Comments by "D W" (@DW-op7ly) on "The Electric Viking"
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From what I read the USA has the largest deposit of Soda Ash. So it would make sense for the USA to make Sodium Ion Batteries
It's not going to happen in the USA
Since it's basically America and the American people attitude towards clean, green, renewable etc etc etc
When it comes to semiconductors
It's not the most advanced chips that keep these companies going, it is the Legacy chips. Which we in the west forced them to make their own semiconductor industry.
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How Close Is China to World Dominance in Legacy Semiconductors?
* Bread and Butter Technology
Obviously, China would like to be a major player when it comes to high-end sophisticated semiconductor devices, but that doesn’t mean they are not interested in the bread-and-butter end of the market, particularly when it comes to legacy products. In fact, they are very interested in the legacy market, and there are some very good reasons why.
Legacy devices make up a huge amount of global chip sales.
Most chips manufactured today are not advanced chips but legacy chips, and around 71% of devices currently sold are made using software and production equipment created more than twenty years ago.
* The views of industry analysts and observers vary, but generally speaking, it’s thought that 22 wafer fabs are being built in the country, and there is an overall plan to create a total of 30 new wafer fabrication plants. Many of these will concentrate on the production of legacy devices. As for market share, industry intelligence gatherers Trendforce believe China’s legacy chip manufacturing base could provide as much as 30% of the global demand for older devices.
EP
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Baidu the company the Chinese Government partnered Tesla with????
As of Q3 2022 has already done 1.4 million paid robotaxi rides
As of Q3 2023 4.1 million paid robotaxi rides
you really have to dig into multiple western media articles to gleen this real information… rather than Tesla is going there to introduce robotaxis
To me sounds like instead of Tesla FSD they will export Baidu Robotaxis in Tesla vehicles
👇
Baidu starts offering nighttime driverless taxis
December 26, 2022
Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel.
Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city.
The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution.
In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates.
In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year.
Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3.
TC
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@hiram1923
What the USA should do is stop subsidizing the eternal victim these days
stop whining…. You think the Chinese didn’t do this with Solar panels ? And a host of other products and industries?
Only difference is the competition is other Chinese EV manufacturers
Wasn’t to long ago we were complaining about China being the worlds biggest polluter
Now as they invest in Green, Clean, Renewables etc. etc?
We cry overproduction and they subsidize this or that
🙄🙄🙄🙄
They are actually spending the money and making those changes
What are our western Governments doing since we are the ones most vocal about climate change and China being the worlds biggest polluter ???
👇
JANUARY 30, 2023
3 MIN READ
China Invests $546 Billion in Clean Energy, Far Surpassing the U.S.
China accounted for nearly half of the world's low-carbon spending in 2022, which could challenge U.S. efforts to bolster domestic clean energy manufacturing
Nearly half of the world's low-carbon spending took place in China, according to a recent analysis from market research firm BloombergNEF.
The country spent $546 billion in 2022 on investments that included solar and wind energy, electric vehicles and batteries.
Scientific American
👇
Analysis: Clean energy was top driver of China’s economic growth in 2023
Other key findings of the analysis include:
Clean-energy investment rose 40% year-on-year to 6.3tn yuan ($890bn), with the growth accounting for all of the investment growth across the Chinese economy in 2023.
China’s $890bn investment in clean-energy sectors is almost as large as total global investments in fossil fuel supply in 2023 – and similar to the GDP of Switzerland or Turkey.
Including the value of production, clean-energy sectors contributed 11.4tn yuan ($1.6tn) to the Chinese economy in 2023, up 30% year-on-year.
Clean-energy sectors, as a result, were the largest driver of China’ economic growth overall, accounting for 40% of the expansion of GDP in 2023.
Without the growth from clean-energy sectors, China’s GDP would have missed the government’s growth target of “around 5%”, rising by only 3.0%
CarbonBrief
Fossil Fuel Subsidies Surged to Record $7 Trillion
Scaling back subsidies would reduce air pollution, generate revenue, and make a major contribution to slowing climate change
IMF
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@seanlander9321
The difference is this in Q3 of 2019
The US FED was bailing out those TOOBIGTOFAIL banks in their repo markets less their credit markets seize up once again
A few things we learned since the 2008 subprime crisis
Buying for US debt is not unlimited.
