Not only are Chinese companies competing, but Japanese automakers are also partnering with Chinese EV companies to introduce new electric models. Toyota unveiled two battery electric vehicle concept models in April as part of its bZ series, aimed at rivaling Tesla’s Model X SUV. Toyota has formed joint ventures with BYD and Guangzhou Automobile Group to produce and sell these electric vehicles in China.
Tesla’s Chinese Rival Zeekr Begins Production of First Electric SUV
Zeekr is a new brand from Geely, which is also the parent company of Volvo and Lotus. The company plans to launch several more electric vehicles in the coming years
