Text: Jump and jump about technology.
Chinese-made electric buses are "accelerating" to the sea, and the first stop of success is in South Korea.
According to public data, in the first 10 months of this year, 47 of the electric buses sold in South Korea were made in China, accounting for almost half of the share of electric buses in South Korea. This trend is already evident, and Chinese electric buses are gradually conquering the South Korean market.
In fact, the Korean market has been very optimistic about its own electric bus market, and they believe that Korean electric buses still occupy a certain market share in overseas markets. But is that really the case?
In terms of the worship of local brands in the Korean market, their home market is strongly occupied by Chinese electric buses, which shows that their optimism has a certain amount of moisture.
In the context of seeing China's electric buses continue to dominate the South Korean market, South Korea is also panickingThey have also started to provide more subsidies for domestically produced electric buses in South Korea. However, this move did not bring a significant change in the sales of local brand buses, but instead caused the share of Chinese-made buses to soar. So, they felt it was time to start working on electric buses in China.
According to South Korea's implicit meaning, the United States and the European Union are worried that China's low-cost electric vehicles will seize the market, and have already taken action, such as taking additional conditions to improve the manufacturing strength of local brands, such as taking relevant bills, such as the "Inflation Reduction Act" and the "Countervailing Investigations Act" and so on. Obviously, they expect the South Korean market to follow Xi example of the United States and Europe, and continue to squeeze Chinese-made electric buses out of the Korean market.
If they end up on this path, it may lead to a depression in South Korea's electric vehicle market.
Since 2019, Chinese-made electric buses have been seizing the Korean electric bus marketFrom 239 rose to 41 in 20228％。This is because South Korean electric buses have suffered a lot of doubts in the country, and they are not as good as the quality and technology of Chinese-made electric buses, and they are not economical enough.
In this context, if they also want to exclone China's electric buses, local bus buyers will only sufferIt's fine in the short term, but in the long term, it's likely that you'll want to retreat. At the same time, their local brands will only have no upward momentum without external pressure, and in the end, they will still fall into a situation of asking for hardships.
However, judging from the current actions in South Korea in this regard, they are probably reluctant to follow Xi practices of the United States and Europe. It can be seen that for a long time in the past, they have been increasing the scope of subsidies, wanting to compete with China's electric buses in this way, as well as improve their own technology. Of course, although there has been no significant change in sales, there are fewer complaints from the local population about their domestically produced electric buses.
It can be seen that this is the right way to go. It is hoped that South Korea can insist on its own improvement at the moment, instead of learning Xi from the United States and Europe, which has caused complaints from many manufacturers. After all, Chinese-made electric buses have taken root in South Korea, and they are the ones who want to pull out the first pain, and such pains are not going to make up for their losses in the United States and other countries.
Finally, I would like to say that Chinese-made electric vehicles should not be proud of their current achievements, and now almost all parties are eyeing this industry, and they face no small challenges at sea. What do you think about this?Feel free to leave a comment, like and share this!