Europe spent years locking Chinese carmakers out, now it’s handing them factories

Summary: European automakers including Stellantis, Ford, and Volkswagen are selling or transferring factories to Chinese companies like Leapmotor, Dongfeng, Chery, and Geely. Industry analysts warn this strategy, whilst preserving jobs, accelerates Chinese brand penetration into European markets and strengthens formidable competitors.

Brands mentioned: Stellantis, Opel, Leapmotor, Nissan, Chery, Dongfeng, Ford, Geely, Volkswagen