New Energy Vehicles (NEVs) in China

[tphuang]

https://twitter.com/i/web/status/1653563681161052161

i watched video on seagull by a pretty prominent Chinese car blogger and i think the important part is just stressing how much better Seagull is over its biggest competitor the Wuling Bingo. BYD likely not making much money on Seagull, but will use this to take over the entire price conscious market. I mean maybe there will be people looking for sub 60k RMB cars & BYD likely won't go for that crowd. But you have to compromise on safety and basic feature to do that. BYD clearly doesn't want low end car to cheapen brand too much.

 

[Lethe]

An update from Australia...

April 2023 Sales
MG (SAIC): 3463
GWM: 2216
LDV (SAIC): 1437
BYD: 1118
Chery: 425

April is Chery's first month on sale, so I would assume a fair proportion of those are dealer demonstrators.

YTD Rank, Sales, YoY Growth
MG (7th): 15848, -1%
GWM (13th): 10410, +146%
LDV (16th): 6466, +34%
BYD (22nd): 3216 N/A
Chery (37th): 425 N/A

Outside Chinese brands, the biggest winner in the Australian market in 2023 is Tesla, having tripled sales from 2022 to be 8th in sales YTD. All Teslas sold in Australia are sourced from Shanghai. Biggest loser is Toyota with YTD sales down 30% to 53000 (still comfortably #1).

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[broadsword]

This is way better than tesla 4680 battery rated at just 272-296 Wh/kg.

Actually:

The analysis from UC San Diego shows the 4680 cell - produced at Giga Austin - has a nominal energy density of 244 watt-hours per kilogram. The usable figure is even lower, at 230 Wh/kg.

And
CATL’s Qilin has an energy density of 255 Wh/kg

 

[Eventine]

https://twitter.com/i/web/status/1653268039637544964

Carl Zha sources were right before.
It shouldn't have big impact, but on some automakers which recently shown new car model with the newest invidia sets etc. It might be a short term problem for these models. Also it might complicate export to some degree.

Th bigger issue is the US’s global reach leading them to pressure “allies” not to buy from these companies and not allowing any company that uses technology from the US to also do business with Chinese EV companies

The move they pulled against Huawei was very effective at destroying Huawei’s market share in Europe and East Asia

 

[siegecrossbow]

https://twitter.com/i/web/status/1653268039637544964

Carl Zha sources were right before.
It shouldn't have big impact, but on some automakers which recently shown new car model with the newest invidia sets etc. It might be a short term problem for these models. Also it might complicate export to some degree.

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Thousands of years ago, donkeys were not found in Guizhou province. But meddlers were always allured by anything. So they shipped one into this area.

One day, a tiger was walking around to find something to eat, when he saw the strange animal. The huge newcomer frightened him quite a bit. He hid between the bushes to study the donkey watchfully. It seemed all right. So, the tiger came near to the donkey to have a close look. 'Hawhee!'—a loud noise burst upon, which sent the tiger running away as fast as he could. He could not have any time to think before he settled himself home. The humiliation stung in him. He must come back to that strange thing to see it through, even though he was still haunted by the terrible noise.
The donkey was enraged when the tiger got too close. So, the donkey brought his unique skill to bear on the offender—to kick with his hooves. After several bouts, it became very clear that the donkey's power was too much. The tiger jumped upon the donkey in time and cut its throat."
People are usually told the story to illustrate the limitations of tricks and trickery. Cheap tricks never last.

Dems say “Heehaw”!

 

[KYli]

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[tphuang]

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Yes, definitely do it. In order to get these countries hooked into China's new energy technology, you need to build plants there. That includes Vietnam, Indonesia & Malaysia also. Looking further out, India, Brazil, Mexico & middle east

 

[tphuang]

my summary for carfans podcast

https://twitter.com/i/web/status/1653860381926760449

pretty interesting stuff, competition is pushing several automakers to the brinks i think

 

[tphuang]

big month for BYD, a lot of stuff happening

https://twitter.com/i/web/status/1653934105610838016

I totally missed this one

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After Xiaomo port, this is the other important export project. Going directly from Xian to Central Asia & Europe

 

[mossen]

Th bigger issue is the US’s global reach leading them to pressure “allies” not to buy from these companies and not allowing any company that uses technology from the US to also do business with Chinese EV companies

The move they pulled against Huawei was very effective at destroying Huawei’s market share in Europe and East Asia

That only works if the Western alternatives are clearly better. If they are not, it would be unsustainable over the long term to ask people in other countries to buy inferior products at higher prices. The actions against Huawei worked only because it was a single company.

If these reports are true that the US will target the entire EV sector then it won't just be one company. It would be against an entire ecosystem. I criticised a few Chinese OEMs like BYD for investing into Nvidia platforms a few years ago, saying that this put a huge mark on their back. These companies should have learned their lesson to complete de-risk their supply-chain by moving away from US suppliers.

But as so often is the case, the US govt has a wonderful tendency to force these lessons on slow learners inside corporate China.