{"id":1563,"date":"2019-11-21T14:09:45","date_gmt":"2019-11-21T12:09:45","guid":{"rendered":"http:\/\/www.liberalglobe.com\/?p=1563"},"modified":"2019-11-21T14:09:47","modified_gmt":"2019-11-21T12:09:47","slug":"chinas-comparative-advantage-over-the-us-and-the-eu-in-electric-power-driven-transport-vehicles","status":"publish","type":"post","link":"https:\/\/www.liberalglobe.com\/?p=1563","title":{"rendered":"China’s comparative advantage over the US and the EU in electric power-driven transport vehicles"},"content":{"rendered":"\n

During the last decade in China, huge investments have been made by the\nChinese government in the field of public bus electrification, taxis and private-use\ncars, leading China to pioneer today technological in the field of electric\npowered batteries, infrastructure and sales of all types of electric vehicles.<\/p>\n\n\n\n

More than 400000 electric buses are currently circulating throughout China,\ncovering 98% of urban transport needs, when in the EU there are 2400, USA 700,\nUK 377, India 400 and in the rest of the world 800 respectively.<\/p>\n\n\n\n

by Thanos S. Chonthrogiannis<\/strong><\/p>\n\n\n\n

\u00a9The law of intellectual property is prohibited in any way unlawful use\/appropriation of this article, with heavy civil and criminal penalties for the infringer.<\/em><\/p>\n\n\n\n

\"\"
A BYD made Bus<\/strong>
Photo by Spielvogel, CC0<\/a><\/figcaption><\/figure><\/div>\n\n\n\n

The basis of this amazing Chinese technological progress<\/strong><\/strong><\/p>\n\n\n\n

China’s technological advances in this field were achieved due to the\nutilization as a basis for developing a Chinese multinational company named\nBuild -Your -Dreams (BYD) based in Shenzhen. The company itself initially\nstarted in 1995 as a battery company, and in its course, it was strengthened\nthanks to the brave and powerful subsidies from the Chinese government.<\/p>\n\n\n\n

BYD Company in 2003 entered in the automotive sector. It currently employs\n220000 employees and cooperates with Daimler AG and Mitsubishi Motors. It\nproduces the Denza car, while it specializes in the production of cars, trucks,\nbuses and lifting mechanisms based on both the internal combustion engines and\nthe electric drive. At the same time, it produces hybrid models that they\ncombine the internal combustion engines with the electric drive. <\/p>\n\n\n\n

The world’s largest car market<\/strong><\/strong><\/p>\n\n\n\n

China is now the world’s largest market in conventional vehicles. At\npresent, electric vehicles cover 4% of the total market, while the Chinese\ngovernment has set a target of reaching 50% by 2025.<\/p>\n\n\n\n

The Chinese government in its effort to limit the export of foreign currency\nto the car market, with a view to the Chinese automakers gaining an ever\ngreater percentage of this target set for the replacement of conventional\nvehicles in the Chinese car market, has produced a series of measures in this\ndirection.<\/p>\n\n\n\n

In particular, it subsidies with a high amount the purchase of electric\nvehicles through the reimbursement of excise duty, while delaying and having\nmade expensive the handling of the registration license of conventional\nvehicles within the country. The aim is to facilitate the development of the\nnew industry of electric vehicles.<\/p>\n\n\n\n

The weakness of European automakers<\/strong><\/strong><\/p>\n\n\n\n

Chinese electric powered cars have begun to be exported to the demanding\nEuropean market. The small electric cars of European construction are sold at a\nprice close to \u20ac30000. The European electric SUV will be available with a\nselling price of around \u20ac50000, while the model of the American company Tesla\nis sold close to \u20ac100000 in the EU.<\/p>\n\n\n\n

At the same time the electric SUV U5 of the Chinese company Aiways will be\nplaced on the EU market at a cost of \u20ac25000!!!!<\/p>\n\n\n\n

Even if the European automakers wanted to produce electric cars in bulk in\norder to shed their cost of production and of course their selling price, there\nare no basic infrastructure number (charging points) in EU member countries to\nfacilitate the shift of the consumers towards the purchase of such electrically\npowered vehicles.<\/p>\n\n\n\n

Member countries such as Germany, France, Poland, Spain and Italy should\nhave already created more than 100000 charging points on their territory to\ntrigger mass production of electrically powered cars of European construction\nfrom the European car manufacturers.<\/p>\n\n\n\n

The conversion of the EU and the US into Electrically powered vehicles<\/strong><\/strong><\/p>\n\n\n\n

To quickly pass both the US and the EU in the era of the mass use of\nelectrification, the whole process must be started from replacement of the\nbuses, the taxis and creating the appropriate infrastructure.<\/p>\n\n\n\n

If thousands of charging points are created both in the territory of each\nmember country and throughout the territory of the EU, and given the will of\nthe governments of the EU member countries and the respective US states, then\nit should be done and mass replacement of buses in urban transport.<\/p>\n\n\n\n

Certainly, the cost of obtaining an electric bus is twice as much as a\nconventional bus. This is due to the cost of batteries, which with current\ntechnology have a lifespan of seven-ten years, while the bodywork of electric\nbuses has a lifespan of around twelve years.<\/p>\n\n\n\n

But the fact that the orders of electric buses will be massive, this alone\nwill lead to lower cost of acquisition.<\/p>\n\n\n\n

For the proper operation of electric cars, large and strategically placed\ncharging areas are required. The prerequisite of all this is to make infrastructure\nprojects along the road axes to recharge these buses and since they will be\ncharged within two-three hours and have an autonomy of 200-250 kilometers. At\nthe same time, fiscal incentives and generous subsidies should be given to\nreplace the taxi fleet in both the EU and the US.<\/p>\n\n\n\n

It is not possible for the EU to boast of sustainable environmental and green development when it is not progressing rapidly to replace the bus and taxi fleet in its territory. In this type of green development direction, all citizens will be involved but will be perceived by all citizens as they will improve their quality of life by reducing air pollution and protecting their health.<\/p>\n","protected":false},"excerpt":{"rendered":"

During the last decade in China, huge investments have been made by the Chinese government in the field of public bus electrification, taxis and…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[620,946],"tags":[161,1257,1258,25,1256,70],"class_list":["post-1563","post","type-post","status-publish","format-standard","hentry","category-business","category-companies","tag-china","tag-electric-cars","tag-electric-power-driven-vehicles","tag-eu","tag-suv","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/posts\/1563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1563"}],"version-history":[{"count":1,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/posts\/1563\/revisions"}],"predecessor-version":[{"id":1565,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/posts\/1563\/revisions\/1565"}],"wp:attachment":[{"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}