Chinese carmaker Geely wants to sell 100,000 cars a year in the UK and would consider local production as it aims to take on Tesla and BYD in Europe’s second-largest market for electric vehicles.
The UK has become a battleground for European expansion by Chinese carmakers because of strong EV sales and the absence of import tariffs.
“Currently the UK market is more open and a friend for Chinese brands,” Michael Yang, the head of Geely Auto UK, told the Financial Times.
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