New Energy Vehicles (NEVs) in China

j17wang

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It's a good revenue stream though. Upload a video or write an article praising India. You will get like 100k clicks/views. Sit back and collect the advertising revenue. Enjoy.

Doesnt actually work like that. Yes, you get more clicks and views from the indian internet base, but ad revenues are also locationally based, so Google/Meta/Amazon doesn't pay the same $ per click to Indian vs North American locations.
 

tphuang

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Do people realize that the VW/Guoxuan deal was settled in 2020? And it's definitely not a national security issue since Guoxuan is just one of the many smaller battery manufacturers in China.

Looks like BYD's Hefei plant might get a bigger lift? It's starting production this month. Supposedly getting 15 billion RMB investment from BYD.

Zhongtong exports 45 electric buses to Chile.

More photos of BYD SeaGull are out. Interior looks a lot like Dolphin, but just smaller.
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supercat

Major
trying to sabotage China's battery industry
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Won't work. China's EV battery industry is so advanced and enormous, no one can really undermine it now. Like America's sanction of China's solar panel industry, it's just a reflection of U.S.'s desperation.

China's NEV penetration rate is more than 26% in May. A whooping 45.5% of the retail sales and 51.8% of wholesales of domestic brands were NEVs.
 

56860

Senior Member
Registered Member
Do people realize that the VW/Guoxuan deal was settled in 2020? And it's definitely not a national security issue since Guoxuan is just one of the many smaller battery manufacturers in China.

Looks like BYD's Hefei plant might get a bigger lift? It's starting production this month. Supposedly getting 15 billion RMB investment from BYD.

Zhongtong exports 45 electric buses to Chile.

More photos of BYD SeaGull are out. Interior looks a lot like Dolphin, but just smaller.
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I mean it's the third largest battery manufacturer in China so not really a small company.

As long as China holds a majority stake in it I see no problem. Giving a massive auto company like VW some ownership would definitely help it compete in the EU market.
 

yungho

Junior Member
Registered Member
well, they developed a brand new platform for ET-7, gotta make the most of it
True, but having two different mid-size suvs offerings (three if you count the ec6) seems a bit of an overkill. LI and Xpeng have kept it lean with their offerings and so has Tesla. You could argue the Germany luxury brands are keeping their pure ev offerings slim as well. Not sure what Nio's strategy is here. Their production capacity hasn't increased much at all.
 
Well, Rivian/Lucid are losing money on every car and have no idea how to ramp up, so I don't know if NIO wants to get compared to them.

If NIO can get to 20+k production per month by the end of this year, then I think we can be optimistic about them. Having a mass-market brand that produces 500k car a year is not particularly ambitious
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Seems like Chinese automakers like to build factories in Hungry as a way to enter EU market. Other choice is Poland.
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BYD will be at CES 2023. For those who don't know, CES is a pretty big deal here and happens every year in Vegas right after new year. Could there be a major announcement about entry into US market? We will see. It would match some of the other recent announcements about export market like Atto 3 to India in 2023, to Singapore in July, New Zealand in Q3 and new factory in Brazil.
And funnily enough, it's even entering Mongolia.
I think 2023 is a big year for BYD internationally in PV market.

Tesla Model Y LR is increasing prices in China. This is kind of interesting. Tesla is increasing prices everywhere, but there was rumor on Chinese social media that Model 3 Base model might be seeing a 20% price reduction. Which leads to the theory that Tesla is seeing weakness in Model 3 demand in China. We've seen the wait time for Model 3 go down recently. All of which points to an overcrowded 200k-300k RMB sedan market in China with the recent launch of Seal, Huawei AITO M5 and a whole bunch of other new offerings. BYD Han appears to be most popular model in this price range now.

some info here on the blade battery for Tesla.

More info on Denza D9. I can see Denza model taking a large bite out of both BMW and Tesla Model Y demand.
D9 has over 20,000 pre-orders. 25% EV and 75% DM-i
30% 2W drive, 70% 4W drive

Customers are 30% BMW customers, 30% existing BYD customers, 40% are customers with Van/or 6/7 seat SUV.
Estimate no more than 5% customers that don't go forward with their pre-orders.

300+k market in 2021 was a 3 million car market, with 50% SUV, 42.5% Sedan and 7.5 MPV. MPV market is growing, sedan is decreasing.
Denza is looking to reach 20% market share. 600k+ a year would be a pretty ambitious total for Denza. It would be larger than Tesla and NIO in this segment.

D9 will start delivery in August with about 3000 DM-i version. EV start in November.

Expect a medium sized SUV and medium to large SUV released under Denza brand this year. So 3 models in the 300 to 600k RMB segment.
I've been waiting for over a decade to get a BYD EV in the US... just something practical, I like the Song Max.
 
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