China-EV Sector/Hungarian FM
FILE: China - 2023 (CCTV - No access Chinese mainland)
1. Various of new energy vehicles being assembled on production lines
Beijing, China - April 24, 2024 (CCTV - No access Chinese mainland)
2. SOUNDBITE (English) Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade:
"Overcapacity doesn't exist. This is a new industry. This industry is in the making. So, there is a big demand for new electric cars. By 2030, there should be 45 million electric cars driving on the roads of the world. Now we have ten million. Yeah, very far from that. And it's only six years to go, and you know it's very close. Therefore, overcapacity doesn't exist. Lack of capacity does exist. We would need much more capacity to boost this industry. Therefore, speaking about overcapacity is something which is very, very, very far away of reality. And it's just political, ideological statement."
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
3. Ariel shots of vehicles at port
4. Various of vehicles being loaded onto ship
Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto Wednesday dismissed the accusation that there is "overcapacity" in China's electric vehicle (EV) industry, saying it is merely a political and ideological statement.
In an interview with China Media Group (CMG) in Beijing, Szijjarto said that the EV industry is still a burgeoning industry and there is a big demand for EV products globally, so the U.S. hype about the so-called "overcapacity" in China's EV sector is far from reality.
"Overcapacity doesn't exist. This is a new industry. This industry is in the making. So, there is a big demand for new electric cars. By 2030, there should be 45 million electric cars driving on the roads of the world. Now we have ten million. Yeah, very far from that. And it's only six years to go, and you know it's very close. Therefore, overcapacity doesn't exist. Lack of capacity does exist. We would need much more capacity to boost this industry. Therefore, speaking about overcapacity is something which is very, very, very far away of reality. And it's just political, ideological statement," said Szijjarto.
China-EV Sector/Hungarian FM
Dateline : April 24, 2024/File
Location : China
Duration : 1'23
FILE: China - 2023 (CCTV - No access Chinese mainland)
1. Various of new energy vehicles being assembled on production lines
Beijing, China - April 24, 2024 (CCTV - No access Chinese mainland)
2. SOUNDBITE (English) Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade:
"Overcapacity doesn't exist. This is a new industry. This industry is in the making. So, there is a big demand for new electric cars. By 2030, there should be 45 million electric cars driving on the roads of the world. Now we have ten million. Yeah, very far from that. And it's only six years to go, and you know it's very close. Therefore, overcapacity doesn't exist. Lack of capacity does exist. We would need much more capacity to boost this industry. Therefore, speaking about overcapacity is something which is very, very, very far away of reality. And it's just political, ideological statement."
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
3. Ariel shots of vehicles at port
4. Various of vehicles being loaded onto ship
Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto Wednesday dismissed the accusation that there is "overcapacity" in China's electric vehicle (EV) industry, saying it is merely a political and ideological statement.
In an interview with China Media Group (CMG) in Beijing, Szijjarto said that the EV industry is still a burgeoning industry and there is a big demand for EV products globally, so the U.S. hype about the so-called "overcapacity" in China's EV sector is far from reality.
"Overcapacity doesn't exist. This is a new industry. This industry is in the making. So, there is a big demand for new electric cars. By 2030, there should be 45 million electric cars driving on the roads of the world. Now we have ten million. Yeah, very far from that. And it's only six years to go, and you know it's very close. Therefore, overcapacity doesn't exist. Lack of capacity does exist. We would need much more capacity to boost this industry. Therefore, speaking about overcapacity is something which is very, very, very far away of reality. And it's just political, ideological statement," said Szijjarto.
ID : 8373908
Published : 2024-04-25 04:20
Last Modified : 2024-04-25 17:40:39
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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