New Energy Vehicles (NEVs) in China

supersnoop

Major
Registered Member
I saw an interesting article in Road and Track which I cannot find again to link to it, if you are interested you can search for it.
It raised an interesting point that most of the American EV industry is actually fraud.
Canoo, Workhorse, Lordstown Motors, Nikola, all basically fraud companies.
It also mentioned Byton (Chinese fraud company)

This is interesting because if we look at US EV startups actually putting out products, it is basically only Tesla (sorry @FairAndUnbiased, some products are real, even if not ALL of them)
In China, there are quite a few startup companies with REAL products, XPeng, Nio, Li Auto, BYD (Kind of).
Makes you wonder, how much actual innovation is happening in the US (EV) industry, vs. smoke, mirrors, and financial games when it comes to the vaunted "startup innovation culture"
 

FairAndUnbiased

Brigadier
Registered Member
I saw an interesting article in Road and Track which I cannot find again to link to it, if you are interested you can search for it.
It raised an interesting point that most of the American EV industry is actually fraud.
Canoo, Workhorse, Lordstown Motors, Nikola, all basically fraud companies.
It also mentioned Byton (Chinese fraud company)

This is interesting because if we look at US EV startups actually putting out products, it is basically only Tesla (sorry @FairAndUnbiased, some products are real, even if not ALL of them)
In China, there are quite a few startup companies with REAL products, XPeng, Nio, Li Auto, BYD (Kind of).
Makes you wonder, how much actual innovation is happening in the US (EV) industry, vs. smoke, mirrors, and financial games when it comes to the vaunted "startup innovation culture"
BYD is the real thing. They're an old industrial company that makes car parts, electrical products and semiconductors. They sell commercial vehicles which doesn't get tricked by marketing. Maybe not a startup but definitely real.
 

supersnoop

Major
Registered Member
BYD is the real thing. They're an old industrial company that makes car parts, electrical products and semiconductors. They sell commercial vehicles which doesn't get tricked by marketing. Maybe not a startup but definitely real.
Yeah, I did mean the start up part.

BYD is kind of in between start up and established company. The automotive side is more than 10 years old at this point. So it is not "new", but no history like GM/VW/Toyota, not even Hyundai.

Since they entered the market somewhat prematurely, the battery tech was not yet ready. This meant manufacturing traditional ICE-only cars for a while even though the plan was always NEV cars.
 

Tyler

Captain
Registered Member
I saw an interesting article in Road and Track which I cannot find again to link to it, if you are interested you can search for it.
It raised an interesting point that most of the American EV industry is actually fraud.
Canoo, Workhorse, Lordstown Motors, Nikola, all basically fraud companies.
It also mentioned Byton (Chinese fraud company)

This is interesting because if we look at US EV startups actually putting out products, it is basically only Tesla (sorry @FairAndUnbiased, some products are real, even if not ALL of them)
In China, there are quite a few startup companies with REAL products, XPeng, Nio, Li Auto, BYD (Kind of).
Makes you wonder, how much actual innovation is happening in the US (EV) industry, vs. smoke, mirrors, and financial games when it comes to the vaunted "startup innovation culture"
It looks like Lucid and Rivian are real EV companies.
 
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