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China Opens Door For Tesla and Other Foreign Automakers To Produce Electric Vehicles (electrek.co)
Despite its strong protectionism laws in place that require any automaker wanting to establish production capacity in the country to partner and share its technology with a local manufacturer, China is proposing to relax laws. In an attempt to accelerate electric vehicle production in the country and fight its air pollution problem, China is now proposing to relax those laws for what they call "new energy vehicles," a.k.a. electric vehicles, in order to attract more foreign investments. From a report: The new rules are expected to open the door to Tesla and other automakers who recently expressed desires to establish manufacturing capacity in China to produce electric vehicles. The National Development and Reform Commission and the Ministry of Commerce released the new policy last week, and it is seeking public comment until next month. The new rules could go into effect soon after.
China wants free IP, and even next quarter myopic CEOs no longer falling for "partner and share" scam.
They are strangling on their own fumes and are desperate for immediate solutions they don't have time to steal.
>China has strong protectionism laws in place
Why do people keep complaining about Trump's trade stance?
China does not want to be locked out so they are dropping the partner and share its technology and are willing to be open to more out side stuff. They don't want an trade war.
They'll have their own "internally developed" electric cars out within 5 years and then our companies will be forced out of the market.
Well, China is using protectionism quite successfully to employ their people and give an advantage to their country. I thought it didn't work! Now they're "relaxing" the law. Of course, there are no specifics, and Chinese laws are notorious for being interpreted on the spot by local officials. Five cities have five different ways of implementing the exact same law.
I guess it's just weird for me, as an American, to see a national government helping its people. Even if it's with a non-working idea like protectionism. I'm just used to, for example, being told by our First Lady that she had never been proud of our country, and she has lost all hope in our country. I just assume without thinking that every government in the world is like this. It's a shock to the system to see a government like China's appear to actually make moves to benefit their own people.
Shutting down free speech with violence isn't fighting fascism. It IS fascism!
Even if the official technology transfers aren't required, no doubt there will be Chinese spies from the government or the private sector to steal technology. And just look at all the partnership cars manufactured in China. They are complete crap. I understand getting your feet in the emerging market but not at the expense of damaging the reputation of your brand.
But I do admire China in that they are one of the few countries who can ban non-electric cars overnight and get away with it.
How soon before China infects the firmware without Tesla even being aware of it?
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
Seriously. When are companies going to learn.
This should be a non-starter. Has no one learned from the lessons of Boeing and countless others?
Seems like a homegrown auto manufacturer should start there.
Trump promises tax relief for companies that stay in USA.
And now Tesla whom is ramping up its production in its Megafactory suddenly want to maybe build a factory in China?
I bet in a few months/weeks/days that Trump will claim that he has saved jobs from going to China and he created those jobs that Tesla would create anyway.
It's a Trap!
Run away!
Just ask
* high-speed rail makers
* cablecar makers
* networking equipment makers
* Qualcom
Run away!
where ever he builds will be sell out. No sense allowing China to wipe them out.
I prefer the "u" in honour as it seems to be missing these days.
Would this be the same intelligence folks that told us during the cold war that the USSR had better and more thermonuclear bombs than the US did?
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.
Musk has given up IP/patents pertaining to EVs. He is not giving up manufacturing IP, which is what he is loaded with.
I prefer the "u" in honour as it seems to be missing these days.
The pollution is from electricity plants since they run 85-88% coal ( and not 75 like one part of gov claims ). EVs are actually going to make things worse on pollution, but allow them to massively oil imports.
I prefer the "u" in honour as it seems to be missing these days.
Tesla's said it won't enforce its patents so Chinese EV can already use Tesla technology, but I'm sure Tesla has a lot of manufacturing know how that the Chinese would like to understand. Anyway, Elon Musk said that he would be a manufacturing facility in China and Europe.
America has been more or less following "economic theory" for decades now. The current state of the country is a result of that policy. The people elected Trump because the status quo was not working. The people have rejected you and your economic theory, the message is: shove it up your ass.
They'll manufacture non-critical components and assemble the cars in China while producing all the cutting edge components somewhere else
I wonder if anyone still trust CHINA. Lots of evidence shows CHINA government have the worse reputation in every category, protectionism is one of the small obstacle ahead, real businessmen will know CHINA government can interpret the law according to their direction, you're loser no matter how strong you're (e.g. Apple, New Balance). Apple losing the court case in China, being accused "copy" a China firm's mobile phone, it's so absurd and really tell you how ridiculous the China law.
Hong Kong - International Joke Center (after 1997-06-30)
Sure, Musk just chooses to build Teslas badly and inefficiently because he likes that better...
Please come to China and partner with us...until we steal your technology and kick you out of country...
My personal opinion:
Tesla could learn the very hard lesson learned by Intel, Boeing, Craftsman and many others: in China there is no such thing as Intellectual Property. That part of "rule of law" has irrelevant enforcement in either China or India. If you move there, it will take a year, possibly two, and then a local company will "surprisingly invent" your exact product. The thousands or tens of thousands of man-hours of research or engineering will be undercut in the Chinese and global market by lower quality copy-cat products being sold at 1/7 the price.
Mr. Musk, if you value your IP - if you have done great and amazing technical things, and you don't want it walking out your door and into your competitors production facility, then you might want to think twice, and think twice again, before establishing manufacturing there. Do your homework.
About China and Kawasaki Heavy Industries high speed train technology transfer and global export agreement.
and yet, tesla is the top rated car going according to CR.
I prefer the "u" in honour as it seems to be missing these days.