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VW CEO urges Franco-German cooperation on China EV competition
Financial Times·DE · FR · CN·about 16 hours ago
At the Paris Motor Show, about 30 manufacturers, including European firms, are showcasing models, with a revival of the electric 2CV 'Ente'. European manufacturers are emphasizing the importance of European production to counter Chinese competition, signaling a strategic push for local manufacturing amid rising EV import pressures.
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The Paris Motor Show confirms intensifying competition in the European EV market, with a record 20 Chinese brands present. European manufacturers are strategically emphasizing local production to counter this influx, indicating a defensive posture amid a structural shift in the global automotive industry.