BYD’s exported cars are this year reviewing with higher scores than US and European manufacturers for both safety and reliability. We had better start learning from China before we fall further behind.
@@WealthWise-dca BYD Already #1 EV in Thailand. They will have a Factory up n running in 2024 in Rayong area Thailand Motor Expo 2023 just ended after 13 Days 53,248 units Total sales 1 Toyota 7,245 units 2 Honda 6,149 2x growth Year on Year 3 BYD 5455 units, Seal, Atto3 n Dolphin 4 GAC AION 4568 units, Factory in Thailand will start Production in 2024 5 MG 3568 units 6 Changan 3549 units 7 GWM n ORA 3524 units, Factory running in Thailand 8 Isuzu 2,460 Units 9 Nissan 10 Mazda 11 Neta 1766 units, Factory up and Running in Thailand 12 Mitsubishi 13 Ford 14 Suzuki 15 Mercedes 16 BMW 17 Hyundai 680 Units 18 Tesla 528 units, ROCK BOTTOM. DEAD LAST PLACE
@@WealthWise-dca You do realise BYD already *is* #1 globally in the BEV/PHEV market, right? There is NOTHING Tesla can do to stop BYD or the legacy manufacturers. The ONLY reason it is still in business is because it continues to get grants and subsidies that keep it afloat. If it had to genuinely compete then it would have gone bankrupt ~10 years ago. Medium to long term, Tesla simply can't compete. They don't innovate well, their model range is small, QA has barely improved in the last decade so we have to conclude they simply *can't* build a quality vehicle, and they are incapable of developing models at pace. The Chinese & Eastern European manufacturers will eat them alive at the low and mid market price points (already doing that outside the US) and the legacy manufacturers are starting to swallow them at the mid and high market price points. I'd give Tesla less than 10 years to collapse. Sooner if they stop being subsidised to exist or the Chinese manufacturers enter the US market in force and thus US buyers finally realise how crap Tesla actually is.
@@WealthWise-dcaTheir international exports just got started last year and are now growing at an explosive rate. BYD are charging more for the exported cars and upping the quality a little also.
No one will win, not in the short term anyway. My belief is the Established Carmakers that offer multiple fuel/electricity options will survive. Purely electric manufacturers have all their eggs in one basket. Oh, BTW, electric cars are far from green.
I love electric cars and have owned 4. What I don’t get the huge price premium and stunning drop in quality. The eGolf was a great car and felt luxurious. The id3 is garbage. It looks and feels like it had been assembled out of cheap parts by a blind assembly team and the software is worse. But the id3 is more expensive. Tesla has some great tech but the cars have dreadful fit and finish and it’s looking like they could also face outrageous levels of depreciation. So what are we to do? Pay a premium for tech and get a car that loses value rapidly and get recalled in staggering numbers.?? Now I don’t own a car. Bus and train suits me fine and the money I save each year we use to travel, usually in business class and we are still better off than owning a new ev. Perhaps in 5 years the quality will have improved and price will have fallen, but by then there just might be no world worth living in.
Thank you for sharing your thoughts. Let's hope it does indeed improve, before it's too late. Also hats off to you to skip the car and use that money for travel.
NIO SwapNGo Technic Standard will take over. Cooperation NIO Changan CATL BYD Geely Volvo Polestar Stellantis VW. Standard Battery Swapp Stations connected to Solar Parks along the Highways. Ride on the Sun Power.
BYD’s exported cars are this year reviewing with higher scores than US and European manufacturers for both safety and reliability. We had better start learning from China before we fall further behind.
Yeah China's manufacturing prowess scary good.
BYD will Be #1
China yes, Globally, yet to be seen
@@WealthWise-dca
BYD Already #1 EV in Thailand. They will have a Factory up n running in 2024 in Rayong area
Thailand Motor Expo 2023 just ended after 13 Days
53,248 units Total sales
1 Toyota 7,245 units
2 Honda 6,149 2x growth Year on Year
3 BYD 5455 units, Seal, Atto3 n Dolphin
4 GAC AION 4568 units, Factory in Thailand will start Production in 2024
5 MG 3568 units
6 Changan 3549 units
7 GWM n ORA 3524 units, Factory running in Thailand
8 Isuzu 2,460 Units
9 Nissan
10 Mazda
11 Neta 1766 units, Factory up and Running in Thailand
12 Mitsubishi
13 Ford
14 Suzuki
15 Mercedes
16 BMW
17 Hyundai 680 Units
18 Tesla 528 units, ROCK BOTTOM. DEAD LAST PLACE
@@WealthWise-dca You do realise BYD already *is* #1 globally in the BEV/PHEV market, right?
There is NOTHING Tesla can do to stop BYD or the legacy manufacturers. The ONLY reason it is still in business is because it continues to get grants and subsidies that keep it afloat. If it had to genuinely compete then it would have gone bankrupt ~10 years ago.
Medium to long term, Tesla simply can't compete. They don't innovate well, their model range is small, QA has barely improved in the last decade so we have to conclude they simply *can't* build a quality vehicle, and they are incapable of developing models at pace. The Chinese & Eastern European manufacturers will eat them alive at the low and mid market price points (already doing that outside the US) and the legacy manufacturers are starting to swallow them at the mid and high market price points.
I'd give Tesla less than 10 years to collapse. Sooner if they stop being subsidised to exist or the Chinese manufacturers enter the US market in force and thus US buyers finally realise how crap Tesla actually is.
@@WealthWise-dcaTheir international exports just got started last year and are now growing at an explosive rate. BYD are charging more for the exported cars and upping the quality a little also.
@@ContactBaroqueHall based on recent developments, I agree it is likely that BYD will make it big in some international markets, if not all.
No one will win, not in the short term anyway. My belief is the Established Carmakers that offer multiple fuel/electricity options will survive. Purely electric manufacturers have all their eggs in one basket. Oh, BTW, electric cars are far from green.
agreed, things look a little rough in the short term but will improve as rates come down.
I love electric cars and have owned 4. What I don’t get the huge price premium and stunning drop in quality. The eGolf was a great car and felt luxurious. The id3 is garbage. It looks and feels like it had been assembled out of cheap parts by a blind assembly team and the software is worse. But the id3 is more expensive. Tesla has some great tech but the cars have dreadful fit and finish and it’s looking like they could also face outrageous levels of depreciation. So what are we to do? Pay a premium for tech and get a car that loses value rapidly and get recalled in staggering numbers.?? Now I don’t own a car. Bus and train suits me fine and the money I save each year we use to travel, usually in business class and we are still better off than owning a new ev. Perhaps in 5 years the quality will have improved and price will have fallen, but by then there just might be no world worth living in.
Thank you for sharing your thoughts. Let's hope it does indeed improve, before it's too late.
Also hats off to you to skip the car and use that money for travel.
Nothing like utter delusion and the total ignorance of reality.
which part?
NIO SwapNGo Technic Standard will take over. Cooperation NIO Changan CATL BYD Geely Volvo Polestar Stellantis VW. Standard Battery Swapp Stations connected to Solar Parks along the Highways. Ride on the Sun Power.
Always been fascinated by Nio's business model.