China Auto Thread

[Hamartia Antidote]

There are semi-solid batteries, sodium batteries, blade batteries, and now water.

Exactly. Battery tech is just going to get better and better. Those loud idiots who are completely against EVs because they are fixated on Lithium and all its "environmental ills" are being closed minded to new discoveries which will eventually phase it out.

We should expect someday some kind of spray in foam that will be sandwiched in between body panels that will store electrical charges. Everybody focusing on heavy cylindrical metal lithium batteries should wake up to what the future may bring.

 

[Yommie]

Geely Galaxy E5 official pics unveiled in China

The E5 is the Galaxy series' first pure electric SUV, powered by Geely's 11-in-1 intelligent electric drive and Shendun battery.

carnewschina.com

Geely Galaxy E5 official pics unveiled in China​

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Dong Yi Chen

May 7, 2024


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On May 7, Geely Galaxy released the official images of its upcoming E5 pure electric SUV, also the first pure electric SUV under the Galaxy series. The price range of the E5 is expected to be around 150,000 – 200,000 yuan (20,800 – 27,700 USD), and the official launch will be in the second quarter.

The Geely Galaxy E5 is based on the Geely Electric Architecture (GEA), which is derived from the Sustainable Experience Architecture (SEA). GEA covers EV, EREV, PHEV, and green methanol powertrains. Geely claims that the GEA is the world’s first four-in-one AI intelligent architecture comprised of “hardware, system, ecology, and AI”. The Geely Galaxy E5 measures 4615/1901/1670 mm with a 2750 mm wheelbase, featuring a panoramic sunroof, hidden door handles, and 18/19-inch five-spoke rims.
The front adopts the same design language as that of the Geely Galaxy E8 with a matrix light closed grille, sharp headlights, and C-shaped decorated vents on the lower section.

In the rear, there is an embedded high-mounted brake light and the popular through-type taillight set comprised of ripple-like light elements in the center.
The official powertrain detail has not been announced at this time, but Geely did mention that the E5 will use its 11-in-1 intelligent electric drive and Shendun battery, and may provide a 2,000 km comprehensive range. Earlier, Geely also declared a single-motor version of the Galaxy E5 on the Chinese MIIT, which has a maximum power of 160 kW and uses a lithium iron phosphate battery pack. The declared top speed is 175 km/h.
Coming inside, the cockpit is minimalistic. It adopts a double flat-bottomed steering wheel, a head-up display, a full LCD instrument panel, and a large central control screen that integrates the Flyme Auto operating system, powered by the Dragon Eagle-1 7nm chip. Configurations such as OTA updates, mobile phone wireless charging, front seat heating/ventilation/8-point massage, and a 16-speaker audio system are supported.

In April, Geely Galaxy sold 12,725 vehicles, a 24.94% month-on-month increase.
Source: Geely Galaxy Weibo, 163, Sina Finance, Sohu

 

[Yommie]

BYD Shark: The electric pickup truck set to make waves in Mexico this month

Mexico becomes first to see the all new BYD pickup truck.

carnewschina.com

BYD Shark: The electric pickup truck set to make waves in Mexico this month​

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Naveed Rastegar

May 7, 2024


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BYD, the Chinese automaker known for its electric vehicles, is set to make a global debut of its new pickup truck, the BYD Shark, in Mexico on May 14th. The BYD Shark is the company’s first electric pickup truck and is based on the DMO platform, which is BYD’s super hybrid off-road platform. The truck was initially reported to have debuted at the Beijing Auto Show, but it now seems that BYD has bolder global ambitions for the launch.


In terms of exterior design, the BYD Shark features a bold and square-shaped front end with a large BYD logo. The headlights are rectangular and equipped with LED daytime running lights. The lower part of the front bumper is silver and adds to the vehicle’s rugged style. The truck is equipped with two-tone alloy wheels, flat-profile tires, and a higher ground clearance, suggesting good off-road capability. At the rear, the Shark sports a continuous LED taillight design with rectangular light clusters that complement the front-end styling. It also comes with side steps, a roof rack, and a roll bar.

Moving to the interior, the BYD Shark has a digital instrument cluster and a large central touchscreen display. The four-spoke steering wheel has a nice touch that is different from your typical wheel. The overall interior design is predominantly black, with orange accents for a sporty feel. Behind the gear lever are a series of switches and buttons that enhance the rugged and mechanical character of the vehicle.


In terms of powertrain options, the BYD Shark is expected to be available in both plug-in hybrid and pure electric versions. The vehicle is built on the DMO platform, which prioritizes electric drivetrain technology for off-road performance. The platform is capable of accommodating different engine displacements, including 1.5T and 2.0T engines. It also supports features such as a 6 kW external power supply, 20 kW on-site power replenishment, and vehicle-to-vehicle power rescue. Additionally, the Shark will likely feature a hydraulic active suspension system and a streaming rearview mirror.

One notable feature of the DMO platform is its electric four-wheel drive system, which allows for swift and intelligent torque distribution between the front and rear axles. This enables the pickup to respond quickly to changing conditions, such as icy surfaces. The energy center lock facilitates intelligent torque transfer, allowing for speeds up to 30 times faster than a mechanical center lock.
The global debut of the BYD Shark in Mexico signifies the company’s expansion into the pickup truck market with an electric offering. With a distinctive design, advanced powertrain options, and off-road capabilities, the BYD Shark aims to attract environmentally conscious consumers who seek versatility and performance in a pickup truck.

Source: Autohome

 

[Yommie]

Nio to launch a sub-30,000 EUR electric car in Europe in 2025 under Firefly brand

Nio France GM Nicolas Vincelot disclosed some insights on Firefly and Onvo future in Europe at the China-France Business Council.

carnewschina.com

Nio to launch a sub-30,000 EUR electric car in Europe in 2025 under Firefly brand​

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Denis Bobylev

May 7, 2024


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Nio France General Manager Nicolas Vincelot shared insights about upcoming EVs from Onvo and Firefly brands at the China-France Business Council. He said the Onvo L60 will launch globally in late 2024. Mr. Vincelot also pointed out that the Firefly EV will also enter Europe in 2025 with a price tag below 30,000 EUR (32,275 USD).


The Sixth Meeting of the China-France Business Council was held in Paris from May 3 to May 6. It is a huge event, which was closed by Chinese President Xi Jinping. At the same time, hundreds of high-ranking businessmen and experts participated in the forum. During the event, Nio France GM Nicolas Vincelot disclosed the future development of the Nio’s Onvo and Firefly brands in Europe.

Nio’s future in Europe​

Mr. Nicolas Vincelot (photo credit: LinkedIn)
According to Mr. Vincelot, the Onvo L60 electric car from Nio will launch globally in late 2024. It is the Tesla Model Y competitor previously known by its codename Alps. It is rumored to sell for 220,000 yuan (30,500 USD) in China. The Onvo L60 will offer two battery options for 60 and 90 kWh. Other features of the L60 are high-voltage 900V platform and a Snapdragon 8295 chip.

Firefly EV
Nio France GM also shared some valuable insights about the first model of Nio’s second brand, codenamed Firefly. Nicolas Vincelot said it will launch in Europe in 2025 with a price tag below 30,000 EUR (32,275 USD). Previously, it was reported that the Firefly EV’s price range would be below 200,000 yuan (28,300 USD) in China. It means this vehicle will enter Europe with a minimum markup.

More about Firefly EV​

Firefly is an affordable EV brand under Nio that is designed explicitly for Europe. Its first model is an electric hatchback, which was spied several times in China. This compact electric car has a funky exterior styling with blocky headlights, retractable door handles, and short overhangs. The Firefly EV will support battery swap technology, same with current Nio-branded cars.
Chinese sources mention different production plants as the assembly locations of the Firefly EV. The first is the Cheetah Automobile Factory in Chuzhou, Anhui. The second option is the Nio’s F1 factory in Hefei, Anhui.

Source: Guandian

 

[Yommie]

China’s EV registrations in Germany in April: Nio 53, BYD 183, MG 1,304, Smart 1,532

Chinese brands accounted for 12% of BEV sales in Germany.

carnewschina.com

China’s EV registrations in Germany in April: Nio 53, BYD 183, MG 1,304, Smart 1,532​

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Jiri Opletal

May 7, 2024


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In April, 243,000 new passenger cars were registered in the most significant European auto market, up 20% from the previous year. 29,668 were all-electric vehicles (BEV), which accounts for 12.2% of the market share – mostly flat from the same month of the last year. Chinese brands registered 3,580 electric cars in Germany, which accounts for 12% of BEV sales in Germany.

