Same time next year, we'll probably see the Shenxing 4 and Qilin 4 announcements. And just like now, they'll still be miles behind BYD in actual car models and charging stations on the ground.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
You are into the cult then . lol
How come they still dwarf BYD in global market share by a wide margin then?
Since manufacturing complete vehicles would put BYD in direct competition with its customers’ products, if the company focused solely on batteries rather than vehicles, it would undoubtedly achieve a larger scale than it has today—but it would be unable to acquire the world’s most advanced vehicle technology. This is similar to why Huawei has repeatedly and emphatically stated that it will not manufacture complete vehicles: if Huawei were to do so, other automakers would isolate it due to product competition.
While CATL still leads in raw battery market share, BYD is on another level when it comes to execution speed. Their 2nd gen Blade Battery is already hitting a wide range of price points right from launch, with even more models coming later this year. Plus, with over 5000 ultra fast charging stations already live as of early April, BYD’s pace is simply in a different league.
Sodium Ion Battery will start mass production at CATL in Q4. Comparing its costs vs LFP battery chemistries.
Because BYD is a common enemy of China's auto industry, you can see how many car manufacturers and media blacken BYD day by day. Fairly, no one likes a company that does all the supply chain of an EV like BYD, they almost do everything by themselves. The BYD media and law department is too soft when dealing with others, and most importantly, BYD cars are mostly too ugly. If you follow the car media, you will know how BYD has been dissed by others day by day, in all directions.
Satisfied BYD customer here with my Tang and Shark, once you driven an EV you won't go back to driving an ICE car. The fallout? Before the War, my Prado command a good price in the second hand market as a lot of potential buyers are lining up to outbid each other but now total silent. With diesel price at all time high and uncertainty who is foolish enough to buy an ICE car.
Nothing like a good crisis for EV adoption to shoot up. Honestly the oil shortage has done more for pushing people towards EVs than any governmental subsidy would.
Practically a gift on a silver platter after a period of uncertainty for the big players in China.
Practically a gift on a silver platter after a period of uncertainty for the big players in China.