MOTORTREND INVESTIGATES China’s EV Takeover of Mexico
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- Опубликовано: 10 окт 2023
- Now that China has made significant inroads into Mexico, is the US next? Get the full story: bit.ly/3PP3QuM
#ChineseEV #EV #MotorTrend
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There is a saying in China that 100 years ago Germany and Italy laughed at American cars, and then American cars became a huge success. 70 years ago America laughed at Japanese cars, and then Japanese cars became a huge success. 40 years ago, Japan and the America laughed at Korean cars, and then Korean cars became a huge success. 10 years ago, America, Japan and Europe laughed at Chinese cars...………
And then the Chinese will laugh at Mexican cars. And then the Chinese who have been justified in laughing at a American cars will have to retool overseas because there are no one to build them at home and then we can all laugh at Indian cars for a while.
@@HablaCarnage63
Never thought auto history can make me laugh out loud 😂
@@HablaCarnage63 nice！india having tata group！！
A lot of countries have laughed all of them all the way in the last 100 years. Still, these countries couldn't do anything themselves except laugh and look for the next to be laughed at. Keep laughing mate, one day you will be driving a car made in India and laughing at African automakers. 😂😂😂😂
@@sibaraku2023 I look forward to it. Especially if it drives itself when I feel sleepy.
Not just Mexico, we have a similar story here in Australia, about 90% of EVs are made in China, and it's gaining Traction quite rapidly from year to year. Chinese ICE and hybrid cars are also on a rapid upward trajectory too, leading the charge included MG, GWM, SIAC and LDV...
BYD Atto 3 is everywhere...
Let’s just hope albo doesn’t fold to American pressure and ban Chinese cars .
I've seen some Australian media reviews of the GWM Tank SUVs, which are the very opposite of EV, being super old school body on frame offroading vehicles like a Jeep or Landcruiser, yet the reviews are all pretty positive too.
Chinese EV is pushing 6 market,
1. Asia via China (RECP)
2. Australia via China (RCEP)
3. Russia via China
4. US via Mexico (USMCA)
5. EU via Hungary (EU member)
6. Latin America via Brazil (Mercosur)
Philippines is up next
China already imports Volvos and polestar EV’s to the USA
soon to be lotus
Was driving a Mercedes C200(2017) for 3 years. After owning and driving a BYD Atto 3 , I decided to Sell the Mercedes and Drive the Atto 3 , Full Time. Reason , :- Cheaper ( Running and servicing cost ) , Better ( comfortable , performance and sound ) and MUCH easier to drive.
And they say Chinese cars are junk...😅
"they" are someone who make that statement 20 years ago when Chinese car are junks but...NO more. They are real good now and they are at least 25% cheaper and as a consumer, that is what we want. I rather save $10K and taking my family to a nice vacation and put the savings on the dinner table.
@@thomaslong8448Seeing them on fire posted all over they are. Unless you’re that blind 😂 🙈
@@Anomize23you can also see Tesla, Mercedes, Hyundai EVs on fire over the Internet....
You've ignored one key thing.. Safety!
I bought a brand new Chevron in China at $8k, look at US car market, the cheapest car is around $20k, we need disruptors to get more affordable cars.
Ignore the trolls that say this is sponsored when they clearly showed how bad chinese cars were and how good they have become. This is journalism not sponsored trolls here on the comment section
I’m Mexican and I live in México City. Here we use to liked American. Chevrolet only sells Chinese cars like Aveo, Ónix, Cavalier, Ford stop selling cars (only Mustang) and Chrysler/Dodge only sells Charger, Challenger and 300. Now American companies only sells SUV and only Europeans and Asians offer us cars in both versions petrol and electric. And that why imports from USA keep downing.
is Tesla popular @ Mexico?
@@fatdoi003it's popular at its price range, but there aren't that many people who buy at that price range
American vehicles are the HIGHEST quality.
@@hectorcardenas2171while also having many recalls?
