New Energy Vehicles (NEVs) in China

tphuang

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Given the talk of autonomous/smart driving dominating the next generation of automobiles in China, it's quite interesting that DJI will be mass producing EVs with SAIC-Wuling
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It seems like every automaker incapable to doing its own autonomous driving is trying to partner up with a tech company. SAIC-DJI combo would be very formidable.

So, we have Huawei with Chongqing Sokon
Baidu with Geely
Didi/Xiaomi with somebody. To be seen.

I still find it strange that Geely is launching satellites to help autonomous driving. I think they got bigger plans on hand.
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Speculation about Chery introducing NEVs in Africa.
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I think for places without the infrastructure, PHEV vehicles are a great way to really improve emissions without range anxiety for people.
 

4Runner

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华为研发,直接销售,问界M5到底实力如何?​

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[My Translation and Comments]
I know this is a Chinese video about Huawei Aito M5. I apologize if anyone feels offended in this English forum. But this video tells a story that would/should/shall scare wazoo out of ICE powerhouses.

As a technology enabler, Huawei model in EV somewhat resembles Google model in smart phone. Manufacturing of EV is more and more like manufacturing smart phones. Huawei is going way of Google/Apple, rather than Foxconn.

The catch is this: there are more EV companies than smart phone companies in China. We all know that majority of them are going to fail or be consolidated. But local governments will do whatever it takes to keep them alive. That is Huawei's greatest opportunity and advantage in EV. To some degree, that model also applies to Baidu, another smart/autonomous EV enabler.

As if BYD/NIO/Li/Xpeng were not headache enough, there are other established tech giants like Huawei and Baidu that are also hungry for a slice of the up and coming holy grail - EV.

I know it is still in the 3rd inning of the EV game, but from my eyes, the game is almost over.
 

Michaelsinodef

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华为研发,直接销售,问界M5到底实力如何?​

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[My Translation and Comments]
I know this is a Chinese video about Huawei Aito M5. I apologize if anyone feels offended in this English forum. But this video tells a story that would/should/shall scare wazoo out of ICE powerhouses.

As a technology enabler, Huawei model in EV somewhat resembles Google mode in smart phone. Manufacturing of EV is more and more like manufacturing smart phones. Huawei is going way of Google/Apple, rather than Foxconn.

The catch is this: there are more EV companies than smart phone companies in China. We all know that majority of them are going to fail or be consolidated. But local governments will do whatever it takes to keep them alive. That is Huawei's greatest opportunity and advantage in EV. To some degree, that model also applies to Baidu, another smart/autonomous EV enabler.

As if BYD/NIO/Li/Xpeng were not headache enough, there are other established tech giants like Huawei and Baidu what are also hungry for a slice of the up and coming holy grail - EV.

I know it is still in the 3rd inning of the EV game, but from my eyes, the game is almost over.
It's pretty much assured at this point that the number of EV makers who will survive this decade is much less than the current amount of EV makers that are in the market.

Although it will end up with mergers and buyouts, so overall fine enough for China I say.
 

supercat

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Tears of joy as BYD's market cap reached RMB1 trillion (US$149 billion). It took BYD 27 years to get here.


BYD has overtaken VW to become the 3rd most valuable auto maker in the world, behind only Tesla (#1) and Toyota (#2).
dhlUsjp.png
 

tphuang

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Just to put things into perspective on how much ahead the Chinese EV industry is. Buick is making news for wanting launch 5 new EVs in China by 2025 including 2 unveiling this year, but not unveiling one is America until 2024.
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Of course, that is still way too small and way too slow against this EV wave. By the time they get here with EV, China would already be much farther along with Smart vehicles.

Tesla is considered by most people in the West to be the forerunners in EV movement. Imo, it has bundled its smart vehicle transitions. This is a good example,
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Musk claimed for years that Tesla can achieve FSD with just the 8 cameras and on board computer they had. According to Taylor Ogan, they were using backup computer, because the main one was running out of processing power. And now, they are getting a higher pixel camera and new radar which will probably overwhelm the on board computer. It seems to me that he did this to cut cost in order to boost profit and now realizes that they were overly ambitious. Tesla has the first mover advantage in the EV market, but it maybe blowing its lead by not moving fast enough and not reaching FSD for many years. BYD has really said they expect to put Lidar, MMW radar and Cameras along with their latest chips on their new cars in order to become the leaders in smart driving. I think if auto companies don't push the envelope in China, they will get left behind. And when China hits Europe, it's going to blow people away.

