New Energy Vehicles (NEVs) in China

tphuang

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I'm removing off topic posts

BYD expected to hit minimum target of 3.6 million if sales are constant at 330k per month for the rest of the year

I think with Qin L and Seal 06, it's going to hit 4 million this year
not that easy. Problem is that sales are down this year. First half of the year hasn't been great

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BYD current trajectory really doesn't affect Tesla all that much. It's an attack on legacy ICE

BYD vs Tesla doesn't make sense at this point, since they only compete on a very small segment
 

tphuang

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Sany seeing huge oversea sales

在三一重起宁乡产业园,随着国际市场需求的扩大,海外产品的销售比重已显著上升,从去年的50%增长到今年的70%,且呈现出持续上涨的趋势。生产订单已排至年底,为了满足日益增长的生产需求,三一重起积极投入技改与智能化设备,提升生产效率与产品质量。
reaching 70% of their sales total now, that seems hard to believe

今年1-4月份,企业销售额达到32亿元,同比增长20%。欧洲和北美市场销售表现尤为突出,同比增长高达120%。在全路面起重机品类中,尽管原先以欧洲品牌为主导,但在1-4月,三一依然实现了50%的同比增长。
sales to Europe and north America 120% from Jan to April

1-5月份,18号厂房接待了1500批次外宾,同比上涨40%。
From Jan to May, 18th factory had 1500 outside guests, up 40% YoY
 

interestedseal

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While domestic sale volume of passenger vehicles in 2023 remained below 2018 peak, total sale value increases by more than 15%.

2024 average price of passenger car sold increased by 30% from five years ago, which is pretty significant considering the sharp price drops due to the price wars.

Question: is this consumption upgrading or declining purchasing power of lower income people in China?
 

vincent

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While domestic sale volume of passenger vehicles in 2023 remained below 2018 peak, total sale value increases by more than 15%.

2024 average price of passenger car sold increased by 30% from five years ago, which is pretty significant considering the sharp price drops due to the price wars.

Question: is this consumption upgrading or declining purchasing power of lower income people in China?
What kind of proofs are you looking for?
 

tphuang

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BYD unveils 12V LFP starter battery that is huge improvement over lead acid battery

BYD delivering 200 Seals in India in mega delivery event, 1000 orders so far

BYD's second 9200 CEU PCTC has started construction

From BYD on expansion in Caribbeans

BYD Explorer No 1 arriving in Brazil
 
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