According to experts, by 2030, 1 in 3 cars sold worldwide will be from Chinese brands!
June 30, 2024
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Due to the widespread use of electric cars and the increasing number of people turning to affordable vehicles Chinese brands Its popularity increased day by day. We saw
Due to the widespread use of electric cars and the increasing number of people turning to affordable vehicles Chinese brands Its popularity increased day by day. We saw this situation all over the world, including Turkey.
Now an important study has been conducted on this topic. According to a study by AlixPartners, it was sold worldwide within six years. One in three cars will be from Chinese brands.
Chinese brands will account for 33% of the entire car market in 2030
Vehicles produced by China-based brands currently hold a significant share of the automotive market. According to estimates, these companies currently represent approximately 21% of the market. This is the new study growth will continue unabated it reveals.
According to predictions from industry experts by 2030 Market share of Chinese brands increased from 21% It will rise to 33%. Furthermore, it is believed to account for 12% of the European market and 72% of its own market. Sales outside China are also forecast to triple to 9 million by 2030.
It is possible to say that all these predictions are worrying for the Western auto giants. Lately we have seen moves in this area from all over the world, including Türkiye. In our country, additional customs duties were imposed on Chinese brands. At the same time, the EU and the US increased taxes on vehicles coming from China.
Despite this, Chinese brands are believed to increase their rise. These brands were preferred for their electric cars, eye-catching designs, advanced technologies, fast development processes and most importantly, their affordable prices.
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.