If you just look at Jidu's Robo-1, it has Lidar, radar, 12 ultrasonic radar, 12 cameras, that's a lot of sensors to integrate. I think most non-Chinese automakers simply aren't ready for this many sensors, the # of chips required and the software portion of it. If you look at Huawei, they have the chip production and hardware/software integration and AI expertise that they can just throw at building cars. What they don't have is experience in car design, safety and auto manufacturing. Similarly, Baidu has the software/AI experience and are partnered up with Geely to handle the auto manufacturing portion. If I'm BYD, I'd be as worried about Huawei and Baidu as I would be about Tesla, NIO and VW.

Denza brand is rapidly expanding to 76 stores. BYD is really ramping everything up with its higher tier brands
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Tang SUV is probably the most expensive vehicle in BYD lineup. DM-p starting pre-sale at 292k to 332k RMB.
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As I mentioned previously, BYD wasn't really competitive in India with the very old E6 van. Now, it is expected to launch Atto 3 (Yuan plus EV) in India in 2023.
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. It's definitely going to be a very expensive car for the Indian market. I think if they are looking to launch Atto 3, there then Dolphin and Seal will probably launch there in 2023 or 2024. BYD needs to get itself ready for large scale export.

More report on BYD negotiating to buy fords plant in Brazil to assemble complete/semi knock down kits.
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BYD atto 3 ready for Singapore in July

Huge demand for EV transformation in California due to environmental concerns and high gas prices. With autonomous driving and EV technology, BYD can do well in the future trucking market.
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The BYD 8TT in the demo had 23,210 miles on the odometer. With a half-load, it gets 167 miles of range. A full load cuts that to 124 miles. BYD had electric trucks in service in the U.S. before anyone. It has delivered more than 100 of its 8TT model, including 21 to
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in Southern California.
 

tphuang

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On the subject of China entering US market for Passenger Vehicles with its own brand (not Polestar), I'm taking a look at the progress of BYD in America thus far. Going through various articles, it seems like BYD is quite political and media savvy for a Chinese company. The best move they made is probably opening up a factory (with incentive) in California employing unionized labors so that the community there seems genuinely grateful and happy to have BYD there. There are environmental lobbyists, union lobbyists and Lancaster officials all supporting BYD.

Can be seen here when Antelope Valley Transit Authority (which includes Lancaster) did full transition to BYD buses.
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So while the Biden Administration wrote policy to single out BYD
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They are definitely eligible in California
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BYD has the largest dedicated electric bus factory in America. Support from California gov't and unions will help them capture large portion of that 14000 bus market.
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Ambassador Qin Gang (who I think has done a very good job thus far) made a visit to BYD plant 3 months ago. 1000+ local job is a pretty good sales pitch.

They had hit 400 bus deliveries by end of 2019
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This was posted in Chinese social media back in 2017 when they were in the middle of expanding their Lancaster facility. You can see all the buses in action even back then
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The most recent photo posted on that thread from the last couple of months still show a bunch of buses, but also electric trucks now.

Probably the result of this large truck order amongst others
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and they are helping Nuro to build autonomous delivery vehicles
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I am not sure if the Lancaster plant has any more room to grow. Regardless, I think they will have to be assembling cars in America if they want to sell here and not face high levels of protectionism. They typically like to take over an existing auto plant and build it into their own, but those are only around in the rust belt. The demand for evs would be the greatest in California. So it would be interesting to see where they can add their next plant.
 
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supercat

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I read report that BYD has agreed to supply its blade battery to Tesla. Any idea?

Report in Vietnamese language, kindly use Google translate if you're interested to read it.
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While BYD officials have acknowledged it, Tesla hasn't made any comment yet.

China's EV charging piles increased more than 90% year-on-year.

BYD owners have their own allocated charging piles by far.
 

tphuang

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BYD seal production to start in June at Cangzhou plant with 15k/month. Seems low, I bet they ramp this up soon.
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Song DM-i is really popular. High oil prices are great for PHEV sales. Right now, Song DM series is their hottest seller.

It sold even more than SGWM mini EV in May

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now Geely is looking to buy smart phone maker Meizu.

A lot of stuff going on here with Geely looking to acquire everyone and join partnerships everywhere. I think this is a further indication they are not able to compete with BYD in the domestic auto market and are looking for opportunities elsewhere. I read somewhere that they have enough capacity to produce 2 million cars a year, but they are actually outputting under a million.
 
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