broadsword
Brigadier
They have invested in an Israeli fast-charging battery maker and a Taiwanese solid-state battery maker.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
They have invested in an Israeli fast-charging battery maker and a Taiwanese solid-state battery maker.
If Vietnam gives vinfast a protected home market, they should survive, even if they don't take significant market share globally. Countries like Germany and France got rich on what by modern standards are absolutely tiny markets. Now the EV revolution is giving every country to build its own national champion, especially if they are integrated with the Chinese supply chain. Vietnam also isn't exactly a priority market for European manufacturers, so they should be relatively safe from competition for as long as the EV shortage lasts and the most profitable markets are preferred
Flying cars is the new fad on Chinese EV industry. Why drive when you can fly? Seems like Chinese gov't needs to set some policies here if it wants further growth in this industry.
Another interesting sedan in China. This looks like marketed in the 160 to 220k segment. So not striving to compete with Model 3 or some of the higher end stuff we've seen recently.
From Chinese social media, BYD is taking 3 models into Thailand for testing. The test vehicles are still left hand driving, but car manuals have now been translated into Thai.
Han EV
Qin DMi
Song+ DMi
Tang EV
Dolph EV
Frigate 07, DM-i SUV for Ocean series will come on the market in the 200k+ RMB segment. Should get unveiled in August.
Another interesting sedan in China. This looks like marketed in the 160 to 220k segment. So not striving to compete with Model 3 or some of the higher end stuff we've seen recently.
From Chinese social media, BYD is taking 3 models into Thailand for testing. The test vehicles are still left hand driving, but car manuals have now been translated into Thai.
Han EV
Qin DMi
Song+ DMi
Tang EV
Dolph EV
Frigate 07, DM-i SUV for Ocean series will come on the market in the 200k+ RMB segment. Should get unveiled in August.
As I said before, despite all issues, it still is a admirable move, they have visionaries there
Story of the big 3 in China
First time GM lost money in China since 1998. Obviously, Shanghai lock down hurt things, but I can only see things getting worse for GM after this.
Mary Barra continues to be clueless and have no idea how far they are behind in the Chinese EV market.
Biden and his people can keep talking about having domestic supply chain, but the environmentalists are going to fight this every step of the way.
BYD exported 1626 Yuan+ in June
That number should be higher in July.
First time GM lost money in China since 1998. Obviously, Shanghai lock down hurt things, but I can only see things getting worse for GM after this.
Mary Barra continues to be clueless and have no idea how far they are behind in the Chinese EV market.
Biden and his people can keep talking about having domestic supply chain, but the environmentalists are going to fight this every step of the way.
BYD exported 1626 Yuan+ in June
That number should be higher in July.
@tphuang I thought that the Song Max exists in pure EV form but I'm thinking I might be mistaken, would you know if it's planned?
you mean song+? All the dynasty series have pure EVs IIRC. However, Song+ DM-i is the most popular domestic PHEV. Since, they have a few couple of BEV models that are getting exported over the next couple of years, they don't need to also export Song+ EV.
If you look at Seal and Dolphin, they are both designed with export market also in mind.
That is not the correct conclusion. Back then, France and Germany did account for a much higher proportion of global economic output. Their home markets were comparatively much larger AND were amongst the highest income levels.
Here's the problem though. Vietnam doesn't have the incomes nor population to support a large diversified auto industry which is competitive.
2021 sales in Vietnam were only 300K vehicles in total for all types of car.
In comparison, a typical car factory produces 200K-300K vehicles per year of 1-2 types.
So Vietnam can't even support a single "standard-sized" car factory.
Tesla factories are even bigger and range from 500K-1200K vehicles per year.
The Vinfast factory in Vietnam has a capacity of 250K vehicles per year.
But they only sold 36K cars in 2021 and lost $1 Billion doing this. So they're only using 15% of the capacity of the factory.
Now, if Vietnam really had a really protected home market, then maybe one day Vinfast could grow large enough to be competitive.
But Vietnam is actually part of the ASEAN free trade zone and there are no import tariffs on cars from these countries.
And just next to Vietnam is Thailand which is an existing automotive hub that produces 2 million vehicles per year