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The tariffs are ridiculous. Japan is also a major global car manufacturer and they do not put tariffs on Chinese electric cars. What they do is improve the quality and optimize the price of their cars to compete with the Chinese ones.
It's interesting the same folks who have been saying consumers don't want EVs and China made cars are junk are now in a panic about them being imported. Gee, if consumers don't want them what are you worried about?
not really surprising. according to Washington and the journalists on congress's 1.6 billion payroll, China is spending its time on Mondays to Wednesdays collapsing, and the rest of the week threatening the entire world as well as our mother Earth. to western mainstream media, it's just the typical schrodinger's China in the mysterious quantum state
@@jaybockstoceif that's the case won't the free market take care of it through ppl seeing it and not buying them? Let's see what happens if the free market really is that good at making decisions😊. Or maybe regulation is required to some degree? Idk u tell me
@@oneman5753 The tariff on Chinese EVs are a kind of regulation, and a good one. People buy what they can afford, and don't always know of the flaws. So, yes, some regulation is good.
How to do business like a billion dollar American corporation- Step 1: Buy politicians and lobby for regulations, tariffs, and subsidies to protect your monopoly and destroy domestic competition. Step 2: After securing the market, Cut costs by; reducing staff, eliminating useful services, features, and functions, and use cheaper materials and ingredients (Bonus if you replace materials and ingredients with toxic and unsafe materials and ingredients). Step 2a: Cut more costs by outsourcing customer service to overseas call centers, and also use horribly unintuitive automated menus that send customers in circles for hours until they get too frustrated and give up trying to resolve their issue. Step 2b: Cut even more costs by cutting employee wages and compensation for your remaining domestic American workers, hire enough H1B's to scare them into passivity, and constantly remind them how easily replaceable they are. Step 3: Increase prices because you now have an unassailable monopoly, and refuse to innovate or do R&D so you can maximize shareholder value and CEO compensation packages. (Bonus if you blame your price gouging on "inflation"). Step 4: Continue to outsource as many remaining American jobs as possible (Bonus: Run your operations on a skeleton crew and call it "lean manufacturing"). Also blame your outsourcing on American workers for being too entitled... err, I mean because "American labor costs are too high". Step 5: To really push up those profit numbers, take out loans and unrepayable amounts of debt so you can artificially pump and dump your stock, then claim bankruptcy and whine for a government bailout. Step 6: Act bewildered and wonder why line no go up when you gut your business operations and destroy the buying power of the American consumer at the expense of shareholder value because you burdened them with the debt from your multi-billion dollar bailout. Step 7: Cry for more tariffs and regulations when Chinese companies (or any competitor) surpasses the value offered by shoddy inferior American products and services. Step 8: Lobby to weaponize the US dollar when other countries refuse to continue to be exploited on behalf of American corporations. Step 9: Watch in stupefied awe as the results of your parasitic business acumen causes American industry to wither and die and the economy implodes. Step 10: Blame China.
I think you captured the operating manual perfectly. Might need to add, pump up Orange Man SuperPAC and allow said idiot to destroy the economy in less than 4 years. But man did they get great short term stock benefits.
I live in Thailand. It's full of American Boomers bleating about China and their terrible products. Meanwhile, BYD (Chinese electric cars) are seen everywhere. And riding in a Chinese electric taxi is a great experience.
Lots of these anachronistic old white supremo which still live in the past ... Not just Thailand but almost everywhere. Their air of superiority is nauseating ..if it ain't their advanced age I would have knocked a few to kiss the ground they so proudly trudge on ...
Multiple EVs available in Australia, and with closer proximity to China than many other places, Chinese EVs are tremendous value. Those like me who have a decent-sized solar panel setup can essentially charge their car at home for no little or no cost, with zero emissions.
Tremendous value assuming it doesn't burn to the ground. Chinese batteries are far less safe. Videos of lithium batteries causing horrible vehicle fires on nearly a daily basis are coming out of the mainland. Hope you fair better than them
@@stanleywang7367 you think?! A fact for you: at the current rate of EV fires in China today, if China ends up converting it's entire 300 Million car fleet over to EV, that equates to 43,200 EV fires PER WEEK..
Japan wasn't stealing American and European IP and copy manufacturing. And it wasn't paying its workers slave labor. These situations are nothing alike.
@@RandomDeforge you serious? Toyota's first car, the Model AA, was designed by reverse engineering and even using blueprints from Chevy and DeSoto sedans
I'm brazilian and I see many BYD Song Plus in my medium size city! BYD Dolphin are very common for uber drivers. Some people doubt the company has the knowledge to make a reliable car, but owners are very happy with their purchase so far...
Perhaps, though who's gonna work on 'em? First expensive repair, especially without any established network of EV service and support, a lot of these cheapo Chinese EV's will likely end up in landfills, just like the hundreds of EV 'graveyards' already polluting the Chinese landscape. 'Saving the planet' indeed! ruclips.net/user/shorts02XJzJ-ivx8?si=lgJbidMaWiXYX60H
@@klowen7778 are there any with good support n service? some uninsured teenager scratched two panels on my Tesla and the quote was $20 000 to fix it. ridiculous. there are heaps of Teslas and BYD here in South Australia but the resale for a tesla is worth less than fixing 2 panels.
The US put 100% tariff on Chinese cars and are trying to ban them because they are better cars than what US manufactures for only 1/4-1/3 the price. Sad we in the US don't have the freedom to buy a cheap EV. Also, some Chinese EVs can charge 300 miles in 10-12 minutes, we are 10 years behind China in tech and mindset unfortunately.
@@BlindedByLogic they seem to catch fire a lot too , and again reports of amazing range and super fast charging, I’d only believe it if I saw it, Chinese car makers have been notorious for exaggerating their figures in years past.
@@mikldude9376 The only ev fires that I have seen so far involve a Mercedes EQS and a BMW i8. Both luxury evs. Chinese evs are the best selling brands here in Asean and they have been around for 2 years now.
@@mikldude9376you’ve not really checked the stats then? LFP batteries developed in China are even less likely to catch fire than LNMC batteries used primarily in Western EVs, which in themselves are statistically at least 6 times less likely to self combust than petrol/gas and diesel cars.
@@TacticalMayoIf the United States hadn't often confiscated the assets of other countries for no reason, I believe the Chinese would be willing to move their EV factories to the United States. But no one dares to bet now, what if hundreds of millions of dollars of investment are confiscated by the US government for no reason. TSMC has been screwed, and the Chinese are not blind.
If the United States hadn't often confiscated the assets of other countries for no reason, I believe the Chinese would be willing to move their EV factories to the United States. But no one dares to bet now, what if hundreds of millions of dollars of investment are confiscated by the US government for no reason. TSMC has been screwed, and the Chinese are not blind.
Until end of 2022, In China, the EV bus except long distance bus is 542.5K, 98.8% or total. 5000 YuTong EV bus sold in 2013 has been operated for 8 years without major issues. In 10 years life time, it can save 20% cost.
Mining lithium is a water guzzling extreme toxic pollution metal for the planets ocean and waters, it is way cheaper to mine toxic lithium than it is to recyle it and it is very difficult to recycle, this is why 99% is not, the pollution it causes to the planets ocean is not sustainable, its like a nuclear chernobl to the planets ocean every year, due to the heavy toxins and pollution in mining lithium, when a lithium car is still in the company assembly line it has already polluted more than a hydrogen fuel cell car that has been on the road for more than 125000 miles, the secret about hydrogen fuel cell cars is that each car actually cleans the air as it runs due to it`s clean watered electrolysis when released onto the atmosphere, hydrogen fuel cell cars have become remarkable cars with the new technology, fuel cell cars are the future not toxic lithium cars! we all have to start the switch!
In Malaysia people are getting so excited with Chinese EVs with their innovative specs and affordable price. Our local brand Proton will be launching it's first EV which is co-developed with Geely China. No one talks nor cares about Merc, BMW, Audi, Hyundai, Kia EVs anymore. The Tesla hype has subsided for now due to it's higher price and ridiculous options price tag. The only 2 European EV brands that still get the local excited are Volvo and Lotus but that also partially due to their parent company Geely..
There's another market where China's EV dominate: light city transport. Everywhere you go in Southeast Asia you see old IC scooters, bikes, and three-wheeled transports (tuktuks, etc.) being replaced by EVs. It's not as sexy as cars, but they're ubiquitous and China is quickly building its brand reputation.
When I drove through western China in 2018, there was not a single IC scooter to be found. Didn't exist anymore. All electric. 100%. IC scooters are probably prohibited?
I do not know if this is what China's government was thinking decades ago, but the move to EVs, and electric transportation in general, was forward-thinking and brilliant. The use of electricity instead of fossil fuels is very logical and reminiscent of the transition from horse-drawn carriages to ICE vehicles. The future of transportation cannot be based on burning wood or coal or oil or gas (as in steam engines and ICE). Look at high-speed trains, for example. Can you imagine these running on steam or internal combustion? Neither can I. Look at lunar and Mars rovers. Same thing. Even airplanes will eventually go electric. Electricity is the future. Nikola Tesla was right. China called it right decades ago. The US called it wrong.
they are the biggest polluters on the planet and having thousands of fields filled with rotting crappy EVs that nobody is buying is not going to help, dont be so naive and actually do some research ffs!
Just a correction - British Rail Class 43 (or interCity 125) is a high speed train running on diesel, still in service. So we don’t need to imagine it. It has been here since the mid-70’s.
@@petterskjolden6884 Interesting. But with a top speed of 239 kph, it pales in comparison to Chinese HSR's 350 kph. Note that diesel-powered high-speed trains never really caught on. I wonder why.
You missed the point, el cars n almost everything should have been electric since the beginning, actually there were very advanced el cars made at that time petrol cars were made, but a few power like Rockeferer, JP Morgan etc made sure to avoid electric cars in order to have control. Now they missed the train with China n it's just the beginning, wait the difference in just 5 years, already charged in 5 minutes n of course the humanoids , the west is doomed hence the wars
I just came back from a trip in the EU in mid July, you could see Chinese brands on the streets of Germany, Austria, and Netherlands. So, the Chinese are already in the West, they are just not in the US. The US reminds me of the late Qing Dynasty of China, who closed up the country and refuses trade with all outside world, and after 100 years, found out they were far behind in every single tech imaginable.
In which city were you? I've seen 1 MG4 in one month. Then in Italy maybe 5 chinese made ones from local brands in 2 weeks. Just 1 MG4 in Greece in 2 weeks. Maybe you focus too much on what you're looking for. On the other hand I've seen a lot more Renault Megane, Teslas, Audi e-trons, VW ID3, ID4, Cupra Born and a few other European brands. But the large majority of new cars I see in the streets remains largely new hybrids and ICE cars... It's still a very very long way for Chinese brands in Europe.
American companies are trading technology all over the world, what imports are allowed to disrupt native industries is only a political decision and does not have much to do with the development of the actual technology.
@@DewtbArenatsiz MG is originally a UK brand, that's probably why. And there aren't any mid-class car manufacturers there anymore like in France or Italy. Volvo is now Chinese owned but the Swedes still buy it.
Fun Facts: 1.China started pilot research on EV technology on March 1986. It was listed as one of the primary national science developments goals in Project 863.(a national science and technology development scheme for the next two decades.) 2. One of those lead scientists who made the proposal in 1986 is Qian Xue Sen who was a cofounder of NASA's Jet Propulsion Laboratory, founding father of Chinese space program, and was deported to China by the US government because of suspicion of been a communist party member and general racist xenophobia. Deportation of Qian Xue Sen is still regarded as THE biggest strategic mistake ever made by US national security apparatus. And it totally blew up in their face. Don't have to trust me, go google it yourself.
The guys family name literally means money. Can you believe the Qian family had the entire ancient Chinese currency named after them😮 until it was changed to Yuan, not sure if is it a reference to Mongolian Chinese families.
@@PhilRable The supply chain is strong enough now and electronic vehicles are widely accepted among Chinese, in the last quarter of 2024 we're going to see 70%+ new car sales in china are either electronic or hybird, the Chinese government did stopped subsidy for quite some time.
Tesla and spacex are both Chinese startup investments to help boost US economy due to trade deficit lol Elon Musk is just the middle man outsourcing Chinese patents.😎
@@PhilRable The direct subside has already stopped as far as I know but policies leaning EVs and PHEVs. There are a few stronger and bigger NEV (EV and PHEV) players are making profits now but the majority of the NEV are not. I guess there will be more NEV makers will go bankrupt in the next few years due to the huge competition. It's a natural process for the auto industry if you look back at Japan (and possibly the US when Ford started the making....). Consumers will definitely benefit from the competition. I guess the EVs are going to be much better and cheaper in the next few years. I have owned my Tesla for two years and already noticed its already outdated in terms of technology and quality compared to the new EVs.
@@wgemini4422 They were put in in 2017, before the mass exodus from China. The next set (due in about 8 years will be 100% US or European made). ...keep dreaming of Chinas FORMER Glory😂😂😂
European and the US car makers don't stand a chance due to efficiency of the supply and production chains that exist in China. How can a German or American car be cheaper if they relay on China tu supply them with electronics, batteries and other parts. EVs are no different than consumer electronics, which is 100% manufactured in China.
@@Naikomi95 BYD subsidiary FinDreams manufactures both the electrodes and the batteries. BASF does sell some materials to BYD, but only non-essential ones (i.e. Ultramid)
I'm Canadian and I'd love to buy a BYD car, our government for years has been telling it's population how important it is we reduce gas vehicles and embrace EVs... China comes out with an affordable EV and what do most Western countries do? Increase the prices on them, making them unaffordable for the average person. I guess protecting our gas vehicle companies wallets is more important than reducing pollution now? 😊
@JohnnyWednesday Are you that naive? Evs don't last near as long as normal vehicles, have far more impact when being built, and most of the power being used to charge these evs comes from fossil fuels. They do nothing to cut down on emissions, and the batteries are not reusable. Use your brain or be a bot
I've sat inside an Avatr 07 and 11, several Nio models, Zeekr, IMLS6, a Robocar in the last few weeks. Tried them all... It takes a few seconds to realize how far ahead these brands are already. We're talking about smart vehicles, not just EVs
@Sunalen-ue9hv tried the HIMA Luxeed R7 and it feels ten years ahead of Porsche Macan/Cayenne. It's like being in a Maserati or the Lambo SUV but at probably 10% of the price. It's crazy!
