Monumental US Tariffs On Chinese Imports! EVs, Batteries, Solar Cells, & More!
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- Опубликовано: 13 май 2024
- Episode 363: Join Francie as she goes into the details of President Biden's newest increased tariffs on Chinese imports ranging from EVs, batteries, solar cells, and even medical equipment. What do you think? Sound off in the comments.
Sources used to support today's show:
- Biden Admin Fact Sheet: www.whitehouse.gov/briefing-r...
- www.lpm.org/news/2023-10-27/f...
- www.reuters.com/markets/us/bi...
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#electricvehicle #evbattery #tariffs 
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She's so wrong. China didn't put a gun to their head saying technology transfer. It waa deal u making money while we want your technology. They agree.
That is the sole purpose of joint venture according to wto rule....typical bs. Just like china banned Google, Facebook, Twitter when those US companies refuse to comply with Chinese law.
Because the US just wanted cheap manufacturing and didn't give a damn about IP or US jobs for the last 40 years. Now all of a sudden it's problem? It's a situation that the US created and now we are crying about it. We made China the economic powerhouse it is today. Too bad short term profit motive stood in the way of common sense for 40 years and still does.
Yanks have short memories, or selective amnesia, it was not long ago American companies like GM were in deep troubles in their own country and China saved them from bankruptcy by giving them a whole new market and investment opportunities. China put on the hard works and capitals, Americans chipped in their know how and intellectual rights. There is no free lunch for any side.
Tariffs hurt consumers.
ouch... you can't tell the truth, that's (politically) immoral.🤐🤐
And US businesses. Its a crutch that won't make us more resilient, meanwhile China just gets stronger. What a farce.
This is just another proof that the US government hates average Americans.
We're screwed by ourselves
Just like sanctions.
When you can't compete with it, ban it.
When you can't compete while on steroids and other forms of cheating, that's called fairness
@@EbuzzNYC whenever i lose a match in csgo, i blame the opponent cheating, while knowing im the actual noob
@@chriscain7333 sometimes you lose to a better player but sometimes it's the guy on meth that beat you.
@@EbuzzNYC you missing the point bud, i cant believe i have to explain this, me being noob is at the core, not my neighbours kid on meth or not.
@@chriscain7333 I can't believe that I have to explain that the US and EU are not "noobs" at this, we literally invented most of that technology, they're the noobs that stole all the tech and are using unfair trade practices to catch up.
Why can't these guys say they want to increase taxes to Americans rather than use China as an accuse.
you are smart but the most voter don't
And the environmental clock is ticking. Great podcast Francie!
Yes 100,000 more years and we are all toast.
These tariffs will only mean higher prices in the US as Ford and GM raise prices without Chinese competition.
Yes, it means the American consumers will continue to be ripped off by them.
Not so much. The ICE manufacturers are reducing their BEV production, to curb their losses.
Tesla is competing with ICE prices, not with other BEVs.
Tariffs on batteries and materials, on the other hand, will cause trouble!
The sad thing is that this is mostly negative for the US, because it won't br8ng home anything.
Controversial trade practices is placing 100% tariffs on competitor's products because you can't compete. 😃😃
It's hilarious to hear US talk about "unfair practices" lol.
Obviously a lot of wumaos with "opinions" here
The goal is to incentivize American manufacturing. If Chinese companies want to avoid the tariffs all they have to do is open a manufacturing plant in the US.
@@pseudonymous1382 that's fine, most American companies are forced to do the same plus they're forced to sell 50% of their companies to a local entity in China.
@@EbuzzNYC You're a wumao?
I know you are too young to remember but the US gave away our manufacturing to offshore entities back during the Clinton administration. Now we are scrambling to undo that really poorly thought bipartisan move by our government. Textiles, electronics etc have basically gone away. Its time to encourage production in the US
To do that, you will have to convince US corporations to accept unions or stop treating workers like throwaway commodities while accepting less profits.
The American manufacturing has one last chance with humanoids!
The Amercan worker won't want to go back to doing that kind of job.
