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The Advertiser
18 hours ago
- Automotive
- The Advertiser
China to become top source of new cars in Australia, fuelled by emissions regs
China has already overtaken Korea to become Australia's third largest supplier of new vehicles, and a new report says it'll take the top spot by 2035. The Australian Automotive Dealer Association (AADA) commissioned the Centre for International Economics (CIE) to analyse Australia's past, current and future automotive trading partners. The CIE has projected Chinese-built vehicles will account for 43 per cent of Australia's new-car market in 2035, up from 17 per cent this year. This will come at the expense of Japanese-built cars, whose share is projected to drop from 32 to 22 per cent, as well as Thai-built vehicles (11 per cent, down from 21 per cent) and Korean-built vehicles (8 per cent, down from 13 per cent). The CIE forecasts other countries of origin will account for the remaining 16 per cent of the market, down from 17 per cent in 2025. CarExpert can save you thousands on a new car. Click here to get a great deal. China already dominates the local electric vehicle (EV) market, accounting for 65 per cent of imports. But it's not just EVs powering its growth here, with exports of combustion-powered vehicles also rising. Enabling China's rise, the report says, is the Chinese government's investment and support in developing EV and plug-in hybrid (PHEV) technology and manufacturing capabilities; an ongoing drop in production costs; as well as an aversion to price increases like those imposed by brands from other countries. But the AADA warns the Australian Government is inadvertently boosting sales of Chinese cars in our market through its New Vehicle Efficiency Standard (NVES). "While overall sales from many countries are still projected to grow, China stands out and is set to benefit the most from the introduction of the NVES," the AADA says in its report. "Its strong position in EV manufacturing, supported by supply chain advantages and government backing, means vehicles produced in China are expected to gain market share at a faster rate, in contrast to the slower grow other exporting countries may observe. "This low emissions transition highlights a broader structural shift. As emission standards tighten, supply chains globalise and EV technology dominates, China is set to play an increasingly central role in Australia's automotive future and redefine our automotive landscape." The AADA says in its report that the findings are based on an assumption NVES fleet emissions reductions will continue past the legislated 2029 target. Coming into effect on January 1, 2025, with penalties being accrued from July 1, the NVES sets fleet-wide emissions targets for new-vehicle brands in Australia. If automakers exceed an average carbon emissions target for the vehicles they sell each year, they will be penalised $100 per g/km of CO2 for every vehicle which exceeds the target. For 2025, the mandate for passenger cars (Type 1) is 141g/km of CO2, with light commercial vehicles and heavy-duty SUVs (Type 2) set at 210g/km or less. These limits will get tighter every year, landing at 58 and 110g/km respectively in 2029. Chinese auto brands have been among the quickest and most aggressive in rolling out EVs and PHEVs in our market to cater to buyer demand and also meet these emissions standards. BYD only offers these powertrain types globally, while Chery, GWM and MG all offer a mix of hybrid, PHEV and EV models, and fledgling brands like Deepal and Xpeng are EV-only here. It isn't just Chinese-owned brands, including Volvo and Polestar, that are selling Chinese-built vehicles here. BMW, Cupra, Kia and Tesla all produce vehicles in China and export them to markets such as Australia, and they could be joined in the coming years by others such as Mazda and Nissan. It has been a meteoric rise for China, and follows the rise of Thailand, Korea and Japan in our market. There are parallels here beyond dramatic sales growth. Many of the first Korean and Japanese cars sold here were widely regarded as being flawed or ill-suited to our market, but manufacturers like Hyundai and Toyota were able to over time adapt to our market conditions and offer more suitable vehicles. Chinese brands have invested in local vehicle development testing in our market, but GWM is perhaps a standout example of tailoring vehicles to Australian conditions, having appointed Holden's former lead vehicle dynamics engineer as its local ride and handling expert. Many Chinese brands have set ambitious goals for our market. MG wants to be a top-three player in Australia by 2030, while GWM is also aiming to be in the top five by that year. Content originally sourced from: China has already overtaken Korea to become Australia's third largest supplier of new vehicles, and a new report says it'll take the top spot by 2035. The Australian Automotive Dealer Association (AADA) commissioned the Centre for International Economics (CIE) to analyse Australia's past, current and future automotive trading partners. The CIE has projected Chinese-built vehicles will account for 43 per cent of Australia's new-car market in 2035, up from 17 per cent this year. This will come at the expense of Japanese-built cars, whose share is projected to drop from 32 to 22 per cent, as well as Thai-built vehicles (11 per cent, down from 21 per cent) and Korean-built vehicles (8 per cent, down from 13 per cent). The CIE forecasts other countries of origin will account for the remaining 16 per cent of the market, down from 17 per cent in 2025. CarExpert can save you thousands on a new car. Click here to get a great deal. China already dominates the local electric vehicle (EV) market, accounting for 65 per cent of imports. But it's not just EVs powering its growth here, with exports of combustion-powered vehicles also rising. Enabling China's rise, the report says, is the Chinese government's investment and support in developing EV and plug-in hybrid (PHEV) technology and manufacturing capabilities; an ongoing drop in production costs; as well as an aversion to price increases like those imposed by brands from other countries. But the AADA warns the Australian Government is inadvertently boosting sales of Chinese cars in our market through its New Vehicle Efficiency Standard (NVES). "While overall sales from many countries are still projected to grow, China stands out and is set to benefit the most from the introduction of the NVES," the AADA says in its report. "Its strong position in EV manufacturing, supported by supply chain advantages and government backing, means vehicles produced in China are expected to gain market share at a faster rate, in contrast to the slower grow other exporting countries may observe. "This low emissions transition highlights a broader structural shift. As emission standards tighten, supply chains globalise and EV technology dominates, China is set to play an increasingly central role in Australia's automotive future and redefine our automotive landscape." The AADA says in its report that the findings are based on an assumption NVES fleet emissions reductions will continue past the legislated 2029 target. Coming into effect on January 1, 2025, with penalties being accrued from July 1, the NVES sets fleet-wide emissions targets for new-vehicle brands in Australia. If automakers exceed an average carbon emissions target for the vehicles they sell each year, they will be penalised $100 per g/km of CO2 for every vehicle which exceeds the target. For 2025, the mandate for passenger cars (Type 1) is 141g/km of CO2, with light commercial vehicles and heavy-duty SUVs (Type 2) set at 210g/km or less. These limits will get tighter every year, landing at 58 and 110g/km respectively in 2029. Chinese auto brands have been among the quickest and most aggressive in rolling out EVs and PHEVs in our market to cater to buyer demand and also meet these emissions standards. BYD only offers these powertrain types globally, while Chery, GWM and MG all offer a mix of hybrid, PHEV and EV models, and fledgling brands like Deepal and Xpeng are EV-only here. It isn't just Chinese-owned brands, including Volvo and Polestar, that are selling Chinese-built vehicles here. BMW, Cupra, Kia and Tesla all produce vehicles in China and export them to markets such as Australia, and they could be joined in the coming years by others such as Mazda and Nissan. It has been a meteoric rise for China, and follows the rise of Thailand, Korea and Japan in our market. There are parallels here beyond dramatic sales growth. Many of the first Korean and Japanese cars sold here were widely regarded as being flawed or ill-suited to our market, but manufacturers like Hyundai and Toyota were able to over time adapt to our market conditions and offer more suitable vehicles. Chinese brands have invested in local vehicle development testing in our market, but GWM is perhaps a standout example of tailoring vehicles to Australian conditions, having appointed Holden's former lead vehicle dynamics engineer as its local ride and handling expert. Many Chinese brands have set ambitious goals for our market. MG wants to be a top-three player in Australia by 2030, while GWM is also aiming to be in the top five by that year. Content originally sourced from: China has already overtaken Korea to become Australia's third largest supplier of new vehicles, and a new report says it'll take the top spot by 2035. The Australian Automotive Dealer Association (AADA) commissioned the Centre for International Economics (CIE) to