Chinese Automobile and EV industry

[rockdog]

Thanks for strong EV industry and supply chain, finally the Mini production will fully shifted to China

 

[rockdog]

Because of Chinese EV industry is leading in the world, VW will invest 2B euro to have a JV with a Chinese firm.

Volkswagen to invest up to 2 bln euros in JV with China's Horizon Robotics - reports

Volkswagen to invest up to 2 bln euros in JV with China's Horizon Robotics - reports

Volkswagen plans to to invest up to 2 billion euros ($1.94 billion) in a joint venture with China's Horizon Robotics, Handelsblatt and Manager Magazin reported on Wednesday.

www.reuters.com

 

[rockdog]

Sixt To Purchase 100,000 BYD EVs For Its European Fleet By 2028

Germany company had a huge order to BYD for its EU market.

Volkswagen to invest up to 2 bln euros in JV with China's Horizon Robotics - reports

Volkswagen plans to to invest up to 2 billion euros ($1.94 billion) in a joint venture with China's Horizon Robotics, Handelsblatt and Manager Magazin reported on Wednesday.

www.reuters.com

 

[rockdog]

China is still the biggest market and manufacturer on EV & hybrid sector.

 

[rockdog]

BYD India targets 15,000 EV sales in 2023, to expand portfolio & network - ET Auto

BYD India Private Ltd: Currently, the company rolls out e6 model a multi-purpose vehicle (MPV) and in a couple of days BYD India will be launching a new model Atto3 a sport utility vehicle (SUV).

auto.economictimes.indiatimes.com

 

[rockdog]

 

[rockdog]

EV sales on Sep, the high end are dominated by local brands, not Tesla.

Unit: 10K USD, around 1.5K $USD.

 

[rockdog]

Atto 3 reveiws in India, NZ, Austrilia:

India:

New zealand

Austrilia

 

[rockdog]

Orders from overseas made BYD build it's own fleet...

BYD reportedly to order up to 8 ships for future car exports

BYD will purchase up to eight LNG dual-fuel PCTCs capable of transporting 7,700 vehicles each, which are expected to be delivered from 2025 onwards, according to the latest media reports.

cnevpost.com

 

[rockdog]

World's full size SUV sales ranking in September. Li Auto make it as top2，with average price as USD75000.


China full size SUV sales ranking in September.

The Chinese market showed amazing purchase power. The Benz GLS as import type，global sales has 80% in China，BMW X7 also only has import version，sold 60% in China. Both are USD150,000 price level...

Seems high and mid class purchase power is still increasing.

 

[rockdog]

Tesla starts utilising BYD batteries at Giga Berlin | electrive.com

www.electrive.com

 

[rockdog]

Heard that atto 3 sold 9000 overseas during October，and delivery couldn't fulfill the orders increasing.


In Australia the 2nd hand atto3 is even higher than new one since the slow delivery.

 

[rockdog]

 

[rockdog]

Chinese EV on G20

300 Chinese SAIC-GM-Wuling EVs Serve G20 Summit - Pandaily

During the ongoing G20 Leaders' Summit in Bali, Indonesia, auto companies from China, Japan and South Korea offered 836 pure electric vehicles to the Indonesian government, 300 of which were from Chinese automaker SAIC-GM-Wuling's local subsidiary.

pandaily.com

 

[rockdog]

Tesla Giga Shanghai sets new record; builds 100k EV's in China, November

 

[rockdog]

In late November, the first batch of 5 pure electric tractors Q1R arrived!

Up to now, BYD and India's Adani Group have signed a total of 400 Q1R orders; among them, a total of 304 units will arrive before December 25; the remaining 96 units will be delivered before the end of 2023!

 

[rockdog]

This is really amazing, the YangWang can float on river and make U turn on almost zero distance

But it's too expensive to me... around USD160,000...