New Energy Vehicles (NEVs) in China

SteelBird said:

I thought it was a Xiaomi Su7 before I see the words "Dongfeng's eπ"

Xiaomi Su7 catches fire after unloading from trailer. Reasons of the incident have not been clarified. However, I think it's the fault of the battery. Maybe people should check about battery safety again.

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iewgnem said:

Europeans failed the IQ tests which checks if they understand ability to sell the same quality product at a much lower price also means ability to sell a much higher quality product at same price.

For years they were convinced the competition is only for mass market vehicles, they really bought into the delusion that their brand has intrinsic value without the need to back it up with actual products, and even now they still think it's a cost problem even as they're losing on both high and low end, because it's really a value problem.

Without solving value, cutting cost just means you build a shitbox that further destroys their brand, this is exactly what's happening.

The only good and realistic advice quoted in the entire article is, basically, to move to China and become Chinese.

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Tesla's October retail sales in China came in at

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, marking its lowest level since November 2022, according to data released by the CPCA on November 10.

The US electric vehicle (EV) maker's share of China's NEV market in October was 2.03 percent, the lowest since August 2022, data compiled by CnEVPost show.

This resulted in Tesla falling out of the top 10 in CPCA's monthly NEV retail sales rankings for the first time since August 2022.

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(HKG: 2333), occupying the final spot in October's NEV retail top 10, achieved a 3.2 percent share with 41,005 NEV sales.

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