China Market situation and outlook

[hiroshiy]

Interesting perspective on the highway rest areas. Here in New England, Tesla has built superchargers at several rest areas (in CT at Milford, Darien, and Greenwich, and in Hookset NH). In Japan Tesla's strategy seems to be mostly in-city stations.

I don't see Tesla having much interest in pushing Japanese sales, certainly not enough interest to start advertising--something is has yet to do in any market.

Hi, Robert, agree that Tesla doesn't have much interest in Japan, but this is relatively developed market for luxury cars and Teslas are selling less than Maserati and Lamborghini right now.

Re highway plazas, yes I know there are rest areas in the U.S. but in Japan they are prime space, with 30K visitors a day one way (one plaza for each direction, so total 60K). The biggest one is two stories, with 25 restaurants. Highways are almost all toll roads, and highway companies get 10% of revenue from tenant rent in plazas.

 

[FluxCap]

China to Announce Cap-and-Trade Program to Limit Emissions

Cool?

The spokesman is apparently named Lu Kang. As a former fan of Mortal Kombat, that's also cool:

 

[RobStark]

China to Announce Cap-and-Trade Program to Limit Emissions

Chinese citizens so happy cleaner air to breath is coming.

 

[ScepticMatt]

* China guides for 5 million electric vehicles on the road by 2020
* China wants to accelerate development of charging infrastructure (as of end of last year: 780 stations, 31000 AC and DC charging points)
* >10% of new public parking spaces are required to enable charging
* Work underway to unify the state charging standard.
1. Release revised version of charging interface and communication protocols
2. Upgrade existing charging infrastructure as soon as standards are finished.
3. Developing a wireless charging standard
4. Standardizing metering, billing and other operational services management practices.
* Charging facilities in China must comply with the Chinese charging standards
* Tesla is actively involved in the formulation the new version of the national standard, will transform their models according to the new national standard.

Chinese article: ÄÜÔ´¾Ö:2020ÄêÂú×㳬500Íòµç¶¯³µ³äµçÐèÇó(¹É)|³äµç×®|Ðí¼ÌµçÆø|¹úµçÄÏÈð_ÐÂÀ˲ƾ*_ÐÂÀËÍø
Yahoo article: China to hasten roll-out of car charging network: Xinhua - Yahoo News

 

[Gerasimental]

Has there been much reaction on (social) media in China regarding the Model X and its launch? If so, of what nature?

 

[drinkerofkoolaid]

Can anyone help me find a list of the fees a new imported vehicle is typically subject to in China?

I used to have a link to a website that listed the vehicles that are eligible for incentives in China, but I can't currently find it. Does anyone know the website that has that list?

 

[ev-enthusiast]

China Passenger Car Association: China Sept vehicle sales +2.5 pct y/y (link)

Oct 13 Vehicle sales in China rose 2.5 percent in September from a year earlier, the China Passenger Car Association (CPCA) said on Tuesday.Auto retail sales totaled 1.7 million, it said in a statement posted on its website.

 

[vitaliy]

Elon said that Chiniese market is bigger than Norwegian in this video Elon Musk at Norwegian Oil Gas Summit (8.25.14) - YouTube

 

[ev-enthusiast]

BEV new car sales in China hit ATH during September (link):

For the first three quarters of 2015, China's sales volume of new energy vehicles surged 2.3 times year-on-year, according to data from the Ministry of Commerce. In particular, the single-month sales volume for September hit the historical high.

Maybe we have to add some more vehicles to the delivery equation for Q4 than anticipated?

 

[RobStark]

Elon said that Chiniese market is bigger than Norwegian in this video Elon Musk at Norwegian Oil Gas Summit (8.25.14) - YouTube

Later Elon would say that Tesla was mislead on Chinese demand because resellers were buying Model S to flip. There was possibly some shady business going on with kickbacks and resellers. Later several Tesla China employees were fired/ "resigned to pursue other opportunities."

But it seems demand in Norway has fallen since then because the Norwegian Kroner has fallen relative to the US Dollar and the Chinese overall EV market is growing. So it might be true today.

 

[ScepticMatt]

China new energy vehicle sales January-September:

New energy vehicle sales breakdown. (red = EV, blue= PHEVs). 64% EVs, 36% PHEVs, FCVs marginal.

