How China Won the Electric Vehicle Race
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- čas přidán 3. 07. 2024
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not gonna pay, i'd rather just get the fake news for free
I'm surprised ground News would approve an add on such biased content. This is essentially CCP propaganda lol.
I love your videos but I was a little disappointed to find that you dont have many Nebula exclusive content. I subscribed thinking there would be a lot
@@sladewestern6704you think this is CCP propaganda? Polymatter is shamefully biased against China. He’s just laying out the reality of western decline in automobiles.
@@sladewestern6704 yes it is, do something abt that 😂
One of top reasons EV becomes more popular in China is that the charging cost is much much lower than fuel. For example, taxi drivers prefer EV because it helps make more money. If EV cars are good enough for Taxi, it shows its reliability and quality for ordinary people.
Not anymore now
@@saltymonke3682 It's just not as good as it used to be, EV is still a pretty good option. Especially when you consider the fact that China produces nowhere near enough oil to meet its own needs, EV becomes even more valuable in the long run.
@ionsilver557 electricity in China to charge EV is far more expensive now than ICE cars. And they're burning coal.
@@saltymonke3682Whats the cost per KWh and cost per litre now in china?
@IbrahimNgeno more than 120 Yuan to fully charge 55Kwh EV cars. Because public chargers have additional cost and not just the electricity cost.
A litre of gasoline is around 8 Yuan.
That's not including the loss of money during the charging since most of them are taxi and ride sharing drivers.
You are missing a major factor: Chinese government invests heavily in electricity grid and charging stations.
They missed a lot of points... China also recycles, most of the American and European EVS finish in parts in recycling plants from China. By law, the government regulated the local car manufacturers to make their models 95% recyclable by 2023, and they mostly achieved the goal. Those cars in a parking lot at the beginning are most likely to be reused as raw materials for future models, not just wasted as the Western media tries to portray. It's another ¨China Bad¨ narrative video but actually saying something positive with a grim filter (music and color gradings). I lived in China for a third of my life and I have seen a massive improvement in noise and air pollution, it has been remarkable and will continue to be.
And 82% of the Electric Powers generated from Coals and Fossils? What's a Joke 😂 😂 😆 😆...
how many 350+KWh charging stations?
The US government could just as easily do the same but refuses
@@4473021They will lose the funding from the O & G capitalists by doing so😂
Difference. Most countries, EVs are seen as a luxury. Theyre seen as to help the environmental. In China, its an necessity. With its density, auto pollution is a real problem. Even if they use coal power. It at least moves the pollution to outside the city.
Auto pollution in cities are real problems for many cities across the World. But only Chinese people and government are willing to heavily invest and solve it.
@luting3 not really. Air quality and congestion is far worse in Chinese cities prior to EV, I'm speaking for my home town of shanghai. 8t should be obvious that when you cram 30 million people into a city that geographically the same size as 3 million people city in the west, it gets really bad. Chinese cities are just that dense and overpopulated.
Even if you sourced a 100% of the electricity for your EV from coal, you'd still end up with less air pollution than if you drove an ICE car.
@@xiphoid2011then just remove cars as a whole, make the cities walkable like they used to be.
It’s all a scam, much like renewables. we already have a better way to help the environment, only use nuclear power and make the cities not rely on cars. It’s just the lobbyists and oil industry wants it to remain this way, and act like they care.
12:10
I want to make a small note here.
Belgium is not as big of a buyer of EVs as Mexico or SA, but we are a major artery for car import and export onto/from the European market. Hence the inflated number. Most of the cars being imported are subsequently being sent to other European countries.
Exactly, i was surprised to not see Norway in the list
The video is packed with misleading numbers which unfortunately makes it somewhat irrelevant.
13:14 "For Americans, car ownership is a way of life"
I think it's more accurate to say it's an obligation and burden imposed by a lack of good public transit, reinforced by companies and entities fighting to keep Americans in a position where they need to buy cars to get around.
Brainwashed or not people still love their car and hate cyclists and public transit. I would still call it a way of life.
Yet Americans keep voting for this.
@@jasonhaven7170 They don't live in a world where quality and readily accessible public transport exist, so they don't have a frame of reference on how messed up their city planning are compared to the rest of the world.
@@jasonhaven7170Of course they would, the system forced them to make cars an obligation of life. Give americans the option for much better, faster, more comfortable, more reliable, much cheaper and safer public transit and you'll see car usage decline sharply.
That's what happened to many european cities. When they introduced better public transit, and people had the choice to either use their car or public transit, most would prefer the public transit. It also benefited the people who continue to use their cars, because it drastically reduced trafic and eliminated trafic jams.
Both
Americans have to AND want to drive. Both have effect on others.
My hometown is in a small town in Zhejiang Province. Now I live in Pudong New Area, Shanghai. The distance between the two places is about 200 km. My family has a Honda Odyssey. Previously, whenever I traveled between Shanghai and Zhejiang, the gas and toll fees were around 260 yuan(roughly 36 dollars). In June this year, my father-in-law purchased a NIO ES7. I didn't think it was a good idea at first. I was very worried about the range. I thought a hybrid like Lixiang L8 would be a better choice. In July, I drove the NIO ES7 back to my hometown. To my surprise, there was also a NIO fast charging station available in my small hometown. I calculated that the charging and toll fees for driving the ES7 back home totaled just over 100 yuan(roughly 14 dollars). From an operating cost perspective, it was very affordable. My only complaint about the car now is that the body is too wide. It can be inconvenient when parking and navigating tight spaces in Puxi.
Your father-in-law knows what to buy. Sure he knew about the charging station. Wise man.
His father in law also bought him for his daughter@@Sobreira4
you also have to consider service costs to keep a normal car running, you dont have even half the moving parts in an elecrtic car
@@augustinboulloche684 Or losing it for the day when it needs an oil change. I used to change it twice a year, pain in the rear. No more 🙂
True dude, hard to navigate in a tight puxi🐈
"EVs rely on relatively large amount of low skill, low cost labour", Lmao. It make my day.
so basic on this stupid analysis American are doomed
They only have homeless people
no low skill low cost labour there
They love making it seem like China is some backward place while they are among the most advanced in science and industry in the world
The old low skill low cost labour mantra, westerners never fail to cope, they said the same thing about Japan, Korea and China, and now are saying the same about Vietnam, India, Indonesia etc
In the chart at 11:30, the BYD figure includes plug-in hybrids, which account for half of the sales, so "only" ~120k were actually EVs
Glad you pointed this out. A lot of China's EVs are not full EVs, they're hybrids.
Hybrids will likely dominate most of the world for the foreseeable future because developing countries can’t build the infrastructure to support EVs anytime soon, so it’s arguably the bigger prize right now
Not "EVs". *BEVs* All vehicles that use an electric motor as part of all of their propulsion systems are "EVs". BEVs (Battery Electric Vehicles) are 100% all-electric. PHEV's (Plug-in Hybrid Electric Vehicles) combine some system of petrol powered Internal Combustion Engine (ICE), with an electric propulsion system AND has a battery that can power the vehicle _without_ ICE assistance.
Although very difficult for Americans to understand due to many factors, A PHEV is typically a better choice in the grand scheme of things. Assuming that 100% of the justification for electrified vehicles to replace legacy ICE vehicles is "a _large reduction_ (NOT elimination) of pollution and fossil fuel dependency", Then a PHEV would actually be far more acceptable to the average American driver, than a BEV, yet reduce about 90% of emissions. Americans will never adopt BEV's in mass.
