China’s Car exports skyrocket as Electrified cars approach 50% market share

China’s Car exports skyrocket as Electrified cars approach 50% market share

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#chineseev #sharemarket #export #byd #zeekr

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[TRAVELYIP]

It isn’t a prediction, it’s a warning to politicians worldwide about the result of anti-competition and protectionism.

[ChangLi-ot]

Are you spreading the lies that "EU said every car exported the Chinese government pays a set of fee"? The days of Chinese government subsidies exports are long over so many years ago. Find your own facts!

[jogana]

US sanctions are tantamount to telling the world:
Chinese EV is the most competitive.

[MrAmhara]

Stop complaining about China. Improve your country instead. You only cry.

[America_bombsTSMC]

in china, EV car manufactures are free to compete, so some best cars can be produced.
in west and japan, old ICE manufactures are reluctant the transition to EV, so no compatible EVs appear.

[TAL]

Chinese EVs will create their own market where it didn't existed before. Chinese EVs are cheaper and less maintenance. And most developing countries can use solar power. It would be cheaper than importing oil. A lot of people don't realize that distilling crude oil only pollute the air. Most developing countries are already pretty polluted.

[ablam]

Xiaomi's SU7 electric car receives over preorders in China, in first few minutes of being on sale. $700 places the order. It is a beautiful high end car that starts priced at only $29, 000. I would love one, but sadly i live in Canada.

[amandagrant]

What I want to say is that even for ICE vehicle, China's exports are increasing greatly.
In April 2024, China exported 390, 000 ICE vehicles, a year-on-year increase of 41.6%;

[americannumber]

hey all, send your kids to learn Chinese

[multipolarworldorder]

In 20 years time there will be other places making vehicles not just China in my view. China will be the lead manufacturer in my view.

[banfield]

Don't you think US tariff is letting its automobile industry losing competitive power and will lose market eventually?

[smefour]

Its our own fault, we dragged our feet for too long

[lambertgiang]

If the economy is so bad, then how come the tourism sector flourished especially in the labor's day Holiday period? How reliable is your news, Sam? Don't over dramatize that every car is going to come from China, with your resource you should have noted that Great Wall Motors and BYD are going to produce in Hungary and plant building this year? On top of that CATL is going to put Hungary as the fourth battery largest production capacity in the world. Real Estate is only a small problem and is getting fixed unlike US's trillion Debt that will increase by 1 trillion every 8 months and more in the coming future. I believed that all the govt in the world would envy the economic problem China has right now.

[DW-oply]

I can hear in my head

China!!! … China!!!… China!!!

[chillfluencer]

China Evergrande isn't a big issue - unlike 2006 in the USA: a year before the crisis started,  financial institutions lent out $600 billion in subprime mortgages, making up almost 1 out of 4 (23.4%) mortgages. Cheap credit and relaxed lending standards allowed many high-risk borrowers to purchase overpriced homes, fueling a housing bubble.

China Evergrande still builds homes and is under the regulation of a real government: the Chinese one. Unlike in the West this company doesn't just get saved with tax money but is under harsh regulation so it can grow up...unlike the US companies that continue just like before.

[dxelson]

"too many cars manufactured in China" have you looked at the percentage of cars exported by Chin in comparisson to Germany and Japan?

[metrotrujillo]

asia, latin american, africa
china is going to destroy the competition if europe and usa does not start to make very good cars, outside nato area

[meime]

Even with 100% import tariff, China manufacturers can still win the game.

[geektechpow]

Well all depend on the cost of energy. You can't manufacture any car if your energy is expensive, that's what happening in EU and US... and reason why China has secure oil and gas from Russia, Iran, Saudi, Iraq.. and indeed China is the only country that have secure so much contract about energy.. Maybe India might come to a top 5 about manufacturing.

[godzillamothra]

China and global south car market already far surpassing US market. China can live without US market. Global south has no auto industry to protect, they would be more than welcome to receive Chinese EV investment. Global south is where China should focus the EV investment.