Volkswagen:Competition From China EVs: Difference between revisions

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* '''For Europe, AlixParners project that Chinese automobiles market share will rise to 12% (downgraded from 15% due to tariffs) from the current 6% (or 677,670 based on 2023 sales data published by ACEA'''<ref>https://www.investmentwiki.org/wiki/Automotive_Industry:Europe#December_2023</ref>''').'''
* '''For Europe, AlixParners project that Chinese automobiles market share will rise to 12% (downgraded from 15% due to tariffs) from the current 6% (or 677,670 based on 2023 sales data published by ACEA'''<ref>https://www.investmentwiki.org/wiki/Automotive_Industry:Europe#December_2023</ref>''').'''
* Outside China, the market share of Chinese automakers is projected to rise to 13% from the current 3%.
* Outside China, the market share of Chinese automakers is projected to rise to 13% from the current 3%.
* According to Alixpartners, Chinese automakers have cost advantages, localized production strategies and highly-tech enabled vehicles. For instance, they have a 35% "made-in China" cost advantage and can produce their vehicles in half the time taken by legacy automakers (40 months vs 20 months).


[[File:AlixPartners-CNBC.png|left|thumb|679x679px|Source: CNBC]]
[[File:AlixPartners-CNBC.png|left|thumb|679x679px|Source: CNBC]]