News   GLOBAL  |  Apr 02, 2020
 10K     0 
News   GLOBAL  |  Apr 01, 2020
 42K     0 
News   GLOBAL  |  Apr 01, 2020
 5.9K     0 

Was watching Al Gore TED Talk tonight.

Didn't realize In 2024, nearly half (approximately 47.9%) of new passenger cars sold in China were electric vehicles. It's over 50% in 2025 and expected to be 80% by 2030. They are moving away from gas powered vehicles quickly.

In Norway, 89% of all sales are ev.
 
Was watching Al Gore TED Talk tonight.

Didn't realize In 2024, nearly half (approximately 47.9%) of new passenger cars sold in China were electric vehicles. It's over 50% in 2025 and expected to be 80% by 2030. They are moving away from gas powered vehicles quickly.

In Norway, 89% of all sales are ev.
Chinese EV's would absolutely devastate the North American auto industry, as they have considerably more features and cost much less.

If I wasn't concerned already about auto manufacturers being able to remotely tamper with vehicles, I would say let them.
 
Keep Chinese EVs TF outta Canada.
Why is that? They're generally good vehicles, cost less than what we currently pay for most cars here and honestly, our auto industry needs a bit of a reality check and to not have a market reserve.
Not to mention that the Chinese tend to nationalize production if the market proves to be profitable, creating thousands of jobs. In Brazil alone (a numerically larger, but financially smaller market than Canada) they are investing about $10Bn USD between 2022 and 2026, creating around 12 thousand jobs directly, no to mention the many thousands more in the supply and the distribution/sales chain.
 
Why is that? They're generally good vehicles, cost less than what we currently pay for most cars here and honestly, our auto industry needs a bit of a reality check and to not have a market reserve.
Not to mention that the Chinese tend to nationalize production if the market proves to be profitable, creating thousands of jobs. In Brazil alone (a numerically larger, but financially smaller market than Canada) they are investing about $10Bn USD between 2022 and 2026, creating around 12 thousand jobs directly, no to mention the many thousands more in the supply and the distribution/sales chain.
Some level of protection of local industries seems wise since we know the government in China is willing to use trade and investment as weapons to achieve political goals. I would think there has to be a happy medium between fully protecting lazy manufacturers and throwing the doors wide open to a political adversary.
 
Some level of protection of local industries seems wise since we know the government in China is willing to use trade and investment as weapons to achieve political goals. I would think there has to be a happy medium between fully protecting lazy manufacturers and throwing the doors wide open to a political adversary.

One thing that is very impressive and encouraging for the future of EVs is that their vehicles in China apparently fully charge up in about 5 minutes. North America is nowhere near that right now. That's pretty close to filling up your tank with gas.
 
Last edited:
One thing that is very impressive and encouraging for the future of EVs is that their vehicles in China apparently fully charge up in about 5 minutes. North America is nowhere that right now. That's pretty close to filling up your tank with gas.
I would take that with a grain of salt. While I'm sure some of their EV systems are theoretically capable of charging fully in 5 minutes, how likely is it that a home/charging station has the necessary electrical infrastructure to provide that sort of voltage in the first place? Existing NA market EVs already often require retrofitting home electrical panels, and they take quite a lot longer than 5 minutes to charge.
 
I would take that with a grain of salt. While I'm sure some of their EV systems are theoretically capable of charging fully in 5 minutes, how likely is it that a home/charging station has the necessary electrical infrastructure to provide that sort of voltage in the first place? Existing NA market EVs already often require retrofitting home electrical panels, and they take quite a lot longer than 5 minutes to charge.

In China they are clearly (not theoretically) at a different level of EV progression.
 
I would take that with a grain of salt. While I'm sure some of their EV systems are theoretically capable of charging fully in 5 minutes, how likely is it that a home/charging station has the necessary electrical infrastructure to provide that sort of voltage in the first place? Existing NA market EVs already often require retrofitting home electrical panels, and they take quite a lot longer than 5 minutes to charge.
Except charging at home doesn’t really need to be accomplished in 5 minutes. It’s only charging “on the road” where that’s advantageous. It’s also worth noting that any ability to charge at home is advantageous when compared to ICE vehicles that don’t allow you to do that at all.
 

Back
Top