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Chinese automakers just captured 77.4% of China's passenger-vehicle market—and exports have topped one million vehicles for two consecutive months.In Episode #258 of China EVs & More, Tu and Lei unpack a dramatic shift in the world's largest auto market: Chinese brands dominating at home, NEVs approaching 70% of domestic passenger-vehicle sales, and China's automakers increasingly turning to exports as domestic demand weakens.We discuss:
GM is doubling down on China for another 20 years—just as China's auto market enters one of its toughest periods in years.In Episode #257 of China EVs & More, Tu and Lei break down General Motors' extension of the SAIC-GM joint venture, China's slowing domestic auto market, booming vehicle exports, and what it all means for global automakers competing with BYD, Geely, Chery, NIO, XPeng and other Chinese OEMs.We also discuss:
- Ford Assures Shareholders Over Novelis Fire - Ford Launches HD Electrics in Europe - GAC Starts Solid-State Pilot Line - BYD Turns to PHEV Boxer Engine - Changan Buys Hyundai Assembly Plant in China - VW To Launch EREV In China - GM China Previews Future Designs
- Ford Assures Shareholders Over Novelis Fire - Ford Launches HD Electrics in Europe - GAC Starts Solid-State Pilot Line - BYD Turns to PHEV Boxer Engine - Changan Buys Hyundai Assembly Plant in China - VW To Launch EREV In China - GM China Previews Future Designs
- 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
Nov. 15, 2023 | UAW ratification too close to call at GM; China's growing presence in Mexico by Automotive News
We talk with Wody Keita S., Founder and GM China at IZIVAT, a mobile APP and a web-platform that empowers millions of international travelers and shoppers. How they build innovative solutions combining finance, payment, and tax-free shopping and react to the covid-19 pandemic impact on travel industry.
This week on China Corner Office, Chris Marquis talks with China auto industry veteran Robert Yu. In Robert's 30 plus years in the industry, he spent 20 years at Ford and also was Executive Director of GM China and Head of Manufacturing for EV pioneer NIO. Robert provides an insightful overview of the booming EV market in China where there are over 450 officially registered companies that sold about 3 million cars in 2021. For comparison in the US, 800,000 EVs were sold in 2021. We also discuss the different market segments, including the low end which includes EVs selling for $4,000, and the mid-market where offerings from NIO and Xpeng are exceptionally well-positioned globally and have recently begun entering the European market. Finally, we also discuss NIO's unique outsourced manufacturing program and how it compares to traditional auto assembly.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Motley Fool Auto Analyst John Rosevear returns to the podcast to break down EV stories, including Lucid's 520-mile range vehicle, Rivian's EV truck beginning production, Ford's deal with Tesla's former CTO, and more! Stocks Mentioned: LCID, F, GM, NIO, XPEV, TSLA Check out more of our content here: Podcasts Youtube Twitter Reach us by Email @ IndustryFocus@fool.com
Hour 1 of the Wednesday edition features our GM: China is Asshole! Plus, alternative plans, too many covid stats and Joe's call to defund the communists!
My thoughts on the impeachment trial and my speculation on Nancy Pelosi's true hidden agenda, the value of Tesla vs Ford and GM (is someone on crack?), China overtaking the US as the world's biggest trading partner (and the virus outbreak), and my thoughts on the 75th Anniversary of the liberation of Auschwitz (and what one survivor is now sharing after 70 years of silence), and more.
- Global Sales Grow In 2017- Harley Closes Plant, Confirms Electric Bike- Samsung Shows Off Auto Technology- Hyundai Teases New Santa Fe- Tesla Model 3 Engineering Issues
- Global Sales Grow In 2017 - Harley Closes Plant, Confirms Electric Bike - Samsung Shows Off Auto Technology - Hyundai Teases New Santa Fe - Tesla Model 3 Engineering Issues
- GM Sets Sales Record in China- Sales Up Slightly in China- Waymo Places Large Pacifica Order- Kia Teases SP Concept for India- More Details on Volvo’s 1st EV- Small Van Sales Continue to Nosedive- Tesla Model 3 Assembly Line Fixes
- GM Sets Sales Record in China - Sales Up Slightly in China - Waymo Places Large Pacifica Order - Kia Teases SP Concept for India - More Details on Volvo’s 1st EV - Small Van Sales Continue to Nosedive - Tesla Model 3 Assembly Line Fixes