The Impact of China’s EV Boom, Explained | WSJ
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- Опубликовано: 31 май 2024
- Chinese car companies like BYD are ramping up EV production and are already flooding Europe with cheap and advanced models. The U.S. is now worried that the flood of automobiles will soon reach American shores and hurt domestic automakers. Elon Musk warned these companies will “demolish” global rivals like Tesla if trade barriers are not put in place.
WSJ’s Yoko Kubota traveled to China’s eastern city of Hangzhou to visit an EV graveyard.
Chapters:
0:00 China’s EV graveyards
1:11 Overcapacity
2:28 Beijing Auto Show 2024
4:17 Takeaways
WSJ Explains
News moves fast, and there's not always time to untangle the complex forces driving the day's biggest stories. WSJ Explains breaks down big market moves, business and economic trends, and scientific developments to help you stay ahead of the curve.
#China #EV #WSJ
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With America off limits, China EV makers aim to conquer the rest of the world: on.wsj.com/3K6mXOI
i do not doubt and this trend did not and would not happen only in the EV industry only
EVs are proving to be money pits. Owners are upside down on value of the cars vs repair costs. The batteries are too expensive to replace compared to the value of the vehicle. Who will buy a used EV??????
Protectionism from America is both hypocritical and ultimately damaging to the American economy. Rent seeking is NOT a legitimate form of economy or government... In fact it's the pathetic last step of an empire in permanent decline... Talk to the Russians for more information, or Israel in 5 years...
You put out a fallacy at the very beginning, and that is a shame. I understand that you want to maintain offices in China so that you can cover news there and if you say the wrong things China has anti-espionage laws that could get reporters thrown in jail, but whatever it is you DO say it should be accurate so you don't give people the wrong impression.
MANY vehicles in those junkyards were NEVER on Chinese roads. They were made to get subsidies, put up for sale and when not purchased taken out to forests and left to rot to become an environmental disaster. There are places out in forest land where these sit.
And for the people who don't understand this, the CCP gave subsidies PER VEHICLE BUILT, so if a company put together a VERY cheap car, the amount of subsidy PER CAR was more than it cost to make the car. THIS is the fallacy of BEV in China. What often gets reported on is that since there were X amount of vehicles made, there are X amount of BEV on the roads in China. This was never true.
The American govt. or at least the Exec has known about this. It's one of the unspoken reasons why they don't want Chinese BEV coming into the US.
why use the word "conquer"? You dont use that word when Telsa is doing the same thing
Ask anyone living in Hangzhou and you can get the answer. Untill 10 years ago, the Chinese gov was promoting EV manufacturers with credits they could basically use as cash. But the subsidies were only available when an EV was actually sold. So the manufacturers set up fake rent-a-car companies and purchased their own electric cars at unreasonably high prices, only to get the creadits. Many of those "sold" EVs didn't even have their batteries installed. The gov quickly found out about this scam and changed the subsidy system, leaving those EVs in graveyards.
同意
Ah, the classic "Paper Dragon" story. That's basically China's national plot arc.
50 cents.
thanks for explanation
@@JigilJigil Show your gratitude to the internet because in reality you wouldn’t have any chance talking to me, even if you paid for it.
So many oil promoters care about environment when talking about EVs.
Good point
There's no such thing as peak oil.
They got to keep things lobed up and running smoothly. They run a slick operation 🤣
Fun fact. These are ice cars. Not evs
@@alainportant6412 There very much is peak oil. Even the oil industry can only tolerate soo many injuries and deaths in their operations. Oil production is limited by difficulty accessing the oil reverse, not the amount of oil reserves we know of. As we keep using too much oil it's only going to get more difficult to access.
As pointed out in the comment, the blue plates of these cars suggest these are either ICE vehicle or an early EV produced before 2016. Additionally, these EV models are mostly for commercial use.
If you google search salvage yards, you will find that cities are surrounded by them. It is actually a big industry. The stock performance of companies like Copart says it all.
Im seeing many of the comments saying this also. As someone unfamiliar with the way Chinese plates work can you explain 1:08 that has a blue plate but the car is also marked EV? Is that a hybrid or PHEV?
@@kenedtsu I am also not an expert, but that might be an old EV sold before the green plate was introduced. Actually, nowadays many PHEVs are eligible for green plates as long as they can travel more than 50 km in battery-only mode.
@@kenedtsu no way they are hybrid, hybrid also got green plate, the reporter just trying to spin the fact
Does it make it difference.? They are in dump
Interesting. The car that appears in the video has a blue license plate, so it is a gasoline car, and only cars with green license plates are EVs.
wow this is interesting.
why did not anyone point this simple fact out?
