Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker
(www.bloomberg.com)
from L4s@lemmy.world to technology@lemmy.world on 27 Dec 2023 08:00
https://lemmy.world/post/10017708
from L4s@lemmy.world to technology@lemmy.world on 27 Dec 2023 08:00
https://lemmy.world/post/10017708
Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.
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Predicted for this quarter. Musk has been scoffing the idea, whilst watching them catch him and simultaneously shooting himself in the foot with his own plans.
Meh, the US will slap enough tariffs on these things to make their own Autoindustry competitive again.
So will the EU.
But china has a gigantic middle-class that can afford these things, so I hope they all switch to EV en masse… it’s a win for the planet!
Tariff slapping had been tried by Trump. Very poor outcomes. There will be a more moderated approach, but we will need to see how that pans out
I’m confused what you think is going to happen? There at 25% and Biden doesn’t think they are high enough, they are already currently in talks of increases AFAIK.
oh look, someone doing ev that can actually make vehicles, and theyve eclipsed tesla... no wayy..
no one could have predicted this except, ya know, everyone.
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I don’t even care about that. I want a car I can afford and fit my family including luggage in. Give me two hours of battery life with one hour of charging and I’m sold.
Perhaps consider an used car instead of a brand new one? New electric vehicle is worse for the environment than one that already exists even if it runs on petrol/diesel
I already got a stinker that does all that. Of course I’d also take a used electric, but they haven’t been on the market long enough. I’ve never bought a new car in my life. Don’t see the point when they cost only half as much as new when they’re only a year or two old.
For me it’s less about the environment and most about the long term cost savings and needing less maintenance.
The savings from not buying a new one pays for quite a few trips to the mechanic. New car loses half of its value in just few years so you’re guranteed to lose money anyways.
That’s fair, but the cars downtime and dealing with a mechanic costs more than just the $$$.
I’ve had a car in and out of the shops for months trying to nail down an over heating issue. What a stress that was. I don’t think I’ll ever consider an ice car again to be honest.
My car is quite old, from 2007. I’m spending a lot in preventative maintenance like belts, pumps, fluids etc because I know the first real problem it’ll have I’ll have to buy something else.
If I could just avoid all that, that would be great.
Depending on your needs and budget, Edison Motors just announced preorders for diesel/ev hybrid pickup conversion kits. I’m definitely interested in converting my 80’s square body to being a plugin hybrid with no spyware.
And yet so many people are stuck in the pyramid scheme that is Tesla’s stock.
And those who have ETFs or index funds that track the S&P 500 also have Tesla stock as a hot trash albatross to deal with.
You leave the majestic albatross out of this.
Everyone hates on Tesla for obvious CEO reasons , but Tesla still has great cars. I test drove every electric car manufacturer and model available in central Florida throughout 2021/2022. The model y is by far the best in nearly every aspect. Nothing comes close.
My model y had one panel issue. They gave me a loaner car, it was fixed in 2 days. I haven’t had any issues since. I drove it from Orlando, Florida to Toronto,CA and back without issue. It calculates where and how long to charge to continue your trip.
Again, everyone gives it shit but the “self-driving” is 10/10 on the highway ( 7/10 on local roads). It’s not fancy lane assist and you’d have to be literally sleeping at the wheel to crash while it’s engaged. It made driving there and back a breeze.
Best car I’ve driven so far. Hands down.
Out of curiosity, how do you use the self-driving? Do you pay attention to the road with your hands on the wheel in case it fails or do you just, I don’t know, look at the landscape? If you pay attention to the road what’s the benefit over cruise control?
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But it reduces the load because you don’t pay attention to the road? I know cruise control reduces the load because I don’t pay attention to my speed.
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Yes but how? I’m genuinely curious. If you still have to pay attention to the turns and (I imagine) other cars what load is it taking over? I only have cruise control and I see not having to check my speed makes a big difference, I dong have to worry I’m going over the limit. But unless I can just ignore the road I dont see how self driving helps. Not having to steer on gentle turns really makes a difference?
It actually does, just got a new car with the smart lane assist and cruise control and it’s honestly really nice. It’s not full self driving or anything and it often gets confused on big bends, areas with construction or roads with little to no lines, but on highways and major roads it’s just nice.
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Imagine that feeling of cruise control 10x. It’s just a better driving experience.
On the highway, I haven’t had it fail or do anything weird in over a year. I watch the road, but keep my hands off. Daily commute, especially when there’s traffic, is much less of a mental burden. I’m much more at ease to check my phone or look up a song. Local roads, I keep my hand a 3’ o’clock while on the armrest. Not as liberal with diverting my eyes. Letting it do all the work makes driving better, it’s definitely more relaxing.
OK, makes sense. I will have to try it one day.
The model Y comfort and quality is garbage compared to any Audi, BMW, or ESPECIALLY Porsche. You are on crack if you think Tesla quality is above the Germans. It’s a shitty muscle car with a good drivetrain.
