Land of the Giants The Global Race for EV Adoption
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Aug 30, 2023 The podcast discusses the differences in EV adoption between China and the US, Tesla's strategic move to China, the global race for EV adoption, and the government support for EVs in China compared to the US.
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Schilling's EV Choice
- James Schilling bought a NIO EC6 in Shanghai due to EV incentives.
- The battery swapping technology was a unique selling point.
Tesla's China Gambit
- Tesla's entry into China was a strategic move to boost production and profits.
- China offered Tesla unprecedented freedom and financial incentives.
Giga Shanghai's Impact
- Tesla's Gigafactory in Shanghai significantly increased production and profitability.
- Each car made in China has higher profit margins than those made in the US.