Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Investment

China's electric vehicles gain increasing popularity in Europe

December 20, 2021


Abstract : Chinese carmakers with increasingly favored electric vehicle models continue to make headway in the European market.

NIO.png

A visitor enters the NIO House in Oslo, capital of Norway, Sept. 30, 2021. (Xinhua/Zhu Sheng)

BEIJING, Dec. 20 (Xinhua) -- Chinese carmakers with increasingly favored electric vehicle models continue to make headway in the European market.

For example, this year, NIO, a China's electric vehicle company founded in 2014, started to deliver its ES8 model vehicles to users in Norway. 

In September this year, China Great Wall Motor, also unveiled the vehicle model of Coffee 01, a plug-in hybrid electric vehicle (PHEV), at a motor show in Munich, Germany. 

Analysts noted that with the advantages of long-range performance and competitive prices, the Chinese electric vehicles are enjoying rapid development in the European market. 

Taking the MG as an example, in the first 11 months of 2021, MG, a pure electric vehicle model of SAIC Motor, accounted for 1.9 percent of the new car sales in the UK, surpassing Honda and Mazda. In November, alone, its proportion rose to 3.6 percent, almost equal to that of Nissan and Ford, according to Nihon Keizai Shimbun, a Japanese newspaper. 

Meanwhile, both MG and NIO have currently won five-star ratings from the European New Car Assessment Programme (the Euro NCAP) in terms of the new car safety assessment. 

In addition, NIO has also introduced the battery switching technology, which is currently unavailable locally. It has also upgraded hardware functions through the cloud, bringing a new intelligent and digital experience to the European users. (Edited by Zhang Jian, Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: NEV electric vehicle

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial