remember when the US started their propaganda war against Brazil in 1961 - started getting the ppl to fear the left so they’d be ready for the 1964 fascist coup which led to decades of tyrannical rule the left came back &oversaw their strongest rebound
It's the government and the rich. American people are trying to just survive and have no say and no control over what the government does or does not do. American people are powerless and the government does not care about them.
Look around man, there are many others trying to draw attention to the insane US economic and military foreign policies. Ex-senior military people like Douglas McGuire, Daniel Davis, economists and geopolitical experts like John Mierschimer and Andrew Sachs and many more are on SM every day desperately trying to save America from itself.
Agree. The American car makers produce at a lower cost their cars in China. Then they sell them at very high price. When they can't compete with BYD, they ask the Washington gang of clowns to put tariffs on the Chinese EV cars.
Go BRICS , unlike the west that we focusing on war and destruction, BRICS is building and expanding for a positive future. The global south are now the leaders in a transition to a more peaceful world.
Co-existence in peace must be a very new concept to the West. They used to think colonialism, coercion and war were the natural direction for the world.
Due to 14 Rounds of Sanctions, against Russia, passed by The President of The European Union Commission, Ursula von de Leyen, Germany's largest and most lucrative market, for their top-end vehicles, had the door firmly shut. This created a vacuum in the Russian market. Research the percentage increase of Chinese Manufactured Vehicles, on the road of Russia today, compared to three years ago !
Due to The President of The European Union Commission, Ursula von de Leyen, FREEZING a Russian Bank Account, with a balance of $200/$300 billion, in a Brussel Bank, Euroclear. Beijing have followed this, and have thought, "This could be us next" ! Recently reported, Beijing ordered BYD, The Chinese Manufacturer of EV's to HALT the building of new car plants in Germany.
The legacy car manufacturers are absolutely crapping themselves. Their only solution seems to be to try to pressurize their governments to implement sanctions against the Chinese EV industry. Most of these European and US car manufacturers will be gone in a few short years.
Just bought a BYD in Brazil, and I am very happy with the purchase. I estimate that in 4 years of my use of it (I comute a lot) that just with the savings in gas, taxes and maitenance, that the car should save it´s own value.
@@mercutiobr3814 - after one year of extensive usage without much maintenance ! If that’s the verdict then ICE personal vehicles would be in serious trouble.
Gracias para todos. Thanks for everything and patience and for your attention to modernization and developments for EVs. I know my ex-wife families in Columbia and some friends around Latin America. In recent years, China has proven better options for families and everyone's benefits everywhere. Our US lost prominence in many topics in recent years, especially education, as the average US people don't even read above a 5 or 6 grade level. Share awareness of the changes of foods, not labeled as many have built-in pesticides impossible to clean and side-effects for ongoing return business profits over people's interest again and again. To much to list, but all the friends appreciate the knowledge after they realize how much food and drug companies combine to control people, making less quality practices each month and ongoing reactions. Gracias para reading and ongoing learning 🙏 disfrute Navidad
short answer, because US and west policy in general has never been to invest in south America growth, just suck resources like vampire bats or mosquitos
That’s why people from South America are trying to get into USA while nothing like that happens in China. Keeping your neighbours poor will make you suffer eventually
More to the point, they "Saw the Future" over 2 decades ago. Today, Western companies and Governments are complaining because China has an unfair advantage......
New Energy Vehicles, also including Plug-In Hybrids (minimum 50 kms range on battery for China), Extended Range EVs (100+ kms on battery), and Hydrogen Fuel Cell EVs (hardly any). China pushed for energy independence as soon as the US started threatening to blockade Gulf oil imports to China. Lower pollution and higher energy efficiency, along with reducing dependence on Western OEMs were all nice bonuses compared to energy security.
@WilliamKirkland-j4r Management who only look for short term profit at the expense of people and the environment are like vampires - “stake into the hearts” is a great analogy 👍🏽
Maybe they are visionaries. Maybe being subsidized by a country will allow you to be a dominant force. Don’t get me wrong Ford & GM have been building crap for many years. I’m not sold on EV’s. I’m sold on technology and believe the same tech & reliability can be put into ICE vehicles. American & European car mfg’s could automate and build cars much cheeper. However, we are back to China subsidizing their car manufacturers. What country wants their car manufacturers crushed this way?
BRICS partnership in action. Affordable EVs in demand and growth of middle class in South America. Government green initiative policy. Wish the project succeeds and longevity. Workers remain grounded and protect their jobs. Greetings from South Africa🇿🇦.
they are - a China/Brazil ultra high voltage dc line project stretching over 1000 km from the north just completed recently - most of Brazil's power come from hydro
The US is obsessed with maintaining its economic and political hegemony, particularly in Latin America. Part of this is maintaining the current world order with the US, Europe and their allies rich and the rest of the word poor. It's what the 'rules bases order' is all about: the US makes the 'rules' and 'orders' other countries to follow them. China has challenged this hegemony by its rapid economic expansion and support for developing countries providing investment and new technologies. That's why the US uses propaganda, sanctions, tariffs, military alliances and threats of military intervention to curtail the development of China and its industries.
It's because Kevin is physically there unlike those journalists in the US sitting on the high horse chairs spewing fake news to their brainwashed audiences 🤮.
BYD are the most mature of the Chinese brands, having started in the correct industry (Batteries) Started early. Diversified to vertically integrate, and planned the transition.
I have seen China change from a third-world country to the most advanced, safe, and clean country in the world. Now China will share and invest in other global south countries. I hope to see Latin America become like China, and the US become a third-world country.
I believe, when comparing NYC and say, any large Chinese City, it is already happening. I genuinely hope, after 20 January 2025, The Trump White House Administration CAN rectify this HUGE MAJOR PROBLEMS many Sanctuary Cities are experiencing.
BUT...... Be prepared for USA to try a "Last ditch" conflict to try and regain stature. This will need a CLEAR MESSAGE from literally "The rest of the World" telling them *NO* !
It must be so frustrating as China just goes on its merry way not getting rattled.... Personally I reckon China will preserve Tropic Rainforest areas too...
No kidding, I grew up worshiping German and Japanese cars like many other Chinese, before late 2010s. My dad was so proud of buying his first S-class in the 90s, back then, Japanese cars = good quality and durable, German cars = good quality and luxury. Now, well...... Some Korean and Japanese brands had been forced to leave this market, the famous German's BBA and some high-end brands like Porches and Maserati are putting their newest products on sales up to 35% discount, and even then they are losing the market shares.
