In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars::undefined
Are the US and EU late, or is it a deliberate business decision from EV car manufacturers to aim for bigger and luxury cars because they make more profit?
In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars
Submitted 1 year ago by L4s@lemmy.world [bot] to technology@lemmy.world
Comments
thedarkfly@feddit.nl 1 year ago
GiddyGap@lemm.ee 1 year ago
More than 80 percent of new cars sold in Norway now are EVs.
Which also means that all the talk in the US about EVs not being reliable in cold-weather states is just pure crap from politicians trying to protect oil and the gasoline car industry.
Franzia@lemmy.blahaj.zone 1 year ago
Yup. Car and Driver Debunks Cold Weather EV Myts at most you get a 20% decrease in the efficiency of your charge. And EVs are actually better at staying warm while idle/off.
latesleeper@lemmy.world 1 year ago
They’re reliable. They just expend more energy in winter time so you get worse range.
Astroturfed@lemmy.world 1 year ago
China is subsidizing EV companies crazy hard. They brought musk in with Tesla to steal all his tech and train their workers to do it too. So bonus points for exploiting Elons hubris and ego. He was going to be first American company to be a leader in the Chinese market without them stealing all his tech. Crazy it didn’t work out.
cyd@lemmy.world 1 year ago
The timeline doesn’t add up. Chinese EV makers, including BYD, were building crazy momentum long before Musk set up shop in Shanghai (which was in 2018). It’s only come to the attention of the outside world in the last couple of years when their EVs started to get exported at scale, but before they’ve been brewing this industry for a long time. BYD shipped its first compact EV domestically in 2009.
orangeboats@lemmy.world 1 year ago
Tell me you know nothing about Chinese EVs without telling me you know nothing about Chinese EVs. BYD’s best sellers are actually plug-in hybrids, which is in no way “stolen” from Tesla.
zephyreks@programming.dev 1 year ago
China did to EVs what the US did to semiconductors.
The US and EU markets lack competition.
Franzia@lemmy.blahaj.zone 1 year ago
We’re late. Our competition sucks (almost certainly on purpose). BYD is taking the slow approach to the US market - early next decade? Reuters: BYD Global EV Push
The US car manufacturers are going to take a protectionist approach to a shrinking market. They’ve already won this decade - everybone has a massive truck/SUV, no transit, all cars including EVs are an unaffordable luxury to Americans now after “inflation.”
autotldr@lemmings.world [bot] 1 year ago
This is the best summary I could come up with:
Since Tesla Inc. and Mitsubishi Motors Corp. started developing the first mass-market electric cars in the late 2000s, battery vehicles have struggled with a higher cost structure that even subsidies and manufacturer losses haven’t been sufficient to surmount.
That’s come on the back of a price war, instigated by Tesla, so savage that the government last month induced automakers to sign a pact pledging to compete fairly and refrain from “abnormal pricing.” (The latter commitment was retracted two days later.)
Tesla’s Model 3, which previously retailed at twice the price of comparable premium mid-sized sedans such as the BMW AG 3 Series, is now the more affordable option.
BYD’s Dolphin, likewise, comes in about 5,000 yuan ($693) cheaper than a comparable compact sedan such as Volkswagen AG’s local Jetta variant, the 125,000-yuan Sagitar.
Just three years ago, Deloitte — in a report that was generally extremely bullish about the prospects for EVs — predicted this level wouldn’t be hit until the end of the decade.
Closing that gap has depended on falling costs for batteries, a process that’s been delayed as the commodity price inflation of the past few years pushed up expenditure on raw materials.
The original article contains 873 words, the summary contains 186 words. Saved 79%. I’m a bot and I’m open source!
gornar@lemmy.world 1 year ago
Meanwhile where I am in Canada, with massive amounts hydroelectric power: “bUt tHe gRiD!”
AirlineF0od@lemm.ee 1 year ago
A certain amount passes through anyway, but how much water has to be let through a dam to charge a car?
Rozz@lemmy.sdf.org 1 year ago
How is their infrastructure for charging?
TwinTusks@outpost.zeuslink.net 1 year ago
Not really good, within the city limits is quite good, many malls have charger in their parkings, however long distance driving is not ideal (either no charging stations or charging stations are broken).
kameecoding@lemmy.world 1 year ago
so it’s good except for Long distance?
TenderfootGungi@lemmy.world 1 year ago
They are far simpler with fewer parts. It is only a matter of scaling up manufacturing. The biggest cost is the battery.
BYD is closing in on Tesla as the largest EV manufacturer and most Americans have no idea they exist.
1bluepixel@lemmy.world 1 year ago
I was in China two months ago and the use of electric cars is honestly changing the feeling of big cities. Delivery motorcycles and service vehicles are all electric now, and with the number of electric cars on the road, streets are a lot quieter now barring the frequent honking. Less air pollution too.
What I love and Chinese electric car manufacturers is that they’ve fully embraced the cyberpunk aesthetic from the chassis design to the car sounds. Made me feel like I was walking around a cyberpunk movie set.
doublejay1999@lemmy.world 1 year ago
Cannot wait until EV replaces the noisy crotch rocket bikes .
Yonrak@feddit.uk 1 year ago
I just got back from a business trip to China also. The high proportion of EVs, particularly in the southern cities like Guangzhou and Shenzhen really stood out to me, and many of them (particularly from BYD) looked really, really nice. They seemed less prominent in the more northern part of the country (e.g. Shenyang, Beijing), but even there I’d say they’re more common than in the UK.
It was a real eye opener
FMT99@lemmy.world 1 year ago
Would be interesting to see. The Chinese EVs being pushed on the market here (Europe) are the typical ugly huge American SUV style.
JackGreenEarth@lemm.ee 1 year ago
Do you have pictures? I would love to see.
p03locke@lemmy.dbzer0.com 1 year ago
So, the Vaporwave color pallete?
Franzia@lemmy.blahaj.zone 1 year ago
I’d really like to see more of this. Do you know some of the names of these super cool manufacturers / designs?
witten@lemmy.world 1 year ago
That all sounds wonderful, but don’t forget that brake dust accounts for even more pollution than tailpipe emissions in many locations. And as electric cars are heavier, they generate more brake dust than their combustion counterparts. I’m all for the switch to EVs, personally, but I think even then we’ve still got work to do.
TwinTusks@outpost.zeuslink.net 1 year ago
I actually think Chinese EVs are quite ugly.
Franzia@lemmy.blahaj.zone 1 year ago
BYD has chosen not to approach the US market until at least 2030.
doublejay1999@lemmy.world 1 year ago
It’s only a matter of getting manufacturers to give the extra margin they’ve been creaming