The silver lining is Chinese vehicles retain near zero value due to the horrendous build quality and reliability. I feel like a lot of OEMs just ignore this fact and base the competition off price and "look/feel" alone rather than the actual ownership experience.This is, yet another, demonstration program, of, yet another, not quite solid-state battery.
Solid state has been 10 years away for the last 10 years.
Meanwhile, the Chinese are running away with the market with their cheap LFP and soon sodium-ion batteries.
It's all about cost.
The same was true of American cars in the 70s, Korean cars in the 80s, etc. The Chinese are learning. First they sold cars domestically where they were replacing bicycles and buses for personal transportation. Then they started exporting to south Asia, Latin America. Now they are exporting to Europe. By the time they get to the US, they will have learned how to compete against global brands.The silver lining is Chinese vehicles retain near zero value due to the horrendous build quality and reliability.
I think the desire for cheap goods first and foremost might not ring true when we're taking our lives into account. I don't mind saving some money on a decently priced Lenovo laptop, but that's vastly different than a cheap vehicle that my life might depend on if I get into an accident.They know the China is building factories in Mexico, which will open our market to them. They also know that when the EV mandates hit, the Chinese cars built in Mexico will be readily a available, and cheap.
Walmart and Amazon have taught us that people really don’t give a shit if their crap comes from China, as long as it’s relatively cheap to buy.
The US auto industry is being set up to be knocked down. EV mandates, huge union pay increases, and carbon credits are the tools that are being used to do it. China aims to take over the auto market, as they’ve done with so many other industries from textiles to electronics.
Laugh if you want. I typed this on a Chinese phone, and you’re likely reading it on the same, or a Chinese computer.
We’ll yeah, but we graduate 10 Lawyers for every Engineer so we can always sueThe same was true of American cars in the 70s, Korean cars in the 80s, etc. The Chinese are learning. First they sold cars domestically where they were replacing bicycles and buses for personal transportation. Then they started exporting to south Asia, Latin America. Now they are exporting to Europe. By the time they get to the US, they will have learned how to compete against global brands.
Note that Stlantis just announced that they created a joint venture with a Chinese company, not to bring vehicles from Europe to China, but to bring them from China to Europe. China is graduating 4.5M engineers/year. That is 10x more than America.
They will squeeze all the Western brands out of China, Asia, Latin America, etc. Then put pressure in Europe and America.
The best surprise is when I take an Uber in Cancun, Rio or Malasia and get to ride in brand spanking new BYDs or XPang vs the decrepit vehicles Uber drivers use in the US.
LOL - you have a point there. We have 2 recent graduates in our family. One engineer and one lawyer. Our daughter is in high school and leaning engineer. So, we are covering all the bases.We’ll yeah, but we graduate 10 Lawyers for every Engineer so we can always sue![]()
The issue is you don't even get 3 years out of them. They start breaking almost instantly and there isn't any repair support. They lose like 60% of their value the second you buy them over in the EU. The tarrifs aren't just to protect the OEMs from having to compete with those prices, it's also to protect unwitting consumers from buying a $10k brick.The Chinese cars are designed to be disposable. BYD builds a model 3 competitor (more or less) and sells it for the equivalent of $10k USD. At that price, it’s basically a really large cellphone. Buy it, drive it for a few years, dump it for something else.