BYD confident all new cars in China will be electric by 2030

China’s electric car makers predict that 6 million electric cars per year will be sold in 2023 in China. This would be 20% of China’s 30 million new car sales in 2023. Currently China sells about 24-25 million new cars in 2018 and expects about 1.5 million electric car sales in 2019.

BYD is the world’s largest new-energy vehicle maker by sales. Warren Buffet invested in BYD.

BYD’s chairman and president, Wang Chuanfu, predicts all new cars in China will be electric cars by 2030. If this happens and BYD is still the market leader then they would have annual sales of one trillion yuan (US$144.4 billion) by 2025, or nine times 2017 revenue.

Most of China’s domestically built electric cars have driving ranges of below 300km, compared to Tesla’s 500km. Chinese-made batteries are heavier and bigger than Tesla batteries.

136 thoughts on “BYD confident all new cars in China will be electric by 2030”

  1. This statement is completely untrueand or misleading >Most of China’s domestically built electric cars have driving ranges of below 300km, compared to Tesla’s 500km. Chinese-made batteries are heavier and bigger than Tesla batteries. Most of China’s domestically built EV’s cost under $20,000 and they have much smaller battery packs compared to the model 3 It makes no sense to compare a premium vehicle like the model 3 vs a model for poor people >Chinese-made batteries are heavier and bigger than Tesla batteries. Again misleading, BYD batteries are heavier and hold less charge because they use the battery chemistry LiFePo4 while Tesla uses the battery chemistry NMC comparing a car using LiFePo4 vs a car using NMC is apples to oranges, equivalent to comparing Chinese gunpowder to European dynamite When you compare a Chinese car meant to compete with the Tesla model 3 for the same premium market using the same specifications you get much more comparable specifications An example would be the Volvo Polestar (remember China bought Volvo) The Polestar 2 retails for $40,000 MSRP and has a range of 350 miles and uses NMC The Model 3 Long Range retails for $49,000 MSRP and has a range 310 miles and uses NMC

    Reply
  2. This statement is completely untrueand or misleading>Most of China’s domestically built electric cars have driving ranges of below 300km compared to Tesla’s 500km. Chinese-made batteries are heavier and bigger than Tesla batteries. Most of China’s domestically built EV’s cost under $20000 and they have much smaller battery packs compared to the model 3 It makes no sense to compare a premium vehicle like the model 3 vs a model for poor people >Chinese-made batteries are heavier and bigger than Tesla batteries. Again misleading BYD batteries are heavier and hold less charge because they use the battery chemistry LiFePo4 while Tesla uses the battery chemistry NMC comparing a car using LiFePo4 vs a car using NMC is apples to oranges equivalent to comparing Chinese gunpowder to European dynamite When you compare a Chinese car meant to compete with the Tesla model 3 for the same premium market using the same specifications you get much more comparable specifications An example would be the Volvo Polestar (remember China bought Volvo)The Polestar 2 retails for $40000 MSRP and has a range of 350 miles and uses NMC The Model 3 Long Range retails for $49000 MSRP and has a range 310 miles and uses NMC”

    Reply
  3. It makes no sense to compare a premium vehicle like the model 3 vs a model for poor people” That probably reads a bit differently than you intended.

    Reply
  4. That chart doesn’t look too good for Tesla. Looks like Tesla will be near the bottom when it comes to electric cars and holding at about the same level as BMW and Mercedes. As usual Toyota, VW, and Nissan will win and that chart isn’t even looking at Honda.

    Reply
  5. Good question to evaluate one’s IQ: If car B cost 60% less and have 30% less battery than car A, does car B A: have biger and heavier batteries than car A B: have more battery per $ than car A They say IQ isnt equal between coutries, maybe this is why China dominate EVs Wonder how some people will react if they find out literally all premium European carmakers signed deals to use Chinese CATL batteries

    Reply
  6. That chart doesn’t look too good for Tesla. Looks like Tesla will be near the bottom when it comes to electric cars and holding at about the same level as BMW and Mercedes.As usual Toyota VW and Nissan will win and that chart isn’t even looking at Honda.

