Podcasts about china ev

China's EV industry faces its biggest test yet as the December 31, 2025 deadline approaches for massive subsidy cuts. In this deep dive, I break down what's really happening behind the 40,000+ NIO ES8 orders that crashed their system, why companies like BMW, Toyota, and Tesla are recalling hundreds of thousands of vehicles despite better technology, and which EV manufacturers will survive when subsidies disappear.The numbers are staggering: purchase tax exemptions dropping from 30,000 to 15,000 yuan, delivery delays pushing into 2026, and consumer complaints up 37% year-over-year. But here's the twist - the companies recalling products might actually be the strongest players in the market.I analyze the real conversion rates behind inflated order numbers (hint: only 10-30% of "orders" convert to actual sales), the supply chain crisis hitting CATL and BYD Semiconductor with 24-hour overtime shifts, and why NIO CEO William Li warned Q1 2026 could see 50% demand collapse.This isn't just about NIO - this affects Tesla, BYD, XPeng, Li Auto, and every player in the world's largest EV market. When subsidies end, only companies with genuine technology advantages, sustainable cost structures, and corporate responsibility will remain standing.Key topics covered: China EV subsidy policy changes, NIO ES8 production capacity crisis, purchase tax exemption ending December 2025, automotive recall trends, supply chain challenges, order inflation in Chinese EV market, Q1 2026 demand forecast, battery swap advantages, and what separates surviving companies from failing ones.Whether you're invested in Chinese EV stocks, considering purchasing an electric vehicle, or tracking the future of automotive technology, this analysis explains what mainstream media won't tell you about the coming industry shakeup.NIO stock, China EV subsidies, electric vehicles China, NIO ES8, purchase tax exemption, Chinese EV market, Tesla China, BYD stock, EV investment 2025, automotive recalls, William Li NIO, battery swap technology, EV supply chain, Q1 2026 forecast, Li Auto, XPeng, China automotive policy, EV subsidy ending, NIO bull case, electric vehicle stocks, CATL battery, China NEV policy, EV market crash, automotive industry analysis, EV stock analysis, Chinese stocks, green energy investingTAGS (500 characters):

Can you help me make more podcasts? Consider supporting me on Patreon as the service is 100% funded by you: https://EVne.ws/patreon You can read all the latest news on the blog here: https://EVne.ws/blog Subscribe for free and listen to the podcast on audio platforms: ➤ Apple: https://EVne.ws/apple ➤ YouTube Music: https://EVne.ws/youtubemusic ➤ Spotify: https://EVne.ws/spotify ➤ TuneIn: https://EVne.ws/tunein ➤ iHeart: https://EVne.ws/iheart HYUNDAI TARGETS CHINA REBOUND WITH ELECSEO EV https://evne.ws/3VsM3wN HONDA WN7 ELECTRIC NAKED BIKE DEBUTS FOR EUROPE https://evne.ws/4nEZNQT STELLANTIS ORDERS STOP-DRIVE ON CITROËN MODELS https://evne.ws/4nfPYJA VOLKSWAGEN AND RIVIAN SOFTWARE DISPUTE MAY DELAY MODELS https://evne.ws/3IxwfWy NISSAN SUSPENDS 2026 ARIYA SALES IN U.S. https://evne.ws/4mq9rpF SCANIA SUPER PHEV POWERTRAIN LAUNCHED FOR BUSES https://evne.ws/4pvxxlB CHINA URGES EU TO DROP EV TARIFFS https://evne.ws/3IqfrRo SENATE CONFIRMS JONATHAN MORRISON TO LEAD NHTSA https://evne.ws/3IwNHue NEW JERSEY ANNOUNCES $20M ELECTRIC BUS AND CHARGING GRANTS https://evne.ws/4mrmUNU PANASONIC TO DELIVER SAMPLE SOLID-STATE CELLS 2027 https://evne.ws/41Z7MQK TESLA UPDATES SOFTWARE TO FIGHT PHANTOM DRAIN FROM SUMMON STANDBY  https://evne.ws/42zn7aD XPENG EVTOLS COLLIDE DURING AIRSHOW REHEARSAL https://evne.ws/42xMxFG

In this episode, Tu Le and Lei Xing unpack a busy week in the global EV world — from the Chengdu Motor Show to the explosive 42,000 Zeekr 9X reservations in just one hour.We dive deep into:

NIO just terminated their 7-year partnership with JAC Motors - and this is HUGE news for investors! After obtaining independent manufacturing qualification in December 2023, NIO no longer needs JAC to produce their vehicles. This isn't a breakup, it's a graduation story.In this episode, I break down exactly what NIO's independence means for their future, why their F3 factory launching in September 2025 is a game-changer, and how this positions them perfectly for the next phase of China's EV competition.But that's not all - while NIO was achieving independence, Tesla tried to END the price war by raising Model 3 prices by 10,000 yuan. Spoiler alert: the market doesn't care what Tesla wants anymore. Xiaomi's YU7 launched 10,000 yuan CHEAPER than Model Y and sold 200,000 yuan in deposits in just 3 minutes!What You'll Learn:Why NIO's JAC joint venture termination is actually bullish newsHow NIO went from needing JAC's manufacturing license to full independenceThe real reason Tesla lost pricing power in ChinaWhy Xiaomi's success signals a new phase of EV competitionHow Chinese EV brands are now competing for specific consumer segmentsWhat NIO's F1, F2, and F3 factory expansion means for production capacityKey Topics Covered:✓ NIO manufacturing independence timeline (2016-2025)✓ JAC partnership dissolution details✓ Tesla vs Chinese EV brands competitive dynamics✓ Xiaomi automotive strategy and market impact✓ China EV price war evolution and market maturation✓ NIO's multi-brand strategy (Onvo, Firefly)✓ Battery swapping technology collaboration continuationThis video provides objective analysis of NIO's strategic position while exploring the broader Chinese EV market transformation. Whether you're a NIO investor or just interested in understanding how China's automotive industry is evolving, this deep dive covers everything you need to know.Related Keywords: NIO stock analysis, Chinese EV stocks, Tesla China competition, Xiaomi automotive, EV price war, NIO manufacturing, JAC Motors partnership, electric vehicle investing, China automotive industry, NIO factory expansionThe Chinese EV market is entering a new phase of sophisticated competition - and NIO's timing couldn't be better. From startup to independent manufacturer with three factories and multiple brands, this is the maturation story every investor needs to understand.#NIO #ChineseEV #TeslaChina #XiaomiAuto #EVInvesting #ElectricVehicles #StockAnalysis #ChinaMarket #AutomotiveIndustry #EVStocks

