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Joined 3 years ago
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Cake day: July 25th, 2023

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  • Isn’t it just that when the Chinese recognised that they needed to dominate and innovate in the car market all the other manufacturers doubled down on doing business as usual? That the Chinese have a dynamic, robotic car industry with a 1 billion person market is really going to make it difficult to compete.

    The Chinese market isn’t perfect by a long stretch as they don’t respond to market signals very well hence the over supply of ICE vehicles because their population has gone EV. That means they have a lot of ICE vehicles on their hands. Especially since Trump closed the Straight of Hormuz.