England could become a home for Chinese vehicles
- Several countries have announced that they will suspend the sale of cars with combustion engines between 2025 and 2040. These are the following countries, mainly European: 1 / By 2025: Norway. 2 / By 2030: Ireland, Iceland, Denmark, the Netherlands, Sweden, Slovenia and the United Kingdom (except hybrids). 3 / By 2032: Scotland. 4 / By 2035: United Kingdom (excluding Scotland) and California. 5 / By 2040: France, Spain and Canada. More countries will most likely be added to this list in the coming years. It remains to be seen whether these announcements will be scrupulously respected.
- Let us take a look at the United Kingdom: this country, which had recently been detached from the European Union, saw its national automobile production sink in the 1980s, before calling on Japanese manufacturers to revive an automobile activity in the country. Brexit will see these manufacturers desert the country (Honda, Nissan, Toyota). There is therefore still the possibility for England to call on new manufacturers to relaunch an automobile activity in the country, if the automobile industry remains a strategic industry for the United Kingdom. And who else than Chinese manufacturers could meet this potential demand from UK?
Chinese carmakers will export their electric vehicles to Europe throughout the 2020s, and it will be relevant - once the volume of these exports is large enough - to transfer the production of these vehicles to Europe. England could therefore eventually become a welcoming land for Chinese vehicles and thus offset the amount of customs duties with traditionally low prices for Chinese vehicles, even electric ones, which England could sell throughout Europe.
Chinese carmakers will export their electric vehicles to Europe throughout the 2020s, and it will be relevant - once the volume of these exports is large enough - to transfer the production of these vehicles to Europe. England could therefore eventually become a welcoming land for Chinese vehicles and thus offset the amount of customs duties with traditionally low prices for Chinese vehicles, even electric ones, which England could sell throughout Europe.
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