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Global car giants seek tech allies in China's cutthroat EV market

21 Comments
By Peter Catterall and Qasim Nauman

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21 Comments
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Buick will be out of China in five years.

-1 ( +3 / -4 )

It's easy to out compete everyone when companies stand on the heaps and piles of CCP money.

-6 ( +1 / -7 )

Buick will be out of China in five years.

Eventually, all will be out of China. That's the goal of the govt's "Made in China" initiative: to welcome foreign investment, steal its technologies, and then kick them out, becoming self-sufficient and dominating the global economy. I'm not making this up.

Gotta love Communist dictatorships. The West's overly generous globalists certainly do.

China's EV industry is flying high! Soon, the Japanese and Western automakers (with the possible The BYD Seagull at 10,000 Most of the major carmakers are state-owned, which means they are communist corporations. Even the private-sector ones are headed by members of the communist party.

This is testimony

-3 ( +4 / -7 )

There is a coming tsunami of China will dominate global auto markets and phase out Japan, European and American automobile makers. The world needs : Made in China !

-4 ( +6 / -10 )

There is a coming tsunami of China will dominate global auto markets and phase out Japan, European and American automobile makers. The world needs : Made in China !

Hmmm

https://www.reuters.com/business/autos-transportation/teslas-china-made-ev-sales-fall-18-yy-april-2024-05-07/

https://thehill.com/policy/energy-environment/4580558-more-in-us-say-they-wouldnt-consider-buying-ev-gallup/#:~:text=More%20Americans%20said%20in%202024%20that%20they%20would,than%20those%20who%20said%20the%20same%20in%202023.

-5 ( +0 / -5 )

Many of the Chinese EV makers will go bust. Why foreign companies will also lose out in that market.

-3 ( +1 / -4 )

The North American motor vehicle industry saw this coming twenty years ago, and then missed every opportunity to develop a modern battery-powered motor industry, slow-walked compliance with every environmental initiative and reaped profits from inefficient monsters. Except Tesla. Japan made its revolutionary Ghosn walk the plank and pushes lies about hybrids and hydrogen.

China meanwhile has been looking and learning. Yes, there are subsidies, but the US and Europe have also thrown money at car makers, only to see it spent on production in Mexico, Vietnam and Eastern Europe. Apologists who take one month's sales figures or one opinion poll and pretend they represent a trend are willfully ignoring the big picture, which is this: Toyota has handed its EV customers on a plate to BYD. Battery costs are falling towards a point where EV cars will be significantly cheaper than IC. Who will buy American-made cars and trucks then?

7 ( +8 / -1 )

Chinese EV and Solar panel industry are taking off. In the past year BYD has overtaken Tesla as the world largest EV manufacturer, and China has reduced the production costs of solar panels by 50%. China is also showing significant strength in the field of robotics. It was all fine and dandy when China manufacturers excelled at making low effort knickknacks for the west, but they are about to totally wipe the floor with western manufacturers.

3 ( +4 / -1 )

Hmmm

Why did Chinese Tesla sales fall? Because Chinese brand vehicles are more popular and cheaper.

Why are EVs less popular in the Us this year? Becasue prices are unaffordable.

Guess what happens when you introduce EVs from Chinese manufacturers at a massive discount...

Guess what happens when regulation cracks down on owning Gas-guzzlers...

4 ( +5 / -1 )

China number one!!..

-2 ( +2 / -4 )

BYD is in Japan but not in USA. Proof Japan is an open market (more open than USA)

4 ( +5 / -1 )

China number one!!..

Hmmm…

https://spectrum.ieee.org/the-ev-transition-explained-2659316104

Bingo!

-4 ( +0 / -4 )

Many of the Chinese EV makers will go bust. Why foreign companies will also lose out in that market.

Oh, without a doubt.

-3 ( +0 / -3 )

in other words West get outsmarted by China,this time in case of EV production.

in next 10 years some western brands will be possible to find at wikipedia only.

-3 ( +1 / -4 )

I see space for Japanese automakers due to the quality of Japanese cars. There might be a lot of negativity against Japan in China, but Japanese cars are still highly regarded. South Korea also has a cultural advantage over Japan.

India is another large market that will rival China in terms of auto sales, but Japan is already the largest auto vendor by far with a super majority market share.

-2 ( +0 / -2 )

UAfanToday 02:55 pm JST

in other words West get outsmarted by China,this time in case of EV production.

in next 10 years some western brands will be possible to find at wikipedia only.

China's always provided low end products and this is no different.

-4 ( +1 / -5 )

"They are notoriously conservative companies and their competencies aren't technology"

This is the crux of the matter.

-1 ( +1 / -2 )

It's easy to out compete everyone when companies stand on the heaps and piles of CCP money.

No those are the weak companies as you would expect. The top EV companies are private and got there by competition as you would expect.

-1 ( +1 / -2 )

quercetumToday 09:16 pm JST

The top EV companies are private and got there by competition as you would expect.

Pro-CCP nonsense, as usual.

There are no private companies of any size in China. Every reasonable-sized company must have a CCP cell and, for a large, strategically important company like BYD etc., the CCP is unquestionably calling the shots.

The CCP has poured billions into EVs. It funds, and calls the shots for, all these companies.

-3 ( +2 / -5 )

Pure ignorance

-2 ( +0 / -2 )

Nobody is asking: who is China going to sell these things to if all of the OECD puts up import barriers? Is China going to install charging stations across India and Indonesia? Doesn't seem likely. If China wants to go fully electric domestically, more power to them, but I hope they don't kill us all in the process with their environmentally unfriendly production processes.

-3 ( +0 / -3 )

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