Chinese Cars in Spain: MG, Chery and Geely Set up a European Factory to Dodge Tariffs

forococheselectricos

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In recent months, we've seen two distinct trends in Europe: on the one hand, Germany, which is experiencing a recession in its industrial sector, with hundreds of thousands of job losses. On the other hand, Spain, which is seeing increased investment with new production lines for cars, batteries, and components. The key is the market shift towards electric vehicles, and especially towards Chinese cars, which have found fertile ground in our coun…

Merca2.es

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Chinese cars in Spain have ceased to be imported only. MG, Chery and Geely have turned local assembly into their way of selling in the European Union without assuming the Community tariff, according to Expansión. Movement is not cosmetic. Brussels maintains tariffs on electrics manufactured in China and, in practice, assembly in Community territory changes the classification of the product. It ceases to be an imported unit and becomes a vehicle …

Expansión

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Spain has been the gateway to Europe for Chinese brands to market their vehicles, but in the next few years it will become the production hub of Chinese...