According to a recent report on the website of German Economic Weekly, the latest research by PwC shows that from 2025, European automobile imports will exceed exports, and China will become an exporter of electric vehicles. On the one hand, Chinese automakers have expanded their sales in the European market, on the other hand, European and American manufacturers have gradually shifted their electric vehicle production to China. It is estimated that by 2030, the market share of Chinese electric vehicles in European electric vehicles will reach 5%.
(Source: Economic and Commercial Office of Chinese Consulate General in Frankfurt)
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Post time: Nov-18-2022