The oil and gas industry has seen decades and decades of subsidies, if we are to treat everyone with the same playing field than we need to double our efforts of supporting the transition to EVs by more subsidies. It's only fair.
@@realazduffman - Fossil fuel subsidies were about $7 Trillion in 2022 (Worldwide). Lots of subsides, and of course the industry pays nothing for the tens of thousands of people that die from related air pollution and cariogenic fueling fumes. www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion
@@realazduffman Exxon has received more than 5 trillion dollars in subsidies in the last 30 years. This is public and extremely google-able information. It is not conspiracy stuff. Oil and gas get insane subsidies, more than practically any other industry. Thats ignoring the other ways the state protects the industry.
EV subsidies are not needed any more; the EV transition is happening very quickly and a slight slowdown is fine; allows the infrastructure to catch up. That new EV from BYD is incredible looking. The chinese are kicking ass and taking names. US companies are doomed in China (except Tesla).
Exactly. That's all that is going on here - the companies are figuring out the best path forward. There's no big crisis, just normal adjustments being made.
@@Hybridog Bullshit. Petrol cars are hopelessly obsolete as they are expensive and complicated to fuel, maintain and service. All of the American, Japanese and European legacy car companies are in the midst of a death spiral they cannot ease itself from. In China, the world’s largest and most important car market, EVs and PHEVs make up more than 50% of all new car sales and this will increase to 80% by December 2025. The rest of the world, America notwithstanding, will follow suit within a few years. It goes without saying that 94% of the world’s population are _not_ American, Japanese nor German, so most consumers do not have an inherent loyalty with legacy car companies as the nationalistic aspect is not relevant. Simply put, most of the world could not care less if the entire legacy car factory workforce lost their jobs tomorrow. Petrol cars will be totally irrelevant come 2030 with EVs being the car of choice in the new decade.
Not if it's compelling. EVs are compelling for some use cases like in town uses, buses, etc. They will get more compelling in the future as the infrastructure improves and range improves.
@@user-kc1tf7zm3b China is extremely easy to change because the gov't can mandate a change overnight. You are correct though that America, German, etc. have their emotional home-country brand loyalty, although in the U.S. GM and Ford are mostly local as headquarters and engineering with much of their vehicles made elsewhere due to the union high prices.
I saw the quarter sells on all BEVs in America and Kia is beating Hyundai. Tesla still King, but it looks like in the next couple of years that may not be the case.
To clarify, I meant Kia and Hyundai not likely to catch Tesla. BYD is strong and investing heavily. Still, no threat to Tesla but killing a few others.
Why not put the 750 plus billion dollars the American government pumps annually into fuels, and put it into renewables, and EV’s, rather than the most profitable industry in the history of mankind? Seems reasonable… unless one is unreasonable that is.
The US Government provides direct miltary patrols that Oil companies don’t have to pay for. US Navy escorts are many $$$ Billions every year not to mention putting US Military soldiers and sailors in direct danger from hostile countries . This is a direct subsidy to the world oil industry, as well as a device for the government to keep oil and gasoline prices lower than they would be if oil companies had to pay for their own security. If oil companies had to pay for their own escorts you can bet gasoline would be $10 at the pump in the US.
2:22 - ref: "2 hour conversation on X..." (best Sean voice). also ref: "The two worst people you know (in 'Murica) are live this evening..." (Harris/Walz Campaign)
The president and government has nothing to do with what people preferred to drive unless the government manipulates the industry and taxes etc. Do you think ppl want the government to pump taxes into subsidized vehicles???
Regarding slowing EV sales: the majority of EVs marketed are premium models with ridiculous specifications and unaffordable to most people. The Euopean market is very soon to see a number of small affordable and efficient EVs that are virtually at price comparity with equivalent Ice models. Expect EV sales to pick up greatly after that.
Too sad you don't get that EVs are getting cheaper and ICE and PHEVs more expensive. You need to look at what is happening in the rest of the world. EVs are up in China and the far east. Your own story how GM is laying off people in China is a clue. Legacy Auto is struggling to sell EVs. And ICE is starting to become less profitable.
Might have something to do with the 50 mil a month he's being slipped by a certain billionaire. Not that it's going to matter. Elons going to learn real fast that he made a real poor choice, conservatives will never buy his cars in any real numbers.
