China’s EV makers face cost and consumer challenges to conquer Europe

News Snapshot:

[1/5] A NIO ET5 car model and the NIO EP9 sports car are pictured at the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023. REUTERS/Annegret Hilse Acquire Licensing Rights Summary Companies Chinese EV makers growing market share in Europe, target more Chinese brands unlikely to be able to sell as cheaply as at home Import costs and low brand recognition pose challenges BERLIN, Aug 18 (Reuters) - China's electric vehicle (EV) makers, which have raced past foreign rivals to top sales rankings at home, are arriving in Europe...