Mining lithium is a water guzzling extreme toxic pollution metal for the planets ocean and waters, it is way cheaper to mine toxic lithium than it is to recyle it and it is very difficult to recycle, this is why 99% is not, the pollution it causes to the planets ocean is not sustainable, its like a nuclear chernobl to the planets ocean every year, due to the heavy toxins and pollution in mining lithium, when a lithium car is still in the company assembly line it has already polluted more than a hydrogen fuel cell car that has been on the road for more than 125000 miles, the secret about hydrogen fuel cell cars is that each car actually cleans the air as it runs due to it`s clean watered electrolysis when released onto the atmosphere, hydrogen fuel cell cars have become remarkable cars with the new technology, fuel cell cars are the future not toxic lithium cars! we all have to start the switch!
@@JohnBinay man it's hard to pick one, but the best value offer in terms of cost/benefit (in the 200k-300k yuan SUV segment) would probably be IM LS6... That car is delivers unbeatable value for 30k usd. All of them do. But this one has everything
The Chinese also are building renewable energy and nuclear energy aggressively. In the next ten years, Chinese people will enjoy clean EV that have long range and they almost cost nothing for fuel. The effect on living standard increase will be mind boggling.
@@godzillamothra5983 they have also been building coal power plants aggressively on average 2 a week and are only planning to increase the number to at minimum double the rate
If that was true the rest of the world would be doing the same. Would be beneficial for sure. That’s why the Western world is going socialist by going ‘green’ and making every resource expensive, thus reducing standards of living.
@@billboein Nope, the rate at which they are building coal plants not only is much smaller than their build up of renewable energy, it's actually falling; during the first half of this year almost no approvals for new coal power plants were given in China. In fact, given that China is also retiring the older coal plants fairly fast, there's a good chance China will finish this year consuming less coal than it did in 2023 - and if this doesn't happen this year, it's almost guaranteed to happen in the next year. Do be aware that the local prices for solar panels, wind turbines, and grid-scale batteries in China are the lowest in the whole world. Building new renewable energy is, for them, cheaper than building new coal generation. The main reason they were still building coal is because they are growing their energy production so fast - it's already at more than twice what the US generates, and growing fast - that all the supposed "overcapacity" they had couldn't even fully supply the local market, though this seems to have changed this year, with Chinese factories finally capable of making more solar panels than China uses. Incidentally, this also means China should be able to sell even more solar panels overseas than it used to, and possibly at even lower prices too.
fun fact, BYD is actually a cellphone battery maker. but eventually started making cars. also, XiaoMi is another major cellphone maker, and now started making electric cars - the Xiaomi Su7. also fun fact, Apple, the maker of iPhone, also tried to making electric cars. and announced in 2024 that they will shut down the project. kinda tells you where the real innovation and real leaders are. its also shocking to see the Main Stream Media did such a lousy job reporting the China electric car industry.... by the time you hear it on the news, they already slapped 100% tariff, because the US automakers are holding on for dear life and wouldn't dare to compete. all US automakers are now scaling down their electric cars and cutting budget. they r not even trying anymore.
Another related funfact since we're all fun facting! Apple wanted to also get in to the EV or the next big thing market with an Apple Car / Icar or something!!! Took Apple 10 yrs R n D! Gave up! Wasnt feasible for Apple! Xiaomi did it ALL in 3 yrs! From feasibility to concept to production!!!! they supposedly started in 2020 / 21 rolled out this yr! Whats the comparison!? you ask! Apple is a behemoth!!!!! With tons of resourcing and marketing behind it in comparison to Xiaomi which i think are maybe 3rd or 4th in the world of smartphones..... 10yrs for a veteran v 3 yrs for the noob!!! Xiaomi realised, actuated their vision! Apple couldnt and instead went for VR! Which Xiaomi also does lol
@@Jin88866 thats like saying AMD doesnt make CPU's, TSMC does. the fact that China now has "pure play foundries" for auto sector is an amazing development. even Apple failed to pull this off.
You're broadly correct, but USA automakers aren't scaling _down_, though they are scaling back EV investments. GM and Ford will sell way more BEVs in 2024 over 2023, but they won't sell the millions they aspired to. It turns out yet another me-too $45,000+ EV crossover does not sell in the 100,000s a year. So far there is only 1.5 massive success, the Tesla Model Y and Model 3. The tariffs shield Western manufacturers from $25,000 Chinese imports, but they still need to introduce compelling $30,000 BEVs in all categories... and actually _TELL_ car buyers why an EV is much better than all the antiquated gassers in the showroom.
Electric cars became VERY (and I mean VERY) common in Brazil in the last 2 years, and they are all Chinese. European, Japanese and American brands have been selling their offerings here, but they were too expensive and nobody really wanted to trye. Then came the Chinese with cars the were pretty much as good as the traditional brands for freakin' half the price. And Brazil doesn't like importing cars, they want every car to be made here so they can be cheaper. What did China say? They said "Yes", and they're already building their factories here (while the competition are still imports for 2x, 3x, 4x the price).
This sounds like my country Kenya. Motorbikes typically cost 2X, 3X the MSRP(even for used bikes)…for a 3rd world country! What does China do? They set up factories here so their offerings are 60% cheaper than competitors. I hope they introduce their cars too some day
Thank you! It's funny and sad that US companies have sabotaged alternative energy sources since they still make large profits off of fossil fuels. It is totally companies and the government fault for getting their butts kicked. Stop blaming China.
@@MaximGhost Which is just a copium, the end goal is energy security. Extracting fossil fuels and securing the supply chain is just getting more dangerous and dangerous. China is Crude Oil Poor, that is why they are doing this.
Take a look around your house and examine how many of your products were made in China. American manufacturers closed their factories and outsourced their products to China 25 years ago, and here we are. Now it’s only a matter of time before high quality, low priced Chinese cars put the American auto industry out of business. America simply cannot compete with China on price, it’s not possible.
I now live in China, I feel like a kid in a Candy store. The EVs are amazing with amazing cars at an incredible price. US$15k for a car which blows Porsche out of the water and makes them look like Lada in Specs. They can make a car every 74secs give or take a few seconds. But we are also missing the point that the air here is so clean and healthy now. Healthy living is important and should be a global initiative.
I returned to China in August after being gone 7 years. What a transformation. In Guangzhou, about 70% of the cars are EVs. I was floored by how quiet the streets were and with the air so clean. Every taxi ride was in an EV as I traveled across the country. Really nice quality cars. And China EVs are on the rise in Thailand where I live. Cars sold here are final assembled in Thailand. The U.S. should consider doing the same.
China's still the leader in greenhouse gas emissions with the US at second. They're building more coal fired plants. I'm sure it's great that it's not coming from cars anymore and the air is cleaner, but it's still coming from somewhere else.
I was there in 2017 and some cities were banning ice cars in the downtown areas. The quietness was so crazy nice. People don't realize how much noise cars make.
America: Why the HELL should Americans buy YOUR cars? How dose that benefit THEIR economy? TARIFFS insure that china can't blow up the American economy. SO WHAT?? If you don't like tha Americans attitudes and such, DON'T DO BUSINESS WITH THEM! I don't.
The biggest issue is that tarrifs only punish the consumer. If you charge a manufacturer more, they aren't just going to eat the cost, they'll just charge more for end-purchase and "pass the savings onto you!" If you increase the cost of import, that is calculated into the SG&A. The overall profit margin calculates after all net dealer costs. I'm in the automotive engineering industry and have watched this happen over and over. Not only do tarrifs increase inflation, they are a direct tax on the consumer, NOT the foreign government or companies.
Yes we know this. Which is why it's to make it harder for people to decide to want to buy the product. I'm sure you could ban any Chinese EV from coming over here, but that takes Congress to pass laws and they don't exactly move fast.
@@thomaszhang3101 A lot of people in the US don't like government to spend money and they would probably look at it as picking winners or losers and a bailout. Plus you have the free market types that would be against it as well, like they are with the tariffs on Chinese EVs, making it more of a decision that the consumer has to make. Same reason, I'm guessing, why there are tax incentives for EVs and getting your home updated with more energy efficient products. It's kind of a round about way of doing the same thing.
The goal is not to tax the the foreign companies, it's to make their products unattractive due to artificially inflated cost so that you don't buy them, and instead buy locally or from someone else. The problem is it allows local companies to get away with making inferior products and charge more for them than they should. To be fair asking publicly traded companies to compete with government run/owned/subsidised companies like China's is tough. There are more sides to the story than just one. Subsidies in the US are largely rorts to profit the rich. Subsidies in China are aimed at taking economic control of as much as possible, in order to replace the US and make it irrelevant. Once they've achieved that THEN the rorts to profit their rich will really begin. (They're there now but you can get disappeared if you piss off the wrong people).
The auto battery swap tech in the NiO's is really cool and they've build over 800 of them so this might actually become a real thing in China. Would certainly tackle many of the problems with EV's including battery degradation and the difficulty of recycling. That will be much easier with a system like that.
@@BlindedByLogic fast charging is one of the major factors that cause battery degredation, meaning that the battery would eventually need replaced. It's cheaper to buy a new car with battery included. This is what the NIO model overcomes.
@@BlindedByLogic Nio's 4rth gen swaps only take 2 minutes 30 seconds. Plus, let's say you decided to buy a car with a smaller battery, limiting your range. You can have a small range battery in your NIO for daily driving needs then swap it for a larger battery to give you extended range on long trips when you need that capability.
If you watch "What Ever Happened To Nio?" by Wall Street Millennial you will see that battery swaps are actually causing NiO to be unprofitable, as they decided that all NiO customers would have infinite battery swaps.
Meanwhile Lucid Motors loses >$200k every time they sell one of their cars. The CEO gets paid >$370M each year, so I guess we are all very happy and blessed.
The "blind spot" reference is accurate. Legacy auto deliberately ignored the low-profit-per-vehicle bottom end of the market, focussing on the upper end for EVs and leaning back on their income from selling masses ICE cars at the bottom end. They left the door wide open. Initially the Chinese products were mediocre, but now they're top-rate. I own an MG4, but hired a Citroen C3 during a recent overseas trip. On return I was relieved to get back to the MG4. It is not only far cheaper to run, bur in simple terms it's just a much better car.
you kidding me. volvo and polestar which is owned by a chinese corporation, nearly went bankrupt, and had to delay releases, or had practically fatal bugs in the software.... reliable my .....
@@PJRye legacy autos in the west had only 3 innovations this century. 1. Use the cars computer to adopts adobes business model. 2. Adopt predatory loan structures for buying the cars. 3. Turning their cars into ultra spyware machines to sell more data on you than google.
@@auggysimcityI work for Volvo Gothenburg, Geely own major share of Volvo, but we develop our own platform and software interface. The EX30 which is using Geely platform has been a big success in Europe.
@@auggysimcityI work for Volvo Gothenburg, Geely own major share of Volvo, but we develop our own platform and software interface. The EX30 which is using Geely platform has been a big success in Europe.
Already 50% of new cars sold in China are EV's so anybody who thinks that 100% of new cars sold in China will not be EV's in a few years, is extremely naive.
It looks like a spaceship but it's just a car. More importantly what's the safety like? Don't tell me it has an undercarriage full of lithium cells. If so it's only a bump or a rock away from denting a cell. Which could set on fire immediately or several years later. Easily able to destroy a building. Peace of mind is gone once you understand the technology and the design flaws inherently built into these gadgets.
@@abcJ-q4v "byd battery don't burn" - Oh man are you sleeping on this one big time. Let us awaken you. Warning: the following facts may hurt your E-Motions. As recently as May 16 2024 The BYD dealership in Fozhou burned to the ground. On Oct 21 2021 A fire broke out in BYD 4S store in Hainan on Oct 21, 2021. In May 2022, a fire broke out in the after-sales workshop of a BYD 4S store in Hengshui, Hebei Province. On July 9, 2022, a fire broke out in a BYD 4S store in Xingning District, Nanning City, Guangxi. On November 18, 2022, a fire broke out in BYD’s Phase 3 F6 factory building in Daya Bay West District. On December 8, 2022, a BYD 4S store caught fire near Gongye Road in Erqi District, Zhengzhou City, Henan Province. On June 1, 2023, a fire broke out in the material area of Workshop No. 1 at BYD’s Pangguan production base. In May 2023, a fire broke out in a BYD 4S store in Jiangmen, Guangdong. In December 2023, a fire broke out in a BYD 4S store in Tiexi District, Shenyang, Liaoning. On December 18, 2023, a fire broke out in the BYD 4S store in Xinmaoyuan, Chengdu, Sichuan. On December 30, 2023, a fire broke out in the exhibition hall of a BYD 4S store in Changhua, Binzhou, Shandong. INSANE
There are drone shows in Shenzhen nearly every weekend now, and many electric planes are being tested on the Zhuhai-Shenzhen route. Flight tickets cost 120-300 RMB.
If you visit Shenzhen someday, I highly recommend exploring the city at night. The brightly lit, bustling streets, drone swarms show, self-driving taxis and cyberpunk-style buildings are very different from Europe.
I drove a Tesla for 5 years and switched to Xiaomi. Most likely I will try other Chinese vehicles in years to come. Most westerners have no idea how advanced our EV industry has become.
@@NLJeffEUNobody is stopping western governments from doing the same. They just don't want to do it. They would rather spend that money on fueling endless wars around the world.
@@NLJeffEU It's not that simple. central government make policy promote use and manufacture ev related parts and materials. Then, local governments make investment into local enterprise to make money together. There numberous competition between lots of local government.
BYD and GWM are making huge waves in our market. They revolutionized the EV and HEV local markets and forced legacy automakers' prices down, especially their EV and HEV models. A Peugeot e2008, for example, got a 40% price cut just to try to compete against the Chinese offerings. And even so, it sells very poorly. We expect Chinese newcomers such as Neta, Jaecoo, Omoda and even MG to arrive soon. It's hard to say if that's sustainable in the long run, but it'll be fun to watch, nevertheless.
