World's largest electric container ship operational in China! COSCO's 绿水01 is container ship operating out of Nanjing that's 120m long, 23.6m wide & 8261t in displacement
Max speed 19.4 KM/hr, 50MWh battery pack
Saves 3900kg fuel/100nm
Using charging station w/ installed…

More Chinese upstream battery FDI in Europe: Hunan Yuneng, one of China's biggest cathode material producer, announced its first overseas investment in Spain. This follows similar Chinese investments in Finland, Sweden, Morocco, and South Korea.

Recently, BYD opened new dealership in Tokyo's Meguro ward china.org.cn/world/Off_the_…
This is BYD's 5th store in Tokyo & 24th across Japan
BYD intends to have 100 stores across Japan by end of 2025
Japan remains the only foreign mkt where BYD is not using 3rd party dealers

LianYunGang is one of largest ports in China & BRI cog
Now it's abt to have world's largest offshore floating PV farm of 2GW
Expecting to generate 2 TWh power/yr
Costing 9B RMB investment, to be built next to Tianwan NPPs, got sea use for 27 yrs
src seetao.com/details/234493…

Shocked WSJ saw the real story of BYD Q1
28% auto division gross margin is insanely high
Even higher than 2023Q3
Sure, px per car is down & volume is down QoQ
But this is historically slow Q1 in China
Px dropped bc raw material px dropped & BYD new factory started production
BYD…

BYD is getting into battery swapping
Recently unveiled 3rd gen commercial vehicle battery that support fast charging as well as battery swap
Utilizes CTB tech for commercial vehicle for the 1st time for greater integration + energy density
New tech can be used in Vans, trucks of…

HNA subsidiary Suparna Airlines announced desire to replace 737s w/ C919, becoming solely C919 fleet airline
There are significant cost advantages to operating just 1 fleet, but will we see more of this across China?
COMAC recently showcased aggressive production ramp up w/ 30…

BYD hitting new height in Brasil in Apr
Up 15% MoM to 7037 registrations, 3.4% mkt share
Dolphin mini leads the way w/ 3143
Followed by Song+ @ 1699
Dolphin @ 1619, Seal @ 283, Yuan+ @ 196, T3 @ 81
Tang @ 16
They really just need more transport capacity in order to sell more here

On various test done w/ Pura 70 vs other flagship phones, P70 Ultra was found to have close to top end endurance (significantly better than top end iPhone) as well as 2nd best app response time (again, much better than iPhone & only worse than Xiaomi 14 Ultra

Chip design, OS,…

More on T25 3-axle engineering vehicle which is launching all across China
> 200 km battery electric range
377 kWh battery pack & 300 kW charging
eMotor can reach max power of 390 kW
Max Torque 3200 kW
Allow it to climb incline of 43%
Front Axle load of 8.5t & rear axle load of…

Check out this new Water Rescue Drone TY-3R by Didiok makings
Can fly @ 13m/s, be remote controlled to fly to where swimmer is while transmitting 720p video
Swimmer can then be dragged safely to the shore
didiokmaking.com/products/water…

Apr Updates to this
GAC Aion down further to 28k
ChangAn Deepal shrinking below 13k
Both should be concerned
Geely abt flat @ around 150k, but Galaxy & Zeekr brand are both up -> good news for Geely's NEV transition
Leapmotor continuing to deliver more, hitting 15k in Apr

April sales show Bao5 & U8 trending downward
New N7 saw sales back over 1000 (will this get to > 2000 in May or June?)
Qin/D05 keep rising -> 84k in Apr vs 69K in March
Han/Tang/Yuan/Seal/Seagull all flat to up slightly
Dolphin down 10k
Yuan up 2k
Song family up slightly also…

BYD produced 334k in Apr & sold 313k, up 49% YoY
Up 23% YoY thru 4 months this yr
Hit all time high w/ 41001 export
Battery installations also hitting high for this yr
PHEV continue to dominate PV mix
Accounting for 57% of sales
I wonder if production > sales bc they are stocking…

In the next grouping, Zeekr rose to 16089 in Apr, highest among pure BEV brands, 001 is a huge success (over 3300 registration just this past wk)
NIO also rose to 15620 due to good numbers from ET5 & ES6
Both NIO & Zeekr were helped by halo effect on Su7
Can this trend keep up or…

Li Auto continues to slide in Apr
Down to 25787 & just 106k in 1st 4 months
Far short of pace needed to even reach 600k this yr
HW moving up & AITO/Luxeed deliveries jumped ahead of Li Auto in Apr w/ 29632 total deliveries
M9 is a huge success w/ 13391 delivery

Recent evaluation of Chinese language LLMs by SuperCLUE on avg of reason & language

GPT-4 & GPT-4 turbo @ top
Baichuan has the top scoring domestic LLM
Followed by Alibaba's Qwen Max, Zhipu's GLM-4, Tencent's Hunyuan & Baidu's Erniebot
Sensetime's new LLM was not included in…

Top 10 luxury brand (avg sales px > 300k) in March
Huge declines for BMW, Benz & Audi
Big improvements for Li Auto & AITO

I've talked abt BYD's attack vs VW & Japan Inc in < 200k mkt, but an equally interesting affair is BBA vs domestic brands in > 300k mkt
BMW & Benz will have…

AVIC/CAC's new drone factory in Zigong (abt 200km from Chengdu) is entering production
Capacity of 200 drones/yr w/ supply chain nearby
Production time has been cut by 30%
Comes w/ latest automation & 3D printing tech
WL-2 recently did logistics transport test flight
This base…