China pins faith on electric cars and high-speed trains to revive slowing economy

Discussion in 'China' started by I_PLAY_BAD, Oct 6, 2015.

  1. I_PLAY_BAD

    I_PLAY_BAD Regular Member

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    Stop your BS.
    China is not dependent on Indian market alone.
    All Made in China products are not Chinese products. Know that first.
    Apple making products in China doesn't make it iPhone a Chinese product. You manufacture it as per your boss' specs.
    That is all you do. No special innovation or invention. West invents you manufacture it at low cost and help Westeners make big profits. That is the only thing you do. nothing more.

    So stop boasting about china's manufacturing ability. You are like robots. What they feed you , you do it as per your customer's specifications.

    I know about India's manufacturing capability and I am 'not' saying India is better than China in manufacturing.
    We have lot of works to do. But that doesn't make the Chinese gods.
    You are simply a robot doing things that were asked you to do.
    You don't innovate much and just copy. (reverse-engineer).
     
  2. I_PLAY_BAD

    I_PLAY_BAD Regular Member

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    Another fan boy comment.
    There have been many claims that china has very good presence in India.
    Nope. Chinese products are bought where there is no India products available for competition.
    If there is competition, then you can boast that Chinese product quality is better than India's. Till that no fan boy comments pls.
     
  3. I_PLAY_BAD

    I_PLAY_BAD Regular Member

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    @no smoking @nimo_cn

    Please don't forget that I created this thread to showcase China in a positive note.
    So that India can learn something from China.
    I think I must not derail this thread with China Vs India argument.

    Are you thinking the same ?
     
  4. amoy

    amoy Senior Member Senior Member

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    China Charging Past United States In Electric Vehicle Output

    Jake Spring, Reuters

    September 11, 2015

    BEIJING — China’s auto sales could be heading for a rare fall this year — except among electrics and plug-in hybrids, where sales have almost quadrupled so far in 2015.

    With a part-carrot, part-stick strategy of incentives and targets, Beijing is pushing car makers to develop battery electric cars, seeing this as its best shot at closing a competitive gap with global rivals who have a 100-year headstart in traditional combustion engines.

    Electric and plug-in hybrid car sales jumped 270 percent to 108,654 cars in January-August, the China Association of Automobile Manufacturers (CAAM) said on Thursday, and China is on track to overtake the United States as the world’s leading producer, making more than 130,000 such cars this year, according to consultancy LMC Automotive.

    The government has set a goal of annual production of 1 million new energy cars by 2020, though industry researcher IHS Automotive forecasts output then at nearer 791,000.


    Electric powertrains are simpler to develop, and driving a push to green cars fits President Xi Jinping’s policy goal of reducing pollution.

    With an eye on both big subsidies and looming fuel economy targets, automakers in China are earmarking at least 50 billion yuan ($7.86 billion) this year for developing and making “new energy” vehicles, a Chinese catch-all term for electric and highly electrified cars, data compiled by Reuters shows. That’s slightly more than what Ford Motor Co. will spend this year developing all of its new vehicles worldwide.

    “Some time ago, Xi Jinping explained it very well, saying that developing new energy vehicles is the Chinese auto industry’s only road to grow from being big to being strong,” Xu Heyi, chairman ofBeijing Automotive Group [BEJINS.UL] and a high-ranking Communist Party official, told reporters recently.

    As for the carrot: Drivers in Shanghai, for example, can save up to 182,600 yuan ($28,600) over a traditional gasoline-powered car, by taking advantage of free license plates for some green cars and other subsidies, according to official data and analysts’ estimates.

    However, Beijing said in April it would roll back subsidies faster than expected, and may now lean increasingly on fuel economy requirements that grow progressively stricter to 2020.

    The central government plans to roll out a California-style system that rewards manufacturers and drivers for going electric, while punishing those who rely on traditional gasoline cars, Beijing Auto’s Xu said in July.

    Chinese automakers are leading the charge to invest in green cars, with domestic brands such as Geely Automobile Holdings and Great Wall raising money in private share placements or building factories specifically earmarked for new-energy vehicles.

    Among foreign automakers, General Motors’ joint venture with SAIC Motor Corp. said in April it would invest 26.5 billion yuan ($4.1 billion) in new energy technologies and increased electrification by 2020. A spokeswoman said this was still on track.

    GM and SAIC’s other joint venture, with Wuling Motors Holdings, said last month it would build a $470 million new energy vehicle factory with 200,000-car capacity by 2017, though it did not specify whether the cars would be traditional hybrid, plug-in hybrid or full electric.

    While official data doesn’t break down market share for green cars, Chinese marques dominate the lists of top-selling electric and hybrid models.

    BYD leads the market with its Qin plug-in hybrid, while Beijing Auto subsidiary BAIC Motor Corp sells the leading full-electric car, the E-series, according to the China Passenger Car Association (CPCA).

    “Foreign carmakers don’t believe the technology is evolved,” said Yale Zhang, managing director atShanghai-based industry researcher Automotive Foresight. “They don’t think there’s enough demand for pure-electric vehicles.”

    Some foreign car markers are showing faith, however, in the long-term demand for electrified vehicles in China.