It will likely be sustainable for the Chinese brands. Not so much for the brands that currently dominate the market, though; the faster-than-expected growth of Chinese EVs (I believe they already captured over 6% of the new car market) have already caused overproduction issues in the ICE assembly lines of traditional automakers. And that's before the brand new BYD and GWM factories start producing cars, which is expected to happen at the end of the year. One thing to note: the auto-parts business is a high volume, low margin one; any disruption - such as losing a chunk of the market to EVs - can send costs higher. This means that just as batteries are getting cheaper and EVs reach economies of scale, and thus get even cheaper to make, ICE cars are likely to see their production costs rise. If that does indeed happen, the transition to EVs should move ahead quite faster than most people are expecting.
Is thier quality good ?? I bought a VW ID4 from china here in Egypt , and it is wonderful and amazing , what about Australia and New Zealand.. curious to know.
Is there a problem with that? The big manufacturers abandoned production here and don't even offer their EV models to the Australian market. The more options we have the less of a monopoly we will have on pricing. The price on cars has steadily risen since local production ended.
I think EU and China have reached a deal yesterday to make the price of Chinese cars similar to EU made vehicles. Looks like no additional tax for Chinese EVs .
@@ChellyB71I see this claim in this section all the time, yet find zero data showing that they burn any more foten than a Tesla or similar. Hell in the past 4 weeks more Toyotas burned in the US alone than BYDs in all of europe and australia. then there is the fact that cars in and for china are being build to completely different standards. A VW ID 3 made for the chinese market does not fulfil german quality standards and can not be imported to germany for that reason. Its similar for most other countries, hence why almost every report I could find was from china itself, yet not NZ or Austria, where the BYD brand is the most popular EV brand.
Truth is, the EV industry just started. The tech for batteries are improving exponentially because of the fierce conpetition domestically and internationally...who knows what we will get in 10 years....the tech now is already mindblowing!!
The scary part is that BYD has better hybrid technologies than the rest of the world. The BYD gasoline engine is just 1.5 litres. It runs at 5000 rpm all the time and produces very little torque so cannot be used low speed torque. The secret is the 30kwh electric battery that is primarily charged by the gasoline engine. The battery can then power electric motors with huge amounts of toque at low speeds, enough for a big ass truck like the byd shark. The same set up with the gasoline motor running at 5000 rpm runs at 42% thermal efficiency (versus the 26% efficiency of standard US and Japanese ICE engines allows the byd song dm-I sedan to be able to drive 2000 km on a 65 liter tank of gasoline and a 100 km charge. Range anxiety go home I can drive from New York to Miami (assuming is stay under 100 km an hour)
Have you not ever heard of the Chevy volt? That technology you’re talking about was used back then by GM that’s piece of evidence showing how much they use stolen intellectual property. From the west among other countries.
Chinese hybrids are making a bloodbath in the global car industry especially on the traditional ICE car makers like Toyota, Honda & VW. More and more buyers are turning to Chinese hybrids because of the substantial fuel cost savings. Lots of people around me wanted to buy Chinese hybrids for their next car.
As much as I look up serpentza's channel and like some if his content. His whole channel is dedicated to hating everything chinese and the context in his videos really doesn't go that deep on the subject in question. If he made any other content I would feel different but there is a lot of bias to be had if you're monetarily incentivized to paint a picture.
IT's that way because the industry is getting a lot of money from it's government. The US caved in too much to it's fossil fuel lobbyist and some politicians are still running on climate change isn't real and EVs are bad. It's held back any growth in the sector until Tesla came out and even then was still fought against.
I bought an American vehicle made by Dodge. It lasted 2 years with so many problems. I bought three Japanese vehicles made by Honda and Mazda. They lasted ~3 years each and had a lot of problems. I finally bought an Indian made Juagar, and it lasted 1 1/2 years with a lot problems. I finally bought a Chinese EV made by BYD, and I am so happy with it.
Hi Simon , Did You know, that BYD has started to build their factory about six months ago in the southern part of Hungary ? I do live in that city called Szeged and the pace of the construction is impressive.
In the 2000s I was one of the people that doubted that China could manufacture anything worthwhile or in anyway authentic. Then I got one of the first run Squier CV Telecasters around 2010 that were made in China for a third the cost of a Fender of similar specs. Now I know , because of the implicit greed of Capitalism, they are going to own the next century.
Great report Simon...but I'm not sure about the MG4 charging in 200kms in 5 mins. I think you were sold a furphy there. Other Chinese cars are starting to approach the speeds you suggest... but it certainly isn't the production MG4 (which is at the cheaper end of the EV market). It's maximum charging speed is 150kw
Honestly, as much as I'm in a country with territorial disputes with China. I have to put credits where credits are due. They have an incredible automotive manufacturing capability. And just to add, yes, China may have not "mastered" the internal combustion engine vehicles, but a lot of countries actually use their commercial vehicles such as trucks and buses of various sizes. Right now, we have more Chinese-made trucks and buses on the road compared to the usual North American, European, Japanese, or South Korean brands and are proving to be more cost effective than those stated prior. They've also proven to be reliable and long-lasting, as much as the stigma for Chinese vehicles falling apart are present. ICE passenger cars also has recently become more numerous. I think what is ignored is that some Chinese cars has powertrains which are based on their counterparts from the US, Europe, Japan, and South Korea. For example, Geely has a passenger car which is based on a Mitsubishi engine making maintenance just a bit easier. Performance is also good and they do bring quite a good bang for the buck. As I can see, if countries want to counter this, they need to level up on innovation and provide incentives for their local brands to compete with said technology. Tariffs just ignore the fact China is developing their technology while the country imposing said tariff becomes stagnant. This goes for the US, Europe, and the country where I am in.
Those idiots blaming Chinese EV for its subsidies from gov, but they didn't know that Chinese gov subsides both the foreign brands and Chinese brands manufacturing in China equally, and the fund has been cut since years ago until complete stop.
I’ve been talking about why us auto makers aren’t putting out shit for EVs, the market is there. Its the late stage capitalism, consumers stop buying because things are to expensive, so what do they do, raise prices to make up for it so the shareholders keep getting an increase in their payouts. Chinas EV market supplies something the US is lacking in many fields, non monopolies competition
It wasn't until this last year that I noticed anyone selling plug in hybrids. Anyone looking for something affordable in this category has maybe 3 cars to choose from? And there still aren't PHEV cargo vans available yet. With rent becoming unaffordable in places it's mind boggling how nobody makes small affordable PHEV (or other) class b camper vehicles. It's like all of the car manufacturer's are looking at this from the perspective of what is easiest to build and not what consumers want. In the economic reality of 2024 most people can only afford to own one vehicle and with the limited range of all electric it isn't a viable option.
Big carmakers in Germany are now trying to push for more combustion engine cars because they know they can’t compete with Chinese EVs. It’s truly embarrassing for a country so intertwined with the car industry.
BYD cars are a major hit here in Brazil, they "redesigned" the whole EV market in the country, forcing "traditional" manufacturers to lower their prices. They are omnipresent in our streets. However, there are some after-sale issues, such as lack of replacement parts (specially body parts which can get damaged in collisions). They have been manufacturing buses in the state of Sao Paulo for a while, and almost 100% of electric buses circulating in Brazilian major cities are BYD. They recently acquired the late Ford plant in the state of Bahia in order to make their passenger cars in here as well. Other chinese brands which sell EVs in Brazil include JAC Motors(EV only), GWM (EVs and hybrids, both plug-in and full hybrids, their hybrids are a major hit) and NETA (arriving soon). There´s also Caoa Chery which is a joint venture between chinese Chery and local group Caoa, but they don´t sell pure EVs anymore (they did sell the iCar but they stopped selling it) , only internal combustion models and hybrids (mild and plug-in)
@@firewoodlake we have electricity, you know... Usually owners have their own chargers at home. Those who don't have them have public chargers, usually in shopping malls/supermarkets but they are always crowder. In general, pure EVs in Brazil are either the second family car or used as app transportation workhorses for apps like Uber and 99 as it is still not practical to travel far with them (which is a problem in a continent-sized country) due to the lack of DC chargers on the roadside, specially away from larger city centers like Sao Paulo and Rio. But there are some routes in which travelling with an EV is quite doable. The roads in the southeastern and southern states are the most adequate for EV travel. IMHO, for the time being, if you don't want to rely solely on public infrastructure around here, plug-in hybrids are the way to go. But roadside charging infrastructure is growing.
I just came back from China and I have seen that they certainly know how to draw a good looking vehicle. Now, their markeyt is nowhere similar to the UK-Europe one or the American one. Their market is driven by flashy very flashy luxury and powerful vehicles but not by excellence and affordable performance like we like in Europe. They are driven by very rich people buying more cars in China then us with a modest and shriking middle-class. The needs and wishes are totally at opposites. They can afford to buy a very large, powerful and expensive BEV and scrap it after four years. We cannot do that. We want a car with resale value.
If you've been following Electric Viking, you know that legacy automakers (Japanese, Korean, European and American other than Tesla) are seeing their Chinese sales crater, in large part because they are so far behind Chinese OEMs in EV development. Bear in mind that they've depended on the Chinese markets for years to give them billions in easy profits, and as that market dries up, their balance sheets are just dire. Tariffs to keep out Chinese EVs will only work for a while; eventually legacy OEMs will strangle and die if they can't compete on the global market. BTW, anybody suggesting the tariffs are somehow meant to protect US consumers from substandard Chinese product doesn't know what they are talking about. Chinese EVs are already years ahead of EVs from legacy carmakers, and if they sell in the US, they'll need to pass US regulations. No, the tariffs are meant to prop up ICE carmakers in the face of withering competition. It's probably too late for the majors to save themselves. They dragged their feet and now they are too far behind to catch up, especially with their debt loads and years of unprofitable learning curve to look forward to. That's on top of their glacial development pace. Tariffs will just drag out the pain.
I'm from South America, so when I think about EVs the first cars that come to mind are the BYD Dolphin and Seagull, as those are the ones I see the most (and by a very large margin). In fact, when BYD released the Dolphin here much cheaper than any EV previously on the market, most non-Chinese brands dropped the price of their EVs by 40% or more in order to remain somewhat competitive, and even then Chinese brands quickly took about 90% of the EV market (and grew it from less than half percent to over 7% of the overall car market in a couple years to boot).
Simon Whistler is underselling just how badly Western EV technology is falling behind China. Chinese EVs charge 2x faster than the best that America has to offer. Tesla was 5 years ahead of the competition 7 years ago. Times have changed, Tesla has not.
That's charging infrastructure not tech. As in the Cybertruck and Cybertaxi, Tesla already has the same high speed charging and inductive wireless as well.
@@jwagner4050 Model 3 Highland charges 10-80% in 30 mins on the 82kWh pack. The latest Hyundais can do it in practically half the time on their 84kWh pack.
Been living in China for over 15 years, I have to say even for combustion vehicles, brands in China like BYD, Chery sill outperform most European and Japanese cars. It's amazing that they can make top notch non-ev cars with very competitive price as well. Somehow to my surprise this narrative is mostly ignored by western media.
calling out the hauling capacity of a pickup truck is only relevant to the small fraction of pickup truck drivers who actually use their vehicles for work 😅
Fun Facts: 1.China started pilot research on EV technology on March 1986. It was listed as one of the primary national science developments goals in Project 863.(a national science and technology development action plans for the next two decades.) 2. One of those lead scientists who made the proposal in 1986 is Qian Xue Sen who was a cofounder of NASA's Jet Propulsion Laboratory, founding father of Chinese space program, and was deported to China by the US government because of suspicion of been a communist party member and general racist xenophobia. Deportation of Qian Xue Sen is still regarded as the biggest strategic mistake ever made by US national security apparatus. Don't have to trust me, go google it yourself.
@@watcherit1311you do realise that China actually product their own battery and are the leading in battery technology right ?, they control the battery and solar market .
@@watcherit1311technology transfer is part of business deal, both sides are FREE to disagree. the fact that the deal happened, means they agree. what's the problem?!
Technically true, but Tesla was a company of 3 people when Elon Musk and J.B. Straubel joined the company in Feb. 2004. At that point, Tesla had no financing and no viable business plan. It was Musk's financial resources and Staubel's technical expertise which turned Tesla into a viable company. Without Musk paying the bills, Tesla never would have been able to hire the engineering team that convinced Lotus in 2005 that Tesla was a real company, and without the agreement with Lotus to make gliders for the Roadster, Tesla never would have raised the capital it needed. I detest Musk as a person, but he literally did the impossible by getting the Roadster to production.
like someone said its like a frickin spaceship, the amount of feature grows exponentialy compared to a gas car. the new baidu car has a screen so wide you can watch and play ps4 games on it, everything can be done using voice recognition. all windows doors are automatic, the cabin feels just like a concept car
@@stanwbaker I work for the US arm of a foreign company that builds factory equipment for auto companies. They've had two rounds of layoffs and let go of US engineers and US machinists in favor of sending work to the Chinese arm of the company where the out-of-pocket cost to them after subsidies is less than fast-food workers earn locally, while keeping on all the US-based senior management because they've deemed themselves essential for managing the outsourcing contracts. The present rich will be fine.
Im pretty sure that the Americans don't have to worry that the Chinese will use the electric cars to map out the American infrastructure... American infrastructure is outdated , in bad condition and nightmare 😂😂.... It was build in the '60's and never maintained or upgraded 😂😂.
@@baronlacroix2980 also the reason why I said what I said about you is because I’ve done a lot of studies on media manipulation and understand how f*cked up everyone’s viewpoints have become due to this. I may have a been harsh and direct with my words but I’ve just become so disappointed with people who repeat media rhetoric.
Is this what my dad feels during the rise of Japanese econoboxes? All I'm feeling now is that they're just soulless rc cars, but idk maybe the industry would mature to the point of producing legends of their own just like the Japanese did in the 80s-90s
While I agree with you that early EVs are pretty much soulless compared to a good ICE sports car. Take a look at the Lucid Air Sapphire. That thing gets the heart pumping for sure, though granted the price tag of a home is very steep, but these sports EV will only get cheaper and better as time goes on.
