New Energy Vehicles (NEVs) in China

supercat

supercat

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broadsword said:
Wang Chuanfu's ambition a dozen years ago was to become the world's biggest carmaker by 2025. Even if he manages to become just the world's biggest EV maker, that is already an exemplary accomplishment.
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J. P. Morgan projects BYD to be the largest NEV maker by 2023, while Taylor Ogan from the Snow Bull Capital claims BYD will be one of the largest automakers among both NEV and IECV manufacturers by the end of 2025. BTW, I doubt Renault/Nissan will be one company in the future.
https://twitter.com/i/web/status/1593693308143878144

caudaceus said:
what's the characteristics of solid-state batteries especially their strength?
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Much higher energy density and shorter charging time, yet more thermal safety - however, mass production is probably still a few years away.

NiuBiDaRen said:

This Chinese EV Shows Why Western Brands Are In Trouble...​

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It also has an Euro-NCAP 5-star safety rating.

Wow, BYD has come a long way!
https://twitter.com/i/web/status/1593447603844153344

It will produce LFP batteries.

Vingroup, Gotion start building $275 million battery plant in Vietnam​

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tphuang

tphuang

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BYD announced Yuan+/Song+ DM-i this week and it was quite the announcement. I think it's important to just look at how hard they prepare to get themselves ready for a market. Australia seems to be a rare case where they got in bed with a bad dealership in EV Direct.

We know that BYD has already been in Brazil for many years with multiple factories producing buses and solar panels. More recently, it entered PV market. It has announced from the start that it will be in 100 stores by end of 2023 and 45 by end of this year. It partnered up with Saga to get there.
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As a side project, it signed up with 99 (Didi subsidiary in Brazil) for D1s in Brazilian market. It also signed with Santander to provide financing for Brazilian customers
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Since then, it has signed contract to deliver D1s for police force in Sao Paolo
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It's try to get into electric trucks and forklift market
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It's found enough demand to produce 100 Electric buses chasis for Q1 of next year. Looks like it's optimistic about local demand for electric buses with the new Lula government
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It has 2 skyrail project in Brazil (1 in Sao Paolo and the other in Salvador). They might be the only skyrail projects outside of China.
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And now, it opened up 13th dealership in Brazil. Might not have time for 45 this year, but they are building up quickly.
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I anticipate Song+ DM-i to do really well in Brazil. Charging infrastructure in Brazil is still lacking. A really fuel efficient plugin hybrid is likely to be very popular in Brazil. I'm anticipating Qin+ DM-i there next. I think they are planning to be really big in Brazil. Like India, it's a large and under developed local market with high prices and not a lot of competition.

We will find out more about factory investment, but it looks like they are acquiring space/factory from former Ford plant. If you want to get into Brazilian market, you need to build locally. They are making the investment to be successful there.
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BYD is a real business. It's not just going for flashy spots like Europe. It is actually looking to go after these big markets that are starving for NEVs. It is investing a lot of money for the infrastructure needed to do well in these markets. They will be more successful than Tesla because they are not nickel and diming. They are going to have reputation from being the largest EV maker and investing in local market. There is no way new EV makers can compete with that.
 
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tphuang

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With everything that happened this last couple of weeks (or at least what I found out), I put together a short thread on why BYD is so great and successful.
https://twitter.com/i/web/status/1594111753788719105
They are the anti-Boeing. They don't settle for short term profits. They don't care if they don't currently generate best margins, but are willing to invest, build, hire and train people to take over the entire market. Every segment of the market. It is willing to spending money to build out sales network to build its brand in markets that are not familiar with BYD. Along with title as the world's large NEV, that gives it brand recognition not available to other Chinese brands. That's how it s able to sell cars this expensively outside of China.

It's current plans for Xi'an and Shenshan car factories are just unbelievable well thought out. It is making use of the China/Europe freight train to efficiently transport its cars to Europe, since Xi'an is one of the main stops of the that rail. It is managing its own RoRo port next to Shenshan station and making use of location to effectively ship cars from there to Latin America, Australia, New Zealand, ASEAN, MENA and African countries. That is brilliant. There are a lot of experienced port management talent in Shenzhen area, since Shenzhen itself is a major port. This Shenshan port/base allows them to utilize that. Well Shanghai maybe a slightly better location, I doubt BYD will get the same land/deal with the local government there. After all, Shenzhen/Guangdong gov't is likely bending over backward to help BYD succeed. With these two main production bases, BYD can cover most of its export markets. Additional oversea plants can be supplied parts from Xi'an/Shenshan base, since both bases have large parts plants also.

As these two bases build out, they will be able to lower their cost further and make even higher margin for exports. BYD's profit margin will sky rocket over the next 3 years. It has plan to reach 10 million cars a year by 2025. They will get there and generate much higher margin than they do now.

I don't forsee BYD stopping after that. I think they will plan out new sectors that they want to get into. At certain point, they will be close to maxing out on auto sale potential. After that, they will have to discover/create new markets to continue to generate more revenue.
 
A

ansy1968

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tphuang said:
With everything that happened this last couple of weeks (or at least what I found out), I put together a short thread on why BYD is so great and successful.
https://twitter.com/i/web/status/1594111753788719105
They are the anti-Boeing. They don't settle for short term profits. They don't care if they don't currently generate best margins, but are willing to invest, build, hire and train people to take over the entire market. Every segment of the market. It is willing to spending money to build out sales network to build its brand in markets that are not familiar with BYD. Along with title as the world's large NEV, that gives it brand recognition not available to other Chinese brands. That's how it s able to sell cars this expensively outside of China.