But I think not even that will make the US the manufacturing country it once was.
China will lose its advantage of cheap labor. But they will most likely keep their manufacturing prowess.
Exactly how they will handle humanoids remains to be seen. But manufacturing isn't just about labor cost. It's a kind of infrastructure, and they have that!
On top of everything else, now we have Out of Spec Tariffs. Oh well. You covered it quite nicely. Good job.
I hear that if you buy a Chinese EV, you have to receive ten lashes across your back before you can receive possession.
PS: intellectual property theft? If Chinese EV corporations stole everything they knew from USA, their EVs would be as crap as USA EVs.
😊
Reasonably theory,haha😂
I'm really impressed by your clear headed presentation of these incredibly complex issues.
Personally, I think protectionism doesn't serve the world.
I guess I just wished that nations could find more common ground in order to find solutions where humanity as a whole would benefit from. Collaboration over competition, solving problems over profits.
agree
So much for the climate Emergency...
No one believes it anyway.
You are self obsessed typical American. 95% of the world believes it. @@nicholasmuni7995
Why should I have to pay a tax on something made better and cheap talk about government over reach
IURO
You’re not going to pay anything. The Chinese ain’t coming, with the 25% tariff before and now 100%.
@@bobdoe38 Oh, they are coming. They are just building factories in Mexico, which is part of NAFTA, so none of this will matter except that it will make US-made EVs more expensive because of dependance on Chinese minerals and chips.
@@patreekotime4578 believe you me, and BYD have said it themselves: in this political climate, ain’t hell they are coming in to the U.S. Those cars are for South America.
@@patreekotime4578 You got it ass backwards. Let’s take Tesla for example (I have the model Y) which has 30% parts from China. It is CHEAPER because the battery is either CATL or BYD. It used to be Panasonic and Samsung, and would be even more cheaper if they used more China parts. Ain’t in hell any U.S. auto maker can get an EV out under 50k without China battery. Whereas BYD can get one out for 10k (seagull).
Well done Francie.
A very clever way to increase taxes. Now we can feel patriotic to pay more taxes.
Americans don’t understand. Chinese are bought 8 million EV in 2023, expecting 14 million for 2024, ten times the US. On top of that China has some 4 million EV chargers vs US some 100,000 and some 3 million 5G emission towers also more than 10 times US.
Chinese can pay 10,000 dollars for all those. For Americans even same price for the car they still can’t use them like Chinese can. It’s a waste because US is behind in its infrastructures and technologies. China can build new cities for South America, Africa, Asia and Middle East with new techs, but US and allies won’t get them because of stupid US sanctions. Soon the poor global south countries will despise and laugh at the US. 😂
Obviously, the Chinese are the master of cooking all the numbers.
Not just that, but Chinese companies are poised to become the number one manufacturers for EVs in the entire global marketplace outside of the US. What do US car makers want? To dominate car sales in Texas?
Your English isn't very good.
The cold hard reality is, that even with the 100% tariff, the Chinese EVs will sell at 50% of the equivalent American models. They will take the market like a tsunami.
@@patreekotime4578 "Chinese companies are poised to become the number one manufacturers for EVs in the entire global marketplace" .. unfairly! This is the reason why the US government has placed tariffs on the Chinese imports.
It's quite informative, thank you Francie. Protecting American industries from the unfair competition and supporting domestic manufacturing and innovation are the reasons why the US has placed the tariffs on Chinese imports. It's the right thing to do.
What else is cobalt used for? 90% of cobalt is being used as the catalyst in desulphurization to remove sulfur moieties from natural gas and refined petroleum products like gas, Fischer-Tropsch process to produce synthetic fuels from the natural gas.
The US just can't compete in anything at all, so it is concerned of this and concerned of that of China. Whatever actions it takes against China becomes self-defeating.
Data scavenging is universal, on/in every app, program, computer, phone, watch and other devices.
One thing is to get your data sold to advertisers and another one is be used by the CCP
I think US should work together with China rather than sanction her. What does it achieve? More expensive green products and bad for environment.
