Yadea in Vietnam is a huge success and a good model for BYD having long term presence there for EVs
BYD still has to compete against vinfast which is supported by Vietnam.
Yadea in Vietnam is a huge success and a good model for BYD having long term presence there for EVs
One thing though, Unlike Japan and Korea who tune their car suspensions to Australian and NZ driving conditions, China has yet to feel the need to do so .Most Australians and NZders preder a stiffer suspension which matches their roads and handling preferences.
Although it seems that China's auto industry turned the table in merely 2-3 years, it's actually the result of the endeavour of a generation. It probably started with a letter from Qian Xuesen in 1992, and the rest is history.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.
In 1992, a letter was delivered to then Vice Premier of China, Zhou Jiahua, suggesting that China's automotive industry should skip the gasoline and diesel stages and directly transition to the stage of new energy with less environmental pollution. The letter summarized the feasibility of using battery technology for cars and proposed that China organize efforts to leapfrog and achieve a leading position in the automotive industry.
America’s 100% tariffs on Chinese EVs: bad policy, worse leadership
The U.S. Should Stop Playing the Victim Over China Trade
Washington can accept reality and shift strategies.
Of course he is totally not bias.Unless an efficient battery recycling ecosystem can be established, used EV batteries will cause environmental problems in 8-10 years down the line. However, large scale battery swapping can mitigate the problem significantly.
The tariffs are being put there to basically save overpriced EVs. The reality is that EV in the US and the West in general are basically high price luxury cars, the lack of EV infrastructure is already dampening adoption and on top the traditional car makers are looking any excuse in the playbook to stop making EVs because is really no profitable to them. The threat that a cheap EV like the BYD one could have forced Tesla but more special traditional US car makers to produce cheaper EVs and invest more in EV infrastructure.Although it seems that China's auto industry turned the table in merely 2-3 years, it's actually the result of the endeavour of a generation. It probably started with a letter from Qian Xuesen in 1992, and the rest is history.
Here is the daily scary story about Chinese EVs in the Western media.
However, even some Western commentators start to realize the reality of the US regime's trade war against the Chinese EV supply chain.
Unless an efficient battery recycling ecosystem can be established, used EV batteries will cause environmental problems in 8-10 years down the line. However, large scale battery swapping can mitigate the problem significantly.
Here is one of the reasons why the West's EV industry can't keep up with China's.The tariffs are being put there to basically save overpriced EVs. The reality is that EV in the US and the West in general are basically high price luxury cars, the lack of EV infrastructure is already dampening adoption and on top the traditional car makers are looking any excuse in the playbook to stop making EVs because is really no profitable to them. The threat that a cheap EV like the BYD one could have forced Tesla but more special traditional US car makers to produce cheaper EVs and invest more in EV infrastructure.
"In January, China’s CATL, the world’s largest battery manufacturer, slashed the price of its iron-based battery cells 40% below the global industry average. Western battery industry veterans told me at the time that the price had to be a one-off promotion for CATL’s best customers. It was not possible to make money at such prices, they said.
Today, CATL is still advertising the cells at about $56 per kilowatt hour—and it’s become the going rate in China for large lithium-iron-phosphate batteries used in buildings, according to multiple firms that track battery prices, compared with $95/kWh outside China; an electric vehicle battery using LFP would be roughly $10/kWh more. And China’s most efficient battery manufacturers are making a profit on the price, with average costs of $45/kWh, according to InfoLinkConsult, a Taiwan-based renewable energy research firm.
As they did in January, many Western battery industry hands dismiss the LFP price as reflective of a brutal battery and EV price war in China, and not of the real costs of making the batteries. But they should worry: The LFP business may be evidence that the Chinese battery sector is repeating a phenomenon that has roiled industry after industry—so altering the economics of a product that most Western rivals are unable to compete, and are driven out. Cheaper than nickel-led batteries favored by major non-Chinese carmakers, LFP is the standard in China, used in the majority of Teslas, and is fast becoming more popular in the West."
Besides the infrastructure, I can say that another thing is that the electricity prices are really high now in Europe, soon the 'shields' are starting to end, and the prices will go even higher. I think in terms of cost right now driving EV is not much different than Ice cars, in China cost of driving EV is peanuts. These Polish guys live in China, they both have Chinese EV and say how cheap the driving is. One guy bought the fastest version of Xiaomi Su7The tariffs are being put there to basically save overpriced EVs. The reality is that EV in the US and the West in general are basically high price luxury cars, the lack of EV infrastructure is already dampening adoption and on top the traditional car makers are looking any excuse in the playbook to stop making EVs because is really no profitable to them. The threat that a cheap EV like the BYD one could have forced Tesla but more special traditional US car makers to produce cheaper EVs and invest more in EV infrastructure.