The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

The Jaecoo 7, a Chinese SUV, is outselling Land Rover's comparable Range Rover Evoque in the UK, with its gasoline version starting around £30,000. The Jaecoo 7 includes premium touches like heated front seats and a sunroof, and has a seven-year warranty, versus three for the Range Rover Evoque. Chinese carmakers, including Chery Automobile Co., are pushing into the European market, with China's carmakers accounting for 10% of the market in May and holding about one-fifth of Europe's second-largest car market in the UK.

For more, Carol Massar and Tim Stenovec speak with Keith Naughton, Bloomberg News Auto Reporter and Jacob Reid, Bloomberg News Global Business Reporter

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. The Jaecoo 7, a Chinese SUV, is outselling Land Rover's comparable Range Rover Evoque in the UK, with its gasoline version starting around &pound;30,000. The Jaecoo 7 includes premium touches like heated front seats and a sunroof, and has a seven-year warranty, versus three for the Range Rover Evoque. Chinese carmakers, including Chery Automobile Co., are pushing into the European market, with China's carmakers accounting for 10% of the market in May and holding about one-fifth of Europe's second-largest car market in the UK. For more, Carol Massar and Tim Stenovec speak with Keith Naughton, Bloomberg News Auto Reporter and Jacob Reid, Bloomberg News Global Business Reporter

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

 ‘Temu Range Rover’ Highlights China’s Ascent in UK Car Market

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