China’s New EV Models Taking Market Share, Why Japanese and German Cars

Global Economy

At the 2024 Guangzhou Motor Show, China’s new EV models are gaining market share, leaving Japanese and German cars behind. What’s the reason?

1Bird ★.Dec. 12, 2024 (Thu) 09:06:02.85ID:nnXaGA3/
The 22nd Guangzhou Motor Show (2024 Guangzhou International Automobile Expo) concluded its 10-day schedule on November 24th. The Guangzhou Motor Show is one of China’s world-renowned international motor shows, and although it is slightly smaller in scale than the Shanghai and Beijing Motor Shows (held alternately every year) held every April, perhaps because it is held at the end of the year, it often gives the impression that each company reveals new cars and sales plans for their release the following year. (Omitted)
■ Chinese companies continue to expand market share, “automated driving” is key
Due to the rapid growth of Chinese local manufacturers, traditional top manufacturers such as Japanese and German manufacturers are continuing to lose market share. In some ways, the future is not secure. There are a number of factors that have contributed to the company’s inability to regain market share, but one of them is a lack of understanding of what Chinese consumers want in a new car. Simply making the equipment on models sold in global markets a little more luxurious will be a drop in the bucket. To be more specific, Chinese manufacturers today are developing cars with the aim of making the time spent in the car more meaningful, whether the car is on the move or parked. Of course, it’s not clear whether this is what consumers want or whether companies are trying to create such a trend, but at least at a glance, it can be said that Chinese cars are better at designing the interior space and travel time than Japanese cars. For example, the infotainment systems offered by Chinese manufacturers’ vehicles are equipped with a number of interesting functions, such as touch displays not only for the center display but also for the passenger seat, the ability to take photos inside and outside the car, and the ability to enjoy in-car karaoke with an optional karaoke microphone. When it comes to Chinese cars, there is a wide selection of electric vehicles (BEVs), but whether they are purely electric or not is not that important; the focus is now on how to make the most of the car as a “personal space where only you and your passengers can move around.” The full text below is at the source
36kr December 12, 2024.
China’s new EV model announcement is taking away a huge market share, so why are Japanese and German cars unable to keep up?-1
China’s new EV model announcement is taking away a huge market share, so why are Japanese and German cars unable to keep up?-2
China’s new EV model announcement is taking away a huge market share, so why are Japanese and German cars unable to keep up?-0
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中国EVの新型車発表が凄い。シェア奪われる日独車が追いつけない理由とは? | 36Kr Japan | 最大級の中国テック・スタートアップ専門メディア
第22回目となる広州モーターショー(2024年広州国際汽車博覧会)が10日間の日程を終え、11月24日に閉幕した。 広州モーターショ…
https://img.36krcdn.com/hsossms/20241108/v2_a282361f7c1a4a8da5357156906ec6a6
5<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:08:35.14ID:pDgIhYBc
>>1
But China has some ridiculous restrictions on non-Chinese cars.
20<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:16:46.79ID:WSyZcThT
>>1
The answer is that everyone abstained and went home.
97<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 10:18:29.95ID:CWMLEx84
>>1
Mainly because the Chinese government is pushing it. Isn’t it also because they are neglecting the things that Japanese and German car makers value?
2Security Guard [lv.9] [Sprout].Dec. 12, 2024 (Thu) 09:06:54.16ID:prNTIK6+
Because China can only make EVs.
4<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:08:30.04ID:CKxU07ZH
Like Nissan, I don’t like the fact that the steering wheel isn’t round.
6<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:08:53.46ID:oce3YCh4
It’s an interesting space that distracts the driver.
10<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:10:00.78ID:pDgIhYBc
>>6
The traffic is so bad that people start playing mahjong on the street, so I guess they need that kind of equipment.
7<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:08:57.58ID:HZQlsdb/
That’s because it’s virtually impossible to buy a gasoline car in China, and if you want one you have to buy an EV…that’s the policy.
8<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:09:03.03ID:m34/e5bZ
We’re not aiming for that kind of market share, so it’s a bit of a stretch.
9<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:09:06.65ID:SLr3aBvZ
