CNBC International’s Post

🚗💡 One thing Biden and Trump agree on: Keeping this $10,000 Chinese EV out of the U.S. 💡🚗 The $10,000 electric vehicle from China has caught the attention of both the Biden and Trump administrations. While their reasons may differ, the consensus is clear: this EV should not enter the U.S. market. The vehicle, known for its affordability and efficiency, has sparked a debate on domestic manufacturing, environmental impact, and trade policy. Regardless of political affiliations, this development highlights the complexities of global trade and the importance of balancing economic interests with regulatory standards. As discussions unfold, it's crucial to stay informed and engaged with the evolving landscape of the automotive industry. #ElectricVehicles #TradePolicy #AutomotiveIndustry #GlobalTrade #BidenAdministration #TrumpAdministration

now the Germans are worrying, rightly, that short-sighted policies are handing over the automobile market in its entirety to China. just like the Japanese are concerned. despite the hype, battery EVs from China are not the answer to the world's problems, in my opinion. just like de-industrializing the west for the last 20 years in the fond hope that china will become a democracy was a pretty dumb move. https://lnkd.in/grW3a7BF and as far as foreign policy is concerned, realism is the right answer, as John mearsheimer says here. https://lnkd.in/gXMrDDM3

European countries are lobbying to limit and regress the market share to China for Electric Cars. USA also is not in favour of China sharing its Electric Vehicles(EV) market and is imposing charges to inflate the final prices to be paid by end users. So, investing in China EV companies as Equity or Structured Notes are highly discouraged though the World is working towards Net Zero.

One can see a lot of opinions on how strong is EV market in China or how "electrified" is automobile industry in China. Those are probably Chinese "investors" (no you cannot invest in China as foreigner - not really open investment market). Most of markets outrside China see real problems with EV's maturity today (few issues I will not mention here, but discussed elsewhere). China struggles with few major things: 1. Only about 200 million people can afford to drive a car in China with population of 1.4 billion (that is one in seven people). 2. Lowering cost of manufacturing is based on subsidy from government (calculate profits differently - do not cheat on balance sheet). 3. The lowering cost caused cutting corners resulting in lower quality of cars (including safety issues) and lots full of cars that not many people want to buy in slow market. Here is interesting analysis by people from China. #EV #China #Investing #Market https://lnkd.in/euQZe7XB

***BIGGEST SCAM TO THE AMERICAN TAXPAYER*** Summary.   More than half of the electric vehicles (EVs) on roads worldwide are found in China. In 2022, new EV sales in China grew by 82%, and the country provided 35% of global EV exports. While the U.S., Norway, and other Scandinavian nations were early adopters of EVs, and Germany and Japan have long been automotive powerhouses, their EV markets have lagged in mass market adoption compared to China. How did China get to this point? What can companies looking to scale up their innovations learn from their approach? This article outlines three key reasons for the growth of China’s EV sector: experimenting in adjacent industries, encouraging operational solutions, and doubling down on core technology.

How China Is Becoming a Money Pit for Foreign Automakers, in Charts https://lnkd.in/gcK3hQyh #chinamarket #globalautomakers #nolongergoldmine #chineseconsumers #embracedomesticevbrands

Tesla Model Y enters China's Jiangsu Provincial Government vehicle procurement catalog 🚙 🚙 The "Announcement of Finalists for Procurement of New Energy Vehicle Framework Agreement for Party and Government Agencies, Public Institutions and Group Organizations of Jiangsu Province in 2024-2025 (3)" disclosed by the China Jiangsu Government Procurement Network shows that Tesla Model Y has entered the Jiangsu Provincial Government's new energy vehicles Purchasing Catalog. #Tesla #China #ModelY

Posting a news update from Jan2024. China is slowly, subtly, growing against all the global statistics with their “optimised” QCD in all kinds of industrial products. Until now, I always believed China could not enter the Carbon material market and now they do. Eg. When it comes to the electric vehicle (EV) market, China is leading the charge ahead of traditional automotive juggernauts like Germany and Japan. China’s new EV sales increased by 82% in 2022, accounting for nearly 60% of global EV purchases. This greatly surpasses that of the U.S., Norway, and other Scandinavian nations that were early adopters of EVs.

How do the increased tariffs impact the automotive industry? The new tariffs include an increase on the following goods from China: Electric vehicles: 25% to 100%  Semiconductors: 25% to 50%  Lithium-ion batteries: 7.5% to 25%  Solar cells: 25% to 50%  Steel & aluminum products: 7.5% to 25% According to Reuters, experts are divided on whether this move helps or hurts US automakers and consumers. https://lnkd.in/e5dHsTWn #tariffs #EV #automotive #electriccars

New laws to limit Chinese input into American EVs - this should stimulate US battery industry and other key parts of the supply chain MOVE: Mobility Re-imagined