China's top export from Jan to May, by models, brands, energy type and domestic vs international
Perfectly illustrates what I have been saying for a long time, all this focus on Chinese EV from the west is actually a distraction. The true killer Car that will takeover market share in foreign countries will be Chinese ICE cars. They will also get market share in EV's as well, but EV sales will be dependent on people's willingness to buy EV's as well.
First of all, I don't think EV adoption will happen in other countries that quickly. It will be slow and painful and will take a long time. The infrastracture and ecosystem is just not going to develop that quickly. Moreover, people's mindset and willingness to adopt EV's will be slow as well.
Moreover, There is this thinking that Chinese companies will be better at EV but not at ICE cars because EV is a new tech. But I don't think that is true. Why would China impose all the rules and restrictions to only allow foreign car companies to sell inside China as a joint venture for the last 40 years?
Its to learn all the tech about car making including making the best engines. Foreign car makers do make everything in China including engines so why won't Chinese Car makers learn that as well?
Chinese cars are exploding in popularity around the world now for 2 reasons. First of all, Its Chinese Car industry as a whole that has improved its quality on all aspects. Whether its engine, suspension, infotainment, Chinese cars are good in all of it.
Secondly, Chinese car industry faced stagnation and falling profits couple of years back. They had no growth prospects inside China. So, they focused on foreign markets. They finally spent money on setting up foreign bases, marketing and other aspects. This is what finally allowed Chinese cars to be noticed in foreign markets.
After few years of struggle the exports started to boom in the last 2-3 years. Its really booming in ICE cars as well but somehow the western media is only obsessed about Chinese EVs. I think ICE cars will be the true dark horse for China's export industry.