MUNICH, Germany, April 25 (Xinhua) -- The interdependence between China and European automakers plays a crucial role as the industry gears up to transition towards sustainable mobility, industry insiders from the two sides said here on Thursday.
Approximately 120 government officials, researchers, and executives from the auto industry in China and Europe gathered at the 2024 China-Europe Automobile Industry Development Forum in Munich to discuss the latest development and the industry's green transition.
Chinese consul general in Munich Tong Defa noted that given the new-energy industry is still in its early stage, the current aggregate capacity falls short of meeting the growing demand for new-energy products.
Highlighting the growth of the new energy industry in China, Tong extended welcome to foreign companies to participate in China's technological advancements and foster collaboration for climate action and green transformation.
Lu Mei, general manager of China Automotive Technology and Research Center Co., Ltd. (CATARC), noted over 40 years of cooperation between China and Europe in the auto industry, highlighting European automakers' active involvement in China's auto sector.
Lu stressed the complementary nature of the auto industries in China and Europe, highlighting mutual benefits and a long-standing interdependence.
Marcus Bollig, managing director of the products and value creation division at Germany's car association VDA, pointed out China's significance as an important market and an innovation hub for German automakers.
Emphasizing VDA's advocacy for open markets and fair competition, Bollig stressed the role of Chinese-European interdependence in steering the automotive industry toward sustainable mobility.
The forum was sponsored by Chinese Automakers International Development and Innovation Alliance, which has over 200 members including original equipment manufacturers, parts and components suppliers, research institutes, logistics companies and financial service providers.
(Editor:Fu Bo)
Related articles:
Related suggestion:
Trump sets fundraising record with $50.5M from Florida eventXi presents order to promote military officers to rank of general12th Chinese medical team wins hearts of GhanaiansFull Text: Remarks by Chinese President Xi Jinping at ChinaNick Lodolo stars in return as the Reds beat the lightInfographic: Xizang witnesses astounding development 72 years after peaceful liberationChinese vice premier stresses flood safety, manufacturing innovationXi stresses establishing new systems for higherChina unveils revised commercial cryptography regulationsXi's article calls on young officials to shoulder mission of the times
2.2053s , 5266.859375 kb
Copyright © 2024 Powered by Auto industry insiders highlight interdependence between China, Europe ,Culture Compass news portal