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Volvo CEO disputes 'pirate' label for Chinese automakers

Volvo Car CEO Håkan Samuelsson has refuted White House trade adviser Peter Navarro's claims that Chinese automakers are succeeding due to unfair practices. Samuelsson stated that companies like BYD and Geely have prospered through effective strategies, including deep vertical integration in batteries and software. He acknowledged the evolving competitive landscape and urged respect for Chinese manufacturers as new industry leaders alongside traditional European brands. AI

RANK_REASON CEO commentary on geopolitical trade claims.

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Volvo CEO disputes 'pirate' label for Chinese automakers

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Rafaela Lindeberg, Bloomberg ·

    Volvo car CEO pushes back on Navarro’s ‘Pirate’ China comments

    Chinese carmakers are steadily expanding their presence in Europe despite higher European Union tariffs on their electric vehicles