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home > industry news > the future of collision: the "catfish effect" of chinese electric vehicles in europe
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“healthy competition” drives progress: andrea levy, chairman of the italian auto show, visited the booths of many chinese companies with great interest and observed the rapid rise of chinese new energy vehicles in the european market. he believes that china's investment in the electric vehicle industry over the past decade has achieved amazing results, especially in the intelligentization of electric vehicles, where it has obvious advantages. italy and europe are very good at design and marketing, while china is better at technology. levy said that the high technology and quality of chinese automobile companies can help improve the competitiveness of european partners.
**the "catfish effect" promotes the upgrading of competition: **the emergence of chinese new energy vehicle companies has driven the upgrading of the european automobile industry and also triggered a new competitive landscape. dutch automobile dealer gomes group decided to introduce lantu, a high-end new energy brand under china's dongfeng motor. its head, sher rijn, said that they found lantu's quality during the test. he recalled: "in wuhan, we witnessed the operation of self-driving cars."
**win-win cooperation: **chinese and european companies have recently reached a number of cooperation agreements in the field of new energy vehicles. stellantis group and leapmotor have established a joint venture and plan to launch a number of new models for the european market by 2027. volkswagen is working with china's xiaopeng motors to seek business expansion in the software field.
challenges facing the european automotive industry: viktor eszterhay, a researcher at the john lukacs institute of the national university of administration in hungary, pointed out that if chinese products are squeezed out of the european market, the competitiveness of european products will be further weakened globally. "europe cannot distort the market just because it is at a competitive disadvantage, which may have serious counter-effects."
the future is full of hope: chinese electric vehicles have brought a "catfish effect" to the european market, promoting the escalation of competition. when italian audience vincenzo dilio saw chinese electric vehicles at the turin motor show, he exclaimed: "i believe that chinese electric vehicles with good quality and low price will definitely be integrated into europe and become part of the future life of european people."