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| Human Horizons |
Update of Decree 26 by the Ministry of Transport will facilitate the approval in Chile of rechargeable vehicles sold in China.
A measure that seeks to enlarge the automotive industry and equate the requirements made to the different markets from which vehicles are imported, announced the Ministry of Transport and Telecommunications when announcing an update to Decree 26, which will make the approval of vehicles easier and faster the homologation of electric vehicles in the Chinese market.
Until now, electric vehicles from the Asian giant that have been marketed in Chile since 2020 had to approve their safety devices and technology according to European, Japanese or North American standards, which resulted in higher costs for manufacturers. By the way, it prevented some models that are marketed in China from being imported into our country for the mere fact of not having the validation of other markets.
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| Wuling Hong Guang |
For the Undersecretary of Transportation, Cristóbal Pineda, this decision was made "after an exhaustive review of the existing standards in China, and which was developed during the year 2021, demonstrating that the vehicle safety elements of said origin comply with levels comparable to others markets already authorised in our country as the European one”.
The measure announced by the Government puts justice in the market, allowing all vehicles to be measured with the same yardstick. In this way, the option is opened, for example, for the arrival of models such as the Wuling Hong Guang, the best-selling electric car in China and which has brought more than a million units to the local market since its premiere in 2020. In China has a price close to 3.5 million pesos (app USD 4,400) and, if it complies with safety requirements (double airbag, ABS, ESP), it could now be offered in Chile without having to seek approval in other countries.
“What the Ministry of Transport did is update the security regulations and minimum mandatory security elements required for any origin and within the regulations that are now accepted, regulations of Chinese origin are allowed -known as GB- and without a doubt which is good news," said Diego Mendoza, General Secretary of the National Automotive Association of Chile.
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| Byton |
This modification is very important since China represents almost 60% of the sale of electric vehicles in the world. In this line, the authority indicated that "it will be much easier for Chinese brands to enter the Chilean market and this also has a drop in prices. It is estimated that Chinese vehicles have a cost between 20% and 30% less in comparison to other producing countries.
This is a measure that responds to the need to encourage electric transportation in the midst of a climate emergency that forces people to reduce greenhouse gases. In addition, it is part of the national electro mobility policy agenda that aims for 100% of the cars sold to be electric by 2035.
Despite the fact that electric cars are positioned as a more expensive option than vehicles that use fuel, the Undersecretary of Transportation maintained that international estimates project that "in ten years prices will tend to be the same between an internal combustion vehicle and an electric one.
Source: El Mercurio & La Tercera
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| BYD |
