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Japan says China's EV boom in Thailand is a huge threat to its auto market
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- čas přidán 5. 09. 2024
- Japan says China's EV boom in Thailand is a huge threat to its auto market
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We Thai people don't care about Japanese cars. We want what best for us and our country.
🇹🇭 👍
A car that is efficient and cheap.. it’s a win-win to me.
Please Thai don't play the western geopolitic games.
thai people/gov with backbone do not work for the west's interests 👍
Smart
Have to say that not having to inhale ICE tailpipe exhaust is a new & refreshing experience
More than that. When you leave your house, your neighbors won't notice you start the car. When parking your car in the garage, there's no toxic exhaust fume both inside the garage and the house.
@@donkeykong516 driving an EV eliminates all that exhaust pollution but you also arrive more refreshed on a road trip from not having all the endless engine noise and vibration.
I’m sensitive to the fumes in heavy traffic and as I live on a major road it is the noise that is disturbing day and night. It is easy to pick the EVs going by with their barely audible swoosh sound.😊
@@MarkMaxwell-author
A lot of people don't realize that.
@@ronfarnsworth7074 you're right, I don't think most people would think it's that big a difference until they actually take a 6 or 8 hour drive in an EV.
Japanese automakers have had a stranglehold on Asian auto market for decades. When you have like 90% market share, there's nowhere to go but down.
japanese and korean car makers can survive in america where is no chinese cars.
but fast, it will be similar to what was happening in China. give it another 5 years, Japanese new cars will be a minority..
This will be a Harvard Business School case study for decades to come - alongside Kodak, Nokia and IBM.
Harvard Business School's own failure will be featured too....HBS is a joke
IBM is still all right. Xerox has gone from 147k to under 20k employees in the last ten years.
@@Carl_in_AZ I worked for IBM for 30 years. I was there when they made the biggest loss in corporate history, though I can’t claim all the credit! When I joined, they had 70% of the mainframe market, which was effectively the whole of IT at the time. They made a series of strategic blunders. They assumed that they would control 70% of the PC market, as they had for mainframes. However, they built an open IBM PC platform based on Intel hardware and Microsoft software. They let Microsoft have all the royalties on Windows running on non-IBM PCs. It got to the point where Intel and Microsoft controlled the market. Unable to make a profile on PCs, they sold the PC business to Lenovo. They did not invest enough in mainframes, so mini-computers (servers) took over. Hardly any businesses use mainframes these days - only banks and some retailers. IBM invented relational database, but lost that market to Oracle. IBM decided to build a software business, but only infrastructure software. They left the application software field open for Oracle to dominate. Now Oracle has slightly less revenue than IBM, but 50% more profit. IBM went into the outsourcing business, which is low margin and very tough. I know, because I worked in it. Eventually they got rid of that as well. I left a long time ago. Looking on the web, IBM seems to have reinvented itself in new areas, which is great to see.
We have to keep in mind all the times the Japanese car makers deliberately did the wrong things with regard to adopting electric. Over and over again. Even crossing over into criminality. At this point, you just have to say they have it coming. They asked for it.
"even crossing over into criminality" What kind of beanhead writes that kind of comments ? IQ80 ?
Not ONLY Thailand. Malaysia , Singapore, Indonesia, Philipines, LAOS, Cambodia, Vietnam, etc. Why ... Chinese EV are BETTER Quality and Features, Slightly more expensive , Much Cheaper to Run and Maintain, Longer warranties . CONSUMERS now have a wider choice and better quality.
I agree with you but when there is no other completion, the monopoly will begin and there is no turning back. And this is China we talking about
well hopefully another Chinese brands will help prevent that 😂
I wonder how long Thailand will exist as an independent country from China. Let china in the door and they start their hegemony.
Only time will tell if Chinese EV's are better quality. It is far too early to tell.
@@evfactsnotliesplease China built cars for Toyota, Mercedes, BMW, Audi, etc. for decades, so they know what car quality looks like. Chinese Teslas have consistently higher build quality than the US built ones. Chinese quality is likely to be on par with the best in the world.
competition is always good for consumers.
