New Energy Vehicles (NEVs) in China

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BlackWindMnt

Captain
Registered Member
Gloire_bb said:
EU is a rich space, it's a solvable hurdle.
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To be honest with Germany having entered recession and huge debt levels I'm not so sure there's enough money to rebuild the EU infrastructure for EVs..

Even if they printed all the money needed and kept inflation in check. Does the EU even have the project management talent to make it a reality on time and within budget.
 
Q

quim

Junior Member
Registered Member
mossen said:
Germany's total debt (private+public) as a percentage of GDP is lower than China's despite having a per capita income about 4X higher. Some of the takes on this forum are pretty hilarious.
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Germany is obliged to support the Euro and the economies of highly indebted countries like Italy, Greece, France and others of the EU. And without cheap Russian gas and market, Germany also loses some of its competitiveness to China.
 
coolgod

coolgod

Brigadier
Registered Member
mossen said:
Germany's total debt (private+public) as a percentage of GDP is lower than China's despite having a per capita income about 4X higher. Some of the takes on this forum are pretty hilarious.
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Talking about debt without talking about what currency it is denominated in is pretty pointless. Unlike Germany, China has monetary sovereignty, China can always print RMB to pay its debt. China has full control over its interest rate and debt monetization, Germany does not. Your take is actually the hilarious one.
 
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tphuang

tphuang

Lieutenant General
Staff member
Super Moderator
VIP Professional
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https://twitter.com/i/web/status/1662543964006744066

Photos from the byd Indonesia mou. Keep in mind there are real political considerations for byd when it's picking factory locations.

I have said for a long time that Indonesia will get a plant. Now, it sounds like byd is committing to a large base.

Why am I saying this? Well it's obvious that Malaysia has been very pro china, especially with new govt. They will get rewarded. Especially if Huawei gets to enter 5g in Malaysia. They will get some kind of plant from byd or catl.
 
Philister

Philister

Junior Member
Registered Member
BlackWindMnt said:
To be honest with Germany having entered recession and huge debt levels I'm not so sure there's enough money to rebuild the EU infrastructure for EVs..

Even if they printed all the money needed and kept inflation in check. Does the EU even have the project management talent to make it a reality on time and within budget.
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Euro 7 is basically economic suicide, along with their other “eco friendly ” standards, the whole “promoting something you aren’t manufacturing” thing is rich.
China and US promote it cuz they are making money in it, what’s there for EU to gain? Instead of energy drink, these guys are drinking ideology drink like crazy.
 
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