China’s Electric Car Assault On Europe Is Sputtering, But May Revive. “It will be hard for the Chinese. They won’t be much cheaper and I’m not sure they would have a unique selling point. After all the cost of the batteries is most important” If European carmakers are worried sick the long-expected onslaught from Chinese […]
Tag Archives | China
Europe’s Auto Makers Will Be Vulnerable To Chinese Incursions
Europe’s Auto Makers Will Be Vulnerable To Chinese Incursions. “Will there be deaths? I’m not sure anyone will disappear but some massive things will happen. There will be big changes, with China going after and buying companies” The European automotive industry is recovering from the depths of a coronavirus-crisis induced collapse in sales, but some […]
U.S./China Auto Tariff War Will Lose Sales Worth $770 Billion
U.S./China Auto Tariff War Will Lose Sales Worth $770 Billion. “The U.S. with its tariff wars is seriously damaging the Chinese auto industry, and as the market is China’s key market for the German auto industry, the German car industry will be seriously damaged too” Auto sales are coming under huge pressure from the tariff […]
China Sales Slide Threatens Car Makers’ Profits
China Sales Slide Threatens Car Makers’ Profits. Germans The Most Exposed, But Strong Brands Will Help. China’s auto market has hit a wall and investors are wondering which companies stand to lose the most if sales don’t recover. Sales in China dropped nearly 30 per cent in the first week of September, and investment researcher […]
China’s Lynk Tilting At Windmills With Europe, U.S. Plan
China’s Lynk Tilting At Windmills With Europe, U.S. Plan. “The whole concept seems a bit airy fairy, but there’s one good thing; Volvo technology” Lynk & Co, the Chinese auto maker owned partly by Volvo, has set out an ambitious plan to make some of its cars in Europe from next year, and sell them […]
Angst Vanishes As China Hints At Lower Auto Tariffs
Angst Vanishes As China Hints At Lower Auto Tariffs. “China Targets Detroit, Hits Tesla and BMW Instead” President Trump’s intervention in the China/U.S. trade dispute led to much initial angst amongst auto investors, but this turned around after China President Xi JinPing hinted that a new deal to cut import tariffs on cars might be […]
China Electric Cars Will Lead With 30% Share By 2025-Report
China Electric Cars Will Lead With 30% Share By 2025-Report. “We are convinced China will become the leading market for electromobility” China will continue to lead the global market in electric vehicles and plug-in hybrids and by 2025 sales will quietly and cleanly zoom to 10.6 million a year, or 30% of its market, according […]
Will Tesla Batteries Win It The Inside Track Against Germans?
Will Tesla Batteries Win It The Inside Track Against Germans? “Tesla will have a huge market lead at 1.2 million a year” Tesla Motors’ lead in the market for premium electric cars is likely to be short-lived as the Germans mainly and perhaps the Chinese quickly marshal their resources and unveil competitive products. That’s the […]
China’s Next EV Launches NIO, World’s Fastest Electric Car
China’s Next EV Launches NIO, World’s Fastest Electric Car. “matches the performance of top hybrid supercars, such as the LaFerrari and McLaren P1” LONDON – Chinese electric car company Next EV unveiled its new brand NIO Monday and launched what it said was the fastest electric car in the world. The NIO EP9 has 1,360 […]
Geely of China Creates Lynk To Sell Volvo-based Cars In U.S.
Geely of China Creates Lynk To Sell Volvo-based Cars In U.S. “The design brief was simple: the cars should stand out from the crowd and appeal to a truly global audience” Volvo’s parent Geely Automobile of China has unveiled a new brand, Lynk, which will produce cheaper mass market cars using the basic engineering of […]