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Xiaomi EV deliveries over 40,000 EVs in a month as wait times stretch to nearly a year Comments

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Pages: 1

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  • Anonymous
  • Jyx
  • 4 minutes ago

haha, 2 hours agoChina where everything is fake and scam Chinese Auto Industry Uses Scam To Inflate Vehicle... moreIt's already october and this news is from June, where were you until now?

Here is what was written in the Reuters article linked in the autoevolution article you linked:
"The zero-mileage used car export market works like this: as a fresh car emerges from the assembly line, an exporter buys the car either directly from the automaker or from a dealer, registers it with a Chinese license plate, and then immediately marks it as a second-hand car for shipping abroad. Along the way, the automaker books the car as sold and logs the revenue."
"Because these export firms both purchase and sell a single car, the transaction value is double that of new or used-car purchases, so local governments court them to set up shop on their turf to quickly and artificially boost their GDP statistics, two Chinese auto industry executives said."
So my understanding is that the manufacturer or dealer sold the car are in the "clean", the problem or the "scam" is on part of the export firm. They buy the unused car with a chinese licence plate but right after they mark It as a second hand shipped for export.
The end result is kinda funny, because almost everyone is happy. Car manufacturer sold a car, dealer also got rid of a car, which would just take up space, local government is also happy because GDP is growing and the export firm will make some money on overseas sales, customer weill buy a really cheap car.
The only unhappy one are the countries exported to, If they have official channel of that brand in the country, because of missed tariffs, taxes or something.

And how big is this issue?
"Rough estimates indicate that 90% of the 436,000 used passenger and commercial vehicles China exported in 2024 were zero-mileage cars. The majority were combustion vehicles, thus less attractive for Chinese customers. However, that's not to say that electric vehicles are not making their way overseas as zero-mileage used cars."
"China overtook Japan to become the world's largest exporter of new cars in 2023 and exported 6.41 million vehicles last year, according to the China Passenger Car Association. Of these, about 6% would have actually been zero-mileage used cars, according to Wang's estimates."
So

  • Reply
h
  • haha
  • iBb
  • 2 hours ago

China where everything is fake and scam

Chinese Auto Industry Uses Scam To Inflate Vehicle Sales Numbers

https://www.autoevolution.com/news/chinese-auto-industry-uses-a-scam-to-inflate-vehicle-sales-numbers-253453.html

https://carnewschina.com/2025/06/01/exposing-chinas-zero-kilometre-used-cars-registered-but-never-driven/

  • Reply
C
  • Common sense
  • 8v@
  • 4 hours ago

The last comment is comparing apples with pineapples. The only reason xiaomi managed to do within one year, is because Tesla paved way and created the electric market in the first place. How they are starting to fall behind as others manage to catch up.

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