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Home»Business
Business

The Paris Motor Show commences amidst rising tensions in the EV trade war between the EU and China

October 18, 2024No Comments2 Mins Read
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Manufacturers at the Paris Motor Show are introducing new, cheaper electric models in an effort to attract a wider range of customers, from luxury clients to teenagers who are not old enough to drive yet. The show, which has a long history dating back to 1898, has drawn a strong presence from Chinese manufacturers, despite threats of punitive tariffs on their electric vehicles by the European Union. Established European carmakers are also showcasing new electric efforts to compete in the growing market for electric vehicles.

Chinese EV startups like Leapmotor and XPeng are showcasing their latest models at the Paris Motor Show, incorporating artificial intelligence technology into their designs. Leapmotor unveiled a compact electric SUV and a smaller electric commuter car with competitive prices, while XPeng introduced a sleek sedan called the P7+. These Chinese manufacturers are planning to expand into the European market, but are concerned about potential import tariffs that could impact their business models.

Small electric vehicles that can be driven without a license are gaining popularity among young teens and adults in Europe. Manufacturers like Citroen are showcasing these two-seater vehicles, such as the Ami, at the Paris Motor Show. These vehicles are not considered cars but rather “mobility objects” and are designed for easy city driving at low speeds. They are also popular among adults who have lost their license or live in areas with limited public transportation options.

Renault subsidiary Mobilize and other manufacturers are introducing similar no-license, two-seater vehicles that are easy and convenient for short city commutes. These vehicles are efficient in terms of energy consumption and are popular among users who rely on them for daily transportation needs. French manufacturer Ligier sells both diesel and electric versions of these no-license two-seaters, catering to different preferences and needs of customers.

The European electric vehicle market is experiencing significant growth, with Chinese manufacturers gaining market share despite regulatory challenges. With the introduction of more affordable models and advances in technology, electric vehicles are becoming more accessible to a wider range of customers. The Paris Motor Show is a platform for manufacturers to showcase their latest innovations and attract consumers who are interested in transitioning to electric vehicles for their transportation needs. The ongoing trade disputes between the EU and China may impact the future of electric vehicle imports, but manufacturers are optimistic about the potential for growth in the electric vehicle market.

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