Intersting to see that Israel hasnt impose heavy tarifs or even banned Cars from China due to the strong pro Palestinian position China has taken recently, if anything some Chinese companies have quite a good contract presence in Israel. . Or is there something i'm missing?There is no way you can do this with an ICE car except with Yangwang U8 briefly, which is an EREV.
EV penetration was 48.4% in June, a new record for China.
Japanese legacy automakers didn't do well in June.
Denza Z9 GT and a rebadgered Fang Cheng Bao Bao 5, which will be rebadged as a Denza, are entering European markets.
Chinese NEVs had a market share of more than 68% in the first half of 2024 in Israel.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
The business environment is completely different. Tesla grew at a time when money was printed non stop and given away (QE). Tesla was the only game in town. Investors have a lot of options now for EV investment.
Let's go back to NIO, their financial situation has already almost gone through bankruptcy being saved by the Anhui provincial government. The provincial government also owns JAC. JAC has an EV-JV with VW. VW also has EV plans with XPeng and SAIC, and is also making the ID4/Q4 at the FAW JV. So we can see just from this line that the current web of JVs is likely unsustainable and will need consolidation.
Furthermore, the continued growth of the Chinese vehicle market has created an unsustainable crap pile of brands. The EV situation has made it worse as automakers create new brands to emphasize "new-ness". For example, Geely is terrible for this creating Zeekr, Lynk and Co, RADAR, Polestar, etc. all in the last 10 years or so. All legacy automakers are rationalizing their brand portfolios. Even in the JDM market where Toyota and Honda was notorious for this, is basically becoming one or two lines. More brands = more marketing dollars spent.
There's no guarantee any EV could do that either, lol. Water pressure from submersion can easily cause ingress into non-waterproof systems.
The rule of thumb I have always used is to run the engine at least once for 15 minutes every week to keep it in good shape. Don't even need to go anywhere, just start it and let it run. Worked for many decades with many cars.
oil also needs to be imported from not very friendly countries
Has China done anything concrete enough for Israel to put tariffs on Chinese cars in relation to Palestine? lol, China and Israel have good economic cooperation mainly!
My latest piece on NEV adoption in China vs Europe
BYD with another investment in Shenzhen Shenshan factory
Stelato S9 getting unveiled, should be launched in August
average prices for Destroyer 05 and Qin+ competition dropping across the board. These foreign JVs need to go
You cannot compare prices in China with prices in Europe. Take the BYD Dolphin for example. 99,800 Yuan in China. It is 29,990 Euro in Europe.
99,800 Yuan is 12,682 Euro. So it costs 2.4x as much in Europe.
The BYD Seagull still is not available in Europe. So that is the cheapest car BYD sells in Europe I think.
In Europe electric cars still are not cheaper than gasoline ones. That is a huge difference in consumer terms.
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SteelBird
Colonel
There are several points to feedback on your comment.
1. There are many Chinese brands coming to Cambodia but very few has directly involved from factory. BYD has the most trusted dealer here, but it only emphasizes on pure EV. BYD Cambodia has Denza D9, Tang EV. The only DM-i model they bring in is the Sealion 6 (Song Plus).
2. There is another dealer where I visited for the D9 DM-i who's willing to import anything customers order. However, they only import Chinese versions, not international version of the vehicles. I feel that such a dealer is not a formal importer and less trustworthy.
3. Retail prices in Cambodia is usually retail prices in China multiplied by two.
4. Import duties for EV are cheaper in Cambodia. I have no idea how much they pay for each vehicle but Denza D9 EV FWD costs US$80,800 (before discount) while D9 DMi FWD costs USD105,000.
5. So far as I know, the Denza D9 DMi has a 40kWh battery (ignore the decimal) and claims to have 190km pure EV range CLTC. YYP (youtuber) claims that its EV range is 145km WLTP, but you cannot even get that range. The real-life range is only 100km because ICE would kick in when battery level down to 25%. You are the owner of the vehicle, you know more than me
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SteelBird
Colonel
I would take your advise for future needs. However, how do you make ICE kick-in? Dry up the battery or is there any function that can force the ICE to run?
Interesting in Cambodia the D9 EV is priced below DM-i by a big margin! Here's the China pricing from my Denza app:
I bought the 1050 DM-i with only 8000 RMB discount and extra complimentary scheduled maintenances. I don't remember any extra incentives mentioned for EV since less than 5% of Shanghai D9 sales are EVs. Unless you count the free green plate for EVs in Shanghai as a discount.
It actually makes sense to buy the EV version of D9 in Cambodia if local BYD dealer will take care of the warranty.
5. So far as I know, the Denza D9 DMi has a 40kWh battery (ignore the decimal) and claims to have 190km pure EV range CLTC. YYP (youtuber) claims that its EV range is 145km WLTP, but you cannot even get that range. The real-life range is only 100km because ICE would kick in when battery level down to 25%. You are the owner of the vehicle, you know more than me
YYP's pure EV range test results are lower than what we can get in the summer: Our drive from Shanghai office to Hangzhou hotel is about 175 kms according to Gaode Maps and usually takes 2 hours and 50 minutes. On a full charge we consistently hit 25% battery with 40 to 50 kms to go. It's mostly highway at 80-120km/h. So we can get at least 120 kms pure EV from 150 kms CLTC claimed. We have already done this trip 4 times, the EV range is consistent.