In recent years, Chinese new energy vehicle companies have accelerated their expansion into overseas markets along the "Belt and Road" countries and regions, gaining more and more local customers and young fans.
In Java Island, SAIC-GM-Wuling, has established the largest Chinese-funded car factory in Indonesia in just two years. The Wuling electric vehicles produced here have entered thousands of households in Indonesia and become the favored new energy vehicle among local young people, with a dominant market share. In Bangkok, Great Wall Motors produces the Haval hybrid new energy vehicle locally, which has become a stylish new car that couples test drive and discuss during the "Loy Krathong", surpassing Honda to become the best-selling model in its segment. In Singapore, April's new car sales data showed that BYD won the title of best-selling pure electric vehicle that month, leading the pure electric new energy vehicle market in Singapore.
"Export of new energy vehicles has become one of the 'three new features' in China's foreign trade. Wuling's products have caught up and surpassed in many markets, including Indonesia. With a complete new energy vehicle industry chain and a stable supply chain, Chinese independent brands going global can fully leverage the comparative advantages of China's new energy industry," said Yao Zuoping, Party Committee Secretary and Deputy General Manager of SAIC-GM-Wuling.
According to interviews conducted by the Shanghai Securities News, in recent times, new energy vehicle brands under several A-share listed companies have ranked first in sales in Southeast Asian countries such as Indonesia, Thailand, and Singapore, creating a wave of enthusiasm locally. Along the maritime Silk Road route, Chinese new energy vehicle manufacturers are not only tapping into new markets, but also serving as a microcosm of China's brand globalization. Moreover, they are exporting high-quality industrial chain capacities, stimulating local economies and employment, benefiting the people of the host countries,With the development of new energy vehicles, charging stations will also see a broader market.
Post time: Jun-20-2023