my interview with Steve Hsu on EVs
BYD Yangwang U8 concept car
Xiaomi's design looks too derivative, too much like Tesla/Porschedetails coming out on Xiaomi Su7 today. Looks really good
Rivian is -30+%, so not crazyXPeng here's earning is terrible. Com'on, negative 6% gross margin. Awful
How many of these companies/platforms/brands will still exist in 5 years? The tech companies just want to demo their platform, and many of the car companies just have weak domestic branding, so a new brand is fresher (For example SAIC has already discussed the IM cars as potential MG cars in Europe and Australia). Geely already has 23000 brands, so really they don't need more, I would imagine that unless the Jiyue is some kind of insane success, the technology will just be rolled into the existing brands like Zeekr or LynkSo now 4 of the major tech companies have their own affiliated car brands
Xiaomi: Xiaomi auto
Huawei: Aito (with Seres), Luxeed (with Chery), Avatr (with Changan)
Alibaba: IM Motors (SAIC)
Baidu: Jiyue (with Geely)
Only missing DJI and Tencent
I wonder if there will be a new term for these companies, kind of like how there's a term for the startups Nio, Li, Xpeng (新势力)
Sea Lion is finally revealed.
Looks good tbh, I would be happy to buy Sea Lion or Song L as my first EV in coming years
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