I'm in Sydney and the strange thing is that although the Yen is so low (so many Aussies travelling to Japan for tourism), the price of Japanese cars are still so damn high
@@jackyee7511 What if I told you TOYOTA's Camry used to sold for 300k RMB in China back in the 2000s, and now with the rise of the Chinese EVs, they now sell brand new Camry for 140k or even with a discount on that. Plus, if you consider the inflation and currency value in the last decade or two, normally they should raise the price instead of dropping it, this should tell you how overpriced these legacies' cars are.
Don't forget that Brazil and Paraguay has a lot of hydro electricity from the Itaipu Dam and still has a lot of hydro power potential. Electrification of its transportation is a no-brainer, especially since it is such huge country with very concentrated urban areas.
Thank you for the content. I'm favored financially with Bitcoin ETFs approval, Thank you buddy. $25,000 weekly profit regardless of how bad it gets on the economy.
Invest in Bitcoin before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering
The reason is that legacy car manufacturers are holding on to the ICE ecosystem for as long as they can. Other than brakes and tires EVs need very little maintenance and electrical components tend to fail much less frequently than mechanical ones. Therefore auto repairs, oil changes, maintenance, etc all goes out the window when converting to EVs...
Brakes last a long time when the EV uses regenerative braking to recharge the battery. Tire wear is the biggest consumable cost, but active suspension will likely crop up 5-10 years from now.
@@FunnyBunny-pd5xx I suggest, research what uSA might NOT be exporting in future (Like Grain to China?) Virtually every time USA "Threatened" a country with Tariffs (sanctions) in the past, that country "Had a moment" and backed down. TODAY? There are 150+ countries who ask the question BEFORE adjusting their "Trade relationship" with the US.... "IF they threaten sanctions, can we get the product within the Belt & Road collective?" . In many cases (the majority?) the answer will be "Yes". Now imagine that "someone" has "had quiet word" with ALL of those participating and said "Play fair.... DO NOT screw each other over.... Then you ALL win"...? . China started the ball rolling with the Grain imports from Brazil, etc. Next? MIGHT be Mexico? . We might even see countries OUTSIDE the group doing the same? (Canada? Italy? Spain? Greece? [OK, I'll say it.... UK... I live in hope!] If China says to "Europe" (NATO?) "WE will guarantee Russia will "be good" and not expand" (Having gone to Russia and said "Vlad!! You're going to WIN as part of BRICS!!! Be patient!!) . Suddenly the rug is pulled from under the US War Machine.
I am ever looking forward to Kevin's posting. Relevant information. Straight forward analysis. Honestly delivered. Not patronising, Supported with citations. Makes me feel really clever.
@@remix-yy1hs much as I applaud your increased intellectual prowess. I have a yoghurt in my fridge with a higher IQ than the Experts on MSNBC . ( Not being rude but , always check your spelling before posting). I am always finding mistakes that spoil my self image of being really smart. While I'm on the subject . I copy and save them as word documents. Comes in handy for repeat postings and you can touch them up with new relevant additional points. Glad you are here, spread the word.
I just have to believe that those who run Western companies are either blind or incompetent. Even if you have no interest in the Brazilian E/V market, the fact that they are sitting on all of the resources necessary to produce E/V's makes them a no brainier for production. It's better than organizing coups in Bolivia every four years or so. I would suspect that electricity generation might become a bottleneck once E/V sales get going. Same problem as the USA. We don't have enough energy production. And when politicians talk about energy, they are focused exclusively on oil and gas.
Brazil has plenty of sunlight and China leads the world in the design and production of solar panels and batteries. I think the EV charging problem can be solved with Chinese involvement.
Brazil has a large proportion of renewables in their electric grid. I think they pretty much know what they are doing. Harping about an electricity generation bottleneck ignores that most countries actually build it based on increasing demand. Most countries plan for these things, you know! But the US might not be good at that, it's infrastructure after all, and we all know how they are about that,
Western companies are run for short term profits. They only want to inflate the stock price for the next quarter, even if this will bankrupt the company and the country in the long run. The CEOs will put the stock options in their bank accounts and leave the company anyway.
The global south and BRICS will build out solar and battery storage. Thorium reactors are another possibility. It's really only the US that is backing away from new technology.
Imagine what it will do to a local economy anywhere in the world, if a working class family can save a measurable percentage of their monthly disposable income by buying a less expensive and energy efficient vehicle ……. This is especially true for the average income American family because a car is almost a necessity for living and working in the US; saving a few hundred bucks each month from car payments and gas will go a long way to help with the household finances. This is a win-win situation for both the people of Brazil and BYD; and it is what “common prosperity” is all about.
After years of expensive Audis, I have a GWM Hybrid SUV, a wonderful car, and a good price for Brasil. I never liked Ford cars, and Mercedes is not what it was anymore. I have solar energy at home and charge my car for free. This is the future for brasilians.
As an MBA, Wall Streeter, and now in the Banking industry, Ford and the US chase immediate margins (quarterly margin chases are considered long-term planning) and work themselves out of product lines and markets. This in contrast with the Chinese where they take 10-30-50 year views and strategic horizons, so their immediate plans and executions are 5 year cycles!
Just give the Chinese 25 more years they will do the same as US companies - quarterly margin hard ons. 25 years. I am Wharton MBA, ex GS banker here from NYC.
@@shekondogquarterly financial report are crucial if have stockholder & wallstreet to be impress. But it's not important if their company are not listed in stock market.
@@shekondog The pursuit of profit is the right way, but how to use profit is the problem, the value of money is to improve productivity and serve the people, so as to get more money in the process, rather than from others to gain short-term profits by looting, this is the difference between China and the United States, which one do you prefer? It also explains why people hate financial blackmail so much.
@@shekondog Not going to happen, the Chinese are good at long term planning, five year planning is in its 14th phase in China and will continue to increase forever
When you have a near monopoly market, and an infrastructure to support that profit structure, all people within the structure, sort of a deepstate within a company, will work against anything new that will create changes and uncertainties. One of the best content creators on RUclips Kevin.
The standard paradigm for project analysis taught in business schools for at least 50 years is ROI (Return on Investment). When the ROI exceeds the target investor requirement (the “hurdle rate”), the project may proceed on a financial basis (though there are other issues as well). The point is: why are ROIs so high for western investors? Answer: because the financial return (ROI) is the only consideration. There are no other considerations. Where did this idea come from? China’s analysis is distinct. The investor’s return is not the priority of the project. There are many other variables which need optimization, including the benefits to society as a whole. The western analysis will always lead to increasing income inequality. Never to the benefit of society as a whole.
I partially agree. China, as "The investor" IS looking for "Return". The differences? at least 2 spring to mind. 1) It's not "Immediate cash return" It WILL provide access to resources which assure the prosperity of BOTH countries. . 2) Assuming "Others" (You know who) don't cause a problem, The investment will eventually result in far less requirement for Military spending, which can be repurposed into MORE assistance.
