For Chinese cars to dominate the roads, they lack three things: recognition, reputation and heritage.
The first two are no problem. To become recognizable and build a good reputation, it is enough to produce high-quality cars. Buyers will be more interested in Chinese cars once they prove to be competitive, and will in no way be inferior to, and even surpass, competitors. This directly affects the image. This is exactly what the automakers of Japan, and then South Korea, once did.
Heritage is more complicated. China does not boast a long history of car production, traditions and contribution to the history of car creation. That is why it is so difficult for brands from the Middle Kingdom to enter the premium segment, where traditions and heritage are particularly valued.
But the road to global recognition has already begun. In 2021, more than 125 Chinese brands sold 13.2 million of their vehicles worldwide (including the domestic market). This is 21% more than in 2020. At the same time, the growth of car sales in the world was then 6%, which means that with a growth of 21%, China has significantly increased its market share.
Stats from Motor1.com
Of the 13.2 million cars, about 885,000 were sent abroad. That is, exports grew by 113% compared to 2020. What the indicators of 2022 will be, we will know very soon.
- A new urban crossover is on display – it will go on sale soon.
- “Driving” can also be read on Viber.