Move Over EVs, Hybrids Are Hot in China

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Heard on the Street: The success of China's Li Auto underlines the risks of an all-or-nothing approach to electric vehicles

Tesla is facing pressure in China from the country’s top electric-vehicle company BYD. WSJ unpacks the business and manufacturing strategy of BYD and Tesla to uncover what the competition in China reveals about the race to own the global EV space.

Photo Illustration: Mike CheslikAfter Tesla , the most highly valued U.S.-listed EV company isn’t homegrown Rivian or Lucid but Li Auto, a Chinese manufacturer that went public in 2020 by listing American depositary receipts. It has a market value of roughly $26 billion, compared with $20 billion for NIO , which

 

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StephenWilmot 고맙다 친구

StephenWilmot Fortunately, their electric vehicle production capacity will also be constrained by chip supply

StephenWilmot Anyone who's operated a Komatsu haul truck loves hybrids.😎

StephenWilmot Hybrids are hypocrisy and stupidity: I am good and bad with the planet and with my money what I save in electric charge I overpay with gasoline.

StephenWilmot

StephenWilmot

StephenWilmot Too late

승무원

Lutz made the Volt. Was and is a great car. Drives like EV and charges itself as you drive. Way beyond its time. Figures GM crushed it

“But Chinese charging infrastructure is patchy, leading to range anxiety. Brokerage Bernstein expects 65% growth in plug-in hybrid sales in China this year, versus 25% growth for pure EVs”

Isn’t that Toyada’s stance? The position that he’s getting reamed over?

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