@@Quagma-b2i at some point, perhaps everything ends. It’s not in the immediate future for the west, because of the “bread and circuses” program by the elites. The masses are too brainwashed to realize the “bread” is lethal and the “circuses” are degenerate. Actually the “long-term planning” by the elites is exactly on schedule. What the plans are I leave you to figure out. Most people are clueless.
@@Quagma-b2i I am also concerned about what some countries might do as they see the future slipping from their grasp. I wonder if that's why this gentleman includes a prayer at the end of every video? I am sure he knows better than any of us that China's success could lead to scary actions from you know who.
Mobile phone democracy, TV democracy, computer democracy, etc., now is the era of car democracy. Chinese people do not believe that only wealthy Westerners can enjoy beautiful things. They want a fair world where every country and every nation has equal opportunities to share in technological progress as long as they work hard and contribute to humanity. This is called a shared future.
China planning on doing the same in Sa.. again European, US manufacturers are doing full imports for EVs, export for fuel based dying and gov adds tariffs to force local builds ev. They have no plan for non fuel based it seems. China just announced they setting up shop to build here while others leave.
I think one of the reasons neither Ford nor Mercedes ever thought to build electric cars in Brazil is because they REFUSE to make electric vehicles that the average person can afford. I, for example, drive a C class Merc. I am relatively comfortable in life. I inquired the other day about the price of Mercedes' EQS Series of vehicles and I was shocked by the cost. Now imagine that the average person cannot afford a normal ICE Mercedes, in what world are they going to find the money for the significantly more expensive EQS Mercedes? The Chinese, on the other hand, are quite happy to make electric cars that EVERYONE can afford. No matter your budget, you will most likely find a Chinese vehicle for you. If you are the average person it is a simple choice really.....
If you ever watch “Who Killed the Electric Car”, a film made nearly 20 years ago, it’s easy to understand why they failed to take advantage of the opportunity to lead the world in EVs when they had it. And as you said - short term thinking - maximizing immediate profits- lack of vision
You could look at a EQB compact SUV. Thing is, Mercedes EQ EVs aren't anything special compared to BYD. Mercedes has been cutting content and quality for decades, so their C-class is the same as any other mid-market car.
Yesterday, I saw another channel looking at the latest "ICE Shill narrative" of "Discounts on new EVs" in the UK. He went straight onto a well known vehicle trading site and started looking for discounts on new *ICE* vehicles. While not paying too much attention, I noticed that every new ICE VAG car seemed to have a 20% discount on the list price. That's no a good sign.
1995 - 2005: Ignorance 2006 (Tesla Master Plan) - 2012: Hubris 2013 (Model S) -2018: realisation. 2018 (Model 3) - present: PANIC. Now, it's not even "Between the Rock and Hard Place", but BURIED UNDER the Rock. The reason I mentioned Tesla? THEY were the warning (He was TELLING THEM "WE are doing nothing the Chinese aren't doing") He was also telling them "WE" (as a US company) can do it, so why can't YOU? . That's what happens if your Government and Industry is "Bought and paid for" by "Special Interest Groups" (All Hail the "Lobby System"?)
Excellent channel Kevin, one of the few I activate notifications. Congratulations! Going One step further, as a criticism of brazil (my own country), we let gurgel, a national manufacturer die. They had an electric car back in the late 70s. IN THE LATE 70s....
Quality. If Ford makes 5 cars its 5 recalls they have to pay for. If they make 100 its 100 recalls. Even CEO says designers must improve quality or pay cuts in Detroit.
China can deliver supplies for the factories in South America then load up the ships with others goods for Chinese and other Asian consumers on return trips.
German car makers VW and Porsche are in trouble. Both have announced massive layoffs of staff due to declining sales and higher production costs. The headline by British media always mention strong competition from Chinese car manufacturers. The thing is that they have not mentioned the fact that the German car manufacturers have started EV manufacturing later than China, and the Chinese EV cars dominate Europe due to better quality and lower price. China is not really competing with German petrol / diesel cars (so far as I understand), so they have themselves to blame in that regard.
IMO Germany's underlying BIG problem IS energy costs. For the first time in their 87 year old history, VW has/is planning to close factories in The Homeland. HIGH Energy Costs, are affecting Germany's Chemicals Industries, Steel Production Industries.
1999 started EU negotiations with South America about a trade agreement. The idea was cars from EU against agricultural products. They want to sign it now despite, there will be no cars from EU exported to Brazil.
..and FORD just announced a 4,000 staff reduction in UK and Germany . Announced last week and effective by end of 2027. Legacy auto is slowly pivoting and eventually there will be very little to pivot to.
This channel should be featured in ALL American news media. Relevant and impactful information presented with factual support. We Americans need to know these facts that actually matters, not all the bullsh*t news in main stream media in the U.S. This man needs have his own show on Bloomberg, MSNBC! 😯😯😯 America Wake the hell UP!!!
Your elites know all the truth, the Ford CEO has been driving the Xiaomi SU7 for months, the problem in America is the hollowing out of industry, and financial capital has kidnapped you all
The Chinese automakers have been competing against each other furiously and know how efficient their manufacturing processes compare and have more of a certainty of being able to do it overseas, more than for Ford or Mercedes, who are still trying perfect those processes at home. Plus the Chinese auto makers probably had the benefit of knowing electrical infrastructure was going to improve, such as the Ultra High Voltage lines which the Chinese are also building with Brazil through BRI. Slow and steady, joined up thinking...it's as if Brazil are following a tried and tested blueprint to industrialize ;)
BYD expects to sell between 50,000 and 100,000 cars in Mexico in 2025. The numbers sold in 2023 vary from 13,000 to 23,000 according to the source chosen. For comparison, BYD reports 19,800 cars sold in Brazil in 2023.
Camacari Salvador Bahia. Itaparica Bridge and deep Sea Harbour Itaparica. Its not only Camacari BYD Factories but also Itaparica Bridge and New Harbour. ❤❤❤👍
Canadian here. The government has decided to put a 100% tariff like the US did. That is kind of sad on our government. Teslas sell well in Canada and Canadians do not contribute to the building of the cars. Given the subsidies that Tesla has gotten over the years, we should really consider tariffs on their vehicles but I digress. I think that we should invite BYD et al to build cars in Canada in the auto belt of southwestern Ontario and provide work for autoworkers who transition out of ICE cars to EVs. I am sure some of the manufacturers would welcome partnering and producing a line of Canadian cars built for the cold and harsh environment. I would consider an EV but at an affordable price. Until then, its the gas pump I go to. And thank you for these podcasts.
Thanks Kevin for ALL your Videos. I now see Manila having their own overcapacity of Apartments...can now view it as a comparison to what happened in China thanks to you!
