Fabian Brandt, global head of automotive at Oliver Wyman, discusses the “brutal” price war in the electrical vehicle market and how Chinese players compare with their Western counterparts.
Automotive expert discusses what to expect at the 2024 Beijing Auto Show
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So US isn’t talking about to compete in the EV market with China but just which Chinese companies to invest their dollars to make more money.
That is pretty much the 2024 picture of the economies of these two countries. One lives as a parasite while the other lives as a worker.
I go with NIO🎉
Nio #1
-No secret in business since 1700, in the production of small or large series:
-UK the industrial revolution began
-USA invented Taylorism and TWI (training within industry)
-Japan improved the American invention with the TPS (Toyota production system)
-China improved the Japanese progress with 996 with” No VAT (value added tax)”, no “compulsory contributions for social security”, no “compulsory contributions for retirement.”
996? The 996 working hour system (Chinese: 996工作制) is a work schedule employees work from 9:00 am to 9:00 pm, 6 days per week; i.e. 72 hours per week, 12 hours per day
China’s labor laws still mandate a standard 40 hours work week. Whether a company decides to go with 996 is their own decision. Don’t lump that into “China”.
That’s a shallow view with no insight into the reality.
these days China has 12 times the automation the USA has
And the Chinese lead in 37 out of 44 technologies of the future
While there is now 27 books series on what the Chinese invented in the past
Why start at the 1700s
China spent the better part of a millennia trading places with what is now India for top economy in the world
By the 1430s it was the top economy and technological leader in the world . But their emperor at the time started the slow process of closing in on itself closing off its borders/a type of nationalism
Like we are seeing with far right Governments and the Americans these days
This lead to 400 years of decline and then an eventual semi colonization of China for 100 more years
Where even up to the 1980s China was 88% in abject poverty
These days they are back and they did not run up that external debt like the Americans are running up these days
@@hyeung1 In terms of facts, arguments, avoid boxing above your category; you will make a fool of yourself.
@@gratus9435 In terms of facts, arguments, avoid boxing above your category; you will make a fool of yourself.
A SUV equipped with a drone base that automatically charges and changed the battery. Very impressive.
in china, there are more than 100 chinese EV brands competing on innovation, quality and price against each other ruthlessly
any one of them can out compete most if not all none chinese EV brands in any market outside china
but they all know only few of them will survive in next 5 years, because they are too young too small to expand oversea, they have to compete in china market first.
and rest assured, the ones win the the competition in china market will dominate the world market, well, in an ideal world for consumers at least.
⚰️R. I. P. ICE car sales the next 2 to 5 years ‼️😎👍
West auto makers have to eat humble pie when come to EV. Like Elon said chinese ev makers can out compete western makers
I am glad you are thinking about that and enjoy the last moment of ICI
We are watching the future. They next phase is in the east
USA : nobody want EV
EV does not fit US, PHEV will be better.
@@linjunhalida who told u that
@@jacksmith-mu3ee High speed, long range, cheap oil price, EV is not fit for this market.
@@linjunhalida high speeds = ev
Long range depends on charging stations
Cheap oil ? Where ? Tell me
BYD will be the new toyota, Nio the new Honda, Li Auto the new Mercedez
If Amerikkka is going to ban or slap 29% protectionistg tariff on Chinese EV, I can see China might retaliate and say, no more ICE private vehicles at all, and slap the same tariff on any foreign competition vehicles EV or ICE (or diesel).
ICE vehicles in China only have until 2030.
It doesn’t matter what’s at Beijing auto show, we’re not gonna get any in US anyway.
U can . I imported mine ( sadly with 25% tariff ) .
Polestar and mg are chinese evs as well