“China is becoming an e-car exporter,” industry experts say in a study published Friday: “As Chinese manufacturers increasingly sell electric cars (BEVs) in Europe, both European and American manufacturers are increasingly repositioning their BEV production. .to China. » BEV is the English abbreviation for electric powered cars.
Last year, European automakers exported only 35,000 BEVs from China to Europe; this year the figure is likely to be 66,000. In three years, around 800,000 Chinese-made cars could be sold in Europe, of which about 330,000 are from Chinese factories of European automobile companies.
New Concepts
The PwC research continues: “This development means that Europe could achieve an import surplus of more than 221,000 vehicles (combustion engine and electric cars) by 2025. In 2015, Europe still exported 1.7 million vehicles.
European manufacturers grappled with delivery problems and relied primarily on expensive BEV models. Chinese manufacturers, on the other hand, bring cheap electric models to Europe with new technology and new concepts.
(SDA/koh)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