Let the Japanese automakers go out of business in Thailand. Chinese made BYD EV's are superior to Japanese ICE vehicles.
Thailand: Subaru quits. Honda halves out output. Toyota and Suzuki cut back. BYD making Dolphins locally, batteries coming. More EVs every day. EVs everywhere...
I wonder if they have enough power plant to support the many EVs
buy Chinese power plants lol
Toyota hilux champ: No in my wacht
@@laraserviciosca5983BYD shark will be taking over
@@leedaq7767Most people charge at night when plenty of power.
Toyotas CEO team obviously have completely lost their marbles.
Not really, they ignored and didn’t planed for EV. They will end up good old Sony
They are high on sniffing hydrogen… 🤣
Toyota bet big on Hybrids, then Hydrogen, but gasoline is obsolete, and hydrogen is just another kind of electric battery. Easier to just use batteries than to convert to and from hydrogen.
@@ZweiZwolf hydrogen is not green for many countries.
hydrogen engine is a modified ICE, so cant compare with EV motors.
it may be ok for railway.
toyota Hybrid tech is ICE biased, high mechancal tech, but a joke. now it uses byd's DM-i tech.
@@ZweiZwolftheir original idea was correct, and their Prius was a smashing success. Long ago…
But they should have increased their battery capacity with each year latest model!
As an Aussie who lives in Thailand for the past 10+ years, you can take it to the bank that Thai’s LOVE EV’s. As with everything novel Thai’s jump at the opportunity to be the first & consider it a status symbol which is very important to them…
Thai here and you nailed it. ^_^
ps. This is where virtue signaling is very ok to me.
Indonesia is next. Just like thailand. Byd is eating toyota and hondas lunch.
To be fair. BYD really do build quality cars. And the designs are nothing to scoff at as well. The only roadblock to EVs are infrastructures. In the Philippines EV growth will be very minimal since the government there has no plan to really transition. Without charging stations people will not buy EVs.
Im indonesian and thrill for this fierce competition.
Toyota here begging the government subsidies for their HEV
The funny thing is toyota HEV only has a little battery and doesnt save much gas
Whatever, the winner from this competition is the costumers
@@kurniawanwidisusanto3619 Toyota has grown very complacent. Even their service maintenance nowadays is sooo bad. Before we can really feel our cars running smoothly after a maintenance. But nowadays they tend to use chemicals etc. to make the cars seems smooth but disappears in just a week.
@@vincesiy1403 The Philippines will see slow EV growth by those who can afford to install solar panels and batteries at their home. If I'm a Chinese EV dealer in PH, I sell a whole package of car, solar panel, and battery with installation.
@@ZweiZwolf Yes. Hence I mentioned very slow growth. Since only the very rich can afford to go EVs. In order for the mass market to adopt EVs, the infrastructures should be in place so that people will only need to consider the cost of the car itself and not worry about charging stations etc.
Yes, the SAME is true here in Singapore and Malaysia.
Just visited Singapore 2 weeks ago. Didn’t see many Chinese EVs though
@@Countrybumpkin-in4bgmbndue Then you are blind & deaf. But they're so sleek and quiet, they're less noticeable & intrusive than the old stinky ICE cars are.
@@Countrybumpkin-in4bgmbndue Dozens of old dealers forced out of business or changed EV, almost all chinese EV in this region over the last year-plus.
literally saw byd dolphins 1 day ago stop this bs 😂😂😂 @@Countrybumpkin-in4bgmbndue
@@davidrichards1741 admittedly I was only in Singapore for less than 20 hours so I didn’t visit many neighborhoods. Only CBD, east coast and Tiong Bahru / red hill area. I was actually looking out for EVs as I wanted to know how Chinese EVs were doing outside of china and Japan (visited Guangdong province in May and currently living in Tokyo). Took about 8 grab / gojek and none of them were EVs. Maybe it was pure bad luck, but I was disappointed
For the consecutive 5 months this year, Japanese auto car sales in Thailand have dropped compared to the previous year.... even they still make a large percentage of thai market, but the rapid market sales down is hitting them until Subaru manufacture cease production in Asean, and Honda has stop one of their car assembly plant in Thailand and convert to part manufacturer only. And toyota Corolla's new PHEV model will use BYD DMi hybrid system, Toyota use to be leading in hybrid technology now have to use BYD hybrid system. This tells us a lot about why the japanese auto market is in decline.
