China: Cadillac thinks Tesla got it wrong
ecomento
January 27, 2016
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Johan de Nysschen, head of GM’s Cadillac division, thinks Tesla is taking the wrong road by marketing a US made electric car in China. “Tesla is a very interesting brand,” de Nysschen tells Yahoo Finance, “but I don’t believe there has been any car company that has made a profit on EVs. I need to be profitable so I can prioritize EVs in the future. For now, we will focus on hybrid technology.”
China is aggressively supporting the development of what it calls “new energy vehicles,” defined as any car that does not rely solely on a conventional internal combustion engine. Hybrids, plug-in hybrids, and battery electric cars all qualify for Chinese purchase incentives and a host of other benefits.
In China’s crowded cities, anyone who buys a conventional car cannot register it immediately but must wait for a registration permit. That permit is assigned by lottery and it can take up to 5 years to get one. But people who purchase a new energy vehicle can get it registered and start driving it right away.
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China is in the midst of a massive program to expand its vehicle charging infrastructure. It says it will have the ability to charge 5,000,000 cars a day within a few years.
But the Chinese charging network is reserved mostly for cars built in China. Tesla has been scrambling to get permission for its owners to use the Chinese charging infrastructure, but currently must rely on its own limited number of Supercharger stations. Elon Musk admitted during an appearance in Hong Kong on January 25 that Tesla will build its cars in China within 2-3 years
DeNysschen thinks Cadillac has the right China strategy. It already builds cars in China in partnership with BAIC, one of the largest car manufacturers in the country. That means its cars avoid China’s hefty import duties. It also means they are perfectly compatible with and entitled to access the Chinese EV charging network.
Full post at the link above.
ecomento
January 27, 2016
Johan de Nysschen, head of GM’s Cadillac division, thinks Tesla is taking the wrong road by marketing a US made electric car in China. “Tesla is a very interesting brand,” de Nysschen tells Yahoo Finance, “but I don’t believe there has been any car company that has made a profit on EVs. I need to be profitable so I can prioritize EVs in the future. For now, we will focus on hybrid technology.”
China is aggressively supporting the development of what it calls “new energy vehicles,” defined as any car that does not rely solely on a conventional internal combustion engine. Hybrids, plug-in hybrids, and battery electric cars all qualify for Chinese purchase incentives and a host of other benefits.
In China’s crowded cities, anyone who buys a conventional car cannot register it immediately but must wait for a registration permit. That permit is assigned by lottery and it can take up to 5 years to get one. But people who purchase a new energy vehicle can get it registered and start driving it right away.
* * *
China is in the midst of a massive program to expand its vehicle charging infrastructure. It says it will have the ability to charge 5,000,000 cars a day within a few years.
But the Chinese charging network is reserved mostly for cars built in China. Tesla has been scrambling to get permission for its owners to use the Chinese charging infrastructure, but currently must rely on its own limited number of Supercharger stations. Elon Musk admitted during an appearance in Hong Kong on January 25 that Tesla will build its cars in China within 2-3 years
DeNysschen thinks Cadillac has the right China strategy. It already builds cars in China in partnership with BAIC, one of the largest car manufacturers in the country. That means its cars avoid China’s hefty import duties. It also means they are perfectly compatible with and entitled to access the Chinese EV charging network.
Full post at the link above.