15,135 were plugin hybrid vehicles (PHEV), which accounted for 6% of the market in April in Germany, up 28% from the previous year.
The data are published by the German Federal Motor Authority (KBA), which tracks new car plate registrations in the country and processed by CarNewsChina.

The first spot goes to Geely & Mercedes-Benz project Smart, which registered 1,532 EVs in Germany, up 2% from 1,497 units in March but 1.8% down from April the previous year. Between January and April, Smart registered 5,414 EVs, up 9.6% from last year.
Geely-made Smart EVs are co-engineered with Mercedes-Benz. According to official information, the EVs under the Smart brand are designed by the Mercedes-Benz global design team, while Geely is responsible for the engineering and development of the new models. All Smart cars are produced in China.
Smart unveiled its third car, a Smart #5 SUV concept, at the Beijing Auto Show last month. Smart produces only BEVs.

The second spot goes to SAIC-owned MG, which registered 1,304 cars, down 16% from 1,559 units in March and up 12% from the same month the previous year. Between January and April, MG registered 5,745 cars, up 15.2% from last year.
GWM registered 247 cars, a 20% decrease from 307 units in March. However, compared to the same month last year, GWM’s registrations increased by 145%. Between January and April, GWM registered 810 cars, a growth of 192.4% from the same period last year. Great Wall Motor sells its all-electric car in Germany under the ORA brand.
Polestar registered 206 cars, a 42% decrease from 357 in March and a 62.1% decrease from the same month last year. However, between January and April, Polestar registered 837 cars, a 47% decrease from the same period last year.
BYD registered 183 cars, showing a 14% increase from 160 units in March and a 289.4% increase compared to the same month the previous year. Between January and April, BYD registered 576 cars, indicating a substantial growth of 418.9% from the same period last year.

Nio registered 53 cars, a 10% increase from 48 units in March and a 112% increase from the same month last year. However, between January and April, Nio registered 155 cars, a slight decrease of 3.7% from the same period last year.

Lotus registered 26 cars, a 37% increase from 19 units in March but a 29.7% decrease from the same month last year. Between January and April, Lotus registered 89 cars, an increase of 3.5% from the same period last year.
Lynk & Co registered 20 cars, indicating no change from March but a decrease of 89.7% from the same month the previous year. Between January and April, Lynk & Co registered 27 cars, showing a decline of 97.9% from the same period last year. Lynk & Co is a brand under the Geely umbrella and the only Chinese brand that sells PHEVs in Germany. Recently, the spy shots of its first all-electric model, Zero, were revealed in China.
Maxus registered 7 cars, indicating a 133% increase from 3 March and a 250% increase from the same month the previous year. Between January and April, Maxus registered 21 cars, up 600% from the same period last year.
Aiways registered two cars, up from one car registered in March.
For comparison, Tesla registered 1,637 cars in Germany in April, down 32.4% from March. Between January and April, Tesla registered 14,705 cars, down 36.3% from the same period last year.

 

[Yommie]

China EV registrations in W18: Xiaomi 1,300, Nio 3,600, Tesla 11,000, BYD 52,300

Market was mostly down in the first week of May

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China EV registrations in W18: Xiaomi 1,300, Nio 3,600, Tesla 11,000, BYD 52,300​

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Jiri Opletal

May 7, 2024


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The whole market was down in week 18 (April 29 – May 5) of the year due to the Labor Day holiday. Xiaomi registered 1,300 units of SU7, down 24%, Nio was down 28%, Tesla was 26% down, and BYD nearly 18% down from the week before.

The weekly sales data were published by Li Auto, which resumed publishing registration data after a few weeks break without any official explanation. The numbers are rounded and present new energy vehicles (NEV), the Chinese term for BEVs, PHEVs, and EREVs (range extenders). To be completely precise, it also includes hydrogen vehicles (FCEVs), but their sales are almost non-existent in China.
As usual, BYD took the first spot, registering 52,600 vehicles, down 17.81% from 64,000 units the week before. BYD vehicles cost 69,800 – 269,800 yuan (9,600 – 37,400 USD) in China.