    Reply
  7. Good question to evaluate one’s IQ: If car B cost 60{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} less and have 30{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} less battery than car A does car BA: have biger and heavier batteries than car AB: have more battery per $ than car AThey say IQ isnt equal between coutries maybe this is why China dominate EVsWonder how some people will react if they find out literally all premium European carmakers signed deals to use Chinese CATL batteries

    Reply
  8. Polestar 2 retails for $40,000 MSRP? Where are you getting that number. 350miles in on a European measuring cycle which overestimates range by 36%.

    Reply
  9. Totally biased chart. Just compare the current TESLA model X specs to the coming models from Germans and Jaguar. They are already inferior. Looks like they already lost before even getting into the game.

    Reply
  10. That chart is B.S. Tesla is number one now and will be selling at least 1 to 1.5 million in 2020 not 0.5 where as all other manufactures will still have less than 2-3 electric car models on the market. So how in the world they will be selling more than Tesla especially without an equal to tesla supercharger network? So far the announced first gen of electric cars from Merc, AUDI, Jag that come out next year are all inferior to current TESLA model in all specs.

    Reply
  11. Nissan with 3 million cars in 2022? In four years? Hoow will they create the charger network in just 4 years? I strongly doubt they will move from almost zero to 3 millions in just four years

    Reply
  12. Polestar 2 retails for $40000 MSRP? Where are you getting that number. 350miles in on a European measuring cycle which overestimates range by 36{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12}.

    Reply
  13. Totally biased chart. Just compare the current TESLA model X specs to the coming models from Germans and Jaguar. They are already inferior. Looks like they already lost before even getting into the game.

    Reply
  14. That chart is B.S. Tesla is number one now and will be selling at least 1 to 1.5 million in 2020 not 0.5 where as all other manufactures will still have less than 2-3 electric car models on the market. So how in the world they will be selling more than Tesla especially without an equal to tesla supercharger network? So far the announced first gen of electric cars from Merc AUDI Jag that come out next year are all inferior to current TESLA model in all specs.

    Reply
  15. Nissan with 3 million cars in 2022? In four years? Hoow will they create the charger network in just 4 years? I strongly doubt they will move from almost zero to 3 millions in just four years

    Reply
  16. All energy can transform hydrogen and coal into synthetic fuels that, in modern engines, release cleaner exhaust gases than the air they enter. Hybrid with 10-15 kWh and one https://www.dlr.de/dlr/en/Portaldata/1/Resources/videos/2013/FKLG_en_600.mp4 . In the near future, I think that the cheapest energy comes from nuclear power with high enough temperature to produce hydrogen with higher efficiency than electrity. They will also replace the need for expensive power grids as they can switch between electricity and hydrogen production according to the local need for electric power. Airplanes that really need much higher energy density than today’s batteries. Electrification has begun to go beyond profitability and minimal environmental impact, it has become politics but everyone should knows that sooner or later technology always wins against policy.

    Reply
  17. No Tesla will not be 1 million in 2020 as they have the capacity of 0.5 million until Giga 3 is ready (2021) Still they will be able to ramp up fast after that if they build Giga 4 and Giga 5 I can only guess Regards

    Reply
  18. All energy can transform hydrogen and coal into synthetic fuels that in modern engines release cleaner exhaust gases than the air they enter. Hybrid with 10-15 kWh and onehttps://www.dlr.de/dlr/en/Portaldata/1/Resources/videos/2013/FKLG_en_600.mp4 .In the near future I think that the cheapest energy comes from nuclear power with high enough temperature to produce hydrogen with higher efficiency than electrity. They will also replace the need for expensive power grids as they can switch between electricity and hydrogen production according to the local need for electric power. Airplanes that really need much higher energy density than today’s batteries. Electrification has begun to go beyond profitability and minimal environmental impact it has become politics but everyone should knows that sooner or later technology always wins against policy.

