Combustion Car sales crash in China as EVs break records in April
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- čas přidán 11. 05. 2024
- Combustion Car sales crash in China as EVs break records in April
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We've lived w/an EV for 5 years now and can't wait to give up our hybrid(Prius) because we are tired of putting gas in it, oil changes, spark plugs....yada yada every few thousand miles. The only thing we had to have changed in our EV was THE INTERIOR HEPA FILTER and wiper blades after 50,000 miles and it was supposed to be 30,000.
Thanks for this info. Definitely be doing EV next and not PHEV 😊
We have to do an alignment and once in awhile bleed the brakes. Our windshield wipers actually have lasted 6 years, but we ceramic coat the windshield, which we suspect is the real reason they've lasted that long. It's sad that so many people are brainwashed by all the disinformation. EVs, at least from Tesla, are so easy. Updates come over the air, the cars keep getting better, we only have 8% battery degradation after 6 years and we've had suboptimal charging practices. These things are so much better than the crappy polluting ICE vehicles that it's not even funny.
What's the resale value on the EV vs an equivalent age Prius? For many EV's the dollars saved on servicing and fuel are more than offset through depreciation and insurance. How is the battery health now? What is the replacement cost of the battery in comparison to the car?
Once the 1000 km battery happens, PHEVs will be irrelevant.
So now your ev is 5 years old. What's the battery life like?. If you want to trade it in on a new ev what will they give you for your old car? Will you have to spend 50 to 60 grand for a new car after 5 to 10 years?
I have a 2007 Toyota Tacoma truck. I paid 16000 for it 9 years ago. I have put 100k kms on it. Its worth 18000 now. I would like to see the trade in value of your ev after 16 years....
And in the meanwhile, EV sales collapsed in Europe.
If you exclude Tesla, sales are up. I think the overall impact is due to a realignment of vehicle preference and long-term sales will be up.
Why cherry pick? Sales are up globally.
China is reducing its petrodollar dependency. The US miscalculated the petrodollar trap after the adoption of EVs.Never expected China will move to EVs so fast.
China has duped the world to think they are moving to net zero by 2060 instead it will be 2040
Importing fossil fuels for China is money lost forever. They will dominate renewable energy like with EV's and eventually tech and AI. We should not snooze nor fight the future to save legacy industries that have no future in the 21st century
China attacked the Petrodollar directly by setting deals to purchase oil in different currencies too (mainly its own Renminbi, which it already uses for buying oil from Russia and Saudi Arabia).
China is not only reducing its petrodollar dependence, China is tackling its severe urban air pollution problem which is mostly due to ICEV emissions.
The US miscalculated in what manner exactly? Their economy is doing better than China and European economies for the last several years.
It is equally as impressive how slowly the U.S. is adopting EVs.
Agreed but Japan is far worse. Just got back from Tokyo and only saw one Tesla and a couple of other brands. I only saw two charging points. One near a main station and the other in a Freeway services area. Each one only had two chargers !
@@peterjones6322Japan is ICE dominated, because of the companies that had slept well in the past decade and the whole market is in ICEs.
That could be a big problem for the nation, if the whole car industry will fall behind in a few years.
Toyota's Bz4x and Lexus Pendant are the worst high price EVs, which aren't worth the lots of money.
@@peterjones6322 the Japanese are not stupid like Westerners.
Equally impressive is how gas cars are still outselling EVs and they always will, because people who are realistic about their cars do not want an EV and it will never fit their needs and lifestyle.
And no amount of bitching from the governments will force people to buy one. The infrastructure is not there, and the governments are too slow to focus on building it. Because they want their money from gas companies so they will restrict EVs.
Shows how strong the fed narrative is funded by Oil & Gas!!
Real Vikings wouldn't be caught dead in an EV.
Totally true , a purring motor that runs from a substance that the earth produces is something I loved falling asleep in the back of my parents car while I was very young ( driving from perth to Darwin )
Such a clear and logically reasoned argument. You a Genius!
Yeah, right. That'll convince everyone to keep paying for petrol and keep polluting the air.
@@aperitifs That was tire noise. And hopefully you gave up your teddy bear.
2030 - 95% BEVs globally. And: let's not forget all the electric cargo trikes Asians are already using now. Electric trains, trucks, busses, construction machines, motorbikes, bikes, scooters adds to the increased mobility of Asian people.
The disruption in western Europe and the USA will be like a wave that seems shallow...but turns out to me. Immense when it reaches the shore.
Outside the US maybe. The US has a terrible stubbornness. It also will resist anything foreign. Until GM and Ford fail or switch, the US will lag behind far superior Chinese cars.
@@charlesminckler2978 superior? Surely you jest!
@@charlesminckler2978 Good thing the #1 EV company in the world, is American.
@@14lou What century are you living in????
wrg
The RAM/Jeep dealer’s lot in rural Nova Scotia is overflowing. Pickup labelled 25% off! No buyers.
Hello fellow Nova Scotian!
It's going to be interesting when the dealer desperation starts kicking into high gear.
A friend got a great deal on a brand new, year old F-150 platinum recently.
@@jeffl4810 This means the obsolete petrol Ford F-150 will be worth a lot less in 24 months time.
Well to be fair, 25% off of $116,000 isn't going to appeal to many buyers.
