Joji Hattori’s Post

https://lnkd.in/eNNTVAPr A very interesting article published by Shiv Shivaraman of AlixPartners discussing and sharing their findings on Electric Vehicle Consumer Sentiment. It is essential for manufacturers to focus on resolving the obstacles in the markets for their own products as opposed to relying on governments to create further obstacles for competitors. An interesting question this prompts is who will take the lead in co-ordinating the all-encompassing strategy that is required, and ensuring realisation with tangible actions?  Its not a simple answer but based on my significant experience operating within the automotive sector guiding and transformation operations both in Europe and Asia as well as Central America western manufacturers would be well guided to follow some of the following; call it a blueprint for sustainable success! 1.Investment in Research and Development (R&D): •Increased funding for EV-related R&D to innovate and improve battery technology, energy efficiency, and vehicle performance. 2.Supply Chain Development: •Building a robust domestic supply chain to reduce dependency on foreign suppliers. 3.Government Policies and Incentives: •Subsidies, tax incentives, and rebates for consumers and manufacturers. •Supporting infrastructure development. 4.Public-Private Partnerships: •To include supporting startups and small businesses in the EV sector through grants, loans, and business incubators. 5.Market Expansion and Export Strategies: •Encouraging expansion into new markets, leveraging trade agreements and diplomatic efforts. 6.Workforce Development: •Investing in education and training programs to build a skilled workforce. •Promoting STEM education to ensure a steady pipeline of talent. 7.Consumer Awareness and Acceptance: •Running awareness campaigns to educate consumers about the benefits of EVs and addressing concerns. •Promoting the environmental and economic advantages of EVs to drive consumer demand. 8.Strategic Alliances and Mergers: •Encouraging strategic alliances and mergers to pool resources, share technology, and enhance competitiveness. •Collaborating with tech companies to integrate advanced software, AI, and connectivity features into EVs. 9.Focus on Quality and Innovation: •Differentiating Western EVs through superior quality, safety, and innovative features such as autonomous driving capabilities and advanced infotainment systems. •Ensuring that Western EVs offer compelling value propositions to consumers. By addressing these areas, the West can enhance its competitiveness in the EV market, close the gap with Chinese manufacturers, and lead the global transition to electric mobility. #automotive #electricvehicle #consumerconfidence #supplychain

Chinese automakers are dominating the global EV market, accounting for over half of all EVs produced worldwide. Their price advantage and growing consumer appetite for EVs positions them well; however, the landscape is evolving. Here’s what you need to know, from AlixPartners' Shiv Shivaraman: 1. China’s Clear Advantage: A staggering 97% of Chinese respondents plan to buy an EV as their next vehicle, compared to 35% in the US and 43% in Europe. Chinese consumers favor domestic models, giving China a head start in the EV race. 2. Challenges Ahead: While China’s lead is evident, international rivals are catching up. Chinese automakers must navigate mature markets like Western Europe and the US. Maintaining their price advantage will be crucial. 3. Global Collaboration: The global auto industry’s potential should not be overlooked. And the discussion should be guided by a desire to collaborate on a brighter future than motivated by fear. Read more: https://lnkd.in/gKNuHphx #ElectricVehicles #SustainableMobility #AutoIndustry

Chinese automakers are dominating the global EV market, accounting for over half of all EVs produced worldwide. Their price advantage and growing consumer appetite for EVs positions them well; however, the landscape is evolving. Here’s what you need to know, from AlixPartners' Shiv Shivaraman: 1. China’s Clear Advantage: A staggering 97% of Chinese respondents plan to buy an EV as their next vehicle, compared to 35% in the US and 43% in Europe. Chinese consumers favor domestic models, giving China a head start in the EV race. 2. Challenges Ahead: While China’s lead is evident, international rivals are catching up. Chinese automakers must navigate mature markets like Western Europe and the US. Maintaining their price advantage will be crucial. 3. Global Collaboration: The global auto industry’s potential should not be overlooked. And the discussion should be guided by a desire to collaborate on a brighter future than motivated by fear. Read more: https://lnkd.in/g27QC2Jc #ElectricVehicles #SustainableMobility #AutoIndustry

Chinese automakers are dominating the global EV market, accounting for over half of all EVs produced worldwide. Their price advantage and growing consumer appetite for EVs positions them well; however, the landscape is evolving. Here’s what you need to know, from AlixPartners' Shiv Shivaraman: 1. China’s Clear Advantage: A staggering 97% of Chinese respondents plan to buy an EV as their next vehicle, compared to 35% in the US and 43% in Europe. Chinese consumers favor domestic models, giving China a head start in the EV race. 2. Challenges Ahead: While China’s lead is evident, international rivals are catching up. Chinese automakers must navigate mature markets like Western Europe and the US. Maintaining their price advantage will be crucial. 3. Global Collaboration: The global auto industry’s potential should not be overlooked. And the discussion should be guided by a desire to collaborate on a brighter future than motivated by fear. Read more: https://lnkd.in/e7X3szgF #ElectricVehicles #SustainableMobility #AutoIndustry

