Seven Chinese Car Brands Expanding Into Czechia
BYD and six other Chinese automakers are preparing to enter the Czech market, targeting both affordable and premium electric car segments.
European automakers have long dominated the market, but a new wave of competition from China is on the horizon.
Hongqi: China’s Luxury Answer to Mercedes and BMW
Hongqi, which means “Red Flag”, has an illustrious past. Once the exclusive supplier of limousines for Chinese political leaders, the brand has evolved into an ambitious global player.
Hongqi competes directly with Audi, BMW, and Mercedes-Benz in China, and now it plans to take on the same rivals in Europe.
While Hongqi originally produced combustion models for the elite, it now focuses on electric vehicles.
Author's summary: Chinese car brands enter Czech market.
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