New Energy Vehicles (NEVs) in China

Overbom said:

@tphuang any thoughts?

That's why people here are adamantly against investing in India. Its nothing personal, its just business. If it can't offer a fair and transparent business environment its no wonder that people are sceptical about India as a place to invest your hard-earned money and to then get it robbed by these charlatans

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My thought is that it's just $9 million even if they do get fined. But that won't stop all the people from getting upset.

BYD has sold tens of thousands of commercial vehicles already in India including that recent 2000 bus orders. if it has to deal with some unfair tax, then just charge a little more per vehicles you sell. If risks are higher, the risk premium will be higher

Look into what the charges is & try to avoid that particular charge next time.

All businesses have to assess risk here and do business accordingly.

BYD will not leave the Indian market on its own regardless of what some of you are hoping for.



Also, important to note that since this thread is about NEV rather about riskiness of doing business in India, anything additional in the wrong direction will be deleted.

VW brand Skoda is looking to use leapmotor's new EV platform according to this report

actually this is going to be FAW Jetta using Leapmotor platform

theorlonator said:

https://twitter.com/i/web/status/1686595765635022848

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It’s fleecing time!

tphuang said:

https://twitter.com/i/web/status/1686685839261122560

VW brand Skoda is looking to use leapmotor's new EV platform according to this report

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So the VW group is going to use both XPeng's and Leapmotor's EV platforms? Wouldn't it be more sensible to go with a single platform for the whole company?

zbb said:

So the VW group is going to use both XPeng's and Leapmotor's EV platforms? Wouldn't it be more sensible to go with a single platform for the whole company?

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Not to mention SAIC. VW is actually going to use 3 different platforms.

zbb said:

So the VW group is going to use both XPeng's and Leapmotor's EV platforms? Wouldn't it be more sensible to go with a single platform for the whole company?

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Nope. They have more negotiating leverage by relying on XPeng, Leapmotor, and SAIC instead of just one.

A competitor of the BYD Yangwang U8; the Mengshi 917. This SUV looks more man and more like a military vehicle.

Most FCEVs sold in July were heavy trucks, continuing the trend

BYD Atto 3 was the best selling EV model in Sweden in July for the first time.

Some of the world's largest auto makers, such as VW and Toyota, now want to tap into China's EV technologies.

Tesla still plans to make a lot of ternary batteries which require nickle and cobalt. It just signed a $11.3 billion deal with a Chinese supplier for lithium hydroxide, which is needed for making ternary lithium batteries.