broadsword
Brigadier
That's a diesel truck engine, but ICEs for trucks are going to be around longer than those for passenger cars anyway. My beef is that engine is using Bosch components. The fuel injection is probably made by them.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
That's a diesel truck engine, but ICEs for trucks are going to be around longer than those for passenger cars anyway. My beef is that engine is using Bosch components. The fuel injection is probably made by them.
I can't seem to find the precise test video on Bilibili, but Geely Hi-X and BYD Xiaoyun have lower fuel consumption than Toyota hybrids, and GWM Lemon DHT managed to roughly score a tie. Chery Kunpeng e+ is worse than the previous 4, and Changan Blue Core iDD was worst of the bunch. Dongfeng passenger cars are basically a joke, to the point that nobody even bother to do video reviews on them.
broadsword
Brigadier
That's astoundingly impressive!
Yup I remember that as well. I think it was a test by dongchedi or something
I'm referring to normal ICE engines, not PHEV engines which this test is referring to
Well, there really isn't much of point in pure ICE engines anymore. Even the traditional automakers are betting big into hybrids.
Chinese firms now have a whopping 40% of global EV market share. In fact closer to 42% since Volvo belongs to Geely.
Also seems to confirm that outside of Tesla, the US has nobody. Germany will probably be the most serious competitor to China as far as I can see. Tesla is impressive but it isn't as far ahead as it used to be and the Americans have nobody else. SK does pretty well.
The major underperformers: Japan, France, Italy, Spain...
Also seems to confirm that outside of Tesla, the US has nobody. Germany will probably be the most serious competitor to China as far as I can see. Tesla is impressive but it isn't as far ahead as it used to be and the Americans have nobody else. SK does pretty well.
The major underperformers: Japan, France, Italy, Spain...
What if Trumpchi buys them out at some point?
I guess you have a relative or a stake in GAIC? I am just kidding.
Evengrande boss spent a fortune investing in the EV theme. I read about 2 years ago before his real estate empire blowing up that, he had invested some $60B in the EV theme. Many of his partners were German medium-size automotive companies. My impression was that he forged a similar path to EV as LeTV Jia did. I don't think any top Chinese EV maker would pay a market price for his EV plays.
Also GAIC is an interesting entity. It bursted out the Chinese auto industry due to successful JVs with Honda and Toyota. But in terms of indigenous capabilities, it is way behind SAIC, GW, etc. Not even mentioning BYD. It actually would make sense to me if the Guangdong/Shenzhen governments simply hand over all local car manufacturing facilities to BYD, for free. That actually would push Guangdong to be an automotive superpower sooner rather than later.
Update on the production prowess of BYD. This is just the planned capacity of factories that we know about.
Xi'an 900k from 3 phases
Shenzhen 350k
Changsha 950k form 3 phases
Changzhou 400k from 2 phases
Fuzhou 350k from 2 phases
Hefei 1.32 million from 3 phases
Zhengzhou 1 million from 2 phases
Jinan 300k
Thailand 150k
Other speculation of plans
Shenzhen 600k more (based on the announced of parts factory for 600k cars)
XiangYang 300k (based on announced of parts factory for 300k cars)
Nanning 300k (already signed up the land)
Uzebekistan 150k (signed deal already, this is an estimate)
In total, this would be at annualized run rate of 7 million a year by probably end of 2024.
Battery production
Huizhou 2 Gwh
Shenzehn 14 Gwh
Xining 24 Gwh
Xi'an 70 Gwh
BiShan 55 Gwh
Changsha 20 Gwh
Guiyang 40 Gwh
too many to list.
The person who put this together got combined 718 GWh for BYD's own production + JVs with FAW and Jiangwei. Looks like they will challenge CATL from #1 by 2024.
This is impressive. BYD can just build things faster than anyone else.
Xi'an 900k from 3 phases
Shenzhen 350k
Changsha 950k form 3 phases
Changzhou 400k from 2 phases
Fuzhou 350k from 2 phases
Hefei 1.32 million from 3 phases
Zhengzhou 1 million from 2 phases
Jinan 300k
Thailand 150k
Other speculation of plans
Shenzhen 600k more (based on the announced of parts factory for 600k cars)
XiangYang 300k (based on announced of parts factory for 300k cars)
Nanning 300k (already signed up the land)
Uzebekistan 150k (signed deal already, this is an estimate)
In total, this would be at annualized run rate of 7 million a year by probably end of 2024.
