Use wechat scan QR code < / P > < p > to share with friends and circle of friends < / P > < p > <-- As the largest automobile market in the world, < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E4%B8%AD%E5%9B%BD "> China's < / a > market has experienced rapid growth in 2020, but at the same time, the competition has become increasingly fierce. Now, China < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E7%94%B5%E5%8A%A8%E6%B1%BD%E8%BD%A6 "> electric vehicles < / a > start ups are looking overseas and expanding into Europe < p > in recent years, the Chinese government has begun to relax restrictions on foreign-funded wholly-owned local automobile production. But since more than a decade ago, the government has been spending huge amounts of money to help develop electric vehicles. This has helped local Chinese companies gain an advantage in producing battery powered vehicles, which are now aiming to expand overseas < p > analysts at Goldman Sachs, the US investment bank, predict that in four years' time, although China will still be the largest auto market, the government's new policy means that the share of electric vehicles in European and US auto sales will be higher than that in China
Weilai < / a > said that it will enter the European market in the second half of this year. Qin Lihong, co-founder and President of Weilai, said the company is expected to officially announce its overseas expansion plan within one month. Although he did not disclose the name of a specific country, he said that after Europe, Weilai also intends to enter the U.S. market According to the data, China exported 63500 battery driven pure electric vehicles in the first 11 months of 2020. Although Saudi Arabia and Egypt were China's top destinations for electric vehicles last year, exports to the UK, Belgium and Germany also increased significantly At the same time, Xiaopeng, which is listed in the United States, has been testing water in Norway, where the start-up delivered 100 G3 electric SUVs in December last year < p > he Xiaopeng, chairman and CEO of Xiaopeng, said that later this year, Xiaopeng plans to sell its P7 electric car in northern Europe and hopes to get customer feedback. He is recruiting new staff and plans to set up a subsidiary in the region before considering entering western and Eastern European markets Tu Le, founder of Sino auto insights, a consulting and market research firm, said: "it's no secret that most Chinese EV start-ups have global expansion plans. Because of the lack of viable electric vehicle products in many regions, this will continue as these companies pursue growth and value and discover new opportunities. " < p > Tu Le believes that if enough research is carried out on the local market in Europe, some Chinese companies may succeed there However, even though China's export of electric vehicles to Europe has increased, it still accounts for only a small part of the market. According to the data of the European Association of automobile manufacturers, China's position in the EU in 2019 < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E4%B9%98%E7%94%A8%E8%BD%A6 "> passenger car < / a > accounted for less than 2% of the total imports, and the import volume of 865 million euros (6.75 billion yuan) marked a 79% year-on-year growth In contrast, EU car manufacturers produced nearly 6 million passenger cars in China in 2018, accounting for nearly a quarter of China's total auto production < p > < b > domestic competition intensifies < / b > < / P > < p > the overseas investment of Chinese start-ups comes at a time when the domestic market competition is heating up. Technology companies such as apple and Huawei are also entering the industry, bringing fierce competition to electric vehicle manufacturers, Mr Qin said At the same time, < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E7%89%B9%E6%96%AF%E6%8B%89 "> Tesla < / a > continues to lead the market and is increasing domestic car production. According to the data of China Passenger Car Association, Tesla Model 3 is the best-selling electric vehicle in China in 2020 < p > the association said that in addition to two mini electric vehicles, the second best-selling electric vehicle is GAC aion s. Weilai's more expensive model ranked ninth, while Xiaopeng did not enter the top ten < p > with the further transition of the automobile industry to electric vehicles, traditional American and German automobile companies are also formulating their own electric vehicle strategies, and many of them plan to launch electric vehicles in the Chinese market first < p > for example, GM's Cadillac launched the electric car lyriq at the Shanghai auto show, and the company said it would start taking bookings in China later this year. Ford also used the show to launch its local version of the Mustang mach-e, as well as an EVOS SUV developed mainly in China, which will be available only in China < p > Volkswagen demonstrated its third electric vehicle id.6 for China in Shanghai. The German automaker aims to make at least 70% of its cars sold in Europe electric by 2030. At least 50% of the cars sold in North America and China are pure electric vehicles& nbsp; （ Small) < / P > < p > <-- EndFragment-->
2023-03-22 10:04:32
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