• Re: China overtakes Japan as world's top car exporter

    From 26B.X958@21:1/5 to All on Mon May 22 00:40:09 2023
    XPost: talk.politics.misc, alt.fan.rush-limbaugh, alt.survival
    XPost: alt.politics.usa

    On 5/21/23 5:55 AM, 26B.X958 wrote:

    No he didn't - this is why I change the 'nym
    and such about once a week :-)

    And WHO BUYS these Chinese cars when they COULD buy
    a Honda or Kia or something with a decent rep ???

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From max headroom@21:1/5 to All on Mon May 22 05:24:32 2023
    XPost: talk.politics.misc, alt.fan.rush-limbaugh, alt.survival
    XPost: alt.politics.usa

    On 5/22/2023 12:40 AM, 26B.X958 wrote:


      And WHO BUYS these Chinese cars when they COULD buy
      a Honda or Kia or something with a decent rep ???


    Wipe the shit off your eye and read again:

    China overtakes Japan as world's top car exporter

    https://www.bbc.com/news/business-65643064

    Officials figures released in the last week show China exported 1.07
    million vehicles in the period, up 58% compared to the first quarter of
    2022.

    At the same time Japan's vehicle exports stood at 954,185, after edging
    up 6% from a year earlier.

    China's exports were boosted by demand for electric cars and sales to
    Russia.

    Last year, China overtook Germany to become the world's second largest
    car exporter.

    According to China's General Administration of Customs, China exported
    3.2 million vehicles in 2022, compared to Germany's 2.6 million vehicle exports.

    The shift away from fossil fuels has helped fuel the rise of China's
    motor industry.

    First quarter exports of new energy vehicles (NEVs), which includes
    electric cars, rose by more than 90%, compared to a year earlier.

    Tesla's China arm, SAIC - the owner of the MG brand - and BYD, which is
    backed by veteran US investor Warren Buffett, are among China's top
    exporters of NEVs.

    Elon Musk's electric carmaker has a huge manufacturing plant in Shanghai
    which exports to regions including Japan and Europe.

    Tesla's 'Gigafactory' is currently capable of producing 1.25 million
    vehicles a year, and the company is planning to further increase capacity.

    Last month, it started making Model Y sport utility vehicles for export
    to Canada.

    China has also seen exports to Russia surge since the start of the
    Ukraine war, as Western countries imposed trade sanctions on Moscow.

    Last, year, Chinese carmakers - including Geely, Chery and Great Wall -
    saw their market share in Russia jump after rivals including Volkswagen
    and Toyota quit the country following the invasion of Ukraine.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Governor Swill@21:1/5 to 26BX958@zpq26q.net on Mon May 22 09:13:28 2023
    XPost: talk.politics.misc, alt.fan.rush-limbaugh, alt.survival
    XPost: alt.politics.usa

    On Mon, 22 May 2023 00:40:09 -0400, "26B.X958" <26BX958@zpq26q.net> wrote:

    On 5/21/23 5:55 AM, 26B.X958 wrote:

    No he didn't - this is why I change the 'nym
    and such about once a week :-)

    And WHO BUYS these Chinese cars when they COULD buy
    a Honda or Kia or something with a decent rep ???

    Africa, Asia, Australia, the southern Pacific, India, South America, Europe.

    Chinese cars are cheap and disposable. They're also dangerous but hey, Americans used to
    buy Corvairs.

    Swill
    --
    Democrats make me feel ashamed of being American.
    Republicans make me feel ashamed of being human.

    Heroyam slava! Glory to the Heroes!

    Sláva Ukrajíni! Glory to Ukraine! Putin is a condom!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Frank <"frank@21:1/5 to max headroom on Mon May 22 12:26:54 2023
    XPost: talk.politics.misc, alt.fan.rush-limbaugh, alt.survival
    XPost: alt.politics.usa

    On 5/22/2023 5:24 AM, max headroom wrote:
    On 5/22/2023 12:40 AM, 26B.X958 wrote:


      And WHO BUYS these Chinese cars when they COULD buy
      a Honda or Kia or something with a decent rep ???


    Wipe the shit off your eye and read again:

    China overtakes Japan as world's top car exporter

    https://www.bbc.com/news/business-65643064

    Officials figures released in the last week show China exported 1.07
    million vehicles in the period, up 58% compared to the first quarter of
    2022.

    At the same time Japan's vehicle exports stood at 954,185, after edging
    up 6% from a year earlier.

    China's exports were boosted by demand for electric cars and sales to
    Russia.

    Last year, China overtook Germany to become the world's second largest
    car exporter.

