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Chinese cars are already on European (Portugal) streets. The automaker war is lost imo. Once they are in the south of the EU (low purchasing power market) it wi
by moltar 3y ago
Chinese cars are already on European (Portugal) streets. The automaker war is lost imo. Once they are in the south of the EU (low purchasing power market) it will just spread from there.
I got rides in a couple of makers in a taxi. To be honest as a passenger the experience was good. Better than some French brands.
- amarcheschi 3y agoAs of a few days ago, i read some chinese car company was looking into producing their cars in one of the Stellantis plants in northern italy. It is quite ironic that european automakers first moved production in 3rd world countries to minimize the cost of production, and now some of the new automakers in similar countries come here to look for plants where to assembly their cars
- exceptione 3y agoBuyers need to factor in the chance that their car becomes worthless when China starts a war to conquest Taiwan, as that might prompt for accelerated decoupling and sanctions, leaving owners of Chinese cars on a dead end. Reminder that Chinese EV Manufacturers are in the end state enterprises operating at a loss, so this is not sustainable long term. As internal consumption is very weak in China, all that production needs to be exported or you are looking at the notorious EV graveyards. This practice is a sure way to suffocate European car makers, so you can totally expect tariffs somewhere in the future.
- avidphantasm 3y agoChina won’t start a war in Taiwan. Look what they are doing in Hong Kong. China is patient. They will slowly bring Taiwan back into the fold without killing the golden goose.
- summner 3y agoChina is ruled by an autocrat who only listens to his yes men. This is a very suboptimal solution, to say the least. Every year this will become worse and worse as the autocrat gets more and more addicted to his own copium. This is how it always happened in the past everywhere in the world, this is what is already happening there.
- quantum_state 3y agoI would think the ppl in the region are not stupid enough to make their homeland a weapon testing ground like many other places … we all know the ongoing Ukraine situation…
- JoeAltmaier 3y agoSupposed to be making a profit on each one. According to OP.
- endisneigh 3y agoIt’s amusing how much FUD there is about China and Taiwan. Maybe there will be a war, maybe not. Why say “when”, when it’s “if?”
- nottorp 3y ago> Buyers need to factor in the chance that their car becomes worthless when China starts a war to conquest Taiwan, as that might prompt for accelerated decoupling and sanctions, leaving owners of Chinese cars on a dead end. Worthless how? Cars aren't phones yet. You still own them even if you can't contact the manufacturer any more.