Do due diligence before buying China cars. Many have gone bankrupt in China and when that happens, the cars have no more server access and in many cases car cannot start. BYD is barely breaking even, Chery is making a small loss. Nio is USD8 billion in NETT liability, ie. Their balance sheet is -8 billion.
yes, you are right. FORD chairman just called All CHINA cars makers an "existential threat". Meaning FORD have NO WAY to compete. Do you think FORD know a thing or two about car industry?
My friend at the Motor Checkup booth, Ian Sia, black shirt tall guy.
Cool stuff
surprised not to see Thai or Japanese part suppliers...
Do due diligence before buying China cars. Many have gone bankrupt in China and when that happens, the cars have no more server access and in many cases car cannot start. BYD is barely breaking even, Chery is making a small loss. Nio is USD8 billion in NETT liability, ie. Their balance sheet is -8 billion.
假消息。比亚迪月销45万辆汽车。比亚迪营收没有日系好是因为比亚迪一直大力投入研发，比亚迪一年的新车车型比特斯拉历史车型都多。奇瑞一直是盈利不存在亏本，海外销售数据极好。蔚来整车业务一直赚钱，负债是因为需要建设大量的换电站。换电站是长期赚钱的业务，这些都是资产，不能用短期负债表观察。
yes, you are right.
FORD chairman just called All CHINA cars makers an "existential threat".
Meaning FORD have NO WAY to compete.
Do you think FORD know a thing or two about car industry?