Volkswagen:Competition From China EVs: Difference between revisions

Line 243: Line 243:
== Profitability of Chinese EV Makers ==
== Profitability of Chinese EV Makers ==


* '''Out of the five top exclusive EV makers examined, only BYD and Li Auto are currently profitable.'''
* '''Out of the six top exclusive EV makers examined, only BYD and Li Auto are currently profitable.'''
* '''An April study by Goldman Sachs established that if BYD were to reduce prices of its vehicles by another 10,300 yuan per vehicle, profitability of China EV segment could turn negative'''<ref>https://www.scmp.com/business/china-business/article/3260527/china-ev-price-war-worsen-market-share-takes-priority-over-profit-hastening-demise-smaller-players?utm_source=twitter&utm_campaign=3260527&utm_medium=share_widget</ref>'''.'''
* '''An April study by Goldman Sachs established that if BYD were to reduce prices of its vehicles by another 10,300 yuan per vehicle, profitability of China EV segment could turn negative'''<ref>https://www.scmp.com/business/china-business/article/3260527/china-ev-price-war-worsen-market-share-takes-priority-over-profit-hastening-demise-smaller-players?utm_source=twitter&utm_campaign=3260527&utm_medium=share_widget</ref>'''.'''


Line 427: Line 427:
| -259
| -259
| -21.64%
| -21.64%
|-
|Polestar (exclusively EV maker)
|
|
|
|
|
| -889
|
| -451
| -49.26%
| -35
| -1,062
|
| -253
|624.97%
|}
|}