EV Market: How Will China EVs Tackling EU Tariffs

Shenzhen, Jul 5, 2024
By Gaia Research Team.
Bio: 

The Gaia Research Team specializes in sustainable mining investments, focusing on responsible resource extraction. Committed to transparency and innovation, the Team aims to transform the mining sector into a more sustainable industry that benefits both the economy and the planet while addressing the huge supply and demand gap for critical minerals.

The Electric Vehicle (EV) market in Europe has seen significant growth in recent years, driven by customer preferences, supportive policies and government initiatives. This growth presents an excellent opportunity for Chinese EV manufacturers to open new market and expand their business as intense competition is happening in China. With the notable price advantage of Chinese EVs over European models, Chinese manufacturers seem to be well-positioned to capitalize on this growth and achieve success internationally.

However, on June 12th, the

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