Chinese Electric Cars has big future in U.S. and Europe.

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MG, once a British brand that has been owned and operated by the Chinese since 2005, showed the second largest increase in market share in Europe in the first half of 2023, while other Chinese companies such as BYD and Nio have also made significant gains in the European market. 

This growth has alarmed the automotive industry on the continent, which is responsible for more than 6% of total employment in the European Union.
Traditionally, Europe exported much more cars to China than it imported, but in December 2022 this trade balance turned negative for the first time. 
Since China has managed to gain an advantage in electric vehicle and battery technology, both Chinese brands and Western ones, such as Tesla, have increased their production capacities in China, and some of the products are then sent for sale to Europe.
For a long time, Europe has been more friendly to Chinese companies than the United States. This is one of the reasons why Chinese electric car brands have chosen this continent as their first stop for expansion into Western markets.
Half of the electric vehicles exported by China are actually manufactured by foreign companies or joint ventures. In the first six months of 2023, 39.2% of Chinese electric vehicle exports were Tesla, while joint ventures between European and Chinese companies accounted for 9.5%.
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*Cold weather: 14 °F and use of heating. Mild weather: 73 °F and no use of A/C. ‘Highway’ figures a constant speed of 70 mph is assumed. ‘City’ figures a constant speed of 30 mph is assumed.