New Energy Vehicles (NEVs) in China

supersnoop

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If its European workers producing those cars, it doesn't really help the Chinese economy much though. China needs to move to higher value production in factories. Car production is such a product. China should be producing 30-40% of world's car in its factories once it reaches its full potential.

Chinese brands are also selling cars in Europe with a huge profit margin right now. They can probably still have the same price but swallow the tariff out of their profit margin. China needs to gain market share as quickly as possible and gain consumer recognition and trust. That will be the key battle.

Also, I think people are focusing too much on Electric Cars but ignoring China's massive quality improvement in Ice cars as well. They r gaining market share in many countries. They r just less known as a brand and probably lack the service/sales network. But the product is equally good.

Electricity is extremely expensive in Europe due to Russia sanctions. As long as oil remains cheap, Electric cars will likely remain a niche. China is unique because of its heavy focus on charging infrastracture. But I don't think Electric cars will see that level of adoption in the next 20-30 years in most countries. All the self-driving, touch screen stuff can be and will be easily implemented in Ice cars. That will take away the cool factor of electric cars. Then it will again be a decision about cost/benefit analysis of eletric car vs Ice car. And Electric car will lose that battle as long as oil remains cheap.

Ice car will be where China gains the big market share in my opinion. It will be the hidden dark horse that surprise people in a couple of years. Just like how Electric cars from China came into limelight only this year. Chinese Ice cars will also get into big limelight in the next few years.

ICE is a dead end. BYD is already selling PHEVs at the same price range as ICE cars, that means the main downside to PHEV, cost, is not a factor. Even if the charging infrastructure is poor, fuel economy is improved.

Geely/Renault (and Nissan/Mitsubishi) are moving ahead on a JV to develop future PHEV and small displacement ICE. This will reduce costs significantly if execution is done well.
 

Bellum_Romanum

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@tphuang What's your take on this recent BloombergNEF study for their 10th annual EV publication stating an optimistic picture in terms of EV adoption in the U.S. citing lower costs of EV vehicles plus the tangible benefits coming from China primarily based on "OVERCAPACITY" and the lowering costs of EV batteries. The author also mention the level of technological innovations that's happening as well which drives the fast pace of improvements on EV vehicles etc.

 

tphuang

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@tphuang What's your take on this recent BloombergNEF study for their 10th annual EV publication stating an optimistic picture in terms of EV adoption in the U.S. citing lower costs of EV vehicles plus the tangible benefits coming from China primarily based on "OVERCAPACITY" and the lowering costs of EV batteries. The author also mention the level of technological innovations that's happening as well which drives the fast pace of improvements on EV vehicles etc.

people as usual are overly optimistic. Outside of coastal areas, the demand for EVs isn't that high in America. Even where I live on the northeast, most people are still just buying ICE cars. Charging infrastructure just isn't there.

Song L DM-i coming out soon using DM 5.0 motor
 

BoraTas

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people as usual are overly optimistic. Outside of coastal areas, the demand for EVs isn't that high in America. Even where I live on the northeast, most people are still just buying ICE cars. Charging infrastructure just isn't there.

Song L DM-i coming out soon using DM 5.0 motor
Their culture war for some reason made EVs a hate object for a substantial portion of their population. Reddit has quite a few stories of Teslas getting harassed by trucks. EV adoption in the USA will be slow. I think they might even fall behind the developing world on this.
 

supercat

Major
Chinese automakers have been preparing for the tariffs for awhile.

China’s EV Makers Saw Europe Tariffs Coming, and Many Already Have a Plan​

Faced with new hurdles, some electric-car brands open factories or form joint ventures in the continent as others withdraw

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Geely beat Tesla in May.

According to this report, BYD is quite profitable even with the increased tariff.
BYD profit in EU is 10x higher than in China and even with new 30% tariffs, still makes 5,000 USD per vehicle, report says
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Changan Deepal G318 was launched.
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supersnoop

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people as usual are overly optimistic. Outside of coastal areas, the demand for EVs isn't that high in America. Even where I live on the northeast, most people are still just buying ICE cars. Charging infrastructure just isn't there.

If you live in the Northeast and can't charge your EV in your Hamptons house or Connecticut mansion, you're doing it wrong.
 

tphuang

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If you live in the Northeast and can't charge your EV in your Hamptons house or Connecticut mansion, you're doing it wrong.
how many people do you think live in the Hamptons vs crowded appartment building areas. More importantly, when you are going on trips, what kind of supercharging availability is there?

I say this as someone btw who has a pretty good charging situation. Most people aren't as lucky
 

CMP

Senior Member
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how many people do you think live in the Hamptons vs crowded appartment building areas. More importantly, when you are going on trips, what kind of supercharging availability is there?

I say this as someone btw who has a pretty good charging situation. Most people aren't as lucky
I'm going to echo this. The charging situation is mostly shit unless you live in a lux building or detached house with adequate indoor parking. I've seen some really funky situations with detached home owners hanging charging cables over tree branches to run to their car parked out front. Looks pretty hazardous/ridiculous. Definitely nothing remotely as solid as having actual charging stations broadly available the way gas stations are. Not to mention the charging situation is utter shit for road trips outside of major cities. I am lucky I have a walkable commute and live in a fully walkable commmunity so that car ownership is purely optional. Even if that situation were to change though, I would be buying an ICE vehicle just due to the shit infrastructure availability. EVs will not become widespread here until/unless that situation changes.
 

tphuang

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