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Western firms are quaking as China's electric-car industry speeds up

32 pointsby j-a-a-pover 1 year ago

11 comments

igammaraysover 1 year ago
China fact of the day: <a href="https:&#x2F;&#x2F;marginalrevolution.com&#x2F;marginalrevolution&#x2F;2023&#x2F;09&#x2F;china-fact-of-the-day-72.html" rel="nofollow">https:&#x2F;&#x2F;marginalrevolution.com&#x2F;marginalrevolution&#x2F;2023&#x2F;09&#x2F;ch...</a><p>Notice how this hockey stick growth started shortly after February 2022, i.e. is a direct result of Western sanctions on Russia: <a href="https:&#x2F;&#x2F;x.com&#x2F;brad_setser&#x2F;status&#x2F;1670842577862508556?s=46" rel="nofollow">https:&#x2F;&#x2F;x.com&#x2F;brad_setser&#x2F;status&#x2F;1670842577862508556?s=46</a><p>edit: Chinese customs data shows during the first 11 months of 2023, China&#x27;s vehicle shipments to Russia soared 545% from a year ago, to 840,000 units, making it China&#x27;s fastest-growing market. New energy vehicles (NEVs), such as hybrids and electric vehicles (EVs), were also fueling the record production and exports”.<p><a href="https:&#x2F;&#x2F;www.voanews.com&#x2F;a&#x2F;russian-market-evs-give-china-fuel-to-pass-japan-as-top-car-exporter-&#x2F;7438398.html" rel="nofollow">https:&#x2F;&#x2F;www.voanews.com&#x2F;a&#x2F;russian-market-evs-give-china-fuel...</a>
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RamblingCTOover 1 year ago
I&#x27;m still skeptical. Let&#x27;s wait for a few years and see how the quality, after market and customer support really is. In my experience, that&#x27;s not a strong-suit of chinese brands.
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wegfawefgawefgover 1 year ago
I just want a normal car with buttons and knobs. New at &lt;= $10,000. I dont need power windows. I dont need backup cameras. I dont need infotainment.<p>Tons of people I know buy beaters from 20+ years ago because thats all they can afford, but would rather buy a new cheapo thing if it existed.<p>There is a massive untapped market for cheap vehicles. nobody serving that market.
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taneqover 1 year ago
A family member got a BYD Dolphin recently and it seems really nice. Not quite as chic and Apple-esque as a Tesla but heaps of cool features, surprisingly quick for a non-sports model, gets better range than advertised. Given the price relative to other similar vehicles I&#x27;m not surprised they&#x27;re selling like hot cakes.
hnburnsyover 1 year ago
Without a dealer network how will they sell in the US?<p>Will the UAW and their friendly politicians allow China to destroy the US domestic brands?
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apiover 1 year ago
This is what they get for investing in anti-EV FUD instead of investing in EVs.<p>It’s also what they get for enshittifying cars. China might sell me the car I want: simple, ultra reliable, long range, no infotainment system, no tracking, no subscriptions, no attempts to foist software on me, and made of standard parts making it cheap to repair. Just a motor, battery, wheels, and basic car comforts.<p>I don’t want to see China win this one but I’ve felt it coming for a while.
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segfaltnhover 1 year ago
The article has a click bait title and then opens up with how fast the Chinese electric cars are compared to high end gas cars. Like, that&#x27;s a core property of electric cars, nothing to do with incredible innovations in China...
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nottorpover 1 year ago
I don&#x27;t know what the economist is saying because paywall, but the proud western * auto industry with hundreds of years of tradition combined should work on reducing prices instead of on super premium electric cars.<p>* and Japanese. What are you thinking with those PHEV Rav prices, Toyota?
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matthewfelgateover 1 year ago
We should ban Chinese cars from European and American roads.
Dalewynover 1 year ago
I have sincere doubts of &quot;quaking&quot;s happening, the west seemingly wants Pax Sino to arrive in full force and replace Pax Americana.
socoover 1 year ago
&quot;quaking&quot; I had to google that up to figure out whether I want to read the article or not.
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