If these companies are more concerned about PR and "international" expansion then why should we care. Either build factories or sod off and sell your production facilities to serious automakers
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
Well, the latter seems to be on the verge of something with ET5. More complicated with xpeng thou
p.s. also, what's wrong with international expansion?
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supercat
Major
China is really indispensable in the Global NEV supply chain now.
I think the car ownership in the U.S. is more than 800 in each 1000 persons. China has a long way to go, despite being the world's largest auto manufacturer by far.
I think the car ownership in the U.S. is more than 800 in each 1000 persons. China has a long way to go, despite being the world's largest auto manufacturer by far.
There is nothing wrong with international expansion. The problem is with NIO itself. It is losing boat load of money and trying to take on too many adventures at the same time, because it has bought into the Wall Street hype that it is the Chinese Tesla. I also don't have sympathy for Chinese companies that continue to sign onto Nvidia chips after what the Biden admin has already banned from China and are looking into banning. Just pure stupidity.
If you just look at monthly sales, there is nothing special about NIO or XPeng.
AssassinsMace
Lieutenant General
Or another way of seeing it is the US is a saturated market while China is where all the growth is going to be.
Pre-model 3 Tesla wasn't a giant either. So I still think that ET5 thing may work.
(okay, i just like this car, i admit it)
The point of US sanctioning BYD is moot.
Wan Chuan Fu built BYD into the world's most vertically integrated car company and allowed Berkshire Hathaway 10% sake for one reason: sanction proof. Just in case you don't know, BYD even builds their own IGBT devices.
Wang Chuan Fu went in a totally different direction from Ren Zhen Fe in that
(1) Ren built Huawei into a true global company. Huawei favored US companies over local ones for supply. All were good and dandy before US sanctions. Now Huawei have to turn the ship 90 degrees.
(2) Wang Chuan Fu built BYD into a vertically integrated industrial enterprise from day one.
(3) Huawei's global revenue was on par with domestic revenue before sanctions.
(4) BYD has barely started its international drive.
(5) It would be downright stupid to claim an EV is a national security threat.
That being said, let us imaging US sanctions BYD the same way as Huawei.
(1) Tesla cannot escape. Not even Xi Jinping can find any excuse not reciprocating on Tesla.
(2) Tesla market cap is 7 times that of BYD, with lots of pension funds invested.
(3) When TSLA crashes, the collateral damages would order-of-magnitude larger than any harm BYD gets.
(4) BYD is becoming the 2nd largest battery vendor and holds patents on blade battery technologies.
(5) Warren Buffet still holds around 8% of BYD.
(6) BYD is one of few foreign companies that run a successful union-base manufacturing company in US.
(7) Without BYD, US would have to buy electric buses from other foreign companies. From Yu Tong???
(8) When news breaks out in China, all US car companies would be boycotted by people. BYD becomes a darling of Chinese identity in China nowadays. Anyone who dares buy a US branded car after would be called out in the Chinese social media (人肉搜索).
(9) I could list another 800 bullet items but you are getting my point.
Whatever you think about the US politicians, the last thing they would do is to wrack S&P500 or NASDAQ, period.
Wan Chuan Fu built BYD into the world's most vertically integrated car company and allowed Berkshire Hathaway 10% sake for one reason: sanction proof. Just in case you don't know, BYD even builds their own IGBT devices.
Wang Chuan Fu went in a totally different direction from Ren Zhen Fe in that
(1) Ren built Huawei into a true global company. Huawei favored US companies over local ones for supply. All were good and dandy before US sanctions. Now Huawei have to turn the ship 90 degrees.
(2) Wang Chuan Fu built BYD into a vertically integrated industrial enterprise from day one.
(3) Huawei's global revenue was on par with domestic revenue before sanctions.
(4) BYD has barely started its international drive.
(5) It would be downright stupid to claim an EV is a national security threat.
That being said, let us imaging US sanctions BYD the same way as Huawei.
(1) Tesla cannot escape. Not even Xi Jinping can find any excuse not reciprocating on Tesla.
(2) Tesla market cap is 7 times that of BYD, with lots of pension funds invested.
(3) When TSLA crashes, the collateral damages would order-of-magnitude larger than any harm BYD gets.
(4) BYD is becoming the 2nd largest battery vendor and holds patents on blade battery technologies.
(5) Warren Buffet still holds around 8% of BYD.
(6) BYD is one of few foreign companies that run a successful union-base manufacturing company in US.
(7) Without BYD, US would have to buy electric buses from other foreign companies. From Yu Tong???
(8) When news breaks out in China, all US car companies would be boycotted by people. BYD becomes a darling of Chinese identity in China nowadays. Anyone who dares buy a US branded car after would be called out in the Chinese social media (人肉搜索).
(9) I could list another 800 bullet items but you are getting my point.
Whatever you think about the US politicians, the last thing they would do is to wrack S&P500 or NASDAQ, period.
broadsword
Brigadier
They have Proterra and it is doing fine.
No there aren't fine. BYD keeps getting orders in America because neither Proterra nor other American companies have the ability to produce large amount of electric buses. And even if they did, they would have no chance to power them without Chinese batteries.
Supplying VinFast with batteries is going to allow a competitor to go against BYD.