News

Electric cars made in Germany and China are the best sellers in Europe

China is ratified as the great factory of the West and is positioned as the second largest electric vehicle producer in Europe, behind Germany. Brands such as BMW, Tesla or Polestar have factories based in the Asian country and praise the way of working and the productive capacity of that region. In 2021, almost 15% of the total electric cars sold in Europe was made in China.

In 2021, more than 1.2 million electric cars were registered in Europe. Of said total, 175,700 units were assembled in China, which represented a percentage of 14.7%. Manufacturers of Chinese origin are still settling in our region, however, they are also beginning to gain market share and are already positioned as the favorites for many buyers, who see in them an opportunity to get hold of an electric vehicle at an affordable price. and with an important technological load.

The increase in Chinese prominence in Europe is clear, but it was not until 2021 when China ranked in the top 3 of electric car producing countries. In 2019, the electric ones manufactured in China barely represented 0.5% of European sales, but only three years later it is already positioned as the second producing country. In the year 2020, China was gaining potential and the cars manufactured there conquered 3.5% of buyers; In 2021, it entered the podium of producing countries, overtaking France and positioning itself behind Germany. So far in 2022, China has manufactured 18.7% of the electric cars sold in Europe and is already threatening to take the throne from Germany.

The Tesla Model Y represented a high number of registrations in 2021 for a model made in China
The Tesla Model Y represented a high number of registrations in 2021 for a model made in China.

France is one of the examples of a reduction in the sales share of its manufactured electric vehicles, since in 2020 they accounted for 21.4% of the European market, while in 2021 they fell to just 11.4%. Germany, for its part, obtained 17.3% in 2019 and 19.7% in 2021. Behind the Germans is South Korea with 9.84%, the Czech Republic with 5.9 %, the United States with 5.32% and Spain is in seventh place with 4.94% of the total sold in Europeaccording to a study published by InsideEVs.

China currently allocates most of its supply capacity to its own local market. However, the vast majority of brands and large global manufacturers in all areas have a factory in that country. One of the main reasons for this is its mass manufacturing capabilities, as well as the no difference in quality between a product manufactured in China and another in any other country of “developed economy”where the price per job skyrockets substantially.

Tesla knew how to set a good example of what China is capable of doing, since its Shanghai factory presented enormous production figures, above what was initially planned. In 2021, 52% of Tesla registrations in Europe were of models made in China. In fact, this brand positioned itself as the largest importer of electric cars made in China, ahead of brands such as Dacia, MG and Polestar.

Experts already assure that China will take over the gold scepter of car manufacturers in Europe in the coming months, since the eastern country is better positioned as a manufacturer of electric cars than in the increasingly past era of thermal mechanics models. Brands such as Volkswagen, Mercedes or other manufacturers of European or Japanese origin are already preparing to manufacture their products in China and export them to the rest of the world.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button