In this article, I analyze the competitive landscape of electric vehicles in China, focusing on the Xpeng Mona M03 and others’ effect on the global auto market. About 3 years ago, I wrote about cars that seemed to be impressive before, like the. The sales of both have been disappointing to me.
It seems most PHEVs in China have an all-electric range of more than 100 km that makes them worth plugging in. I’ve owned a Ford C-Max Energi with 13 miles of electric range that was barely worth plugging in. It’s not the same.. I’ve know several people who bought PHEVs who just weren’t comfortable making that big of a step all at once. Once they own a PHEV and find they rarely need to go to the gas station and how much they enjoy that, they buy an EV as their next car.
This same dynamic spreads to significant markets like Mexico, Malaysia, Indonesia, Australia, Russia, South Korea, UK, and Japan which have low or no tariffs on Chinese vehicles. These automakers will export PHEVs to the markets with poor charging infrastructure and BEVs to the areas with sufficient chargers . Brazil and Saudi Arabia have low tariffs on Chinese vehicles, so those markets have some potential also.
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