New Energy Vehicles (NEVs) in China

phrozenflame

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Is Geely a good reliable brand? I'm looking to buy a car, wont be EV, no charging network, so ICE.

Geely, Changan, GAC, Jetour, Haval, MG are available options...I just want to have a reliable robust car, which simply works as advertised, and not have random parts break here and there, and keep it atleast for 7-8 years.

Edit: Mods, del if not the right place. Ty <3
 

Michael90

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I guess the sales were below the expectation for BYD


Looking at the previous weeks retail sales, beside one week sales were trending down week after week or keeping stable
I'm actually surprised tesla is still doing so well despite having very limited models and mostly older models(apart from the new model Y) compared to their competition. Their sales have fallen drastically in the West (U. S/Europe) but they seem to be okay in China.
 

tphuang

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WTF, isn't this a little too much? Lol. If I was a BYD recent buyer/owner, I'll be pissed so much for all the extra money I spent. Lol. Is the discount for a limited time or the new permanent price.
a lot of this is repackaged of government incentives + discounts they were already offering.

There is a huge price war going on in China. automakers aren't selling at MSRP.
 

GodRektsNoobs

Junior Member
Registered Member
Is Geely a good reliable brand? I'm looking to buy a car, wont be EV, no charging network, so ICE.

Geely, Changan, GAC, Jetour, Haval, MG are available options...I just want to have a reliable robust car, which simply works as advertised, and not have random parts break here and there, and keep it atleast for 7-8 years.

Edit: Mods, del if not the right place. Ty <3

You really can't go wrong with best selling SUV from the biggest car market in the world.
 

henrik

Senior Member
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a lot of this is repackaged of government incentives + discounts they were already offering.

There is a huge price war going on in China. automakers aren't selling at MSRP.

How many cars is BYD going to sell this year? Car sales is booming this year in China. BYD should be able to sell more than 5 million cars easily if they get all of their RoRo ships going strong. BYD stock price went down after this price discount, but this is a big buying chance.
 

Wrought

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. The industry does need consolidation, and this might be the catalyst.

That cost advantage means that when rivals cut prices, it is at the expense of fragile margins. When BYD cuts prices, it buys market share and future pricing power. Despite multiple rounds of price cuts in recent years, some as steep as 30 per cent, gross margins have continued to rise since 2021, reflecting its margin buffer. This ability to undercut rivals without sacrificing profitability marks a broader shift in the EV value proposition. Legacy automakers have priced EVs as premium products, citing technology costs and brand value. BYD’s approach challenges that assumption, leaving rivals fewer ways to justify higher prices.

Its latest round of price cuts is forcing its competitors into a corner: either match the discounts and absorb financial strain, or maintain pricing and lose volume. For weaker rivals, consolidation may become unavoidable.

There is little precedent for this level of aggressive pricing in the auto industry. But there are clear parallels with the smartphone wars of the 2010s. After 2013, smartphone hardware became commoditised and consumer expectations shifted from novelty to value. The market moved from innovation-driven growth, with more than 50 companies competing globally, to scale-driven consolidation. Brands such as LG, Sony Ericsson, Nokia, Motorola and BlackBerry, which once defined major product segments, faded quickly as margins collapsed. Only vertically integrated makers with global scale — Apple and Samsung — retained pricing power and market control.
 
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