The day is part of the first Spain-China event on electric vehicles that is being held from June 3 to 5 in Shanghai and in which the General Director of SERNAUTO, José Portilla, and several Spanish companies of automotive components are participating.

The day presented the opportunities posed by the electric vehicle in China and the role that Spanish technology can play for its future development. In addition, it is intended to establish a framework of collaboration that enables the development of common projects at commercial or technological level.

In his speech, the General Director of SERNAUTO, José Portilla, showed the strengths of the Spanish sector of automotive components, specifically, in the hybridization and electrification of the vehicle, as well as in the lightening of the components.

During the day, in which 17 Spanish companies are participating, and many Chinese electric vehicle companies and organizations, examples of Sino-Spanish cooperation in the field of automotive and electric mobility were also presented.

Speakers included Spanish companies such as Applus Idiada Group, Batz, Ficosa Gestamp Automoción, Gonvarri and Grupo Antolin, among others.

The opportunities of the Chinese market

China is the world's leading producer of automobiles, with a production of 28 million vehicles in 2018. In addition, it is also a world leader in electric vehicles.

According to data from ICEX, sales of electric vehicles in 2018 were 1.3 million units, triple that in the United States, with an increase of 62% compared to 2017, representing now about 8% of total vehicles sold. , compared to 4% in the US or the European Union. Industry forecasts expect China to maintain the 50% share of global sales by 2025 and that by 2030 40% of electric vehicles in circulation will be in China.

It is estimated that in 2040 China will have a fleet of 200 million new energy vehicles (60% of the total), accumulating an investment of 135 billion dollars until 2025, which will represent 45% of the investment in the sector world level, driven by both local manufacturers and foreign multinationals and joint ventures established between them.

For its part, Shanghai, along with the Yangtze Delta, has the largest concentration of electric vehicle producers in China with 44 factories, among which are some of the main Chinese brands such as SAIC, Geely, JAC, NIO, Dongfeng, Chery or Zotye. It is also the region where some of the world's largest electric vehicle manufacturing projects are developed, such as Tesla's new Gigafactory in China.

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