New Energy Vehicles (NEVs) in China

Lethe

Captain
The most immediate competition for Shark PHEV in Australia will of course be the high-end ute market generally, particularly upper trims of the Ford Ranger (Wildtrak, Platinum, Raptor) which has established itself as the new benchmark for utes in the Australian market. Ford also intends to launch a Ranger PHEV here in 2025. When that happens, it will become Shark's most direct competitor.

Looking at power, payload, towing capacity and likely price, the closest match for BYD Shark PHEV that will be available on the Australian market during Shark's launch window is Ford's Ranger Raptor (3.0L V6 twin-turbo petrol with peak outputs of 292kW/583nM*, 715kg payload, 2500kg tow capacity). Notably, the Ranger Raptor is a considerably revised "sport" variant that explicitly compromises on payload and towing capacity in order to enhance off-road performance and driving dynamics via revised suspension components and the like**. It remains to be seen whether BYD Shark will have similar dynamic prowess, but as a more general purpose vehicle it seems unlikely.

Relative to upper trim Ranger variants other than Raptor, Shark is notably down on both payload (835kg vs. 912/1010kg for Platinum and Wildtrak variants respectively) and towing capacity (2500kg vs. 3500kg). I don't necessarily think those are crippling deficits, it's more an issue for the marketing department than a consequential shortfall for the majority of prospective buyers. Indeed it is often said that it is unwise if not outright irresponsible to tow at the maximum 3500kg capacity that many of these "mid-size" ICE utes (HiLux, Ranger, D-Max, etc.) are officially rated for, and the math in relation to doing so while still complying with both GVM and GCM limits is often dubious also. But nonetheless it is at least a perceptual challenge for BYD and will require the marketing department to emphasise Shark's strengths in other areas, such as the various applications of V2L capability.

* Not that it is really relevant, but Ranger Raptor is one of the few petrol-powered utes on the market here. The vast majority of utes sold in Australia, including the vast majority of Rangers, use diesel engines.
** Savagegeese has a great video on the Ranger Raptor
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supersnoop

Major
Registered Member
The most immediate competition for Shark PHEV in Australia will of course be the high-end ute market generally, particularly upper trims of the Ford Ranger (Wildtrak, Platinum, Raptor) which has established itself as the new benchmark for utes in the Australian market. Ford also intends to launch a Ranger PHEV here in 2025. When that happens, it will become Shark's most direct competitor.

Looking at power, payload, towing capacity and likely price, the closest match for BYD Shark PHEV that will be available on the Australian market during Shark's launch window is Ford's Ranger Raptor (3.0L V6 twin-turbo petrol with peak outputs of 292kW/583nM*, 715kg payload, 2500kg tow capacity). Notably, the Ranger Raptor is a considerably revised "sport" variant that explicitly compromises on payload and towing capacity in order to enhance off-road performance and driving dynamics via revised suspension components and the like**. It remains to be seen whether BYD Shark will have similar dynamic prowess, but as a more general purpose vehicle it seems unlikely.

Relative to upper trim Ranger variants other than Raptor, Shark is notably down on both payload (835kg vs. 912/1010kg for Platinum and Wildtrak variants respectively) and towing capacity (2500kg vs. 3500kg). I don't necessarily think those are crippling deficits, it's more an issue for the marketing department than a consequential shortfall for the majority of prospective buyers. Indeed it is often said that it is unwise if not outright irresponsible to tow at the maximum 3500kg capacity that many of these "mid-size" ICE utes (HiLux, Ranger, D-Max, etc.) are officially rated for, and the math in relation to doing so while still complying with both GVM and GCM limits is often dubious also. But nonetheless it is at least a perceptual challenge for BYD and will require the marketing department to emphasise Shark's strengths in other areas, such as the various applications of V2L capability.

* Not that it is really relevant, but Ranger Raptor is one of the few petrol-powered utes on the market here. The vast majority of utes sold in Australia, including the vast majority of Rangers, use diesel engines.
** Savagegeese has a great video on the Ranger Raptor
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.

IMO (so might be worth nothing), buyers that would be interested in PHEV will most likely be interested in maximizing the EV benefit. In this sense, the Shark will be the clear winner against the Ranger as the EV range will be ~100 Km vs. ~50 Km.

These buyers will also likely prefer digital features, BYD will have Apple Car Key support, so people can unlock with Apple Watch using NFC. Ford has apps, but I do not believe they support Car Key. BYD uses Apple UWB chips, not sure if this also means you can add BYD to the "Find My..." App, but it would be another nifty feature for Apple users if so.

I also agree that V2L capability is becoming more and more important to pick up buyers. In the F-150 Lightning, you can see they have an "office space".
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Many companies are also using electric tools over gas now to save on costs, so charging extra batteries is also important.

An interesting thought, Shark is using the DMO platform, which is also used by Bao 5. Bao 5 and Shark is like Bronco/Ranger. DMO is designed for off-road use, so it might be surprisingly capable. Whatever compromises made for the Shark (from the Bao) to be more general purpose, could be reversed to create a Raptor-style variant.
 

supercat

Major
An article about solid state battery - spoiler: large scale manufacturing probably will not commence neither in China nor overseas.

In Depth: EV Battery Startups Take the Driver’s Seat in Race for Solid-State​

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FAW is the seventh automaker that joined Nio's battery swap alliance, after GAC, Changan, Geely, Chery, JAC, and Lotus.
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With Biden regime's EV tariff underway, let's wait and see.
Breaking news: HiPhi saved by US company
According to breaking news HiPhi has been rescued by iAuto through a comprehensive strategic cooperation agreement. The plan sees the investment of 1 billion USD into Human Horizons, the owners of the HiPhi brand. According to a press release the deal was signed on May 10 but the news is only breaking now.
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BYD is building charging piles that are compatible with Chinese EVs in cooperation with a local company in Mexico.

