Chinese liberals mostly. Now that a lot of them are washing dishes in LA based Chinese restaurants I expect there will be fewer criticisms.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
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Chinese liberals mostly. Now that a lot of them are washing dishes in LA based Chinese restaurants I expect there will be fewer criticisms.
Germany had a major current account surplus before the energy crisis, which is already quickly disappearing:
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That suggests the euro is actually undervalued compared to Germany's underlying competitiveness. In other words, if Germany would break away from the euro, their nominal GDP per capita would actually rise.
Trying to debase your currency to pay off your own debt isn't a winning strategy. Japan has tried the "infinitive QE" strategy and it doesn't look very successful to me. So far China has not opted for that strategy, which is a smart approach. But that doesn't change the fact that China is now more indebted (in total debt/GDP) than Germany despite being 4X poorer per capita. Which economy is more impressive?
1. The EU is not a fiscal union, despite the best attempts of the weaker southern countries to make it one. So no, Germany isn't "obliged to support the economies of highly indebted countries". There is no common bond issuance etc. There was a one-time stimulus during the Covid crisis, but a lot of that are just loans (albeit at cheap rates).
2. I agree that China has a structural advantage in terms of cheaper energy. German energy policy (e.g. anti-nuclear mania) has been very stupid for many years. That having been said, I think neither Germany nor China are going to be as dependent on gas going forward as many people think. Renewable energy in both countries is increasing by leaps and bounds.
3. I suspect this is why China isn't rushing with Power of Siberia 2, because it isn't clear if China will need all that gas demand. This suggests that the market will be in a glut going forward.
Anyway, I think this discussion is a bit tangential to the topic so I will end it here. I was just chuckling at the comment that Germany is "too poor" to upgrade their EV network.
Germany has far fewer options than China, especially now with NEVs that German automakers are lagging behind China.
You just assume that the theater the West wants to show officially is true.
In reality, Germany is a vassal state of the USA and subordinate to the bureaucrats of Brussels.
If the European Union is at risk, Germany will be forced to bail out the most indebted countries and spend a lot on it to avoid the disintegration of the block.
Germany is a big economy, but Germans are neither rich nor autonomous.
The majority of Germans live on rent and have very little wealth, depending almost entirely on the large corporations that benefit from the common European market.
If Germany had the chance to get rid of the European Union (which is a puppet of the US) today Germany would be supporting Russia against NATO and would be sharing Europe with China to grow in a new world order. But Germany has no sovereignty and its politicians only obey the US and ignore the future of their own country.
Germany cannot even leave the EU. Brexit only happened because the UK is already a state directly administered by the US. Germany, on the other hand, is forced to support the European Union.
Around the globe, when the word “liberal ” “diversity” “XXX rights” showed up, you know you’d hear some retarded shit
dynamics of lithium pricing
the prices for LiPF6 will likely crash as new capacity come online. Of course, it also depends on lithium carbonate prices.
the prices for LiPF6 will likely crash as new capacity come online. Of course, it also depends on lithium carbonate prices.
Volkswagen Anhui to Invest Extra USD3.3 Billion in China’s Hefei
Volkswagen Anhui Automobile, a joint venture between Germany’s Volkswagen and China’s Anhui Jianghuai Automobile, plans to invest an additional CNY23.1 billion (USD3.3 billion) in Hefei, the capital of Anhui province.
Volkswagen Anhui will spend CNY14.1 billion on a research and development center and nearly CNY9.1 billion on the first phase of a production base in Hefei, Chief Financial Officer Jörg Mull said during the kick-off meeting for a series of events titled Invest in Anhui: a Land of Promise, the city government said on its official WeChat account yesterday.
Last month, at the 20th Shanghai International Automobile Industry Exhibition, Volkswagen announced that it would invest about EUR1 billion (USD1.1 billion) to set up a new wholly-owned unit in Hefei.
The new company, expected to begin operations next year, will focus on the R&D, innovation, and procurement of intelligent connected vehicles. In the future, it will also cover the development of cars, parts, and components.
