JSHarris
Super Pro Member
I also bought a Tesla Model 3 when they first came out in 2019. A complete and utter PoS, can't understand why some rave about them.
The sales trends don't lie, though, and Chinese EVs are now outselling European and Japanese made EVs, plus their sales are increasing at a very rapid rate. Go back five years and China weren't selling any EVs here - that's an absolutely massive amount of market penetration in such a short time.
Whether we like it or not the switch from petrol and diesel cars to EVs isn't going to be reversed. China is way ahead of most other car manufacturing countries in terms of mass production of EVs, even the massive Korean car industry will most likely get overtaken by China soon.
The thing to watch is the rate of sales growth. In 2019 Chinese made EVs made up just 0.5% of the European market. In 2021 that had risen to 2.8% of the European market. So far, in just 9 months of 2023 that has risen to 8.3%. No other car manufacturing country has ever come close to penetrating a market so quickly.
This isn't anything to do with tinfoil hats, it's just reality - China will be the world's largest car producing and exporting country within the next few years.
This was very much planned by China and not any sort of accident. China told the world they were going to do this years ago. Unlike most other major manufacturing countries China has the big advantage of being able to plan ahead for years, as their government is very unlikely to change over the next decade or two.
By contrast with Western manufacturers, who are always subject to changes created on a political whim, this political stability gives Chinese industry a useful boost. Imagine managing a company where you can be assured that political policy is very unlikely to change, and that your industry is not subject to the whims of the people at the next election?
Edited to add:
Just been looking at EV sales figures for the UK. Ordered in terms of sales volume, with country of manufacture to the right:
Tesla Model Y (35,551) - China
Tesla Model 3 (19,071) - China
Kia e-Niro (11,197) - Korea
Volkswagen ID.3 (9,832) - Germany
Nissan Leaf (9,178) - UK
MINI Electric (7,425) - UK
Polestar 2 (7,345) - China
MG5 EV (7,030) - China
BMW i4 (6,699) - Germany
Audi Q4 e-tron (6,594) - Germany
The sales trends don't lie, though, and Chinese EVs are now outselling European and Japanese made EVs, plus their sales are increasing at a very rapid rate. Go back five years and China weren't selling any EVs here - that's an absolutely massive amount of market penetration in such a short time.
Whether we like it or not the switch from petrol and diesel cars to EVs isn't going to be reversed. China is way ahead of most other car manufacturing countries in terms of mass production of EVs, even the massive Korean car industry will most likely get overtaken by China soon.
The thing to watch is the rate of sales growth. In 2019 Chinese made EVs made up just 0.5% of the European market. In 2021 that had risen to 2.8% of the European market. So far, in just 9 months of 2023 that has risen to 8.3%. No other car manufacturing country has ever come close to penetrating a market so quickly.
This isn't anything to do with tinfoil hats, it's just reality - China will be the world's largest car producing and exporting country within the next few years.
This was very much planned by China and not any sort of accident. China told the world they were going to do this years ago. Unlike most other major manufacturing countries China has the big advantage of being able to plan ahead for years, as their government is very unlikely to change over the next decade or two.
By contrast with Western manufacturers, who are always subject to changes created on a political whim, this political stability gives Chinese industry a useful boost. Imagine managing a company where you can be assured that political policy is very unlikely to change, and that your industry is not subject to the whims of the people at the next election?
Edited to add:
Just been looking at EV sales figures for the UK. Ordered in terms of sales volume, with country of manufacture to the right:
Tesla Model Y (35,551) - China
Tesla Model 3 (19,071) - China
Kia e-Niro (11,197) - Korea
Volkswagen ID.3 (9,832) - Germany
Nissan Leaf (9,178) - UK
MINI Electric (7,425) - UK
Polestar 2 (7,345) - China
MG5 EV (7,030) - China
BMW i4 (6,699) - Germany
Audi Q4 e-tron (6,594) - Germany























