Tag: automotive

The Chinese motor is sputtering

Saturday, 2 March, 2019

Writing in The Truth About Cars, Matt Posky notes, “Chinese Auto Market Not As Hot As Everyone Thought.” Snippet:

“Despite amassing a network of factories that could theoretically outproduce the rest of the world, the Asian country’s automotive sector only operates at about half its total capacity. That’s disconcerting. Even Europe, site of some serious industrial headwinds of its own, manages to operate around 70 percent capacity.

While the reasons for China’s woes are ludicrously complicated, one of the most pressing issues is that its economy is slowing much earlier than anticipated. Automakers, both foreign and domestic, almost universally believed that The People’s Republic would surpass the United States as the world’s largest automotive market — and they were right. But investments kept pouring in, factories were built, and the market started to cool prematurely. The situation only grew worse as incentives dried up and people began buying fewer cars; now, 2019 is shaping up to be a very bad year for the nation’s automotive sector.

What will happen when the Chinese proletariat tire of the tyrants who have created this system? It won’t be pretty.


Tesla: All Our Patent Are Belong To You

Friday, 13 June, 2014 0 Comments

Elon Musk, CEO of Tesla, has announced that the company will let anyone use its patented technology: “Yesterday, there was a wall of Tesla patents in the lobby of our Palo Alto headquarters. That is no longer the case. They have been removed, in the spirit of the open source movement, for the advancement of electric vehicle technology.”

The devil is in the details, however: “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.” But what does “in good faith” mean here exactly?