We have been watching the birth of the Asian Century. Now, it's China's turn. The infrastructure the country has built in less than twenty years ranks as the world's eighth wonder. This may be stage one of what China is capable of; the Belt and Road project will dwarf what has already been achieved. Their membership of the BRICS nations is a significant factor in their new business empire. Thanks for the excellent video.
Visited China about 5 months ago and it's incredible to see over half the passenger cars are electric with their green license plates. The force of that country to make a decision and make it happen is mind blowing to an American. To China, that is normal. Political will to make it happen
Anyone comparing cars on youtube has to boast how fast it will accelerate and speed along while at home we have 20 mph speed limits generally, 50 mph on motorways and roads full.
exactly. I grew up in Germany, where top speeds really do matter as drivers there can apply high speeds on autobahn. Here in North America, as long as it can go 90mph thats really all it needs. The rest is just a waste.
We were so owned by big petroleum that we were to late to the EV game and now paying the price to keep the shareholders happy . I want an EV , but I don’t want to pay luxury car prices to get one .
*SEVERAL OF MY NEIGHBOURS HAVE CHINESE CARS* both EV and petrol - I 100% know why they are putting tariffs on them - they are AMAZING One has a Dongfenc Evo T5 - its €28k and is similar quality to a €65 Audi or BMW. Look it up - looks lie a mini Lambo SUV. I have not driven it but the interior and the paint job are astonishingly high quality
Sure, just like some random Chinese Iufghon smartphone beats Samsung by price and looks just as good (like any other glass brick). Who cares about the actual speed, usability or reliability...
@@watcherit1311 4 cyl 1.5L 200Bhp 7sp Automatic gearbox, 42Mpg, 122 Mph top speed, 0-60 in 8.5 seconds Sorry dude - they just build better cars than the West but a shockingly LONG way. Im sorry you have cognitive dissonance with the decline of the West - I assume you are Am3ric4n...??? Its over dude - the future is owned by China.
The biggest problem with Chinese cars in Europe was not covered, which is the lack of supply chains for parts. Chinese cars have higher insurance premiums because of the cost of parts, once they get on parity with the dealerships and service centers, then its just the charging stations in each country that affects all EV sales, that will affect their sales. We can start to see this aspect changing but slowly.
Owning a Model Y built in Shanghai. One has to mention that the quoted range in the Chinese CLTC standard can be 30-40% more generous than EPA, and 20-30% higher than WLTP.
I hope Canada can start importing some of these incredible electric vehicles. Currently, Japanese cars in the market are not only boring but also overpriced.
Here in Australia, we have no local car manufacturing to protect, every car is imported. I’ve only now just started to consider that my next vehicle may be Chinese, seeing the quality and value increase to a point where I’m no longer constrained by previous brand loyalty. My current vehicle is Korean made, and they for a long time held that mantle of cheap import, but even they can no longer compete. Yes, the Chinese vehicles are heavily subsidised by the Chinese government, I can only hope that this spurs the competition to actually compete, but I know in the end that many uncompetitive car manufacturers will simply wither and die.
American automakers could have started selling EV's in the 1980's and dominated the globe by 2000, but the made a mild attempt to build GM's EV1 in 1996, then cancel it when consumer demand went parabolic and the EV1 was set to take over all of GM.
The US has a vested interest to increase the demand for fossil fuels, as the richest moguls profit nicely from it. EV’s in the US were purposely prevented due to this conflict of interest, and still are to a degree.
@@Cloud30000 The reason EV didn't take off was because of practical reasons for the consumer. Filling up a gas car took minutes and gas station infrastructure was widespread. EV's didn't get fast charging until Tesla started putting them out across the nation. So plugging in at home was your only option. I don't even recall a 240 volt or level 2 option back before the turn of the millennium. And then there was winter for most of the northern states of the USA. Extreme cold kills the battery, a problem many EV owners are having to learn. It may not be a problem for those with a garage, but everyone who parks their car on the street will come out to a dead battery by morning.
@@whatthef911 NiMH batteries didn't become popular until the 1990's. Before this, NiCD batteries was the norm and still were throughout the 90's and after the turn of the millennium. Battery tech just wasn't there and it was still expensive to produce and complex to build in mass scale. It is the reason why solid state batteries or graphene batteries aren't a thing despite talking about how they are almost here or just over the horizon for years, which may well be over a decade by now. There was no fast charging back then either. So consumers would have to charge their EV over night with a charger that would be considered slow by today's standards at home. Range was a problem and so was freezing temperatures for the battery. EV's just weren't practical back then. Hybrid was a more realistic goal. So domination with EV by the 2000 is a fantasy much like how people thought everyone would be riding in flying cars which obviously never happened.
The problem is to this day , EVs are a one trick pony, they can be decent commuters , but as soon as they are taken out of ideal conditions they suck , and regardless of improvements that has not changed.
@@mikldude9376 Disagree, gas cars are a 1 trick pony. They fuel up really fast, that's it, and you can't even do it at home. They are worse at everything else. They literally have to have the engine spinning even if you aren't moving the car, and hundreds of extra parts are needed to solve this problem. Noise, fumes, maintenance, etc. If EV chargers were as fast, cheap, and ubiquitous as gas pumps, the only practicality complaints would be nitpicks.
China is a net oil importer America is a net oil exporter some people in America. Just don’t think we need electric cars as much as the Chinese know that they do need them For work, I have to have a vehicle that has all wheel drive and can make a 500 mile trip in 10 hours or less in rural areas, they currently do not have fast chargers. With solid-state batteries, I imagine I’ll be able to switch to an electric truck in about 15 years if more places, install chargers
Holy crap Simon being objective about China and not just dogging the entire country to make a comparison about how cool America is? What a nice change!
in costa rica right now almost 1 in 4 cars that are being buyed are electric and i can tell you anecdotally that 90 percent or more are BYD .. the next big company in the world ... look i dont like the ccp of china but credit where credit is due and we just have to take advantage of the prices right now ,i mean come on ......
i forgot to say they just start in this market around 2022 and right now you can see them everywhere, i will buy one and one solar panel ... what is this sh1t of buying oil .... not for the planet just for my pocket god dam nnnnnnnn
Actually, if the IEA is correct in its predictions, oil will never get rare; instead, it will instead become mostly useless, as using it for fuel or electricity generation will be more expensive than renewable alternatives, to the point extracting it from the ground won't be worth the cost, leaving the big oil companies with trillions of dollars in stranded assets. And yeah, that's trillions with a "T".
@@JohnnyWednesday Actually, both armed conflicts and the global expenditure on military per GDP has sharply fallen since the 60s. Pax Americana. Wars don't stop if the US stops intervening - they dramatically increase. The norm in history was for every man of every generation to spend time in war. We live in a stable, harmonious time by historical standards, thanks to America.
Other EVs might focus on power, but the bZ4X offers a thoughtful balance with its available X-MODE AWD, giving drivers superior traction and control in challenging weather or off-road conditions.
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
Don't get caught up in biased reporting or one-sided stories. Go to ground.news/MegaProjects to get 40% off unlimited access with the Vantage Plan and see every angle for yourself.
Please talk about the high speed train in Indonesia 🇮🇩
The tariffs are ridiculous. Japan is also a major global car manufacturer and they do not put tariffs on Chinese electric cars. What they do is improve the quality and optimize the price of their cars to compete with the Chinese ones.
@@Sebastian-sl8tu - The Americans did the same thing to the Japanese when their car industry boomed. They don't play fair.
You are a shell of your former self, much like your follicle density.
Please equalize your sound.
It's interesting the same folks who have been saying consumers don't want EVs and China made cars are junk are now in a panic about them being imported. Gee, if consumers don't want them what are you worried about?
The entire domestic auto industry tanking and thousands of lost jobs.
not really surprising.
according to Washington and the journalists on congress's 1.6 billion payroll, China is spending its time on Mondays to Wednesdays collapsing, and the rest of the week threatening the entire world as well as our mother Earth.
to western mainstream media, it's just the typical schrodinger's China in the mysterious quantum state
@@frankcoffey a almost free car will sell no matter how much people don't want them. especially in this economy...
@@jaybockstoceif that's the case won't the free market take care of it through ppl seeing it and not buying them? Let's see what happens if the free market really is that good at making decisions😊. Or maybe regulation is required to some degree? Idk u tell me
@@oneman5753 The tariff on Chinese EVs are a kind of regulation, and a good one. People buy what they can afford, and don't always know of the flaws. So, yes, some regulation is good.
How to do business like a billion dollar American corporation-
Step 1: Buy politicians and lobby for regulations, tariffs, and subsidies to protect your monopoly and destroy domestic competition.
Step 2: After securing the market, Cut costs by; reducing staff, eliminating useful services, features, and functions, and use cheaper materials and ingredients (Bonus if you replace materials and ingredients with toxic and unsafe materials and ingredients).
Step 2a: Cut more costs by outsourcing customer service to overseas call centers, and also use horribly unintuitive automated menus that send customers in circles for hours until they get too frustrated and give up trying to resolve their issue.
Step 2b: Cut even more costs by cutting employee wages and compensation for your remaining domestic American workers, hire enough H1B's to scare them into passivity, and constantly remind them how easily replaceable they are.
Step 3: Increase prices because you now have an unassailable monopoly, and refuse to innovate or do R&D so you can maximize shareholder value and CEO compensation packages. (Bonus if you blame your price gouging on "inflation").
Step 4: Continue to outsource as many remaining American jobs as possible (Bonus: Run your operations on a skeleton crew and call it "lean manufacturing"). Also blame your outsourcing on American workers for being too entitled... err, I mean because "American labor costs are too high".
Step 5: To really push up those profit numbers, take out loans and unrepayable amounts of debt so you can artificially pump and dump your stock, then claim bankruptcy and whine for a government bailout.
Step 6: Act bewildered and wonder why line no go up when you gut your business operations and destroy the buying power of the American consumer at the expense of shareholder value because you burdened them with the debt from your multi-billion dollar bailout.
Step 7: Cry for more tariffs and regulations when Chinese companies (or any competitor) surpasses the value offered by shoddy inferior American products and services.
Step 8: Lobby to weaponize the US dollar when other countries refuse to continue to be exploited on behalf of American corporations.
Step 9: Watch in stupefied awe as the results of your parasitic business acumen causes American industry to wither and die and the economy implodes.
Step 10: Blame China.
Someone got ahold of the Source Code.
I wish I could give you a thousand likes
I think you captured the operating manual perfectly. Might need to add, pump up Orange Man SuperPAC and allow said idiot to destroy the economy in less than 4 years. But man did they get great short term stock benefits.
if all those 10 steps fail. ask for Gov rescue at people cost.
99 missed calls from fbi, potus, cia, nsa and Edward Snowden
I live in Thailand.
It's full of American Boomers bleating about China and their terrible products.
Meanwhile, BYD (Chinese electric cars) are seen everywhere.
And riding in a Chinese electric taxi is a great experience.
Lots of these anachronistic old white supremo which still live in the past ... Not just Thailand but almost everywhere. Their air of superiority is nauseating ..if it ain't their advanced age I would have knocked a few to kiss the ground they so proudly trudge on ...
Did you tell them everyone else in the world thinks American cars are shite?
The problem lies with the completely stoned millennials whining about not getting their inheritance soon enough.
Of course they are bleating. They are becoming irrelevant
Multiple EVs available in Australia, and with closer proximity to China than many other places, Chinese EVs are tremendous value. Those like me who have a decent-sized solar panel setup can essentially charge their car at home for no little or no cost, with zero emissions.
Tremendous value assuming it doesn't burn to the ground. Chinese batteries are far less safe. Videos of lithium batteries causing horrible vehicle fires on nearly a daily basis are coming out of the mainland. Hope you fair better than them
@@adamconner9302 you buy an EV with a LFP battery, problem solved, I recommend BYD.
@@adamconner9302 chinese evs sold in the eu pass the same certifications that western manufacturers do. you're a troll bot lmao
@@stanleywang7367 you think?! A fact for you: at the current rate of EV fires in China today, if China ends up converting it's entire 300 Million car fleet over to EV, that equates to 43,200 EV fires PER WEEK..
@@adamconner9302 most dangerous EV's are Teslas when it comes to batteries
It's the 1970s and 80s Japanese cars vs the world, all over again. Western car makers learned nothing.
Quick! Bail out a bunch of failed corporations for uh reasons.
Japan wasn't stealing American and European IP and copy manufacturing. And it wasn't paying its workers slave labor. These situations are nothing alike.
@@RandomDeforge what's there to steal with EVs? legacy auto is behind on electric vehicles
@randomdeforge America uses slave labor with the prison system. Also, American companies like Apple also use the slave labor in China.
@@RandomDeforge you serious? Toyota's first car, the Model AA, was designed by reverse engineering and even using blueprints from Chevy and DeSoto sedans
I'm brazilian and I see many BYD Song Plus in my medium size city! BYD Dolphin are very common for uber drivers. Some people doubt the company has the knowledge to make a reliable car, but owners are very happy with their purchase so far...
Perhaps, though who's gonna work on 'em? First expensive repair, especially without any established network of EV service and support, a lot of these cheapo Chinese EV's will likely end up in landfills, just like the hundreds of EV 'graveyards' already polluting the Chinese landscape. 'Saving the planet' indeed!
ruclips.net/user/shorts02XJzJ-ivx8?si=lgJbidMaWiXYX60H
Very happy to hear that. Brazil is a very strong market and making a mark there can surely push other regions to accept these cars.
@@klowen7778 cope more you amerifat
@@klowen7778 are there any with good support n service?
some uninsured teenager scratched two panels on my Tesla and the quote was $20 000 to fix it. ridiculous. there are heaps of Teslas and BYD here in South Australia but the resale for a tesla is worth less than fixing 2 panels.
@@klowen7778😅😅😅😅😅
I own a Shanghai-built Tesla. When you live in a country that doesn’t build cars, Chinese EVs are very difficult to ignore
The US put 100% tariff on Chinese cars and are trying to ban them because they are better cars than what US manufactures for only 1/4-1/3 the price. Sad we in the US don't have the freedom to buy a cheap EV. Also, some Chinese EVs can charge 300 miles in 10-12 minutes, we are 10 years behind China in tech and mindset unfortunately.
