Electric cars: China is moving up a gear

BYD. The sign spreads out in huge white stylized letters above the window to advertise « Build Your Dreams » (“Build your dreams”). The BYmyCAR car dealership on boulevard de Sébastopol in Paris is now entirely devoted to this Chinese manufacturer, the number one electric vehicle in the world, hitherto unknown in France. “We decided to partner with BYD because they offer very high quality vehicles, 10% to 30% cheaper than the competition with all the options included”, justifies Jérémy Soucaille, sales manager.

BYD vehicles will soon be present in several French stores of this high-end distributor, which sells 22 brands including Audi, Alfa Romeo, Porsche, BMW and Mercedes. Announced at the last Paris Motor Show, BYD’s arrival in France is one of the harbingers of a Chinese tsunami on the European market. Their share of electric vehicle sales could increase from 5% last year to 18% by 2025, according to the European Federation for Transport and the Environment.

The experts are unanimous: the transition to electric mobility will completely disrupt this industry to the benefit of manufacturers in the Middle Kingdom. China is already overtaking Germany as the world's largest auto exporter. Six of the world's ten best-selling electric brands are chin

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Source : Nouvelobs

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