Battery production
Huizhou 2 Gwh
Shenzehn 14 Gwh
Xining 24 Gwh
Xi'an 70 Gwh
BiShan 55 Gwh
Changsha 20 Gwh
Guiyang 40 Gwh
too many to list.
The person who put this together got combined 718 GWh for BYD's own production + JVs with FAW and Jiangwei. Looks like they will challenge CATL from #1 by 2024.
This is impressive. BYD can just build things faster than anyone else.
Someone summed up the current situation with Tesla and BYD in China.
It's obvious that Tesla's China order book is shrinking quickly. The Shanghai giga production went up very quickly and the order grew too slowly. There are too much competition in Model 3/Y space for Tesla to continue to charge this much. Doesn't mean Tesla will lose money. It just needs to make less per car in order to sell them. The Shanghai giga produces cars cheaper than any of their other factories. Which means, they can lower their prices there and still get very high margins.
BYD is a real problem for everyone in China. It is growing so much faster than anyone else. Huawei might be scaling up quickly, but it just can't compete BYD here.
If BYD actually gets to 280k cars sold by December, 4 million in 2023 is in the very low end of what it could do. 5 million is even achievable. Also, they are only able to increase production because they are selling so much. BYD Seal is now at 80k orders on hand. And we already discussed that they have 700k orders on hand.
At this rate, they will not only be selling/doing JVs on batteries with other automakers, but also selling electric motor technology, PHEV technology and auto chips. They could become the largest auto chip producer in the world at the rate they are expanding.
Just this year alone, BYD has put a 360k 8-inch wafers per year foundry into operation in Shandong
and more recently a 500k 8-inch wafers per year foundry into operation in Changsha
I'm not sure exactly how much capacity they had at end of last year. But according to this, it only had enough capacity at end of 2021 for 100k wpm (probably mostly 6-inch wafers) to supply 1.2 million cars.
As such, adding another 70 wpm of 8-inch wafers should more than double their capacity. Even so, they will need to continue to expand to supply their auto division. And, they are likely to buy more from other local firms like Hangzhou Silan.
It has invested in SiC epitaxial wafer maker Tianyu, which makes a lot of sense if it wants to ramp up monthly production of SiC wafers
It is the only automaker in the world to design its own chips, make them with its own fabs, package them and then install them in its cars.
It's obvious that Tesla's China order book is shrinking quickly. The Shanghai giga production went up very quickly and the order grew too slowly. There are too much competition in Model 3/Y space for Tesla to continue to charge this much. Doesn't mean Tesla will lose money. It just needs to make less per car in order to sell them. The Shanghai giga produces cars cheaper than any of their other factories. Which means, they can lower their prices there and still get very high margins.
BYD is a real problem for everyone in China. It is growing so much faster than anyone else. Huawei might be scaling up quickly, but it just can't compete BYD here.
If BYD actually gets to 280k cars sold by December, 4 million in 2023 is in the very low end of what it could do. 5 million is even achievable. Also, they are only able to increase production because they are selling so much. BYD Seal is now at 80k orders on hand. And we already discussed that they have 700k orders on hand.
At this rate, they will not only be selling/doing JVs on batteries with other automakers, but also selling electric motor technology, PHEV technology and auto chips. They could become the largest auto chip producer in the world at the rate they are expanding.
Just this year alone, BYD has put a 360k 8-inch wafers per year foundry into operation in Shandong
and more recently a 500k 8-inch wafers per year foundry into operation in Changsha
I'm not sure exactly how much capacity they had at end of last year. But according to this, it only had enough capacity at end of 2021 for 100k wpm (probably mostly 6-inch wafers) to supply 1.2 million cars.
As such, adding another 70 wpm of 8-inch wafers should more than double their capacity. Even so, they will need to continue to expand to supply their auto division. And, they are likely to buy more from other local firms like Hangzhou Silan.
It has invested in SiC epitaxial wafer maker Tianyu, which makes a lot of sense if it wants to ramp up monthly production of SiC wafers
It is the only automaker in the world to design its own chips, make them with its own fabs, package them and then install them in its cars.