But Apple still has a larger market cap than tesla. So wrecking Apple has even more effects on US shareholders. This will make the clowns think twice about banning Huawei.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
But Apple still has a larger market cap than tesla. So wrecking Apple has even more effects on US shareholders. This will make the clowns think twice about banning Huawei.
I was more generous, while you are brutal
But you are absolutely right.
BYD has signed phase 2 agreement with Fuzhou, Jiangxi gov't at Nanchang.
It's not clear to me what the eventual size of the production will be once fully ramped, but previous rumors were 350k a year in total. I think it's possible they will go higher than that since they are already going to be up to 20k per month sometimes later this year with just phase 1.
It's not clear to me what the eventual size of the production will be once fully ramped, but previous rumors were 350k a year in total. I think it's possible they will go higher than that since they are already going to be up to 20k per month sometimes later this year with just phase 1.
With October sales, we are seeing more evidences of which automakers are struggling and which are improving. Keep in mind that anything below 10k is basically irrelevant
LeapMotor at just 7k for October
XPeng at just 5k
NIO at 10k. They claim production slow down due to COVID controls
LiAuto at 10k.
So far, all these automakers are going in the wrong direction. You do not want to be seeing sales decline in October after making promises of increased production levels earlier in the year.
Aito (Huawei) at 12k
Their numbers are up from 10k in Aug/Sep. However, the fact they were the first to cut prices after Tesla did is not a good sign for their sales prospect.
Hozon/Neta at 18k
about flat yoy if i remember correctly.
Again, most of these automakers aren't doing great. AITO is likely going to see increased sales here because they are building that new factory, but this generally is the affect of BYD increasing production. Sure, legacy automakers suffer, but the weaker domestic players will also suffer.
LeapMotor at just 7k for October
XPeng at just 5k
NIO at 10k. They claim production slow down due to COVID controls
LiAuto at 10k.
So far, all these automakers are going in the wrong direction. You do not want to be seeing sales decline in October after making promises of increased production levels earlier in the year.
Aito (Huawei) at 12k
Their numbers are up from 10k in Aug/Sep. However, the fact they were the first to cut prices after Tesla did is not a good sign for their sales prospect.
Hozon/Neta at 18k
about flat yoy if i remember correctly.
Again, most of these automakers aren't doing great. AITO is likely going to see increased sales here because they are building that new factory, but this generally is the affect of BYD increasing production. Sure, legacy automakers suffer, but the weaker domestic players will also suffer.
broadsword
Brigadier
Rooting for Huawei
From the famous 3 startups at NEV, I think NIO is the strongest. Li Auto and Xpeng struggle more.
Guangxi Bossco has signed agreement with PT.YONG QING INDUSTRY of Indonesia. This is for cooperation on recovery and recycling of used lithium-ion batteries and battery waste. the Indonesian gov't has been very vocal about desire to get further up the value chain. They have the large Nickel deposit. So it looks like Chinese companies are working with them in this area.