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Volkswagen:Competition From China EVs: Difference between revisions
Volkswagen:Competition From China EVs (view source)
Revision as of 13:45, 2 September 2024
, 2 September 2024→How are prices and profits of models produced by the same Chinese brand developing in different regions?
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=== Production Costs in China Versus in Europe === | |||
* An analysis by UBS established that it costs less for Chinese EVs to export to Europe than manufacture locally. '''The analysis also established that it would cost BYD $10,500 (€ 9,500) less to produce its SEAL in China than a Volkswagen ID.3 in Europe. Still, they concluded that that BYD will still be able to achieve a 25% cost advantage by producing in Europe thanks to its vertically integrated supply chain. UBS pointed out that BYD makes 75% of its auto parts internally'''<ref>https://technode.com/2023/09/06/byds-manufacturing-costs-in-eu-could-be-25-lower-than-rivals-ubs/</ref>. | |||
* According to Benchmark analyst Roman Aubry, BYD is able to negotiate lower costs for battery materials since it's a giant battery maker<ref name=":42">https://www.reuters.com/business/autos-transportation/why-byds-ev-exports-sell-twice-china-price-2024-04-26/</ref>.<br /> | |||