Despite its huge popularity, EVs themselves aren’t selling well lol.
11◆65537pnpsa.Dec. 12, 2024 (Thu) 09:10:00.91ID:/ynISVvS
Even if it has karaoke lol.
13Kyoppopyo Update Team @Tiger ◆mbtgqnrejgjz.Dec. 12, 2024 (Thu) 09:11:48.70ID:xMCEoIrt
Explosive power?
14<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:11:54.77ID:E3xfpaJT
It’s just a self-destruction of national policy. Even if they pollute the country and pile up dangerous materials to fabricate a share fraud, they won’t be able to sell abroad.
17<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:14:00.82ID:NpLot2ls
Where in the world are EV sales growing right now?
18<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:15:38.83ID:pDgIhYBc
>>17
…China.
19<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:15:48.72ID:QCPNQTJc
>>17
Not just China.
44<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:33:16.99ID:kVGbhPez
>>17
The places where those stupid subsidies are gone are starting to decline.
53<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:38:26.60ID:hpWEPnZz
>>17
Russia
Various manufacturers are withdrawing and Chinese cars are coming in.
21<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:17:28.19ID:MNYhagaE
Just like smartphones and drones, Chinese-made self-driving cars will be banned from the West.
22<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:20:46.83ID:aaMaNxbc
If it’s self-driving, it can be used as a moving missile.
28<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:21:36.26ID:pDgIhYBc
>>22
Ignore the driver and control it from outside…
24<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:21:11.03ID:ixSq7vN+
I think I saw an article a while ago that said EV inventory is overflowing in China.
39<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:31:41.99ID:HYZr17UN
>>24
New cars are left abandoned and turned into scrap metal.
49<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:36:23.50ID:E+geHUfu
>>24
That’s more of a question of excess supply than demand.
27<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:21:31.30ID:6R+p9Gwp
It’s great to live in a country that has so many EV graveyards (lol).
30<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:22:18.50ID:Om1uNN2P
Are they really losing as much as people say?
That may be true in developing countries, but even in Thailand, where they were initially welcomed, growth doesn’t seem to be going well,
and in Japan their market share hasn’t increased at all, and regulations in the EU are getting increasingly strict, so it feels like they’re being pushed into a corner.
32<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:25:05.12ID:jxU8MGxj
Does it pass crash testing?
33◆65537pnpsa.Dec. 12, 2024 (Thu) 09:25:45.78ID:/ynISVvS
It reminds me of the final days of Japanese home appliances, when they were adding all sorts of Iranian features and calling it “added value.”
35<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:25:54.74ID:uwFPVqrv
So what is its market share in the United States?
36<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:30:21.87ID:fvPdWuEs
What to do with the pile of inventory?
43<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:32:16.06ID:pDgIhYBc
>>36
There was a problem with them being dumped in developing countries as giant smartphone chargers.
37<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:30:48.90ID:Lq4wKIFm
I wonder why the latest Reiwa Bilibili seems to suit him so well.
41<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:32:06.89ID:xGyfrMH1
Jap cars are just a necessity that offers good cost performance lol.
42<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:32:12.03ID:ATf/S789
I guess Toyota will be undervalued and downgraded to just a division.
46<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:35:15.46ID:pOid6Ghy
Why no mention of subsidies?
47<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:35:51.54ID:xx7Yn5NR
We’re just dealing with excess inventory.
48<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:36:04.56ID:Lq4wKIFm
I wonder what the situation is with EVs in China. Is there any demand for replacements?
50<丶`∀´>(´・ω・`)(`Ha´ )san.Dec. 12, 2024 (Thu) 09:37:33.51ID:FR1w/Po2
It’s a car that Chinese people buy, so isn’t that good?
Reference: https://lavender.5ch.net/test/read.cgi/news4plus/1733961962

Other languages: 中国EVの新型車発表が凄いシェア奪われる日独車が追いつけない理由とは?, ¿Cuál es la razón por la que los automóviles japoneses y alemanes no pueden alcanzar a los nuevos modelos de vehículos eléctricos que se anuncian en China y se llevan una gran parte?

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