And when you add the fact some of these trucks have been in the lots for 2 years and are now starting to suffer lot rot, prices of a long way to fall before people will start buying these vehicles.
Finally the insurance rates on these vehicles is very high.
@@macmcleod1188 A car which has been sitting idle for 2 bloody years at the dealer lot are not worth buying at all. My God, there is no comeback for petrol cars. The petrol car market will collapse worldwide in the next 2 years. Consumers who recently bought expensive and large petrol cars are in a bind. These cars will have no real value.
That's cuz ppl in Nova Scotia can't afford 80k truck on a 60k(pretty good in NS) salary duh
It is amazing or unreal every time I went back to China in recent years, the quality of roads, fancy service stations, massive rapid charging stations, green number plates on the roads, the quiet of traffic, like in Shenzhen, there seems an invisible sound barrier between you and the traffic, absolutely unreal. Now the low attitude eVTOL start commercial route two weeks ago, no pilot, fully automatic low noise and comfort, just out of imagination. The speed of rolling out new models is way faster then we can approve them on the roads.
In 1990, California passed a law requiring 10% zero emission vehicles by 2003 (which was 21 years ago). There are now 31.3 million cars registered in California. The number of plug-in electric cars registered in the state in the past 10 years is 1.7 million. That's 1 in 20, or 5% and California is the state with the highest EV adoption rate ... by a HUGE margin.
"So far, the increased market share for electric vehicles means California is moving toward hitting its goals: Electric vehicles in California made up 25% of the new car market last year, up from nearly 19% in 2022.Feb 1, 2024"
Google the text to verify it.
The goal is based on new car sales inside California borders, not on the existing fleet.
And the requirement for a new car sales Rises to 35% in 2026
Cali also has BYD electric bus mfg plant
The only at that time was the general motors ev1 and it was forcibly removed by general motors itself,of course there was the Toyota rev4 which was also forcibly removed from active use by Toyota.
You seem to be proud of quoting numbers. Well, here's a question for you At the current take-up rate, and factoring in the Cali mandates, how many yrs would it take to replace ALL the vehicles currently in the state to 100 percent EV'S.
Of you go. Ps I have done the calculation 😊😊
@@robertfonovic3551 Why would the take up rate stay constant? Plus the mandate is for NEW SOLD not on the road .
Go to south east Asia, countries like Thailand and Indonesia. There are no rules against ICE cars, and EV charging stations are not as pervasive as in China. Yet there you can see sales of ICE cars tanking, but sales of EVs are surging. Brands like Tesla, BYD, and other Chinese brands are out selling all brands of ICE cars.
SEA is in a transition from ice to EV , just like the cellpphone to smartphone era.
If that's true then it's a super positive sign
Can't speak for Thailand but your Indonesia claims are 100% false. ICE car sales in Indonesia continue to be stable & many times multiple over EV car sales, which has just begun being introduced to the masses, in just a few of the big cities & in just the last couple of years, led mainly by Wuling's Air EV (introduced in 2022 & leader in EV sales) & Hyundai's Ioniq 5 (also launched in 2022 & helped made EV's popular).
Teslas are very rare as they are only sold via 1 luxury car importer (no official dealerships or direct sales in Indonesia) & their cars are very expensive. BYD just started selling this year & no cars have even been delivered to customers yet.
The other Chinese brands that just started selling EV's are Chery & Neta. Indonesia new car sales are a little over 1 million units in 2023 & EV's made up less than 20,000 units (so EV's were less than 2% of all new vehicle sales).
On what basis & data sources were your claims based on?
@@mjcamp01 Can't speak for Thailand, but this person's claims for Indonesia are 100% false; you can read my reply directly to his/her post. Although I'm personally excited for EV's, misinformation & lies doesn't help anyone.
@@morbid747 While I'm excited for EV's, they are just being introduced in Indonesia & priced significantly higher than their equivalent ICE counterparts. Hopefully they will take off eventually & reduce the horrible air pollution in big cities like Jakarta but, unless there's price parity, transition will be a lot slower than the Nokia to iPhone & Android phones timeframe.
I'm in Australia and ordered the 2024 model 3 performance on the day it was available to order, it won't be delivered for months though but I'm sick of fuel prices going up up up
And you don't think the same will happen to electricity the more people switch? It's already double the price of gasoline in some countries if you make longer trips and you need to use public chargers.
@@sirbum1918 iv solar and haven't had a bill in years
@@stevesute You would need at least 12 solar (300W each) panels and then storage so if you have the space go ahead, but you are part of a small minority if you can do this.
@@sirbum1918 I bought a 6.6kw system a few years ago, over here it cost about $3000
@@sirbum1918energy will be getting cheaper when transforming to regenerative energy. You don't have to burn expensive gas, coal or oil and also raise CO2 pollution, instead of using wind, solar, water or biogas, which IS cheaper and don't pollute additional CO2 to the environment.
Time waits for no one. You snooze, you lose.
Kodak! Blockbuster! Sears! Toyota! VW! Honda! GM! BMW!
