China's Electric Car Industry is Insane

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  • Опубликовано: 20 ноя 2024

Комментарии • 4,2 тыс.

  • @megaprojects9649
    @megaprojects9649  Месяц назад +82

    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.

    • @BrunoDias1234
      @BrunoDias1234 Месяц назад +5

      Please talk about the high speed train in Indonesia 🇮🇩

    • @Sebastian-sl8tu
      @Sebastian-sl8tu Месяц назад +6

      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.

    • @JohnnyWednesday
      @JohnnyWednesday Месяц назад

      ​@@Sebastian-sl8tu - The Americans did the same thing to the Japanese when their car industry boomed. They don't play fair.

    • @Turdferguson972
      @Turdferguson972 Месяц назад +1

      You are a shell of your former self, much like your follicle density.

    • @danielkesseler6106
      @danielkesseler6106 Месяц назад +2

      Please equalize your sound.

  • @frankcoffey
    @frankcoffey Месяц назад +1728

    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?

    • @chadbrownlee3144
      @chadbrownlee3144 Месяц назад +80

      The entire domestic auto industry tanking and thousands of lost jobs.

    • @dexterdr.7020
      @dexterdr.7020 Месяц назад +1

      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

    • @billboein
      @billboein Месяц назад +53

      @@frankcoffey a almost free car will sell no matter how much people don't want them. especially in this economy...

    • @oneman5753
      @oneman5753 Месяц назад +230

      ​​@@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

    • @FLPhotoCatcher
      @FLPhotoCatcher Месяц назад +16

      @@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.

  • @rafaelrp07
    @rafaelrp07 Месяц назад +102

    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...

    • @klowen7778
      @klowen7778 20 дней назад +6

      Perhaps, though 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 dotting the Chinese landscape. 'Saving the planet' indeed!

    • @maddyhashmi
      @maddyhashmi 19 дней назад +4

      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.

    • @smoke5985
      @smoke5985 18 дней назад

      @@klowen7778 cope more you amerifat

    • @gabbonoo
      @gabbonoo 12 дней назад

      @@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.

    • @ryanjuguilon213
      @ryanjuguilon213 8 дней назад

      ​@@klowen7778😅😅😅😅😅

  • @kilburnvideos
    @kilburnvideos Месяц назад +1395

    It's the 1970s and 80s Japanese cars vs the world, all over again. Western car makers learned nothing.

    • @brown_recluse_human3458
      @brown_recluse_human3458 Месяц назад +133

      Quick! Bail out a bunch of failed corporations for uh reasons.

    • @RandomDeforge
      @RandomDeforge Месяц назад +101

      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.

    • @mistermood4164
      @mistermood4164 Месяц назад +318

      @@RandomDeforge what's there to steal with EVs? legacy auto is behind on electric vehicles

    • @Sh4dowgale
      @Sh4dowgale Месяц назад

      @randomdeforge America uses slave labor with the prison system. Also, American companies like Apple also use the slave labor in China.

    • @misledpoet
      @misledpoet Месяц назад +226

      ​@@RandomDeforge you serious? Toyota's first car, the Model AA, was designed by reverse engineering and even using blueprints from Chevy and DeSoto sedans

  • @dannywong2906
    @dannywong2906 Месяц назад +663

    Love how 90% of the commenters here probably never even owned a Chinese car yet alone test driven one but still commenting on it as if they are Chinese car experts. Ignorance is the beginning/downfall of any modern society. Be humble and expose yourself to others things, learn and improve oneself.
    I own a German sedan and a Chinese SUV. Both on PAR. I don't feel the Chinese quality is any less then a BMW. But in fact it has more features at a more competitive price. Go visit your local Chinese dealership before ranting.
    The Chinese have developed a space station by themselves. How hard is it to make a good car compared to a space station?

    • @colebeck43
      @colebeck43 Месяц назад +13

      I want a car that is reliable after 50k miles. Won’t be looking at anything German or Chinese… EDIT- or American for those crying and saying I need to “humble myself”😂

    • @mohba01
      @mohba01 Месяц назад +16

      There are no consumables in a space station and it has a much longer life cycle. Also usually you only build one at best. Cars are a lot tougher than you think and not to mention the is no after sales services for a space station. Apples and pumpkin seeds comparison.

    • @tfk884
      @tfk884 Месяц назад

      As A BORN & RAISED AMERICAN CITIZEN. I call it what it is, pure r*cism fuels this. Americans are so r*cist that; at the same time they believe the stereotype that all Asians are good at math/science/engineering, they cannot believe Chinese are smart enough to create their own tech. Its pure r*cism

    • @renoirrandy7241
      @renoirrandy7241 Месяц назад +2

      ​@mohba01 the world is changing

    • @nandoli6408
      @nandoli6408 Месяц назад +24

      @@mohba01whatever german cars are dying, American cars are dying, Japanese cars are next

  • @eugp4198
    @eugp4198 Месяц назад +529

    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..

    • @wision888
      @wision888 Месяц назад +9

      宝腾。莲花。沃尔沃都是被吉利收购,

    • @SF-eo6xf
      @SF-eo6xf Месяц назад +2

      dream on

    • @markliu9698
      @markliu9698 Месяц назад +19

      Lotus has been sold to Geely 100%.
      Volvo car except Volvo truck 100% owned by Geely.
      49% Proton share has been sold to Geely.

    • @shilongtang549
      @shilongtang549 Месяц назад +6

      proton also sold in pakistan

    • @DK-yz9xk
      @DK-yz9xk Месяц назад +30

      @@SF-eo6xfhe literally tells you what’s happening in Malaysia, you can’t accept it? Why don’t u counter him then? 😂

  • @fdjw88
    @fdjw88 Месяц назад +547

    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.

    • @MikeKlaar
      @MikeKlaar Месяц назад +23

      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.

    • @huangec
      @huangec Месяц назад +17

      Exactly! I want a front seat enjoying watching the decline from all that ignorance.

    • @DewtbArenatsiz
      @DewtbArenatsiz Месяц назад +20

      ​@@MikeKlaarlots of MG here in UK

    • @maknavickas
      @maknavickas Месяц назад +4

      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.

    • @MikeKlaar
      @MikeKlaar Месяц назад +5

      @@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.