@@hectorcardenas2171 hilarious
Americans already have Chinese EVs, its called Volvo. Owned by Chinese Automaker Geely. In fact the new EX30 is a 100% Chinese developed and produced vehicle.
>> Americans already have Chinese EVs, its called Volvo.
@@tooltalkno it's not. The best selling EVs from China is byd ,infacts it's only a couple thousand short from taking over Tesla as the number one ev brand.
@@weird-guyVolvo or Sweden is not known for EV technology.
You mean ice cars
@@dearcoolz >> The best selling EVs from China is byd
@@tooltalk you are delusional.s frog living under the well
Warren Buffett-backed BYD is just over 3,000 cars away from overtaking Tesla as the world’s biggest seller of EVs
Tesla sold 435,000 electric cars last quarter, while BYD sold 431,000 battery-powered electric cars over the same period, leaving a gap of just over 3,000 between the two firms, according to calculations from Bloomberg.
As a Chinese, I like this video. But to be honest, there are more brands and vehicles types in China, and they are much more cheaper every months. And with rapid Revolution of AI assisted software, the products will be smarter and make the car as a smart terminal connect to electronic device rather than a tool of moving, once mutual products in China assembled in Mexico. It is unbeatable. Because it is cheaper, smarter, more fancy. Even Countervailing subsidies Anti-dumping investigations cannot stop the trend changing. Solar panel industry has proved it. Customer will make their wise decision.
maybe chinese brands are new in your eyes. but if you look at the workers behind the door, you'll see many former executives of audi, rolls royce, VW, working in chinese car companies.
it's surely beneficial for Mexico.
And all of Latin America... Including the USA! ;-)
Great comment comrade. 10 social credits have been added to your account.
This feels kinda cope from you bro @@RmnGnzlz
I got a mg here in Spain a petrol version and it's a really good car and the best selling model in Spain in August! And in the Dominican I got a Jac S2 it's 7 years old 150 000km and not one single problem in those 7 years
In China, MG is an unremarkable brand with a very low price (one-third of the European price), and there are basically very few people buying it.
Chinese people may think that the quality of this brand is not good enough, and the style of the car is not fashionable and beautiful enough.
Chinese car companies are coming hard for European and American automakers. If the Chinese can introduce compelling EVs at entry level prices, it’ll put Detroit and Germany on the backfoot for years or worse.
here at AU, the base BYD Seal which is similar to Tesla 3 is only a few thousands more than a Honda Civic
China is not after western country companies but to start the trend for EV for better air quality which western car companies ignore global warming threat 😮😮😮
If China wanted western car companies to fail, why is there so many Germany car companies factories in car building and designing cars in China 😮😮😮
They are already on the backfoot. It's just when it will hit the bottomline = sales. Being protected by tariffs mean they can at least not lose sales. But for how long.
And does the US just want to lag and hope to catch up? I mean... The big 3 went bust (OK not Ford..) not so long ago😂
That is good for consumers, good compensation really benefit consumers. Think about if there weren’t Japanese cars, what kind of American cars we have to drive? Did you remember the quality of American cars in 80s and 90s that made Toyota and Honda so success.
40 years ago All cars brand in the world enter to China market with huge 1.4 billion market , but China smart they put conditions whoever want to open a factory have to join venture with local company, they learn how to manufacture cars and learn how to market them, eventually they master it and now conquer the world. Rather US block China car companies, why they don't do the same things like China used to do it. The benefit China cars company will create jobs, then can learn how China managed efficient productions , then American cars made can be competitive again and hopefully can do export again from US .
Whoa this was surprisingly excellent journalism! I didn’t realize that motortrend had something like this. More of this! 👍
I agree. Well done. It's nice to get some actual specific information.
As a Mexican, I am GLAD Chinese brands are coming. Was interested on a Ford Maverick, built in Mexico, which sells for $23,000usd in USA, but here the same model goes for $40,000usd, no thank you, F U Ford.
