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Ray4️⃣Tesla⚡️🚘☀️🔋
China is considering to phase out all ICE vehicles in 10 yrs. The proposed bill needs to be signed into law before it is official. If that happens, it’d mean much bigger opportunity for in China. Keep in mind 2018 🇨🇳 car sales totals 28 million. Tesla may need 2 or 3 GFs.
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Ray4️⃣Tesla⚡️🚘☀️🔋 Jan 6
Replying to @ray4tesla
Some local govts have already pushed out policies to restrict ICEers. In Shenzhen whichI recently visited, all diesel buses have been replaced by BYD E buses. Diddi ride hailing 🚗 are mostly EVs with some hybrids which will phase out soon. 🇨🇳 market is is big enough for 2-3 GFs
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Ray4️⃣Tesla⚡️🚘☀️🔋 Jan 6
Replying to @elonmusk
I’m hoping will touch base with 🇨🇳 officials about future GF or GFs when he is in China in the next few days. Due to lower cost & complete supply chain, it also makes sense to have all models built in China and shipped to other countries. Will see how this goes.
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Ray4️⃣Tesla⚡️🚘☀️🔋 Jan 6
Replying to @ray4tesla
How do 🇨🇳 govt do to phase out ICEer ? They can limit issuance of license plates, restrict vehicle use on certain days, restrict non-local vehicles to operate, to stifle sales. Even now, some mega cities like Beijing, Shanghai, and Shenzhen already have similar policies in place.
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TeslaTrip Jan 6
Replying to @ray4tesla
What is the likelihood of this signed? This would be huge.
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Ray4️⃣Tesla⚡️🚘☀️🔋 Jan 6
Replying to @TeslaTrip
I don’t foresee any problem. Just a matter of time. In Shenzhen, which I recently visited, all diesel buses have been replaced by BYD E buses. China Uber- Diddi is required to phase out all ICEers starting in late 2018.
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paulee Jan 6
Replying to @ray4tesla @business
And yet is trotting around a report Tesla will struggle to sell 21,000 cars in 2020, or less than 0.1% of the market, despite the Model 3 now being cheaper than equivalent entry-level luxury sedans. 🙄😂
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Ray4️⃣Tesla⚡️🚘☀️🔋 Jan 6
Time will slap its face big time like it has already done to .
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Ed Chung Jan 6
Is there enough room at GF3 to build another GF? Or for logistical reasons, spread out the GF to other parts of China?
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Ray4️⃣Tesla⚡️🚘☀️🔋 Jan 6
Not enough space at GF3
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Mitchell House Jan 7
Replying to @ray4tesla
Keep me posted. If this law goes through, I'll have no choice but to invest in Tesla.
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Ray4️⃣Tesla⚡️🚘☀️🔋 Jan 7
Replying to @MHouse_EV
Will do
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