Automobile Industry 03 (May 23 - Dec 25)

[behappyalways]

Rivian loses big on selling electric cars! Volkswagen invests money

Rivian賣電動車大虧! 福斯砸錢投資「特斯拉殺手」｜十點不一樣20240702

https://m.youtube.com/watch?v=EjOrULvS8UY

[behappyalways]

'Bring A Trailer' Data Shows Early Adopters Of EV Trucks Hammered By Price Plunge
https://www.zerohedge.com/markets/early ... ice-plunge


China’s car market is under significant strain as domestic demand continues to weaken. The China Automobile Dealers Association reported Sunday that the dealers’ inventory alert index reached 62.3% in June.
https://x.com/caixin/status/1808227004790997107


The official media account of Shanghai Lingang New Area has confirmed that several state-owned enterprises have taken the lead in purchasing a batch of #Tesla Model Y vehicles for corporate use. This move positively responds to Vice Premier He Lifeng's call for equal treatment of domestic and foreign enterprises. #China $TSLA
https://x.com/Sino_Market/status/1809150827720065361

[behappyalways]

Toyota China sold 152,100 vehicles in June, -12.9% y/y.
Honda China sold 68,966 vehicles in June, -39.0% y/y.
Nissan China sold 52,852 vehicles in June, -23.6% y/y
https://x.com/Sino_Market/status/1810305928639733911

[behappyalways]

China’s electric vehicles will go overseas without throwing away tariff barriers in Europe and the United States, with deep roots in Central and South America and Southeast Asia.
不甩歐美關稅壁壘 中國電動車出海 深耕中南美.東南亞｜方念華｜FOCUS全球新聞 20240725 ‪@tvbsfocus‬
https://m.youtube.com/watch?v=LJXkEJmvqoo


Why Tesla And Other EV Makers Are Betting Big On Gigacasting
https://m.youtube.com/watch?v=HpAdssntCiM

[behappyalways]

Tesla And BYD Claim A Third Of Global EV Market
https://www.zerohedge.com/technology/te ... -ev-market

[behappyalways]

Thailand Sets Off Chaos In Domestic Auto Market By Subsidizing Chinese EVs
https://www.zerohedge.com/markets/thail ... e_vignette

[behappyalways]

Germany's EV Sales Sink 37% As Subsidies End
https://www.zerohedge.com/technology/ge ... sidies-end

[behappyalways]

Frequent reports of fires trigger panic!
South Korean electric vehicles are shocked by the sell-off trend

起火頻傳掀恐慌! 韓電動車驚見拋售潮 ｜葉佳蓉｜FOCUS全球新聞 20240816 ‪@tvbsfocus

https://m.youtube.com/watch?v=QDSGSIaeE2E

[behappyalways]

San Francisco residents complain: Self-driving cars honking at each other in the middle of the night!
Driving training classes in Beijing

舊金山居民怨:無人車半夜互叭! 北京駕訓班「無教練」教車｜錢麗如｜FOCUS全球新聞 20240821‪@tvbsfocus

https://m.youtube.com/watch?v=bsHbMg7yoqE

[behappyalways]

">1/2 of #China's car dealerships operated at a loss in 1H-24, mainly because of struggles brought about by the price war in the auto industry...50.8% of car dealers in China reported losses then, up 7.3% YoY...Only 35.4% were profitable"
https://x.com/ChinaBeigeBook/status/1826736199400391134


Tesla's Price Cuts Put A Charge Into Used EV Sales
https://www.zerohedge.com/markets/tesla ... d-ev-sales