New Energy Vehicles (NEVs) in China

tphuang

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So basically Western companies are using the competition in China to get the technology to make them more competitive and make more money on the international market. Wouldn't this just allow those Western companies take advantage of the competition in China, while good Chinese companies don't have international market revenue.

What about Chinese companies using domestic competition to get international market share instead of cut throat competition at home? I do hope me Chinese companies expand more overseas and capture international markets instead of dying under domestic competition.
well, this is what's going to happen in every industry going forward. You have to assume that China cannot put every Western company out of business. That's politically not possible. The next best option is to have them rely on Chinese engineering talent and supply chain.
 

Michael90

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So basically Western companies are using the competition in China to get the technology to make them more competitive and make more money on the international market. Wouldn't this just allow those Western companies take advantage of the competition in China, while good Chinese companies don't have international market revenue.

What about Chinese companies using domestic competition to get international market share instead of cut throat competition at home? I do hope me Chinese companies expand more overseas and capture international markets instead of dying under domestic competition.
Well, I see nothing wrong there. It's up to Chinese companies to be smart enough to know it's better for them to produce their own goods and sell/expand their market share overseas than just be focus on the cutthroat low price Chinese market where profits are razor thin to almost non existent t in some cases. So if they are smart they will expand overseas as a priority since they can make more profits and money there. Plus it's not also that bad that they have to rely on Chinese companies and supply chains since this creates dependence on China.
 

Michael90

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Xiaomi EV division just turned profitable 2 years after entering the EV industry. Unprecedented i believe, while most other Chinese EV companies are still suffering loses and struggling to make profits despite being in the markt years before xiaomi. 'm very optimistic about Xiaomi EV future than any other Chinese EV company(except BYD obviously ) to be honest.


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Wrought

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Diesel demand in China is going to die off pretty soon at this pace.

AP published a piece on the subject today.

In 2020, nearly all new trucks in China ran on diesel. By the first half of 2025, battery-powered trucks accounted for 22% of new heavy truck sales, up from 9.2% in the same period in 2024, according to Commercial Vehicle World, a Beijing-based trucking data provider. The British research firm BMI forecasts electric trucks will reach nearly 46% of new sales this year and 60% next year.

The share of electrics in new truck sales, from 8% in 2024 to 28% by August 2025, has more than tripled as prices have fallen. Electric trucks outsold LNG-powered vehicles in China for five consecutive months this year, according to Commercial Vehicle World. While electric trucks are two to three times more expensive than diesel ones and cost roughly 18% more than LNG trucks, their higher energy efficiency and lower costs can save owners an estimated 10% to 26% over the vehicle’s lifetime, according to
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CATL, the
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launched a time-saving battery-swapping system for heavy trucks in May and said it plans a nationwide network of swap stations covering 150,000 kilometers (about 93,000 miles) out of China’s 184,000 kms (about 114,000 miles) of expressways.

In 2021-2023, exports of Chinese heavy-duty trucks including EVs to the Middle East and North Africa grew about 73% annually while shipments to Latin America rose 46%, according to a McKinsey & Company report. The share of electrics is expected to grow, though limited charging infrastructure could pose a challenge.

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tphuang

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AP published a piece on the subject today.



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there is some mixed language in there. For example, it uses heavy trucks and trucks quite interchangeably. The electrification of those 2 vs vans vs other machineries aren't happening at the same pace. If AP ever wants to reach out me, I have all the charts on that, lol
 
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