New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
We already had a Chinese government state champion foundry. Grace Semiconductor. It was a failure. It is now part of HLMC.
SMIC succeeded thanks to, you know, actually caring about their customers.
The government needs to invest into the tools sector. The Chinese foundry sector proper is doing just fine.
dude, I literally posted this news already on this page.
okay sir.
This is the ongoing trend for Tesla in China. They added a lot of production capabilities and now the wait time is way down. This is still better than a lot of companies that can get enough orders to fully utilize production. However, the Tesla brand is going to loose some luster if you don't need to wait much time to get it. There is 2 options here for Tesla. They can either export even more or cut prices.
So we know that Chinese EV exports are steadily rising. Given the current economic issues, it makes sense for China to do more to make it easier for people to buy Chinese EVs. Having Chinese banks offer financing is a great way to get people in other countries hooked on to Chinese banks. Maybe the BYD plant in Uzbekistan is about also using the China to EU rail to deliver cars to Europe without facing tariffs.
GAC and Dongfeng are the 2 Chinese JV partners of Honda. It makes sense for them to be part of this. But looks like CATL has now hooked onto Honda for at least the Chinese production. Next step is to have CATL supply batteries to Honda outside of China.
So, this might be a bigger deal than I originally thought. So apparently half a year ago, BYD and NIO came here to look at production facility. Now, they signed JV to produce blade battery (16 GWh a year) for JAC and Ankai I guess? Maybe the Zhejiang energy is for BESS. Ankai produces buses. The word is that this might also produce batteries for NIO. JAC and Ankai (and NIO) are based in Hefei, so the plant will probably be around there.
So we know that Chinese EV exports are steadily rising. Given the current economic issues, it makes sense for China to do more to make it easier for people to buy Chinese EVs. Having Chinese banks offer financing is a great way to get people in other countries hooked on to Chinese banks. Maybe the BYD plant in Uzbekistan is about also using the China to EU rail to deliver cars to Europe without facing tariffs.
GAC and Dongfeng are the 2 Chinese JV partners of Honda. It makes sense for them to be part of this. But looks like CATL has now hooked onto Honda for at least the Chinese production. Next step is to have CATL supply batteries to Honda outside of China.
So, this might be a bigger deal than I originally thought. So apparently half a year ago, BYD and NIO came here to look at production facility. Now, they signed JV to produce blade battery (16 GWh a year) for JAC and Ankai I guess? Maybe the Zhejiang energy is for BESS. Ankai produces buses. The word is that this might also produce batteries for NIO. JAC and Ankai (and NIO) are based in Hefei, so the plant will probably be around there.
Damn, Chinese gov should really invite ceos of SOE's to tea occasionally seems like they are having it too cozy
This here is a beautiful sight of BYD building a new factory. Happening all across China.
BYD just registered KeLe trademark. Not sure if that's another new brand for next year.
More detail from Yicai on the BYD venture with JAC.
Xiaomi's first EV will be using Hesai Lidar. another win for Chinese Lidar producer.
As we've seen NIO delivery in Q3 is very disappointing. They are now admitting to that in their earnings call, but are promising higher production rate in Q4. We will see.
Says that they can still do their development without A100. We know that NIO was looking to build a data center with A100 GPUs and Baidu. Let's see what domestic option they will pick. Maybe this sanction will finally knock down on their US market reliance.
BYD in India. In August, delivered just 44 cars (E6s) to the Indian market
However, they are rolling it into India with Atto 3 on Oct 11
As discussed previously, they are looking at a SKD plant in Chennai for Atto 3. They are opening up multiple sales/show rooms with Landmark cars.
new showroom in Delhi. The first of its kind in India. Makes sense to go hard into markets with more charging facilities.
BYD just registered KeLe trademark. Not sure if that's another new brand for next year.
More detail from Yicai on the BYD venture with JAC.
I'm assuming BYD provides the technology and the supplies to be assembled somewhere in Hefei.
Xiaomi's first EV will be using Hesai Lidar. another win for Chinese Lidar producer.
As we've seen NIO delivery in Q3 is very disappointing. They are now admitting to that in their earnings call, but are promising higher production rate in Q4. We will see.
Says that they can still do their development without A100. We know that NIO was looking to build a data center with A100 GPUs and Baidu. Let's see what domestic option they will pick. Maybe this sanction will finally knock down on their US market reliance.
BYD in India. In August, delivered just 44 cars (E6s) to the Indian market
However, they are rolling it into India with Atto 3 on Oct 11
As discussed previously, they are looking at a SKD plant in Chennai for Atto 3. They are opening up multiple sales/show rooms with Landmark cars.
new showroom in Delhi. The first of its kind in India. Makes sense to go hard into markets with more charging facilities.
supercat
Major
Nio's semi-solid-state batteries will be delayed for a few months.
The shipment of Qilin batteries will start at the end of this year, earlier than previously announced. However, it's more expensive than those of the previous generation.
Honda uses CATL batteries.
The Electric Viking talks about the competition among NEV battery makers.
This is pretty much a given at this point.
On the other hand, Wang Chuanfu is not the only one who predicts that NEV sales in China will reach 10 million (40% penetration rate) next year.
The shipment of Qilin batteries will start at the end of this year, earlier than previously announced. However, it's more expensive than those of the previous generation.
Honda uses CATL batteries.
The Electric Viking talks about the competition among NEV battery makers.
This is pretty much a given at this point.
On the other hand, Wang Chuanfu is not the only one who predicts that NEV sales in China will reach 10 million (40% penetration rate) next year.
I think a delay until 2024-2025 would be ok. If by that time you havent transitioned to EV then you deserve to die as a company
We aren't talking about the US or the EU here. If you are late by >2 years against your competition in China then you are already done off