IT STARTED! Chinese EV Market Is WAY WORSE Than We Thought!
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- Опубликовано: 14 июн 2024
- IT STARTED! Chinese EV Market Is WAY WORSE Than We Thought! The Chinese EV market was supposed to be the future of electric vehicles, but something has gone terribly wrong. The electric vehicle (EVs) market in China is facing a massive crisis. Chinese EV Makers find themselves entrenched in a desperate struggle for survival. Many of Chinese EV car companies are going bankrupt, leaving behind huge EV graveyards, debts, unfinished projects, and angry customers. What is causing this EV collapse, and who is to blame? Who will be the victim of this unprecedented EV collapse? And what are the implications for the millions of EV owners and investors worldwide?
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😊 Hey guys! We created the Chase Car channel to give viewers a broad overview of the upcoming new cars from the top car manufacturers. We are huge fans of pickup trucks of all sizes: compact, mid-size and full-size trucks. So mostly, we will cover new upcoming trucks, but besides that, here you can find a lot of content about new sedans and SUVs too.
The Electric Vehicle wave sooner or later will become huge, so this type of content might appear on this channel from time to time. But as we are still on the way to becoming fully electrical, we mostly cover fossil cars from many amazing brands.
#evs
#chineseev
#evnews 
Авто/Мото
🔴Are Chinese EVs OVERHYPED?🤔
🏆The Real Reason EV Sales Are Falling WATCH HERE 👉 ruclips.net/video/FxZD-9VTwxA/видео.html
Obviously folks here from the USA want their future grandchildren to go back to the steam engine
All the power to them
Bro who is paying you?
There are good cars and there are bad cars. Most are in between. This applies for both ICE and EVs. Ev's haven't been around long enough and they change all the time. It seems like there's a new you beaut battery coming into production every month. It's hard to get useable reliability data on them. So, if you're interested, you need to go off reviews. There are a lot of EVs with good reviews and some of them are on the cheap side of average price.
I'm interested in buying one. But not yet. As time goes on they seem to be getting better and cheaper. But the charging infrastructure needs to catch up.
@@DW-op7lyEven if that were true, they would be more reliable and safer than Chinese EVs.
@@DW-op7ly That is not true. Actually they want to go back to ICE Car.
I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...
I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
Ethan Grayson is one of the finest portfolio managers in the field. She's widely recognized; look him up.
"I wonder what the best opportunities to invest....."
==
Get your hands dirty and work.
@@allgoo196 Exactly: in retirement communities, care centers, nursing homes, care home facilities, mortuaries, cemetery plots.
Same as korean cars. They in struct owners not to park in the garage or beside the house. I wouldnt park a chinese EV anywhere near the house either. Maybe not any companies EV for that matter.
Other RUclipsrs have said that 8 EV’s in China burn up a day. Also that the manufacturer, can remotely start your car and update software.😱😳😵
In Deutschland brennen täglich ca. 40 Verbrenner. Deutschland hat 83.000.000 Einwohner. Finde den Fehler!!!!
60x more ICE cars burn than EVs.
Not all EV's are run on green electricity and more pollution is created in the making of each and every EV than any ICE vehicle.
this is not true - point pollution is much easier to capture and contain they from tailpipes, in addition power plants are more efficient than cars at consuming energy sources
@@jeffjones114 the pollution is indeed easier to contain at the point of manufacture. But is not happening, that is the point.
@@jeffjones114 The additional environmental cost of creating and transporting the batteries alone results in a higher carbon footprint than ICE vehicles. A 2021 study comparing EV and ICE emissions found that 46% of EV carbon emissions come from the production process while for an ICE vehicle, they 'only' account for 26%.11 Jan 2023. Just one fact of many to support ICE vehicles.
@@ericaltmann5711 that is not true, in fact they are using some of the most advanced carbon capture systems
I first heard of NIO earlier today, a Chinese EV manufacturer that chose the approach of swapping batteries rather than connecting to a charging station. The company recently reached 60,000,000 battery swaps. Its vehicles are very popular in Norway, where 65% of the car market is for EV's.