"Range Anxiety" is an overblown problem. Most people travel less than 50km per day. They can easily charge at home. EVs are not a total replacement for ICE. Not yet. ICE and hybrids are still useful for longer-range travels.
Wrong. "Outrange the driver" then "Recharge as the Driver refreshes".... Is the only requirement. THAT is perfectly possible today. The mentality of the "Long Road Trip" requiring "Vehicle range" is flawed. If you travel in business, the requirement is to be "At the customer" for a large part of the working day, not "On the road".... "Time IS money" If you travel more than 3 hours, the customer should be serviced by a more local employee. . If you travel for Leisure, WHY would you exceed the range without taking a break?
The average trip is under 20 km. China requires minimum 50 kms battery range for their plug-in hybrid EVs, and they have affordable public fast charging everywhere. The typical Chinese PHEV can travel on battery 80-90% of the time, which is why NEVs are now over 50% of Chinese sales.
The US auto makers have been in retreat around the world for at least a decade. This process of retreat continues until they exit countries one after another. The Chinese auto makers are replacing the US auto makers from the countries where the US auto makers are leaving. The only US auto maker that is expanding is Tesla, the rest are contracting. If the process of US auto makers contracting continues, then eventually they will disappear completely.
I told Ford and Mercedes to build EVs in Brazil but they never listened to my advice. "Naaa, nobody will buy them" they said. Had they listened to my great advice, they would have some great manufacturing plants in Brazil and expanding. As usual, too late .)
Why Ford & Mercedes? Their prefered target markets are the westen consumers where they can have the biggest ROI per units. They are not interrested In the markets where it's the Quality/Price ratio and not the Value/Price ratio that is the main criteria for buyers. It cost a lot more in R&D to increase Quality that it cost in PR to increase Value.
US and EU didn’t invest in Brazil because they want to destabilize it first so they mine later for cheaper!😂😂😂
thumb up...very good point
remember when the US started their propaganda war against Brazil in 1961 - started getting the ppl to fear the left so they’d be ready for the 1964 fascist coup which led to decades of tyrannical rule
the left came back &oversaw their strongest rebound
They call theft,a "smart move"...
Whichever GSC, they do the same to it.
I think what you are attributing to malice and a long-term plan is incompetence and short-term thinking.
I think one answer to the question in the video, is that the USA does NOT want others to develop despite LOSING money, greetings from Argentina
Exactly! As long all other countries stays poor and US maintain their hegemon
China is STILL the best way out of the hole for Argentina.
@@rogerstarkey5390 Totally agree, for all of Latin America too
I couldn't agree more with you. The United States and EU didn't want to see any development of the global South , and China is changing all that.
It's the government and the rich. American people are trying to just survive and have no say and no control over what the government does or does not do. American people are powerless and the government does not care about them.
You're the only patriotic American who kept reminding your country about all the mistake they're making.
Agreed. The poblem is most other Americans, especially our politicians don't see it that way. Instead, they double down on their mistakes.
Trump isn't listening
Look around man, there are many others trying to draw attention to the insane US economic and military foreign policies. Ex-senior military people like Douglas McGuire, Daniel Davis, economists and geopolitical experts like John Mierschimer and Andrew Sachs and many more are on SM every day desperately trying to save America from itself.
There are a few others, unfortunately too few IMO...
❤well said and well REASONED.
Because Ford and Mercedes and Teslas sell EVs for $70,000-$80,000. Nobody can afford that sht, not even here in the USA.
Agree. The American car makers produce at a lower cost their cars in China. Then they sell them at very high price. When they can't compete with BYD, they ask the Washington gang of clowns to put tariffs on the Chinese EV cars.
Let alone in Brazil, that pays effectively 5-7x that.
that's how elon became a billionaire 😂😂
Wow,it’s so expensive😢
The cheapest Tesla model is the base Model 3 Rear-Wheel Drive, starting at $38,990
Well done BYD. Well done Great Wall Motors.Well done China. Well done Brazil. 🙏👏👍💯🔊🌹🇨🇳🇧🇷
❤exactly well said
Thank you!
Go BRICS , unlike the west that we focusing on war and destruction, BRICS is building and expanding for a positive future. The global south are now the leaders in a transition to a more peaceful world.
Shocking but building infrastructure…. is much better than bom bing infrastructure
The collective West prefer ICE vehicles.
The rest of the world moves on with EV while they continue living in the past. 😅
The R in BRiCs is Russia. They are pretty focused on war and destruction.
Co-existence in peace must be a very new concept to the West. They used to think colonialism, coercion and war were the natural direction for the world.
And the West will try to fcuk that up for sure.
In November 2024, BYD's sales in Brazil reached 12,308 vehicles, a year-on-year increase of 290%.
Due to 14 Rounds of Sanctions,
against Russia,
passed by
The President of The European Union Commission,
Ursula von de Leyen,
Germany's largest and most lucrative market,
for their top-end vehicles,
had the door firmly shut.
This created a vacuum in the Russian market.
Research
the percentage increase of Chinese Manufactured Vehicles,
on the road of Russia today,
compared to three years ago !
Due to
The President of The European Union Commission,
Ursula von de Leyen,
FREEZING a Russian Bank Account,
with a balance of $200/$300 billion,
in a Brussel Bank, Euroclear.
Beijing have followed this,
and have thought,
"This could be us next" !
Recently reported,
Beijing ordered BYD,
The Chinese Manufacturer of EV's to
HALT the building of new car plants in Germany.
The legacy car manufacturers are absolutely crapping themselves. Their only solution seems to be to try to pressurize their governments to implement sanctions against the Chinese EV industry. Most of these European and US car manufacturers will be gone in a few short years.
❤well done.
the same figure also applies in Indonesia, where BYD car sold 2K last year while this year jump to 6x
Just bought a BYD in Brazil, and I am very happy with the purchase. I estimate that in 4 years of my use of it (I comute a lot) that just with the savings in gas, taxes and maitenance, that the car should save it´s own value.
EUREKA!!
@@mercutiobr3814 - after one year of extensive usage without much maintenance ! If that’s the verdict then ICE personal vehicles would be in serious trouble.
Gracias para todos. Thanks for everything and patience and for your attention to modernization and developments for EVs. I know my ex-wife families in Columbia and some friends around Latin America. In recent years, China has proven better options for families and everyone's benefits everywhere. Our US lost prominence in many topics in recent years, especially education, as the average US people don't even read above a 5 or 6 grade level.
Share awareness of the changes of foods, not labeled as many have built-in pesticides impossible to clean and side-effects for ongoing return business profits over people's interest again and again.
To much to list, but all the friends appreciate the knowledge after they realize how much food and drug companies combine to control people, making less quality practices each month and ongoing reactions.
