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?
Chinese EV Thoughts? Curious on more technical info
- Thread starter nobb
- Start date
When was the last time an economist was right about anything?
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
$50 site donor 2025
Guilt free I might add
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.
Oh for sure, this very thread is evidence of people glamorizing Chinese products.
4WD
$50 site donor 2025
Ain’t it 2/3 of the world’s new coal plants ?
Whomever has never flown over and landed there needs to see it
Whomever has never flown over and landed there needs to see it
And many are willing to cede the auto business... I just don't get it.
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?"
"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?
A guy living in China right now. Early 20's.
OVERKILL
$100 Site Donor 2021
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:
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.
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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.
That is my view.
It’s like longing for 70’s era Fiats
Chinese transportation appliances should be legal and limited.
It’s unfortunate The sub $10000 NEV market was completely killed oddly by new regulations, as low cost city cars these things could work well especially in areas without rust. When the Nev market died the medium speed regulations also died (45mph limit)
Real cars at real prices in the us market if legal barriers were removed would likely result in a lot of sour grapes, mandatory minimum bumper to bumper warranties and mandatory parts availability would be a minimum but considering Chinese manufacturers tried federalized car sales before tariffs and new laws existed (2013-2015). And just went under I don’t see it going well this time either.
For starters US actions up to and including 2020 resulted in China emotionally knee jerking 50 years of progress and expertise to recentralize their .gov power base and put a stranglehold on their industry clearing house to only focus factories on specific types of production with centralized control. (They had individuals who understood a given market and product who are now gone, replaced by a beuracrat in the central government)
This killed a lot of sales (nobody on the other end of the line to fullfill existing orders) and is blocking them out of markets they otherwise were the go to for.
They now are pumping products of which demand is distorted in a pump and dump fashion.
Add to this the Chinese workforce is rapidly aging and shrinking so past practices won’t work without warm bodies.
Scrambling their workforce up after years of specialized skills run in a distributed fashion (like a real business) has likely set them back decades in many fields
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