Automakers from the "Celestial Empire" are actively moving their facilities to Europe, which in the future will allow them to more aggressively push the market for themselves due to the absence of trade restrictions. Having once bet on the development of electric vehicles, now Chinese companies want to enter the Old World market, where the issue of abandoning internal combustion engines is becoming increasingly acute.
For example, BYD is building a plant in Hungary, which is scheduled to be commissioned by the end of 2025, and production is expected to begin in Turkey in 2026. The management declares its intention to completely transfer the assembly of cars for the European market to Europe by 2028.
Chery has begun selling SUVs in Poland and previously entered the British market, while Omoda and Jaecoo are already present in Italy, Spain and other countries. Changan, which debuted in Europe in March, plans to establish sales in ten countries of the region by the end of the year and is looking for a place to build its own plant.
Geely, which owns Volvo and Lotus, is preparing to present its new brand with an electric crossover in the UK in the last months of 2025. At the same time, Zeekr and Lynk & Co, which belong to it, are already successfully operating in Europe. SAIC, which owns MG Motor, is showing good sales figures, having sold 176,415 cars from January to July, which is 2.1% of the total number of cars sold.