  • @Ianmundo
    @Ianmundo Месяц назад +656

    I own a Shanghai-built Tesla. When you live in a country that doesn’t build cars, Chinese EVs are very difficult to ignore

    • @BlindedByLogic
      @BlindedByLogic Месяц назад +93

      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.

    • @mikldude9376
      @mikldude9376 Месяц назад +23

      @@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.

    • @kamsunleong6648
      @kamsunleong6648 Месяц назад +77

      ​@@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.

    • @markbennett6658
      @markbennett6658 Месяц назад +65

      @@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.

    • @pc168
      @pc168 Месяц назад +18

      @@mikldude9376how many ev fires have you personally seen to believe it?

  • @洛齐-k9w
    @洛齐-k9w Месяц назад +188

    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

    • @supadupahilton6848
      @supadupahilton6848 Месяц назад +7

      I live in the US. My BMW i3 costs $0.00 to run from solar panels😉

    • @jemler3speak
      @jemler3speak Месяц назад

      ​​@@supadupahilton6848That golf cart can drive to yours kids' kindergarden, that's about it

    • @RandomBb56
      @RandomBb56 Месяц назад +19

      @@supadupahilton6848oh solar power is free?? Thanks for the info 🤓😂

    • @wgemini4422
      @wgemini4422 Месяц назад +39

      @@supadupahilton6848 Are those panels made in China? :D

    • @supadupahilton6848
      @supadupahilton6848 Месяц назад

      @@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😂😂😂

  • @GreenDistantStar
    @GreenDistantStar Месяц назад +68

    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.

    • @adamconner9302
      @adamconner9302 5 дней назад +1

      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

    • @GreenDistantStar
      @GreenDistantStar 4 дня назад

      @@adamconner9302 you buy an EV with a LFP battery, problem solved, I recommend BYD.

    • @stanleywang7367
      @stanleywang7367 3 дня назад +3

      @@adamconner9302 chinese evs sold in the eu pass the same certifications that western manufacturers do. you're a troll bot lmao

  • @markliu9698
    @markliu9698 Месяц назад +161

    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.

  • @ichifish
    @ichifish Месяц назад +214

    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.

    • @timotheusvanesch3959
      @timotheusvanesch3959 Месяц назад +5

      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?

    • @svenhaheim
      @svenhaheim Месяц назад +1

      And idiots are buying them.

    • @thyristo
      @thyristo Месяц назад +3

      ...light city transport, buses, construction machinery, trains.

    • @thyristo
      @thyristo Месяц назад +2

      ​@@timotheusvanesch3959guess why: saves tons of money...now even more than in 2018.

    • @greatestever9616
      @greatestever9616 Месяц назад +4

      ​@@timotheusvanesch3959same. Cities were extremely quiet.

  • @nderezic
    @nderezic Месяц назад +104

    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
      @Naikomi95 Месяц назад +4

      @@nderezic I think you switched up your sentences😂
      No Chinese car would ever run without the parts provided by basf, Bosch or ZF 😂

    • @Naikomi95
      @Naikomi95 Месяц назад +2

      @@nderezic every Chinese Batterie is build with electrodes provided by basf, lol😂

    • @nderezic
      @nderezic Месяц назад +8

      @@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)

    • @Naikomi95
      @Naikomi95 Месяц назад +1

      @@nderezic why do you lie? Basf Provides for example all of the Cathode Active Materials to FinDreams and CATL😂

    • @gideonworship6124
      @gideonworship6124 Месяц назад +12

      ​@@Naikomi95 Pure western copium 😂😂😂

  • @Lancin1987
    @Lancin1987 Месяц назад +75

    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? 😊

    • @DazedandInsane
      @DazedandInsane Месяц назад +3

      You know EVs are far worse for the environment, right?

    • @iNKED2000
      @iNKED2000 Месяц назад +15

      ​@@DazedandInsane Those experts who said that are all funded by petroleum big bosses.

    • @RiteMoEquations
      @RiteMoEquations Месяц назад

      Fortunately, Washington, DC has mostly made that decision for you. A Tesla is at least made in this hemisphere.

    • @JohnnyWednesday
      @JohnnyWednesday Месяц назад +4

      ​@@DazedandInsane - Can you please link us to your doctorial thesis on the impacts of industry on the environment?

    • @DazedandInsane
      @DazedandInsane Месяц назад

      @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

  • @godzillamothra5983
    @godzillamothra5983 Месяц назад +200

    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.

    • @fdjw88
      @fdjw88 Месяц назад

      21 nuclear power plants are already planned.

    • @billboein
      @billboein Месяц назад +14

      @@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

    • @sullivanrachael
      @sullivanrachael Месяц назад

      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.

    • @wenbo595
      @wenbo595 Месяц назад +7

      ​@billboein until this year. It's trending towards end of fossil fuel

    • @FabioCapela
      @FabioCapela Месяц назад +21

      @@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.

  • @horridohobbies
    @horridohobbies Месяц назад +193

    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.

    • @DewtbArenatsiz
      @DewtbArenatsiz Месяц назад +13

      Western governments work through vested interests which always precludes the best technical solution

    • @anthonyjarvis9472
      @anthonyjarvis9472 Месяц назад

      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!

    • @petterskjolden6884
      @petterskjolden6884 Месяц назад +3

      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.

    • @horridohobbies
      @horridohobbies Месяц назад +7

      @@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.

    • @markp8686
      @markp8686 Месяц назад

      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

  • @gundamzerostrike
    @gundamzerostrike Месяц назад +290

    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).

    • @mrlloyd149
      @mrlloyd149 Месяц назад +44

      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

    • @VHTF_
      @VHTF_ Месяц назад

      Mesmo onde?

    • @annan7728
      @annan7728 Месяц назад +1

      Controlling good and cheap products in the market. Do you want such a government to take you?

    • @Naikomi95
      @Naikomi95 Месяц назад +4

      They don't cost half the price, they are subsidised by the Chinese government 😂

    • @applebee9060
      @applebee9060 Месяц назад +30

      @@Naikomi95who cares whether they are subsidised or not. As long as the price is fair, I’m all for it

  • @Souchirouu
    @Souchirouu Месяц назад +140

    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
      @BlindedByLogic Месяц назад +5

      Not needed, some batteries charge 300 miles in 10 minutes now and the charge speed is only getting better.

