COE Watch Podcast
The influence of Haidilao on our appetite for Chinese cars
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(From left) Dr Victor Kwan, who was in the motor trade for more than 20 years, and host Lee Nian Tjoe in the podcast studio.
PHOTO: TEO TONG KAI
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Synopsis: Every third Tuesday of the month, The Straits Times offers expert insights on new vehicles or transportation trends.
What connects popular culture to the success of Chinese car brands in Singapore? BYD is leading the sales chart in Singapore and other Chinese car brands are also making their way here.
In a market where the total number of vehicle registrations is capped, the success of the newcomers comes at the cost of incumbent players.
Dr Victor Kwan, who was in the motor trade for more than 20 years before joining academia, explains what is driving this trend and whether it is sustainable.
Highlights (click/tap above):
6:15 The reason for the appearance of so many new Chinese car brands in Singapore
8:20 What BYD Is doing right
22:00 The pressure to develop the charging infrastructure to spur the desire for electric cars
24:50 What dealers think about when deciding to bring in a car brand
38:00 Chinese car brands are here to stay
Read Lee Nian Tjoe’s articles: https://str.sg/wt8G
Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ
Read more COE articles: https://str.sg/iGKC
Produced by: Lee Nian Tjoe ( niantjoel@sph.com.sg
Edited by: Teo Tong Kai
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