New Energy Vehicles (NEVs) in China

H

henrik

Senior Member
Registered Member
tphuang said:
I'm actually not too comfortable with the idea of China just outright crushing German automakers. That will create a lot of anger toward Chinese automakers in Europe. We will see. I do think that Japanese automakers are in huge trouble. Toyota losing in international countries is a real concern for them.

Anyhow, more on BYD entering Netherlands.
Tang will be drivable in Netherlands by end of the year.
https://twitter.com/i/web/status/1544347689252683776

They are opening up physical stores there in September, starting with Amsterdam
https://twitter.com/i/web/status/1544320921531457536

Wang Chuanfu visiting Hefei 4S dealerships. Qin+ DM-i started production recently.
https://twitter.com/i/web/status/1544378929494073346

BYD selling more than Tesla is making news now in Western media. I think they are going to be shocked at how much BYD is going to sell in H2 of this year. I'm anticipating 1 to 1.2 million sales in the second half.
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Just crush the Japanese automakers first. That would be more pleasing.
Stock up on more byd shares.
 
escobar

escobar

Brigadier
Hendrik_2000 said:
I never thought I see the day when China export more car than Japan. But it happened now ! unbelievable but true. Automobile industry is the pillar industry of western nation supporting many ancillary industries like steel, glass, oil, plastic, machinery and service industry like auto repair, auto shop etc. With the coming revolution in BEV(Battery electric vehicle) which will be cheaper, less maintenance(less parts), no need for oil and gas. It will destroy the foundation of the prosperity of many western countries! Even now you can buy EV for les than $10,000. All it need is opening and they might have one with ever increasing gasoline price due to sanction, Chinese EV maker might have their once in hundred year opportunity to crack the western market. Just like the Japanese did after oil embargo of 1978. I witness the day of long gas line and lemon American car that change little other than chrome grille and leather interior. But gas guzzler and here come the nifty and thrifty sardine box made in Japan.

Western power didn't think strategically other than satisfying their hubris with all the sanction that they levy on Russia They in advertently destroying the foundation of their prosperity and provide opening for China to dominate one of the few pillar industry that they still have! that is what you got if you have more lawyer type running the country! They put lofty abstract ideal above practicality!
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World’s Biggest Exporters of Cars by Value
  1. Germany: US$139.1 billion (19.6% of total exported cars)
  2. Japan: $85.6 billion (12%)
  3. United States: $54.7 billion (7.7%)
  4. South Korea: $44.3 billion (6.2%)
  5. Mexico: $39.9 billion (5.6%)
  6. Spain: $33.9 billion (4.8%)
  7. Belgium: $31.8 billion (4.5%)
  8. United Kingdom: $30.2 billion (4.2%)
  9. Canada: $29.2 billion (4.1%)
  10. Slovakia: $26.8 billion (3.8%)
  11. Czech Republic: $23.4 billion (3.3%)
  12. China: $22.4 billion (3.2%)
  13. France: $20.6 billion (2.9%)
  14. Italy: $16.2 billion (2.3%)
  15. Sweden: $12.6 billion (1.8%)
The 5 leading exporters of cars during 2021 were Germany, Japan, United States of America, South Korea and Mexico. By value, that quintet of most lucrative automotive exporters generated over half (51.2%) of globally exported cars for 2021. Applying a continental lens, European countries sold the highest dollar value worth of cars exported during 2021 with shipments totaling $387.5 billion or 54.5% of international car sales. In second place were suppliers in Asia at 26% followed by North American automobile exporters at 17.4%.

Among the top exporters, the fastest-growing cars exporters since 2020 were: mainland China (up 125.3%), South Korea (up 24.4%), United States of America (up 19%) and the United Kingdom (up 13.7%).

Countries Generating Biggest Surpluses from Global Trade of Cars
  1. Japan: US$74 billion (net export surplus up 4.6% since 2020)
  2. Germany: $72.4 billion (up 28.2%)
  3. Mexico: $32.4 billion (down -4.9%)
  4. South Korea: $31.4 billion (up 33.1%)
  5. Slovakia: $24.3 billion (up 10%)
  6. Czech Republic: $18.6 billion (up 10.3%)
  7. Spain: $18.6 billion (up 5.3%)
  8. Thailand: $9.4 billion (up 31.7%)
  9. Hungary: $8.6 billion (up 6.6%)
  10. India: $5.2 billion (up 16.3%)
  11. Turkey: $2.8 billion (up 66.5%)
  12. Indonesia: $2.6 billion (up 26.7%)
  13. Sweden: $2.51 billion (down -14.6%)
  14. Romania: $2.47 billion (down -19.2%)
  15. South Africa: $2.2 billion (down -13.2%)
Countries Incurring Worst Deficits from Global Trade of Cars
  1. United States: -US$93.5 billion (net export deficit down -6.3% since 2020)
  2. China: -$26.4 billion (down -24.5%)
  3. France: -$19.7 billion (up 8.9%)
  4. Australia: -$17.3 billion (up 37%)
  5. Saudi Arabia: -$11.9 billion (up 12.4%)
  6. Switzerland: -$9.6 billion (up 1.2%)
  7. Italy: -$8.82 billion (up 7.8%)
  8. Norway: -$8.35 billion (up 48.4%)
  9. United Arab Emirates: -$7.4 billion (up 71.7%)
  10. Russia: -$6.6 billion (up 48.7%)
  11. Netherlands: -$6.4 billion (up 34.2%)
  12. Poland: -$6.2 billion (up 52.6%)
  13. United Kingdom: -$5.6 billion (down -31.6%)
  14. Taiwan: -$5.3 billion (down -3.2%)
  15. Israel: -$5.1 billion (up 22.5%)
 
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