That's what I'm trying to ascertain. With how dominant China is in EV supply chain I can believe 90% coming from Chinese manufacturers. It's certainly not out of the realm of possibility.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
Real question is whether the 90% is by mass or by something else.
Most likely the number of parts. Trying to calculate mass or value is a lot more complex
It will have to be latter, since a big chunk of that 90% would be produced by giga Shanghai.
I am also not sure why it matters since Tesla hires a lot of people in Shanghai and uses a very wide supply chain in china. The number of Tesla suppliers in china is huge.
By number of parts. Counting by mass doesn't make sense at all, for example easily replaceable components like window glass would count for more than high tech components like microchips.
doesn't matter.
production in China always count made in China. whether by A Chinese company or foreign company. coz it is manufacture by Chinese workforce, using local ecosystem , domestic processing materials. etc
It's quite interesting to look at what's going on in the Chinese auto market.
In the past 3 days, we've seen the following
BMW IX3 drop prices by 70k RMB. (JV with Brilliance auto in Shenyang)
Benz EQS drop prices by by 300k. (JV with BAIC)
Audi A7L drop prices by 40k. (JV with SAIC)
Now, the domestic brand market share is reaching 50%. Foreign luxury brand and JVs can no longer set prices by themselves (imo, that will be the case with Tesla very soon). There will be more major price cuts in the year ahead.
BYD's Zhengzhou plant has now started hiring for probably EOY start production
Also regarding their August production. Tang production halted for a few days for adjusting the production line, so its numbers are down vs July. Might hit 20k sales in September.
September production should be up by quite a bit (high end estimate is 220k), because Changsha's new production line will be very mature. Xi'an's new production line will also be in full swing. Also, Hefei will see huge production jump (it is aiming to have the highest throughput production line eventually in China).
Margins on oversea sales is really high. It is twice the margins on domestic sales. They will export 30k cars in Q4. So, they will seek to continue ramping up export next year.
Interesting enough, HK area apparently has 500 to 1000 Yuan+ orders. The first Yuan pro arrived in Jordan. Will export Yuan+ to India starting in Q1 2023. Will also export a lot of D1 Taxis abroad.
They will sign MOU with Thai partner in Sep 9th. The first Yuan+ will be delivered in Oct 10th.
The second oversea EV passenger factory will be established in Uzebekistan.
The word is there are 200k pre-orders from export market. No idea if this is true.
Also, looks like BYD's skyshuttle business. Already have an operational one in Chongqing Bishan line . Here is a video of this. The project just completed last year.
There is one in Zhengzhou, one in Nannning. Both seem to have been recently signed
Shenzhen Pingshan line is about to start operation soon.
There is one in Xi'an and Changsha also under construction. Wuhan and Jinan are also possibilities.
It seems like each place they open a factory, they manage to convince the local government to build a sky rail and then supply the product for it, the full supply chain, the management of it including solar power, energy storage and advertising on the sky shuttle.
Given that BYD made a big deal of mentioning this as one of their 4 top products, I figured there must be quite a lot of effort put into this and a lot of opportunities ahead.
In the past 3 days, we've seen the following
BMW IX3 drop prices by 70k RMB. (JV with Brilliance auto in Shenyang)
Benz EQS drop prices by by 300k. (JV with BAIC)
Audi A7L drop prices by 40k. (JV with SAIC)
Now, the domestic brand market share is reaching 50%. Foreign luxury brand and JVs can no longer set prices by themselves (imo, that will be the case with Tesla very soon). There will be more major price cuts in the year ahead.
BYD's Zhengzhou plant has now started hiring for probably EOY start production
Also regarding their August production. Tang production halted for a few days for adjusting the production line, so its numbers are down vs July. Might hit 20k sales in September.
September production should be up by quite a bit (high end estimate is 220k), because Changsha's new production line will be very mature. Xi'an's new production line will also be in full swing. Also, Hefei will see huge production jump (it is aiming to have the highest throughput production line eventually in China).
Margins on oversea sales is really high. It is twice the margins on domestic sales. They will export 30k cars in Q4. So, they will seek to continue ramping up export next year.
Interesting enough, HK area apparently has 500 to 1000 Yuan+ orders. The first Yuan pro arrived in Jordan. Will export Yuan+ to India starting in Q1 2023. Will also export a lot of D1 Taxis abroad.
They will sign MOU with Thai partner in Sep 9th. The first Yuan+ will be delivered in Oct 10th.
The second oversea EV passenger factory will be established in Uzebekistan.
The word is there are 200k pre-orders from export market. No idea if this is true.
Also, looks like BYD's skyshuttle business. Already have an operational one in Chongqing Bishan line . Here is a video of this. The project just completed last year.
There is one in Zhengzhou, one in Nannning. Both seem to have been recently signed
Shenzhen Pingshan line is about to start operation soon.
There is one in Xi'an and Changsha also under construction. Wuhan and Jinan are also possibilities.
It seems like each place they open a factory, they manage to convince the local government to build a sky rail and then supply the product for it, the full supply chain, the management of it including solar power, energy storage and advertising on the sky shuttle.
Given that BYD made a big deal of mentioning this as one of their 4 top products, I figured there must be quite a lot of effort put into this and a lot of opportunities ahead.
supercat
Major
Electric Viking talks about China's 60% world NEV market share in August.
Interesting diagram: the NEV penetration rate by segment in China - mini car is 100% NEV, while small car is 41%. The penetration rate for large SUV is 32%, and it's 25% and 29% for medium SUV and large car, respectively.
Interesting diagram: the NEV penetration rate by segment in China - mini car is 100% NEV, while small car is 41%. The penetration rate for large SUV is 32%, and it's 25% and 29% for medium SUV and large car, respectively.