Gracias para reading and ongoing learning 🙏 disfrute Navidad
@@picandvideoyou wouldn't have to do maintenance on a new ice vehicle the first year
I call that wishful thinking. As soon as the Brazilian government see the savings you are making they will tax you to recover their loss of fuel duty.
short answer, because US and west policy in general has never been to invest in south America growth, just suck resources like vampire bats or mosquitos
For decades they build the worst garbage for the Brazilian market, no wonder they cannot compete on quality.
Suck for free
That's an insult to vampire bats and mosquito
That’s why people from South America are trying to get into USA while nothing like that happens in China. Keeping your neighbours poor will make you suffer eventually
@@pb3392 Yup, now the Europeans are worried about more illegal immigrants and refugees, after they helped Uncle Sam and IsNotReal to invade Syria.
China saw a future in BEVs and went all out. Truly visionary.
More to the point, they "Saw the Future" over 2 decades ago.
Today, Western companies and Governments are complaining because China has an unfair advantage......
New Energy Vehicles, also including Plug-In Hybrids (minimum 50 kms range on battery for China), Extended Range EVs (100+ kms on battery), and Hydrogen Fuel Cell EVs (hardly any). China pushed for energy independence as soon as the US started threatening to blockade Gulf oil imports to China. Lower pollution and higher energy efficiency, along with reducing dependence on Western OEMs were all nice bonuses compared to energy security.
Love China from Brasil 🇧🇷❤🇨🇳
Just Bought a BYD in Brazil, and I am very happy with the purchase
@@mercutiobr3814 Well done. Bravo. 🙏👏👍💯🌹🔊🇧🇷
And the world loves Brazil. Ronaldo r9 the goat 🐐
Yeah, it's been a while, but BYD Brasil will pay back VW 7 to 1.
@@remix-yy1hs😅
Boy! You just stuck a sharp stake into the hearts of American and European business and political management. Thanks for the update.
@WilliamKirkland-j4r Management who only look for short term profit at the expense of people and the environment are like vampires - “stake into the hearts” is a great analogy
👍🏽
No he didn't. Facts are there for all to see.
Chinese leaders are visionaries.
I keep saying
If this is a Chess Game,
USA just Castled (Protected)
China has 3 Pawns all ready to "Queen".
That's normally indicative of the winner.
Maybe they are visionaries. Maybe being subsidized by a country will allow you to be a dominant force. Don’t get me wrong Ford & GM have been building crap for many years. I’m not sold on EV’s. I’m sold on technology and believe the same tech & reliability can be put into ICE vehicles. American & European car mfg’s could automate and build cars much cheeper. However, we are back to China subsidizing their car manufacturers. What country wants their car manufacturers crushed this way?
❤Exactly. And they care about PEOPLE.
Because Americans are not hungry enough to attack these markets and they don't make small cars
@@jlanetmanchines use pork's oil cook beautiful porkchop
BRICS partnership in action. Affordable EVs in demand and growth of middle class in South America. Government green initiative policy. Wish the project succeeds and longevity. Workers remain grounded and protect their jobs. Greetings from South Africa🇿🇦.
Hey another saffer here..love from..wait for it..brakpan
@khalidpeer6766,
🇿🇦😉😉😉
Ev is a no brainer. Saves money on fuel and maintenance. And no pollution. Just work on the country's electrification.
they are - a China/Brazil ultra high voltage dc line project stretching over 1000 km from the north just completed recently - most of Brazil's power come from hydro
@firstlast-pt5pp yeah. You gotta work on electrification regardless of EVs anyway.
Exceptionalism is killing manufacturer in America, E.U.
E.U. (Countries) will jump to BRICS via The Belt & Road given the correct timing and opportunity.
@@rogerstarkey5390 I think you're right
@rogerstarkey5390 no thanks. They are too evil. You can't trust them. Not the people but the elites
China is building up EV factories in Pakistan to produce 50000 EV cars a year.
34 seconds ago and INSTANTLY clicked. Best content on youtube. PERIOD
same, SO GOOD
Best ! ❤
This channel always is so knowledgeable ❤
Best insight on RUclips. PERIOD. #Raimondo should be a subscriber.
These are must-watch videos.
The US is obsessed with maintaining its economic and political hegemony, particularly in Latin America. Part of this is maintaining the current world order with the US, Europe and their allies rich and the rest of the word poor. It's what the 'rules bases order' is all about: the US makes the 'rules' and 'orders' other countries to follow them.
China has challenged this hegemony by its rapid economic expansion and support for developing countries providing investment and new technologies. That's why the US uses propaganda, sanctions, tariffs, military alliances and threats of military intervention to curtail the development of China and its industries.
Wow! What a revelation! Well done Brazil and congrats to Chinese EV makers. Thanks, Kevin for another great report. You're the best!
One of the best content providers on the internet. If you want to know whats going to happen in the future, Kevin is giving you clear insight.
I remember his video on John deer 9 months. And now it became true, what he said.
It's because Kevin is physically there unlike those journalists in the US sitting on the high horse chairs spewing fake news to their brainwashed audiences 🤮.
BYD is just smarter than all other car manufacturers.
BYD are the most mature of the Chinese brands, having started in the correct industry (Batteries) Started early. Diversified to vertically integrate, and planned the transition.
Thanks again Kevin. Sounds like good news for Brazil.
Another very interesting story! You are an impressive guy, Kevin!
I love that the season has changed over time in the background of these videos. I hope you have a nice Christmas whether at home or abroad.
I have seen China change from a third-world country to the most advanced, safe, and clean country in the world. Now China will share and invest in other global south countries.
I hope to see Latin America become like China, and the US become a third-world country.
I believe,
when comparing NYC
and say, any large Chinese City,
it is already happening.
I genuinely hope,
after 20 January 2025,
The Trump White House Administration
CAN
rectify this HUGE MAJOR PROBLEMS
many Sanctuary Cities are experiencing.
BUT...... Be prepared for USA to try a "Last ditch" conflict to try and regain stature.
This will need a CLEAR MESSAGE from literally "The rest of the World" telling them *NO* !
Getting there.the new administration will do a big push.
It must be so frustrating as China just goes on its merry way not getting rattled....
Personally I reckon China will preserve Tropic Rainforest areas too...
China can transform deserts
They will build a Railway (Hopefully not a road) linking both coasts of the continent.
That part about the rainforest is a joke, right?
Looool yes the great Chinese will save the rain forest. The Chinese who are so known for being environmentalists at home??? LOOOOL just dreams
@@MrDael01 Said a little differently than I did, but I think you say it better.
