American, Japanese, and European car manufacturers had decades head start in this area and they blew it chasing higher profit margins on large trucks and SUVs with lax EPA gas mileage restrictions at a time when climate change has become a major crisis.
Invested in lobbying instead of products
And BS green washing with dead end hydrogen demo cars.
Yeah they're so weirdly fucking attached to hydrogen cars even though there has never been anything even remotely approaching a solution to their problems.
The execs could make extra money double dipping from oil companies, they are taking marketing funds from oil companies pushing hydrogen too.
Utility companies are often public and even otherwise evs don't really have the same margins for electricity.
Who Killed the Electric Car is an excellent look at early EV business in North America
Petrol cars go brrrrrr
I still get angry thinking of what happened
American gasoline cars suck and are more embarrassing than other country's gasoline cars, but Chinese EVs are not at all a viable competitor in the market yet and so far have consistently failed to even gain a foothold for 15 years straight.
If you have any counterargument to that, I'd like to see it.
If they aren't cheap, celophane-wrapped, Amazon-style, random-string-of-letters brand, low quality bullshit... Then I will definitely be very interested.
Fuck our oil-worshipping car industry. It deserves to go extinct for intentionally slow-rolling EV releases to prop up the oil industry. Fuck 'em.
This article reads like a terrible puff piece. Wired has really fallen low with a headline and article like this.
No real info, just statements from highly paid execs.
No way Chinese cars would be sold in U.S. or Japan, no idea about EU though. So no, not remotely a threat.
Seriously, this article is garbage.
Yeah, this is basically the stance auto industry execs had until the Chinese EVs actually arrived, and they did get five star safety ratings, and build quality wasn't crap, and then they've collectively had a Blackberry exec seeing the first iPhone moment.
They're really hoping you don't actually test drive one, though. And they'll spend a lot on disinformation to help make that happen.
They're already selling byd, mg and NIU cars in Europe, and Renault/Dacia is selling a rebranded car previously designed for the Chinese market. Teslas for the European market are made in China
Not sure who's buying a byd Atto for 40k in Europe, but indeed the western brands are sleeping on the wheel doing the bare minimum, leaving a large gap on the market
Only Model 3s for the European market are from China. The vast majority sold are Model Ys, and they are made in Germany.
Not sure who's buying a byd Atto for 40k in Europe
Me neither, but I reckon a lot of people will be interested in a BYD seagull for 8k.
I live in Chile 🇨🇱 (South America 🌎), and i can guarantee you that my country has been flooded by Chinese cars in the last year. (Mostly Changan's, followed by BYD and finally Kia)
Plus, our government has made a deal with BYD so that they'll replace all fuel-based public transportation with EVs. 🔌⚡🚌 (Link [in Spanish] down below)
So yeah, there IS a mayor market for China's cheap vehicles (aka developing countries), and i bet that until most vehicles around the planet are EVs, China will be the mayor seller for a few years.
Koa is owned by Hyundai, a South Korean company. But I see your point in the flood of Asian imports.
Yeah. China can go fuck itself. Not only does the government suck shit, but the culture of the people since the revolution is horrifically selfish and nasty.
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