Korean car: Withdraw from China: Closed two factories in China

Korean car: Withdraw from China: Closed two factories in China

-Japan opens two EV factories in China-

Honda:

January 6th,
The company announced that it will build its first EV-only plant in Wuhan City, Hubei Province, China.

It will start operation in 2024.

Toyota:

An EV plant with an annual scale of 200,000 units, which started construction in Tianjin a year and a half ago, will be put into operation in June this year.

Toyota has EV “BZ” series and
Collaborative development with BYD (BYD) of China,
An EV model exclusively for China will be launched later this year.

Hyundai:

Recently, it has fallen into “a serious slump enough to close two factories in China.”

Chinese government:

The operation policy up to 2035 is shown.

50% of new car sales
EV will be a pillar new energy vehicle (NEV).

The remaining 50%
Make a gasoline-powered vehicle a hybrid vehicle (HV).

Japanese cars that are strong against HVs will reach their heyday in China.

Improvement of Japanese car service:

Toyota and Honda

Pay the amount of vehicle damage that exceeds the insurance limit,
Introduced the so-called “zero customer burden system”
Promised a quick repair.

In addition,

Used car prices were kept, and good dealers and loyal customers were kept.

Discounts on Korean cars:

Hyundai Motor Co., Ltd. is available at a discount.

Many Hyundai dealers have withdrawn, causing further deterioration of the brand image.

Japanese car maker:

Honda
Reduce costs through thorough localization of parts. We have created an SUV “CR-V” with high cost performance.

Toyota
In 2015, we built a TNGA system with an increased component sharing rate and drastically reduced costs.

Teaching HV technology to China:

Toyota
He has taught HV technology to China and has led the rapidly growing eco-car market.

Promote HV technology localization:

Toyota initially limited HVs to exports due to concerns about technology leaks.

Year 2005
The HV “Prius” has been decided to be produced locally in China.

2013
Promoted localization of HV technology through Toyota’s R & D center in Jiangsu Province.

Honda
Since 2012, we have taught our partner partners the important technology of HV.

Awareness of the Chinese government

It is difficult to “achieve carbon neutrality with EV alone in wide China.”

We recognize HV as an alternative to internal combustion engine vehicles.

China has continued to exchange engineers with Japan.

If the conflict with the United States intensifies in the future,
To avoid isolation of Chinese cars
It is essential to strengthen the technical tie-up with Japan.

Chosun Online | Chosun Ilbo

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