In public opinion, Republic of China or RRC is often regarded as a ‘big competitor’ to the United States auto industry for two main reasons. First, China surpasses the U.S. to become the world’s largest car market and it’s getting bigger (in the last year). Second, the government of China want directly go to the electric car and spent the past gasoline ICE or internal combustion engine. According to the experts in China’s electric vehicle markets, China is far more likely to become partners rather than competitors in building the future of electric cars.
Maybe some of us will ask why China want cooperate with the United States to produce electric cars. Simply put this country desperate for change that quickly. Roland Hwang, the Manager of Transportation Program at the Natural Resource Defense Council said, “This country has a major problem and needs a big solution. Their current path is not sustainable.” In 2030 – The issues including air quality bleak and needs to import as much as eighty percent of their oil for a car. Roland Hwang and other China’s experts discussed and electricity in the car the car last week, Electricity 2.0 a cleantech Berkeley-Stanford Conference, in S.F.
Currently, China needs but has to challenges the major to achieve electrical cars goal. It’s talking about 5 or 10 years being the world in automotive quality, safety, and technology. And almost all of Chinese shoppers is not able to pay five thousand dollars or so premium price of electric cars.
The Rewards and Risks
Would United States companies get more opportunity? Jit Bhattacharya, the Mission Motors’ CEO, said that the company’s phone rang from the association with the companies from China who seek help with what is running on electric power, from scooters and cars, to garden and lawn equipment. The produsen of Mission Motors produces $ 68,000- 150-mph electric motorcycle in California, but has shifted much of its attempt to sell the technology of electric-powertrain. “Chinese Company contacted us and said we do not know how we will get this learning curve fast enough to really get a car to market within 3 or 4 years into the future.”
Roland Hwang stuck vehicle market is currently China’s electricity, most electric bike, around 100 million. His said that no one can count or predict on China to be great players in the electric car market. Hwang believe that China will be big part of electric car market, as suppliers, consumers, or battery manufacturers.
United States startup companies have a big opportunity to cooperate with manufacturers from China, the scale of their business, and bring home the technology. Major U.S. and Japanese automakers produce electric cars would also like to penetrate the market of China, while companies from China, such as Geely and BYD, trying to bring their electric cars to the North American market. This is an inter-related market.
Opportunities for companies large and small alike are not w.o risk, according to panelists Marc Gottschalk, at Wilson Sonsini Goodrich and Rosati’s partner. Investment firm has several clients of electric cars, including the Tesla and Mission Motors. Gottschalk said that there is a struggle but the company wants to get benefit of that huge Chinese’s market. He added that there is also a feeling that they have a desire to do anything you possibly can do to prevent yourself from having the stolen of technology and sold and used it against you in the next time.
General Purpose
According to Roland Hwang, one of the first things the newly appointed U.S. Department of Energy to do is to make a forum for the United States and China to discuss common challenges their electric vehicles. Hwang said that the basic idea is that United States and China, the two of the world’s largest car market, will forge along with the market for electric vehicles. There are many of economies of scale, synergies, and many benefits down the learning curve together.
Source: HybridCars.com
Anohter articles by Johan Young that you may be interested in reading: BMW X6, Ferrari Hybrid, Audi Q7, Nissan Altima Hybrid, Toyota Corolla, Prius Minivan, and Electric Car Battery Cost.
