Chinese EV Brands Want to Dominate Global South Auto Markets
Enthusiasm for electric vehicles is waning in both the U.S. and China, but that is definitely not the case in other parts of the world where EV adoption rates are steadily rising. In fact, at the Bangkok Motor Show this week, Chinese EV brands are grabbing all of the attention.
Throughout the Global South, Chinese EV brands are expanding their presence in both manufacturing and sales. And unlike EVs that are largely expensive luxury vehicles, the Chinese brands are focusing on small, affordable cars that are within the price range of consumers in Asia, Africa and Latin America, among other places.
Lei Xing, a longtime China automotive journalist and host of the China EVs & More Podcast, joins Eric to discuss why Chinese automakers are looking to developing countries to drive EV sales.
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