Defeating Japan and South Korea, domestic new energy vehicles have entered the BBA nest, and the ele

The EV war is indeed on the verge of breaking out. In recent years, the global automobile market has shifted from fuel to pure electrification, and domestic cars finally have a chance to take off. Under the leadership of Wei Xiaoli, established companies such as BYD, Great Wall, and Geely are all working hard to increase their market share.

According to the Financial Times**, a report by the German China Research Institute Mercator shows that Chinese electric vehicles will become the second largest market in Europe after Germany in 2022. A report from the American Electric Vehicle Internet said that Chinese electric vehicles have become the most popular electric vehicles in Europe, which is "not surprising", which is enough to see that Chinese electric vehicles have "started a war" to overseas markets.

According to the Japanese edition of South Korea's "Korean National News", data released by an automobile market research company shows that of the 896 newly registered electric vehicles in South Korea, 399 are produced in China, accounting for 2020 and 2021, respectively. Singapore's "Lianhe Zaobao" published a news item on **, about a middle-class family in Singapore who finally bought an electric car made in China after layers of screening. The report also states that the market for electric vehicles in ASEAN countries will exceed US$2.6 billion by 2027.

Chinese automakers have seen this opportunity and they have planted a seed in Singapore's EV market. <>

It is understood that since last year, a number of new energy vehicle companies in China have embarked on the road of sailing, and China's new energy vehicle industry has set off a trend. NIO has established itself in Norway and plans to expand to 5 European countries within the year and to 25 countries by 2025. <>

Generally speaking, compared with the old car manufacturers in Europe, the United States, Japan and South Korea, the determination and investment of domestic automobile manufacturers in the transformation are larger, especially in the fields of power batteries and intelligence, which is also the best opportunity for domestic automobile companies to "reverse output". It's like the Japanese auto industry, which, during the oil crisis of the seventies, expanded its market to the United States.

The electric vehicle war is indeed about to break out, because electric vehicles are the main trend in the future, and electric vehicles will become mainstream in the future market.

China's new energy vehicles and Japan and South Korea's new energy vehicles have produced a very fierce competition, which also shows that new energy vehicles have become the development trend of the market, so such a war will definitely break out.

At present, domestic new energy cars are still very popular, especially BYD ideal, etc., these cars have sprung up. It is likely to put competitive pressure on foreign cars.