In 2024, although the commercial vehicle market is expected to continue to maintain a stable and positive development trend, the development of the commercial vehicle industry still faces many challenges due to the global economic downturn, unstable political situation, frequent local conflicts, etc., so companies are continuing to When making decisions, it is necessary to obtain a large amount of information promptly and quickly as decision support to avoid making wrong judgments and taking wrong actions.
Therefore, in order to assist various enterprises in embarking on a new journey and striving for success in 2024, CVEE invites the representative enterprise of the commercial vehicle supply chain.# AUTOEQUIPS,Technology Group, to discuss the opportunities for Chinese commercial vehicles in overseas markets in 2024.
In recent years, spurred by factors such as the Russia-Ukraine war and the increasingly severe international situation, foreign companies have encountered obstacles in the supply chain and raw materials. This, coupled with the increase in China's commercial vehicle supply chain and product cost-effectiveness, has driven China's commercial vehicle exports to increase year by year. Exports will explode rapidly starting in 2022, with 770,000 commercial vehicles exported in 2023, a year-on-year increase of 32.2%, continuing to maintain a high level and effectively driving the overall growth of the industry.The overseas export volume of commercial vehicles has hit new highs repeatedly, and exploring overseas markets has become one of the important strategies of Chinese commercial vehicle companies.
In the more than 20 years since China's commercial vehicles went overseas, pain points such as trade barriers, regulations and technical certifications, and service support have always been the core pain points for OEMs. In particular, difficulties in regulations, technical certification, and product adaptability have caused OEMs to lose their first-mover advantage in overseas markets.
According to the latest EU General Safety Regulation (GSR) requirements, all newly registered M and N category vehicles from July 2024 must be equipped with a full range of European standard regulatory products that comply with EU regulations., specifically including smart vehicle forward Moving Off Information System-MOIS, Blind Spot Information System-BSIS, Rear-Information Detection System-RISE/RVCS, and intelligent speed assist system (ISA).Starting from October 2024, the Direct Vision Standard (DVS) progressive safety system in London, UK, will also be upgraded to PSS (DVS 2024 progressive safety system).
Facing the upgraded implementation of new EU regulations, Chinese commercial vehicles will face more regulatory and technical certification challenges.However, for AUTOEQUIPS Technology Group, which has accumulated 20 years of experience in designated vehicle certification for international car manufacturers, its continuous foresight and high recognition of EU regulations, combined with overseas market experience and professional and technical strength, can help OEMs enter overseas markets. Provide strong support and protection. In response to the upgrading requirements of the entire series of European standard products, Vertex Technology is actively innovating. Through technological breakthroughs and integration of AI algorithms, it can well meet the upgrading requirements of the entire series of European standard products such as UN ECE R151/R159/R158/PSS. , and can also adapt different hardware solutions according to customer models to save costs for the OEM.
All products in the European Standards and Regulations of AUTOEQUIPS Technology are equipped with system failure and self-test modes, and comply with the extremely stringent international security standards ISO21434 and ISO 26262 development processes, software updates and management. We are also the first company in China to comply with UN ECE R155 network security and UN ECE R156 software update (UDS update) development process, and has rich practical experience, providing important support and reliable guarantee for car companies to enter overseas markets.
While international car companies are actively deploying the domestic market, the influence of Chinese commercial vehicle brands continues to increase overseas, but there is still a lot of room to play in the global commercial vehicle market share. This requires our companies in the Chinese commercial vehicle industry chain. Work harder, strive harder, and collaborate to realize China’s intelligent manufacturing on the world stage!
Senior commercial vehicle safety system solution provider
AUTOEQUIPS
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2024 CVEE
