Chinese EV makers shift to African assembly plants

Chinese EV makers shift to African assembly plants

Chinese automakers are moving from exporting to assembling vehicles in Africa, targeting the continent's growing middle class and demand for affordable EVs. This strategy responds to slowing domestic sales and trade barriers in the West. Analysts say it could create jobs and boost EV adoption, but infrastructure and policy issues remain.

Source: AP News

More in Business & Finance

Read the live feed on ZapIndies