The European Union fears the lack of competitiveness in the face of Chinese markets, which have invaded European countries with environmentally friendly and low-carbon vehicles.
The European Union fears the lack of competitiveness in the face of Chinese markets, which have invaded European countries with environmentally friendly and low-carbon vehicles. Here, Ursula von der Leyen, President of the European Commission, announced a competition investigation into market distortions caused by Chinese subsidies for electric vehicles in the EU and their superiority over other European countries. At the same time, von der Leyen emphasized the need to continue dialogue with China, explaining that “there are issues we need to work together on with China.” At the joint EU-China summit in 2023, the European Commission attempted to take the position that the risks stemming from China’s dominance of the European auto market must be mitigated.
The President of the European Commission delivers her State of the Union address to the European Parliament every September, outlining her policy priorities. Another major challenge is combating climate change, a gap that China has exploited in understanding the requirements of the European auto market by producing environmentally friendly vehicles and cars that suit European tastes.
To reduce dependence on Chinese products, the European Union has concluded agreements with countries, such as Chile, through joint European investments, particularly in the field of technological development.
On the other hand, Europe’s largest industry, the automotive industry, is facing a fateful moment as the European Union’s commitment to a complete ban on gasoline engines by 2035 approaches. However, a growing chorus of voices within the sector is warning that the current path could backfire and that it might be better to adopt the “Chinese model,” which balances fully electric and hybrid vehicles, rather than relying on a single option.
New energy vehicles, as representatives of China’s green and low-carbon products, are selling well in Europe. There are many positive impacts, as I believe this phenomenon has on global climate governance and on countries’ fulfillment of their Nationally Determined Contributions (NDCs).
China’s sale of new energy vehicles (NEVs) to Europe has positive impacts on climate governance by accelerating the transition away from fossil fuels in the European transport sector, supporting the achievement of the Paris Agreement’s emissions reduction targets. This exchange also helps countries meet their climate commitments by providing low-carbon technologies at lower costs, facilitating Europe’s achievement of its Nationally Determined Contributions (NDCs), and encouraging innovation in the electric vehicle sector globally.
– The impact of China’s sale and transfer of new energy vehicles (NEVs) from China to Europe on climate governance is through:
1) China’s assistance to Europe in accelerating the transition to clean energy:
The import of electric vehicles from China promotes the rapid transformation of the European transport sector, reducing reliance on fossil fuel-powered vehicles and reducing greenhouse gas emissions in importing regions.
2) China’s support for achieving the Paris Agreement goals in Europe:
This exchange enables European countries to achieve the ambitious goals of the Paris Agreement by providing sustainable transportation that reduces their carbon footprint.
3) China’s Encouragement of Innovation and Competitiveness to Enhance Climate Governance in Europe and Globally:
Competition among manufacturers in this growing market fosters innovation in electric vehicle technology, reduces costs, and increases the attractiveness of products to European consumers, driving wider adoption of these technologies.
4) China’s Leading Global Role in Transferring Technology and Knowledge to Europe to Maintain Environmental and Climate Balance:
Commercial interaction can contribute to the transfer of technical and technological knowledge in the field of electric vehicles, enhancing Europe’s technological capabilities and encouraging sustainable manufacturing practices.
– Future Chinese plans and programs to contribute to European countries and the world fulfilling their Nationally Determined Contributions (NDCs), through:
1) China’s Encouragement of Europe and the World to Reduce Emissions:
Electric vehicles contribute significantly to reducing emissions in the transportation sector, a key sector in many countries’ climate action plans, helping them achieve their NDC targets.
2) China’s Call for Sustainable Transportation Goals:
Vehicles imported from China support the required shift in transportation patterns toward less environmentally harmful systems.
3) China’s Encouragement of Innovation and Demand for Green, Environmentally Friendly New Energy Products in Europe and Around the World:
The availability of efficient and competitively priced new energy vehicles from the Chinese market stimulates European and global demand and is a key factor in achieving long-term climate goals.
Through the above analysis, we understand China’s role in supporting the European Union’s environmentally and climate-friendly automotive and vehicle industry. Chinese investment in Europe’s green economy is expected to yield significant and fruitful results, despite some concerns and reservations.
MD does not stand behind any specific agenda, narrative, or school of thought. We aim to expose all ideas, thinkers, and arguments to the light and see what remains valid and sound.
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