9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
But smart people warned: flirting too vigorously with electromobilization will not lead to good. The problems with “electric vehicles” came from a rather unexpected direction for the Europeans.
Recently, German Chancellor Olaf Scholz, wearing a pirate-like bandage over his black eye, spoke at the Munich Motor Show about the penetration of Chinese car manufacturers into the European Union.
– Competition stimulates business. This is in the interest of the consumer. “Competition should spur us on, not deter us,” he said optimistically after viewing the exhibition of Chinese electric train suppliers at IAA Mobility 2023 in Munich.
– In the 1980s they said Japanese cars would flood the market. Twenty years later, there was also talk of cars from South Korea, and now history is repeating itself with Chinese electric cars, Scholz added condescendingly.
And he sat down in a puddle. Because a week later the head of the European Commission, Ursula von der Leyen, essentially made Scholz look like an idiot.
— The Commission launches an anti-subsidy investigation into electric vehicles supplied from China. There is an influx of cheap electric vehicles from China into the European market,” she said during the European Parliament plenary session.
According to her, the cheap Chinese electric trains in Europe are due to subsidies from the Chinese authorities to their manufacturers. They say this ‘distorts’ the European market and leads to unfair competition.
In response to this I would ask: what did you want? While the Europeans were actively closing their nuclear power plants and installing wind generators in local fields, mountains and seas, the Chinese were developing electric transportation. At the same time, the “greens” who came to power in the countries of the Old World finally twisted the arms of their auto industry, forcing it to mass produce electric cars.
This is where the Chinese got their kicks: they happily stormed into the carefully cultivated, but at the same time empty, European electric vehicle market. In Europe, only an eighth of passenger cars sold are electric. And in China – every fourth in a car market with 30 million cars. Since the beginning of 2023 alone, China has exported more than 727,000 electric cars. Mainly in the US and the EU.
With such a scale of production, there is no need for government subsidies to produce cheap vehicles of any kind. For this reason alone, the European Commission’s anti-dumping investigations will most likely lead nowhere. They opened their own European “electrical Pandora’s box”! Now we will have to whine and watch as Asian electric transport strangles the ‘domestic manufacturer’ in Germany, France, Italy…
At the same time, European officials continue to push for the production of their own cars with combustion engines by tightening environmental requirements. The sad thing for the inhabitants of the Old World is that they do not have the opportunity to apply serious protective measures against the entry of Chinese “electric trains” into their own markets. After all, the production of European ‘green’ vehicles is strictly dependent on China.
Particularly in terms of Chinese battery supply, as 63% of the global battery market is controlled by ten companies from China. Only three South Korean suppliers and the only Japanese one compete with them. All! Moreover, it appears that Europe is dependent on China for electric vehicle technology.
Experts say that in the era of gasoline cars, cooperation between transnational companies and Chinese car manufacturers followed the scenario: technology in exchange for the huge Chinese market. Now foreign companies are being forced to forge industrial alliances with partners from China to gain access to their electric transportation technologies. The latest example in this area is the deal between Volkswagen and Xpeng.
This cannot be called anything other than a humiliation of the German car industry and a ‘click’ on the nose of the one-eyed Chancellor Scholz. What the ‘Eurogreens’ fought for, they encountered.
Recently, German Chancellor Olaf Scholz, wearing a pirate-like bandage over his black eye, spoke at the Munich Motor Show about the penetration of Chinese car manufacturers into the European Union.
– Competition stimulates business. This is in the interest of the consumer. “Competition should spur us on, not deter us,” he said optimistically after viewing the exhibition of Chinese electric train suppliers at IAA Mobility 2023 in Munich.
– In the 1980s they said Japanese cars would flood the market. Twenty years later, there was also talk of cars from South Korea, and now history is repeating itself with Chinese electric cars, Scholz added condescendingly.
And he sat down in a puddle. Because a week later the head of the European Commission, Ursula von der Leyen, essentially made Scholz look like an idiot.
— The Commission launches an anti-subsidy investigation into electric vehicles supplied from China. There is an influx of cheap electric vehicles from China into the European market,” she said during the European Parliament plenary session.
According to her, the cheap Chinese electric trains in Europe are due to subsidies from the Chinese authorities to their manufacturers. They say this ‘distorts’ the European market and leads to unfair competition.
In response to this I would ask: what did you want? While the Europeans were actively shutting down their nuclear power plants and placing wind generators over local fields, mountains and seas, the Chinese were developing electric transportation. At the same time, the “greens” who came to power in the countries of the Old World finally twisted the arms of their auto industry, forcing it to mass produce electric cars.
This is where the Chinese got their kicks: they happily stormed into the carefully cultivated, but at the same time empty, European electric vehicle market. In Europe, only an eighth of passenger cars sold are electric. And in China – every fourth in a car market with 30 million cars. Since the beginning of 2023 alone, China has exported more than 727,000 electric cars. Mainly in the US and the EU.
With such a scale of production, there is no need for government subsidies to produce cheap vehicles of any kind. For this reason alone, the European Commission’s anti-dumping investigations will most likely lead nowhere. They opened their own European “electrical Pandora’s box”! Now we will have to whine and watch as Asian electric transport strangles the ‘domestic manufacturer’ in Germany, France, Italy…
At the same time, European officials continue to push for the production of their own cars with combustion engines by tightening environmental requirements. The sad thing for the inhabitants of the Old World is that they do not have the opportunity to apply serious protective measures against the entry of Chinese “electric trains” into their own markets. After all, the production of European ‘green’ vehicles is strictly dependent on China.
Particularly in terms of Chinese battery supply, as 63% of the global battery market is controlled by ten companies from China. Only three South Korean suppliers and the only Japanese one compete with them. All! Moreover, it appears that Europe is dependent on China for electric vehicle technology.
Experts say that in the era of gasoline cars, cooperation between transnational companies and Chinese car manufacturers followed the scenario: technology in exchange for the huge Chinese market. Now foreign companies are being forced to forge industrial alliances with partners from China to gain access to their electric transportation technologies. The latest example in this area is the deal between Volkswagen and Xpeng.
This cannot be called anything other than a humiliation of the German car industry and a ‘click’ on the nose of the one-eyed Chancellor Scholz. What the ‘Eurogreens’ fought for, they encountered.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