Sam has some serious problems with reading comprehension. The Reuters articles, "China's car exports hit record high in April, as domestic sales fall" tells a different story than Sam. At 2:20 Sam said 60% of NEV sales were fully electric, but the article says, "EV sales are still far slower than those of plug-in hybrids (PHEVs).' and "EV sales quickened to 12.1% in April from 10.5% in March, while PHEV sales jumped 64.2% against a rise of 75.4% in March." This is only 28% of total NEV sales. At, 4:45, Sam says EV sales have grown 64% year-on-year in China. The only mention of 64% in the article is the aforementioned monthly sales of PHEVs. The only longer term EV trend mentioned in the article is "Mediocre EV sales versus growing bets on an all-electric future underscore slowing demand in China despite a protracted price war that has drawn in more than 40 brands."
wrrr
@@dzcav3 Sam also doesnt know the difference between the units of Watts, and Watt-hours
They not only snoozed and continue to lose, I suspect there is more. I suspect that there has been a conspiracy led by Toyoda roping in other Japanese OEM's as well as manufactures in Europe and the US. Add in dealerships, advertisers and of course the fossil fuel industry. Five words may have caused this "Fuel cell is fool's cell". South Korea seems to have been the first to decide not to fall on the sword just because of a lost of face.
Viking, you need to move away from the trap and calling hybrids different than "combustion* vehicles. As long as a car has an engine in it, it is a combustion vehicle. An ICE vehicle. That's exactly what hybrids are.
Yeah but by lumping them in with BEVs makes the figures look better.
Companies like BYD don't break them out, so it's confusing.
@@jamesvandamme7786
This is not confusing, because the sales of PHEV are rising rapidly.
@@jamesvandamme7786 Sam has some serious problems with reading comprehension. The Reuters articles, "China's car exports hit record high in April, as domestic sales fall" tells a different story than Sam. At 2:20 Sam said 60% of NEV sales were fully electric, but the article says, "EV sales are still far slower than those of plug-in hybrids (PHEVs).' and "EV sales quickened to 12.1% in April from 10.5% in March, while PHEV sales jumped 64.2% against a rise of 75.4% in March." This is only 28% of total NEV sales. At, 4:45, Sam says EV sales have grown 64% year-on-year in China. The only mention of 64% in the article is the aforementioned monthly sales of PHEVs. The only longer term EV trend mentioned in the article is "Mediocre EV sales versus growing bets on an all-electric future underscore slowing demand in China despite a protracted price war that has drawn in more than 40 brands."
Regarding BYD, the article says, "The PHEV segment, which has grown faster since 2022, drives the success of domestic giant BYD, making up 57% of the company's car sales in April."
I agree : this is why I stopped the video after 20 secondes. RED LINE
Here in the US the corporate news is telling the reverse (ie) that the EV's are not selling.
Well I've owned a Tesla model Y performance for just over a year now and can't fault it and the over the air updates are un real ,,will never buy another Ice car ,,
A motor mechanic in the us has been awarded a 75 million dollar compensation payment,proving benzene caused his cancer.
Wait till we see the first cases of lithium, or cobalt cancer....
And your point is?
@@chrissmith2114 E-Smog!
@@chrissmith2114 mate, Lithium is used to treat bipolar disease. Mechanics don't come into contact with it when working on EVs anyway. It's packed away in the battery cells. ICE mechanics get benzene, and don't forget asbestos from break pads. Tesla break pads should last 20 years with regen braking. Fact is, lithium is being considered as a treatment of cancer. www.ncbi.nlm.nih.gov/pmc/articles/PMC9954674/
EV adoption by itself is not the biggest disruption. It is the electricity going to those EVs that is important. We hit a 30% energy production by renewables this year. It will be over 90% by 2030 and that is the real disruption.
Its becoming apparent that we have all underestimated solar for a start.
China has the best hydro, wind, solar, nuclear power generation technology
90% of Chinese electricity is generated with coal, and they continue to build more coal stations.... They may be 'reducing oil dependency' ( because China has no oil ) but they are not reducing their use of dirt coal ( which China has a huge amount of ).....
EVS run on coal fired power.
@@chrissmith2114Please stop your hypocritical lies and rumors
Only because the government over there heavily subsidises their own cars, as well as put barriers in the way of imported cars, not to mention their influence over the population and what they can and can't do. In most real economies EV sales are in decline, or growing at a snail's pace. Sure, there's a few, like Norway, but they're an outlier. In New Zealand, EV sales have tanked to about 7% of new vehicle sales.
That's just "Tech bro" talk. Meanwhile, Toyota records very high profits, and Chinese companies are burning their government money.
the fact is people cannot register an ICE car in major cities without going through many steps and paying a lot extra compared to EV
If you could see what comes out of a tailpipe, it wouldn’t be allowed in the first place. I was in London a couple of years ago doing a course and I went out for some fresh air. Then I went back in again for some fresh air.
Then don’t register it in a major city. Register it in a small one.
So does nobody care that the colbalt and lithium used to make the battery is mined by slaves.... and where does the power come from Cole power plants there is nothing green about it... it's a scam brought to you by the rich and the corrupt government and corporations they represent..... the road to hell is paved with good intentions.... you fools
@@kevinW826 DuH, they mean you can't use it in the city without registration there.
Gudday mate stoked production ty for ur time
China April car sales were 2.36 million ,which was up 9.3% vs April 2023.
First four months of 2024 saw sales of 9.079 million cars , which was up by 10.2 % vs first four months of 2023.