No kidding, I grew up worshiping German and Japanese cars like many other Chinese, before late 2010s. My dad was so proud of buying his first S-class in the 90s, back then, Japanese cars = good quality and durable, German cars = good quality and luxury. Now, well...... Some Korean and Japanese brands had been forced to leave this market, the famous German's BBA and some high-end brands like Porches and Maserati are putting their newest products on sales up to 35% discount, and even then they are losing the market shares.
Which country are you living in?
@taiwanstillisntacountry Mainland China.
I'm in Sydney and the strange thing is that although the Yen is so low (so many Aussies travelling to Japan for tourism), the price of Japanese cars are still so damn high
@jackyee7511 they think they can keep playing us. In this economic times. They gonna get what they deserve. Zero
@@jackyee7511 What if I told you TOYOTA's Camry used to sold for 300k RMB in China back in the 2000s, and now with the rise of the Chinese EVs, they now sell brand new Camry for 140k or even with a discount on that. Plus, if you consider the inflation and currency value in the last decade or two, normally they should raise the price instead of dropping it, this should tell you how overpriced these legacies' cars are.
Don't forget that Brazil and Paraguay has a lot of hydro electricity from the Itaipu Dam and still has a lot of hydro power potential. Electrification of its transportation is a no-brainer, especially since it is such huge country with very concentrated urban areas.
Thank you for the content. I'm favored financially with Bitcoin ETFs approval, Thank you buddy.
$25,000 weekly profit regardless of how bad it gets on the economy.
Invest in Bitcoin before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.
Many new tra-ders face challenges without proper guidance. I found success by learning from Christian Evelyn Mackie expertise.
Exactly that's why I always seek Mrs Christian Evelyn Mackie guidance in all I do
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k.
Should I invest in ETFs now or wait for a market correction considering
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
This channel ought to be a mandatory subscription, for all US government employees, officials and voters. May God bless you in your work.
Really enjoy your content. Tons of facts and zero fluff.
The reason is that legacy car manufacturers are holding on to the ICE ecosystem for as long as they can. Other than brakes and tires EVs need very little maintenance and electrical components tend to fail much less frequently than mechanical ones. Therefore auto repairs, oil changes, maintenance, etc all goes out the window when converting to EVs...
I fell a "Life of Brian" moment approaching...
"Yeah, but APART from component failure oil changes, maintenance....... " 😉
Brakes last a long time when the EV uses regenerative braking to recharge the battery. Tire wear is the biggest consumable cost, but active suspension will likely crop up 5-10 years from now.
@@ZweiZwolfGood point. Btw the world's 5th largest rubber producing country - China. No 1 is Thailand which is basically Chinese owned as well.
_" my understanding is the less a nation depending on US for whatsoever products, USD or reasons it is thus safer he/she is "_
I suggest,
research which products The US actually manufactures at home,
research the items they export.
@@FunnyBunny-pd5xx
I suggest, research what uSA might NOT be exporting in future (Like Grain to China?)
Virtually every time USA "Threatened" a country with Tariffs (sanctions) in the past, that country "Had a moment" and backed down.
TODAY?
There are 150+ countries who ask the question BEFORE adjusting their "Trade relationship" with the US....
"IF they threaten sanctions, can we get the product within the Belt & Road collective?"
.
In many cases (the majority?) the answer will be "Yes".
Now imagine that "someone" has "had quiet word" with ALL of those participating and said "Play fair.... DO NOT screw each other over.... Then you ALL win"...?
.
China started the ball rolling with the Grain imports from Brazil, etc.
Next? MIGHT be Mexico?
.
We might even see countries OUTSIDE the group doing the same? (Canada? Italy? Spain? Greece? [OK, I'll say it.... UK... I live in hope!]
If China says to "Europe" (NATO?)
"WE will guarantee Russia will "be good" and not expand" (Having gone to Russia and said "Vlad!! You're going to WIN as part of BRICS!!! Be patient!!)
.
Suddenly the rug is pulled from under the US War Machine.
Which is de dollarization is inevitable!
US did it all by themselves.
Economic realities are a tough pill to swallow for western economies.
AND the population which BELIEVED the B.S fed to them.
My favourite RUclips channel by far!
I am ever looking forward to Kevin's posting. Relevant information. Straight forward analysis. Honestly delivered. Not patronising, Supported with citations. Makes me feel really clever.
😂😂 me too. I am smarter then all the experts on msnbc or bloomberg 😂
@@remix-yy1hs much as I applaud your increased intellectual prowess. I have a yoghurt in my fridge with a higher IQ than the Experts on MSNBC . ( Not being rude but , always check your spelling before posting). I am always finding mistakes that spoil my self image of being really smart. While I'm on the subject . I copy and save them as word documents. Comes in handy for repeat postings and you can touch them up with new relevant additional points. Glad you are here, spread the word.
Go Brazil .. lead the green energy way way for South America 🙏👏
Thanks!
I just have to believe that those who run Western companies are either blind or incompetent. Even if you have no interest in the Brazilian E/V market, the fact that they are sitting on all of the resources necessary to produce E/V's makes them a no brainier for production. It's better than organizing coups in Bolivia every four years or so.
I would suspect that electricity generation might become a bottleneck once E/V sales get going. Same problem as the USA. We don't have enough energy production. And when politicians talk about energy, they are focused exclusively on oil and gas.
Brazil has plenty of sunlight and China leads the world in the design and production of solar panels and batteries. I think the EV charging problem can be solved with Chinese involvement.
Brazil has a large proportion of renewables in their electric grid. I think they pretty much know what they are doing.
Harping about an electricity generation bottleneck ignores that most countries actually build it based on increasing demand.
Most countries plan for these things, you know!
But the US might not be good at that, it's infrastructure after all, and we all know how they are about that,
That's OK because right now BYD are selling more PHEVs than BEVs, so it's still a plus for the Latin American and Caribbean markets.
Western companies are run for short term profits. They only want to inflate the stock price for the next quarter, even if this will bankrupt the company and the country in the long run. The CEOs will put the stock options in their bank accounts and leave the company anyway.
The global south and BRICS will build out solar and battery storage. Thorium reactors are another possibility. It's really only the US that is backing away from new technology.
Because U.S. companies are not supposed to prosper the locals
So true!
Imagine what it will do to a local economy anywhere in the world, if a working class family can save a measurable percentage of their monthly disposable income by buying a less expensive and energy efficient vehicle ……. This is especially true for the average income American family because a car is almost a necessity for living and working in the US; saving a few hundred bucks each month from car payments and gas will go a long way to help with the household finances.
This is a win-win situation for both the people of Brazil and BYD; and it is what “common prosperity” is all about.
❤Well done BYD well done Great Wall WELL DONE CHINA AND BRAZIL.
Insightful as usual. Thank you.
