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China EVs - curb or skyline

Today I have built up my positions in the Chinese auto industry as follows:

$5k in SAIC Motor $600104

China will unfortunately shape the future of the auto industry massively and even overshadow our German icons into the shadows.

As soon as China gets the get the hang of ithow to build a brand like Mercedes, BMW or Rolls-Royce worldwide, it is only a matter of timeuntil they dominate the game.

3 Comentarios

sdp_oxigen@sdp_oxigen

I chose to enter the automotive China sector through the $489

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TradingHase@TradingHase

@sdp_oxigen In Germany, the brand is available from a single importer. There is still a lot of work to be done for Europe.

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TradingHase@TradingHase

The aforementioned players and BYD will also gain a foothold in Europe. Saic is also a multi-brand company that has development potential in Europe. However, it lacks a coherent sales concept, which is currently being rebuilt.
Xpeng is now starting to earn points in Germany with its excellent products.
Xiaomi is planning to make the leap into Europe and will probably position itself slightly above BYD and Xpeng in terms of price.

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