    Reply
  19. No Tesla will not be 1 million in 2020 as they have the capacity of 0.5 million until Giga 3 is ready (2021) Still they will be able to ramp up fast after that if they build Giga 4 and Giga 5 I can only guess Regards

    Reply
  20. As a side note, where have all the old comments gone? I wrote to Brian about mo-nth ago and here is his reply I switched from Solidopinion to Vuukle. Solidopinion is working on the export file. They provided an incorrect file format. Hopefully this will be corrected so that Vuukle can import this week or next. Brian Wang This was at the beginnigng of august

    Reply
  21. China NEV is a mirage. I do believe China is gearing up NEV production like gangbusters. I’ve seen the production lines at several of the manufacturers. The big push is on the lower end models, because it is what most can afford. A compact BEV costs the buyer about $10-12,000, which is pretty amazing. Not amazing is that none of these cars make money for the assembler (high labor costs). The Chinese can build anything. The problem is demand, the grid, and financials. Car demand in China is plateauing because everyone who could afford to buy one has bought one and maxed out congestion. The plate lottery is now to the point where it’s easier to win at Powerball. The cost of a new plate in a major urban area is $10-12k. Yeah, about as much as a new compact car. The auto fleet is China is

    Reply
  22. I gave an adress to a free piston linear generator from the german prototype but that is not allowed by this commentary system. I do not understand why Brian chooses the worst?

    Reply
  23. As a side note where have all the old comments gone? I wrote to Brian about mo-nth ago and here is his reply I switched from Solidopinion to Vuukle.Solidopinion is working on the export file. They provided an incorrect file format.Hopefully this will be corrected so that Vuukle can import this week or next.Brian WangThis was at the beginnigng of august

    Reply
  24. China NEV is a mirage. I do believe China is gearing up NEV production like gangbusters. I’ve seen the production lines at several of the manufacturers. The big push is on the lower end models because it is what most can afford. A compact BEV costs the buyer about $10-12000 which is pretty amazing. Not amazing is that none of these cars make money for the assembler (high labor costs).The Chinese can build anything. The problem is demand the grid and financials. Car demand in China is plateauing because everyone who could afford to buy one has bought one and maxed out congestion. The plate lottery is now to the point where it’s easier to win at Powerball. The cost of a new plate in a major urban area is $10-12k. Yeah about as much as a new compact car. The auto fleet is China is

    Reply
  25. I gave an adress to a free piston linear generator from the german prototype but that is not allowed by this commentary system. I do not understand why Brian chooses the worst?

    Reply
  26. I think we have evidence that car assembly carried out in tents doesn’t match the quality achieved on dedicated production lines in proper factories. Otherwise everyone would just use tents instead of wasting a fortune on clean rooms and buildings.

    Reply
  27. You have to either give the url with gaps in it so the Big Sister doesn’t think you are linking to a bad thing. eg. www. madeup. name /address /moreadress Or find a word or phrase that will give the correct result with a google search. Any non copypasta text line usually works.

    Reply
  28. I think we have evidence that car assembly carried out in tents doesn’t match the quality achieved on dedicated production lines in proper factories. Otherwise everyone would just use tents instead of wasting a fortune on clean rooms and buildings.

    Reply
  29. You have to either give the url with gaps in it so the Big Sister doesn’t think you are linking to a bad thing.eg. www. madeup. name /address /moreadressOr find a word or phrase that will give the correct result with a google search. Any non copypasta text line usually works.

    Reply
  30. I think we have evidence that car assembly carried out in tents doesn’t match the quality achieved on dedicated production lines in proper factories. Otherwise everyone would just use tents instead of wasting a fortune on clean rooms and buildings.

    Reply
  31. I think we have evidence that car assembly carried out in tents doesn’t match the quality achieved on dedicated production lines in proper factories. Otherwise everyone would just use tents instead of wasting a fortune on clean rooms and buildings.

    Reply
  32. You have to either give the url with gaps in it so the Big Sister doesn’t think you are linking to a bad thing. eg. www. madeup. name /address /moreadress Or find a word or phrase that will give the correct result with a google search. Any non copypasta text line usually works.