I remember my first teenage car was a vw, broke right after 80k km warranty period. I know times are different now but I hope they do a little more, at least put Audi quality(practically same thing) on vw then up more quality in Audi. They got that vw Id buzz van bus, it’s really good, just put a lfp battery from u.s Tesla plant(they probably didn’t have that plan in mind but think of it like using Tesla charging network, you got the battery and have Tesla dealt with electrical standards like ford and GM) then you got that little bit of own autonomous network from vw(pssss, xpev, inside joke 😂) you do that tier based monthly subscription to users and fix some software whalla, done, it’s a good EV, good brand and people happy
VW group really got wrong with it's software hopefully Rivian and Xpang collaboration will get them back on the track. Can't wait for BYD new hothach 😍😍😍😍
Paying consumer subsidies is a stupid idea anyway. It's much more cost effective to have added emissions taxes on new car sales. That won't cost anything to the government and open new income to invest into mobility infrastructure upgrades
Too late. Other countries have subsidized their transportation sector and therefore there's no free market. Cash for Clunkers save the ICE market mostly. TESLA for the most part was a boutique manufacturer back then.
Cutting EV incentives without phasing them out looks like sabotage. It's an extreme level of selfishness to continue polluting, shortsightedness or denial is just an excuse
Nissan's woes go right back to Carlos Ghosn's reign and philosophy of making Nissan the low price leader. Instead of focusing on high quality and creative design he chose to make Nissan the seller of bargain basement vehicles.
Nissan had woes before Carlos though. Don't think Carlos got them here. The plan they used to get so big went sideways in the 90s. It's why they went running to Renault and Carlos. I guess overall their business models and philosophies just aren't sustainable. It's like Chrysler. Sure both Carlos and Stellantis are killing Nissan and Chrysler. But the brands shot themselves in the foot so badly they had to go running to someone. Just so happens their savior was actually a curse in disguise.
@@baronvonjo1929 Very astute comment! Yeah, they gave up on quality and innovation, tried to become a BIG Boy and ended up shooting themselves in the head.
Maybe if OEMs quit selling over complex, over price, over electrogimickry, over phonelike fancy crap & gave us simple, cheaper EVs we'd buy them & not hate 'em....
Well let's see what you did not mention since we need to be fair: 1, while they don't want to subsidize electric cars, a Google search indicates 253,000 people died in 2021 in Europe as a direct result of air pollution. Wonder, what that costs in end of life care. 2: If t-Rump gets elected the EV issues is the least of your worries. 3. I get a kick out of VW. They are operating on the old model. Meaning they can't or will not bring out a new car model until 2028 or 2029. So your still looking at a 4 or 5 year development time. Yet the Tech has about a 9 month development time. While I realize this is a bit quick 5 year development time will spell death to VW as BYD only needs 18 months. I really like the electric subsiding. Since I'm old and live in the US it is unlikely I will ever be able to afford an EV as getting a new car on a pension is not an option. It also looks like I just don't know where to look for the Used EV market.
There's no such thing as an EV mandate. There is however, a mandate to reduce CO2 emissions by improving fleet fuel economy. In practice it's hard to achieve the required reductions unless you start building EV.
Twisted election year like this one and no CEO is going to commit billions committing to a path that may change in 6 months. Plus, America is a decade away, or longer, from having any reasonable amount of local charging that a potential regular consumer can buy an EV. Not to mention we are a long ways away from having a decent used EV market, which is a ton of sales in the U.S.
Meanwhile China forges ahead on EV tech, production, and infrastructure, because they don't have to worry about elections every 2-4 years which can upend their national economic policy at any time. Hence the need for the 100% tariff as American EVs keep falling behind.
If the Chinese automakers are allowed to enter the US market even with Trump's statement of adding a 200% import fees, prices should still be very competitive if not lower than what's on offer now in the US. I am sure in the beginning, Chinese automakers will have no issues even taking a hit on profit to let US buyers acclimate to their brands and see how they are superior in many ways and once that happens, it will be very hard for legacy OEMs to combat that.
@@ArthurZakaryan23 To add to that. You're only thinking of the US market. In order to destroy Ford, GM, Toyota, VW, and others. You take the competition to where it hurts. 80% of the sales are not in the US. The Chinese are going to Europe, Asia, Africa, Mexico, Australia, Latin America, and South America. When Chinese take over these markets. Ford, GM, Toyota, and VW will shrink to 1/2 their size or less. Ford and GM will most likely file for bankruptcy. Toyota doesn't make profit in the US. Because of the middle man, Toyota only makes 1.5% profit for every car they sell.
