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Where Unsold EVs Go To Die: Belgium’s Ports Drowning Under Glut Of Chinese Imports

May 8, 2024

By Paul Homewood

h/t Russell Hicks

 

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Ten years ago this week, we posted one of out most viral stories, highlighting the over-capacity in the auto industry:  "Where the World’s Unsold Cars Go To Die," which highlighted the ‘endgame’ of automakers’ ‘channel stuffing’ efforts to disguise the sudden lack of demand for all the exciting new models that they had forecast would boom to the moon..

And now, as MishTalk’s Mike Shedlock reports,  we are seeing similar pictures across Europe…

Le Monde reports Belgium’s ports drowning under glut of Chinese electric cars: ‘Some are parked here for a year, sometimes more’

Due to China’s overcapacity in production – as it aims to capture a quarter of the European electric vehicle market – the ports of Antwerp and Zeebrugge are inundated.

You probably need to see it to appreciate the challenges the automobile industry faces in transitioning to electricity. You also need to come here to understand how the Chinese industry’s overcapacity has flooded the European market. That morning, as the sun unexpectedly lit up the maze of highways leading to this remote arm of the port of Antwerp, Belgium, a huge cargo ship from the Norwegian company Höegh Autoliners unloaded thousands of cars at one of the terminals of International Car Operators (ICO), a subsidiary of the Japanese group Nippon Yusen Kaisha.

Alongside Swedish-Norwegian Wallenius Wilhelmsen, it is one of the main operators of the now merged port of Antwerp-Bruges, the world’s largest automotive terminal, through which the production of some 40 brands used to transit. But that was before the emergence of their Chinese competitors.

Car Parks

Quartz reports Cars are piling up at European ports at an alarming rate

Imported vehicles are seriously piling up at European ports, turning them into “car parks.” Automakers are distributors are struggling with a slowdown in car sales as well as logistical bottlenecks that make it hard to alleviate the buildup of new, unsold vehicles.

Some Chinese brand EVs had been sitting in European ports for up to 18 months, while some ports had asked importers to provide proof of onward transport, according to industry executives. One car logistics expert said many of the unloaded vehicles were simply staying in the ports until they were sold to distributors or end users.

“It’s chaos,” said another person who had been briefed on the situation.

This is another part of the escalating trade war between China and the rest of the world.

https://www.zerohedge.com/economics/where-unsold-evs-go-die-belgiums-ports-drowning-under-glut-chinese-imports?utm_source=daily_newsletter&utm_medium=email&utm_campaign=2607

27 Comments
  1. Martin Brumby permalink
    May 8, 2024 10:55 am

    Ho Ho.

    • John Palmer permalink
      May 8, 2024 3:40 pm

      Ho, ho indeed, MB😊

      • Nigel Sherratt permalink
        May 9, 2024 4:22 am

        ‘Hoes’ more like, the craven politicians (and universities) in hock to CCP.

  2. saighdear permalink
    May 8, 2024 10:58 am

    Huh, suspect this could be some “Fake nieus” …  these are all real NEWS Cars currently coming in for sale in Europe ….  one reads so much guff these days – time to digest it all …. triggering BUT ! I did read somewhere recently about impending flooding of Euro markets with much cheaper Chinese cars – what’s not to like – if you want a cheap local runabout “for fun” - just to annoy others.
    Jings we have a couple of much cheaper Mob Phones in this household and quite happy with them, Supporting Local Manufactures who the go on to move the goalposts in line with Stupid Gov. dictats is not my idea of fun ( or serious business )

    • gezza1298 permalink
      May 8, 2024 11:44 am

      But will the Chinese battery cars to be cheap enough to throw away when the battery has faded away?

      • saighdear permalink
        May 8, 2024 12:20 pm

        Hope so , or at least a TOY for the Bairns to learn on … EduTainment costs money, y’know!

    • May 8, 2024 2:07 pm

       “a TOY for the Bairns to learn on …” Here’s a silly thing regarding said “Bairns”. I had a Scots mother and grandparents, however, I was born and raised in Hull. So whilst me and my brothers were known as “the bairns” by our family all the other children around were called “bains” (i.e. no “r”) by theirs. This confused the crap out of me as a child – was I so different to warrant a different term?

