The day European automaker lost probably will be the final day of Europe as great power. They already missed out digital and electronic revolution, what else do they have?
Maybe chemical.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
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Maybe chemical.
No, but it might prompt people who make non constructive, gratuitous and provocative posts, to receive the permanent ban that they've been warned about.
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Won't chemical go down the gutter with higher energy prices though?
Or well chemical production in Europe will become uncompetitive atleast.
Well BASF already warned that cutting Russian energy will destroy Germany's industry. Let's see what happen in the future.
Here is an up-to-date case that verifies (4).
There Is a TikTok Challenge We All Need to Face Up To
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TikTok, as we know it today, is only a few years old. But its growth is like nothing we’ve seen before. In 2021, it had more active users than Twitter, more U.S. watch minutes than YouTube, more app downloads than Facebook, more site visits than Google. The app is best known for viral dance trends, but there was a time when Twitter was 140-character updates about lunch orders and Facebook was restricted to elite universities. Things change. Perhaps they have already changed. A few weeks ago, I gave a lecture at a Presbyterian college in South Carolina, and asked some of the students where they liked to get their news. Almost every one said TikTok.
TikTok is owned by ByteDance, a Chinese company. And Chinese companies are vulnerable to the whims and the will of the Chinese government. There is no possible ambiguity on this point: The Chinese Communist Party spent much of the last year on its tech sector. They made out of Jack Ma, the high-flying founder of Alibaba. The message was unmistakable: Chief executives will act in accordance with party wishes or see their lives upended and their companies dismembered.
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You cannot get a more MSM than NYT in US. Yet again, with a deceiving title, the article does not reflect on why China's internet sector has been catching up so quick so well. Instead, from some-not-so-subtle angles, the author blemishes the technical innovation and the commercial ingenuity of TikTok and its creator. Rather, it is once again {China, CPC, Xi} etc. you name it. In the US, our kids are educated with the Constitution and the social norms from day one in grade schools. Respect the rules of the games that people have voted for. But obviously that does not apply to whoever the ruling elites don't like. And yet at the same time they expect the rest of the world to follow and follow. This is yet another example of me saying "they always want to have the cake and eat it too".
I'm not sure how that's possible since Tesla's shanghai factory was shut down for half of April and operating at half capacity for the other half. April will probably be the first month BYD surpasses Tesla in NEV sales in the recent years. Now, Tesla is expected to reach 2 million/year production rate by the end of this year (), but BYD will probably hit 3 million/year by the end of this year. That's not to say Tesla isn't doing great. BYD is just going for a more aggressive ramp up plan than anyone.
One thing I would watch out for is if BYD can outsell Tesla in BEV over the next few years. I would put that as unlikely for now as long as they continue to sell almost as many PHEV as BEV.
It all depends on how much battery supply BYD and Tesla have bought up, and the key bottleneck right now is lithium supply.
BYD and Great Wall are the only auto companies that have made equity investments into any sorts of mines.
supercat
Major
617 GWh would be enough for 10 million passenger EVs. So it would be enough for BYD's planned 4 million passenger EVs and an unknown number of electric commercial vehicles such as electric buses. After these, BYD probably can still supply some other EV makers.
There, there.