久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / Americas

Chinese EV sales in Latin America zoom

Advanced technology and competitive pricing helps in rising market share

By JIMENA ESTEBAN in Buenos Aires | China Daily Global | Updated: 2024-09-11 09:25
Share
Share - WeChat
Workers assemble a chassis at the BYD solar panel and electric bus chassis production facility in Campinas, Sao Paulo state, Brazil, in November. JONNE RORIZ/GETTY IMAGES

Made-in-China electric vehicles are winning over car buyers across Latin America and reshaping views about Chinese products.

The advanced technology and competitive pricing of Chinese vehicles — EVs as well as traditional cars — are rapidly translating into rising market share for China's automakers in the Latin American market.

In 2019, Chinese carmakers sold about $2.2 billion worth of vehicles across Latin America, according to the International Trade Center. By last year, the value of Chinese vehicles sold in the region almost quadrupled to $8.56 billion, accounting for roughly 20 percent of the region's car market.

The quality of the cars and their price caught the attention of buyers like Florencio Perez Romero, a pilot in Mexico. Romero recently bought a Chinese-made MG RX5 because of the features it includes, like a large touchscreen console, myriad sensors and LED lighting, as well as an appealing panoramic sunroof.

"These are cool features. Compared to similar SUVs in the market like Toyota, Volkswagen, Ford and Chevrolet, it seemed like a good deal," said Romero.

The price tag was another big factor for Romero, who noted that when all is said and done, Chinese vehicles end up being cheaper than similar offerings from other brands.

Making strides

Chinese EV makers have been making strides in global markets. BYD, for example, has topped Tesla, which also makes many of its cars in China, as the top EV seller globally.

But they are facing significant headwinds in North American and European markets, which have increased their scrutiny and tariffs, Oxford Economics noted in a report.

The US increased the import tariffs on China-made vehicles from 27.5 percent to 100 percent in May, and Canada followed suit in late August. In June, the EU Commission announced plans to impose tariffs on imported Chinese cars, and adjusted them in August. For example, tariffs on Tesla EVs manufactured in China were cut from 20.8 percent to 9 percent while tariffs on BYD vehicles were reduced marginally from 17.4 percent to 17 percent.

In Latin America, meanwhile, sales are flourishing, from Mexico all the way down to Argentina's Ushuaia, the world's southernmost city. In many markets across the region, including Colombia, Brazil, Peru, Bolivia and more, where buyers are very price-conscious, the savings attached to buying a Chinese car make a big difference.

In Chile, in particular, Chinese automakers have been particularly successful both in selling cars to private buyers and providing vehicles to support infrastructure development, like public transit. Chileans are increasingly willing to buy Chinese traditional cars and EVs.

"Brands like MG, Maxus, Great Wall and Chery have dominated the streets with the highest sales numbers among Chinese brands, suggesting considerable popularity (among) Chilean customers when buying a new vehicle," said Renzo Burotto, a historian at the University of Chile.

According to the National Automotive Association of Chile, 111,108 China-made cars were imported to the country in 2023, reaching a market share of 39.4 percent.

Burotto attributed the growth of Chinese EVs in Chile partly to a free trade agreement and strong commercial ties between the two nations.

Chinese EVs are also increasingly visible in public transportation. Burotto pointed out that Santiago, the Chilean capital, uses more than 2,000 electric buses imported from China. Santiago, which has the second-largest fleet of such buses in the world outside of China, has replaced more than 1,000 diesel combustion buses.

And there is little reason to think that buyers across Latin America will not continue scooping up Chinese cars and EVs. Any concerns about the quality, technology or safety of made-in-China products are fading quickly.

"China no longer just makes irons and blenders," said Burotto. "It is now not only manufacturing but also leading in innovation, with a view to sustainable development, and putting China's unparalleled production capacity at the service of Global South countries that so desperately need to emerge from their chronic infrastructure deficit."

The writer is a freelance journalist for China Daily.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 精品国产中文一级毛片在线看 | 成人在线毛片 | 欧美高清一区二区三 | 经典国产乱子伦精品视频 | 日韩在线欧美在线 | 国产午夜免费不卡精品理论片 | 99九九成人免费视频精品 | 久久99国产亚洲高清观看首页 | 99在线观看精品 | 精品午夜久久网成年网 | 久久久精品在线观看 | 国产自在自线午夜精品视频在 | 日本免费在线视频 | 欧美日韩免费做爰视频 | 91欧洲在线视精品在亚洲 | 2020毛片 | 精品国产呦系列在线看 | 中文字幕在线播 | 亚洲色视频在线播放网站 | 午夜欧美性欧美 | 国产在线精品一区二区三区不卡 | 五月色婷婷综合开心网亚 | 亚洲精品韩国美女在线 | 台湾三级在线播放 | 免费看美女午夜大片 | 国产亚洲人成网站观看 | 男性吸女下身的视频 | 国产三香港三韩国三级不卡 | 国产欧美在线一区二区三区 | 国产97公开成人免费视频 | 九九热视频在线免费观看 | 91免费国产高清观看 | 成年人在线看片 | 日韩精品网 | 特及毛片 | 99免费在线播放99久久免费 | 国产免费爽爽视频免费可以看 | 免费手机黄色网址 | 久草在线视频看看 | 国产欧美一区二区三区视频在线观看 | 久久精品国产亚洲网址 |