China becomes world's electric vehicle powerhouse, causing concern in EU • FRANCE 24 English
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- Опубликовано: 1 май 2024
- China's electric vehicle (EV) industry has grown exponentially in recent years, encouraged by colossal state subsidies. China produces three quarters of the world's car batteries, a huge advantage for carmakers who can drastically reduce their production costs and expand internationally. The Asian giant is now the world's top exporter of cars, dethroning Japan. But the situation is worrying the EU, as Brussels fears unfair competition could seriously harm its car industry. Our correspondents report.
#China #electric #vehicle
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The West: "Let's all go green and save the planet!!!"
China: "OK!"
The West: "But only if we get to make all the profits!!!"
Yes😂😂
Bruh 😂
😂😂
😂😂😂
😂😂
Europe and US: we support the free market as long as it's not about China. And we support free speech as long as it has nothing to do with Israel.
Hypocrite
Duh, you can't have free-trade with a country that doesn't believe or practice it.
Rightly Said
Totally agreed 💯
Genius, you should have a PhD in international politics
I don't care who made the cars. only want to buy better and cheaper cars.
Fine. If you prefer buying rubbish imported Chinese Tofu Dregs vehicles.
How many chinese goods you own and how many of them are better?
@@ruuuuudooooolpha couple.... I own a Chinese smartphone, the best smartphone I ever owned.
I have had this phone for over 2 years now... Planning to buy a more advanced Chinese phone soon
@@ruuuuudooooolphAlso their cars they don't break down every 3 months like western Cars and even if they break down their parts are cheap and easy to find compared to Western parts where I'd have to ship them with ridiculous prices only to break down 3 months later and I mean BMW by the way.
Most of us do, except rich politicians
Europe : We support free market unless you buy our products not Chinese
We also love to impose unewual "free" trafe agreements in 3rd worls countries.
They want the Chinese only to sell the low tech cheap products but not the high tech expensive products.
Yes, the West is a total hipocrit
it's called "kicking away the ladder" it's europe, u,s west, mindset, they call it free trade when they're leading the way, but since they're losing, what they're trying to do is sanction China for developing, the truth is, it's not going to work, it just shows europe, u,s, are weak, they don't want competition cause they know for a fact they cannot compete with strong China, don't belive me? go watch interviews of europe and west, saying they cannot compete in youtube interviews, China is billions, just accept facts, the world is changing, and the future is China, whatever you like it or not.
China doesn't believe in or practice free-market. There is no point in reciprocating it.
I smell panic. French and German panic.
It's not the people, it's the governments.
German auto joined Chinese supply chain, France can't compete at all. So no one panic here.
There's only 1 country that is panicking which is not in Europe. That one is always against other countries development in becoming a powerhouse at something. Guess the country...
😂
Germany is wise. Instead of trying to hinder the inevitable and lose at the end, Germany joined hands with the Chinese Auto Industry so that they can profit from their success.
What is wrong with China providing cheap cars for us end users??????????????? what is wrong with that!!!!!!!!!!!!!!!!!!!!!!!!!!!
That means the dawn or Euro manufacturing, factories closing, a huuuge wave of unemployed people, and all EU euros will leave EU to go into Chinese vaults. In short, a considerable decrease in welfare.
@@Checkmate025 It's called competition. Some lose, some win, right? It's ok when Euro cars dominated China market for decades. It's not ok when China make better and cheaper cars? Chinese don't have the right to better welfare?
@@Checkmate025 The Chinese cars selling in Europe are very expensive, they are not cheap at all.
@@LH1xxbecause of the import tariff
The rich Capitalists in the west don't like it !
Imposing high tariffs on Chinese car will not help EU. China can simply sell their cheaper cars to the rest of the world, replacing European cars. Worse if China retaliates by imposing high tariffs on European cars.
Yes, the rest world is large enough for Chinese auto companies. Though some of them are still poor now, that's why China has one belt one road, when they are rich, they will buy more from China. US and European companies won't have enough market so they won't be able to develop and lag even more
The west transition to electric cars is a very big investment. All the while they are doing internal combustion engine, suddenly they found out nothing is applicable now. In come car companies there are still ongoing loan repayment dealing with RnD and the whole line setup. It may take more than 10 years to have their investment paid off. That is why they could not sell those EVs that cheap. In China meanwhile the story is quite different. For a new startup it is a lot cheaper to invest on EVs since the supply chain already there. If China export at cut throat price it will cause a lot of legacy car companies unable to compete leading to shut down
Given how larger are the margins on Chinese cars sold in Europe - the same Chinese car sold in Europe costs 50% to 100% more than in China - the EU would need to impose tariffs higher than they are allowed to by the WTO in order to prevent the Chinese from dominating their market (or else figure how to build cars cheaply inside the EU).