    Reply
  33. You have to either give the url with gaps in it so the Big Sister doesn’t think you are linking to a bad thing.eg. www. madeup. name /address /moreadressOr find a word or phrase that will give the correct result with a google search. Any non copypasta text line usually works.

    Reply
  34. I think we have evidence that car assembly carried out in tents doesn’t match the quality achieved on dedicated production lines in proper factories.

    Otherwise everyone would just use tents instead of wasting a fortune on clean rooms and buildings.

    Reply
  35. You have to either give the url with gaps in it so the Big Sister doesn’t think you are linking to a bad thing.
    eg. www. madeup. name /address /moreadress

    Or find a word or phrase that will give the correct result with a google search. Any non copypasta text line usually works.

    Reply
  36. As a side note, where have all the old comments gone? I wrote to Brian about mo-nth ago and here is his reply I switched from Solidopinion to Vuukle. Solidopinion is working on the export file. They provided an incorrect file format. Hopefully this will be corrected so that Vuukle can import this week or next. Brian Wang This was at the beginnigng of august

    Reply
  37. As a side note where have all the old comments gone? I wrote to Brian about mo-nth ago and here is his reply I switched from Solidopinion to Vuukle.Solidopinion is working on the export file. They provided an incorrect file format.Hopefully this will be corrected so that Vuukle can import this week or next.Brian WangThis was at the beginnigng of august

    Reply
  38. China NEV is a mirage. I do believe China is gearing up NEV production like gangbusters. I’ve seen the production lines at several of the manufacturers. The big push is on the lower end models, because it is what most can afford. A compact BEV costs the buyer about $10-12,000, which is pretty amazing. Not amazing is that none of these cars make money for the assembler (high labor costs). The Chinese can build anything. The problem is demand, the grid, and financials. Car demand in China is plateauing because everyone who could afford to buy one has bought one and maxed out congestion. The plate lottery is now to the point where it’s easier to win at Powerball. The cost of a new plate in a major urban area is $10-12k. Yeah, about as much as a new compact car. The auto fleet is China is

    Reply
  39. China NEV is a mirage. I do believe China is gearing up NEV production like gangbusters. I’ve seen the production lines at several of the manufacturers. The big push is on the lower end models because it is what most can afford. A compact BEV costs the buyer about $10-12000 which is pretty amazing. Not amazing is that none of these cars make money for the assembler (high labor costs).The Chinese can build anything. The problem is demand the grid and financials. Car demand in China is plateauing because everyone who could afford to buy one has bought one and maxed out congestion. The plate lottery is now to the point where it’s easier to win at Powerball. The cost of a new plate in a major urban area is $10-12k. Yeah about as much as a new compact car. The auto fleet is China is

    Reply
  40. I gave an adress to a free piston linear generator from the german prototype but that is not allowed by this commentary system. I do not understand why Brian chooses the worst?

    Reply
  41. I gave an adress to a free piston linear generator from the german prototype but that is not allowed by this commentary system. I do not understand why Brian chooses the worst?

    Reply
  42. All energy can transform hydrogen and coal into synthetic fuels that, in modern engines, release cleaner exhaust gases than the air they enter. Hybrid with 10-15 kWh and one https://www.dlr.de/dlr/en/Portaldata/1/Resources/videos/2013/FKLG_en_600.mp4 . In the near future, I think that the cheapest energy comes from nuclear power with high enough temperature to produce hydrogen with higher efficiency than electrity. They will also replace the need for expensive power grids as they can switch between electricity and hydrogen production according to the local need for electric power. Airplanes that really need much higher energy density than today’s batteries. Electrification has begun to go beyond profitability and minimal environmental impact, it has become politics but everyone should knows that sooner or later technology always wins against policy.

    Reply
  43. All energy can transform hydrogen and coal into synthetic fuels that in modern engines release cleaner exhaust gases than the air they enter. Hybrid with 10-15 kWh and onehttps://www.dlr.de/dlr/en/Portaldata/1/Resources/videos/2013/FKLG_en_600.mp4 .In the near future I think that the cheapest energy comes from nuclear power with high enough temperature to produce hydrogen with higher efficiency than electrity. They will also replace the need for expensive power grids as they can switch between electricity and hydrogen production according to the local need for electric power. Airplanes that really need much higher energy density than today’s batteries. Electrification has begun to go beyond profitability and minimal environmental impact it has become politics but everyone should knows that sooner or later technology always wins against policy.