There is a lot of Cobalt in Australia!! And no african kids digging it up!
The Aussies can always ask the Kangaroos to help
Australian mining companies using African kids it dig it up in Africa (Rio Tinto, BHP, Glencore)
@@tobykunta2687 Your probably correct but there is a heaps of Cobalt in Australia I think that’s important to highlight and what she didn’t mention is that Iron Phosphate batteries don’t use it and fossil fuel industry uses more of it anyway.
There are plenty of critical minerals in well run responsible countries the CCP doesn’t like this not because they are more expensive but because they can’t control it
@@chanahyingchan5070 No draglines and modern machinery does it way better even cheaper using Robotic trucks and even EVs the communists in China hate that
Totally BS. China’s EV price advantage is mostly due to its scale. Chinese car market is 30 million a year and the US is around 18 million. EV market is as large as EU and the US combine.
US will end up with Tesla being the sole EV manufacturer 😮
Walmart can sell cheap stuff, why can’t China. Cheap is better for us consumers
Are we a free market or are we not? We always say the best survive yet we do stuff like this to protect American businesses, which I do get, but our motto is always to let competition thrive and consumers pick the winners
True but… do you realize China has the toughest tariffs for imports into their country?
@@daneflanigansince when ? Trump .
Tough tariffs on what, can you give some examples please
@@daneflanigan It's easy to make empty claims but CIA has to fabricate out few examples . . .
@@daneflaniganI didn’t know that Taiwan is part of China. Try buying a BMW in Taiwan is almost 100% more expensive than the price sold in the US
Hilarious...the cost of a German car in Taiwan your blaming on Beijing. The Europeans sell millions of cars in China. No 1. Volkswagon all though they are struggling to maintain market share it is not because of tarrifs or even or even unfair practices but rather the Chinese are better at manufacturing than anybody else by far. The new reality, get on board or be left behind
Such banning/tariff is not a competition. It is an unfair practice. If it is, China in return can also do the same for competition.
Look forward to hearing this intelligent information summary ❤️ Ur best!!!
UGH, this is going to hurt (cost wise) the DIY-ERS for off grid solar + battery setups. Good thing i got mine all setup! ....PHEW.
Are there kits to use an EV battery with solar? How hard would it be to hook up a junk yard battery?
@@frankcoffey anything is possible however it involves alot of extra work/research when building a battery pack from scratch. For example, i just wanted an off the shelf battery setup with built in BMS. The youtube channel "Dala's EV Repair" does an awesome job of showing how you can communicate/use a Nissan's Leaf's battery pack with a solar setup.
wow very well done.... you know your stuff..... gooooot joooob!!!!
As ever Francie, you have stunning and consistent delivery. It’s a joy to watch or listen, so thank you. Important subject. Many many issues underlying this thorny beast. What will this do to general pricing in US markets now? Hurt the pocket, hurt the people? Or can the US get its supplies sorted well enough through the so called “correct channels” and continue to be competitive on the global stage? In trying to protect jobs and industry is it possible it will do the opposite? A conundrum for sure.
It will double EV, solar PV and power system costs in the US and delay their energy transition, but it may be worth increasing the US supply chains from
Well this isn’t a problem! Because we know our President worked to speed up the mineral permitting process in North America so it doesn’t take 7-10 years, right? Oh and we know our President is doing more to protect our environment while still being able to meet America’s responsibilities for global warming with the Paris Climate Agreement. Since our President likes Elon and Tesla, let’s help both with these new sanctions. The President also pondered how can we hurt the UAW? Yes, I’m being VERY sarcastic. 😢😢😢
When we started a trade war with China over semi conductors they said fine, we will not let you have the precious metals to make them, I expect the same thing to happen here with EV batteries, refining, and raw materials. China will put something in place to either tax or limit what can go to the U.S. and perhaps North America. Guess we have to wait and see. Guess the OEM’s got a get out of jail free card.
They are talking about sanctions and tarrifs on India now too. All of our medicine comes from either India and China.
