New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
They need to promote Chinese brands of EV as much possible. Local brands like Nio, Li Xiang and BYD are way better than Tesla, whose battery technology depends on Panasonic anyways. Besides the Tesla platform is vulnerable to US sanctions. Who knows if there are spying stuff on these Tesla cars? Maybe they can even easily deactivate the whole car.
Unless the Chinese government demands SMIC to keep supplying Huawei or SMIC got sanctioned. It doesn't look like SMIC could continue to supply Huawei. Kirin 710A was contracted last year. If Trump didn't widen the ban, Huawei would have contracted 720 in 10nm to SMIC for test production this year.
SMIC says it 'will abide by local law,' in response to US trade ban
China's Semiconductor Manufacturing International Corporation (SMIC) said it will "abide by local laws on business and operate accordingly," in response to an investor inquiry about the company's ability to produce high end chipsets for Huawei, after the US banned any company that uses US equipment from supplying Huawei.
According to sns.sseinfo.com, a public forum for investors and companies listed on the Shanghai Stock Exchange, several investors have asked the company about its ability to make the HiSilicon chipsets based on 14nm technology. Despite repeated inquiries from investors, this is the first time that SMIC has directly responded to the question.
There have been high hopes that SMIC could replace Taiwan Semiconductor Manufacturing Company (TSMC), after TSMC was restricted by the US from supplying Huawei under a ban that was expanded to cover all companies that use US equipment.
The US ban, which was introduced on May 15, said that all suppliers using US equipment have to attain a license before providing anything for Huawei. According to media reports, TSMC will have to finish all existing orders by September 14. The company is reported to have already stopped taking new orders from Huawei.
In a previous response, SMIC said it has reached mass production of the 14nm chipsets.
SMIC was recently listed in Shanghai after its Hong Kong listing. It witnessed a staggering 246 percent jump in its share price earlier in July, following its debut on Shanghai's Sci-Tech innovation board.
Global Times
It also reported that SMIC has stopped taking Huawei orders. In addition, SMIC CEO mentioned in quarterly report that the US sanctions would affect its sales to a major client. Huawei's Consumer Business Unit CEO was quoted saying Kirin couldn't be produced after September 15.
I am not saying SMIC couldn't supply chipsets to Huawei in the near future. I am saying in the short term SMIC might choose to stop taking orders from Huawei to reassess its equipment, process and the impact of the sanction before making any move. The US election would also dictate what China and SMIC would do. SMIC is at the stage of major expansion so it is understandably that it wouldn't like to be put in the entity list.
It is also likely Huawei could work with Hua Hong Semiconductor since Huahong has less to lose and more to gain to cooperate with Huawei.
"From Sept. 15 onward, our flagship Kirin processors cannot be produced," Yu said, according to Caixin. "Our AI-powered chips also cannot be processed. This is a huge loss for us."
supercat
Major
China’s Homegrown Electric Car Market Isn’t Ready to Travel
Another doom and gloom article. Very America-centric. It says China's EV makers will fail abroad because they will fail in America. I mean, I'm pretty sure the EV makers wouldn't bank on USA because USA would say Your Chinese electric vehicle is a National Security Threat. On the other hand, Europe and other regions are good places to expand, since the compact EVs that many Chinese EV manufacturers produce would suit European cities. But the article concluded that because Chinese EVs won't work well in USA, they won't be able to expand outside China. Very doom and gloom.
Even then, there are vehicles like BYD's Han and Tang with the range to travel long distances.
EV startup XPeng begins exports to Norway
BYD launches Tang electric SUV in Norway, plans expansion in Europe
Another doom and gloom article. Very America-centric. It says China's EV makers will fail abroad because they will fail in America. I mean, I'm pretty sure the EV makers wouldn't bank on USA because USA would say Your Chinese electric vehicle is a National Security Threat. On the other hand, Europe and other regions are good places to expand, since the compact EVs that many Chinese EV manufacturers produce would suit European cities. But the article concluded that because Chinese EVs won't work well in USA, they won't be able to expand outside China. Very doom and gloom.
Even then, there are vehicles like BYD's Han and Tang with the range to travel long distances.
EV startup XPeng begins exports to Norway
BYD launches Tang electric SUV in Norway, plans expansion in Europe
- It’s all going to start with the new Tang EV. The new version of the vehicle is going into production in November 2020 and customer deliveries in Norway are expected in January next year.
- The current version starts at 260,000 Yuan before incentives, which is the equivalent of $36,000 USD or 350,000 Norwegian Krones.
- It is equipped with an 82.8 kWh battery pack, which they claim is good for over 300 miles (482 km) of range on a single charge.
broadsword
Brigadier
Nio is.