    Reply
  44. No Tesla will not be 1 million in 2020 as they have the capacity of 0.5 million until Giga 3 is ready (2021) Still they will be able to ramp up fast after that if they build Giga 4 and Giga 5 I can only guess Regards

    Reply
  45. No Tesla will not be 1 million in 2020 as they have the capacity of 0.5 million until Giga 3 is ready (2021) Still they will be able to ramp up fast after that if they build Giga 4 and Giga 5 I can only guess Regards

    Reply
  46. Polestar 2 retails for $40,000 MSRP? Where are you getting that number. 350miles in on a European measuring cycle which overestimates range by 36%.

    Reply
  47. Polestar 2 retails for $40000 MSRP? Where are you getting that number. 350miles in on a European measuring cycle which overestimates range by 36{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12}.

    Reply
  48. Totally biased chart. Just compare the current TESLA model X specs to the coming models from Germans and Jaguar. They are already inferior. Looks like they already lost before even getting into the game.

    Reply
  49. Totally biased chart. Just compare the current TESLA model X specs to the coming models from Germans and Jaguar. They are already inferior. Looks like they already lost before even getting into the game.

    Reply
  50. That chart is B.S. Tesla is number one now and will be selling at least 1 to 1.5 million in 2020 not 0.5 where as all other manufactures will still have less than 2-3 electric car models on the market. So how in the world they will be selling more than Tesla especially without an equal to tesla supercharger network? So far the announced first gen of electric cars from Merc, AUDI, Jag that come out next year are all inferior to current TESLA model in all specs.

    Reply
  51. That chart is B.S. Tesla is number one now and will be selling at least 1 to 1.5 million in 2020 not 0.5 where as all other manufactures will still have less than 2-3 electric car models on the market. So how in the world they will be selling more than Tesla especially without an equal to tesla supercharger network? So far the announced first gen of electric cars from Merc AUDI Jag that come out next year are all inferior to current TESLA model in all specs.

    Reply
  52. Nissan with 3 million cars in 2022? In four years? Hoow will they create the charger network in just 4 years? I strongly doubt they will move from almost zero to 3 millions in just four years

    Reply
  53. Nissan with 3 million cars in 2022? In four years? Hoow will they create the charger network in just 4 years? I strongly doubt they will move from almost zero to 3 millions in just four years

    Reply
  54. As a side note, where have all the old comments gone?
    I wrote to Brian about mo-nth ago and here is his reply

    I switched from Solidopinion to Vuukle.

    Solidopinion is working on the export file. They provided an incorrect file format.

    Hopefully this will be corrected so that Vuukle can import this week or next.

    Brian Wang

    This was at the beginnigng of august

    Reply
  55. China NEV is a mirage. I do believe China is gearing up NEV production like gangbusters. I’ve seen the production lines at several of the manufacturers. The big push is on the lower end models, because it is what most can afford. A compact BEV costs the buyer about $10-12,000, which is pretty amazing. Not amazing is that none of these cars make money for the assembler (high labor costs).