Chinese automakers are dominating the global EV market, accounting for over half of all EVs produced worldwide. Their price advantage and growing consumer appetite for EVs positions them well; however, the landscape is evolving. Here’s what you need to know, from AlixPartners' Shiv Shivaraman: 1. China’s Clear Advantage: A staggering 97% of Chinese respondents plan to buy an EV as their next vehicle, compared to 35% in the US and 43% in Europe. Chinese consumers favor domestic models, giving China a head start in the EV race. 2. Challenges Ahead: While China’s lead is evident, international rivals are catching up. Chinese automakers must navigate mature markets like Western Europe and the US. Maintaining their price advantage will be crucial. 3. Global Collaboration: The global auto industry’s potential should not be overlooked. And the discussion should be guided by a desire to collaborate on a brighter future than motivated by fear. Read more: https://lnkd.in/eUu4snFS #ElectricVehicles #SustainableMobility #AutoIndustry

Chinese automakers are dominating the global EV market, accounting for over half of all EVs produced worldwide. Their price advantage and growing consumer appetite for EVs positions them well; however, the landscape is evolving. Here’s what you need to know, from AlixPartners' Shiv Shivaraman: 1. China’s Clear Advantage: A staggering 97% of Chinese respondents plan to buy an EV as their next vehicle, compared to 35% in the US and 43% in Europe. Chinese consumers favor domestic models, giving China a head start in the EV race. 2. Challenges Ahead: While China’s lead is evident, international rivals are catching up. Chinese automakers must navigate mature markets like Western Europe and the US. Maintaining their price advantage will be crucial. 3. Global Collaboration: The global auto industry’s potential should not be overlooked. And the discussion should be guided by a desire to collaborate on a brighter future than motivated by fear. Read more: https://lnkd.in/gW4NPDxa #ElectricVehicles #SustainableMobility #AutoIndustry

Chinese automakers are dominating the global EV market, accounting for over half of all EVs produced worldwide. Their price advantage and growing consumer appetite for EVs positions them well; however, the landscape is evolving. Here’s what you need to know, from AlixPartners' Shiv Shivaraman: 1. China’s Clear Advantage: A staggering 97% of Chinese respondents plan to buy an EV as their next vehicle, compared to 35% in the US and 43% in Europe. Chinese consumers favor domestic models, giving China a head start in the EV race. 2. Challenges Ahead: While China’s lead is evident, international rivals are catching up. Chinese automakers must navigate mature markets like Western Europe and the US. Maintaining their price advantage will be crucial. 3. Global Collaboration: The global auto industry’s potential should not be overlooked. And the discussion should be guided by a desire to collaborate on a brighter future than motivated by fear. Read more: https://lnkd.in/g_-KGSfd #ElectricVehicles #SustainableMobility #AutoIndustry

🚗 The Future of Chinese EV Brands: A Tough Road Ahead 🚗 🎢 By 2030, only 19 out of 137 Chinese electric vehicle brands are expected to be profitable, according to AlixPartners. This intense market competition, driven by a prolonged price war, is pushing many brands to either exit, consolidate, or fight for a minor share. Dominant players like BYD Co. and Tesla Inc. continue to strengthen their positions, making it even tougher for smaller brands. 🔥 Presently only 2 out of 137 Chinese electric car brands are profitable; BYD and Le Auto are those lucky ones. Over the last year Chinese manufacturers cut price of EVs by 13% but still earns around 7.8% profit margin. They are presently doing more vertical integration, software and hardware separation, smaller sourcing times from vendors, etc. to run the business. As Chinese automakers aim to capture 33% of the global auto market and 45% of new-energy vehicle sales, the landscape is set for significant changes. 🌍⚡ Source: - https://lnkd.in/gT_QH5J7 #ElectricVehicles #EV #AutomotiveIndustry #China #Sustainability #Innovation

One killer stat in this generally interesting article: China bought 6.68M EVs last year, (against the UK's 314,000) Makes UK headlines about recent recession signalling an end to EV demand seem rather cute... Scale improves technology and reduces cost. Millions of units of domestic demand means Chinese automakers are now producing very good and very low cost EVs. Roger Atkins has been talking about this for years. It is going to be an interesting decade in the automotive sector. There is always hand-wringing about emissions in manufacture and emissions from electricity production. Of course the best way to limit emissions is to make nothing and do nothing: Sine qua non. However if you start from a reality that humans do do things and do make things, that means ~7M cars that would have been chugging out carbon dioxide and monoxide and soot and corruption every mile they drove are now slipping around China silently and (relatively) cleanly. Reason to feel optimistic. Our EV is at bo.world, take a ride and join the Bo insiders email chain. https://lnkd.in/eJ9ipsNg

EVs are the present fashion. Wakeup everybody! Do you really think there will be enough power to charge all EVs in the future. I seriously doubt it, look at the infrastructure concern in most countries, The pace that the governments are acting dine it’s impossible! But wore of all is the milage compared with combustion engines. I recently purchased a new medium size HEV Japanese vehicle (petrol + electric), not a PHEV. I took my family on a small weekend vacation, and I manged 1057km on a full tank of petrol, with still 69km to spare and the average consumption of 4,9L/100km. Now, this is truly amazing for a family SUV.   Combustion engines will last for many more years, beyond 2030. I seriously think VW is going to slip up. I doubt VW or even Volvo will have all their vehicles solely on EV. Not even the EU are sure of the EVs future!