BYD batteries to be used in motorcycles produced by African company Ampersand
Toyota Corolla down to 79.8K RMB in China
AITO M7 hitting 100k registrations this year
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
BYD batteries to be used in motorcycles produced by African company Ampersand
Toyota Corolla down to 79.8K RMB in China
AITO M7 hitting 100k registrations this year
orders so far this month. BYD Qin L/Seal 06 garnering most of the orders for BYD
Yuan family has now hit 1 million in sales
May luxury sales numbers out of China is looking pretty favorable to huawei as expected
The Chinese company Zeekr has banned the sale of its electric cars in Russia
Zeekr is a brand of premium electric vehicles; it was not officially represented in Russia, presumably due to the risks of falling under secondary sanctions. Despite this, Russians actively bought these cars
Photo: Imago/TASS
The Zeekr company has introduced a ban on the supply of electric cars to Russia. The decision will come into force on June 30. Chinese car dealers who cooperate with Russian companies have received an official letter from the company. The founder of the CarClick new car auction, Sergei Pigolkin, told portal about this .
Zeekr did not explain the reasons for its decision and did not talk about the fines that dealers will face if they violate the ban.
Why do you think Geely particularly took this decision? Are they more exposed to US/West than other Chinese car companies?
By the way is BYD present in Russia?
I'd guess because of Zeekr's NYSE IPO
Just one comment, and that is from something I thought I read, that the Chinese automakers were backing off the European markets due to this tariff hike.
That is the question. Would you partner with the European automaker to do joint ventures in Europe this year or next year?
I think the answer should be no for most Chinese car makers.
When the PRC had the condition that foreign car makers had to do joint ventures to access the China market, the world was different, in that those same foreign car makers dominated all car markets in the world, in those days in the past.
Chinese automakers do not dominate all car markets in the world today.
We see where this is going.
A joint venture, could see that joint venture dominate the car markets in the world, together, instead of just one place of some country with certain car manufacturers.
If Chinese car companies have global ambitions, then they got to make that judgement how to make more money, and that joint venture with the European companies may not be the way to do it.
Knowing the Chinese, I think most will agree to the joint venture, but not agree to shared sales as their domestic China plants will be going like bonkers! For the world market!
