How Suddenly Did China Start Shaking the Automotive Market?

China’s Shanghai Auto Show, the world’s largest automobile market, started on April 18, 2023, one year after the break due to COVID last year. At the fair, which will last until April 27, many automobile giants from around the world started to show their brand new vehicles.

Many companies from Mercedes-Benz to Volkswagen took part in this fair. However, the most notable cars are to Chinese brands belonged to. While these companies introduced their vehicles with remarkable features, some of these vehicles managed to receive thousands of orders in a short time. In fact, this is the product of an increasing success in recent years. So, what happened that Chinese brands have increased their success in recent years by producing cars that suddenly attract so much attention? Let’s take a look at this issue.

China ranks second in the world in automobile exports

China for the first time in its history in 2022 over three million exports and after Japan second largest automobile exporter in the world managed to become When we dig deeper, we see that the country’s exports were 1 million in 2012. Two million will occur in 2021. This shows how much the country’s exports have grown in just two years.

Electric cars play a big role

Let’s take a look at the reasons behind this. Perhaps the biggest factor spread of electric cars start. As it is known, due to environmental problems, both consumers and manufacturers have started to abandon internal combustion engines and turn to carbon-neutral vehicles such as electric ones.

As a matter of fact, this situation had a very positive impact on China, which has a high number of electric vehicle manufacturers. So electric cars are a huge part of China’s automobile exports. According to the data, the shipment of these vehicles in 2022 is % compared to the previous year.increased by 120 to 600,000 got on it. Likewise, data from Europe revealed that Chinese companies were successful here. According to this One in ten electric vehicles on the continent is owned by a Chinese company. belonging

Perhaps the best example of electric vehicles is the EV manufacturer, which is expected to come to our country. BYD. The company, which is Tesla’s biggest competitor, was among the top selling brands in the world last year. on the other hand 552 thousand vehicles in the first quarter of this year by selling had increased its sales by 92.81% year-on-year. The giant company once again showed that it is determined to continue its success by presenting vehicles suitable for every budget at the fair in Shanghai.

own batteries and chips Another reason behind BYD’s success is the challenges such as the global chip crisis. basic technologies able to cope with it. Luo Hao, one of the company executives, drew attention to the investment they have made over the years and said,We have been in the new energy industry for over 20 years. During this time, we have mastered the core technologies of the entire industry chain, including batteries, motors and chips, and created our own technical pool.” uses expressions.

On the other hand, just like BYD Manufacturers from Chery, Changpan Xpeng, Denza, Li Auto and many more is also rising rapidly by producing successful electric cars. For example, the N7 model, introduced by Denza at the Shanghai Auto Show, managed to receive more than 5 thousand orders after just six hours.

Better and original designs

The other reasons behind the success of Chinese brands and the release of vehicles that shake the market are the features of the cars both inside and outside. Now every vehicle coming from the country stylish design we see that. Also, Chinese brands Stop copying the designs of other Japanese or European manufacturers and start their own designs. to pass also great effect.

High technology and safer vehicles

On the other hand, technologies beyond the age, from autonomous systems to in-car displays, are being integrated into companies’ vehicles. The YangWang U9 supercar, which BYD showed at the fair, could not only dance, but also jump on its own, thanks to the company’s new advanced suspension technology.

The safety of cars has also reached very high levels and people are no longer “Chinese made is of poor quality” he has lost his mind. Euro NCAP teststhe cars produced in the country have received high scores in recent years and It started to become one of the safest vehicles in the world. showed. This means customers concerned about quality and safety in markets such as Europe. gaining your trust it helped.

And of course they are cheaper

This is perhaps one of the most important factors. Vehicles manufactured in China, compared to their competitors much cheaper it can happen. The reason for this is that the vehicles in the country due to reasons such as cheap labor. with low costs can be produced. In other words, vehicles that can be classified as “premium” with such high quality features can come out at low prices. For example, BYD’s model that broke sales records with a range of 605 kilometers with the appearance of a luxury vehicle from the outside. HAN HOMEIt retails for a pretty decent price, starting at $30,000.

In addition, we often see smaller models from Chinese companies, which are much cheaper. For example, Chery’s EQ1, one of the most preferred vehicles in China and expected to arrive in Turkey at the end of this year, had a price of only 10,500 dollars. On the other hand, BYD recently introduced the new city car Seagull. This small vehicle, which comes with a range of 305 km, £7730 It debuted at an ultra-cheap price.

As a result, we can see that Chinese brands have achieved this success because they produce both quality and affordable vehicles. It is highly probable that they will come to a level that will dominate the entire automobile market in the coming years.