@@isaiahlouisb2all big dogs like Nio, Xpeng, Hiphi, zeekr & dozens others only make 100% EVs. BYD has both EV & Phev and Li auto only sell hybrids. Ofcourse there are fossils only car maker too but dying in faster rate each day.
Don't generalise saying "China Evs" you don't sound smart
Also most of those will probably burn up randomly as far as im aware. Chinese Batteries face serious problems
What? EV require low skill, low cost labor? Batteries are commodities? Batteries are high tech, R&D intensive, capital intensive products. If you have ever seen a CATL factory, all automation, and they are working to improve yield from 99.9% to 99.9999%. The amount of research, testing, manufacturing at skill improvements needed is massive. CATL's factories are essentially a huge robot, huge amount of data from machines are collected to give insights into how to improve yield by 0.0009%. They are more like semi fabs.
EV has far fewer parts compared to ICE. It's far fewer components. Far less moving parts. So overall yes. Far far simpler.
The R&D cost is far lower than ICE. Get your facts right
@@vueport99 It is low skill yet the West cannot do it?
@@SonPham-CompetitiveProgramming what do you mean the west cannot do it? Who do you think invented it?
Love it when frogs make comments. You're already on VPN. Go learn something useful rather than embarrass your family and your country!
@@SonPham-CompetitiveProgramminglow skill doesn't mean easy
The byd numbers are wrong, they contain Plug in Hybrids. They are half of their production.
Plenty of the information in videos on these types of channels is wrong. You only really notice when they start talking about a topic you know about, otherwise you'd be oblivious.
@@Oat-Especially numbers from china are anyways tricky. They are often fake or bloated. So always take information from them with caution.
@@Voodoo_Oneit’s the case for some government numbers but not for listed companies, if they fake it the finance sector would sniff it out and their stock price would plummet, they don’t have incentive to do that
@@feixie5196 it already happened with listed companies in china
@@Voodoo_Onecope harder; it does not stop China’s EV dominance
The number of chinese cars is increasing rapidly here in italy. German and local car manufacturers are increasing prices into absurdity. They are opening the gate for those foreign car makers.
That's better
In fact, the price of the same Chinese electric car in Europe is about twice the price in China. China is not dumping, it is just that China controls all the supply chains and the cost is much lower.
@@haiwang2857 yeah they saw/see a chance to massively increase Market share and are taking it. Id also not call it dumping, but they do keep their prices low because they are fully aware how much they can gain here.
@@haiwang2857this. Been to Shenzhen, it is stupid how quickly chinese companies there pump out prototypes. What took the company I work for MONTHS to produce takes the Chinese weeks. More and more western tech companies are placing strategic offices in Shenzhen
@@haiwang2857Yep, and China also has the advantage of cheaper Australian energy and minerals which the Europeans can’t get because they’ve had a punitive trade embargo on Australia for 50 years.
When two elephants fight…it’s the grass that suffers.
Being Afrikan from Zimbabwe where we have the 4th largest lithium deposits (and the average citizen does not benefit at all from that fact)…I’m really feeling like that grass.
Real shit right there
@@not2hot99 reality is warped 😩
the US soon be like: Your country needs some democracy and freedom. Don't worry we will bring it to you.
@@frankmerriwell8339In Africa it wont be the US saying that. It will be either France or China.
@@RK-cj4oc Like China will bring democracy... France doesnt have a good track record either right?
The most impotant factor for chinese goverment to push EV, is because it has already build the world largest solar panel and wind power industry. With the EV and Energy Storage Battery industry China is working on, all the puzzle pieces are finaly come together.
I'm visiting Thailand at the moment, I can barely see Tesla on the street, but can see quite a lot of BYD EV's here, including the BYD EV taxi.
Both Tesla and BYD started to sell in Thailand in 2022 so both will be pretty few units on the road but I imagine in 10 years from now that will be different Iguess time will tell how EVs are adopted in countries like Thailand.
@@drscopeify you're right, EV is definitely not popular in Thailand now. But BYD seems taking the lead at the moment.
@@brian.z6592 Yeah, Tesla doesn't have a low cost car yet. What's really telling is that Tesla has managed to make their expensive premium cars global best sellers. Which means that, while in volume, in places like China, BYD is bigger than Tesla, Tesla still has a comparable revenue share, with just a fraction of the marketshare.
Tesla Model Y, the world's best selling car is expensive. I don't think anyone would have seen that coming
One good thing about China is that it has a start up culture like US, and not the chaebol culture of South Korea or Japan or Taiwan.
chaebol culture means those same old big companies rule the market forever!
I always found it weird that countries like cuba, yugoslavia and china despite being "communist" have a economic policy similar to lots of libertarians.
tito was very much like this in his economic policy, the soviet union and north korea are the odd ones out in this regard, unless you count north korea selling crypto and drugs as ultra liberal marketing
on the opposite side you have germany or south korea and the usa, which a huge amount of protectionist policies japan too recently.
and they have more communist policies similar to the soviet union
japan??😂
@@NeostormXLMAX我们是披着共产外衣的资本主义国家。不要把我们当共产主义看就容易理解了，实际上我们不是共产主义国家大部分中国人都清楚，只要发展的好生活水平一直在向上发展，老百姓谁管政治怎么走？生活才是最重要的
I think one reason is that unlike in europe or USA, which car manufactures need to convince gas car uses to convert to EV, in China many EV buyers are first time car buyers, so theres not transition pain.
For the vast majority of people the dilema of ICE vs EV is non-existent. My mom doesn't care if the car makes brum brum or buzzzz noises. The problem is media which is largely controlled by the big ICE companies. In the early days of Tesla even 1 Tesla burn the media was all over it. Ofc we are not talking about how the vast majority of these "incidents" were man-made. Now that Tesla has cameras suddenly no Teslas are burning anymore. How convinient... And the funny thing is that hundreds of their cars are cathing fire every day around the world but the media made news when 1 Tesla burned. So media is a big factor.
Another big factor is the learning of new skill. People are not taking into consideration that charging an EV is significantly easier than a gas car. You can charge it at home. But you have to shift the switch in their minds.
A lot of Americans quadruple down and drive the largest gas-guzzler that they possibly can, or engine swap an EV with a diesel engine just to make a statement about how much they dislike EVs. I doubt that Chinese people are doing the same.
@@havenless3551 that's seem pretty dumb but I doubt it will affects the sale of EV for the US in the long term though
@@ulikemyname6744 There was a ton of recent coverage of Tesla batteries catching on fire during hurricane Idalia. This is a risk that ICE cars do not face. Solid state batteries may help this in the future, however that is not the current reality for pretty much all EVs on the market.
@@aruak321 Most likely fabricated. It is extremely rare for a Tesla EV to catch fire. Or the fire was caused due to something unrelated to batteries.
China : bike
US : poverty !
China : cars
US : pollution !
China : EV
US : subsidies !
😂😂😂
true lol😅
US did the right thing
wht?being a complete bitch all the time is that it?
The US buyer’s demand of a 500 mile EV is odd considering most internal combustion vehicles don’t go that far on one tank. Plus the convenience of overnight or workplace charging means you really just need an EV that can cover your daily commute, with a bit extra for an occasional trip. I’m sure someone will comment about their 200 mile commute but those are extreme outliers.
