New Energy Vehicles (NEVs) in China

interestedseal

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China auto sale accounts for one third of world total auto sale in 2023 and so far in 2024. Capturing 80% of China’s sale alone (30 mil) would propel Chinese car brands to the world’s bestselling car brand by total sale volume. Currently Japanese car brands are the bestselling car brands by country of origin, selling about 23 million cars per year
 

henrik

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China auto sale accounts for one third of world total auto sale in 2023 and so far in 2024. Capturing 80% of China’s sale alone (30 mil) would propel Chinese car brands to the world’s bestselling car brand by total sale volume. Currently Japanese car brands are the bestselling car brands by country of origin, selling about 23 million cars per year

They can speed this up by exporting gasoline cars as well. The Chery 1.6T GDI is very good engine.
 

Lethe

Captain
Not a good look. BYD needs to be careful and do better...

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This is a good "user experience" article. The owner is articulate and reasonable in his criticisms, the article does not appear sensationalist or prejudiced, and BYD NZ representatives are given ample opportunity to reply.

“They have the choice. They know people have had these issues. They have a choice of controlling the narrative themselves or if they don't, they can expect someone else to take the narrative away from them."

Truth. It's critical for an emerging brand to address (and be seen to address) even minor points of friction because, in the absence of a strong local reputation, those frictions can disproportionately shape the local narrative about the brand in ways that subsequently become difficult to shift.

Yet even in this critical article, I notice something interesting...

“I cannot comment on any individual's specific cars. BYD New Zealand and BYD Global stand behind all our products,” said Willmot. “Customers can have confidence in our fully transferable six-year/150,000km bumper-to-bumper warranty.”

From BYD NZ (local distributor: Ateco):

BYD New Zealand.png

Compare this to BYD Australia (local distributor: EVDirect):
BYD Australia.png

One of these sets of conditions inspires customer confidence, and one of them undermines confidence by making it look like the brand (a) lacks confidence in the durability of its components and (b) is seeking every opportunity to deny warranty claims and will probably try to screw you over in other ways that are not immediately apparent.

This doesn't only matter for that subset of prospective customers that are engaged enough to look into the details of such things. If you have a simple, comprehensive warranty then you can advertise it as such at every opportunity, including in critical articles such as this one! Whereas with BYD Australia, you can't even get a publicity win from advertising the long battery/motor warranty because, while battery degradation is indeed a significant customer concern, when you highlight that guarantee specifically everyone's first thought is going to be "and what about the rest of the car?"
 
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supercat

Major
According to China Automotive Battery Innovation Alliance, NEV will account for 90% of China’s new car sales by 2035, with a total annual sales of 38 million units

No decoupling: if you can't beat them, join them.
Chinese auto giant Geely Holding Group and French vehicle manufacturer Renault Group launched their joint venture for hybrid and combustion powertrain systems, which generate and deliver the power that drives the vehicle, today. The factory should bring in an annual revenue of EUR15 billion (USD16 billion).
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Renault Group and Geely announce the creation of leading Powertrain Technology Company, “HORSE Powertrain Limited”

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tphuang

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tphuang

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Latest MIIT filings. Just some very interesting numbers all around. Z9GT and Bao8 will both have very large battery packs (same size as Seagull), but pretty short pure electric range. Bao8 especially is just humongous. Going to take a long time for us to move to BEV for large off road SUVs like that
 
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