New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
“Electric cars, such as this concept vehicle from Tata Motors, lie at the heart of India's push for greener transport.”
They're at the concept stage right now.
This Japanese rag needs to address what's the so-called innovative solution that Indian EV makers have introduced into the industry, and not just produced such fluff piece because it's ridiculous. The article sounded like an infomercial; not to mention an overly optimistic appraisal of the Indian market that has yet to produce of show it can or has the market, the buying power from the supposed Indian customers who can and will sustain huge investments and commitment from EV makers.
AssassinsMace
Lieutenant General
This company should make diesel cars exclusively. They're missing a wonderful opportunity to rebrand themselves as VinDiesel.
The problem with Vinfast is, it’s just like Chinese car manufacturers in 1990s, they don’t do the design and they don’t do the manufacturing, they simply import components and put them together.
I mean , given time , you could build your technology and supply chain , but their domestic market is too small, it’s hard to make a deal with auto giants like China did, and the supply chain for auto industry is too large, too complicated. Educated population, infrastructure, political support, most of all, are they willing to sacrifice their motorcycle industry? If not , there’s no future for Vietnamese auto industry
Considering Vietnam is at ~2009 China GDP per capita levels and many many times smaller this is actually quite an impressive achievement.
There is no way Vietnamese carmakers will be competitive in the EV space in the next 5 years. Japanese, German and American automakers will make sure of it, they are already pressured by Chinese EV makers so they won't allow the Vietnamese to do the same. These three countries will heavily subsidize domestic EV productions to compete with Chinese EVs on the world stage, Vinfast will be bankrupt or sold in a few years guaranteed.
Who will supply them with batteries and electrical components? Probably the Chinese will be the supplier.