New energy vehicles' going global 'accelerates emerging markets to become new growth points

2024-10-17

The 136th China Import and Export Fair (hereinafter referred to as "Canton Fair") is being held in Guangzhou. The reporter found during the museum tour that the continuous "upgrading" of new energy vehicle supply has enriched the product system and further expanded the market space. At the same time, emerging markets have become new growth points. The latest data released by the China Association of Automobile Manufacturers shows that from January to September this year, the production and sales of new energy vehicles in China exceeded 8.3 million units, with a year-on-year growth of over 30%. In the structure of automobile production and sales, the sales of new energy vehicles have accounted for nearly 40% of all automobile sales. At the 153 square meter exhibition booth of GAC Group, three new energy vehicle models and the latest charging technology achievements were unveiled. Among them, the second-generation AION V from Aion is GAC's first European strategic vehicle. This model has a range of up to 650 kilometers and features long range and fast energy replenishment, while also meeting the needs of family users in different regions and cultural backgrounds around the world. "Deng Ziyan, the foreign trade manager of Guangzhou Meilun Auto Trade, said that the car will be exhibited at the 2024 Paris Motor Show and is planned to meet European consumers next year. From January to September this year, GAC Group's cumulative export of automobiles increased by 112.0% year-on-year, with exports to the United Arab Emirates, Chile, Mexico, and the Philippines. According to the relevant person in charge of GAC Group, the automotive industry is accelerating its transformation towards intelligence and electrification, and there is a significant increase in demand for new energy vehicles in both domestic and foreign consumer markets. In terms of consumption upgrading, consumers are more concerned about personalized and high-quality products. Against the backdrop of "carbon peak", the global transition to new energy for automobiles continues to accelerate, and in recent years, Chinese car companies have shown an accelerating trend in their overseas expansion. At the booth of Nanjing Jinlong Bus Manufacturing Co., Ltd., a new energy vehicle product of a pure electric compression garbage truck attracted the attention of overseas buyers. This compressed garbage truck, with its unique bus head design, provides greater space and higher comfort, aiming to improve the working environment and experience of sanitation workers. We will first focus on sales in Southeast Asian countries, "said Zhang Fei, Deputy General Manager of the Overseas Business Center of Kaiwo New Energy Vehicle Group. In 2011, Nanjing Jinlong Bus, a subsidiary of Kaiwo Group, was the first to go abroad in China. In recent years, Kaiwo Group has focused on the new energy passenger vehicle product sector. Although the group is currently facing challenges in Europe due to anti-dumping measures, it is adapting to local conditions and promoting the popularization of new energy vehicles with more regional partners through vehicle exports and technology cooperation. Currently, breakthroughs have also been made in the African and Southeast Asian markets. Zhang Fei said that thanks to China's strong industrial chain and technological accumulation, as well as the increasing acceptance and promotion consensus of new energy vehicles by governments and people in emerging markets, the group is confident in expanding the new energy vehicle market. In Zhang Fei's view, the production capacity of new energy vehicles is far from reaching its peak, and market demand continues to grow. In the future, new energy vehicles will develop towards intelligence and high efficiency to meet the needs of energy conservation and emission reduction. Chinese automobile companies have a first mover advantage in electric intelligent technology, while the lower manufacturing costs make their products cost-effective. At this year's Canton Fair, new energy vehicle companies' solutions and products will go global together. Zhang Fei stated that while selling new energy vehicles overseas, he has also launched an integrated photovoltaic energy storage and charging (photovoltaic energy storage and charging) solution, which can provide energy for new energy vehicles even if there are no developed power grid facilities locally, especially in the North African and Middle Eastern markets with abundant light resources. This car belongs to me, I want to buy it A foreign purchaser from Africa pointed to a new energy vehicle and smiled at exhibitor Yang Shan. Overseas buyers mainly focus on Chinese made new energy vehicles, and are also interested in joint venture brands. Yang Shan, Executive Director of Chengdu Zhongxinhai Industrial Group, has been attending the Canton Fair for 4 years. She said that initially, only a few mainstream Chinese made new energy vehicle brands were popular at the fair, but now with the rapid expansion of Chinese made new energy vehicle brands, more brands have been accepted by overseas markets. The sales of new energy vehicles produced in China continue to grow. In emerging markets where infrastructure needs to be improved, Yang Shan stated that she will provide complete car dealerships and after-sales services to support the overseas promotion of new products. The foreign trade competition for new energy vehicles is fierce, and Chinese made new energy vehicles have shown strong growth momentum in foreign trade at the Canton Fair. By providing comprehensive after-sales services and specialized market strategies, enterprises are expected to achieve growth and success in the fierce international competition. (New Society)

Edit:Yao Jue    Responsible editor:Xie Tunan

Source:CNS.cn

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