It is not the first time the Chinese tried to sell on western markets, most notable was 'landewind' a bad Chinese copy of a Land Rover, they sold a few thousand but they all fell apart within three years and nobody ever heard of them again.
What’s good after the interview is pressure will rise and most likely a discount will follow from Tesla as they did after purchasing twitter and allowing the other side on the platform and pissing of the left-wing.
BS. Most of Trump supporters are not anti ev. We are anti big government. I am 75, a Republican and on my third EV The largest ev club in Florida is in the Villages which is overwhelmingly Republican. Besides, the President cannot change an existing law which is what the NEVI and IRA are. It takes congress to do that. Maybe learn a bit about how our government works before making silly statements
Youre not anti big government. Trump literally expanded the government more than any president in the last 50 years. He outspent Obama significantly. There is no such thing as a small government conservative, its just a lie you people tell yourselves so you can sleep at night. Just like you're doing now with the EVs. Also, the president, can in fact change laws by passing executive orders that contradict them. Congress then needs a veto proof majority to countermand the executive order. Stay in your elder care home playing with your toy cars, leave the politics discussion to younger people.
As a German I'm glad my government pulled the plug on national EV subsidies. Last year 524,000 new BEVs were registered in Germany, but the BEV fleet only grew by 400,000 (from 1.0 to 1.4 million BEVs). So where did 120,000 BEV go within one year? Setting national subsidies in an EU-wide car market doesn't make sense at all. Why should the German taxpayer pay for lower used car prices in the Netherlands or Denmark? Another argument against subsidies are fleet emission in the EU. Car groups like VW or Stellantis doesn't want to sell more EV, the are maximizing profits within EU and national regulation. If they have to sell more BEVs, they'll introduce lower priced variants (like VW did now with a new ID.3 Pure) or give discounts on certain models. And premium companies like BMW or Mercedes are still selling as much BEVs as last year in Germany. Highest decline in sales this year we see by Stellantis, Renault and Tesla. So especially in Germany one might ask, if BEV sales are really down because of lower subsidies or companies selling/leasing less cars to fleet operators because of the decline in resell values of used BEVs.
Volkswagen, Mercedes and BMW are totally screwed and are corporate lame ducks. Chinese EVs are a million times better than whatever the Germans can come up with. The harsh reality is that 99% of the world are not German, so could not care less if the entire German car factory workforce lose their jobs tomorrow. The upcoming 2015 BYD EV unnamed hot hatch will make the VW Golf instantly irrelevant as the Golf EV under development is still many years away from fruition. BYD is easily worth more than VW or Mercedes.
@@RobertOlds.630 All new cars launched in both Chinese and Western car markets have to pass stringent car crash safety tests in order to be sold at all. The Chinese cars are naturally meeting these safety standards just like Western and Japanese cars do, otherwise they would be sued for wrongful deaths when the worst happens which is not financially viable.
It depends on what people think a Chinese car is. I say no. But some people swear Volvo is a Chinese car where it is actually a Swedish car maker that has a Chinese owner. Same is true of Polestar while Lotus is an English car company that has a Chinese owner. There are zero homegrown Chinese brands selling cars in the USA. There are Chinese made cars from Western companies, like Ford (one model) and Volvo (two models) that sell cars in the USA.
I asked ChatGPT and this is what it said: Several vehicles sold in the United States are assembled in China. Here are some examples: 1. **Buick Envision**: General Motors imports the Buick Envision SUV from China. It was one of the first mainstream vehicles to be sold in the U.S. that was manufactured in China. 2. **Volvo S90**: The Volvo S90 sedan is assembled in China and sold in the U.S. This is part of Volvo's strategy after being acquired by Chinese automaker Geely. 3. **Polestar 2**: The Polestar 2, an electric vehicle, is assembled in China. Polestar is a Volvo-owned brand that focuses on electric cars. 4. **Cadillac CT6 Plug-in Hybrid**: This hybrid vehicle was assembled in China and sold in the U.S., though it was discontinued in 2018. 5. **Certain Tesla Model 3 Units**: Some Tesla Model 3 vehicles that are assembled in China have been exported to the U.S., particularly during times of increased demand. The trend of importing Chinese-assembled vehicles has been growing as automakers expand their global production capabilities.
Well the legacy auto makers can only blame themselves for failing. Other than Tesla, the rest are half hearted and not one of them has yet to present a 'compelling' EV, or produced any where near the numbers they said they would. But the fact is you have to produce a car people are willing to buy. Tesla is really the only one which qualifies.