After years of expensive Audis, I have a GWM Hybrid SUV, a wonderful car, and a good price for Brasil. I never liked Ford cars, and Mercedes is not what it was anymore. I have solar energy at home and charge my car for free. This is the future for brasilians.
Can't get any better. No more patrol stations. 😂😂 enjoy my friend. Love from African in Denmark
Love the regional snippets at the end of the video
As an MBA, Wall Streeter, and now in the Banking industry, Ford and the US chase immediate margins (quarterly margin chases are considered long-term planning) and work themselves out of product lines and markets. This in contrast with the Chinese where they take 10-30-50 year views and strategic horizons, so their immediate plans and executions are 5 year cycles!
Just give the Chinese 25 more years they will do the same as US companies - quarterly margin hard ons. 25 years. I am Wharton MBA, ex GS banker here from NYC.
@@shekondogquarterly financial report are crucial if have stockholder & wallstreet to be impress. But it's not important if their company are not listed in stock market.
@@shekondog The pursuit of profit is the right way, but how to use profit is the problem, the value of money is to improve productivity and serve the people, so as to get more money in the process, rather than from others to gain short-term profits by looting, this is the difference between China and the United States, which one do you prefer? It also explains why people hate financial blackmail so much.
@@shekondog Not going to happen, the Chinese are good at long term planning, five year planning is in its 14th phase in China and will continue to increase forever
When you have a near monopoly market, and an infrastructure to support that profit structure, all people within the structure, sort of a deepstate within a company, will work against anything new that will create changes and uncertainties.
One of the best content creators on RUclips Kevin.
Traveling all over China is very wise!!!
See for yourself the real China…
The standard paradigm for project analysis taught in business schools for at least 50 years is ROI (Return on Investment).
When the ROI exceeds the target investor requirement (the “hurdle rate”), the project may proceed on a financial basis (though there are other issues as well).
The point is: why are ROIs so high for western investors?
Answer: because the financial return (ROI) is the only consideration. There are no other considerations. Where did this idea come from?
China’s analysis is distinct. The investor’s return is not the priority of the project. There are many other variables which need optimization, including the benefits to society as a whole.
The western analysis will always lead to increasing income inequality. Never to the benefit of society as a whole.
That's why they call it "End Stage Capitalism" - financialization of the entire economy. Short-term gains at the expense of long-term planning.
I partially agree.
China, as "The investor" IS looking for "Return".
The differences?
at least 2 spring to mind.
1) It's not "Immediate cash return"
It WILL provide access to resources which assure the prosperity of BOTH countries.
.
2) Assuming "Others" (You know who) don't cause a problem, The investment will eventually result in far less requirement for Military spending, which can be repurposed into MORE assistance.
@rogerstarkey5390 good points. I am concerned about what lengths "Others" might go to when they really start to lose their grip.
@@Quagma-b2i at some point, perhaps everything ends. It’s not in the immediate future for the west, because of the “bread and circuses” program by the elites.
The masses are too brainwashed to realize the “bread” is lethal and the “circuses” are degenerate.
Actually the “long-term planning” by the elites is exactly on schedule. What the plans are I leave you to figure out. Most people are clueless.
@@Quagma-b2i I am also concerned about what some countries might do as they see the future slipping from their grasp. I wonder if that's why this gentleman includes a prayer at the end of every video? I am sure he knows better than any of us that China's success could lead to scary actions from you know who.
Mobile phone democracy, TV democracy, computer democracy, etc., now is the era of car democracy. Chinese people do not believe that only wealthy Westerners can enjoy beautiful things. They want a fair world where every country and every nation has equal opportunities to share in technological progress as long as they work hard and contribute to humanity. This is called a shared future.
Great report
China planning on doing the same in Sa.. again European, US manufacturers are doing full imports for EVs, export for fuel based dying and gov adds tariffs to force local builds ev. They have no plan for non fuel based it seems. China just announced they setting up shop to build here while others leave.
Good reporting...😊
I think one of the reasons neither Ford nor Mercedes ever thought to build electric cars in Brazil is because they REFUSE to make electric vehicles that the average person can afford. I, for example, drive a C class Merc. I am relatively comfortable in life. I inquired the other day about the price of Mercedes' EQS Series of vehicles and I was shocked by the cost. Now imagine that the average person cannot afford a normal ICE Mercedes, in what world are they going to find the money for the significantly more expensive EQS Mercedes? The Chinese, on the other hand, are quite happy to make electric cars that EVERYONE can afford. No matter your budget, you will most likely find a Chinese vehicle for you. If you are the average person it is a simple choice really.....
If you ever watch “Who Killed the Electric Car”, a film made nearly 20 years ago, it’s easy to understand why they failed to take advantage of the opportunity to lead the world in EVs when they had it.
And as you said - short term thinking - maximizing immediate profits- lack of vision
Even a c-class Mercedes now uses a Chinese engine.
You could look at a EQB compact SUV. Thing is, Mercedes EQ EVs aren't anything special compared to BYD. Mercedes has been cutting content and quality for decades, so their C-class is the same as any other mid-market car.
You videos are excellent case studies for any MBA class.
No they are not the MBA mindset is what is wrong with US, fortunately China is not cursed with such stupidity.
I guess the German ICE car manufacturers know that they can't compete, so they won't build any more of them.
They are therefore scaling down.
Yesterday, I saw another channel looking at the latest "ICE Shill narrative" of "Discounts on new EVs" in the UK.
He went straight onto a well known vehicle trading site and started looking for discounts on new *ICE* vehicles.
While not paying too much attention, I noticed that every new ICE VAG car seemed to have a 20% discount on the list price.
That's no a good sign.
Very interesting video. Watching from Singapore
It is looking like the legacy auto mfg's weren't really interested in EV mfg'ing .
1995 - 2005: Ignorance
2006 (Tesla Master Plan) - 2012: Hubris
2013 (Model S) -2018: realisation.
2018 (Model 3) - present: PANIC.
Now, it's not even "Between the Rock and Hard Place", but BURIED UNDER the Rock.
The reason I mentioned Tesla?
THEY were the warning (He was TELLING THEM "WE are doing nothing the Chinese aren't doing")
He was also telling them "WE" (as a US company) can do it, so why can't YOU?
.
That's what happens if your Government and Industry is "Bought and paid for" by "Special Interest Groups" (All Hail the "Lobby System"?)
I think they are more interested in bailouts and protectionist tariffs. We'll see how that goes.
Excellent channel Kevin, one of the few I activate notifications. Congratulations! Going One step further, as a criticism of brazil (my own country), we let gurgel, a national manufacturer die. They had an electric car back in the late 70s. IN THE LATE 70s....
A new 🌏.
