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points by maxglute 11 hours ago | 0 comments

100s of models share a few standard platforms with like 80% parts commonality in the broader ecosystem. A subbrand from one of the giants with staying power is going to be fine, someone in PRC going to keep after market parts flowing forever, like they do for western brands. Of course whether this convenient/ubiquitous in reign like Europe depends on geopolitics, if EU going to make it hard for PRC producers then PRC producers going to have hard time with EU consumers, which arguably is the point. Really have to see what PRC plants in EU starts delivering, ultimately there's no reason for rest of EU to be dependant on German or French cars if they have Chinese cars at home.

[–] bobthepanda 11 hours ago

Chinese brands are all relatively young and even healthy looking major companies have a habit of spectacular sudden failure due to less good bookkeeping and auditing practices.

[–] maxglute 10 hours ago

SOEs are 50+ years old, legacy titans like BYD ~30+, older than Tesla. Tesla tier tech upstarts nio, xpeng, li ~10. But ultimately who cares, the big / influential players are arguably too big to fail by local gov standards whose going to keep going forever, or consolidate under players that can keep them going. The brands too small to survive aren't seriously exporting to the west anyway (like yes there's brand/marketting plays like hiphi which is basically vinfast tier). Car makers, especially ones with tech stack are not Luckin Coffee, if state/province wants to keep a strategic brand going forever, they will. Just like western auto pork barrel due to "excellent" financiered bookkeeping and auditing.

[–] bobthepanda 4 hours ago

Local gov can only prop up so long as they have money; and their balance sheets are strained due to ballooning debt funded by a deflated property bubble.