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Sprintcyclist
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If you were wondering why Chinese electric vehicle manufacturers are dominating the electric vehicle production, here are a few reasons University Engineering graduates per year China 1.3- 1.6 million USA 120- 150 thousand Australia 12-22 thousand ,half of them from overseas China produces over 80% of the world's lithium batteries cells China refines and purifies 80% of the world's lithium and other minerals that go into battery cell production including cobalt, nickel, magnesium,and phosphate The battery in an electric vehicle is by far the single most expensive item in an electric vehicle China produces 70% of the world's steel ,steel is the commonly used material in the manufacture of cars China refines and purifies over 90% of the rare earth elements that are needed to make the magnets that are used in the production of electric motors and are used in small amounts in battery cell production Chinese supply chains are located locally usually within a 100 km radius Many of the Chinese electric vehicle manufacturers are extremely vertically integrated meaning that most of the parts that go into the vehicles are made in house Many use megacastings, a relatively new process to cast the front and rear of of the vehicles in one piece,a process developed by Tesla and IDRA Apart from Tesla, Chinese electric vehicle manufacturers have the largest % of robotic assemblers and automation in there facilities and factories that can work 24/7 The human labour force in Chinese electric vehicle manufacturers factories is kept to a minimum even though Chinese labour compared to Western labour is much cheaper, robotic assemblers and automation is cheaper and better than human labour Chinese engineers working in Chinese electric vehicle manufacturers never stop innovating and making improvements to there vehicles and adding new features BYD alone has 120,000 enginneers working on R and D research and development within its industry The Chinese Government has been right behind the world's transition to electric land transportation from the very beginning ,some of China's biggest electric vehicle manufacturers are state owned and operated BYD owns and operates 9 massive roll on roll off vehicle carrying ships used to export electric vehicles around the world, they can carry between 6,500 to 9,500 vehicles each and can do many trips per year There are about 80 million new vehicles made in a normal year although this year that number could drop to slightly This year China will make around 33 million vehicles which is significant potionof the world's vehicles, China mostly makes electric and could export close to 12 million this year. Forecast only According to Michael Dunne China exported 1,000,000 vehicles in 2020 12,000,000 vehicles in 2026 forecast I believe that electrification of all land transportation is inevitable and that the 10 biggest electric vehicles manufacturers in the world will be Tesla and 9 Chinese electric vehicle manufacturers in the coming years and that most legacy internal combustion engine vehicle manufacturers will become obsolete
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