Yes, and in return the US will get access to "uncommon earths", but at the same price of rare earths
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
China car market H1 tranditional automakers:
Geely has the largest growth among traditional Chinese automakers, while GWM suffered sales decrease.
China car market H1 new automakers:
Huge growth for Xpeng and Leap Motor, Xiaomi also performed well with just a single model (yu7 stated delivery in July).
| Group | Retail Sales (Units) | YoY |
| BYD | 1,492,800 | 13.80% |
| Geely | 1,077,200 | 48.40% |
| Chery | 629,100 | 8.00% |
| Changan | 620,200 | 29.00% |
| Wuling | 389,000 | 24.90% |
| GWM | 309,900 | -2.00% |
Geely has the largest growth among traditional Chinese automakers, while GWM suffered sales decrease.
China car market H1 new automakers:
| Group | Retail Sales (Units) | YoY |
| Li Auto | 208,000 | 7.70% |
| Xpeng | 179,600 | 257.70% |
| Leap Motor | 178,300 | 116.80% |
| Xiaomi | 157,300 | 524.30% |
| Seres | 147,100 | -18.40% |
| Nio | 116,700 | 34.70% |
Huge growth for Xpeng and Leap Motor, Xiaomi also performed well with just a single model (yu7 stated delivery in July).
Nio is finished. Their bet on Battery swapping didn't pay off since fast charging is now fast enough to no longer need the complicated battery swapping system. It used to be the big darling of Chinese EV companies.
You should know that both the State Grid and CATL are in the battery swapping business. The government issued industrial policies that encourage investment in battery swapping, too.
You should also know both technologies have pros and cons. At this point, they are more complementary with than competing against each others.
Super chargers can use less space but they add a a lot of stress on the power grids. Battery swapping stations on the other hand can recharge the batteries with lower current over longer and cheaper hours. The batteries on standby can work as energy storage (duh!) to meet surging power demands from sources including your favourite super chargers.
China's export in auto sector is electrifying at very rapid pace.
Nio, if I understand correctly, is without Onvo here. Overall it's still growing, at a higher retail price point than Xpeng and even Li.
Mildly speaking, too early for tombstone.
Breaking News -
Chinese Ministry of commerce announced new export control related Battery Technology..
Ministry updates Catalogue of Technologies prohibited and restricted from exports, adds battery cathode Material preparation to restricted export tech catalogue.
Battery cathode material preparation technology was newly added to the list, covering materials including lithium iron phosphate
Chinese Ministry of commerce announced new export control related Battery Technology..
Ministry updates Catalogue of Technologies prohibited and restricted from exports, adds battery cathode Material preparation to restricted export tech catalogue.
Battery cathode material preparation technology was newly added to the list, covering materials including lithium iron phosphate
BYD's full lineup cars now have car/phone link with all the domestic phone OEMs. you don't even need to download an app anymore. It will just work with your phone and BYD models.
Nio here is Nio company, including Onvo, Firefly, and Nio brand. Nio brand alone is 75k units sold, a decrease from 2024 H1 87k units. The two new brands Onvo is 32k and Firefly is 8k.
So if Onvo and Firefly are not accounted for, Nio brand also suffered sales decrease.
Here is a graph for a more detailed breakdown.
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