Well here I am currently watching the 2023 Guangzhou Autoshow on youtube and I am amazed at the quality of the evs at the show. I am also in awe how fast China is electrifying their auto fleet.
BYD surpassed Ford in total sales earlier this year and they only sold 500,000 car in 2019. BYD also said this: demolish the old legends
BYD, Xpeng, Nio, MG, Geely, GAC are all expanding rapidly into South America, Europe and South East Asia.
These companies are topping the sales charts in the South East Asian markets.
Kia Australia boss says Chinese car brands will be in top five shortly.
https://www.drive.com.au/news/chinese-car-brands-top-five-within-three-years/
I’m kind of concerned for our current auto brands dragging their feet.
Not in the US, they’d have to pass the safety regulations first. Something they have horrifically failed every time they’ve attempted to enter the market.
Then there’s the stigma of being Chinese, most Americans are resistant to buying chinese products to varying degrees and for various reasons (in the rare situation they have a choice).
Their EV’s are an entirely different story than their jalopy internal combustions cars. The ones they have brought over to Europe have passed their safety regulations with flying colors.