I have driven the iX and Taycan several times and comfortability is just better in a Tesla. My brother in law is very well off. He has a Mercedes, Porsche, bmw, McLaren and a Tesla. He rather daily drive the Tesla.
🙄 the y is nowhere nowhere near taycan. You are off your rocker.
My brother in Christ, I have put several hours behind the taycan. The model Y is a better daily driver imo.
You are delusional.
You’ve driven both to compare?
Yes. 150 miles in the Tesla and 400 in the taycan plus a Porsche driving experience in the taycan in Atlanta. The Porsche is significantly nicer inside and is a better feeling car overall. The Tesla feels cheap for the price (more so than even Audi) but it has the non idiotic charging. Unless you are using super chargers every day I would spend more on the taycan.
I own a v90 recharge, so I’ve turo’ed heavily in that price bracket before making the choice on a PHEV which better suits my needs.
Taycan is nicer inside and has a better feel driving but overall the Tesla wins me over. The space for my family, charging network, accessing everything on the screen, self driving and just Tesla’s software overall, I think it really out does the Porsche
Yes. It’s very fashionable to hate Elon Musk, but unfashionable to acknowledge that someone you hate can do good stuff.
My Renault Megane E-Tech has much nicer interior and better build quality in general than the Tesla Y.
But charging times on the Tesla are really awesomely good
Data and consumer reporting consistently rank Tesla as one of, and frequently THE, most unreliable car company by the numbers as far as quality control. It has nothing to do with Musk hate. The company is infamous for ex-managers confessing that they were told to ship them with the defects because most people didn’t bother to have them fixed.
You “only” had a panel issue that required multiday service. That’s not supposed to happen with brand new cars.
I’m glad you enjoy the car and driving it though, I bet they are great when they’re at their best. Apparently, the China-based ones are fine very well. But it’s okay to criticize things that should be criticized.
Man, Tesla is known for their very poor quality these days as well.
I recall 6-7 years ago I had a family member complain about their tesla breaking down. Today, we know this is pretty standard for all of them. We’ve also all seen how trashy the build quality is outside the electronics as well.
So… Even if these are trashy quality, are they really much worse than Tesla? I look forward to hearing more. I hope this shames Western companies into catching up, the fucking idiots.
And still their shares are just a fraction of Tesla’s share price.
Company is beholden to the Chinese government, apparently that is worse than beholden to a manchid and a group of ultrarich shareholders.
Rather ironically, BYD is probably closer to the “value investing” (realistic) value than most hyper-inflated western stocks, which completely decoupled from reality a long time ago…
Regardless of value sentiment, I’d never consider investing in a Chinese stock. Too much risk that the CCP makes some big overnight change that torpedoes the price.
Not like that happens with US stocks.
Is there history of this happening?
Atleast Musk and Tesla shareholders aren’t commiting a genocide so the argument could be made that it indeed is less bad.
I don’t wanna be that guy, but BYD are not only garbage tofu cars, they are also HEAVILY subsidized by the CCP in an effort to dump on the competition.
You can be that guy all you want, those garbage tofu cars are still dominating the market.
I know they are dominating the market. But I’m explaining why they are. It’s NOT because they make superior cars Each car is sold at a loss with the funding/backing of the China government with the sole purpose to dump(kill domestic competition).
Amazon prime sorta did this on a micro scale. Dump their pricing to kill Barnes and Noble and after they go out of business, they open and replace them with their own stores. But instead of Amazon funding the dump, it’s the god damn CCP and our entire auto industry.
Dominating which market though? China is heavily subsidizing these cars like they do with a lot of new tech when they want to undercut non-Chinese companies. I guarantee if any other manufacturer had similar subsidies, the situation would be different.
Of course they’re garbage, they’re Chinese
I wouldn’t go all out saying all Chinese made things are garbage. The majority of cellphones are produced there and many of them are not garbage.
Agreed, China can produce garbage and it can produce amazing things.
The thing is that companies that outsource to China often want much cheaper manufacturing, which obviously results in lower quality.
They can produce stuff at the same quality and probably at a higher quantity as anyone else (except maybe for extremely specialised stuff which only 1 company in the world can do)
How are they garbage? For instance BYD makes the safest batteries available. They started making electric cars about the same time as Tesla.
You are either not informed or TikTok has brain washed you. BYD leads the pack for most battery related fires than any other car manufacturer.
wapcar.my/…/in-china-640-evs-caught-fire-in-the-f…
I don’t use TikTok at all.
In EU Tesla has a marketshare equivalent to the rest of EV top 10 combined, I’d guess Tesla also has the most fires of any manufacturer in EU.
evmarketsreports.com/byds-growing-market-share-in…
In China BYD has 7 of the top 10 most sold models, 2, 4, 5, 6, 7 and 9. Tesla only has 3rd and 8th. So obviously BYD sell way more cars in China than Tesla.
I’m not sure how the numbers shown 11 for Byd and 5 for Tesla for 2020-2022 together with the others, can in any way add up to 640 in first quarter of 2022??
