ramin rahimian’s Post

Exciting developments in the electric vehicle industry! BYD has significantly increased its production capacity, adding the equivalent of a Tesla's worth of capacity over the past three months. This expansion is a pivotal move in the ongoing evolution of the EV market, positioning BYD to meet growing global demand and enhance its competitive edge. For a deeper dive into this impressive achievement and what it means for the future of electric mobility, read the full blog post here: [BYD Added a Tesla-Worth of Production Capacity over the Past 3 Months](https://ift.tt/t6nzbOE)

How did BYD surpass Tesla in the EV market? ABI Research's ranking places BYD at the top spot, thanks to its vertical integration and diverse model range. Dylan Khoo, Industry Analyst at ABI Research, highlights the shifting automotive landscape as OEMs embrace the EV transition. #BYD #AutomotiveInnovation #EVMarket

🚗🔋 The Evolving EV Landscape: Tesla vs. BYD 🔋🚗 As the electric vehicle (EV) market continues to evolve, we're witnessing a fascinating shift. Tesla, renowned for its groundbreaking technology, high performance, and iconic brand, remains a major player in the EV space. However, it's worth noting that BYD has emerged as a top seller, particularly in China, thanks to its broad range of affordable and practical EV options. While Tesla's charm and innovation still resonate strongly with many consumers, the growing success of BYD underscores the increasing competition and diversity in the EV market. This shift highlights a broader trend: the demand for a variety of EV choices is on the rise. Both Tesla and BYD are shaping the future of transportation, each in their own unique way. 🚀🌍 #ElectricVehicles #Tesla #BYD #Innovation #AutomotiveIndustry #FutureOfTransport #EVs

BYD closes in on Tesla with record EV sales in December | https://lnkd.in/gWGhj-Ca #BYD #Tesla #EVMarket #ElectricVehicles #SustainableMobility #ChinaAutomotive #GlobalEVCompetition #BritainHerald #BYDSales #TeslaVsBYD #EVRevolution

The global electric vehicle (EV) market is witnessing fierce competition between major players like Tesla and BYD. Tesla, renowned for its premium vehicles and groundbreaking technology, has long been a trailblazer in the EV sector. On the other hand, BYD, a Chinese company, is swiftly expanding its market presence, especially in China, by emphasizing affordable EVs and plug-in hybrids. Notably, BYD's vertically integrated business model, encompassing battery production, provides it with a notable competitive advantage. Both Tesla and BYD are pivotal in propelling the EV industry forward through their emphasis on price competitiveness and technological innovations. As these two giants vie for market supremacy, the future trajectory of the EV market is expected to be significantly influenced by their strategies and advancements. Stay tuned as these industry leaders shape the landscape of electric vehicles through their ongoing competition and innovation. #ElectricVehicles #Tesla #BYD #EVMarketLeaders

Global #ElectricVehicle Market 2024: Rise of #China puts Tesla and #Europe under pressure. The global #EV market has seen an impressive takeoff in the first half of 2024. ▪ According to EV-volumes.com, two manufacturers dominate: BYD and Tesla . ▪ Together, these industry leaders accounted for more than 30% of the global electric vehicle market in the January-May period, highlighting their key role in the transition to the #ElectricVehicle. #BYD the undisputed leader. ▪ With a market share of 21%, BYD has sold 1.19 million vehicles worldwide. ▪ Its dual focus on all-electric (#EV) and plug-in hybrid (#PHEV) vehicles is key to its success, with PHEV sales up 54% in May compared to last year. ▪ In addition, BYD's affordable pricing strategy helps reach a wide range of consumers, enabling the company to expand its reach beyond China's borders and become a global player in the electric vehicle space.

Tesla is accelerating its plans to launch affordable electric vehicles (EVs), targeting early 2025 for new models. However, the highly anticipated $25,000 model remains on hold. The company aims to produce these vehicles using existing platforms, enhancing production efficiency. This shift responds to growing demand for lower-cost options, driven by competition from Chinese EV makers. Tesla's strategy includes leveraging its current factories to optimize capacity and revive declining sales. https://lnkd.in/gsC5W5EQ #Tesla #ElectricVehicles #EV #AffordableEV #Model3 #ModelY #EVNews #SustainableTransport #GreenEnergy #ElonMusk #RenewableEnergy #BatteryTech #EVManufacturing #ChinaEV #TeslaQ2Results #Robotaxi #EVMarket #EVInnovation #TeslaUpdates

New energy vehicles (aka cars that do not have internal combustion as their powertrain) have now passed traditional ICEs in marketshare in China. While the US narrative of late has been about stalled penetration of EVs, the world's largest car market is blistering ahead with its path of conversion. Meanwhile, Chinese EV makers are IMO almost certainly going to take over the global race for NEV production to the great dismay of Tesla and its current valuation of 55X EBITDA. Through July, BYD's production is up almost 30% where Tesla is slated to decline this year by something in the low double digits. Sure there is a lot of bluster about tariffs and protections, but the history of consumer electronic product production between the US and China is fairly clear. The longer term question I find myself wondering about is whether or not NEV penetration over ICEs is the beginning of a long cycle of reducing engineering intensity in car design. Complexity of power transfer from a battery to wheels is just a lot less subject to intense mechanical engineering iteration. The more cars start to simplify, the more it feels like car production will start to go the way of television production. Hard to see a lot of it continuing in the US if it becomes mostly about designing mobile electronic theaters that can ferry one to work in the backseat... Cheers!

This is interesting. Thanks Ryan Fisher. Tesla is, in fact, the biggest (or one of the biggest) #CPOs in the world. However, one must remember #CPO business is quite different from the #automotive #OEM business. And given also these #robotaxis questions arise if #Tesla really wants to be a conglomerate. Even though there is quite some growth in the supercharger network and net margin is positive, I wouldn't be surprise if Tesla decided some day to consider supercharger network strategic options. With Tesla you never know of course. Unless the company wants to leverage this network in yet another way (as part of VPP etc.). So they will have some pondering to do.

What happened in the mobility market today ? Read this 1-minute recap to stay informed. 1. GM 🇺🇸 announced that it will end production of its gasoline-powered Chevrolet Malibu later this year in order to produce new EVs. 2. Mercedes 🇩🇪 is no longer committed to full transition to BEVs by 2030. “The transformation might take longer than expected,” CEO Ola Källenius said today. 3. Elon Musk said that Tesla’s 🇺🇸 FSD (Supervised) v12.4 will potentially start rolling out next week (# 20). 4. WattEV 🇺🇸 opened the world’s largest solar-powered truck charging depot in California, with 50 chargers including three 1.2MW megawatt rapid charging (MCS) chargers. 5. Hyundai Motor 🇰🇷 plans to use investment in its EV and battery manufacturing facilities in Georgia 🇺🇸 to produce hybrid cars. 6. Nikola 🇺🇸 produced today the 100th hydrogen fuel cell electric truck. 7. "Fair competition is good. What we don't like is when China floods our market with massively subsidized electric cars” Said today the president of the European Commission 🇪🇺, Ursula Gertrud von der Leyen. 🔷🔷🔷 That’s a daily recap that I post every single day. I hope you enjoyed reading.