    • @mikldude9376
      @mikldude9376 Месяц назад +11

      @@BlindedByLogichave you personally seen one charge 300 miles in ten minutes ?
      That claim is highly dubious my friend.

    • @tookay5
      @tookay5 Месяц назад +3

      @@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.

    • @tookay5
      @tookay5 Месяц назад +6

      @@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.

    • @amitpatro1894
      @amitpatro1894 Месяц назад +2

      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.

  • @trevorreniger5670
    @trevorreniger5670 Месяц назад +61

    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.

    • @artboymoy
      @artboymoy Месяц назад

      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
      @thomaszhang3101 Месяц назад +3

      @@artboymoyso instead of increasing subsidies for local car brands, the US slaps tariff on foreign cars? Nice, makes the consumer pay the price.

    • @artboymoy
      @artboymoy Месяц назад +1

      @@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.

    • @留在时光里的人
      @留在时光里的人 Месяц назад

      Does the US people are voluntarily caused by government exploitation? Ok, I understand.

  • @sebastian_arroyave_author
    @sebastian_arroyave_author Месяц назад +13

    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

  • @888YangJi
    @888YangJi Месяц назад +180

    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.

    • @AGuyIn
      @AGuyIn Месяц назад +4

      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
      @PhilRable Месяц назад +2

      But, will they make a profit when the government stops subsidising them?

    • @oemcargps
      @oemcargps Месяц назад +14

      @@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.

    • @alphaomega1969
      @alphaomega1969 Месяц назад

      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.😎

    • @frankwei8691
      @frankwei8691 Месяц назад +7

      ​@@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.

  • @greaterbayareahero1401
    @greaterbayareahero1401 Месяц назад +142

    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.

    • @sircharlessinderhorn3452
      @sircharlessinderhorn3452 Месяц назад +27

      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.

    • @artboymoy
      @artboymoy Месяц назад

      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.

    • @JonySmith-bb4gx
      @JonySmith-bb4gx Месяц назад

      Nope . USA is . China is not even in top 10b​@@artboymoy

    • @artboymoy
      @artboymoy Месяц назад

      @@JonySmith-bb4gx LOL. A simple Google search would tell you you're wrong. "Which country emits the most greenhouse gases?" BOOM CHINA #1.

    • @greatestever9616
      @greatestever9616 Месяц назад +11

      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.

  • @hajjimubarak
    @hajjimubarak Месяц назад +605

    America: If we're not winning the game is rigged

    • @dwe4
      @dwe4 Месяц назад

      Chinese companies engage heavily in stealing IP from companies in the US and Europe.

    • @mattsiede443
      @mattsiede443 Месяц назад +1

      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.

    • @Madmas27
      @Madmas27 Месяц назад +32

      See also: Ford, Crysler etc lobbying against EVs and "Tarrifs" on Chinese EVs because software.. (but not on IPhones..)

    • @SR-pr2xz
      @SR-pr2xz Месяц назад +79

      @@mattsiede443 🤣 in other words, freemarkets and level playing fields are only applicable when the US can lead, otherwise, we shouldn't play the game.

    • @CRAZYCR1T1C
      @CRAZYCR1T1C Месяц назад

      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”

  • @shaunstst
    @shaunstst Месяц назад +197

    In Australia I am seeing these Chinese electric cars everywhere. And definitely getting pushed on Australian automotive youtube channels, it seems.

    • @PetrPechar1975
      @PetrPechar1975 Месяц назад +9

      New Zealand is the same.

    • @remix-yy1hs
      @remix-yy1hs Месяц назад

      Maybe because china buys everything from you. Without china you would go broke. Where is your american submarines?

    • @Ahmednagy157
      @Ahmednagy157 Месяц назад +14

      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.

    • @morantaylor
      @morantaylor Месяц назад +36

      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.

    • @jonasmelander
      @jonasmelander Месяц назад +13

      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.

  • @Tdzzz450
    @Tdzzz450 Месяц назад +33

    Why isn’t the US population worried about their assembled/made in China phones yet worried about cars going rogue?

    • @TacticalMayo
      @TacticalMayo Месяц назад

      You think that's something. Wait till you see everyone starting enlisting.

    • @strategicfooyouagencyfirst8197
      @strategicfooyouagencyfirst8197 27 дней назад +6

      ​@@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.

    • @strategicfooyouagencyfirst8197
      @strategicfooyouagencyfirst8197 27 дней назад

      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.

    • @jonathancunningham8739
      @jonathancunningham8739 16 дней назад

      Because those items follow regulation however domestic Chinese brands do not.

    • @VaioletteWestover
      @VaioletteWestover День назад

      Cars impact the wealth of the ultra rich that stole 65% of AMerica's wealth.

  • @mattvjmeasures
    @mattvjmeasures Месяц назад +36

    A friend of mine has just bought a BYD Atto 3 and it us lovely. Its a bloody spaceship 🙂

    • @arcrides6841
      @arcrides6841 Месяц назад

      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.

    • @remix-yy1hs
      @remix-yy1hs Месяц назад

      ​@@arcrides68415 star European ncap. They are very safe.

    • @abcJ-q4v
      @abcJ-q4v Месяц назад

      @@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

    • @arcrides6841
      @arcrides6841 29 дней назад

      @@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

  • @PJRye
    @PJRye Месяц назад +85

    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.

    • @auggysimcity
      @auggysimcity Месяц назад +4

      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 .....

    • @Praisethesunson
      @Praisethesunson Месяц назад

      @@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.

    • @PJRye
      @PJRye Месяц назад +2

      @@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.

    • @yezih2694
      @yezih2694 Месяц назад +6

      @@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.

    • @yezih2694
      @yezih2694 Месяц назад +2

      @@auggysimcity​​⁠I 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.

  • @rickrys2729
    @rickrys2729 Месяц назад +204

    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?

    • @shonnicus2607
      @shonnicus2607 Месяц назад

      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
      @MaximGhost Месяц назад +8

      One word ... tariffs.

