India media tests drive the China SAIC cars and feel excited on the Chinese vehicles

[Han Patriot]

SAIC says it also has the plan to bring its full electric car models to India. I'm not sure if SAIC Roewe Marvel X, SAIC's flagship model, is in the pipeline. If they do, I guess the model will be bearing the MG logo in India, because MG would be with higher acceptance in India.

Highlights of the flagship model of SAIC Group.
- Marvel X is a full-electric SUV model; it has a 53kwh battery pack, and 400km in range
- 40 minute fast charge to 80% of the electricity
- Equipped with almost all kinds of safety/driving assistance technologies
- Real view navigation
- A very futuristic cabin.
- Priced at RMB 300k in China (or 3 million INR)

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Real view navigation:
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Front trunk of the vehicle:
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Marvel X on the road
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Marvel X in charging:
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Charging bill:
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(41.93 kwh electricity charged in 40 min. 32 seconds; at the cost of CNY 26.94)
(one CNY = ten Rupee)
FYI: This amount of power (42kwh) could support the car to run around 300km. I.e. 300km drive costs INR 300, per km cost is one Rupee only.

I mean look at those features, the best way to sell Chinese cars is to rebadge Chinese models with a European badge, and sell at Chinese prices, the Indians will flock to buy it. Sell Geeky with Volvo/Lotus badge, sell SAIC with MG badge. It's already doing well in Thailand.

 

[Nilgiri]

It is simply appealing to invest the current account surplus to India as FDI which delivers far better returns than say holding US T-bonds. This should continue even with a much smaller current account surplus going forward.I guess the only concern from an investor perspective is major depreciation in Indian Rupee.

US can no longer blame China for driving its real interest rate down ie "saving glut" (fact that they have enjoyed low rate for years). they will find it more expensive to fund their deficit goimg forward.

Yes I blame US govt/policymakers much much more. China just provided the means to an end the US govt itself crafted with policy, lack of policy and selective implementation.

That needs much more deeper study of US govt and the post cold war era, which is too long of a subject and off topic here .

But you are right that its quite "simpler"/"direct" with India given India is much more smaller economy than US....so while the ham-fisted "beserker" weaponry of US is not available to India as much....this benefits India as we can actually focus on the nuanced "yoga" of the economic theory implementation (and the responsiveness is still quite good given we don't have a vast wealth-services sector that pads the numbers beyond the 90% of real typical people)