New Energy Vehicles (NEVs) in China

BYD is doing huge fast charging. up to 6C average charging and 8C peak charging.


15000 charges allowed.

now with this Fortescue contract, BYD batteries will probably be on those XCMG mining equipments that get delivered.

i am going to write something on this, but good charts here from Bloomberg

tphuang said:

i am going to write something on this, but good charts here from Bloomberg

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For those who want to see the charts but can't because the article is behind a pay-wall, this thread has all the charts:

Electric Viking is a huge fan of Tesla. But his opinion about Chinese automakers often need closer scrutiny, sometimes has to be viewed with a huge pinch of salt. For example, the following clip about BYD is borderline trolling. Full closure: I didn't bother to watch it.
You should not waste your time to watch it either. Here is why, from the comment section:

• I’ve blocked ‘China Observer’ from recommendation list a while back, almost all their videos are total BS
• If you watch 'China Observer', you should be ashamed of yourself.
• I remember not long ago, China Observer mentioned there was no EV demand in China. They claimed that all the cars were purchased by the government and then discarded.
• Why did you quote China Observer as your source? It's like quoting Gordon Chang and Serpentza as China experts...LOL.
• Well accoding to china observer, china has collapsed a few times this month alone
• Obviously that channel is either funded by the NED or has its hand in the US $1.6 billion cookie jar.

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SERES super factory

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supercat said:

For those who want to see the charts but can't because the article is behind a pay-wall, this thread has all the charts:

https://twitter.com/i/web/status/1861547977375875306

Electric Viking is a huge fan of Tesla. But his opinion about Chinese automakers often need closer scrutiny, sometimes has to be viewed with a huge pinch of salt. For example, the following clip about BYD is borderline trolling. Full closure: I didn't bother to watch it.

You should not waste your time to watch it either. Here is why, from the comment section:

Click to expand...

Is "China Observer", like not falun gong affiliate?

supercat said:

For those who want to see the charts but can't because the article is behind a pay-wall, this thread has all the charts:

https://twitter.com/i/web/status/1861547977375875306

Electric Viking is a huge fan of Tesla. But his opinion about Chinese automakers often need closer scrutiny, sometimes has to be viewed with a huge pinch of salt. For example, the following clip about BYD is borderline trolling. Full closure: I didn't bother to watch it.

You should not waste your time to watch it either. Here is why, from the comment section:

Click to expand...

I watched it. He actively disproves the china observer videos and says they don’t know what they are talking about. Electric Viking loves Tesla but is a cheerleader for Chinese EVs. Hes just very pro EV. The guy who really is against Chinese EVs is this Norwegian Thai EV poster Bjorn. He actually lumps all Chinese cars together and often is very biased against them in he’s videos, calls them “crappy Chinese cars”. Of course he’s is Tesla’s biggest fanboy.

New Denza N9 interior video, very spacious

supercat said:

For example, the following clip about BYD is borderline trolling.

Full closure: I didn't bother to watch it.

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Here's a transcript of the conclusion for the video you didn't bother to watch:

So is BYD a risk? Well, it doesn't seem so to me whatsoever. Above most other metrics, I think it's important to track how fast earnings per share are actually growing.

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Now as you, can see BYD's earnings per share continue to rise. And therefore it appears to me if you combine this with BYD's strong balance sheet and its growing car sales, it's growing at a historic pace along with its growing battery business and also its ability to sell electric cars at a profit alongside Tesla --- which is something that no other automakers have yet been up to do.

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It seems to me that this whole idea that BYD could potentially become the next Evergrande is entirely fictional and has been fabricated by a YouTuber in order to get you to click. Let me know what you think though, in the comments below.

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tphuang said:

There is no ADAS here in America outside of a couple of guys in Bay Area.

Most likely what happens is that European automakers use Chinese tech stack for EVs, including Lidar and auto chips. VW is already fully committed to Horizon partnership.

in general for ADAS, using EVs is better because fully electric systems react faster. But no reason you can't install it on ICE cars.

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I think one thing that is kind of telling is that Waymo/Google has gone from Western cars to a customized Zeekr, though we don't know who the LIDAR supplier is.

It seems that ADAS on ICE cars seems dead-ended after the intro of the LIDAR A8 in 2018 and LIDAR S-Class in 2022. That being said, they are both Euro companies that were looking to EU mandates on EV migration (which may be slowing)

vincent said:

Cost. EVs are clean sheet designs in which lots of functions are concentrated in a few control systems instead of tons of MCUs spreading all over the vehicle. Adopting ADAS means redesigning the entire ICE vehicle from the ground up.

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From the sounds, you are referring to the migration towards Zonal architecture vs. Domain architecture? Are all Chinese EVs adopting Zonal architecture? It seems most are, since many have OTA software updates, but might not necessarily be the case? Actually as I understand, VW is still using domain architecture and actually needed Rivian's help to develop a zonal car.

I don't understand all the technical details, but as I understand it, zonal architecture will only have one main "server", so the software can be updated centrally. In a traditional domain based system, since each system has its own MCU, then you can't just download an update OTA (unless you gave each system it's own modem).

Technical segue aside, if the march towards EVs for western automakers stalls, then they might just go through such a drastic change anyway just to keep up.

A thread and article talk about China's "overcapacity", one of the big problems is to compare old (not even current) production rate to anticipated year-end capacity.

There is at least one major problem here with calculating utilization in both these cases.

The biggest one is timing mismatch between the numerator (actual output) and the denominator (capacity).

Both take a historical output number and compare it to a forward capacity figure.

For example, the article takes the "11 million" figure for 2024 and compares it to year-end forecast capacity of 20.2 milion to calculate 54.5%.

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