CENS-Taiwan Sourcing Service Provider’s Post

Shanghai Automechanika 2024! After many years visiting @Semashow in USA, this year will be my first time visiting the Chinese worldwide trade show, where almost everyone from this business concentrate their main announcements. The week is being very productive with meetings in the factories that already supply us and inspections are revealing a stronger qualitative position for factories that years ago were not assemblers and now became real industries. Very happy to see this progress! Auto parts are becoming more interactive with automation and AI, requiring better engineering and accurate controls. Our presence here to check and assure the quality of what we buy is very important to keep the safety of our clients and our company’s reputation. It’s very important for buyers to understand and practice the win x win game while doing business. Squeezing suppliers “only” for lower prices can be the dictation of the end for both sides.

Vietnam AutoTech and Accessories 2025 Show (22 - 25 May 2025, Ho Chi Minh city). Vietnam’s automotive market in 2024 showcased resilience and growth, with policies boosting sales, VinFast leading the market, and foreign investment on the rise. Despite challenges such as declining consumer demand, 2024 was a notable year for Vietnam's automobile industry, marked by significant milestones and impactful developments. Source: Vietnamnet. #Automotive #VietnamAuto #Aftermarket #Upgrade #Parts

One of the key attractions at the second China International Supply Chain Expo in Beijing is the XPeng X2, marketed as the world's first flying car by XPeng, a Chinese electric vehicle company. This two-seater aircraft is designed for transport and recharge via XPeng’s electric-powered Land Aircraft Carrier. XPeng's Vice President, Chen Han, emphasized their focus on safety and urban mobility, noting over 2,000 preorders with plans for delivery by 2026. The expo showcased innovations in smart vehicle technology from global players like Bosch, Volvo, BYD, and Xiaomi, highlighting the sophistication of China’s supply chain in the intelligent connected vehicle (ICV) sector, which merges automotive, electronics, and communications. Zhang Shaogang of the China Council for the Promotion of International Trade pointed to China’s proactive strategies in transforming the automotive industry through electrification and connectivity, reinforcing a robust industrial ecosystem. Yao Jie from the China Association of Automobile Manufacturers stated that China's dominance in new energy and intelligent connected vehicles stems from significant innovation and a solid industrial framework. He noted a shift in competition from project-based to brand-based, with Chinese brands increasingly challenging global competitors. Nevertheless, a recent EU decision to impose tariffs up to 45.3% on Chinese electric vehicles has led China to appeal to the WTO, with ongoing negotiations between Chinese and EU technical teams. Kaan Masat from the Turkish Investment Office urged Chinese EV manufacturers to set up operations in Turkey, citing advantages like integration into the EU tax system and free trade agreements. Discussions with Chinese carmakers indicated potential collaboration to electrify Turkey’s automotive sector. Additionally, the expo introduced a report on overseas trademark registration for Chinese EV enterprises, calling for strategic global management of trademarks. A joint initiative by Geely Holding Group aims to promote low-carbon smart mobility solutions, encouraging collaboration across the industry for sustainable development. #MotiveAsia #China https://lnkd.in/g8gHi-gh

More than 50 Chinese brands present on Russian new car market It is reported that 120 brands are present in the Russian market in total, with the twofold increase in their number since early 2022 MOSCOW, August 1/ The number of Chinese brands present in the Russian market surged by a factor of 4.5 to 54 brands since the start of 2022, Executive Director of the Autostat analytical agency Sergey Udalov said at the Taxi-2024 Eurasian forum. "We see that while 12 Chinese brands were present in the market as of the start of 2022, with sixty in total, then their total number increased to 120 brands during four months of 2024, and Chinese brands increased to 54," Udalov said. According to his presentation, 120 brands are present in the Russian market in total, with the twofold increase in their number since early 2022. At the same time, 255 models of Chinese vehicles are in the market, up 6.7 times against the start of 2022. The total number of models of different brands surged by two times over the indicated period and reached 718. #business #finance #financialservices

The automotive battery market in Southeast Asia, such as Malaysia, Thailand, and Indonesia, is experiencing a remarkable 9.5% growth in the GCC over the past two years. This was among the many findings by a recent study that tapped into the automotive battery market in the Gulf countries, revealing the consumer behaviour and the strategies retailers are implementing to seize opportunities in this expanding market. Swipe to discover insights on the battery market's growth potential in the region. For an extensive range of automotive aftermarket products and services, don’t miss Automechanika Dubai, happening from December 10 – 12 at the Dubai World Trade Centre. Register now: https://lnkd.in/d5N-afej #automechanikaDU #automotiveaftermarket #automotiveindustry #registration #middleeastafrica #southeastasia