Can you help me make more podcasts? Consider supporting me on Patreon as the service is 100% funded by you: https://EVne.ws/patreon You can read all the latest news on the blog here: https://EVne.ws/blog Subscribe for free and listen to the podcast on audio platforms: ➤ Apple: https://EVne.ws/apple ➤ YouTube Music: https://EVne.ws/youtubemusic ➤ Spotify: https://EVne.ws/spotify ➤ TuneIn: https://EVne.ws/tunein ➤ iHeart: https://EVne.ws/iheart CHINESE TO SEE MAJOR CONSOLIDATION BY 2030 https://evne.ws/45VMTbY XPENG LAUNCHES G7 SUV WITH ADVANCED L3 AUTONOMOUS TECHNOLOGY https://evne.ws/45Vkp1Y XPENG G7 SUV GETS QUICK 10,000 ORDERS AFTER LAUNCH https://evne.ws/4eFpbmE BYD DENZA B5 HYBRID SUV TARGETS UK'S PREMIUM OFF-ROAD MARKET https://evne.ws/4nwwrVB BYD REACHES MILLIONTH HAN DELIVERY, SHOWS ADVANCED EV TECHNOLOGIES https://evne.ws/4nzsa3T ANWA PRODUCES FIRST SOLID-STATE BATTERY SAMPLES WITH CHERY SUPPORT https://evne.ws/4evOB5O CHANGAN TO ESTABLISH EUROPE-BASED EV PRODUCTION BY 2030 https://evne.ws/3IwcJt2 XIAOMI PLANS GLOBAL EV SALES EXPANSION BY 2027 https://evne.ws/3GsIzGC XIAOMI EXPANDS APPLE COMPATIBILITY FOR YU7 ELECTRIC SUV https://evne.ws/45SJESp GWM TARGETS TOYOTA WITH 2025 HAVAL H6 PHEV IN AUSTRALIA https://evne.ws/44LLaEO

From nickel-rich rainforests to battery plants on the rise, Indonesia is teaming up with China to chase the EV prize. A massive battery project in the Southeast Asian country promises new jobs, growth, and green power. But there are also doubts and questions. Is it a clean-energy leap, or a high voltage gamble? With big hopes, how could this shape Asia's green future?Host Tu Yun joins Andy Mok, a Senior Research Fellow at the Center for China and Globalization, Putra Adhiguna, the Managing Director of the Indonesia-based non-profit thinktank, Energy Shift Institute, and Kevin Nauen, a Senior Research Fellow at the Asian Vision Institute for a close look.

The SPX and NDX stalled their all-time high runs as most mega caps struggled to rally on the session. Tesla (TSLA) was the biggest laggard of the Mag 7 after CEO Elon Musk openly criticized President Trump's "big, beautiful bill." China EV companies like BYD Co. (BYDDY), XPeng (XPEV) and NIO Inc. (NIO) all posted strong vehicle sales that add pressure against Tesla. Apple (AAPL) shined in the Mag 7 as Monday's optimism continues. Alex Coffey takes a closer look at what's driving today's big market moves.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

In this episode of Hashtag Trending, host Jim Love covers the new AI partnership between Databricks and Anthropic, a significant reduction of US scientists due to funding cuts, and Honda's 30% reduction in assembly line workers through AI and robotics. The show highlights Databricks' incorporation of Anthropic's AI models into their platform, the potential brain drain in the US scientific community, and Honda's advanced AI-driven automation in its China EV plant. Following the news, Jim Love interviews Licenia Rojas, Senior Vice President and Chief Architect at TD Bank. Rojas shares her journey in tech, insights into building inclusive and innovative cultures, and the importance of continuous learning, mentorship, and maintaining a customer-centric approach to technological advancements. 00:00 Introduction and Headlines 00:37 Databricks and Anthropic Partnership 02:59 US Scientists Contemplating Relocation 04:46 Honda's AI-Driven Automation 07:38 Interview with Nia Rojas from TD Bank 09:20 Licenia Rojas' Career Journey 12:51 The Importance of Mentorship and Learning 22:50 The Role of Chief Architect at TD Bank 24:25 The Evolution of Technology Architecture 26:44 The Myth of Long-Term Planning 27:05 Balancing Short-Term and Long-Term Goals 28:22 Outcome-Focused Architecture 28:41 Innovation and Experimentation at TD 30:42 Defining and Achieving 'Good' 32:11 Human-Centric Innovation 34:21 Employee Engagement and Idea Platforms 36:15 Overcoming Cynicism in Tech 39:16 Exciting Emerging Technologies 40:36 Security in Architecture 44:00 AI and Human Productivity 46:31 Career Advice for Aspiring Technologists 49:41 Conclusion and Final Thoughts

We have a great Round Up / Lowdown on Canadian specific topics.... You American's might wanna tune in tho!   Mass Integration on the rise in Que, Elbows up over Pokemon cards in a Coscto parking lot... guess where. Yep. Brampton   PP signalling with letter re Hola Muhola!   Meanwhile Danielle Smith starts out with long list for Carneyage to undo for Alberta.   Canada - The most European Non European country signals to the EU, meanwhile the EU wants to use their private capital to finance the war machine. You can't make this stuff up.   What about Alberta and the national CPP. And did the tariffs on China effect our 600 million dollar investment on China EV's from the CPP?   We go over the ICAIE report from late 2023 - The Growing Harms of Cross-Border Illicit Trade Vectors and Threat Convergence to Canada's National Security. If this doesn't get you thinking about our relationship with USA.....   The depopulation exemption on ostriches is still in play although it might end and all due to PCR testing.   Legit Climate change hysteria from MLA's in BC! And buckle up Canada - GFANZ is in play and USA is talking about it, in a Judicial Report. A sincere heads up from American oil rigs for Alberta to get their shit together quick   Value for Value. You Canadian News deconstruction with zero ads. Please donate! Thanks for watching and listening. https://eh-list.ca/ Support the show directly: https://grimericacbd.com/ CBD and THC Tinctures and Gummies! https://grimerica.ca/support-2/ http://Grimerica.ca/shrooms and Micro Dosing The Eh-List YouTube Channel: https://youtube.com/@theeh-list?si=d_ThkEYAK6UG_hGX Our Adultbrain Audiobook Podcast and Website: www.adultbrain.ca Our Audiobook Youtube Channel:  https://www.youtube.com/@adultbrainaudiobookpublishing/videos Support and extra content http://www.grimericaoutlawed.ca/support. Substack and Subscribe. https://grimericaoutlawed.substack.com/ or to our Locals  https://grimericaoutlawed.locals.com/ or Rokfin www.Rokfin.com/Grimerica Patreon https://www.patreon.com/grimericaoutlawed Darren's book www.acanadianshame.ca Check out our next trip/conference/meetup - Contact at the Cabin www.contactatthecabin.com www.grimerica.ca/Shrooms  and Micro-Dosing Other affiliated shows: www.grimerica.ca The OG Grimerica Show www.Rokfin.com/Grimerica Our channel on free speech Rokfin Join the chat / hangout with a bunch of fellow Grimericans  Https://t.me.grimerica https://www.guilded.gg/chat/b7af7266-771d-427f-978c-872a7962a6c2?messageId=c1e1c7cd-c6e9-4eaf-abc9-e6ec0be89ff3 Leave a review on iTunes and/or Stitcher: https://itunes.apple.com/ca/podcast/grimerica-outlawed http://www.stitcher.com/podcast/grimerica-outlawed Sign up for our newsletter http://www.grimerica.ca/news SPAM Graham = and send him your synchronicities, feedback, strange experiences and psychedelic trip reports!! graham@grimerica.com InstaGRAM https://www.instagram.com/the_grimerica_show_podcast/  Purchase swag, with partial proceeds donated to the show www.grimerica.ca/swag Send us a postcard or letter http://www.grimerica.ca/contact/ ART - Napolean Duheme's site http://www.lostbreadcomic.com/  MUSIC Tru Northperception, Felix's Site sirfelix.bandcamp.com    Links to the stuff we chatted about: https://www.ourgreaterdestiny.ca/p/icaie-report-colossal-scale-of-international?utm_source=post-email-title&publication_id=832740&post_id=159156905&utm_campaign=email-post-title&isFreemail=true&r=24pqe&triedRedirect=true&utm_medium=email https://lawyerlisa.substack.com/p/eu-plan-to-use-europeans-private?utm_source=post-email-title&publication_id=1287362&post_id=159342647&utm_campaign=email-post-title&isFreemail=true&r=24pqe&triedRedirect=true&utm_medium=email https://x.com/ryangerritsen/status/1901634358730973274 https://x.com/Ab51_Project/status/1901750010079060063 https://x.com/AnnRolle_/status/1901017931057623156 https://x.com/chrisdacey/status/1901595877942174100 https://x.com/FoodProfessor/status/1901436700670234704 https://x.com/cbcwatcher/status/1901353901141508126 https://x.com/Bob31685906/status/1901307197092737056   Darren's links: https://www.theepochtimes.com/opinion/quebec-is-replacing-multiculturalism-with-integration-english-canada-should-do-the-same-5823509?utm_source=OP_article_paid&src_src=OP_article_paid&utm_campaign=opinion-2025-03-19-ca&src_cmp=opinion-2025-03-19-ca&utm_medium=email&est=KsP4djGXC2jVUacDJOoMv7sk9QQWwcwin4XOeq3RN%2Ba7ash1%2FVgsX%2BR0P1ZhNwR6 https://x.com/sarbrajskahlon/status/1900594893065703658/photo/1 https://x.com/abdaniellesmith/status/1900672150530650457?s=43 https://x.com/cnm5000/status/1901295018201223573/photo/1 https://bcrising.ca/save-our-ostriches/ https://x.com/tablesalt13/status/1901317991783973313?s=43 https://x.com/thevivafrei/status/1902115262582632766/video/1