Manufacturer breakdown (excluding imports)
比亚迪 = BYD, 吉利汽車 = Geely, 奇瑞 = Chery 北京汽 = BAIC, 江淮汽车 = JAC, 上汽集团 = SAIC, 广州汽车 = GAIG
东风日产 = Dongfeng Nissan, 华晨宝 = BMW (last two places)

Manufacturer breakdown, September only

Source and more info:
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[hobbes]

Thanks Matt, good info. Too bad we don´t have Tesla numbers, but EVs going up is a good sign for Tesla´s numbers, too, and also for its mission of accelerating the advent of electric transportation. Interesting how PHEV have lost in comparison to pure battery electric EVs there.

 

[hiroshiy]

Yeah, why PHEV is less popular than BEV?

 

[maoing]

Tesla announced China Sales number in 2015

Elon Musk is visiting China now.
Q1: 797
Q2: 883
Q3: 1345
=======
2015 YTD: 3025

Good news or bad news. Good news is the >50% QoQ growth in Q3. Bad news is China only takes less than 10% of the total sales and it's still hard to reach 5K in 2015.

 

[FredTMC]

Tesla announced China Sales number in 2015

Elon Musk is visiting China now.
Q1: 797
Q2: 883
Q3: 1345
=======
2015 YTD: 3025

Good news or bad news. Good news is the >50% QoQ growth in Q3. Bad news is China only takes less than 10% of the total sales and it's still hard to reach 5K in 2015.

Thx for this!

couple questions...

are you saying Elon is in China right now?

are you saying Tesla just released some sales data tonight regarding China?!

thx!

 

[DaveT]

Tesla announced China Sales number in 2015

Elon Musk is visiting China now.
Q1: 797
Q2: 883
Q3: 1345
=======
2015 YTD: 3025

Good news or bad news. Good news is the >50% QoQ growth in Q3. Bad news is China only takes less than 10% of the total sales and it's still hard to reach 5K in 2015.

Here's google translate:

SAN FRANCISCO Oct. 23 news this morning, Tesla held a press conference in Beijing, the Chinese market has just updated V7.0 version introduced car system. At the meeting, Tesla founder Andy Herron · Musk revealed that in 2015 Q1, Q2, Q3 Tesla Motors sales in China were 797,883,1345 station, that is to say the first three quarters of this year, Waters Pull sold a total of 3025 sets of vehicles in the Chinese market.


According to reports, the 7.0 upgrade focused on autopilot, the new autopilot mode Autopilot on the one hand will reduce the burden on the driver in high speed driving, on the other hand, to help users more parking simple and convenient. Specifically to achieve these functions, you need three hardware support: long-distance radar (integrated into the front license plate installation location below) to provide long-range environmental scanning front; front camera (in the rearview mirror above) work as a vehicle " eyes "with image recognition capability to identify traffic signs; 12 ultrasonic sensors monitor the car surroundings at all times. In terms of avoiding a side collision, Tesla will provide two alarms: one lane departure warning, and the other is side-impact warning alert.

 

[maoing]

Thx for this!

couple questions...

are you saying Elon is in China right now?

are you saying Tesla just released some sales data tonight regarding China?!

thx!

Yes. Yes.

 

[ev-enthusiast]

I heard that Tesla Motors signed a cooperation agreement with Yongli Belting in Shanghai earlier this year.
Anybody able to confirm this?
Thank's in advance!

 

[schonelucht]

Q1: 797
Q2: 883
Q3: 1345
=======
2015 YTD: 3025

Very nice. Thank you for your continuing to turn up quality information. This goes a long way to explain Europe's numbers last quarter. The increase in Chinese deliveries nearly matches the decrease in Europe's numbers.

 

[ScepticMatt]

Good news is the >50% QoQ growth in Q3. Bad news is China only takes less than 10% of the total sales and it's still hard to reach 5K in 2015.

My 2c;

The recent increase is a result of reduced licensing restrictions (e.g Beijing's license-plate lottery)
Further growth will rely on expanding the service and charging network.

In that sense it will be crucial that the Guobiao charging standard GB/T 20234 will be finalized quickly.
(Tesla is heavily involved in the standardization process, and will upgrade existing vehicles)