Skip to main content

The Guardian view on China's EV breakthrough: helped by the kind of strategic state Elon Musk despises | Editorial

BYD, a Chinese carmaker once dismissed by Tesla’s CEO, claims to have outpaced western rivals with charging tech that’s as fast as filling petrol engines

Tesla’s boss, Elon Musk, once thought the idea that China’s BYD could compete with his company was laughable. In 2011, he smugly dismissed the Chinese carmaker as unimpressive, its products unattractive and its technology “not very strong”. He’s not laughing now – and not just because Tesla’s stock has plummeted amid a boycott by motorists protesting against his embrace of far-right politics. More pressingly, Mr Musk, like other western carmakers, has been outpaced by BYD.

Last week, the Chinese electric vehicle (EV) manufacturer unveiled new charging technology that, it says, is capable of delivering 400km (249 miles) of driving range in just five minutes – as quick as filling up a petrol car. The system, released next month, will be fitted in two EVs, priced from 270,000 yuan (£29,000) – comparable to Tesla’s most affordable model in China. Yet BYD claims to quadruple Tesla’s kilometres-per-minute charging rate. Technological supremacy at a competitive price may help to explain why BYD now sells seven times as many cars in China as Tesla.

Continue reading...

Comments

Post a Comment

Popular posts from this blog

UK new car buyers drive a bargain as average discount nears £6,000

Motorists benefit as industry offers deals of up to 18% off to attract buyers for petrol, diesel and electric models If you are considering buying a new car, now might be the time to act as new data shows manufacturers and dealers slashing prices by more than 10%, with the average discount close to £6,000. The typical discount available across all petrol, diesel and electric cars sold in the UK is 11.4% of the on-the-road price – the equivalent of £5,911 – according to Insider Car Deals , which sells discount data to people looking to buy. Continue reading...
Post a Comment
Read more

EU carmakers pave way for Chinese rivals as balance in market shifts

Many European motoring manufacturers are in retreat with plants to off–load – while China’s industry is on the march Chinese carmaker Xpeng is on the hunt for a factory in Europe. Volkswagen is aiming to reduce the number of its factories. It seems like it should have been the perfect set-up for a deal. Yet there was one problem with the plant on offer, according to Elvis Cheng, Xpeng’s managing director of north-eastern Europe: “It’s a little bit, I would say, old.” Continue reading...
Post a Comment
Read more

Nissan open to making cars for Chinese partner in Sunderland, says CEO

Ivan Espinosa says UK plant will not be hit by cost cuts as Japanese firm reveals seven factories to close Business live – latest updates Nissan’s new chief executive has said the Japanese carmaker would be open to building cars for a Chinese partner at its factory in Sunderland as he confirmed it would not be closed in a round of deep cost cuts. This week Nissan revealed plans to close seven factories and cut 20,000 jobs after sustaining heavy losses. Continue reading...
Post a Comment
Read more