How has NIO achieved its rapid growth? It has been losing more than $35,000 per EV sold. I don't see how anyone can argue that such losses on every sale is sustainable.
No one can realistically compare Norway to a LARGE country with various electricity sources other than hydro. You just can't. How a country uses its vehicles is another factor not accounted for. Battery swaps is a good concept if done correctly, but the start-up of this concept in a country is HUGE! There are many details needed to work out no one talks about. As to loss of $$$ per vehicle, that's no ones business other than the manufacturer.
Just about every car company are abandoning EVs. electric vehicles is a stop gap. A temporary phase.
Just wait till the batteries reach their end of life en mass.
Hertz Rental company, has learned their lesson and are selling their EV cars.
100,000 Teslas will not be bought by Hertz in the near and not so near future ever again.
Hertz Rental company even fired one of their top executive who sponsored the idea of buying the Teslas.
Dictator sleaXi and his CCP gangsters are trying to bankrupt overseas car makers buy paying chinese car makers a subsidy for each car they sell overseas and each car the get road registered in china. This will eventually bankrupt china if their plan to dominate World EV production fails.
china sinks lower into bankruptcy and poverty.
According to Bloomburg, there were 500 Chinese electric car manufacturers in China in 2019. After fierce competition, only 100 manufacturers remained by 2023.
It looks like these 100 are now sorting themselves out again. Most will be bought up by the bigger ones.
EV OWNERS LIE ABOUT THEIR COSTS.
Read Car & Drivers long term test of a Tesla. The only magazine that tells the truth.
Never mentioned the number one reason. Buyers don't like electric cars.
This is not true. EV adoption is accelerating in China. Chinese are quick to adapt to new technology.
@@jeffjones114 Not really. The same Chinese ev manufacturers are registering those EVs and let them rot on fields. Then the ev companies get paid by the ccp... The numbers are artificially bloated.
Nobody ever talks about the range of ICE
Because it’s not an issue. It’s simple, stop and add gas and continue as needed until you arrive. You can even carry extra fuel with you if needed. Try that in your Tesla.
it is an issue for me. my suv with a v6 and a 50 liter tank has pretty poor range. i have to consciously manage fuel when going to some of my farms otherwise i can't get back
@@GraveUypo An suv you say, to go to your farms you say….sure. So no fuel at your “farms” then? What do your tractors run on? Hopes and dreams?
@@GraveUypo. An EV truck on a farm in a Texan desert? Yikes 😱! A time-bomb! Or charge it for 6-10 hours. For an ICE, just add gas in 2-5 minutes and you are on your way. Electricity is also really expensive. Don’t listen to these people. I will stick with the convenience of my ICE.
A lot of people do not want assist this assist that high priced gadgets EV Milk Floats
Not my personal observations, but reporting on the Euro NCAP testing.
"Three new Chinese models went through the rigorous testing process of NCAP's European branch - the BYD Seal, BYD Dolphin and XPeng P7.
All three received the maximum five-star rating, showing that Chinese manufacturers take safety just as seriously as their European competitors."
Sorry its the last cars on earth id want to drive!
Not to be sorry about, when you are making *"$MART MOVE$"* 👍
Although I despise the industry's nonsense and prostitution of SUVs front-wheel drive/17cm ground clearance or laziness fed by the automatic gearbox or engines made on the knee in 3 Pistons, I could have them all at any time in my life as long as they have under the hood the Holy freedom offered by the heat engine.
Therefore, because I do not want a cashless society in the digital-climateric-dungeon-social credit score, I will never have any kind of electric "car" (of whatever kind it is, even more so on batteries) and I will never climb into this automobile abortion.
Never.
They literally have no ability to figure out how to not overproduce and glut the markets they enter.
china isn't dialed into supply and demand. Its a central planned economy when the communist government decides and controls everything.
With so many annual flooding in China, will electric cars be a hazard if submerged?
