EU China cooperation will open up a 'golden path' for the development of the automotive industry
2024-12-25
Ferdinand Dudenhofer, an authoritative expert in automotive economics in Germany and the director of the Bochum Automotive Research Institute, recently stated in an interview with Xinhua News Agency that international cooperation has always been the key to the development of the automotive industry, and enhancing cooperation between Europe and China in the automotive industry will pave the way for a "golden road" for industrial development. Dudenhofer said that the development of the automotive industry involves many segmented fields, and only by concentrating the advantages of each field can the best cars be manufactured. International cooperation in the automotive industry is a 'multiplication' that will achieve the effect of 'one plus one is greater than two'. On January 26th, employees worked at NIO Energy's European factory in Biotorbagi, Hungary. As a scholar who has long conducted in-depth research on the German automotive industry, Dudenhofer clearly opposes the EU's imposition of tariffs on Chinese electric vehicles. Firstly, with the implementation of tariffs, the interests of car companies from various countries producing electric vehicles in China, including BMW, Mercedes Benz, and other European companies, will be harmed. It is absurd for European car companies to pay anti subsidy tariffs to the EU for selling cars in Europe. It is unbelievable that the EU's decision-making process is so detached from reality, "he said. Secondly, the prospects for the electrification transformation of the EU automotive industry will be dragged down, and the "European Green Deal" may fail. He pointed out that the imposition of tariffs will affect the sales volume of the European electric vehicle market, making it difficult to further expand the supporting charging infrastructure, and affecting the healthy development of battery production bases and industrial transformation. The economic value destroyed by the EU through tariff measures is difficult to estimate. Furthermore, the EU's trade protectionism will undermine the interdependent and mutually beneficial economic cooperation between Europe and China, and harm the interests of businesses and consumers as well as the fair competition in the international trade environment. He said that imposing tariffs would harm others and oneself, and the development of the German automotive industry would be seriously affected. This is an unwise and very wrong decision. Dudenhofer believes that competition from Chinese companies is beneficial for the development of the European automotive industry and also for enhancing cooperation between Europe and China. The Chinese economy is dynamic and developing at a fast pace, and competition from Chinese car companies can stimulate the vitality of European companies. He said that not every company has first-class technology and products in every field and sub sector. Chinese enterprises can provide technical support in areas such as batteries, software, artificial intelligence, and autonomous driving for the European side, while the European side can provide experience in improving chassis performance for Chinese enterprises. European and Chinese enterprises can come into contact with different ideas and concepts in competition. Both sides can form a higher quality whole by combining their respective advantageous fields, enhance cooperation in segmented fields, establish joint ventures, and have many possibilities for cooperation. "The Mercedes Benz EQE SUV was photographed in the Intelligent Automotive Chain Exhibition Area of the first China International Supply Chain Promotion Expo held in Beijing on November 30, 2023. Xinhua News Agency reporter Ren Chao, photographed by Du Deng Hefei, said that China is the world's largest automobile market and is vigorously promoting the development of electric vehicles, which is very admirable. China strives to achieve carbon peak before 2030 and carbon neutrality before 2060. The transition to electric vehicles is a manifestation of China's commitment. In his opinion, Chinese electric vehicles are excellent in both technology and quality. The report from the All German Car Club, the largest transportation association in Germany, points out that Chinese cars have performed well in multiple EU car safety tests, with mature battery technology, reasonable range, and excellent manufacturing quality. China has played a leading role in the field of electric vehicles, and its contribution is indispensable. Without China, the prospects for electric vehicles globally would be very bleak, "said Dudenhofer." China is playing a key role in the global transition to electric vehicles
Edit:Yi Yi Responsible editor:Li Nian
Source:www.new.cn
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