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Volkswagen:Competition From China EVs: Difference between revisions
Volkswagen:Competition From China EVs (view source)
Revision as of 14:27, 6 September 2024
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* UBS pointed out that Tesla Model 3 (starting at around 28,500 euros) made in China is 15% more expensive than its BYD rival (also made in China). It added that BYD's vehicles sold in China are 35% cheaper than those of its competitors made in Europe<ref>https://technode.com/2023/09/06/byds-manufacturing-costs-in-eu-could-be-25-lower-than-rivals-ubs/</ref>. | * UBS pointed out that Tesla Model 3 (starting at around 28,500 euros) made in China is 15% more expensive than its BYD rival (also made in China). It added that BYD's vehicles sold in China are 35% cheaper than those of its competitors made in Europe<ref>https://technode.com/2023/09/06/byds-manufacturing-costs-in-eu-could-be-25-lower-than-rivals-ubs/</ref>. | ||
=== Profits === | === Profits of Chinese Made EVs === | ||
* According to an analysis by the A2MAC1, BYD's Dolphin commanded a $7,400 (6,690 euros) profit premium in Europe compared to China<ref name=":4">https://www.reuters.com/business/autos-transportation/why-byds-ev-exports-sell-twice-china-price-2024-04-26/</ref>. | * According to an analysis by the A2MAC1, BYD's Dolphin commanded a $7,400 (6,690 euros) profit premium in Europe compared to China<ref name=":4">https://www.reuters.com/business/autos-transportation/why-byds-ev-exports-sell-twice-china-price-2024-04-26/</ref>. | ||
* According to price analysis by the Rhodium Group, BYD makes a profit of around 14,300 euros per each SEAL U model sold in Europe, compared to 1,300 euros made in China. The analysis takes into account manufacturer suggested retail prices (MSRPs), shipping, tariffs, distribution and VAT costs<ref name=":3">https://rhg.com/research/aint-no-duty-high-enough/</ref>. | * According to price analysis by the Rhodium Group, BYD makes a profit of around 14,300 euros per each SEAL U model (D-segment vehicle) sold in Europe, compared to 1,300 euros made in China. The analysis takes into account manufacturer suggested retail prices (MSRPs), shipping, tariffs, distribution and VAT costs<ref name=":3">https://rhg.com/research/aint-no-duty-high-enough/</ref>. | ||
[[File:Rhodium Group.png|left|thumb|933x933px]] | [[File:Rhodium Group.png|left|thumb|933x933px]] | ||