4 ms·

BYD is already sold in the EU, so all legal obligations has been done. See byd.dk

by jensgk 4y ago

jacquesm 4y ago
Indeed! Thank you for that link. The pricing is off the scale though is this a Danish thing or is it just that Byd is that expensive?
- dagw 4y ago
  While their entry level car (Atto) is the same price as the cheapest spec Tesla model 3. Their Tesla model S and X equivalents (Han and Tang, respectively) start at almost half the price of the respective Teslas. On the whole BYD don't seem to be wanting to compete at the bottom end of the market and are pricing their cars around the same level of their 'competitors'. They don't want to offer the cheapest electric SUV or even best the 'cheap' SUV, they want to offer best $80k electric SUV.
  - jacquesm 4y ago
    That suggests they aren't really competitors though, so either Tesla will have to drop to the point where they won't be profitable any more or there are substantial quality differences. BYD's vertical integration may become the differentiating factor if they can get the public to trust the brand.
    - dagw 4y ago
      Based on their marketing and pricing it seems their base pitch is "get a $100+k 'worth' of electric SUV for $80k". So they're competitors in the sense that they're targeting people who just about have Teslas Model X or BMW iX money, but would still like a bargain.
      - jacquesm 4y ago
        Interesting, ok time will tell how that will play out. Around me people are mostly rooting for MB/VW/BMW rather than American or Chinese. This is mostly a matter of perception and the dealer network and service organizations. Tesla has a very bad rep in that sense (though I do know people that have Tesla's too and they appear to be happy enough with their cars), it's all good as long as there are no problems and after that is a huge problem. Polestar presents very well here, right now they have a better rep than Tesla which I find quite impressive, given that they are manufactured in China and sold by a relatively new sales organization. What is interesting is that somehow they've managed to sidestep the Chinese reputation issue completely and people perceive them as European, which they really are not.
        piva00 4y ago
        > Polestar presents very well here, right now they have a better rep than Tesla which I find quite impressive, given that they are manufactured in China and sold by a relatively new sales organization. What is interesting is that somehow they've managed to sidestep the Chinese reputation issue completely and people perceive them as European, which they really are not. I believe it's because Polestar attached itself to the Volvo brand, which is owned by Geely but is still run mostly independently in Sweden. The confusion is probably on purpose, and Polestar cars seem to be pretty good (from the reports of the few I know that own one).
        jacquesm 4y ago
        > The confusion is probably on purpose I have no doubt about that. They play it very smart, but that's kind of logical, Geely, the parent company has extensive experience in marketing vehicles of all kinds in the West and they have already learned a couple of good and practical lessons in not leaning too much on their Chinese parentage but instead to play local as much as possible.
- deleted 4y ago
  [deleted]
- agurk 4y ago
  Danish pricing is off the scale due to the very high registration tax, on top of the 25% VAT. Registration rates are of the value including VAT[0]: 25% of DKK 65,800 85% of DKK 65,800-204,600 150% of the rest. This is actually a bit cheaper than it was a few years ago when the top tax amount was 180%. There are some deductions for electric vehicles that are complex (and decreasing) that are best read about on the linked page. [0] https://skat.dk/data.aspx?oid=2244599 https://skat.dk/data.aspx?oid=2244599
  - jensgk 4y ago
    I thought it was still 180%. I haven't noticed that prices on new cars has become cheaper.

BYD is already sold in the EU, so all legal obligations has been done. See byd.dk

by jensgk 4y ago

BYD is already sold in the EU, so all legal obligations has been done. See byd.dk

Indeed! Thank you for that link. The pricing is off the scale though is this a Danish thing or is it just that Byd is that expensive?

dagw 4y ago
While their entry level car (Atto) is the same price as the cheapest spec Tesla model 3. Their Tesla model S and X equivalents (Han and Tang, respectively) start at almost half the price of the respective Teslas. On the whole BYD don't seem to be wanting to compete at the bottom end of the market and are pricing their cars around the same level of their 'competitors'. They don't want to offer the cheapest electric SUV or even best the 'cheap' SUV, they want to offer best $80k electric SUV.
- jacquesm 4y ago
  That suggests they aren't really competitors though, so either Tesla will have to drop to the point where they won't be profitable any more or there are substantial quality differences. BYD's vertical integration may become the differentiating factor if they can get the public to trust the brand.
  - dagw 4y ago
    Based on their marketing and pricing it seems their base pitch is "get a $100+k 'worth' of electric SUV for $80k". So they're competitors in the sense that they're targeting people who just about have Teslas Model X or BMW iX money, but would still like a bargain.
    - jacquesm 4y ago
      Interesting, ok time will tell how that will play out. Around me people are mostly rooting for MB/VW/BMW rather than American or Chinese. This is mostly a matter of perception and the dealer network and service organizations. Tesla has a very bad rep in that sense (though I do know people that have Tesla's too and they appear to be happy enough with their cars), it's all good as long as there are no problems and after that is a huge problem. Polestar presents very well here, right now they have a better rep than Tesla which I find quite impressive, given that they are manufactured in China and sold by a relatively new sales organization. What is interesting is that somehow they've managed to sidestep the Chinese reputation issue completely and people perceive them as European, which they really are not.
      - piva00 4y ago
        > Polestar presents very well here, right now they have a better rep than Tesla which I find quite impressive, given that they are manufactured in China and sold by a relatively new sales organization. What is interesting is that somehow they've managed to sidestep the Chinese reputation issue completely and people perceive them as European, which they really are not. I believe it's because Polestar attached itself to the Volvo brand, which is owned by Geely but is still run mostly independently in Sweden. The confusion is probably on purpose, and Polestar cars seem to be pretty good (from the reports of the few I know that own one).
        jacquesm 4y ago
        > The confusion is probably on purpose I have no doubt about that. They play it very smart, but that's kind of logical, Geely, the parent company has extensive experience in marketing vehicles of all kinds in the West and they have already learned a couple of good and practical lessons in not leaning too much on their Chinese parentage but instead to play local as much as possible.
deleted 4y ago
[deleted]
agurk 4y ago
Danish pricing is off the scale due to the very high registration tax, on top of the 25% VAT. Registration rates are of the value including VAT[0]: 25% of DKK 65,800 85% of DKK 65,800-204,600 150% of the rest. This is actually a bit cheaper than it was a few years ago when the top tax amount was 180%. There are some deductions for electric vehicles that are complex (and decreasing) that are best read about on the linked page. [0] https://skat.dk/data.aspx?oid=2244599 https://skat.dk/data.aspx?oid=2244599
- jensgk 4y ago
  I thought it was still 180%. I haven't noticed that prices on new cars has become cheaper.