Sébastien Le Belzic, edited by Manon Fossat
The success of the electric car is well established in China. While the country is already the largest automotive market on the planet, sales have in fact almost tripled in the country in a year, despite the coronavirus epidemic. The Middle Empire does not intend to stop there and also intends to export its vehicles to reach Europe.
In China, the clean car is already a reality. And the world’s largest automotive market is also the most hungry for hydrogen and hybrid electric vehicles. In one year, sales have almost tripled in the country according to the latest figures published. It is indeed far from the image of the Chinese on a bicycle. From now on, it is in a clean and silent car, almost futuristic, that the majority of the inhabitants get around.
The country, which is already the biggest automobile market on the planet, has turned electric power to the turbo with subsidies, hundreds of new brands and particularly well-designed electric vehicles. The Middle Kingdom has tripled its sales of electric vehicles in one year. It already represents a quarter of the market and should represent more than half of the Chinese car fleet by 2035.
The opening of concessions throughout Europe
What to give wings to Chinese manufacturers, as explained by an American researcher, specialist in energy. “Almost half of the electric vehicles in the world are currently in China. It gives them the foundations to become very powerful players in the global automotive market, which they are not yet.”
Because China also wants to export its electric cars, especially in Europe, where Chinese brands are still not very present, but very important ambitions. This year, Nio, Geely and Aiways, brands that you probably don’t know yet, are planning to open dealerships throughout Europe. A project supported by the Chinese government.