CHINA - CENTRAL AND EASTERN EUROPEAN COUNTRIES (CEEC) COLLABORATION ON ELECTRIC VEHICLE MARKET DEVELOPMENT

Goran Pavel Santek, Marko Vidnjevic

Abstract


This paper explores China's collaboration with Central and Eastern European Countries (CEEC), specifically focusing on the partnership with Croatia in higher education, renewable energy, and electric vehicles (EVs). The analysis underscores China's dominance in the global EV market with more than half of worldwide EV sales and charging station installations. On the contrary, despite Croatia's lower overall EV sales, the country is still recognized in the EV market, particularly through the presence of Rimac. The electric vehicle industry in China is witnessing an accelerated growth trajectory, outpacing developments in Western countries. The China-CEEC collaboration could serve as a potential stepping-stone for the Chinese EV companies to enter the EU market and cooperation could play a substantial role in the global EV market's future dynamics, acting as a bridge for Chinese companies to successfully navigate the European landscape. In the context of the article, it should be mentioned that it is predicted that China will also look for ways of cooperating with Croatia in the fields of green power, smart grids, and technologies for collecting solar energy

Keywords


China-CEEC, Electric vehicles, Innovation, International Trade, EV market, Automotive industry

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References


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