New Energy Vehicles (NEVs) in China

hifisnow

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I thought that this story was from some time ago.
But apparently, they just sued right now.

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This is just a convert to the american story. She feels she need to join in the great crusade against evil chinese to be "elevated". There are many people in the third world that are like this, "spiritual anglos", I think it is natural because of the dominant position of american media and social sites in the third world. People just want to "fit in" I guess.

BTW I have seen those "slave-like" conditions of those workers in other news. It's not flattering but that is just what a construction dormitory looks like in China which is a sentiment agreed by those very workers. If some first world country says it is unacceptable, I can somewhat try to understand, but brazil, really? sister take care of yourself first......
 

Michael90

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This is just a convert to the american story. She feels she need to join in the great crusade against evil chinese to be "elevated". There are many people in the third world that are like this, "spiritual anglos", I think it is natural because of the dominant position of american media and social sites in the third world. People just want to "fit in" I guess.

BTW I have seen those "slave-like" conditions of those workers in other news. It's not flattering but that is just what a construction dormitory looks like in China which is a sentiment agreed by those very workers. If some first world country says it is unacceptable, I can somewhat try to understand, but brazil, really? sister take care of yourself first......
I disagree with your last POINT. BYD as a new global multinational company who is now selling and present globally, as such they need to have a good standard which they apply everywhere not just for herself but even more so for her brand image globally. They are not just a local Chinese company anymore unlike in the past. So just because some malpractices won't get them in trouble in China doesn't means it will be the same in another country. Its silly to even think that way. BYD should have a uniform standard which they apply on all their plants globally and any contractor that can't meet those standards shouldn't be awarded any contract, doing so will avoid any uncessary trouble while elavating the Brands value higher globally. Engaging in such poor working conditions in their plants abroad will instead attract negative attention and tarnish the brand image of the company. So to use the excuse of having similar facilities in China without any complains is not the right one. I hope BYD learns from this and doesn't repeat the same mistake again. They need to provide their plant workers with the best facilities and working conditions especially in their plants building abroad. Afterall that doesn't cost a multi billion dollar company like them much, the difference is négligeable.
 
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Michael90

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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.
Is this price war sustainable for Chinese car companies?
I guess, it can also be a good thing, by helping eliminate many other Chinese car companies, since there just too many players in the market, need some sort of consolidation to maybe just about 10 local brands in the future. At the moment I heard there are about 200 car companies in China? If true then that's just ridiculous.
 
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tphuang

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Is this price war sustainable for Chinese car companies?
I guess, it can also be a good thing, by helping eliminate many other Chinese car companies, since there just too many players in the market, need some sort of consolidation to maybe just about 10 local brands in the future. At the moment I heard there are about 200 car companies in China? If true then that's just ridiculous.
it's obviously sustainable because most of the Chinese automakers are profitable. Why do you care so much about their profitability?

At some point, the less competitive automakers need to get absorbed.
 

supercat

Colonel
Glenn's thread about the profitability of Chinese automakers:
I can count at least 8 car companies in China that are solidly profitable on their NEV sales — of which 7 are Chinese carmakers — and at least another 4 that are breakeven or on the right trajectory.
  • Already profitable: BYD, Tesla China, Li Auto, Seres, SAIC, Chang'an, Chery, Geely
  • Breakeven or getting close in '25: Xiaomi, Xpeng, Leapmotor, GWM

According to the UBS Evidence Lab EV survey, Tesla is no longer the top choice for NEV buyers in China.
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Unlike the US regime, Israeli auto buyers have no qualms about the "security" of Chinese cars.
In the first quarter of 2025, the market share taken by Chinese-produced vehicles in Israel was the highest in all the world’s developed markets. At 25.5% of all deliveries, China’s market share in Israel was higher than in second-placed Australia, where the market share was 20% of all deliveries, in the UAE, where the Chinese market share was 14%, and in Brazil, where it was 7%. In Europe, the market share taken by Chinese vehicles in the first two months of 2025 was 4.1%, and that was after a sharp rise from the previous year.
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henrik

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Is this price war sustainable for Chinese car companies?
I guess, it can also be a good thing, by helping eliminate many other Chinese car companies, since there just too many players in the market, need some sort of consolidation to maybe just about 10 local brands in the future. At the moment I heard there are about 200 car companies in China? If true then that's just ridiculous.

The idea that there are 200 car companies in China is just some misinformation created by some detractors. They used to claim that there were 200 smartphone makers in China, which was just a ridiculous claim. Making cars is even more complicated than making smartphones.
 
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