@@irimeyilmaz956 I've seen a lot of comments pointing it out😳
The green license plate was applied after 2016, so maybe these cars were produced earlier than that day.(I'm sorry I mistyped before)
Old EVs were issued blue plates. The Chinese government didn't start issuing green plates in the whole country until late 2017.
@@osoiii The car model I saw in the video with the blue plate is older, called "Changan". It was probably produced before 2016, but was eliminated due to technical and functional reasons, and no one was willing to spend money to buy it.
OMG, Anglosaxon medias tried so jard to undermine world' EV cars. U know EV cars weren't blue Plat but green plate in China
To replace a Tesla battery is 22k to buy a new Seal from BYD is 10k yea they should be worried
Batteries should be able to be repaired. Remove the faulty part of the pack.
$12,000 BYD Seagull will never happen here regardless of tariff because it would not pass the safety regulation
This is wrong, Tesla (Model 3) battery replacement (out of warranty) is anywhere from 5-20K depending on a lot of factors, but the battery swaps can be and have been done for 7K.
The BYD Seal is over 50K, I think you mean the BYD Seagull, that one is indeed around 11K.
But besides that, I don’t think you can compare a 11K mini car with a full sized Tesla. Teslas have over twice the range, and close to 3x the battery capacity.
@@miraphycs7377
Nine Chinese cars scored five stars in Euro NCAP in 2023
In 2023, Euro NCAP crash-tested 17 cars. Nine of them were Chinese EVs, accumulating over 50% of assessed vehicles. According to E-NCAP, Chinese manufacturers were anxious to prove their relevance to European buyers. They have achieved this goal because every evaluated made-in-China car got five stars.
Dec 11, 2023
CarNewsChina
@@th0master $12,000 BYD Seagull will never happen here regardless of tariff because it would not pass the safety regulation
You filmed a car rental company's parking lot and a 4S dealership's parking lot, and then told you that this is a cemetery. The blue license plate vehicles of the car rental company are owned by the famous Chinese Uber "Didi" company, while those vehicles that are not registered are the new car storage areas of BYD dealers
By the way, those blue license plates are for gasoline cars, not electric cars. Electric cars are all green license plates, and gasoline cars are abandoned by people for their economy, so they are placed here by rental companies. Currently, all taxis in China are electric cars.And those unlicensed vehicles are new cars from 4S dealerships.
This is how Chinese should come up more vocally and expose all the lie the western nation , Indian and some other Asian do about China. I rarely see Chinese coming and giving actual truth. it’s not like Chinese are only living in China , chinese live all around the world, yes if their is some bad in china you have to criticize but at the same time don’t let your self down such that they will keep sollow you up. When will Chinese wake up vocally , enough of being rich Chinese you need to speak up aswell. Look how they lie about that and many people buy this propaganda everyday. And it’s not only about car number plate but this are all rental car owned by companies and when EV is developing so fast that new and better model keep coming with better feature so these companies dump this car to get new one. it has nothing to do with ohhh ev are not getting sold so their are gravyya of car lol. So I wanna see more Chinese exposing this hypocrite west , Indian and other who hate Chinese so much. But it’s up to chinese they wanna change or not
These are all blue license plate cars that have been registered, and the blue license plate is a gasoline vehicle. Or it could be the earliest tram from over a decade ago. A new car will definitely not have a license plate. Only users who have the license plate will be granted the license plate. It should be a rental company, most likely due to bankruptcy or property disputes being suppressed by the court. The other scene is obviously a new car, a parking lot of a certain sales company. Western media creates fake news to portray so-called "overcapacity" and matches the narrative agenda of Jewish groups.
I don't think WSJ cares. It is more mud slinging on you know who and selling ads.
Calm down bro. WSJ wrote the news first, then found a parking lot to film video. They don’t care about truth at all.
So according to the plates shown in the video, the WSJ either reported about a dump with gasoline cars, or really old EVs from 8+ years ago. The year where iPhone 7 was the newest iPhone in the world. That's some horrible journalism...
When an Asian journalist appears on the Western media, it instantly lose all the credibility.
Especially when those media invite Taiwanese 'specialist' to talk about China issue.
@@SpyFromMarsZeusAbsolutely true, great observation and insight!
This is a scrapped taxi, which has usually traveled hundreds of thousands or even millions of kilometers.The law requires compulsory scrapping.
Do some research WSJ, at least do not show blue badge car which is a ICE vehicle so that you can be more successful in scaremongering.
Naw, you should do your research first. Old EVs were issued blue plates just like ICE cars.
i spotted many cars in the scenes with blue license plates assigned to gasoline car, which means these were gasoline cars instead of EVs. EVs were assigned green license plates instead in China.
Blue plates are ICE vehicles… u went to the wrong graveyard lol
The so-called "EV graveyards" has been reported again and again over years, with basic facts often distorted to fit their own agenda. Is it still newsworthy? Can WSJ uphold the least professional in journalism? For shame!
