Categories: Business

Warnings fair: German companies are too slow with E-cars in China

Warnings fair: German companies are too slow with E-cars in China

Visitors through the international car exhibition “Auto China 2020” in Beijing. Photo: -/kyodo/Reuters

© dpa-infocom GmbH

At the auto show in Beijing, China presents itself as a lead market for electric mobility. The government is promoting E-cars, limited to a gasoline engine. But the right products is a lack of German car manufacturers still?

German car maker will have to work according to the assessment of industry experts, stronger, with the rapid development of electric cars in China to compete.

At the international auto show in Beijing, the German company consultant Peter Hage from the Districom Group on Sunday, the German press Agency, said: “with regard to electric mobility, it is not necessary to say to you.” Overall, German manufacturers would have on the world’s largest market for E-mobility “to date, very few models really sales”.

The “Auto China 2020” in China’s capital, is the first major international exhibition since the beginning of the pandemic. China, where the Coronavirus was discovered in December first, brought the outbreak with stringent measures, largely under control and is no longer hardly any local infections. So in the spring, initially suspended exhibition, which is one of the largest in the auto world can be made up, now.

“The lead market in electric mobility in China by a big margin,” said the expert Stefan Bratzel from the Center of Automotive Management (CAM). “You have to be very careful not to be as it is not lost if you invested.” The government would do much for the promotion. There are subsidies and incentives for buyers. Many of the metropolises of limited gasoline. Charging stations would be expanded. Chinese are more open to technical innovation, mostly in the city, and less long distances over Land. “Due to China German car maker had to put the E-mobility is much higher on their Agenda, because the pressure is enormously strong.”

So far, more than four million electrically powered vehicles on China’s roads already. This year alone, one Million E-cars sold. The sales are growing significantly faster than that for gasoline vehicles. “The share of the passenger car market, with five to six per cent, although still comparatively low, but by 2025 it is expected to be 20 to 25 percent E-cars,” said the Secretary-General of passenger car Association (CPCA), Cui Huangshan. Then should be sold, according to estimates, four million E-cars per year.

BMW-China-in-chief Jochen Goller did not dpa-demand to the warnings that the German auto maker would have the right products for E-mobility. “Until today, you may perhaps have been right,” said Goller. However, to have developed the demand in the first place. “For the first Time, we see that there is a market,” said Goller, who spoke of a “great marketplace”. BMW offer so now each of his new models not only with gasoline but also electrically. This week, the production of the electric city all-terrain vehicle iX3 starts in China.

Overall, German manufacturers from the point of view of Districom-Chef Hage to come but slowly to the market. While they were enjoying in China high Reputation. “You could come with your brand much more into the business, but so far the products,” said the consultant, who has 16 years in the automotive industry in China. “The longer this Situation lasts, the stronger it is possible for other providers, particularly Tesla, to occupy this field.”

Others might present themselves as an attractive leader in innovation, and argue: “We might not have a hundred years of brand history, and perhaps no wood interior and three types of leather – but nobody is better than us, in terms of the future. And the future is now.” German car maker would also need to listen more to what the customer really wanted, and in the development of new vehicles and services pragmatic.

At the beginning of the US manufacturer Tesla world had been more at the forefront of Innovation, said Hage. In the width but I have forced the world’s largest auto market in China, the German car industry, “faster E-mobility and Innovation, add to contact”. However, there are more and more competitive, noted the expert, among other things, on Chinese Start-Ups such as Nio, Xpeng, the Geely subsidiary Lynk@Co or WM (world champion), some of which just billion to investors to collect funds. “The window is getting smaller and smaller,” said Hage. “And there are more and more players, especially in the Chinese market.”

dpa
Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

Anubis Chain Announced as Primary Exhibition Sponsor for Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is proud to announce that Anubis Chain has officially joined…

