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THE INDICATOR FROM PLANET MONEY
The surprising leader in EVs
*work ethic 직업의식, (윤리관으로서의) 근면, 노동관
*acute 예리한, 예민한, 잘 발달된 (=keen), 급성의, 격심한
*acute attention 세심한 주의, 예리한 주의력
Wang Chuanfu is known for having this intense work ethic and an acute attention to detail.
*world-beating 세계 제일의, (어떤 분야에서) 제 1인자인
Wang Chuanfu and his company were determined to make a world-beating electric vehicle.
We’re not masters at making petrol engines.
They’ve been doing it for 100 years. We’re never really going to catch them up.
*buy up ~을 다[살 수 있는 대로] 사다, 매수하여 장악하다, 매점[매절]하다
Local governments have joined too, like by buying up fleets of the vehicles.
They thought they could leapfrog older carmakers by focusing on EVs.
*manage to 성공하다, 간신히 ~하다
*beat out 물리치다, 따라잡다
There are plenty of other electric vehicle companies in China that BYD has managed to beat out.
*detail-oriented 꼼꼼한, 세부적인 것을 중요시하는
*vertical integration 수직적 통합(원자재로부터 단말기 제품까지 다룸, 필요한 원자재를 자체 제조함)
They get all of their materials, they process everything themselves.
*in-house (회사·조직) 내부의
Everything is done in-house.
*Achilles heel 아킬레스건, 유일한 약점, 치명적인 급소
*dismissal 해고, 묵살, 기각
Elon Musk’s dismissal of the car’s looks in 2011.
BYD is still learning a lot. They’re learning so quickly and – on how to adapt their cars for a Western audience or an overseas market.
*rubbish 쓰레기, 삼류의, 경멸하다
I think they’re rubbish.
*kitsch [kɪtʃ] 졸작, 저속한, 천박한
These kitsch details aside
*take off 성공하다, 유명해지다, 이륙하다, 벗다, (일을) 쉬다, 흉내내다
They are taking off, from Perth to Paris.
*tariff [ˈterəf] 관세
Donald Trump announced a 25% tariff.
*conducive 도움이 되는, ~에 좋은
It is not a situation that is conducive to BYD being able to ship cars from China.
*play catch up 최신 경향을 알다
And now the U.S. is playing catch up in a sector that it started a century ago.
*replicate 응답하다, 대답하다; 복사하다, 반복하다; 뒤로 접다
They can replicate China’s success.
*stomach 즐기다, 참다, 견디다, 받아들이다, 소화하다
They can stomach the years that it’s going to take for the U.S. to catch up
*workaround 일시적인 해결책, 임시방편, 차선책
So what about some kind of workaround to bring BYD cars to the U.S.
*joint venture 합작 투자 (사업)
Doing a joint venture with an American company?
Craig is skeptical that’ll be happening anytime soon.
*I don’t get the sense that~ 그런 느낌을 받지 않는다
*in and around …와 그 주변에, 여기저기서
I don’t get the sense that there’s, you know, many sort of fans of China in and around Washington.
The number one producer of electric vehicles in the world is … BYD? On today’s show, we look at how the Chinese EV manufacturer rose from a battery company to global dominance. It took a mix of obsessive attention to detail, scale, government support and … guitar-string-related quirks. Plus, we consider whether BYD can crack the U.S. market.
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The surprising leader in EVs
The number one producer of electric vehicles in the world is … BYD? On today’s show, we look at how the Chinese EV manufacturer rose from a battery company to global dominance. It took a mix of obsessive attention to detail, scale, government support and
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