2.94 million , or 32.4 % were 'new energy vehicles'.
Meanwhile , manufacturers outside China are all experiencing 'waning demand' for EV's.
In Australia , EV sales declined by 5.1% in April , to only 6.4% of the market.
Even if they were half the current price , most people simply do not want one.
Hey Viking bro! Your predictions are pretty good in the last few years❤
LOL!!!!
We just got our Tesla MY 6 months back best car we charge after 12 am we haven't noticed any electric bill increase. EV is the future never getting ice vehicle
ok.... LMAO!
EV is a dead end. Have fun with your thermal runaway!
I'm sure the slaves that are forced to mine colbalt and lithium are happy to hear that you are saving so much money....
@@markmiller8903 another EV hater fantasy. There is more chance your ICE car will explode in your driveway and burn your house down.
@@jamesrobbins8938 no cobalt in an LFP battery. And most global lithium is mined in Australia. But the lobby groups that produced the talking points you use are grateful for your service.
In China, a gasoline car costs 70 yuan for 100 kilometers, an electric car only costs about a dozen yuan, and charging at night only costs a few yuan, so the sales of gasoline cars will become less and less.
80% of Chinese electricity is generated from .... "thermal" sources - i.e. coal!! This is undoubtedly a huge win for people who care about the environment....
@@RodneyWbecause electric motors are much more efficient that gasoline engine, they emit less pollution. When solar and other renewable energy take over the generation of electricity one day, EV fit in very well with the carbon neutral policy.
@@RodneyWfor now but not for long just like with their EV domination they will dominate renewable energy
@@RodneyW For the time being, China's also invested heavily in sodium battery storage and when that becomes reality, all the problems associated with the lack of renewable energy off peak periods, coal based energy will only be used for backup.
@@RodneyW
Compared with ICE vehicle, the air pollution of modern coal-fired power plants is almost negligible.
On the other hand, the number of green energy power plants in China is also increasing rapidly.
Honda blew it with Acura.
Let’s see if they wake up
Huh????
Stay on hydrogen
Theres no savings in electric vehicles.
Battery replacement costs to much
Phew, Lucky you don't have to replace them then XD
I’m driving my 10yo ICE Benz into the ground with the expectation that I’ll be buying he BYD Seal, in 2026, hopefully when larger capacity faster charging batteries are the norm.
270 to 315 miles are happening today and 10 minutes for 170 miles or you charge at your home or apartment!!
It’ll take more than 10 years to run your Merc’ into the ground. The bloke 2 streets up is still driving his 1965 220 SE. Beautiful thing. Don’t buy a Seal mate, in fact don’t buy anything built in China. You will regret it, appalling quality control. Go for a full US or European build EV with no Chinese battery.
@@MrPropanePeteCram work
why do you need a bigger and heavier batterypack, if you don't need the capacity daily?
To be honest, how many people drive more than 300 Kilometers daily?
Most of the people drive 300 Km a week, so it's about to charge the EV once a week,
or after about 3hrs of driving on vacation or road trips, to use this 30 Mins DC charging stop to rest, take a short meal or visit the toilet.
So I guess we are just going to pretend that colbalt and lithium used to make the batteries are not mined by slaves.... and where does the power come from Cole power plants there is nothing green about it... it's a scam brought to you by the rich and the corrupt government and corporations they represent...
And yet China year on year oil n gas consumption increase is 5%…EVs are great I have one, but where is the evidence they’re destroying demand for oil n gas?
Shell themselves said in 2018 that peak oil demand had passed, and the figures have since shown a steady, measurable decline in demand.....
@@Brian-om2hhShell were wrong.
I just checked numerous statistical sites. Oil demand and supply has been INCREASING yearly since they started pumping it out of the ground. This will not change.
@@Brian-om2hh They are wrong. Decrease in oil demand is a while away.
China uses colbalt and lithium that is mined by slaves in Africa but nobody seems to care 🧐
when ICE market crashes in China, the effect will be felt world wide cause the overall cost of ICE will then go up.
the gap between ICE and EV will widen in favour of EV.
What's missing in this video is what the insurance companies are doing when EV get into an accident as most of the time they simply total the car out instead of fixing it. What this is leading to is a pile up of EV's in junk yards and people are starting to notice this which is why EV sales are starting to take a dip. Who can afford to keep buy car after car when someone rear ends you or you get in some sort of seemingly minor accident that causes the car to be totaled by the insurance companies? As time goes on I think something totally different is going to rise above all of these as this something does something all these others do not which is put the individual in full control of their own energy needs.
That's why BYD has built its own insurrance company in China.
Not true. My car was rear ended. Fixed in 1 week. Not written off.
But EVs are piling up all around europe as dealerscould not even giveit away. 😂
In South Africa, a market of 500K car sales annually, dealerships of Legacy Auto are closing one after the other. They been taken over by Korean and Chinese car manufacturers. So sad to see this play out because the good thing about the American auto manufacturers is that they open factories and manufacture locally and thus create many many thousands of jobs
The US companies opened more factories than Japan, Korea and EU?
So I guess we are going to pretend that colbalt and lithium are not mined by slaves....in Africa..... and where does the power come from Cole power plants there is nothing green about it... it's a scam brought to you by the corrupt government and corporations they represent...
