China's new energy vehicles are selling overseas, "not surprising"

According to data released by the China Automobile Industry Association a few days ago, in the first half of this year, China New Energy Vehicle exported a total of 202,000 units, an increase of 1.3 times year -on -year, accounting for 16.6%of the total exports of the vehicle.

The international competitiveness of China's new energy vehicles has continued to improve, and related companies have also actively seized opportunities, vigorously expand overseas markets, and have attracted great attention from foreign media.

Focus on consumers of many countries

A recent article by Forbes magazine states that the popular electric vehicle market in Europe is still in a relatively "vacuum zone", and Chinese automobile manufacturing companies are impacting this market.

Statistics show that nearly 10 Chinese car companies have exported new energy models to Europe, and Chinese electric vehicles have accounted for 10%of the total sales of European electric vehicles. In 2021, China Electric Vehicle exported around 550,000, of which 40%were sold to the European market.

The British "Financial Times" website quoted a report from the German Institute of Mercato China in Germany that in 2021, China's market share in Europe is second only to Germany. Articles of the American "Electric Vehicle Insider" pointed out that in Europe, Chinese electric vehicles are one of the most popular electric vehicles. This is a "not surprising fact."

In many countries in Asia, China's new energy vehicles are also favored.

The Japanese version of South Korea's "Korean National News" recently disclosed data released by a car market research agency that in the first half of this year, 399 of the 896 electric buses in South Korea were made in China, accounting for about 44.5%. A number was 23.2%in 2020 and 33.2%in 2021. "Made in China is very popular."

Recently, a report on the Singapore's "United Zaobao" website tells the story of a Chinese electric vehicle after several selection of a middle -class family in Singapore. It is reported that in 2021, the total scale of the ASEAN national electric vehicle market will reach nearly 500 million US dollars, and it is expected to exceed $ 2.6 billion by 2027. And Chinese car companies have seen business opportunities a few years ago to broadcast seeds in the Singapore electric vehicle market.

In Israel, the geometric C -type electric vehicle launched by Geely Motors of China has attracted the attention of local media: "It can drive 460 kilometers at a time and can cross the north and south of Israel." In the first half of 2022, the market share in the Israeli pure electric vehicle market as high as reaching reaching as much as 22%, rated by local car magazines as "the best purchase model of the year". The Israeli Financial Media "Global News" wrote that BYD, Weilai, Great Wall, GAC, SAIC ... at least 10 Chinese car brands are selling new energy vehicles in Israel.

Having scale and cost advantage

Many foreign media paid attention to a news: In the first half of this year, the sales volume of Chinese car companies BYD new energy vehicles exceeded 640,000, becoming the world's largest electric vehicle manufacturer. According to the British "Financial Times", it shows that China's leading position in the field of new energy vehicles has increased, and "China has the scale and cost advantage in the supply chain of electric vehicles, power batteries, wind and solar energy."

The market competitiveness of China's new energy vehicles is a topic of interest in foreign media.

The Spanish "National Daily" website pointed out that for electric vehicles, battery technology is very important, accounting for almost one -third of the cost of the car. Some Chinese car companies have made a lot of investment in new technologies, and they have taken the lead in adding the research on expensive nickel and cobalt -dependent battery chemicals, making Chinese electric vehicle brands resist some resistance to cost risks.

South Korea's "Korean National News" article stated that the "Made in China" electric buses with long battery life and non -charging throughout the day, gradually occupying the Korean market due to the competitiveness of price and technology. This article pointed out that the charging cost of South Korea during the day is much higher than that at night, and the short battery mileage will increase the cost. Take Seoul as an example. The charging cost late at night is 50 to 100 won per kilowatt -hour, but the charging costs during the day exceeded 200 won. Electric buses made in China can meet the one -day demand only in the middle of the night.

The "Japan Economic News" website reports that China's electric vehicle competitiveness stems from industrial gathering. The report introduced the concept of "scale competitiveness" proposed by the vehicle battery manufacturer Ningde era, saying that the company has developed a large -scale investment plan to improve production capacity and establish a major material procurement network in China. Japanese component manufacturers estimate that due to industrial agglomeration, China's electric vehicle production costs are low, and competitive advantages are increasingly obvious.

The German "Business Daily" reported that so far, electric vehicles sold in Europe are mainly expensive models. However, the popular market is the "key" of electric vehicles. Some investors believe that with the attraction of the popular market, China's electric vehicles will quickly pour into Europe and occupy a larger market.

Enterprise actively "goes to the sea"

At present, under the influence of factors such as the epidemic and geopolitical conflict of new crown pneumonia, international energy prices fluctuate at high levels, energy safety issues have attracted much attention, and new energy vehicles have ushered in new opportunities. Some foreign media are concerned that in the context of the "double carbon" policy, the Chinese government strongly supports the development of new energy vehicle companies and injects the driving force for enterprises.

The Swiss "Observation" website pointed out that the car world is experiencing an electrical revolution. As the world's largest automotive market, China promised that by 2025, the sales volume of new energy vehicles reached about 20%of the total sales of new cars. In the field of electric vehicles, China leads the world trend.

The Spanish National News pointed out that in order to reduce the dependence of transportation and industry on imported fossil fuels, the Chinese government and new energy vehicle companies have launched some subsidy measures to promote the development of the emerging electric vehicle industry. Bloomberg follows that China has also adopted some specific measures to promote the development of new energy vehicles, such as limiting vehicles that limit high fuel consumption, urging lithium (a battery component) manufacturer to rationalize the price.

China's new energy vehicle companies have seized opportunities in recent years and deployed overseas markets. Singapore's "Lianhe Zaobao" reported that as early as 2014, BYD signed a joint laboratory agreement with the Singapore Science and Technology Research Bureau to jointly develop an electric vehicle system for Singapore's public transportation; in 2017, the first batch of all electric taxi teams using BYD models Started in Singapore. It is reported that since this year, China Enterprises have accelerated their layout in the electric market in Singapore. Weilai Automobile has announced that it will set up artificial intelligence and autonomous driving research and development centers in Singapore. In April of this year, a company in Shenzhen, an enterprise engaged in new energy logistics vehicles and enterprises under the Singapore Volkswagen Express Transportation Company, announced that it will establish a joint venture to establish an electric vehicle service company.

The "Japan Economic News" website recently reported on the "China Electric Vehicles to the World" that in Europe, Chinese new energy vehicle companies entering Norway, Germany, France, the Netherlands and other markets are steadily expanding sales channels in Europe. According to data from a British survey company, in 2021, the output of pure electric vehicles in China reached 2.94 million, accounting for 60 % of the world's. Following the production of nearly 70 % of the world's smartphones, China has also won the status of the "world factory" in the field of electric vehicles. (Reporter Li Jiabao)

Original title: Why does China New Energy Vehicle sell overseas?

"People's Daily Overseas Edition" (1022, July 25, 2022)

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