Anthony Sassine examines Xpeng (XPEV) after the company's 4Q earnings report. The China EV maker says 4Q deliveries increased 52.1% Y/Y. Sassine discusses Xpeng's stance among China's competitors including BYD (BYDDY) which Anthony calls the "Steady Eddy" of EV makers, especially following its rollout of a new quick-charging technology. For Tesla (TSLA), he believes the company should take a page out of XPEV's book and focus on a cheaper EV model.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

THESE ARE MISSING SHOWS I WAS ABLE TO WRITE BUT NOT RECORD DUE TO ILLNESS. AM ADDING TO THE LIBRARY FOR COMPLETENESS. Can you help me make more podcasts? Consider supporting me on Patreon as the service is 100% funded by you: https://EVne.ws/patreon You can read all the latest news on the blog here: https://EVne.ws/blog Subscribe for free and listen to the podcast on audio platforms: ➤ Apple: https://EVne.ws/apple ➤ YouTube Music: https://EVne.ws/youtubemusic ➤ Spotify: https://EVne.ws/spotify ➤ TuneIn: https://EVne.ws/tunein ➤ iHeart: https://EVne.ws/iheart NEW TESLA MODEL Y FEATURES AND PRICING UPDATE https://evne.ws/4jqKEBB ZEEKR 007 GT TO LAUNCH IN EUROPE AND CHINA https://evne.ws/3PM0dGz EV TAX CREDIT REMOVAL MAY RAISE PRICES FOR GM AND TESLA BUYERS https://evne.ws/4juLi0Z BMW CHALLENGES EU TARIFFS ON CHINESE EVS https://evne.ws/4jq9lOJ RIVIAN OPENS NEW SHOWROOM IN SAN FRANCISCO https://evne.ws/4jA8uuE VW CONSIDERS PARTNERSHIP WITH CHINESE AUTOMAKER https://evne.ws/40uIKqZ UK'S EV CHARGER GOALS QUESTIONED https://evne.ws/4jBGXt1 TESTING ELECTRIC DIGGERS FOR GREENER MAINTENANCE https://evne.ws/4aw8Z51 NISSAN'S BATTERY DEAL FOR FUTURE ELECTRIC VEHICLES https://evne.ws/4ggPmiH

In this episode, Tu and Lei discuss the latest developments in the China EV market, including the ongoing price war among manufacturers, the challenges faced by Tesla, and the impact of tariffs on the automotive industry. They also explore the strategies of foreign automakers in China, the significance of local production, and the role of technology in maintaining competitiveness. The conversation highlights the importance of battery swapping standards and concludes with insights into the future outlook for the industry.

Can you help me make more podcasts? Consider supporting me on Patreon as the service is 100% funded by you: https://EVne.ws/patreon You can read all the latest news on the blog here: https://EVne.ws/blog Subscribe for free and listen to the podcast on audio platforms: ➤ Apple: https://EVne.ws/apple ➤ YouTube Music: https://EVne.ws/youtubemusic ➤ Spotify: https://EVne.ws/spotify ➤ TuneIn: https://EVne.ws/tunein ➤ iHeart: https://EVne.ws/iheart NEW TESLA MODEL Y FEATURES AND PRICING UPDATE https://evne.ws/4jqKEBB ZEEKR 007 GT TO LAUNCH IN EUROPE AND CHINA https://evne.ws/3PM0dGz EV TAX CREDIT REMOVAL MAY RAISE PRICES FOR GM AND TESLA BUYERS https://evne.ws/4juLi0Z BMW CHALLENGES EU TARIFFS ON CHINESE EVS https://evne.ws/4jq9lOJ RIVIAN OPENS NEW SHOWROOM IN SAN FRANCISCO https://evne.ws/4jA8uuE VW CONSIDERS PARTNERSHIP WITH CHINESE AUTOMAKER https://evne.ws/40uIKqZ UK'S EV CHARGER GOALS QUESTIONED https://evne.ws/4jBGXt1 TESTING ELECTRIC DIGGERS FOR GREENER MAINTENANCE https://evne.ws/4aw8Z51 NISSAN'S BATTERY DEAL FOR FUTURE ELECTRIC VEHICLES https://evne.ws/4ggPmiH

Join hosts Lei Xing and Tu Le in this dynamic episode of China EVs and More as they dissect the week's most pivotal news and developments in the global EV, AV, and mobility sectors. From corporate shake-ups to industry resets, the discussion highlights critical issues shaping the future of mobility.Discussion Topics:     •  The sudden challenges and restructuring at Ji Yue, a joint venture between Geely and Baidu.     •  Analysis of the “reset” era in China's EV market and its implications for startups and legacy automakers.     •  BYD's dominance and its impact on both domestic and international markets.     •  Evaluating automaker strategies, from Volkswagen's 10-point plan for China to Stellantis' investments in Leapmotor and CATL.     •  NIO's ambitious goals for profitability and scale in 2025 and its evolving battery-swapping ecosystem.     •  Insights into the global implications of shifting EV production and market dynamics.     •  The collapse of GM's Cruise and its lessons for autonomous vehicle technology.     •  Predictions for market protectionism and its effects on EV exports, especially in South America.Companies Discussed:     •           Geely, Baidu, Ji Yue     •           BYD, Nio, Leapmotor     •           Volkswagen, GM, Stellantis     •           CATL, Tesla, Waymo     •           GAC, Huawei, XiaomiTune in for an in-depth exploration of the challenges and opportunities in the ever-evolving EV and mobility industries!

