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

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European freight truck manufacturers are facing competition from low-cost Chinese electric truck makers, with several companies planning to launch sales in Europe this year. Chinese brands like BYD and Windrose aim to price their trucks up to 30% lower than the European average. Traditional European truckmakers are concerned about losing market share and are seeking government support to boost demand for their electric trucks. The rapid development of Chinese technology has surprised industry experts, as they expected a longer timeline for market entry.