    The Chinese can build anything. The problem is demand, the grid, and financials. Car demand in China is plateauing because everyone who could afford to buy one has bought one and maxed out congestion. The plate lottery is now to the point where it’s easier to win at Powerball. The cost of a new plate in a major urban area is $10-12k. Yeah, about as much as a new compact car. The auto fleet is China is < 7years old so there isn't, yet, a replacement market. The trade-in market which is key to China's future domestic car sales is still 5 years away from really ramping up. The grid. A huge problem that needs solving. China has about 450k charging stations (half private half public) which is totally under-dimensioned. The ratio of EV cars to chargers is 9:1 when the target is 1:1. All the power station makers lose money with capex recovery of 5 years. They are bleeding financially despite the shortage because the private stations are hardly used. So the governments are building out public capacity, at a huge loss. Finance. The combination of buyer subsidies, losses for the state-owned car makers, and building out the grid (which still runs primarily on coal power) for a vehicle industry which contributes to about 8-10% of total CO2 emissions, is really, really expensive. The central government can pretty much do as they want, and they don't run on profits, but not even in China does money grow on trees. It's really difficult to estimate what the total cost to the PRC is for the end-to-end NEV value chain, but I've heard $30-40 billion a year. Might not sound like much, but it competes for money elsewhere, especially local governments. The fact that CPC is looking at significantly cutting buyer subsidies tells you they are concerned about the cash burn. One way to solve the money problem is to export NEV car production. I doubt that will happen given trade barriers, and charging obstacles in emerging markets. The Chinese could force everyone to replace their ICE with NEV, but that just adds more zeros to the cost problem. The reason China got into all this NEV stuff was to reduce air pollution. They know, of course, the real problem are coal fired power plants and diesel trucks, ie smog makers. But not losing face on NEV strategy means the cash bleed will continue for a while.

    Reply
  56. All energy can transform hydrogen and coal into synthetic fuels that, in modern engines, release cleaner exhaust gases than the air they enter. Hybrid with 10-15 kWh and one
    https://www.dlr.de/dlr/en/Portaldata/1/Resources/videos/2013/FKLG_en_600.mp4 .

    In the near future, I think that the cheapest energy comes from nuclear power with high enough temperature to produce hydrogen with higher efficiency than electrity.

    They will also replace the need for expensive power grids as they can switch between electricity and hydrogen production according to the local need for electric power.

    Airplanes that really need much higher energy density than today’s batteries. Electrification has begun to go beyond profitability and minimal environmental impact, it has become politics but everyone should knows that sooner or later technology always wins against policy.

    Reply
  57. It makes no sense to compare a premium vehicle like the model 3 vs a model for poor people” That probably reads a bit differently than you intended.

    Reply
  58. It makes no sense to compare a premium vehicle like the model 3 vs a model for poor people””That probably reads a bit differently than you intended.”””

    Reply
  59. That chart doesn’t look too good for Tesla. Looks like Tesla will be near the bottom when it comes to electric cars and holding at about the same level as BMW and Mercedes. As usual Toyota, VW, and Nissan will win and that chart isn’t even looking at Honda.

    Reply
  60. That chart doesn’t look too good for Tesla. Looks like Tesla will be near the bottom when it comes to electric cars and holding at about the same level as BMW and Mercedes.As usual Toyota VW and Nissan will win and that chart isn’t even looking at Honda.

    Reply
  61. Good question to evaluate one’s IQ: If car B cost 60% less and have 30% less battery than car A, does car B A: have biger and heavier batteries than car A B: have more battery per $ than car A They say IQ isnt equal between coutries, maybe this is why China dominate EVs Wonder how some people will react if they find out literally all premium European carmakers signed deals to use Chinese CATL batteries

    Reply
  62. Good question to evaluate one’s IQ: If car B cost 60{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} less and have 30{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} less battery than car A does car BA: have biger and heavier batteries than car AB: have more battery per $ than car AThey say IQ isnt equal between coutries maybe this is why China dominate EVsWonder how some people will react if they find out literally all premium European carmakers signed deals to use Chinese CATL batteries

    Reply
  63. This statement is completely untrueand or misleading >Most of China’s domestically built electric cars have driving ranges of below 300km, compared to Tesla’s 500km. Chinese-made batteries are heavier and bigger than Tesla batteries. Most of China’s domestically built EV’s cost under $20,000 and they have much smaller battery packs compared to the model 3 It makes no sense to compare a premium vehicle like the model 3 vs a model for poor people >Chinese-made batteries are heavier and bigger than Tesla batteries. Again misleading, BYD batteries are heavier and hold less charge because they use the battery chemistry LiFePo4 while Tesla uses the battery chemistry NMC comparing a car using LiFePo4 vs a car using NMC is apples to oranges, equivalent to comparing Chinese gunpowder to European dynamite When you compare a Chinese car meant to compete with the Tesla model 3 for the same premium market using the same specifications you get much more comparable specifications An example would be the Volvo Polestar (remember China bought Volvo) The Polestar 2 retails for $40,000 MSRP and has a range of 350 miles and uses NMC The Model 3 Long Range retails for $49,000 MSRP and has a range 310 miles and uses NMC

