New Energy Vehicles (NEVs) in China

AndrewS said:

I think BYD should be very wary of having a wholly owned factory in India. Look at what happened with Xiaomi, Vodafone and a lot of other foreign multinationals for example.

Probably the best option is to continue with JVs with local Indian partners, for political protection against the government. BYD will still be exporting components.

But even then, I don't see that many sales because incomes are low and there isn't any electric car charging infrastructure in place (and there won't be a big push for this for years yet)

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If you own a factory in India, it should only be for the purpose of manufacturing cow dung.

tphuang said:

Just imagine now if they offer something more in the 12 to 15k USD instead of 40k USD (like e6), it would be more appealing in local market. I'm not just advocating this for India, but also all of Southeast Asia. I think Sea Gull would have a lot of appeal. Keep in mind that even in China, BYD had minimal number of sales for many years before things really took off in 2021. Maybe less developed markets like India and ASEAN countries will need another 5 years to see this EV explosion, but it will come.

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Incomes in India are significantly lower than in most of ASEAN.
Places like Malaysia and Thailand are at comparable income levels to China, so they are ready for an EV takeoff.
Singapore is another candidate because it is a wealthy city-state, so they literally don't have long-distances to deal with, but you need to come in with a premium product because car registrations are so limited.

Plus ASEAN is a lot more friendly to Chinese investment (or indeed any foreign investment) than India.

So I would put India lower down in terms of priority than ASEAN, even against somewhere like Indonesia.

BYD providing battery packs for charging cars

Baidu's unmanned taxi fleet keeps getting larger

AndrewS said:

Incomes in India are significantly lower than in most of ASEAN.
Places like Malaysia and Thailand are at comparable income levels to China, so they are ready for an EV takeoff.
Singapore is another candidate because it is a wealthy city-state, so they literally don't have long-distances to deal with, but you need to come in with a premium product because car registrations are so limited.

Plus ASEAN is a lot more friendly to Chinese investment (or indeed any foreign investment) than India.

So I would put India lower down in terms of priority than ASEAN, even against somewhere like Indonesia.

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Well, they are already building a big factory in Thailand for right side driving markets, so the investment is there.

Malaysia, they probably will be well served to have a local factory too. Both of these places, I think Dolphin and Sea Gull will do well. Seal might be too much for the local market.

Singapore is a different market. Getting license plate is crazily expensive. If they want to get into Singapore, they need to do it with a premium model. Maybe Seal works. But definitely something in the their new premium series.

India is growing pretty fast. While it may have lower average income than Thailand and Malaysia, the sheer size of the country means they will have a larger group of people that can afford something like Dolphin and Sea Gull. Plan for the next 5 years, not just now.

AndrewS said:

2 small cars would fit into a single parking space? The fact remains that cars usually only have 1-2 occupants. So why make cars bigger than they need to be? It's just excess weight, cost and fuel expenses.

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It's the demand factor. Customers prefer to have a 4 sitter over 2. Similar to demand for apartment unit. Units with single room are never popular.

Chish said:

It's the demand factor. Customers prefer to have a 4 sitter over 2. Similar to demand for apartment unit. Units with single room are never popular.

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Some people prefer smaller cars.
Note how small Kei cars account for one-third of car sales in Japan.

Can BYD handle the complexity of factory in so many countries?

TK3600 said:

Can BYD handle the complexity of factory in so many countries?

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why not? the factory in many country will follow what BYD do in China

Not an EV from China but it can spin like a tank.

tphuang said:

India is growing pretty fast. While it may have lower average income than Thailand and Malaysia, the sheer size of the country means they will have a larger group of people that can afford something like Dolphin and Sea Gull. Plan for the next 5 years, not just now.

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@tphuang Sir count me as a cynic, coming from a low base then I may agree, from 0 to 1 that is a 100% increase. India may take at least 20 years or more to have a viable market, My country the Philippine may have the same time frame even though our infrastructures are way more better than India. The reason the high price of electricity rates, the highest in Asia. India need to improve its infrastructure first, the foundation before embarking on such high ambition.

ansy1968 said:

@tphuang Sir count me as a cynic, coming from a low base then I may agree, from 0 to 1 that is a 100% increase. India may take at least 20 years or more to have a viable market, My country the Philippine may have the same time frame even though our infrastructures are way more better than India. The reason the high price of electricity rates, the highest in Asia. India need to improve its infrastructure first, the foundation before embarking on such high ambition.

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Dear Sir,

I highly disagree. I believe India will be the forefront of the EV revolution by spearheading the biofuel car.