    • @Quakez0r
      @Quakez0r Месяц назад

      @@MaximGhost Your solution is to force your own people to pay more for better, environmentally safer alternatives to your outdated technology?

    • @michaeloreilly657
      @michaeloreilly657 Месяц назад +37

      ​@@MaximGhost Tariffs - a temporary solution to a permanent problem.

    • @Neojhun
      @Neojhun Месяц назад +6

      @@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.

  • @wli2718
    @wli2718 Месяц назад +65

    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.

    • @antwango
      @antwango Месяц назад +3

      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

    • @vlada
      @vlada Месяц назад

      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.

    • @Jin88866
      @Jin88866 Месяц назад

      Xiaomi and huawei don’t make their own cars. Saic and other car manufacturers make them, it’s just rebranding.

    • @wli2718
      @wli2718 Месяц назад

      @@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.

    • @skierpage
      @skierpage Месяц назад

      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.

  • @soonny002
    @soonny002 Месяц назад +140

    Ok China, do electric planes next.

    • @tonywei423
      @tonywei423 Месяц назад +37

      already there, EH eVTOL start testing commercial flight in Shenzhen and will open more route next year.

    • @cool_things_collection
      @cool_things_collection Месяц назад +14

      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.

    • @cool_things_collection
      @cool_things_collection Месяц назад +24

      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.

    • @princegeorge13
      @princegeorge13 Месяц назад +6

      ​@@cool_things_collection that's incredible...I will really love to visit there someday

    • @calicojack3628
      @calicojack3628 Месяц назад

      They can't until someone else does it first so they can steal the tech.

  • @murenorocha
    @murenorocha Месяц назад +35

    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.

    • @FabioCapela
      @FabioCapela Месяц назад +3

      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.

  • @DigitalDesignET
    @DigitalDesignET Месяц назад +54

    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 .

    • @ChellyB71
      @ChellyB71 Месяц назад +4

      If true, the EU will need to increase their fire brigades ability to deal with Chinese EV battery fires!

    • @JohnnyWednesday
      @JohnnyWednesday Месяц назад +39

      @@ChellyB71 - There are many, many videos of Teslas on fire.

    • @AlphaHorst
      @AlphaHorst Месяц назад +28

      ​@@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.

    • @tylerchrist3249
      @tylerchrist3249 Месяц назад +2

      @@JohnnyWednesday for every 1 Tesla fire video, there's 50 Chinese EV fire videos, you donut.

    • @markotrieste
      @markotrieste Месяц назад +24

      ​@@ChellyB71LiFePo batteries are almost immune to fires. Don't fall for the FUD from oil companies.

  • @jerrymarshall2728
    @jerrymarshall2728 Месяц назад +65

    I tell my U.S. friends that if China figures out how to get their cars (gas and electric), the U.S. auto industry is finished!
    We have a LOT of Chinese autos here in the Philippines, and frankly, they're as good, or better, than the Japanese and American vehicles we're getting here, at a lower cost!

    • @BigSnipp
      @BigSnipp Месяц назад +3

      If China gets their own cars, how does this affect the US?

    • @SniperSnake50BMG
      @SniperSnake50BMG Месяц назад +11

      Totally agree with you. It's the same here in South America.

    • @林振华-t4v
      @林振华-t4v Месяц назад +4

      ​@@BigSnippnothing, the CEO might miss their bonus. That is about all.

    • @gerardrbain1972
      @gerardrbain1972 Месяц назад +4

      ​@@SniperSnake50BMGThe same for The Bahamas 🇧🇸

    • @JC-sl7bs
      @JC-sl7bs Месяц назад +3

      ​@@BigSnipp Ask the US administration why bother to kick in tariff against Chinese Cars then?

  • @fredfrond6148
    @fredfrond6148 Месяц назад +43

    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)

    • @brandonpearson1762
      @brandonpearson1762 Месяц назад

      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.

    • @marvinfok65
      @marvinfok65 Месяц назад +4

      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.

    • @Cyclopsonlyseeshisdeath
      @Cyclopsonlyseeshisdeath Месяц назад

      Why is that scary? It's awesome, apart from the fact all the Western leaders are compromising what we can get because of "chyna"

    • @fredfrond6148
      @fredfrond6148 Месяц назад +1

      @@marvinfok65 yes Toyota has licensed BYD’s hybrid technology.

    • @supadupahilton6848
      @supadupahilton6848 Месяц назад

      ​@@fredfrond6148At least make your lies believable. Like the Japanese would let that #@# anywhere near their island?

  • @zsoltnyuzo6602
    @zsoltnyuzo6602 Месяц назад +5

    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.

  • @RandomDeforge
    @RandomDeforge Месяц назад +383

    CMilk and SerpentZA will have a heart attack when they see this video.

    • @yulusleonard985
      @yulusleonard985 Месяц назад

      Those people are paid by Falun Gong cult

    • @LotusesGalaxyOcean
      @LotusesGalaxyOcean Месяц назад +31

      My exact thought. CCP CCP CCP.

    • @ChristianHau
      @ChristianHau Месяц назад +77

      Heart attacks seem fun with some of the $1.6 billion they get from the US. 😂😂😂

    • @Yeet42069
      @Yeet42069 Месяц назад +57

      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.

    • @eman67rp
      @eman67rp Месяц назад

      None of his content is good ​@@Yeet42069

  • @anthonyc8499
    @anthonyc8499 Месяц назад +23

    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.

  • @jituteron
    @jituteron Месяц назад +10

    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.

    • @markdc1145
      @markdc1145 Месяц назад +2

      It's not often that Lucid sells a car though.

    • @kristofvoros6120
      @kristofvoros6120 8 дней назад

      Just like Chinese brands (except maybe for BYD)

  • @Bio33-lg2bh
    @Bio33-lg2bh Месяц назад +8

    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.

  • @henryzhang9915
    @henryzhang9915 Месяц назад +28

    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.

    • @NLJeffEU
      @NLJeffEU Месяц назад +5

      We do its just that western car makers didnt get 350bil in government investments...

    • @jessez8503
      @jessez8503 Месяц назад

      ​​@@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.

    • @sinocare
      @sinocare Месяц назад

      @@NLJeffEU20 years and 2 trillions US$ + 5000 American lives were dumped into to Afghanistan. Bad choice has consequences.

