British automakers keep bet on China despite the fall in exports

Despite the fall of 21.8% in exports For China in 2024, the country remains a strategic market for British automakersespecially in the luxury vehicle segment, said Mike Hawesexecutive director of Society of Motor Manufacturers and Traders (SMMT). According to him, the retreat is due to breaks in production and the transition to electrification.

Marks like Rolls-Royce, Bentley, Aston Martin e McLaren They maintain solid performance in China, driven by the growth of the high luxury market. Parallel, Chinese automakers like The world e mg are expanding their presence in United Kingdomfacing greater competition in the electric vehicle sector.

Hawes pointed out that the British industry faces challenges to reach zero emissions goalswhich require that 80% of new cars sold in the country are electric until 2030. For this, it will be necessary more consumer incentives and investments in recharge infrastructure.