New Energy Vehicles (NEVs) in China

tphuang

tphuang

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Saying that Korean automakers are dominating EV sales is a rather bad take.

Anyhow, a few more things I saw.

Looks like some Dongfeng Honda models are also using BYD blade battery. This is a rather unannounced news that people found.

Regarding the Changzhou factory. It has produced 94k cars from Jan to Aug including over 20k in August. This is currently producing Yuan+ and Dolphin cars.

btw, a little bit on August production numbers. We noticeably saw collapses in sales of Li Auto and XPeng cars. There wasn't a lot of explanation given. They were surpassed by other players like Aito, Leapmotor and such. Geely and Chery are much higher onthe list. It seems to me Li Auto and XPeng are losing luster. People are tired of their old models and their newly launched models have not been ramped up. Both of them could be in trouble going forward.

I posit that as BYD goes into another gear with its production, other automakers will have a decision to make. You could be doing really well a year ago but then suddenly struggle due to the rapidly changing dynamics of the Chinese market.
 
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Overbom

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tphuang said:
Saying that Korean automakers are dominating EV sales is a rather bad take.

Anyhow, a few more things I saw.

Looks like some Dongfeng Honda models are also using BYD blade battery. This is a rather unannounced news that people found.

Regarding the Changzhou factory. It has produced 94k cars from Jan to Aug including over 20k in August. This is currently producing Yuan+ and Dolphin cars.

btw, a little bit on August production numbers. We noticeably saw collapses in sales of Li Auto and XPeng cars. There wasn't a lot of explanation given. They were surpassed by other players like Aito, Leapmotor and such. Geely and Chery are much higher onthe list. It seems to me Li Auto and XPeng are losing luster. People are tired of their old models and their newly launched models have not been ramped up. Both of them could be in trouble going forward.

I posit that as BYD goes into another gear with its production, other automakers will have a decision to make. You could be doing really well a year ago but then suddenly struggle due to the rapidly changing dynamics of the Chinese market.
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If BYD keeps growing its market share at the same pace in the Chinese market for the next 2 years, do you think its time for the Government to slap an anti-competition investigation on it (in 2025 maybe)?

By that time BYD would be a behemoth, and further expansion would essentially create a monopoly or duopoly at most in the Chinese auto market. BYD is just too good for other domestic manufacturers to compete with.

I am not saying to end it, but merely it to force it to pause further expansion in the Chinese market for a year to give some time to domestic automakers to catch up

I am not blaming BYD here, I am just viewing this from the gov's side. Literally suffering from too much success..
 
tphuang

tphuang

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Overbom said:
If BYD keeps growing its market share at the same pace in the Chinese market for the next 2 years, do you think its time for the Government to slap an anti-competition investigation on it (in 2025 maybe)?

By that time BYD would be a behemoth, and further expansion would essentially create a monopoly or duopoly at most in the Chinese auto market. BYD is just too good for other domestic manufacturers to compete with.

I am not saying to end it, but merely it to force it to pause further expansion in the Chinese market for a year to give some time to domestic automakers to catch up

I am not blaming BYD here, I am just viewing this from the gov's side. Literally suffering from too much success..
Click to expand...

Nah, BYD is too politically connected by this point. It will be far and away the largest employer in China. You really don't try to kill a golden goose like that. When you have Li Keqing visit your office and praising you right before he retires, you know the CCP leadership is fully behind your company.
 
56860

56860

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Registered Member
Overbom said:
If BYD keeps growing its market share at the same pace in the Chinese market for the next 2 years, do you think its time for the Government to slap an anti-competition investigation on it (in 2025 maybe)?

By that time BYD would be a behemoth, and further expansion would essentially create a monopoly or duopoly at most in the Chinese auto market. BYD is just too good for other domestic manufacturers to compete with.

I am not saying to end it, but merely it to force it to pause further expansion in the Chinese market for a year to give some time to domestic automakers to catch up

I am not blaming BYD here, I am just viewing this from the gov's side. Literally suffering from too much success..
Click to expand...
I believe @tphuang already covered this (or a similar topic). If other chinese companies cannot compete with BYD then that means they are simply not good enough. Their factories will be taken over by BYD to produce BYD cars and their employees will work for BYD. There is no loss of productivity here, in fact productivity is increasing because resources are being transferred from an uncompetitive enterprise to a competitive one. In any case the EV industry is still very young and CPC should definitely wait for a few years before deciding to take regulatory action. It may be the case that China's EV industry follows a similar path to its smartphone industry, where a few large players dominate the market and small players have been killed off.
 
siegecrossbow

siegecrossbow

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Overbom said:
If BYD keeps growing its market share at the same pace in the Chinese market for the next 2 years, do you think its time for the Government to slap an anti-competition investigation on it (in 2025 maybe)?

By that time BYD would be a behemoth, and further expansion would essentially create a monopoly or duopoly at most in the Chinese auto market. BYD is just too good for other domestic manufacturers to compete with.

I am not saying to end it, but merely it to force it to pause further expansion in the Chinese market for a year to give some time to domestic automakers to catch up

I am not blaming BYD here, I am just viewing this from the gov's side. Literally suffering from too much success..
Click to expand...

It might be better if the government encourages it to take the competition abroad.
 
A

AndrewS

Brigadier
Registered Member
56860 said:
I believe @tphuang already covered this (or a similar topic). If other chinese companies cannot compete with BYD then that means they are simply not good enough. Their factories will be taken over by BYD to produce BYD cars and their employees will work for BYD. There is no loss of productivity here, in fact productivity is increasing because resources are being transferred from an uncompetitive enterprise to a competitive one. In any case the EV industry is still very young and CPC should definitely wait for a few years before deciding to take regulatory action. It may be the case that China's EV industry follows a similar path to its smartphone industry, where a few large players dominate the market and small players have been killed off.
Click to expand...

It would be incredible if BYD ended up with a monopoly in China.

Once upon a time, Ford were the revolutionary and dominant automaker in the US and there were hundreds of competing automobile startups. A decade later, cars had completely replaced horses in US cities and the Big Three Automakers were the only ones left standing. Everyone else went bankrupt.

But I would expect a handful of brands to end up owning the Chinese market, similar to what we saw with Chinese smartphones.

And electric cars are smartphones on wheels.
 
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