That's how Ford's marketing works - it's nearly impossible to find a base trim at that price in the US.
yes and no, because the only cars that in the last 6 years have soared in price are the American ones, like jeep, ford, chevy, you can get a Toyota Tacoma 4X4 for1.5k cheaper than a Maverick AWD and a lot of trucks that are in the ton category and a midsize category @@weird-guy
Rafa goes around the world is a Venezuelan that is based in china and he has covered a good number of Chinese tech including their cars.
Oh, Chinese state media agent praises Chinese-made goods? Shocker
Chinese cars have good quality because they also use the expertise of European and American designers and engineers. Geely is a good example.
China NEVER used USA Automotive engineer's and European engineer's to designed for Chinese vehicle's in China today due to the Chinese of automotives engineers in China are all highest talent's in Sciences and technologies cited by the papers patent's are rankings first in the the whole world now,American's with Europeans are so stupid and don't know how to made USA vehicles protracts with reliables vehicle's likes Chinese engineer's designed in China today👍👍👍💪💪💪
Geely own Volvo and is largest stake holder of Mercedes-Benz.
I'm ready to buy a Geely . But I'm in the US.
@@kabysummit5801 you can buy Volvo instead. they are same.
@@joeblack888 I like Chinese cars
China is making good cars for a lower cost. It’s also very reliable! Mexico and Brazil is like a door to Latin America
Now you can buy a Chinese vehicle made in Mexico… yea! 😂
China assembled Tesla's are already in Canada!
@@normt430 Canadians should be happy about that because Chinese made Teslas are of better quality than US made Teslas. Tesla literally just promoted the head of its Chinese operations to come head up its US operations in part to improve quality.
Has the gap between Chinese and US car manufacturers narrowed because of extraordinary efforts by Chinese manufacturers or because of complacency on the part of US companies? I think both aspects have played their part.
China's never seen foreign ip or a patent it gave a flying fk about honouring. There's your answer. 👍🏻
In addition to all the IP and trade violations, China NEV (New Energy Vehicle) policies were designed to cripple foreign competition and protect their domestic industry. So for instance, all foreign battery competitors had to give up their patent rights in order to access their market. Once they were let in, no subsidies to EVs with batteries from foreign competitors -- even if they were made in China. This was all part of China's state industrial policy since 2015.
Between these and Tesla the Japanese auto companies are dead!
China EV is a different ball game is in the S tier! US made EVs does not compete well outside of the US without protection of tariff and incentives.
@@passby8070 tesla a us based company has proved otherwise for years. Further every country has tariffs on various imported goods.
China isnt innocent here at 15-40% tariffs on imported vehicle's depending on the country of origin, size and classification of vehicle. 👍🏻
Because US and European legacy carmakers are greedy and lazy. They're offering poor products at high prices whereas the Chinese are offering quality products at prices people can actually afford. Most European cars are no longer affordable and even expensive ones lack quality and have minimal features. The legacy carmakers do not want people to have nice things. China allows this because their cars are amazing.
write an Investigative piece of Journalism......get called an advertorial by trolls. Hilarious
China builds EV and smaller turbo engines compare to 4.0L V8 at affordable prices (can be much lower if foreign companies don't charge higher import taxes).
Like TV when was the last time we complained about cheap TVs? They all are made in china, if not the compents are 😮😮😮
Their hybrid systems are simpler and cheaper as well.
china too rich, smart and powerful... no one can stop them now! bravo china from germany!
BYD makes busses in the United States.
Brazil, Hungary as well 😂
60% of the EVs are manufactured and sold in China making it the largest market. In Asean countries such as Thailand, Malaysia and Singapore, Chinese EVs are the market leaders. Next year, BYD and Hozon will start manufacturing in Thailand. When GM left Thailand, Great Wall Motor bought over the factory and is now manufacturing its range of Haval suv.
Geely is the largest shareholder in Proton, Malaysia's national. Proton might start manufacturing the SMART EV as Geely owns 10% of Daimler Benz. Geely also owns Volvo, Polestar and Lotus.
