Automobile Industry 03 (May 23 - Dec 25)

[behappyalways]

Japanese carmakers under fire for falsifying safety data
https://m.youtube.com/watch?v=sCjm_QlYWxE

[behappyalways]

#China is now home to at least 77 automakers & 129 vehicle brands -- too many, experts say, even for the world's largest car market"

For most, it's now export or die. Pricing is entirely secondary.
https://x.com/ChinaBeigeBook/status/1798761632375689693



In Q1 2024, China exported 1.3 million vehicles. Of total, 76% were gasoline powered.

China tracking to export 6M in 2024, more than the total size of Japan’s car market.
https://x.com/dunne_insights/status/1799731632238391313

[behappyalways]

U.S. used electric car prices plummet 31%, car rental giant Hertz cuts prices on cars
美二手電動車價暴跌31% 租車巨頭Hertz降價賣車｜十點不一樣20240610
https://m.youtube.com/watch?v=55AZcab0cSs


Could Not Care Less: Europe Just Shot Itself In The Foot With Chinese EV Tariffs
https://www.zerohedge.com/markets/could ... ev-tariffs


Mapped: Where Tesla And BYD Make Their Cars
https://www.zerohedge.com/markets/mappe ... their-cars

[behappyalways]

Notice of tax increase!
The EU is dissatisfied with China's subsidies for electric vehicles.
The EU will impose a maximum tax of 48% next month

預告加稅! 歐盟不滿中國補貼電動車 歐盟下月最高課稅48%｜方念華｜FOCUS全球新聞 20240613‪@tvbsfocus

https://m.youtube.com/watch?v=ke4mAYgy8Ig

[behappyalways]

Local electric vehicles are strong.
Experts predict that American and major manufacturers will exit the Chinese market within five years.

本土電動車強勢 專家預言美大廠五年內退出中市場｜FOCUS午間新聞 20240618 ‪@tvbsfocus‬

https://m.youtube.com/watch?v=-DmAvSUNtgI

[behappyalways]

No end of a lesson for global brands in China
https://x.com/dunne_insights/status/1804149948038234261

[behappyalways]

Nearly Half Of US EV Drivers Consider Switching Back To Gas Vehicles: McKinsey Study
https://www.zerohedge.com/energy/nearly ... nsey-study


"Penetration rate of NEVs in #China, a gauge of popularity, is expected to hit a new high of 49.1% in June, as the market continues to grow steadily amid intensifying competition, an industry survey showed Thurs"
https://x.com/ChinaBeigeBook/status/1804468101435588634


Crazy to see when it's listed like this!
https://x.com/AyeshaTariq/status/1804239833533157426

[behappyalways]

Car prices are crashing in China
https://x.com/Mayhem4Markets/status/1804853320776896665

[behappyalways]

Electric vehicles are also facing a bubble crisis
24.06.25【豐富│東南西北龍鳳配】Pt.3 電動車也遭遇泡沫化危機！
https://m.youtube.com/watch?v=GhiuYiNObFg


"The Ultimate Uncertainty": Nearly Half Of EV Owners Want To Go Back To Gas-Powered Cars
https://www.zerohedge.com/markets/ultim ... rs-remorse

[behappyalways]

Thieves In Seattle Targeting EV Charging Stations Has Reached "Epidemic Proportions"
https://www.zerohedge.com/technology/se ... roportions