- VW Workers to Hold More Walkouts - Tesla Gets More Aggressive with Leases - Uber Launches Robotaxi Service in Abu Dhabi - Waymo Expands to Miami  - Stellantis Signs Another Lithium-Sulfur Battery Deal - Lotus Shakes Up Sales Strategy - EU A “Must Win” For China EV Makers - Wuling Refreshes Hong Guang MiniEV - He Was a Designer at Mercedes and Worked at Taco Bell - Greenbrier White Paper a Must Read

- VW Workers to Hold More Walkouts - Tesla Gets More Aggressive with Leases - Uber Launches Robotaxi Service in Abu Dhabi - Waymo Expands to Miami  - Stellantis Signs Another Lithium-Sulfur Battery Deal - Lotus Shakes Up Sales Strategy - EU A “Must Win” For China EV Makers - Wuling Refreshes Hong Guang MiniEV - He Was a Designer at Mercedes and Worked at Taco Bell - Greenbrier White Paper a Must Read

Europe wants to go green in a hurry. China has EVs to help Europe achieve their goal faster. What's the problem? The problem is that too many Chinese cars are flooding into France, Germany and Italy And that is putting enormous pressure on Europe's auto industry. Making things worse, European brands' sales are skidding in China, which used to be their forever profit machines.  VW is now talking about closing three plants and laying off tens of thousands. And we are not even in a recession. Joining me to make sense of the pressure - he calls it a schism - is Roger Atkins, founder of Electric Vehicles Outlook. How will Europe see things through from here? Roger will also share what he loves and what he loves much less about driving his all-electric  ID Buzz, the retro bus from VW. Along the way, we will also learn how to say sh-t-show in Chinese. Yes, I promise you there is such a word. 

Carl Quintanilla, Jim Cramer and David Faber explored what's at stake for the markets with one day to go before Election Day -- and ahead of this week's Fed decision on interest rates. The future for Chinese stimulus also in the mix. The anchors discussed Nvidia and Sherwin-Williams being added to the Dow, replacing Intel and Dow, Inc. effective Friday.  Hear what Cramer said about investing in Intel. Also in focus: Warren Buffett's Berkshire Hathaway boosts its cash hoard to $325 billion and unloads more of its stake in Apple, Tesla falls on China EV sales data, "Faber Report" on a federal regulator's rejection of a data center agreement involving Amazon -- plus the stocks taking a hit on that news.Squawk on the Street Disclaimer

So far this year, electric vehicle (EV) sales have been less than expected in the United States and Europe, but growth remains strong in China. Why is EV adoption slowing in North America, and what is different in China?We examine the latest sales numbers and the factors that could be contributing to slower growth in North America. Factors include a lack of charging infrastructure, the high cost of fast charging, high depreciation, and a current shortage of plug-in hybrid options. EV competitiveness with gasoline cars, especially in the compact car segments, remains an issue.To help us with the conversation, our guest this week is Lawrence Romanosky, a Calgary-based 'car guy' with 20 years of experience as a luxury car sales manager. Lawrence was responsible for the first rollout of the Porsche Taycan all-electric car at the dealership in Calgary in 2019. Check out his auto blog and website here.Content referenced in this podcast:LUGNUTZ self-service facility for automotive enthusiasts Wall Street Journal “What Scared Ford's CEO in China,” Sept 14, 2024 Article from Spectrum News on a study from iSeeCars.com  “EVs depreciate more than any other vehicle type, study says,” November 2023 AAA Newsroom “Your Driving Costs: The Price of a New Car Ownership Continues to Climb,” September 2024, includes a special analysis comparing the cost of EV and hybrid ownership to gas-poweredElectrek “BYD $10,000 Seagull EV was the top-selling car in China last month,” September 2024 Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/  Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

Thanks for tuning in to this mid-week episode of RealAg Radio, brought to you by Farmers Edge. Host Shaun Haney is joined by: Karen Proud with Fertilizer Canada on the permanent changes to the Canada Labour Code; Micheal Harvey with Canadian Agri-Food Trade Alliance on Canada deciding to place tariffs on China EV’s and steel;... Read More

China has rapidly become the largest producer of electric vehicles (EV) globally, with a nearly 40% increase in sales volume last year. In this episode, Colin Ellis talks with our analyst Gerwin Ho about the drivers behind this growth, how a drive to boost scale amid intense domestic competition has prompted them to look elsewhere and the difficulties they will encounter in boosting exports and setting up overseas production.Speaker: Gerwin Ho, VP-Senior Credit Officer, Corporate Finance Group at Moody's RatingsHost: Colin Ellis, MD-Global Credit Strategist at Moody's RatingsRelated Research:Auto and Auto Parts Manufacturers – China: Chinese EV makers will broaden expansion into emerging markets amid US, EU tariffs

Thanks for tuning in to this mid-week episode of RealAg Radio, brought to you by Farmers Edge. Host Shaun Haney is joined by: Karen Proud with Fertilizer Canada on the permanent changes to the Canada Labour Code; Micheal Harvey with Canadian Agri-Food Trade Alliance on Canada deciding to place tariffs on China EV’s and steel;... Read More

- GM Laying Off Workers in China - EV Sales Tank Without Incentives - Donald Trump Mellowing On EVs - VW Delays More EVs Again - GMC Gives New Terrain Truck Inspired Design - Global EV Sales Make Significant Gain - Nissan Dealer Profits Plunge - BYD Launching All-Electric Hot-Hatch - BYD Dominates China's PHEV Market - Ford Offers Free At-Home Charging

- GM Laying Off Workers in China - EV Sales Tank Without Incentives - Donald Trump Mellowing On EVs - VW Delays More EVs Again - GMC Gives New Terrain Truck Inspired Design - Global EV Sales Make Significant Gain - Nissan Dealer Profits Plunge - BYD Launching All-Electric Hot-Hatch - BYD Dominates China's PHEV Market - Ford Offers Free At-Home Charging

- Honda Outsells Stellantis In U.S. - VinFast To Build EV Plant in Indonesia - Germany To Sit Out China Tariff Vote - SAIC Wants Assembly Plant in EU - China Files Against U.S. IRA With WTO - EVs Cheaper to Own Than ICE - Bollinger Appoints Jim Taylor as CEO - China EV Price War Spreads to ICE Cars - China EV Aces NCAP Crash Test

- Honda Outsells Stellantis In U.S. - VinFast To Build EV Plant in Indonesia - Germany To Sit Out China Tariff Vote - SAIC Wants Assembly Plant in EU - China Files Against U.S. IRA With WTO - EVs Cheaper to Own Than ICE - Bollinger Appoints Jim Taylor as CEO - China EV Price War Spreads to ICE Cars - China EV Aces NCAP Crash Test

