In China, they have a large network of charging station infrastructure that the US does not have. They're also a leader in the solar & wind renewable energy. Everything complements one another.
Tesla was allowed to enter China with 100% ownership because authorities recognized the catfish effect of Tesla's entry. The catfish effect refers to the impact that a formidable competitor has on motivating those who are less competitive to enhance their performance and capabilities.
Actually it simpler than that, you can read the original contract between the chinese government and Tesla. Basically Tesla is required to invest 14 billion RMB for the facilities (a good portion of it are loans from Chinese banks at rate of 3.9%) and pay an average of at least 2.25 billion RMB per year for the first 5 years in corporate taxes, otherwise all investment and assets in the Shanghai factory would be given to the chinese government. It is a very good deal for both sides, however, I don't see anyone other than Tesla has the financial clout and confidence in their future revenue to pull it off.
@@seanwong8479 The real deal is China manufacturing 96% of their cars within China so every car Tesla sells stimulates Chinese supply chains and downstream suppliers like Battery companies and etc
Same reason as Apple. However; China at this stage technically more advance and China has commitment to move forward on high tech and shifting low end products to SEA or Africa.
Was a ICE driver before EVs became more affordable and in quantities. Now owning and driving an Atto 3 . Will Never go BACK to ICE vehicles. Sold by Mercedes C200 (2016) as a result. Says much about EVs.
There is a SHORTAGE of EV available in others PARTS of the WORLD. Asia, S.America, Africa and EU. With Petrol prices being elevated ....... Demands for affordable EV are there. US market although as a "WISH LIST" is not that important. US Consumers there will be the ones PAYING the price for " SANCTIONS" against themselves.
Haha! 但这可是美国人自己筑起的小院高墙啊，这些烂政客就这么短视，你拦不住的. The US politicians don’t dare to allow Chinese EVs into the US market, and you know for what reason? National Security, of course! What else? It comes handy!
Americans only want to drive ICE cars? So said Trumpy. Or he is deciding what Americans are allowed to drive? So all the claims to democracy, human rights and freedom sre nothing but bs.
Well, I am also heavily-invested in lithium companies so this iron phosphate and sodium batteries are a problem. I am also pulling my hair out. Oh, I sold my TSLA shares at 4X sometime ago, so I am okay on that front.
I love byd but this guy talks about autonomous cars but the byd ceo has said byd will never do autonomous cars? I think his investment thesis is a bit off
In China, they have a large network of charging station infrastructure that the US does not have. They're also a leader in the solar & wind renewable energy. Everything complements one another.
Listening to this episode as I type this comment. Very glad you brought back TP Huang for another episode.
Tesla was allowed to enter China with 100% ownership because authorities recognized the catfish effect of Tesla's entry. The catfish effect refers to the impact that a formidable competitor has on motivating those who are less competitive to enhance their performance and capabilities.
Actually it simpler than that, you can read the original contract between the chinese government and Tesla. Basically Tesla is required to invest 14 billion RMB for the facilities (a good portion of it are loans from Chinese banks at rate of 3.9%) and pay an average of at least 2.25 billion RMB per year for the first 5 years in corporate taxes, otherwise all investment and assets in the Shanghai factory would be given to the chinese government. It is a very good deal for both sides, however, I don't see anyone other than Tesla has the financial clout and confidence in their future revenue to pull it off.
@@seanwong8479 The real deal is China manufacturing 96% of their cars within China so every car Tesla sells stimulates Chinese supply chains and downstream suppliers like Battery companies and etc
Same reason as Apple. However; China at this stage technically more advance and China has commitment to move forward on high tech and shifting low end products to SEA or Africa.
Chinese evs are ancient history. Time to focus on Chinese aviation.
Was a ICE driver before EVs became more affordable and in quantities. Now owning and driving an Atto 3 . Will Never go BACK to ICE vehicles. Sold by Mercedes C200 (2016) as a result. Says much about EVs.
Can't wait to listen to the military episode
China will surprise you at every turn...
Chinese EV will not come to US. Thanks to Trump, he said in Taxes recently, American only want to drive gasoline cars not EVs.
What’s the best selling car in US?
There is a SHORTAGE of EV available in others PARTS of the WORLD. Asia, S.America, Africa and EU. With Petrol prices being elevated ....... Demands for affordable EV are there. US market although as a "WISH LIST" is not that important. US Consumers there will be the ones PAYING the price for " SANCTIONS" against themselves.
Haha! 但这可是美国人自己筑起的小院高墙啊，这些烂政客就这么短视，你拦不住的. The US politicians don’t dare to allow Chinese EVs into the US market, and you know for what reason? National Security, of course! What else? It comes handy!
Americans only want to drive ICE cars? So said Trumpy. Or he is deciding what Americans are allowed to drive? So all the claims to democracy, human rights and freedom sre nothing but bs.
Remember mechanical watch.
Model y is the best selling car in the whole of China. Not sure how it’s struggling a bit like apple. Only 2 models.
wait for next year's data
@@changliu3915BYD outsold Tesla in 4th quarter according to latest Bloomberg report.
Well, I am also heavily-invested in lithium companies so this iron phosphate and sodium batteries are a problem. I am also pulling my hair out. Oh, I sold my TSLA shares at 4X sometime ago, so I am okay on that front.
Lets go.
Why is the viewership of this channel so small ?
不用说那么清楚吧，让美国人继续自大骄傲下去吧。
聼這些評論不夠總人口0.01%，沒什麽分別。。。。
由於有涉及海豚的危險，請不要將手放在圍欄上。
You sound arrogant.
I love byd but this guy talks about autonomous cars but the byd ceo has said byd will never do autonomous cars? I think his investment thesis is a bit off
BYD is using Nvidia drive orin. BYD will focus on production automation.
Evs are commuter cars, other than that trash and Even thinking that a battery is a sufficient It's pretty foolish.
We are too busy to bad mouth the other.
Oh god this guy thinks he knows more about ai and self driving than Elon musk lol. LiDAR sucks hence why everyone is removing it, ask xpeng and nio.
Xpeng nio removing lidar for cars exported to Europe in order to cut cost. They still use lidar for domestic cars.
@@avil8686 xpeng and Nio ceos have said they won’t need lidar in the future. Cameras will be enough
For Chinese consumers Lidars are a Plus!
@@changliu3915 obviously not when model y is the best selling car in China
@@tomcockcroft9394 the best selling beer is not the best beer, just because Tesla doesnt have Lidar and sensors, doesnt make it right