Shanghai – Topped automakers are displaying their latest designed China and The World models at the Shanghai Auto Show this week, fighting US President Donald Trump’s next step in his trade war, fighting not to go down the world’s largest car market.
This year’s show comes at an important moment on the extensive industrial outlook of Shanghai. Three decades after Beijing began its journey to create a world-class auto industry, local manufacturers are about two-thirds of sales and global exports inside China.
However, US President Donald Trump is responsible for increasing tariffs and hitting the European Union Chinese electric vehicles, selling in some foreign markets.
“Geo -politics are very complex and the situation is uncertain,” Wei Gianzun, chairman of the Great Wall Motors, told reporters on Wednesday. “But the Great Wall always explore investment in foreign markets.”
The exhibition is being held on two media days and two trade days before it opens for the public on Sunday. It runs until May 2.
Old cars for the latest models are encouraged by official subsidies for scraping old cars, Chinese drivers have taken the switch in the electronic last year battery -powered and hybrid vehicles sales.
The China Association of Automobile Manufacturers said last year, a total of 1.5 million vehicles, including buses and trucks, were sold in the world’s largest market last year, and increased by 5% over a year ago.
The growth of the sales of EVS sales was offset by reducing the sales of the Traditional Petrol and Diesel powered vehicles, which are still more than half of the new car sales.
Chinese electric vehicle manufacturer Bid last year sells Tesla as the largest EVS maker in the world, earning more than $ 1 billion. It recently announced an Ultra Fast EV charging system that it said that the time required to fill in the pump could provide a complete charge for its latest EVs in five to eight minutes. It plans to build more than 4,000 new charging stations across China.
Foreign car makers such as Volkswagen, General Motors, BMW and Ford have established joint initiatives with state -owned local companies, such as Volkswagen, General Motors, BMW and Ford, to help them create power and technology worldwide.
They also created a wide supply chain to Shanghai and other large manufacturing centers, which help to nurture other major names of Chinese automaking such as BYD, Gilly and Great Wall Motors.
With the growth of home limited by the brutal competition, they are rapidly expanding to the Southeast Asia and other developing economies, especially in the relatively affordable sedan, SUV and pickup trucks.
Jho Lizun, director and lead researcher of the Art Analysis Group Yeches Research Institute, says Shanghai’s auto show is a “suitable survival” rally.
This does not mean that all EV manufacturers go alone. The BYD Demolor has now tied up to launch the Denja Premium brand of the Mercedes-Benz Group. It challenges Toyota and other top level brands with its luxurious Youngwang brand, which cost 2 million yuan ($ 280,000)
Opening a wide market in foreign competitions has given the car buyers a choice of more affordable, innovative vehicles. It is a mixed blessing for old automackers like GM, Ford, Toyota and VW, which is also fighting at Attration in China.
BMW Group Chairman Oliver Gyps said, “China still a market for fighting,” like other car makers, “China, China,” method “China Speed”.
The enhanced conversation in Shanghai by both Chinese and foreign automaker in China is extended to the world by up to 5% of the trump’s Chinese products, though despite 90 -day breaks, saved many other countries and 25% US tax on imported cars and auto parts.
Stephen MA, head of China Operations of Japanese Automaker Nissan Motor Co., says the company is in China and China and “to export the world to the world excluding a country – you can guess which one can.”
The higher the United States and European tariffs on foreign -made EVs are persuading Chinese newcomers to transfer the production to those markets because more Western customers choose for the latest Chinese models.
Just a few decades ago, Nissan, Toyota and other Japanese automakers were fighting trade friction with the United States in their own exports. Now, they hire thousands of US workers in their US factory.
“Trade war between China and the United States has blocked the export directly to the United States from China, but it could not block the local production or global production bases there,” Jho said.
A Rhodium Group report found that almost half of the world’s markets are restricting imports from China, because EVS and other high -tech vehicles are due to national security concerns associated with advanced electronics. Minority countries like Australia and South Africa are relatively open and Russia is a big market but it is almost saturated.
Chinese automakers are lagging behind global leaders like Toyota in conventional petrol and diesel fuel vehicles, but they can sell EV at approximately the same price, as well as solve range and quick charging problems.
China has become part of Japan’s Financial Publications Nicke Asia’s commentary by geo -political analyst Yanme Jai as a “technical example shift”. He wrote that China’s automackers were becoming electrical not just because of the green change, but also “technical and industrial domination.”
China’s EV makers have benefited from the conversion without a huge inheritance operation, Stepan Silaf, vice president of the Global Design of the EV Maker Jaker Group, part of the stability of the brand of Gilli. Founded in 2021, it is selling more than 80 cars in the market, including Europe.
“They can respond to the market demand, customer demand immediately and supply it very quickly,” he said. “We’ve done most of these cars in two years. Two years from 0 to 100.”
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AP researcher U Bing has contributed.