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Just because someone else has a different take on the market it doesn't mean that he's wrong. I didn't ignore China, or US, I stated that on average most cars

Just because someone else has a different take on the market it doesn't mean that he's wrong. I didn't ignore China, or US, I stated that on average most cars in the world sold globally will still be ICE-powered for a long time to come due to electricity constraints (and quite high EV costs that aren't gonna fall anytime soon). This is especially true about Japan which the comment was speaking of. > The solar panel market did not and is now almost fully controlled by China. Another take that misses the forest for the trees: China controls large parts of manufacturing globally regardless of sector, that's true for advanced electronics (80% of the components and assembly of your Apple stuff is made there) to the toys you buy your kids to the apparel you wear (e.g. 70% of Nike apparel is produced in China). They have low labor cost, insanely good infrastructure and logistics, cheap energy and weak labor rights. You're not gonna outcompete them on manufacturing.

ben_bai 3y ago
> They have low labor cost, insanely good infrastructure and logistics, cheap energy and weak labor rights. You're not gonna outcompete them on manufacturing. Sorry to bust your bubble but that has slowly been changing. Mexico and India is the new China, or at least they will be very soon. For years, wages in China were much lower than Mexico's. Now, Mexico's manufacturing labor costs are 20% lower than in China. When adjusted for worker productivity, the gap is even wider. And India is getting there, too.
Tade0 3y ago
> I stated that on average most cars in the world sold globally will still be ICE-powered for a long time to come due to electricity constraints China isn't pushing for EVs because they care about the planet or whatnot, but because it's much easier for them to increase electricity production than import more oil. In 2022 they added around 87GW worth of solar panels, the annual electricity production of which would be enough to charge 36mln EVs. And that's just solar, which may or may not be utilized fully. The additions in coal alone are enough to power a 100% EV fleet of new cars. > China controls large parts of manufacturing globally regardless of sector, that's true for advanced electronics That wasn't the case for solar panels as recently as in 2003, when it was Germany and Japan that combined controlled most of the market - both in sales and production capacity: https://en.m.wikipedia.org/wiki/File:Largest_Producers_of_Solar_Cells_by_Country-Market_Share.svg https://en.m.wikipedia.org/wiki/File:Largest_Producers_of_So... Cars will follow the same trajectory unless western manufacturers get their heads out of their asses and do something. So far only Tesla seems to be.

ben_bai 3y ago

> They have low labor cost, insanely good infrastructure and logistics, cheap energy and weak labor rights. You're not gonna outcompete them on manufacturing. Sorry to bust your bubble but that has slowly been changing. Mexico and India is the new China, or at least they will be very soon. For years, wages in China were much lower than Mexico's. Now, Mexico's manufacturing labor costs are 20% lower than in China. When adjusted for worker productivity, the gap is even wider. And India is getting there, too.

Tade0 3y ago

> I stated that on average most cars in the world sold globally will still be ICE-powered for a long time to come due to electricity constraints China isn't pushing for EVs because they care about the planet or whatnot, but because it's much easier for them to increase electricity production than import more oil. In 2022 they added around 87GW worth of solar panels, the annual electricity production of which would be enough to charge 36mln EVs. And that's just solar, which may or may not be utilized fully. The additions in coal alone are enough to power a 100% EV fleet of new cars. > China controls large parts of manufacturing globally regardless of sector, that's true for advanced electronics That wasn't the case for solar panels as recently as in 2003, when it was Germany and Japan that combined controlled most of the market - both in sales and production capacity: https://en.m.wikipedia.org/wiki/File:Largest_Producers_of_Solar_Cells_by_Country-Market_Share.svg https://en.m.wikipedia.org/wiki/File:Largest_Producers_of_So... Cars will follow the same trajectory unless western manufacturers get their heads out of their asses and do something. So far only Tesla seems to be.