A few people in the comments have been strongly requesting some anti Musk and Tesla article. Here is a summary of the problems that Musk, Tesla, Space X and Twitter have had in 2022 and problems they can have in 2023. Full disclosure, I own shares in Tesla and SpaceX. So this will be a …
FreightWaves claims to be the most trusted provider of global supply chain market intelligence. They provide data on Semi truck load capacity. Big rigs are limited by federal regulation to a maximum loaded weight of 80,000 pounds including cargo. The type and weight of the truck when empty changes how much can be carried. Generally …
The Global Large and Semi truck market is 4 million trucks per year. From 2016 to 2020, China’s heavy truck sales surged from 728,000 units to 1,617,000 units, hitting new records for the consecutive four years. In 2021, a combination of factors such as sluggish freight market and demand overdraft led to an annualized 14.1% …
I had previously said that China’s purchasing power parity GDP was likely 30% higher than official numbers. However, purchasing power parity strength does not mean the country would or should do better with a stronger currency. The country has to import 10 million barrels per day in oil. The previous article notes the exchange rate …
China has been the factory for the world for the past two to three decades but President Xi has made China too risky for business. There is potential for societal unrest in China with mass protests over Covid Zero and other policies. If you are maintaining a factory in China, you would want that factory …
Contemporary Amperex Technology Co. Ltd. (CATL) plans to start mass production of its sodium-ion batteries in 2023. CATL has setup a large supply chain for the batteries and has entered negotiations with some carmakers about their use. Sodium-ion batteries have sodium-ion batteries have already been commercialized in e-bikes and energy storage. Sodium is 2.3% of …
China’s GDP in 2021 was 114 trillion yuan and in 2022 the yuan has weakened against the US dollar. The yuan is now 7.12 to 1 US dollar. China’s nominal GDP is now 16.0 trillion instead of 17.7 trillion last year. It was 115 yen to 1 US dollar at the end of 2021. It …
BYD sold 200,973 hybrid and electric cars in September, 2022. They sold 94,941 battery electric vehicle in September, 2022 up 161.5 percent from 36,306 units in Sept, 2021. BYD sold 106,032 units Plug-in hybrid vehicles (PHEVs) in Spetember, 2022 which is up 214.49 percent from 33,716 units in the same period last year. The BYD …
The global capacity of lithium-ion battery gigafactories is set to surpass seven terawatt hours (TWh) by 2031, according to Benchmark’s Gigafactory Assessment. This milestone comes just four months after the ten-year pipeline exceeded six TWh in April. Over half of the global capacity is 2031 is controlled by just nine companies. China is set to …
Long time readers of Nextbigfuture know that I have been optimistic about China’s economy for well over two decades. Those were correct and accurate tracking and forecasts. There would be complaints that tracking the situation every few months was boosterism for China. Well the change has happened. China’s economy has basically stalled out. China’s economy …
