China could CONQUER car market like Japan in 80s | Biden killed this
Chinese EVs were on the cusp of conquering the US car market..... UNTIL the Biden regime passed the so-called "Inflation Reduction Act" which is a typical US euphemism for an auth rian bill that is trying to kill Chinese tech by not allowing China to buy chips, chip fab machines and by tariffing all Chinese EVs.
It's never about national security, and always about national supremacy.
I had the same idea. If US won't let Chinese car import, China would just tell GM and Ford to get out. If China can't sell cars in US, then US can't sell cars in China! From what I've read, the Chinese cars are very well built and the user interface blows the competitions away, including Tesla.
Why can't america just accept the reality that somebody can do something better than them, and that there's nothing wrong with that? I mean, why is that a problem? Nobody made them ship their manufacturing sector out. Their attitude about these things is so juvenile.
I have to admit that the advancement of Chinese EV technology took me by surprise. It seems that the more the US tries to curb China's rise, the faster China's pace of innovation and accomplishment grows.
I recently purchased an EV SUV by BYD (I’m in Central America) and I have owned BMW , Honda and Toyota SUVs none EV but gas.
This new BYD is the best one hands down. The U.S. government screws the American public again and that why I moved out.
The energy crisis in Europe will accelerate EV cars even faster, China was 100% correct to do a 180 a decade ago switching full throttle into EVs !
The US passing such laws that penalize consumers to protect big business is pretty auth rian if not fascist i.e. tight control of industry and commerce, and promoting nationalism and often racism.
Armament Armed Arm
There was a quality survey in China around 2017 in which the best Chinese brands were ranking about the same as Nissan and Chrysler. That means they were already good enough. The only reason they haven't come for the US and Japan is that the capacity is being taken up by Chinese consumers, and ones in the develo world who were only ever in the market for used vehicles before.
If the US manufacturers don't give what consumers want, then yeah, we will be beaten by all the global car manufacturers in the world...not only the Chinese.
In the 2021 calendar year, Cadillac sold 231,800 units in China compared to the 118,032 units sold in the U.S. during the same timeframe, a spread of 113,768 units, or about 96 percent.
In my opinion China build cars better than America. Also Japan build cars better than America as well in my opinion. When I lived in Okinawa I had a Nissan Skyline and it was gorgeous.
Can’t wait to buy my first Chinese EV
It wasn't an invasion. It was an invitation. US car dealers fell over each other trying to sell japanese cars.
This guy Munro is a car expert. I viewed most of his review. He did one for NIO which is the Chinese luxury EV car. He rated it best in class and will give Tesla and other German top brand a run for its money. NIO is now selling in Europe and will likely launch in U.S. when the political climate improve which I believe we will be soon hopefully next year.
When a young man I know bought a NIO ES8 2 years ago I was kind of shocked, he paid more than a series 5 BMW sedan. It's really different now.
I can't wait to drive my NIO in America and well and call and text everyone on my NIO phone.
Yes, I hold stocks in NIO also. NIO is gonna be HUGE
im sure those people in the congress will write a new law and band Chinese import, " national security , privacy, car will spy,,,etc " same old same old,
The only way for the American companies to compete with Chinese companies is to come up with better products instead of playing dirty games with China. China only plays fair game with better design, better price and more environment friendly products.
To be fair the US killed all car exporters, and the only way to sell in the US realistically is to open a factory there or be super competitive.
Tesla is and will continue to dominate in the US. But most Western manufacturers are screwed anywhere outside the US. The Chinese auto industry will be fine and thrive just as much.
To be honest, US is a superpower but has a mentality of a small minded ctry. Instead of working hard to face up the challenge, it is always trying every unscrupulous method to do its opponents in.
Honestly, $7500 subsidy is not the reason why BYD decided not to enter US market. Hostile political environment, unlawful detension of Chinese Executives might be two major concerns for BYD, Chery, Wuling alike.
In the 80's, the country was recovering from a recession.
American car quality had fallen for various reasons.
Prices are always a factor, but most ppl I know bought Japanese cars as much for quality.
No joking. Chinese EVs are going to slaughter all other brands mercilessly. Especially the over-priced American and European brands. If you put side by side the Chinese EVs with their Japanese, American, and European EV or ICE equivalents. The Chinese EVs could match or even surpass whatever the other brands could bring to the table and still be 20-40% cheaper.
The MSM Loves war
And Germany is more focussed on exporting Panzers, than Autos.....which amounts to market share destruction.
c'est la vie
china doesn't have to sell a single in america & still become world #1 car maker bcz many car parts are built in china especially for EV the industry...
Can't wait for that day to come !
John Mark Dougan
In Russia, all the western car companies have pulled out. The Chinese car market quadrupled almost overnight.
See Chun Chong
If anyone still think Made in China EV are trash, check out BYD's 4wheel drive U8 and their supercar U9. You can search in Youtube too. Absolutely mind blowing...
China OEMs will still invade the U.S. and other markets even if it's delayed.
The fact is many American companies are building cars in China, the infrastructure, know how etc is already there. It doesn’t surprise me that there’s quality competition with Chinese brands. Just look at the competition in the smartphone market