    Reply
  64. This statement is completely untrueand or misleading>Most of China’s domestically built electric cars have driving ranges of below 300km compared to Tesla’s 500km. Chinese-made batteries are heavier and bigger than Tesla batteries. Most of China’s domestically built EV’s cost under $20000 and they have much smaller battery packs compared to the model 3 It makes no sense to compare a premium vehicle like the model 3 vs a model for poor people >Chinese-made batteries are heavier and bigger than Tesla batteries. Again misleading BYD batteries are heavier and hold less charge because they use the battery chemistry LiFePo4 while Tesla uses the battery chemistry NMC comparing a car using LiFePo4 vs a car using NMC is apples to oranges equivalent to comparing Chinese gunpowder to European dynamite When you compare a Chinese car meant to compete with the Tesla model 3 for the same premium market using the same specifications you get much more comparable specifications An example would be the Volvo Polestar (remember China bought Volvo)The Polestar 2 retails for $40000 MSRP and has a range of 350 miles and uses NMC The Model 3 Long Range retails for $49000 MSRP and has a range 310 miles and uses NMC”

    Reply
  65. No Tesla will not be 1 million in 2020 as they have the capacity of 0.5 million until Giga 3 is ready
    (2021)
    Still they will be able to ramp up fast after that if they build Giga 4 and Giga 5 I can only guess Regards

    Reply
  66. Totally biased chart. Just compare the current TESLA model X specs to the coming models from Germans and Jaguar. They are already inferior. Looks like they already lost before even getting into the game.

    Reply
  67. That chart is B.S. Tesla is number one now and will be selling at least 1 to 1.5 million in 2020 not 0.5 where as all other manufactures will still have less than 2-3 electric car models on the market. So how in the world they will be selling more than Tesla especially without an equal to tesla supercharger network? So far the announced first gen of electric cars from Merc, AUDI, Jag that come out next year are all inferior to current TESLA model in all specs.

    Reply
  68. That chart doesn’t look too good for Tesla. Looks like Tesla will be near the bottom when it comes to electric cars and holding at about the same level as BMW and Mercedes.

    As usual Toyota, VW, and Nissan will win and that chart isn’t even looking at Honda.

    Reply
  69. Good question to evaluate one’s IQ: If car B cost 60% less and have 30% less battery than car A, does car B

    A: have biger and heavier batteries than car A
    B: have more battery per $ than car A

    They say IQ isnt equal between coutries, maybe this is why China dominate EVs

    Wonder how some people will react if they find out literally all premium European carmakers signed deals to use Chinese CATL batteries

    Reply
  70. This statement is completely untrueand or misleading

    >Most of China’s domestically built electric cars have driving ranges of below 300km, compared to Tesla’s 500km. Chinese-made batteries are heavier and bigger than Tesla batteries.

    Most of China’s domestically built EV’s cost under $20,000 and they have much smaller battery packs compared to the model 3

    It makes no sense to compare a premium vehicle like the model 3 vs a model for poor people

    >Chinese-made batteries are heavier and bigger than Tesla batteries.

    Again misleading, BYD batteries are heavier and hold less charge because they use the battery chemistry LiFePo4 while Tesla uses the battery chemistry NMC

    comparing a car using LiFePo4 vs a car using NMC is apples to oranges, equivalent to comparing Chinese gunpowder to European dynamite

    When you compare a Chinese car meant to compete with the Tesla model 3 for the same premium market using the same specifications you get much more comparable specifications

    An example would be the Volvo Polestar (remember China bought Volvo)

    The Polestar 2 retails for $40,000 MSRP and has a range of 350 miles and uses NMC

    The Model 3 Long Range retails for $49,000 MSRP and has a range 310 miles and uses NMC

    Reply

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