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  • The European Commission proposes an additional tax on Chinese BEVs
    21 8月 2024
    24-18-1
    We recently saw that Chinese brands have 2.5% of the European market (30 countries) on the first four months of 2024, and 8.5% of the European BEV market. Furthermore, Inovev has analysed that, even in the specific case of the French market, where subsidies on the purchase of models imported from China have been discontinued, Chinese cars currently remain competitive.
     
    Today, these cars risk becoming less competitive, as the European Commission has just proposed to increase their customs duties due to "subsidies considered unfair" which would be attributed to Chinese carmakers exporting their battery electric vehicles to Europe. These subsidies would make the cars cheaper than their European competitors, thereby distorting the market. This proposal follows an investigation carried out by the European Commission to verify the existence and quantify these "unfair subsidies" from which Chinese carmakers would benefit, causing serious economic prejudice to European carmakers.
     
    The system proposed by the European Commission aims to introduce a different level of taxation for each carmaker, for example 17.4% for BYD, 20% for Geely or 38% for SAIC (MG), the best-selling Chinese brands in Europe. By default, the additional tax would be 21% for carmakers who cooperated with the survey, and 38% for those who did not.
     
    The Chinese authorities have strongly criticised this proposal, accusing it of being a protectionist measure, and German carmakers are also highly critical, pointing to the negative effects of these measures, as they could suffer a similar response from the Chinese authorities as Germany exported 250,000 cars to China in 2023, representing over 97% of European automotive exports. It should also be noted that nearly 5 million licensed European vehicles are assembled in China (see next slide). These measures may have different consequences: It could accelerate the construction of Chinese carmakers' factories in Europe and in European nearby countries, push Chinese carmakers to switch to ICE or PHEV technologies, or even create an additional tax on European vehicles imported into China (350,000 units in 2023), mainly from Germany (250,000 units in 2023).
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  • Production of passenger cars in Czech Republic has been multiplied by 2 since 2005
    07 8月 2024
    24-17-3
    Production of cars in Czech Republic has grown considerably since the end of the Communist regime in 1991 and the takeover of the only national company, Skoda, by the German carmaker Volkswagen in the same year. But it was above all from the 2000s onwards that the Czech Republic saw its production increase sharply, thanks to the expansion of the Skoda range in the sedan category (Fabia, Scala, Octavia, Superb) and above all in the SUV category (KamiqKaroqKodiaqEnyaq), as well as to the Japanese and Koreans, on the one hand the Toyota plant in Kolin in 2005 and on the other the Hyundai plant in Nosovice in 2008.
     
    Between 2005 and 2023, the Czech Republic's production volume doubled from 600,000 units to 1,223,000 in eighteen years. This makes the Czech Republic Europe's third-largest producer of passenger cars, behind Germany and Spain, but ahead of France.
     
    If we compare the Czech Republic with France and Slovakia (all three countries have produced roughly the same number of passenger cars since 2020), we can see that the steady growth of Czech car production has enabled it to finally overtake French car production. French car production, having relocated extensively to Southern and Eastern Europe, has been in constant decline since the early 2000s. The two curves crossed in 2020. Since then, the Czech Republic has produced more passenger cars than France.
     
    In terms of light vehicles production (passenger cars + light utility vehicles), France is still ahead of the Czech Republic because France produces a lot of LUVs, while the Czech Republic doesn't produce any at all.
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Circle Grey 数据表格
 
Excel-icon   情报市场 ---------------------------------------------------------  
 
 
 
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Extract #1
 Main features
 
Sample
 - Content: Production data of passenger cars and utility vehicles detailed by country and carmakers
 - Geographical scope: Worldwide
 - Time coverage: Past (yearly) and current year (monthly)
 - Updates: Monthly
 
file104-Sample
Click on the image to download an Excel sample file
 
 Extract #2
 Main features
 
Sample
 - Content: Registrations data of passenger cars and light utility vehicles detailed by country and carmakers
 - Geographical scope: Europe
 - Time coverage: Current year (monthly)
 - Updates: Monthly
 
file004-Sample
Click on the image to download an Excel sample file
 
 
 
 
Actions-office-chart-line-stacked-icon   市场数据 ---------------------------------------------------------  
 
Market charts production Czech
Market charts production Indonesia
Market charts production Russia
Market charts production Austria
Market charts production India
Market charts production South Korea
Market charts production Spain
Market charts production Malaysia
Market charts production Mexico
Market charts production Thailand

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reports-icon   执行报告------------------------------------------------------

Production-MonthlyDashbord-12 Page 1

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