New Energy Vehicles (NEVs) in China

tphuang

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Hesai with new in-cabin Lidar called ET25. Very sleek. It's just amazing to see how fast technology is developing everywhere

U8 interior photo, this thing just looks amazing

BYD announcement that it's bringing Dolphin & Seal to Europe
here is weibo article about the unveiling in Barcelona
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BYD Song+ DM-i is getting evaluated by Brazilian police force
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About BYD factory in brasil. Aside from the difficulties in taking over Ford factory, some other points
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Wang Chuanfu announced an investment of BRL 10 billion for Brazil over the next three years, in addition to guaranteeing a factory in Bahia even if negotiations with Ford have not been successful. progress.
That's about a $2 billion investment. Interesting since Thailand factory only cost $500 million. So this is a very big investment
The Chinese automaker also wants to verticalize the production of the electric car.
This means carrying out everything from the production of the raw material used to the distribution of manufactured products. The company is also said to be pursuing a lithium mining project, with the intention of building a plant to produce battery-grade lithium. However, to reduce the time required, she intends to find a project that is already in advanced stages of geological research.
so sounds like BYD wants to mine lithium and process lithium

The brand's CEO also promised to invest BRL 10 billion in Brazil within the next three years. Of these, R$ 3 billion will be allocated to the industrial center of Camaçari, starting production in 18 months. The announcement promises to generate 1,200 direct jobs in Bahia, for the production of two hybrid models, including the Song Plus, which today sells for R$ 269,990.
so 30% on industrial center (that's about $600million on the car plant I think) with 2 hybrid models including Song+
 

Totoro

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Elaborate on how you think the cost of the car could be geopolitically related?

I assume you mean geopolitics beyond things like taxes, margins, transport costs etc
Ok, if that means it's ok to go into a bit off political offtopic.
At 30-38 K Euros, as we saw from that one presentation photo, Dolphin is way overpriced - IF it's meant to be price competitive with similar cars in its class. For example ID 2all from volkswagen is being redied to start from 25 K euros. Even if it ends up a bit pricier, it should still be generally in the same price bracket as dolphin, even if Dolphin gets a bit discounted. To me, those are same class cars. Similar range, power, dimensions.

We know Dolphin can be much cheaper, as it is being sold cheaper in other markets. I would dare to say that even other, higher class BYD cars marketed in Germany aren't AS expensive for their class segment as Dolphin is for its, relatively speaking.

So... the Geopolitical theory goes like this: What if there is a tacit understanding between BYD, perhaps even Chinese govt and German govt - that China (and that means BYD) is not going to do sudden tectonic shifts in european car markets. Because Europe, but Germany especially, can't really afford to lose the domestic market as well. It's already losing China's market, and if it lost a lot of domestic market, it'd directly impact german economy as a whole, as it's so much exposed to changes in automotive industry and market shares.
So perhaps BYD agreed to price their cars so they don't undercut at all. They're perhaps losing some money there, but at the same time they're keeping up the image of a luxury, quality brand. But perhaps more importantly, for China's interests overall - maybe there is also a tacit understanding that there would be no economic decoupling and that China could count on European markets in the long run.

Please understand this is just a wild what if. It's not meant to be a conspiracy theory. :)
 

supercat

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The time has indeed changed. Now it's China's auto executive talks and the foreign one takes notes.

Talking about Xpeng, they just unveiled a new platform and is aiming to cut cost by 25% so they can be profitable by 2025.
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Chery will be the 1st automaker to use CATL's sodium ion battery. CATL will also unveil the "condensed matter battery" at the Shanghai auto show next week.
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CATL to launch condensed matter battery tech at Auto Shanghai 2023​

Compared to conventional lithium-ion batteries that typically take several hours to be fully charged, condensed matter batteries can be charged much faster, typically completing a charge session in just a few minutes.
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