escobar
Brigadier
Never ending discussion on state industrial policy..
Is the original launch name of the Avatar brand 阿凡达? Because it sounds nice both in Chinese and English
Not mentioned is also state support to the Tesla factory in shanghai.Never ending discussion on state industrial policy..
Never ending discussion on state industrial policy..
Yes, state support DEFINETELY doesn't work in China. I hope the US doesn't follow this flawed model.Never ending discussion on state industrial policy..
Also I think the issue with Chinese startup EV sales are supply rather than demand. Waitlist time is quite long.Not mentioned is also state support to the Tesla factory in shanghai.
If Americans really believe that USG does not meddle in the market, they are delusional.Never ending discussion on state industrial policy..
The year 2020 when I start reading pundits writing about China I realize that majority If not super majority are not worth reading.If Americans really believe that USG does not meddle in the market, they are delusional.
US meddling come in the form of tax rebates and incentives.
What US lack is a comprehensive and dynamic approach to meddling. They know they want their industry to win, but where the industry is going and how to encourage it is their weak link. The US seems to put a tax incentive in place, but then all the lobbyist gets involved and those incentive stay in place, way past the point of encouraging grow and competitiveness.
For example, it was a gamble to let in Tesla, but ultimately it will be a win for the Chinese EV makers as they have to up their game to survive.
To get a sampling of how China does it, read this article at Macro Polo
The Atlantic article is misleading, as it point out all the problems with government subsidies, but does not discuss Chinese techniques in culling the herd and nurturing champions.
Anyhow, just because bunch of amateur congressman here in the states can do it, does not mean industry insiders and SMEs at Chinese academy of sciences cannot.
If Americans really believe that USG does not meddle in the market, they are delusional.
US meddling come in the form of tax rebates and incentives.
What US lack is a comprehensive and dynamic approach to meddling. They know they want their industry to win, but where the industry is going and how to encourage it is their weak link. The US seems to put a tax incentive in place, but then all the lobbyist gets involved and those incentive stay in place, way past the point of encouraging grow and competitiveness.
For example, it was a gamble to let in Tesla, but ultimately it will be a win for the Chinese EV makers as they have to up their game to survive.
To get a sampling of how China does it, read this article at Macro Polo
The Atlantic article is misleading, as it point out all the problems with government subsidies, but does not discuss Chinese techniques in culling the herd and nurturing champions.
Anyhow, just because bunch of amateur congressman here in the states cant get it right, does not mean industry insiders and SMEs at Chinese academy of sciences cannot make subsidies work.
Yep. Already seen how China can mobilise to damage Tesla Rep inside China. Some media coverage here, some convenient protest there, add some customer complaints salt and you got dinner.I don't actually see letting Tesla into China as much of a gamble.
When autonomous cars are commonplace, can you ever imagine fleets of Chinese-controlled cars running on American streets?
The same logic applies to US-controlled cars running on Chinese streets.
So in 10 year's time, Tesla's market share in China will be ZERO.