In 2013 the US FED had to buy 71% of the newly issued external Sovereign debt by the US Treasury
That Quantitative Easing (QE)debt that was soaped up/printing of money, that debt does not disappear
Since we know from Q3 of 2017 to Q3 of 2019 the FEDs bright idea was to allow 50 to 60 billion of the Agency Debt and US Treasury Debt it soaped up during QE to slowly mature each month, off the FEDs balance sheet. Quantitative Tightening (QT)
Where the US Treasury would issue new corresponding debt for the public to buy. Where with this QT selling they managed to dump about 600 to 700 billion in debt on the American people… as the American people are the biggest buyers of US Sovereign Debt
That QT selling ended during Q3 of 2019 Because that selling of debt ended up freezing up the repo market
Just like when it happened in 2008/2009 during the subprime crisis
Thus the FED balance sheet went from 4.5 trillion to about 3.8 trillion.with that selling from 2017 to 2019
But then the FED had to come back in QE 2.0 and buy that Treasury debt again, all that they dumped and more
Last I checked they ran that FED balance sheeet back up to over 8 trillion. Now it’s back to around 7.8 trillion
Wait you might ask Agency debt is internal debt not supposed to be backed by the US Government
Well the USA has had no issue with taking private internal debt and turning it into External Sovereign Debt backed by the US Government and the American people
Something the Chinese might have been tempted to do with the Junk Bonds issued by those Chinese Property Developers
That were a hot commodity the last few years, sought after by sophisticated foreign investors
In short the Chinese purposely deflated their real estate markets. Cut off money to its Property Developers. And didnt bailout foreign investors who took a risk buying those junk bonds
While the USA left their real estate market to implode. Kept the money flowing to the companies and bailed out foreign investors who invested in private internal debt
👇
As politicians call for taxpayer bailouts and a government takeover of troubled mortgage lenders Freddie Mac and Fannie Mae,
FreedomWorks would like to point out that a bailout is a transfer of possibly hundreds of billions of U.S. tax dollars to sophisticated investors and governments overseas.
The top five foreign holders of Freddie and Fannie long-term debt are China, Japan, the Cayman Islands, Luxembourg, and Belgium. In total foreign investors hold over $1.3 trillion in these agency bonds, according to the U.S. Treasury’s most recent “Report on Foreign Portfolio Holdings of U.S. Securities.”
FreedomWorks President Matt Kibbe commented, “The prospectus for every GSE bond clearly states that it is not backed by the United States government. That’s why investors holding agency bonds already receive a significant risk premium over Treasuries.”
“A bailout at this stage would be the worst possible outcome for American taxpayers and mortgage holders, who have been paying a risk premium to these foreign investors.”
“It would change the rules of the game retroactively and would directly subsidize the risks taken by sophisticated foreign investors.”
“A bailout of GSE bondholders would be perhaps the greatest taxpayer rip-off in American history. It is bad economics and you can be sure it is terrible politics.”
FreedomWorks
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@stefan2796
Huge Price Cuts Rumored From Chinese Developers Due To Collapsing Demand
Vincent Fernando, CFA May 29, 2010
Demand is falling since China's central government announced stricter regulations for property transactions during the middle of April. These involve higher down payments and mortgage rates for the purchase of second home, and act which is seen as potential speculation. Such tightening is reducing buying demand.
Thus a moderately bearish view is that property prices need to come down, since demand is likely down yet supply is the same. This challenge isn't limited to Shanghai:
China Vanke Co, the country's largest publicly listed developer, may cut apartment prices by 10 to 30 percent within three months, the Beijing News said yesterday, citing an unidentified sales agent. Local Vanke officials declined to comment yesterday.
Yet Shanghai is where things could get the ugliest, the earliest. This is because the local Shanghai government is planning to clamp down on speculation even harder than China's central government already has:
Chen Qiwei, a spokesman for the Shanghai municipal government, did not preclude the possibility of levying property tax when asked about this issue at a press conference on Friday.
"Shanghai will take more strict measures in line with the central government policy," Chen said, adding that more efforts will be made in building economically affordable houses and cracking down on speculative house purchasing.
Other cities such as Beijing, Chongqing, and Shenzen could have similar additional taxes, but Shanghai is the first to make an official comment such as above according to China Daily. Thing is, any action from Shanghai will likely need approval from the central government.
