European nations compete for Chinese EV factories even as EU weighs tariffs
Sales of Chinese-brand cars such as the MG3, shown at the 2024 Geneva auto show, comprised 4 percent of the European market last year and are forecast to hit 7 percent by 2028, according to consulting firm AlixPartners.
(DOUGLAS A. BOLDUC)
Automakers and dealers that are in states adopting California’s Advanced Clean Cars II rule – which sets ambitious, annually escalating ZEV sales mandates and threatens stiff penalties for noncompliance – face a daunting challenge