The demand is because of the absolute shit recharge network. It's about the flexibility with one car and the physical limitations of the battery degradation and how much charge is left in the battery before doing damage to the battery itself... Having a EV with 200-300ish miles range as the only car SUCKS ass if you want to do anything other than commuting and basically just going on day trips. Anything longer, and anything off interstates just sucks ass and you're basically looking for the closest DC fast charge station to charge up before getting off of the interstate.
Look, I have a EV for the daily commute and most basic things... But the EV would not replace the gasoline car at all on most longer trips, especially the cheaper ones without GOOD DC fast charge support (pretty much all cheap EVs are limited to like 50-70 kw charging speeds... which is insane since no one wants to spend 50+ minutes to gas up to full from close to empty...)
People are nervous about EVs since they are new technology. That's why they demand very huge specs before considering them
A quick Google search reveals: 2022 Toyota Corolla Driving Range: The L, LE, and both Apex Editions with CVT have a city driving range of 396 miles and a highway driving range of 501.6 miles.
So no, you're wrong. ICE cars do have 500 miles of range. Car makers target 500 miles, so more fuel hungry cars also get larger fuel tanks.
Also, ICE range is not a big problem because in those 500 miles, you would've driven past a hundred gas stations, and filling up takes 5 minutes at most. Not the case with EVs.
It's because when you're going on a longer trip you can cut that range in half for highway miles so most people would like to be able to drive close to 4 hours or at least three before having to recharge and continue their Journey
That's bs. They create ridiculous laws to remove competition.
Saying China's most effective policies were coersive doesn't make sense. The Chinese people want clean air, this policy helped get them there. Thats not coersion... This wouldn't work in America because not as many Americans live in big cities where air pollution is a major issue. Also most American culture dislikes government regulation because we equate freedom with lack of government intervention
its coercive from an american exceptionalism perspective
Amerikans are the most propagandised and brainwashed people on planet earth. They'll even call endless wars and murders "bringing freedom & democracy". That label seems to sell anything to amerikans.
@@JogBirdThis video just carries a strong American bias. While in the US the people see it as coersive when government dictates when an individual can or cannot do, in China we see it as democratic because the government represents the people while private companies and individuals don't.
never occured to me how much simpler some electric motors + battery is compared to the engineering required to make literal fuel explosions into a safe comfortable drive
EVs only have a fraction of the parts as gas cars, it's basically an "engine" block and axle working together
22% of new cars sold in California this July were fully electric compared to just 5% in 2019. Change is happening fast
That was China like 7 years ago
gas in CA is $6 ga, everywhere else its $2 ga
Now look at the US as a whole. The only company doing well in terms of EV sales is Tesla, and when looking at consumer interest or marketshare of EVs for the US, they are really lagging behind. Thats despite being a rich country, home to the worlds largest BEV manufacturer. EVs have become politicised.
When I heard "EVs rely on relatively large amount of low skill, low cost labour", I am convinced this video is full of BS. So tesla workers are a bunch of low skill labour compared with their counterparts in Detroilt?
I think he means that EV is simpler to design and build than ICE vehicles, and it's true. ICE engine is much more complicated than EV's motor. Before EV is a thing, China had electric scooters everywhere already. I reckon EV has some similarities as electric scooters.
@@cosmos5610this, especially the cheap tiny ones the average chinese person actually drives. Theyre basically golf karts with doors
the price of EV's in America is too damn high
it's been getting pretty good recently. Like $33,000 for a model 3 if you include tax credits
Well bring in the Chinese brands, problem solved
I hope China can export their EVs to US to help with that. But we're already seeing EU pushing back with some protectionist restrictions on Chinese EVs. We'll see how that plays out because China is a big market for EU exports! China likely will hit back with their own restrictions. Doh!
One cheaper EV in the US is the *Chevrolet Bolt* starting at $23.7k and 237mi range. The model was on GM's chopping block but has been kept due to popular demand and consumer petitions.
The price is going to be naturally higher for EV's as they require little servicing and upkeep costs are much lower
@@beyondfossil American protectionism and suspicion will make China EVs more or less impossible to export to USA. I am sure there will be politicians screaming spying through EVs lmao.
8:42 chart feels misleading to not go through 2022. US electrical vehicle sales nearly tripled between 2019 and 2022. It doesn't really fit the narrative though, so I guess cutting it off in 2019 makes for a better video.
Agreed, very biased presentation
Like “half as interesting” straight up telling lies? Or johnny harris literally putting pictures of qing china 1905 to talk about poverty under communism before communism was even established?😂😂😂
@@NeostormXLMAXyeah
@@bvzpRTZMJQmKiWAFyohHit’s to push a idea in your head
@@NeostormXLMAXI doubt HAI has any bad intentions with any misinformation it spreads and usually calls itself out on it afterwards. Johnny Harris however makes the most BS propoganda I've ever seen.
Even if the figures are doctored, it’s kind of genius how they implemented the Export model for cars. Instead of going the Korea/Japan model in an already saturated, specialized sector relying on ICE engines, jump ahead to EVs to play to its strengths.
And anyone's has proof that figured are wrong ?
你可以去中国尝试驾驶BYD 唐DMP，一辆重三吨的SUV，百公里加速4.8秒，油耗6升每百公里。它是一台混动，并且可以插电的汽车。请给我一个理由购买其他品牌，外观，配置还是内部豪华感，我找不到，希望你能找得到。
ICE is too complicated for them to master. EV on the other hand has far far fewer parts and they can copy Tesla methods all day long. Why do you think they built Tesla factory in record speed? So they can learn from it..
China will win once they figure out the battery capacity, explosion issues.
There's still a problem with corruption if you look at the massive EV graveyard they got going on in China to fake numbers and get govt subsidies
they really didnt have a choice.. but it was smart to recognise that it was futile competing in ice
Even if the figures are doctored, Even if the figures are doctored, Even if the figures are doctored, Even if the figures are doctored, Even if the figures are doctored, Even if the figures are doctored, Even if the figures are doctored,Even if the figures are doctored, Even if the figures are doctored, Even if the figures are doctored, Even if the figures are doctored
Chinese innovation at its finest, they won the EV race before anyone even noticed. And now they're well on the way to catch up on the semiconductor race.
Unlikely to lead in the semiconductor but 2nd place or 3rd in terms of foundry segment will be a big win
@@leeheemeng3799 I would say likely given the amount of R&D China is doing in the field.
@@yume6532 time can only tell, to be leading would mean beating Taiwan which had at lease a 10 year headstart and an extremely concentrated support by the government that I would say equal to the support Korea gave to the cheabuls combined.
Innovation? All of this technology is stolen. Chinese meat rider.
Stolen Tech mate. Nearly nothing China produces now is a result of their own technological breakthrough, the amount of IP theft is rife.
The entire point of protectionism is to protect local industries from being destroyed by multinational monopolies, thats what you should do when your local industry can't compete, once they are strong enough you get rid of protectionism to let market do its work. America is trying to do protectionism when Tesla - an American company is already the de-facto industry leader - is going to hurt US EV industry and capability in the long run.
