China's new energy vehicles actively expand the European market

2022-10-17

The close cooperation between Chinese and European enterprises in new energy vehicles and their upstream and downstream industrial chains is conducive to promoting green and sustainable development in the field of transportation, and will become an important force in promoting carbon neutrality in global transportation. In recent years, with the growing demand for new energy vehicles in Europe, China's own brand car enterprises have gone abroad. In the fields of power battery, methanol fuel, automatic driving and other fields, the R&D cooperation between Chinese and European enterprises is advancing rapidly. The excellent quality won the recognition of European consumers. The Chinese new energy vehicle company Weilai recently held a launch event in Berlin, Germany, and began to provide services in the markets of Germany, the Netherlands, Denmark and Sweden. Previously, BYD signed a long-term cooperation agreement with the German car rental company Sixter in Berlin to provide new energy car rental services for the European market and jointly promote the electric transformation of the car rental market. According to the statistics of the automotive industry consulting agency Inovev, the number of new cars registered by Chinese manufacturers in Europe in the first half of this year is about 75000, which is expected to reach 150000 by 2023. Taking the German market as an example, according to the data recently released by the All German Automobile Club, Europe's largest automobile association, in the first seven months of this year, about 7000 Chinese manufacturers registered German license plates, accounting for 0.5% of the overall German market share. The agency said that in the German market, where local brands have an absolute advantage, SAIC Group's sales of MG have caught up with or surpassed some old car enterprises. At the beginning of this year, the German Federal Motor Vehicle Driving Administration included Chinese manufacturers in its official statistics for the first time. At present, the recognition of China's new energy vehicles in the European market is inseparable from the green development trend of the industry, environmental protection and energy conservation and emission reduction goals of various countries. The latest data shows that new energy vehicles now account for 20% of new car sales in Europe. The vast majority of products sold by Chinese auto enterprises in Europe are plug-in hybrid, pure electric and other new energy vehicles, among which SAIC Mingjue ranks among the top 20 new energy vehicle sales. China's new energy vehicles are exported to Norway, Belgium, the United Kingdom, Germany and other markets, becoming an important driving force for the export growth of Chinese brand vehicles. It is worth mentioning that this achievement of China's new energy vehicles is not only based on price advantages, but also the stable supply chain, excellent technology and excellent quality are increasingly winning the trust of European consumers. The New York Times of the United States, for example, said that a dealer in Bavaria, Germany, had no confidence in Chinese new energy vehicles at first, but after careful study of the actual vehicle, it gave high praise. Before the dealer put up a billboard, this Chinese hybrid vehicle had achieved good sales results. All German Automobile Club is one of the most authoritative automobile evaluation institutions in Europe. All models put on the European market by Chinese automobile enterprises have obtained the "excellent" evaluation scores of this institution. Wei Lai Electric Vehicle passed the Euro NCAP crash test in the European Union and obtained the full score five-star certification. The whole industry chain helps local green transformation and Chinese new energy vehicles enter the European market together, as well as supporting marketing and after-sales service networks. At present, SAIC MG has entered 16 European countries, and its brand sales outlets have expanded rapidly from 65 in 2020 to more than 400. This year

Edit:Li Jialang    Responsible editor:Mu Mu

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