News Analysis
China’s zero-emission vehicle (ZEV) industry is accelerating its overseas investment push amid overcapacity at home, thin profit margins, and growing regulations in its largest overseas market, Europe.
China’s ZEV Industry Invests More Abroad Than at Home for First Time
Chinese ZEV manufacturers are addressing overcapacity, price erosion, and thin profit margins at home by expanding overseas.
BYD electric cars waiting to be loaded on a ship are stacked at the international container terminal of Taicang Port at Suzhou Port, in China's eastern Jiangsu Province, on Sept. 11, 2023. AFP via Getty Images
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”