@@charlenefrench5404 Like drugs are not too expensive already. Tell me if I am wrong but I am thinking the medicare A+B people only get drugs after the patents expire. AKA generics.
How does Polestar stay in business with this? The 100% tariff on Chinese EVs happens this year.
Is this the land of free or it is actually the land of lies?
Don't lie to us anymore instead of hiding behind lies.
way to put the nail in the coffin for clean tech. As if 2024 wasnt rough enough.
These tariffs hurt small businesses that have no other viable domestic options and don't have capital to invest in making their own production.
Tariffs are not a bad idea if taxes decrease, the problem is that they aren’t so prices are going up
I really cannot accept her tone. The tariff seems solving the problem for now, it only makes the situation even worse in the long run. If the US really wants to regain the advantage, it better seriously examine what China has done right, and what the US has done worng!
Great stuff the Chinese should have to follow the same restrictions they force on other countries companies that do business in China. What's good for the goose is good for the gander. All Chinese companies doing business in the US should have to have a 51% partner in the USA.
Feels like government supported industry to an extent by doing these tariffs we are protect our vulnerable new EV industry. The capitalist in me wants to say let the market figure it out but the other part of me wants the diversity. To me it doesn’t depend on the country at all. This shouldn’t be to one country but all. Also there should be a crude end date. That shouldn’t be moved at all.
Your comments always speak straight at the Big Picture, and also show your direct-experience in the Sausage-Factory of early-days Public charging, and related matters. Cogent and concise opinions with minimal bias. 👉🏿According to some reports, the CCP/PLA grifters are upsetting wide swaths of the populace, at all economic levels. This latest Tariff insult is unlikely to calm the seas in the short term. “May You Live In Interesting Times” & this is This Year: 🐉. Really fascinating dramas playing-out during the Shift/Disruption. 👊🙏🏻🎯
It is interesting to compare this to the situation in the 70s and 80s with Japanese imports. Japans solution was to build factories in the US. But for various reasons this seems unlikely with China.
I get that we have to balance these trade and industry/jobs concerns with greening up our economy as quickly as we can, but I think we might have gone overboard on this one. Forget cars for a second, making solar, wind, storage, etc all more expensive with a move like this will slow down that transition which is arguably more important.
Do you realize how and where China is manufacturing these solar and wind products? Xinjiang, do you know that there's a genocide inflicted on the Uyghurs now?
We can make these "clean" energy products somewhere else.
The US economy needs to remain strong in order to afford to be able to make the transition to sustainable energy. If we if we lose our ability to manufacture Automobiles and alternative energy equipment the economy will take a huge hit.
@@richardnwilson.very true, is saying that, the automakers in north America need to get their heads out of you know what and make changes. Change is not being accepted very well.
I’m thrilled to hear this news. If no tariff, the American taxpayer will have to bailout Ford & GM.
Won’t this increase prices to Americans on all of these Chinese products? This better win more points for Biden. I am sure trump will take credit for it.
You got TDS?
hmmm... according to POTUS, China pays the taxes 😏😏
The US isn't read for a massive dump of cheap EV's anyway. The grid isn't ready, the charging networks aren't ready (and cost nearly as much as gasoline in some cases to charge) and ~31% of households live in multi-unit housing with limited access to charging. I think realistically, the current administration may let up on some tariffs for items there just wont be any US industrial interest in competing with ... to keep the peace. Harbor Freight might be getting cheaper.
We are not ready if we want to keep making people/companies rich that are already rich. We can accommodate millions more just charging at night. Many many millions more if we had affordable home solar. Which would go a long ways to making the grid better. But a home not paying utilities or buying gasoline is a nightmare for the companies now collecting our money.
