New Energy Vehicles (NEVs) in China

tphuang

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took really long time for western media to realize that BYD builds more than cars and buses.

Finally entering UK market with delivery starting this month

China Bester telecom with big investment into a company that is producing ESS and commercial vehicle batteries with BYD. They are on a 5G telecom builder that wants to get into solar and needs ESS. This is a huge market with a lot of potential.
 

supercat

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took really long time for western media to realize that BYD builds more than cars and buses.

Finally entering UK market with delivery starting this month

China Bester telecom with big investment into a company that is producing ESS and commercial vehicle batteries with BYD. They are on a 5G telecom builder that wants to get into solar and needs ESS. This is a huge market with a lot of potential.
According to WSJ, BYD is planning to spend $20 billion for its electric commercial vehicle division through 2025. BYD probably will become the world's largest automaker.
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A BYD electric delivery truck for Ikea:

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Wonder if this is a Germany-specific thing. Perhaps the Sinophobia is starting to affect buying patterns. You don't see this in Israel, so I don't think it has to do with high-income countries being more discerning.
Talking about Israel, China became Israel's largest supplier of imported passenger cars in Jan, with 7,753 units sold, an increase of more than 10 times YoY.
 

tphuang

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just to show how wide spread this ESS is. The following is just in Zhejiang
目前浙江省新型储能示范项目共44个,纳入示范规模共1915MW/6429.2MWh,总投资约142.2亿元
That's 14.2B RMB for over 6GWh of ESS. That's a lot. And this is going on everywhere in China. I think we will see some huge contracts doled out this year.
 
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