China’s Electric Car Assault On Europe Will Accelerate In 2023, Then Hit Top Gear

[Hamartia Antidote]

I'm not entirely convinced that electric cars are the future. Hydrogen cell seems to be more promising overall.

It's not going to happen. Nobody is going to happily agree to convert gasoline stations to hydrogen stations...where now you have hydrogen Hindenburg tankers driving around the streets instead of gasoline.

People are going to get spoiled by being able to plug their EV's in at home.

 

[Imam Mahdi]

I see chinas accelerated growth as a future problem for the world. Who knows how china will treat other nations in the future? Maybe they will be exactly the same bully as the USA and another century for humanity will be lost. Look how china already treats tibetians, Muslims and opposition.

 

[Leishangthem]

What i find interesting is when i ask chinese people if they would buy a chinese car - they all say no - as they cite poor reliability of the cars and poor customer support to fix things.

Maybe things have changed - but it take decades to build brand recognition and reputation - just ask the Japanese and Koreans. It will take some time before people take Chinese cars in the west, seriously..

When did you conducted a survey of chinese people?

BTW ,Like 2 Chinese brands started exporting evs in EU from last 1or 2 years only.Chinese eV brands and their latest and most top selling models,aren't even available in Europe,since they can't keep up with demand in china alone.

Only one brand BYD has some scaling capabilities now,but even them ,hires local dealers to procure foreign orders instead of manufacturing locally. Still car brands like byd atto3 ( even leaving the chinese owned brands like MG, polestar) are pulling ahead with specs offered. If byd were to manufacture them in local factories like Toyota,vw,Kia,hyundai ,and further reduced their cost markups, then the likes of byd will eat likely eat up their competitor like they do in china since this year.

 

[Yongpeng Sun-Tastaufen]

BAIC is the biggest shareholder of Daimler AG. It has a lot of experience in automaking.