Who has bought/buying a Chinese brand ev?

Who has bought/buying a Chinese brand ev?

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anonymous-user

Original Poster:

59 months

Thursday 13th April 2023
quotequote all
Reading a lot about all these Chinese EV’s being launched into the U.K. Can’t see any good reason why people would buy them. Road tests not that great. Price a bit cheaper but no game changer. All seem to have very odd names.

No support infrastructure imagine parts will be hard to get

Second hand value of a Chinese EV in a couple of years?!

MG route probably better at least they have some established back up in U.K. if you want a cheaper EV ?

ajap1979

8,014 posts

192 months

Thursday 13th April 2023
quotequote all
Polestar?

raspy

1,732 posts

99 months

Thursday 13th April 2023
quotequote all
86 said:
Reading a lot about all these Chinese EV’s being launched into the U.K. Can’t see any good reason why people would buy them. Road tests not that great. Price a bit cheaper but no game changer. All seem to have very odd names.

No support infrastructure imagine parts will be hard to get

Second hand value of a Chinese EV in a couple of years?!

MG route probably better at least they have some established back up in U.K. if you want a cheaper EV ?
Yes, of course. You're right. It doesn't sound like these unknown (us us lot) Chinese EV companies are doing anything to support their UK customers. I'm off to work out which of my local buses are supplied by BYD, as I don't want to go on an electric bus made by some weirdly named Chinese company. Hold on a minute, I'm typing this on my Chinese made keyboard looking at my Chinese made monitor.

"BYD has a model line-up comprising 19 vehicles in its home market, including cars, vans, trucks and buses (it is already the UK’s largest supplier of electric buses to the likes of Stagecoach, Arriva and Go-Ahead).

“We have to make a decision about which ones are relevant for the UK, where the big opportunities are,” Ge said. “We are working on bringing LCVs as well.”

The company will be setting up a national sales office in the UK, its first in Europe, and has partnered with four franchised dealers - Arnold Clark, Pendragon, Lookers and LSH Auto - to build a national retail network. Showrooms have already opened in Birmingham, Glasgow, Milton Keynes and Manchester, with London and Belfast to follow in Q2.

BYD is targeting a network of 20-30 sites by the end of the year and up to 100 dealerships by the end of 2025.

“We will not sell direct, we will have partnerships with dealers,” Ge said. “We have also appointed Santander as our preferred partner for financial solutions to dealers and end customers.”

He has already hired a UK fleet sales director, Eric van Munsteren, who reports into head of corporate sales and used cars Europe Eris Yahsi, and is recruiting a full fleet team.

Yahsi, who spent 16 years at Kia helping to build its European fleet position, said: “Terms are available for fleets looking to place orders and we are in discussions with other leasing companies on framework agreements. We will understand from them what the right volume is for the market."

Source: https://www.fleetnews.co.uk/news/latest-fleet-news...

limpsfield

6,062 posts

258 months

Thursday 13th April 2023
quotequote all
86 said:
All seem to have very odd names.
Gold.

OutInTheShed

8,632 posts

31 months

Thursday 13th April 2023
quotequote all
Your 'european ' EV probably has a significant Chinese content anyway.

I assume they are currently pricing them at what the market will bear, rather than attempting to dominate the market and chasing volumes?

If you look at how Chinese brands have done in the 'small motorbike' arena it's not hard to see which way the wind blows.
But as yet, are they ready to provide the customer support etc?

jimmytheone

1,491 posts

223 months

Thursday 13th April 2023
quotequote all
I have an MG4 (in bright orange) - so far its not caught fire or done anything else untoward although i find the lane assist annoying.

Its on a short-term lease so most of your questions are irrelevant to me (cost, spares availability, etc) but its got a P11d value of about £30k which i think represents great VFM.

The Korean brands were once unknown here and they seem to be doing ok so i expect this is the start of something similar from China.