Of the 10 largest EV battery manufacturers in the world; 6 are Chinese. They account for over 62% of the world's EV battery. CATL and BYD are ranked as no.1 and 2 respectively accounting for 52% of the world's production. There are 1Japanese and 3 Koreans in this top 10 list.
The Chinese also supply 90% of the cathode and 70% of the anode materials used in EV battery.
The EV battery market is similar to the solar panel industry where the Chinese dominate the supply chain with 80% share of the market.
More of these in-depth industry stories, MotorTrend!
Im from Kazakhstan. Here we have 70% of new cars sold, was made in China.
I see it is globally happen. No body would like to pay for BMW in case of their low reliability and poor quality.
This does not bode well for US electric car production. I wouldn’t be rushing out to buy any Ford, GM or Stilantis stock.
Their stock is the only thing for sale as they “scale back“ their EV plans.
Came here from TST podcast; nice job on this mini-documentary!
Same here. Now I see what they meant about the door handles
I would love to see China’s EV in America. That would be wonderful. More options is fantastic! Thank you for sharing.🙂🙏👍
Nice to see my Big Man Gabo Salazar, he deserved it. 🎉
the question is how reliable they are in the next 10 years?
My 2002 Focus ZX3 manual was made in Hermosillo, still drives good.
Buy a new one, you cheap skate.
America does not make small cars that the majority of consumers really want and “need”
Cheap chinese cars coming into the US will be the nail in auto unions coffin.
Keep dreaming trumpublican, they also have factories in Mexico
The Auto Unions are not to blame.
Among the EV heavyweights, only BYD is in Mexico. Xpeng, Nio, Li Auto, Leap, Volvo and Zeekr haven't arrived yet.
Let's address the elephant the room here. Cars sales always plummet after they turn their manufacturing to Mexico. Quality just isn't there
Don't worry, The Chinese got all the answers.
Today I learned two things:
1. MT has some excellent journalists
2. A lot of MT RUclips commenters are apparently living in the 1950s and have grade-school educations...
Sadly some chevron models in Mexico are exactly the same here in china,we already did that for much more time,it’s just a change of badge 😊,love from china😂
The chick with the suit in the car for the test ride is a real mechanic and was on donut talking about tool hacks ...
Wish Mexica take this opportunity to jump forward and develop a better future.
The US car makers will end up being only local brands, the dealership system in the US needs to be stoped. Manufacturers need to be able to sell directly to consumers to be able to lower their prices to be able to compete.
No affordable EV for Americans. Every EV must be $40K and up, cause is made for the luxury market.
largely subsidize by Chinese govt just to get rid of competitions sell it cheap but eventually Petrol will stay.
the fact that cars all look the same and bland and people are willing to buy just makes me sad
Please note that South America is a big market as South American nations grow with BRICS, they can afford relatively cheap Chinese product.
Just buy the car in Mexico and drive to the U.S.
For god sake China sent a Lander to the moon
I wish I can find my dad’s old Plymouth fury lll 1973 four door limited edition
The improvements that are possible for evs is still alot.
Ice vehicles have peaked already.
The report did not point out the BYD price range in Mexico, bragged that if it would land in USA, people would buy; sorry, I didn't see the MSRP of 25k Chinese EV are coming, a bland BYD Seal MSRP was 44k, other models in the range of 53k which is no cheaper than Tesla Model 3, not sure how can Chinese EVs can complete in today's US market, especially, other US made EVs are sitting the dealer lot for 90-190 days, not moving.....
They didn't go very deep on this point, but perhaps you noticed the part where she said to the expert: They're pricing them just a little bit lower than the Western brands. And he replied: That's exactly what they're doing.
The only thing I want less than an electric car is a Chinese electric car built in Mexico
No one is giving you a car so you don't need to worry about that.
Your reply is 2 weeks late, you must have been charging your ev. It's ok, if they were giving them away I wouldn't take one, which means more for you!
