why? they are not the one footing the bills for the factory
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
Top 10 sedans in China for August. top 8 are all what I would consider compact or hatchbacks (cheap, small sedans). This is the market where foreign JVs get wiped out first
After all, electricity is just cheaper than gas
GAC Honda is now re-exporting Odysseys back to Japan
you see japanese automakers increasingly doing this due to low utilization
After all, electricity is just cheaper than gas
GAC Honda is now re-exporting Odysseys back to Japan
you see japanese automakers increasingly doing this due to low utilization
Risk mitigation. The US has become untrustworthy for Chinese companies to do serious business in. Like in any partnership, CATL must have put in their share of effort to move the deal forward. Such cost should be covered.
Dam US is quickly becoming a hard place to do industrial business in if you have a Chinese partner.
minimal. All it has committed to is people working on a project. Not a big deal to secure such a large contract
new version of BYD Song Pro DM-i launched. BYD really pushing this price war
7th skyrail project put into operation in Hefei's BYD campus
big week for BYD in terms of registration. They've been going hard on the price war front due to all the additional capacity coming online.
about 64.8k between BYD & Denza. That's hitting new heights
about 64.8k between BYD & Denza. That's hitting new heights
broadsword
Brigadier
Isn't Deepal the new kid on the block? It seems to have a running start at 5th.
I wonder if it would be a good idea for the Chinese government to push for local JV partners to sell their stake to the foreign partners.
One of the biggest factors holding these foreign companies back from exporting via China is because they only get 50% of profits if they do so.
At this point, it's pretty pointless for local companies to continue holding stakes in these joint ventures considering they don't add anything nor absorb any knowledge. Just give them 75/100% stake and watch all the unused factories start becoming major export hubs
One of the biggest factors holding these foreign companies back from exporting via China is because they only get 50% of profits if they do so.
At this point, it's pretty pointless for local companies to continue holding stakes in these joint ventures considering they don't add anything nor absorb any knowledge. Just give them 75/100% stake and watch all the unused factories start becoming major export hubs
BYD Denza N7 with new ADAS package that it unveiled. I will have more on this