Toyota And Honda's 1980's Success Story May Not Be Replicated By Chinese EV Giants, Says Researcher: Why The Flying Geese Won't Fly As Much This Time
Portfolio Pulse from Benzinga Neuro
Alicia Garcia-Herrero from Bruegel and Natixis suggests that China's EV industry may not replicate the success of Japanese automakers like Toyota and Honda in the 1980s due to factors like protectionism and economic conditions. The EU's recent tariffs on Chinese EVs and reduced tariffs on Tesla's Chinese-made cars highlight the challenges and opportunities in the market.
August 22, 2024 | 5:15 am
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NEUTRAL IMPACT
Honda's 1980s offshoring strategy is used as a reference point for the challenges faced by China's EV industry today, highlighting Honda's past strategic success.
Honda's past success is mentioned to illustrate the difficulties China's EV industry faces, but it doesn't directly affect Honda's current business.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50
NEUTRAL IMPACT
Toyota's historical success with offshoring in the 1980s is contrasted with current challenges faced by China's EV industry. This highlights Toyota's strategic advantage during that era.
The article uses Toyota's past success as a benchmark to discuss the challenges faced by China's EV industry, but it doesn't directly impact Toyota's current operations.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50
POSITIVE IMPACT
Tesla benefits from reduced EU tariffs on its Chinese-made cars, contrasting with increased tariffs on other Chinese EVs, potentially boosting its market position in Europe.
Tesla's Chinese-made cars face lower EU tariffs compared to other Chinese EVs, potentially enhancing its competitive position in the European market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70