New Energy Vehicles (NEVs) in China

tphuang

tphuang

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https://twitter.com/i/web/status/1608435686159384584
The original 车fans comments are the following
这次只说市场端的两个：

第一，所有新能源品牌除比亚迪以外，普遍只完成订单任务40%左右，进店量并没有明显上升，截至本月。除理想外，所有新势力车fans预估有效订单储备量调整为1个月以下。

第二，疫情放开后，部分城市开始恢复，最明显的是四川重庆地区。其他地区我们并没有统计明显的新能源进店量恢复，尤其是同比去年。

注意：虽然比亚迪年底有明显恢复，但车fans大幅度降低对比亚迪订单储备量预估。
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I don't think this is looking good for many Chinese EV makers. The issue is weak demand due to COVID. The gov't will need to issue incentives I think.
 
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tphuang said:
BYD has signed phase 2 agreement with Fuzhou, Jiangxi gov't at Nanchang.
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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.
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https://twitter.com/i/web/status/1608798379802517504

We know more about this now. Expected to add 400k in phase 2. So over 600k a year in total. These BYD projects always end up bigger than the original estimates!
 
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alright, more report from Changchun on FAW progress
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A 30B RMB JV between FAW & Audi for NEVs (2nd photo) to start production by 2024. A 13.5B RMB JV with BYD Fudi (1st photo) to start production by 06/2023. 1st phase 15 GWh, total 45 GWh, enough for 1 million cars. They may not be fully connected. As in, I'm not sure BYD is actually supply batteries for Audi at this point, but rather for other FAW brands.
 
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this has been speculated for a while now. A MOU was signed in February, but it's taken a while to actually sign the agreement with UzAuto. It's pretty logical to be building DM-i models in Central Asia because this can supply markets in Eurasia region and West Asia that probably don't have widely available charging network.
 
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this has been speculated for a while now. A MOU was signed in February, but it's taken a while to actually sign the agreement with UzAuto. It's pretty logical to be building DM-i models in Central Asia because this can supply markets in Eurasia region and West Asia that probably don't have widely available charging network.
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Read on this a little more. BYD seems to be utilizing this JV to create products and services that work better for Central Asia and EEU countries. Also interesting they made mention of natural resources there. I wonder if this will secure certain mining rights for BYD.
 
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