Carpool: Chinese giants use idled foreign plants to fuel global expansion

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Chinese automakers, facing overcapacity domestically, are expanding globally by utilizing idled foreign plants. Companies like Geely and Great Wall Motor are adopting an "asset-light" strategy, avoiding building new overseas factories. This approach allows them to assemble cars more cost-effectively and expand their global reach. Recently, Mercedes-Benz was reported to be in talks with Great Wall Motor to share a South African factory. Chery Automobile also agreed to take over Nissan's manufacturing assets in South Africa. These moves allow Chinese companies to leverage existing infrastructure and supply chains to assemble vehicles, particularly electric vehicles, in international markets.
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