China’s Electric Vehicles a Reckoning for Tesla

05/25/23 • 24 min

China has become a global automotive powerhouse, with groundbreaking fleets of electric vehicles rewriting the rules of the road.

Its automakers have developed their own EV models with remarkable speed, catapulting brands such as BYD and Nio to unprecedented prominence, and raising the stakes for Tesla.

Its progress holds promise, but speed bumps lie ahead. How will China reshape the world’s driving experience? And will Americans ever drive Chinese cars?

Steve Man, director of industry research and senior automotive analyst with Bloomberg Intelligence, joins hosts John Lee and Tom Corbett for a look at what’s next for China’s automotive juggernaut.

See omnystudio.com/listener for privacy information.

China has become a global automotive powerhouse, with groundbreaking fleets of electric vehicles rewriting the rules of the road.

Its automakers have developed their own EV models with remarkable speed, catapulting brands such as BYD and Nio to unprecedented prominence, and raising the stakes for Tesla.

Its progress holds promise, but speed bumps lie ahead. How will China reshape the world’s driving experience? And will Americans ever drive Chinese cars?

See omnystudio.com/listener for privacy information.

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Asia Centric by Bloomberg Intelligence - China’s Electric Vehicles a Reckoning for Tesla

Transcript

Speaker 100:00:02.479

You're listening to Asia Centric from Bloomberg Intelligence, the podcast that pulls back the curtain no global business so you can invest better across the Pacific realm. I'm Tom Corbett in Hong Kong, and I'm John Lee. China has emerged as the world's global automotive powerhouse, spearheading the push for clean energy vehicles and re riding the rules of the road. It's homegrown brands have earned global appeals, shaking up markets with a sprawl