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DE
Toyota, Honda’s Chinese partner hires veteran BMW executive to head European expansion
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TechNode
GAC aims to establish positive consumer resonance in the European market with this move and inject new impetus into the company’s global development, according to a Chinese statement.
GAC will begin sales of a sports utility vehicle, Aion V, in several European markets in mid-2025.
Meanwhile, the Chinese automaker is looking at the possibility of making EVs locally to avoid EU tariffs, an executive told Reuters.
A transit warehouse for Europe will come into service next year to ensure a more timely supply of car components.
Chinese EV imports will face additional duties in the 17-35.3% range on top of an existing 10% levy likely starting from November.
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