And if they try to use environmental tricks such as carbon footprint, China is quickly building up renewables; BYD, in particular, makes both solar panels and grid-scale batteries, and could quickly replace all energy used in making its cars with renewables if needed, and since it's a vertically integrated company that would include even the energy used to make the parts that go into its cars. It also doesn't use Cobalt or Nickel in its batteries, so human rights violations in exploring cobalt or pollution from producing nickel don't affect its products, differently from EU-made EVs.
you good
Oh China will retaliate for sure. It doesn’t matter to France since France has no industry anyway but the Germans would be hit hard. That’s why EU hasn’t done it yet
"Colossal state subsidies"? You mean like the $7500 tax credit I can get from the Federal government for buying a Tesla?
No, we are talking about "export subsidies" and "local content requirement." Try to keep up.
@@tooltalkThe Inflation Reduction Act is handing out $800 billion in subsidies to US EV manufacturers. That is multiple times higher than any Chinese subsidies.
@@danielzhao5471 Do you always upvote your own comment? YOu must be the loniest guy here. LOL or has anybody told you that that the Western world is de-risking/coupling away from China?
@@danielzhao5471 and how much of it is "export" subsidies?
@@tooltalkthe IRA specifically stated local content requirements to qualify for subsidies.
don't surpass us, otherwise we will impose ban.
How dare you speak the truth ? You should be ashamed 😂
Ouch it's bad😂
That sums it up nicely. 👍👍
U.S.
Consumers want cheaper cars. As simple as that.
I would not buy cheap Russian car no matter what. China is also problematic.
Yes, they need a tofu dreg cheap cars 😂
@@warsamaosman0894 their quality is much better than GM and Ford, good enough for me
@@warsamaosman0894 Stop your jealousy.
@@warsamaosman0894while you just handling your money to some greedy capitalists just for 1 car
1) So what if Chinese government gave subsidy? Didn't the US and EU give subsidies ever?
2) What happened to the so-called free market capitalism?
3) US is already subsidising chips. Would EU impose tariff on US made chips?
it's only "free trade" when europe, u,s is leading the way, but they're not. If europe, u,s was leading the way, what they would preach is free trade, but in reality they would kick away the ladder so other countries cannot catch up, which they been doing to other countries for ever, read the book "Kicking away the ladder" united states of hypocrisy
1) export subsidies and local content requirements are in violation of China's WTO obligation.
2) China's ability to trade with the world depends on China's free-trade committment made in 2001under the WTO.
3) China has long illegally subsidized various industry. The US CHIPS/IRA are reciprocal policies against China's illegal practices.
西方媒体总是错误向西方人传播大量关于中国的新闻，误导西方人。
比如宣传中国汽车是因为国家补贴才低价，这就是最大的谎言。
西方政客不敢承认自己执政无能，在电动汽车产业输给中国。
Double standard at its best😂
1) the Chinese gov't subsidies are illegal under China's WTO obligation. Subsidizing local industry to undercut foreign competitors in markets abroad or de-subsidizing foreign competitors in local market is illegal b/c it's designed to distort trade and competition.
2) absolutely no reason to reciprocate the benefit of free trade to a country who doesn't practice or believe in it.
3) you just need to understand what is "actionable" or injury to local industry.
Note how they say the market is flooded with *cheaper* chinese electric cars as if they are inferior due to being cheaper. Chinese EVs are the best in the world and sold at affordable prices. People forget we have become conditioned to think paying these absurd prices for cars in the western world is normal. China is way ahead of us. I wish I could get my hands on a Chinese electric car.
Chinese products usually only reliable for 12 months or thereabouts. I wouldn’t go buying one
西方媒体总是错误向西方人传播大量关于中国的新闻，误导西方人。
比如宣传中国汽车是因为国家补贴才低价，这就是最大的谎言。
西方政客不敢承认自己执政无能，在电动汽车产业输给中国。
China EVs are definitely best quality in the world.
Too late. Almost everyone will be driving Chinese EVs very soon. Africans with low income will be happy they can afford to buy affordable cars; just like how they can now afford flat screen TV's at $300 and not the expensive Japanese ones at $2,000... Sadly unlike Mercedes, Bentley, etc the mass market European brands like Fiat, VW, Renault are in trouble from the China competition..
