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Chinese vehicle exports surge in Brazil, fueled by electric, hybrid vehicles

China

China

China

Chinese vehicle exports surge in Brazil, fueled by electric, hybrid vehicles

2024-07-08 21:44 Last Updated At:07-09 00:57

⁠⁠⁠⁠⁠⁠⁠China has become the second-largest exporter of motor vehicles to Brazil, with exports from China to Brazil seeing an increase of more than 300 percent year on year, according to the Brazilian National Association of Motor Vehicle Manufacturers.

Driven by cooperative efforts between the two counties, the trend is giving rise to innovative new types of vehicles produced by Chinese carmakers with support from Brazil.

In the first quarter of this year, the import volume of Brazilian passenger cars reached 1.5 billion dollars, marking a 46.4 percent year-on-year growth. Vehicles from China accounted for 40 percent of this total, with a significant rise in electric and hybrid cars, reaching a 450 percent year-on-year surge.

This substantial growth is attributed to efforts made by Chinese companies, including close cooperation with local enterprises and localized production.

"It's important for the brands to include a strategy to produce something in Brazil, to complement importation with local production," said Ricardo Bastos, chairman of the Brazilian National Association of Motor Vehicle Manufacturers.

Through active market research, Chinese companies have made breakthroughs in market segments, leveraging Brazil's abundant resources and collaborating with local firms under local policy frameworks.

"There is a mutual benefit in cooperation. We are developing hybrid vehicles using alcohol as fuel, which is supported by the Brazilian government. They will implement preferential policies in this area for the vehicle industry," said Li Tie, general manager of the Brazilian branch of BYD, a Chinese new energy vehicle company.

Brazil boasts the world's largest and most advanced ethanol fuel industry, allowing Chinese companies easy access to inexpensive and clean hydrogen.

Chinese companies have been engaging with potential partners in Brazil, including the government, scientific institutions, investment firms, and hydrogen manufacturing enterprises, to introduce hydrogen trucks and buses, thereby reducing costs and pollution in Brazilian public transportation.

To foster an environment conducive to electric vehicles, Chinese carmaker BYD, in collaboration with local businesses, plans to install 600 direct current charging stations across eight Brazilian cities over the next three years.

Chinese vehicle exports surge in Brazil, fueled by electric, hybrid vehicles

Chinese vehicle exports surge in Brazil, fueled by electric, hybrid vehicles

People across China have been enjoying various intriguing cultural performances and exciting recreational activities during the week-long National Day holiday that started on Oct.1.

Zhengzhou, capital of central China's Henan Province, opened an archaeological site of the Shang Dynasty (1600 BC-1046 BC) to the public during the holiday. The event offers the distribution of the Shang Dynasty relics and architectures, and relics display area, restoration demonstration area, touch area for visitors.

Meanwhile, flocks of extreme sports enthusiasts were deeply attracted by different high-altitude events, such as bungee jumping, via ferrata, and zip lining at the Zhangjiajie Grand Canyon scenic area in Zhangjiajie City of central China's Hunan Province.

In Pingshan County of southwest China's Sichuan Province, the local government used an ancient town as a stage for live cultural performances, and visitors can also enjoy the ethnic Yi dance in the area.

Sheyang County of east China's Jiangsu Province set up a 100-meter-long scroll, which attracted many parents and children to paint and express their love and blessings to the motherland, and arranged cultural performance such as face-changing performance of Sichuan Opera, lion dancing, Huai Opera and acrobatic shows.

Linfen City of north China's Shanxi Province also actively promoted the low-altitude economy by opening five helicopter bases that provide aerial tours of major scenic spots such as Guangsheng Temple in Hongtong County, Yunqiu Mountain in Xiangning County, and Hukou Waterfall in Jixian County.

"It's my first time to take this helicopter. It means that now ordinary people can also take short trips in the sky. It's nice and shocking to see the whole landscape from a high place," said tourist Zhao Ke.

"Such way of traveling let me have a deeper understanding of the history and culture of Hongtong County and our natural scenery," said tourist Liu Hangrui.

People across China enjoy intriguing cultural, recreational activities during National Day holiday

People across China enjoy intriguing cultural, recreational activities during National Day holiday

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