Rise of local NEVs helps global tool makers

Employees work at an auto production facility in Jinhua, Zhejiang province, in April. [HU XIAOFEI/FOR CHINA DAILY] The growing overseas footprint of Chinese companies that make new energy vehicles and auto parts is offering substantial opportunities for global machine tool makers, said a corporate executive. Chinese NEV makers’ rise mirrors the growth patterns in other … Continue reading Rise of local NEVs helps global tool makers