@@BlindedByLogic they seem to catch fire a lot too , and again reports of amazing range and super fast charging, I’d only believe it if I saw it, Chinese car makers have been notorious for exaggerating their figures in years past.
@@mikldude9376
The only ev fires that I have seen so far involve a Mercedes EQS and a BMW i8. Both luxury evs. Chinese evs are the best selling brands here in Asean and they have been around for 2 years now.
@@mikldude9376you’ve not really checked the stats then? LFP batteries developed in China are even less likely to catch fire than LNMC batteries used primarily in Western EVs, which in themselves are statistically at least 6 times less likely to self combust than petrol/gas and diesel cars.
@@mikldude9376how many ev fires have you personally seen to believe it?
Why isn’t the US population worried about their assembled/made in China phones yet worried about cars going rogue?
You think that's something. Wait till you see everyone starting enlisting.
@@TacticalMayoIf the United States hadn't often confiscated the assets of other countries for no reason, I believe the Chinese would be willing to move their EV factories to the United States. But no one dares to bet now, what if hundreds of millions of dollars of investment are confiscated by the US government for no reason. TSMC has been screwed, and the Chinese are not blind.
If the United States hadn't often confiscated the assets of other countries for no reason, I believe the Chinese would be willing to move their EV factories to the United States. But no one dares to bet now, what if hundreds of millions of dollars of investment are confiscated by the US government for no reason. TSMC has been screwed, and the Chinese are not blind.
Because those items follow regulation however domestic Chinese brands do not.
Cars impact the wealth of the ultra rich that stole 65% of AMerica's wealth.
Until end of 2022, In China, the EV bus except long distance bus is 542.5K, 98.8% or total.
5000 YuTong EV bus sold in 2013 has been operated for 8 years without major issues.
In 10 years life time, it can save 20% cost.
A dollar saved is a dollar made
Mining lithium is a water guzzling extreme toxic pollution metal for the planets ocean and waters, it is way cheaper to mine toxic lithium than it is to recyle it and it is very difficult to recycle, this is why 99% is not, the pollution it causes to the planets ocean is not sustainable, its like a nuclear chernobl to the planets ocean every year, due to the heavy toxins and pollution in mining lithium, when a lithium car is still in the company assembly line it has already polluted more than a hydrogen fuel cell car that has been on the road for more than 125000 miles, the secret about hydrogen fuel cell cars is that each car actually cleans the air as it runs due to it`s clean watered electrolysis when released onto the atmosphere, hydrogen fuel cell cars have become remarkable cars with the new technology, fuel cell cars are the future not toxic lithium cars! we all have to start the switch!
In Malaysia people are getting so excited with Chinese EVs with their innovative specs and affordable price. Our local brand Proton will be launching it's first EV which is co-developed with Geely China.
No one talks nor cares about Merc, BMW, Audi, Hyundai, Kia EVs anymore. The Tesla hype has subsided for now due to it's higher price and ridiculous options price tag.
The only 2 European EV brands that still get the local excited are Volvo and Lotus but that also partially due to their parent company Geely..
宝腾。莲花。沃尔沃都是被吉利收购，
dream on
Lotus has been sold to Geely 100%.
Volvo car except Volvo truck 100% owned by Geely.
49% Proton share has been sold to Geely.
proton also sold in pakistan
@@SF-eo6xfhe literally tells you what’s happening in Malaysia, you can’t accept it? Why don’t u counter him then? 😂
There's another market where China's EV dominate: light city transport. Everywhere you go in Southeast Asia you see old IC scooters, bikes, and three-wheeled transports (tuktuks, etc.) being replaced by EVs. It's not as sexy as cars, but they're ubiquitous and China is quickly building its brand reputation.
When I drove through western China in 2018, there was not a single IC scooter to be found. Didn't exist anymore.
All electric. 100%. IC scooters are probably prohibited?
And idiots are buying them.
...light city transport, buses, construction machinery, trains.
@@timotheusvanesch3959guess why: saves tons of money...now even more than in 2018.
@@timotheusvanesch3959same. Cities were extremely quiet.
I do not know if this is what China's government was thinking decades ago, but the move to EVs, and electric transportation in general, was forward-thinking and brilliant.
The use of electricity instead of fossil fuels is very logical and reminiscent of the transition from horse-drawn carriages to ICE vehicles. The future of transportation cannot be based on burning wood or coal or oil or gas (as in steam engines and ICE).
Look at high-speed trains, for example. Can you imagine these running on steam or internal combustion? Neither can I.
Look at lunar and Mars rovers. Same thing. Even airplanes will eventually go electric.
Electricity is the future. Nikola Tesla was right.
China called it right decades ago. The US called it wrong.
Western governments work through vested interests which always precludes the best technical solution
they are the biggest polluters on the planet and having thousands of fields filled with rotting crappy EVs that nobody is buying is not going to help, dont be so naive and actually do some research ffs!
Just a correction - British Rail Class 43 (or interCity 125) is a high speed train running on diesel, still in service. So we don’t need to imagine it. It has been here since the mid-70’s.
@@petterskjolden6884 Interesting. But with a top speed of 239 kph, it pales in comparison to Chinese HSR's 350 kph.
Note that diesel-powered high-speed trains never really caught on. I wonder why.
You missed the point, el cars n almost everything should have been electric since the beginning, actually there were very advanced el cars made at that time petrol cars were made, but a few power like Rockeferer, JP Morgan etc made sure to avoid electric cars in order to have control. Now they missed the train with China n it's just the beginning, wait the difference in just 5 years, already charged in 5 minutes n of course the humanoids , the west is doomed hence the wars
I just came back from a trip in the EU in mid July, you could see Chinese brands on the streets of Germany, Austria, and Netherlands. So, the Chinese are already in the West, they are just not in the US. The US reminds me of the late Qing Dynasty of China, who closed up the country and refuses trade with all outside world, and after 100 years, found out they were far behind in every single tech imaginable.
In which city were you? I've seen 1 MG4 in one month. Then in Italy maybe 5 chinese made ones from local brands in 2 weeks. Just 1 MG4 in Greece in 2 weeks. Maybe you focus too much on what you're looking for. On the other hand I've seen a lot more Renault Megane, Teslas, Audi e-trons, VW ID3, ID4, Cupra Born and a few other European brands. But the large majority of new cars I see in the streets remains largely new hybrids and ICE cars... It's still a very very long way for Chinese brands in Europe.
Exactly! I want a front seat enjoying watching the decline from all that ignorance.
@@MikeKlaarlots of MG here in UK
American companies are trading technology all over the world, what imports are allowed to disrupt native industries is only a political decision and does not have much to do with the development of the actual technology.
@@DewtbArenatsiz MG is originally a UK brand, that's probably why. And there aren't any mid-class car manufacturers there anymore like in France or Italy. Volvo is now Chinese owned but the Swedes still buy it.
Fun Facts: 1.China started pilot research on EV technology on March 1986. It was listed as one of the primary national science developments goals in Project 863.(a national science and technology development scheme for the next two decades.)
2. One of those lead scientists who made the proposal in 1986 is Qian Xue Sen who was a cofounder of NASA's Jet Propulsion Laboratory, founding father of Chinese space program, and was deported to China by the US government because of suspicion of been a communist party member and general racist xenophobia. Deportation of Qian Xue Sen is still regarded as THE biggest strategic mistake ever made by US national security apparatus. And it totally blew up in their face.
Don't have to trust me, go google it yourself.
The guys family name literally means money. Can you believe the Qian family had the entire ancient Chinese currency named after them😮 until it was changed to Yuan, not sure if is it a reference to Mongolian Chinese families.
But, will they make a profit when the government stops subsidising them?
@@PhilRable The supply chain is strong enough now and electronic vehicles are widely accepted among Chinese, in the last quarter of 2024 we're going to see 70%+ new car sales in china are either electronic or hybird, the Chinese government did stopped subsidy for quite some time.
Tesla and spacex are both Chinese startup investments to help boost US economy due to trade deficit lol
Elon Musk is just the middle man outsourcing Chinese patents.😎
@@PhilRable The direct subside has already stopped as far as I know but policies leaning EVs and PHEVs. There are a few stronger and bigger NEV (EV and PHEV) players are making profits now but the majority of the NEV are not. I guess there will be more NEV makers will go bankrupt in the next few years due to the huge competition. It's a natural process for the auto industry if you look back at Japan (and possibly the US when Ford started the making....). Consumers will definitely benefit from the competition. I guess the EVs are going to be much better and cheaper in the next few years. I have owned my Tesla for two years and already noticed its already outdated in terms of technology and quality compared to the new EVs.
我在中国，2019年买了第一辆BYD电动汽车，并安装了充电桩，迄今为止已经行驶11万公里，期间没有任何问题，只换了4个轮胎。电费总计11000元，大概1570美元
I live in the US. My BMW i3 costs $0.00 to run from solar panels😉
@@supadupahilton6848That golf cart can drive to yours kids' kindergarden, that's about it
@@supadupahilton6848oh solar power is free?? Thanks for the info 🤓😂
@@supadupahilton6848 Are those panels made in China? :D
@@wgemini4422 They were put in in 2017, before the mass exodus from China. The next set (due in about 8 years will be 100% US or European made). ...keep dreaming of Chinas FORMER Glory😂😂😂
European and the US car makers don't stand a chance due to efficiency of the supply and production chains that exist in China. How can a German or American car be cheaper if they relay on China tu supply them with electronics, batteries and other parts. EVs are no different than consumer electronics, which is 100% manufactured in China.
@@nderezic I think you switched up your sentences😂
No Chinese car would ever run without the parts provided by basf, Bosch or ZF 😂
@@nderezic every Chinese Batterie is build with electrodes provided by basf, lol😂
@@Naikomi95 BYD subsidiary FinDreams manufactures both the electrodes and the batteries. BASF does sell some materials to BYD, but only non-essential ones (i.e. Ultramid)
@@nderezic why do you lie? Basf Provides for example all of the Cathode Active Materials to FinDreams and CATL😂
@@Naikomi95 Pure western copium 😂😂😂
I'm Canadian and I'd love to buy a BYD car, our government for years has been telling it's population how important it is we reduce gas vehicles and embrace EVs...
China comes out with an affordable EV and what do most Western countries do? Increase the prices on them, making them unaffordable for the average person.
I guess protecting our gas vehicle companies wallets is more important than reducing pollution now? 😊
You know EVs are far worse for the environment, right?
@@DazedandInsane Those experts who said that are all funded by petroleum big bosses.
Fortunately, Washington, DC has mostly made that decision for you. A Tesla is at least made in this hemisphere.
@@DazedandInsane - Can you please link us to your doctorial thesis on the impacts of industry on the environment?
@JohnnyWednesday Are you that naive? Evs don't last near as long as normal vehicles, have far more impact when being built, and most of the power being used to charge these evs comes from fossil fuels. They do nothing to cut down on emissions, and the batteries are not reusable. Use your brain or be a bot
I've sat inside an Avatr 07 and 11, several Nio models, Zeekr, IMLS6, a Robocar in the last few weeks. Tried them all... It takes a few seconds to realize how far ahead these brands are already. We're talking about smart vehicles, not just EVs
You should try Huawei's autonomous driving, which is probably the most perfect way for humans at present.
@Sunalen-ue9hv tried the HIMA Luxeed R7 and it feels ten years ahead of Porsche Macan/Cayenne. It's like being in a Maserati or the Lambo SUV but at probably 10% of the price. It's crazy!
Mining lithium is a water guzzling extreme toxic pollution metal for the planets ocean and waters, it is way cheaper to mine toxic lithium than it is to recyle it and it is very difficult to recycle, this is why 99% is not, the pollution it causes to the planets ocean is not sustainable, its like a nuclear chernobl to the planets ocean every year, due to the heavy toxins and pollution in mining lithium, when a lithium car is still in the company assembly line it has already polluted more than a hydrogen fuel cell car that has been on the road for more than 125000 miles, the secret about hydrogen fuel cell cars is that each car actually cleans the air as it runs due to it`s clean watered electrolysis when released onto the atmosphere, hydrogen fuel cell cars have become remarkable cars with the new technology, fuel cell cars are the future not toxic lithium cars! we all have to start the switch!
which one was your favorite? and which one has the best value for money?
@@JohnBinay man it's hard to pick one, but the best value offer in terms of cost/benefit (in the 200k-300k yuan SUV segment) would probably be IM LS6... That car is delivers unbeatable value for 30k usd. All of them do. But this one has everything
The Chinese also are building renewable energy and nuclear energy aggressively. In the next ten years, Chinese people will enjoy clean EV that have long range and they almost cost nothing for fuel. The effect on living standard increase will be mind boggling.
21 nuclear power plants are already planned.
@@godzillamothra5983 they have also been building coal power plants aggressively on average 2 a week and are only planning to increase the number to at minimum double the rate
If that was true the rest of the world would be doing the same. Would be beneficial for sure. That’s why the Western world is going socialist by going ‘green’ and making every resource expensive, thus reducing standards of living.
@billboein until this year. It's trending towards end of fossil fuel
@@billboein Nope, the rate at which they are building coal plants not only is much smaller than their build up of renewable energy, it's actually falling; during the first half of this year almost no approvals for new coal power plants were given in China. In fact, given that China is also retiring the older coal plants fairly fast, there's a good chance China will finish this year consuming less coal than it did in 2023 - and if this doesn't happen this year, it's almost guaranteed to happen in the next year.
Do be aware that the local prices for solar panels, wind turbines, and grid-scale batteries in China are the lowest in the whole world. Building new renewable energy is, for them, cheaper than building new coal generation. The main reason they were still building coal is because they are growing their energy production so fast - it's already at more than twice what the US generates, and growing fast - that all the supposed "overcapacity" they had couldn't even fully supply the local market, though this seems to have changed this year, with Chinese factories finally capable of making more solar panels than China uses.
Incidentally, this also means China should be able to sell even more solar panels overseas than it used to, and possibly at even lower prices too.
fun fact, BYD is actually a cellphone battery maker. but eventually started making cars.
also, XiaoMi is another major cellphone maker, and now started making electric cars - the Xiaomi Su7.
also fun fact, Apple, the maker of iPhone, also tried to making electric cars. and announced in 2024 that they will shut down the project.
kinda tells you where the real innovation and real leaders are.
its also shocking to see the Main Stream Media did such a lousy job reporting the China electric car industry.... by the time you hear it on the news, they already slapped 100% tariff, because the US automakers are holding on for dear life and wouldn't dare to compete. all US automakers are now scaling down their electric cars and cutting budget. they r not even trying anymore.