At 0:43 and 1:07 there is a logo that says EV. Are you saying that the journalist went to glue the logo on the back of the car?!
@@sergiosantos9418 it's an old commercial hybrid cars, that doesn't mean it can be EV
@@sergiosantos9418false advertisement. Those are not EVs
The blue registration plates on those cars means that those are ice cars, not EVs.
No. It means they were built before the green plates came in. I've seen Teslas on the road in Beijing with blue plates.
@@bugsygooBasically no one was buying EV before 2016, Tesla model 3 wasn’t even launched back then.
@@quarion125 Did I say model 3? No, I didn't. Please read comments before replying with such nonsense.
@@bugsygoo Model 3 is the first EV model Tesla released in mainland China that hit mainstream, there are only 150,000$ model s available before that. My point is a blue plate Tesla or EV in general is really rare, the vast majority of the cars before 2016 is ICE or hybrid. I’m just trying to be clear that there are really small amount of blue-plate evs, rather than believing the video and think every car in the video is EV.
At 0:43 and 1:07 there is a logo that says EV. Are you saying that the journalist went to glue the logo on the back of the car?!
Apparently blue license plates are ICE vehicles, WSJ are amateur journalists.
Nope. The Green plates were introduced in 2017 in a phased rollout, and EVs made around that time and before used blue plates.
@@Avantime at that time, most of the new energy car are Uber or taxi, those cars are already passed the lifetime set by the government. Those companies have to dispose theses vehicles.
@@yuxiangdu9228 Most are from the failed carshare/bikeshare boom in China ~5 years back.
They are not amateur, they just can't speak without telling lies.
At 0:43 and 1:07 there is a logo that says EV. Are you saying that the journalist went to glue the logo on the back of the car?!
As a Canadian I want to buy a cheap EV, not a triple priced American one. Ohh wait. We don't have any power stations any way
You can plug it in at home
And it’s shouldn’t be a problem unless you travel more than 250 klm round trip in your average day to day driving
Btw I what province do you live in? Every community centre where I live has these charge up stations
I don't think Wallstreet wants that for you 😂
But you have carbon tax 😂
You don't have electricity at home?
Most of these cars already have been used. As seen in the footage they were former taxi and ride hailing startup cars.
Exactly, they have 2.000 miles on the clock and are ready to be disposed. Very eco-friendly.
@@Marre480 Same phenomenon as with bike rentals. Too many car sharing and ride hailing startups bein financed and failing within months. Blame the Vcs for giving those startups money then
@@MircoWilhelm going to see a lot more waste before Chinese were speculating on real estate now they are encouraged to invest in technology sector
@@MircoWilhelm Correct. These are all blue license plate cars that have been registered, and the blue license plate is a gasoline vehicle. Or it could be the earliest tram from over a decade ago. You said there is an EV logo, but there are some green license plate cars on the screen. A new car will definitely not have a license plate. Only users who have the license plate will be granted the license plate. It should be owned by a rental company, most likely due to bankruptcy or property disputes that have been suppressed by the court. Judging from its obsolescence, it is evident that it has been in use for a long time. The other scene is obviously a new car, a parking lot of a certain sales company. Western media creates fake news to portray so-called "overcapacity" and matches the narrative agenda of Jewish groups.
@@Marre480 2 000 miles lifespan is what to expect from a chinese junk car.
the blue license plates are ice or hybrid only....bev are under green licensed plates....
There were a lot of green plates also. Weird mix of cars and stacking. I'm so confused why all the cars are there. It's like 50% junkyard 50% like new cars.
Older EVs did get blue plates. The Chinese government didn't start countrywide adoption of green plates until late 2017.
@@viewer-of-content I think they took footage from different locations and edited them together. That would explain the inconsistency.
At 1:07 you can see the blue plate has the EV logo - E in black and V in blue battery logo
Probably from before the blue plate was introduced
green plates also include plug in hybrids
We change and discard cellphones every year. Now it's happening with cars. Can't be good for the environment.
But it doesn’t burn gas so that’s fine
China has a big recycling industry expected they will be able to provide their lithium batteries need by 2059 by recycling alone
why are you calling affordable cars a cheap car all of us can't afford 30k car
The likes of her and others call it cheap is to demonize the Chinese. I agreed. Affordable is more of a proper word to use.
Also the American do not want US citizens to have access to these affordable cars. The US government want people to pay more. So they are forced to purchase union cars which cost more.
More union cars sold means more membership fees for the Unions.
There literally cheap as in bad quality.
Weird narrative. Just like planes, cars are durable goods, and by nature, their salvage value ends up in graveyards. Your average ICE car should be swapped every 6-10 years, which is roughly a 10.0-16.7% replacement rate. There's nothing particularly special about EVs.
