Unique Interview ｜ Commerce protectionism harms EU-China auto business cooperation and European industrial transformation – Interview with German auto professional Dudenhoefer – Xinhuanet Shopper

Xinhua Information Company, Frankfurt, June 2Unique Interview ｜ Commerce protectionism harms EU-China auto business cooperation and European industrial transformation – Interview with German auto professional Dudenhoefer

Xinhua Information Company reporter Shan Weiyi

Ferdinand Dudenhoefer, a German automotive economist and president of the Bochum Automotive Analysis Institute, lately accepted an unique interview with a reporter from the Xinhua Information Company and stated that it’s mistaken to take commerce safety measures to take care of a rise in business. China’s electrical car. strategy and it’ll not solely hurt Europe and China.

Dudenhoeffer clearly opposed the EU’s imposition of tariffs on electrical automobiles exported from China. He stated the European Fee launched a counter-investigation into China’s electrical automobiles and accused China of unfair subsidies and not using a factual foundation. China’s new vitality automotive business doesn’t depend on subsidies to help improvement, however it promotes enterprise improvement and will increase worldwide competitiveness via the dimensions impact of an entire industrial provide chain and a big market.

In his opinion, Renault Dacia’s pure electrical mannequin “Dacia Spring” is a transparent instance. This mannequin is developed and manufactured in China by Yijiet New Vitality Car Co., Ltd., a three way partnership established by the Renault-Nissan Alliance and Dongfeng Motor in China.

“There isn’t a doubt that the ‘Dacia Spring’ acquired no subsidy from the Chinese language authorities, and it stays probably the most reasonably priced fashions on the European automotive market. This instance strongly illustrates the European Fee’s coverage on Chinese language electrical automobiles. The counter investigation has no foundation and is only primarily based on political motivation,” he stated.

“Some great benefits of China’s vehicle business are created after 20 to 30 years of funding within the new vitality business, analysis and improvement of expertise and different elements. It’s a aggressive benefit that’s created naturally and competitors just isn’t unfair truthful there.”

He stated that as shopper enthusiasm will increase, market measurement expands and competitors will increase, China’s auto business can create a virtuous circle, and automotive firms have extra incentive to advertise technological updates and iterations and speed up the transformation to digitization and intelligence.

Dudenhoefer identified that imposing tariffs on Chinese language electrical automobiles may trigger losses to automakers from varied nations which are actively growing in China. Essential automotive producers in Europe corresponding to Renault, BMW, and Mercedes-Benz have chosen to provide some electrical fashions in China after which export them to Europe on the market.

Dudenhoefer stated that what’s much more worrying is that the tariff measures would hinder the digital transformation of the European automotive business. On the one hand, main German automotive manufacturers usually see China as their most necessary gross sales market and accomplice. German vehicles.” “.

Alternatively, the entry of Chinese language model electrical automobiles into the European market will assist promote competitors and innovation, improve the vitality of the European automotive business, and encourage native firms to carry cheaper electrical fashions. to impact. If this type of competitors now not exists, the electrification and digital transformation of the European automotive business will decelerate, and it might take longer to launch fashions which are accessible to European customers.

“It’s fully mistaken to take defensive measures and attempt to ‘separate’ from China.” Dudenhoefer believes that China, which is actively growing new vitality passenger vehicles, is according to the long run improvement path of passenger vehicles and is the strongest and strongest in China’s new vitality car market. , which is why German automotive manufacturers have considerably elevated funding in China.

“Within the world inexperienced transformation course of, we’d like participation and cooperation. China has new vitality expertise and first-mover benefits, which is an important a part of world cooperation. If we work collectively and work collectively, we will obtain our widespread imaginative and prescient and create a greater future for everybody.” It can carry advantages to the folks of China, Europe and even the world,” stated Dudenhoefer.