Only briefly. 😝🙄😁
@@markvincent5992
Well…enough to shock the heck out of the driver
Lots of flooding in China because China is big. Not happen at the same location every year
Let me know when the REAL EVs arrive and I'm in. The Nicola Tesla EVs the REAL man intended. Jetsons pods with true autonomy and antigravity of course. Powers off the aether, no batteries, no power bills, no nonsense. Don't bother us with anything less.
Well Mr. Tesla wanted to send power through the air and rent a meter to use it. Sure would solve the battery problem.
They have taken an ECU from dodgem cars to cross breed the EVs, and you thought covid was bad.
Right idea but wrong story - the real story is that EVs produced and exported from China are more expensive BUT (and hopefully at some point this will come out) where the UK is concerned and probably every other Country too - they cause more pollution than a usual petrol car AND THAT IS A FACT!
You people need to elect better leaders. Geez I thought we were bad.
Re NYT China has capacity to produce 40 million internal combustion engine vehicles every year! Best way of containing China is by creating permanent traffic gridlock!🤗
Where have you been brother, 10’s of thousands of unsold Chinese EV’s have been languishing on a plethora of European ports. These EV’s were never ordered, requested, or prospective. Neither the CCP nor the Germans and other EU countries where these fire traps are literally taking up massive concrete parking lots, performed any analysis or feasibility study on European demand. China’s economy is severely struggling especially since the real estate market and construction have majorly declined, so the Chinese have been just cranking out EV’s to try and resuscitate the economy. This includes providing massive subsidies to Chinese EV makers that are worth more than cars in some instances albeit this practice was discontinued in late 2022. There are still lucrative subsidies for EV buyers in China and likely still some unreported subsidies for Chinese EV manufacturers to avoid high tariffs. Like anything coming out of China you never know the truth. If you think the forlorn Chinese EV’s on European ports are an eyesore delve into the copious Chinese EV graveyards (brand new cookie cutter EV’s produced just for the subsidy $$$) interspersed all over China. I would wager there is at least 1/2 a million to a million abandoned throughout China. It’s obscene. We have seen this time and again like with EV bikes. The overproduction, more like pollution of Chinese EV’s will not cease anytime soon with reports that the CCP is planning to build a fleet of 6 more car carriers that can dump 3000 or more EV’s per trip at a port near you.
This has never been going well for EV manufacturers of China. Just look at their dispicable global market presence. Sure in the domestic market, the prices are lower and subsidies abound. But quality is shit while volume ramp up but export quantities are negligible and still are. They are doomed from the start.
The EV nightmare continues
Farce is a better name for it !
Regarding the EV graveyards, I was told that the ride share companies would remove and sell the batteries before dumping them.
Ummmm, Peter, I hate to break this to you but they aren’t gonna do that. Bankruptcy is a preferable option. And climate change, Santa Claus, the Easter Bunny and honest politicians don’t exist either. Sorry.😞
How well fed those EV makers CEOs are.
They say, "We don't take losses, you do."
Wally Mart quality. Good luck if you got one
Don’t want are need them. Not fit for purpose. Not safe ( would you put your children in one) they lie about the range
We here just had a familiy of four die when EV hit a small tree and batteries caught fire immediately ....EV death traps
I drive my kids in mine all the time. You guys really like ghost stories, and seem to not question what you are told. There are millions of EVs driving safely all around the world.
Because of high petrol price here in Melbourne. (Aust.) I now do not drive a car, instead I ride a motorcycle. Also have 2 bicycles. Have no need for an EV -nor an ICE vehicle. In my life motor cars are past tense..
Chinese EV are just an oversized cigarette lighters.
😁😁
Lei, a RUclipsr who films about China, said the vast amounts of cars in the fields are only the ‘shell’ or ‘basic frame’ of a car. She stated that the expensive inner workings of each vehicle are installed and then stripped out. This way the manufacturer can produce large numbers of vehicles, earn the government subsidy, and then minimize their cost of production. They constantly reuse the batteries etc. in successive cars, rather than buying new for each one. Those ‘graveyards’ aren’t fully-functioning EVs.🤫🤫🤫🤫🎓🎓🎓
That makes sense
Fraud. It figures. China....
