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Auto show in Shanghai: German automakers at the forefront of electric cars

2021-04-20T14:31:41.913Z


The German car manufacturers are catching up in the field of electric mobility. This can be seen at the largest auto show in Shanghai.


The German car manufacturers are catching up in the field of electric mobility.

This can be seen at the largest auto show in Shanghai.

Shanghai - German carmakers had long been behind in the development of electric mobility.

But now they are catching up in terms of e-cars.

This can be seen at the start of the largest auto show in Shanghai.

In addition to BMW *, VW and Mercedes also presented a large number of new electric cars.

Hundreds of thousands of visitors are expected at the auto show in Shanghai until April 28th.

This makes the auto show in Shanghai with the industry meeting in Beijing in September the second major auto show within seven months.

Since China has largely had the corona virus under control since the summer, visitors can be admitted.

To do this, they have to show a negative corona test, have their body temperature measured and prove that they have not been in a risk area.

Trade fair in Shanghai: E-mobility is experiencing rapid growth in China

E-mobility is growing rapidly in China *.

So it's no wonder that e-cars are a big topic at the fair.

German car manufacturers play an important role in this.

From the point of view of the German management consultant Peter Hage from the Beijing-based Districom Group, the market environment will also develop anew as a result of the new products from the German manufacturers.

"The change in German automakers has been quite rapid," said the director of the Association of Chinese Automobile Dealers, Jia Xinguang.

The turnaround among German companies has progressed faster than with manufacturers from the USA, Japan or South Korea.

Xinguang particularly highlighted the Volkswagen * group.

This has standardized the mass production with its platforms.

German automakers optimistic - China prevents corona low

The major German automakers were optimistic about the prospects for the Chinese auto market - and rightly so. Because the German manufacturers were able to cope with the Corona * crisis better than car manufacturers from other nations due to good business in China. This is shown by a study by the consulting firm EY. Even if Mercedes, VW and BMW struggled with a decline in sales of ten percent, a drop in sales of 14 percent and a decrease in operating profit of 26 percent, they are in a better position than manufacturers from other countries.

In addition to car manufacturers from the USA and Japan, French manufacturers in particular fared badly.

According to the study, all three countries lagged behind German corporations in all three categories.

This is mainly due to the fact that the sales market in China has collapsed less than in the USA and Western Europe.

Almost every fourth new car from VW, BMW and Daimler was sold to a Chinese customer in 2020.

BMW: Twelve e-car models by 2023 - Mercedes is also presenting several e-models

Daimler and BMW want to grow in particular with the premium market, which usually grows faster than the overall market.

Experts anticipate an increase in the overall market of more than six percent.

BMW wants to offer twelve electric cars by 2023 * reported China-BMW boss Jochen Goller.

A quarter of the cars sold in China should be electric by 2025.

Mercedes also presented several new e-models - above all the electric S-Class sedan EQS.

Daimler sees the further growth potential and the long-term development of the Chinese market for electric vehicles, according to a spokesman.

Mercedes wants to offer four fully electric EQ models on the Chinese market by the end of 2021.

Three of them are produced in Beijing.

(dpa / jsch)

*

Merkur.de

is an offer from IPPEN.MEDIA

List of rubric lists: © Ng Han Guan / dpa / picture alliance

Source: merkur

All news articles on 2021-04-20

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