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The Economic Times

Economy / The Economic Times

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European freight truck makers brace for wave of low-cost Chinese rivals

Chinese truck manufacturers are set to enter the European market in 2026 with electric trucks. Companies like BYD and Geely's Farizon plan to offer vehicles at significantly lower prices than European competitors. This move is expected to challenge established brands. European firms are seeking government support to boost their own electric truck sales and production capabilities.

11 Mar 2026 12:51 am