BYD News

A potent new electric car has broken cover in China.

Car industry bodies and electric car charging providers are calling for regulatory reform to encourage greater kerbside charging infrastructure and counter stagnating demand for electric cars.

Chinese car brand BYD has made a bold claim at a recent conference, with executives confirming BYD plans to have mass installation of solid-state batteries into electric cars by 2027.The move is a step towards what Chinese auto media is calling ‘large-scale installation’ by 2030, which is when BYD expects to be able to bring solid-state batteries for electric cars into the mainstream.Sun Huajun, CTO of BYD’s Lithium Battery Company said the hope is that solid-state and traditional batteries will be close to each other regarding price by the end of the decade, according to CarNewsChina.It comes after Lian Yubo, BYD’s chief scientist and automotive engineer, said in terms of solid-state batteries, “three years will be difficult, and five years will be more realistic”.Sun Huajun said between 2030 and 2032 will be the period in which solid-state batteries see mass uptake, after winding up from 2027 onwards."These batteries are expected to be incorporated into mainstream EV models by 2030," said Sun as reported by China Daily.As well as BYD’s outline for the future, Wang Deping, Chief Scientist of Chinese state-owned FAW Group, said small-scale introduction of solid-state batteries is planned for 2027.It’s a bold claim that, if true, could see electric car driving ranges increase significantly, though the industry seems to remain split on whether solid-state batteries are truly achievable for mainstream (i.e. affordable) use.Last year at the launch of the Audi Q6 e-tron, senior drivetrain engineers told CarsGuide the technology wasn’t likely to be feasible for ‘everyday’ cars in the foreseeable future due to the miniscule manufacturing margins of error required.It seems unless there’s a major manufacturing breakthrough, some brands foresee solid-state batteries being limited to the upper echelons of the electric car market.

More crucial powertrain details for the incoming Ford Ranger plug-in hybrid have been revealed.

Performance electric cars are too cheap.

BYD has details its stunning sales target for its Shark 6 dual-cab which would see the plug-in petrol ute knock off some of Australia's biggest ute names in 2025.

BYD’s full-frontal attack on the Tesla Model Y has at last been detailed for Australia, with the Sealion 7 electric mid-size SUV to start from $54,990 in our market.

BYD promises three new self-driving technologies for its entire range as Tesla admits its existing cars won't be capable without major upgrades.

Electric cars are finding their footing in the new car market, but used EVs remain mysterious. You can’t check the oil, the service records won’t tell you much and the single most expensive part — the battery — typically requires full replacement if there’s an issue, rather than repair. Good news is that data from online auction house Pickles shows that battery health is in line with — if not better — than manufacturer predictions. Which should help allay one of the biggest fears of buying a second hand electric car.The vast majority of electric cars on sale today have an eight-year or 160,000km — whichever comes first — battery warranty. These typically guarantee the battery health of any car will remain above 70 per cent. If not, the manufacturer will replace the unit free of charge. Battery health refers to what percentage of the battery’s original capacity remains usable and dictates maximum driving range. For example, if a car was capable of travelling 500km from 100 per cent charge when new, a battery health of 80 per cent would see your maximum range fall to 400km. Additional aspects, including fast-charge time, may be affected as well. Pickles has found the average battery health of vehicles sold to be in excess of 90 per cent, even for vehicles that have travelled more than 120,000km. Many of these cars would have travelled this distance in less than five years, which is an impressive result. Additionally, cars over four years old with lower kilometres retained, on average, more than 93 per cent battery health.Data was collected from the ‘Pickles EV battery health assurance process’, which uses consistent third party software and has been run on 250 vehicles so far. See the below table for observed battery health against kilometres travelled. “This underlines that Pickles is selling used EVs with very healthy batteries, as early data suggests battery health is in line with manufacturer expectations,” said Brendon Green, Pickles General Manager, Automotive Solutions.Some brands fared better than others, though exact reasons why would be speculative. Hyundai and BYD had the highest average battery health rates, followed by Tesla. Partially this can be attributed to Tesla being around for longer. With advancements in battery temperature management such as liquid cooling and heat pumps, lifetime health has generally improved. Admittedly, Pickles’ sample size is small compared to the 90,000-strong new electric car market last year. The auction house had 334 electric cars come through in 2024, a huge leap from 2023’s 115 units. Naturally, the used market has lagged behind the new one but there’s an important milestone coming up, with the government’s FBT exemption for electric vehicles coming up to three years old in July. This will see numbers increase as cars come off lease. Along with bringing broader choice, prices are only expected to fall further in response to intense new-car discounting and a flood of the market.Not ideal for those who purchased new electric cars, but a great thing for those looking to get into an EV without the capital for a new purchase. Pickles' data shows used petrol and diesel vehicles remain 20 per cent above pre-COVID prices, electric vehicle are back to, or below, those values.Interestingly, the report shows that a much greater number of electric cars are selling to private buyers (51 per cent) versus the split for petrol and diesel vehicles (24 per cent) which are motor trade heavy. Green said that EVs may have attracted a “marginally smaller” dealer pool, but the private buyer interest is a good thing for Pickles and its sellers as they are typically less outright price sensitive. “In general, EV buyers are far more educated than any other vehicle buyer category that we’ve seen so far. They do a lot of research, because they’re all stepping away, often for the first time, from a traditional ICE . “They’ve probably test driven them elsewhere and gone, right, I want a Tesla Model 3 with two years and 30,000kms and there’s three of them on Pickles already,” explained Green. 