Following BYD, Tesla secured the second position with 11,000 vehicles sold, marking a decrease of 25.68% from the previous week’s 14,800 units. Tesla vehicles cost 231,900 – 824,900 yuan (32,000 – 114,400 USD) in China.
Last week, Elon Musk, Tesla CEO, visited Beijing to meet with Chinese Premier Li Qiang, whom he has known well since the early days of the Giga Shanghai factory. The discussed topic is unknown, but Bloomberg reported at the time that the main regulatory obstacle to launching Full Self-Driving (FSD) assisted driving features in China has been removed as Tesla partnered with Baidu for their mapping software and data storage.
Tesla model sales breakdown:

• Model Y: 10,400
• Model 3: 600

GM’s Chinese joint venture with state-owned SAIC, Wuling, ranked third, with 9,200 registered vehicles. Its best-seller is the small hatchback Wuling Bing, a BYD Seagull competitor. Wuling vehicles cost 32,800 – 169,800 yuan (4,500 – 23,500 USD) in China.
Li Auto captured the fourth position with 5,300 vehicles sold, experiencing a decline of 25.35% from the prior week’s 7,100 units. In China, Li Auto vehicles cost 231,900 – 824,900 yuan (32,000 – 114,400 USD). Li Auto historically sold only SUVs, which are not all-electric but EREV (extended range electric vehicle), meaning there is a small ICE engine that is not connected to the wheels and powers the battery or the e-motor.
On March 1, the company launched its first all-electric car, a futuristic-looking Li Mega MPV. The acceptance was unconvincing, and Li Mega registered 150 units in W18.
The Beijing-based EV maker delivered 25,787 vehicles in April, showing a 0.41% increase from the same month the previous year but a decrease of 11.03% from March.
Aito took the fifth position with 4,800 vehicles sold, down from the previous week’s 7,000 units, marking a decline of 31.43%. Aito vehicles cost 249,800 – 569,800 yuan (34,400 – 78,900 USD) in China.
Nio followed closely with 3,600 vehicles sold, also down from the previous week’s 5,000 units, marking a decline of 28.00%. Nio vehicles cost 298,000 – 598,000 yuan (41,100 – 82,800 USD) in China.
In April, Nio delivered 15,620 EVs, marking a 31.64% increase from the previous month and a 134.60% increase from the same April in the previous year.

Zeekr sold 3,600 vehicles, down from the previous week’s 5,000 units, marking a decline of 28.00% and closely copying Nio’s trend. Zeekr vehicles cost 200,000 – 789,000 yuan (27,600 – 109,400 USD) in China.
Stellantis-backed Leapmotor sold 2,300 vehicles, down 42.50% from the previous week’s 4,000 units.
BYD’s brand Denza, a former joint venture with Mercedes-Benz, registered 1,600 vehicles, down 36.00% from the previous week’s 2,500 units.
Volkswagen-backed Xpeng sold 1,400 vehicles, down 48.15% from the previous week’s 2,700 units.
Xpeng plans to launch its mass-market brand Mona in June, with a starting price of 150,000 yuan (21,000 USD). Guangzhou-based EV builder delivered 9,393 vehicles in April, marking a 4.07% increase from March and a 32.69% increase from the previous year.
Xiaomi sold 1,300 vehicles, down 23.53% from the previous week’s 1,700 units. Xiaomi sells only one car – the Xiaomi SU7 sedan, launched on March 28, deliveries started in early April.

 

[Yommie]

What happens when you drop a Chery Exeed Exlantix ET from 32 meters?

What happens when you drop a Chinese car from 32 meters? Chery finds out with the Exeed Exlantix ET electric SUV.

carnewschina.com

What happens when you drop a Chery Exeed Exlantix ET from 32 meters?​

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Mark Andrews

May 7, 2024


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Crash tests follow a pretty strict format and for that reason they’ve often come in for criticism that cars have safety measures purely engineered for tests. One of the nightmare scenarios for many is driving your car off a cliff. Obviously it doesn’t happen much in everyday life but people can’t but help but worry. Chery also seemed curious and so it dropped a Chery Exeed Exlantix ET from a height of 32 meters. Sales of the Chery Exeed Exlantix ET will commence on May 9.

In the test Chery hoisted an Exeed Exlantix ET electric SUV to a height of 32 meters with a crane and then released the lifting cable with the car falling vertically and the front slamming into the ground. The fall from height test is an extreme automotive safety assessment simulating what would happen if a vehicle drove off the road at an altitude. It can test the structural strength and ability to protect occupants under extreme crash conditions.

Previous tests such as ones carried out before by Volvo have usually used a height of 30 meters but Chery upped the distance to 32 meters. This was not only in order to challenge the safety standards of joint venture brands but also showed Chery’s confidence in its own technical standards.

From the video we can see the result where the front of the ES was badly smashed. However, the passenger compartment withstood the impact with very little damage. There appeared to be little to no damage of the pillars and the doors opened normally.

The Chery Exeed Exlantix ET is the brand’s flagship all electric and extended range EV mid-large sized SUV which started pre-sales last month. It measure in at 4955, 1975, 1698 mm (l/w/h) with a wheelbase of 3000 mm and uses the E0X high-performance electric platform. Pre-sale prices range from 199,000 to 329,000 yuan (27,550-45,600 USD).
Range extended versions use a 195 kW motor on the rear axle together with a 1.5T engine for charging. All electric version use a 230 kW motor at the rear and all wheel drive versions add a 123 kW motor to the front.

The car uses the Shenxing battery from CATL which has the ability to add 400 km range (CLTC) in ten minutes. It is a 4C battery meaning it can charge four times faster than older battery technology, most significantly it does this while using cheaper and allegedly safer lithium iron phosphate (LFP) battery chemistry.
More details will likely emerge about the new car when sales officially begin on May 9.
Source: Fast Technology

 

[Yommie]

Li hits May holiday headlines not just for driverless incident

The incident of a Li driving on the highway without a driver along with sales of the L6 and driving results of the May holiday.

carnewschina.com

Li hits May holiday headlines not just for driverless incident​

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Mark Andrews

May 7, 2024


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Li Auto has managed to find itself in a lot of headlines over the May holiday period which this year ran from May 1 to May 5. Highlights include the driverless highway driving incident, sales of the L6 and the results of Li usage over the holiday period.

Perhaps the usage Li Auto would most like to forget is the video which appeared on the Internet of a Li car powering down the highway at speeds of up to 120 km/h with no one in the driver’s seat and child sans seatbelt in the passenger seat. What’s not so clear is how this is possible. While a published picture shows a drinks bottle wedged in the steering wheel to fool the sensors into thinking a driver had a hand on the wheel, the video clearly shows that there is no bottle. The incident has come in for lot of criticism from Chinese netizens. Also Li Auto has publicly rebuked the behavior saying that at this stage the system is driving assistance rather than automatic driving and the actions are very dangerous.

During the holiday Li Auto cars covered 35.7 million kilometers using the high-end intelligent driving assistance system of which the NOA (navigation on autopilot) portion was 24.6 million. 309,000 people, including presumably the phantom driver in the video, used the system on models equipped with Lidar during the holiday. Milage was up 126.8% over normal times and the longest single day distance was over 1,800 km.

Bottle jammed in the wheel of the driverless Li Auto car.
Overall mileage for the holiday was 295 million kilometers. Of that 153 million kilometers was undertaken using battery power an increase of 11.6% over normal levels. Fuel driven milage however was way up at 149.5% over normal levels and accounted for the remainder of the 141 million kilometers. This seems to indicate that users gave up with attempting to charge while on longer journeys. Li Auto’s 391 supercharging stations were used over 96,000 times (including usage by other brands) and the average charging time for the Li Mega was 12.8 minutes.
Not only were Li cars busy during the holiday but so were the company’s showrooms as well. On May 5 over 10,000 Li L6 models sold bring the cumulative total from April 18 to May 5 to over 41,000 of the model.

Li Auto is targeting sales of 800,000 cars this year and aims to challenge 100,000 deliveries a month. Such a figure would be quite an achievement given that Li Auto sales were 376,030 last year. The L6 is crucial to Li Auto if it is to stand any chance of hitting this target and the car will need to sell by the end of the year at least 20,000 a month.

Ranging in price between 249,800 and 279,800 yuan (34,600-38,750 USD) it is the most affordable Li Auto model to date. Coming in at 4925, 1960, 1735 mm (l/w/h) and with a wheelbase of 2920 mm it is also the baby of the family. With a 36.8 kWh LFP battery pack the electric only range is 212 km (CLTC).
Sources: Fast Technology, Autohome

 

[Yommie]

2025 FAW Bestune B70 (New Edition) Review from Auto Show | Only $14k?​

 

[Yommie]

@Viet @Hamartia Antidote

Whoa! Looks like China can sell tens of millions of surplus new cars to Russia and make a big buck.

Automakers producing 18M more vehicles than consumers can buy in China​

 

[Yommie]

The 5 biggest Chinese car exporters - BYD comes in surprising last place​

 

[Yommie]

Nio, BYD, Zeekr, Xpeng, Li Auto and Xiaomi EV sales in April 2024​

 

[Yommie]

China accelerates car sales to Brazil to avoid tax

The schedule for increasing import tariffs on electric and hybrid vehicles brought forward the shipment of cars from China to Brazil at the beginning of 2024. China exported $589.9 million in cars in January and

www.datamarnews.com

CHINA ACCELERATES CAR SALES TO BRAZIL TO AVOID TAX​

May, 06, 2024 Posted by Sylvia Schandert
Week 202419

The schedule for increasing import tariffs on electric and hybrid vehicles brought forward the shipment of cars from China to Brazil at the beginning of 2024. China exported $589.9 million in cars in January and February to Brazil. In March, the pace accelerated and there was another $580 million, totaling $1.17 billion in the first quarter of this year, more than half the total sold by the country to Brazil in the whole of last year and more than five times the amount of $239.42 million exported in the same months of 2023, according to China’s General Administration of Customs.
In the first two months of this year, Brazil was ranked as China’s fifth destination for passenger cars shipped, compared to the 19th position held in the first two months of 2023. With the numbers of March, Brazil rose to fourth place in the first quarter, behind Russia, Belgium, and the UK, surpassing Mexico by little difference, of less than $50 million.
In March alone, Brazil was the third largest buyer of cars from China, behind only Russia and Belgium. Of the total China shipped to Brazil in the first quarter, 40.9% were electric cars, and at least another 36.8% were plug-in hybrids, which can be recharged using domestic sockets or fast-charging stations.
Although the accelerated shipment of Chinese cars to Brazil can be explained by the schedule of rising import rates and the pace of these exports will likely adjust as taxes rise, experts do not expect a sharp drop ahead.
“What we see now is a movement to bring forward shipments. After this period will there be a relevant drop in these exports? Probably not,” said Livio Ribeiro, a partner at BRCG and researcher at the Fundação Getulio Vargas’s Brazilian Institute of Economics (Ibre-FGV). In his opinion, the current trend should be seen as part of a broader plan, which includes Chinese automakers’ production in Brazil.
According to Tulio Cariello, director of content and research at the Brazil-China Business Council, the rise in Chinese car shipments to Brazil is part of a typical long-term strategy. “The Chinese know that their vehicles are part of a growing niche market. They want to build this market and position their product, which comes together with the arrival of Chinese automakers, such as GWM and BYD, in Brazil,” he said.
Since January, the arrival of electric and hybrid cars has been subject to import tax in Brazil. According to the schedule set by the Brazilian government, taxes will gradually increase until they reach 35% in July 2026. For electric cars, the tax rate is now 10%. For hybrids and plug-in hybrids, it’s currently 15% and 12%, respectively. In July, the rates will increase to 18% for electric vehicles, 25% for hybrids, and 20% for plug-in hybrids.
There are also quotas for a tax exemption cap, which have been defined for each company and will gradually decrease until they are removed, starting from July 2026. The global quota for electric cars, for example, started at $283 million until June 2024, will fall to $226 million by July 2025, and then there will be a final period with a limit of $75 million until July 2026.
As it takes 45 to 60 days for cars leaving China to arrive in Brazil, some of the vehicles shipped have not yet disembarked in Brazilian territory. Statistics from the Secretariat of Foreign Trade (SECEX/MDIC) indicate that from January to March Brazil imported $569.9 million in cars from China.
Mr. Ribeiro points out that Chinese automakers have likely been operating with low profit margins and may have room to absorb part of the higher taxes without losing too much market share. “As Chinese cars are entering a niche market, the price elasticity tends to be lower but the tax rate is not small,” he said.
Taxation on imported electric and hybrid cars since January 2024 is the result of a response by traditional automakers in Brazil to the increasing arrival of these cars from China. Data from China’s customs indicate passenger car shipments to Brazil started last year at $71.5 million in January, plus $63.12 million in February. In March, exports reached $104.8 million, and the growth trend became clearer in the second half of the year.
According to the Chinese government, Chinese car shipments to Brazil ended last year at $2.11 billion, almost four times the amount of $553.59 million seen in 2022. According to SECEX/MDIC figures, Chinese car sales to Brazil accounted for approximately 40% of the total imports by the country from January to March, surpassing Argentina, which has been Brazil’s longtime supplier.
Electric and hybrid cars, imported or not, are expected to remain the target of debates in Brazil. In the supplementary bill 68/2024, on the regulation of tax reform on consumption, the government proposes that vehicles be subject to the Selective Tax, a new tax on goods and services that are considered harmful to health or the environment. Under the proposed bill, light commercial vehicles regarded as sustainable cars will have zero rates. For a vehicle to be considered sustainable, it will be inspected according to its carbon dioxide emissions, recyclability, category, and completion of manufacturing stages in Brazil.
The proposal has generated criticism involving possible regressive tax as electric cars are not affordable to the Brazilian population.
Welber Barral, a partner at BMJ and a former secretary of foreign trade, says the issue is likely to generate a battle. “There is no consensus on this subject among traditional Brazilian manufacturers,” he said.
He points out that the debate on energy transition involving cars faces huge pressure to stimulate ethanol, as the biofuel is a large, traditional project and, therefore, cannot simply be abandoned.
Source: Valor Internacional