Our government does not actually like Elon Musk for political reasons. They attempted to block Tesla from receiving tax credits by setting a price cap below the lowest cost Tesla's price to protect the legacy union automakers, but Tesla dropped prices to meet the threshold and benefit from the credits. They will likely employ some protectionism against cheap Chinese imports to prevent the market dumping that China is known to do to destroy competition. I am generally in favor of the free market addressing such concerns, but we do not want CCP subsidized imports dumped en-masse simply to kill our industry. There are also concerns about small companies sending low quality cars and disappearing if problems arise, leaving consumers stuck with unserviceable or dangerous products. Ideally, I'd like to see some of the larger companies invest in some domestic manufacturing and service centers before they import so that they have an investment here that shows a commitment to doing business, and not just product dumping. That would be healthy for the industry as it will increase competition and innovation.
Another thing is that allowing Tesla to set shop in a historic first of a kind scale and deal, builds a brand for Chinese manufacturing (one known for low quality), plus, allows Tesla to partner and build out supply chains to their higher standards. Many of the primary suppliers for Tesla are Chinese tied. They and Tesla are intertwined, and they follow Tesla everywhere.
Its a win-win.
I’d love to argue, but I live in Iceland and my Tesla Model Y was built in Shanghai, it’s pretty good
8:35 the newest data here is from 2019. Wasnt there any newer data available? A few big hitter evs came out in those 4 years since then. Thd F150 Lightning for example.
Yeah there’s bound to be newer data available. Using a graph from 2019 while also talking about how EV export growth in China only exploded after 2020 is a pretty big oversight and makes me feel misled
These are the number since 2019. Note this is for PHEV+BEV (but not mild hybrids) sales. In both China and the US, the ratio of BEV to PHEV sold is roughly 80:20, but with the BEV share slowly increasing over time.
2019: US 310,000; China 1.2 million
2020 (remember pandemic year): US 320,000; China 1.4 million
2021: US 660,000; China 3.5 million
2022: US 980,000; China 6.9 million
2023 through the first 3Q: US 873,000; China 6.3 million
So yes there is growth in US sales, but it's not China growth. Only so many US consumers can afford new EVs since even with price cuts AND tax credit, the cheapest Tesla is at 30k USD. Meanwhile there are plenty of EVs (and PHEVs) sold in China which cost 20k, 15k, and even 10k USD these days.
EVs have traditionally had higher upfront costs, with the price of the battery a chief factor. But the average price for batteries fell to $98.20 per kilowatt-hour last month, according to energy analytics firm Benchmark Mineral Intelligence, the first time in two years it has dipped below $100.
Battery pack prices need to reach $100 per kilowatt-hour for EVs to achieve price parity with their fossil-fuel counterparts, Benchmark said.
"Decreasing cell prices could allow [original equipment manufacturers] to sell mass-market EVs at comparable prices to ICE vehicles, with the same margin, improving the attractiveness of the EV transition for both consumers and automakers," Benchmark analyst Evan Hartley said in a statement.
A decade ago, lithium-ion batteries averaged $668 per kilowatt-hour. By March 2022, they were down to $146.40, falling another 33% to reach August's average. According to market intelligence firm TrendForce, "a continued gradual price decline [should be] expected for the rest of the year."
Your work on China has been improving in the area of providing factual information rather than judgmental assessments. You gained a new subscriber here.
Still with a heavy anti-China bias though, but facts are presented.
This is not accurate at all.
@@byhyew yeah like how he talks about how electric cars don't take skill to build thats why china is able to beat the west lmao,
he's probably one of those western enlightened liberals, of course he isn't talking straight up propaganda like the some of the others
I just came back from China. China is full of electric cars. All the taxis I took are electric cars
My family has two BYD EVs. User experience and cost price effectiveness with installed solar charging are funtastic. Currently, I am seriously considering to install a solar battery to store my excess solar power which currently is sold to local power company at a miserable price of only A$0.02 per KW.
Is it metallic? Im just asking because BYDs have flooded my country but some of them look plasticy.
@@nochipsonlycrisps8639the ones I've seen are prob just the paint
Excellent documentary PolyMatter
nothing makes me feel old like hearing "iPod" used to indicate something decidedly obsolete.. 😅
It's meaningless to responding to those China haters. They post comments with their own perception and emotion without any reliable sources and facts.😂
Fact Check. There was a lot here that was great but the opening "Chinese EV graveyard" drone shots Luddites use in their look-at-how-EVs-have-failed clips is a mistake. Those mothballed EVs are not unwanted consumer products: they belong(ed) to defunct Chinese ride-hailing and ride-sharing companies, which, as with bike and scooter renting companies, expanded wildly beyond local demand in individual Chinese cities and then crashed massively. You can see the names of some of the companies on the sides of the vehicles and this is also why they look so uniform: they were corporate fleets. The fleets were actually purchased or leased from automakers like Changan, so, success as far as EV sales were concerned. It's just that the private enterprises that purchased them failed in their business plans. They're sitting in those lots because the Chinese insolvency system is drawn out and because they have proprietary systems that make them unwieldy for the consumer used car market. To boot, of course, having been stockpiled outdoors for years while their fates as bankruptcy assets were being determined, yes, many of them are now indeed scrap. But this has nothing to do with an absence of consumer demand for the vehicles themselves.
Amazing video as always
Its going to be a fun chat here fellas
Let's talk some interesting. Li Auto delivery of 36,000 vehicles(30w-50w RMB) in September, In China The traditional "BBA" (Mercedes-Benz, BMW and Audi) has now become "BBL" (Mercedes-Benz, BMW and Li Auto). Audi has been directly eliminated from the top three domestic luxury cars.
0:22: 🚗 China's rapid automotive revolution has left hundreds of electric cars abandoned and forgotten.
3:49: 🚗 China's air pollution problem is disproportionately affecting the less advantaged, but electric vehicles offer a solution.
7:19: 🚗 China's EV market became saturated with hundreds of nearly identical brands, hindering growth.
10:59: 🚗 China's electric vehicle market is dominated by local companies, with BYD leading the pack and Tesla as the only foreign carmaker not in decline.
13:51: 🚗 The US faces challenges in catching up to China in the electric car industry.
Recap by Tammy AI
Hey thanks for the time stamps and recap.
0:10 Sorry those were gas cars. Can't you see the plates？
I can't believe you're falling for CCP propaganda lol.
Complete industrial chain
God the old bike videos make me so sad. Obviously you don't want people to just be on bikes because they can't afford a car. But a billion bikers is just such a gigantic W that it's beyond depressing to see it replaced by giant car roads pretty much everywhere
Hopefully in the future we see a lot of EVs and a bounce back of bikes when there's less annoying diesel cars in the streets
Every vehicle crash I came across while in China involved at least one car, and was pretty much never the fault of the cyclist or e-biker when a two-wheeler was involved.
came to the comments to say exactly this. My relatives overseas (and in fact, most average Chinese citizens) view cars as a symbol of wealth and status, and not as the tool of dependency needed in North America. As a result, with the increase of the Chinese middle class and the affordability of (first ICEs, but now) EVs, everyone that can afford a car WILL get a car. You can see the devastating effects this has had with the ever-widening roads in once very transit and bike-friendly cities like Shanghai (despite having the most extensive metro system in the world), where traffic is still worse than ever. Car dependency of any kind is a problem, EV or not.
What does "W" in " a gigantic W" stand for
@@Akira-ci8lgWuhan
@@Akira-ci8lgits short for "win"
The car graveyard you are showing has a flaw. Most of these cars in the graveyard have blue registration plates. Blue plates in China are for ICE cars. Plates with Green and White combination are for EV's. A small detail that is always overlooked when facts get in the way of a good story.