PHEVs are for morons as it is a dead end technology.
This is because the number of car sales in Thailand as a whole is decreasing.
China EVs industry is incredibly impressive. Well done China 👍❤️🇨🇳
Don’t forget, China is facing tough times too.
- workers are demanding higher wages.
- population is aging
- real estate causing “economic issues”
- only BYD is making profits (safe Tesla)
Once Tesla will start employing large numbers of Optimus-worker, they can produce competitively everywhere…
Automotive industry is heading for an interesting decade.
@@hanswitvliet8188 yea i've checked with cnn and cnbc. it's definitely true according to them lol. ev is ded haha. china is collapsing heh. big oil is here to stay.
人口老龄化才会对国外投资呀。@@hanswitvliet8188
@@user-yc4kt8lm2qwaarschijnlijk ben ik het met je eens, maar de Teleac cursus staat nog ongebruikt op de kast….
I went to the large annnual auto show in Bangkok, EV sellers every popular. toyota did not have one BEV. they are sleeping
It's strange, because First Auto Works in China builds Toyota-badged bz3 sedans and is under capacity. They seem to be good EVs and well-priced. It's as if Toyota only sells competitive EVs with a CCP gun to its head while trying to keep them secret from the rest of the world.
Toyota lied EV no good.
For all the lies they spread about EV. They had it coming. They can build hydrogen vehicles. 😂
Like hell my government can keep up with infrastructures changes.
They cheers for EV first, now wanna to switch to something else?
Gees whizz, my government can't even get enough chargers for the people if we all or majority switched to EV.
Now Toyota announced hydrogen?
Vuck that!
Blimps don't even use hydrogen anymore what are lighter than airships to do?
A hydrogen economy is basically dead on arrival. Toyota keeps pushing it because they are too behind in EVs and know they cannot catch up. Hydrogen will never be viable. In USA if you can even find a hydrogen refueling station, will cost $400 for a fill up 😅.
hydrogen for railway is ok, for private car is hidden bomb, cuz bad user maintainance or abandoned car is disaster.
@@America_bombsTSMC hahaha 😆
Toyota had their chance, they were working with and investing in Tesla early on. They decided to bail and sell their stake.
Laughingly because their Engineers believed there was nothing they could learn or benefit from Tesla.
@@zoransarin5411 So they ended up with the bZ4x. *sigh*
Kodak invented the ccd for digital cameras, but got killed by it. Same thing will happen to toyota. They invested in evs earlier, but got killed by it at the end.Such poetic justice huh?
Mercedes owned Tesla , too. And the losers sold it, hahahahahaha.
Samething happening here in Indonesia (Hello there Thai Neighbour), in terms of EV, Toyota's most affordable EV option BZ4X costs 80,000 USD compared to the cheapest Chinese option BYD M6 is only 23,000 USD. Toyota is currently not competitive at all in the EV market, dark days are coming for Toyota.
The writing is on the wall, nobody can compete with China and their gov with cars except Tesla.
No, not even Tesla. They build the most efficient cars in Shanghai. Where is Shanghai? Guess!
❤Testa all so made in China 🇨🇳 😮ohhhh
New Nissan Leaf in Australia: $40,000, Panasonic 39kWh battery, no thermal control, 270km range.
BYD Dolphin and MG4 51kWh, both cost also $40,000! MG4 51kWh CATL battery has 370km range or 100km more for the same price, so who is going to buy a Leaf as they will no longer be made anyway??
Here in Aruba, I see every day Neta, Haval, BYD, and a bunch if other Chinese EVs, they are slowly but surely taking over. I own a Honda civic and a CRV, I love both of these cars, but my next car will be an EV, not even a hybrid.
