HEADLINE: China's EV Market Faces Global Headwinds and Domestic Overcapacity GUEST NAME: Alan Tonelson SUMMARY: Despite innovation, China's electric vehicle market, led by BYD, is experiencing production drops, price wars, and significant international p

Sep 18, 01:33 AM

Headliner
Share
Subscribe

HEADLINE: China's EV Market Faces Global Headwinds and Domestic Overcapacity
GUEST NAME: Alan Tonelson
SUMMARY: Despite innovation, China's electric vehicle market, led by BYD, is experiencing production drops, price wars, and significant international pushback due to quality, surveillance fears, and predatory trade practices, exposing a broader economic deflation. China's EV market leader BYD saw production drops amidst price wars and over 150 producers. Global markets, including the US, Japan, Germany, and South Korea, resist Chinese EVs due to surveillance concerns and predatory trade practices. Beijing maintains employment through municipal loans, but widespread overcapacity and deflation are significant challenges.
1950 PEKING

Share
Subscribe
Next
HEADLINE: Commodity Prices Surge Amidst Global Demand and UK Political Turmoil GUEST NAME: Simon Constable SUMMARY: While the south of France enjoys a pleasant harvest, global commodity prices for essential metals and select food items are spiking due to
Top episodes
#Ukraine: Russian military stumbles. George Friedman, Founder and Chairman of Geopolitical Futures. @George_Friedman @GPFutures. LA.
by The John Batchelor Show
#Ukraine: #ClassicGeorgeFriedman: Endings @George_Friedman @GPFutures (originally aired 12-13-21).
by The John Batchelor Show
#Ukraine: NATO reacts. George Friedman @George_Friedman @GPFutures @GeopolitcalFuturesi
by The John Batchelor Show