Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

BYD is seeing a flood of new EV buyers

electrek.co

Post reply on HN
Print view View original

131–140 of 308 posts

Re: BYD is seeing a flood of new EV buyers

#131

Post by caminante »

nico wrote: post #94
caminante wrote: post #49

Earlier quoted context omitted.

> Have you actually seen the news and the situation? Have you seen what's happened to wholesale power market prices? Have you seen that BYD's care sales in 2026 are down y/y? Trusting anecdotal hype from BYD salesmen and a renewables blog isn't sensible.

I wasn't talking about BYD in particular, nor referencing any numbers or quotes from the blog. I was responding to the above comment mocking/doubting people's decisions about EV purchases and showing how that contrasts with the current macro situation Feel free to expand on the wholesale power market prices you are referring to though, not sure what your take is

> I wasn't talking about BYD in particular,

You quoted the parent's mention of BYD.

Re: BYD is seeing a flood of new EV buyers

#132

Post by derf_ »

legitronics wrote: post #85
paxys wrote: post #31

Genius strategy by the USA to disincentivize EVs, disincentivize solar and wind, increase dependency on oil & gas, and...start a war that makes oil and gas more expensive for everyone. Markets are now forecasting oil prices will stay above $100 a barrel for multiple years . Best of luck to the economy.

Well the USA is a net exporter of all oil products since 2019, this will probably make some people very rich and has the potential to be good for parts of the us energy sector. The west coast is the only part that relies on middle eastern oil. And a spike in prices will just get them in line and connected to the rest of the shale powered system. I don’t like any of this, but I think the doom and gloom lies elsewhere.

You know who else is a net exporter of oil and gas? Russia. Starting a war with Iran is literally the biggest favor Trump could have done for Putin.

Re: BYD is seeing a flood of new EV buyers

#133

Post by phil21 »

seanmcdirmid wrote: post #111
legitronics wrote: post #85

Earlier quoted context omitted.

Well the USA is a net exporter of all oil products since 2019, this will probably make some people very rich and has the potential to be good for parts of the us energy sector. The west coast is the only part that relies on middle eastern oil. And a spike in prices will just get them in line and connected to the rest of the shale powered system. I don’t like any of this, but I think the doom and gloom lies elsewhere.

> The west coast is the only part that relies on middle eastern oil. And a spike in prices will just get them in line and connected to the rest of the shale powered system. The west coast is adopting EVs at a faster pace than the rest of the country. You could just as well see accelerated adoption of EVs in personal and freight transportation, Chinese manufacturers opening up US EV production, and so on. The answer i…

The west coast also has some of the highest priced electricity in the nation, with apparently projections on it getting even worse somehow.

It’s amazing how much grift and subsidy leveraging the US renewables market has engaged in compared to pragmatic deployments elsewhere like China. Utterly insane and it shows how difficult it’s going to be to fix since it’s an endemic problem with American society at its core.

Re: BYD is seeing a flood of new EV buyers

#134

Post by nico »

fpoling wrote: post #121
nico wrote: post #33

Earlier quoted context omitted.

> Gas prices have been "sky high" for a week and people who are under financial stress just decided to ditch their cars and buy a brand new BYD? Are we children now? listening bedtime stories? Have you actually seen the news and the situation? Gas prices will continue to rise and will stay high for at least 3-5 years, given the damaged infrastructure and how long it will take to rebuild. And that's if nothing else ha…

Russia has been recovering from Ukrainian drone strikes again oil industries within months. And Ukraine inflicted much serious damage than Iran on Gulf states. Drones with 100-150kg just not capable of inflicting hard to recover damage. What they are good is striking repeatedly. But judging by numbers Iran is not capable any longer of sustained stacks with hundreds of drones per day.

