Despite the adverse impact of covid-19, China’s auto export doubled to a record 2.02 million units in 2021, and is expected to reach a y/y increase of 20% in 2022. At a closer look to the development of china automobile export, we believe that, after trading opportunistically and initiating local operations in the past 20 years, it has now stepped into phase 3.0 of “full globalization”, with a clear transformation in target market, flagship products, operation mode, and positioning strategy.
Mr. Davy Tan, Partner at EY-Parthenon, will share with you the main observations of China auto export trends and will zoom in to EU market, where China OEMs are accelerating expansion into with ambitious strategy. The presentation will be followed by a Q&A session with interactive discussions on the topic.