You're probably right, Robek, but consider this. The Chinese were well aware that they had product quality issues before they entered into their plan of become the EV manufacturer to the world. They're forward thinking, unlike the West. In any case, for the most part, they have solved this problem with the use of high-tech robotics, removing the fallible human element. So, the big Chinese car players that were in a financial position, capitalized by using the best high tech robotics money could buy, which in turn produced a far better-quality product - equal to or better than any US legacy manufacturers can produce, and for cheaper, given labor costs variations.
As a like example, I have on my wrist a robotic made, Chinese Patek Philips tribute watch (a fake by any other name) costing circa $30 Ozzy dollars, landed. The Real McCoy Swiss, handmade Patek in the same model goes for circa $250,000. And yet, I often wear the Chinese tribute Patek in preference to my Rolex, Tag Heurs and other expensive Swiss made watches, because the quality is quite remarkable for a mere $30, thanks to advanced robotics. Not that I would wear the imposter Patek on a deep-sea diving expedition, given I doubt that its waterproof beyond a 20 feet
. Conversely, it keeps better time than the real auto Patek, given the Chinese, robotic made quartz movement. Put it down to one of the many ambiguities of horology.
Nevertheless, my obvious point, Robek, it that we can no longer judge Chinese product quality as we did in days gone by, given their manufacturing capabilities have increased with the advent of high-tech production methods. They are now equal to advanced economies in the world of high tech, including robotics. Like Japan after WW11, China has morphed from the days of producing cheap crap to quality products - and like Japan's experience, perceptions will change. And it's all about the exponential speed with which high tech is advancing. It took the Japanese more than 40 years to change its product quality and human perceptions. China will probably do it in ten.
- Forums
- ASX - By Stock
- PLS
- The definitive EV thread. No spin. No BS.
The definitive EV thread. No spin. No BS., page-258
-
-
- There are more pages in this discussion • 882 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$2.90 |
Change
0.160(5.84%) |
Mkt cap ! $8.731B |
Open | High | Low | Value | Volume |
$2.83 | $2.90 | $2.80 | $106.1M | 37.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 325534 | $2.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 158813 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3279 | 2.880 |
1 | 8000 | 2.850 |
1 | 600 | 2.840 |
3 | 162003 | 2.830 |
4 | 29560 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 96973 | 10 |
2.910 | 42271 | 5 |
2.920 | 98708 | 8 |
2.930 | 17775 | 3 |
2.940 | 105638 | 7 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |