Tesla BEV Competition Developments

[MP3Mike]

VW seems to be really hurting:

https://twitter.com/x/status/1630642575697915904

Can they really be short that many chips, or is that just an excuse to try to lower costs? (Their heat pumps didn't really offer any benefit, so it was just wasted money.)

 

[replicant]

On China's rise in the global auto industry and the US/EU reaction:

https://twitter.com/x/status/1630235351594807297

 

[RobStark]

Honda breaks ground on its $4.4 billion Gigafactory in the US

Honda and LG have broken ground on their first joint venture battery production location in the United States.

www.teslarati.com

 

[Fred42]

VW seems to be really hurting:

https://twitter.com/x/status/1630642575697915904

Can they really be short that many chips, or is that just an excuse to try to lower costs? (Their heat pumps didn't really offer any benefit, so it was just wasted money.)

I don't think automakers make these parts; they buy them. So it's a supply chain problem, potentially caused by suppliers' lack of chips, or maybe not.

 

[Fred42]

Honda breaks ground on its $4.4 billion Gigafactory in the US

Honda and LG have broken ground on their first joint venture battery production location in the United States.

www.teslarati.com

Retrofitting existing plants in Ohio for EV production, ala VW and also GM in Spring Hill and Hamtramck.

 

[heltok]

On China's rise in the global auto industry and the US/EU reaction:

https://twitter.com/x/status/1630235351594807297

Crazy how underreported this increadible change is. China went from 750k to 2.5M in two years, taking them from like 1/7 of Japan to ~equal to japan. And this is TTM which lags...

 

[willow_hiller]

Interesting to think that people can now buy a non-Tesla EV in the US, and still end up being a Tesla customer to charge it now:

https://twitter.com/x/status/1630710960909619201

Only 10 locations at the moment, but Tesla will soon become a major competitor to EA or EVGo.

 

[RobStark]

Crazy how underreported this increadible change is. China went from 750k to 2.5M in two years, taking them from like 1/7 of Japan to ~equal to japan. And this is TTM which lags...

Would be interesting to see

Profits for Chinese made Teslas.

Profits made in premium category by Chinese made domestic brands.

Profits made by Chinese branded sub $17k cars before VAT.

My guess is a lot of those Chinese exports are of the cheap kind selling at 3% margin or less.

 

[DarkandStormy]

First Toyota and BYD co-developed electric bZ3 rolls off the line in China for under $30K

The first Toyota bZ3 electric vehicle powered by BYD technology came off the assembly line this week in China. The...

electrek.co

First Toyota and BYD co-developed electric bZ3 rolls off the line in China for under $30K​

Toyota's bZ3, co-developed with BYD, is out for pre-sales in China now.

-announced October 2022
-Launches May 31, 2023
-372 mile range
-starts around $27k USD

 

[Oil4AsphaultOnly]

First Toyota and BYD co-developed electric bZ3 rolls off the line in China for under $30K

The first Toyota bZ3 electric vehicle powered by BYD technology came off the assembly line this week in China. The...

electrek.co

Toyota's bZ3, co-developed with BYD, is out for pre-sales in China now.

-announced October 2022
-Launches May 31, 2023
-372 mile range
-starts around $27k USD

That range figure is CLTC, which is notoriously "optimistic". For reference, the made-in-china model 3 SR (short-range) is 342 miles CLTC, but only 267 miles EPA.

It's a great price, but only for residents of china. The EPA range should be around 285 miles, but not sure if it will ever reach US shores.

Edit: typo'd EPA range as 275.

 

[Doggydogworld]

It's a great price, but only for residents of china.

I could see Toyota selling this in Europe. Not in the US with our 27.5% tariff, our disdain for small cars and our lack of quotas forcing BEV sales.

 

[willow_hiller]

I'm a bit surprised, because I thought the offerings from Kia and Hyundai were pretty compelling. But I guess this is what happens between losing the tax credit and Tesla dropping prices: US: Kia EV6 Sales Decreased 39% In February 2023

 

[EVNow]

Crazy how underreported this increadible change is. China went from 750k to 2.5M in two years, taking them from like 1/7 of Japan to ~equal to japan. And this is TTM which lags...

How much of that is Tesla exporting from Shanghai ? Anyway - an interesting trend to watch. So far China has been unable to export cars to US ... will have to see if anyone tries.

I see somewhat of a similar trend in Chinese branded phones. Hardly any presence in US - but quite popular world over (like Redmi). No wonder US lawmakers (and I guess lobbyists) are aggressively going after Chinese companies because of "security concerns".

 

[Doggydogworld]

How much of that is Tesla exporting from Shanghai ?

Tesla exported about 270k cars from Shanghai last year.

I'm a bit surprised, because I thought the offerings from Kia and Hyundai were pretty compelling. But I guess this is what happens between losing the tax credit and Tesla dropping prices: US: Kia EV6 Sales Decreased 39% In February 2023

Hyundai Ioniq 5 sales exceeded 2k in February, the first time since last summer. I don't pay much attention to monthly US numbers. Global car companies are focused on Europe and China, with tough quotas and resulting large markets. US is an afterthought, a place to dabble and occasionally dump leftovers.

 

[wdolson]

How much of that is Tesla exporting from Shanghai ? Anyway - an interesting trend to watch. So far China has been unable to export cars to US ... will have to see if anyone tries.

I see somewhat of a similar trend in Chinese branded phones. Hardly any presence in US - but quite popular world over (like Redmi). No wonder US lawmakers (and I guess lobbyists) are aggressively going after Chinese companies because of "security concerns".

I believe there have been some ICE exported from China to the US over the years. I recall reading about a Buick SUV that was Chinese made several years ago. As yet there haven't been any EVs that I know of though.

 

[Fred42]

I believe there have been some ICE exported from China to the US over the years. I recall reading about a Buick SUV that was Chinese made several years ago. As yet there haven't been any EVs that I know of though.

You can buy a Buick Envision made in China at any US Buick dealer.

 

[nativewolf]

You can buy a Buick Envision made in China at any US Buick dealer.

All buicks are made in china

 

[Doggydogworld]

All buicks are made in china

The Encores they sell in North America are made in Korea. Enclaves are made in Detroit.

I think GM still brings a few Chevy and/or Caddy models in from China, but the 27.5% Trump tariff makes it difficult. Geely also ships some China-built Volvo and Polestar models to the US. Europe gets a lot more than us, though. And Australia/New Zealand is heading toward 100% Chinese cars.

 

[RobStark]

1) The last Chinese made Caddy was the CT6 PHEV.

2) The least expensive Chevys, the Trax and Trailblazer, are made in South Korea. No US market Chinese made Chevy.

3) Biden reversed almost all Trump executive orders. He kept the 27.5% tariff. That is a US/Biden tariff now.

4) The 25% Chinese tariff on standard US made cars and 100% tariff on US made luxury cars makes it difficult to export US made cars to China.

 

[replicant]

EU delays combustion-engine ban vote amid German objections