How BYD, Nio And Other Chinese EVs Compare To Tesla

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Published 2024-08-13
Low-cost, high-tech Chinese EVs have stirred fears of a government subsidized existential threat to automakers around the world. So what do these vehicles have to offer? How do they compare to the Tesla Model Y, which in 2024 was the best-selling car in the world? CNBC’s Beijing bureau chief Eunice Yoon tested four of them from large and high-profile Chinese brands to see how they stack up, and how their rivals might compete.

Chapters:
01:51 How BYD, Nio and other Chinese EVs compare to Tesla
01:57 Chapter 1 - Price Advantage
05:40 Chapter 2 - The smart EV
10:44 Chapter 3 - Downsides
12:32 Chapter 4 - Future Outlook

Producer: Robert Ferris, Eunice Yoon
Editor: Nora Rappoport, Darren Geeter
Field Production: Hilary Pan
Animation: Christina Locopo, Jason Reginato
Senior Managing Producer: Tala Hadavi
Production Support: Jeniece Pettitt, Ryan Baker
Additional footage: Getty Images

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#CNBC
#evs
#tesla

How BYD, Nio And Other Chinese EVs Compare To Tesla

All Comments (21)
  • @tatata1543
    I remember when people said “Americans won’t buy Japanese”😂
  • @AG-kp8es
    I've lived long enough to remember those days when Toyota and Honda were seen as a threat to America.
  • CNBC did Nio dirty, showing a 4 year old Nio and a gen 1 battery swap station 😂😂😂😂. Nio is on gen 4. Cant handle Chinese competition so misdirect people
  • That’s right! If the Chinese enterprises are not doing well, blame the Chinese government for dictatorship…but if the Chinese enterprises are doing too well, blame the Chinese government for too much support. 🎉
  • @coindeepdive
    That NIO is 4 years old, swap station is 1st gen. Why did you deliberately pick an old product. This is misleading. Imagine comparing Apple to Samsung with an iPhone 8. That's what you've done and don't think people will not realize it. CNBC , dishonest as always.
  • @kanavaro2010
    If Chinese cars cannot succeed overseas against U.S. legacy automakers, then why are we imposing tariffs on them?
  • @anode360
    Even something positive is reported in a negative way
  • If the Chinese EVs aren't as good as Americans expect, why fret over Chinese EV exports? Why impose tariffs? If the cars do not suit American taste, then they won't sell. Period. End of story.
  • @wsktan1
    Germany exports more than 80% of all cars it built yearly, and there's no overcapacity heard. China export less than 20% of the cars it built, and what do you hear?
  • 😂 it's fun to see how US reports China becomes similar to how North Korea reports US. Everything can be framed in a negative narrative.
  • @ankita209
    Ridiculous. She used the oldest nio model and swap station. This woman clearly had an agenda to bash the Chinese EVs and praise Tesla. This wasn’t a fair comparison
  • Why do these American media produce so many negative news about China every day? They have double standards.
  • @MyVippy
    Looks like this lady used Nio first gen swap station. 3rd and 4th gen swap stations takes just 3-4 minutes. Stop misguiding people.
  • As someone who works in automotive out in Michigan, I’ll say that China’s growth in EVs has been anticipated for a long while now. There’s not a single global supplier that doesn’t have Chinese auto as a massive revenue growth projection going into the late 2020s and beyond. We’ve been kinda living in a bubble over here in the states while BYD, SAIC, Geely, Great Wall, Nio, and a bunch of other companies that Americans haven’t even heard of have been slowly penetrating market share through the rest of the world. Benchmarking companies like Caresoft and A2MAC are barely getting their hands on recent model year Chinese EVs for teardown, and there is nothing to laugh about on these products. The US and EU wouldn’t be threatening massive tariffs on Chinese EVs if they weren’t afraid of a threat.
  • Trust me, heaps of people are buying Chinese cars in Australia. Nobody buys American cars here.
  • The title should be Comparing old Chinese electric cars to a new Tesla Model Y.
  • @TkrB
    Japanese Automakers: We'll give the consumers what they want. Chinese Automakers: We'll give the consumers what they want and cheap. American and German Automakers: We'll give the consumers what they want... at a premium or subscription-based model.
  • @Will-cc4wb
    CNBC, shame on you nd your reporter with a hack job video. She is showing Chinese EVs like the NIO that is over 4 years old instead of their newest version. Along with NIO first generation swap station rolloed out over 5 years ago. Instead of the new Battery swap stations that re fully automatees and complete swaps in about 3-minutes. Along with first generation cars auto parking that is not an issue for today customer. It is clear that you did not ask the EV makers for a demo car so I have to believe this was intentional and in very bad taste. American car buyers deserve an updated truthful vedio revision. Thanks.
  • And the US subsidizes North-American automobile companies and nobody says anything 😂