foreign brands's reliance on China market. See VW
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
foreign brands's reliance on China market. See VW
I think China started some kind of gas-guzzler taxes on large engine ICE cars many years ago. That is one of the reasons on model-to-model trim-to-trim comparisons, BBA cars in China most likely have smaller power trains than those in US.
This EU tariff on China EV is just the beginning chapter of a very long story of "How China Beat the West in the Game of Automobile" ......
Eventually, in a few (<6) years, both EU and US will have to accommodate imported EV form China on some twisted business arrangements. The only exception to this eventuality is that China would ultimately lose the semiconductor battle, e.g., failing to produce commercially viable 5nm logic chips in 3~5 years.
They can use the excuse of having to meet carbon quota and add 100 percent tariffs on foreign gas powered car imports.
Imported cars from BBA are a small percentage of total sales in China, which already have large scale local production capacity.
At this juncture, BBA and VW and Tesla are among the "best friends" of China, which are helping in different ways and at various capacity. Targeting those 5 brands are not in the best interests of China for the time being. GM and Ford are dying brands in China. Korean cars are already a lost cause in China. Japanese auto brands are struggling for survival.
Meanwhile, just look at some the counter-measures already announced by China:
Spanish pork import tariff.
French cognac tariff.
Lexus proposal for fully-owned EV operation in Shanghai was rejected.
So far, China has been adopting measured counter-moves for good reasons. This is a long game. Exporting EV is icing on the cake for China while importing China EV is an existential threat to the national industrial base of some western countries.
As far as I am concerned, I have lots of coffee and tea ready while watching and enjoying this drama of the century unfolding in front of my eyes ......
BYD showcased details on commercial battery blade 2.0 recently.
BYD Brazil sales from September
Zeekr got 10k orders during Oct golden week period
BYD Brazil sales from September
Zeekr got 10k orders during Oct golden week period
"ADAC survey: 80 percent would buy an electric car from China
An electric car from China is now conceivable for two-thirds of those surveyed. Younger people in particular have no problem with it, while older people are more skeptical. The main reason: lower price. But the technology also convinces."
An electric car from China is now conceivable for two-thirds of those surveyed. Younger people in particular have no problem with it, while older people are more skeptical. The main reason: lower price. But the technology also convinces."
broadsword
Brigadier
Germans are quality-conscious people who traditionally favor their own makes. 80% is a high number, but that's just for EVs.
Do BYD hybrid vehicles work well flex-fuel? i.e. gasoline blended with ethanol? That might be a factor.