Chinese EV Expansion: Global Factory Plans and Market Penetration
Doug McIntyre and David Callaway discuss the strategic expansion of Chinese EV companies, noting recent announcements of new factories, such as one in Thailand. They propose revisiting this topic after more factory locations are revealed to analyze where significant investments are being made. They predict a future where the global map shows widespread adoption of Chinese EVs, with only the U.S., Canada, U.K., and Europe remaining resistant. This anticipated market penetration underscores the rapid growth and strategic planning of Chinese EV manufacturers.
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