New Energy Vehicles (NEVs) in China

[tphuang]

I think the way forward is to encourage them to sell abroad and gain market share in foreign countries. Instead of fighting and dying in China they can put european and japanese car companies out of business.

Maybe one stipulation could be to prevent borrowing or subsidies for these companies domestically but allow borrowing for foreign expansion.

I don't even know how to respond to stuff like this. China is already world's biggest exporter of automobiles. And foreign brands are already dying out. Do people not read the news here? Have you seen how many auto sector jobs are being lost in Germany?

The companies are making money. Why do people keep assuming that Chinese automakers are not making money? Stop spending all your time reading Western propaganda. There is this thing called earnings report that you can all read instead of just relying on me to post everything.

 

[tamsen_ikard]

I don't even know how to respond to stuff like this. China is already world's biggest exporter of automobiles. And foreign brands are already dying out. Do people not read the news here? Have you seen how many auto sector jobs are being lost in Germany?

The companies are making money. Why do people keep assuming that Chinese automakers are not making money? Stop spending all your time reading Western propaganda. There is this thing called earnings report that you can all read instead of just relying on me to post everything.

Global car market is 80 million cars. China is exporting around 4 million. Even excluding the domestic market there is still 60 million cars still sold by other companies around the world.

Toyota, Honda, Hyundai are still dominant in many countries.

So, China still has a long way to go. Chinese companies are barely a footnote in many countries. BTW I am not just talking about EVs. Chinese ICE cars should take more market share than they have now in foreign countries. They still have huge growth left.

 

[tphuang]

Global car market is 80 million cars. China is exporting around 4 million. Even excluding the domestic market there is still 60 million cars still sold by other companies around the world.

Toyota, Honda, Hyundai are still dominant in many countries.

So, China still has a long way to go. Chinese companies are barely a footnote in many countries. BTW I am not just talking about EVs. Chinese ICE cars should take more market share than they have now in foreign countries. They still have huge growth left.

Global auto market is 80 million. China itself alone is 21-25m. It exported 6 million last year. Take a chill pill.

 

[supercat]

Tesla is not doing sell even in the US.

Exclusive: Tesla market share in US drops to lowest since 2017 as competition heats up​

• Tesla accounted for 38% of August US EV sales
• Its July US market share down most since March 2021
• Rivals launch new vehicles, offer steep incentives

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Geely and Changan are doing well.

https://twitter.com/i/web/status/1962809136778707242

Nio Firefly scores 5-star rating in Euro NCAP crash test

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[supercat]

News about CATL:

• The Naxtra sodium-ion is ready for mass production.
  • Meets China's GB 38031-2025, the world's most stringent standard for EV battery safety, which will be officially implemented starting on July 1, 2026 in China.
  • An energy density of 175Wh/kg, comparable to LFP batteries
  • A lifespan exceeding 10,000 charging cycles
  • Peak charging rate of 5C for 500 km, or more than 300 miles with a 12-minute charge.
  • Compatible with Choco-swap battery-swap stations
  • Maintains 90% usable capacity at temperatures as low as -40°C

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• Shenxing Pro LFP battery for the European EV market has two versions: a "Long Life & Long Range" version and a "Super-fast Charging" version.
  • NP 3.0 (No Propagation 3.0) technology:
    • It can sustain power supply for over an hour after thermal runaway, enabling drivers to safely maneuver the vehicle away from hazardous areas.
    • It prevents visible flames and smoke during thermal runaway, thereby avoiding secondary accidents caused by obstructed visibility.
  • The long life version:
    • Has a WLTP range of 758 km (approx. 550 km/340 miles in the real world)
    • A lifespan of up to 12 years or 1 million kilometers.
    • After 200,000 kilometers, this battery exhibits only 9 percent performance degradation, aligning with European leasing market demands (eligible for the taxi fleet in Europe)
  • The super-fast charging version:
    • Can add 478 kilometers of WLTP range in 10 minutes (approx. 360 km/220 miles in the real world), making it Europe's leading super-fast charging LFP battery.
    • Even at 20 percent state of charge (SOC), the super-fast charging version can achieve 0-100 km/h acceleration in just 2.5 seconds at 830 kW
    • The battery maintains exceptional performance in extreme cold, delivering 410 kilometers of range after a 20-minute charge at -20°C.
    • It comes with a warranty of up to 10 years or 240,000 kilometers.

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• CATL's 2nd European plant in Hungary (the 1st on is in Germany) will start production early next year.

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[supercat]

BYD's European plans:

• Intensifies push into the European markets.

BYD More Than Doubles Europe Models as Push Intensifies​

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• The Hungary EV plant will come online by the end of the year.

China's BYD to start Hungary EV plant by end-2025, executive says​

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• BYD will produce more PHEV than BEV in Europe in the short term (next 1-2 years).

China's BYD to produce all EVs for Europe locally by 2028, executive says​

• European production will help BYD avoid EU tariffs
• Plug-in hybrid sales to surpass EVs in Europe for 1-2 years
• BYD to launch luxury Yangwang brand in Europe in 2027

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[henrik]

Global car market is 80 million cars. China is exporting around 4 million. Even excluding the domestic market there is still 60 million cars still sold by other companies around the world.

Toyota, Honda, Hyundai are still dominant in many countries.

So, China still has a long way to go. Chinese companies are barely a footnote in many countries. BTW I am not just talking about EVs. Chinese ICE cars should take more market share than they have now in foreign countries. They still have huge growth left.

Global car market was about 90 million vehicles in 2024, with China car market about 30 million vehicles.

 

[doggydogdo]

BYD's cheapest car gets 5 stars in EURO NCAP