Chinese Electric Vehicle Manufacturers Target the African Market

In the context of global energy transition, Chinese electric vehicle (EV) manufacturers are intensifying their efforts to conquer the African market, seeing considerable growth potential. This expansion strategy is part of a desire to diversify their international markets and establish themselves as leaders in a region still largely untapped by the EV industry. Several major Chinese players have recently made significant inroads on the African continent. Neta Auto, a brand developed by the startup Zhejiang Hozon New Energy Automobile Company, opened its first flagship store in Kenya last June. The…

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