Hey hey, what about enough charging stations to roll in and charge without a wait, like with gas pumps? And where is that suuuuper clean power actually coming from? What about charge times, like what are you going to do for 45 minutes as your car is charging? Eat more food at the station? What about having enough copper in the ground for decent speed charging stations at home? And at work? And at apartment complexes? And what about those who have to street park? What about drastically reduced range in very hot or very cold weather? What about disposal of all those mostly non-recyclable battery packs? Ever see them try to put out an EV fire? Maybe they'll have all that taken care of in 50 years.
These are questions a lot of people have about the general adoption EVs, but seemingly unrelated to the subject of this documentary - which is about how Chinese OEMs are setting up shop in Mexico, perhaps, in advance of coming to the US. That's all. Maybe watch the documentary? It's pretty good.
There is a saying in China that 100 years ago Germany and Italy laughed at American cars, and then American cars became a huge success. 70 years ago America laughed at Japanese cars, and then Japanese cars became a huge success. 40 years ago, Japan and the America laughed at Korean cars, and then Korean cars became a huge success. 10 years ago, America, Japan and Europe laughed at Chinese cars...………
@@user-xq4tf4dl1k Ancient Chinese proverb: A wise man would do well to re-read the original statement to see if any laughter could be found among the questions of a practical nature, and to determine if any of these questions pertain only to Chinese EVs.
Maybe in 50 years you'll stop making up lies about a product that you are obviously afraid of.
ALL EV batteries are recyclable. And 95% of the materials are recovered.
ICE cars catch fire SIXTY TIMES more frequently than EVs, per capita. And that's based on old data before LFP type batteries became popular. Now, it's more like 120 times.
What about? What about? What about?
How about the environmental disaster that oil extraction leaves behind at every site (and that's millions of sites, with many more needed every single year)? And the massive cancer outbreaks around oil refineries? The spills? The leaks? The flaring of methane? The cancer and respiratory disease caused by the vehicle exhaust? The massive energy used in transporting and refining oil (like 20% of ALL energy used goes to these two things).
And last but not least, what about the changing climate and the rising sea levels, which Edward Teller warned the American Petroleum Institute about back in 1959?
Battery technology is advancing at a rapid rate, these problems will be largely solved. Does anyone know what percentage of Mexicans have their own house as opposed to living in apartment blocks etc.? If you have a home charger, most of those things will not be a significant problem. As for the charging infrastructure, the Mexican government should step in to help develop it.
Can't you recycle the individual cells in the battery packs? In the US , there are EV specialists springing up to service EV batteries. Right now Tesla charges around $22,000 for a brand new battery, but these specialists can repair the old ones for for say a quarter(or less) of that.
Cartels still prefer Toyota 4Runners over EVs.
Just getting them to make more all wheel drive cars in the northern market for winter time traction without adding a huge additional cost to the "low cost vehicles" is a bigger priority. already know the batteries don't work up far north in the cold so there is no reason to import those specifically... ether way from other sources it looks like lots of metal recycling gets sent to china as they wanted to put the time into sorting thru it and their it is as Mexico as port of re-entry, if you look into the whole process that 70% American made steel "for importation in NAFTA" still is near 100% thru to the end product, isn't it? now manufacture an excuse to pay someone at a job so they can buy one of them?
You know, the countries that have the highest rates of EV adoption are the Scandinavian countries, up in the northern edge of Europe.
In Norway, the auto market is over 85% EV (not hybrid, pure EV), and has been for more than 3 years. People drive their EVs up north of the Arctic Circle all the time.
China has already developed battery for sub zero environment. Coming very soon
Not sure where you got your information from, about batteries don't work in the north. Misinformation!!!!!. Misinformation!!!!!!!
Mexico should make it's own cars ....
They do and have been improving there is one called Inferno
From China. This video is super objective. 👉
Thank you for making affordable hi tech products
The tax incentives are going the wrong way, the end user is footing the bill....
Oh my gawd, they had the mexican Josh Nicols
I heard the same story about Japanese car in the 80s and the same story about Korean car in 00s.
