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BYD is seeing a flood of new EV buyers

electrek.co

181–190 of 308 posts

Re: BYD is seeing a flood of new EV buyers

#181
post #155

Earlier quoted context omitted.

> for reasons that escape me The reasons are simple: liberals want renewable energy, therefore renewable energy is bad and must be destroyed. It's oppositional defiant disorder on a cultural scale.

No- it’s just that people want choice, and not have to pay for tax credits (via lost government tax revenue)

There's a huge difference between getting rid of tax credits, and doing things like forcing unprofitable and obsolete coal plants to say open (https://stateline.org/2026/03/19/trump-is-forcing-coal-plant...) and attempting to arbitrarily ban free market renewable energy projects under no valid legal basis (https://www.bbc.com/news/articles/cn7k6p6k5x5o).

Re: BYD is seeing a flood of new EV buyers

#182
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.

>> 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.Californian here. There is no discussion or any desire to build an oil pipeline from TX/LA across NM and AZ to deliver oil to refineries here. Ha, if you think the Keystone XL pipeline was controversial... it'll never happen.

Calif produces about 20% from its own but tired wells. Some oil is imported from the Middle East but larger volumes come by ship from South America and Alaska.

Re: BYD is seeing a flood of new EV buyers

#183

If one removed the country names and just looked at where investment (focus, planning, and money) was, we would see two greatly different pictures. One country is disincentivizing or even blocking renewable energy production, rolling back climate protection measures, trying to revitalize the coal industry, slashing investment in scientific research of all kinds, demonizing higher education, and spending vast and rapi…

And even more galling is the why. One country is turning its back on renewables because it's "woke". Just the dumbest people in charge.

Re: BYD is seeing a flood of new EV buyers

#184
post #97

Guys I own a BYD and love it, but oil prices have risen in the past, like, two days. Perhaps the headline is a bit sensationalized?

For what it's worth, I feel like it's perfectly logical to make any current new car purchase choices taking into account the US history of Middle East forever wars and that the Strait of Hormuz will probably be a deathtrap for years at this point.

Re: BYD is seeing a flood of new EV buyers

#185

Earlier quoted context omitted.

The problem with PHEVs is the data shows that, at scale, consumers typically use them in ICE mode vs EV mode. Its great it works for you, and hopefully BEVs kill the need for PHEVs in the next few years as the technology continues to rapidly improve around charge rate ( Plug-in hybrids use three times more fuel than manufacturers claim, analysis finds - https://www.theguardian.com/environment/2026/feb/18/plug-in-...…

That seems like cherry picking the offenders to invalidate the entire class of vehicles. …Porsche hybrids consumed more fuel – around seven litres per 100km – than other PHEVs when the electric motor kicks in, and significantly more than non-PHEVs in combustion engine mode. The lowest fuel consumption levels were found in the cheaper end of the PHEV market, in Kia, Toyota, Ford and Renault vehicles, which often used…

On the other hand, if I'm in the market for a Porsche or BMW commuter, the cost of fuel is basically negligible and a PHEV for performance or convenience or comfort would influence my decision far more than a relatively insignificant amount of fuel savings.

Re: BYD is seeing a flood of new EV buyers

#186
post #136

Earlier quoted context omitted.

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?

I prefer talk to bombs. In that way Europe has more in common with China- wars ar just too messy and expensive.

Re: BYD is seeing a flood of new EV buyers

#187
post #128

Earlier quoted context omitted.

People taking action against climate change and CO2 emissions. Policymakers, etc. You wouldn't want to subsidize PHEVs in any fashion if they weren't contributing to the targeted outcome of reduced CO2 emissions or fossil fuel consumption.

PHEVs when bought by informed consumers making a financial decision still pencil out just fine here. It’s the silly regulatory games played by manufacturers and regulators that cause stuff like a hybrid cayenne or 6000lb BMW M5 Touring to exist when neither the buyers or manufacturers want them to exist to begin with. These things are not remotely in the same actual category even though on paper they might be. They e…

I want a PHEV Cayenne. If budget wasn't a concern, that'd actually be my first choice for replacing my ICE SUV. The convenience and flexibility of a PHEV far outweighs any cost savings from fuel economy improvements for me. A Porsche was never about financial sensibility anyway.

Re: BYD is seeing a flood of new EV buyers

#188

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…

Why not have 2 $20k used cars instead? One EV and one ICE.

I don't have the physical space for 2 cars. In terms of comfort and reliability I can't imagine 2 20k cars would have the same quality of life that my 1 new car has (less than 40k). I traded up from a ~20k gas SUV that was extremely expensive to maintain.

Re: BYD is seeing a flood of new EV buyers

#189

Earlier quoted context omitted.

New sales are the leading indicator to total fleet composition turnover. As oil prices stay high into the future, and monthly sales of EVs continues to increase, it speeds fleet turnover from combustion to EVs. Ember Energy: ASEAN emerges as a new leader in global EV adoption - https://ember-energy.org/latest-updates/asean-emerges-as-a-n... - December 16th, 2025 You can see how this looks over a longer term using Nor…

So much data, but they're missing the total share of EVs on the road, and on that figure Norway is still only a third of the way to 100%: https://ourworldindata.org/data-insights/one-third-of-cars-o... And Norway is a "best case" as a wealthy country where people turn over their cars pretty quickly. The Philippines is at the opposite end of the spectrum.

Average age of cars in Norway is higher than in many other countries due to high taxes on cars.

And then in China number of cars per capita is much less then in West. As more and more people there can afford a car and that car will be EV, transitioning to mostly EV should happen faster than in Norway.

Re: BYD is seeing a flood of new EV buyers

#190

I'm sorry to be that guy, but can we reintroduce a good dose of skepticism in our mental diets? BYD was already selling a ton of cars when the oil prices were "low", of course there's some very creative accounting business moves you would expect from a Chinese company like BYD ( companies from other places have their own peculiarities too ). Gas prices have been "sky high" for a week and people who are under financia…

Just be aware of journalists relating 2 unrelated things happening at the same time using "among" and "as" and discount the article accordingly. If you didn't pay money for the article, they will utilize click and engagement bait. Of course a week of increased oil prices hasn't changed any measurable purchasing patterns as the title implies.
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