Now, if you're saying that the replacement rate is way faster, I haven't seen the data that backs this narrative. Cars aren't that cheap, and even with rebates, the average consumer cannot switch at a faster rate due to income constraints. After all, the bulk of funds come from the consumer. Also, it's said to be waiting to be sold-that's the definition of inventory, not graveyard.
Oh well, clickbait titles do get views, and even journalists need to eat, but try harder next time.
Additionally, those cars had blue plates, not green.
Those aren't EVs.
American media are paid to promote negative news about China. When they can't find any, they make them up!
They put very high taxes/fees on combustion cars in big cities. So people are forced to sell their existing car or motorcycle in order buy to a PHEV or EV, which is exempt from those fees and may have free parking or highway tolls.
@@araara4746EVs didn't always have green plate
@@hi9580 EV in China always green plate
From a certain perspective, Chinese media should really learn from Western media.
👍
Chinese media is entirely state-controlled -- and CCP ensures it will remain that way. Western media isn't.
cherry-picking facts to tell lies
Nah yall need to learn how to not go to the bathroom in the middle of public streets first and then worry about your “media”. India 2.0😂
some of them did, those reporters are either dead or jailed
God forbid the US market gets good affordable cars.
See anything in that field of vine covered EV's you'd like?
@@sprague49 i would take one for free rather than living in tents
@@sprague49 This is the mentality that keeps people poor and desperate, they rather buy something they like knowing that it will depreciate in value than something just useful. Everyone should be welcoming low prices and quality for everything, specially in America.
They’re not good cars. Besides, the CCP is doing this not to create a respectable auto market like Japan, but to weaken other countries so they can assume a dominant role on the world stage
The Brazilian government also applied tariffs, but Chinese companies bought local factories. BYD bought a former Ford factory, GWM a Mercedes plant and Chery already operates in the country.
Most of the cars in the "graveyard" seem to be Chana Eulove EV.
From Wiki: As of 2018, the Eulove EV is packed with a 34.6 to 43 kWh battery with a range of 252 to 315 kilometers. The Internal combustion engine version was discontinued after the 2015 model year while the electric version was available to car sharing platforms throughout 2018 with a price range of 158,000 to 159,800 yuan.
The cars are problably from a defunct car sharing company.
These cars in the first part look like they've been parked there for years (and a lot of them have blue license plates), but the cars in the second part (green and unlicensed) look a bit too new? Parked for months or years with only such a thin layer of dust, you guys are pretty confident in China's environment huh, did you find a cheaper parking lot temporarily rented by the car makers, where they parked them just waiting to be shipped to the 4S store?
Go search the "Inside Cxina Auto" , he has filmed the video of "Electric Car graveyard", ppl should know that many cars are parked here, mainly because the car rental company is bankrupt, there are many debt disputes, so the car cannot be auctioned for the time being. Otherwise, a car has the most basic vehicle functions, there is no wrong vehicle, only the wrong price
There are forests with thousands of vehicles dumped in them and the person doing the video clearly showed they were BEV. That wasn't shown in this report from the WSJ, or they'd get kicked out of China.
There is no MAIN news source with an office in China that can show images or video like that because of China's anti-espionage laws for which taking PICTURES can get you in prison. If you show the CCP or China in any negative light that can get you put in prison. There are already hundreds of people in prison from this very thing.
NO ONE is paying a fee for those vehicle dumped into forests. The supposed story was those vehicles were supposed to sell to taxi services or delivery services. The REAL truth is they're pure junk made SOLELY to get subsidies from the CCP which was a PER VEHICLE subsidy, and they made money without EVER having to sell a single vehicle.
Does the truth hurt?
ppl should know that many cars are parked in "graveyard”, mainly because the car rental company went bankrupt few years ago, there are many debt disputes, so the car cannot be auctioned for the time being. Otherwise, a car has the most basic vehicle functions, there is no wrong vehicle, only the wrong price
@@kenso888
many are from failed ride hailing companies where there are still 300 left In China
No one is going to buy a used EV when they are obsolete, new EVs are affordable and have better tech
And for sure no one is going to start up a new Ride hailing company, using the EVs from a failed ride hailing company
Better to just recycle them
👇
China is way ahead
China is the world's biggest EV producer and market. It's also a leader in battery recycling.
China's EV battery recycling market is about 10 times larger than the EU's, Christoph Neef, a scientist at the Fraunhofer Institute for Systems and Innovation Research in Germany, told DW.
China, a major producer and processor of key battery raw materials like lithium and graphite, could replace lithium obtained by mining with recycled lithium in EV batteries from 2059 onward, according to a study by the University of Münster in Germany.
By comparison, Europe and the US are expected to reach that milestone only after 2070. As far as nickel is concerned, China can probably meet demand through recycling in 2046 at the earliest, with Europe following in 2058 and the US from 2064 onward.