The company making Mexico’s EV charging stations compatible with Chinese cars​

Vemo is investing in charging infrastructure for BYD and other Chinese EV companies.

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Lethe

Captain
A few days ago I posted about the rise of Kia in the Australian market this past decade and what Chinese brands seeking to establish themselves here can learn from that experience. Kia Australia's CEO, Damien Meredith, was recently
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on the implications of the rise of China for the Australian vehicle market. I have excerpted (and lightly edited for brevity) some sections below:

"Some projectionists are saying that China will be 40 per cent of the Australian market by the end of the decade. So six years," Mr Meredith says. "So you're left with say 700,000 sales. Now we know that Toyota won't sell 200,000 cars if that's the situation, so let's say it is 150,000. So that's 550,000 left. If (Kia) wants to do 100,000, and Hyundai wants to do 100,000, that's 350,000 left. It gets tight."

"I believe (the market) will look very, very different. I think that the mix of country-of-origin is going to change dramatically. There will be some successes, and some failures. Will it affect some of the legacy brands that are in Australia? I think probably yes. People hate the status quo changing, but guess what? It's going to change. And I think it's going to change dramatically."

So far this year, China has leapfrogged Korea to sit third on the country-of-origin list for new cars in Australia, sitting behind only Japan and Thailand. They currently account for 12.8 percent of the new-car market, a staggering climb from around one percent in 2018.

"The cycles of change are happening far quicker than they did in the '60s, '70s and '80s. You had the slow change from American to the Japanese, then you had us with Kia and Hyundai, and that took a while. And now you're seeing a rapid change with another country of origin. It's going to heat up, there's no doubt about that, and we look forward to it."

Local Kia executives also
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the implications of importing Kia vehicles to Australia from Chinese production facilities, beginning with the EV5:

The incoming all-new 2024 Kia EV5 electric mid-size SUV will be the first Chinese-built car in the Korean brand’s Australian range from its mid-year launch, following Kia Motors’ investment in a new manufacturing facility in Yancheng and an expansive proving ground at the opposite end of the country.

“Don’t be surprised if there’s other future product being looked at to transition to Chinese manufacturing,” Kia Australia product planning boss Roland Rivero told carsales. We’re definitely appreciating two different things to come from EV5: we were able to bring it to market about a year earlier than Europe, which will source from the Korean factory, and we get a head start on an ANCAP rating, which we’re going to do ourselves.”

Whereas the Korean-sourced Kia EV6 and EV9 have been severely hamstrung by supply as a result of Australia competing for allocation with legislation-bound European countries, the Chinese-sourced EV5 supply is much freer-flowing. “As an example, the Niro is a huge seller in Europe and parts of Scandinavia, and it’s therefore tough to get supply of Niro and tough to get the pricing that we might have liked,” he explained. It’s had huge success here and our fleet crew have done really well with it, but we could have sold a lot more if we’d had the supply and could have priced it accordingly.

Kia Australia chief executive Damien Meredith added: “We’ll source cars from anywhere that meets the parameters of new legislation in terms of EVs, plug-in hybrids, etc. Whether the factory is in China, South Korea or Slovakia, we’ll do what we have to.”

So Kia Australia's perspective is that China is coming to rewrite the commercial landscape, but things are still looking up for Kia themselves, in part because they plan to increasingly produce vehicles for export in China. It's an interesting juxtaposition of ideas, but not an unreasonable one. I think the most dubious aspect of Mr. Meredith's comments is the idea that Hyundai and Kia can both achieve 100k sales/yr going forward. Comparing 2014 and 2023 sales volumes, Kia has picked up an additional 48k sales/yr, but the combined Hyundai-Kia tally has only increased by 23k sales/yr, from 128k to 151k. That is to say, a considerable proportion of Kia's growth this past decade has come at the expense of Hyundai. Probably he just didn't want to get into the Hyundai vs. Kia family feud in this interview.
 
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supercat

Major
Although not an EU member yet, Turkey is a main partner of EU. They want China's help to build an EV factory ASAP. They are talking with four Chinese automakers.

Turkey Holds ‘Advanced’ Talks With BYD, Chery for EV Plants​

  • Turkey eyes deals with BYD, Chery ‘as soon as possible’
  • Industry Minister Kacir says Turkey also talking to MG, GWM
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canonicalsadhu

Junior Member
Registered Member
Didn't they put tariffs on Chinese EV brands?
It's mostly to protect their domestic EV maker Togg, which is Erdogan's pet project. I believe Togg makes batteries in a JV with Chinese company Farasis. But putting tariffs doesn't mean they don't want Chinese brands to set up local production and stimulate their EV sector - this is exactly what France and many EU countries want.
 

4Runner

Junior Member
Registered Member
Although not an EU member yet, Turkey is a main partner of EU. They want China's help to build an EV factory ASAP. They are talking with four Chinese automakers.

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This is significant development. People of my age remember how China bent over backward for attracting German and American car companies: Jeep, VW, GM, etc. Now the table has finally turned 180 degrees. Turkey is no average developing countries. Not long ago, Turkey or Iran or likes were still despising MIC products. Now Turkey is actively courting Chinese car companies. It would be more of a running joke by calling China a developing country simply because advanced auto industry and developing country is an oxymoron.
 
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