Quality. If Ford makes 5 cars its 5 recalls they have to pay for. If they make 100 its 100 recalls. Even CEO says designers must improve quality or pay cuts in Detroit.
Thank you for this information.
China can deliver supplies for the factories in South America then load up the ships with others goods for Chinese and other Asian consumers on return trips.
That'll be the plan.
Win win for all😂
Arrogance can be a formidable opponent. Western companies have enjoyed an advantageous position for a long time. They just got overconfident and lazy.
"Hubris"
A million thanks from Morocco Marrakech
German car makers VW and Porsche are in trouble. Both have announced massive layoffs of staff due to declining sales and higher production costs. The headline by British media always mention strong competition from Chinese car manufacturers. The thing is that they have not mentioned the fact that the German car manufacturers have started EV manufacturing later than China, and the Chinese EV cars dominate Europe due to better quality and lower price. China is not really competing with German petrol / diesel cars (so far as I understand), so they have themselves to blame in that regard.
IMO
Germany's underlying BIG problem
IS
energy costs.
For the first time in their 87 year old history,
VW has/is planning to close factories in
The Homeland.
HIGH Energy Costs,
are affecting Germany's
Chemicals Industries,
Steel Production Industries.
Come on BYD save some money to pay my dividends !
1999 started EU negotiations with South America about a trade agreement. The idea was cars from EU against agricultural products. They want to sign it now despite, there will be no cars from EU exported to Brazil.
..and FORD just announced a 4,000 staff reduction in UK and Germany . Announced last week and effective by end of 2027. Legacy auto is slowly pivoting and eventually there will be very little to pivot to.
China want everyone to enjoy the benefits of cheaper and quality EVs but US want to deprive everyone of that.
Not ony, those, but also GAC, GEELY and Jaecoo.
Why?
Because Ford success is measured in stock market performance - BYD is measured in sales.
America's economy exists on vulture capitalism.
This channel should be featured in ALL American news media. Relevant and impactful information presented with factual support. We Americans need to know these facts that actually matters, not all the bullsh*t news in main stream media in the U.S. This man needs have his own show on Bloomberg, MSNBC! 😯😯😯 America Wake the hell UP!!!
Your elites know all the truth, the Ford CEO has been driving the Xiaomi SU7 for months, the problem in America is the hollowing out of industry, and financial capital has kidnapped you all
Thanks
Your Reports are
very Valuable.
Why didn’t they jump to Brazil?? Arrogance and Privilege, they think they are better and above other nations
The Chinese automakers have been competing against each other furiously and know how efficient their manufacturing processes compare and have more of a certainty of being able to do it overseas, more than for Ford or Mercedes, who are still trying perfect those processes at home.
Plus the Chinese auto makers probably had the benefit of knowing electrical infrastructure was going to improve, such as the Ultra High Voltage lines which the Chinese are also building with Brazil through BRI. Slow and steady, joined up thinking...it's as if Brazil are following a tried and tested blueprint to industrialize ;)
Kevin, thank you.
Welcome BYD!
Some ones had probably thoughts of building EV in Brazil but felt into deaf ears. BYD likely just picked up the idea and run with it.
another gem
5:09 no export tariffs within trade bloc
BYD expects to sell between 50,000 and 100,000 cars in Mexico in 2025. The numbers sold in 2023 vary from 13,000 to 23,000 according to the source chosen. For comparison, BYD reports 19,800 cars sold in Brazil in 2023.
Camacari Salvador Bahia. Itaparica Bridge and deep Sea Harbour Itaparica. Its not only Camacari BYD Factories but also Itaparica Bridge and New Harbour. ❤❤❤👍
Good video!
Canadian here. The government has decided to put a 100% tariff like the US did. That is kind of sad on our government. Teslas sell well in Canada and Canadians do not contribute to the building of the cars. Given the subsidies that Tesla has gotten over the years, we should really consider tariffs on their vehicles but I digress. I think that we should invite BYD et al to build cars in Canada in the auto belt of southwestern Ontario and provide work for autoworkers who transition out of ICE cars to EVs. I am sure some of the manufacturers would welcome partnering and producing a line of Canadian cars built for the cold and harsh environment. I would consider an EV but at an affordable price. Until then, its the gas pump I go to. And thank you for these podcasts.
BYD won't invest in Canada due to how Canada follows the US. Too much risk.
Well, there's a risk of kidnapping in canada, just like they did to huawei
Brasil Your Dreams
Thanks Kevin for ALL your Videos.
I now see Manila having their own overcapacity of Apartments...can now view it as a comparison to what happened in China thanks to you!
Very good ! 👍👍👍❤️
Those ICE people are still telling themselves fictions that they themselves concocted.
Story like EV is more expensive.
Time to buy some BYD and GWM shares…and some Brasilian Lithium too
"Range Anxiety" is an overblown problem. Most people travel less than 50km per day. They can easily charge at home. EVs are not a total replacement for ICE. Not yet. ICE and hybrids are still useful for longer-range travels.
The Brazilian market is ideal for EVs, because most people live in big cities.
Wrong.
"Outrange the driver" then "Recharge as the Driver refreshes".... Is the only requirement.
THAT is perfectly possible today.
The mentality of the "Long Road Trip" requiring "Vehicle range" is flawed.
If you travel in business, the requirement is to be "At the customer" for a large part of the working day, not "On the road".... "Time IS money"
If you travel more than 3 hours, the customer should be serviced by a more local employee.
.
If you travel for Leisure, WHY would you exceed the range without taking a break?
The average trip is under 20 km. China requires minimum 50 kms battery range for their plug-in hybrid EVs, and they have affordable public fast charging everywhere. The typical Chinese PHEV can travel on battery 80-90% of the time, which is why NEVs are now over 50% of Chinese sales.
Thanks you
The US auto makers have been in retreat around the world for at least a decade. This process of retreat continues until they exit countries one after another. The Chinese auto makers are replacing the US auto makers from the countries where the US auto makers are leaving.
The only US auto maker that is expanding is Tesla, the rest are contracting. If the process of US auto makers contracting continues, then eventually they will disappear completely.
" In 2022, the retail price for regular gasoline in Brazil reached $1.39 per liter, which was the highest price since 2011 "
Good job 👏
I told Ford and Mercedes to build EVs in Brazil but they never listened to my advice. "Naaa, nobody will buy them" they said.
Had they listened to my great advice, they would have some great manufacturing plants in Brazil and expanding. As usual, too late .)
Why Ford & Mercedes? Their prefered target markets are the westen consumers where they can have the biggest ROI per units. They are not interrested In the markets where it's the Quality/Price ratio and not the Value/Price ratio that is the main criteria for buyers.
It cost a lot more in R&D to increase Quality that it cost in PR to increase Value.
I LOVE this channel!!!