economie

Chinese EVs you can buy in Europe — but not in the US

A BYD Seal EV in a showroom.

BYD is expanding rapidly in Europe, and plans are underway to build two factories in Hungary and Turkey in the coming years.

The Warren Buffett-backed automaker sells six EV models in Europe — from the Dolphin Hatchback, which costs from €32,990 ($36,400), to the Han sedan, which starts at €69,000 ($76,100) in Germany.

Despite the EU imposing a 17% import tariff on BYD in August, the company isn’t slowing down. As it competes with Tesla worldwide, it plans to bring its $10,000 Seagull EV to Europe in 2025.

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Xpeng’s G6 electric SUV.

Xpeng is known for its quirky EV models, including a flying car.

In Europe, the automaker sells its G9, G6, and P7 models in various markets, including Denmark, Sweden, and Norway.

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The MG Cyberster.

Historic British car brand MG is owned by one of China’s largest automakers, SAIC Motor.

Since it came under SAIC Motor’s control, MG has moved some of its vehicle production to China and produced a series of electric models, including the MG4.

This electric hatchback starts at £26,995 ($35,300) in the UK, making it £12,995 ($17,000) cheaper than Tesla’s least expensive offering in the country.

MG also recently launched the Cyberster, a stylish electric roadster that is available for £54,995 ($72,000) in the UK.

As of yet, there’s no sign of the MG4 or the Cyberster coming to the US — although MG is planning to build a manufacturing plant in Mexico, a move some US lawmakers have warned could provide Chinese manufacturers with a “backdoor” to the US market.

Read the original article on Business Insider

https://www.businessinsider.com/chinese-electric-cars-you-can-buy-in-europe-not-us-2024-9