Guangzhou, China, Nov. 21. Spectators look at domestic new energy vehicles at the Guangzhou International Auto Show.
The 2023 Guangzhou International Auto Show, known as the "vane of the development of China's automobile market", was held from November 17 to 26, and new energy vehicles occupied the "C position", the exhibition scale and product strength went to a higher level, and "going to sea" became the focus of many new energy vehicle brands. China's new energy automobile industry chain has become stronger and bigger, and it has run out of the "acceleration" to help the global automobile industry upgrade.
New energy vehicles show a good trend of production and sales. In terms of production, among the more than 1,100 exhibition cars at the Guangzhou International Auto Show, 469 new energy vehicles accounted for more than 40% of the total number of exhibiting vehicles, setting a record.
While the number is dominant, China's new energy vehicles are constantly updated and iterated in technology, and different brands of cars compete with new products and show their unique abilities. Looking at sales, new energy vehicles form double growth in the domestic market and overseas market. From January to October this year, China's new energy vehicle sales reached 7.28 million, an increase of 37.8 percent year-on-year. Among them, nearly 1 million new energy vehicles were exported, an increase of nearly 100%.
Rapid export growth has injected new momentum into foreign trade. In the third quarter of this year, 65% of new energy vehicle sales in the global market came from China.
The "password" of strong production and marketing lies in the internal driving force brought by forward-looking industrial policy layout, complete industrial chain support and technological innovation. For example, it is in the field of motor, electronic control, battery "three" to master the core key technologies, so that China's new energy vehicles can occupy an advantage in international competition. "With its strong innovation dynamism, China is becoming an important leader in the global automotive industry," said Obermeur, chairman of the Board of Management of Volkswagen Group.
Luca de Meo, CEO of Renault Group, said: "Chinese car companies are very competitive in the electric vehicle value chain. I think they're a generation ahead of us." According to the Financial Times, China is increasingly dominant in the field of new energy vehicles, and China has scale and cost advantages in the supply chain for electric vehicles, power batteries, wind and solar power.
According to the New York Times, some German automaker executives use the keyword "China speed" to describe how fast they need to move to catch up with China's electric vehicle development rate. "China Speed" reflects the speed at which China's auto industry is transforming into an electric vehicle giant.
New energy vehicles "gallop all the way" to the world, contributing to the global green energy transformation, has become a shining new business card made in China, and countless overseas "circle fans". The Spanish "Public" daily website reported that many Chinese new energy vehicle brands stand out in the international market, and some Chinese new energy vehicle brands have come to the European market, leaving a good impression on the local market. The article from the Us-Based "Electric Vehicle Insider" pointed out that in Europe, Chinese electric vehicles are one of the most popular electric vehicles, which is an "unsurprising fact." Algeria's Oriental News commented that Chinese-made electric vehicles are occupying more and more market share in Africa, and the cake is getting bigger and bigger, providing the necessary technology and product support for Africa's electric transformation.
Because they are optimistic about the huge opportunities brought by China's new energy vehicles to the world, many industry insiders have expressed strong opposition to the anti-subsidy investigation launched by the EU on Chinese electric vehicles. In the context of the growing global climate challenge, the Chinese and European electric vehicle industries share common expectations and goals.
The EU should objectively and impartially view the contribution and strength of Chinese enterprises in promoting the EU and global climate vision, and jointly expand the green economy market, including the field of electric vehicles, by encouraging China-Eu cooperation in the fields of industrial chain supply chain and research and development. Ferdinand Dudenhofer, a well-known German automotive expert and director of the Duisburg Automotive Research Center, said that China is an indispensable force in the process of new energy transformation in the automotive industry.
Chinese companies are at the forefront of global technology in many fields, from car batteries to car software and chips. European car companies need to learn from their Chinese counterparts, and China and the EU can work together to achieve win-win results.
At the Guangzhou International Auto Show, whether it is the interaction with China's new energy vehicle companies, or the exploration of cooperation opportunities with China's local suppliers, it shows that foreign car companies are optimistic about the Chinese market and Chinese technology confidence. It is expected that the Chinese and foreign auto industries will "go both ways" and share new energy opportunities.
