tag:blogger.com,1999:blog-2755700415043205247.post5715043897341282181..comments2023-03-28T08:18:07.711-07:00Comments on ChinaBizGov: Shenzhen Subsidies, US-China Acquisition, EV PolicyG. E. Anderson ---http://www.blogger.com/profile/11194863913108812712noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2755700415043205247.post-55467956080298252832010-11-13T09:28:12.770-08:002010-11-13T09:28:12.770-08:00ZAP's deal is funded by Dr Priscilla Lu Chairm...ZAP's deal is funded by Dr Priscilla Lu Chairman of the Board @ ZAP & playing a dual role, Venture capitalist & Capital Fund holder while Leveraging ZAP's patents on every other product it has designed in the past. The Alias is NOT the only 3 wheel car being produced in China on the platform ZAP has. Not even sure ZAP holds the patents on these cause other companies are already making & distributing 3 Wheel EV's; some look BETTER then the Alias too. The Fuzion 3 wheel on the alibaba.com website comes to mind. <br /> Some believe the cart is coming before the horse with these vehicles. You must have an Electric GRID in place to support these vehicles beyond their 50-80 mile range and that grid must be a 240V system to sustain 8 hour charges that give full range of these vehicles.120V charging systems require 20 hour charges to get full charge. Otherwise these companies are setting themselves up for Failure if the population can't get the pre-advertised range out of them Just like they failed in the 30's with electric cars.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2755700415043205247.post-36867323026481251132010-07-22T06:50:05.730-07:002010-07-22T06:50:05.730-07:00Hi Will,
I think there are at least three importa...Hi Will,<br /><br />I think there are at least three important factors here. First, as you've pointed out, the Chinese company is private. Second, they are small. (If they were large and private, like, for example, BYD, it would be harder because BYD has been singled out as a national champion.) And third, they will be building products for export.<br /><br />The one export precedent I am aware of is Honda's JV with Guangzhou Auto. It is the only auto JV I know of in which the foreign partner owns a majority of the shares (there could be others).<br /><br />I haven't come across any written exception for this in official policy yet, but a couple of auto insiders in China explained that the exception for Honda was due to their assembling cars for export.<br /><br />I suppose another important factor is the product being made. There are dozens, perhaps hundreds of wholly-owned foreign auto parts factories in China. The joint venture requirement only applies to final assembly plants. This JV requirement is written into both the 2004 auto policy and China's WTO accession agreement.<br /><br />As for the exceptions, my guess is that none of these is spelled out anywhere in writing, at least not publicly, so we are left to rely on precedent to try to understand what policy is. And even that is no guarantee the same rules would be applied in the same way in a different case.G. E. Anderson ---https://www.blogger.com/profile/11194863913108812712noreply@blogger.comtag:blogger.com,1999:blog-2755700415043205247.post-36435516748641816472010-07-21T23:56:49.286-07:002010-07-21T23:56:49.286-07:00Greg,
Can a foreign firm buy a controlling stake ...Greg,<br /><br />Can a foreign firm buy a controlling stake like this - even in a privately owned car firm? Or is that a rule just for SOEs?will pirienoreply@blogger.com