New Energy Vehicles (NEVs) in China

tphuang said:

It's also very important to consider that BYD will lower price once it starts operating local plant. That significantly reduces transportation issue, tariffs and the rest. We've seen that recently they were able to do so in Thailand.

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In regards to this point, does it make sense for BYD to operate an Australian based factory? Raw materials will be exceedingly easy to come by, although it'll also need to contend with some of the highest labour costs in the world.

The current Australian government is pushing for a "made in Australia" industrial revival, so I would not be surprised they would welcome Chinese investment/subsidise such a venture.

tankphobia said:

In regards to this point, does it make sense for BYD to operate an Australian based factory? Raw materials will be exceedingly easy to come by, although it'll also need to contend with some of the highest labour costs in the world.

The current Australian government is pushing for a "made in Australia" industrial revival, so I would not be surprised they would welcome Chinese investment/subsidise such a venture.

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Nope. Raw materials by themselves are useless. Australia has no refinery industry nor car components industry. Everything has to be imported. The cost will be much much higher than imported EVs.
Aussies can threaten tariffs, but that simply limit their choices without any benefits since no one else manufactured cars there.

From this week's registrations:

Summary of registrations. Big week across the board vs last week. Sales are up


Top PHEV models


Top BEV models

CrazyHorse said:

Christ that’s expensive. If they’re planning to sell in Canada (where they are far less likely to trust a Chinese vehicle) they need to watch the price.

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You can always lower the price if response is not as per expectation, customers dont mind it. But starting with low price and then trying to increase doesnt usually doesnt sit well with customers. There is no need for race to the bottom.

4Runner said:

My observation is that Xpeng should either merge with likes of VW SAIC or go with HW ADAS. It is really in an awkward position at the moment. On the left there is NIO for pure electric; on the right there is LI Auto for plugin hybrid; on top there is BYD; on luxury segments with self-driving there are HW ADAS 4界 plus Avatr.

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Xpeng has outbursts of brilliance from time to time, surging up in sales on good value cars, but overall lacks consistency (maybe due to this very undercutting - people buy xpeng when their relative value is good, brand name or corporate styling doesn't carry them really).

Still, they did indeed manage to cut below their opponents several times in the past - and MONA seems to be their best undercutter yet.

Sinodefense tried to send the trio to the auction, and expected all 3 of them be gone by 2023/24/25. I'd say - let them do that they do. If things or market turn ugly - market will eat them, but for now - all 3 are still with us.

phrozenflame said:

You can always lower the price if response is not as per expectation, customers dont mind it. But starting with low price and then trying to increase doesnt usually doesnt sit well with customers. There is no need for race to the bottom.

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It doesn't matter if it "doesn't sit well". Price creep is an inevitability and consumers generally accept it. It's about value, not sticker price. I'm just saying this as it applies to the Western consumer, which is where BYD is clearly hoping to eventually sell.

BYD does not represent good value to the average consumer in the West and one of the chief reasons for that is price. If BYD disagrees, they're welcome to communicate that through advertising. I am totally good with buying a BYD vehicle, but ~100% of shoppers haven't spent the last few months on SDF with an open mind, lurking threads, and absorbing information. So I don't blame them at all for being skeptical.

Xpeng M03 doing well so far


CATL in commercial vehicle sector


BYDE saw revenue grow 40% YoY


Denza D9 RHD version rolling off production line

Have you seen any good comparisons between Chinese LIDAR-less assisted-driving vs. with LIDAR?

my summary of BYD earnings call

Wuling XingGuang S has been launched. It is what it is. price okay, but BYD will probably match them with Song Pro DM-i.