Only 18.4 billion is restricted from China s new energy vehiclesTurkey is more than the EU?

Mondo Cars Updated on 2024-01-30

China's new energy vehicle industry has developed rapidly in recent years, with not only large-scale traditional car manufacturers such as BYD, but also a large number of new Internet car manufacturers. However, fearful of the rapid rise of Chinese companies, the European Union and the United States have been using various means to restrict the development of Chinese electric vehicles in overseas markets. In contrast, the EU's restrictions are already quite harsh, but Turkey's recent new rules are even more excessive. According to the rules, every EV brand that wants to enter the Turkish market needs to set up a call center and have 140 authorized service stations, and these requirements must be completed by December this year. If these conditions are not met, the final product will not be able to enter the market, even if an import license is obtained. Such a regulation is clearly targeted at Chinese automakers. What should not be overlooked is that the new regulations clearly state that European automakers are not within the scope of restrictions. In the first 10 months of this year, Chinese manufacturers only gained 1$8.4 billion in sales. It seems to provide sales targets, but the requirement to build a large number of service stations and call centers is undoubtedly a loss-making business, apparently to force Chinese automakers to voluntarily withdraw from the Turkish market, the reason is naturally to protect the local new energy vehicle industry. Turkey's homegrown NEV brand TUGG has not only received a $1.2 billion subsidy program, but also enjoyed a number of incentives to reduce rents and taxes. Although the entry of China's new energy vehicles is only to protect the local industry, perhaps Turkey is too worried. China is already a world leader in the field of new energy vehicles, CATL has become the world's largest manufacturer of new energy batteries, and BYD has many patents in core technologies. If Turkey wants to make high-quality new energy vehicles, it cannot bypass China's technology. Previously, a 40% tax was levied on pure electric vehicles in China, compared to only 10% for other countries, which also blocked the opportunity for local people to choose Chinese cars. Trying to give Turkish companies some time to validate themselves through restrictions and repression. The United States has already had a similar experience, and good things don't need to be promoted. Huawei's 5G technology is an example of this, and European countries have now acknowledged that Huawei is ahead of them. Turkey does not welcome Chinese "cost-effective" products, then Chinese companies will naturally give up. After the Huawei incident, Chinese companies began to focus on technology research and development, and set their sights on the global market. Although it is difficult to deploy overseas, if the market does not welcome you, even the best efforts will not help. Market cooperation is mutual, and it cannot be entered lightly, otherwise it will only end up losing human and financial resources. Turkey's tricks can't stop the development of China's new energy vehicle industry. The revenue generated by China's domestic market share is sufficient to meet R&D needs. The purpose of entering overseas markets is to enhance brand influence, and many companies are not only looking for profits, but also choose to cooperate with a variety of countries. Chinese companies should learn from Huawei's vision. What do you think about this?

Although the restrictions on China's new energy vehicles by the European Union and Turkey are regrettable, China's new energy vehicle industry still has strong development opportunities. First of all, China has a technological advantage in the field of new energy battery manufacturing, and CATL, as the world's largest new energy battery manufacturer, provides strong power support for China's new energy vehicles. Second, BYD, China's new energy vehicle manufacturer, has many patents in core technologies, which has won China's new energy vehicles a competitive advantage in technology. In addition, the scale of China's new energy vehicle market is huge and consumer demand is strong, providing a good development platform for enterprises. China** has also given strong support to the new energy vehicle industry, encouraging enterprises to increase R&D investment and marketing through policies such as subsidies and tax reductions and exemptions. Overall, despite some restrictions, China's new energy vehicle industry still has the foundation and great potential for steady development.

China's new energy vehicles are facing some challenges and problems when they go abroad and enter overseas markets. First of all, it is necessary to overcome the concerns of the international market about the quality and trust of Chinese brands. Although China's new energy vehicles have made major breakthroughs in technology, they still need to increase brand promotion and quality management to win the recognition of the international market. Secondly, it is necessary to adapt to the laws and regulations and market demand of different countries and regions, do a good job of market research, understand consumer preferences and car buying habits, and carry out product customization and marketing according to needs. In addition, it is necessary to establish cooperative relations with local enterprises to carry out technical cooperation and resource sharing to enhance the competitiveness of local enterprises. In the face of these challenges, China's new energy vehicles are also facing huge development prospects. With the global emphasis on environmental protection and sustainable development, the market demand for new energy vehicles is growing, and Chinese enterprises can quickly occupy the international market with the help of the experience and technology accumulation in the domestic market. At the same time, the relevant policies and support of China** also provide strong support for enterprises to expand overseas markets. China's new energy vehicles going abroad will not only help enhance brand influence, but also help enterprises achieve diversified development and global layout.

China's new energy vehicles face restrictions from the European Union and Turkey, but still have strong development potential. In the face of the challenges of the international market, Chinese enterprises should strengthen technology research and development and brand building, actively expand overseas markets, and win the recognition of the international market. At the same time, China should also increase policy support to provide a better development environment and opportunities for enterprises. It is believed that China's new energy vehicle industry has the ability to gradually move onto the world stage and make greater contributions to the global promotion of sustainable development.

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