Can you help me make more podcasts? Please consider supporting this show on Patreon as the service is 100% funded by those who watch & listen: https://EVne.ws/patreon You can read all the latest news on the blog here: https://EVne.ws/blog Subscribe for free and listen to the podcast on audio platforms: https://EVne.ws/apple https://EVne.ws/googlepods https://EVne.ws/spotify https://EVne.ws/tunein https://EVne.ws/iheart EU INCREASES TARIFFS ON CHINESE ELECTRIC VEHICLES https://evne.ws/4b1ihEA FORD'S SECRETIVE LOW-COST EV TEAM EXPANDS WITH TOP TALENT https://evne.ws/4aWuVEY JLR ADOPTS CHERY PLATFORMS FOR FUTURE ELECTRIC AND HYBRID VEHICLES https://evne.ws/3Vq6Twt RENAULT PARTNERS WITH CHINESE FIRM FOR COST-EFFECTIVE TWINGO EV https://evne.ws/45pDYNx ALPINE A290 ELECTRIC HOT HATCH DEBUTS WITH 215BHP AND 236-MILE RANGE https://evne.ws/3VGWm12 EV TAX CREDITS SAVE BUYERS OVER $1 BILLION IN 2024 https://evne.ws/3zbNMyo CATL AND BYD COMPETE TO DEVELOP FASTER 6C CHARGING BATTERIES https://evne.ws/3VH5K4X NIO LAUNCHES ADVANCED 4TH-GEN BATTERY SWAP STATIONS https://evne.ws/3Vq6UR3 MERCEDES EQE SUV: BIG DISCOUNTS AND 0% APR OFFER https://evne.ws/3VGm1aa POLESTAR LAUNCHES NEW SPACE IN SHEFFIELD https://evne.ws/45oqj9k

We are live in Paris at Vivatech where Tesla CEO Elon Musk slams President Joe Biden's China EV tariffs, telling CNBC his company is very competitive in the country without them. French President Emmanuel Macron tells our U.S. colleagues exclusively that Europe is lagging behind the U.S. in the field of A.I. and that France should be leading the field in innovation. Nvidia shares pop on Wall Street but it's not enough to reverse a losing session off the back of strong jobs and manufacturing data Stateside. On this side of the Atlantic, UK retail numbers disappoint, potentially heaping pressure on European equities. And speaking at the G-7 on the shores of Lake Maggiore, Italy, U.S. Treasury Secretary Janet Yellen calls for greater cooperation among the member countries in the face of Chinese overcapacity.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

PREVIEW: #PRC: Conversation with colleagues Anne Stevenson-Yang and Gordon Chang re the extremely long wait for China EV manufacturers to pay their bills and why?  More tonight. undated Peking train

PREVEW: BYD: #MEXICO: Conversation with colleague Professor Evan Ellis of the Army War College re BYD looking to build a plant in Mexico to work around the tariffs imposed on the heavily subsidized and dumped China EV. More later. 1857 Qing Dynasty

U.S. stocks rose Tuesday. Plus, ChatGPT launches its latest model, China EV tariffs could stifle EV adoption, and forecasters are torn on interest rates. Learn more about your ad choices. Visit podcastchoices.com/adchoices

President Joe Biden hikes tariffs on Chinese electric vehicles. US Secretary of State Antony Blinken is in Ukraine to reassure Kyiv of American support. Reuters exclusively reports that the US and Taiwan quietly held joint military drills in the Pacific. And a January 6th Capitol officer and a rioter are both on ballots in US congressional primaries.   Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can you help me make more podcasts? Please consider supporting this show on Patreon as the service is 100% funded by those who watch & listen: https://EVne.ws/patreon You can read all the latest news on the blog here: https://EVne.ws/blog Subscribe for free and listen to the podcast on audio platforms: https://EVne.ws/apple https://EVne.ws/googlepods https://EVne.ws/spotify https://EVne.ws/tunein https://EVne.ws/iheart Tesla Unveils Updated Model 3 Performance in China https://evne.ws/44IOcIp Tesla Model Y Offers New Low APR https://evne.ws/3wxAdZq Tesla Factory Expansion Protest in Berlin https://evne.ws/3V2mGCI Fisker Faces New NHTSA Probe Over Brake Issues https://evne.ws/44DLsw3 Biden's New Tariffs on Chinese EVs and Potential Impact https://evne.ws/44KPN0j BYD Launches Affordable Electric SUV Sea Lion 07 https://evne.ws/4beyffG DTNA Expands Clean Transportation in Portland https://evne.ws/44F1khQ China Launches Major Sodium-Ion Battery Facility https://evne.ws/3yfnefn Mercedes Mass-Produces Axial-Flux Motors for EVs https://evne.ws/3UZ0Rnr

Listen for the latest from Bloomberg NewsSee omnystudio.com/listener for privacy information.

From the BBC World Service: Shares in major Chinese electric carmakers have fallen following reports that the U.S. is preparing to bring additional tariffs against Chinese companies, specifically aimed at EVs and other sectors. Then, rat remains have been found in sliced bread in Japan, triggering recalls. And the Eurovision Song Contest, watched by 200,000,000 people worldwide, has faced controversy over Israel’s inclusion in the show. Support our nonprofit newsroom today and pick up a fun thank-you gift like our new Shrinkflation mini tote bag or the fan favorite KaiPA pint glass!

From the BBC World Service: Shares in major Chinese electric carmakers have fallen following reports that the U.S. is preparing to bring additional tariffs against Chinese companies, specifically aimed at EVs and other sectors. Then, rat remains have been found in sliced bread in Japan, triggering recalls. And the Eurovision Song Contest, watched by 200,000,000 people worldwide, has faced controversy over Israel’s inclusion in the show. Support our nonprofit newsroom today and pick up a fun thank-you gift like our new Shrinkflation mini tote bag or the fan favorite KaiPA pint glass!

Hablamos sobre el recall del Cybertruck debido a un problema con el pedal del acelerador. Pero el tema principal son los despidos en Tesla y los resultados financieros de Tesla. Destacamos la caída de rentabilidad de Tesla y la disminución en las ventas de coches eléctricos en general. La situación en la fábricas de Tesla y la salida de altos ejecutivos de nuestra compañía. Especulamos sobre la posibilidad de que el negocio de los supercargadores de Tesla sea vendido a otra compañía, y acabamos con la rocambolesca historia de un empleado que fue despedido mientras leía sus emails en el coche. - Los despidos en Tesla afectarán a las plantillas de EEUU, China y Europa - Tesla's Most Crucial Metric Drops to the Lowest in Three Years - Tesla gives update on Cybertruck, 1,000 in a week - Here's how Tesla repairs your Cybertruck accelerator paddle - Tesla Cybertruck deliveries resume with a minor tweak - 100 Supercharger Stations - Más cifras negativas para Tesla en China. Las ventas de Giga Shanghai caen un 18% - China EV insurance registrations for week ending Apr 28 - Elon Musk's no.2 at Tesla goes back to China as the CEO isolates himself at the top - People and Culture | Tesla - Tesla Tells Excited Young Interns That Their Internships Have Been Canceled - Getting laid off while on autopilot is a new one - Tesla fired its entire new ad team in recent layoffs - Tesla launches another round of layoffs ELON está presentado por Matías S. Zavia (@matiass) y Álex Barredo (@somospostpc). Su tema original está compuesto por Nahúm García (@nahum). — Alojado en Cuonda (@cuonda)

