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EV Market in the Middle East and Africa Requires New Business Approach

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摘要 The Middle East and Africa(MEA) appears to be a future crucial destination for China's carmakers as more than 10 Chinese EV brands have entered the market there.Changing geopolitics is not the only reason for this decision,nor is the potential profit,although the latter is a consideration for many Chinese investors.More broadly,the ongoing revolution in the automotive industry is leading to a global restructuring of markets and a consequent change in the game.Preemptive efforts to enhance strategic advantages are now a must for all stakeholders.In this context,the Middle East and Africa are a natural alternative for participants to maintain their resilience,given Africa's huge market,abundant raw materials for electric vehicles,and comfortable position in global power struggles.
作者 Wu Mengqi
机构地区 不详
出处 《China's Foreign Trade》 2024年第5期52-55,共4页 中国对外贸易(英文版)
关键词 MIDDLE AFRICA MAINTAIN
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