Last September, VW said Volkswagen Anhui will launch a pure electric platform called the SSP, which will be the base for the production of the Audi Grandsphere, Volkswagen Trinity, and Porsche’s new model, whose market positioning is higher than the Porsche Cayenne.
Founded in 2017, Volkswagen Anhui was VW’s first China joint venture focused on new energy vehicles. The German automaker has a 75 percent stake.
Volkswagen Anhui Automobile, a joint venture between Germany’s Volkswagen and China’s Anhui Jianghuai Automobile, plans to invest an additional CNY23.1 billion (USD3.3 billion) in Hefei, the capital of Anhui province.
Volkswagen Anhui will spend CNY14.1 billion on a research and development center and nearly CNY9.1 billion on the first phase of a production base in Hefei, Chief Financial Officer Jörg Mull said during the kick-off meeting for a series of events titled Invest in Anhui: a Land of Promise, the city government said on its official WeChat account yesterday.
Last month, at the 20th Shanghai International Automobile Industry Exhibition, Volkswagen announced that it would invest about EUR1 billion (USD1.1 billion) to set up a new wholly-owned unit in Hefei.
The new company, expected to begin operations next year, will focus on the R&D, innovation, and procurement of intelligent connected vehicles. In the future, it will also cover the development of cars, parts, and components.
Last September, VW said Volkswagen Anhui will launch a pure electric platform called the SSP, which will be the base for the production of the Audi Grandsphere, Volkswagen Trinity, and Porsche’s new model, whose market positioning is higher than the Porsche Cayenne.
Founded in 2017, Volkswagen Anhui was VW’s first China joint venture focused on new energy vehicles. The German automaker has a 75 percent stake.
broadsword
Brigadier
Maybe their technology took time to develop. After all, 14 years is a lot of time to give rise to suspicions, but I can't find any link to that kind of allegation. Usually, someone would flag a warning if there is a fraud case in startups. And pundits who are more knowledgeable in battery technology than anyone here are not suspicious either. Are they are just being 'jai'?
I can see that their claims are quite astounding. I'm sure more will be revealed as questions are raised, especially their claim that it is cheap to manufacture. Adding the 3rd dimension to the battery charging structure definitely raises the cost. So relative to what is it cheap?
Or maybe they haven't yet showed enough viability for applications for EVs in a realistic way that can be mass produced, and right now we should be skeptical as to their claims and certainly not suggest that Chinese EV giants are somehow in catch up due to -gestures- that??
I recall a pretty famous Solar company in western USA based around leasing solar-trucks and claiming renewable energy tax credits that took quite a few years to unravel - and they didn't have anywhere close to the number of trucks they claims they were leasing out.
All I need to see is that they're 14 years in the running without a product and on Series E funding. Startups don't go to Series E unless they are having serious issues or coming up with a new product. This Colorado company is obviously not in the latter case.
They're not literally trying to defraud you, just selling a pipe-dream to suckers.
SpaceX managed to successfully fly their Falcon 1 within 6 years of company founding. By 8 years, they already had their Falcon 9 and by 10 years, they were taking over commercial contracts. Ming Yang started producing wind turbines within 1 years of founding, created their innovative SCD turbine by the 4-year mark, and offshore turbines by year 7. BYD created their auto division in 2003 and started producing the world's first PHEV within 6 years. The story goes on and on. 14 years and Series E means it's probably going to go bankrupt soon rather than produce any product.
broadsword
Brigadier
That's not unique to them. Every so often, there are new breakthroughs in batteries, solar cells and other renewable technology in the Chinese labs and yet we don't seem so skeptical. If the Chinese companies lose the technological lead for too long, they will lose their market share and will take them longer to claw back, which they will eventually, no question about that.
As to 'cheap to manufacture', I think it's just pedantry. They never said 'cheaper'. So to those who can afford the 'necessity/luxury' of 3- minute full-charging.