Three news stories summarized & contextualized by analytic journalist Colin Wright.China EV price war to worsen as market share takes priority over profit, hastening demise of smaller playersSummary: A wave of discounts on popular electric vehicles in China has resulted in price-drops of an average of 10% on 50 models over the past three months as carmakers compete to grab market-share in the hottest EV market on the planet.Context: Only a few Chinese EV-makers are profitable right now, and some—including BYD—are investing heavily in expanding to foreign markets, which is causing all sorts of disruptions in those markets, as local competitors can't come close to these Chinese brands' prices; this price war is also raising alarm bells within companies like Tesla, which has traditionally been a dominant player in this space, but which is being elbowed-out as these new, cheaper, increasingly high-quality players establish a global toehold.—South China Morning PostOne Sentence News is a reader-supported publication. To support my work, consider becoming a free or paid subscriber.Student protesters seek amnesty to keep arrests and suspensions from trailing themSummary: Hundreds of student and faculty protestors have been arrested for protesting what they consider to be their institutions' and governments' role in Israel's invasion of the Gaza Strip, and negotiations between protestors and the folks running the universities where the protests are centered are partially focused on amnesty for those who have been arrested or otherwise punished.Context: A lot of ink has been spilled reporting on the day-to-day of these protests, in part because of their relevance to various political culture wars that are playing out in the US right now, but alongside these arrests and the in some cases violent crackdowns on protestors by police who have been called in by those running these universities, protesting faculty and students have been punished from within the school system, booted from their jobs or expelled—and those latter concerns are now included in negotiations, alongside demands that the universities divest from weapons companies and Israel-associated entities, even as the culture war-style commentary continues to dominate most of the conversations and headlines about these protests and those involved with them.—The Associated PressEPA severely limits pollution from coal-burning power plantsSummary: Last week, the Environmental Protection Agency announced a new regulation that will require coal plants in the US reduce their greenhouse gas emissions by 90% by 2039—a year earlier than originally planned.Context: The EPA also said coal plants will face stricter limitations on their mercury emissions, will need to better control toxic ash seepage into water supplies, and will have to constrain their wastewater discharge; all of which is being seen as a practical cap on the lifespan of coal plants in the US, as these regulations can only be met at great expense, and analysts are generally assuming the folks running these plants will run the numbers and find that it makes more sense to shut them down than to upgrade them in such a way that they can continue to legally operate.—The New York TimesView of Athens from the Tourkovounia hills last week, as a cloud of dust blew north from the Sahara desert, cloaking the Greek city in an orange haze; this is a semi-regular occurrence, but the dust clouds of recent years have been more concentrated than usual, which makes it hazardous for locals' respiratory health and impacts normal, everyday behavior in all sorts of ways.—The New York Times7Number of years the Canadian federal government and Alaskan state government have banned fishing of chinook salmon on the Yukon River, in order to allow the species to recover from years of overfishing that has depleted its population.Seven years is about the length of a salmon's total lifecycle.—CBC NewsTrust Click Get full access to One Sentence News at onesentencenews.substack.com/subscribe

This week the boys are back and we came in hot with a few good stories including Beat Booby Flay, China EV cars, Elon Musk and Don Lemon interview, and the new Roadhouse movie. Listen in for more.. BUMP Energy powers this podcast.Follow us on all social media at time for another or check out our website at timeforanother.comSend us an email at timeforanotherpodcast@gmail.com

Episode 227: Neal and Toby discuss why Tesla has lost the top EV spot to BYD in China. Plus, Harvard's president Claudine Gay resigns following the shortest tenure in the university's history and what a plane collision in Tokyo means for the airline industry as a whole. Next, how Covid slashed vast consumer choices and the 16-year old phenom that is trying to become the dart champion of the world. And finally, U-Haul released their 2023 wrapped and the states people are moving to may surprise you. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we cover:The sky-high interest rates: Why they are where they are and when we might see relief.Our trading tip of the month that you won't want to miss.Stocks that hit 52-week lows. Spotlight on: KO, PEP, GM, BAC, MMM, SQ, TGT, CAG. Which ones are on our radar?The investment opportunity that's flying under most radars.Dive deep into the ongoing Kaiser strike. What's happening and why it matters.After its recent surge, what's next for oil prices? Crash or continue rising?Best sectors to invest in during a down market.Beyond AI: Predictions on the next big innovation.NVDA's run: Has it peaked or is there another catalyst on the horizon?Updates on the Israel-Hamas conflict and its market implications.Tesla's stock dip following China EV sales drop. Is now the right time to jump in?Discussing war-related investments: Focusing on GD, XOM, DVN.And, a look into the recent buzz: Is Congress buying defense stocks? A sign of things to come or just business as usual?Don't forget to subscribe, like, and comment below with your insights!

The three-hundred-sixty-third episode of the DSR Daily Brief Stories Cited in the Episode: Zelenskyy heading to New York to court the rest of the world No sign of Kim Jong Un as his Russia visit continues and Seoul expresses concern over Putin meetings House punts on Pentagon bill, an ominous sign as shutdown looms Beijing blasts 'protectionist' EU probe as China EV stocks slip Rogue Russian pilot tried to shoot down RAF aircraft in 2022 Senate subpoenas Saudi's $700bn sovereign wealth fund over US dealings ‘Just Ken' no more? Barbie sidekick among 12 finalists for National Toy Hall of Fame Learn more about your ad choices. Visit megaphone.fm/adchoices

