Renault Chairman of the Board Jean-Dominique Senardwas the last to speak about the Chinese auto concern in Europe.
As you know, the automobile industry has been changing rapidly in recent years, and completely electric cars are at the center of this change.. Since electric cars have much fewer parts than standard models, they can be easily produced by new generation companies that do not have a deep-rooted history. In this way, there is an incredible current in the electric car market. There is an explosion of Chinese models. That’s exactly what he’s talking about Renault Chairman of the Board Jean-Dominique Senardas part of an interview, gave an impact on Europe’s growing electric vehicle (EV) sector as Asia’s superpower dominates the key raw materials used to make batteries for zero-emission cars. of the Chinese storm is approaching told. In addition, Senard said China’s recent decision to restrict exports of two metals, gallium and germanium, which are used in semiconductors and electric vehicles, should raise red warning flags for European leaders as it demonstrates the continent’s over-reliance on China and the need to build a costly supply chain. . Senard also “When I talk about the Chinese storm, I am talking about the strong pressure from China to import electric vehicles to Europe today” said. Senard added that China’s electric vehicle industry and raw material supply chain are the result of years of investments costing billions of euros. “We have the capacity to manufacture electric vehicles, but we struggle to ensure the safety of our supplies” he said.
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In this regard, Stellantis’ CEO in the past months Carlos Tavares He made some important statements. Tavares now Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram with vauxhall leading brands such as Of course, the Chinese are aware of the danger. Tavares, politicians in Europe “Stellantis, BMW And Volkswagen” If it does not take action to assist companies such as He stated that European companies would enter into a terrible war with their Chinese rivals. Stating that the price difference between European and Chinese-based vehicles is very high, Carlos Tavares at the same time “If the current situation does not change, middle-class European customers will increasingly turn to Chinese models. Because the purchasing power of many people in Europe is visibly decreasing” said. Due to European regulations, vehicles produced in the region are compared to competing models produced in China. Tavares also said that it is about 40 percent more expensive. in his statement, “This is a very bleak scenario. “But it doesn’t have to be this way.” said. Tavares If European politicians fail to protect local producers, He also stated that they will have to move production to cheaper countries in order to reduce costs and compete directly with low-priced Chinese vehicles.