Episode 123 - June sales, Fairplay Pledge, China NEV manufacturing credits get recalc'd

The pod starts with a review of June sales with Tesla and BYD dominating the market while many other brands breaking sales records including Tesla and BYD.Tu points out for the EV purists that BYD beat Tesla for sales of BEVs in China for June. He also points out that breaking sales records are fine but the real test is whether monthly & quarterly sales are growing faster than the market. Lei moves the discussion over to the pledge by 16 automakers that they would play fairly and vow to not continue the price war. Both Tu and Lei think it’s nothing more than lip service. Tu and Lei jump to VW and their complaints to the Chinese govt about the ongoing price war and the current competitive environment. Lei goes further by summarizing some of Volkswagen Group China CEO - Ralf Brandstätter’s comments at the China Auto Forum going on this week.The pod moves over to Tu’s trip out west and his update on what he sees while visiting Vancouver, BC and Seattle, WA. The pod ends with Tu giving an update on China’s credit system for ICE and NEV manufacturing. It is a system China uses that was largely based on California’s years before.  The Best Pizza Franchise OpportunityAnthony & Luca's Pizza Kitchen is the hottest new Cheesesteak & NY Pizza Franchise.Support the show