DW
@@kenso888 Correct. These are all blue license plate cars that have been registered, and the blue license plate is a gasoline vehicle. Or it could be the earliest tram from over a decade ago. You said there is an EV logo, but there are some green license plate cars on the screen. A new car will definitely not have a license plate. Only users who have the license plate will be granted the license plate. It should be owned by a rental company, most likely due to bankruptcy or property disputes that have been suppressed by the court. Judging from its obsolescence, it is evident that it has been in use for a long time. The other scene is obviously a new car, a parking lot of a certain sales company. Western media creates fake news to portray so-called "overcapacity" and matches the narrative agenda of Jewish groups.
❕They can build a car every 76 seconds❕Musk’s timing❕
You've never been to a junkyard, have you?
These junkyards have nearly sprung up overnight. Huge difference
Chinese electric vehicles have green license plates. What do the bunch of blue license plates you took in front of you mean?
像是新能源早期的报废汽车
None of those cars are EVs, they all have tail pipes. You can also tell be the color of the license plate.
@@johndoh5182 The Chinese bought lots of GM vehicles in the past even knowing our government bailed them out. We have no room to talk about subsidies.
@@johndoh5182 Lol you make it sound like Chinese subsidies are so high that the auto manufacturers would produce excess to collect the money. It's really just approx. $700-1,400 per car + no sales tax for the consumer.
@@johndoh5182well said!
@@frankcoffeyyou are talking about loan and stock purchase subsidies vs direct consumer purchase subsidies. They are completely different.
@@wenerjyyou are leaving a lot out of that number. Chinese state subsidies go much deeper than that.
China offers zero interest loans on anyone building factories, they dump cheap capital into research, they artificially keep wages low, taxes low, ect.
Then you have to peel back the regulatory side of things. They don’t require the same amount of testing on these cars, consumer advocacy is non-existent, insurance is provided through Chinese insurance companies, keeping rates lower. Lawsuits keep companies honest. You cannot tell me that in an environment where lawsuits are not possible, that companies are not directly benefiting from that.
Don’t tell me it “appx 1400 a car” it is way more.
Videos of old rental EVs in scrapyard juxtaposition with new BYD inventory cars is dishonest journalism.
Bot
@@sarahhiyandao7811 Hope you have can comment more than just a single word or standardized slurs and insults like trained NED bots.
Can we buy it for part?
The WSJ and its editors/reporters are severely suffering from the Sour Grapes Syndrome, aka JEALOUSY.
just tofu dreg cars
Pure propaganda piece. What tells me so, she keeps inputting her opinion, "good EVs(subjective especially given how many BYDs have self combusted, just last night in China a factory burned up), stating that the EV graveyard is all old and outdated EVs which isnt the case she even said so that the new ones are they're too being unsold. As for circumventing the tariffs via Mexico, shes a journalist isnt she? Katherine Tai is well aware and is already informing Mexico that it will not allow that from happening. Open market happens when everyone plays in an equal footing China has not done that hence the tariffs. The irony being that China welocmes companies, gets their IP, makes a domestic version and spits them out. The problem they have with the overcapacity of EVs is that their isnt enough domestic demand for them so they want to export their problem. Countries will not allow that especially if it means hollowing out indistries that create employment for its citizens!
Provide proof . Waiting
So countries should stop producing excess for the export market ???
Their electric cars get more laughs than all the
Seindeld episodes.
There are a few major reasons China has EVs sub $10k.
1. No environmental restrictions. China has never been known for keeping the environment safe. The restrictions in the US add a significant amount to manufacturing, especially around Lithium batteries. If you truly care about the planet, this should be a consideration for sure.
2. These Chinese cars probably don't conform to the NHTSA and EPA standards. The extensive testing needed to pass these standards will also add to the cost of the vehicle.
3. The Chinese heavily subsidize manufacturing, making it virtually impossible for companies in the free market to compete.
Thanks oil CO's and maga
This reporter, whether intentional or un-intentional, indicated that the US PIONEERED the EV car. And I completely disagree that statement. It is shameful for WSJ has such reporter to mislead the viewers.
Electric cars have been around for a hundred years. Don't take it personally. For most of that time they have been a niche use novelty.
You may disagree but it's the truth. The US is the greatest country in the world.
It's like that scene in I, Robot where the obsolete robots are dumped in one place after they were replaced by the advance models.
Even with the new tariff, it is still quite affordable at not even $20k.
They’re dangerous, unreliable and increasingly bad for the environment. Not to mention, unethical. All those features come stock with the vehicle
Gas is a finite resource and price is only going to go up. Until western car companies get serious about EV, then we shouldnt be shamed for looking at China as an alternative.
