Chinese automaker GAC is exploring the possibility of producing electric vehicles (EVs) in Europe to circumvent EU tariffs, as stated by international business general manager Wei Heigang in a Reuters report.
As one of China’s largest car manufacturers, GAC has set an ambitious goal to sell 500,000 vehicles overseas by 2030. Although the company currently doesn’t offer EVs in Europe, it plans to unveil the Aion V electric SUV at the Paris Auto Show.
To mitigate the impact of EU tariffs on Chinese-made EVs, GAC is considering local production, though it is still in the early stages of determining whether to build a new facility or utilize an existing one. The Aion V is slated to launch in Europe in 2025.
