China: The most important car market in the world is collapsing again

Bad numbers from China

The most important car market in the world breaks down again – and sets the course for the future

China: The most important car market in the world is collapsing again-important
Volkswagen Electric VW models in China

China came out of the Corona crisis as one of the first countries, but the upswing is now braked again – also because of the global chip lack. China is currently making the course for the future of the automotive drive.

The Chinese car market also suffered a bitter dampers in September. The deliveries of cars to customers decreased by 17.3 percent to 1.61 million vehicles compared to the same month, as the industry association PCA (China Passenger Car Association) announced in Beijing on Tuesday. The association measures the sales of cars, SUV, minivans and smaller commercial vehicles. For a few months now, after recovery from the Corona pandemic in the most important car market in the world, it has been haplessing because there is a lack of electronics chips in some Asian countries, among other things, because of Lockdowns in some Asian countries. For cars with alternative drives, the sales in September laid 334 in September.000 cars on the triple to.

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German car manufacturers also let springs springs

China is the most important single market by far the German car company Volkswagen, Daimler and BMW. Volkswagen, as the market leader in the mass market of the country, is particularly affected by the slump in production, but most recently Daimler and BMW also left springs in the premium segment. Volkswagen focuses primarily on electromobility in his plans for China. So far, this has been strongly promoted in China.

What does China’s future strategy look like?

As China insiders report, however, the authoritarian land is based on its own climate policy, which only in 2060 "Climate neutrality" provides for its car strategy from 2023. What exactly this means for electromobility is still unclear. Because until 2023, the funding for electric cars expires, which limits China to the wild growth of small manufacturers and prefer to strengthen large powerful electric manufacturers (such as NIO, XPENG or the big joint venture companies). Tesla is now also building cars in China and sells them very successfully.In the future, however, China wants to be "Green Car Credit System" Replace with another system that takes into account the actual CO2 emissions of the vehicles. And that is by no means zero, especially in China, but even worse than that of an economical combustion engine because of the still high proportion of coal electricity electricity.

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"Current politics has caused less investment in the efficiency of internal combustion engines – but that was not the goal", says Bakar Sadik Agwan, analyst at Gobaldata. The new system should work similarly to emission trade in the EU. However, without the emissions of emobility to be simply ignored and calculated by zero, as in the EU, which scientists have been criticizing for a long time. Instead, the entire "CO2 budget", that the manufacturers have to comply with gradually reduced.

Energy deficiency in China

China currently has to struggle with energy pover in coal for lack of raw materials and must temporarily park the electricity for some regions. This and the growing challenges to the power grid through electric cars represent an increasing problem.Jochen Siebert from JSC Automotive from Shanghai suspects that in addition to battery mobility, hydrogen and climate fuels in China will also play a role: "When we talk about renewable energies, China will recognize or it already has that it is much more difficult and lengthy to transport electricity over long distances than to convert electricity into easily transportable energy sources. This is exactly what would be necessary because the sources (solar and wind) are thousands of kilometers away from consumers. Therefore, massively green hydrogen is already being initiated", So siebert. This hydrogen will probably also be used to produce synthetic fuels. For China, efficiency play a lower role than the country’s energy security.

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China: The most important car market in the world is collapsing again-important

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1 thought on “China: The most important car market in the world is collapsing again”

  1. That is to be corrected
    """"China currently has to struggle with energy pover in coal for lack of raw materials and must temporarily park the electricity for some regions""", Well they just have no green ones. The parking must be planned.In China it runs unplanned with us with a German order under the leadership of Greta and Mrs. Neubauer.The result will be the same.

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