That's part of the hype!
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
Is this VinFast EV a threat to Chinese EV brands?
Speaking of BYD and buses in India.
Their partner Olectra scored another deal for 300 buses
That is Rs 500 crore -> 5 billion rupees -> 62 million USD -> 200k per bus.
More on BYD production for July
Xi'an 60k+ (aiming for 70k)
Changsha Yuhua 30+k
Changsha xingsha 10+k (tang)
Shenzhen 26k (Han)
Changzhou 20+k (mainly Yuan+, 700 a day)
Hefei - ramp up stage
Fuzhou - 12k
In total, about 160k (more than I thought), very busy.
If you look at this list, Fuzhou (jiangxi), Hefei, Changzhou and in the future (jinan and zhengzhou) and even xi'an are not places you usually would associate with auto production.
Now, if they can take over the Changsha plant of the Stellantis/GAC JV, they will be really large in Changsha.
I kind of see this as the future game plan for BYD. Wait for legacy JVs to fail and just buy out their factories. It saves a lot of money in construction cost and there is already a readily available labor force. The legacy sales numbers in China is just collapsing right.
The other thing to think about is this 200 to 300k RMB sedan segment. This is a segment they only really entered a couple of years ago with Han. Now, they are selling 26k a month. They are planning to produce another 26k Seal a month. That's well over 50k a month by the end of this year. At this pace, they are going to crowd out a lot of incumbents in the market. And keep in mind that they are only adding production because the demand is so high.
Their partner Olectra scored another deal for 300 buses
That is Rs 500 crore -> 5 billion rupees -> 62 million USD -> 200k per bus.
More on BYD production for July
Xi'an 60k+ (aiming for 70k)
Changsha Yuhua 30+k
Changsha xingsha 10+k (tang)
Shenzhen 26k (Han)
Changzhou 20+k (mainly Yuan+, 700 a day)
Hefei - ramp up stage
Fuzhou - 12k
In total, about 160k (more than I thought), very busy.
If you look at this list, Fuzhou (jiangxi), Hefei, Changzhou and in the future (jinan and zhengzhou) and even xi'an are not places you usually would associate with auto production.
Now, if they can take over the Changsha plant of the Stellantis/GAC JV, they will be really large in Changsha.
I kind of see this as the future game plan for BYD. Wait for legacy JVs to fail and just buy out their factories. It saves a lot of money in construction cost and there is already a readily available labor force. The legacy sales numbers in China is just collapsing right.
The other thing to think about is this 200 to 300k RMB sedan segment. This is a segment they only really entered a couple of years ago with Han. Now, they are selling 26k a month. They are planning to produce another 26k Seal a month. That's well over 50k a month by the end of this year. At this pace, they are going to crowd out a lot of incumbents in the market. And keep in mind that they are only adding production because the demand is so high.
Regarding BYD and so many other chinese OEM producing so many different models every year and radically different design to previous year, wouldn’t it be a headache for customers to get spare parts for repair ? Does these cars have interchangable spare parts for breaks, wheels or suspension etc? How many years would manufacturer produce those parts, before discontinuing the production? For the western consumers its all tesla and same few model of Tesla with slight modification in exterior and mostly software upgrades.
Can we please stay on topic here of nev?
To answer the question above, evs are much simpler than gas cars. So while byd is dealing with supporting many models, a lot of core technology like electric motor, batteries and chips are common.
To answer the question above, evs are much simpler than gas cars. So while byd is dealing with supporting many models, a lot of core technology like electric motor, batteries and chips are common.
supercat
Major
While Japanese auto makers ask for mommy (not my words)...
...BYD is entering South Korea:
Nio ET7, which will have a semi-solid-state battery latter this year, will entering 3 more European markets after Germany soon.
Another source predicts that China's EV penetration rate in 2023 will be more than 30%.
...BYD is entering South Korea:
Nio ET7, which will have a semi-solid-state battery latter this year, will entering 3 more European markets after Germany soon.
Another source predicts that China's EV penetration rate in 2023 will be more than 30%.
Well if you go to Korea, there are almost no Japanese cars because of cultural protectionism. We'll see if Koreans can overcome their prejudice of China and buy Chinese cars.
The Korean news came out a few weeks ago. They were talking about BYD Han to Korea. A little surprising to me at the time. It would make sense for them to do Song+ DM-i + Atto 3, dolphin, Seal.
This is from electric viking now. It's pretty obvious they are going to enter American market in 2023. But looks like someone actually reach out to Sam directly. I sounds like they plan to release different products (probably Seal, Dolphin, Atto 3, Tang, Pickup, Sports car)
The only question is how it gets spread into the market. I think the lancaster plant (which is size of 14 football fields) is not large enough for PVs. So, they will need another plant. My guess is either in West coast (for good press release + shorter transportation cost of parts) or Canada.
Get Leo and Sandy Munro involved. The former is an investor/supporter of BYD and the latter will support BYD.
Back to Japan, they are apparently looking to open 100 stores in 47 prefectures. So, this is a very well funded attack on the Japanese market. BYD is bringing out the big guns in its announcement over the next few months.
This is from electric viking now. It's pretty obvious they are going to enter American market in 2023. But looks like someone actually reach out to Sam directly. I sounds like they plan to release different products (probably Seal, Dolphin, Atto 3, Tang, Pickup, Sports car)
Get Leo and Sandy Munro involved. The former is an investor/supporter of BYD and the latter will support BYD.
Back to Japan, they are apparently looking to open 100 stores in 47 prefectures. So, this is a very well funded attack on the Japanese market. BYD is bringing out the big guns in its announcement over the next few months.
I know that there is probably a gap in that market for BYD, but are we sure that the Japanese are going to buy its cars?
Last I remember, Japanese are ultra-nationalists with what brand they are buying their cars from, never mind that they are now being asked to buy Chinese cars. I would really like to believe, but I am very sceptical on BYD selling cars there