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Because China is famous for its pump and dump reputation. The first wave is always crap, the second wave is crap with a nice paint job, and the third wave is h
by 1970-01-01 3y ago
Because China is famous for its pump and dump reputation. The first wave is always crap, the second wave is crap with a nice paint job, and the third wave is hit and miss quality. Perhaps in a decade they will be in a better position.
- FirmwareBurner 3y ago>Because China is famous for its pump and dump reputation. So was Japan post-WW2, then their auto industry caught up and overtook most of the western brands. Korea did the same later. They had pretty junky cars by western standards but in the late 90's they opened R&D centers in US, UK and Germany and poached top people form top brands like BMW, and look at where they are today. China can speed-run this recipe now, in fact they're doing it right now. Several Chinese brands have R&D offices in Germany and UK for the same reason and will most likely expand with local manufacturing here as well to bypass import tariffs, maybe in Eastern Europe. It's gonna be a bloodbath for the European brands.
- 1970-01-01 3y agoYou're cherry picking data. What about Mexican cars? Or Russian? Or even South American? Lots of heavy industry and manufacturing occurs in those countries, however the market never makes it past their borders.
- FirmwareBurner 3y agoYou're so wrong with your whataboutism it hurts my little brain. Just because a country has a metal industry doesn't automatically mean they'll manufacture competitively successful cars for export, so yeah I'm cherry picking data, because it's the right data. Your whataboutism is baloney since Russia and Mexico never really had a competitive indigenous automotive sector that could compete with the big brands from Japan, Germany and US, so they're relegated to being manufacturing hubs for the IP of those foreign players (before the war for Russia). Ask yourself this: who's tech and industrial export development plan does China currently resemble, Korea and Japan's, or Russia and Mexico's? China can now manufacture 7nm chips domestically. Do you think they can't also figure out how to make a EV to western standards soon enough? Yeah, build quality will be shoddy at first, just like Japanese cars in the past, Korean cars in the past, and Teslas today (ha-gottem!) but they'll improve just like the rest did.
- 1970-01-01 3y ago>Do you think they can't also figure out how to make a EV to western standards soon enough? They don't figure anything out, they do patent infringement and run with it. It's not a viable long term strategy for the EU or really any western market. https://en.wikipedia.org/wiki/BYD_Auto#Imitation_of_competing_models https://en.wikipedia.org/wiki/BYD_Auto#Imitation_of_competin...
- the-dude 3y agoIt worked for the US.
- DiogenesKynikos 3y ago> They don't figure anything out, they do patent infringement and run with it. Chinese companies lead in battery technology, which is the heart of any EV. "They do patent infringement" is just a crude stereotype.
- jfim 3y agoMany cars are made in Mexico for the US market though: https://napsintl.com/mexico-manufacturing-news/what-cars-are-made-in-mexico/ https://napsintl.com/mexico-manufacturing-news/what-cars-are...