American car producers need to exert more effort in developing their technology and at the same time decrease their prices to remain in the global competition of their products. Chinese made battery-powered cars are expected in the streets of Canada a few months from now.
It was predicted that Chinese cars will dominate the global market and the country's expansion to Canada proves it. Battery powered cars are a new trend globally. Governments have been encouraging to go electric and its annual sales increased. The electric-powered car industry is unable to keep up with the demand despite the efforts of familiar brands like Tesla and Nissan Leaf, Toyota Prius and Chevy Volt.
Chinese automaker BYD is currently being adapted to Canadian safety and Charging standards. The cars will start circulating the Canadian market as soon as these standards were met. BYD is best known in investment circles because of Warren Buffet, its famous North American shareholder. Buffet's Berkshire Hathaway holding company is BYD's biggest private-sector investor.
Martin Archambault of the Quebec Electric Vehicle Association (AVEQ) said that a fleet of E6s should be operating as taxis in Montreal next year. He added that they are starting a new electric-car taxi company using only BYD cars.
Matthew Klippenstein, engineer and an electric car expert, said that China is on its way to becoming the Detroit of the battery-powered automobile industry. He also said that North American carmakers are in danger of losing the electric car market to China. It is similar to their defeat to Japanese and European brands during the oil crisis of the 1970s. He added that American manufacturers got used to making big huge cars thinking that oil was going to be cheap forever.
During the oil crisis of the 1970's, Japanese car companies like Honda, Toyota, and Nissan filled the gap brought by the cars made by the Americans. Japanese cars according to Klippenstein got a foothold of the loyal customer base that contributed to Japanese cars growth.
Chinese companies are continuously developing their car batteries due to criticisms of its quality in recent years. Klippenstein said that the safety standards of Chinese cars are currently below European and North American standards.
The low cost of Chinese cars has given them an advantage in some developing countries like Indonesia and Brazil. North American and European cars are unable to compete in these markets because of the difference in price. Canada is now checking the quality of Chinese cars preparing them to run its streets.