The numbers of the article you linked simply don’t make any sense. But apart from that, there is no real indication BYD or the other Chinese brands should be more prone to fires than Tesla.
Good. Nobody should use TikTok.
Best selling doesn’t mean they are great cars. Teslas are garbage cars too. The best selling cars again, doesn’t mean they are superior cars.
All cars are prone to fire. But BYD have already had a recall for their batteries. reuters.com/…/fans-take-byd-task-recall-confusion…
…yahoo.com/…/byd-recall-more-tang-dm-095837668.ht…
BYD still uses the standard lithium ion batteries. Tesla now uses lithium iron phosphate batteries, if you didn’t know it is considered the safest battery.
I will agree that you and I are experts in this field, but you have to acknowledge that China is intentionally dumping these cars with the intent to kill off competition and gain market share.
I agree, and that wasn’t what I meant, but if you sell more cars of similar quality, there will also be more defects.
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Got a chuckle out of me
Why do you consider them to be the safest, any specific reason?
Because it’s been tested to be way safer than other batteries.
evpowerhouse.com.au/blog/byd-blade-battery/
That means it’s generally safer in theory because it more chemically stable.
Practical test results confirm this, and damage that will make other batteries burn explosively, merely makes this battery warm.
But it’s not 100% safe, there have been accidents that shouldn’t have happened, but did anyway. This is being investigated, and it is still considered significantly safer than competing batteries.
Is true, that’s cool.
Probably not the type of car I would ever buy. I heard the patent is about to expire so that’s great. Not that I understand why the western world would care about Chinese parents. ¯\_(ツ)_/¯
Are… Are you using your porn alt on this thread perchance?
I wish I had that man’s confidence.
No, after porn instances got defederated from other instances, I just picked the instance that hasn’t defederated any instances which happens to be the porn instances. I figured it’s the least censored. If I wanted to be censored, I would just go back to reddit.
Lol he thinks Teslas arent subsidized
How is that different from Tesla?
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How? Teslas that are sold in China are made in China. BYD sold in the UK are made in China.
I am shocked that a Chinese company with access to materials is selling heavily subsided EVs. Shocked! Meanwhile in the US, nobody can make them in quantity and when they do Americans don’t want them. Shocked!
None of you would purchase this car to any Toyota quality wise as well. These things are sub Mitsubishi quality.
But it wouldn’t hurt if US could massively subsidize it’s own cheap EV options
The fact that the headline says “Chinese Carmaker” and not “BYD” says a lot about their international market share.
Also says a lot that despite that they still make more. Having more global sales in effectively one country is more impressive if anything.
Eh, it’s diminished when that one country holds nearly 17% of earth’s entire population, or nearly as much as the next 6 countries by population combined.
When you have that much market, nearly anything you do will break population-based records.
India and China have similar populations. It’s a bit disingenuous to say China has as much pop as the next 6 countries.
India is #1, China is #2.
So yes, it is accurate to say that China has roughly as much population as #3-8
To be honest, I think it more tells you the article was written by an American for an American audience.
Poorly. Just add the name after Chinese Car maker.
Yes, that would be great, it’s a bit editorializing, but making it less click bait, should absolutely be acceptable.
I’m not sure if it’s that or clickbait to get you to find out who it is. That kinda crap has been rampant lately.
Could be both though honestly. Either way, I’m sick of it.
I agree with that, I guess it could have been added after the original headline, maybe putting it in parenthesis.
The headline also says overtakes, while it says “poised to be” in the text.
To be fair they are just now entering the US market
It says a lot about that “journalist” knowledge of the topic
Huge in Europe and Australia for sure
Where can I get one?
BYD is available in most of the world, the story linked beneath is about a newer model ATTO, but Dolphin is probably even more popular: cleantechnica.com/…/byd-atto-3-now-available-in-5…
This is an overview of their global presence:
en.wikipedia.org/wiki/BYD_Auto#Global_expansion
But are you really comfortable bying a Chinese car?
www.youtube.com/watch?v=yOA7qKMcjcE
www.youtube.com/watch?v=qKa8mVOe5so
And are they really selling that many?
www.youtube.com/watch?v=1SEfwoqKRU8
This is complete bullshit, BYD makes the worlds safest EV batteries with their Blade battery, and they are the world leading manufacturer on volume too.
evreporter.com/byd-blade-battery-what-makes-it-ul…
According to some guy named Rahul Bollini? That’s not very convincing.
Are they just more popular, or do they sell more cars?
I hate language like “the economy is mourning” or stuff like the headline.
I remember seeing BYD in China back in the early 2000s with a logo that looks very similar to BMW’s logo. I guess they have to start somewhere by copying somebody. There were also a lot of cars that had fake badges (added by the owner, not the manufacturer) in China, there was a strong desire for the western brands, of course, that’s why Buicks and Audis were so popular in China. I guess I would stay away from that brand until it has proven itself somewhere else from China. Don’t trust any stats published out of China.
Hiw the fuck is Tesla the most popular when their cars are straight up trash?