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Major multinational car companies continue to invest in the Chinese market China's new energy "overcapacity" is nothing

author:Shaanxi Net

CCTV News: At the same time as the Beijing International Auto Show is underway, the recent hype of the United States and Western countries about the so-called "overcapacity leads to unfair competition" of China's new energy has also attracted widespread attention. But is this really the case? Is China's new energy development "overcapacity" or a market need?

A few days ago, the "2024 Global Electric Vehicle Outlook" report released by the International Energy Agency pointed out that the global sales of new energy vehicles will reach 17 million in 2024, and the global demand for new energy vehicles will continue to grow strongly in the next 10 years.

Major multinational car companies continue to invest in the Chinese market China's new energy "overcapacity" is nothing

Under the "wave" of global new energy and intelligent automobiles, China, as the world's largest automobile market, is becoming the focus of strategic competition among major multinational car companies.

BMW Group Chairman Zipzer said that China's current automotive market is oriented towards new quality productivity, and they have invested an additional 20 billion yuan in the Shenyang production base, which will prepare for the production of a new generation of pure electric vehicles in the future.

Major multinational car companies continue to invest in the Chinese market China's new energy "overcapacity" is nothing

Not only BMW, but also Audi, Toyota, Volkswagen, etc., have increased their investment in China and worked together. On April 11 this year, the Volkswagen Group announced that it will invest 2.5 billion euros to further expand its production and innovation center in Hefei.

Blume, CEO of Volkswagen Group, said: "We are increasing our investment in the Chinese market, where we will launch 30 new models by 2030. ”

Major multinational car companies continue to invest in the Chinese market China's new energy "overcapacity" is nothing

A number of multinational car companies and foreigners said that the new energy vehicle industry is an emerging industry with a large global market demand. China's new energy vehicle exports are to meet the needs of the world, and the so-called "overcapacity" of China's new energy is nothing.

Major multinational car companies continue to invest in the Chinese market China's new energy "overcapacity" is nothing

Klaus Ziccola, a world-renowned car designer and vice president of Changan Automobile, said: "I don't see 'overcapacity', what I see is the huge demand for new energy vehicles in the global market. China will influence the global market much deeper than what we see today. ”

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