The exhibition, which is the largest for cars in… EuropeThis year is at a pivotal time when needed Automotive manufacturing companies European companies are struggling to prove they are still competitive while Chinese companies seek to gain a foothold in a competitive market.
“It’s a matchup,” said Phil Dunn, managing director of strategic consulting firm Stax China And Europe, it is the arena in which they chose to fight… The Europeans say this is their domain while the Chinese come to prove their right.”
Nine Chinese brands will unveil their latest models at the show this year, according to Paris Motor Show CEO Serge Gaschot. And I competed China Such a number at the 2022 exhibition when it represented nearly half of the participating brands.
But this year, this number will constitute only about a fifth of the brands participating in the exhibition, amid the much stronger performance of the automotive industry in Europewhich indicates the insistence on defending its dominance over the sector.
Earlier this month, European Union member states narrowly supported imposing import tariffs on electric cars manufactured in China of up to 45 percent, aiming to counter what the European Commission says are unfair subsidies from Beijing to Chinese manufacturers. Beijing denies unfair competition and has threatened countermeasures.
