Chinese EV Thoughts? Curious on more technical info

[buster]

Doom and gloom aside the Renault R5 is rated by many to be the best EV in the world.

Yeah who knows I could be totally wrong. I don't put much stock in anyone's future predictions anymore.

When was the last time an economist was right about anything?

 

[Cujet]

The West is just going to have to swallow this reality. There is no getting around it IMO. And our wonderful leaders let it happen over the course of 4 decades. Well done.

Maybe. A century of auto construction has its benefits. Upstarts have teething problems galore.

All of my F150’s lasted decades. I fully expect my 2024 to be similar.

I’ll bet a dollar Chinese cars will suffer from needless and unnecessary problems

 

[4WD]

Let China finally innovate and the rest of the world can steal from them for a change.

Guilt free I might add

 

[KrisZ]

We would be quite foolish to allow Chinese companies to flood the car market with their cars.

 

[buster]

Also, 50% of the worlds AI researchers are Chinese.

 

[buster]

We would be quite foolish to allow Chinese companies to flood the car market with their cars.

It would but I think you'd be surprised how many would take them and let it happen.

 

[KrisZ]

It would but I think you'd be surprised how many would take them and let it happen.

Oh for sure, this very thread is evidence of people glamorizing Chinese products.

 

[4WD]

Ain’t it 2/3 of the world’s new coal plants ?
Whomever has never flown over and landed there needs to see it

 

[JeffKeryk]

Oh for sure, this very thread is evidence of people glamorizing Chinese products.

And many are willing to cede the auto business... I just don't get it.

 

[buster]

China has its own problems though so how this all pans out long term is anyone's guess.

"It's bad. It's really bad. Over 20% of unemployment. Millions of youth with a university degree are unable to find a job. At the same time, good plumbers and electricians are making good money. Very similar to Europe and the US actually. The Chinese government refuses to invest in technical schools so young students don't want to enroll in an underfunded trade school. Jobs like delivery driver or taxi driver are saturated with hardly any income. EV factories have been warned to slow down. I don't see where jobs are supposed to come from.
Over 12 million Chinese graduated in July...Next year another 12 million...What on earth are they going to do with them? Send them to the countryside?"

 

[Brons2]

China has its own problems though so how this all pans out long term is anyone's guess.

"It's bad. It's really bad. Over 20% of unemployment. Millions of youth with a university degree are unable to find a job. At the same time, good plumbers and electricians are making good money. Very similar to Europe and the US actually. The Chinese government refuses to invest in technical schools so young students don't want to enroll in an underfunded trade school. Jobs like delivery driver or taxi driver are saturated with hardly any income. EV factories have been warned to slow down. I don't see where jobs are supposed to come from.
Over 12 million Chinese graduated in July...Next year another 12 million...What on earth are they going to do with them? Send them to the countryside?"

You put a lot of that in quotation, what is the source?

 

[buster]

You put a lot of that in quotation, what is the source?

A guy living in China right now. Early 20's.

 

[OVERKILL]

US is ceding the energy innovation race to China. Drill Drill Drill.....we're moving more into fossil fuel industry while China moves towards an electrostate. China is surging far ahead in key technologies and their production at scale. The commitment to the green transition hinged on the US being able to dominate the space. Since it can't, it's basically a global competition with the US pushing energy deals with its trading partners i.e. Europe and Japan buying US natty gas, while China expands BRI with solar, batteries, and EVs/hybrids.

"Meanwhile, China has roared forward. Beijing has doubled down on wind, solar and next‑generation batteries, installing more wind and solar power in 2024 than the rest of the world combined. To China’s delight, the US has simply stopped competing to be the world’s clean energy powerhouse."

"Across the world, utilities are embracing clean energy, choosing lower costs for their customers while reducing pollution. China saw the writing on the wall decades ago, and its early investments are bearing a rich harvest. It now produces more than half of the world’s electric vehicles and the vast majority of its solar panels.

The US can still compete at the leading edge of the energy sector. American companies are developing innovative new approaches to geothermal, battery recycling and many other energy technologies.

But in the battle to become the world’s 21st-century energy manufacturing powerhouse, the US seems to have walked off the playing field. In ....telling, the US may have simply exited one race and reentered another. But the fossil fuel industry – financially, environmentally and ethically – is obviously a dead end."

​

Part of the surge was the elimination of the FIT contracts for Chinese solar domestically, so a LOT of projects were trying to get in before that door closed.

Thanks to the (now transferred) expertise of the USA, France and Canada, the Chinese have more nuclear reactors under construction than anyone else:

 

[PandaBear]

And many are willing to cede the auto business... I just don't get it.

Wall Streets (and indirectly you from your retirement funds), wants the fast money and cash out as soon as possible. Nobody is interested in building a business that last 50 years and will return 20% better than market, everyone including you, wants a 10x stock like Tesla (whose valuation is only about 40% in car businesses and the rest in AI, self driving, robots, energy, etc).

The only people who wants to keep a legacy are the large family business empire like Toyota, passing the torch from grandpa to son to grandson.

We get what we deserve. I'll support a foreign dynasty who build quality product (Toyota?) instead of the accountant CEOs who ruined Intel. Oh let's not forget Carly Fiorina who ruined HP and Meg Whitman who ruined eBay.

 

[PandaBear]

You put a lot of that in quotation, what is the source?

https://www.youtube.com/@fangcun

No English subtitle, but most viewers believe this guy work in the government so he has to hide his voice under AI and use only public data instead of his own internal one. This dude has a way to analyze fake data against fake data and use indirect data to analyze why things are doing so bad. If you use Google lens you probably can understand what he is trying to say and how bad is the downturn in China right now, where the problem is, and how it started. His equivalent job in the US would be some sort of gov accounting office or economist in the banking sector.