Chinese Economics Thread

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Overbom

Brigadier
Registered Member
Tyler said:
Evergrande has already built big EV factories in Nansha and Shanghai. All they need is to start producing cars.

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Evergrande_Werk_Nansha_1.jpg
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Building things is easy. Its manufacturing that is hard.

How advanced is their manufacturing processes, their engineers, their QA, supply chain, management, etc.
If we extrapolate from Evergrande's real estate performance then their EV division is destined to be garbage.

Would rather these building be "donated" to BYD/NIO/Xpeng
 
T

Tyler

Captain
Registered Member
Overbom said:
Building things is easy. Its manufacturing that is hard.

How advanced is their manufacturing processes, their engineers, their QA, supply chain, management, etc.
If we extrapolate from Evergrande's real estate performance then their EV division is destined to be garbage.

Would rather these building be "donated" to BYD/NIO/Xpeng
Click to expand...
Evergrande's EV factory are already fully equipped with all the machines and robots. They even have a few car designs. What they don't have is the funding for manufacturing. With China's booming EV market, Evergrande's EV factories will be producing large numbers of cars for other Chinese EV makers, which are all expanding their capacities.

The bashers of Evergrande will be disappointed as they make money like crazy over the next couple of years.
 
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broadsword

broadsword

Brigadier
Tyler said:
Evergrande's EV factory are already fully equipped with all the machines and robots. They even have a few car designs. What they don't have is the funding for manufacturing. With China's booming EV market, Evergrande's EV factories will be producing large numbers of cars for other Chinese EV makers, which are all expanding their capacities.

The bashers of Evergrande will be disappointed as they make money like crazy over the next couple of years.
Click to expand...

I bet their first model is named MaRiNA VX. :cool:
 
Suetham

Suetham

Senior Member
Registered Member

The world's largest pumped-storage power station is officially put into operation

According to reports, Fengning Power Station ranks first in the world in terms of the two core indicators of pumped storage power stations, installed capacity and energy storage capacity, with a total of 12 300,000-kilowatt single-stage reversible pump-turbine generators and motor units installed. The total installed capacity is 3.6 million kilowatts. The full utilization hours of 12 units can reach 10.8 hours, which is the largest in the world with pumped storage power stations. It can store nearly 40 million kilowatt-hours of new energy at one time, and can consume 8.7 billion kilowatt-hours of new energy throughout the year. The world's largest "super power bank".



China rail network to expand with 3,300km of new tracks in 2022



Beijing-Hong Kong HIGH-SPEED rails new section starts running, with China's total high speed rails topping 40,000kms​

 
Suetham

Suetham

Senior Member
Registered Member

Build build, build...Shenzhen-Zhongshan cross-sea tunnel is nearly half-completed in China's Pearl River Bay region​



China’s US$34 billion Baihetan, the World’s 2nd largest hydropower station after The Three Gorges Dam, counting down to full-run, all 16 million-kw units installed

China’s US$34 billion Baihetan, the World’s 2nd largest hydropower station reports all its 16 million-kilowatt hydro-generating units have been completely installed with the last generating rotor being lifted into place

The rotors are essential to sustain the safe and steady operation of the hydro-generator units in the long run

This means the hydropower station, located on the border between SW China’s Yunnan and Sichuan provinces has started pre-operation countdown

In July 2021, the project's first two 1-gigawatt (GW) turbines started operating

When all generators are up and running in July this year Baihetan will be able to produce more than 62 terawatt hours of electricity a year

A total of 52 million tonnes of carbon dioxide emissions are expected to be reduced when it is in full operation

Power generated by Baihetan will be sent to affluent provinces in China’s Yangtze River Delta including eastern provinces of Jiangsu and Zhejiang

Built by China Three Gorges Corp., the construction of Baihetan started in 2017

The project is part of China’s scheme to generate electricity and deliver it to high energy-consuming regions on the east coast



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