American companies taught China everything China knows about tech products because American companies made a head long rush to offshore production to places where it cost less to produce them. Good on the Chinese for using American tech and improving on it and making products better than the USA can, it happened in the 1960’s and 1970’s with imports of vehicles from Japan. It’s interesting that here in Europe where there are much lower tariffs on Chinese vehicles they are not selling that well and several big name Chinese auto makers are struggling to sell cars here. Really only SAIC brand MG and the Geely brands Volvo, Polestar and LTI have made big inroads into the EV market - ex European brands not seen to be overtly Chinese, using European naming convention for their products. You don’t see anywhere near the same numbers of BYD, Great Wall, Nio etc cars (I.E. car brands with names that don’t make sense to Europeans and sound strange) here.
This will badly backfire in US. EV development from domestic automakers will stop, and they will fall in more behind Chinese EV automotive industry
Personally I think it's short-sighted and could backfire. China sells 0 cars in the USA (ok Volvo maybe) but the US sells lots of cars in China, the largest car market in the world. China could retaliate, implement a 100% tariff on USA cars in China, and now you have a big problem. And there is no reason for China to not retaliate, China doesn't need USA cars in China because they have local manufacturers and the Korean and Japanese brands, and they lose nothing since they don't really sell cars in the USA.
Thanks, NIce content and commentary. China could hurt us "Six ways from Sunday"...lol.....I'm a little disappointed in the solar panel tariff increase.
Why China not putting tariff on Tesla?
Because China is an open market with cars from all over the world. US brands sold 3millions in China in 2023!
@@litowsean9724 The 50/50 rule
To sell a car in China, companies everyone knows, like Toyota and Volkswagen, have to partner up with Chinese automakers. This means they have to share the cost of owning the plant, the cost of labor and in the profits from the sales. These automakers that are foreign to China cannot own more than 50 percent of a Chinese automaker. China created the policy in the early 1990s to help Chinese companies gain expertise from more technically advanced car companies. China says it will lift its restrictions on new cars that use new kinds of fuels, such as hydrogen, immediately, and electric cars by 2022.
China does apply tariffs to foreign companies via the 50/50 rule.
The 50/50 rule
To sell a car in China, companies everyone knows, like Toyota and Volkswagen, have to partner up with Chinese automakers. This means they have to share the cost of owning the plant, the cost of labor and in the profits from the sales. These automakers that are foreign to China cannot own more than 50 percent of a Chinese automaker. China created the policy in the early 1990s to help Chinese companies gain expertise from more technically advanced car companies. China says it will lift its restrictions on new cars that use new kinds of fuels, such as hydrogen, immediately, and electric cars by 2022.
@@ericgregori but Tesla is 100% in China! And USA does not even allow 50%!!!
So many pivots to adjust to.
Francie, do you think US car makers dont get subsidies from the government?
Its the leadership of the country, is so over reach and bad planning.
Simplily they can't compete in certain areas.
That’s the prerogative of the US to impose new trade tariffs on EV’s and other China green energy imports.
Instead of focusing on ideological differences, the US should provides a solid foundation for pragmatic cooperation aiming at strengthening connectivity across the world.
Instead US should leverage the thriving Chinese economy as a substantial market and foster stronger connections.
Decoupling from China or de-risking with China is neither practical nor necessary and poisoning the relationship by decoupling or de-risking resulted in the lost of opportunity.
But instead, the US discourage China and other countries from challenging the US leadership or seeking to overturn the established political and economic order.
The US must maintain the mechanisms for deterring potential competitors in other countries from even aspiring to a larger regional or global role.
The major US objective is to safeguard US interests and promote US foreign policy.
The US will not tolerate any objection that threatens US hegemony regarding US interests and US foreign policy.
If necessary, the US must be prepared to take unilateral action.
The US like to portrays other countries as an antagonists and as well as an adversary when the US face with competition in technology and high-tech industries that the US regard it as their domains and sphere of influence and will not accept any competition from another country.
The US accuse China of excess capacity in green energy.
The US like to use ambiguous words like decoupling, derisking, and tariffs in implementing trade barriers and economic sanctions against China.
The US wanted to destroys China and its economy in order to prevent China from competing with the US.
The US multiple sanctions is a deliberate attempt by the US to obliterate China in its economic and trade war against China.
