# EU trade

China’s Auto Industry Goes Global: Gigafactories, Subsidies and New Market Access Propel an Overseas Push

Chinese automakers and suppliers have accelerated overseas investment, disclosing more than RMB70 billion in projects over three months. Major moves include a planned 2.067 billion euro battery gigafactory in Portugal and policy openings in the EU, Canada and Germany, signaling a shift from export‑led sales to localised, global supply chain building.