Original Release on July, 27th 2023: With higher quality and lower costs, China's electric vehicles could lead a shift in the global auto industry.----- Transcript -----Adam Jonas: Welcome to Thoughts on the Market. I'm Adam Jonas, Head of Morgan Stanley's Global Autos and Share Mobility Team. Tim Hsaio: And Tim Hsaio Greater China Auto Analyst. Adam Jonas: And on this special episode of Thoughts on the Market, we're going to discuss how China Electric vehicles are reshaping the global auto market. It's Thursday, July 27th at 8 a.m. in New York. Tim Hsaio: And 8 p.m in Hong Kong. Adam Jonas: For decades, global autos have been dominated by established, developed market brands with little focus on electric vehicles or EVs, particularly for the mass market. As things stand today, affordable EVs are few and far between, and this undersupply presents a major global challenge. At Morgan Stanley Equity Research, we think the auto industry will undergo a major reshuffling in the next decade as affordable EVs from emerging markets capture significant global market share. Tim, you believe China made EVs will be at the center of this upcoming shakeup of the global auto industry, are we at an inflection point and how did we get here? Tim Hsaio: Thanks, Adam. Yeah, we are definitely at a very critical inflection point at the moment. Firstly, since last year, as you may notice that China has outsized Germany car export and soon surpassed Japan in the first half of this year as the world's largest auto exporter. So now we believe China made EVs infiltrating the West, challenging their global peers, backed by not just cheaper prices but the improving variety and quality. And separately, we believe that affordability remains the key mitigating factors to global EV adoption, as Rastan brands have been slow to advance their EV strategy for their mass market. A lack of affordable models actually challenged global adoption, but we believe that that creates a great opportunity to EV from China where a lot of affordable EVs will soon fill in the vacuum and effectively meet the need for cheaper EV. So we believe that we are definitely at an inflection point. Adam Jonas: So Tim, it's safe to say that the expansionary strategy of China EVs is not just a fad, but real solid trend here? Tim Hsaio: Totally agree. We think it's going to be a long lasting trend because you think about what's happened over the past ten years. China has been a major growth engine to curb auto demands, contributing more than 300% of a sales increment. And now we believe China will transport itself into the key supply driver to the world, they initially by exporting cheaper EV and over time shifting course to transplant and foreign production just similar to Japan and Korea autos back to 1970 to 1990. And we believe China EVs are making inroads into more than 40 countries globally. Just a few years ago, the products made by China were poorly designed, but today they surpass rival foreign models on affordability, quality and even detector event user experience. So Adam, essentially, we are trying to forecast the future of EVs in China and the rest of the world, and this topic sits right at the heart of all three big things Morgan Stanley Research is exploring this year, the multipolar world, decarbonization and technology diffusion. So if we take a step back to look at the broader picture of what happens to supply chain, what potential scenarios for an auto industry realignment do you foresee? And which regions other than China stand to benefit or be negatively impacted? Adam Jonas: So, Tim, look, I think there's certainly room to diversify and rebalance at the margin away from China, which has such a dominant position in electric vehicles today, and it was their strategy to fulfill that. But you also got to make room for them. Okay. And there's precedent here because, you know, we saw with the Japanese auto manufacturers in the 1970s and 1980s, a lot of people doubted them and they became dominant in foreign markets. Then you had the Korean auto companies in the 1990s and 2000s. So, again, China's lead is going to be long lasting, but room for on-shoring and near-shoring, friend shoring. And we would look to regions like ASEAN, Vietnam, Thailand, Indonesia, Malaysia, also the Middle East, such as Morocco, which has an FTA agreement with the U.S. and Saudi, parts of Scandinavia and Central Europe, and of course our trade partners in North America, Mexico and Canada. So, we' re witnessing an historic re-industrialization of some parts of the world that where we thought we lost some of our heavy industry. Tim Hsaio: So in a context of a multipolar trends, we are discussing Adam, how do you think a global original equipment manufacturers or OEM or the car makers and the policymakers will react to China's growing importance in the auto industry? Adam Jonas: So I think the challenge is how do you re-architect supply chains and still have skin in the game and still be relevant in these markets? It's going to take time. We think you're going to see the established auto companies, the so-called legacy car companies, seek partnerships in areas where they would otherwise struggle to bring scale. Look to diversify and de-risk their supply chains by having a dual source both on-shore and near-shore, in addition to their established China exposed supply chains. Some might choose to vertically integrate, and we've seen some striking partners upstream with mining companies and direct investments. Others might find that futile and work with battery firms and other structures without necessarily owning the technology. But we think most importantly, the theme is you're not going to be cutting out the world's second largest GDP, which already has such a dominant position in this important market, so the Western firms are going to work with the Chinese players. And the ones that can do that we think will be successful. And I'd bring our listeners attention to a recent precedent of a large German OEM and a state sponsored Chinese car company that are working together on electric vehicle architecture, which is predominantly the Chinese architecture. We think that's quite telling and you're going to see more of that kind of thing. Tim Hsaio: So Adam, is there anything the market is missing right now? Adam Jonas: A few things, Tim, but I think the most obvious one to me is just how good these Chinese EVs are. We think the market's really underestimating that, in terms of quality safety features, design. You know, you're seeing Chinese car companies hiring the best engineers from the German automakers coming, making these beautiful, beautiful vehicles, high quality. Another thing that we think is underestimated are the environmental externalities from battery manufacturing, batteries are an important technology for decarbonization. But the supply chain itself has some very inconvenient ESG externalities, labor to emissions and others. And I would say, final thing that we think the market is missing is there's an assumption that just because the electric vehicle and the supporting battery business, because it's a large and fast growing, that it has to be a high return business. And we are skeptical of that. Precedents from the solar polysilicon and LED TVs and others where when you get capital working and you've got state governments all around the world providing incentives that you get the growth, but you don't necessarily get great returns for shareholders, so it's a bit of a warning to investors to be cautious, be opportunistic, but growth doesn't necessarily mean great returns. Tim, let's return to China for a minute and as I ask you one final question, where will growing China's EV exports go and what is your outlook for the next one or two years as well as the next decade? Tim Hsaio: Eventually, I think China EVs will definitely want to grow their presence worldwide. But initially, we believe that there are two major markets they want to focus on. First one would be Europe. I think the China's export or the local brands there will want to leverage their BEV portfolio, battery EV, to grow their presence in Europe. And the other key market would be ASEAN country, Southeast Asia. I think the Chinese brands where the China EV can leverage their plug-in hybrid models to grow their presence in ASEAN. The major reason is that we noticed that in Southeast Asia the charging infrastructure is still underdeveloped, so the plug-in hybrid would be the more ideal solution to that market. And for the next 1 to 2 years, we are currently looking for the China the EV export to grow by like 50 to 60% every year. And in that long-terms, as you may notice that currently China made vehicles account for only 3% of cars sold outside China. But in the next decade we are looking for one third of EVs sold in overseas would be China made, so they are going to be the leader of the EV sold globally. Adam Jonas: Tim, thanks for taking the time to talk. Tim Hsaio: Great speaking with you Adam.Adam Jonas: As a reminder, if you enjoy Thoughts on the Market, please take a moment to rate and review us on the Apple Podcast app. It helps more people to find the show.