analyse Australia's past, current and future automotive trading partners. The CIE has projected Chinese-built vehicles will account for 43 per cent of Australia's new-car market in 2035, up from 17 per cent this year. This will come at the expense of Japanese-built cars, whose share is projected to drop from 32 to 22 per cent, as well as Thai-built vehicles (11 per cent, down from 21 per cent) and Korean-built vehicles (8 per cent, down from 13 per cent). The CIE forecasts other countries of origin will account for the remaining 16 per cent of the market, down from 17 per cent in 2025. CarExpert can save you thousands on a new car. Click here to get a great deal. China already dominates the local electric vehicle (EV) market, accounting for 65 per cent of imports. But it's not just EVs powering its growth here, with exports of combustion-powered vehicles also rising. Enabling China's rise, the report says, is the Chinese government's investment and support in developing EV and plug-in hybrid (PHEV) technology and manufacturing capabilities; an ongoing drop in production costs; as well as an aversion to price increases like those imposed by brands from other countries. But the AADA warns the Australian Government is inadvertently boosting sales of Chinese cars in our market through its New Vehicle Efficiency Standard (NVES). "While overall sales from many countries are still projected to grow, China stands out and is set to benefit the most from the introduction of the NVES," the AADA says in its report. "Its strong position in EV manufacturing, supported by supply chain advantages and government backing, means vehicles produced in China are expected to gain market share at a faster rate, in contrast to the slower grow other exporting countries may observe. "This low emissions transition highlights a broader structural shift. As emission standards tighten, supply chains globalise and EV technology dominates, China is set to play an increasingly central role in Australia's automotive future and redefine our automotive landscape." The AADA says in its report that the findings are based on an assumption NVES fleet emissions reductions will continue past the legislated 2029 target. Coming into effect on January 1, 2025, with penalties being accrued from July 1, the NVES sets fleet-wide emissions targets for new-vehicle brands in Australia. If automakers exceed an average carbon emissions target for the vehicles they sell each year, they will be penalised $100 per g/km of CO2 for every vehicle which exceeds the target. For 2025, the mandate for passenger cars (Type 1) is 141g/km of CO2, with light commercial vehicles and heavy-duty SUVs (Type 2) set at 210g/km or less. These limits will get tighter every year, landing at 58 and 110g/km respectively in 2029. Chinese auto brands have been among the quickest and most aggressive in rolling out EVs and PHEVs in our market to cater to buyer demand and also meet these emissions standards. BYD only offers these powertrain types globally, while Chery, GWM and MG all offer a mix of hybrid, PHEV and EV models, and fledgling brands like Deepal and Xpeng are EV-only here. It isn't just Chinese-owned brands, including Volvo and Polestar, that are selling Chinese-built vehicles here. BMW, Cupra, Kia and Tesla all produce vehicles in China and export them to markets such as Australia, and they could be joined in the coming years by others such as Mazda and Nissan. It has been a meteoric rise for China, and follows the rise of Thailand, Korea and Japan in our market. There are parallels here beyond dramatic sales growth. Many of the first Korean and Japanese cars sold here were widely regarded as being flawed or ill-suited to our market, but manufacturers like Hyundai and Toyota were able to over time adapt to our market conditions and offer more suitable vehicles. Chinese brands have invested in local vehicle development testing in our market, but GWM is perhaps a standout example of tailoring vehicles to Australian conditions, having appointed Holden's former lead vehicle dynamics engineer as its local ride and handling expert. Many Chinese brands have set ambitious goals for our market. MG wants to be a top-three player in Australia by 2030, while GWM is also aiming to be in the top five by that year. Content originally sourced from: China has already overtaken Korea to become Australia's third largest supplier of new vehicles, and a new report says it'll take the top spot by 2035. The Australian Automotive Dealer Association (AADA) commissioned the Centre for International Economics (CIE) to analyse Australia's past, current and future automotive trading partners. The CIE has projected Chinese-built vehicles will account for 43 per cent of Australia's new-car market in 2035, up from 17 per cent this year. This will