New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
A fact lost on many people, even "analysts" who should know better.
The way the Indonesians are changing policies for focusing on the US market is interesting. They need to be informed that this is not logical and prudent.
The price war is dying down a little bit as automakers (especially foreign ones) are getting tired of fighting it out and suffering big losses.
BYD killing the entire ICE ecosystem is still going to take probably 3 to 4 years to play out.
the so called overcapacity in China is an overcapacity of foreign legacy ICE capacity.
All these overcapacity of foreign ICE should be transferred to local ICE brands . This would a big boost of Chinese ICE makers sales worldwide.
Electric cars should be much cheaper to manufacture in the long run. Less moving parts and less parts total.
Much of the cost is in electronics but the price for that goes down all the time.
As battery production ramped up the cost of materials also went down as new mines go online.
Much of the cost is in electronics but the price for that goes down all the time.
As battery production ramped up the cost of materials also went down as new mines go online.
Prices going down in normal manufacturing oriented economy like China. At the other side, in greedy imperialistic service economies, manufacturing prices might goes down, but never final product, because their economy would shrink significantly then. Everything must be super expensive, overpriced so they can maintain its economy on fake basis...
Maintenance will also be a lot easier for the same reason.
BYD is looking for local suppliers in Europe and Austrian suppliers are excited about it.