@@100c0c All because of the tariffs...
@@brilanto You man SA tarrifed car imports from the US?
Yeah, all car imports have 25% tarrif as far as I know
Isn’t much of the growth of electric cars in China caused by rules blocking the purchase of ICE cars?
that happens, when you are serious that pollution from cars makes the people ill.
In some countries the people gets this knowledge earlier in others a bit later.
ICE cars are at its highest peak.
From now on their share in traffic will lower every year.
只有少数城市，这些城市十几年前就在控制城市里的汽车数量，通过汽车牌照或者限行
It is a natural choice for the customers when oil price is so high.
My reading of the article is that of the 43.5% sales that are NEV, the majority are PHEV, with "pure" EV's comprising only 12.1% of total sales.
Furthermore NEV sales also declined in April 2024 (compared to March), and while the percentage of new sales is a record for NEV's, the actual volume of NEV's sold was well short of any record.
The real China story is in the export market....
I guess this proves that you didn't get a PhD in statistics
China's PHEV sales are growing faster than BEV sales, but BEVs still sell more.
From the data I've seen that seems to be because a good PHEV from a Chinese brand is now not only cheaper than the corresponding BEV, but even cheaper than the corresponding ICE car from foreign brands - so a lot of buyers that intended to purchase an ICE car are bringing home a PHEV instead. After all, with PHEVs now cheaper than ICE cars, it means the very last advantage that ICE cars had over PHEVs is lost.
@@douglaswatt1582 Sam has some serious problems with reading comprehension. The Reuters articles, "China's car exports hit record high in April, as domestic sales fall" tells a different story than Sam. At 2:20 Sam said 60% of NEV sales were fully electric, but the article says, "EV sales are still far slower than those of plug-in hybrids (PHEVs).' and "EV sales quickened to 12.1% in April from 10.5% in March, while PHEV sales jumped 64.2% against a rise of 75.4% in March." This is only 28% of total NEV sales. At, 4:45, Sam says EV sales have grown 64% year-on-year in China. The only mention of 64% in the article is the aforementioned monthly sales of PHEVs. The only longer term EV trend mentioned in the article is "Mediocre EV sales versus growing bets on an all-electric future underscore slowing demand in China despite a protracted price war that has drawn in more than 40 brands."
@@douglaswatt1582 I guess this proves that you didn't graduate primary school reading.
@@RodneyW wr
The next two years will expose/prove the disruption Tony has predicted. The big question is: What will "the powers that shouldn't be" do to stay in power? What exciting times!
The new TESLA Model Y Long Range RWD version is now more efficient with its range now 320 miles, according to Tesla. Range anxiety is now a thing of the past. How often does anyone drive more than 320 miles without taking a necessary biological recharge of their own, one long enough to further charge their Tesla, if they desire? Never?
You said we could not trust Reuters?
If Australians drove on the right side of the road, there would be more EV models of cars available and cheaper.
Is it possible to explain how they charge all those electric cars in China? I have been driving an ID4 for 3 years and every time I travel I notice that the existing charging stations are insufficient, if I now I read that in certain cities in the Netherlands the charging stations are closed at certain times, then I wonder how they do that in China?
Cheers mate
Sam, i don't remember the exact title but in the 60's one of the many Robert A. Heinlein sifi books I read had the main character in a conversation with an auto worker about "big Eisenhower" cars being built and then scraped and recycled to start the process all over again. No one was buying them but if they stopped building them it would cause economic havoc for the workers. The fact the manufacturer was losing money didn't matter. And now thru EV's it appears that's beginning to happen for real, at least in China. Unbelievable! Cheers
BS. ICE sales up 25 percent. Hybids up 85 percent. BEVS up 20 percent. Source is Statista.
And the slaves that are forced to mine colbalt and lithium nobody cares....100 percent
Most likely this is also due to manufacturers going to NEVs all together, so the car you like most likely has only a hybrid powertrain, so it is also very likely is not by choice
There are 420 million cars in China. As of Dec 2023, there are 20.4 million plug-in cars. That's 4.8% (1 in 20) ... just slightly less than California. See below.
US has 240 million car , only 2 million plug in what u smc?
without major government intervention in America, there is a major bloodbath coming to the entire US auto industry, the US consumer is running on fumes when it comes to a lot of major purchase's, and at the top of that list is vehicle's. unless something drastically changs there is going to be a major uptick in dealership closures, in the not to distant future. ✌
I absolutely could not agree more. The consumer is absolutely flat broke and can't take on any more debt,combined with banks that can no longer lend for people to buy
It's already happening. The industry is totally disconnected from the reality of the average person
I just wish you would give a balanced view ..... you make it look like it's all perfect and it clearly isn't .... so I cannot trust your point of view!
Sam, what disruption? I am here in Guangzhou China and the disruption happened already. I see mainly EVs. Even trucks and buses are EV. I did see a stinky Nissan. A few noisy VW. I see a lot of Geely and lots of other silent cars. I am in EV wonderland. Really cool! I hope the rest of the world can catch up.
Was is you that said lithium is about 66$/kWh now and the sodium batteries could cut that to the 40s?
