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GT Voice: Investment in Mexico shows resilience of China's EV sector

The trend of Chinese automakers seeing Mexico as a way to enter the American electric vehicle (EV) market is drawing attention and concern among some US media outlets, but this flexibility actually underscores the resilience of the Chinese vehicle industry, despite US protectionism.
Xia Qing United States Global Timesthe United States Mexico Canada Agreement Reduction Act North America

Volkswagen puts off east European gigafactory amid sluggish EV demand

German car group Volkswagen will not make a decision on a fourth battery factory site for now, with demand for electric vehicles in Europe lagging expectations, Chairman Oliver Blume said on Wednesday. Volkswagen has been looking at a possible site for a gigafactory for electric car batteries in eastern Europe and had already put off a decision a year ago when it was considering locations in the Czech Republic, Hungary, Poland or Slovakia. Czech officials said on Wednesday they would start off...
Czech Republic Jason Hovet Mark Potter Oliver Blume Petr Fiala Chairman Oliver Blume
Source: yahoo.com

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