Let's not forget that SAIC is a state-owned enterprise, is Europe deliberately suppressing our national team? With the rapid rise of China's automobile manufacturing industry, especially in the field of new energy vehicles, SAIC, as a leader in China's own brands, not only occupies a leading position in the domestic market, but also shows strong competitiveness in the international market. However, as SAIC gradually increases its global presence through technological innovation and market expansion, it also faces increased challenges, especially from the European market.
Recently, the European Union announced that it would impose temporary tariffs of up to 48.1% on China's new energy vehicles from July 4, of which the SAIC MG brand was subject to additional tariffs of up to 38.1%. This decision undoubtedly poses a huge challenge to SAIC, but from another perspective, it also reflects the European recognition of the competitiveness of SAIC's products and the sense of threat it raises.
In addition, SAIC's technological advantages are an important support for it to gain a firm foothold in the global market. The company's recently announced results with a maximum indicated thermal efficiency of 48.1% not only demonstrate its global leadership in powertrain efficiency, but also pose a direct challenge to the technical field of traditional European car manufacturers. This achievement is a national-level certification obtained by the Shanghai Motor Vehicle Testing and Certification Technology Research Center, which fully demonstrates the important role of state-owned enterprises in promoting national scientific and technological progress and industrial development.
As one of the core brands of SAIC, Roewe has also made remarkable achievements in technological innovation and market development. The Roewe D5X DMH is not only the standout hybrid SUV in the market, but also performs well in a number of safety and performance tests this year. In addition, the Roewe brand actively explores the international market, and strives to win more consumer recognition through the dual advantages of technology and service.
Looking to the future, SAIC said that it will continue to maintain open communication and cooperation with global automotive industry partners, including Europe. The company will take all necessary legal and commercial measures to effectively protect its legitimate rights and interests and the interests of global customers. At the same time, SAIC is also actively adjusting its global strategy, building green factories and R&D centers in important markets such as Europe, and further localizing production and services to adapt to the changing international trade environment.
In summary, although the high tariffs of the EU have brought a lot of challenges to SAIC, it is also a certification of its technology and market strength. As a member of the national team, SAIC has established a position in the global automotive industry that cannot be ignored with its excellent technology and tenacious marketing strategy. In the future, SAIC will continue to uphold the concept of openness and cooperation, and work with global partners to promote the green transformation and technological innovation of the automotive industry to create a better future.