If we say a 50kWh pack of lithium that's only 3300$ and at 45$ it would be 2250$. That's not a huge cost item to hide in a car product. Especially when you can throw in strong acceleration basically for free because electric motors and power electronics is dirt cheap. You can make the identical car with 3 software limitation trims. And car dealers might offer a package of 2 solar panels and inverter for the garage roof with the premise that it will power all moderate driving. Which 2 panels actually can. Say 10km of driving per day. Or 4 panels for 20km per day. Solar panels are dirt cheap too.
My ordered product is coming on "a slow boat from China" was never more true than today. Whilst the whole world will be driving EVs, the USA will be like Cuba used to be; driving old gas/diesel vehicles.
My BYD Seal is absolutely fantastic
When new battery has 1000km ramge at reasonable price .. likely cheaper to buy and clearly maintain.
ICE will be absolute... however for 4WD and interstate normaids the plug in hybrid is still in game.. no chatging in the woods or out back or in the village in Borneo.
But the ev to ice ratio will reverse by then. 20% hybrid and 80% ice.
Legacy auto companies shouldn't be bailed out this time when they fail.
The legacy automakers are dead, long live the new automakers.
Sheer propergander ie more expensive,low secondhand value,put on air conditioner or heating and you will reduce the range by half,and don’t forget to join the queue at the charging station 😢
you are kidding,The power consumption of car air conditioners is very low. Even in cold weather, there is a heat pump to protect the battery. What really affects the battery life is that the battery will drop quickly when the speed exceeds 120km, but only a few people will drive so fast.
Charging station: many charging points are kaput.
@@stefan2796 It's an issue with infrastructure, not EVs
@@user-zs6jc2rb9h Short range, charging time, etc. Not to mention the battery degredation.
@@stefan2796 Battery degradation is a myth. Ev will not lose more than 10% in 10 years, and about 20% in 20 years. The current cruising range is about 500 km in market which can meet daily use, and the charging problem will be solved with the development of super charging.There are only two problems with ev: too fast power loss at high speed (above 120km/h) and depreciation(because technology updates quickly)
Once they hit that steep upslope of the s curve, the next stop is 80-90%. China is starting that part of the s curve.
I’m
Really looking forward to see how it affects oil demand and usage, and as more EVs are sold, EVs get cheaper and cheaper to make, so even closed off markets (US for example) will eventually crack (unless they take even more extreme actions to block EVs)
I've had a Mitsubishi minicab miev EV Kei van for six years now and as long as China sends Australia the Baojun cloud I will be happy, I've got the $ ready and waiting, I hate SUVs and crossovers.
You have it backwards
I was at the FT's Future of Car Summit last week. European Manufacturers are worried.... very worried but there's narrative being spread that no one wants EVs. This was centered around cost which is about to be removed. I've spent my lifetime working in tech and I just see this as one of those moments where the disruptive force (Chinese EVs) are going to destroy the incumbents.
Many legacy auto makes have a good range of EV’S, I can only speck from my own experience that tells me that two years ago the only electric cars I saw on the road were Tesla, today I see more EV’S other then Tesla on the road.
Legacy auto makers are in transition, so Sam give them a break, they far from dead and gone.
I have an EV and found that they are perfect for handling traffic jams ! Period.
If the infrastructure is not able to meet the requirements, it doesn't matter what you drive. Like in California, with their power short fall, the governor asked people not to change their car's. Gasoline and fuel are still the most portable storage of power. Until ylthe power supply is fixed...😢😢😢
😅😅😅
😂😂😂
The legacy auto industry is about to collapse. Give it another 12 to 24 months, once EV super charging market becomes ubiquitous, competitive and cheaper than gas stations. At that point it will be near game over for new ICE vehicles, which will then depreciate even more rapidly.
Do you think ICE has a future at all ?
I’ve never found someone who contradicts himself more from video to to the next
For us, a PHEV made more sense than an EV. Not sure if these are selling as well in China, but getting more popular in the UK.
Sadly this is not likely to happen in North America because of protectionist policies. Even in Europe, there are European brands such as MG under Chinese ownership that can sell cheaper EVs. In North America, there are no cheap EV choices. It's one horse race Tesla here, and I hate Tesla.
I cannot see them upgrading power stations and transmission lines in most countries ..a commo govt can dictate their will..not ao easy in a democracy
UK uses about 40GW at peak time, and as little as 18GW at weekends and nights, that's up to 22GW of off-peak power available to charge EVs, without Any upgrades necessary. We just need to change our human habits. 👍🏻
you know why it doesn't work in a democracy... because people like me who remind people like you.... that colbalt and lithium are mined by slaves.... that the power comes from Cole power plants and there is nothing green about it.... it's a scam brought to you by the rich and corrupt government and corporations they represent... that's why
Search for reconductoring existing electrical transmission lines. It can be done quickly and easily just not that cheaply.
Cali did a 180 mile stretch a couple year's back and added 40% more continous capacity to existing infastructure.
Also turning off all the oil pump jacks, oil pipelines and refineries is gonna open up or free a LOT of Existing generating capacity!
As others correctly pointed out, overnight capacity is more than equal to daytime usage. And evs parked like most cars are for 95% of their lives. Can be plugged into smart chargers and v2x chargers. Able to absorb energy at anytime and even feed it back into the grid as needed. 😎
since I changed model3 from BMW425i.
mouthly spending on vehicle reduced from 100 dollar to 10 dollar.
ev car maintenance cost is 10% of ICE car. Not
joking.
