Suche
Mein Konto
Chinese electric cars are conquering Europe – is there a risk of a new trade war?
"Seriously cheap electric car imports from China are conquering Europe, while German manufacturers hesitate. Are there a risk of a similar fate to the solar industry? Find out more about the current developments."
Chinese electric cars are conquering Europe – is there a risk of a new trade war?
Cheap electric car imports from China are becoming increasingly popular in Europe, similar to what happened with the solar industry's low-cost modules, which led to its decline. Calls for punitive tariffs are growing louder as German car manufacturers strive to avoid this.
The trend of Chinese electric cars on the European market has put German manufacturers in a difficult position. While the competition from the Far East scores points with attractive prices, local companies appear to be left behind helpless.
The low-cost electric cars from China could put serious competitive pressure on German manufacturers and possibly take away market share. The issue of compliance with production standards and quality controls for imports from China is also discussed.
Given this challenge, German manufacturers may need to rethink their strategies to remain competitive in the competitive electric vehicle market and not fall behind, as happened in the solar industry.