Chinese motorcycles once beat Japanese motorcycles in the Vietnamese market and gained an absolute market position, but because of the involution of the domestic industry, the quality and service declined and Vietnam was lost.
There are many similar articles on the Internet, although there is a suspicion of exaggeration, but it is an indisputable fact that Chinese motorcycles defeated Vietnam.
However, after these years of painstaking development, Chinese motorcycles have begun to exert their strength in the world again by relying on China's strong manufacturing capacity.
Indians have been the world's No. 1 motorcycle market in the past with their "peerless car skills".
However, in 2021, according to statista data, China has become the world's largest motorcycle market, with the scale of China's motorcycle industry exceeding 20 billion US dollars in 2021, accounting for nearly 20% of the global motorcycle industry market size, followed by India and Thailand.
In the world, the top of the list are Japanese and Indian motorcycle brands, with Honda alone having a 40% share in 2021.
However, in 2023, the situation has quietly changed!
In 2023, Chinese motorcycles are quite successful in the French market. In 2024, Chinese motorcycle companies with world-class industrial scale will continue to make breakthroughs in the French market. The French "Auto-Motorcycle" ** recently commented on the performance of Chinese motorcycles in the European market.
Germany's "Motorcycle**" reported in 2021 that there are about 200 different motorcycle manufacturers in China, bringing together about 240 brands, and producing more than 20 million motorcycles a year, but for European consumers, it is "a giant that almost no one knows".
Previously, Chinese motorcycles borrowed more from the shells of old European motorcycle dealers and lurked quietly. For example, Italian brands Molini Motorcycle, Benelli and SWM all have a lot of roots with Chinese companies. BenelliFounded in 1911 and located in Italy, Pesaro was successfully acquired by China's Qianjiang Motorcycle in 2005. This kind of merger and acquisition has made European brands enter China, but it has also made Chinese cars enter the European market with vests.
Now, Chinese motorcycles that have opened up the situation are beginning to surface. China's Chunfeng, Shengshi, and Voge (owned by Loncin) motorcycles have gone from almost no one to being known in Europe, and are becoming more and more accepted.
In 2023, China's motorcycle export data also reflects this!
From January to December 2023, China's motorcycle exports will be 1141480,000 units, an increase of 12 percent over the same period last year8%, and the export value was 4953.6 billion yuan, an increase of 12 over the same period last year2%。
Although our brothers in Asia, Africa and Latin America take the most care of our business, the European market has grown the fastest last year!
Since entering 2024, the electric triad from China has suddenly become popular in the United States.
China's electric triad exploded in the United States.
According to the blogger who sent **, the ** of this electric domestic tricycle is about 600 US dollars (about 4,300 yuan), but the freight cost of transportation is higher than that of the vehicle itself, and the freight is about 5,000 yuan.
After the release of this **, the person in charge of the manufacturer of this car said that the company's foreign trade orders continued to soar, and the recent order volume has increased by more than three percent, and the number of shipments has increased three times compared with last year.
In 2022 and 2023, China's electric vehicle-related enterprises will increase by 12 respectively90,000, 1680,000, and it is still growing.
Driven by China's strong electric vehicle industry, China's electric two-wheelers and three-wheelers have a great comparative advantage over other countries because of their production and maintenance costs are much lower than traditional fuel vehicles.
I believe that after the lessons of the Vietnamese market, Chinese motorcycle companies will run to the front again on a different track.
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