Reference News Network July 16 report - According to the website of the US Consumer News and Business Channel on July 14, Chinese car brands are seizing market share in Norway, a country friendly to electric vehicles, posing strong competitive pressure to Tesla and other Western automotive giants.
The report said that since the first delivery of MG cars to this affluent Nordic country in January 2020, Chinese electric vehicle brands have captured about 10% of the market, driven by price advantages and advanced technology.
The report pointed out that this explosive growth is particularly notable, given that Norway has decided not to impose tariffs on electric vehicles imported from China, and is hailed as the world's most supportive country for electric vehicles.
The report noted that Norway's tariff policy differs from that of the United States and the European Union. The country previously stated that imposing tariffs on Chinese electric vehicles would be meaningless and undesirable.
Kristina Bie, Secretary-General of the Norwegian Electric Vehicle Association, said that there are at least 20 different Chinese electric vehicle models available in the Norwegian market. In recent years, potential Norwegian buyers' views on Chinese electric vehicles have "changed significantly."
She said: "They think Chinese electric vehicles are great, technologically advanced, and competitively priced. The competition in the Norwegian electric vehicle market is really intense."
According to data from the Norwegian Road Association, last month, Chinese electric vehicle manufacturers such as BYD, XPeng, and MG ranked in the top 20 for new car sales in Norway. At the same time, Tesla still dominates the Norwegian market.
Rico Loman, Senior Economist for Transportation and Logistics at ING, said that surveys show European drivers like driving Chinese electric vehicles.
Loman recently said on a program: "Therefore, competing with these new brands expanding their business in Europe is a real challenge for Tesla."
When asked whether Europe is losing the battle against China in electric vehicles, Loman said, "Europe is catching up." But he pointed out that China is still far ahead.
(Translation by Hu Guanghe)
On April 26, exported cars were concentrated on the wharf of Taicang Port Area in Suzhou Port (drone photo). (Xinhua News Agency)
Original article: https://www.toutiao.com/article/7527499016620229135/
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