It’s happening – Your next car could be Chinese

upepo

upepo

Elder Lister
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People look at a BYD Company car, at the 2023 IAA Mobility auto show, in Munich, Germany, September 10, 2023.

Chinese car makers are ramming the gates of Western car markets, ready to set off a bloodbath of historic proportions. In a mere 15 years after Tesla released its first electric car, China has managed to build a robust Electric Vehicle (EV) manufacturing capacity that is almost impossible to compete against. Chinese car makers have rolled out such a wide choice of appealing EVs they make Tesla look like Ford Model T, not to mention the pricing, which is half that of Tesla for comparable models. With no competition to compare with, Chinese EVs are setting a new standard the same way Japanese car makers did in the 1970s. And they do not look like the typical Chinese product that gives you a lower quality at a much lower price. Manufacturers seem to have put serious effort in all design aspects, stunning the market with cheap, stylish, and high quality vehicles.

Western countries that have preaching green mobility no longer view it as an urgent matter after discovering that China will decimate their auto makers overnight. So, how bad is the situation? It is critical. Many of the EV models are retailing at prices comparable to petrol/diesel cars but with futuristic functionalities. The United States is imposing a 100% tariff on Chinese EVs while Europe is still debating a response. Europe’s position is complicated by that European car firms rely heavily on the Chinese market and hence the likelihood of reprisals should they enact punitive tariffs. Countries with no local car firms to protect, like Australia, are already being flooded with Chinese makes.

Given that China controls most of the EV supply chain from mines to processing to manufacturing, no country can avoid Chinese suppliers. I am now beginning to see why the West is paranoid about China. If China were to be left unchecked, Westerners will be seeking domestic work in China a few decades from now.
The pictures below feature a few popular releases in the Chinese domestic market, now gunning for the world market.

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upepo said:
Given that China controls most of the EV supply chain from mines to processing to manufacturing, no country can avoid Chinese suppliers. I am now beginning to see why the West is paranoid about China. If China were to be left unchecked, Westerners will be seeking domestic work in China a few decades from now.
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Instead of trying to be competitive by cooperating with China to take advantage of emerging techs, they have been thinking of "checking" the dragon; more like trying to hobble a galloping wild stallion. Trump's poor decision with Huawei, and restricting sales of chips to China, have yielded consequences that are hurtful to the very biznas they sought to protect. China accelerated the development of its own microchip industry and is now almost self sufficient. Recently, the US have had to secretly buy Huawei's tech from 3rd parties - at a premium of course- and in some instances found the smuggled tech to be geoblocked for Continental North America.
 
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The most exciting thing about this transition is the world is about to show mwarabu the middle finger. Just last year 600 billion from Kenya went to them, not because they invented a great product, no, they just won the geologic lottery. Once China and Europe wean themselves from oil, or at the very least their demand comes down, we will have some good times with low petroleum prices
 
shocks said:
The most exciting thing about this transition is the world is about to show mwarabu the middle finger. Just last year 600 billion from Kenya went to them, not because they invented a great product, no, they just won the geologic lottery. Once China and Europe wean themselves from oil, or at the very least their demand comes down, we will have some good times with low petroleum prices
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Zero rating EVs could easily reduce our fuel import bill and maybe stimulate more investments in the power sector for cheaper electricity. Since the adoption would be gradual, the government would have enough time to figure out alternative ways to make up for the forgone taxes.
 
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