    • @Soras_
      @Soras_ 29 дней назад

      ​@@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.

    • @kda3113
      @kda3113 24 дня назад

      ​@NLJeffEU that's not a good excuse, Western governments always subsidise their companies.

  • @timothyrockwell2638
    @timothyrockwell2638 Месяц назад +6

    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.

  • @keso_de_bola1750
    @keso_de_bola1750 Месяц назад +23

    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.

    • @TacticalMayo
      @TacticalMayo Месяц назад +1

      Oh the US doesn't take that approach. Nope, we take the military approach.

  • @Thankyoumood
    @Thankyoumood Месяц назад +48

    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

    • @Naikomi95
      @Naikomi95 Месяц назад

      Chinese cars are worse and more expensive then European ones

    • @artboymoy
      @artboymoy Месяц назад +2

      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.

    • @calicojack3628
      @calicojack3628 Месяц назад +3

      easy to sell something cheap when you stole the technology to develop it and don't have to worry about R&D costs.

    • @ec0928
      @ec0928 28 дней назад

      ​@@calicojack3628Oh? Is that why Elon Musk admits Chinese EVs are good? You're such a goober

  • @ubiratamuniz
    @ubiratamuniz Месяц назад +4

    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
      @firewoodlake 26 дней назад

      How do you charge them in Brazil?

    • @ubiratamuniz
      @ubiratamuniz 25 дней назад

      @@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.

  • @FabioCapela
    @FabioCapela Месяц назад +7

    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).

  • @smadge1
    @smadge1 Месяц назад +3

    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.

    • @刘卫皇-v2j
      @刘卫皇-v2j Месяц назад

      There are no more subsidies now, and the latest data shows that BYD's profit margin is higher than Tesla's.

    • @西风吹不乱
      @西风吹不乱 Месяц назад +2

      😂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

  • @ichifish
    @ichifish Месяц назад +51

    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."

    • @Mk-qb2ny
      @Mk-qb2ny Месяц назад +1

      No. EV sales are down. People aren't interested in them.

    • @frequentlycynical642
      @frequentlycynical642 Месяц назад +12

      @@Mk-qb2ny Those new fangled horseless carriages will never catch on. Mark my words!

    • @birdyashiro1226
      @birdyashiro1226 Месяц назад +5

      @@Mk-qb2ny You ok?

  • @nicholaswouters1203
    @nicholaswouters1203 Месяц назад +11

    Quick correction.. Elon Musk is not the founder of Tesla, it was founded in July 2003 by Martin Eberhard and Marc Tarpenning

    • @amosbatto3051
      @amosbatto3051 Месяц назад +3

      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.

    • @AS-gx4qg
      @AS-gx4qg Месяц назад

      I can add that the shell company that became Tesla was named Tesla under Musk

  • @BKKfreak
    @BKKfreak 4 дня назад +1

    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.

  • @TheTsaqif
    @TheTsaqif Месяц назад +6

    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

    • @absboodoo
      @absboodoo Месяц назад

      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.

  • @ps3301
    @ps3301 Месяц назад +14

    Blame american for not buying more ev. Blame american companies not creating better batteries. Blame warren buffet for investing in byd.

  • @Sam-hr4dd
    @Sam-hr4dd 26 дней назад +7

    no offense... cyber truck is ugly and problematic... 😂😂😂

    • @jesse89625
      @jesse89625 24 дня назад +1

      that's common feeling for human being

  • @johngreen1907
    @johngreen1907 Месяц назад +1

    Viewing suggestion - go to settings of the video and change the speed from "normal" to ".75" to counteract the unintelligible parts of the narration. Great subject by the way.

  • @seekan88
    @seekan88 Месяц назад +4

    Chinese EVs are unstoppable, period. Can't wait to drive one in the US 🎉

  • @santiagol9008
    @santiagol9008 Месяц назад +2

    the zeekr is another level

  • @888YangJi
    @888YangJi Месяц назад +31

    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.

    • @watcherit1311
      @watcherit1311 Месяц назад

      Easy access to new technologies due to manufacturing contracts and disregard of patents definitely helped there.

    • @Western_Decline
      @Western_Decline Месяц назад +9

      @@watcherit1311China owns better battery technology now. You gonna keep crying?

    • @Omar-kl3xp
      @Omar-kl3xp Месяц назад

      ⁠​⁠@@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 .

    • @YSKWatch
      @YSKWatch Месяц назад +1

      ​@@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?!

    • @showcaseSampa
      @showcaseSampa Месяц назад

      Very insightful. Thanks.
      I better hurry up on my Mandarin. On a personal note.

  • @nevillesam8526
    @nevillesam8526 День назад +1

    How many RUclips channels has this guy got, I see his little shiny head popping up everywhere

    • @kenakiruri8340
      @kenakiruri8340 День назад

      Haha, I wanted to learn more about Chinese Evs and also was like wtf. I think he is smart and runs a huge media company at this point.

  • @Whyunounderstand
    @Whyunounderstand Месяц назад +37

    It's scary how good Chinese cars will be in 5 years with this rate of innovation and advancement

    • @baronlacroix2980
      @baronlacroix2980 Месяц назад

      That's right, it will take their cars a few more months to spontaneously explode than the current crop

    • @secretd5
      @secretd5 Месяц назад +7

      @@baronlacroix2980another person brainwashed by the media… sigh

    • @baronlacroix2980
      @baronlacroix2980 Месяц назад +1

      @@secretd5 as opposed to being brainwashed by CCP? Try reading comments from ppl who have actually driven these cars.

    • @secretd5
      @secretd5 Месяц назад +3

      @@baronlacroix2980 I literally drive one of these cars and I don’t read any Chinese propaganda…. Dude come on

    • @secretd5
      @secretd5 Месяц назад +3

      @@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.

  • @cameronmcdaniel105
    @cameronmcdaniel105 Месяц назад +7

    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

    • @Pranav_Bhamidipati
      @Pranav_Bhamidipati Месяц назад

      Every autocratic state can do that. We'll keep our liberties, thanks.

    • @HouseDaw
      @HouseDaw Месяц назад +1

      @@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

  • @dicky-duck6632
    @dicky-duck6632 Месяц назад +53

    but......at what cost?