This is a channel that amplifies fake news from the mainstream. It's objective is to entertain, not necessarily inform. You can easily tell from the typical loaded words like "coerce", "forced", "powerless", etc. Why let facts get in the way of a good story?
Its crazy the numbers of EVs you see here in California these days. Just subjectively it seems like if im on the highway you can see at least one EV at all times. Just last week i was behind a tesla and then another Tesla passed me in the fast lane and in my rear view mirror there was yet another. I also see a lot of the Hyundai ionics and most of the fedex vans are electric around here. Its definitely gotten way more common here in the Sacramento area.
Come visit major cities in southern China. Half of the cars on the road are EVs.
I do not who make the policy first, but the gasoline price in California is as expensive as those in China, all due to high tax rate on gas.
Interesting and informative video.
It pushes the people to be less dependent.
Pushing for innovation.
My god this was a smart move.
BYD EV sales chart is wrong, that includes plug in vehicles, about half of that number. I do take your videos for granted on topics I know little about, I can't say I'm not disappointed. Also why cherry pick Tesla profitability from 2020, fits the narative? And NIO collapsed because of their bad strategy, and the business fundals beeing crap.
Can you please elaborate on the bad strategy and crap fundamentals of NIO? :)
@@MrNicoJac batteries are expensive. Battery swaps require having a lot of batteries stored. Those batteries could be vehicles sold. They, instead, have useless batteries in a warehouse.
@@MrNicoJac They want to ppush battery swapping.
The simple fact is that EV’s are overall much simpler to make and maintain than conventional automobiles. This is great for the consumer, who should expect much more variety and cheaper prices. But it is heartbreaking for automakers who have dedicated decades to build supply chains and R&D IC engines.
Innovation always brings pain. I am truly sorry for them.
They have fewer engine parts but they are not necessarily “simpler”: chemistry, heat management, power management, among other things is vastly more complex. EVs are not even close to being cheaper without massive massive subsidies which means they are not.
Do you think german car industry will die, or drop to same level like in the USA?
truly heartbreaking these multibillion dollar multinational companies actually have to compete again
They aren't really simpler. A combustion engine for all it's modern complexity is a lot simpler than batteries + electric motors and at scale have a lot more time and effort put into understanding them. And the same thing has happened throughout history going from walking to horses to trains to cars. It should also be noted automakers worked as hard as they could to slow the transition to EV's, so I can't say I feel sorry for them in that regard.
Excellent Video.
I rather see trains and bike paths instead of being dependent on cars
yeah and I'd rather everybody make a million USD a year but that's not how things work
China: oh did you say trains?
@@john_smith_johnExvept it'd be easy. Chinese cities just restrict license plates more and cycling will become dominant again. Likely E-bikes
@@appa609 E-bikes are also a huge market in China fyi. It's not just cars. Cars only get all the attention cos it's the product that's making a big splash abroad with exports. But electric scooters and cycles are also widespread in China.
@@appa609 Just for your information, E-bikes have been popular for 2 decades, accessible and affordable.
I have tried Chinese cars. When they were first introduced, it was bad. Not very durable and replacement parts took months to get hold of.
Fast forward couple of years, and they are by far the best value for money and it is not even close. Cheap, durable, economical and easy to repair. Haven't tried the luxurious ones if they even exist but your typical small car or truck is solid. I don't see other brands competing in a couple of more years.
Video like this is to bash China, not telling the truth to its audience. And make money from US government.
Fr. Im seeing a lot of comments about how shitty chinese evs will break down and burn but I recently took a ride in my mates BYD that was a couple years old and was amazed by the quality on everything from the interior to the ride. I didnt even know BYD as a brand b4 i got in the car.
Is BYD available in Bhutan??
cuz US gave up all their production to China to steal🤣🤣
Go ahead and support CCP you blind consoomer. All of your data is flowing directly to their AI.
Everyone talking about fires when BYD and CATL batteries are used in almost all global brands too 🤔
probably japanese rightwingers salty about japan losing out big on the EV race.
@@hughmungus2760 Hey now, do you really need to kick them when they are down, what with Panasonic and its whopping 7% share of the global lithium battery market! Versus the Koreans having a 25% share and the Chinese with nearly 70% share.
@@tren133 yeah I'd be upset too if I was japanese and watched Toyota which used to be the king of affordable cars totally drop the ball on EVs like it did.
@@hughmungus2760dont think Japan cares, here Japanese only support local businesses, most I see is from westerners coping on fake news, average Japanese are fine with China a lot of our products are from there and we do not mind
@@hughmungus2760That's Toyota's own fault, its not the customer's responsibility to protect the brands and keep them successful
I always though EV car had a hissing sound because of the electric motor but its surprising as quiet as a mouse. Immediately I have the conclusion that this shall be next the revolution for vehicles.
I had replaced my VW POLO with VW ID3, save more than 1000 Yuan every month, and a shanghai car license (almost 92,000 Yuan).
I think we should wait at least 2030 to declare someone a winner
Its already China. And in 2030 US relevance is even less than.
What can change in seven years??
If you magically made the Industries shift by force to EV's theres still enough conventional cars to supply demand for another 50 years easily
Thank you for acknowledging that not all information is not present yet
China is probably still going to dominate.
Declaring a winner is certainly clickbait, but the video does show how China advanced rapidly in the EV market
the transition to the pitch at the end was truly masterful. Well done!
Shouldn't be congratulating people for sneaking advertisements in.
@@john_smith_john It's an artform.
Let's play a game and guess, how many filters are used in this video?
Fascinating.
Allowing EVs to have special license plates is definitely putting their thumb on the scale.
Same as government subsides. Lol. What's your point?
Same as in a few other countries. In the EU its possible to get green stripe on them but it's not mandatory
@@tarant315 We get a whole green license plate in Poland.
Like how Germany is trying it's hardest to keep their Ice car manufacturers alive while they slowly transition to EV. Honestly disgusting how Germany is so behind on green technology
This is the advantage of China’s system. Vested interest groups in capital cannot influence the government’s decision-making. If the government decides to do so, it can be implemented quickly.
大部分都是对的，补充一点，高油价。中国的油价是稳步上涨的。导致营运车辆必须要用电车才能赚钱。上班通勤用电车也更便宜。
when did the race finish?
it kinda is
I don't get why the UK range expectations are so high for what I estimate to be about 470 Miles given the graphic... That's roughly an 8 1/2 hour drive from Plymouth to the Scottish border via the M5 and A1(M). Who is expecting to do that on the daily, or even as a one off, without the ability to charge at any point, other than company cars going up and down the country. With a drive that long, even at half capacity, a 30 minute stay at a quick charge station would not be much, or even take anything out of your time, as you'll be surely pulling into a services at some point for a rest.
事实上，纯电车的续航里程并没有它所标注的那么高，在寒冷的情况下甚至只有所宣传续航的50%，尤其是特斯拉
Doesn’t Tesla already make 4680 cells in the US? Thought that’s what vertical integration meant
About of Tesla’s car production is made in China. They would probably make it 100% if places like the US didn’t have laws placing import restrictions
@@in4ser about 54% is made in China
Very small scale. For instance Tesla production rate is almost half of the 10th largest battery maker (Farasis) and less than 1/10th of the 1st largest (CATL) globally.
i dont understand the 500 mile want for some americans for evs. I think something like a solid 350-400 miles would be plenty for every drive I make other than one or two drives I do per year where I would need to stop like twice, which isnt too bad. For that trip, there is no ev that will make the trip in one go, so there is no reason for me to not buy one if I will have to stop anyway.
