BYD Dolphin launched in South Africa

genetic said:
Car prices are increasing irrelevant of the Rand. The Rand exchange rate doesn't help, but it isn't the root cause for the price increase. Neither is it the root cause for an iPhone costing over $1000 these days.

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Agreed that there are a lot of additional factors. Inflation world-wide is insane. Cars are more complex. Global trade wars just make things more expensive. High interest rates world wide makes both financing and production more expensive. But the Rand certainly contributes... Death of new vehicle sales by a thousand cuts I guess.
 
Johand said:
Agreed that there are a lot of additional factors. Inflation world-wide is insane. Cars are more complex. Global trade wars just make things more expensive. High interest rates world wide makes both financing and production more expensive. But the Rand certainly contributes... Death of new vehicle sales by a thousand cuts I guess.
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Yeah, 100%. The Rand and taxes aren't helping at all, but cars are getting way more expensive globally due to new minimum safety requirements, basic minimum technology, resulting in ever increasing competition, inflation and increasing global labour costs.

Compare a basic Citi Golf from the 1990's, to a basic Hyundai i10 today. They are two different cars. Our standards have increased, and so have manufacturing costs.

That's why an iPhone cost $500 10 years ago, and costs $1000 now.

Inflation and the auto industry: When will car prices drop?

J.P. Morgan Research explores the factors driving up vehicle prices and when inflationary pressures will abate.
www.jpmorgan.com www.jpmorgan.com
 
Johand said:
And the other governments are doing it out of the goodness of their harts ;) .I love how China plays this capitalism game hard.

Do you think Volkswagen and Toyota didn't enter the markets with significant government support

What China doing is definitely not the first nor unique.
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Does china have pension funds and medical aid?
 
wingnut771 said:
Is that why the shareholders ship production to china?
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No they do it because it is cheaper (PPP can be fantastic) . And the entire supply chain is integrated (making it more cheaper as well). Plus the number of qualified workers are much much more.
 
Johand said:
No they do it because it is cheaper (PPP can be fantastic) . And the entire supply chain is integrated (making it more cheaper as well). Plus the number of qualified workers are much much more.
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So all the other manufacturers should just close up shop and the whole world must rely on china?
 
wingnut771 said:
So all the other manufacturers should just close up shop and the whole world must rely on china?
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No they need to stop clinging to the past and start to compete. There is a reason why Tesla can have margin when others don't. And they are not paying their workers less. In Japan they are in denial that hydrogen is dead for passenger vehicles. And in the US politics keeps the majors from competing.

VW in Germany... Also too much politics.

Every once in a while disruption is required to flush away all the BS.
 
Johand said:
No they need to stop clinging to the past and start to compete. There is a reason why Tesla can have margin when others don't. And they are not paying their workers less. In Japan they are in denial that hydrogen is dead for passenger vehicles. And in the US politics keeps the majors from competing.

VW in Germany... Also too much politics.

Every once in a while disruption is required to flush away all the BS.
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You can order Tesla online, no dealership sucking on the sales price.

VW is moving EV production to China afaik.
 
wingnut771 said:
You can order Tesla online, no dealership sucking on the sales price.

VW is moving EV production is trying desperately to move EV production to China afaik, but the Chinese don't want to buy their buggy half-assed attempts at an EV.
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Fixed that for you.
 
The price is too high, it doesn't make sense.

Let's say you compare it to a small hatch like a suzuki swift. The dolphin is +R300k in price compared to the swift. If you do 15k km/year let's say, that's R18375/year you're spending in fuel for the swift. Assuming that you already have a solar system big enough to charge the dolphin entirely from solar, e.g. driving for free, it will take you 16.327 years to make up the price difference between the cars. Yeah, yeah, I know it's maybe not an entirely accurate comparison between a swift vs a dolphin, the dolphin does have some fancy tech and interior which may appeal to some people, but it's also unrealistic to assume that everyone has an existing solar system big enough to charge the dolphin for free, so let's call it even. Now I know some will probably say well that's a fair trade, 16 years and it'll cancel out, but that assumes that you have +R300k in spare capital lying around. If you had that R300k lying around, just put it into government retail bonds (for example - at 11.5% pa for a 5 year investment), that's R34500 in interest that you're earning per year, which is nearly double the fuel cost for the susuki swift. So unfortunately never mind taking 16.327 years to make up the difference in price, actually you're better off driving the suzuki swift for free and using the spare cash to pay for insurance and maintenance on the swift...
 
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