come at the expense of Japanese-built cars, whose share is projected to drop from 32 to 22 per cent, as well as Thai-built vehicles (11 per cent, down from 21 per cent) and Korean-built vehicles (8 per cent, down from 13 per cent). The CIE forecasts other countries of origin will account for the remaining 16 per cent of the market, down from 17 per cent in 2025. CarExpert can save you thousands on a new car. Click here to get a great deal. China already dominates the local electric vehicle (EV) market, accounting for 65 per cent of imports. But it's not just EVs powering its growth here, with exports of combustion-powered vehicles also rising. Enabling China's rise, the report says, is the Chinese government's investment and support in developing EV and plug-in hybrid (PHEV) technology and manufacturing capabilities; an ongoing drop in production costs; as well as an aversion to price increases like those imposed by brands from other countries. But the AADA warns the Australian Government is inadvertently boosting sales of Chinese cars in our market through its New Vehicle Efficiency Standard (NVES). "While overall sales from many countries are still projected to grow, China stands out and is set to benefit the most from the introduction of the NVES," the AADA says in its report. "Its strong position in EV manufacturing, supported by supply chain advantages and government backing, means vehicles produced in China are expected to gain market share at a faster rate, in contrast to the slower grow other exporting countries may observe. "This low emissions transition highlights a broader structural shift. As emission standards tighten, supply chains globalise and EV technology dominates, China is set to play an increasingly central role in Australia's automotive future and redefine our automotive landscape." The AADA says in its report that the findings are based on an assumption NVES fleet emissions reductions will continue past the legislated 2029 target. Coming into effect on January 1, 2025, with penalties being accrued from July 1, the NVES sets fleet-wide emissions targets for new-vehicle brands in Australia. If automakers exceed an average carbon emissions target for the vehicles they sell each year, they will be penalised $100 per g/km of CO2 for every vehicle which exceeds the target. For 2025, the mandate for passenger cars (Type 1) is 141g/km of CO2, with light commercial vehicles and heavy-duty SUVs (Type 2) set at 210g/km or less. These limits will get tighter every year, landing at 58 and 110g/km respectively in 2029. Chinese auto brands have been among the quickest and most aggressive in rolling out EVs and PHEVs in our market to cater to buyer demand and also meet these emissions standards. BYD only offers these powertrain types globally, while Chery, GWM and MG all offer a mix of hybrid, PHEV and EV models, and fledgling brands like Deepal and Xpeng are EV-only here. It isn't just Chinese-owned brands, including Volvo and Polestar, that are selling Chinese-built vehicles here. BMW, Cupra, Kia and Tesla all produce vehicles in China and export them to markets such as Australia, and they could be joined in the coming years by others such as Mazda and Nissan. It has been a meteoric rise for China, and follows the rise of Thailand, Korea and Japan in our market. There are parallels here beyond dramatic sales growth. Many of the first Korean and Japanese cars sold here were widely regarded as being flawed or ill-suited to our market, but manufacturers like Hyundai and Toyota were able to over time adapt to our market conditions and offer more suitable vehicles. Chinese brands have invested in local vehicle development testing in our market, but GWM is perhaps a standout example of tailoring vehicles to Australian conditions, having appointed Holden's former lead vehicle dynamics engineer as its local ride and handling expert. Many Chinese brands have set ambitious goals for our market. MG wants to be a top-three player in Australia by 2030, while GWM is also aiming to be in the top five by that year. Content originally sourced from:
7NEWS
19 hours ago
- Automotive
- 7NEWS
China to become top source of new cars in Australia, fuelled by emissions regs
