"Yang" - Rising against the trend, reshaping the industry landscape.
New energy vehicles are taking the lead in China's automotive exports. According to data from the China Association of Automobile Manufacturers, in the first half of this year, China's traditional fuel vehicle exports reached 2.188 million units, an export growth rate of 36.2%; while new energy vehicle exports amounted to 605,000 units, representing a year-on-year growth of 13.2%. Although the growth rate of new energy vehicles has significantly slowed compared to the same period last year, it still maintained a resilient increase. Starting from August 1, the United States imposed a 100% tariff on electric vehicles imported from China, a fourfold increase from the previous 25%; beginning July 4, the European Union imposed tariffs of up to 38.1% on electric vehicles imported from China. A series of trade protection measures have created greater obstacles for China's new energy vehicle exports. In response, Chinese new energy vehicle manufacturers should adopt more flexible strategies, focusing on larger markets such as Southeast Asia and Africa, and consider establishing overseas factories to achieve win-win cooperation. In the first half of this year, the top five markets for China's new energy vehicle exports were Brazil, Belgium, the United Kingdom, Thailand, and the Philippines. There is no doubt that Chinese new energy vehicles are becoming an important force in driving the transformation of the global automotive industry, reshaping the automotive market landscape.
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