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.
China is killing it in volume, but I believe its based on a lot of smoke and mirrors and throwaway extremely cheap vehicles that would never pass crash safety tests in developed markets. Here is a field of over 10,000 BYD vehicles with license plates parked away remotely rotting with only 30 miles on the odometers and wrapped in plastic: https://www.youtube.com/watch?v=1SEfwoqKRU8