The Real Reason Chinese EV Makers Are Going BANKRUPT!
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- Опубликовано: 14 июн 2024
- The Real Reason Chinese EV Makers Are Going BANKRUPT! The Chinese Electric Vehicle (EVs) market is facing a major crisis. Many Chinese EV makers are going bankrupt, leaving behind massive debts, unfinished projects, and disgruntled customers. What's causing this EV collapse, and who's to blame? In this video, we'll expose the dark side of China's EV industry and its impact on the global EV market. Brace yourselves for a shocking exposé of the scale and consequences of this EV disaster. Don't miss this revealing and alarming video about the wave of bankruptcies plaguing Chinese EV makers!
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🔴Are Chinese EVs OVERHYPED?🤔
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Selling cars at a loss
Tofu Dreg 🇺🇲
EVs are impractical. They are too expensive, there is minimal supporting infrastructure, recharge time is not practical and they fail in cold weather.
Actually EVs are way cheaper produced. That's why we are getting EV mandates and our car producers don't bat an eye. They will sell them for the same price and make a HUGE profit compared to ICEs.
@@heinzriemann3213 - From what I’ve seen, the Tesla is the only EV to buy.
I’m not so sure legacy manufacturers are capable of producing a competitive EV.
Just saw some clips of Chinese drivers not turning on their heaters in their cars in the winter because it severely reduces their range 😂😂and instead wore blankets and thick jackets, EVs are a joke
They just try to attract more traffic from Tik Tik and other sites by making funny videos.
@@hanfucolorful9656 Funny or not, cutting half of the range just to be warm isnt worth the price. Buy a patrol vehicle
@@vmdenis3350 You can charge your car in 10 minutes and reach 400 km capacity, just need to build more charge stations. EV car will replace patrol car because it does not need engine and transmission, manufacture cost is much lower.
@@hanfucolorful9656 400km in 99% of the vehicles is max, i dont think you can afford a car that has a 2.5k watt charging capability or even if that car exist yet. Dreaming is good, but you need to face reality from time to time and electric vehicles is not the reality or the future
perhaps chinese EV makers should develop a product that dont burn for hours for no previous obvious reasons.who wants to drive around in a half functioning unpredictable arson machine?
What's going to happen to the old ev's once they batteries or they're completely broken and unrepairable . Then how will they get rid of them in a zero carbon friendly way. Answer is it is impossible. The same way as they are not zero carbon. This is just a completely impossible task to be completely zero .
The batteries recycle factory already in place in China.
That's not the answer!
Statistics are the answer, not the factory. Statistics about how many batteries are recycled, how much electricity is used to recycle one battery, where the remaining parts from the recycled battery that cannot be reused (plastic and other rubbish) go, where the contaminated resources (water) needed for battery recycling go, etc.
I hope you know how batteries are recycled and which recycled parts are reused. Recycling does not mean that the process is easy and that everything is recycled.
Like everyone... they realized to late. There will never be enough megawattage to "fuel" EV's...
If these carmakers would just switch from this EV nonsense to a more stable fuel source like propane or something, the fiscal downturn would largely be over for them…
The Chinese Government is always too slow to react to changing conditions.
So much coping here.. I had a good laugh watching. Keep up the good comedy 😂
Update: Olaf Scholz said to Xi in Beijing that in near future, Chinese car can be sold in Germany in large scale, on three conditions:
1) Don’t engage in dumping ---------------- actually the price sold in Europe is way higher than that in China, so there is no dumping
2) Don’t overproduce --------------- most likely he said this to make the white house happy
3) Respect intellectual property rights --------------I guess BYD is worried about Germany copying BYD technology.
China lost millions of small and medium business entities during COVID leaving between more than 300 million people unemployed. This was a result of government mandated shutdowns of entire cities. While China's economy has recovered to some degree, shutdowns around the world have resulted in lower demand for products and this has negatively impacted the recovery.
I'm..."shocked"?
The hype is finally dieing
Very few people want to wait for hours and hours for their turn at broken slow chargers that will not work on cold days.
Fingers CROSSED that this happens!
Why? Why would you want to see businesses fail?
EV manufacturers aren’t forcing you into their products. Even Musk isn’t stopping you from buying an ICE vehicle. It’s governments that are trying to control your transportation choices.