煞笔吧，拍了一堆4s店停着的新车然后管这叫gravyard，就光顾着输出观点了呗
命题作文，你还想怎样😂
中国电动车可以自燃，这可是遥遥领先，支持你全家乘坐😂
@@user-FREE2024你地下的家里人应该是想坐坐不了了
而且那些起灰的车基本都是蓝牌，只能说这视频够nt的
@@user-ji9dc4uk3u这些都是旧的。
还是乘坐地铁对环境比较好
Good video
The good thing is, the cars parked themselves in the graveyard. So they can park side by side without the need to leave any gap for driver to exit the car. It saves a lot of space.
only Americans have to pay high price for electric car while it's so affordable now
Our EVs are expensive because we have safety standards. Buy a cheap Chinese EV and it'll be a flimsy thing that will fall apart in a few years if it doesn't catch fire first.
What the reporter failed to mention about Xiaomi's Porsche Taycan carbon copy EV -- 20% of SU7's sold in China have crashed or has faced issues. And the car only launched late March.
As unreliable as an Indian car ？ LOL
Always watching from Georgetown Guyana south America 🇬🇾🇬🇾
Parts can't be reused?
They’re not meant to be repaired like gas cars. When they do repair them, you practically have to take the whole thing apart. It’s cheaper to lease a new car and throw that one in the trash. Like a cell phone.
The cheapest EV in the US is the Nissan Leaf at $29,280 and has range of 149 miles. So even with 100% tarrif, the BYD Seagull is cheaper at $19,600 and has a better range (260 miles).
Because of the competition brought by EVs, other brands of ICE in the Chinese market have reduced their prices, and the prices have been significantly reduced, such as Volkswagen, Toyota, Honda, BMW, and Mercedes-Benz.
New 2024 Toyota Camry about $21,300
nissan leaf buyers may be eligible for a tax credit which will lower the price but it would still be more than the seagull
They also come with that CCP quality aka Cheap Chinese Product
But the Leaf is far better built, complies with safety standards, and won't catch fire.
Disposable Chinese cars? Interesting. I'm sure the environment's gonna love it!
It is interesting how disposable Chinese cars are driving American cars out of China LOL and the US raises tariffs on Chinese electric vehicles to 100 percent， I think they're stupid for doing this with a disposable car.... You're obviously a lot smarter
😂
@@jason980e I'm smart enough to know that they're cheap. Which probably doesn't bode well for safety nor the environment considering China's "Tofu Dreg" engineering practices and their total disregard for clean air and water.
😂 white nationalist 😅
@@vizfact you need electric car in Mexico where electricity generated from coal and and fuel burning and grid are overloaded that their are power cut everyday.. good luck 😂
100% tariff is not gonna be enough. The price of Chinese cars made by robots is going to zero. Meanwhile the American factory worker wants $300k/year. Rough times ahead for North America.
What is the name of the racing game at the end? 5:14
RaceRoom
这新能源车咋是蓝牌啊？😂
外国人不懂
Sure I know what you mean, they found the wrong graveyard, with blue plates meaning gasoline cars. Although, 1:19 are all green plates.
@@rollingdownfallingbut that’s are new cars………
Oh how nicely those batteries will play with the ground water.
And yet no one will ask or question this impact on the environment?
In China, EV uses a specially designed green license plate. But in the video 0:30 all abandoned cars have a blue plate, which means they are petroleum cars.😅
You're lying. I am Chinese. The vehicles in your video all have blue license plates, while electric cars have green license plates. Get some common sense before lying."
IMAGINE all the US car junkyards just sitting there... IMAGINE!!!!!!
China is not worried on US market and their tariff. There are asian markets and European markets where US have no control of trade tariff. No one can stay on top forever in the game.
Is it just me or there was lot of echo in this video ?
I love the grounded reality of this channel!!!
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I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do ? Thank you
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It's great to see you guys talking about
Michael Wayne, This man changed the game for me. Good Man ❤.
No doubts, this Michael Wayne must be an icon; how good is he and how safe is "profit making" with him.?.
You went to the wrong graveyard lair, go find your own.
Even at 100% tarrif, they can still beat GMs cheapest EV. If tarrifs are they only way you can compete, your company is already tanking. Full stop. Get your house in order or shut yourself down and move over.
Why is California using BYD for their new public transportation?!
Been watching quite a few reviews on that Xiaomi SU7. Looks amazing.
Would never buy one even if I got paid to drive it. China Communist cars can stay in China
Yea, I just watched a YT video today about one blowing up and the other one the rear axle fell out causing the car to be totaled .... looks are deceiving !
@@user-ei1ct4gn7s Can't find any news article on the car exploding. Are you watching that falun gong propaganda channel? Or do you have a real source? I did read about one car that broke down after 39km but the owner got compensated for that.