    • @Neojhun
      @Neojhun Месяц назад

      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.

    • @MrDebour
      @MrDebour Месяц назад

      What do you mean?

    • @stanwbaker
      @stanwbaker Месяц назад +5

      Such a dilemma, the present rich might suffer somewhat and general prosperity could result. Nothing is more anti-American.

    • @fdjw88
      @fdjw88 Месяц назад +7

      🤣🤣🤣🤣🤣BBC your trusted news source!

    • @jameslake7775
      @jameslake7775 Месяц назад +4

      @@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.

  • @BBNFong
    @BBNFong Месяц назад +1

    Driver of Tesla performance and GWM Ora here. Can attest to the quality and economy of Chinese EVs.

  • @SilkStorm_101
    @SilkStorm_101 Месяц назад +5

    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.

  • @piccalillipit9211
    @piccalillipit9211 Месяц назад +7

    *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

    • @watcherit1311
      @watcherit1311 Месяц назад

      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...

    • @piccalillipit9211
      @piccalillipit9211 Месяц назад

      @@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.

    • @AnotherPointOfView944
      @AnotherPointOfView944 Месяц назад

      Good luck with that after 6 months.

    • @piccalillipit9211
      @piccalillipit9211 Месяц назад +1

      @@AnotherPointOfView944 He bought it in Jan this year - its fine. Get used to it.

  • @Ulfhednir9
    @Ulfhednir9 Месяц назад +10

    I got a Nissan Leaf, Love it :) will never go backwards to a full petrol car

    • @youtubetroll6620
      @youtubetroll6620 Месяц назад

      yea right

    • @Ulfhednir9
      @Ulfhednir9 Месяц назад

      @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

  • @andyliu7922
    @andyliu7922 Месяц назад

    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

  • @mickeydodds1
    @mickeydodds1 Месяц назад +2

    An excellent, timely and profound presentation.
    Tip my hat to you, Simon.
    Should be required viewing for all serious people.

  • @whatthef911
    @whatthef911 Месяц назад +13

    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.

    • @Cloud30000
      @Cloud30000 Месяц назад +8

      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.

    • @bl8danjil
      @bl8danjil Месяц назад

      @@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.

    • @bl8danjil
      @bl8danjil Месяц назад +2

      @@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.

    • @mikldude9376
      @mikldude9376 Месяц назад +1

      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.

    • @BikemanSuperfast
      @BikemanSuperfast Месяц назад +3

      @@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.

  • @rvllctt871
    @rvllctt871 Месяц назад +10

    @1:29 Why would you want to stop it ... and who exactly was thinking of stopping it? Doh ... our favourite warmongers ... of course.

    • @TacticalMayo
      @TacticalMayo Месяц назад

      Good job USA 🇺🇸 make sure you stop it. You better stop it.

  • @ignitionfrn2223
    @ignitionfrn2223 Месяц назад

    1:30 - Mid roll ads
    3:05 - Chapter 1 - Becoming a giant
    10:05 - Chapter 2 - Autos, trucks & buses
    18:00 - Chapter 3 - Titans of industry

  • @Campaigner82
    @Campaigner82 Месяц назад +8

    Correct Simon.
    I mostly wonder how the US will fare. Oil will be rare some day.

    • @JohnnyWednesday
      @JohnnyWednesday Месяц назад +1

      Who cares how warmongers fare?

    • @FabioCapela
      @FabioCapela Месяц назад

      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".

    • @SniperSnake50BMG
      @SniperSnake50BMG Месяц назад

      ​@JohnnyWednesday what that term means?

    • @Mk-qb2ny
      @Mk-qb2ny Месяц назад

      @@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.

    • @TacticalMayo
      @TacticalMayo Месяц назад

      How we will fare? You're acting like we will sit here calmly and quietly and accept.

  • @寒冬已至
    @寒冬已至 Месяц назад +11

    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.

    • @zacksmith5963
      @zacksmith5963 Месяц назад +1

      Canada imposed tariffs . They want usa bidding

    • @eleghari
      @eleghari Месяц назад

      ​@@zacksmith5963Exactly!

    • @Naikomi95
      @Naikomi95 Месяц назад

      😂😂😂

    • @birdyashiro1226
      @birdyashiro1226 Месяц назад

      土豆比较喜欢vinfast哈哈哈哈哈哈哈哈哈哈

  • @KurtAbalos-ve7lp
    @KurtAbalos-ve7lp Месяц назад +4

    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.

    • @TacticalMayo
      @TacticalMayo Месяц назад

      They're not a competitor to us. They are the enemy.

  • @peterfox6159
    @peterfox6159 Месяц назад

    Absolutely incredible!
    I was not aware of ANY of this. Most of this information is kept hush hush, here in Europe.
    Loved the video ❤ Thx!

  • @quito787
    @quito787 Месяц назад +6

    It's impressive, but EV cars are not taking off around the world... the electric charging infrastructure and power grids in most cities are not ready for EVs. So it will probably take some years. ICE vehicles are still the better purchase, with better resale value.

    • @ulooqulg
      @ulooqulg Месяц назад +3

      You commute like 300km per day frm home to work?.

    • @kenoliver8913
      @kenoliver8913 Месяц назад +1

      In the first half of this year there were 32% more EVs sold around the world than in the first half of 2023 (source: IEA). The majority of them were Chinese. This is in spite of the fact that the Chinese economy is quite sick ATM - ICE sales in China (the world's biggest car market) are WAY down on last year. It is true EVs are not taking off as fast as people thought they would inside the US (though even there sales are growing) but the US is less than 20% of the world car market. In most of the world they are visibly taking over.

    • @Demopans5990
      @Demopans5990 Месяц назад

      ​@@ulooqulg
      Par the course in the US

  • @Leonitus333
    @Leonitus333 Месяц назад +5

    INCREDIBLE!!

