The Guardian | ‘Temu Range Rover’: what the bestselling Jaecoo 7 says about China’s electric car ascendancy by Jasper Jolly and Claudia Efemini
AI generated summary, Read the full article for complete information.
In March, China’s Chery saw its Jaecoo 7 crossover SUV become the UK’s best‑selling model, selling 10,064 units and outpacing familiar rivals such as Ford, Nissan, Kia and Tesla. The surge is driven by Chery’s cost advantage – lower material and labour costs in China, extensive state subsidies, and economies of scale that let it offer a plug‑in hybrid for about £35,000 with high‑spec features like heated seats, a panoramic roof and a heads‑up display. By expanding to 126 UK dealers, providing zero‑percent finance with no deposit, and leveraging a network of PHEVs that avoid EU tariffs on pure‑electric cars, Chery is aggressively pushing into Europe and positioning the Jaecoo 7 as a low‑price, tech‑rich alternative, even as some reviewers note mixed driving dynamics. This marks a significant shift in the European automotive market toward competitively priced Chinese models.
Kazakhstan’s Auto Industry Expands Output Amid Strong Demand
Reliance on Chinese green tech poses ‘serious’ risk for Europe, experts say
By Dan Milmo Global technology editor
Continent ‘sleepwalking’ into series of economic and national security problems due to over-dependence
#Technologysector #China #Europe #Energyindustry #Renewableenergy #Automotiveindustry #Solarpower #Windpower #Electrichybridandlowemissioncars #Business #Technology #Economics #Lithiumionbatteries #AsiaPacific #DanMilmoGlobaltechnologyeditor
GM expecting $500m Trump tariff refund, boosting its 2026 earnings outlook
By Associated Press
Companies are now seeking refunds on tariffs after supreme court ruled Trump’s emergency levies were illegal
https://www.theguardian.com/business/2026/apr/28/general-motors-trump-tariffs-refund
#GeneralMotors #Trumptariffs #USsupremecourt #Automotiveindustry #DonaldTrump #Tariffs #USeconomy #Economics #Business #USnews #AssociatedPress