For me, 500KM is enough. I live in China and own an ICE car right now, but definitely will buy an EV for my next car.
What’s wrong with subsidies? Usa have 50 billion to set up chip factories .
Was just in Beijing last month and the subway charged around 50 cents to get you anywhere in the city, including train stations and airports. It's also not filthy or full of homeless people. Restricted driving days can be an inconvenience but not really a problem. And to be honest, driving in China sucks ass any way. Parking's a nightmare like you can't imagine and the traffic is always awful.
Thanks for the awesome content and great videos!!!
Pretty good video on the subject which hits most of the points well. It would have been good to include an introduction of Wan Gang (aka the father of Chinese EV's) who had the vision.
Also whilst the video touched on high speed trains, it would have been good to also tie the development of the road networks but also subways. For those who lament that the Chinese gave up their bikes, well most didn't switch to cars and those who did do not use them for everything. You can use unbelievable subway systems, and also compared to rest of Asia, all scooters nearly are electric and have been for over 20 years (the other side of the EV market). And bikes are popular again but for leisure or as a last mile from the subway.
Also 3 more aspects of the overall grand design: first an actual great charging infrastructure not dependent upon carmakers. second, 15 minute city - as in cities are buit to be walkable and amenities to be reachable by foot.... and lastly, PHEVs because in rural areas high speed charging may be more diffiicult (and this is where EV makers like BYD do well. They can reach urban clients with full EVs and rural clients (so actually the chart numbers of BYD which some complain included PHEVs is kind spot on). in fact no one in China talks about EVs but NEVs. New energy vehicles because plug in hybrids are just as important.
The US and EU should have copied that type of framework (or come up with one that makes sense for them).... instead they want to try and stop Chinese carmakers... well we saw how successful that was in the 1980-2000's with the likes of Toyota, Hyundai etc.
Anyway, will also be interesting if the EU looks at the Chinese subsidies / advantages that Tesla but also ICE Eu carmakers got from China before taking actions against Chinese Evs....
The addition of car to China is no improvement, the city was better off without cars.
Nothing about the modern world confuses me more than people in the west being against the concept of EVs just…existing.
Like whatever, buy whatever car you want, but I’ve had people approach me while charging my car just to tell me that EVs suck and are just so much worse than a gas powered car.
Like…okay? My car works for me and I love it and I’m not going to debate with you about it. It was the same price as an equivalent used gas car and had fewer miles on it, and the battery was in good condition so I went for it and have zero regrets.
This is emblematic of an advantage to the Chinese system (there are many disadvantages, I’m not advocating here)…people in the west with financial interests can pollute the entire information landscape and hinder even the most basic forms of progress. In China, the party can set a goal and then the entire country shifts to hit it.
I think gas car vs EV car is less about China vs west but more like iPhone vs Android and Playstation vs XBOX, is just people chose a side then relentlessly bash the opposing side, like a sport.
I found this embarrassing to watch and distant myself from these people.
This is an incredibly well informed and balanced reporting.
I found it quite ironic that China is moving closer to be like the US while the US is moving closer to be like the old China.
Many people don’t realize that China now has a more open market than the US. Except in select industries like media, which China regards as essential to maintain social stability and coherence, most other markets are now open to free competition, foreign and domestic. In China, one can buy cars from all manufacturers, and cell phones from Apple Samsung and Huawei and other Chinese brands. But here in the US, anything Chinese is now considered a threat to US national security and must be banned. Chinese EV companies don’t even bother to come to the US market. As a result, here in the US we essentially only have Tesla when it comes to EV, Apple and Samsung when it comes to cell phone. On the contrary in China, one can buy any kind of EV cars or cell phones. I envy people’s choice there.
Few Westners understand what China had done when its door was closed.. it is okay for US to close its market to China as this is a protection for US busuness. However, whether US is able to resolve its domestic issues when its market is closed is questionable. US is just too divided...
As, CZcams, Facebook, Google and Twitter are forbidden in China, I don't blame U.S much. And most Chinese Cell phones (beside Huawei) are allowed to sell U.S. They choose not. Here is a quotation for Xiaomi "The primary reason for Xiaomi not selling its phones in the U.S. has to do with its business model. The Chinese brand has a 5% threshold on profits from hardware sales, and as a result, its phones deliver great value. While this strategy has allowed Xiaomi to undercut the likes of Samsung, Huawei, and others globally, it doesn't work in the carrier-dominated model followed in the U.S."
@@benchen2227they are not “forbidden”. You can access through VPN. Also saying they are forbidden is a misnomer. It’s more like those companies couldn’t agree with the terms the Chinese government imposed. Considering how much misinformation is out there against China (that they are “banned” is one of the brainwashing narrative out there and that’s a relatively minor one), they have reasons to worry. This is a lot about China’s concern on its sovereignty. If there’s no US propaganda, there would be less censorship from the China’s side. You need to think of it from the geopolitical lens. It’s what really drives countries’ actions. Research what happened to Libya and you would understand better.
@@benchen2227they choose not more like because they dosen't want to be targeted by the US goverment like Huawei.
您去过中国嘛，您对中国的了解在一个中国人看来太精辟了，😂事实上美国指责我们是共产主义国家到最后可能在讽刺自己，当然我支持中国完成产业升级GDP超越美国之后实行更加左倾的政策帮助低收入人群，希望更多人了解社会主义，接触新形社会主义，实现国家的繁荣
Tesla Might as well be considered a Chinese car company The build quality is on par with your average made in China products. Most EV owners do more than 15 minutes of research and buy almost anything but a Tesla. There are a lot more options than you make it seem in your video.
That's bcz it is
Tesla is basically Chinese
The last videos contained so much wrong data
Fascinating
Would love to see a video on the bike culture in china before car ownership took off, those streets were packed with bikers
It's like a 30 year-ago thing, wake up.
If you check the footage again, there is a cars banned sign on the street
I grew up on those streets packed with bikes, and a few buses, but that was before cars, subways, electric taxis, electric buses, and millions upon millions of electric scooters came along. So the bikes are gone, partially replaced by electric scooters, but many people also just take the subways, which have had explosive growth in the last 20 years.
They aren’t gone, just replaced with scooters.
Shared bike connected with smart phone. It’s also a saturated market to solve short distance traffic in China
I'm in Europe and bought a Chinese EV. The actual truth is they are no better or worse than our own domestic models but they are a lot cheaper.
What car?
False, the amount of stories of them burning out because the batteries and electronics are shoddy is mind blowing.
@@hurbrowns5397 An Atto 3.
@@matthewlipton2998: the BYD Atto 3 are entry-level EVs.. It's not that difficult to make "good enough" EVs -- China is fully capable of making "good-enough" EVs cheaply with their cheap "good enough" LFP batteries.
@@Janinex98the man owns one. You don’t. Don’t babble about what you don’t understand.
Actually China do pretty well on Internal Combustion engines and transmission box. But the competition in that area is too intense.
Low electricity prices have also played a role in boosting the popularity of electric vehicles in China. The electricity price of home charging piles at night is 0.38 yuan/KWH, or $1 to buy 20 KWH of electricity.
