Musk There are only 10 car companies left in the world in the future, and Tesla and China will take

Mondo Cars Updated on 2024-01-31

Recently, the pattern of China's auto industry has attracted widespread attention, Tesla founder Elon Musk once again expressed his views on Chinese auto companies, believing that Chinese auto companies are very competitive, and ** the top ten automakers in the future may be dominated by Chinese car companies, including Tesla led by him, and Tesla will maintain its leading position.

Previously, the senior leaders of China's own brands have repeatedly expressed their views on the future of China's auto market, agreeing that only five domestic brands may survive in the future. Musk's statement seems to provide some confirmation for this view.

In terms of sales performance, BYD has now surpassed Tesla, with global deliveries reaching 1.87 million units in 2022, a year-on-year increase of 2046%。Tesla's global deliveries were 1.31 million vehicles, up 40% year-on-year. Although Tesla is still leading in terms of profit and total revenue, BYD, Li, Xpeng, Nezha, and traditional car companies such as Geely, Great Wall, and Changan have formed a joint force. The continuous strengthening of cooperative relations, such as the cooperation between Huawei and Changan, the cooperation between NIO and Changan, and Geely's expansion in the battery swap track, all show that Chinese car companies have shown a strong rising trend in the field of new energy, and are gradually suppressing European, American and Japanese car giants in the Chinese market.

China now has the world's most complete and advanced new energy vehicle industry chain, especially in the battery field. Chinese companies occupy 6 of the top 10 global EV battery installations, with a market share of more than 60%. The battery field covers the whole chain of basic materials, parts, vehicles, manufacturing equipment, etc., and provides about 70% of the world's cathode materials, 85% of the anode materials, 66% of the separators, 62% of the electrolyte and about 60% of the power batteries.

With the rapid development of Chinese automakers in terms of technological development, industrial chain integrity and market share, the competitive landscape is also evolving. In Musk's view, the achievements of China's electric vehicle industry deserve recognition and respect. It is not impossible that there may be only 10 car companies left in the future, and as the competition intensifies, it is likely that more car companies will be eliminated.

Overall, China's auto industry is undergoing remarkable changes, and Musk's praise for Chinese automakers shows his confidence in the Chinese market, while also bringing more attention and anticipation to the future of China's auto industry.

Related Pages