Source: Photo.com
On May 14, according to foreign media reports, the US president is preparing to announce higher tariffs on imported Chinese electric vehicles, which are said to be increased by 4 times. The report mentions that the United States will announce plans to increase tariffs about fourfold, from the current 25% to 100%, with an additional 2.5% tariff.
So far, the current U.S. tariffs have effectively prevented Chinese companies from importing electric vehicles into the U.S.
Although China is the world's largest exporter of cars (electric vehicles account for about 30 percent of the country's car sales), almost none of its cars end up in the United States, the U.S. side said.
In response, Chinese Foreign Ministry spokesman Lin Jian said: "We will take all measures to safeguard China's interests and rights." ”
The scale of export trade of the new energy vehicle industry
From the perspective of export value, the mainland new energy vehicle industry has developed rapidly from 2018 to 2022, and the export scale of new energy vehicles has increased rapidly, from 338 million US dollars in 2018 to 22.907 billion US dollars in 2022, with a compound annual growth rate of 186.92%. The rapid growth of China's new energy vehicle exports shows that China's new energy vehicle industry as a whole is developing rapidly, and has a great position and advantage in the global market.
From the perspective of export volume, from 2018 to 2022, the number of new energy vehicles in mainland China continued to rise, from 14.71 in 2018 to 679,000 in 2022. From 2018 to 2022, the compound annual growth rate of the number of new energy vehicles exported by the mainland is 46.58%.
The export price level of the new energy vehicle industry
According to the above statistics on the export value and quantity of new energy vehicles, the average export price of new energy vehicles in China in recent years can be preliminarily calculated. It can be seen that from 2018 to 2022, the average export price of new energy vehicles in mainland China has stabilized in the range of 30,000-40,000 US dollars after a sharp decline, indicating that the overseas market of new energy vehicles in mainland China is still dominated by low-end models.
Tesla CEO Elon Musk said: "Chinese car companies are the most competitive in the world and will achieve great success abroad. Frankly, if trade barriers weren't erected, they would have taken out almost all the other car companies in the world. ”
Maya Mazhuren, director of Sri Lanka's Belt and Road Initiative (BRISL), wrote in China Daily on May 9 that China's electric vehicle industry is booming and plays an important role in the global green transition.
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