New Energy Vehicles (NEVs) in China

PeoplesPoster said:

Good for BYD, but if Chinese factories are closing that means lost jobs for Chinese workers. I hope there are new opportunities for them at BYD or other domestic factories in their area.

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not really. These plants are not in the city. So people that lose jobs will have to find other jobs. At the end of the day, Chinese automakers winning in China is good for China, because all that profits and engineering salaries stay in China.

So remember this before write something like this. I really have no patience for people looking at for foreign companies.

Mercedes Benz seeing weak performances out of China. Not a surprised if you followed my posts


ChangAn Deepal launch L07. I'm not impressed really


Zeekr 7x got launched also, but still not really blown away

Luxshare acquires German auto supplier in likely a move to entering auto supply chain. I think Chinese companies taking over European manufacturing sector companies are going to be looked at not so fondly by Europeans.