Shipping Giant: "Chinese Enterprises Have Transformed from Cost Leaders to Technology Leaders"

In recent years, China's new energy vehicle industry has experienced rapid development, sweeping the international market with advanced technology and affordable prices. According to a report by the UK's Financial Times on November 9, the world's largest ro-ro shipping operator, Wallenius Wilhelmsen, stated that Chinese enterprises have entered a new phase of innovation and expansion, and European automakers with insufficient competitiveness are rapidly losing global market share.

Lasse Kristoffersen, CEO of Wallenius Wilhelmsen, said that while European automakers face a "triple blow" of declining sales in the Chinese market, sluggish demand in Europe, and increased tariffs in the United States, the export volume of cars from China to Latin America, Europe, Africa, and Australia is showing a significant increase.

He told analysts, "China is winning market share because of its self-innovation. Chinese manufacturers have transformed from cost leaders into technology leaders."

According to consulting firm AlixPartners, China's car exports grew by 23% last year, reaching 6.4 million units, more than 50% higher than Japan, which came in second. The company expects that, driven by growth in emerging markets, the share of Chinese manufacturers in the global market will rise from 21% last year to 30% by 2030.

Original: www.toutiao.com/article/1848311314306060/

Statement: This article represents the views of the author himself.