In March, Chinese automaker Changan unveiled the first ever car with extended range technology (EREV), the Changan Hunter. Now the company has announced that it plans to start car production in Europe.
Last year, Changan launched a global strategy to expand into the global market with the potential construction of factories abroad. The first move was to expand into the South American market, where the focus is on cars with internal combustion engines, and the plan is to sell around 200,000 units by 2030.
Now the focus is on the European market where they plan to offer exclusively battery vehicles. It can be said that Changan is trying to react quickly to the recent decision of the European Commission to introduce additional tariffs (of up to 38.1%) on cars manufactured in China. Other Chinese companies could follow suit, and some of them have already done so. For example, BYD aims to be among the top five best-selling brands in Europe by the end of the decade and the plan is to build a factory in Hungary with an initial capacity of 200,000 units per year. Also, Leapmotor has announced that it will assemble its small electric car, the T03, in Poland.
It should be noted that some information suggests that the EU may change tariffs on Chinese EVs. Thus, producers who cooperated during the investigation would have lower tariffs (20.8% instead of 21%), while those who refused to cooperate will have tariffs of 37.6 percent instead of the original 38.1 percent.
Source: Changan