Stop wasting your time, i just need cheap affordable Chinese ev😂❤
Do some researches… EVs in China have green plates…
Dude you can see it’s ev models and even had the ev badges. Hahaha
@@Cryaboutmyhandle even hybrids label them as ev...the pure bev is under green plate only
@@Cryaboutmyhandle Read and learn bro
a quick google research told me that 2017 or lower car, even EV, has blue plate.
@@lAITDlusshunk No, even EVs in 2016 all had green plates, and Chinese EV brands only started to grow explosively in 2018.I took photos before.
Wow, EV graveyard? Fascinating yet eerie 🚗💨
China is also dumping cars in Europe. Without buyers or a strong sales network, these cars just sit there, getting older and losing value. In contrast, other brands only deliver on demand; dealers first find buyers and then ship the cars. According to many Chinese people on Chinese social media, the quality and safety of these cars are not great.
Cheap but not good. Batteries lacking potential.
Catl , byd largest market share in world . No American battery manufacturer in competition with them , u still saying not potential in chinese batter. Ford , tesla , rivian , all evs use chinese batt
@@jashanvirsingh2166 point still stands chinese product not good
@@nueat6I hope you're not American, because there's a a Tesla factory in China. And the Chinese Teslas come with one big difference from the American Teslas, and that's build quality. The Chinese Teslas don't have the same build quality issues that the American ones suffer from.
@@bugsygoo Made in china is not a symbol of quality but of quantity. End of conversation.
@@nueat6 And you are writing this using...? Do you really think China became the world's factory by producing bad quality. That is demonstrably untrue. Now we can end the conversation.
Imagine the environmental impact on the water and soil.
Blue plate isn’t EV, it’s ICE. Green plate is EV.
Search in Google “The military aircraft boneyard Tucson, Arizona, United States”.
If china would never have excelled in evs , then imagine environmental impact . Bcoz us automakers are still now reluctant on developing ev technology. So someone has to start .
Low tiered EVs are selling like hotcakes in South East Asia.. The prices are capped as free taxes too.. All 4 sesters EVs, not 2 seater sold in China...
Imagine the environmental impact of extracting oil and then burning it.
Imagine the environmental impacts of US bombings including two atom bombs
China went from making ghost cities to ghost car lots xD
The only way for the US to maintain its automotive advantage is to vigorously develop gasoline powered cars, not electric cars. No country can catch up with China in the field of electric vehicles anymore
Whatever you admit or not, Chinese EV car has surpassed the US EV. Three manufacturers can only survive under protection. US need more car makers like Tesla, and let the market decide the salary not the union.
Why isnt the rest of the world outside US and Europe enough for Chinese EVs ? Thats 6 bn customers. All you hear is US and EU from China. Its because thats where the cream is.
@@davidfarrell1062 what about tesla? Last time Japan cars flooded into America, the government protected three manufacturers, but Japanese cars sell well now in America. They need to adapt to the market instead of surviving under protection.
Chinese want to protect the government car makers in China many years ago, then the government car makers had never made good cars. Now the cars with good sales all made by private car makes.
Unions are part of the market
Wait a Sec... what did you say at 0:22? Cheap and good ?? 😅 to make human barbeques ?
How many have 0 miles
If you notice the accounts trying to downplay this are all from china. Well you figured it out.
If you notice the accounts trying to upplay this are all from America, including the propaganda media that made this. Well you figured it out 😂
America: Can't beat them, ban them sanction them tariff them and fake news them ❤
If you notice, these accounts including mine are people who regularly call out Western hypocrisy. When the West got beaten in the EV revolution, now is the time for bans, tariffs and smear campaigns against the ones who succeeded. Thanks to the popularity of English language Western media can keep publishing *utter bs*
this is how your logic works in your life?
When West got beaten in the EV revolution, suddenly EV became bad lol
@@Kevin-kd6hf Is he wrong?
Those blue plates are not EV, EV has green plate.🎉
Don't show cars with blue license plates in videos
Fake news! Those are old 1st gen models and also those aren't EV since tried paltes aren't green! Please do your research better!
What a strong China, it can still survive with so many EVs abandoned like that.
Read the comments
yes, so strong that the world's most powerful country need a 100% tariff to protect itself from them.
Well.. I didn't think of this one.. Wow. This can be a waste problem of a really massive scale if extended globally.. We need to think about this.
Its funny, i saw a 600m2 block behind a car dealer in Logan parked solidly with MG ev's around christmas, then they vanished?
They were all white or blue.
不就是租车公司旧的不要的淘汰下来的车么。 就只会闪烁其词的做宣传，你们西方媒体也要提升自己的工作水平啊，越来越无聊了
Ummm until the US and Canada can get power charging stations, it's a moot point. Sell all the EV's you want, the US/Canada still has years of development and a LOT of land to cover.