Another related funfact since we're all fun facting!
Apple wanted to also get in to the EV or the next big thing market with an Apple Car / Icar or something!!! Took Apple 10 yrs R n D! Gave up! Wasnt feasible for Apple!
Xiaomi did it ALL in 3 yrs! From feasibility to concept to production!!!! they supposedly started in 2020 / 21 rolled out this yr!
Whats the comparison!? you ask! Apple is a behemoth!!!!! With tons of resourcing and marketing behind it in comparison to Xiaomi which i think are maybe 3rd or 4th in the world of smartphones..... 10yrs for a veteran v 3 yrs for the noob!!! Xiaomi realised, actuated their vision! Apple couldnt and instead went for VR! Which Xiaomi also does lol
Shocking? Not a bit. The US view of the world has always been intentionally myopic and laden with propaganda and the media have a big role in this.
Xiaomi and huawei don’t make their own cars. Saic and other car manufacturers make them, it’s just rebranding.
@@Jin88866 thats like saying AMD doesnt make CPU's, TSMC does.
the fact that China now has "pure play foundries" for auto sector is an amazing development. even Apple failed to pull this off.
You're broadly correct, but USA automakers aren't scaling _down_, though they are scaling back EV investments. GM and Ford will sell way more BEVs in 2024 over 2023, but they won't sell the millions they aspired to. It turns out yet another me-too $45,000+ EV crossover does not sell in the 100,000s a year. So far there is only 1.5 massive success, the Tesla Model Y and Model 3.
The tariffs shield Western manufacturers from $25,000 Chinese imports, but they still need to introduce compelling $30,000 BEVs in all categories... and actually _TELL_ car buyers why an EV is much better than all the antiquated gassers in the showroom.
Electric cars became VERY (and I mean VERY) common in Brazil in the last 2 years, and they are all Chinese.
European, Japanese and American brands have been selling their offerings here, but they were too expensive and nobody really wanted to trye. Then came the Chinese with cars the were pretty much as good as the traditional brands for freakin' half the price. And Brazil doesn't like importing cars, they want every car to be made here so they can be cheaper. What did China say? They said "Yes", and they're already building their factories here (while the competition are still imports for 2x, 3x, 4x the price).
This sounds like my country Kenya. Motorbikes typically cost 2X, 3X the MSRP(even for used bikes)…for a 3rd world country! What does China do? They set up factories here so their offerings are 60% cheaper than competitors. I hope they introduce their cars too some day
Mesmo onde?
Controlling good and cheap products in the market. Do you want such a government to take you?
They don't cost half the price, they are subsidised by the Chinese government 😂
@@Naikomi95who cares whether they are subsidised or not. As long as the price is fair, I’m all for it
China has focused on EV's, solar panels, batteries, and wind turbines, but the US is investing in fossil fuels. How is that going to play out?
Thank you! It's funny and sad that US companies have sabotaged alternative energy sources since they still make large profits off of fossil fuels. It is totally companies and the government fault for getting their butts kicked. Stop blaming China.
One word ... tariffs.
@@MaximGhost Your solution is to force your own people to pay more for better, environmentally safer alternatives to your outdated technology?
@@MaximGhost Tariffs - a temporary solution to a permanent problem.
@@MaximGhost Which is just a copium, the end goal is energy security. Extracting fossil fuels and securing the supply chain is just getting more dangerous and dangerous. China is Crude Oil Poor, that is why they are doing this.
Take a look around your house and examine how many of your products were made in China. American manufacturers closed their factories and outsourced their products to China 25 years ago, and here we are. Now it’s only a matter of time before high quality, low priced Chinese cars put the American auto industry out of business. America simply cannot compete with China on price, it’s not possible.
I now live in China, I feel like a kid in a Candy store. The EVs are amazing with amazing cars at an incredible price. US$15k for a car which blows Porsche out of the water and makes them look like Lada in Specs. They can make a car every 74secs give or take a few seconds. But we are also missing the point that the air here is so clean and healthy now. Healthy living is important and should be a global initiative.
I returned to China in August after being gone 7 years. What a transformation. In Guangzhou, about 70% of the cars are EVs. I was floored by how quiet the streets were and with the air so clean. Every taxi ride was in an EV as I traveled across the country. Really nice quality cars. And China EVs are on the rise in Thailand where I live. Cars sold here are final assembled in Thailand. The U.S. should consider doing the same.
China's still the leader in greenhouse gas emissions with the US at second. They're building more coal fired plants. I'm sure it's great that it's not coming from cars anymore and the air is cleaner, but it's still coming from somewhere else.
Nope . USA is . China is not even in top 10b@@artboymoy
@@JonySmith-bb4gx LOL. A simple Google search would tell you you're wrong. "Which country emits the most greenhouse gases?" BOOM CHINA #1.
I was there in 2017 and some cities were banning ice cars in the downtown areas. The quietness was so crazy nice. People don't realize how much noise cars make.
America: If we're not winning the game is rigged
Chinese companies engage heavily in stealing IP from companies in the US and Europe.
America: Why the HELL should Americans buy YOUR cars? How dose that benefit THEIR economy? TARIFFS insure that china can't blow up the American economy. SO WHAT?? If you don't like tha Americans attitudes and such, DON'T DO BUSINESS WITH THEM! I don't.
See also: Ford, Crysler etc lobbying against EVs and "Tarrifs" on Chinese EVs because software.. (but not on IPhones..)
@@mattsiede443 🤣 in other words, freemarkets and level playing fields are only applicable when the US can lead, otherwise, we shouldn't play the game.
Trump is the product of American way of thinking….”I can’t lose… if I did then it’s rigged.”
“ They need more freedom in their country”
The biggest issue is that tarrifs only punish the consumer. If you charge a manufacturer more, they aren't just going to eat the cost, they'll just charge more for end-purchase and "pass the savings onto you!" If you increase the cost of import, that is calculated into the SG&A. The overall profit margin calculates after all net dealer costs. I'm in the automotive engineering industry and have watched this happen over and over. Not only do tarrifs increase inflation, they are a direct tax on the consumer, NOT the foreign government or companies.
Yes we know this. Which is why it's to make it harder for people to decide to want to buy the product. I'm sure you could ban any Chinese EV from coming over here, but that takes Congress to pass laws and they don't exactly move fast.
@@artboymoyso instead of increasing subsidies for local car brands, the US slaps tariff on foreign cars? Nice, makes the consumer pay the price.
@@thomaszhang3101 A lot of people in the US don't like government to spend money and they would probably look at it as picking winners or losers and a bailout. Plus you have the free market types that would be against it as well, like they are with the tariffs on Chinese EVs, making it more of a decision that the consumer has to make. Same reason, I'm guessing, why there are tax incentives for EVs and getting your home updated with more energy efficient products. It's kind of a round about way of doing the same thing.
Does the US people are voluntarily caused by government exploitation? Ok, I understand.
The goal is not to tax the the foreign companies, it's to make their products unattractive due to artificially inflated cost so that you don't buy them, and instead buy locally or from someone else. The problem is it allows local companies to get away with making inferior products and charge more for them than they should. To be fair asking publicly traded companies to compete with government run/owned/subsidised companies like China's is tough. There are more sides to the story than just one. Subsidies in the US are largely rorts to profit the rich. Subsidies in China are aimed at taking economic control of as much as possible, in order to replace the US and make it irrelevant. Once they've achieved that THEN the rorts to profit their rich will really begin. (They're there now but you can get disappeared if you piss off the wrong people).
The auto battery swap tech in the NiO's is really cool and they've build over 800 of them so this might actually become a real thing in China.
Would certainly tackle many of the problems with EV's including battery degradation and the difficulty of recycling. That will be much easier with a system like that.
Not needed, some batteries charge 300 miles in 10 minutes now and the charge speed is only getting better.
@@BlindedByLogichave you personally seen one charge 300 miles in ten minutes ?
That claim is highly dubious my friend.
@@BlindedByLogic fast charging is one of the major factors that cause battery degredation, meaning that the battery would eventually need replaced. It's cheaper to buy a new car with battery included. This is what the NIO model overcomes.
@@BlindedByLogic Nio's 4rth gen swaps only take 2 minutes 30 seconds. Plus, let's say you decided to buy a car with a smaller battery, limiting your range. You can have a small range battery in your NIO for daily driving needs then swap it for a larger battery to give you extended range on long trips when you need that capability.
If you watch "What Ever Happened To Nio?" by Wall Street Millennial you will see that battery swaps are actually causing NiO to be unprofitable, as they decided that all NiO customers would have infinite battery swaps.
In China, BYD sold 420,000 electric vehicles in September
Meanwhile Lucid Motors loses >$200k every time they sell one of their cars. The CEO gets paid >$370M each year, so I guess we are all very happy and blessed.
It's not often that Lucid sells a car though.
Just like Chinese brands (except maybe for BYD)
The "blind spot" reference is accurate. Legacy auto deliberately ignored the low-profit-per-vehicle bottom end of the market, focussing on the upper end for EVs and leaning back on their income from selling masses ICE cars at the bottom end. They left the door wide open. Initially the Chinese products were mediocre, but now they're top-rate.
I own an MG4, but hired a Citroen C3 during a recent overseas trip. On return I was relieved to get back to the MG4. It is not only far cheaper to run, bur in simple terms it's just a much better car.
you kidding me. volvo and polestar which is owned by a chinese corporation, nearly went bankrupt, and had to delay releases, or had practically fatal bugs in the software.... reliable my .....
@@PJRye legacy autos in the west had only 3 innovations this century.
1. Use the cars computer to adopts adobes business model.
2. Adopt predatory loan structures for buying the cars.
3. Turning their cars into ultra spyware machines to sell more data on you than google.
@@auggysimcity It seems you've gone a little off topic, but you seem to be following the same thread - legacy auto have made a lot of bad decisions.
@@auggysimcityI work for Volvo Gothenburg, Geely own major share of Volvo, but we develop our own platform and software interface. The EX30 which is using Geely platform has been a big success in Europe.
@@auggysimcityI work for Volvo Gothenburg, Geely own major share of Volvo, but we develop our own platform and software interface. The EX30 which is using Geely platform has been a big success in Europe.
Already 50% of new cars sold in China are EV's so anybody who thinks that 100% of new cars sold in China will not be EV's in a few years, is extremely naive.
*Plugin hybrids and EVs...
A friend of mine has just bought a BYD Atto 3 and it us lovely. Its a bloody spaceship 🙂
It looks like a spaceship but it's just a car. More importantly what's the safety like? Don't tell me it has an undercarriage full of lithium cells. If so it's only a bump or a rock away from denting a cell. Which could set on fire immediately or several years later. Easily able to destroy a building. Peace of mind is gone once you understand the technology and the design flaws inherently built into these gadgets.
@@arcrides68415 star European ncap. They are very safe.
@@arcrides6841 byd battery don't burn, didn't you see the puncture test? pretty sure even if you saw it you'll still write this lol
@@abcJ-q4v "byd battery don't burn" - Oh man are you sleeping on this one big time. Let us awaken you. Warning: the following facts may hurt your E-Motions.
As recently as May 16 2024 The BYD dealership in Fozhou burned to the ground.
On Oct 21 2021 A fire broke out in BYD 4S store in Hainan on Oct 21, 2021.
In May 2022, a fire broke out in the after-sales workshop of a BYD 4S store in Hengshui, Hebei Province.
On July 9, 2022, a fire broke out in a BYD 4S store in Xingning District, Nanning City, Guangxi.
On November 18, 2022, a fire broke out in BYD’s Phase 3 F6 factory building in Daya Bay West District.
On December 8, 2022, a BYD 4S store caught fire near Gongye Road in Erqi District, Zhengzhou City, Henan Province.
On June 1, 2023, a fire broke out in the material area of Workshop No. 1 at BYD’s Pangguan production base.
In May 2023, a fire broke out in a BYD 4S store in Jiangmen, Guangdong.
In December 2023, a fire broke out in a BYD 4S store in Tiexi District, Shenyang, Liaoning.
On December 18, 2023, a fire broke out in the BYD 4S store in Xinmaoyuan, Chengdu, Sichuan.
On December 30, 2023, a fire broke out in the exhibition hall of a BYD 4S store in Changhua, Binzhou, Shandong.
INSANE
Ok China, do electric planes next.
already there, EH eVTOL start testing commercial flight in Shenzhen and will open more route next year.
There are drone shows in Shenzhen nearly every weekend now, and many electric planes are being tested on the Zhuhai-Shenzhen route. Flight tickets cost 120-300 RMB.
If you visit Shenzhen someday, I highly recommend exploring the city at night. The brightly lit, bustling streets, drone swarms show, self-driving taxis and cyberpunk-style buildings are very different from Europe.
@@cool_things_collection that's incredible...I will really love to visit there someday
They can't until someone else does it first so they can steal the tech.
I drove a Tesla for 5 years and switched to Xiaomi. Most likely I will try other Chinese vehicles in years to come. Most westerners have no idea how advanced our EV industry has become.
We do its just that western car makers didnt get 350bil in government investments...
@@NLJeffEUNobody is stopping western governments from doing the same. They just don't want to do it. They would rather spend that money on fueling endless wars around the world.
@@NLJeffEU20 years and 2 trillions US$ + 5000 American lives were dumped into to Afghanistan. Bad choice has consequences.
@@NLJeffEU It's not that simple. central government make policy promote use and manufacture ev related parts and materials. Then, local governments make investment into local enterprise to make money together. There numberous competition between lots of local government.
@NLJeffEU that's not a good excuse, Western governments always subsidise their companies.
Here in Brazil, chinese EVs are dominating the market really fast. A BYD is now the new middle class dream
When I visited Shenzhen back in 2016, the taxis were pretty much all EV. Not surprising at all how much ahead they would be after 9 years.
