China EVs & More Episode #152 - January Sales (CNY effects), Evergrande, Didi + CATL, the Real Export Champ
Tu and Lei start the podcast out with some of their family traditions for Lunar New Year.
They then move onto unpacking January sales numbers and emphasizing the MoM comparisons not that important due to Lunar New Year being in January last year.
Tu anticipates what we should see in March and beyond depending on how panicked the OEMs will be coming out of the New Year break, likely around late February. The goal of course is to keep the metal moving at a brisk pace of course.
Tu and Lei then move over to the discussion about Evergrande, the Chinese real estate development company being forced into liquidation by a Hong Kong court and how that will affect Hengchi, their EV brand.
Tu then talks about the impact that could be felt from the just announced partnership between Didi and CATL.
The podcast closes with a brief clarification on export numbers and who the actual leader in global exports for passenger vehicles was in 2023.
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