  • @willemdebeer2507
    @willemdebeer2507 Месяц назад +3

    Very informative video. Been in china for 10years. You are correct about most things. But tesla sales are good here, extremely good because it's 'American'. It's all about image here.. Driving a Tesla carries more status than driving a Chinese EV

    • @hpmoxie4660
      @hpmoxie4660 Месяц назад +1

      Change carries to carried😂

    • @nahlene1973
      @nahlene1973 Месяц назад +2

      Yes and no, most people will consider some domestic brands like YangWang, or higher end models from Li or Nio more luxurious. Tesla is more of a 'getaway' status symbol--- it gets you a good image without actually spending much.

  • @sejengkalsehasta3211
    @sejengkalsehasta3211 24 дня назад

    The game changer in the EV industry is the one that can produce a very good car at a very cheap price...

  • @shaqisumari304
    @shaqisumari304 Месяц назад +7

    Subsidies that works

    • @frankcoffey
      @frankcoffey Месяц назад +3

      To be fair the 2008 bailout of the US auto companies worked too, GM sales in China went up one million per year after that. Buick was a top brand there.

  • @PurposefullyIneloquent
    @PurposefullyIneloquent Месяц назад +10

    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!

    • @PurposefullyIneloquent
      @PurposefullyIneloquent Месяц назад +1

      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!

  • @cosimomancio7Os8Os9Os
    @cosimomancio7Os8Os9Os Месяц назад +7

    I CAN ONLY SAY THANK YOU TO THE CHINESE GOVERNMENT TO DO WHAT THE E.U. WAS SUPPOSED TO DO! 😠 THE TRANSITION TO ELECTRIC ⚡💡😴😴😴🇪🇺😴😴😴

    • @timotheusvanesch3959
      @timotheusvanesch3959 Месяц назад

      EU is still supposed to do so, no?
      If I'm correct, no new ICE is allowed to be sold after 2035?
      Or has that rule been retracted?

    • @DewtbArenatsiz
      @DewtbArenatsiz Месяц назад

      ​@@timotheusvanesch3959but where was the EU during the development process

  • @ericgregori
    @ericgregori Месяц назад +2

    Now do an AD for Tesla. The best-selling car in the world.
    The Tesla Model Y is the best-selling car in the world in 2023, with over 1.15 million sales. The Model Y's sales growth was fueled by price cuts in late 2022 and early 2023, and it was the best-selling car in both the first and second quarters of 2023

    • @timotheusvanesch3959
      @timotheusvanesch3959 Месяц назад +1

      That's not the point.
      Point is, that half of those Tesla's are ALSO produced in China.
      And that Tesla is now fighting against Geely, SAIC & BYD.
      And NIO and all those other Chinese brands heavily investing in expansion.
      We already see the results over here in Belgium; NIO is bidding on the AUDI factory in Brussels, since AUDI is losing out on the market and the factory is going to close down.

    • @DewtbArenatsiz
      @DewtbArenatsiz Месяц назад +1

      Correct all Tesla's sold here in the UK are made in China

  • @RAM_Inspiration
    @RAM_Inspiration Месяц назад +4

    Simon i love your shirt what brand is it?

  • @SteveGamesplayer
    @SteveGamesplayer Месяц назад +4

    SIAC are the biggest in China, biggest revenue they also own CATL the biggest battery manufacturer in the world, do your research better.

    • @MrZocker92
      @MrZocker92 Месяц назад

      No "SIAC" dont own CATL

  • @rioluna6058
    @rioluna6058 Месяц назад +6

    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 ......

    • @rioluna6058
      @rioluna6058 Месяц назад +2

      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

  • @jaredkennedy6576
    @jaredkennedy6576 Месяц назад +1

    I want that MG Cyber GTS.
    Holy crap that has some gorgeous lines.

  • @JJ-3721
    @JJ-3721 Месяц назад +4

    I left china 25 years ago now living in the US. The development of China continues to amaze me. Chinese may not be the smartest. But the combination of good brain + hard working + work ethics and discipline + strong drive + structural efficiency is deadly. Compared to Japan and Korea, china faces unprecedented challenges as it's now chosen as the no.1 enemy of the US. Years passed, under suppressing, China is still breathing, and growing.

    • @timotheusvanesch3959
      @timotheusvanesch3959 Месяц назад +1

      Main problem to me is their suppression of the population, though.
      I've never been more shocked than driving through ruZZia and western China.
      People not allowed to talk, visible evidence of the Uyghur concentration camps, turning ethnic minorities into amusement parks for Han-Chinese, etc.
      (ruZZia was just incredibly creepy, outside of the cities)

    • @JJ-3721
      @JJ-3721 Месяц назад

      @@timotheusvanesch3959 I've been there. "not allowed to talk" ? lol I don't think so. "concentration camps" may not be the best terminology as it can be very misleading. I don't support such "training camps" but are you aware of the context? i.e., the series of terrorist attacks?

    • @寒冬已至
      @寒冬已至 Месяц назад

      ​@@timotheusvanesch3959 For individuals who are skeptical about the portrayal of population suppression in Xinjiang by Western media and doubt the authenticity of the travel videos emerging from the region, a personal visit could be enlightening. Some individuals depicted as victims in Western media may actually be actors hired to slander, potentially influenced by funding like that from the H.R.1157 bill.

    • @timotheusvanesch3959
      @timotheusvanesch3959 Месяц назад +1

      @@JJ-3721 Yes, I am aware of the context. I've even been in the city where the main attacks happened. ALL houses are caged in 3 layers of metal bars. FOR REAL.
      And no, they are not "training camps". Too many people who either managed to escape or were released after years and managed to escape China have told their stories.
      You don't lock up 2mln people because 13, or 20, or even 50 Chinese were killed in a few terrorist attacks.
      "Not allowed to talk" -> 100%. Uyghur were not allowed to communicate with us. Our Tibetan guide later explained that if police would see that, it's their turn next in your "training camp".

    • @JJ-3721
      @JJ-3721 Месяц назад

      @@timotheusvanesch3959 I'm a scientist. I believe in verified evidence with statistical significance. I also talked with many local people. I remember one store owner (travel agency) even explained to me his argument and preference for independence. They said something "we're not the same, we look different, we have different religions ..." Again I don't support such whatever camps as they're not lawful. No matter how, chinese government has stopped doing such practice many years ago. It's a matter of the past. in other words, the government "corrected this mistake." I give credit for this improvement and correction.

