2024-09-10 13:29:08
Automotive
China
Europe

China's Rise in the Electric Car Market and Germany's Lagging Competitiveness

China is gaining ground in the electric car market, while Europe, particularly Germany, is falling behind. Chinese EV exporters face trust and brand gaps in global markets, but their affordable, tech-laden EVs are valued for their 'value for money' proposition.

Chinese auto suppliers and EV makers are showcasing their vehicles in major trade fairs in Germany, aiming to build trust and expand their market share in Europe. Germany, despite making up a third of the EU's new electric car registrations, lags behind countries like Norway and Iceland due to factors like inadequate charging infrastructure and higher costs.

The German government plans to ease regulations to boost electric car sales, but the auto industry demands faster expansion of charging networks and lower electricity prices. While Germany leads in new electric car registrations within the EU, there is a clear North-South divide, with Scandinavian countries leading and Croatia and Slovakia having the fewest registrations.

The future of the combustion engine ban in the EU is uncertain, as economic concerns and the challenges of transitioning to electric vehicles prompt calls for earlier reviews.

gmx
9. September 2024 um 13:00

Dudenhöffer: The automotive industry finds a new home in China

Politics
Economy
Auto expert Dudenhöffer criticizes Europe and Germany for lagging behind in electromobility. China is gaining ground in the electric car market. Europe is losing competitiveness. The share of electric cars in China is rising. Germany is blocking the development of electric cars.
Global Economy - South China Morning Post
10. September 2024 um 11:00

China’s EV makers must overcome trust gaps to win over global buyers, survey says

Politics
Economy
Finance
Chinese EV exporters face trust and brand gaps in Asia-Pacific and Europe, per Ernst & Young's 2024 mobility report. Over 30% cite unfamiliarity, but 59% of interested Europeans and Latin Americans value their "value for money" proposition. Chinese brands offer affordable, tech-laden EVs, says Ernst & Young's mobility leader Martin Cardell, as the pillar industry faces tariff hikes from the West.
Yahoo News
10. September 2024 um 05:04

China auto suppliers, EV makers flood major trade fair in Germany

Politics
Economy
Nearly 900 Chinese auto suppliers and some EV makers join Automechanika Frankfurt trade fair in Germany, showcasing vehicles like BYD, Geely, Hongqi, and GAC International. Geely emphasizes commitment to the European market despite potential tariffs on China-made EVs. The 'EV Expo' aims to build trust in Chinese carmakers' EVs amidst rising market share in Europe. Chinese suppliers outnumber German ones, reflecting their increasing global supply chain role and investment in innovative technolo..
AFP
10. September 2024 um 07:46

New Registrations: One in Three Electric Cars Registered in Germany in 2023

Economy
Politics
Environment
Germany accounted for one-third of the EU's new electric car registrations in 2023. Despite subsidies, its share was lower than frontrunners like Norway and Iceland, where a dense charging network, tax incentives, and reduced toll or parking fees are driving sales. To boost sales in Germany, the federal government is planning to ease the rules for company cars. At the beginning of the year, 1.4 million electric cars were registered in Germany, with the goal of reaching 15 million by 2030. The..
CW

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