China auto suppliers, EV makers flood major trade fair in Germany

Tuesday, September 10th 2024, 5:04:07 am
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FRANKFURT (Reuters) -Nearly 900 Chinese auto suppliers and a handful of electric vehicle makers are taking part in a trade fair in Frankfurt as the country's car sector defies looming trading barriers to expand its global presence and counter sinking profits at home. Chinese carmakers including BYD, Geely, Hongqi and GAC International were set to display their vehicles at the fair, called Automechanika, as an added feature to the event which normally focuses on suppliers. "Even if some in Europe turn against us, we will never turn against the European market," said Victor Yang, senior vice-president at Geely, the only carmaker to host a press conference at the fair.
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