Friday, May 24, 2024

China brand will build over 100,000 cars in Italy

The fear of retroactive import tariffs is causing the Chinese brands to look for production facilities and assembly lines in Europe. One of them is Dongfeng.

Car brand Dongfeng Motor Corporation, owned by the Chinese dictatorship, has shown interest in moving parts of production to Europe.

Dongfeng says that in Europe it will be possible to produce up to 100,000 electrified cars per year. That means not only electric cars. The Chinese also count on hybrids.

This is written by the financial media Bloomberg .

According to the media, Dongfeng has thrown out a foal after a collaboration with Stellantis, which itself has opened up to working with the Chinese on car production in Italy.

READ ALSO: So many cars have been impounded for speeding in 3 years

It is not yet known how much of its model range Dongfeng will bring to Europe. But already last week it emerged that the Chinese would like to sell the MHero 1 car here.

The car, which is a competitor to the GMC Hummer EV, has, like the big American, over 1,000 horsepower and four electric motors. But it is expensive. At home in China, the MHero 1 costs from the equivalent of DKK 1.1 million.

Immediately, the Chinese also have good reason to build cars in Europe. The President of the European Commission, Ursula von der Leyen, firmly believes that the Chinese distribute illegal state subsidies to the country's car industry.

For the same reason, she and the other bosses in Brussels and Strasbourg – the EU obviously cannot be satisfied with one headquarters – are threatening all of the Chinese car brands with tariffs. Read more about it here.

Read more exciting news from and about the world of cars right here!

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