New Energy Vehicles (NEVs) in China

tphuang · 2025-07-21T17:48:03-0400

4Runner said:
I have a different take on BYD vis-a-vis R&D. First, I am not dismissing any BYD advancements in all fields of NEV engineering and manufacturing. But BYD took off primarily due to hiring of Wolfgang Egger as its global design chief and Michele Jauch-Paganetti as its global interior design director who previously worked at Mercedes-Benz. The next deciding factor was BYD betting its farm on LFP blade battery. All other advancements are natural technological progress thanks to its massive scale of efficiency.

hmm, its was undercutting everyone before it started scaling. How do you think it was able to do DM-i at the pricing point it was pricing back in 2021 and 2022? This was before it hit 2 million sales

4Runner said:
As I said before, people are underestimating what Huawei is trying to accomplish, which is way more difficult than it sounds. Two concrete examples that no other global car companies have ever accomplish in such a short-order: (1) AITO M9 (550K) and (2) Maextro S800 (1000K). I personally owned an Audi A6 (C6 gen) 3.0T Quattro for 10 years and my brother owned an S500 for a few years. There are many material or physical factors in a luxury vehicle that people are willing to pay >USD60K for.

One or two years ago I was favoring HIMA for intelligent mobility based on my industrial knowledge and experience. Now I am willing to bet my net worth that HIMA is going to dominate luxury segments of China automobile markets for many years to come. BYD is not even close.

That's great, you should invest in Seres then. There is no shortage of people doing that in China.

The amusing thing about Huawei fanboy on this forum is that they need to trash Xiaomi or BYD to make their point.

yungho said:
HIMA strength is its software imo. Similar to Apple if they keep making HIMA better and integrate it with other Huawei products than it creates a strong moat.

no question. HIMA's strength is software and AI as a whole. They have great branding and sales. Their sales channel is top notch. There are many things HIMA is doing well that should not be underestimated.

As I tell everyone. China is a very competitive auto market. Aside from Xiaomi, everyone has to really work hard for sales at the moment. HIMA has gone through plenty of its own growing pains along the way.

PeoplesPoster · 2025-07-21T18:26:47-0400

4Runner said:
I have a different take on BYD vis-a-vis R&D. First, I am not dismissing any BYD advancements in all fields of NEV engineering and manufacturing. But BYD took off primarily due to hiring of Wolfgang Egger as its global design chief and Michele Jauch-Paganetti as its global interior design director who previously worked at Mercedes-Benz. The next deciding factor was BYD betting its farm on LFP blade battery. All other advancements are natural technological progress thanks to its massive scale of efficiency.

Not sure if this is true, while BYD styling has improved since they came on, it’s still considered one of their largest weaknesses. Typically very conservative or just strange like the ocean series.

henrik · 2025-07-21T19:04:15-0400

4Runner said:
Not really. This year is turning out to be more challenging to BYD growth in domestic market, primarily because its lead in 100K-300K segments is not as formidable as 2024 or 2023. As people in China are saying this year: the first phase of China NEV race in electrical platforms is over; now is the phase of intelligent mobility. The most important factor in my book is maturity of China NEV ecosystem, which makes BYD vertical integration not as formidable as earlier years. BYD is doing great in overseas market, but it will be challenging to maintain reasonable growth in China. SAIC 尚界 will be attacking 200k segments, which are bread and butter for BYD profit margins. Even though SAIC lost its lead in the first phase of NEV saga, nobody in Chinese auto business will write down SAIC. So it is going to be an interesting watch.

BYD's efforts in luxury segments turn out be mixed bags. FCB is a success story. But cars and SUVs in 300K ~ 500K ranges are the most significant battle fields, which BYD is not yet an established brand. I am one of those minority who see more challenging years ahead for BYD in China NEV segments.

Huawei does not have batteries technology like BYD, and they need to sell overseas, for which BYD already has a large number of ships.

New Energy Vehicles (NEVs) in China

tphuang

General

PeoplesPoster

Junior Member

henrik

Senior Member