VWAPY - Power Shift: China's EV Market Impact On Western Brands And Some Trading Ideas

2023-05-15 08:00:00 ET

Summary

• China is the most important car market, about as big as the US and Europe combined. It is an essential market for several brands.
• EVs have a 25% market share of new Chinese sales, and, except Tesla, Western manufacturers play almost no role here.
• The more EVs are sold, the more market share Western companies will lose.
• At the same time, China itself is trying to become one of the leading exporters of cars and is penetrating more and more into Europe, but also into all other countries of the world.
• At the moment, the numbers indicate that it is going in this direction, and every investor in this area should be aware of these developments.

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