Businesses need to thrive on their competitive edge with high customer demand. Government mandated purchases and monetary support to push an agenda will fail every time. Businesses need to make products that are in demand or there is a definite need for. Fast golf carts are not what the consumer wants and it is showing now. Those businesses that got into this arena should have had enough foresight to see the trend and actually some did but the losers did not so they deserve to go down, running on government tax payer subsidies was not a viable plan.
Nobody in America except people that don’t leave their homes can use those junks our country is too big.
so when do u expect them to collapse?
In 5 years Tesla will be bankrupt and EVs will be nothing but a bad memory. Fanboys, attack !!!
So the company with the largest profit margins per vehicle and highest brand loyalty of 87% beating second place Lexus by 19 points will be bankrupt in 5 years.
I respect your optimism. However I will not be shorting Tesla on your advice.
@@edouglasroche You might short tesla on the basis of the direction of their stock price. Falling from a high of $690 per share to $165 More Inflated dollars means the Market has spoken.
@@edouglasrochethere can only be so many wasted taxpayer money until someone pull the plug on them
When i said someone that specifically Trump
When tax credits go away even Tesla can fail
@@timothykeith1367 everyone on the EV bandwagon fail and it will fail spectacularly
6:32 how you lose 17 milion$ on evry car that is basecly whit out any without value chinese cigaret lighter? car worght max 3k us $ since its gona burn down anyway
Why didn't they build the nuclear plants first? If they did THEN EVs would evolve in that environment
For the same reason the schoolyard bully picks on the smaller kids …
There are 19 nuclear power plants under construction in China (as of March 2022)
EV are worse then a gas guzzler
Don’t know why a gas or diesel car is called a guzzler. It’s probably a throw back name the battery cart makers used to show some derogatory comments, 40 to 50 mpg is hardly guzzling rather sipping would be a more accurate term.
@@TheTruth-dy8ze - Most EV’s can certainly spell better THEN (😂) you …
@@Clyde-2055 Wow did not know that EV’s were able to spell. I thought they were simply a mode of transport. Thanks for the input I’ll add that to my list of reasons to buy ……..Not.
Oh doom and gloom!
500 ev company's in china, what a big scam.
EVs for thee and thou, but not for me and now
Do You remember the faith of deloreans? history repeats itself
FYI, BYD is probably not making money on their EVs anymore. They shared that they have a production profit of ~1,200 dollars per car. Even IF they are being honest about their numbers, big if, those profits are probably for their even more flammable plugin hybrid sales and probably not enough to offset other cost like RND.
Their profits are probably for their battery business and whatever government subsidies they are getting. So Tesla likely again only EV seller making a profit, although i expect that to end once China price war stops.
How can you talk about losses per vehicle without defining the specific margin by which they would be profitable. It could be a misleading figure presented because look at where it comes from.
It’s yellow journalism … The media relies on sensationalism and a good dose of public ignorance to promote an agenda …
drill baby drill
For fuel car heat world.EV fast charging .Liam big Archimedes Wind Turbine fast charging ev car.heater for winter
Just because 🇨🇳 EVs overtook Tesla's EVs in production, cheaper price & quality.... SUDDENLY EVs are NOT a good car to own😅
It’s amusing that this ire is being directed at the EV manufacturers instead of governments that are headed towards mandating the shift to EV’s …
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2:59 - Guangdong Phooey
This platform lies big time, it's unbelievable
Absolute nonsense.
Lolz u bought one didn't u 🤡😂
So sad for you but you bought into the hype. China went full blast into the battery powered carts thinking the world will be on the same track but sorry you were sold a bunch of crap that the west sees as not feasible so no sale.
✨🚲✨ 👶❤️
The Chinese EV cars are like junk and often burn even when they are parked as per the Chinese customers themselves in the evil regime.
Evil regime ? China is looking pretty damned good these days compared to the rest of the world …
Not all, some Chinese EV makers are heavily supported by CCP like BYD. Just like Real state developers, Vanke, for one is also CCP supported.
The CHEAPEST Lucid car pictured in this video retails for a whopping $106,790 after taxes here in Canada. If you've got money to burn then THIS is the car for you. The remaining 94.7% of us just drive ice cars.
I saw a commercial with an EV Jeep in the desert. Charging stations are far and few in between yet some dope will drive his 300 mile range battery polluting EV in the desert and get suck. Jerks
Hahaha😂😂😂you are wrong
Hahaha u bought one didn't u 🤡😂
Exchange. new natrium ion batteries faster charging than fuel gasoline car
Like to see that.