STORY: How Chinese EV companies maintain competitive edge
SHOOTING TIME: May 02, 2024
DATELINE: May 03, 2024
LENGTH: 00:02:20
LOCATION: Beijing
CATEGORY: ECONOMY

SHOTLIST:
1. SOUNDBITE 1 (English): RONNIE LINS, Director of the China-Brazil Center for Research and Business
2. SOUNDBITE 2 (Chinese): TANG JIN, Senior research officer at Japan's Mizuho Bank
3. SOUNDBITE 3 (English): CHRISTOPHER MUTSVANGWA, Secretary for information and publicity for Zimbabwe African National Union-Patriotic Front (ZANU-PF)
4. SOUNDBITE 4 (English): BARBARA FREI, Executive Vice President of Schneider Electric

STORYLINE:

China's advanced production capacities in the new energy sector are in high demand globally, providing a diverse range of consumer products while serving as a pivotal player in the fight against climate change.

Experts in various countries have shared their views on how China maintains its competitive edge in this sector.
SOUNDBITE 1 (English): RONNIE LINS, Director of the China-Brazil Center for Research and Business
"Chinese New Energy Vehicles, NEVs, play a crucial role in reshaping the global dynamics of supply and demand in the automotive sector.
The competitive advantages of Chinese NEVs stem from a combination of factors.
First, the integrity and maturity of their supply chain, covering everything from research and development to the manufacturing of critical components like batteries and electronics. Second, rapid technological innovation driven by a massive domestic market that enables economies of scale and agile adaptation to consumer demands. Together, these elements position China not only as a market leader but also as a key driver in the global transition to more sustainable transportation."

SOUNDBITE 2 (Chinese): TANG JIN, Senior research officer at Japan's Mizuho Bank
The advantages of China's electric vehicles lie in various aspects, such as innovation, strengths of the electronic products, and batteries, which have contributed to the advantage of China's electric vehicle industry chain.

SOUNDBITE 3 (English): CHRISTOPHER MUTSVANGWA, Secretary for information and publicity for Zimbabwe African National Union-Patriotic Front (ZANU-PF)
"Everybody could see that with the global warming pressures, we are going to need electricity as the driver of new energy mobility. China has been strong in the solar energy production. They've lowered the price of solar panels. This is good because if you lower the price, it means even countries which are less endowed in resources can also afford to become part of the market of solar panels."

SOUNDBITE 4 (English): BARBARA FREI, Executive Vice President of Schneider Electric
"China is world leading in delivering components to the renewable markets. For me, China has become also an innovation driver, specifically in our business. So that gives a lot of other opportunities. And here we really do a lot of R&D money to also qualify local suppliers, so that we can have also electronics, certain components from local Chinese suppliers, which gives us again more resilience in the global context."

Xinhua News Agency correspondents reporting from Beijing.
(XHTV)