European cars, the United States and Japanese cars have been the three pillars of the global automotive industry. However, with the rapid rise of Chinese cars, European cars have now taken the lead in letting go.Starting cooperation with Chinese cars, the technology of cooperation is not limited to electric vehicles, but also fuel vehicles.
The public should act first. Volkswagen first cooperates with Jianghuai Automobile, and later directly invests in new car companies Xiaopeng. It is reported that VolkswagenAfter cooperating with Chinese car companies, the development cycle of electric vehicles has been reduced by more than 30 %, and the cost has been greatly reduced, which has enhanced the publics competitiveness in the electric vehicle market.
European and American joint venture car companies Stellandis chose to run zero.The company even rushed to the second place for a time, and it was basically stable in the top three. With the help of cooperation with zero running, Stellandis is accelerating the development of electric vehicles.
In terms of industrial chain, Europe lags behind China, Japan and South Korea in terms of advancement of power batteries.The giant Amboors invested in the local companys smart driving technology Maxieye; Germany Bosch and Ansonmei invested in Chinas laser radar startup Hesai Technology, showing that the European automobile industry has also strengthened the Chinese industrial chain enterprise in terms of automobile industry chain.Cooperation.
China is leading in electric vehicle technology. European car companies have cooperated with Chinese car companies to work. HoweverThe research and development of fuel engines and hybrid technology highlights the advantages of European car companies to recognize Chinese fuel and vehicle technology. European car companies have been suffering from burning oil. Chinese car companies have done the problem of burning oil and surpassing European cars in terms of durability.Enterprises, the engine thermal efficiency is about to tie Japan.
These all reflect that European auto companies have indeed been a bit disapproved in recent decades, which has caused even many technical aspects.Chinese auto companies, these technologies are not only reflected in electric vehicles, but also in terms of fuel vehicles and intelligent driving technologies, prompting European car companies to let go.
China relies on the huge domestic market and quickly promotes the development of electric vehicles. In 2023, nearly 60 % of the global electric vehicle sales are sold in the Chinese market. Chinese cars have risen rapidly.Recently, Chinas largest electric vehicle company has exceeded 500,000 monthly sales, and then reached a record high. For monthly sales, it has quickly tied the public.
Chinese cars have actually made great progress in terms of fuel vehicles. In 2023, China surpassed Japan to become the worlds largest car exporter, and eight of them are fuel vehicles, Japanese companiesIn the past 10 years, Kawasaki has also purchased fuel engines from Chery, and Chery is the largest car export company in China, proving that Chinas fuel vehicle has begun to move towards the international market and has the strength to compete with Europe, America and Japan.
Due to the fierce competition of Chinese car companies, foreign car companies have lost their dominant position in the Chinese automobile market. The market share has fallen from more than 50 % to 30 % today.In the past few years, the price has been reduced. In July this year, BMW and Mercedes -Benz, which had strongly announced the abandonment of the price war, began to reduce the price again in September this year. In October, the BMW i3 was reduced from more than 350,000 to more than 180,000. It can be seen that European car companies have been deepSensing pressure also brings benefits to Chinese consumers.
The century-old European and American car companies leading the global automotive market are facing a new challenge. They are not just suffering in the Chinese market in ChinaThe pressure brought by cars is still facing the challenge of Chinese cars in the global market. In the face of this challenge, European car companies have reduced prices on the one hand, and on the other hand, Europe has recently adopted tax increases on Chinese electric vehicles.