I personally wouldnt put any of my own money into buying any electric car right now - the pace of development means residuals of any EV brand could take easily take a hammering.
But if the government really wants us all in electric cars perhaps cheap and cheerful/nasty Chinese EV's which depreciate catastrophically could serve that purpose and become cheap second hand EV's for the masses in a few years time?


anonymous-user

Original Poster:

59 months

Thursday 13th April 2023
quotequote all
limpsfield said:
86 said:
All seem to have very odd names.
Gold.
See this is the fifth biggest seller worldwide. I can see the attraction looks well made

https://m.youtube.com/watch?v=78xO0Zu-vEk

somouk

1,425 posts

203 months

Thursday 13th April 2023
quotequote all
BYD have just opened a showroom in Birmingham in the old Tesla showroom. Be interesting to see how that goes.

anonymous-user

Original Poster:

59 months

Thursday 13th April 2023
quotequote all

kambites

68,174 posts

226 months

Thursday 13th April 2023
quotequote all
86 said:
I really can't see a reason to trust Chinese companies less than, say, American ones when it comes to this sort of data privacy. Which is not to say I trust Chinese companies in the slightest!

anonymous-user

Original Poster:

59 months

Thursday 13th April 2023
quotequote all
kambites said:
86 said:
I really can't see a reason to trust Chinese companies less than, say, American ones when it comes to this sort of data privacy. Which is not to say I trust Chinese companies in the slightest!
You could however see how a hostile country could bring most of your transport system to a standstill if they wanted to. I guess US unlikely to ever do that to Europe but China who knows ?

DMZ

1,514 posts

165 months

Thursday 13th April 2023
quotequote all
86 said:
Reading a lot about all these Chinese EV’s being launched into the U.K. Can’t see any good reason why people would buy them. Road tests not that great. Price a bit cheaper but no game changer. All seem to have very odd names.

No support infrastructure imagine parts will be hard to get

Second hand value of a Chinese EV in a couple of years?!

MG route probably better at least they have some established back up in U.K. if you want a cheaper EV ?
A boring reply but yep, you've nailed it. This whole amazing EVs from China at half price hasn't exactly materialised. And they surely need to be cheap or have some other value prop that I can't see. I'm not that surprised that they're not cheap because Europe has strict requirements that is pushing up cost for everyone and EVs are of course rarely cheap for all the well known reasons.

MG seems to have done a good job as you say.

For whatever reason, it seems pretty much only Californians can do EV startups with premium pricing.

Panamax

4,685 posts

39 months

Thursday 13th April 2023
quotequote all
The mystery to me has been why people who can go out and buy a nice car suddenly decide to go out and pay nearly 50% more for an electric car that does the same thing - but with the added bonus of "range anxiety".

I'm convinced that cheaper, less fancy electric cars bought by the average household and charged at home will be the way forward. (Or charged at every street lamp post if councils get their backsides into gear.) I can't see any "premium" justified for going electric.

Penny Whistle

5,783 posts

175 months

Thursday 13th April 2023
quotequote all
Panamax said:
The mystery to me has been why people who can go out and buy a nice car suddenly decide to go out and pay nearly 50% more for an electric car that does the same thing - but with the added bonus of "range anxiety"..
Where do you get that 50% figure from ? My MG5, bought 18 months ago, was only marginally more expensive than a similarly equipped Golf estate.

Panamax

4,685 posts

39 months

Thursday 13th April 2023
quotequote all
Penny Whistle said:
Where do you get that 50% figure from ? My MG5, bought 18 months ago, was only marginally more expensive than a similarly equipped Golf estate.
Precisely - cheaper EVs like a Chinese MG are the ones the mass market will actually buy, because they don't have the huge price premium of fancier electric brands.

TheDeuce

24,249 posts

71 months

Thursday 13th April 2023
quotequote all
Buy any car, it's got a lot of Chinese stuff in it.

As for the new price vs the potential second/third hand price drop they will probably experience - it's really not a factor for most people buying/leasing one right now, because they're largely doing so for tax reasons. The cars are as cheap as they need to be to sell as fast as they can make them vs what the established competition are selling for.

And then it's great news for the next owner of the car as they will likely get a comparative bargain.

I think anyone up in arms about Chinese EV's specifically is simply demonstrating how unaware they are about how much other stuff they use and consume that comes from China, in one way or another. It's also hard to take anyone all that seriously when part of their OP, a concern about the resale value of Chinese products, finds time to complain about the names of the cars - what's that got to do with anything!?

