McKinsey: German electric vehicle production is about to catch up with China

Posted 2021-07-21 00:00:00 +0000 UTC

Electrification is the future development direction of the automobile industry, and the production of electric vehicles in the Chinese market has always been in the first place in the world in recent years. Recently, McKinsey released the 2020 electric vehicle index report, pointing out that the electric vehicle industry is about to usher in a major "reshuffle", and the production of electric vehicles in the Chinese market may be overtaken by German car companies. According to the report, by 2024, the share of German car companies in global electric vehicle production will increase from 18% in 2019 to 29%. At that time, the production of electric vehicles in Germany will exceed 1.7 million, or it will become the champion of electric vehicle production in the global market. It is novel coronavirus pneumonia that the Gigafactory motor factory has not been included in the Berlin 4 plant near Germany. In 2019, the number of new car registrations of electric vehicles and hybrid vehicles in Germany increased sharply, and the focus of development of Daimler and other German car companies will gradually shift to electric vehicles. Based on the above factors, McKinsey released this favorable forecast. In addition, the German government also provides rich car purchase subsidies for new energy vehicle users, who can receive up to 6000 euros (about 46000 yuan) of car purchase subsidies. In China, novel coronavirus pneumonia has been identified by the Executive Council of the State Council. It has been renewed for two years and other measures to purchase and exempt vehicle purchase tax for new energy vehicles. With the steady resumption of work in the domestic market, compared with the situation that the epidemic is still spreading in the overseas market, it is still unknown who will win the battle of electric vehicle production in the future. McKinsey had optimistic forecast that the German electric vehicle production will surpass China as soon as 2021, and car house will continue to pay attention to this process for you.

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