The US sanctions has long been a diplomatic and economic tool used by US seeking to influence others.
The dense bureaucratic jargon and minute technical detail is a declaration of economic war on China.
The US is full of mischief by creating trouble and exerting its power and hegemony as well as economic dominance all over the world.
There's only one Chinese auto manufacturer looking to bring large numbers of cars to the US. That would be Tesla. With their China domestic sales falling off a cliff due to fierce price competition, Tesla needs to find a large export market for the factory in Shanghai. Exporting these cars to the US profitably may have been possible with the 25% tariff but not likely with a 100% tariff. Tesla can't price cut its way out of the sales decline in China. The competition will simply match the cuts. Tesla's other large export market is also seeing sales declines, so they won't be absorbing any additional China made cars. The German factory is also making cars and potential EU tariffs on EV imports from China are probably also coming.
So, basically, we’re headed for all LFP batteries. Let’s get the energy density up in them and we’re good to go. Love them in my RV and solar generators. Should be better than NMC in every way once they figure out how to improve the wh/kg
Nice overview of the tariffs and the complexities around this topic.
The 50/50 rule
To sell a car in China, companies everyone knows, like Toyota and Volkswagen, have to partner up with Chinese automakers. This means they have to share the cost of owning the plant, the cost of labor and in the profits from the sales. These automakers that are foreign to China cannot own more than 50 percent of a Chinese automaker. China created the policy in the early 1990s to help Chinese companies gain expertise from more technically advanced car companies. China says it will lift its restrictions on new cars that use new kinds of fuels, such as hydrogen, immediately, and electric cars by 2022.
A 100% tariff is no different from the 50/50 rule in China. The 50 cent army is out in force in the comment section.
American tariffs effectively! It doesn't affect china much as very few EV sold there.
I worry that increased material costs right when the industry is pushing hard on going backwards to hybrid technology will ultimately hurt US companies ability to be competitive in the future, as well as hurts our ability to meet climate goals. The kind of protectivist strategy ignores the global markets. Do US auto manufacturers ONLY want to sell in the US? Because China will have no trouble expanding into a global market outside of the US. Going backwards to hybrids will make US auto ultimately slip further and futher behind a global marketplace. And this will undoubtedly also make solar more expensive which will make it harder for us to reach solar installation targets.
It sure seem like US lawmakers are thinking too much about provoking China and not thinking about what this does to US based industries that depend on these materials or US consumers already facing near unlivable wage vs cost of living gap. I fully expect to see situations like we saw after Trumps tariffs: American small businesses reliant on cheaper Chinese solar panels forced out of business. Does that really put America in a better position? And what about those critical minerals? You can't just magically source stuff that only exists in mass quantities in China or in countries that China already owns all the mining. People forget that the Chinese are over a decade ahead of us on diversifying the sourcing of their minerals and have mines all over the world.
And I want to know where the people who are soo concerned about US jobs were for the last 40 years that US jobs have been going to China and Mexico? Now it's "IP theft"? More like its sour grapes because we created the monster because everyone has been thinking in short-term profits mentality for decades instead of paying attention to what gutting US manufacturing and handing over all of our best ideas would do to our ability to compete in the future.
so sad I am American and I feel ashamed of that
Leave the country! You will not be missed!
America will make Middle East and Africa and Asia great again with these tariffs. Yea USA.
So be it. Because Biden is lunatic
Good Evening Francie
Is it true that the CCP subsidizes the EV industry to create a restriction on entry? The CCP imports over 75% of its oil and does not subsidize that industry? Does the USA subsidize the US oil industry $20B/year and export 40% of the oil they produce? If this is true maybe the US should reduce oil subsidies and migrate to subsidizing the EV mining and manufacturing industry. The US electrical charging Infrastructure has a good path already laid out and funded unless presidential elections stop the progress.
How can a US built car be competitive in China given the disparity in wages, but also the more efficient Chinese auto manufacturing? Are US made cars competitive in any foreign market?
Karl doesnt seem to understand ccp = cia controlled person and cpc = communist party of china.