BYD and GWM are making huge waves in our market. They revolutionized the EV and HEV local markets and forced legacy automakers' prices down, especially their EV and HEV models. A Peugeot e2008, for example, got a 40% price cut just to try to compete against the Chinese offerings. And even so, it sells very poorly. We expect Chinese newcomers such as Neta, Jaecoo, Omoda and even MG to arrive soon. It's hard to say if that's sustainable in the long run, but it'll be fun to watch, nevertheless.
It will likely be sustainable for the Chinese brands. Not so much for the brands that currently dominate the market, though; the faster-than-expected growth of Chinese EVs (I believe they already captured over 6% of the new car market) have already caused overproduction issues in the ICE assembly lines of traditional automakers.
And that's before the brand new BYD and GWM factories start producing cars, which is expected to happen at the end of the year.
One thing to note: the auto-parts business is a high volume, low margin one; any disruption - such as losing a chunk of the market to EVs - can send costs higher. This means that just as batteries are getting cheaper and EVs reach economies of scale, and thus get even cheaper to make, ICE cars are likely to see their production costs rise. If that does indeed happen, the transition to EVs should move ahead quite faster than most people are expecting.
In Australia I am seeing these Chinese electric cars everywhere. And definitely getting pushed on Australian automotive youtube channels, it seems.
New Zealand is the same.
Maybe because china buys everything from you. Without china you would go broke. Where is your american submarines?
Is thier quality good ??
I bought a VW ID4 from china here in Egypt , and it is wonderful and amazing , what about Australia and New Zealand.. curious to know.
Is there a problem with that? The big manufacturers abandoned production here and don't even offer their EV models to the Australian market. The more options we have the less of a monopoly we will have on pricing. The price on cars has steadily risen since local production ended.
Same here in Sweden. I drive an MG 4 and my brother drives a BYD Atto 3. They are pretty good actually. Software is full of bugs though.
I think EU and China have reached a deal yesterday to make the price of Chinese cars similar to EU made vehicles. Looks like no additional tax for Chinese EVs .
If true, the EU will need to increase their fire brigades ability to deal with Chinese EV battery fires!
@@ChellyB71 - There are many, many videos of Teslas on fire.
@@ChellyB71I see this claim in this section all the time, yet find zero data showing that they burn any more foten than a Tesla or similar. Hell in the past 4 weeks more Toyotas burned in the US alone than BYDs in all of europe and australia.
then there is the fact that cars in and for china are being build to completely different standards. A VW ID 3 made for the chinese market does not fulfil german quality standards and can not be imported to germany for that reason. Its similar for most other countries, hence why almost every report I could find was from china itself, yet not NZ or Austria, where the BYD brand is the most popular EV brand.
@@JohnnyWednesday for every 1 Tesla fire video, there's 50 Chinese EV fire videos, you donut.
@@ChellyB71LiFePo batteries are almost immune to fires. Don't fall for the FUD from oil companies.
Truth is, the EV industry just started. The tech for batteries are improving exponentially because of the fierce conpetition domestically and internationally...who knows what we will get in 10 years....the tech now is already mindblowing!!
The scary part is that BYD has better hybrid technologies than the rest of the world. The BYD gasoline engine is just 1.5 litres. It runs at 5000 rpm all the time and produces very little torque so cannot be used low speed torque. The secret is the 30kwh electric battery that is primarily charged by the gasoline engine. The battery can then power electric motors with huge amounts of toque at low speeds, enough for a big ass truck like the byd shark.
The same set up with the gasoline motor running at 5000 rpm runs at 42% thermal efficiency (versus the 26% efficiency of standard US and Japanese ICE engines allows the byd song dm-I sedan to be able to drive 2000 km on a 65 liter tank of gasoline and a 100 km charge. Range anxiety go home I can drive from New York to Miami (assuming is stay under 100 km an hour)
Have you not ever heard of the Chevy volt? That technology you’re talking about was used back then by GM that’s piece of evidence showing how much they use stolen intellectual property. From the west among other countries.
Chinese hybrids are making a bloodbath in the global car industry especially on the traditional ICE car makers like Toyota, Honda & VW. More and more buyers are turning to Chinese hybrids because of the substantial fuel cost savings.
Lots of people around me wanted to buy Chinese hybrids for their next car.
Why is that scary? It's awesome, apart from the fact all the Western leaders are compromising what we can get because of "chyna"
@@marvinfok65 yes Toyota has licensed BYD’s hybrid technology.
@@fredfrond6148At least make your lies believable. Like the Japanese would let that #@# anywhere near their island?
CMilk and SerpentZA will have a heart attack when they see this video.
Those people are paid by Falun Gong cult
My exact thought. CCP CCP CCP.
Heart attacks seem fun with some of the $1.6 billion they get from the US. 😂😂😂
As much as I look up serpentza's channel and like some if his content. His whole channel is dedicated to hating everything chinese and the context in his videos really doesn't go that deep on the subject in question.
If he made any other content I would feel different but there is a lot of bias to be had if you're monetarily incentivized to paint a picture.
None of his content is good @@Yeet42069
China is going to win the EV race because they are building a quality product that doesn’t cost the price of a starter home to afford
Chinese cars are worse and more expensive then European ones
IT's that way because the industry is getting a lot of money from it's government. The US caved in too much to it's fossil fuel lobbyist and some politicians are still running on climate change isn't real and EVs are bad. It's held back any growth in the sector until Tesla came out and even then was still fought against.
easy to sell something cheap when you stole the technology to develop it and don't have to worry about R&D costs.
@@calicojack3628Oh? Is that why Elon Musk admits Chinese EVs are good? You're such a goober
No tariffs on Chinese EVs here in Australia. Also all Tesla EVs sold here are assembled by Chinese workers in China
I bought an American vehicle made by Dodge. It lasted 2 years with so many problems. I bought three Japanese vehicles made by Honda and Mazda. They lasted ~3 years each and had a lot of problems. I finally bought an Indian made Juagar, and it lasted 1 1/2 years with a lot problems. I finally bought a Chinese EV made by BYD, and I am so happy with it.
Drive it for 2 years and report back. Thank you
@garyzies3486 I don't think you have two years left.
@@COLLAPSE.of.US.ECONOMY That's an interesting aspect.
@@garyzies3486 At your age, everything is interesting.
Hi Simon , Did You know, that BYD has started to build their factory about six months ago in the southern part of Hungary ? I do live in that city called Szeged and the pace of the construction is impressive.
That is not a recommendation to anyone with intelligence.
In the 2000s I was one of the people that doubted that China could manufacture anything worthwhile or in anyway authentic. Then I got one of the first run Squier CV Telecasters around 2010 that were made in China for a third the cost of a Fender of similar specs.
Now I know , because of the implicit greed of Capitalism, they are going to own the next century.
Great report Simon...but I'm not sure about the MG4 charging in 200kms in 5 mins. I think you were sold a furphy there. Other Chinese cars are starting to approach the speeds you suggest... but it certainly isn't the production MG4 (which is at the cheaper end of the EV market). It's maximum charging speed is 150kw
Honestly, as much as I'm in a country with territorial disputes with China. I have to put credits where credits are due. They have an incredible automotive manufacturing capability. And just to add, yes, China may have not "mastered" the internal combustion engine vehicles, but a lot of countries actually use their commercial vehicles such as trucks and buses of various sizes. Right now, we have more Chinese-made trucks and buses on the road compared to the usual North American, European, Japanese, or South Korean brands and are proving to be more cost effective than those stated prior. They've also proven to be reliable and long-lasting, as much as the stigma for Chinese vehicles falling apart are present. ICE passenger cars also has recently become more numerous. I think what is ignored is that some Chinese cars has powertrains which are based on their counterparts from the US, Europe, Japan, and South Korea. For example, Geely has a passenger car which is based on a Mitsubishi engine making maintenance just a bit easier. Performance is also good and they do bring quite a good bang for the buck.
As I can see, if countries want to counter this, they need to level up on innovation and provide incentives for their local brands to compete with said technology. Tariffs just ignore the fact China is developing their technology while the country imposing said tariff becomes stagnant. This goes for the US, Europe, and the country where I am in.
Oh the US doesn't take that approach. Nope, we take the military approach.
A country that has all the raw materials to make everything has to lead in something.
Those idiots blaming Chinese EV for its subsidies from gov, but they didn't know that Chinese gov subsides both the foreign brands and Chinese brands manufacturing in China equally, and the fund has been cut since years ago until complete stop.
I’ve been talking about why us auto makers aren’t putting out shit for EVs, the market is there. Its the late stage capitalism, consumers stop buying because things are to expensive, so what do they do, raise prices to make up for it so the shareholders keep getting an increase in their payouts. Chinas EV market supplies something the US is lacking in many fields, non monopolies competition
It wasn't until this last year that I noticed anyone selling plug in hybrids. Anyone looking for something affordable in this category has maybe 3 cars to choose from? And there still aren't PHEV cargo vans available yet. With rent becoming unaffordable in places it's mind boggling how nobody makes small affordable PHEV (or other) class b camper vehicles. It's like all of the car manufacturer's are looking at this from the perspective of what is easiest to build and not what consumers want. In the economic reality of 2024 most people can only afford to own one vehicle and with the limited range of all electric it isn't a viable option.
Big carmakers in Germany are now trying to push for more combustion engine cars because they know they can’t compete with Chinese EVs. It’s truly embarrassing for a country so intertwined with the car industry.
BYD cars are a major hit here in Brazil, they "redesigned" the whole EV market in the country, forcing "traditional" manufacturers to lower their prices. They are omnipresent in our streets. However, there are some after-sale issues, such as lack of replacement parts (specially body parts which can get damaged in collisions).
They have been manufacturing buses in the state of Sao Paulo for a while, and almost 100% of electric buses circulating in Brazilian major cities are BYD. They recently acquired the late Ford plant in the state of Bahia in order to make their passenger cars in here as well.
Other chinese brands which sell EVs in Brazil include JAC Motors(EV only), GWM (EVs and hybrids, both plug-in and full hybrids, their hybrids are a major hit) and NETA (arriving soon). There´s also Caoa Chery which is a joint venture between chinese Chery and local group Caoa, but they don´t sell pure EVs anymore (they did sell the iCar but they stopped selling it) , only internal combustion models and hybrids (mild and plug-in)
How do you charge them in Brazil?
@@firewoodlake we have electricity, you know...
Usually owners have their own chargers at home. Those who don't have them have public chargers, usually in shopping malls/supermarkets but they are always crowder. In general, pure EVs in Brazil are either the second family car or used as app transportation workhorses for apps like Uber and 99 as it is still not practical to travel far with them (which is a problem in a continent-sized country) due to the lack of DC chargers on the roadside, specially away from larger city centers like Sao Paulo and Rio. But there are some routes in which travelling with an EV is quite doable. The roads in the southeastern and southern states are the most adequate for EV travel.
IMHO, for the time being, if you don't want to rely solely on public infrastructure around here, plug-in hybrids are the way to go. But roadside charging infrastructure is growing.
I just came back from China and I have seen that they certainly know how to draw a good looking vehicle. Now, their markeyt is nowhere similar to the UK-Europe one or the American one. Their market is driven by flashy very flashy luxury and powerful vehicles but not by excellence and affordable performance like we like in Europe. They are driven by very rich people buying more cars in China then us with a modest and shriking middle-class. The needs and wishes are totally at opposites. They can afford to buy a very large, powerful and expensive BEV and scrap it after four years. We cannot do that. We want a car with resale value.
If you've been following Electric Viking, you know that legacy automakers (Japanese, Korean, European and American other than Tesla) are seeing their Chinese sales crater, in large part because they are so far behind Chinese OEMs in EV development. Bear in mind that they've depended on the Chinese markets for years to give them billions in easy profits, and as that market dries up, their balance sheets are just dire.
Tariffs to keep out Chinese EVs will only work for a while; eventually legacy OEMs will strangle and die if they can't compete on the global market. BTW, anybody suggesting the tariffs are somehow meant to protect US consumers from substandard Chinese product doesn't know what they are talking about. Chinese EVs are already years ahead of EVs from legacy carmakers, and if they sell in the US, they'll need to pass US regulations. No, the tariffs are meant to prop up ICE carmakers in the face of withering competition.
It's probably too late for the majors to save themselves. They dragged their feet and now they are too far behind to catch up, especially with their debt loads and years of unprofitable learning curve to look forward to. That's on top of their glacial development pace. Tariffs will just drag out the pain.
The most important point in this piece is "Because of politics (ie, the GOP), the United States missed out on the future of auto manufacturing."
No. EV sales are down. People aren't interested in them.
@@Mk-qb2ny Those new fangled horseless carriages will never catch on. Mark my words!
@@Mk-qb2ny You ok?
America's future depends on tariffs
@@Mk-qb2nyThis is wishful thinking on the part of automotive Kodaks. The technology is just bedding in with early adopters.
I visited Shanghai last month, almost 50% ppl driving ev.
Taxi 80% use ev
I'm from South America, so when I think about EVs the first cars that come to mind are the BYD Dolphin and Seagull, as those are the ones I see the most (and by a very large margin).
In fact, when BYD released the Dolphin here much cheaper than any EV previously on the market, most non-Chinese brands dropped the price of their EVs by 40% or more in order to remain somewhat competitive, and even then Chinese brands quickly took about 90% of the EV market (and grew it from less than half percent to over 7% of the overall car market in a couple years to boot).
byd sells 40000 seagulls
every month in china.
Simon Whistler is underselling just how badly Western EV technology is falling behind China. Chinese EVs charge 2x faster than the best that America has to offer. Tesla was 5 years ahead of the competition 7 years ago. Times have changed, Tesla has not.
tesla is still good. Chinese love tesla too.
@@strategicfooyouagencyfirst8197the Chinese have a bad habit...anything expensive and foreign is good
That's charging infrastructure not tech. As in the Cybertruck and Cybertaxi, Tesla already has the same high speed charging and inductive wireless as well.
@@jwagner4050 Model 3 Highland charges 10-80% in 30 mins on the 82kWh pack. The latest Hyundais can do it in practically half the time on their 84kWh pack.