BusinessInsider
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Business
Economics
China Increases Banks’ Reserve Ratios to Cool Prices
By Bloomberg News
December 10, 2010 at 4:08 AM PST
👇
China raises banks' reserve ratios again
Reuters
December 10, 20104:27 AM PSTUpdated 13 years ago
Dec 10, 2010 — The 50 basis point increase, which takes effect on Dec 20, will leave required reserve ratios at 18.5 percent
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China Property Market ‘Bubble’ Set to Burst, Xie Says
By Bloomberg News
February 1, 2010 at 11:51 PM PST
China’s property market “bubble” is set to burst as the government curbs credit growth and clamps down on speculation, according to independent economist Andy Xie.
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China cracks down on speculators to cool prices
BY THE ASSOCIATED PRESS
NOV. 23, 2010
The government has ordered banks twice in the past three weeks to raise the amount of money they hold in reserves to rein in lending growth.
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China cracks down on property speculation Source:Global Times Published: 2010
The Chinese government has raised the down payment for second-home buyers to a minimum 50 percent of the value from 40 percent, in a bid to curb property speculation.
The decision was announced in a statement released Thursday after conclusion of an executive meeting of the State Council, the Cabinet, presided over by Premier Wen Jiabao, on Wednesday.
First-home buyers must pay no less than 30 percent of the the property price if the area is above 90 square meters, the statement said.
The government was stepping up the introduction of tax policies to influence purchases and adjust property investment returns, said the statement.
Nationwide, land use for the construction of low-income housing, shanty town renovation and small and medium-sized homes (below 90 square meters) should account for at least 70 percent of the land approved for property development, the statement said.
It also urged local authorities to accelerate housing construction approvals to ensure effective land supply, and crack down on land hoarding and speculatory behavior.
👇
China attempts to deflate its unstable property bubble
China is to spend $200bn on low-cost homes as part of a series of measures to slow the rapidly rising prices of urban houses
Tania Branigan in Beijing
Wed 9 Mar 2011 19.24 GMT
Chinese officials are blaming speculators for soaring property prices and are vowing to build 36m affordable homes over the next five years. There are already widespread concerns about China's booming property market and the threat it poses to the country's expanding economy.
China would spend nearly $200bn (£123bn) on an affordable homes and social housing scheme, said deputy housing minister Qi Ji in Beijing .
The pledge came a few days after premier Wen Jiabao promised to "resolutely" curb speculation to tackle excessively rapid price increases
The authorities have taken various steps since spring last year to dampen the property market. These include raising interest rates, increasing the minimum downpayment required on second homes and restricting the rights of foreigners to buy property. Two Chinese cities are now imposing sales tax on property deals.
While the measures have slowed growth, many fear it remains too high. In March 2010, urban housing prices shot up by 11.7% year-on-year, according to figures from the national bureau of statistics. December saw the lowest increase in more than a year, but it still stood at 6.4%.
The Guardian
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@rogerfroud300
Baidu the company the Chinese Government partnered Tesla with????
As of Q3 2022 has already done 1.4 million paid robotaxi rides
As of Q3 2023 4.1 million paid robotaxi rides
The Chinese Government has saved Musk and his Tesla company again
👇
Baidu starts offering nighttime driverless taxis
December 26, 2022
Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel.
Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city.
The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution.
In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates.
In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year.
Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3.
TC
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Baidu starts offering nighttime driverless taxis
December 26, 2022
Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel.
Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city.
The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution.
In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates.
In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year.
Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3.
TC
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I believe as long as Chinese FSD data does not make it to the USA. From what I understand Tesla has FSD data stored in China
But then Baidu is ahead anyways
There probably is an agreement this data/algorithms won’t be transferred over to the USA
👇
Baidu starts offering nighttime driverless taxis
December 26, 2022
Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel.
Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city.
The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution.
In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates.
In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year.
Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3.
TC
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@wkrp10splayer19
Ummm
Apparently Musk went to China to get that Chinese FSD data stored there by Tesla since 2021
The Chinese probably said no we can’t allow that Chinese data to go to the USA so you can type up some algorithms
But we will allow you to team up with Baidu, who are already way ahead of you anyways
This will help you compete in China vs Chinese EV makers
👇
Baidu starts offering nighttime driverless taxis
December 26, 2022
Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel.
Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city.
The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people.
Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution.
In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates.
In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year.
Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3.
TC
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Baidu the company the Chinese Government partnered Tesla with????
