China:EverywhereAllAtOnce
Jan25,2025
MassiveCapacity
globaldemandvehicle50%
global
demand
vehicle
oftotalglobal
oftotalglobalbatterydemand
Future.Electrics.Global.
ChinaProductionTowersOverAll
4.2M31Million15M10.5M8.5M
4.2M
VehicleProduction–2024
100%
75%
50%
25%
0%
China:ASprintToElectrics
53%
6%
202020222024
EVsas%ofSalesinChina
China:CollapseofGlobalBrands
64%
36%
2020
64%
36%
2024
GlobalBrands
China
Future.
Future.Electrics.Global.
7
7
WorldsNew#1CarExporter
2024exports:6,000,000
Future.Electrics.Global.
Ftutruer.eE.lcltercict
Ftutruer.eE.lcltercictcGsl.oalol.bal.
8
“Chinas
“Chinascrowded
marketisaracetothebottom.”
MaryBarra
CEO,GeneralMotors
“Theirproductissocompetitive,
includingthetariffs.”
TedOgawa
CEO,ToyotaNA
Howdidwegethere?
9Future.Electrics.Global.
9
ChinaAutoIndustryEvolution(1984-2024)
FromZeroCompetitionto“YouDie,ILive”Competition
1980199020002010201520202030
Big6State
Big6StateAutomakers
GlobalJointVentures
GlobalJointVentures
Big3
Big3PrivateAutomakers
Global
Globalbrandsruledfrom1985-2020.Chinesebrandsnowtakingover.
EVTechStartups
EVTechStartups
12Future.Electrics.Global.
12
TheMany,ManyDetroitsofChina
13Future.Electrics.Global.
13
WhoAreTheseGuys?
14Future.Electrics.Global.
14
15Future.Electrics.Global.
15
SayHellotoXiaomi
16Future.Electrics.Global.
16
17
17
China’s
Champion
2024NEVSales:4.27million
Seagull$9,650NowlargerthanFord,NissanandHonda
Seagull$9,650
Atto3$38,000
Atto3$38,000
Shark$45,000
Future.Electrics.Global.
China’sNextTop10
OGs
TechnoGangof5
Future.
Future.Electrics.Global.
WhatAreTheyMaking?
19Future.Electrics.Global.
19
LookingforVehiclesUnder