It's current plans for Xi'an and Shenshan car factories are just unbelievable well thought out. It is making use of the China/Europe freight train to efficiently transport its cars to Europe, since Xi'an is one of the main stops of the that rail. It is managing its own RoRo port next to Shenshan station and making use of location to effectively ship cars from there to Latin America, Australia, New Zealand, ASEAN, MENA and African countries. That is brilliant. There are a lot of experienced port management talent in Shenzhen area, since Shenzhen itself is a major port. This Shenshan port/base allows them to utilize that. Well Shanghai maybe a slightly better location, I doubt BYD will get the same land/deal with the local government there. After all, Shenzhen/Guangdong gov't is likely bending over backward to help BYD succeed. With these two main production bases, BYD can cover most of its export markets. Additional oversea plants can be supplied parts from Xi'an/Shenshan base, since both bases have large parts plants also.

As these two bases build out, they will be able to lower their cost further and make even higher margin for exports. BYD's profit margin will sky rocket over the next 3 years. It has plan to reach 10 million cars a year by 2025. They will get there and generate much higher margin than they do now.

I don't forsee BYD stopping after that. I think they will plan out new sectors that they want to get into. At certain point, they will be close to maxing out on auto sale potential. After that, they will have to discover/create new markets to continue to generate more revenue.
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Sir China is decoupling and it is shown by the way the Chinese do business, strategy and investment. They may insist to have Chinese educated managers to run and operates rather than hire Western one.
 
A

AndrewS

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tphuang said:
As these two bases build out, they will be able to lower their cost further and make even higher margin for exports. BYD's profit margin will sky rocket over the next 3 years. It has plan to reach 10 million cars a year by 2025. They will get there and generate much higher margin than they do now.
Click to expand...

Have BYD publicly stated 10 million cars by 2025?

Also, I'd still rate Shenzhen as a better port location than Shanghai.

Shanghai's deepwater port is a 40km drive to an offshore island.
That's further away than Hong Kong's deepwater ports from Shenzhen

If you add the ports of Shenzhen and Hong Kong together, it is the same size as Shanghai
 
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tphuang

tphuang

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AndrewS said:
Have BYD publicly stated 10 million cars by 2025?

Also, I'd still rate Shenzhen as a better port location than Shanghai.

Shanghai's deepwater port is a 40km drive to an offshore island.
That's further away than Hong Kong's deepwater ports from Shenzhen

If you add the ports of Shenzhen and Hong Kong together, it is the same size as Shanghai
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Shanghai is a better location for shipping to America. Shenzhen is a better location for ASEAN, Australia and Africa.

if you look at the picture posted, shenshan is a little bit off Shenzhen. It looks like a new development zone similar to Shanghai Lingang.
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Shenzhen gov't is giving BYD a lot of land here to build this facility. That's more important than just the location of Shenzhen.
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Also, the port itself is 60 km quite a bit East of Shenzhen city, so shouldn't be affected as much by shipping traffic out of Shenzhen and HK port. All of these things are important for BYD. It will also allow them to manage/control shipping traffic into the entire Shenshan industrial park.

You can see BYD is like a mini version of China. It's all about long term planning, strategic acquisition, getting into important infrastructure and trying to dominate supply chain.
 
supercat

supercat

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TK3600

TK3600

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tphuang said:
BYD announced Yuan+/Song+ DM-i this week and it was quite the announcement. I think it's important to just look at how hard they prepare to get themselves ready for a market. Australia seems to be a rare case where they got in bed with a bad dealership in EV Direct.

We know that BYD has already been in Brazil for many years with multiple factories producing buses and solar panels. More recently, it entered PV market. It has announced from the start that it will be in 100 stores by end of 2023 and 45 by end of this year. It partnered up with Saga to get there.
Please, Log in or Register to view URLs content!

As a side project, it signed up with 99 (Didi subsidiary in Brazil) for D1s in Brazilian market. It also signed with Santander to provide financing for Brazilian customers
Please, Log in or Register to view URLs content!

Since then, it has signed contract to deliver D1s for police force in Sao Paolo
Please, Log in or Register to view URLs content!

It's try to get into electric trucks and forklift market
Please, Log in or Register to view URLs content!

It's found enough demand to produce 100 Electric buses chasis for Q1 of next year. Looks like it's optimistic about local demand for electric buses with the new Lula government
Please, Log in or Register to view URLs content!

It has 2 skyrail project in Brazil (1 in Sao Paolo and the other in Salvador). They might be the only skyrail projects outside of China.
Please, Log in or Register to view URLs content!

And now, it opened up 13th dealership in Brazil. Might not have time for 45 this year, but they are building up quickly.
Please, Log in or Register to view URLs content!

I anticipate Song+ DM-i to do really well in Brazil. Charging infrastructure in Brazil is still lacking. A really fuel efficient plugin hybrid is likely to be very popular in Brazil. I'm anticipating Qin+ DM-i there next. I think they are planning to be really big in Brazil. Like India, it's a large and under developed local market with high prices and not a lot of competition.

We will find out more about factory investment, but it looks like they are acquiring space/factory from former Ford plant. If you want to get into Brazilian market, you need to build locally. They are making the investment to be successful there.
Please, Log in or Register to view URLs content!

BYD is a real business. It's not just going for flashy spots like Europe. It is actually looking to go after these big markets that are starving for NEVs. It is investing a lot of money for the infrastructure needed to do well in these markets. They will be more successful than Tesla because they are not nickel and diming. They are going to have reputation from being the largest EV maker and investing in local market. There is no way new EV makers can compete with that.
Click to expand...
Does yuan+ fix the wind noise issue?
 
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