Rumored headlines earlier this week (including on ValueWalk) is BYD, a Chinese electric vehicle manufacturer, owned by Warren Buffett, took the title of the world’s largest electric car maker from Tesla. However, there is an important distinction to point out that may change some people’s minds on the matter.
Clarify headlines about Tesla and BYD
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Meanwhile, BYD reported 638,157 electric car Deliveries in the first half of the year, but that includes a plug-in hybrid. In our Tesla/BYD history article, we mentioned that BYD’s problems include plug-in hybrids, which combine a traditional internal combustion engine with batteries typical of electric vehicles.
However, tram It added that nearly half of the vehicles BYD classifies as “electric” are plug-in hybrids. The tech blog argues that this fact means that Tesla remains the world’s largest electric car maker.
Is the difference justified? Or just cut your hair?
There is no doubt that plug-in hybrids are a transitional technology, and when enough all-electric vehicles offer enough range to achieve fast charging, road trips and driving times similar to gasoline vehicles, it will become obsolete. . Therefore, it is important to differentiate between BEVs and PHEVs.
However, many government agencies, including the U.S. Environmental Protection Agency, group “plug-in hybrid electric vehicles” (PHEVs) with all-electric vehicles. Therefore, one might wonder whether it is important to distinguish between pure electric vehicles and plug-in electric vehicles at this time.
One of the things that is crucial to understand about PHEVs is that before they started running on gasoline, many of them could only go 20-40 miles on batteries alone. While that’s fine for those not far from home, it’s a key concern for those on road trips.
Of course, all-electric range on a PHEV Increase, but they’re still far from what an all-electric vehicle offers. In fact, Tesla vehicles are known for their exceptional range, often exceeding 300 miles on a full charge. So it’s easy to see why EV enthusiasts would be outraged at the idea of plug-in hybrids being lumped in with all-electric vehicles.
As to whether they should really be grouped together, that’s entirely up to your point of view.
First published on ValueWalk.lily here.
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