EU , calling unfair, the hypocrisy
Whenever China makes positive moves for itself, everyone panics.😂
hahahahah if EU dominate, it's fair trade, but if other countries dominate, it's unfair. 😂😂😂😂😂
yep, "Kicking away the ladder" EU, u,s mindset.
two bots talking to eachother
If the car is safe, then what’s the problem? Local consumers doesn’t deserve a good deal?
The US and Europe: "Global markets are being flooded by cheap Chinese EVs".
Reality: Global consumers have access to affordable Chinese EVs.
Amerika ve Avrupa hiç bir zaman batmaz sanayi inkılâbı ilk kez Avrupa da başladı bunu hiç bir zaman unutma
@@erhan3259The average European IQ is about 99-100, while the Chinese IQ is about 105. China's technology has lagged behind Europe in modern times because Europe was divided and competition promoted technological prosperity. During the Spring and Autumn Period and the Warring States Period 2,500 years ago, society and technology were far ahead of Europe when they were divided.
As early as 2,500 years ago, Europe was still a slave society, while China had entered a feudal society. China had entered feudal society as early as the Warring States Period in 475 BC, and Europe did not gradually enter feudal society until the fall of the Western Roman Empire in 476 AD. China is 1,000 years ahead of Europe. Many technologies in ancient China were hundreds to thousands of years ahead of Europe. The iron plow was more than 2,000 years ahead. Cast iron horse collars, paper wheelbarrows, rudders, iron cable bridges, and porcelain are more than 1,000 years ahead. Compass Gunpowder Chain Drive Movable Type Printing was 400-800 years ahead.
@@erhan3259欧洲人平均智商大概为99-100，而中国人智商大概为105。中国近代以来技术落后于欧洲是因为欧洲是分裂的，竞争促进了技术的繁荣。 在2500年前春秋战国时代是分裂的时候社会技术远远领先欧洲。
早在2500多年前欧洲还是奴隶制社会，中国就已经进入封建社会。中国早在公元前475年的战国时代就已经进入封建社会，欧洲直到公元476年西罗马帝国灭亡才开始逐渐进入封建社会。中国领先欧洲1000年。中国古代很多技术都领先欧洲几百至几千年不等。铁犁领先2000多年。铸铁控马项圈纸独轮车舵铁索桥瓷器领先1000多年。指南针火药链条传动装置活字印刷术领先400-800年。
Finally the high price and rubbish quality of European and American vehicles is catching up with them - and there's panic in the boardrooms. All credit to them, China has worked assiduously over decades to achieve what we're seeing today. There's nothing overnight or hidden in the shadows about this. The Sinophobic, arrogant, West simply was too blinded by their own pomposity to see this coming. And now, we'll tariff them out of our markets. Just guess who gets all the really good affordable cars? Not us, that's for sure.
The dragon has woken up
Their century of humiliation is officially over
"China is a sleeping giant, when she wakes she will shake the world"
-Napoleon Bonaparte.
@@dbdesignlabs Yep! The middle kingdom is back to its rightful place.
End of German and French car industry is coming fast
@@user-hl6mz3wz1d German cars are junk compared to Toyota
Dream on! People said the same when the Japanese released their luxury car lineup. BMW, Mercedez, and Audi are still doing well. On the contrary, it is the Japanese luxury brands like the Infinity that are looking wobbly now. All this in spite of the top quality of Japanese brands. Quality is not a trait often associated with brands from the middle-kingdom though!
Cant wait... 😅😊
@@erhan3259so what ? The first human walking was in Africa and look at there now
@@jarjarbinks3193 First of all, China is not Japan, and secondly, China believes in the motto, "Nothing is impossible", so I think we will see China's own Mercedes, Porsche, etc. in the near future, and not have to pay the same expensive prices. This is not referring to the stereotypical copycat of the past.
1:51 Global markets are now flooded with cheaper Chinese electric cars. Hurray!!!!
In European markets, it should call affordable rather cheaper.
@@user-wz8hp2ix9fChinese EVs are not only cheaper or more affordable, but also better.
The style sheets provided by their censors go with: overcapacity, flooded, endanger, threat, concern, confront, cheap, surveillance, scary, danger. The desperation to hold back the 21st cen. in order to keep the world in a cage and earn $ from minstrel shows clearly shines through in all Western coverage of the "scary" cars that are higher quality and $50k cheaper than Teslas. Boy genius needs just a few more decades to come out with all the "innovations" he's been promising for...... over a decade.
