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US dollar51.31EGPEuro58.43EGPBritish pound68.38EGPSaudi riyal13.68EGPUAE dirham13.97EGPKuwaiti dinar165.77EGPJordanian dinar72.37EGPQatari riyal14.10EGPTurkish lira1.08EGPChinese yuan7.56EGPGold 246,650.06EGP/gGold 215,818.81EGP/gGold 184,987.55EGP/gSilver94.91EGP/g

World

As Chinese EV makers expand in Europe, are local automotive suppliers set to benefit?

By South China Morning Post · May 25, 2026 · 1 min read South China Morning Post ↗

As Chinese EV makers expand in Europe, are local automotive suppliers set to benefit?

European automotive suppliers are set to benefit from an influx of Chinese carmakers, thanks to growing demand for electric vehicles (EVs) and persistent local protectionism, according to Vulcan Energy Resources, a lithium and renewable energy producer in Germany.
Chinese EV makers – from BYD to Xpeng – are planning to aggressively expand into Europe in search of higher profit margins, even as Brussels advances measures to protect local manufacturing amid a slower pace of electrification.
On…

المصدر: South China Morning Post

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