Replies to post #23307 on The Rising Influence of Rising Affluence

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Low end BYD that share ICE platform also not doing well

Could you elaborate on this comment?

Aditya Raghunath
Wed, January 6, 2021, 6:47 AM EST

Chinese automaker BYD Co Ltd (OTC: BYDDF) is outshining leading rivals in the luxury electric sedan monthly sales despite an 11% year-over-year drop in total electric passenger car sales in 2020, reports CNBC. BYD sold 130,970 units of battery-powered electric vehicles in 2020

The “Han” electric sedan has been the key sales driver for BYD, crossing 10,000 units in the first five months of its launch since July, CNBC noted. Individual sales figures for December 2020 is currently not available.

BYD’s Han is performing at par with market peer Nio Ltd (NYSE: NIO), and better than other peers like Xpeng Inc (NYSE: XPEV) and Li Auto Inc (NASDAQ: LI), as per CNBC.

https://finance.yahoo.com/news/buffett-backed-byd-outdoes-nio-114713526.html

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CES/Mobileye - Mobileye giving the INTC keynote this year tells us how important AV is becoming to INTC's future. Interview covers RSS and REM progress and roll out plans biggest hurdle being NYC. Anticipation of commercial release of L4+ to consumer market by 2025. Robotaxi fleet testing being first step starting this year.