Bro just asking what about the Apple Car? is there any news or just vaporware.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
Leapmotor showcasing their new platform. Most of their central computational chip technology revolves around Qualcomm & NXP product. Again, this seems to indicate domestic options are behind in these areas
BYD with 8 stores in Japan now & 2 more coming. They need to add more to be competitive
more pronouncement from Indonesia about BYD building factory there. When are we going to get the official BYD news on this?
BYD with 8 stores in Japan now & 2 more coming. They need to add more to be competitive
more pronouncement from Indonesia about BYD building factory there. When are we going to get the official BYD news on this?
There's supposed to be 5000? people working on the Apple Car.
So I don't think it's vapourware, but I suspect development is taking longer than expected.
Plus it doesn't help that an Apple Car will likely struggle to match the existing technology leaders, so how will they justify a premium price?
I am fairly certain that Unisoc could design and produce whatever they needed. Instead they prefer to finance Western chip companies. The Chinese auto industry did not learn from the Western sanctions on Russia's auto sector at all.
Have to be in the same context for comparison. I am not just talking China. I was referring to the global car business. Before EV breaking out, Hyundai and Kia were already global brands. I personally witnessed their market growth in the US. Korean cars were also gaining popularity in EU and Russia, way more than Chinese ICE brands.
I was and am talking about EV transition, in China as well as on a global scale. You can pick a starting time on this EV race. For all meaningful angles, Chinese EV industry is coming up so fast and furious, this current EV race makes Korean car makers like turtles, pretty big ones if you will, but turtles nonetheless.
I have been a car nut living in the US for many many years. In the US, Tesla is EV and EV is Tesla. Look at Rivian and Lucid. They enjoyed humongous market caps in recent years. But they are still minions in comparison to their Chinese counterparts such as Nio/Xpeng/Li-Auto. They are trying in the 2nd largest car market without Chinese competition, due to political-driven market protection.
On the other hand, Chinese EV companies were born in the shadow of foreign ICE brand dominance. When the EV market just began to take shape, the Chinese government brought the EV shark, a.k.a. Tesla, to compete against them. It is in this largest and cutthroat car market that the Chinese EV companies have been striving to survive and thrive.
Fast moving forward to this date, to my trained eyes of decades in commercial competition, outside Tesla, there is no peer to the Chinese EV companies, not even close. Yes, with protected market, car companies like Hyundai and Kia could post pretty numbers in those vertical markets where Chinese EVs are practically banned. But as I said many times in the past, EV is more complex than meets the eye. Recent bad news out of Ford and GM kind of validates this observation.
In summary, marketing FUD aside, in terms of industrial and commercial competitive advantages, Tesla is the only car company that is on par with the Chinese EV makers, with all things considered.
Would most likely easier for apple to either buy nio or xpeng. Not sure if there's even a demand for apple car. Maybe a strategy like Huawei offering software solutions is more a thing for apple.
They have a good inhouse semi conductor team to design some special hardware for compute, graphics and sensor processing.
Chinese electric vehicles reshape Israeli auto market
The data released by the Israel Vehicle Importers Association in early July showed that China's BYD and Geely were the champion and runner-up of Israel's best-selling EV brands in the first half of this year. Over a third of new EVs sold in Israel during this period were subcompact crossover SUV Atto 3 produced by BYD, which has opened six sales and service centers in Israel.
"The BYD soon broke handover records after entering the Israeli market last year. It headed the list of EV brand handovers with nearly 14,000 vehicles handed over in less than a year," said Jacky Aviv, CEO of Shlomo Motors, the BYD importer in Israel.
Besides BYD and Geely, Hongqi, Cherry, Skywell, Aiways, Seres, Maxus, JAC, Leapmotor, Ora ... more and more Chinese EVs are now seen in car dealerships and on the streets in Israeli cities.
On the reasons for Chinese EVs' growing popularity in Israel, Hadar believed that Israelis' openness to innovation plays a part.
"Given that Chinese products are quite prevalent here, a Chinese car is only an extension. It's very logical if you have a Chinese smartphone or Chinese TV, so why not get a Chinese car?" he said.
Hadar said that purchasing Chinese EVs with cutting-edge technology at affordable prices is very appealing to Israeli buyers. "Chinese cars make technology more accessible and that's why we follow everything in China," he noted.
For now.
Lexus failed to kill Germans. BYD is unlikely to kill them either. Politics will ensure that.
I'd love BYD in America.
this leapmotor architecture is pretty impressive. already said to have 2 external partners. Let's wait and see who they are
Lexus was borne out of the US market, and then back-ported to Japan and the rest of the world. BBA have maintained their relative positions in the luxury because of China. I owned a Lexus LX470 in the US while some of my family members owned smaller Lexus cars in China. Lexus has never been close to BBA levels in China, and will not going to be for the foreseeable future. So just to be fair here, Lexus success is predominantly a US story, while BBA success in the last 2 decades are predominantly a China story.
BYD is not going to kill anybody. That is not their aim. BYD is simply going to be a full-stack EV solutions provider, from bottom to top and left to right.
US politics can prevent Chinese EVs form being imported, but history says it is not good at industrial policies. What I have been saying is comparative advantages in the EV business. And Chinese EV makers are going to enjoy significant comparative advantages regardless of global or local politics. In the end, those non-Chinese car companies with large enough home markets may have a better chance to survive than the likes of Hyundai, Kia, Mazda, Mitsubishi, etc.
There is no practical chance US would allow BYD in, because even dummies in DC know that BYD would make a killing ......