Chinese EVs are unstoppable, period. Can't wait to drive one in the US 🎉
Been living in China for over 15 years, I have to say even for combustion vehicles, brands in China like BYD, Chery sill outperform most European and Japanese cars. It's amazing that they can make top notch non-ev cars with very competitive price as well. Somehow to my surprise this narrative is mostly ignored by western media.
calling out the hauling capacity of a pickup truck is only relevant to the small fraction of pickup truck drivers who actually use their vehicles for work 😅
Fun Facts: 1.China started pilot research on EV technology on March 1986. It was listed as one of the primary national science developments goals in Project 863.(a national science and technology development action plans for the next two decades.)
2. One of those lead scientists who made the proposal in 1986 is Qian Xue Sen who was a cofounder of NASA's Jet Propulsion Laboratory, founding father of Chinese space program, and was deported to China by the US government because of suspicion of been a communist party member and general racist xenophobia. Deportation of Qian Xue Sen is still regarded as the biggest strategic mistake ever made by US national security apparatus.
Don't have to trust me, go google it yourself.
Easy access to new technologies due to manufacturing contracts and disregard of patents definitely helped there.
@@watcherit1311China owns better battery technology now. You gonna keep crying?
@@watcherit1311you do realise that China actually product their own battery and are the leading in battery technology right ?, they control the battery and solar market .
@@watcherit1311technology transfer is part of business deal, both sides are FREE to disagree. the fact that the deal happened, means they agree. what's the problem?!
Very insightful. Thanks.
I better hurry up on my Mandarin. On a personal note.
Quick correction.. Elon Musk is not the founder of Tesla, it was founded in July 2003 by Martin Eberhard and Marc Tarpenning
Technically true, but Tesla was a company of 3 people when Elon Musk and J.B. Straubel joined the company in Feb. 2004. At that point, Tesla had no financing and no viable business plan. It was Musk's financial resources and Staubel's technical expertise which turned Tesla into a viable company. Without Musk paying the bills, Tesla never would have been able to hire the engineering team that convinced Lotus in 2005 that Tesla was a real company, and without the agreement with Lotus to make gliders for the Roadster, Tesla never would have raised the capital it needed. I detest Musk as a person, but he literally did the impossible by getting the Roadster to production.
I can add that the shell company that became Tesla was named Tesla under Musk
@@amosbatto3051Props for knowing the history of the company beyond the popular soundbite so often mindlessly repeated.
like someone said its like a frickin spaceship, the amount of feature grows exponentialy compared to a gas car. the new baidu car has a screen so wide you can watch and play ps4 games on it, everything can be done using voice recognition. all windows doors are automatic, the cabin feels just like a concept car
but......at what cost?
Beats being reliant on foreign sketchy OIL supply. China is willing to do anything that is better than importing Crude OIL. They are Oil POOR.
What do you mean?
Such a dilemma, the present rich might suffer somewhat and general prosperity could result. Nothing is more anti-American.
🤣🤣🤣🤣🤣BBC your trusted news source!
@@stanwbaker I work for the US arm of a foreign company that builds factory equipment for auto companies. They've had two rounds of layoffs and let go of US engineers and US machinists in favor of sending work to the Chinese arm of the company where the out-of-pocket cost to them after subsidies is less than fast-food workers earn locally, while keeping on all the US-based senior management because they've deemed themselves essential for managing the outsourcing contracts.
The present rich will be fine.
Blame american for not buying more ev. Blame american companies not creating better batteries. Blame warren buffet for investing in byd.
Blame you for not thinking.
Bring it on. Capitalism at its finest
Nope, we're going to blame China.
was looking forward to the opportunity to try a BYD, but with the president and his new boyfriend i don't think that'll be happening
America needs to upgrade their infrastructure in order to get EVs everywhere.
Im pretty sure that the Americans don't have to worry that the Chinese will use the electric cars to map out the American infrastructure... American infrastructure is outdated , in bad condition and nightmare 😂😂....
It was build in the '60's and never maintained or upgraded 😂😂.
It's scary how good Chinese cars will be in 5 years with this rate of innovation and advancement
That's right, it will take their cars a few more months to spontaneously explode than the current crop
@@baronlacroix2980another person brainwashed by the media… sigh
@@secretd5 as opposed to being brainwashed by CCP? Try reading comments from ppl who have actually driven these cars.
@@baronlacroix2980 I literally drive one of these cars and I don’t read any Chinese propaganda…. Dude come on
@@baronlacroix2980 also the reason why I said what I said about you is because I’ve done a lot of studies on media manipulation and understand how f*cked up everyone’s viewpoints have become due to this. I may have a been harsh and direct with my words but I’ve just become so disappointed with people who repeat media rhetoric.
Is this what my dad feels during the rise of Japanese econoboxes? All I'm feeling now is that they're just soulless rc cars, but idk maybe the industry would mature to the point of producing legends of their own just like the Japanese did in the 80s-90s
While I agree with you that early EVs are pretty much soulless compared to a good ICE sports car. Take a look at the Lucid Air Sapphire. That thing gets the heart pumping for sure, though granted the price tag of a home is very steep, but these sports EV will only get cheaper and better as time goes on.
lotus ,xiaomi su7ultra, nio ep9, byd yangwang.
Soul less.. Have you seen their designs
We have been watching the birth of the Asian Century. Now, it's China's turn. The infrastructure the country has built in less than twenty years ranks as the world's eighth wonder. This may be stage one of what China is capable of; the Belt and Road project will dwarf what has already been achieved.
Their membership of the BRICS nations is a significant factor in their new business empire.
Thanks for the excellent video.
Visited China about 5 months ago and it's incredible to see over half the passenger cars are electric with their green license plates. The force of that country to make a decision and make it happen is mind blowing to an American. To China, that is normal. Political will to make it happen
Every autocratic state can do that. We'll keep our liberties, thanks.
@@Pranav_Bhamidipati 你也没有更多自由的，大家其实差不多，都是管控和被管控关系。不要夸大自己的自由哦
Sadly these dope cars will never make it to the US. I already get dirty looks when i use my Huawei laptop at my local Starbucks 😂
The US is in a downward spiral. The banning of Tik Tok is just the beginning of the new cold war. Go China
Anyone comparing cars on youtube has to boast how fast it will accelerate and speed along while at home we have 20 mph speed limits generally, 50 mph on motorways and roads full.
exactly. I grew up in Germany, where top speeds really do matter as drivers there can apply high speeds on autobahn. Here in North America, as long as it can go 90mph thats really all it needs. The rest is just a waste.
We were so owned by big petroleum that we were to late to the EV game and now paying the price to keep the shareholders happy . I want an EV , but I don’t want to pay luxury car prices to get one .
*SEVERAL OF MY NEIGHBOURS HAVE CHINESE CARS* both EV and petrol - I 100% know why they are putting tariffs on them - they are AMAZING
One has a Dongfenc Evo T5 - its €28k and is similar quality to a €65 Audi or BMW. Look it up - looks lie a mini Lambo SUV. I have not driven it but the interior and the paint job are astonishingly high quality
Sure, just like some random Chinese Iufghon smartphone beats Samsung by price and looks just as good (like any other glass brick). Who cares about the actual speed, usability or reliability...
@@watcherit1311 4 cyl 1.5L 200Bhp 7sp Automatic gearbox, 42Mpg, 122 Mph top speed, 0-60 in 8.5 seconds
Sorry dude - they just build better cars than the West but a shockingly LONG way. Im sorry you have cognitive dissonance with the decline of the West - I assume you are Am3ric4n...??? Its over dude - the future is owned by China.
Good luck with that after 6 months.
@@AnotherPointOfView944 He bought it in Jan this year - its fine. Get used to it.
The biggest problem with Chinese cars in Europe was not covered, which is the lack of supply chains for parts. Chinese cars have higher insurance premiums because of the cost of parts, once they get on parity with the dealerships and service centers, then its just the charging stations in each country that affects all EV sales, that will affect their sales. We can start to see this aspect changing but slowly.
the zeekr is another level
Owning a Model Y built in Shanghai.
One has to mention that the quoted range in the Chinese CLTC standard can be 30-40% more generous than EPA, and 20-30% higher than WLTP.
I hope Canada can start importing some of these incredible electric vehicles. Currently, Japanese cars in the market are not only boring but also overpriced.
Canada imposed tariffs . They want usa bidding
@@zacksmith5963Exactly!
😂😂😂
土豆比较喜欢vinfast哈哈哈哈哈哈哈哈哈哈
Here in Australia, we have no local car manufacturing to protect, every car is imported. I’ve only now just started to consider that my next vehicle may be Chinese, seeing the quality and value increase to a point where I’m no longer constrained by previous brand loyalty.
My current vehicle is Korean made, and they for a long time held that mantle of cheap import, but even they can no longer compete.
Yes, the Chinese vehicles are heavily subsidised by the Chinese government, I can only hope that this spurs the competition to actually compete, but I know in the end that many uncompetitive car manufacturers will simply wither and die.
There are no more subsidies now, and the latest data shows that BYD's profit margin is higher than Tesla's.
😂一个简单的算术题，中国年产3000万辆车，中国政府需要补贴多少钱才能让生产商造出大众买的起的车?西方媒体的谎言太荒谬了
China might be winning on the hardware, tech and commercials but their DEI and support of Pride programmes is not as good as American manufacturers. 😅
WTF
Can you hear it? It's the sound of inevitably.....
American automakers could have started selling EV's in the 1980's and dominated the globe by 2000, but the made a mild attempt to build GM's EV1 in 1996, then cancel it when consumer demand went parabolic and the EV1 was set to take over all of GM.
The US has a vested interest to increase the demand for fossil fuels, as the richest moguls profit nicely from it. EV’s in the US were purposely prevented due to this conflict of interest, and still are to a degree.
@@Cloud30000 The reason EV didn't take off was because of practical reasons for the consumer. Filling up a gas car took minutes and gas station infrastructure was widespread. EV's didn't get fast charging until Tesla started putting them out across the nation. So plugging in at home was your only option. I don't even recall a 240 volt or level 2 option back before the turn of the millennium. And then there was winter for most of the northern states of the USA. Extreme cold kills the battery, a problem many EV owners are having to learn. It may not be a problem for those with a garage, but everyone who parks their car on the street will come out to a dead battery by morning.
@@whatthef911 NiMH batteries didn't become popular until the 1990's. Before this, NiCD batteries was the norm and still were throughout the 90's and after the turn of the millennium. Battery tech just wasn't there and it was still expensive to produce and complex to build in mass scale. It is the reason why solid state batteries or graphene batteries aren't a thing despite talking about how they are almost here or just over the horizon for years, which may well be over a decade by now.
There was no fast charging back then either. So consumers would have to charge their EV over night with a charger that would be considered slow by today's standards at home. Range was a problem and so was freezing temperatures for the battery. EV's just weren't practical back then. Hybrid was a more realistic goal. So domination with EV by the 2000 is a fantasy much like how people thought everyone would be riding in flying cars which obviously never happened.
The problem is to this day , EVs are a one trick pony, they can be decent commuters , but as soon as they are taken out of ideal conditions they suck , and regardless of improvements that has not changed.
@@mikldude9376 Disagree, gas cars are a 1 trick pony. They fuel up really fast, that's it, and you can't even do it at home. They are worse at everything else. They literally have to have the engine spinning even if you aren't moving the car, and hundreds of extra parts are needed to solve this problem. Noise, fumes, maintenance, etc. If EV chargers were as fast, cheap, and ubiquitous as gas pumps, the only practicality complaints would be nitpicks.
in the EVs devt., China is a fair and natural competitor. The US now has to handle another asian but this time, they were never friends.
They're not a competitor to us. They are the enemy.
I got a Nissan Leaf, Love it :) will never go backwards to a full petrol car
yea right
@youtubetroll6620 na, I know I'm right. Petrol is a waste of money.
Hybrid is the closest I will drive now, even that's is begrudgingly
China is a net oil importer America is a net oil exporter some people in America. Just don’t think we need electric cars as much as the Chinese know that they do need them
For work, I have to have a vehicle that has all wheel drive and can make a 500 mile trip in 10 hours or less in rural areas, they currently do not have fast chargers. With solid-state batteries, I imagine I’ll be able to switch to an electric truck in about 15 years if more places, install chargers
Holy crap Simon being objective about China and not just dogging the entire country to make a comparison about how cool America is? What a nice change!
Ahhh I guess we couldn't get away from the "they're spying on us through the cars!" bs -_- But on the whole a good video!
in costa rica right now almost 1 in 4 cars that are being buyed are electric and i can tell you anecdotally that 90 percent or more are BYD .. the next big company in the world ... look i dont like the ccp of china but credit where credit is due and we just have to take advantage of the prices right now ,i mean come on ......
i forgot to say they just start in this market around 2022 and right now you can see them everywhere, i will buy one and one solar panel ... what is this sh1t of buying oil .... not for the planet just for my pocket god dam nnnnnnnn
no offense... cyber truck is ugly and problematic... 😂😂😂
that's common feeling for human being
Even the CEO of Ford has a Xiaomi
@1:29 Why would you want to stop it ... and who exactly was thinking of stopping it? Doh ... our favourite warmongers ... of course.
Good job USA 🇺🇸 make sure you stop it. You better stop it.
I live in China, and I'm so happy to see electric vehicles basically dominate the roads in sheer numbers.
Such an awesome change.
Correct Simon.
I mostly wonder how the US will fare. Oil will be rare some day.
Who cares how warmongers fare?
Actually, if the IEA is correct in its predictions, oil will never get rare; instead, it will instead become mostly useless, as using it for fuel or electricity generation will be more expensive than renewable alternatives, to the point extracting it from the ground won't be worth the cost, leaving the big oil companies with trillions of dollars in stranded assets. And yeah, that's trillions with a "T".
@JohnnyWednesday what that term means?
@@JohnnyWednesday Actually, both armed conflicts and the global expenditure on military per GDP has sharply fallen since the 60s. Pax Americana. Wars don't stop if the US stops intervening - they dramatically increase. The norm in history was for every man of every generation to spend time in war. We live in a stable, harmonious time by historical standards, thanks to America.
@@Mk-qb2ny So why most of wars started by America and their people hated America
?
Other EVs might focus on power, but the bZ4X offers a thoughtful balance with its available X-MODE AWD, giving drivers superior traction and control in challenging weather or off-road conditions.