
Originally Posted by
HyperMiler
You do not seem to understand that China is not like Japan or Korea at all. In China where 73% of auto sales are by foreign brands, worse than it is in the US. The foreign automakers have the complete control of the market above $12,000, while Chinese compete among themselves in the market segment below $12,000. Even worse, the Chinese brands' market share is shrinking rapidly as Chinese consumers with more money to spend are shunning Chinese brand cars and are going for foreign brand models instead.
This is the reason why you haven't seen the tsunami of Chinese brand cars in the US and Europe, as Chinese brands are struggling to survive in their home market against foreign onslaught.
Beside, the safety of Chinese lithium iron phosphate batter is questionable, as evident by the recent spectacular explosion of a BYD E6 taxi upon a rear end collision by a GT-R in China.
Bookmarks