@georgeburns7251 wait wait one person is the same as a whole class of criminals are not being charge of theft, enabling crimes is okay? Who party is turning a blind eye to Biden cognitive challenge? That is okay we have a President with cognitive problems? Would you be okay that is your surgeon?
@@georgeburns7251The current Pre is cogn it ive challenged but you are turning a blind eye. Open border that invite all sorts of troubled people, criminals. Millions of influx would destabilize the country even further. I am a legal immigrant myself and embraced this country. The uninvited don't. Then, cens oring those that criticize them. You tube is one. You ar3 actually the one needs to grow a brain.
Lets see your gas car be unselfish after the US federal government stops paying the roughly 10 billion a year it pays out to fossil fuel companies in subsidies.
That's what people say about people in giant trucks and SUVs. People are just people. Stereotypes are amusing but the car someone drives doesn't tell their story.
It may not make sense for EVERY use case with current tech and what the consumers are asking for (their 'WANTS' /demands, perceived value, etc). They will eventually make sense with the right future technologies.
Oh, you mean Trump-the hate filled, 78 yr old known serial liar, draft-dodging, racist, 4-time arrested, twice impeached, insurrectionist, criminal fraudster, rapist & convicted felon who's been deemed the worst President in U.S. history? Oh, he now "loves" EVs despite the fact that his dwindling base despises them. Oh, you mean that guy?
@@Hiker8886 the criminals are democrats tampering with elections since 2016 and using lawfare to attack political opponets and rioting across usa for 8 years.
The oil and gas industry has seen decades and decades of subsidies, if we are to treat everyone with the same playing field than we need to double our efforts of supporting the transition to EVs by more subsidies. It's only fair.
Oil and gas do not get subsidies, They get taxed. If EVs are so good people would by them without subsidies and mandates
United States fossil fuel subsidies range from $10 billion to $52 billion annually
@@realazduffman - Fossil fuel subsidies were about $7 Trillion in 2022 (Worldwide). Lots of subsides, and of course the industry pays nothing for the tens of thousands of people that die from related air pollution and cariogenic fueling fumes. www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion
@@realazduffman Exxon has received more than 5 trillion dollars in subsidies in the last 30 years. This is public and extremely google-able information. It is not conspiracy stuff. Oil and gas get insane subsidies, more than practically any other industry. Thats ignoring the other ways the state protects the industry.
@@realazduffmanW R O N G.
VW pushes a car out 6 years?! Wow, that's a record of some sort.
EV subsidies are not needed any more; the EV transition is happening very quickly and a slight slowdown is fine; allows the infrastructure to catch up. That new EV from BYD is incredible looking. The chinese are kicking ass and taking names. US companies are doomed in China (except Tesla).
Many of the politicians are the Best Money Can Buy.
That last vehicle being charged has way way too long of a cord😂
New technology often has a hard time getting a good foothold.
Exactly. That's all that is going on here - the companies are figuring out the best path forward. There's no big crisis, just normal adjustments being made.
@@Hybridog Bullshit. Petrol cars are hopelessly obsolete as they are expensive and complicated to fuel, maintain and service. All of the American, Japanese and European legacy car companies are in the midst of a death spiral they cannot ease itself from.
In China, the world’s largest and most important car market, EVs and PHEVs make up more than 50% of all new car sales and this will increase to 80% by December 2025. The rest of the world, America notwithstanding, will follow suit within a few years.
It goes without saying that 94% of the world’s population are _not_ American, Japanese nor German, so most consumers do not have an inherent loyalty with legacy car companies as the nationalistic aspect is not relevant. Simply put, most of the world could not care less if the entire legacy car factory workforce lost their jobs tomorrow.
Petrol cars will be totally irrelevant come 2030 with EVs being the car of choice in the new decade.
Not if it's compelling. EVs are compelling for some use cases like in town uses, buses, etc. They will get more compelling in the future as the infrastructure improves and range improves.
@@user-kc1tf7zm3b How did you manage to write all of that in response to his comment? That is one impressive rant.
@@user-kc1tf7zm3b China is extremely easy to change because the gov't can mandate a change overnight. You are correct though that America, German, etc. have their emotional home-country brand loyalty, although in the U.S. GM and Ford are mostly local as headquarters and engineering with much of their vehicles made elsewhere due to the union high prices.
