Chinese cars accelerating towards the "southern market" (international discourse) for wheel installation | export | international

Release time:Apr 14, 2024 15:05 PM

On July 31st, at the dock of Dongfang Port Branch in Lianyungang, Jiangsu, a roll on/roll off vessel was parked at the berth for loading and unloading export vehicles. Photo by Wang Chun

The latest data from the China Association of Automobile Manufacturers shows that in the first half of 2023, China's automobile exports reached 2.14 million units, a year-on-year increase of 75.7%, with a cumulative export amount of 999.7 billion US dollars, a year-on-year increase of 41.7%. The Joint Conference on China's Passenger Car Market Information predicts that China's automobile exports will reach 4 million units this year. After exporting over 2 million vehicles in 2021 and over 3 million vehicles in 2022, China's automobile exports have maintained a strong momentum. Opening factories in Southeast Asia, gaining popularity in Africa, gaining fans in the Middle East, and selling well in Latin America... Chinese cars are accelerating towards the "southern market".

Winning market favor

The Financial Times reported that in 2022, China's automobile exports surpassed Germany, and this year China will surpass Japan to become the world's largest automobile exporter. Foreign media have noticed that the scale of China's automobile exports is rapidly expanding, especially becoming increasingly popular in developing countries.

According to Reuters, globally renowned market research firm Counterpoint recently stated that Chinese automakers dominate the rapidly growing Southeast Asian electric vehicle market, contributing three-quarters of Southeast Asian electric vehicle sales in the first quarter. According to analysts from the institution, "Chinese car sales are rapidly growing in Southeast Asia, with market share increasing from 38% a year ago to nearly 75%." Thailand's Kaitai Research Center predicts that pure electric vehicle sales in Thailand are expected to reach 50000 units in 2023, with Chinese brand pure electric vehicle market share expected to increase from 78% in 2022 to 85%.

According to the website of the United Arab Emirates newspaper, the popularity of Chinese cars in the UAE has skyrocketed in recent months. According to the Yarra Automotive Trading website, from January to March this year, China's MG ranked fourth in sales in the UAE, only behind Toyota, Nissan, and Hyundai, with sales increasing by nearly 86% year-on-year.

According to an article published on the Belgian "Global Fleet" website, the South African automotive market has undergone significant changes in the past decade, with a new trend being the rapid rise of Chinese automotive brands. Chinese automotive brands focus on economy, safety, innovation, and localized production, successfully breaking through numerous obstacles and establishing a foothold in the fiercely competitive market.

According to an article published on the Spanish China Policy Watch website, one of the Chinese products with strong demand in Latin America is cars manufactured in the country. Chinese automobile companies have invested in setting up factories in some Latin American countries, and Chinese made cars have begun to drive on the roads of many countries in the region. In Latin America, Chinese cars mainly export to countries such as Brazil, Venezuela, Colombia, Argentina, and Peru. These cars have a competitive advantage in price compared to cars manufactured in the United States, Europe, and Japan.

Chinese cars accelerating towards the "southern market" (international discourse) for wheel installation | export | international

Having outstanding advantages

Why can Chinese cars quickly expand into the "southern market"? According to foreign media analysis, China's high cost-effectiveness, comprehensive and thoughtful supporting services, localized production system, leading new energy and artificial intelligence technologies have become its outstanding advantages in competition with other global car companies.

"As the world's largest automotive market, China is accelerating towards the future of electrification." Reuters reported that Chinese automotive brands are now leading in key technology areas, and new electric vehicles are driving the rise of these brands.

"Chinese car companies are known for their highly competitive prices and rich features, successfully attracting consumers who focus on budget or pursue advanced technology and high-end products." According to an article on the Belgian website "Global Fleet", a major factor in the success of Chinese car brands in South Africa is their ability to provide products that are worth their money. Chinese cars not only have highly competitive prices, but also modern design aesthetics, strong performance, and comprehensive warranty services, which have attracted the attention of buyers.

Dubai Convenience, a classified sales website in the United Arab Emirates, reported that high cost-effectiveness is the main reason for the significant increase in sales of Chinese cars in the UAE. Chinese manufacturers carefully offer more affordable products, which makes their cars attractive to price conscious customers. Experts say that at the same price, compared to cars from other countries, Chinese cars can provide more functions, making them more popular. Adam Whittner, CEO of the car review website "Driving Ninja," said, "The Chinese car you purchase is likely to have 30% to 40% more features than cars from other countries at the same price."