      So when you reminded me of the word I looked it up and guess what wikipedia came up with.

      https://en.wikipedia.org/wiki/Bairn

      So now at 67, and after years of confusion, I now know that I wasn’t that odd after all.

      • saighdear permalink
        May 8, 2024 2:25 pm

        Avoch aye, Ray, …. the Bennnns . Yes I’d heard that word before by folk from aroun’d that ‘t tarea before – just never gav’t much thawt. Great what you learn here. 

      • glenartney permalink
        May 8, 2024 3:15 pm

        zThen there’s the Weans

      • saighdear permalink
        May 8, 2024 3:36 pm

        Avoch, … the weans … Aye William Connolly fair sums them up : Getting the Jeely piece flung at them from a great height: see it now – picked up out of the gutters, Jam n mud from ear to ear. Contrast that with the Rural cousins – the Bairns, Ruff n Reddie, Torn Pants fae fallin oot o thae branches, fair drookit in the Burn after guddlin for troot, etc. That rich tapestry of Life in the North, miles away from the City. LEARNING all about NATURE while they hadtime to stop and wait and LOOK & SEE for themselves.  Less Climate Tripe from them.

  3. May 8, 2024 11:24 am

    If somebody accidently set fire to one of the EVs, the whole lot would probably explode (not that I would advocate such a thing).

    • gezza1298 permalink
      May 8, 2024 1:46 pm

      It would be hard to put out certainly. What was the safe distance for storage that insurance companies wanted?

  4. peterrudling permalink
    May 8, 2024 11:41 am

    Trump will win

    Skickat från Outlook för iOShttps://aka.ms/o0ukef ________________________________

  5. Artyjoke permalink
    May 8, 2024 12:03 pm

    First picture is from 2009, second picture is EVs in China waiting to be loaded.

    Where are the pictures of the EVs piling up at European ports?

  6. Stuart Lawrence permalink
    May 8, 2024 1:26 pm

    Paul

    Thanks for all your work. I have a question – who exactly is the European Climate Foundation and where does their “philanthropic funding” come from?

    Best Regards

    Stuart Lawrence Email: s.lawrence123@btinternet.com Mobile: +44 7545 066 157 Home: +44 1604 864 454

    >

    • gezza1298 permalink
      May 8, 2024 1:53 pm

      You could try a bit of internet searching for yourself and that would bring you to this page of a lot of the usual scumbags: https://europeanclimate.org/our-funding-partners/

      Interesting that on their website they have an annual report which somehow manages not to put any figures on their income or indeed mention anything about it at all.

    • Mewswithaview permalink
      May 8, 2024 1:53 pm

      American billionaires tax efficient foundations mostly. They are a mega bundling NGO that distributes funds across the climate crisis smearbund.  Some of the donors are known, much is dark money . . .

      https://benpile.substack.com/p/the-monolith-of-climate-smear-mongering

      Many of the smaller climate crisis NGOs are registered charities, when you examine their year end financial statements over many years, grants from ECF keep popping up. 

      Another NGO to keep an eye for is the UN backed Climate Action Network (CAN), founded in 1989, this one has its tentacles into our taxes and it is dominated by Greenpeace and Friends of the Earth, it has extensive links into many Christian based relief charities that focus on the third world, the global south as it’s known these days.

  7. Ian PRSY permalink
    May 8, 2024 1:48 pm

    Never mind Antwerp. Look on Google Earth at Avonmouth.

  8. gezza1298 permalink
    May 8, 2024 1:55 pm

    notrickszone tells us that as the Tesla plant continues churning out battery cars from its plant near Berlin they are taken to a disused airfield for storage as sales in Germany have dropped steeply so far this year.

  9. Gamecock permalink
    May 8, 2024 2:33 pm

    Ten years ago this week, we posted one of out most viral stories, highlighting the over-capacity in the auto industry:  “Where the World’s Unsold Cars Go To Die,”

    . . . which was thoroughly debunked by EVERYBODY.

    I agree with Artyjoke, this is just warmed over bullshit.

  10. saighdear permalink
    May 9, 2024 9:10 pm

    In my Post this now; Read the Subject line properly: Europe’s interest in hybrid vehicles goes up with slight decline in EV registrations What does that say….

Comments are closed.