China has already overtaken Korea to become Australia's third largest supplier of new vehicles, and a new report says it'll take the top spot by 2035. The Australian Automotive Dealer Association (AADA) commissioned the Centre for International Economics (CIE) to analyse Australia's past, current and future automotive trading partners. The CIE has projected Chinese-built vehicles will account for 43 per cent of Australia's new-car market in 2035, up from 17 per cent this year. This will come at the expense of Japanese-built cars, whose share is projected to drop from 32 to 22 per cent, as well as Thai-built vehicles (11 per cent, down from 21 per cent) and Korean-built vehicles (8 per cent, down from 13 per cent). The CIE forecasts other countries of origin will account for the remaining 16 per cent of the market, down from 17 per cent in 2025. CarExpert can save you thousands on a new car. Click here to get a great deal. China already dominates the local electric vehicle (EV) market, accounting for 65 per cent of imports. But it's not just EVs powering its growth here, with exports of combustion-powered vehicles also rising. Enabling China's rise, the report says, is the Chinese government's investment and support in developing EV and plug-in hybrid (PHEV) technology and manufacturing capabilities; an ongoing drop in production costs; as well as an aversion to price increases like those imposed by brands from other countries. But the AADA warns the Australian Government is inadvertently boosting sales of Chinese cars in our market through its New Vehicle Efficiency Standard (NVES). 'While overall sales from many countries are still projected to grow, China stands out and is set to benefit the most from the introduction of the NVES,' the AADA says in its report. 'Its strong position in EV manufacturing, supported by supply chain advantages and government backing, means vehicles produced in China are expected to gain market share at a faster rate, in contrast to the slower grow other exporting countries may observe. 'This low emissions transition highlights a broader structural shift. As emission standards tighten, supply chains globalise and EV technology dominates, China is set to play an increasingly central role in Australia's automotive future and redefine our automotive landscape.' The AADA says in its report that the findings are based on an assumption NVES fleet emissions reductions will continue past the legislated 2029 target. Coming into effect on January 1, 2025, with penalties being accrued from July 1, the NVES sets fleet-wide emissions targets for new-vehicle brands in Australia. If automakers exceed an average carbon emissions target for the vehicles they sell each year, they will be penalised $100 per g/km of CO2 for every vehicle which exceeds the target. For 2025, the mandate for passenger cars (Type 1) is 141g/km of CO2, with light commercial vehicles and heavy-duty SUVs (Type 2) set at 210g/km or less. These limits will get tighter every year, landing at 58 and 110g/km respectively in 2029. Chinese auto brands have been among the quickest and most aggressive in rolling out EVs and PHEVs in our market to cater to buyer demand and also meet these emissions standards. BYD only offers these powertrain types globally, while Chery, GWM and MG all offer a mix of hybrid, PHEV and EV models, and fledgling brands like Deepal and Xpeng are EV-only here. It isn't just Chinese-owned brands, including Volvo and Polestar, that are selling Chinese-built vehicles here. BMW, Cupra, Kia and Tesla all produce vehicles in China and export them to markets such as Australia, and they could be joined in the coming years by others such as Mazda and Nissan. It has been a meteoric rise for China, and follows the rise of Thailand, Korea and Japan in our market. There are parallels here beyond dramatic sales growth. Many of the first Korean and Japanese cars sold here were widely regarded as being flawed or ill-suited to our market, but manufacturers like Hyundai and Toyota were able to over time adapt to our market conditions and offer more suitable vehicles. Chinese brands have invested in local vehicle development testing in our market, but GWM is perhaps a standout example of tailoring vehicles to Australian conditions, having appointed Holden's former lead vehicle dynamics engineer as its local ride and handling expert.
Courier-Mail
a day ago
- Automotive
- Courier-Mail
New data shows China's major impact on Australian car imports
Don't miss out on the headlines from On the Road. Followed categories will be added to My News. A new report forecasts that China will become Australia's largest source of vehicle imports within the next decade. The report, commissioned by the Australian Automotive Dealer Association and prepared by the Centre for International Economics (CIE), projects that by 2035, 43 per cent of all vehicles imported into Australia will be manufactured in China, up from 15 per cent in 2024 and virtually zero in 2020. MORE: China ups ante in Aussie turf war Source: Australian Automotive Dealer Association/Centre for International Economics Source: Australian Automotive Dealer Association/Centre for International Economics MASSIVE SHIFT Australia's automotive landscape has dramatically shifted over the past decade with closures from multiple local manufacturing operations including Ford (2016), Holden (2017) and Toyota (2017). Since