New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
well here is the license registration numbers in China for the first 4 weeks of August. The production numbers for the full month should be higher than this, since there is still 3 more days and registration lags production by a little + export market + commercial vehicles and such.
Even so, the numbers are not as high as I would've expected. I mean BYD is still 25k off July's full production total. Tesla is nowhere to be found. Xpeng, NIO and LiAuto are all below 10k still.
Even so, the numbers are not as high as I would've expected. I mean BYD is still 25k off July's full production total. Tesla is nowhere to be found. Xpeng, NIO and LiAuto are all below 10k still.
I think I may have missed the part where BYD is actually supplying Tesla Model Y with structural battery pack. But this partnership is deeper than I thought. Sounds like BYD really got themselves involved here in lowering Model Y weight. If you need any proof that BYD is not afraid of Tesla competition, this should be it.
This is quite interesting. With Chinese auto market moving away from ICE cars, Sinopec is getting in on building charging infrastructure. I wonder if this is one area where they can get a leg up on competition and start exporting efficient, fast charging super chargers around the world.
This is quite interesting. With Chinese auto market moving away from ICE cars, Sinopec is getting in on building charging infrastructure. I wonder if this is one area where they can get a leg up on competition and start exporting efficient, fast charging super chargers around the world.
We are witnessing the birth of Chinese dominance in design and technology and it is happening in the auto industry first.
These are some details from BYD H1 earnings call, Q&A session
1) In July, had 29% of the market. Seal, Denza D-9 and Tang DM-p have already been launched
2) In 2023, some cars (starting with 300k+ ones) will be using Nvidia drive Hyperion platform achieving some level of smart driving.
3) for export, han ev to enter Colombia, Uruguay, Bahama, Dominican republic and Costa Rica. Will land in Brazil soon. Qin+ dmi and song+ dmi also got orders and will be shipped to Colombia.
Order book is over 700k. Had some production issues with Sichuan shutdowns and covid.
Said that a lot of new buyers, so pure ev not an option for some people. As such, dmi remains popular.
The Chinese market is much more competitive than overseas market. Byd production will reach 200k a month soon.
Byd will continue with it's dynasty and marine line of product. There is the denza brand at 340 to 600k rmb. They estimate d9 can get 10 to 15k sales a month. There is also the million rmb platform that's coming out in June 2023. It was use all new technologies. The starry sky brand currently have r1/r2/r3/r4 product in development. They are an off roader vehicle, luxury coupe, luxury SUV and sports car.
Looking to hit 10k per month for each model in their lineup. Yuan+ looking to hit 50k (including the export market). Han series will hit 30k a month.
In q2, each car made roughly 5k profit. It's about same level as saic VW in profit per car. Looking to surpass 10k in second half.
They had 6.88% market share in first half and 29% in nev.
1) In July, had 29% of the market. Seal, Denza D-9 and Tang DM-p have already been launched
2) In 2023, some cars (starting with 300k+ ones) will be using Nvidia drive Hyperion platform achieving some level of smart driving.
3) for export, han ev to enter Colombia, Uruguay, Bahama, Dominican republic and Costa Rica. Will land in Brazil soon. Qin+ dmi and song+ dmi also got orders and will be shipped to Colombia.
Order book is over 700k. Had some production issues with Sichuan shutdowns and covid.
Said that a lot of new buyers, so pure ev not an option for some people. As such, dmi remains popular.
The Chinese market is much more competitive than overseas market. Byd production will reach 200k a month soon.
Byd will continue with it's dynasty and marine line of product. There is the denza brand at 340 to 600k rmb. They estimate d9 can get 10 to 15k sales a month. There is also the million rmb platform that's coming out in June 2023. It was use all new technologies. The starry sky brand currently have r1/r2/r3/r4 product in development. They are an off roader vehicle, luxury coupe, luxury SUV and sports car.
Looking to hit 10k per month for each model in their lineup. Yuan+ looking to hit 50k (including the export market). Han series will hit 30k a month.
In q2, each car made roughly 5k profit. It's about same level as saic VW in profit per car. Looking to surpass 10k in second half.
They had 6.88% market share in first half and 29% in nev.
Lithium miners continue to make more money
Tesla model y standard version now down to under 1 month in wait time in China after the production expansion. I guess they will continue to export more of the Shanghai Giga production. They are going to have cut model y prices in China.
More from Chinese social media
BBA (BMW, Benz, Audi)'s 400k RMB market is suffering due to high gas prices. Effecting resale market. lol, this is just the beginning for ICE cars in China. These high fossil fuel prices is great for green energy transition.
A lot of them could opt for Han DM-i or Tang DM-i/p. DM-i have pure electric range of up to 250 km, which is enough range for most day to day activity. Even DM-p with 215 km range has enough range.
So, the high gas prices aren't just affecting low to medium market. The higher end market is also selling ICE cars and they have money to buy something like Denza D9 and Tang DM-p (or NIO)
Tesla model y standard version now down to under 1 month in wait time in China after the production expansion. I guess they will continue to export more of the Shanghai Giga production. They are going to have cut model y prices in China.
I commented on this part a week ago, but BYD is definitely expanding its semiconductor base. Looks like they are setting up a new base in Chengdu.
More from Chinese social media
BBA (BMW, Benz, Audi)'s 400k RMB market is suffering due to high gas prices. Effecting resale market. lol, this is just the beginning for ICE cars in China. These high fossil fuel prices is great for green energy transition.
A lot of them could opt for Han DM-i or Tang DM-i/p. DM-i have pure electric range of up to 250 km, which is enough range for most day to day activity. Even DM-p with 215 km range has enough range.
So, the high gas prices aren't just affecting low to medium market. The higher end market is also selling ICE cars and they have money to buy something like Denza D9 and Tang DM-p (or NIO)
Lol, even the dummies on CNBC are noticing the Robotaxis in China and are astounded by it.
A lot of investment and growth in AI cloud and Apollo Go robotaxi for Baidu. Again, BYD has partnered up with Baidu already on Apollo self driving platform. AI cloud and robotaxi is at least somewhat related by the AI portion of things.
We are getting to the point where fully autonomous robot axis are happening in China. This does bring a dilemma. Some cities ensure local employment with mandates that taxi drivers must be local. Not sure how comfortable they will be to have fully autonomous cabs everywhere.
It's getting pushed to many markets around China. We are getting to the point where China is basically the forefront of many technology push.
Baidu has made a lot of progress in smart driving.
Remember, they unveiled this a month ago
A lot of investment and growth in AI cloud and Apollo Go robotaxi for Baidu. Again, BYD has partnered up with Baidu already on Apollo self driving platform. AI cloud and robotaxi is at least somewhat related by the AI portion of things.
We are getting to the point where fully autonomous robot axis are happening in China. This does bring a dilemma. Some cities ensure local employment with mandates that taxi drivers must be local. Not sure how comfortable they will be to have fully autonomous cabs everywhere.
It's getting pushed to many markets around China. We are getting to the point where China is basically the forefront of many technology push.
Baidu has made a lot of progress in smart driving.
Remember, they unveiled this a month ago