12 hours ago

Digital Reserve成为2026香港Web3嘉年华二级展位赞助商

Digital Reserve已确认加入2026香港Web3嘉年华,将作为二级展位赞助商为大会提供支持 Digital Reserve 是一家澳洲持牌的加密货币出入金与交易平台,深耕行业多年、穿越多轮牛熊周期,凭借对华人市场的深刻理解、完善的银行通道与高质量服务,持续为专业客户提供稳定、顺畅的数字资产流动解决方案。更多信息: https://digitalreserve.net/ 香港Web3嘉年华是由万向区块链实验室与HashKey Group联合推出的Web3活动品牌,由W3ME承办,自2023年起于每年4月在香港会议展览中心举办,聚焦行业热点话题与政策趋势,是亚洲规模最大、最受关注的Web3行业盛会之一。 2026香港Web3嘉年华将于4月20日-23日在香港会议展览中心盛大举行。自2023年首届举办以来,香港Web3嘉年华已飞速成长为全球最具影响力的加密峰会之一,为全球东西方交流构建了一个高规格、高质量、高纵深的平台。过往三届盛会累计吸引超10万名现场参会者,汇聚超350个前沿项目参加,邀请超1200位演讲嘉宾分享,并衍生超400场周边活动,成功构建了一个以大会为核心、辐射全港的活力生态圈。 目前,香港特别行政区财政司司长陈茂波,香港证监会中介机构部执行董事叶志衡,万向区块链董事长、Hashkey Group董事长兼CEO肖风,香港特别行政区立法会议员(科技创新界)邱达根,Solana Foundation总裁Lily Liu,MatrixPort创始合伙人及首席商务官Cynthia Wu,Animoca Brands联合创始人兼董事长Yat Siu,全球金融科技学院院长及新加坡社科大学教授李国权,Pantera…

4 days ago

Digital Reserve Joins the Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor

Hong Kong, 26th February 2026, Another week, another exciting addition to the Hong Kong Web3…

5 days ago

卓锐证券成为2026香港Web3嘉年华白金赞助商

Hong Kong, 5th March 2026, 卓锐证券已确认加入2026香港Web3嘉年华,将作为白金赞助商为大会提供支持。 卓锐证券(香港)有限公司(中央编号:BRE865)是香港证监会认可持牌法团,持有第1、2、4、5、9类牌照。作为全港增速TOP1的持牌虚拟资产券商*,卓锐证券专注构建合规安全的交易生态,实现传统资产与加密货币的无缝流动。通过自主研发的一站式交易平台“ZR”,投资者只需一个账户,即可借助AI赋能的机构级视野,灵活配置股票、ETF及加密货币。了解更多:https://www.zr.hk/ 香港Web3嘉年华是由万向区块链实验室与HashKey Group联合推出的Web3活动品牌,由W3ME承办,自2023年起于每年4月在香港会议展览中心举办,聚焦行业热点话题与政策趋势,是亚洲规模最大、最受关注的Web3行业盛会之一。 2026香港Web3嘉年华将于4月20日-23日在香港会议展览中心盛大举行。自2023年首届举办以来,香港Web3嘉年华已飞速成长为全球最具影响力的加密峰会之一,为全球东西方交流构建了一个高规格、高质量、高纵深的平台。过往三届盛会累计吸引超10万名现场参会者,汇聚超350个前沿项目参加,邀请超1200位演讲嘉宾分享,并衍生超400场周边活动,成功构建了一个以大会为核心、辐射全港的活力生态圈。 目前,香港特别行政区财政司司长陈茂波,香港证监会中介机构部执行董事叶志衡,万向区块链董事长、Hashkey Group董事长兼CEO肖风,香港特别行政区立法会议员(科技创新界)邱达根,Solana Foundation总裁Lily Liu,MatrixPort创始合伙人及首席商务官Cynthia Wu,Animoca Brands联合创始人兼董事长Yat…

5 days ago

DeZero Launches the World’s First AI ‘Second Brain’ for Crypto Traders

Abu Dhabi, UAE, 3rd March 2026, ZEX PR WIRE, DeZero has just announced its public…

7 days ago

AlloX Launches AI-Powered Investment Platform with $25,000 USDT Prize Pool for Early Participants

British Virgin Islands, 27th February 2026, ZEX PR WIRE, AlloX is an AI-powered capital allocation…

1 week ago