With higher quality and lower costs, China's electric vehicles could lead a shift in the global auto industry.----- Transcript -----Adam Jonas: Welcome to Thoughts on the Market. I'm Adam Jonas, Head of Morgan Stanley's Global Autos and Share Mobility Team. Tim Hsaio: And Tim Hsaio Greater China Auto Analyst. Adam Jonas: And on this special episode of Thoughts on the Market, we're going to discuss how China Electric vehicles are reshaping the global auto market. It's Thursday, July 27th at 8 a.m. in New York. Tim Hsaio: And 8 p.m in Hong Kong. Adam Jonas: For decades, global autos have been dominated by established, developed market brands with little focus on electric vehicles or EVs, particularly for the mass market. As things stand today, affordable EVs are few and far between, and this undersupply presents a major global challenge. At Morgan Stanley Equity Research, we think the auto industry will undergo a major reshuffling in the next decade as affordable EVs from emerging markets capture significant global market share. Tim, you believe China made EVs will be at the center of this upcoming shakeup of the global auto industry, are we at an inflection point and how did we get here? Tim Hsaio: Thanks, Adam. Yeah, we are definitely at a very critical inflection point at the moment. Firstly, since last year, as you may notice that China has outsized Germany car export and soon surpassed Japan in the first half of this year as the world's largest auto exporter. So now we believe China made EVs infiltrating the West, challenging their global peers, backed by not just cheaper prices but the improving variety and quality. And separately, we believe that affordability remains the key mitigating factors to global EV adoption, as Rastan brands have been slow to advance their EV strategy for their mass market. A lack of affordable models actually challenged global adoption, but we believe that that creates a great opportunity to EV from China where a lot of affordable EVs will soon fill in the vacuum and effectively meet the need for cheaper EV. So we believe that we are definitely at an inflection point. Adam Jonas: So Tim, it's safe to say that the expansionary strategy of China EVs is not just a fad, but real solid trend here? Tim Hsaio: Totally agree. We think it's going to be a long lasting trend because you think about what's happened over the past ten years. China has been a major growth engine to curb auto demands, contributing more than 300% of a sales increment. And now we believe China will transport itself into the key supply driver to the world, they initially by exporting cheaper EV and over time shifting course to transplant and foreign production just similar to Japan and Korea autos back to 1970 to 1990. And we believe China EVs are making inroads into more than 40 countries globally. Just a few years ago, the products made by China were poorly designed, but today they surpass rival foreign models on affordability, quality and even detector event user experience. So Adam, essentially, we are trying to forecast the future of EVs in China and the rest of the world, and this topic sits right at the heart of all three big things Morgan Stanley Research is exploring this year, the multipolar world, decarbonization and technology diffusion. So if we take a step back to look at the broader picture of what happens to supply chain, what potential scenarios for an auto industry realignment do you foresee? And which regions other than China stand to benefit or be negatively impacted? Adam Jonas: So, Tim, look, I think there's certainly room to diversify and rebalance at the margin away from China, which has such a dominant position in electric vehicles today, and it was their strategy to fulfill that. But you also got to make room for them. Okay. And there's precedent here because, you know, we saw with the Japanese auto manufacturers in the 1970s and 1980s, a lot of people doubted them and they became dominant in foreign markets. Then you had the Korean auto companies in the 1990s and 2000s. So, again, China's lead is going to be long lasting, but room for on-shoring and near-shoring, friend shoring. And we would look to regions like ASEAN, Vietnam, Thailand, Indonesia, Malaysia, also the Middle East, such as Morocco, which has an FTA agreement with the U.S. and Saudi, parts of Scandinavia and Central Europe, and of course our trade partners in North America, Mexico and Canada. So, we' re witnessing an historic re-industrialization of some parts of the world that where we thought we lost some of our heavy industry. Tim Hsaio: So in a context of a multipolar trends, we are discussing Adam, how do you think a global original equipment manufacturers or OEM or the car makers and the policymakers will react to China's growing importance in the auto industry? Adam Jonas: So I think the challenge is how do you re-architect supply chains and still have skin in the game and still be relevant in these markets? It's going to take time. We think you're going to see the established auto companies, the so-called legacy car companies, seek partnerships in areas where they would otherwise struggle to bring scale. Look to diversify and de-risk their supply chains by having a dual source both on-shore and near-shore, in addition to their established China exposed supply chains. Some might choose to vertically integrate, and we've seen some striking partners upstream with mining companies and direct investments. Others might find that futile and work with battery firms and other structures without necessarily owning the technology. But we think most importantly, the theme is you're not going to be cutting out the world's second largest GDP, which already has such a dominant position in this important market, so the Western firms are going to work with the Chinese players. And the ones that can do that we think will be successful. And I'd bring our listeners attention to a recent precedent of a large German OEM and a state sponsored Chinese car company that are working together on electric vehicle architecture, which is predominantly the Chinese architecture. We think that's quite telling and you're going to see more of that kind of thing. Tim Hsaio: So Adam, is there anything the market is missing right now? Adam Jonas: A few things, Tim, but I think the most obvious one to me is just how good these Chinese EVs are. We think the market's really underestimating that, in terms of quality safety features, design. You know, you're seeing Chinese car companies hiring the best engineers from the German automakers coming, making these beautiful, beautiful vehicles, high quality. Another thing that we think is underestimated are the environmental externalities from battery manufacturing, batteries are an important technology for decarbonization. But the supply chain itself has some very inconvenient ESG externalities, labor to emissions and others. And I would say, final thing that we think the market is missing is there's an assumption that just because the electric vehicle and the supporting battery business, because it's a large and fast growing, that it has to be a high return business. And we are skeptical of that. Precedents from the solar polysilicon and LED TVs and others where when you get capital working and you've got state governments all around the world providing incentives that you get the growth, but you don't necessarily get great returns for shareholders, so it's a bit of a warning to investors to be cautious, be opportunistic, but growth doesn't necessarily mean great returns. Tim, let's return to China for a minute and as I ask you one final question, where will growing China's EV exports go and what is your outlook for the next one or two years as well as the next decade? Tim Hsaio: Eventually, I think China EVs will definitely want to grow their presence worldwide. But initially, we believe that there are two major markets they want to focus on. First one would be Europe. I think the China's export or the local brands there will want to leverage their BEV portfolio, battery EV, to grow their presence in Europe. And the other key market would be ASEAN country, Southeast Asia. I think the Chinese brands where the China EV can leverage their plug-in hybrid models to grow their presence in ASEAN. The major reason is that we noticed that in Southeast Asia the charging infrastructure is still underdeveloped, so the plug-in hybrid would be the more ideal solution to that market. And for the next 1 to 2 years, we are currently looking for the China the EV export to grow by like 50 to 60% every year. And in that long-terms, as you may notice that currently China made vehicles account for only 3% of cars sold outside China. But in the next decade we are looking for one third of EVs sold in overseas would be China made, so they are going to be the leader of the EV sold globally. Adam Jonas: Tim, thanks for taking the time to talk. Tim Hsaio: Great speaking with you Adam.Adam Jonas: As a reminder, if you enjoy Thoughts on the Market, please take a moment to rate and review us on the Apple Podcast app. It helps more people to find the show.

Krystal and Saagar discuss the tumultuous DeSantis 2024 announcement over Twitter Spaces with Elon Musk, Trump mauls DeSantis with mocking memes, Dems Freak over Republican progress on Debt Ceiling, Uvalde One Year Later as there is nearly zero consequences for the cops who abdicated their duty, CIA admits Ukraine behind Drone attacks on Russia, Krystal looks into how one city solved their Rent Nightmares, Saagar looks into Biden losing to China on the Electric Vehicle race, and we're joined by guest Skanda Amarnath from Employ America to talk about 1 Weird Trick That Could Solve the Debt Ceiling.Skanda's Article: https://www.employamerica.org/blog/14th-amendment-debt-ceiling-perpetual-bonds-the-treasurys-political-misjudgments-are-hiding-in-technocratic-failure/To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/To listen to Breaking Points as a podcast, check them out on Apple and SpotifyApple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Merch: https://breaking-points.myshopify.com/ Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

Krystal and Saagar discuss the tumultuous DeSantis 2024 announcement over Twitter Spaces with Elon Musk, Trump mauls DeSantis with mocking memes, Dems Freak over Republican progress on Debt Ceiling, Uvalde One Year Later as there is nearly zero consequences for the cops who abdicated their duty, CIA admits Ukraine behind Drone attacks on Russia, Krystal looks into how one city solved their Rent Nightmares, Saagar looks into Biden losing to China on the Electric Vehicle race, and we're joined by guest Skanda Amarnath from Employ America to talk about 1 Weird Trick That Could Solve the Debt Ceiling. Skanda's Article: https://www.employamerica.org/blog/14th-amendment-debt-ceiling-perpetual-bonds-the-treasurys-political-misjudgments-are-hiding-in-technocratic-failure/ To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/ To listen to Breaking Points as a podcast, check them out on Apple and Spotify Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623   Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl   Merch: https://breaking-points.myshopify.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices