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China's race to tech supremacy: Driving into Europe
Manage episode 419364525 series 3412896
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China’s BYD has become one of the world’s largest electric vehicle manufacturers, thanks to its low production costs. The US has slapped a 100% tariff on Chinese EV imports to protect its own sector but BYD has its sights set on Europe. The FT’s James Kynge reports from Germany to find out what established European carmakers make of this burgeoning competition, and how the EU is handling it. We hear from the FT’s June Yoon, automobile analyst Stefan Bratzel, European Commission spokesperson for trade Olof Gill, and Manuel Kallweit, chief economist at German car lobby group VDA.
Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.
Clips: Bloomberg, CNBC, DW
Read a transcript of this episode on FT.com
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