I suppose Einstein had a bit of funny surname... It's all terribly un-british, tut tut.

C69

471 posts

17 months

Thursday 13th April 2023
quotequote all
In the 70s, governments across Europe were worried about Japanese car imports, so tariffs were raised. Consequently, most Japanese brands built a factory in Europe to get around the problem.

Now we have an increasing number of Chinese EV imports, but the UK government at least seems to be encouraging it. I'm not sure what the current tariffs are, but they can't be too bad if the likes of Mini are able to shift EV manufacturing to China.

I suspect that many European governments and manufacturers are happy to outsource production to China, as long as the design and development work is done here. Plus most customers neither know nor care where their car is built, so it's hardly a big political issue.

DMZ

1,514 posts

165 months

Friday 14th April 2023
quotequote all
TheDeuce said:
Buy any car, it's got a lot of Chinese stuff in it.

As for the new price vs the potential second/third hand price drop they will probably experience - it's really not a factor for most people buying/leasing one right now, because they're largely doing so for tax reasons. The cars are as cheap as they need to be to sell as fast as they can make them vs what the established competition are selling for.

And then it's great news for the next owner of the car as they will likely get a comparative bargain.

I think anyone up in arms about Chinese EV's specifically is simply demonstrating how unaware they are about how much other stuff they use and consume that comes from China, in one way or another. It's also hard to take anyone all that seriously when part of their OP, a concern about the resale value of Chinese products, finds time to complain about the names of the cars - what's that got to do with anything!?

I suppose Einstein had a bit of funny surname... It's all terribly un-british, tut tut.
Given all that, which Chinese branded EV are you buying?

TheDeuce

24,249 posts

71 months

Friday 14th April 2023
quotequote all
C69 said:
In the 70s, governments across Europe were worried about Japanese car imports, so tariffs were raised. Consequently, most Japanese brands built a factory in Europe to get around the problem.

Now we have an increasing number of Chinese EV imports, but the UK government at least seems to be encouraging it. I'm not sure what the current tariffs are, but they can't be too bad if the likes of Mini are able to shift EV manufacturing to China.

I suspect that many European governments and manufacturers are happy to outsource production to China, as long as the design and development work is done here. Plus most customers neither know nor care where their car is built, so it's hardly a big political issue.
It's a very tricky situation now. Back then Japanese imports had to be slowed to give the domestic car industry a chance to survive - because the Japanese cars were.. far better.

But now, the entire European (and ex EU UK) car industry is fully dependant on Chinese components and increasingly Chinese manufacturing. Because of that fact, any EU nation, or the UK, that tries to stop that dependency will instantly become uncompetitive compared to those who do not, so we all continue and dive deeper into the rabbit hole of reliance on Chinese manufacturing. In business and economic terms, there is no way anyone involved in the automotive industry, or reliant upon it for their own countries GDP, would vote for any other way.

Slightly inconveniently that does leave us all reliant on a communist state which has grown in power and influence exponentially as a result. I would say that increases the chances of a major world order at some point, but that would be stupid. There was never any chance of the world order not shifting, at some point. The status quo never lasts indefinitely - and especially not when the west has spent decades shunting all the grunt work to the East so that we can implement high levels of human rights and standards of living. Now the grunt workforce has the power and the wealth to rival those that put them to work.

The next decade will be interesting.

anonymous-user

Original Poster:

59 months

Friday 14th April 2023
quotequote all
[quote=TheDeuce]Buy any car, it's got a lot of Chinese stuff in it.

As for the new price vs the potential second/third hand price drop they will probably experience - it's really not a factor for most people buying/leasing one right now, because they're largely doing so for tax reasons. The cars are as cheap as they need to be to sell as fast as they can make them vs what the established competition are selling for.

And then it's great news for the next owner of the car as they will likely get a comparative bargain.

I think anyone up in arms about Chinese EV's specifically is simply demonstrating how unaware they are about how much other stuff they use and consume that comes from China, in one way or another. It's also hard to take anyone all that seriously when part of their OP, a concern about the resale value of Chinese products, finds time to complain about the names of the cars - what's that got to do with anything!?

Are you buying a Funky Cat then to drive around in will give everyone a good laugh !