 

[Yommie]

This SUV Gets Big Improvements (Haval H6 2025 Review)​

 

[Yellow is Okay]

Will Chinese EV manufacturer be welcomed in Vietnam?​

BYD, a Chinese electric vehicle (EV) manufacturer, plans to enter the Vietnamese market in June. Whether it will be welcomed in the country remains an unknown.​

BYD plans to enter the Vietnamese market in June (Photo: BYD)​

BYD became well known in Vietnam after it officially surpassed the US EV manufacturer Tesla in sales. After two decades of development, BYD has not faded away as warned by Elon Musk of Tesla, but has become the EV manufacturer with the highest number of products sold.

The Chinese EV manufacturer started making hybrids first because EVs cannot compete with petrol-run vehicles because of higher prices and fewer charging stations. The ratio of EVs to hybrids at BYD was 50:50 in 2023. The strategy was considered the key to success.

BYD positions itself in the mid-end market, where there are fewer competitors, which help the Chinese manufacturer increase its sales and surpass Tesla. Beijing’s strong financial support, worth billions of dollars, also is a great advantage of BYD in entering domestic and foreign markets.

However, like other EV manufacturers, BYD is facing stiff competition in the EV market. The Chinese manufacturer had to cut prices by 5-20 percent in the first quarter of 2024, while deliveries dropped by 30 percent.

BYD plans to enter the Vietnamese market in June after succeeding in some Southeastern Asian countries. It introduced the first EVs in Thailand in late 2022 and by 2023, it had sold 30,000 products, accounting for 40 percent of EV market share. The best seller in the Thai market is BYD Atto 3, which will also be sold in Vietnam.

BYD has stated that it is ready to compete with petrol-run car models. However, analysts warn that it will be difficult to do business in the Vietnamese market, where the shift from petrol-run to electric vehicles is still not strong.

The other difficulty is that it still lacks a charging network in Vietnam. There are only charging stations set up by VinFast, the Vietnamese automobile manufacturer owned by billionaire Pham Nhat Vuong.

In the immediate time, BYD buyers can charge the battery at home, fast-charging stations at sales agents, and charging stations owned by third parties. The Chinese automobile manufacturer believes that infrastructure will develop with market demand as it did in China and other countries.

Analysts also point out that in Vietnam, the incentives to encourage EV use are not strong enough. Also, Vietnamese buyers doubt Chinese technology, which may make them stay away from Chinese products.

https://vietnamnet.vn/en/will-chinese-ev-manufacturer-be-welcomed-in-vietnam-2278544.html