How many miles is 20 kwh?
@@ululukululu450 about 100km
@@ululukululu450For model3, more than 70 miles
Seems like the main takeaway is how bad cars are. 1/600 people get them, yet 1/2 of their cities land is devoted to car infrastructure. This is why we all need public transit.
Public transit is good in high density locations (China, Europe, etc.) but it become too expensive to maintain in low density locations like the US/Canada because of insufficient ridership to maintain a vast system. Not to mention cost of labor is high in US/Canada.
Just 5% of Americans ride public transit and that's probably clustered around their larger metros areas. But even denser places like San Francisco Bay struggle to get ridership especially after the pandemic. Public transit in the US is also increasingly dirty, dangerous and expensive.
The salvation for the US will be automated vehicles (AV) used as robotic taxis. AVs will provide door-to-door service so already beat public transit for things like groceries which are difficult on public transit. Door-to-door service keeps you dry in inclement weather.
Once AVs get good enough (I'd say within 5 years), we're finally going to see personal vehicle ownership start to drop in the US. The middle class are struggling and will realize soon enough that their personal vehicle sits parked 99.9% of the time while they pay registration fees, interest, insurance, maintenance, cleaning, fuel/energy costs. Personal car ownership is a financial boat anchor! All while taking up valuable space in their driveway/garage.
This is a _seismic_ shift for US and only AV can do it. Public transit has largely failed in the US and the economics of public transit are not going to change any time soon.
@@beyondfossilRequiring high density for public transit is a myth. Several cities and their suburbs that are nowadays synonymous with low density sprawl were only able to develop outwards due to the rolling out of suburban train and tram lines. In older cities such as Chicago, LA, Sydney and Melbourne low density suburban sprawl was only possible due to the short commute offered by the tram and train lines. These low density areas predate the motorway, and it is mainly the higher cost of maintaining car centric infrastructure that has made them financially unviable.
@@beyondfossilthis is just more Merikan exceptionalism, you lot just think you're too good to use public transport, have "invested" to much into stroads and multi multi lane highways to bother spending anything on public transport.
@@metricstormtrooperwhy are you so angered buy Americans preferring the individualist nature of the automobile?
@@zeyu8 High density would only help a public transit. Because every mile of service costs a certain amount so its better to have more potential customers in those miles.
Every major American public transit agency operates at a loss. I'm not talking about "profit" but that would be a bonus. I'm talking about self-sustainability which _every_ government agency must strive for.
So American public transit agencies need a constant supply of tax payer *subsidies* to continue to operate. This includes public transit systems already in high density areas of the US!
The only public transit agencies that support themselves are found in Asia. Only LA and NY cities of N. America even come close to population densities of Asian cities. Furthermore, N. America fell into the trap of sub-urban planning further exacerbating low density.
Moreover, public transit subways and rail are especially expensive per mile. Worse is that trackway can only be used by rail cars. Whereas public roads can be shared by everyone and provide multi-modal transport (buses, personal vehicles, trucks, bicyclists, scooters, pedestrians). Hence AVs provide better utilization of existing resources where funds and multiple local agency resources can be focused not segregated.
Just to be clear, I'm _definitely_ all for getting people away from personal vehicles and the problems they create like parking, congestion, negative effects on personal finances, etc. But for N. America, the only way that is possible is via a new technology called AVs that disrupt the old system that clearly does not work in the large picture. Decades of highly quantifiable evidence shows public transit in N. America has failed its promise.
As always, your coverage of Chinese topics is exceptional. I can attest to the fact that as someone with family in China, the license plates are 100% the biggest factor and to this day still is
You could dive into the charging infrastructure too if you have time, like how the fast charging works on highways for different manufacturers
Plates policy or high cost is more important in major cities. I live in a tier 3-4 city in China where normal plates are still cheap to get and valid to use all the time. Still, I saw a trend of EVs. People are more interested in the car price, fuel cost, design (those small EVs are just super for buying groceries, picking up kids...), etc...But of course, without the transition in bigger cities, the EV price will never fall to the level which is affordable to more people.
As a Chinese, I have to say, the license plate is not the biggest factor. Except for the four major first-tier cities and a few second-tier cities, there are no license plate issues or traffic restrictions in the rest of China.
And most of his points were wrong
Why is it the case that EVs require more and lower skilled labour than ICE vehicles? I'd very much appreciate if anyone can explain! Thank you!
the US owner also expects the car to last... and last... and last.
You don't much address the strengths and weaknesses of how to charge an electric vehicle in China but solid coverage otherwise. EDIT: And to clarify for deleted reply guy I'm quite aware. I live in China. I think charging here is not as clustered as it gets made out to be, that was my point. It's mostly more than enough coverage except for national holidays, which is sadly the time of the greatest degree of car travel.
Why didn’t I see your latest videos on my rec page?
general information are correct, some details are not accurate. whether intentional or because of poor research.
Irrelevant to the video but wanted to give Ground News another shout, they're absolutely incredible.
It's ironic they supported a video that is obviously full of CCP propaganda.
Good video! It would be nice if you could include metric units for your graphs in the future though. You could have American units on one side and metric units on the other.
Did they leave the batteries in them?
It is rather a bias report. If they are just propped up failures than how come European and USA worried about their competitiveness?
Would love a new, safe and dependable vehicle that cost $10,000 or less.
Safe and dependable they are not
No way
Wuling Honguang and BYD Seagull.
@@bathong188based on nothing but racism
Even better, I'd like my city to build enough transit that I don't feel obligated to shell out for a new car at all
1. Why did collabing with foreign brands didn't work for China but made it more dependent?
2. Why did Tesla make so much on credits and others didn't?
3. How did Telsa get to setup such a huge facility workout having to go a joint venture with the local companies?
Great video btw!
1. Perhaps not 100% dependent, but if Chinese automakers are trying to build the SAME kind of cars as foreign companies, even forcing their foreign carmakers to form joint ventures still means the Chinese carmakers must learn and try to catch up with the western/Japanese carmakers which have decades more experience. Eventually you can catch up, and I think to some extent a lot of the mainstream Chinese ICE cars have caught up, but it is difficult to get ahead. Plus ICE cars need to be replaced by EVs soon anyway. So the government decided to invest in EVs, which is a more level playing field, where Chinese carmakers were not that much behind western automakers, and they can take advantage of China's strength in manufacturing and supply chains to leapfrog western automakers.
2. Tesla only makes BEVs, while all other carmakers, even BYD in its early days, are transitioning from ICE to BEV, therefore at the beginning, everyone needed to buy some credits, while Tesla has all the credits it didn't need since it doesn't make any ICE cars to begin with.
3. As the video mentions, China's previous policy is one of protectionism. If a foreign automaker wants to set up shop in China, it needs to set up a 50:50 joint venture with a Chinese carmaker. So in return for decades of access and revenue from selling cars in the giant Chinese market, the foreign automaker in return must share that revenue and do technology transfer as well. In recent years, the Chinese central government decided to reverse course and allow foreign automakers to fully independently set up shop in China, and I guess they felt there are now too many domestic automakers for even a market as large as China to support, and China's underlying auto manufacturing (and also crucially lithium battery supply chain) is now world class and set up, so let the free market rip. Tesla is now here with access to China's auto supply chain, and all you 200 other domestic companies have that same access. You all fight it out and the cream will rise to the top. Those companies which are well managed and invested wisely between R&D versus production will do better, while the poorly managed companies will fail and be weeded out. This very quickly produced results since companies like BYD, GAC, Geely, SGMW, and Li Auto have made great strides, while other Chinese carmakers as well as many foreign joint ventures, especially the Japanese ones, are now doing poorly. Basically whoever can pivot to EVs and go head to head against an independent Tesla is prospering, while others will end up losers.
