my thoughts on share sales for BYD and the Al Futtaim investment.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
my thoughts on share sales for BYD and the Al Futtaim investment.
Why a Chinese Gadget Company Can Make an Electric Car and Apple Can’t
Xiaomi, which produces smartphones and consumer electronics, delivered 135,000 E.V.s last year after tapping China’s robust manufacturing supply chain.This article is less salty, perfect for certain reddit subs.
Still very grudgingly, saying XiaoMi is a gadget company while implying Apple is more advanced (of what?).
Xiaomi is popular and Tesla is not
Su7 has killed everyone else in this segment.
supercat
Colonel
Wait until they find out that BYD will manufacture more than one millions EVs a year OUTSIDE of China in the near future.
BYD electric commercial vehicles for UAE - today EVs, tomorrow weapons for MENA?
2,300 chassis of electric buses for India:
Geely (Geely + Galaxy + Lynk & Co + Zeekr) now consistently outsells Tesla in China:
It's like a sci-fi movie.
Lethe
Captain
February sales of Chinese vehicles in Australia
GWM: 3753 sales, #7, up 9%
MG: 3739 sales, #8, down 16%
BYD: 3281 sales, #11, up 112%
Chery: 2038 sales, #14, up 224%
Tesla: 1592 sales, #17, down 72%
LDV: 1153 sales, #20, down 17%
JAC: 204 sales, #34, new
Zeekr: 99 sales, #40, new
Leapmotor: 29 sales, #45, new
And YTD:
MG: 7479 sales, #7, down 12%
GWM: 7186 sales, #8, up 9%
BYD: 3956 sales, #13, up 38%
Chery: 3875 sales, #14, up 185%
LDV: 2346 sales, #19, down 27%
Tesla: 2331 sales, #20, down 66%
JAC: 408 sales, #33, new
Zeekr: 99 sales, #40, new
Leapmotor: 51 sales, #45, new
Deepal and Xpeng are not (yet?) reporting Australian sales via the VFACTS database. All numbers via .
GWM continues its slow build and MG its slow decline, but the leading stories are clearly BYD and Chery. BYD's February sales were artificially bolstered by ~450 Sharks that were sold in January but not included in the data set for that month, so YTD tells the more meaningful story there. Chery's (re-)entry to Australia can now clearly be said to be a success, even as I suspect it is coming at the expense of MG. Tesla has been in decline for roughly a year now, but the extent of that decline is still rather shocking. This is a brand that finished #8 in 2023. Yes, the Model Y is update is coming, but still...
Local pricing for the Ford Ranger PHEV that is due in a few months has been released. The cheapest model will be $71,990 plus on-road costs, against BYD Shark $57,900 plus on-road costs. That price gap is perhaps a little smaller than anticipated, but still very meaningful, particularly when one considers that the base Ranger PHEV likely doesn't match Shark in terms of equipment. I mean, That said, it seems that Shark's price will increase for the next financial year.
GWM: 3753 sales, #7, up 9%
MG: 3739 sales, #8, down 16%
BYD: 3281 sales, #11, up 112%
Chery: 2038 sales, #14, up 224%
Tesla: 1592 sales, #17, down 72%
LDV: 1153 sales, #20, down 17%
JAC: 204 sales, #34, new
Zeekr: 99 sales, #40, new
Leapmotor: 29 sales, #45, new
And YTD:
MG: 7479 sales, #7, down 12%
GWM: 7186 sales, #8, up 9%
BYD: 3956 sales, #13, up 38%
Chery: 3875 sales, #14, up 185%
LDV: 2346 sales, #19, down 27%
Tesla: 2331 sales, #20, down 66%
JAC: 408 sales, #33, new
Zeekr: 99 sales, #40, new
Leapmotor: 51 sales, #45, new
Deepal and Xpeng are not (yet?) reporting Australian sales via the VFACTS database. All numbers via .
GWM continues its slow build and MG its slow decline, but the leading stories are clearly BYD and Chery. BYD's February sales were artificially bolstered by ~450 Sharks that were sold in January but not included in the data set for that month, so YTD tells the more meaningful story there. Chery's (re-)entry to Australia can now clearly be said to be a success, even as I suspect it is coming at the expense of MG. Tesla has been in decline for roughly a year now, but the extent of that decline is still rather shocking. This is a brand that finished #8 in 2023. Yes, the Model Y is update is coming, but still...
Local pricing for the Ford Ranger PHEV that is due in a few months has been released. The cheapest model will be $71,990 plus on-road costs, against BYD Shark $57,900 plus on-road costs. That price gap is perhaps a little smaller than anticipated, but still very meaningful, particularly when one considers that the base Ranger PHEV likely doesn't match Shark in terms of equipment. I mean, That said, it seems that Shark's price will increase for the next financial year.
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AssassinsMace
Lieutenant General
Yes but it's true that the despite Trump's address to Congress today claiming the US was going to be an EV powerhouse, he won't be getting an EV ecosystem anytime soon because again everything the US does costs more than for China to do. You can be big like Apple but they still can't come up with an EV on their own because everything in the US every step of the way cost more than China. Biden made sure Apple didn't get an EV because he outlawed doing business with China which Apple would've needed to get an EV developed while a "gadget" company in China could.