Actually not cheap…..
Eu: You can only buy our cars
What is wrong with selling the same cars for cheap?
Concern? They’re focus on business whiles the other side focusing on wars 😊. Unfair is sanctioning countries….
I don't need a expensive car. Cheaper is better.
Go China!
It's quite well known that Ursula von der Leyen is actually the representative of US rather than EU....
Part of the reason for Chinese carmakers' success is how much less they spend on upper management, including CEOs, and on dividends. Less money wasted on useless parasites or diverted to shareholders, more money for R&D (better products and lower production costs), expansion (faster growth), and wages (higher morale).
I mean, GM's CEO takes home over 20x more than the highest paid executive from BYD, and as far as car sales go GM is just 2x larger than BYD.
China's early lead in the EV race has all to do with the CCP's coercive and discriminatory NEV policies. Chinese EV/battery companies can't compete without protectionism from daddy Xi.
Greedy corporations are very upset on why public is getting an affordable car. 😑😑
Volkswagen has already joint development with Xpeng. It’s not that hard, just ask Chinese companies to collaborate.
when did that happen? sheesh was wondering why my xpeng pumped so hard
France, focus on innovation and improving productivity instead of worrying about China!
westerns are so jealous of china's auto industry
If my memory is correct, EU and America also have tax-cut policy towards EVs.
Guess the person who choose the title of this video doesn't know that EVs don't have gears
This gear is not used for cars it is used for company speed 😅😅
and I guess you don't understand English idioms
They do. Artificial Gearing simulation of how fast of a response programmed in the system
Its good to buy cheap cars than expensive ones
China exports 15% of its capacity. Germany exports 85%. Do we even want to talk about what percent of LVMH profits come from export? Come on this is absurd.
We European must only support American cars to prove our loyalty.
ha-ha,you're humorous😂
you are chinese stop lying
it is cheap because parts like batteries, motor,electronics are source LOCALLY
I am a poor middle income malaysian, nothing wrong in getting lower cost cars which rich people can buy. The world does not belong to the rich only. And global warming affects rich people too
It will not be cheaper because of AP
It was not an issue with cheap china products before. Actually from my understanding, China has the least subsidy for car companies in the world. Actually EVs are so affordable that China is even cutting tax break for EVs. The only subsidy China has is to provide cheap electricity and charging infrastructures. Chinese EVs are actually more expensive in Europe than what they sell them in China. Tesla may be the company that received most subsidy in China from the Chinese government.
You don't understand anything then. China has been subsidizing EV/battery industries since 2009 fairly comprehensively and exclusively to benefit their local companies only.
Dear EU USA, you can also give huge subsidies for your car manufacturers to compete, if you have not already .
What is stopping you?
Chinese car is only 2% market share in Europe, compare to Japanese and Korean car, it’s nothing. Cheap price car has also be good for European consumers.
Europe is drawing the anti china settlement along with america regardless of what the facts say
It's only free market if the product comes from Western Brand
Meanwhile Britain is thinking of smuggling opium into China and France is preparing to surrender.
With so much technological advancement in China no wonder EU is in panic mode.
But how about all these videos about Chinese EVs on fire?
same as telsa EV cars also on fire, and losing control
I mean they have peak efficiency with all the robots they use to make the cars
Dont you think they arre electric less pollution and cheaper than tesla,and even if they are giving subsidy it is better for consumer
EU should do everything to provide the buyers cheap EV, but it will likely do everything to deny cheap cars to the buyers
The farking government should concentrate on the quality and safety of the car! Not the farking price!
Reminiscent of 2004. China was accused of dumping cheap shoes in Europe then.
Now they are dumping EV.
China's great leap forward ❗
When the EU talk about state subsidy they are talking about themselves.
Mercedes and VW have been selling their cars in China for many years and earn lots of money. How come they are not concerned about reaction from China.
And they’ll get taxed to the hilt upon entry paid by the consumer
Thank you to the EU for helping promote China's electric vehicles
Remember long ago no average person could afford an EV? 😂
EU must subsidies their manufacturing to reduce prices and compete with China.
European governments should look forward constructively and less expose themselves so childish of jealousy.
I wonder how Napoleon see China's potential so far ahead of time. I know he is an amazing strategists but what data points could possibly be available at the time?
China went through some steep decline then.