CHINA is a different Animal 😂
Build a final assembly plant in the U.S., and they've got a deal.
Politicians won’t allow that. National security concerns
I wonder how the supply of spare parts will be on the new brands. All the new car brands will not survive once the market matures and consolidates
They failed to mention that GM has been doing very well in China. They have been selling more Buicks and Cadillacs over there than at home.
Cadillac has improved massively over the years. Mostly due to participating in the Chinese market and surviving the intense competition
China open to everyone.. America open to selected few
China 🙄
China 😊
I am rooting for you China.
are those trikes/tuk tuks still a big thing in Mexico these days? luv those looks cool haha
The biggest problem…All US automakers are in love with big oil. The need to focus their development to EV’s…stop all petroleum cars and trucks!
👍🏾👍🏾 interesting
Tesla prices are below the average new car selling price. Also, something like a Model 3 starts a lower price than other cars in their segment like the BMW 3 Series, Lexus IS while the Audi A3 and Mercedes A-class are essentially at the same price while providing no fuel cost savings like the Tesla. EV's are becoming cheaper than ICE cars and they offer way more value when you compare them apple to apples.
We need affordable cars in the US. I'm all for that.
Cars and environmental target's. 😂😂😂😂😂😂😂😂😂😂😂
GABOOOOOOO!!!
Que bueno es verte en este reportaje
got to find ways to recharge evs faster and recycle or renew evs and the batteries for evs to be viable. Don't want to throw them away after 100k miles of use.
Price and quality wins every day.
" I assumed it would be rolling cancer. But after the cheque cleared, I'm a huge fan" - Hacks
These cars will be lucky to last 5-10 years. Then they will be a waste product. I don’t understand how this is friendlier for the environment.
Chinesse cars are very attractive here in Mexico as they say for their cost-equipment but personally I'd prefer to wait 5 years to see the reliability in a long term
In China, Chinese consumers had waited quite long time, now most of them think it is the right time. And the Chinese car manufactures also notice it is the time to enter the world market. 😁
Byd made first hybrid ev in 1998, first EV in 2008 and both were driven by a lot of Chinese customers, I’m sure the quality and reliability are fine.
Motortrend investigates Chinese green tech overcapacity.
Mt simping for china!
Did you watch the documentary? Seems like no.
You must be deaf, dumb and blind.
The documentary is a warning.
Detroit has been warned of these developments by many people for at least a few years now.
They apparently have given up trying to become competitive. So they're going to keep prices high for their inferior EVs and rely on protectionism and ICE vehicle sales for as long as they can. Once the Chinese crack this market open, the US automakers are evidently going to just close up shop.
Tesla is the only hope for US auto manufacturing after 2035.
The same thing is happening in Brazil.
Is this really Mexico though?
JAC almost disappered in China, they are not quite successful honestly...
兄弟，江淮公司是一家军工企业，汽车、摩托车等行业但属于第二产业，其实际产品是供应军工，如小型飞机、山地越野车、装甲车、无人装备配件等。
Hope you wear a fire suit
Just so you know, according to IEEE Spectrum, ICE cars catch on fire SIXTY TIMES more frequently than EVs, per capita.
And fire research shows that, if the gas tank is ruptured, an ICE car fire will develop much more rapidly, making them far more dangerous for the occupants.
That was in the old NMC Lithium batteries. The new LiFeP04 Lithium batteries from BYD and CATL don't catch fire. Even Tesla are now using those batteries.
Meanwhile, American car makers are coming up with luxury, inefficient EV thanks.
UAW in Mexico???😅😅😅
❤Did this channel do investigations when American, japanese or Korean cars "took over" Mexico ?❤
Meh. Mexico is just Vanguard's second gulag outside of China.
It’s just like every other review Motortrend has made over the past 20+ years. “Don’t EVER write a bad review-instead say things to encourage consumers to purchase because they’re paying for this review.”
So true. Motor trend has been a joke for as long as I can remember.
