Can we talk about the strategic aspect of Chinese EV? Will it lead to deindustrialisatioj of Japan and Germany due to their reliance on auto industry?
It will also make others integrate with chinese economy tighter with them making attempt at decouple costlier.
It will make nation like gulf states and russia less relevant due to less fuel consumption in all places.
I think Japan and Germany are 2 different cases. German automakers are at least trying to transition to EVs. Japanese automakers are just pretending that it's not happening. Also, you have to build battery/car plant in Europe to sell to European market without tariffs. Japan is just a much smaller market. If Toyota/Honda loose the export market in China/ASEAN/Latin American countries, they are going to get crushed. Japan's home market will shrink due to their very low birth rates and large elderly population.
Not just a problem for Japan. SK will get crushed too. I think in another 20 years, the power balance in Asia will look quite a bit different than now. Japan and SK are going to get crushed by China and possibly ASEAN country growth.
They are coming up with too many models and different names for the same models. They should keep the same marketing names all over the world. It is like Apple vs xiaomi, which has many names for the same models. This is confusing for the consumers.
They are try to capture the whole market. Every price point. It's definitely a little messy right now. Although, it has helped them gain a lot of buyers.
I don't know how much of the current strategy is about taking the air out of everyone else. They certainly got a huge and growing order book that they have to deliver.
Just look at recent times. They got 3500 out of 13000 cars ordered at HK/macau/shenzhen autoshow. NEV registration for early part of May shows them with 1/3 of the NEV market share in China. Those are huge numbers.
BYD's solar energy storage unit is doing great in North America with 1.6 GWh delivery so far this year. Again, so much power battery and energy storage capacity coming online for BYD this year.
If you look at above, it should be able to use CTP/blade battery technology to eventually store 6 MWh in 16.66 sqm space. It supports 1500V and is liquid cooled
BYD continues to try to secure lithium supply for its ever hungry battery appetite. Keep in mind it had also recently secured $4 billion RMB lithium product with Shenzhen Chengxin. Makes sense for them to do this given CATL has it's own lithium projects also.
policies coming out to boost rural NEV sales with possible subsidies. 6 BYD models, GAC Aion, Ora Good cat, wuling mini and numerous other mini EVs are part of this.