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BYD reportedly to buy Aston Martin at valuation of $5.7 billion

buy Aston Martin at a valuation of 37 billion yuan ($5.7 billion)
What a waste!

I cannot fathom anybody except for a Chinese company splurging money like these for a brand of a half-dead company just for that "luxury" connotation.

For these money, they could've bought Rolce-Royce whole, or at least its car business.
 
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What a waste!

I cannot fathom anybody except for a Chinese company splurging money like these for a brand of a half-dead company just for that "luxury" connotation.

For these money, they could've bought Rolce-Royce whole, or at least its car business.

They were unloaded by Ford in 2007 and this 2013 Tesla review by Autocar UK basically murdered them
 
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Buying companies who focus on combustion engine with huge price is stupid. Future is a battery and electric motor technology.
 
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Buying companies who focus on combustion engine with huge price is stupid. Future is a battery and electric motor technology.

I think AM wants to reposition itself as an EV brand.

Still, no confirmation by BYD on this.
 
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Buying companies who focus on combustion engine with huge price is stupid. Future is a battery and electric motor technology.
Then BYD will turn it into an electric super car company.
 
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I think AM wants to reposition itself as an EV brand.

Still, no confirmation by BYD on this.
Then BYD will turn it into an electric super car company.

The potential AM buyer will likely combustion engine fanatic. I dont think they like electric car engine with no sound and run very efficiently. If they try to make it supercar EV , I think the engine will also likely the same in performance with other EV so people will be reluctant to buy it.

I still think BYD will keep it as combustion engine car for quite long time until electric car engine can perform better than combustion engine (speed only, not entire engine efficiency). Once EV perform better than combustion engine, AM brand will be deteriorated very fast since other car can run as fast as them. Not to mention speed limit imposed by regulator. So the buying logic will depend on many variables that include their projection on future market and regulator behavior.

I would say in the future the remaining combustion engine will be only for diesel engine for military vehicle, heavy vehicle, ships, and electric generator. Gas station will likely be out of market in the future that make people who still like combustion engine will think twice to buy the cars, not to mention the possibility of global car manufacturer like Toyota and others replace the combustion car production into full EV for consumer market to remain competitive. Specialized military vehicle producer will likely try to get future niche market in combustion engine for civilian market like Indonesian state owned company, PT Pindad.
 
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The potential AM buyer will likely combustion engine fanatic. I dont think they like electric car engine with no sound and run very efficiently. If they try to make it supercar EV , I think the engine will also likely the same in performance with other EV so people will be reluctant to buy it.

I still think BYD will keep it as combustion engine car for quite long time until electric car engine can perform better than combustion engine (speed only, not entire engine efficiency). Once EV perform better than combustion engine, AM brand will be deteriorated very fast since other car can run as fast as them. Not to mention speed limit imposed by regulator. So the buying logic will depend on many variables that include their projection on future market and regulator behavior.

I would say in the future the remaining combustion engine will be only for diesel engine for military vehicle, heavy vehicle, ships, and electric generator. Gas station will likely be out of market in the future that make people who still like combustion engine will think twice to buy the cars, not to mention the possibility of global car manufacturer like Toyota and others replace the combustion car production into full EV for consumer market to remain competitive. Specialized military vehicle producer will likely try to get future niche market in combustion engine for civilian market like Indonesian state owned company, PT Pindad.
I think you haven't seen Nio EP9 electric supercar... The sound of jet engine are mesmerizing. One super big advantage of EV is their torque and acceleration. A BYD Han can easily beat a combustion lamborghini in a drag race.

The call of whether aston martin be combustion or EV lies on the new owner(BYD). Volvo (Geeky owned) fired their Europe CEO when he refused to take order from their Chinese boss.
 
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