Europe Needs Truly Affordable EVs; China Has Inside Track. “Carmakers are slowing EV adoption by prioritizing larger more expensive electric cars” The European automotive industry in general and green lobbyists in particular say affordable electric vehicles are the key to success as sales move from mainly well-heeled first adopters and business buyers to the mass […]
Tag Archives | China
BYD And Chinese EV Win In Europe Might Be Delayed
BYD And Chinese EV Win In Europe Might Be Delayed. “BYD is unlikely to take an aggressive pricing strategy in Europe, given the geo-political risks” Europe has convinced itself the imminent assault on its automotive industry from China’s electric vehicles in general and BYD in particular will be a David and Goliath rerun. After all, […]
China’s Electric Assault On Europe Hits Unexpected Ship Snag.
China’s Electric Assault On Europe Hits Unexpected Ship Snag. “get out of jail card” Forecasting electric car sales in Europe used to be easy. The only way was up, exponential, and China would win. Sales growth has recently slowed as manufacturers ran out of early adopters. The pace is expected to accelerate again after 2005 […]
Transplants, Joint Ventures Might Blunt China EV Impact
Transplants, Joint Ventures Might Blunt China EV Impact. “China can produce EVs 50% cheaper than the West” European manufacturers are braced for a Chinese electric car sales onslaught but the impact will be blunted by their establishment of factories in Europe and willingness to set up local joint ventures. China’s threat to European electric carmakers […]
China’s EV Threat Sharpens As U.S. And Europe Stumble
China’s EV Threat Sharpens As U.S. And Europe Stumble. “The price gap has widened, with the average retail price of an electric car available in China now less than half seen in Europe and the USA” China’s electric vehicles (EV) are getting cheaper, while the reverse is happening in Europe and the U.S., according to […]
UBS Cuts VW Rating On China Threat; Company Says China Going Well
UBS Cuts VW Rating On China Threat; Company Says China Going Well. Investment bank UBS downgraded its rating on Volkswagen, saying it is the most exposed carmaker to the threat from China, while VW said its activity in China was successful and progressing well, and reiterated its policy that profitability is its top priority. UBS […]
China’s Plans To Win Big EV Sales In Europe
China’s Plans To Win Big EV Sales In Europe. “We believe BYD Seal is not only cost-competitive compared to incumbents, but also 15% lower compared to Tesla Model 3” Europe’s automotive manufacturers were crying out for help at the IAA Mobility show in Munich, as Chinese manufacturers gathered to eat their lunch. The Munich show […]
European Car Sales Set To Accelerate As China Threat Looms
European Car Sales Set To Accelerate As China Threat Looms. “Average selling prices now seem to be peaking” “There’s many a slip twixt cup and lip” says the old English proverb, or you may prefer “don’t count your chickens before they’re hatched”, but the Chinese auto industry hasn’t yet moved in and shut down the […]
China Says EU Electric Car Probe Protectionist
China Says EU Electric Car Probe Protectionist. “We hate to say it, but this sounds like more EU sore losing” China said the EU’s move to investigate whether its sales of electric cars to Europe might require anti-dumping action were “protectionist”, while Germany and France backed the investigation with varying degrees of enthusiasm, and some […]
China’s EVs Will Win Big In Europe, Aided By EU
China’s EVs Will Win Big In Europe, Aided By EU. “At First, A Trickle…..How China’s EVs Will Reshape Autos” China’s electric automakers will clean-up in Europe, not only because of superior and cheaper products, but because the European Union’s (EU) blundering approach to net zero regulation has exposed its own domestic industry to an […]