China always made great fireworks,,EV NOT SO MUCH
And remember, if your car maker goes bankrupt, what then...
In CHINA many added software requiring regular updates/call in/etc
Even in america and europe this is becoming a problem.
Thing is, how more ICE a car, how more chance it keeps driving when your car company goes out of business. Because the CORE part will be still the CORE.
With a Chinese EV I would worry a lot more that not on the MAPPING software is down, but also drive controls, system control, etc.
It’s a total illusion that a modern ICE car is less software and computer dependent. There needs to be a regulation that in case of bankruptcy all source code for controller modules must immediately and completely be open sourced.
Who would willfully buy and put their family in a chinese made EV car? The batteries have been known to catch fire and explode. Forget that!
And bet no insurance company would cover u comprehensively?
And oh by the way electric cars are NOT green.
Missed some big points also... the build quality, designs copying western cars and major fire hazards.
Why do all of these EV makers make sedans when no one buys sedans anymore?
Ten grand for an MG in the UK ,how can they make them safely and shop them around the world ,China dumping their crap on the world again ,death traps.
The public should literally stop buy new vehicles period, until prices are reset to something affordable...buy used from individuals...best long term strategy to cause a needed market correction...
Most people don’t want EVs no matter how hard the government trying to push.
IDK, I think the pet rock was a better fad than EV s.
Cost is way too much -- the Toyota Camry is about 2/3 cost of Tesla And goes for 200k miles with no probs
nothing about the crap quality of those chinese cars, nothing about evs being a fraud not green at all in fact worse then petrol, nothing abot the eletrical grid worldwide cannot sustain demand,,,20000 bucks minimal for a battery swap for now evs are a dream and a bad one
Yeah apparently selling MG's for 10 grand,well that is impossible to make for that price,battery costs more than that,utter death trap.
Good video.
We will eventually go all electric in one form or another, but this early round has been artificially inflated in both the supply and demand side of things with buyer tax incentives, manufacturer gov't handouts and an insane securities market that pumps that one particular stock to the moon with zero perspective on actual income.
Hopefully the crash happens and we can move into a more sane view of ev adoption. I think hybrids will be a good half-step for the next decade and maybe some way to retrofit existing vehicles.
Oh gee. I’m so sorry for the Chinese ev market crash. NOT!
i dont wanna drive tofu car
EVs violate the laws of physics and economics...but millennials and karens won't be deterred.
When someone figures out how to match the energy output from a barrel of oil to anything "green" and realistic...let me know.
Well said.
Environmentalist do gooders try to violate the laws of Physics and Economics. In typical fashion they usually make things worse due to unforseen but entirely predictable consequences.
EVs will be good cars in a decade or so...gotta get the bugs out......price down.
He really does look like Winni the Pooh.
Seems like Elon Musk is worried enough to ask for trade barriers. He's basically saying that Tesla is inferior 😂
What goes up must come down
The EV market is in good shape it has simple slowed down a little !
ALL EV producers are in trouble, not only the « Chinese » !
It seems that many Chinese people have figured out that they would rather not buy an EV made in China so it's now put the brakes on their uptake.
It is trying to tell you that Tesla is going down ,but telling the tale with another car maker .
EV are not ready yet ....
Dude! Tesla was the Ev brand who started the ev price wars not BYD
The EV market is as bad as the informed thought, that's why NIO and other EV companies share price is basically equal to money the business has on hand.
Explain Tesla, please. I think it’s a drink the Kool-Aid thing.
@@markvincent5992 I will admit I forgot to type "Chinese" before I typed EV but regardless what I said is mostly still true. I mean Elon literally said this week think of Tesla as a robotics / AI company in a conference call. He himself purposely avoided calling Tesla a EV company. After doing so Tesla's stock spiked up. Elon is smart enough to know that competing with Chinese EV's is a race to the bottom because all the competitive EV companies are selling at a loss trying to out compete each other. This is why Tesla's stock has been in a downward trend for years because those in the know also know its a race to the bottom.
