New Energy Vehicles (NEVs) in China

vincent

Grumpy Old Man
Staff member
Moderator - World Affairs
BEV sales YTD.

View attachment 139792

China gets 4 out of the top 10. The US only has one, but it's the leader. I count SGMW as essentially Chinese now. Very surprised to see Vinfast in the top 30. And it seems like the Turkish Togg is still hanging on.

I suspect China would dominate the top 10 list more if we finally got the EV industry consolidation we were all waiting for, but it seems we are not there yet.
Pointless to analyze the graph because China doesn't just dominates in BEV but plugin hybrid too.
 

tphuang

Lieutenant General
Staff member
Super Moderator
VIP Professional
Registered Member
Interesting, didn't realize the Shark was already shipping so I looked it up
Indeed there are Mexican dual nationals driving these cross-border
https://www.reddit.com/r/BYD/comments/1f274ye
Rivian looks nice, but it is really expensive and they are losing money on every truck, so I don't expect the price to come down. They are not able to sell enough to justify scaling up production either, basically cooked. I will see after VW buys their remains.

The scaling is never going to come now that every battery factory plan in the West is being scaled back.
yes, there are a quite videos of Americans evaluating Mexican BYD sharks.


NEV HDTs continue to grow. At this rate, we are going to get to like 30 to 40% NEV HDTs by next year. They really should come out with subsidies for this. That can save so much in import bills for crude oil.
 

iewgnem

Junior Member
Registered Member
BEV sales YTD.

View attachment 139792

China gets 4 out of the top 10. The US only has one, but it's the leader. I count SGMW as essentially Chinese now. Very surprised to see Vinfast in the top 30. And it seems like the Turkish Togg is still hanging on.

I suspect China would dominate the top 10 list more if we finally got the EV industry consolidation we were all waiting for, but it seems we are not there yet.
I always found it funny how Americans go to length to separate out BEV from PHEV so Tesla can look better than BYD, but never ask how many batteries in Tesla's BEVs are from China, including from BYD.
 

dingyibvs

Junior Member
BEV sales YTD.

View attachment 139792

China gets 4 out of the top 10. The US only has one, but it's the leader. I count SGMW as essentially Chinese now. Very surprised to see Vinfast in the top 30. And it seems like the Turkish Togg is still hanging on.

I suspect China would dominate the top 10 list more if we finally got the EV industry consolidation we were all waiting for, but it seems we are not there yet.
That's 2023's report.
 
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