Chinese EV Makers Are Facing BANKRUPTCY as Massive EV GRAVEYARDS Keep Growing!

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  • Опубликовано: 9 окт 2024
  • China's electric vehicle (EV) industry is facing a massive crisis as more companies struggle to stay afloat. Intense competition, financial difficulties, and the phase-out of government subsidies are driving even some of the biggest players towards bankruptcy. As a result, massive EV graveyards are piling up across the country. In this video, we explore the reasons behind this growing issue and what it means for the future of the Chinese EV market. Will smaller companies survive, or is this the end for many? Watch to find out!

Комментарии • 45

  • @Brendon-v3i
    @Brendon-v3i 7 дней назад +10

    Australia doesn’t have tariffs because we no longer have a car industry. Ever think that nobody wants EV’s and remember the customer is always right. Governments driving consumer demand will always fail.

  • @stephenbates4987
    @stephenbates4987 7 дней назад +7

    They become worthless at some point when the battery replacement costs more than the car is worth, who would then buy one.

  • @JonathanWebb-h5b
    @JonathanWebb-h5b 8 дней назад +16

    Milliband , are you seeing this and taking note ? EVs are not the way forward.

  • @brian395
    @brian395 6 дней назад +2

    Imagine how much money the US put into ev manufacturing

  • @rjkism
    @rjkism 7 дней назад +3

    It’s not competitive because no one wants them

  • @markdorman52
    @markdorman52 8 дней назад +7

    China should be proud, running approximately 3,000 coal fired power plants to keep all those little battery powered cars charged up.

  • @robertcampbell6521
    @robertcampbell6521 8 дней назад +14

    Ev grave yards because nobody wants them

  • @batmanlives6456
    @batmanlives6456 8 дней назад +9

    Best place for EVs
    A junk yard !!!

  • @Michael-kj8pn
    @Michael-kj8pn 8 дней назад +10

    Now some stupid insurers are buying these for their staff because it’s virtual signaling and cool, trouble is their junk and the cost to repair is off the map

  • @markkarbowski6473
    @markkarbowski6473 8 дней назад +9

    EVS will disappoint and rob you of your independence

  • @danharkins5673
    @danharkins5673 7 дней назад +3

    I can’t believe GMC built the new hummer h2 EVs

  • @johnslade3104
    @johnslade3104 8 дней назад +7

    It's old technology from the 1970,s. It didn't work then either

    • @fourfortyroadrunner6701
      @fourfortyroadrunner6701 7 дней назад

      LOLOL Hybrids and electrics have been tried LONG before the 70's.

    • @muaddib7356
      @muaddib7356 7 дней назад +1

      "Battery electric" cars have been around since the very late 1800's/early 1900's. And they failed back then, just are they failing with consumers now.

  • @rumpoh8039
    @rumpoh8039 3 дня назад +1

    TAYCAN BATTERY ABOUT $40,000
    CAR NOT WORTH $40,00 AT THREE YEARS OLD.

  • @Thunderrolls87
    @Thunderrolls87 8 дней назад +8

    EVs will go down in history as largest failure and a faze in automotive history.

  • @muaddib7356
    @muaddib7356 7 дней назад +2

    Cut the price of EV's to the same as ICEV's (I can get a nice 'regular' car for $25k) AND give me a lifetime replacement on the WHOLE battery pack (because I'm not doling out $15,000 to replace the battery in just 10 years)...and then we'll talk.

  • @saulcrucero7657
    @saulcrucero7657 8 дней назад +5

    The Chinese govt. Should give away to the Chinese people for free all EVs, because it couldn't sell it in foreign countries.

    • @amraceway
      @amraceway 7 дней назад

      The rest of the world loves Chinese EVs.

  • @kend1179
    @kend1179 4 дня назад

    This is the very reason why we are so far behind china. We got way too many idiots like this . Instead of learning from competitors and try to be better , all they know is talk sht.

  • @RalphDuff
    @RalphDuff 7 дней назад +1

    Long live petrol / diesel.

  • @Johnsmith-zi9pu
    @Johnsmith-zi9pu 8 дней назад +2

    Once the price gets down to one third of that of an ICE car I will consider one.

    • @batmanlives6456
      @batmanlives6456 8 дней назад

      They could offer me one for free and I’ll still knock it back !!!
      I don’t want to look like a virtue signaller twat

    • @Johnsmith-zi9pu
      @Johnsmith-zi9pu 7 дней назад

      @@batmanlives6456 It's not easy being a virtue signaling twat because you always have to pretend that you care more than everyone else.
      Show them some respect please!

  • @ricardoforest318
    @ricardoforest318 6 дней назад

    Having just bought a brand new ev at half price , Couldn’t care less about a battery replacement ,I’ll just buy a new car in seven years time.

  • @kenleesuser1943
    @kenleesuser1943 7 дней назад

    EVs have a place in the auto market but they are not the best all and end all unfortunately the elected elite do not seem to grasp that basic fact

  • @jarnosaarinen4583
    @jarnosaarinen4583 8 дней назад +5

    Biden, HAHAHAHA!!!

    • @robertpsotka3525
      @robertpsotka3525 8 дней назад

      You mean he used Trump's idea. Biden can't think for himself

  • @alexsonicz8388
    @alexsonicz8388 5 дней назад

    Australian government loves them😮😅

  • @cityman1111
    @cityman1111 7 дней назад

    Simple reason why EV's will fail as currently manufactured. Lithium Ion Batteries.

    • @amraceway
      @amraceway 7 дней назад

      Sudium batteries are taking over.

  • @RonaldBAGGS
    @RonaldBAGGS 7 дней назад +1

    Progress 😂😂😂😂

  • @GenerallyGeneralLee
    @GenerallyGeneralLee 3 дня назад

    The 100% tariff is one more thing Brandon stole from Trump.

  • @esotericadventures
    @esotericadventures 7 дней назад

    Fake news