Did you watch the piece? If so thanks. For the past 20+ years, MotorTrend has been publishing online, so could you please post links to the "paid for" reviews you mention? Thank you.
35 yr motor trend is terrible
😂😂😂@@my31and37😂
you clearly hasn't view the whole video properly... they clearly show why Chinese car did not take off initially due to quality but now it is different and that is supported by statistics.
Hear me out. Chinese Mexican food.
Why would buy a car and have to spend 18,000 dollars for a new battery in 7 years while the car depreciates at the same
New iPhone every two years: so true !!!
Yep people look past this point. You can buy a NIO in europe without the battery for big discount then instead they charge 165 dollar per month for battery rent. NIO cars can exchange battery at their charge stations, takes 5 min.
Why would you say anything truthful when you can just make up lies?
EV batteries are designed to last 20 years.
And here's the crazy part: In the unlikely event that you had to pay $18,000 after ten years, you would still be ahead. Because in most parts of the US, an EV would save you about $2,000 to $3,000 per year!
At the end only Tesla will survive in the USA
The thing is if it’s made in Mexico…it is Mexican made. The brand is just Chinese
BYD att 3 is not chinese design, but ok
This investigation didn’t mention anything about the crash test worthiness of these vehicles. Lots of cars in Latin America aren’t available farther north because of lower safety standards down south. I’ve traveled extensively in Latin America and the difference is striking.
This also didn’t talk about the battery fires that are more common among the less reputable Chinese manufacturers. If these things start catching fire, the media will be all over it in a way that cannot happen in China where they suppress such reports.
The media will not report the fires because that would go against the narrative of “everyone should drive an EV to save the planet”.
You are actually wrong about battery safety. BYD is the largest battery manufacturer and has the safest battery type on the market, selling them to Tesla and other companies
A lot of Chinese vehicles have been getting really high scores in Europe completely beating out all American vehicles except for Tesla
What year do you think it is? Chinese cars are starting to get top scores in NCAP testing. CATL and BYD are shipping millions of batteries all over the world. America and Europe and Japan had better take this seriously because this is happening and it’s happening fast.
@@anthonyc8499 Chinese batteries are mostly used domestically. Its just that cbina ev market is currently the largest.
I think that dollar guy is kind of dumb, does he not remember how the Japanese takeover of the automotive market happened? This is about consumers and what consumers approve of just like it was back then regardless of politics. If the Chinese can offer something at a lower price that's of equal or better quality to an American product than Americans once again are going to have to start engaging in some nice healthy competition and that is how you're going to get cheaper american-made EVs. Boom.
The difference is Japan and South Korea are American vassal states, and their home car markets are so small they DEPEND on the US market to be a major carmaker. As soon as they became too successful, the US was able to easily coerce their governments to relocate their supply chain and factories to the US, and thereby move all the jobs to the US as well. That's not going to fly with China. Their automakers do not need the US market to grow into global players, and their government wouldn't bend over so easily to US demands either. If the US continues to push protectionist policies, the Chinese automakers can and will just skip the US market, let the Americans continue to pay more for EVs, and use that Mexico factory to build EVs that will take over the entire Latin American market.
@@tren133 The Chinese will just skirt those tariffs with production in Mexico. I think its one of the primary reasons BYD is looking at a production facility there not just Latin America. Also, its still cheaper to ship parts and assemble locally than to ship fully manufactured cars so this is probably also done to keep the prices low as Chinese wages are growing. They (BYD) keep claiming they aren't interested in the US market but just 8 months ago they handed Doug Demuro, an American automotive RUclipsr, a BYD Song Plus to review, present, and to gauge public opinion. So BYD is very much watching the US market. Don't think for a second they aren't. Its only a matter of time and I hope the legacy automakers are watching closely. I would also note, that 65% of the shareholders in BYD group are American investors. So they already have a large US presence.
As for your comment on the Japanese and Koreans, they are global leaders too. They may not have their home market like China but they certainly can do without the US market.
Was she in an accident?
That's a hair style unfortunately.
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