Marco Castelli
Marco Castelli

@macastel3

7 Tweets 2 reads May 16, 2024
Back to China after 4 days in Europe.
Considerations:
- electric cars can develop quickly in big cities of China for 3 main reasons:
1) cheap cars and free car plate
2) electricity very cheap (EU is almost 10x price)
3) distances too big so people use train/air to travel
In Europe electricity is very expensive so not competitive.
Also there are more cars relative to people (density) so the grid will be under too much stress to recharge and infra more difficult to develop
People drive more all the time, relative to China
Payments systems:
- to be honest contact less credit card works in EU everywhere and use really fast
- compared to mobile phone payments you don’t have to worry about charging phone which is a plus
- but Chinese mobile payments are really good for person to person transfers
Food:
- generally speaking high quality food in China is more expensive (meat, fish)
- the choice of quality food in Italy for example is much wider and relatively cheaper
- supermarkets are better organized and offer more quality
Supply chain in China of quality food need upgrade (for cheap is already great to feed everyone)
Airports:
- Chinese are huge and well organized
But
The commercial offerings are very limited
Need develop that side (restaurants, shops, retail)
Taxi:
Super cheap in China and crazy expensive in Europe but can’t compete:
Drivers in China earn little and over worked.
Can’t replicate this model.
Maybe robotaxi in future
Finally, nothing beats an Italian cappuccino in the morning β˜•οΈ

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