While the headline is interesting. I think the table at the end of the article is more so. - Worldwide sales -10% YoY - China sales -26% YoY And when you cross compare Porsche saying they sold more EV powertrains than their gas equivalents against China's new found foothold as the market leader in consumer electric cars (BYD, NIO, Xiaomi, etc...) Then I think you see an early indication not just of electric car domin…
> Then I think you see an early indication not just of electric car dominance, but of the (very potential) rise of China as the premier automotive super power. It’s done man. Americans are stuck in ICE engines because they’ve been told they’re “car enthusiasts” while the Chinese have been developing EV technology for years. Meanwhile, European makers are stuck not knowing what to do, make Americans happy or compete w…
I remember the (UK) Top Gear episode, which I'd guess must be at least 15 years old now, where they were talking about Chinese car brands, like Roewe, and they were ripping on them for being a bit crap in various ways (performance, not that fun to drive, etc.), but they also highlighted that what's important to Chinese car buyers is equipment level and having the latest tech[0] so, even though the cars at the time weren't the best, they were packed with gadgets and creature comfort.
Add 15 years of rapid progress onto that and it's not surprising that China is dominating in the EV space, because it aligns so well with what Chinese buyers might be looking for in a vehicle.
[0] And having seen what traffic jams in Chinese cities can look like it entirely makes sense to optimise for comfort and engagement whilst sitting still or in stop go traffic, than for driving experience when you're never really going to experience the handling anyway.