New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
Honestly I was doing some research on EVs. Consumers in America, Europe and Japan are quite resistant to adopting electric vehicles. Now on the other hand, Chinese are overwhelmingly enthusiastic about purchasing EVs. The current per capita car ownership rate in China is very low compared to developed nations, which means that for many car buyers in China, their first car will be electric. This bodes well for China's EV adoption efforts. India is underdeveloped right now and will be slow to adopt EVs.
Also this gives me confidence in China's ability to be a world leader in tomorrow's innovative technologies.
AssassinsMace
Lieutenant General
How is the US going to get allies together to work against China? It's economic or militarily or both. I love how US blue collar states have politicians outraged that China is the heart of EV technology when it's suppose to be the US. Maybe it's because Americans haven't embraced electric cars...? Maybe that has something to do with why China is the center of the electric car universe. If the global electric car industry, which btw are made up of US allies, sees China and not the US at the heart of the electric car industry, how are they going to gang up the world against China? If they can't get their own auto industries to do their part against China, they certainly aren't going to war with China.
Not a NEV maker but the Chinese luxury marque Hongqi just had a fantastic January with over 32,000 units sold. Remember it's a luxury marque. 32,000 units a month put them squarely between the first tier players (BMW, Mercedes and Audi) which moves about 60,000 units per month in China and second tier players (Lexus, Cadillac, Volvo) which moves between 15,000 to 20,000 units per month.
Hongqi uses BYD's blade batteries in their EVs.
Hongqi uses BYD's blade batteries in their EVs.