New Energy Vehicles (NEVs) in China

henrik said:

It is not just about geopolitics. It is about potentially being treated like Xiaomi and Honor, which were robbed of their profits.
For BYD investments India, are they required to hire locals as ceo and then reveal their trade secrets?

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Yet China continues to export large amount of stuff to India and most companies are paid in the process. If you are concerned about not being able to get paid or take your money out, then find ways to do so.

As for revealing trade secrets, when was the last time india was able to successfully steal any technology and claim it as their own? They are still relying on Russians for su-30 help

Price reduction, as I said from the beginning, the prices for BYD cars in Europe were ridiculously high, so they sold just a few, if they want the sales need the quality/price ratio that it has in China.

yeah, lowering prices is the right thing to do as soon as they can ship out enough units

BYD updated guidance for first half, looks like pretty healthy profits in Q2 despite the price war

BASF announced a joint research center with Yangtze River Delta Physics Research Center for battery technology in solid state batteries and sodium ion batteries

BYD's Lianyubo focusing on auto division going forward

Chaser 07 rebranded as Seal DM-i. Confirmed news

tphuang said:

https://twitter.com/i/web/status/1679788880243970048

of course, I've said that for a while now. BYD has to be in India. I don't know why that's so hard for people on this forum to understand. You don't just ignore large markets because of geopolitics. It's only a $1B investment and you get to be the largest player in the market in a few years

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It has less to do with geopolitics and more to do with India being a piss poor investment environment that robs investors. Look at what happened to Xiaomi, Ford, etc. Given the current tension between China and the U.S. it should have benefitted tremendously from diverted investment, but it hasn’t, and even Foxconn is terminating their factories there.

It would be interesting to see the number for only NEV

I mean, it does have to do with geopolitics. India is a dangerous market for Chinese companies precisely due to shifting geopolitics. India is known to seize every leverage it has in any conflict. If you go up against them in any way in international politics, they'll punish your companies. It's the only country that's enacted a whole sale ban of Chinese apps - even the US hasn't done that yet.

Only Western companies can currently operate with a degree of safety in India since India is trying to position itself as the great Western ally in the 21st century; yet, they've found by now that India is an order of magnitude harder to please than China. For Chinese companies, in my view it's a "get in & get out quickly" situation, at the minimum while the BJP is in power. Hopefully BYD is smart enough to do that, having the example of Xiaomi and other Chinese companies before them.

siegecrossbow said:

It has less to do with geopolitics and more to do with India being a piss poor investment environment that robs investors. Look at what happened to Xiaomi, Ford, etc. Given the current tension between China and the U.S. it should have benefitted tremendously from diverted investment, but it hasn’t, and even Foxconn is terminating their factories there.

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Well, there is risks to every market. Many foreign companies were also outraged by china forcing them into jvs and transfer technology. But they still did it. In the end of the day, they are going to be India. They are doing ckd to save on tariffs. If it works out that they make less money this way, then they will go back to selling directly into India.

anyone have a list of brands and sub-brands under BYD? I find their market stratagy baffling with the dilution of its brand name and frankly baffling naming systems.

tphuang said:

Well, there is risks to every market. Many foreign companies were also outraged by china forcing them into jvs and transfer technology. But they still did it. In the end of the day, they are going to be India. They are doing ckd to save on tariffs. If it works out that they make less money this way, then they will go back to selling directly into India.

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Please don't pretend the risks of investing in China vs India are comparable when we both know that's simply not true.

PeoplesPoster said:

anyone have a list of brands and sub-brands under BYD? I find their market stratagy baffling with the dilution of its brand name and frankly baffling naming systems.

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It seems to be divided by market segment. YangWang is flagship, Seagull is economy/budget, Dolphin is mid end, etc. I don't find it confusing at all. It's a way to clearly delineate price and performance expectations without burdening people with model numbers or acronyms the way other brands do.