  • @0chuklz0
    @0chuklz0 Месяц назад +15

    The biggest problem with any information coming out of China is that none of the data points are reliable/verifiable. The costs of material, production, quality control processes, etc, are all obscured from outside examination.

    • @leejack2478
      @leejack2478 Месяц назад +2

      All information coming out from Boeing ARE reliable/verifiable, The costs of material, production, quality control processes, etc, are all examined. Boeing makes SAFE planes, right ? 🤣🤣🤣

    • @0chuklz0
      @0chuklz0 Месяц назад

      @@leejack2478 How does that change anything I said regarding businesses in China? Any major corporation can cut corners and practice unsafe quality control. The difference is that in China the practice is almost institutionalized. For the most part, Boeing does make safe planes. When flaws are discovered, they are held accountable for costs to repair/replace.

    • @same.6409
      @same.6409 Месяц назад +1

      is that a country problem or a specific-company problem? if it's a country problem, would you not buy any Apple or Tesla products produced in China?

    • @0chuklz0
      @0chuklz0 Месяц назад

      @@same.6409 It is a country problem, and while I don't buy any Apple products (for a different reason), I would buy the Tesla for now. Ideally I would rather buy one that was made in one of the other factories to be completely safe. Though it is mainly with the domestic companies that you have real quality control issues.

  • @suolonatio32
    @suolonatio32 Месяц назад +3

    Thermal runaway

  • @Broodjemetbeleg
    @Broodjemetbeleg 19 дней назад

    pleasantly surprised, very unbiased well researched video. my compliments.

  • @mingyuhuang8944
    @mingyuhuang8944 11 дней назад +3

    Ignorance is the West's greatest weakness. Utterly pathetic.

  • @deanrhodenizer938
    @deanrhodenizer938 Месяц назад +4

    I normally consider your content well researched, but not this time. This has put the credibility of all your past content in jeopardy as far as I am concerned. It seems you and your team have no engineering knowledge whatsoever. Why do you think that Tesla was allowed to enter China without a partner? And what have you been smoking when it comes to autonomous driving? You do understand that Tesla has been approved for supervised self-driving on the roads of China? What about Tesla’s manufacturing methods? World leader? You know that Tesla outsells all Chinese auto manufacturers on BEVs (not NEVs which includes hybrids) even at a higher price? Yes, China is well positioned to dominate the auto industry when compared to the legacy manufacturers, but they have a long way to go to catch up with Tesla, IMO.

  • @mho...
    @mho... Месяц назад +4

    #neverforget every company in china is "blessed" by the diktatorship!.......

    • @sleepyjoe4529
      @sleepyjoe4529 Месяц назад +1

      Adding a hashtag doesn't make your point any more stupid. In fact, it adds to it.

    • @timotheusvanesch3959
      @timotheusvanesch3959 Месяц назад +1

      @@sleepyjoe4529 He is right, though.
      Chinese draconian population control measures are terrible.
      At least, I cannot imagine living that way. And yes, I've been there (in western China).

    • @sleepyjoe4529
      @sleepyjoe4529 Месяц назад

      @@timotheusvanesch3959 nobody cares

  • @victorsvoice7978
    @victorsvoice7978 23 дня назад

    Tariffs hurt consumers. Protectionism stops innovation and competition. It increases costs to consumers and supports old-fashioned industries and products.

  • @nickolaiorlov4732
    @nickolaiorlov4732 Месяц назад +5

    FIRST NON BOT!!!

    • @cp37373
      @cp37373 Месяц назад

      No, you weren’t

  • @antitunnelvizie5877
    @antitunnelvizie5877 Месяц назад +6

    Hmmm okay but what about the Burning and exploding cars in china becouse of poor quality, they could not make a ball pen a few years ago now they build high end electric cars intresting

    • @retsaMinnavoiG
      @retsaMinnavoiG Месяц назад +1

      China is massive.
      Accidents happen, you would need actual numbers/statistics to make a real point about their safety.
      Being such a large country there are strong odds that you're going to find many videos of EV's melting down.

    • @StyleM49
      @StyleM49 Месяц назад +1

      @@retsaMinnavoiG Don't forget that BYD has lost about 12 factories this year from batteries in EV spontaneously combusting. There is a reason most residents in high rises are told not to park their vehicles in underground parking

    • @antitunnelvizie5877
      @antitunnelvizie5877 Месяц назад

      @@retsaMinnavoiG yes I see your point on that and of course I hope that no one is hurt but there are a lot of videos so it makes you think if there is a way to do more about impact safety so the battery packs don't combust and more lives can be saved it makes me sad to see so much people needlesy burn in cars but I get wat you say.

    • @marcosburgos8415
      @marcosburgos8415 Месяц назад +1

      Tesla had that issue aswel, had something to do with batteries at the time. Isnt much of an issue now. Chinese cars are worldwide now (except US)

    • @SniperSnake50BMG
      @SniperSnake50BMG Месяц назад +1

      ​@@StyleM49did you know that it was Korea right? And also it was a Mercedes Benz EV right?

  • @zane___k7333
    @zane___k7333 Месяц назад +4

    I've bought a lot of chinese products. Once you start using it after a while you come to hate it. They don't do long term testing like western companies. Support is difficult. Random break downs etc...

    • @RuchunLi
      @RuchunLi 25 дней назад

      Certainly! Here's the translation:
      "Probably 80% of the products in your life are made in China, including iPhones, so quality is related to price, and it depends on how much you pay."

  • @angelroar883
    @angelroar883 Месяц назад

    In Australia, there are no BYD "service centres" consequently owners having to wait 4-6+ weeks for parts to arrive and be find centres that can install the part/s.

  • @animalmother4
    @animalmother4 Месяц назад +6

    An entire industry built on government subsidies

    • @frankcoffey
      @frankcoffey Месяц назад

      When the US bailed out automakers in 2008 that worked also. GM sales in China went up one million per year each year after that.

  • @mrericpritchard
    @mrericpritchard 25 дней назад

    Brilliant video, keep up the great work.

  • @ladymorwendaebrethil-feani4031
    @ladymorwendaebrethil-feani4031 4 дня назад

    Here in Brazil, chinese EVs are dominating the market really fast. A BYD is now the new middle class dream