To the guy talking about disparity of wages, you seem to forget that most companies have manufacturing plants in China as well, taking advantage of the same lower labor costs. Tesla has a plant in China and has been talking about a $25k Tesla for 3 years now with nothing to show. Meanwhile, BYD has one out for $11k, less than half that price.
Video Title : "Inexpensive Seagull electric car has US automakers, politicians trembling with fear"
@@dmunro9076 It's not really just the wages. The Chinese workers are not paid poorly these days especially in high tech industries. If you have seen their EV assembly line, you will know the reason: automation.
Some of their advanced EV plants have very few people and many many robots. Combined with cost saving of logistics, that's how you really drive down the cost.
The EV subsidies has long ended in China (while we still have it in the US)
New Solar tariffs in the USA ?
Well, they will ship the panels instead to europe and our prices will drop again even below the 100€ / kWp in case they really start shipping more panels cause Rotterdam as the European solar panel hub is already full of a 1 year demand from about 0.1 back 2 years ago.
The more the US makes solar and battery/battery component imports more expensive, then the less incentive there is for US automakers and consumers to move to electrification because the costs will make them short term uncompetitive with domestic fossil fuel energy sources.
It's one thing for GM and Ford (for example) to build an EV now, using low cost imports for key components, but it's an entirely different situation when GM and Ford are supposed to develop an EV entirely using high cost domestic materials (and labor) that doesn't exist in the needed volumes. The investment and development costs will be enormous (as will the short term environmental issues), and that investment can be completely destroyed if a new Federal Administration decides to abandon the tariffs... The short term and long term prospects for US electrification is all going to be put at risk.
You know what? All these carbon emission standards and crap were never about environmental issues but tools to contain developing countries. Remember just until six months ago, how the medias and allies were attacking China over carbon emission? Then China started showcasing their development in desert greening, solar power, EVs etc., accusations died down all of a sudden because, EU and the US are postponing the EV adaptation.
"China has controversial trade pratices, some involving arresting and blackmailing executives from other countries like Alstom, Toshiba and Huawei." 😏
At least you are upfront about who's sponsoring this video.
But not many ev cars from China are sold in USA
what a shame, win this competition by crippling yr competitor to compete?
Tesla 3 sounds great. Is it better to buy or lease?
The only EV's being impacted initially are Polestar P2's and Launch Edtion P3 and upcoming Volvo EX30's. Also Buick, Lincoln and Lotus import models from China. Only impact is to people who have orders on these cars soon headed for delivery.
Yes, I was waiting for the Volvo EX30, but assume I’ll have to order a Tesla instead
It's just an other tax for the people !
USA no longer has any Alumina refineries because China subsidizes theirs to a point where we couldn’t compete
No you are lying and China hater.
Think solar panels are the cheapest they will get right now?
Too bad, no real USA Battery manufacturing for Home Power systems, all the current ones are stratospheric Tesla power wall is way to expensive. His time line is way to short as Battery manufacturing plants do not pop up overnight, and judging how American business is going about EV's battery mfg. (like Ford and others delaying battery plants) likely no takers to start manufacturing Lithium batteries locally. Ridiculous as this will hamper renewable electrification, especially solar and energy storage.
Wooo Hooo, the US is looking more like India than America. Free trade? Bah Humbug. The problem for the US is several fold. First it got started on NEV too late. China had about a 10 year jump on the US. Second, only Tesla has a US battery source, but for most of its cars, it uses CATL and BYD batteries. Third, China's vertical integration and domestic supply chain gives it a huge advantage on cost, not to mention manufacturing efficiency. Why do you think Tesla has two factories in China for Chinese domestic sales and world wide distribution? In fact Tesla is cutting back production at its SF plant. And fourth, the government had subsidized NEV because it aimed to meet its goals for meeting the Paris Accord, And last, but not least fifth, factory automation and peer competition made low cost an imperative and quality at the top of their priorities to stay in the market. And let's not forget that China has a 14 to 1 advantage in public charging places.