then, Australia has relied entirely on imports to meet demand for new cars, with 1.2 million vehicles sold annually – all sourced from overseas. China already dominates the local electric vehicle (EV) market, accounting for 65 per cent of Australia's Battery Electric Vehicle (BEV) imports last year. MORE: 'Can't speak': Confusion grows over car prices BYD electric cars waiting to be loaded to the automobile carrier BYD "Shenzhen". (Photo by AFP) / China But the report reveals China's growth is not confined to BEVs, but exports of internal combustion engine (ICE) and diesel vehicles, especially light commercial vehicles and SUVs, have also risen. The report states China's rapid rise is a combination of several factors, including lower production cost, rising consumer demand for low-emission vehicles, and the Federal Government's New Vehicle Efficiency Standard (NVES), which came into effect on the 1st of July. MORE: 'Jet on wheels': Luxury van's insane cost The evolution of automotive technology, particularly in drivetrain options, has been a key driver of change in Australia's import market. Picture: AADA Another enabler of China's rise is the ongoing and projected fall in real production costs. Picture: AADA The policy penalises high-emission vehicles and incentivises clear alternatives, and is expected to reshape the types of cars entering the Australian market. While most automotive exporting countries have seen rising manufacturing costs since 2017, vehicle prices from China have remained flat or declined. The Chinese government has also invested heavily in battery and EV technology, which has placed China at the forefront of manufacturing. Chinese brands like BYD are expected to take over from the likes of South Korea's Hyundai. Picture: Thomas Wielecki Australia's appetite for Chinese brands is also growing, with emerging automakers like BYD, Zeekr, XPeng, GWM, and Chery gaining market share quickly. The AADA report also highlights China's rise as part of a broader transformation in Australia's car market, driven by the end of local manufacturing, changing consumer preferences and global trade trends. Previous import booms were led by Japan in the 1990s, South Korea in the early 2000s and Thailand in the late 2000s. But China's current growth is expected to outpace them all. Originally published as Huge change coming to Aussie roads
News.com.au
a day ago
- Automotive
- News.com.au
Huge change coming to Aussie roads
A new report forecasts that China will become Australia's largest source of vehicle imports within the next decade. The report, commissioned by the Australian Automotive Dealer Association and prepared by the Centre for International Economics (CIE), projects that by 2035, 43 per cent of all vehicles imported into Australia will be manufactured in China, up from 15 per cent in 2024 and virtually zero in 2020. MASSIVE SHIFT Australia's automotive landscape has dramatically shifted over the past decade with closures from multiple local manufacturing operations including Ford (2016), Holden (2017) and Toyota (2017). Since then, Australia has relied entirely on imports to meet demand for new cars, with 1.2 million vehicles sold annually – all sourced from overseas. China already dominates the local electric vehicle (EV) market, accounting for 65 per cent of Australia's Battery Electric Vehicle (BEV) imports last year. But the report reveals China's growth is not confined to BEVs, but exports of internal combustion engine (ICE) and diesel vehicles, especially light commercial vehicles and SUVs, have also risen. The report states China's rapid rise is a combination of several factors, including lower production cost, rising consumer demand for low-emission vehicles, and the Federal Government's New Vehicle Efficiency Standard (NVES), which came into effect on the 1st of July. The policy penalises high-emission vehicles and incentivises clear alternatives, and is expected to reshape the types of cars entering the Australian market. While most automotive exporting countries have seen rising manufacturing costs since 2017, vehicle prices from China have remained flat or declined. The Chinese government has also invested heavily in battery and EV technology, which has placed China at the forefront of manufacturing. Australia's appetite for Chinese brands is also growing, with emerging automakers like BYD, Zeekr, XPeng, GWM, and Chery gaining market share quickly. The AADA report also highlights China's rise as part of a broader transformation in Australia's car market, driven by the end of local manufacturing, changing consumer preferences and global trade trends. Previous import booms were led by Japan in the 1990s, South Korea in the early 2000s and Thailand in the late 2000s. But China's current growth is expected to outpace them all.