Where are these Chinese BEV buyers charging their vehicles? At home? At work? At public charging stations? At the supermarkets? Where? Who is installing the EV infrastructure?
How about a blog on this subject?
日前，中国充电联盟发布了2023年全国电动汽车充换电基础设施运行情况，数据显示，2023年1-12月，全国新增公共充电桩92.6万个，月均新增7.7万个。截止到2023年12月，中国充电联盟成员单位总计上报公共充电桩272.6万个，其中直流充电桩120.3万个、交流充电桩152.2万个。
此外，中国充电联盟还表示，在2023年，新能源汽车销量为949.5万辆，而新增的基础设施数量为338.6万个，桩车增量比为1:2.8，充电基础设施建设能够基本满足新能源汽车的快速发展。
展望2024年，中国充电联盟预测将新增297.7万个随车配建充电桩，随车配建充电桩保有量达到884.7万个。而公共充电桩则将新增108.4万个，其中公共直流充电桩52.6万个、公共交流充电桩55.9万个。
More than 2 million public charging stations in China.
@@hclau218
By April 2024, the number of charging piles in China was 9.613 million.
Among them, 2.977 million are public charging piles, and the others are private charging piles.
There are charging stations in every apartment building underground parking, every shopping center and dedicated charging stations. Petrol stations are hardly seen in large citites
Easy. no research needed. Just visit China Once You'll understand everything
EVs are still too expensive to repair. Just look at how many of them get totalled by insurance companies over a sideswiped. Not enough trained mechanics and I can see why none of them want to be computer engineers to fix a cellphone.
The CEO of xpeng predicted this correctly in the summer of 2023, he said he felt nevs would hit 50% market share by 2025 at the latest.
And that would make many ice manufacturer's unprofitable as they no longer would sell at high enough scale.
He was laughed at by the ice making gasholes. Then in Oct China's largest oil refiner publicly said gas consumption for transportation peaked over there at the end of 2023!
Now the iea says emissions will peak globally by 2028 or sooner and oil consumption could peak by 2026. 👍🏻😀
And I’m excited for the take over of EVs !!! I have a Kia Niro since 2020, love this car.
oK... lmao!
The colbalt and lithium are mined by slaves in Africa.... good old China right..... but nobody seems to care about that right 🧐
I’m most impressed by situation in (oil rich) Norway, and their EV-adaptation! This was only caused by the fact that their fuel prices hit world records.
Everywhere with low gas/diesel prices, will see slower adaptation. People might say they “are green”, but their wallets sing a different tune.
EVS are not green.
@@markmiller8903most are white, red, blue, or black.
A Tesla Model 3 costs 40K euro and is comparable with a 30k euro car (Renault Megane, VW T-ROC, Skoda Superb).
Costs:
2 euro /(liter of benzine) , on average 6 liters/100 km.
0.3KWh (electricity price), one average 17kWh/100km.
To make de 10k euro difference you need to drive the electric car 150,000 km (around 10 years).
Practically the buyer or the government pays for this!
EVs depreciate more. And the insurance costs are much higher, because of the expensive repairs. So, it's not the best choice at the moment.
Yup
It’s only because of the incentives on EV’s by their government that discounts are passed onto customers. I really wonder why that it’s, because they what to sell outside china to get their money back. There is not enough raw materials to replace like for like with ice cars, they cost the environment issues far more than ice cars, has been stranded that you have to drive an ev 70,000 miles before the footprint is beneficial. Pass repair cost are too high as their isn’t enough trained qualified repairers to fix them.
time will tell, but seems like bad quality not for longterm cars
Do we really care what cars the Chinese buy.......
This is what happens when you have an obsolete product that people don't want to buy, and the alternative is government subsidized and more desirable. Why they keep pumping the ICE cars out and storing them is the mystery.
Are these EV sale numbers registered with faked plates to get the gov rebate?
Well, What I see is.. China has a good range of EVs available. from cheap entry level like around $7k and up, mid $25k up, and high end 80k up.. While the West is like you have to go big or go home. starting at $40k up. and forgetting there are much more proven reliable IC cars people still has. and no decent entry levels EVs to just get the general public's feet wet sort of speak.
I can’t wait until the legacy auto makers are royalty Fxxked because GMC royalty Fxxked me on the purchase of a 2019 GMC sierra that had a bad transmission and bad lifters and GMC new they were bad when they sold me the truck.
wrr
So in this video PHEV are EVs because they suit the narrative. Okay Sam. Playing your games again.
That also means Vaseline consumption but I've been reduced by 60%. That's going to hit Saudi Arabia big time. We're already doing bankrupt on that line City
Getting Japan to adapt to EV's will be a major milestone and defeat the fud of legacy ICE there!!
But do you know why??? Because Japan has a moral stance.... they know that China is using colbalt and lithium that is mined by slaves in Africa..... but nobody else seems to care 🧐
First up you aint no Viking.
Get back in the basement with your boyfriend.
Sports cars are still high sellers like Porsche 911s
You show scant regard for the relationship between your country and China. Imagine a world where you're all driving Chinese electric cars and China decides to remotely switch them all off or demand a fortune for parts and repairs. Surrendering power to a country that thinks nothing of killing its own citizens and exercises absolute control over them, by way of digital IDs, central bank digital currency and social scoring, is never going to end well.
