The Big Picture 1. CALB Battery Defects: What’s Happening CALB battery defects are not a handful of isolated failures. The Xinhua report cited “a large number of commercially operated vehicles” experiencing cell swelling, leakage, and insulation faults. Third-party inspections from multiple vehicle owners…
The Big Picture 1. BYD Brazil Plant: The Numbers The Camacari plant in Bahia state is BYD’s most important manufacturing base outside Asia. Total investment: 5.5 billion reais ($1 billion). First phase annual capacity: 150,000 NEVs. The plant opened on…
The Big Picture 1. The Tax That Changes the Economics Yesterday’s lithium consumption tax was described primarily as a technology-forcing policy — make lithium more expensive, make sodium cheaper. Cui Dongshu’s commentary today reveals a second, arguably more important effect: the tax…
The Big Picture 1:China Automaker Profits: The H1 Bloodbath Automaker H1 2026 Status Primary Causes GAC Group Loss $590-660M Raw materials, sales investment, JV decline Changan Auto Profit -58% to -68% Raw material costs, exchange rates Seres Loss $220-260M Supply…
The Big Picture 1. China Lithium Battery Tax: What the Policy Actually Does The China lithium battery tax is deliberately structured as a two-step escalation. Step one: 2% from September 1, 2026 — six weeks from now. Step two: 4% from September…
The Big Picture 1. CATL Sodium Battery Europe: The Product and the Partnership CATL sodium battery Europe moved from product unveiling to export contract in less than a month. The Tener Sodium system was announced on June 22 as the “world’s…
The Big Picture 1:BYD Hires Hungary’s Ex-Foreign Minister: Who He Is and Why He Matters Peter Szijjarto was not a diplomatic foreign minister. He was a political foreign minister — one who explicitly and repeatedly prioritized Hungary’s relationships with China…
The Big Picture 1. What’s Changing Overseas, Dynasty and Ocean merge into a single BYD brand — one name, one dealer network, one marketing budget. Denza + FCB combine back-end operations. Yangwang stays independent as technology flagship. In China, Dynasty/Ocean…
The Big Picture 1. The Numbers BEVs: 33.675M (68.77%). PHEVs: the rest. Fleet share: 13.19%, up from 12.01% at end-2025. Growth trajectory: 10M (June 2022) → 20M (end 2023) → 30M (end 2024) → 44M (end 2025) → 49M (June…
The Big Picture 1. The Plan Dongfeng Canada: certifying vehicles now. Distributor North World Industry expects first 2 models 2027 — Vigo (Nammi 06) and Nammi Box 01. Montreal Old Port showcase this week. “Maybe next year we will be…