The Advertiser
2 days ago
- Automotive
- The Advertiser
China set to dominate Aussie vehicle import market
More than two in every five new cars sold in Australia will be made in China within a decade in one of the biggest shake-ups in the automotive industry in years. The move, fuelled by motorists switching to low-emission vehicles, is expected to challenge the dominance of car brands manufactured in Japan and Thailand. But automotive dealers have questioned whether the move will be wholly positive for motorists, or whether greater protections will be needed to ensure the availability of vehicle parts and servicing. The Centre for International Economics released the findings on Tuesday, in an analysis prepared for the Australian Automotive Dealer Association. The report found almost half (43 per cent) of vehicles imported to Australia could be made in China by 2035, dwarfing current leader Japan on 22 per cent, and Thailand with 11 per cent of the market. Japan-made vehicles represented 30 per cent of new cars sold in Australia this year, while Chinese vehicles made up 16 per cent, according to the Federal Chamber of Automotive Industries. The swap to Chinese vehicles will be driven by consumers' rising demand for hybrid and electric options, the report found, and falling prices offered by Chinese brands. The change was already prevalent in the Australian market, association chief executive James Voortman said, thanks to an influx of Chinese brands and models. "Australia is at an inflection point where we are going to see exponential growth of sales and new brands from China," he said. "This growth comes on top of the change to electric vehicle drive trains." Chinese electric vehicle brands already established in the country include Xpeng, Zeekr, Geely, MG and BYD, which celebrated its 60,000th local sale earlier in July. BYD considered Australia a "key market," president Wang Chuanfu said, as it was well established and highly competitive. "Success here is a signal to the world that BYD vehicles can meet and exceed the expectations of mature markets," he said. But Mr Voortman, who addressed the association's convention in Brisbane on Tuesday, said introducing so many brands to Australia should raise questions about whether consumer guarantees went far enough. "This rate of growth can have unintended implications to consumer protections such as the supply of parts, wait times to service vehicles, and the long-term ability of manufacturers to guarantee their consumer warranties," he said. "We will be talking to government about what consumer protections are adequate and appropriate." Vehicle purchases are covered by consumer guarantee rights, according to the Australian Competition and Consumer Commission, including the provision of spare parts and repairs for a reasonable time after purchase. More than two in every five new cars sold in Australia will be made in China within a decade in one of the biggest shake-ups in the automotive industry in years. The move, fuelled by motorists switching to low-emission vehicles, is expected to challenge the dominance of car brands manufactured in Japan and Thailand. But automotive dealers have questioned whether the move will be wholly positive for motorists, or whether greater protections will be needed to ensure the availability of vehicle parts and servicing. The Centre for International Economics released the findings on Tuesday, in an analysis prepared for the Australian Automotive Dealer Association. The report found almost half (43 per cent) of vehicles imported to Australia could be made in China by 2035, dwarfing current leader Japan on 22 per cent, and Thailand with 11 per cent of the market. Japan-made vehicles represented 30 per cent of new cars sold in Australia this year, while Chinese vehicles made up 16 per cent, according to the Federal Chamber of Automotive Industries. The swap to Chinese vehicles will be driven by consumers' rising demand for hybrid and electric options, the report found, and falling prices offered by Chinese brands. The change was already prevalent in the Australian market, association chief executive James Voortman said, thanks to an influx of Chinese brands and models. "Australia is at an inflection point where we are going to see exponential growth of sales and new brands from China," he said. "This growth comes on top of the change to electric vehicle drive trains." Chinese electric vehicle brands already established in the country include Xpeng, Zeekr, Geely, MG and BYD, which celebrated its 60,000th local sale earlier in July. BYD considered Australia a "key market," president Wang Chuanfu said, as it was well established and highly competitive. "Success here is a signal to the world that BYD vehicles can meet and exceed the expectations of mature markets," he said. But Mr Voortman, who addressed the association's convention in Brisbane on Tuesday, said introducing so many brands to Australia should raise questions about whether consumer guarantees went far enough. "This rate of growth can have unintended implications to consumer protections such as the supply of parts, wait times to service vehicles, and the long-term ability of manufacturers to guarantee their consumer warranties," he said. "We will be talking to government about what consumer protections are adequate and appropriate." Vehicle purchases are covered by consumer guarantee rights, according to the Australian Competition and Consumer Commission, including the provision of spare