Chinese Automaker GAC Considers European EV Production to Bypass Tariffs

GAC is exploring local manufacturing options in response to potential EU tariffs on imported Chinese electric vehicles.

GAC, one of China's largest automakers, aims to sell 500,000 vehicles overseas by 2030.
The company is showcasing its Aion V electric SUV, designed for the European market, at the Paris Auto Show.
The potential EU tariffs are part of a broader effort to counter perceived Chinese subsidies and overcapacity.
Discussions on local production are in early stages, with options including building a new plant or taking over an existing one.
GAC plans to launch the Aion V in Europe by mid-2025, with a projected price under 40,000 euros.