People would rather just not have a car than some useless 3 ton golf cart.
I am sure they are a finely crafted motor machine.
Either this is a US or indian news
As a biker i woudnt touch a Chinese motorbike. I think car car drivers feel the same we feel safe with honda gm bmw etc . To buy anything Chinese feels like a gamble
Chinese EVs are on FIRE, literally.
all EVs are
Kala ko mayron na nabenta sa china...bat hangang ngayon di magawa...
. An EV truck on a farm in a Texan desert? Yikes 😱! A time-bomb! Or charge it for 6-10 hours. For an ICE, just add gas in 2-5 minutes and you are on your way. Electricity is also really expensive. Don’t listen to these people. I will stick with the convenience of my ICE. The real cost of charging EV’s isn’t out yet but it’s coming. Oh! Wait! EV era is over; it’s and will remain a sidekick not for real hustle.
If China can make a mark in Automotive biz within 10 years in market then all those established Automotive in the world should reflect on their manufacturing!
Come on EV is definitely a no no in most countries except for transportation automotive. China EV maker only mainly for domestic sales and some other poor countries to buy cheap China EV ! Those “upend model” basically is showcase but only limited buyer’s and moreover they don’t have safety standard !
Can't you adjust your AI reader to read properly and observe punctuation? What's all the hurry about?
Don’t quit your day job!
evs are the past--not the future
Buying legacy brand names
eg MG (Morris Garages) a British car maker.
Swallowed up by British Leyland
British Leyland bought by BMW
BMW took Cowley works to build the Mini
Sold the rest
China building cars with the MG badge
Plenty of Brits still think MG is a British brand
The CCP needs these companies to keep going with subsidies just in case China goes into war they need a vehicle manufacture industry to make tanks ETC
Boy this channel got it all wrong. China became the biggest car exporter. All economies are slowing. You should look at the car lots in America. There are no room to park all the Clunkers except for Toyota and Honda. Most Western and Japanese car makers worry about the Chinese imports.
Screen play Writer Tony () Blinken
Ce n'est pas le seul fiasco. La construction de trains à haute vitesse et de milliers de rails de haute qualité a couté une fortune. L'argent a été emprunté à beaucoup de petites banques locales. LE prix des places dans ces trains sont trop cher pour la moyenne des chinois. Les trains sont en faillite et ont mis en faillites une grande quantité de petites banques qui sont maintenant fermées. Un grand nombre de chinois n'ont plus accès à leur argent qui s'est volatilisé.
L'agriculture est aussi en difficulté. Un grand % des usines sont fermées ou transférées dans d'autres pays asiatiques comme le Vietnam et l'Indonésie.
Sorry for the people, hope it demonstrates the corruption in your government as well as ours. Best wishes
I've been riding in the High Speed Trains in China for several years now. Much preferred to short-haul air travel. Most assuredly NOT priced out of reach of the tens of thousands of people who I've seen in the stations and on the trains.
The world economy sucks
Nothing to worry about.....😂😂😂😂
So whats the fuss😂😂😂
If it’s so bad why so many European and Chinese new EV models introduced in Beijing Auto show this week? Are these car makers all stupid?
That guy with the propaganda voice.. WTF is this guy talking about?? EV'S in the largest auto market in the world are now over 50%..
Mate, please SLOW DOWN, you are talking way too fast. It's stressful, I had to switch off and I wanted to watch it all
Oil Company propaganda! As are most of the authoritative comments! Car companies period are in decline! So to are EV makers but less so than ICE manufacturers.
I definitely don't trust Chinese EV's. They're very expensive fire starters
😂
Who care
you are using a Chinese keyboard Chinese phone Chinese computer Chinese tablet.
@@MetaView7, it don't matter I will not buy their POS EVs
Tesla starts fire by itself too and is way more expensive.
in china ? If you are a diy ? Air-gap wire , reprogram and you'll have an insanelly good car
Is there enough unused cars to be recycled into tanks, railroads, bridges, mansions, and skyscrapers?
Yes. But the disposal of the battery makes it not economically viable.