What I've repeatedly seen in Asia, a disposable economy. What happened to all the Honda 125 motorcycles which were the bulk of personal transportation just 15 years ago? You still see 1960-80's vehicles on L.A. highways, since they didn't rust out there and owners find parts and learn to keep them going. Perhaps disposable makes more sense, looking at how rapidly Japan and Germany re-built and improved after their cities were levelled during WWII.
Another environmental disaster?🤔
Those aren't EVs.
It had blue plates, not green.
@@araara4746 what’s the difference, it’s waste
@@mack-uv6gn
If what is being discussed is about waste old, used or damaged cars, is it the same in other countries? Or do you want to say something like this only exists in China and not in other countries?
Why is it that what happens in China always becomes an issue, while the same thing in other countries never becomes an issue?
Search RUclips with the keyword "car junkyard around the world" and you will see the same thing happening everywhere.
@@araara4746 obviously you didn’t understand my comment. The word another isn’t crystal clear enough 🤦🏻♂️
Those batteries content some dangerous chemicals which Can harm environment
Electric cars require road and charging infrastructure to support them. This limits export destinations to highly developed nations that have their own industries to defend.
Thanks Greetings Like.
So Basically you are promoting china😂
Oh sure, video of an EV graveyard.... basically a tourism ad for China... /s
@@holycrapchris
Those aren't EVs.
It had blue plates, not green.
What a waste. Can't they recycle???? Wow!!
Hahahahahaha
You cant recycle batteries.its posts like this that prove none of you have a clue.
Blue plate isn’t EV, it’s ICE. Green plate is EV.
Search in Google “The military aircraft boneyard Tucson, Arizona, United States”.
@@Cryaboutmyhandle
Lithum Ion batteries can be recycled.
And tact is a good thing
@@adriancooper78 that’s totally false as you can’t recycle a chemical reaction and you even liked your own post. Hahaha
@@adriancooper78 provide us the place selling recycled batteries at and save my shop millions and if we are able to. Why haven’t we done it for decades and can’t be bought daily at the store? We will wait.
US tariffs are not put in place to curb competition, but to account for Chinese government subsidies
The regulator has taken a very measured approach to level the playing field
A BYD factory in Mexico would not receive government subsidized energy, thus no tariffs are required
The cars in the cemetery you mentioned all have blue license plates, which means they are all fuel vehicles. All EV in China have green license plates. . . . . Are you talking nonsense and being overbearing if you don't cover up this fact? After all, it is also an international media
This is the reality of EV. They don't last as long as an ICE car and ends up as piled up waste shown on this video.
Blue plate isn’t EV, it’s ICE. Green plate is EV. Do more research!
Search in Google “The military aircraft boneyard Tucson, Arizona, United States”.
Those aren't EVs.
It had blue plates, not green.
It’s funny how you make it sound like it’s only there ev not all of em. Show me one that can last as long as an ice car we will wait.
What?
@@user-qx6pd6om2j Evs aren’t lasting long like an ice car. Do you understand it now?
@@Cryaboutmyhandle what is an ice car?
@@FenceAKAGlasnost the thing your mummy drives you around in.
@@Cryaboutmyhandle what does my mummy drive around me in? I'm confused.
It never made sense that EV is more expensive than IC engines. EV cars should dramatically reduce the cost of cars in general.
How Can I buy these cars?
Are there auction sites or something?
Those aren't EVs.
It had blue plates, not green.
still owned by someone for legal reason.
Tariffs are hardly protectionist when China is not competing in a traditional free market sense. The Chinese offer better prices not because they are more efficient, but because the CCP manipulates its currency to make exports more competitive (transferring wealth from importers which is usually the household sector to exporters), sets the interest rate of deposits and loans artificially low (transferring wealth from savers to borrowers), and a whole of host of direct and indirect (e.g., subsided land prices, no environmental protection, little to no workers rights, absent social safety net, etc.) subsidies. The CCP is NOT competing in the traditional free-market sense; it wants to export its way to wealth by impoverishing and weakening the West in the long-run. Thankfully, BOTH Trump and Biden realize this, and are trying to level the playing field to prevent another hallowing out of the US's industrial base, leading to more unemployment. Once the CCP decides to play by the rules of a market economy, then we can have an honest discussion about competition.
For those same reasons manufacturing left the usa. The only problem this time is that chinese figured out how to cut the middleman (usa), so now china bad.
USA car companies are also over pricing.
USA companies are over pricing and getting US Gov subsidies.
Is that ethical? Sound like a scam.
>"These electric cars..."
>posts a graveyard full of gas powered cars
I'm starting to think Trump was right to call you fake news.
You can see the ev badges short bus. You even liked your own post how sad.
Ture, only green license plates are EVs