It's a case of first starter advantage and the US is woefully behind. The US excuse is to save American jobs. If so, why didn't it keep ICE vehicle production in the US instead of shipping these jobs to China? Oh----China is a much larger market than the US. Now ICE cars are obsolete and those who worked on ICE cars are being replaced by industrial robots. Nice going Biden, lotsa lies to the American public, but you know you really messed up because you were too focused on Ukraine and now Israel, not America.
China auto companies are not only good at ev but also gasoline engine car,Toyota corolla in China is cheaper than US because firece competition
Why dont we just have Tesla do like Apple. Design the product and have china build it? Its ok for us to do it that way!
The USA auto companies are now protected so don't have to be as innovated to the degree that they would if they had to compete. To me this means no real progress in the EV market here. I guess I don't really care for myself because I am older and have a new Ford Lightning and love it. It very well might be my last car so I will set back and watch this stupid show.
Ok - NA carmakers won’t make small EVs, and China has several. I’m not seeing a problem there, and it would be great for increasing EV exposure in US and Canada if China could sell BYD and MG EVs on our soil without penalty. Polestar was a $48+k car marked up to $60+k due to current tariff. Who pays that tariff for each Polestar sold here? It isn’t China. Polestar sales could be much better if it weren’t for this tariff. With a 100% tariff, a Polestar would now start at $96k. Can you say uncompetitive, hence no more sales until they are made here? Does this make any sense when we need to convince NA consumers to buy EVs vs ICE cars? This just permits the NA carmakers to jack up prices to where nobody will be selling EVs.
So what is to stop large companies just going around these tariffs by importing through Mexico?
Even if they're made in Mexico that's much better than being made in China.
Polestar 2 completely sucked and didnt sell well so no loss to americans.
Hope the whole world switch to EV vehicles for sake of ailing mother earth.. Doesn't matter which countries produce it.
I will NOT buy any overpriced US made EV. I'll buy a used ICE car and keep my money to fight inflation.
Trump and Biden are not so different. We are in big trouble.
Only one of them sniffs kids.
Not to worry most countries will be driving quality and affordable Chinese Ev's ..Ameicans just get to pay a lot more.
So much for free market.
You just regurgitating what every US politicians is spilkubg
The most important point is to stop China from dumping their cheap evs on our shores, I guess we will have to move to hybrids in the short term which will save on gas use, and may help with air pollution.
If you can't compete with it, ban it. The American way.
It is not a level playing field with China. They would dump cheap EV's on the US market without the tariffs. This forces them to manufacturer in North/South America to avoid the tariffs. The big 2 US automakers need to get it together and start making viable BEV's that give them thin but reasonable margins. Complicated sure but doable if they have the will. Tesla showed the world how to do it ...
China can ban Tesla.
The world is want change old economy from interest new world economy new currency
You need to do your research better; China doesn't subsidize its EV industries anymore. The cheap prices you see today from China's EV is a result of pure free market competition. Also, 87% of China's renewable energy products are consumed in China, only 13% of China's renewable energy products are exports. The so-called "over-capacity" is nonsense.
Tarifs is another Word for Taxes. Tarifs are Taxes. A Car cost 10.000 dollar. US Tarif Tax is 10.000. the Car cost now 20.000. and value added tax is 21 %. Makes the Car cost 25.000 dollar. 15.000 dollar for the Government. Easy Money.👍👍👍
Well that will move some more Trump supporters into the Biden camp.
China is for common prosperity while the USA is for a small group of individuals..
Cool, Biden has gone MAGA.
This is a big lose for American consumers. It is a huge win for Oil and ICE manufactures. Watch as congress moves to accommodate their ICE ambitions. A huge huge hit for already over prices solar. How about homeowner interest free loans to install US built solar+battery subsidized to the Chinese prices for anyone making less than $50K a year.
Are the data concerns real when both the US and China have mapped each other from space for about 50 years.
generally curious as a person who doesn't own a home, how does "anyone making less than $50k a year." become a "homeowner"?
Cheers love