China was the world's largest economy for 500 years until 1810 when the British invaded them. Everyone knew they would rise, they just didn't know when, we are experiencing it now
@@dbdesignlabs Yeah but historically, empires fall and rarely recover (not calling China an empire but just a loose term).
Roman, Ottoman, etc etc...
There must be something specific Napoleon saw with the Chinese with his insight. Something that allows him to see so far into the future.
basically when you're a nation with billions, you're strong.
India？Indonesia？@@jglg7238
@@jglg7238 not completely correct, population is just one of many factors. In this regard, India can be referred to.
How many mobile phones are made in Europe? After few decades the same situation will be with the cars.
so EU is saying it has never subsidised or imposed protection measures over other countries to preserve their lead... JUST ANOTHER HYPOCRITE
And these Chinese cars offer more for a lower price.
India said in year 1998 that they will be superpower by year 2020 or earlier.... 😏🤭
10 years ago Elon are still laughing at BYD....today, who's laughing now😂
I think Elon is one of the few western executives that respected China's industrial capabilities since the start
First of all, does EV really greener than gas cars?
Yes if your electricity is sourced from renewable energy.
I drive two overpriced European cars in China, Porsche and RR. when I went to Shanghai Autoshow both of my car brands didn't dare to get me a bottle of water meanwhile LI, NIO, XPENG, and other Chinese premium EV manufacturers had pizzeria, Starbucks, and resting and play areas for their customers. European brands need to come out of the cave and see the reality.
All Made-in-China are a major concerns 😂
Why any successful step from an other country, always causing so much concerns for EU and the US, the rest of the world always appreciating their successes in every aspect of life while at their term they don't react to others positively as others does to them. 🤔🤔
Egocentric behavior !
Indians said India will be the next China and replace China as the world manufacturing hub and manufacturing factory of the world by a decade. They also want to surpass China in all aspects of technology, GDP, infrastructures including space technology and more kilometers in the length of high speed railways than China. Very ambitious planning.
I wouldn't call it planning, but a dream. There is nothing wrong with that. Whether the dream can turn into reality, that's a different story.
What about build, safety and crash testing standards?
You should showcase NIO’s cars self swapping batteries
Who was the powerhouse before 😂and who was concerned before ?
Did you hear it. The products was bought locally in China while the US and other countries keep getting products manufactured and made in China and ship to their countries and the US. That’s a problem. Stop doing that.
Why does she call the global market "our market".
I have never seen a Tesla self driving car.
competition is good for consumers. governments get out of business.
One EV is assembled in one minute!!! From one car factory alone! Wow! That means 60 cars per hour!
The EU refuses to support european industry but gets mads at the Chinese and Americans when they support their own domestic industries. 🤷🏾♂️
They do provide subsidies to their own companies as well, but their companies didn't do much with them
To be honest, I think the era of expressing yourself with expensive cars is gone. I want a cheap and good car.
Thats good balance
Why concern?
Chinese car are cheaper but there is no maintenance support , we do not get the parts to mend car .
Provide proof😊
It's affordable. And it's green. That would be a YES for me.
For the quality, you get what you pay for. And to be honest those EVs look like decent proper cars from outside.
They distorted the tree colour to make it look more dead and dystopian
I've said it many times before, but I'll say it again here.
Chinese subsidies are NON discriminatory.
They are for ALL EVs made in China regardless of whether they are Chinese owned or not.
So for example, Tesla also get subsidies from the Chinese government. It's non discriminatory.
The UAW is screwed
No body is forcing you to buy.
I'll buy cheaper and better products. Why do I have to be punished with tariff!?
Buy 49% share of car company for your respective country unit
Cheap Chinese TVs is okay, Cheap Chinese Car is not okay
you not make sense
Then be competitive with your products.
UN: save the world environment
China: ok, I will make ev car to save environment
India: we make our cow car too
Look at Tesla if they can't sell EV they simply drop the price. Unlike German and French. No point for anyone to get ugly EV car with short range for double price. Example VW ID 3 40k€ and BYD Dolphin is looking better inside not 5in screen like in VW only for 30k€ and you have same range around 400km
The Europeans and Americans have had their days. Economic power is moving elsewhere.
It's natural and expected. Nothing can stop it.
consumers want VALUE!
Over capacity VS under capacity....Who wins????
First time in my life, I could buy a new car but EU is gonna push the prices to double with tariffs. EXCELLENT. Am gonna shave to stick to my 18 years old gasoline ICE!
don't be concerned, you want to go green right? embrace the change
Wrong indian map😡