New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
Competitor from Geely Galaxy vs BYD Qin+. Not sure how they can compete against Qin's low cost, but we will see
Geely L7 delivered 9673 in 1st full month. That's quite good already
VW with an entirely baffling strategy
VW with an entirely baffling strategy
VW is the satan of the automobile industry. It needs to be eradicated from the earth, like a cancer, as quickly as possible.
In Germany we have a saying:
"Wer nicht mit der Zeit geht, geht mit der Zeit."
He who doesn't moves with the times, will with time, go fade away.
Seems like VW just doesn't care anymore about growth.
supercat
Major
I'm not sure about that, but there is indeed some discrepancy between their plan and forecast.
China's annual auto sales may peak at 40 million units. In comparison, the auto sales peaked at 18 million units in the US. The current auto sales in China is approx. 27 million.
Local brands will have more than 50% market share for the first time this year, and may hold 65% market share by 2030.
SVOLT starts construction of battery assembly factory in Thailand.
Yutong's electric buses for Cyprus provide 5G internet service.