parts and repairs for a reasonable time after purchase. More than two in every five new cars sold in Australia will be made in China within a decade in one of the biggest shake-ups in the automotive industry in years. The move, fuelled by motorists switching to low-emission vehicles, is expected to challenge the dominance of car brands manufactured in Japan and Thailand. But automotive dealers have questioned whether the move will be wholly positive for motorists, or whether greater protections will be needed to ensure the availability of vehicle parts and servicing. The Centre for International Economics released the findings on Tuesday, in an analysis prepared for the Australian Automotive Dealer Association. The report found almost half (43 per cent) of vehicles imported to Australia could be made in China by 2035, dwarfing current leader Japan on 22 per cent, and Thailand with 11 per cent of the market. Japan-made vehicles represented 30 per cent of new cars sold in Australia this year, while Chinese vehicles made up 16 per cent, according to the Federal Chamber of Automotive Industries. The swap to Chinese vehicles will be driven by consumers' rising demand for hybrid and electric options, the report found, and falling prices offered by Chinese brands. The change was already prevalent in the Australian market, association chief executive James Voortman said, thanks to an influx of Chinese brands and models. "Australia is at an inflection point where we are going to see exponential growth of sales and new brands from China," he said. "This growth comes on top of the change to electric vehicle drive trains." Chinese electric vehicle brands already established in the country include Xpeng, Zeekr, Geely, MG and BYD, which celebrated its 60,000th local sale earlier in July. BYD considered Australia a "key market," president Wang Chuanfu said, as it was well established and highly competitive. "Success here is a signal to the world that BYD vehicles can meet and exceed the expectations of mature markets," he said. But Mr Voortman, who addressed the association's convention in Brisbane on Tuesday, said introducing so many brands to Australia should raise questions about whether consumer guarantees went far enough. "This rate of growth can have unintended implications to consumer protections such as the supply of parts, wait times to service vehicles, and the long-term ability of manufacturers to guarantee their consumer warranties," he said. "We will be talking to government about what consumer protections are adequate and appropriate." Vehicle purchases are covered by consumer guarantee rights, according to the Australian Competition and Consumer Commission, including the provision of spare parts and repairs for a reasonable time after purchase. More than two in every five new cars sold in Australia will be made in China within a decade in one of the biggest shake-ups in the automotive industry in years. The move, fuelled by motorists switching to low-emission vehicles, is expected to challenge the dominance of car brands manufactured in Japan and Thailand. But automotive dealers have questioned whether the move will be wholly positive for motorists, or whether greater protections will be needed to ensure the availability of vehicle parts and servicing. The Centre for International Economics released the findings on Tuesday, in an analysis prepared for the Australian Automotive Dealer Association. The report found almost half (43 per cent) of vehicles imported to Australia could be made in China by 2035, dwarfing current leader Japan on 22 per cent, and Thailand with 11 per cent of the market. Japan-made vehicles represented 30 per cent of new cars sold in Australia this year, while Chinese vehicles made up 16 per cent, according to the Federal Chamber of Automotive Industries. The swap to Chinese vehicles will be driven by consumers' rising demand for hybrid and electric options, the report found, and falling prices offered by Chinese brands. The change was already prevalent in the Australian market, association chief executive James Voortman said, thanks to an influx of Chinese brands and models. "Australia is at an inflection point where we are going to see exponential growth of sales and new brands from China," he said. "This growth comes on top of the change to electric vehicle drive trains." Chinese electric vehicle brands already established in the country include Xpeng, Zeekr, Geely, MG and BYD, which celebrated its 60,000th local sale earlier in July. BYD considered Australia a "key market," president Wang Chuanfu said, as it was well established and highly competitive. "Success here is a signal to the world that BYD vehicles can meet and exceed the expectations of mature markets," he said. But Mr Voortman, who addressed the association's convention in Brisbane on Tuesday, said introducing so many brands to Australia should raise questions about whether consumer guarantees went far enough. "This rate of growth can have unintended implications to consumer protections such as the supply of parts, wait times to service vehicles, and the long-term ability of manufacturers to guarantee their consumer warranties," he said. "We will be talking to government about what consumer protections are adequate and appropriate." Vehicle purchases are covered by consumer guarantee rights, according to the Australian Competition and Consumer Commission, including the provision of spare parts and repairs for a reasonable time after purchase.
