Chinese Economics Thread
- Thread starter Norfolk
- Start date
I don’t think it’s because Tesla is doing bad(apart from their sales in Europe and US that declined due to musk political involvement recently), even today they are still a top seller in China. It’s Just that Chinese companies have been improving very fast.Laggard product, poor design and meme CEO, vs cutting edge products, integration and model choice at better prices
I’m more surprised that ICE still dominate by 65% of exports. I thought NEVs will make up almost 50% this year. It’s even more surprise that BYD has emerged as Chinas second largest car exporter despite exporting only NEVs and no ICE. Since BYD transitioned far faster and better to NEV than other Chinese brandsExport of 6.16 million vehicles in 2025 vs 5.86 million vehicles in 2024, does not look like a lot of improvement.