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Electric cars in China

Tencent-backed Aiways breaks into Europe and China EV market

Startup opens Jiangxi plant with annual capacity of 150,000 vehicles

Facing stiff competition at home, Chinese electric vehicle startup Aiways is looking to grow in Europe, helped by stronger demand for emissions-free cars. (Photo by CK Tan)

SHANGHAI -- Chinese electric vehicle startup Aiways is expanding its sales footprint in Europe, where more electric cars were sold last year than in China. Aiways has pursued this strategy since it was founded in 2017, as it looks to grow outside China's fiercely competitive domestic market.

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