German media: In Europe, China will win 100,000+

Author:Global Times Time:2022.07.30

German media: Chinese cars are expected to sell 100,000+ in Europe.

The German "Auto Industry" website July 28, original topic: The sales of Chinese manufacturers in Europe in 2022 are expected to reach six digits of Chinese automobile manufacturers in Europe. French consulting agency Inovev predicts that Chinese brands will sell more than 100,000 cars in Europe this year.

According to INOVEV statistics, in the first half of this year, the number of Chinese brand new cars in Europe was 75,000, and it was expected to be 150,000 throughout the year. In 2021, among the 29 European countries, Chinese brand cars have sold 80,000 vehicles.

On July 7, 2021, a ocean -rolled wheel was loaded with a car exported to the UK in the wharf of the oriental company in Lianyungang Port, Jiangsu.

According to INOVEV, the most eye -catching brand is MG Motor, the most popular model is the electric SUV MG ZS EV. In addition, Chinese brands Aichi, BAIC, BYD, Dongfeng, Hongqi, JAC, Lingke, SAIC Chase, Weilai, Jixing and Xiaopeng Automobile have now set up representative offices in Europe. Experts believe that the sales of Chinese brands in the future may increase further. This is also because manufacturers in Europe, Japan and South Korea have increasingly withdrew from the low -cost automobile market, leaving a blank space for Chinese suppliers.

A German TV website on July 28th, the original title: The fate of automakers depends on the most important market of German automakers in China and China. However, sales in the first half of this year have declined. According to the German Automobile Research Center (CAR), the sales of Volkswagen, BMW and Mercedes have decreased by 1/5 in China.

China's competitors have caught up strongly. According to the data of the management consulting company ARIX, the market share of German automakers has been reduced from 25%to 17%in the past 5 years. The expansion of Chinese electric vehicles has a huge impact on German manufacturers. When BYD and other local car manufacturers are expanding the electric vehicle market, Volkswagen is struggling. "German car manufacturers' pure electric vehicles performed badly in China." CAR Automotive expert Fernando Dudenhofv said, "They have made strategic errors."

In the first four months of this year, none of the top 10 of Chinese electric vehicles sold in the sales of electric vehicles. Volkswagen is only ranked 15th. If German car manufacturers do not want to lose their most important markets, they must invest in electric vehicles vigorously.

(Author Nock Blackner, Aoki Translation)

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