China and Electric Vehicles Flashcards
What country sells more electric cars in the world
China
how did government support electric vehicle industry in China
China has a long term orientation compared to the Western World
supports and subsidies were given long ago for producers
subsidies and grants were given as incentives to conumers
how many times over does China meet its lithium demand
2
prodced twoce as much lithium batteries
name some big companies in the electric vehicle industry in China
CATL (batteries)
BYD (cars)
what part of the electric vehicle value chain do China not dominate
Mining as they lack the natural resources
China is the world’s #1 Lithium producers but relies on foreign imports
China just refines the Lihtium
Where is lithium mostly mined
South America
Australia
Africa
Where does China focus getting their Lithium from
developing countries
How is China a reliable customer to the countries they buy lithium from
They are not just in the business of refining the Lithium but they also use it for production
Why are Chinese electric vehicles currently uncompetitive in US
US has high tariffs
how will China become more competitive in US EV market
get price of EV production so low that even with tariffs, prices will be cheaper than US EVs
American’s use cars a lot, everyone needs one, they all want affordable ones, which Chinese cars are
Why did China allow Tesla into the Chinese market without having to pair up with a local partner, like the other car companies have to
So China could get exposed to and learn from Tesla technologies