I saw the quarter sells on all BEVs in America and Kia is beating Hyundai. Tesla still King, but it looks like in the next couple of years that may not be the case.
True. When Tesla stops selling cars KIA will or BYD will be #1 in car sales.
A couple meaning 2 years. I'll believe it when I see it.
To clarify, I meant Kia and Hyundai not likely to catch Tesla.
BYD is strong and investing heavily. Still, no threat to Tesla but killing a few others.
Why not put the 750 plus billion dollars the American government pumps annually into fuels, and put it into renewables, and EV’s, rather than the most profitable industry in the history of mankind? Seems reasonable… unless one is unreasonable that is.
Because that is not reality. That is why?
$750 billion into … huh?
I don’t think so. Gov’t not handing money to energy companies yet.
@@jerrymiller9039 did you google it? If so, what number did you get?
@@buntnik did you google it? If so what number did you get?
The US Government provides direct miltary patrols that Oil companies don’t have to pay for. US Navy escorts are many $$$ Billions every year not to mention putting US Military soldiers and sailors in direct danger from hostile countries . This is a direct subsidy to the world oil industry, as well as a device for the government to keep oil and gasoline prices lower than they would be if oil companies had to pay for their own security. If oil companies had to pay for their own escorts you can bet gasoline would be $10 at the pump in the US.
I purchased my current Nissan from Downey Nissan. It was a very pleasant experience 8 years ago.
2:22 - ref: "2 hour conversation on X..." (best Sean voice). also ref: "The two worst people you know (in 'Murica) are live this evening..." (Harris/Walz Campaign)
The president and government has nothing to do with what people preferred to drive unless the government manipulates the industry and taxes etc. Do you think ppl want the government to pump taxes into subsidized vehicles???
If VW is bleeding money, then Nissan is hemorrhaging.
eliminating subsidies is really damaging the market. cutting it by 1000€/$ per year is ok.
VW is bleeding money 😮
Volkswagen and Toyota are totally screwed and are corporate lame ducks.
Seems like it would have been good for you to mention the increase in aerodynamic drag for the Terrain.
Regarding slowing EV sales: the majority of EVs marketed are premium models with ridiculous specifications and unaffordable to most people. The Euopean market is very soon to see a number of small affordable and efficient EVs that are virtually at price comparity with equivalent Ice models. Expect EV sales to pick up greatly after that.
Too sad you don't get that EVs are getting cheaper and ICE and PHEVs more expensive. You need to look at what is happening in the rest of the world. EVs are up in China and the far east. Your own story how GM is laying off people in China is a clue. Legacy Auto is struggling to sell EVs. And ICE is starting to become less profitable.
Gee, I wonder why Trump has "mellowed" on EV's?
Might have something to do with the 50 mil a month he's being slipped by a certain billionaire. Not that it's going to matter. Elons going to learn real fast that he made a real poor choice, conservatives will never buy his cars in any real numbers.
FWD Terrain does not come with 9 speed it's a CVT, and all AWD models come with a new 8 Speed.
I remember my first teenage car was a vw, broke right after 80k km warranty period. I know times are different now but I hope they do a little more, at least put Audi quality(practically same thing) on vw then up more quality in Audi.
They got that vw Id buzz van bus, it’s really good, just put a lfp battery from u.s Tesla plant(they probably didn’t have that plan in mind but think of it like using Tesla charging network, you got the battery and have Tesla dealt with electrical standards like ford and GM)
then you got that little bit of own autonomous network from vw(pssss, xpev, inside joke 😂) you do that tier based monthly subscription to users and fix some software whalla, done, it’s a good EV, good brand and people happy
VW group really got wrong with it's software hopefully Rivian and Xpang collaboration will get them back on the track.
Can't wait for BYD new hothach 😍😍😍😍
Paying consumer subsidies is a stupid idea anyway. It's much more cost effective to have added emissions taxes on new car sales. That won't cost anything to the government and open new income to invest into mobility infrastructure upgrades
Interesting
1:10 yeah that decision was braindead and really hurt consumer confidence in evs
Eliminate all taxpayer funded subsidies. then is people want to buy them fine and if not equally fine.
Do the same to all petroleum subsidies.
Too late. Other countries have subsidized their transportation sector and therefore there's no free market. Cash for Clunkers save the ICE market mostly. TESLA for the most part was a boutique manufacturer back then.
start with the tax breaks to build plants
Including the over 750 billion we give in subsidies to the fossil fuel industry now? Do you want to end that as well?
