Chinese Electric Cars Versus Tesla
Jul 20,2022 | Chloe Lacour
Competing against Tesla in the electric car segment is like competing against Michael Jordan in the NBA: expensive, exhausting, and almost pointless. But getting someone like Michael Jordan to join your team is ridiculously expensive, and so is buying a Tesla, at least for the average person. That's why many Chinese companies have set out to offer cheaper electric cars that can compete with Tesla's biggest hits.
The most famous Chinese electric cars that compete with the Tesla models are the Nio ES7, the Xpeng G9, the Li L9, and the Nio ET5. Pretty much all of these models undercut their Tesla competitors when it comes to price, and that's the main reason anyone would choose to buy these vehicles over a Tesla.
Comparing these vehicles in terms of quality, luxury, features, and desirability are difficult as everyone knows what a Tesla is, while names like Xpeng or Li are still a mystery to most people. Tesla cars also benefit from Tesla's proprietary Supercharger network, which is one of the best parts of owning a Tesla.
Anyway, we're going to list all of the cars above and compare them to the current Tesla models to decide which to go for and why. In China, Tesla is no longer the most popular electric car brand, which means the Chinese strategy is working, at least in the domestic market.
One of the most interesting Chinese electric cars coming out this year is the Nio ES7. This Tesla competitor will likely have three battery sizes: a 75kWh entry-level battery, a 100kWh mid-range battery, and a 150kWh top-end battery, meaning the battery size competition goes to the ES7.
Nio is also doing something no other electric car brand is doing, which is developing cars with swappable batteries, meaning you don't have to charge the battery, you can just swap it out in seconds. The NIO might not be as desirable from the outside, but the ES7's interior looks better than anything Tesla has offered before.
Competing against the Tesla Model Y and Ford Mustang Mach-E is the Xpeng G9, a Chinese startup electric car said to come with a 100 kWh battery and a range of over 300 miles. The top-end model of the G9 is said to produce around 320 hp and is therefore pretty fast on the road. The G9 looks really cool both inside and out, and the quality of the materials seems a bit more interesting than the Model Y.
The price of the G9 is not yet known as the car has not yet been officially unveiled. Many sources state that the G9 should be available for purchase later this year and that it should undercut the Model Y. Either way, the G9 is a cool car, but most people with enough spending power will probably buy a Tesla.
One of the most impressive electric cars to launch in China this year is the really good-looking LI L9. This $70,000+ EV isn't your typical affordable EV, but a full-fledged luxury yacht looking to steal customers away from the Tesla Model X. The LI L9 is a hybrid vehicle, i. H. it features a 50kWh battery with a range of up to 130 miles.
The battery, however, is backed by a range-extended 1.5-liter petrol engine that allows for a combined power output of 450 hp and a combined range of more than 800 miles. The LI L9 is likely to become a real hit as it combines electricity and petrol in the best possible way.
If you prefer a sedan to an SUV, the Nio ET5 could be the Tesla Model 3's biggest Chinese competitor. The ET5 also takes a slightly different approach, starting off with being more expensive than the Model 3. The ET5 comes with three battery sizes like the ES7 SUV, meaning the ET5 offers a much longer range than the Model 3.
The ET5 looks better both inside and out and features higher quality materials. If you pit the ET5 against the Model 3, the Model 3 runs the risk of losing. However, the Tesla brand comes with a huge price premium in all markets, so we'll have to wait and see how things develop in practice.
Why is Tesla so popular?
Tesla is the most valuable car company in the world, and no one really thought Tesla would ever achieve that. The reason Tesla is so successful is that the company has transformed the entire auto market with competitive vehicles, the Supercharger network, customer experiences, and incredible technology and safety features.
Tesla will likely continue to build impressive cars for a long time, but other brands are starting to catch up, notably Chinese electric car brands and German luxury car makers. In any case, we will benefit from the tough competition because we will get better cars overall.
Should I buy a Tesla or a Chinese electric car?
Buying a Chinese electric car is still a riskier investment than buying a Tesla. While there are some aspects in which these brands are superior to Tesla, overall buying a Tesla is the easier and more logical choice. Selling a Tesla is easy while selling relatively unknown Chinese electric car brands with unproven reliability is a difficult task.
Considering they all cost a lot of money, Tesla is the one to keep your eye on, at least for the foreseeable future until these Chinese electric car brands prove worthy contenders in the real world.
Will Chinese EVs become the world's most popular EVs?
Although Tesla is the most valuable car company in the world, Chinese electric car manufacturers are already leaders in the global market when it comes to the production and sale of electric cars. More e-vehicles are sold in China every year than in the four following countries combined.
Therefore, it is more than likely that Chinese EVs will eventually become the most popular EV brands on the market.