Looking forward to Detroit, Tokyo, Seoul, Stuttgart, Munich going bust!
China must secure competitive and comparative advantage over Japan and Germany, and suck up all the industrial profits! This will build up China's middle class!
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
China must secure competitive and comparative advantage over Japan and Germany, and suck up all the industrial profits! This will build up China's middle class!
supercat
Major
Tesla 4680 is DOA??
GAC will be China's 2nd EV maker with their own battery factory.
CATL thinks that there is enough lithium supply.
Nio reaffirms (possibly upgradable) solid-state battery.
GAC will be China's 2nd EV maker with their own battery factory.
CATL thinks that there is enough lithium supply.
Nio reaffirms (possibly upgradable) solid-state battery.
Okay, it’s not a good thing for China to be that dominant in such a visible industry. But I think we will inevitably see huge shifts in auto industry. I think the Germans will be fine. They’ve shown themselves to be willing to adapt and admit where they need help. And I think it’s a good thing if VW and Benz rely on Chinese suppliers for their autonomous driving and battery technology. German politicians are now doing this tough talk of needing to be not reliant on China. Little do they know the reality. I think Ford will be fine. There is a little more details on this from pandaily.
Keep in mind that Gotion already has VW cornered, which will lead them to building factory in US to serve Rivian and VW US.
I think GM is in trouble, but their EV strategy might just end up depending on SAIC-wuling JV.
Japanese auto sector is in the one that’s going to get hit hard.
Korean one will get hit hard because their domestic market is tiny. Chinese automakers are just making so much better cars.
I got some more info on BYD’s export plans. Song+, Yuan+, Dolphin and Seal are the 4 main models they want to export. They will have to make some changes so that their cars work in export market.
There is question on why BYD has chosen Japan before North America and Europe (I guess Germany/France). The reason is that they already have large presence in Japan. They’ve introduced new bus there this year. Already have 70% of the EV bus market (about 64 orders by May 9th of this year and hopefully hit 100 by the end of 2022). They consider Japan to be the most prestigious market for other Asian countries. So if they can go into Japan and have good presence there, they will be considered to have safe and reliable product by other Asian countries. Will help their success in Malaysia, Philippines, Thailand and Indonesia. Also, Japanese EV market is quite weak with no very little local competitive alternative as of now. After all, Toyota had to recall 2700 bz4x in June because wheels might fall off!
Keep in mind that Gotion already has VW cornered, which will lead them to building factory in US to serve Rivian and VW US.
I think GM is in trouble, but their EV strategy might just end up depending on SAIC-wuling JV.
Japanese auto sector is in the one that’s going to get hit hard.
Korean one will get hit hard because their domestic market is tiny. Chinese automakers are just making so much better cars.
I got some more info on BYD’s export plans. Song+, Yuan+, Dolphin and Seal are the 4 main models they want to export. They will have to make some changes so that their cars work in export market.
There is question on why BYD has chosen Japan before North America and Europe (I guess Germany/France). The reason is that they already have large presence in Japan. They’ve introduced new bus there this year. Already have 70% of the EV bus market (about 64 orders by May 9th of this year and hopefully hit 100 by the end of 2022). They consider Japan to be the most prestigious market for other Asian countries. So if they can go into Japan and have good presence there, they will be considered to have safe and reliable product by other Asian countries. Will help their success in Malaysia, Philippines, Thailand and Indonesia. Also, Japanese EV market is quite weak with no very little local competitive alternative as of now. After all, Toyota had to recall 2700 bz4x in June because wheels might fall off!
GM has been working on their Ultium battery and they are confident it is superior to anything currently on the market. Their manufacturing partner is LG, and you can see why Ford has no alternative but to work with CATL
They will be using batteries from CATL or byd?
Even Nio has its own solid state batteries?
There is what you show on powerpoint and press releases and what you actually produce. As Tesla has experienced with the entire 4680 effort, getting large scale production of batteries up and running is not easy.
Ford has made the correct decision to get lfp batteries from catl. Long term, lg is going way down. It can't compete with the Chinese battery manufacturer on technology or costs. The only thing it has going is friend shoring pressure from politicians. Gm will loose out if it doesn't use lfp technology or the new solid battery solutions we are seeing. Yes, there are a lot of startups with promising ideas in western countries. But these ideas are not getting tested out anywhere due to lack of govt policy and domestic market. Chinese battery manufacturers have a huge advantage in r&d and local market size
Anyhow, more on the byd entrance into Japan. The importance of this should not be missed. Unlike other Chinese products getting sold in Japan, byd cars is high tech and completely produced in china. Byd is also entering Japan before they have good local product. Japanese people are very loyal to their domestic automakers. So if byd can do well there, that will really enhance their reputation. They will go all out in Japan with many local stores.
Also, I read that denza line of cars will also get exported.
I've been looking at GM's announcements on electric vehicles and for the past 6 months, they can only be described as delusional marketing speak.
The Ultium battery currently costs $145/KWh and isn't going to be in production for another 6-18 months. They're only targeting a cost reduction to $100/KWh.
BYD and CATL are already shipping lower cost batteries, with a figure of $75/KWh has previously been mentioned for BYD.
That is half the cost of the Ultium battery.
Its software industry in US that suck up the all the manpower of the world and this industry is directly related to VC/IPO/Wallstreet.
I mean how specialist has 50% increase in quantity and this just Ukraine.
firms like Ford are hardly capable of doubling its work force. Even Tesla has hard time.
