Ford, GM and BMW WILL SOON CRASH!

YouTube ^ | October 25, 2021 | Connecting The Dots

[SunkenCiv]

If you're a Tesla and EV fan, you might be aware that an EV Tsunami is about to arrive from China towards western OEM shores.
In this video I'll show, with some help from Sandy Munro and The Limiting Factor:
* WHEN this Tsunami of Chinese EVs should start
* and HOW it would affect the sales of Western OEMs such as BMW, GM and Ford - as well as their stock prices

BOTTOM LINE - The Chinese EV invasion should arrive MUCH FASTER than most people (even you!) might think, and its effects on Western OEM's competitiveness and stock prices will be DEVASTATING.

Ford, GM and BMW WILL SOON CRASH! | October 25, 2021 | Connecting The Dots

[eyedigress]

Might be kinda hard with no place to charge them.

Just follow the rate of charging stations to watch this trend.

[Pilated]

I will never drive an electric car, especially one made in china. And I will never use public transportation.

[texas booster]

The proposed increase of the EV credit to $12,500 only applies to union made vehicles.

At least it does today.

[Clemenza]

May the F150 never curse out roads again. Found On Road Dead.

[Dr. Sivana]

We have high tariffs on car imports from China.

They are not high enough to keep Buick from using Red Chinese engines in its envision sold here.

In the short term, Red Chinese companies can co-brand with GM etc. Lots of people shop on price and name recognition and past experience.

[SunkenCiv]

The Chinese do indeed buy Chinese made autos, but there’s some small amount of aspirational buying of foreign nameplates. For a population the size of China’s, there are surprisingly few sales, even before the chip shortage that hasn’t seemed to slow down Tesla.

Other foreign brands are for the most part joint ventures, e.g. Great Wall gets engines and components and some design help from Japan and Australia.

Samsung used to make some of its phones in China, but closed the last of its plants there after Samsung sales fell to 2% of the Chinese market. Must be all those crap Chinese phones hurt their business. About half of Samsung’s phone manufacturing is in Vietnam now, and will probably stay there until they can expand in India (which is currently the other half) or until China overruns Vietnam.

Most computers not built for the Chinese market are built in Taiwan, Malaysia, and elsewhere in SE Asia, with some final assembly done for some models and mostly minor brands done in the US (Apple, Lenovo, four others).

Chipmakers are mostly in China (not sure how much of that figure is actually Taiwan), with much of the rest in the US.

[MeneMeneTekelUpharsin]

There are going to be a lot of other stocks in companies going down sharply besides the auto makers and it has NOTHING to do with EVs from China. Hide and watch, wait and see.

[SunkenCiv]

GM plans a buildout of 40,000 charging stations in support of its planned auto and truck models, starting next year.

[SunkenCiv]

IOW, the gubmint will save a fortune, but the Demagogic Party will still look good at the ballot box.

[Pollard]

Ford, GM and BMW WILL SOON CRASH!

Not if I'm driving.

[mass55th]

"I would not trust an EV from China..."

I would never trust any electric vehicle, and will never own one.

[Pollard]

If it’s from china, will you be able to get parts for it?

[eyedigress]

I’ll let you know.

I guarantee I will be right in the middle of it when it starts bidding.

[HereInTheHeartland]

NOOO. We aren’t going to give our car market to Red China.

[Who is John Galt?]

Let me guess - a couple of customers, trying to communicate with the manufacturer of their Chinese EVs?

;>)

[Liaison]

Pittance amount for charging points and likely cost subsidized by the taxpayer. Do they have a universal charging port yet? I.e. going to be vhs and Betamax like capability wars for EVs?

[SunkenCiv]

Profits may be up a little, but companies run by smart managers will be a little shy about crowing to the shareholders for fear of a "congressional investigation into price-gouging". The transportation industry has relied on deliveries to California, but the gig-economy restrictions caused by that simpleminded bitch in the Cali Assembly will continue to force traffic south, through the Panama Canal, to Jacksonville FL and other east coast ports to accommodate our Chinese imports.

• California Port Worker Exposes Labor Union for Exascerbating Supply Chain Crisis, ‘Keep Cutting the Work’ [10/27/2021]
• America's highest paid union at existential risk from widened Panama Canal [03/21/2019]
• How Florida could save Christmas: Port authority tells cargo vessels waiting to dock in California to divert via Panama Canal to The Sunshine State where there are NO backlogs [10/21/2021]
• Panama Canal Expansion Could Help US Cargo Flow [10/01/2006]

[SunkenCiv]

There are a variety of different connectors, and with the huge buildout of Tesla chargers there are loads of adapters for the convenience of the non-Tesla EV drivers.

[Macoozie]

But electric cars suck?

Get a $500 Whooptie,
keep oil in it, don’t let it overheat, drive it til the wheels fall off.
Then get another one.
They’re everywhere.
Why spend all that money on a golf cart?

[WKUHilltopper]

Chinese crap.