China’s EV Suppliers Dominate German Trade Fair
Nearly 900 Chinese auto suppliers and electric vehicle makers are participating in a Frankfurt trade fair, showcasing China's car sector's global expansion despite trading barriers and declining domestic profits.
Chinese carmakers like BYD, Geely, Hongqi, and GAC International participated in Automechanika, an event typically focused on suppliers. This year, they showcased their vehicles as a new feature, highlighting China's growing presence in the global automotive industry China's EV Suppliers. Their involvement marked a shift in the event’s usual focus.
Victor Yang, Geely’s senior vice-president, reaffirmed the company’s dedication to Europe, stating, "Even if some in Europe oppose us, China's EV Suppliers Dominate German Trade Fair we will remain committed to the European market...