    According to China's General Administration of Customs, China exported
    3.2 million vehicles in 2022, compared to Germany's 2.6 million vehicle exports.

    The shift away from fossil fuels has helped fuel the rise of China's
    motor industry.

    First quarter exports of new energy vehicles (NEVs), which includes
    electric cars, rose by more than 90%, compared to a year earlier.

    Tesla's China arm, SAIC - the owner of the MG brand - and BYD, which is backed by veteran US investor Warren Buffett, are among China's top
    exporters of NEVs.

    Elon Musk's electric carmaker has a huge manufacturing plant in Shanghai which exports to regions including Japan and Europe.

    Tesla's 'Gigafactory' is currently capable of producing 1.25 million
    vehicles a year, and the company is planning to further increase capacity.

    Last month, it started making Model Y sport utility vehicles for export
    to Canada.

    China has also seen exports to Russia surge since the start of the
    Ukraine war, as Western countries imposed trade sanctions on Moscow.

    Last, year, Chinese carmakers - including Geely, Chery and Great Wall -
    saw their market share in Russia jump after rivals including Volkswagen
    and Toyota quit the country following the invasion of Ukraine.



    I assume all Chinese cars are made in China while Japanese car makers
    have factories outside Japan in places like the US and Mexico. Import
    duties into China are very high forcing companies to build cars there if
    they want to sell there.

    I hear in the future the Chinese may eat our lunch with cheap electric cars.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From =?UTF-8?B?8J+YjiBNaWdodHkgV2FubmFiZ@21:1/5 to Frank on Mon May 22 13:41:12 2023
    XPost: talk.politics.misc, alt.fan.rush-limbaugh, alt.survival
    XPost: alt.politics.usa

    On 5/22/2023 12:26 PM, Frank wrote:
    On 5/22/2023 5:24 AM, max headroom wrote:
    On 5/22/2023 12:40 AM, 26B.X958 wrote:


      And WHO BUYS these Chinese cars when they COULD buy
      a Honda or Kia or something with a decent rep ???


    Wipe the shit off your eye and read again:

    China overtakes Japan as world's top car exporter

    https://www.bbc.com/news/business-65643064

    Officials figures released in the last week show China exported 1.07
    million vehicles in the period, up 58% compared to the first quarter
    of 2022.

    At the same time Japan's vehicle exports stood at 954,185, after
    edging up 6% from a year earlier.

    China's exports were boosted by demand for electric cars and sales to
    Russia.

    Last year, China overtook Germany to become the world's second
    largest car exporter.

    According to China's General Administration of Customs, China
    exported 3.2 million vehicles in 2022, compared to Germany's 2.6
    million vehicle exports.

    The shift away from fossil fuels has helped fuel the rise of China's
    motor industry.

    First quarter exports of new energy vehicles (NEVs), which includes
    electric cars, rose by more than 90%, compared to a year earlier.

    Tesla's China arm, SAIC - the owner of the MG brand - and BYD, which
    is backed by veteran US investor Warren Buffett, are among China's
    top exporters of NEVs.

    Elon Musk's electric carmaker has a huge manufacturing plant in
    Shanghai which exports to regions including Japan and Europe.

    Tesla's 'Gigafactory' is currently capable of producing 1.25 million
    vehicles a year, and the company is planning to further increase
    capacity.

    Last month, it started making Model Y sport utility vehicles for
    export to Canada.

    China has also seen exports to Russia surge since the start of the
    Ukraine war, as Western countries imposed trade sanctions on Moscow.

    Last, year, Chinese carmakers - including Geely, Chery and Great Wall
    - saw their market share in Russia jump after rivals including
    Volkswagen and Toyota quit the country following the invasion of
    Ukraine.



    I assume all Chinese cars are made in China while Japanese car makers
    have factories outside Japan in places like the US and Mexico.  Import duties into China are very high forcing companies to build cars there
    if they want to sell there.


    China dominates the technology of making EV lithium batteries and EV
    electric motors. That why Tesla cannot do without China.

    Good electric motors require powerful rare earth magnets. China
    represents 92% of rare earth magnet production in the world.

    Chinese firms dominate the electric vehicle (EV) battery market,
    accounting for 56% of the world market share.

    That's why Elon Musk's Tesla makes 52% of its EV in China. Even if Tesla
    makes EV in the US, I bet the electric motors and Lithium battery packs
    would come from China.


    I hear in the future the Chinese may eat our lunch with cheap electric
    cars.

    There is a large market in the world for EV where people don't have
    access to cheap gasoline. Only Canada and the US are selling gas guzzlers.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)