    Toyota is gearing to launch by the end of this year a lower-cost gasoline-electric hybrid, similar to itsPrius, which has been developed specifically for China.

    Tesla Motors spokesman Gary Tao said that the company was optimistic about the EV market inChina after it recorded rapid sales growth this year, contributing to a near doubling of sales in Asia-Pacific in the second quarter compared with the first three months of the year. He declined to give exact sales numbers.

    “Gradually people can be more knowledgeable about these EV cars and better accept EV cars, then the whole market could be ready for the mass market (EVs),” Tao said.

    “Quality and best-in-service will be a good base for the future of long-term development … more than volume at this stage.”

    https://www.yahoo.com/autos/china-charging-past-united-states-in-electric-128847811322.html


    ~~Still waters run deep. ~~from my MiPad using tapatalk
     
  5. no smoking

    no smoking Senior Member Senior Member

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    Well, the fact is Chinese exportation has been growing significantly every year since 1990s, which means your countrymen are buying more and more Chinese products at the cost of some other suppliers. Which suppliers do you think they are stepping away?

    Japanese/Korean? Highly unlikely since they are in different class.
    Westerner? no.
    The answer is: India product.

    http://www.businesstoday.in/magazin...s-hitting-india-msme-sector/story/203041.html
     
    Yumdoot likes this.
  6. amoy

    amoy Senior Member Senior Member

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    I think Chinese export is also growing at the cost of some Japanese European and American producers.

    Like in home appliances Japanese big names Panasonic, Sony Hitachi and Sharp even have gone to the extent of scaling back or entirely quitting TV manufacturing.

    Brands like Xiaomi and Huawei were almost unknown in smartphone years ago. Now u see, Motorola, Nokia and perhaps Blackberry and Alcatel all had a hard dive.

    So what do u mean by "in a different class? Lack of self confidence is never a virtue.

    ~~Still waters run deep. ~~from my MiPad using tapatalk
     
  7. ersakthivel

    ersakthivel Brilliance Senior Member

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    Was it true the global investors pulled out 100 billion dollar from china last month?

    Modi has secured foxconn investments in india, So china's grip in mobile exports will soon be a myth with indian brands like micromax, intex etc etc, entering global arena in a big way, India's inherent software strength will help in that mission.

    And Modi is giving very attractive terms to taiwanese and global core electronic manufacturers to set manufacturing units in india, Recently FOXCONN announced 5 billion dollar investment for manufacturing plant in maharastra.
     
  8. amoy

    amoy Senior Member Senior Member

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    Take it easy. Different phases of development, hence different emphasis. At a certain point East Asian economies of Japan and S.Korea were upgraded as more giver than taker previously so will China.

    China's outbound investment expected to exceed FDI in 2015
    http://www.chinadaily.com.cn/business/2014-09/17/content_18612608.htm

    Both the Silk Road initiative and CPEC are intended to promote outbound investment in pursuit of optimal use of the enormous forex rather than overly in the low-yield US T-bonds.



    ~~Still waters run deep. ~~from my MiPad using tapatalk
     
  9. amoy

    amoy Senior Member Senior Member

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    Chinese car maker awarded for battery technology at world energy summit

    [​IMG]

    Photo taken on Oct. 15, 2014 shows the "e6" taxis made by BYD, a Shenzhen based Chinese manufacturer of rechargeable batteries and automobiles, in Brussels, capital of Belgium. (Xinhua Photo)

    ABU DHABI, Jan. 18 (Xinhua) -- Chinese auto producer BYD Company won here on Monday the Zayed Future Energy Prize for its contribution to the development and production of environmentally friendly battery technology for electric cars.

    At the opening of the annual World Future Energy Summit 2016, Abu Dhabi Crown Prince and United Arab Emirates (UAE) Deputy Minister of Defense Sheikh Mohammed Bin Zayed Al-Nahyan handed the award to Wang Chuanfu, who founded BYD back in 1995 in Shenzhen, China's Guangdong province.

    BYD, which is an abbreviation for Build Your Dreams, is the world's largest rechargeable battery supplier and new energy vehicle manufacturer.

    In its quest to contribute to green energy, BYD came up with a more environmentally friendly battery technology which led to the development of the BYD Iron-Phosphate Battery.

    "The battery is fire-safe, completely recyclable and long-cycle solution that has become the core of the company's current clean energy platform of transportation and storage," according to the company's website. In China and abroad, around 160 cities started to use BYD electric buses and taxis.

    [​IMG]

    A model shows a BYDe6 electric car in Shenzhen, south China's Guangdong Province, Oct. 26, 2011. (Xinhua Photo)

    BYD is expanding operations in the solar power generation sector, as the third pillar of its strategy to build a zero emission energy ecosystem: from generation to storage to transportation.

    The annual Zayed Future Energy Prize was named after the UAE's first President Sheikh Zayed Bin Sultan Al-Nahyan, who founded the Gulf Arab state in 1971, and was first announced in 2008.

    The award is invented to honor schools, non-profit bodies, individuals, as well as small and large firms worldwide for their innovative solutions to creating a new, sustainable energy future.
     

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