Elon Musk recently tweeted that Tesla’s robotaxi will launch on 08/08/2024. This video is from 2022. China is so far ahead of Tesla and Musk in robotaxis and EVs. China is rapidly crushing US E.V. companies. The video below reveals China’s Baidu is already operating robotaxis in Wuhan.
China’s electric vehicle companies have grown rapidly in recent years, becoming major competitors for U.S. automakers like Tesla.
William Li, the CEO of NIO, said competition in the EV industry is “much fiercer” in China, the world’s largest market for EVs and for automobiles overall.
The fierce competition has spurred rapid development of the industry. According to Hong Kong-based Counterpoint Research, about one-quarter of passenger cars sold in China last year were all-electric or plug-in hybrid vehicles, compared with about 7% in the U.S.
“China is way ahead of the U.S. in terms of EV adoption,” said Soumen Mandal, a senior analyst for Counterpoint, based in Kolkata, India.
Faced with pressure at home, China’s EV makers are pursuing expansion abroad, especially in emerging markets. Last year, China’s exports of EVs increased 131.8% year on year to around 680,000 units, official data showed. Thanks in part to the surge in EV sales, China overtook Japan as the world’s top auto exporter in the first quarter of this year.
China’s growing EV shipments to Europe have vastly increased its share of the European market. Chinese manufacturers’ share of the Western European new EV passenger car market stood at 9.3 percent in the fourth quarter of 2023, an astonishing rise from 2019, when China’s share in the total European EV market only reached 0.5 percent.
Chinese industry leader BYD — a Shenzhen-based company whose name stands for “Build Your Dreams,” which is backed by U.S. investor Warren Buffett — now rivals Tesla as the world’s biggest seller of electric vehicles, including hybrids.
The Seagull, a subcompact hatchback BYD unveiled at the Shanghai auto show, is the cheapest EV in the world, at about $11,000, compared with $25,000 for a Toyota bZ4X and $40,000 for Tesla’s top-selling Model Y.
This article demonstrates how fast China is overtaking the U.S.A. in becoming the world’s leading superpower. Moreover, considering Taiwan’s dominance of the semi-conductor chip market and China’s dependence on microchips it is likely 2024 will see its takeover move on Taiwan. In October 2022, Biden dropped the hammer on China’s semiconductor industry by fully implementing a slew of tough controls on the export of American chip technology to China. This was a painful blow to Xi’s ambitions to rival the U.S. and only increased his need to take over Taiwan.
End times prophecies of wars and rumors of wars are playing out across the world and a possible China and Russia alliance is possible. Jesus said not to be alarmed when you see these things happening they are only the birth pangs.
No matter what wars and rumors of war are going on around us, our mission is the same, and it just so happens that the mission is what Jesus says is a reliable predictor of the end times.
“And this gospel of the kingdom will be proclaimed throughout the whole world as a testimony to all nations, and then the end will come” Matthew 24:14