@@GG-si7fw That is what tariffs are for
Cutting EV incentives without phasing them out looks like sabotage. It's an extreme level of selfishness to continue polluting, shortsightedness or denial is just an excuse
Nissan's woes go right back to Carlos Ghosn's reign and philosophy of making Nissan the low price leader. Instead of focusing on high quality and creative design he chose to make Nissan the seller of bargain basement vehicles.
Nissan had woes before Carlos though. Don't think Carlos got them here. The plan they used to get so big went sideways in the 90s. It's why they went running to Renault and Carlos. I guess overall their business models and philosophies just aren't sustainable.
It's like Chrysler. Sure both Carlos and Stellantis are killing Nissan and Chrysler. But the brands shot themselves in the foot so badly they had to go running to someone. Just so happens their savior was actually a curse in disguise.
@@baronvonjo1929 Very astute comment! Yeah, they gave up on quality and innovation, tried to become a BIG Boy and ended up shooting themselves in the head.
Maybe if OEMs quit selling over complex, over price, over electrogimickry, over phonelike fancy crap & gave us simple, cheaper EVs we'd buy them & not hate 'em....
A lot of chevrolets made in china go to latin america
Can't hit the price points making them in expensive union factories.
Read today that lucid stopped production of the Air, true?
BYD "Hot" Hatch 👍👍
Nissan deserves what it's getting that junk CVT transmission that they didn't stand behind.
UDERSTATEMEN
of the year.
Trump embraces Elons EV's.
It help when Elon gives Trump campaign 45 million dollars a month for 5 months.
Lol
And hilariously it hasn't worked and maga stans still hate the cars.
Well let's see what you did not mention since we need to be fair:
1, while they don't want to subsidize electric cars, a Google search indicates 253,000 people died in 2021 in Europe as a direct result of air pollution. Wonder, what that costs in end of life care.
2: If t-Rump gets elected the EV issues is the least of your worries.
3. I get a kick out of VW. They are operating on the old model. Meaning they can't or will not bring out a new car model until 2028 or 2029. So your still looking at a 4 or 5 year development time. Yet the Tech has about a 9 month development time. While I realize this is a bit quick 5 year development time will spell death to VW as BYD only needs 18 months.
I really like the electric subsiding.
Since I'm old and live in the US it is unlikely I will ever be able to afford an EV as getting a new car on a pension is not an option. It also looks like I just don't know where to look for the Used EV market.
There's no such thing as an EV mandate. There is however, a mandate to reduce CO2 emissions by improving fleet fuel economy. In practice it's hard to achieve the required reductions unless you start building EV.
Can't Think of anything, I want less, than my car being part of the grid.
Twisted election year like this one and no CEO is going to commit billions committing to a path that may change in 6 months. Plus, America is a decade away, or longer, from having any reasonable amount of local charging that a potential regular consumer can buy an EV. Not to mention we are a long ways away from having a decent used EV market, which is a ton of sales in the U.S.
Meanwhile China forges ahead on EV tech, production, and infrastructure, because they don't have to worry about elections every 2-4 years which can upend their national economic policy at any time. Hence the need for the 100% tariff as American EVs keep falling behind.
Can someone clarify how Trump will be able to get rid of the "EV Mandate" that does not exist? More fluff from that candidate it seems.
Great point!
Oh, you mean Trump-the hate filled-rapist, 78 yr old known serial liar, felon-insurrectionist-grifter? You mean that guy?
What's even more scary is the Chinese auto. The Chinese don't need subsidies to sell. It will be coming near you at Walmart prices. 😂
If the Chinese automakers are allowed to enter the US market even with Trump's statement of adding a 200% import fees, prices should still be very competitive if not lower than what's on offer now in the US. I am sure in the beginning, Chinese automakers will have no issues even taking a hit on profit to let US buyers acclimate to their brands and see how they are superior in many ways and once that happens, it will be very hard for legacy OEMs to combat that.
@@ArthurZakaryan23
To add to that.
You're only thinking of the US market.
In order to destroy Ford, GM, Toyota, VW, and others. You take the competition to where it hurts.
80% of the sales are not in the US.
The Chinese are going to Europe, Asia, Africa, Mexico, Australia, Latin America, and South America.
When Chinese take over these markets.
Ford, GM, Toyota, and VW will shrink to 1/2 their size or less.
Ford and GM will most likely file for bankruptcy.