🌟Exciting news! Automechanika has partnered with Frost & Sullivan, the Global Growth Pipeline Company, for a major collaboration set to make a global impact!🤝 Frost & Sullivan will provide valuable content on market trends, technology, innovation, and emerging business models, driving transformative growth across the automotive value chain. This will benefit Automechanika Shanghai as well. Additionally, Frost & Sullivan will offer consultation on fringe event speakers, ensuring a wealth of expertise. Get ready for unprecedented insights and expertise in the automotive industry, courtesy of Automechanika and Frost & Sullivan! More details: https://lnkd.in/gJnhDfnv #AMS #automechanikash #automechanikashanghai #Automechanika #FrostAndSullivan #Partnership #GlobalImpact #AutomotiveIndustry #automotive #aftermarket #supplychain #informationexchange #marketing #trading #education #shanghai #china #exhibition #technology #innovation #transformation #sustainability #trends #sourcing

🌐 Reflecting on a Year of Global Automotive Synergy It was with great pleasure that we, along with my global team and Chinese strategic partner, introduced the Chinese car maintenance ecosystem and technical training on Chinese EV repair to our international partners at Automechenika Shanghai 2024. As the holiday season approaches, we're taking a moment to recap the incredible projects we've undertaken over the past year. It's been a year of productivity and collaboration, where we've facilitated Chinese delegations in the automotive industry to explore global markets and brought our international partners into the heart of China's automotive business ecosystem. Looking ahead to 2025, we're committed to working even more closely as a global team. We will focus on systematically assisting our international partners in building a better supply chain, accessing technical expertise, and receiving real-time support on business opportunities within China's NEV ecosystem. Here's to another year of growth, innovation, and global partnership in the automotive industry. #AutomotiveIndustry #GlobalPartnerships #NEVInnovation

In 2023, China's production and sales of motorcycles and three-wheeled motorcycles totaled 384.07 million units, surpassing the total sales of automobiles in the same year. Recently, according to "Hualong Net," the "2023 China Motorcycle White Paper Release Conference and Industry Awards Ceremony" was held in Chongqing. It is understood that in 2023, China's motorcycle industry, guided by market demand, increased its efforts in product research and development, strengthened brand building, promoted dual-cycle development at home and abroad, and ensured the stable operation of the motorcycle industry. Throughout the year, a total of 19.4163 million two-wheeled motorcycles and 18.9907 million three-wheeled motorcycles were produced and sold, totaling 384.07 million units, with a total profit of 8.028 billion yuan, an increase of 15.24% year-on-year. According to the China Association of Automobile Manufacturers, in 2023, China's automobile production and sales were 301.61 million and 300.94 million units, respectively. #China #MotorcycleIndustry #AutomobileIndustry #ProductionAndSales #EconomicGrowth

🚗 Shanghai Auto Parts Expands to Morocco with a 1.3 Billion MAD Investment! 🌍 Shanghai Auto Parts, a leading Chinese manufacturer of automotive components, has announced a major investment of 100 million yuan (1.3 billion MAD) to establish a subsidiary in #Morocco. This new entity, Shanghai Automotive Air Conditioning Parts (Morocco) Co., Ltd., aims to strengthen the company's presence across European and African markets. 🏗️ The ambitious plan includes: ✅ Acquisition of land ✅ Construction and development of cutting-edge factories ✅ Procurement of advanced production equipment 📢 According to the company’s statement, the Moroccan subsidiary will play a pivotal role in Shanghai Auto Parts’ global network. While their Chinese plants continue to serve Asia, the Moroccan and Mexican subsidiaries will focus on Europe-Africa and the Americas, respectively. This move is yet another testament to Morocco’s growing appeal as a strategic hub for international investments! 🌟 👉 Follow us now and be a part of the journey: 🔵 facebook.com/FlashMorocco 📸 instagram.com/FlashMorocco 🐦 x.com/FlashMorocco Flash.. we carry trust! #ShanghaiAutoParts #AutomotiveIndustry #InvestmentInMorocco #GlobalExpansion #EuropeAfricaMarkets #Innovation #MoroccoAutomotive #FlashMorocco

Back to Shanghai. The last time was 2018 or 1 year before COVID19. Six long years or only 6 years have passed. Shanghai remains Shanghai, a dynamic and restless megalopolis. Goods and services are more expensive but you still get what you pay for. Since 2018, two things have dramatically changed and will never be the same again. 1) Digitalization of consumer journeys. 2) New era of Chinese electric automobile industry In the automotive and CPRD fields, if you don't have a foot in the Chinese market, you are behind without knowing it. #automobile #CPRD