According to the website of the Detroit Free News, Stephen Dell, Asia head of automotive and industry practices at global consulting firm Alex Partners, believes that compared to other car brands, Chinese car brands can provide more advanced assisted driving systems and voice recognition technologies in the same price range. Chinese car companies can also launch new models more quickly, upgrade models more frequently, keep products fresh, and make consumers yearn for them.

In addition, understanding the local market is an important way for Chinese automotive brands to quickly gain trust. According to Kyodo News Agency, fuel efficiency is a crucial consideration when consumers choose cars in Thailand. BYD will enter the Thai market in 2022, carefully observe local market reactions, cooperate with local enterprises, and gradually expand its product lineup for Southeast Asia. The Nihon Keizai Shimbun reported that although many new energy industries around the world have begun to deploy in Thailand, Chinese electric vehicle manufacturers still have strong competitiveness.

Boosting local development

Overseas, Chinese car companies not only provide various types of automotive products, but also deeply integrate into the local market through localized production, becoming an important part of the automotive supply chain in developing countries.

Reuters reported that with the increasing demand for electric vehicles in Thailand, Chinese car companies such as BYD and Changan have announced an increase in investment in Thailand. On March 10th, BYD's factory in Rayong, Thailand officially laid the foundation and is expected to start production in 2024; In April, the Thailand Investment Promotion Commission revealed that Changan Automobile would invest $285 million to establish a factory in Thailand; On April 30th, SAIC Group announced the construction of a new energy vehicle industrial park in Thailand. According to Bloomberg News website, China's Hezhong New Energy Vehicles will begin producing cars in Thailand and selling them to Southeast Asia in 2024, making it a member of the automotive manufacturing supply chain in the region. Great Wall Motors and BYD have established production factories in the eastern city of Luoyang. Changan Automobile and GAC Aion have also announced plans to establish electric vehicle production facilities in Thailand.

According to the website of the Russian Sputnik News Agency, BYD and the Brazilian government of Bahia recently announced that they would build a large production base complex in Kamali. The base complex will consist of three factories: a production factory specializing in electric buses and truck chassis, a new energy passenger vehicle production factory, and a lithium iron phosphate battery material processing factory. Among them, the new energy passenger vehicle production line covers pure electric and plug-in hybrid models, with a planned annual production capacity of 150000 vehicles.

"Some Chinese car companies are making strategic investments by establishing factories locally. This not only reduces production costs, but also helps create employment opportunities locally. This localized approach often brings better customer support and after-sales service, improves customer satisfaction, and cultivates brand loyalty. Some Chinese manufacturers are also collaborating with universities and research institutions in South Africa to promote innovation and provide customized products." According to a report on the Belgian "Global Fleet" website, "as Chinese car companies continue to improve their products and deeply integrate into the local automotive ecosystem, they will play an important role in shaping the future of South Africa's automotive industry."

People's Daily Overseas Edition

Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【

Important news

The boundless scenery is always new-General Secretary Xi Jinping guides the construction of digital society, review and development | education | society Unswervingly Promote and Improve the Comprehensive and Strict Party Governance System Xi Jinping | Strict Party Governance | System "Seeking Truth" magazine published an important article by General Secretary Xi Jinping "Improving the Comprehensive and Strict Party Governance System and Promoting the New Great Project of Party Building in the New Era to Develop in Depth" State | President | Xi Jinping General Secretary's thoughts are still in my mind, learning from the season | building a modern marine ranching power | developing | the ocean Leading the way with a heavy load | More vitality in opening up to the outside world, stronger momentum in science and technology innovation - Strong development momentum in the ancient capital of Xi'an Automotive | New energy | Opening up to the outside world Chinese Stars | 210 Seconds Review of the Victory of Aerospace Heroes on their Way Home! Flying | Divine Boat | Hero

