1D·

BYD increases registration figures in DE 🚗

A side note that caught my attention yesterday: $1211 (+0,6 %) registered more than 4,000 new e-vehicles in Germany in November (+800% Y2Y), more than twice as many as in the previous year. $TSLA (+0,26 %).

Surprising to me, as experience shows that the automotive market in Germany is one of the most difficult, conservative markets of all. Of course, these figures are insignificant when you look at the company's global sales or market share in DE. But the fact that a Chinese manufacturer with little presence here can position itself so well speaks in its favor.

Even if the industry is still too hot for me in this transformative phase, it remains $1211 (+0,6 %) on the watch list. I will wait for a possible turnaround and then re-evaluate.

Source: Tagesschau

15 Comentarios

AI sagt@GoDividend

I would always be interested in the distribution of registration figures.
Car rentals/company vehicles or privately used cars.

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Michey777@Michey777

@GoDividend Me too. But with the sheer " mass" I would say rather private...

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Stocktective@Stocktective

@GoDividend I could well imagine that a large proportion will be car rental. We recently rented from Sixt for work and there were two new Seal 6 Hybrids < 3000km in the 2x mid-range category. Maybe the party will help a little to bring them more to Europe, first commercially 😂

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Smudo@Smudeo

@GoDividend and the discount discount

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TradingHase@TradingHase

@GoDividend BYD's Black Week started in November, which resulted in around 600 more vehicles than in October.
In October, 13% were private buyers; in November, a large proportion of the 600 additional vehicles will fall into this group.
8% commercial
29% Eugen registrations
51% lessors.

The interesting thing about owner registrations across all manufacturers, however, is that a significantly higher percentage of combustion engines are registered by owners than BEVs!

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Michey777@Michey777

Perhaps an interesting addition. The insurance for a Byd compared to a German equivalent, for example, is sometimes twice as expensive. I also wanted to lease a Byd and the discount for the car flows 1:1 into the insurance over 48 months 🙄

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jkb92@jkb92

@Michey777 will also change

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Michey777@Michey777

@jkb92 It may be, but it takes time, as they are mainly based on loss ratios.

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Patrick Schäfer@Hotte1909

@Michey777 and spare parts costs too, of course. They are still relatively expensive in Germany. But this should improve over the next few years. It was the same with Tesla in the beginning.

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Michey777@Michey777

@Hotte1909 Yes, and of course the workshop commitment. But it was just a personal experience report (at the current level). In the long term, things will settle down, but perhaps German carmakers will then offer the same comfort at the same price?

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Patrick Schäfer@Hotte1909

@Michey777 was only meant as a supplement to your comment 😉

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Michey777@Michey777

@Hotte1909 I know :)

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Variett@Variett

@Michey777 In terms of costs, established brands such as Kia, Toyota or Renault are also sufficient. I don't take out insurance with a garage commitment, it's like a bad Deka fund with a savings bank account 😅.

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Michey777@Michey777

@Variett Yes, they are definitely enough. "German carmakers" was also meant more as an example, but of course they have no insurance advantage over all other established companies.

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Michey777@Michey777

But you also have to bear in mind that $1211 was almost the only provider to enter the market with huge discounts (Black November). The others didn't take part.

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