Chinese carmakers aim to build up presence in Europe

Chinese carmakers have quickly built up their presence in the lucrative European auto market, buoyed by technological advances their competitors are trying to copy, and analysts say their next step is to begin producing locally. Largely unknown in the continent three years ago, brands including BYD, Chery, Geely and XPeng achieved a nine percent share […] The post Chinese carmakers aim to build up presence in Europe appeared first on Digital Journal.