As of Q3 2022 has already done 1.4 million paid robotaxi rides
As of Q3 2023 4.1 million paid robotaxi rides
The Chinese Government has saved Musk and his Tesla company again
👇
Baidu starts offering nighttime driverless taxis
December 26, 2022
Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel.
Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city.
The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution.
In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates.
In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year.
Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3.
TC
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If China booted out those US companies that would crash the US economy
What most people don’t get?
Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA
Where Chinese companies mostly trade with their Belt and Road country partners these days
These US multinationals are the ones sending you that junk
These US multinationals are still using the same highly polluting labour intensive factories formula.
As they were using more and more illegal labour smuggled in from South East Asia.
Or more and more automation in their wholly owned factories in China these days
These are the same companies who got those trump Corporate tax cuts you for sure cheered about
Same companies based in China who derived 392 billion in sales into the Chinese domestic markets in 2018 when trump started his trade war
Same companies averaging 20 to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions
Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war
Same companies whose HQ is in a North American city you can easily go stand outside and protest at….
Why didn’t China pull the nuclear trade option and boot these US companies you might ask?
They don’t believe in a zero sum game type of thinking
As I can show you during the trade war.
China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them
👇
Trump’s ‘trade war’ with China won’t be so easy to win
Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position.
China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD).
Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie.
But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets – many embraced by the Belt and Road initiative – where China has succeeded in building a hi-tech, high-value brand reputation.
As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta)
SCMP
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@Alopen-xb1rb
No the real problem is the world cried about climate change and China being the worlds biggest polluter
Now it cries about overcapacity in China
Maybe our richer G7/EU should be spending the money instead of complaining
Btw if you haven’t noticed Even though their Central Government is cracking down in real estate speculation
Slowing down the economy?
The Chinese people have added 2.6 trillion to their savings in 2022
And 1.8 trillion to their savings for first 10 months of 2023
The Chinese Government is actually pushing their people away from investing in real estate, and to invest in technology/industries instead. (What’s 4 houses vs 5
This is where China leads the world in 37 of the 44 critical technologies of the future already
As they will pile even more money into these future technologies
My prediction is the Chinese Government will have to step in and regulate yet another overheated sector (technology) in the future
Where Blinken,Yellen & their successors will have to keep going to China to beg them not to dump their cheap high tech onto the rest of world
Most people have no clue what’s coming, as they supercharge their exports with their new innovative high tech products
👇
JANUARY 30, 2023
3 MIN READ
China Invests $546 Billion in Clean Energy, Far Surpassing the U.S.
China accounted for nearly half of the world's low-carbon spending in 2022, which could challenge U.S. efforts to bolster domestic clean energy manufacturing
Nearly half of the world's low-carbon spending took place in China, according to a recent analysis from market research firm BloombergNEF.
The country spent $546 billion in 2022 on investments that included solar and wind energy, electric vehicles and batteries.
Scientific American
👇
Analysis: Clean energy was top driver of China’s economic growth in 2023
Other key findings of the analysis include:
Clean-energy investment rose 40% year-on-year to 6.3tn yuan ($890bn), with the growth accounting for all of the investment growth across the Chinese economy in 2023.
China’s $890bn investment in clean-energy sectors is almost as large as total global investments in fossil fuel supply in 2023 – and similar to the GDP of Switzerland or Turkey.
Including the value of production, clean-energy sectors contributed 11.4tn yuan ($1.6tn) to the Chinese economy in 2023, up 30% year-on-year.
Clean-energy sectors, as a result, were the largest driver of China’ economic growth overall, accounting for 40% of the expansion of GDP in 2023.
Without the growth from clean-energy sectors, China’s GDP would have missed the government’s growth target of “around 5%”, rising by only 3.0%
CarbonBrief
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Baidu the company the Chinese Government partnered Tesla with????
As of Q3 2022 has already done 1.4 million paid robotaxi rides
As of Q3 2023 4.1 million paid robotaxi rides
you really have to dig into multiple western media articles to gleen this real information… rather than Tesla is going there to introduce robotaxis
To me sounds like instead of Tesla FSD they will export Baidu Robotaxis App in Tesla vehicles
👇
Baidu starts offering nighttime driverless taxis
December 26, 2022
Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel.
Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city.
The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution.
In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates.
In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year.
Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3.