Put your fellow countrymen before your obsession and wind your neck in.
Can you do a video on how Chinese EV owners who live in apartments, charge their EVs? Do the parking spots in the apartment/condo have chargers which are capable of billing the user separately?
Yes,I’m an apartment owner and you get a charging machine fixed for you when you purchase an electric car.
In China, if you have a parking space downstairs or in the basement of an apartment, it is easy for you to apply for installing a (private)charging pile, just through the mobile app.
In addition, there are a large number of (public) charging piles.
Saw something similar in Paris even 5 years ago. Streets had kerbside chargers on short metal poles the kind used to separate parking lots.
Any place you can park a car overnight can have a charger installed. It just needs local regulation to make it easy for the EV owner/ operator.
How do Chinese ice car owners who live in apartments 'charge' their cars?
国家政策新建小区需要配置一定数量的停车位，以及充电车位
All depends on price, range and recharge times for market dominance - 20 % or less than ICE cars - 1000km range - 10mins for 80 % at a fast charger. People do not do there homework of running costs - already EV over a 10 year period cost so little to own when compared to ICE cars! Go do your numbers you will be shocked!
Here in the UK the ineptitude of Govt in providing enough public charging will be a handicap, plus the price of electricity is much higher than in Europe.. When the chinese cars come here next year sub £20,000 with 300+ miles range, will be when the carnage starts with the legacy Automakers. My personal view is this is a deliberate act by the Net Zero blob, who wish to de-industrialize Europe and the UK
The truth is unstoppable.
Which truth? ICE cars will be here for decades to come.
Also don't forget Australia has great and easy solar setups.
Australia is the no1 coal exporter (to china), so much for the environment...money talks.
@@stefan2796 of course money talks but what does that have to do with my comment
@@nfzeta128 At the moment Australia is not "green" at all. These solar initiatives are nice, but don't do much in total.
@@stefan2796 Again, point?
What’s missing in this video is how China is providing the electricity to charge all these EVs. There are currently over 3100 coal fired power stations in China operating 24/7 and more are being built. Between January 2024 and December 2024 another 60 will become operational. China puts a lot of emphasis in the media about their solar, wind and thermal power projects but in truth these are totally outstripped in capacity by coal power. Hardly an environmentally friendly way of powering your EV.
Shhhh, stop using facts and go with your feelings.
You failed to mention the fact that when they build a solar power plant they also need to build coal fired power plant as the backup. So most of the new coal fired power plants are purposed for backup of solar energy. So in other words, more coal fired plants also means more solar firms and more solar power plant
@@directxxxx71 the 2nd largest coal company in the u.s. is closing down this year. Solar wind and battery produce more electric than coal in the u.s.
@@directxxxx71 Yes, it's a Catch 22 situation. Nobody wins.
Nice try...but according to the International Energy Agency's (IEA) World Energy Outlook 2023, China's fossil fuel use will begin a long-term decline starting from 2024.
100% tariffs on EVs imported into the US coming soon
And immediately cratering their vital sells in China, getting no more parts to build the "US" autos. The profit goes to Mexico - what a knee-jerk decision (same with the smartphone chips)...
I love the deliberate ignorance of this guy .EV companies are tanking all over the world .EV work in china because they have no choice
Which ones are tanking?
In a country that forces ev adoption and won’t allow you to register ice vehicles. It’s not demand, but authoritarian force!
HDTV = Facsism!
Which is much needed policy tbh, china consumes astronomical amount of oil, and battery is just such essential tech for future lifestyle and products e.g server bots and drones, its impossible for china to not focus on that. Authoritarian or not, its necessity for survival
You are wrong. If you already have a blue plate (ice) you can sell your old car and buy another one, that can be ice or ev. But if you convert to a green plate (ev), you can't go back to a blue plate. Do your research first mate...
they used to have incentives to buy EVs. Now they stop giving incentives and the EV sales is still shoot upward and you called it authoritarian LMAO.
@@bobbyus You just confirmed the point of the OP.
Is there a publicly available source for EV-sales in China?
EV - CarNewsChina
Only Chinese government approved sources.
absolutely not. even in a country that no longer manufactures cars locally (NL), the government has consistantly made it harder and more difficult to go electric. The power grid is strained because private companies had no incentive to invest in infrastructure, there are not enough publicly accessible street charging points available to meet the projected deman, people that received subsidies for installing solar cells are now having to pay exorbitant fees to the electric companies in stead of getting for the excess power they produce, electric cars cost an average of 40% more than gas cars, all subsidies and tax benfits on EVs are being rolled back, heavier battery powered cars are going to be levied by weight, etc etc.
China is a planned economy and in no way a model of EV adoption for the rest of the world. Excessive Capitalism and "Boomerism" will hold back any form of transition.
Ever driven on an Australian road? You live here right?
Australian and US roads are full of 4WD and SUVs, I need one and I'd love an EV but I'm not willing to don a Terminator suit before driving to the shops...
When we get PRACTICAL 4WD-EV the Australian and US markets will follow China.
Till then it doesn't matter how many electric shopping trolleys are offered, we need something that can carry tools, metal, wood and concrete...