All EVs will be Made in China or by Chinese joint ventures

In the next couple of decades, all cars will be EV. This is the next industrial revolution when an obsolete technology hit the dust. ICE cars are no longer needed just like cassette tapes, floppy disks. ICE cars are difficult and expensive to make, consume too much fossil fuel, inefficient, unfriendly to the environment. It is old technology that would soon be relegated to the museum.

In the next few years, at most a decade, all EVs will be made in China or by Chinese companies in joint ventures in China or overseas. At this moment, only Tesla has a reasonable sales volume to survive but not for long. The rapid progress and innovation of Chinese EVs are putting Tesla far behind in the tech race. The numerous Chinese models, better, faster and cheaper are making Tesla cars looking like new antiques.

A Xiaomi YU7, with 310 hp, is selling only for US$14,000. How much is Tesla selling for its cheapest model that could not even come near to the YU7 in performance.  In the first 30 minutes of sales, it received 300,000 orders. How much would an ICE car cost with 310hp? There is no comparison.

A 503 hp MG Cyberster EV made in China outran an Aston Martin with more than 600hp by a mile in a drag race. The same Cyberster only lost to a Lamborghini Aventador Ultimae by a body length. And the Avantador costs a few millions against the less than US$200,000 MG. 

Xiaomi's SU7 used to hold the record for top speed clocked by a production car. But this has been overtaken by a BYD production supercar Yangwang U9 with a 3019 hp engine, beating almost anything available. And the top speed it clocked was a staggering 472kph!

Chinese EVs are beating everything in the market in quality, design, performance and price. And the Chinese are going upmarket to compete in the grand luxury market with several models from Nio, Xpeng, Hongqi, Zeekr etc etc against Rolls Royce, Maybach and other western brands.

All manufacturers of ICE cars would have to close shop very soon. They are just not good enough, and old technology that have become obsolete. As it is, many western brands EVs like Volvo, MG, Lotus etc etc are actually Chinese EVs. Going forward, China is not going to waste money buying up European brands that have gone broke.  China has created its own reputation to produce high quality EVs and can sell them using Chinese brands. And China has a near monopoly of all EV batteries. Practically all American or European EVs that could still sell are using Chinese batteries.

Chinese EVs are taking over the world and will be all over the world in double quick time. All cars are EVs and all EVs are Chinese made. Tesla may not last very long. Even if it survives, it will be a shadow of itself.