TC
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@davidsoom1551
Since the launch of its fully driverless robotaxi service in Wuhan in August 2022, Baidu Apollo says it has experienced exponential growth in the number of vehicles, area of operation and user coverage in the city. Baidu’s fleet of fully driverless robotaxis operating in Wuhan has increased to 300, a significant growth from just five vehicles a year ago.
Apollo Go has also achieved its longest one-way service distance in Wuhan, reaching 95km. Apollo Go’s area of operation has also been expanded from 100km2 to 1,100km2, covering four million potential users.
“Over the past year, one of the most significant developments in the intelligent vehicle sector has been the successful implementation of autonomous driving on China’s complex urban roads,” commented Li Zhenyu, senior corporate vice president of Baidu and general manager of Intelligent Driving Group (IDG). “Since the launch of its autonomous ride-hailing service in Wuhan, Baidu has initiated operations across multiple areas in the city within less than a year, including Jingkai, Hanyang, Dongxihu and Qiaokou. The company also managed to expand its driverless car service to cover Wuhan Tianhe International Airport, becoming China’s first to offer driverless airport rides.”
The expansion of its service area and the increase in fleet size have been accompanied by an increase in operational efficiency, leading to continuous cost reduction per vehicle per kilometer, according to the company. At the same time, Apollo Go has seen a significant increase in both average daily order volume and revenue per order.
Meanwhile, Zhang Yaqin, a member of the Chinese Academy of Engineering and the Dean of Tsinghua University’s Institute of Intelligent Industry, has commended the safety of Baidu’s autonomous driving: “Baidu’s autonomous driving safety testing has surpassed 70 million kilometers, and in comparison to human driving, there has been a remarkable improvement in safety, from being three times safer to nearly 10 times safer.”
Apollo Go had provided over 3.3 million rides to the public as of June 30, 2023.
Autonomous Vehicle International
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@profounddamas
How long do electric car batteries last? What 6,300 electric vehicles tell us about EV battery life
Last updated on May 31, 2024
How long do EV batteries last?
According to research from Geotab, the simple answer is that if the observed EV battery degradation rates are maintained, the vast majority of batteries will outlast the usable life of the vehicle and will never need to be replaced.
Based on data from over 6,000 electric vehicles, spanning all the major makes and models, Geotab finds that EV batteries are exhibiting high levels of sustained health. Across all vehicles, on average, an EV battery degrades at 2.3% per year.
Do electric car batteries wear out? Of course, like all batteries, they will eventually wear out, but in most cases, this will be long after the vehicle’s life-cycle is complete.
See also: To what degree does temperature impact EV range?
Do electric cars lose range over time?
Technically, yes. What this means for an electric vehicle’s range is, if you purchase an EV today with a 150-mile range, you would lose about 17 miles of accessible range after five years. This decline is not likely to have a significant impact on most drivers’ day-to-day needs, but it is a factor fleet managers will need to consider when it comes to maximizing the value of their EVs.
Importantly for consumers, car makers commonly offer a warranty on EV batteries for around eight years or 100,000 miles. This is the federal minimum in the United States and it varies by manufacturer and country. But by all accounts, electric car batteries should last much longer than that.
GeoTab
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@PelleGIT
What most people Americans like you don’t get?
Is it is mostly US multinationals making the lion share of those profits inflating the trade deficit between China to the USA
Where Chinese companies mostly trade with their Belt and Road country partners these days
These US multinationals are the ones sending you that junk
These US multinationals are still using the same highly polluting labour intensive factories formula.
As they were using more and more illegal labour in their Chinese factories, smuggled in from South East Asia.
Or more and more automation in their wholly owned factories in China these days
These are the same companies who got those trump Corporate tax cuts you for sure cheered about
Same companies based in China who derived 392 billion in sales of their goods and services into those Chinese domestic markets in 2018 when trump started his trade war
Same companies averaging 20% to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions
Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war
Same companies whose HQ is in a North American city you can easily go stand outside and protest at….
Why didn’t China pull the nuclear trade option and boot these US companies you might ask?
For one, it would crash the US Economy
And the Chinese don’t believe in a zero-sum game type of thinking
As I can show you during the trade war.
China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them
👇
Trump’s ‘trade war’ with China won’t be so easy to win
Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position.
China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD).
Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie.
But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets – many embraced by the Belt and Road initiative – where China has succeeded in building a hi-tech, high-value brand reputation.
