The Fully Charged Podcast What Happens Next?? Impact Of Tariffs, Robotaxi & BYD With Elliot Richards
Nov 11, 2024
Elliot Richards, an expert on the Chinese automotive industry, shares captivating insights on the evolving landscape of electric vehicles. He discusses the rise of BYD and its transformation from a small player to a market leader amid competitive pricing and tariffs. The conversation also touches on Tesla's unique positioning in China and the shifting consumer preferences towards local brands. Elliot provides a glimpse into China’s ambitious Made in China 2025 strategy, while exploring the future of autonomous vehicles and their impact on the transportation workforce.
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Recording in the MG Cyberster
- Robert Llewellyn and Elliot Richards recorded this podcast episode in an MG Cyberster.
- They discussed the car's features, including its electric scissor doors and regen capabilities.
Impact of US Tariffs
- US tariffs on Chinese EVs stifle innovation and reduce pressure on domestic automakers to electrify.
- This lack of competition limits consumer choices and delays the inevitable shift to EVs.
China's Economic Transformation
- Elliot Richards' in-laws experienced China's challenging times but later thrived after the country opened up.
- They started a successful business, highlighting the rapid economic transformation within a single generation.