Europe will become a car importer in three years’ time – China likes it BP makes 8 billion profit in three months – and buys back shares

According to management consultancy PwC, Europe will import more cars than exports from 2025.

“China is becoming an e-car exporter,” the industry experts write in a study published Friday: “As Chinese manufacturers increasingly sell electric cars (BEVs) in Europe, both European and US manufacturers are increasingly shifting their BEV production. more often to China. » BEV is the English abbreviation for electrically powered cars.

Last year European car manufacturers exported just 35,000 BEVs from China to Europe, this year there will probably be 66,000. In three years, nearly 800,000 Chinese-made cars could be sold in Europe, of which about 330,000 come from the Chinese factories of European car companies.

“This development means that Europe can already achieve an import surplus of more than 221,000 vehicles (combustion engine and electric cars) by 2025,” the PwC study continues. In 2015, Europe still had an export surplus of 1.7 million vehicles.

European manufacturers faced delivery problems and relied mainly on expensive BEV models. The Chinese manufacturers, on the other hand, are now bringing cheap electric models with new technology and new concepts to Europe. (sda/dpa)