China’s EV Juggernaut Is a Warning for the West

Wsj ^ | 7 June 2023 | Greg Ip

[DUMBGRUNT]

Competitive pressure and creativity have made Chinese-designed and -built electric cars formidable competitors

...Then came reports that in the first quarter of 2023 it dethroned Japan as the world’s largest auto exporter.

...what set Chinese capitalism apart from its American counterpart. “In America, when you bring an idea to market you usually have several months before competition pops up, allowing you to capture significant market share,” he said, according to Fast Company, a technology magazine. “In China, you can have hundreds of competitors within the first hours of going live. Ideas are not important in China—execution is.”

[DUMBGRUNT]

"The Shanghai Auto Show has dethroned NAIAS in Detroit forever.

Dubbed the “Seagull,” this car from BYD was unveiled at the Shanghai auto show.

The Seagull will cost a mere 78,000 RMB (~US$11,200) released in two options and is capable of travelling a distance of 305 to 405 kilometers (about 190 to 252 miles) per charge."

Before a-hole joe, I was very much in favor of EVs. Now with the government pushing EVs like crazy, they have mostly destroyed organic EV growth, a huge setback.

As a kid air conditioning was something you went to the movies for, by the time I was in high school many neighbors had it, and soon everyone. And still, the electric grid managed to keep up with the load? The market responded to the natural need for electricity and for profit.

Goverment cramming down seldom works.

[DUMBGRUNT]

FULL TXT:

https://archive.is/U8Q6z

[fireman15]

Thanks for the article and the archive link.

[Brian Griffin]

Take a peak:

https://insideevs.com/news/663595/byd-seagull-ev-priced-11400-usd-gets-10000-orders-first-day/

Americans should not be expected to have a fit.

[PGR88]

Indeed, US government has made the EV market completely fake, rigged, and twisted in favor of those who can game the political system.

Where is the EV market most developed? In CHINA, where literally everything is planned/controlled by the Chinese government.

Decades of peace, cheap money, massive debt, and zero interest rates have convinced central planners that the “energy transition” only awaits their enlightened orders, and all will be well. It won’t

[Brian Griffin]

“The Seagull..base model is made up of a 55 kW (74 hp) motor available with a 30 kWh battery, enabling a range of 305 km (190 mi) (NEDC) and a top speed of 130 km/h (81 mph). The top variant develops 75 kW (101 hp) and offers a range of approx. 405 km (252 mi) (NEDC) thanks to a battery with a capacity of 38 kWh.”

“Battery
30.08 lithium iron phosphate / sodium-ion
38.88 kWh lithium iron phosphate”

https://en.wikipedia.org/wiki/BYD_Seagull

[SeekAndFind]

RE: China’s EV Juggernaut Is a Warning for the West

Here’s the warning to western governments — STAY OUT OF THE AUTOMOBILE BUSINESS AND LET THE MARKET ( i.e. CONSUMERS AND BUYERS ) decide what kind of vehicle they want to buy.

[Dogbert41]

China also builds coal fueled power plants like they’re IHOPs to charge up them batteries and run everything else on. China, Russia, and India haven’t been bitten by the Green viper.

[Eagles6]

"Ideas are not important in China—execution is.”

Yeah, about 90,000,000 executions, if you count female infanticide and forced abortions, due to the One Child policy.

Oh, wait...

The author meant something else...

[bak3r]

At least $11,000 is a lot more reasonable for the unique characteristics of an EV. I would consider an EV at that price point anyways.

[1of10]

“The author meant something else...”

...are you sure ....? sheeeeeee gulp

[Antoninus]

“In China, you can have hundreds of competitors within the first hours of going live. Ideas are not important in China—execution is.”

Translation: "It's easy to compete when you have zero respect for patent and IP laws."

[TexasM1A]

How long does it take them to catch on fire?

[aquila48]

““In China, you can have hundreds of competitors within the first hours of going live. Ideas are not important in China—execution is.””

And a lot of ignoramuses, especially here in freeperland, still think of China as a communist country!

The essence of communism is no private property or enterprises - China oozes with both.

What communist China has morphed into over the past 30 years is a single party, capitalist state. And given how much they’ve progressed, it’s worked out rather well for them.

Let’s stop calling them Chicoms! They’re more Chicaps!

[Dr. Sivana]

Ideas are not important in China—execution is.

The threat of execution keeps the workers on task.

I disagree with the article. First out of the gate rarely wins. I have a functional SAN Disk MP3 player from 20 years ago that easily predates the iPod. It was cheap, it was easy to change out memory sticks, and it ran on easily obtained AAA batteries. It still isn't obsolete. Apple's product was more expensive, much cooler, easier to use, and had more features. It was nowhere near first out of the gate, but it had a very long, very successfully run that led Apple's pivot into personal electronics and communications.

In the early years of IBM compatible personal computers, different makes sprung up like mushrooms. Many of us still remember names like Everex, AST, Northgate, Epson, Tandon, Gateway, Sanyo, Zenith, eMachines, and too many no names using off the shelf parts.

Out of all of those, who survived? PC's Limited (now known as Dell), Acer, Asus are the only startups left, and Dell is the only US based one. HP was already in the business (swallowing Compaq, DEC, etc.), and Lenovo purchase of IBM (and some Hitachi) was the PRC way of taking a shortcut to something they couldn't do on their own.

Hundreds of companies. Dell, HP, Lenovo, Asus and Acer left. The cloud of dust in the 80s settled, and it really didn't matter who was first, except for maybe Dell.

If you think otherwise, I have a nice RCA color TV to sell you,

[Antoninus]

China, Russia, and India haven’t been bitten by the Green viper.

Correction: China, Russia and India created the Green viper that has bitten the West.

[Antoninus]

Let’s stop calling them Chicoms! They’re more Chicaps!

Uh, no. What they've done is taken the totalitarian aspects of the communist one-party state and married it to corrupt crony capitalism. They are not "free market". They are closer to a command and control marriage of state and corporate power like Nazi Germany.

[Eagles6]

Maybe not.

One way to achieve competitive dominance, like defenestration in Putin's Russia.

[aquila48]

“married it to corrupt crony capitalism. They are not “free market”. “

Exactly how are we different?

And whatever you want to call them, it’s worked rather well for them. They’ve gone from a starving basket case to a world power that will soon surpass us in a little over 30 years!

[ckilmer]

I wonder how much tesla tech is in the chinese auto makers