Very interesting take. Not sure about the comparisons though: 1) Russia is a huge powerhouse that can do a lot on its own, I don't think Gulf states have the same capability to recover (at least that's what energy analysts are saying), 2) The US claimed they had completely maimed Iran in the first few days of the war, saying they had fully destroyed their navy and their missile launching capabilities. However, that clearly doesn't seem to be the case, and yesterday Iran even downed an F35, which until then was thought of as an almost impossible feat

I guess there's a lot up in the air right now, so I personally wouldn't bet on things getting better that quickly

Re: BYD is seeing a flood of new EV buyers

#135

Post by tencentshill »

linuxhansl wrote: post #64

How much many more wars over gas or oil do we need to finally just take the energy that (for the most part) is available locally and renewable?! The petrol era is coming to an end. Our current administration might desperately want to remain a petrol state (for reasons that escape me), but it will only delay the inevitable. The EU is not much better either. The writing has been on the wall, and even since the Russian…

EVs were on track to being mainstream 20 years ago. See the other story about the 90s GM EV1 and associated documentary. All the technology was there in 1999, but every EV in development simultaneously shut down once they started becoming usable.

Re: BYD is seeing a flood of new EV buyers

#136

Post by nxm »

seanmcdirmid wrote: post #102
smallerfish wrote: post #90

Earlier quoted context omitted.

> in two decades While I agree with your overall point, I'm reminded of "the market can stay irrational longer than you can stay solvent" here. The US is a huge economy with a massive military infrastructure. I don't think it's fading to fallen empire status that quickly.

It is fading though, we are only arguing about the magnitude of its velocity and acceleration at this point.

Is it though? Dollar is appreciating in times of turmoil? And what’s the alternative - the all talk Europeans?

Re: BYD is seeing a flood of new EV buyers

#137

Post by sam345 »

bawolff wrote: post #29

It seems really unlikely to me that 2 weeks worth of high oil prices is anything more than a rounding error in BYD's years (decade?) long bet on electric cars. Even if they tripled their sales for the last two weeks, it wouldn't be relavent to if their bet will ultimately pay off.

The oil spike clearly seems it will be short-term. Once the Iran war is over oil will plummet. Car makers can't make decisions on short-term spikes.

Re: BYD is seeing a flood of new EV buyers

#138

Post by tlogan »

jimbokun wrote: post #92
tlogan wrote: post #27

Earlier quoted context omitted.

The problem with many of these EVs is that they were way too expensive. The main reason companies were producing them is due to regulatory requirements and how emissions standards are calculated, not necessarily because wanted to sell these EVs. What we really need are incentives for companies to build more affordable EVs. California could play a role here, but given the strong opinions we have about Elon Musk, nothi…

Or just allow Chinese EVs without tariffs. Would be incredible for US auto consumers. But might put some of our automakers out of business.

What about no sales taxes on EV purchases (full sales tax exemption) in California?

Re: BYD is seeing a flood of new EV buyers

#139

Post by crote »

mikestew wrote: post #66
cromulent wrote: post #48

BYD are about to launch an EV that charges from 10 to 70% in 5 minutes. As much as I recoil at a brand called "Build Your Dreams", that is quite compelling. https://www.byd.com/us/news-list/DENZA-Z9GT-to-start-Europes...

See those big T-shaped things in the picture? Those are the charging stations that BYD (or someone) is going to need to build to see those charging speeds. I'm not saying it can't be done, but as one with an 800V Hyundai that has theoretical charging speed of 350kW, don't expect to just plug in at Electrify America and be done in 5 minutes. (Because the highest I've seen on the Hyundai was 243kW, and I've seen that o…

On the other hand, 5-minute charging is definitely a luxury thing: most charging is going to be at home, a decent bunch will be destination charging, people doing long trips generally don't mind having the car charge for 30 minutes while they eat dinner in a roadside restaurant, and only a handful of people are insane enough to drive well over 10 hours at a time with only a single 5-minute break.

In practice I bet 5-minute charging will mainly be used to show off for your golf buddies. Co-locate it with the megawatt-scale chargers we'll be building for trucks next to major highways anyways, and it can be offered as a very profitable luxury product without too much extra effort.

Re: BYD is seeing a flood of new EV buyers

#140

Post by GMoromisato »

jrjeksjd8d wrote: post #3

I finally put my money where my mouth is and bought a PHEV. In the past month I've done all my errands around town exclusively on battery power (30-40 miles per charge) from a home L1 charger. I know EV purists will complain about the complexity of maintaining the gas engine, but this hits the perfect sweet spot for me - it doesn't weigh a million tons, it cost under 40k new, and the one weekend a month when I need t…

We have two EVs, but I have no problem with PHEVs. They are another case where theory (too much complexity) does not match practice (actually, reliability is fine).
Post reply on HN