Chinese cars conquer the world, green technologies service China

chiny24.com 1 year ago

According to an article by chief editor Nikkei Asia of October 6, 2023:

“When an global automotive fair was held in Indonesia in August, the biggest sensation was that Chinese producers aggressively promoted a number of fresh models (cars – ed.) at competitive prices. A colleague, who had late returned from Jakarta, told me that even any nipponese companies, including those specializing in facilitating transactions between home and abroad, worked behind the scenes of the event to aid Chinese EV players penetrate the ASEAN market.

Although nipponese car manufacturers presently control over 90% of the Indonesian market, “some nipponese companies (trade, financial – ed.) began to wonder who would be the winner in the electrical vehicle marketplace and on which side they should stand“ My friend said. This phenomenon is not peculiarly exceptional for Indonesia or the marketplace for electrical vehicles. The influx of Chinese investments in “green technologies” accelerates in a region where governments are under expanding force from the West to decarbonise their economies, but they deficiency the essential funding.

This investment run from China can become a fresh tool for “climate diplomacy” with Southeast Asian countries, many of which have territorial disputes with Beijing in the South China Sea.

Meanwhile, Inovev.com, a worldwide interactive information platform collecting and processing data for automotive professionals (design and engineering – car manufacturers and suppliers) reports that in 3 erstwhile quarters of this year 8% of fresh electrical vehicles sold in Europe came from China. Throughout 2022 it was 6% and in 2021 4%.

Mrs. Ursula von der Leyen's statements seem to be late. And activities related to projects specified as “green technologies”, “carbon footprint” may be glorious and noble, but at least poorly thought out. Just like the vast majority of European actions. The political decisions of the base clearly deficiency a sound and professional analysis of the situation and proposals for solutions built on it. possibly there is besides a deficiency of awareness that the planet AD 2023 is much different from this AD 1993, for example. In these 30 years, a lot has truly changed, and it would be worth taking these changes into account in decision-making processes.