US and EU are running scared of the Chinese EVs.
Ev grave yard been debunk so many times. Google a video on youtube itself will show.
Their cars are tofu dreg production garbage,they are rusting before they even leave the showroom and have a bad habit of burning for no reason.
The great joy of electric cars is intelligent, autonomous driving. A lot of people are starting to dismiss it without even trying it, or even looking for a video to watch, and that's a very closed mindset. The development of machine learning, the level of intelligence has gone beyond our imagination.
So far as I know, Tesla owners are still waiting. And anyone who trusts a machine to drive them deserved what they will get.
@@markvincent5992 I've seen a lot of EV test videos and they've outperformed most of the world's oil cars in terms of safety, especially the Japanese and Korean carmakers.
In terms of intelligent driving, Chinese EV manufacturers are already using mapless driving and have moved away from relying on HD maps.
For example, the AITO m9, AVATR 12, performs very well, there are many test videos you can follow.
Even if you don't actively use the autopilot, the unique AEB function can save you a lot of trouble. In high-speed driving situations, relying on the human eye to avoid an emergency is not an option.
I'm currently driving an NIO in Thailand.
After getting used to EVs, I never want to drive a clunky petrol car again.
@@markvincent5992 Tesla FSD has outperformed 99% of the world's drivers.
Projected growth is 5%. get your facts right
china's government target is 5%, projected growth from not China is expected to be lower.
This is 100% propaganda
Depose the CCP
💫🐉🇨🇳🐉💫
CCP is in charge, not a market economy, independent from the government isn’t available SO INDIVIDUAL LOSS ISN’T A PROBLEM
Chase Car should look at the 2024 Bangkok Auto Show. The amount of floor space given to EV's and the EV Sales made during the show!
Next door to China, duh. I can’t wait till they try to charge all their EVs. Bangkok will be blacked out for days. And what about all the area in Thailand where they don’t have any electricity? Can’t carry 5 gals of electricity, can you ? Don’t believe anything a car salesman tells you in any country!
Elon already talked about this a few a week ago
😂
If the Chinese EV is so bad why ban tax and tariff the Chinese EV.
If that true. Why is USA collect 27.5% tariffs on Chinese's BEV??. Why is USA NOT allow Chinese's to build BEV +battery factory in USA include in Mexico.
#Why is USA afraid of Chinese's BEV??.
BYD - Burning Your Dreams
I hope that you are right. I will consider purchasing an EV if they are not made in china. Not even Tesla if it is made in china.
I also have no interest in Chinese cars. I prefer mine to be made by American workers to American standards.
@@stephenboyington630 You must buy German, Japanese or Korean, to get one made in the US.
The more they need to push something, the more you know that the people don't want that "something". Toyota rarely advertised their hybrids way back. They let the market go at its own pace. If they sold, great! If not, maybe let them die out. In that case, they sold so they kept making them. Good things rarely need ads or help being sold. Bad things always do. EVs are a universal joke being pushed on a resistant public. Instead of Evs being pushed, cars themselves ought to phased out and top quality mass transit put in its place. While M/T cannot replace everything, a LOT of travel can be substituted. Look at Switzerland. The have the best transport in the world, so no one can say it's not possible. Cars have outlived their universal necessity. Time to replace them. As to China's economy, it's only about 40 years old. It has basically peaked and they have no idea how to operate a "capitalist" style economy. The CCP is determined to make and keep slaves of their population and those two concepts don't mix. Let China crash by its own devices.
Switzerland is a small area compared with the US and other places. Most of their vaunted transportation seems to be light rail and local transportation services. Distance is short and perhaps they spent more on infrastructure, but wiring that country wouldn’t be much different than Disneyland.
Frankly my friend, if I should want to travel, that’s my choice, not yours and certainly not any government. You may want to give away your freedoms, I do not. As far as cars having outlived their usefulness, come live here in central Indiana and get along without one. You will sing a different tune, city dweller.
I wouldn't bye a simple bicycle made in China or Mexico, much much less an EV or ICE vehicle.