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Kenz300 x
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Comments by "Kenz300 x" (@KJSvitko) on "China's Deceptive Auto Market Boom: BYD's Overseas Venture Faces a Pile-On" video.
Maybe Europe and the USA should require Chinese car companies to have a European or American partner to gain access to the market. That is what China did to all other auto makers. China should be treated the same way they treated companies coming into their market. China has huge import fees for Foreign auto makers. Europe and USA should do the same to Chinese auto makers.
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Toyota and Honda are sleep walking into the future. They are looking to the past and projecting it forward. EV adoption is accelerating every year. Exponential not linear. The only limiting factor is batteries. The number of electric vehicles and types of vehicles and trucks is growing. Electric vehicles are just better. No noise, no emissions, less fuel costs, less maintenance costs and amazing technology. Gasoline and diesel are OLD polluting technology. PHEVs still have a gasoline engine polluting the environment. Toyota and Honda will be late to the party. It will cost them market share, market value and future customers. There is a Climate Crisis. Young people will not buy petrol and diesel vehicles that add to the Climate Crisis. Toyota needs to learn a lesson from Nokia or Kodak. They will continue to lose market share until they do or they will go bankrupt. They are starting at the top but there is a long way down.
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It is the only one. China just recently dropped the requirement for local partnerships and technology transfer. THat does not change the rules for everyone else that already were forced to have joint ventures. @jonmccormick8683
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