Toyota doesn't make profit in the US. Because of the middle man, Toyota only makes 1.5% profit for every car they sell.
It is not the first time the Chinese tried to sell on western markets, most notable was 'landewind' a bad Chinese copy of a Land Rover, they sold a few thousand but they all fell apart within three years and nobody ever heard of them again.
chinese auto IS subsidized in china.
chinese auto IS subsidized by ccp
Good layoff all the big corporate auto workers we should be vehicles in small machine shop not giving these president multimillion dollar salaries
#Trump2024
What’s good after the interview is pressure will rise and most likely a discount will follow from Tesla as they did after purchasing twitter and allowing the other side on the platform and pissing of the left-wing.
No tax money for EV subsidies !
BS. Most of Trump supporters are not anti ev. We are anti big government. I am 75, a Republican and on my third EV The largest ev club in Florida is in the Villages which is overwhelmingly Republican. Besides, the President cannot change an existing law which is what the NEVI and IRA are. It takes congress to do that. Maybe learn a bit about how our government works before making silly statements
Exactly, it’s more the mandates that we don’t like. Let the better tech win
78% of Republicans say they don't want EVs. That is not all but kost
Youre not anti big government. Trump literally expanded the government more than any president in the last 50 years. He outspent Obama significantly. There is no such thing as a small government conservative, its just a lie you people tell yourselves so you can sleep at night. Just like you're doing now with the EVs.
Also, the president, can in fact change laws by passing executive orders that contradict them. Congress then needs a veto proof majority to countermand the executive order. Stay in your elder care home playing with your toy cars, leave the politics discussion to younger people.
@@kaseyc5078 There are no mandates.
Toyota for the win.
Toyota bankrupt before 2029
@@mikafiltenborg7572 VW bankrupt before 2028. And Tesla.. they're not a car company.
@@mikafiltenborg7572 This idiotic notion will be proven false. Toyota is not going bankrupt anytime soon.
excluded immigration these two characters have nothing in common. A dialog of deafs
As a German I'm glad my government pulled the plug on national EV subsidies. Last year 524,000 new BEVs were registered in Germany, but the BEV fleet only grew by 400,000 (from 1.0 to 1.4 million BEVs). So where did 120,000 BEV go within one year? Setting national subsidies in an EU-wide car market doesn't make sense at all. Why should the German taxpayer pay for lower used car prices in the Netherlands or Denmark? Another argument against subsidies are fleet emission in the EU. Car groups like VW or Stellantis doesn't want to sell more EV, the are maximizing profits within EU and national regulation. If they have to sell more BEVs, they'll introduce lower priced variants (like VW did now with a new ID.3 Pure) or give discounts on certain models. And premium companies like BMW or Mercedes are still selling as much BEVs as last year in Germany. Highest decline in sales this year we see by Stellantis, Renault and Tesla. So especially in Germany one might ask, if BEV sales are really down because of lower subsidies or companies selling/leasing less cars to fleet operators because of the decline in resell values of used BEVs.
Volkswagen, Mercedes and BMW are totally screwed and are corporate lame ducks. Chinese EVs are a million times better than whatever the Germans can come up with. The harsh reality is that 99% of the world are not German, so could not care less if the entire German car factory workforce lose their jobs tomorrow.
The upcoming 2015 BYD EV unnamed hot hatch will make the VW Golf instantly irrelevant as the Golf EV under development is still many years away from fruition. BYD is easily worth more than VW or Mercedes.
@user-kc1tf7zm3b if Chinese cars use Chiese parts, we're safe. Chinese car parts are the lowest quality I've ever seen.
@@RobertOlds.630 All new cars launched in both Chinese and Western car markets have to pass stringent car crash safety tests in order to be sold at all. The Chinese cars are naturally meeting these safety standards just like Western and Japanese cars do, otherwise they would be sued for wrongful deaths when the worst happens which is not financially viable.
Are Chinese cars sold in the US now?? What is all this talk of Chinese cars??
Not yet, the home market is trying to keep them out.
It depends on what people think a Chinese car is. I say no. But some people swear Volvo is a Chinese car where it is actually a Swedish car maker that has a Chinese owner. Same is true of Polestar while Lotus is an English car company that has a Chinese owner. There are zero homegrown Chinese brands selling cars in the USA. There are Chinese made cars from Western companies, like Ford (one model) and Volvo (two models) that sell cars in the USA.
