April 27, 2024

· British media: foreign automakers in China's electric car boom

Beijing said that by 2020, automakers must meet strict new environmental standards to reduce serious pollution in Chinese cities. Domestic car companies rely mainly on electric vehicles to achieve their goals, while foreign counterparts choose another route and continue to use gasoline-driven methods.
Last week, Audi in Germany opened a new transmission plant in Tianjin, which will be used in gasoline-powered cars. In the world's largest auto market, Chinese companies are on the road to electric, and Audi tends to run more fuel-efficient gasoline engines and hybrid technology.
According to Beijing's 2020 requirements, the average fuel consumption of automobiles must be less than 5 liters per 100 kilometers, which is nearly 30% lower than the current standard. Beijing has introduced a series of measures to encourage domestic automakers to build more electric vehicles and plug-in hybrid vehicles. Driven by this, sales of “new energy vehicles” increased by three times in 2015. Foreign car companies must consider different factors – how their production strategies in China connect with traditional businesses and customers in Other regions.
Of course, foreign car companies cannot completely avoid new energy vehicles. GM promised to invest $4 billion in electric vehicles in China last year, and developed 10 new energy vehicles by 2020.

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