China's electric automakers are expanding in Europe to blunt the impact of tariffs meant to weaken their price advantage over the region's ailing legacy manufacturers.
China's electric automakers are expanding in Europe to blunt the impact of tariffs meant to weaken their price advantage over the region's ailing legacy manufacturers.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.