As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta)
SCMP
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@PelleGIT no you don’t get it Chinese are trading with Countries who are growing in need of investment and goods and services
Our Western Governments like the USA and EU are in China making the most profits inflating those Chinese export figures to the USA/EU
and
Also selling their goods to the domestic Chinese consumers
What most people like you don’t get?
Is it is mostly US multinationals making the lion share of those profits inflating the trade deficit between China to the USA
Where Chinese companies mostly trade with their Belt and Road country partners these days
These US multinationals are the ones sending you that junk
These US multinationals are still using the same highly polluting labour intensive factories formula.
As they were using more and more illegal labour in their Chinese factories, smuggled in from South East Asia.
Or more and more automation in their wholly owned factories in China these days
These are the same companies who got those trump Corporate tax cuts you for sure cheered about
Same companies based in China who derived 392 billion in sales of their goods and services into those Chinese domestic markets in 2018 when trump started his trade war
Same companies averaging 20% to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions
Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war
Same companies whose HQ is in a North American city you can easily go stand outside and protest at….
Why didn’t China pull the nuclear trade option and boot these US companies you might ask?
For one, it would crash the US Economy
And the Chinese don’t believe in a zero-sum game type of thinking
As I can show you during the trade war.
China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them
👇
Trump’s ‘trade war’ with China won’t be so easy to win
Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position.
China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD).
Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie.
But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets – many embraced by the Belt and Road initiative – where China has succeeded in building a hi-tech, high-value brand reputation.
As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta)
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@PelleGIT technology from the west????
China leads in 37 of 44 critical technologies of the future
That’s how narrow minded we westerners are…. as we concentrate on the 7 technologies the Chinese are behind in conveniently overlooking the 37 technologies they lead the world in
Like Semiconductors where they are behind …. we require their lithography machines to be 100% homegrown
Which the Chinese have a 100% domestically made 28nm lithography machines that they can do that proprietary quadruple patterning
Yet the difference is that world leading Dutch ASML company, sources 85% of in the parts from around the world, that go into their lithography machines
While the Chinese lithography machines are 100% domestically made these days
Because that’s the criteria we imposed on them
Yet we view that they are behind
The Chinese had “virtually” no chip making ability/foundries 6 years ago
thanks to the USA who did the job for the Chinese
Where their Government was trying to get their people to switch to homegrown chips before the sanctions
These days they are producing chips at par with the rest of the world and only behind Taiwan in the most advanced Chips
And more importantly China is now expected to take over those legacy chip markets
If the USA was smarter instead of cutting off China from semiconductor chips and equipment for manufacturing
They should have themselves and their allies, lowered prices even more, and dump even more chips on China
Instead their idea was to force the hand of Chinese people at the time content with cheap imported chips.
Hope they could not innovate
When there is now a 7 volume 27 book series on what China invented first that says the world copied from them
And like I said China leads the world in 37 of the 44 critical technologies of the future 🙄
At one point China was importing over 300 billion in chips a year
Now they will probably be exporting around 200 billion dollars worth of their own homegrown chips per year, within the products they export
👇
How Close Is China to World Dominance in Legacy Semiconductors? 27-02-2024 | By Paul Whytock
* Bread and Butter Technology
Obviously, China would like to be a major player when it comes to high-end sophisticated semiconductor devices, but that doesn’t mean they are not interested in the bread-and-butter end of the market, particularly when it comes to legacy products.
In fact, they are very interested in the legacy market, and there are some very good reasons why.
Legacy devices make up a huge amount of global chip sales. Most chips manufactured today are not advanced chips but legacy chips, and around 71% of devices
* China's Aggressive Expansion in the Semiconductor Industry
In September 2023, Reuters reported that China was set to launch a new state-backed fund aimed at raising about €43bn to support its chip industry, and according to research analysts, the Rhodium Group, in less than ten years, China is expected to domestically add nearly as much 50–180nm wafer manufacturing capacity as the rest of the World.
The views of industry analysts and observers vary, but generally speaking, it’s thought that 22 wafer fabs are being built in the country, and there is an overall plan to create a total of 30 new wafer fabrication plants.
Many of these will concentrate on the production of legacy devices.
As for market share, industry intelligence gatherers
Trendforce believe China’s legacy chip manufacturing base could provide as much as 30% of the global demand for older devices.
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