visiting Beijing auto show:
ICE age is over in china, there was so many EV’s on display.
Saw about 20 Chinese cars similar than Tesla Y or 3, the competition is here in China and Tesla is the reference.
Chinese customers want EV with style, comfort and good software.
Chinese booths were so packed that lines were created on the alleys to get in. EV sale will slow down?
Picture of xiaomi booth (a phone maker that start making cars)
Foreign auto makers market share and profit will shrink fast. German cars feel outdated and outnumbered (picture of WV booth).
Safety is important in China, the traffic is dense and with a lot of 2 or 3 wheelers in bike lanes at each intersection, making a turn right or left challenging. If FSD can make the turns naturally Tesla will sale cars with FSD.
Due to competition, Tesla will lose market share in China but should see growth as the China EV market expand rapidly .
This YouTube video gives an idea of the number of brands (has some subtitle with range and prices), click on the video description to see the brands links.