I asked ChatGPT and this is what it said:
Several vehicles sold in the United States are assembled in China. Here are some examples:
1. **Buick Envision**: General Motors imports the Buick Envision SUV from China. It was one of the first mainstream vehicles to be sold in the U.S. that was manufactured in China.
2. **Volvo S90**: The Volvo S90 sedan is assembled in China and sold in the U.S. This is part of Volvo's strategy after being acquired by Chinese automaker Geely.
3. **Polestar 2**: The Polestar 2, an electric vehicle, is assembled in China. Polestar is a Volvo-owned brand that focuses on electric cars.
4. **Cadillac CT6 Plug-in Hybrid**: This hybrid vehicle was assembled in China and sold in the U.S., though it was discontinued in 2018.
5. **Certain Tesla Model 3 Units**: Some Tesla Model 3 vehicles that are assembled in China have been exported to the U.S., particularly during times of increased demand.
The trend of importing Chinese-assembled vehicles has been growing as automakers expand their global production capabilities.
@@traviscalvin431 Polestar is no longer a Volvo-owned brand. Geely owns more of it now.
Well the legacy auto makers can only blame themselves for failing. Other than Tesla, the rest are half hearted and not one of them has yet to present a 'compelling' EV, or produced any where near the numbers they said they would. But the fact is you have to produce a car people are willing to buy. Tesla is really the only one which qualifies.
False
Another reason to vote BLUE all the ballot.
Yea more crime and wasteful government spending. Use your brain
@@kaseyc5078more crime? What party is running a convicted felon? Wake up, use your brain.
@georgeburns7251 wait wait one person is the same as a whole class of criminals are not being charge of theft, enabling crimes is okay? Who party is turning a blind eye to Biden cognitive challenge? That is okay we have a President with cognitive problems? Would you be okay that is your surgeon?
@@georgeburns7251The current Pre is cogn it ive challenged but you are turning a blind eye. Open border that invite all sorts of troubled people, criminals. Millions of influx would destabilize the country even further. I am a legal immigrant myself and embraced this country. The uninvited don't. Then, cens oring those that criticize them. You tube is one. You ar3 actually the one needs to grow a brain.
Nine years of MAGA-privilege, corruption, & BS is LONG enough! VOTE ALL BLUE!! End this fecking madness!
"but Trump's base of supporters are anti-EV'? What is your source and where did you get this stat?
EV sales fall without subsidies. EV buyers are some of the most selfish people out there.
LOL If they offered subsidies for your favorite gas guzzler, You'd be the first in line.
Would you buy an ICE if gas was $12/gallon? Why not? That is what it costs without subsidies.
Lets see your gas car be unselfish after the US federal government stops paying the roughly 10 billion a year it pays out to fossil fuel companies in subsidies.
That's what people say about people in giant trucks and SUVs.
People are just people. Stereotypes are amusing but the car someone drives doesn't tell their story.
🤡
There's just no future in manufacturing Ev's.
If that's true, it's going to be difficult to convince Tesla owners.
😂 so funny!
Chinese will force everyone to buy at 10,000 dollars.
People don't care what it is or who makes them. Only the price matters 😂
It may not make sense for EVERY use case with current tech and what the consumers are asking for (their 'WANTS' /demands, perceived value, etc). They will eventually make sense with the right future technologies.
Consumers will dictate this, virtually nothing else will. Currently, as we all know, demand is down, but not done..... far from it.
😂😂😂😂
Tesla model Y was the Best selling carmodel on planet Earth in year 2023 🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆
Tesla DDoS News: DDoS against 250 mile CyberBust! DDoS against the Mexico furnace! DDoS against 8/8 day! DDoS against filing autonomous permits!
Trump2024
Nine years of MAGA-privilege, corruption, & BS is LONG enough! VOTE ALL BLUE!! End this fecking madness!
Oh, you mean Trump-the hate filled, 78 yr old known serial liar, draft-dodging, racist, 4-time arrested, twice impeached, insurrectionist, criminal fraudster, rapist & convicted felon who's been deemed the worst President in U.S. history? Oh, he now "loves" EVs despite the fact that his dwindling base despises them. Oh, you mean that guy?
Yes drump in prison in 2024!,!,
@@Hiker8886 the criminals are democrats tampering with elections since 2016 and using lawfare to attack political opponets and rioting across usa for 8 years.
@@Hiker8886 lol democrats rioting across us and tampering with elections since 2016 lawfare these are crooks!
👍
🙏 interview ScannerDanner 🙏