Tesla was obligated to source nearly all parts locally, creating a massive supplier network in China worth in billions. Automobile is not like phone industry, it requires far more components in its supply chain, and a successful auto industry is absolutely massive.
Also, a shady tradition in China is that they offer very cheap manufacturing, but beware that it only takes a bunch of important engineers bought by them, they will start a business similarly. You can not both cut cost and keep confidentiality at the same time. Former Tesla employees played a crucial part in the development of Chinese EV industry.
Long story short Elon Musk needed the China factory. The CCP gave him an offer he cannot refuse.
@karlk7070 You speak as if Tesla CREATED the EV automotive supply chain in China, in 2020, all by itself, just by opening a plant there, when in fact the opposite is true. If Tesla wants to scale EV production to high enough levels AND make a profit too, that rickety old ex-Toyota factory they converted in Fremont connected to a nearly nonexistent American EV value chain ain't gonna do it. The ONLY place Tesla can scale EVs rapidly is in China because by the late 2010s when Tesla signed on to build the Shanghai Gigafactory, such an EV supply chain ALREADY existed in China. A supply chain that ANY automaker who builds EVs in China can take advantage of, which is why Tesla's share of the Chinese EV market never got above 30% or so, and soon dropped down to the 10% share they have right now.
The only thing the Chinese can do is copy and sell for cheaper? So all those BYD blade cell batteries and CATL prismatic cell batteries were invented by Tesla, stolen by CATL and BYD, and now Tesla is forced to buy them to put in their cars? Or is it because lithium battery supply was, and still is, a major bottleneck in manufacturing EVs in mass volume, and the ONLY place a company like Tesla who wants to ramp production ASAP and needs every cell it can get its hands on is to go build their cars in China, which had already spent a decade building up its lithium battery production supply chain.
Same goes for the rest of the automotive supply chain not specifically related to the EV battery and drivetrain. One in every three cars in the entire world is made in China, and China produced three times as many cars as the number two auto producing nation, the US. With those economies of scale, it means every other part of a car can be produced cheaper in China, which has been true for years, and has nothing to do with Tesla coming into China. Again it has everything to do with Tesla wanting to take advantage of a massive already existing supply chain, not creating one out of thin air because those stupid Chinese people know nothing about making cars even though they literally produce one third of all cars made on earth.
If the Chinese government was so concerned about Tesla monopolizing the Chinese EV market, they could have insisted Tesla do the same thing that ever foreign automaker was forced to do in China, form a joint venture with a domestic Chinese company is they wanted to build cars in China. But they didn't, and allowed Tesla full ownership of its Chinese operations, because by the late 2010s, the Chinese policy makers had enough confidence that their domestic automakers now have enough experience and know-how to compete by themselves, which has proven to be true as we see companies like BYD, Geely, Li Auto, GAC, SAIC, Changan etc continue to grab marketshare in recent years.
In fact the situation has gotten so dire that now it is the western automakers who are investing in Chinese automakers to gain CHINESE EV tech and platforms, w with MAJOR global players like VW and Stellantis spending billions just to gain a minority share in 2nd/3rd tier poor preforming Chinese carmakers like Xpeng and Leapmotor, mainly because even the failing Chinese EV makes now have superior EV tech than what VW or Stellanris can build themselves.
Thats a smart way to get Ev on the road
Along with keeping the pollution down.
TY for not producing a bash China propaganda video. Its so hard to look for objective news on China these days.
I just got back from China. I was blown away by the pace of EV adoption of Chinese EV brands. Get ready for the Chinese EV to dominate the world market.
I mean that is why the EU is going to create tariffs on them, because those prices are dumping. It is not fair competition, so the EU will stop the dumpling of Chinese EVs if Germany would stop standing in the way. God daumn it, always Germany. -_- ow no we can't do something bad to Putin (Germany) ow no we can't be so harsh on the cultural genocide in Xinjiang (Germany) ow no we can't protect against obvious dumping by China because then China might use that to restrict German car companies in China (Germany). ---___--- remember how they refused to send weapons to Ukraine? God daumn stupid MFer.
Hahahahahahahaha, that’s hilarious! How can they dominate when their EVs keep catching fire and exploding?
Uh oh, your comment wasn't negative enough about China! Don't worry, I've sent my young apprentice Padawan Johnson to deal with you.
He's still young and inexperienced but he's delusional enough to make a great keyboard warrior.
It will not. Both US and Europe will use all means to block it, no democracy, child labor, Xin Jiang, etc.
I am laughing at all the pathetic people seething because of some positive about China.
I want to add people's complaints about BYD. The mistakes on that assumption also reflects on the EV exports. Here in the Philippines, we don't have much infrastructure to support EV vehicles and the push to support it is extremely slow. It doesn't make sense that we are included in the EV exports graph.
@EmilOsena You dont need the infrastructure. You can just charge at home
@@yerri5567 You may say that but you are restricting the range where you can travel with your EV car or worse, the places you frequently go to don't have an EV charger so your max travel distance is further reduced if you are going with that idea. That's not viable here where there's a lot of people who need to travel outside the city nowadays.
I expect the numbers here would be a lot lower than what was initially reported but having at least a hundred thousand in the country for the whole 2022 is strange for me.
@@EmilOsena If youre charging at home everyday, how are you restricting the range? Batteries will be 100% by the time you wake up the next day.
@@yerri5567 You didn't get what I was saying. Here's a scenario for you to understand.
Let's say you only charge your car at your home. Your average traveled distance per day is 100km and you use 75 percent of the battery capacity to go where you want to go and get home.
Now you have to go a bit more farther than usual and you expect that your travel distance for that day is 200km, then you have to find a charging station on your journey or you'll not be able to get home.
You get what I'm saying now? I didn't even add that rechargeable batteries degrade over time or depending on the car manufacturer, set limits to prevent you from absolutely using 100 percent of the battery and such.
@@EmilOsena 75% of battery to get only 100km? I dont know what car youre on about but the average range of a fully charged EV is about 400km. Even the entry level EVs have a range of at least 300km, not 133km as youre suggesting. Even as batteries degrade over time itll be nowhere near 133km. So not sure what youre on about there
12:55 That survey is a bit laughable. Many ICE vehicles struggle to do over 500 miles without stopping (ignoring the human factor needing to stop before then).
A 2021 survey showed two thirds of americans thought 300 miles was adequate (about 500 kms, so maybe a units error here?). DC Fast charging is already quick, and getting faster with each evolution of batteries.
3:38 "to this day, more of its citizens die of pollution each year than live in Hawaii"? But how many Chinese citizens live in Hawaii?
Worse than government trying to regulate economy is that government trying to regulate economy and then suddenly drop it.
Well they succeeded using that tactics in solar and wind industry. They are just trying to copy and paste that idea.
@@najibyarzerachic Solar and wind was about ecology, not economy.
@@XOPOIIIOsame thing in achieving a similar end result