Whats Motability’s position on Chinese cars?

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  • #163585 Reply
    Brydo
    Participant

    China appears to be the front runner in the manufacturing of EV cars but are we likely to see any of them on the scheme.

    Below is a list of the top 10 chinese car manufacturers many of who will be supplying cars to the UK market in the near future.

    The only person who got all his work done by Friday was Robinson Crusoe.
    Anything i post over three lines long please assume it is an article lol.

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  • #166467 Reply
    Brydo
    Participant

    Inside the industry: how does China have more EV firms than it can count?
    As the Chinese government suggests mergers are in order, we look at who could thrive

    It’s telling that no one can put a definite number on how many EV makers there are in China today.

    Estimates suggest 300, but such has been the speed and scale of investment as firms pile in to profit from the world’s largest car market’s singular focus on reducing its oil dependency that the scene is changing too fast for onlookers to keep up. But it’s likely that the boom is peaking, with the state now stepping in.

    Last month, Xiao Yaqing, minister for industry and IT, declared: “We have too many EV firms on the market right now. We encourage merger and restructuring efforts in the EV sector.”

    Of course, in China, the state gets what it wants – and the share prices of even the top 10 EV makers there by volume wobbled in the wake of those comments.

    Sustainability means different things to different people. In China, the focus is on utilising the transport revolution to build EV mega-brands successful at home and – in time – abroad. That they make EVs, one suspects, is more convenient as an opening to exploit than as a means for environmental progress.

    Could they succeed? Sure. Just consider the progress made by Chinese car brands in the past decade, albeit not just with EVs. While there are many varied reasons for their fall from grace, the collapse in the past five years of Hyundai and Kia sales (-60%) and from their 2014 peak Citroën and Peugeot (-93%) highlights both how quickly the market can turn and how, in the mid-market at least, buyers can easily be swayed to domestic makers.

    It’s these profits from home market sales that will fund international ambitions. Who will thrive? China’s car industry is too big and too complex for confident betting, but it’s impossible not to recognise that SAIC (with MG), Great Wall (with Wey), Nio and Geely (with Lynk&Co) are already laying foundations in Europe. Addin ambitious multibilliondollar investments from tech firms such as Xiaomi (China’s Apple) and Zhiji (a joint venture between SAIC and Alibaba) and the number of serious contenders rapidly grows.

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    It’s a sobering fact that this list alone would add 10-15% more brands to those already here, in a market still considered awash with overproduction and waferthin margins. Can they really gain a foothold when the likes of Honda struggle?

    In this context, Xiao’s wish for consolidated megabrands makes perfect sense. Much will hinge on having a competitive advantage (most likely in connectivity or battery tech) or a price one – something China has long led the world on, albeit with little scrutiny of anything from working conditions to environmental impact.

    Diluting its chances of success through excess competition is not on China’s agenda.

     

    The only person who got all his work done by Friday was Robinson Crusoe.
    Anything i post over three lines long please assume it is an article lol.

    #166605 Reply
    Warkman

    Yes, genesis is one of the premium brand names from Hyundai/Kia stable

    #166606 Reply
    Warkman

    I see we still give people napkins jokes about Chinese cars, rather like they joked about Skoda in the nibties.

    You noodle to be aware of what’s actually going on in China.

    When the Chinese market opened up to world car manufacturers, the government decreed they would have to build in China, with a 50% ownership by the Chinese government.

    indeed, new Tesla’s for Europe are currently being built in China, cars for Australia also.

    this have the Chinese a big quick lesson on how to manufacture and build modern cars.

    they have also taken some of the best designers and engineers from Europe and the USA to develop their future cars.

    the push for EVs has helped them also, developing an ICE driven car and manual gearboxes takes a lot of tine compared to EV systems.

    those laughing at cheap Chinese knock offs need to wake up before their jobs are lost to this tsunami of government subsidised cars and other items.

    how is your Chinese built iPhone/iPad?

    of course Motability will add Chinese cars as soon as they are available, cheaper cars, yes residual values will be lower, but this is a way of reducing their initial costs as electric cars are forced upon people

    #166613 Reply
    Fastbike1000
    Participant

    The only problem that I can see is the lack of dealer network for the different manufacturers.

    #166636 Reply
    Brydo
    Participant

    The only person who got all his work done by Friday was Robinson Crusoe.
    Anything i post over three lines long please assume it is an article lol.

    #166755 Reply
    Brydo
    Participant

    Nio ES8 1000 km challenge

    The only person who got all his work done by Friday was Robinson Crusoe.
    Anything i post over three lines long please assume it is an article lol.

    #167106 Reply
    Brydo
    Participant

    The only person who got all his work done by Friday was Robinson Crusoe.
    Anything i post over three lines long please assume it is an article lol.

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