It looks like they are all outselling Lucid, rivian, and fisker etc.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
It looks like they are all outselling Lucid, rivian, and fisker etc.
Sales are up, but stock prices are way down.
With the second tesla plant in China, there is no need for more plants elsewhere like India.
One thing that I appreciate from Musk Simp is that they even acknowledge that Giga Shanghai >> Giga Fresno. Instead of just muh slave labourrrr
Yep, that's their focus and what they are known for. Most impressive.
All 3 of the 'celebrity gang' have interesting diverging focuses, setting them apart from each other and from BYD/Tesla - the problem is, will it be enough?
US politicians are ready to dump all over NASDAQ and NYSE. Their pursuit of the Ukraine war and China trade war is a good sign of it. US government doesn't give 2 craps about EV because their alternative is just to keep making ICE cars.
One thing BYD does have is more political clout. As you mention, they have the union shop, it is never acceptable to close a union shop. Beyond that, they seem to have a lot of political connections because a lot of politicians keep talking about “potential economic benefits” of working or buying BYD. Huawei never had this support.
India is unbelievable. Chinese companies are the only ones left willing to invest in the Indian minefield and you do your best to drive them out. Worse yet, the lower cost of Chinese machinery can provide a larger industrial base at a lower capital investment.
If you caught it, MINI EV (that is the "British" one) will only be made in China starting next year.