Magna Steyr in discussions with several Chinese automakers to localize EV production in Europe

Electrek
By Scooter DollMay 28, 2024, 10:09 am203 pts
Austria-based contract manufacturer Magna Steyr has confirmed that several Chinese OEMs are discussing the possibility of local EV production ahead of further sales in Europe. The decision may be swayed by the looming threat of tariffs Europe may impose on China as several automakers continue to expand to new…

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