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Do you have any references for your statements? The majority of car sales in China are EVs (which is more than the UK, the EU and the US) so locals are buying

Do you have any references for your statements? The majority of car sales in China are EVs (which is more than the UK, the EU and the US) so locals are buying the supply right now. Reference: https://ourworldindata.org/electric-car-sales https://ourworldindata.org/electric-car-sales

ShinyLeftPad 4mo ago
Sure. China domestic consumption is laughably low: https://en.wikipedia.org/wiki/List_of_countries_by_household_final_consumption_expenditure_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_household... (lower than Kosovo, Sri Lanka, lower than world average) https://bst-europe.eu/economy-security-trade/more-and-more-why-chinese-overcapacities-are-a-significant-challenge-for-the-eu/ https://bst-europe.eu/economy-security-trade/more-and-more-w... Locals won't buy EV supply: https://asia.nikkei.com/business/automobiles/china-s-domestic-car-demand-stays-weak-but-exports-strengthen https://asia.nikkei.com/business/automobiles/china-s-domesti... https://www.bloomberg.com/features/2023-china-ev-graveyards/ https://www.bloomberg.com/features/2023-china-ev-graveyards/
- somenameforme 4mo ago
  The articles you provided were relatively light on relevant facts, but did cite two important values - 60% of all vehicles purchased in China are now EVs, and domestic sales of such are about 1.4 million per month. The data they conspicuously left out is, well how many EVs are sold elsewhere per month? In the US, ostensibly the largest consumer market in the world, the figure is 0.082 million per month. [1] Even if we scale US sales to adjust for population differences, the Chinese are picking up electric vehicles at a dramatically higher rate - and the single highest in the world. And this is almost certainly due to companies like BYD and others providing quality electric vehicles at prices below even cheap ICE vehicles. [1] - https://www.anl.gov/esia/light-duty-electric-drive-vehicles-monthly-sales-updates https://www.anl.gov/esia/light-duty-electric-drive-vehicles-...
  - ShinyLeftPad 4mo ago
    How is it relevant how many EVs are sold in the US? The country obviously prefers internal combustion engines. I am saying that PRC is a command economy, EV production is strongly subsidized, no labor protection, falling domestic sales and crazy low domestic consumption in general, a lot of excess of EVs to the extent that they are trashed instead of resold, and so comparing EVs by price to European EVs is silly. Nothing you say contradicts me. Yes Chinese buy lots of EV so what? And if you mistake this for choice or how great Chinese EVs are, I have news for you. https://www.kaggle.com/datasets/bogof666/shanghai-car-license-plate-auction-price https://www.kaggle.com/datasets/bogof666/shanghai-car-licens... https://www.cpopartners.com/chinas-green-push-shanghai-2025-vehicle-replacement-and-new-energy/ https://www.cpopartners.com/chinas-green-push-shanghai-2025-...
    - somenameforme 4mo ago
      Your entire premise was that domestic consumption of EVs in China is low, "laughably low" as you put it. That is an absurd statement when they have, by a very wide margin, the highest consumption rate in the world not only as a whole, but even per capita - at least relative to major economies. If you want to argue that global EV consumption rates are low then that's an entirely different topic.
      - ShinyLeftPad 4mo ago
        Did you see my link that shows per capita household consumption in PRC lower than world average and places like Kosovo or Sri Lanka? Here's a relevant article https://www.ft.com/content/f294be55-98c4-48f0-abce-9041ed236a44?syn-25a6b1a6=1 https://www.ft.com/content/f294be55-98c4-48f0-abce-9041ed236... > If you want to argue that global EV consumption rates are low No. Do you read my comments? I argue China subsidizes production of more and more EVs and buys less and less domestically, so they will be sold at unfair prices and comparing them by price to European EVs is pointless.
        somenameforme 4mo ago

ShinyLeftPad 4mo ago

Sure. China domestic consumption is laughably low: https://en.wikipedia.org/wiki/List_of_countries_by_household_final_consumption_expenditure_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_household... (lower than Kosovo, Sri Lanka, lower than world average) https://bst-europe.eu/economy-security-trade/more-and-more-why-chinese-overcapacities-are-a-significant-challenge-for-the-eu/ https://bst-europe.eu/economy-security-trade/more-and-more-w... Locals won't buy EV supply: https://asia.nikkei.com/business/automobiles/china-s-domestic-car-demand-stays-weak-but-exports-strengthen https://asia.nikkei.com/business/automobiles/china-s-domesti... https://www.bloomberg.com/features/2023-china-ev-graveyards/ https://www.bloomberg.com/features/2023-china-ev-graveyards/

somenameforme 4mo ago
The articles you provided were relatively light on relevant facts, but did cite two important values - 60% of all vehicles purchased in China are now EVs, and domestic sales of such are about 1.4 million per month. The data they conspicuously left out is, well how many EVs are sold elsewhere per month? In the US, ostensibly the largest consumer market in the world, the figure is 0.082 million per month. [1] Even if we scale US sales to adjust for population differences, the Chinese are picking up electric vehicles at a dramatically higher rate - and the single highest in the world. And this is almost certainly due to companies like BYD and others providing quality electric vehicles at prices below even cheap ICE vehicles. [1] - https://www.anl.gov/esia/light-duty-electric-drive-vehicles-monthly-sales-updates https://www.anl.gov/esia/light-duty-electric-drive-vehicles-...
- ShinyLeftPad 4mo ago
  How is it relevant how many EVs are sold in the US? The country obviously prefers internal combustion engines. I am saying that PRC is a command economy, EV production is strongly subsidized, no labor protection, falling domestic sales and crazy low domestic consumption in general, a lot of excess of EVs to the extent that they are trashed instead of resold, and so comparing EVs by price to European EVs is silly. Nothing you say contradicts me. Yes Chinese buy lots of EV so what? And if you mistake this for choice or how great Chinese EVs are, I have news for you. https://www.kaggle.com/datasets/bogof666/shanghai-car-license-plate-auction-price https://www.kaggle.com/datasets/bogof666/shanghai-car-licens... https://www.cpopartners.com/chinas-green-push-shanghai-2025-vehicle-replacement-and-new-energy/ https://www.cpopartners.com/chinas-green-push-shanghai-2025-...
  - somenameforme 4mo ago
    Your entire premise was that domestic consumption of EVs in China is low, "laughably low" as you put it. That is an absurd statement when they have, by a very wide margin, the highest consumption rate in the world not only as a whole, but even per capita - at least relative to major economies. If you want to argue that global EV consumption rates are low then that's an entirely different topic.
    - ShinyLeftPad 4mo ago
      Did you see my link that shows per capita household consumption in PRC lower than world average and places like Kosovo or Sri Lanka? Here's a relevant article https://www.ft.com/content/f294be55-98c4-48f0-abce-9041ed236a44?syn-25a6b1a6=1 https://www.ft.com/content/f294be55-98c4-48f0-abce-9041ed236... > If you want to argue that global EV consumption rates are low No. Do you read my comments? I argue China subsidizes production of more and more EVs and buys less and less domestically, so they will be sold at unfair prices and comparing them by price to European EVs is pointless.
      - somenameforme 4mo ago