I'm from Turkey. We have customs union with EU so EU can't tariff BYD cars built in Turkey and Turkey can't tariff Europe. Therefore this is overall a great investment since the city of Manisa also has a very productive workforce due to really good infrastructure and ports. It is also widely believed that Turkey increased tariffs on imported cars from USA and China in hopes that they would build factories here.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
GAC group is getting crushed by the collapsing sales of Japanese automakers
that would makes sense
They're in the EU customs union right? So cars exported from Turkey to the EU should be duty free. It sounds like Turkey is also considering scaling back or scrapping the proposed tariffs on China made cars as well.
SAIC and GAC’s problems are just a sign of the transitional phase of the industry. Barring BYD and Geely, many of the NEV companies simply are not profitable, same problem Tesla was having at the beginning, and Rivian is having now Stateside. Nio is not profitable, XPeng is not profitable.
SAIC and GACs losses are basically to a dozen small brands. The small brands not being profitable means they won’t be able to scale up. They will have to team up with the incumbents if they cannot find an easy path to profitability (just like Leapmotor and recently Rivian).
BYD is not a template for any of these companies either. First it is not a start up, having built cars for decades already. Second, it has highly profitable business divisions (batteries and electronics) to feed itself with. Finally, it had financed a lot of growth in more favourable market conditions (2000’s).
SAIC and GACs losses are basically to a dozen small brands. The small brands not being profitable means they won’t be able to scale up. They will have to team up with the incumbents if they cannot find an easy path to profitability (just like Leapmotor and recently Rivian).
BYD is not a template for any of these companies either. First it is not a start up, having built cars for decades already. Second, it has highly profitable business divisions (batteries and electronics) to feed itself with. Finally, it had financed a lot of growth in more favourable market conditions (2000’s).
Nio, Li Auto and xpeng have all sold more cars than tesla, in their first few years of manufacturing. They all need more years for ramping up production and becoming profitable.
SK On is in huge trouble from mounting losses
I just don't see how the Koreans compete with Chinese battery makers when they are this far behind in LFP chemistry
I just don't see how the Koreans compete with Chinese battery makers when they are this far behind in LFP chemistry
I wonder if we will see more moves like this from byd. They are still quite passive on m&a
construction about to start for train station into BYD Xian factory. 2.72B RMB in this project
SteelBird
Colonel
Hi guys, not sure if it's appropriate to ask such a question here. I'm planning for my new vehicle and my criteria for the new car are:
1. A large vehicle (large vehicles are status symbol in Cambodia).
2. Low energy consumption.
3. Reasonably high tech.
I've been considering the following vehicles, Western or Japanese vehicles: Isuzu Mu-X, Nissan Terra, Ford Everest (Titanium). The best candidate here is the Ford Everest Titanium 4x4 and it costs around $75,000 but after I inspected the interior of this vehicle, I became hesitated because the build quality is simply unacceptable; toy-like plastics, illogical electronic gear lever, violent electric tailgate... more to count.
Let turn to Chinese cars which are available in Cambodia: Denza D9 (DM-i), AITO M7 (EREV), Tank 500 (gasoline). The Tank 500 disappoints me a bit when I saw the real car. I thought it should be the size of a Land Cruiser, but it is much smaller and price tag at $100K+. I love the Denza D9 a lot because of its large space and luxury interior but price is just too high at $105,000 (similar price with the Tank 500). So, I turn to the smaller M7 (RWD, non ADAS version costs $68,000). This vehicle fulfills my needs except a few points: First, it's a five-meters long vehicle but wheelbase is only 2820mm (too short for its length?), Second, it's a Huawei-backed vehicle, HarmonyOS is not compatible here, so, cannot use app like Google Maps. Finally, the brand is less known here, if one day this company suddenly close down, the vehicle will become an "orphan".
At the end, which vehicle of the above would you suggest me to buy?
PS. There's news that BYD plans to build an assembling factory in Cambodia but not sure when.
1. A large vehicle (large vehicles are status symbol in Cambodia).
2. Low energy consumption.
3. Reasonably high tech.
I've been considering the following vehicles, Western or Japanese vehicles: Isuzu Mu-X, Nissan Terra, Ford Everest (Titanium). The best candidate here is the Ford Everest Titanium 4x4 and it costs around $75,000 but after I inspected the interior of this vehicle, I became hesitated because the build quality is simply unacceptable; toy-like plastics, illogical electronic gear lever, violent electric tailgate... more to count.
Let turn to Chinese cars which are available in Cambodia: Denza D9 (DM-i), AITO M7 (EREV), Tank 500 (gasoline). The Tank 500 disappoints me a bit when I saw the real car. I thought it should be the size of a Land Cruiser, but it is much smaller and price tag at $100K+. I love the Denza D9 a lot because of its large space and luxury interior but price is just too high at $105,000 (similar price with the Tank 500). So, I turn to the smaller M7 (RWD, non ADAS version costs $68,000). This vehicle fulfills my needs except a few points: First, it's a five-meters long vehicle but wheelbase is only 2820mm (too short for its length?), Second, it's a Huawei-backed vehicle, HarmonyOS is not compatible here, so, cannot use app like Google Maps. Finally, the brand is less known here, if one day this company suddenly close down, the vehicle will become an "orphan".
At the end, which vehicle of the above would you suggest me to buy?
PS. There's news that BYD plans to build an assembling factory in Cambodia but not sure when.