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The Daily Mail reported on June 30 that Chinese manufacturers are expected to export large quantities of electric vehicles to Australia as the European and American tariffs protect local automakers.
In the next two years, more than a dozen new Chinese car brands are expected to enter the Australian market. Experts say the situation is "unprecedented" and will "dramatically change the market".
Former Industry Minister Kim Carr predicts that protectionism in the US and EU will cause Chinese manufacturers to export large quantities of electric vehicles priced below $40,000 to Australia.
Australians can now buy a number of cheap Chinese electric vehicles, including the BYD Dolphin for $36,890, the MG4 for $39,990 and the Great Wall Ora for $35,990.
(Image source: Daily Mail)
Carr told the Daily Mail: "I have no doubt that there will be cheaper Chinese cars, international manufacturers have been putting vehicles into Australia, which is a testing ground for high-income economies. "The U.S. will start a trade war with China to protect their auto industry. Germany will also take steps to protect their auto industry, and there are few virtues to speak of in international trade relations around manufactured goods. ”
At present, Chinese-made electric vehicles already account for 80% of Australia's electric vehicle market, and Chinese government subsidies are expected to trigger a trade war with the US and Europe.
Kim Carr (Credit: Daily Mail)
EV Central editor Toby Hagon said more than a dozen Chinese car brands are expected to enter the Australian market in the next two years, including Zeekr, XPeng Motors, Geely, Lynk & Co, Leapmotor, Jaecoo, Changan and Nio.
"Not all of these brands have confirmed that they are either expected to come to Australia or have already expressed interest in entering the Australian market," "In the coming years, Chinese-made electric and hybrid vehicles will enter the Australian market in a big way, which is unprecedented and will dramatically change the market."
(Image source: Daily Mail)
Carr predicts that Australian car owners will increasingly embrace Chinese-made cars, just as they did Japanese cars in the 1970s and South Korean cars in the 1990s.
"At first people were resistant to Japanese and Korean vehicles, but over time they found that the quality of the products was very good."
"The quality of Chinese cars has improved dramatically, and it will improve even further, and you will see fierce competition at that time."
Chinese automakers also plan to introduce more electric and gasoline-electric hybrids to Australia, including BYD's plug-in hybrid pickup Shark, which is scheduled to launch later this year, and will compete with the Ford Ranger and Toyota HiLux.
BYD, which has overtaken Tesla as the world's largest producer of electric vehicles, will also introduce a plug-in hybrid SUV, the Sealion 6, to Australia.