"Changan Seeks to Avoid EU Tariffs with Spain Production Expansion" In a move to mitigate rising costs and stay competitive in the European market, Chinese automaker Changan is considering expanding its production operations to Spain. The decision is largely driven by the European Union's imposition of a 20% tariff on battery-electric cars imported from China, which has significantly impacted Changan's sales of its Deepal S05 and S07 midsize electric SUVs in the region. By establishing a local production base, Changan aims to avoid these tariffs and increase its market share in Europe. The development highlights the growing competition in the European electric vehicle market and the strategies that manufacturers are employing to remain viable.
Production in Spain would help Changan avoid European Union tariffs on battery-electric cars imported from China. The automaker's Deepal S05 and S07 midsize electric SUVs are charged an extra 20 ...
