China's electric buses are quietly becoming popular in Europe
2024-08-12
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An article published on August 10 in the British Electric Vehicle Magazine was originally titled: China's influence in the European electric bus market is growing. The European Commission plans to impose temporary countervailing duties on electric vehicles originating from China, targeting vehicles with nine seats or less. The EU excludes buses from the tariffs, leaving a large part of the market unaffected. According to a report by IDTechEx, Chinese electric vehicles will account for 8% of the European market share in 2023, while 28% of the European electric bus market is controlled by Chinese manufacturers.
IDTechEx technology analyst Mika said that driven by metropolitan areas seeking cleaner and more efficient alternatives to diesel buses, 2023 is a record year for electric buses in Europe. Since 5,000 units were sold in 2013, sales of electric buses in the EU and the UK have been growing steadily. But the number is still far behind China. The key to China's success lies in government support and industry preparation for electrification, which has put China ahead in electric bus adoption for more than a decade. Although new emission-free zones and decarbonization targets have driven demand growth, some major European vehicle manufacturers did not launch electric buses until 2019.
In addition, as the domestic market becomes saturated, Chinese manufacturers such as BYD and Yutong are seeking new markets overseas, with Europe being the primary target. European industry insiders stressed that the bus market is highly price-sensitive and fleet decisions are mainly driven by economic factors.
Chinese manufacturers have been producing electric buses on a large scale and reducing costs through economies of scale. Since the entire production process is concentrated in China, these manufacturers can also reduce the cost of the most expensive batteries for electric buses, making the products more competitive. Experts say that even if tariffs are imposed, Chinese buses will still flourish due to market opportunities and the difficulties of European vehicle manufacturers, and not imposing tariffs may make them stronger. Even if tariffs are imposed, some Chinese manufacturers have established production bases in Europe. For example, BYD has set up a factory in Hungary with the concept of "Made in Europe, Serving Europe", and CATL, an important battery supplier, has also built a factory there. Mika believes that the influence of Chinese companies is not limited to bus brands. (Author Stella Nolan)
Singapore Asia News Network article on August 7, original title: Chinese electric buses enter Paris and go to the world A fleet of pure electric double-decker buses made in China drove along the Seine River, stopped in front of the Eiffel Tower, and announced in multiple languages: "Dear passengers, welcome to Paris!" In fact, sports fans, coaches, delegation members, officials, etc. are using these vehicles to visit the main attractions in Paris, the host city of the 2024 Summer Olympics. Since it only costs a small amount of money to experience the pollution-free ride service provided by this bus, many tourists can't wait to jump on it for sightseeing.
In the global green transformation trend, with the new energy vehicle industry booming, China is accelerating its pace of green transformation, and China's electric buses are gradually entering the global market. (Translated by Chen Junan)▲#Deep Good Articles Project#
