Localization and innovation boost Alternative fuel vehicle to go to sea

Tech 2023-06-09 09:15:30 Source: Network

In the field of new energy vehicles, China has not only become the world's largest producer and consumer country for 8 consecutive years, but also the world's largest exporter in recent years. The acceleration of new energy vehicles' going to sea 'is becoming a new business card of' Made in China '

In the field of new energy vehicles, China has not only become the world's largest producer and consumer country for 8 consecutive years, but also the world's largest exporter in recent years. The acceleration of new energy vehicles' going to sea 'is becoming a new business card of' Made in China '.

Clothing, furniture, and household appliances were once referred to as the "old three" of China's foreign trade exports. According to data from the General Administration of Customs, in the first quarter of 2023, the export performance of new advantageous products in the manufacturing industry was impressive, with a total export growth of 66.9% for electric passenger cars, lithium batteries, and solar cells, with a year-on-year increase of over 100 billion yuan, driving up the overall export growth rate by 2 percentage points. According to data from the China Association of Automobile Manufacturers, the export of new energy vehicles in the first four months of 2023 was 348000, a year-on-year increase of 1.7 times, exceeding half of the total export of 679000 vehicles in 2022; Among them, exports increased by 8.4 times year-on-year in April. At present, the sales of new energy vehicles in China cover six continents worldwide.

In 2022, China surpassed Germany to become the world's second largest automobile exporter; In the first quarter of 2023, China surpassed Japan in automobile exports and is expected to become the world's largest automobile exporter this year. New energy vehicles undoubtedly play a crucial role in it, providing a rare opportunity for China to change lanes and catch up. Relying on the support of the domestic large-scale market and a complete industrial system, thanks to the national strategic layout and collective improvement of enterprises, China's automobile enterprises are currently in the leading position in the new energy race, and intelligent research and application are also at the forefront of the world. As a representative of high-tech, high value-added, and leading green transformation products, the rapid growth of new energy vehicle exports reflects the solid footprint of China's manufacturing industry towards high-end, intelligent, and green development under the supply side structural reform.

However, car building is a marathon. The journey of new energy vehicles to the sea is not a smooth one, but full of storms. In the development of China's new energy vehicle industry, we have significant advantages in some areas, such as power batteries. However, we should also be aware that there are still obvious shortcomings in some areas, such as operating systems and automotive chips, which are the core of building an intelligent electric vehicle industry ecosystem. Only by further increasing innovation efforts, strengthening research and development investment, and filling the gaps in the industrial and supply chains as soon as possible, can we consolidate and expand our development advantages and make China's new energy vehicles more popular overseas.

The continuous expansion of China's overseas territory for new energy vehicles also relies on support from policies and logistics. In recent years, many important measures have been taken from the central to local governments to support automobile companies in actively exploring overseas markets, focusing on the pain points of new energy vehicles going overseas. Whether it is improving infrastructure, enhancing transportation capacity, or increasing fiscal, tax, and financial support, all have achieved good results. With the comprehensive implementation of RCEP, the deepening of the joint construction of the "the Belt and Road", and the signing and entry into force of more and more bilateral and multilateral free trade agreements, the level of trade facilitation has been significantly improved, which will strongly boost the "sailing" of China's new energy vehicles.

When China's automobile enterprises enter the overseas market, they will face many challenges such as cultural and legal differences, Foreign exchange risk, and changes in international relations. This forces relevant car companies not only to delve into new markets, but also to accelerate the construction of overseas marketing and after-sales service networks, and effectively safeguard data security and personal privacy. At the same time, vehicle companies, power battery companies, and accessory companies should also pay attention to integrating resources, forming a group to "go overseas", and jointly building a localized supply chain overseas. It should be said that playing the "localization" card well is related to the ultimate success or failure of China's new energy vehicles in the overseas market. In this regard, "going abroad" enterprises should not only fully consider various difficulties, but also embrace opportunities and challenges with confidence. Although the road is far, the journey is approaching; Although things are difficult, they are sure to succeed.

(Supplied by China Economic Network)

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