Previous Close | 1.5804 |
Open | 1.4242 |
Bid | 1.4306 x N/A |
Ask | 1.4728 x N/A |
Day's Range | 1.3770 - 1.4242 |
52 Week Range | 0.8973 - 1.7480 |
Volume | |
Avg. Volume | 120 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little local competition. Now they'll have to defend their home turf in Europe from an onslaught of formidable Chinese electric vehicles. Chinese EV titans BYD, Chery and Great Wall Motor (GWM) are preparing a fusillade of product launches - about 20 over the next five years - and spending heavily on sales and marketing in their most important export market, according to Reuters interviews with 18 China auto executives, consultants and industry experts familiar with the Chinese automakers' European strategy.
(Bloomberg) -- Shut out of US markets and under fire in Europe, China’s electric-car makers are zeroing in on the countries where they’re welcome. One of the big ones is Brazil.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Fro
Chinese EV makers are pushing back against the idea that their success in making affordable cars is due to state help.