Russia tries to stop an avalanche of imports from Chinese vehicles, which is a hard blow for Chinese manufacturers and merchants who depend more and more on shipments to their ally, as reported by the .
Chinese vehicle exports to Russia last year seven times the level of 2022, since the sanctions for the war in Ukraine isolated the country of Western brands, according to the Chinese passenger car association (CPCA). Chinese car manufacturers also embraced the Russian market after anti -dumping measures hindered sales in markets such as the US, the EU, Canada, Türkiye and Brazil.
“International brands [en Rusia] They have been completely replaced by Chinese cars, “said CUI Dongshu, general secretary of the CPCA, adding:” If the Russian-Ukrainian crisis ends, the pressure on Chinese car manufacturers will increase dramatically. “
Russia bought more than one million Chinese vehicles last year, which allowed him to absorb about 30% of his neighbor’s gas exports. This increase gave Chinese brands 63% of the Russian market and reduced the market share of 29% local brands, according to the CPCA.
Given this situation, Russia has decided to move. Moscow increased the “recycling rates” in January, which work similarly to tariffs, to 667,000 rupees ($ 7,500) for most passenger cars, more than double the level of last September. In this way, the rates are expected to increase between 10% and 20% per year until 2030.
Gregor Sebastian, a automotive analyst at Rhodium Group, told the economic environment that Russia shares the concerns of other countries about “an influx of cheap Chinese vehicles that undermine national manufacturing.” “They want them to increase local production,” he said.