Price used to be the biggest hurdle to electric car adoption, but not anymore.Research conducted by the Electric Vehicle Council in 2022 suggested half of new car buyers were considering switching to electric, but the number one concern was the upfront cost.One of the best value offerings at the time was the Tesla Model 3, which started from a whopping $64,300. Consumers were expected to pay $15,000 to $20,000 more for an EV compared to an equivalent petrol model.A lot has changed.The electric car market has expanded significantly and costs, both from existing players and those new-to-market, have come down significantly.The upgraded Tesla Model 3, which now features more driving range and features, starts from $54,900, and you can hop into a fully electric car from as low as $29,990 (for the BYD Dolphin Essential).Not only have costs come down, but the amount of choice has exploded. The just-launched Leapmotor C10 is a mid-size family SUV, which starts from $45,888 before on-roads (or just $47,500 as part of an initial drive-away offer). It’s a price-tag equivalent to a mid-spec Toyota RAV4 — Australia’s most in-demand hybrid SUV — and soon it will have to compete with not only the Xpeng G6 but the Geely EX5.We may have expected electric car price parity to arrive with some fanfare, but it has almost arrived with barely a whimper.Top-selling models, including the Tesla Model Y, still seem to be a price-step above combustion options. There’s a vibrant price-war amongst the increasing number of Chinese automakers available and in an increasing number of segments, but it seems like electric cars have lost their lustre a bit amongst new car buyers.As a result, the latest data from the industry has those considering purchasing an EV dropping significantly.It’s not all over for electric cars as some doom and gloom headlines proclaim, often citing softening (but still growing) sales in Australia. There are also much more dire figures out of Europe causing some of the biggest manufacturers to issue embarrassing about-faces on once-bold all-electric commitments, as customers reject new products in droves.So why is this happening? Do Australian new car buyers even want an EV anymore, and are we set to follow in the footsteps of other places that have seen an EV sales slow-down?The issue has several factors, all of them economic rather than ideological, despite what the comments section would have you believe.Consumer confidence in the new car market has declined significantly with high interest rates. The January 2025 sales data from the Federal Chamber of Automotive Industries (FCAI) showed a continued decline in EV sales following a soft second half of 2024, but also a rapid increase in registrations at the lowest end of the market. Significant winners so far this year include the Kia Picanto, Chery Tiggo 4, MG3, and outgoing Mitsubishi ASX, all budget petrol-powered offerings, and a far cry from the usual mid- or high-spec SUVs which have dominated sales charts for some time.Another significant factor is the removal of EV incentives from most states.The amount of competition in the Australian market has had a knock-on effect of slaughtering the resale value of existing EVs. Imagine having bought a pre-upgrade Model 3 in 2022, only to have its value halve in three years because the new one is not only better, but it’s nearly $10,000 more affordable, too.Then there’s the consideration of why buy a two- or three-year-old, relatively high kilometre Tesla, when you could have a brand-new BYD Seal with a box-fresh warranty from $46,990. Buyers have begun to question whether now is the right time for a purely electric vehicle, when they could simply wait for prices to stabilise, buying or holding on to a combustion car in the meantime.Fuel prices are hovering around $2 a litre and Australia’s New Vehicle Efficiency Standards (NVES) will begin to have a significant impact on the model mix available. Hybrids appear to be the biggest beneficiaries. Sales are up a whopping 76 per cent year-on-year, driven by the return of the supply of popular Toyota models after a long period of parts shortages, and an explosion of new options available from Hyundai, Kia, GWM, Honda, and Nissan.This slowdown in EV consideration is a natural part of the process and what has to happen to bring the technology to the mainstream as automakers scramble to have the best, most affordable vehicles available.It’s the most keen early-adopters of electric vehicles who will feel the brunt of this. Their vehicles have been hit by the biggest declines in value, and they’ve had to put up with an immature charging network and even some additional expenses, like higher insurance costs.Still, the Australian market continues to evolve. While consumers seem to have turned more to hybrids, EV sales still grew in Australia, up 4.7 per cent over the course of 2024. They accounted for 91,292 units or 7.4 per cent the market and more options particularly at the same price of popular hybrids should continue to convert buyers.Australia has plenty of growth in the EV sector to go. Australia has the highest uptake of household solar in the world, which would, in turn, mean that Australian households with the ability to charge in their garage will have some of the lowest per-km cost to recharge their electric vehicles.The biggest factor in the long-run though will be the NVES. Finally catapulting Australia into the world of 21st century emissions policy, this policy will really start to bite in the second half of the decade. Almost every mainstream automaker who has spoken to CarsGuide on the topic has earmarked serious changes to their line-up, with a high percentage of pure electric vehicles necessary for them to avoid hefty fines from the government.It’s also worth noting that at 7.4 per cent adoption, while Australia has been a little slow on the uptake, it’s hardly hit the saturation point which many European jurisdictions and some Chinese cities have reached, which is a big source of their respective market slow-downs.What’s the take-away? While price-parity EVs have quietly arrived in Australia with minimal fanfare, the path for growth here seems more sustainable than the great swings and misses we’ve seen overseas.Periods of explosive growth and unsustainable subsidies are behind us, and a slowly-but-surely set of policies in place here seems to be adding incrementally to Australia’s electric fleets rather than moving from huge sales to gutting losses for automakers, and in the long term, this should add confidence for EV buyers rather than doubt.