Political situation

What are the remaining obstacles in the investigation and undercover investigation by the law enforcement inspection team of the Municipal People's Congress? This work evaluates that Shanghai has always been at the forefront of garbage classification | garbage | law enforcement Looking forward to the global high-quality engineering enterprise layout in Shanghai, Mayor Gong Zheng meets with the President elect of the World Federation of Engineering Organizations | Global | Quality To jointly discuss and deepen cooperation and exchange in counterpart support, Chen Jining and Nie Zhuang led a discussion on the work of the party and government delegation in Kashgar, Xinjiang Chen Jining and Gong Zheng jointly inspected and discussed, jointly serving the overall development of the country! Yin Li and Yin Yong led a Beijing delegation to Shanghai to inspect the delegation's development and overall situation Contributed about 1/4 of the GDP of Shanghai, currently with 70000 foreign-funded enterprises in Shanghai. The Youth Association of Shanghai Foreign Countries has helped each other in terms of membership and GDP The representative group of Yangpu Street helps to alleviate public concerns, with garbage belts turning back into green belts and street lights lighting up again in residential areas | Representative | Yangpu

Economics

What else can I rely on for growing vegetables?, Agricultural Experiment of a Group of Young People: Lettuce without Heaven or Earth | Physical Strength | Agriculture Very few have been rejected at once... Shanghai Automotive Engine Factory has presented 49 automotive grade chips to solicit domestic alternatives to SAIC | Netherlands | United States | Lingang Pujiang International Science and Technology City | Substitution | Import | Localization | Automotive grade chips Is there still a "flower head" in domestic blockchain?, No Bitcoin, First Blockchain Technology National Standard Released Web3.0 | Blockchain | Domestic These top domestic and international beverage cold drink brands have rolled up like this, in order to welcome the overall recovery of the consumer market as a brand | Sugar Tea | International Making a dojo inside a snail shell allows the city's scraps to make a comeback. This European style garden in Shanghai used to be a "stone" on the road. Shanghai Pocket Park | Sparrow Little Dirty | Making a dojo inside a snail shell 23 industry associations (business and academic) in the Yangtze River Delta have established alliances to provide trade adjustment assistance, and the foreign trade situation is complex and severe. | Trade | Alliance

Regional situation

Shanghai Charity Foundation Successfully Issued First Electronic Donation Receipt Community | Activity | Shanghai Charity Foundation Carry out normalized social theater performance activities, and the "hometown of drama" Songjiang Xinbang will resume stage and social theater | Drama | Songjiang Xinbang How to promote and replicate the "near rail model"? Changfeng Xincun Street Building Party Building 4.0 Model | Building Committee | Jintie The largest single scale near zero energy consumption building in Shanghai will be built, and the construction area of the first batch of "Jiabao Smart Bay" in Jiading New City will start | plot | first batch Jing'an creates "one park, one theme", and the art exhibition "Painting Life and Coloring" opens at Jing'an Sculpture Park to experience | Art | Jing'an The highlights of the Xuhui exhibition area at the first Carbon Expo are frequent, including waste plastic recycling and environmental protection roads, Shanghai's first near zero carbon community, low-carbon | green | community

Viewpoint

"White carbon" is on the rise, and there are many colors of carbon? This is definitely not sensationalism, carbon dioxide emissions, color Where does the trend go: "China-Chic" cultural and creative market status, development trend and innovation path Cultural and creative | Chinese goods | China-Chic He demonstrated the essence of the revolutionary ideology and spiritual qualities of communists, and during his brief 40 years of life, Secretary Yu Xiusong's ideology What is the relationship between the "four major functions" and the "five centers"? Accurately grasp these two key elements | functions | relationships Why mention "Clean Your Plate Campaign" again?, Today's life | leftovers | CDs To find the balance between digitization and greening, experts say that excessive digitization may increase energy consumption. Digital | Green | Digitization

Vision

Celebrating the Second Anniversary of the US Army's Withdrawal, [Looking at the World] Afghan Taliban Armed Security Personnel March Typhoon | Taliban | Afghanistan It's more convenient to buy book exhibition tickets offline today, including ID card, cash, and old-fashioned mobile phones. Lu Xun | Book Exhibition | Mobile Phone These spaces create multiple interactive viewing experiences for citizens and tourists, playing with weekend aesthetics | Design | Citizens The opening ceremony will continue as usual. [Looking at the World] The opening match of the Women's World Cup. A shooting occurred in Auckland City, resulting in three deaths. The World Cup | Event | Opening match World Blood Donor Day: Oriental Pearl TV Tower, Shanghai center and other city landmarks light up Life Red World Blood Donor Day Take the artwork home for a thousand yuan? Many people come to this exhibition for their "treasure hunting" works | gallery | to take home