There are a bunch of free chargers on the island, I never see cars charging there, meaning they all plug in at home.
Welcome to the real world Japan.
Real world? Japan is perpetually stuck in the 1990s, its best days was many decades ago. Japan’s GDP is the same as it was in 1993.
Japanese days are over. EV taking over the world now. Cheaper & easy to maintain too.
I remember back in the 70's when Triumph, Norton and BSA all laughed at the motorcycle offerings from Honda, Yamaha, Suzuki and Kawasaki...They weren't laughing 10 years later when Japanese sales took off and they went bust....maybe history will repeat itself with Japan the victim this time.
Japan auto industry is in trouble, it's too rigid in its own ways, really don't like change or admitting they got something wrong.
Honda for example, they're so deluded they think selling a base model Civic for $48k is a good idea. No more Jazz, no more City, no more Odessey. Basically, nothing under $40k if you want a Honda vehicle, with piss poor options, and one of the lowest warranty on the market, then they wonder why people look elsewhere.
I loved my little 2013 Civic hatch, zippy little 4 banger that was cheap and cheerful motoring with a 6-speed manual box. Now that it's time to move it on, I'm saying hello to a BYD Seal soon.
In my country Honda and Japan cars give 3 year warranty while in same time all Korean and Chine's give 7 year warranty .And Japanies cars more expensive if you compare them directly
在中国，本田思域只要13万人民币，相当于18000美元，并且卖不出去！
The 3 generation rules :
1 gen. Founds a successful business
2 gen. Run and expand the business
3 gen. Dunning-Krugger effect idiot runs the business into the ground.
Akio Toyoda’s long list of strategical business errors will be teached as the perfect example of not what to do in a car business management. In the future he will be labeled the most destructive man in Japan’s industrial history.
Because 2nd generation kids grew up on easy street. They marry stupid models who raise stupid children. 3rd generation finally destroy the company. Look at Trump and his marriages. Look at the kids!
Who is Akio Toyoda mother? Is she as intelligent as his grandmother? That is where you will find the answer.
@@bubuneowoo6161 As usual, blame the women.
The world has been paying for overpriced cars for decades, because they had no alternatives
Especially in Europe, we’ve been screwed by car companies and oil companies.
Tesla is our salvation.
@@hanswitvliet8188 还有大量的中国电车新势力
How long can they screwed consumers ???
AITO M9: Best Back Seat EVER
Wheelsboy
Word...just wanted to post the very same thing. The M9 is really nice and a decent understatement.
Definitely a thrill for the passengers.
29:44 shows how autonomous driving is improving.
Aito and all Huawei's car brands are not yet enter Thailand. I think they don't have right-hand drive version yet.
Hi MrMawson.😊
It is not only BYD Everywhere. Wuling Bingo in Indonesia. They just like it. 10.000 Dollar Wuling Bingo in Indonesia. In Salvador Bahia Brasil BYD Factories. Work for 10.000 Baianos. Clean Air Blue Sky Health Better Life.❤👍
Wuling bingau is my favourite car as per value for money here in nepal.
@@groundreality5360 Thank You very much for your remark. From Nepal. Greetings from Groningen Nederland.👍🌹🌹🌹
Many countries recognize that foreign oil dependence and the resulting trade deficits is undesirable for economic autonomy over the long haul. Thailand is a net oil importer, mostly from the UAE and Saudi Arabia. It makes total sense for these countries to move away from fossil fuel imports ASAP. One would think that Japan, a huge importer of foreign oil, would lead the way with high tech EV adoption. But this resistance to progress underlines the massive global economic and political power that the oil cartel and multinational legacy automakers exert to maintain their current profits and "business as usual" existence.
Yeah, Japan is mostly urban, so EVs would be a natural choice. I think BYD's DM-i hybrids would do extremely well in Japan.
Japan Autos will be gone soon. 5years ???
@@davidlim5 As Chinese autos displace them, the Japanese auto industry will see a major contraction similar to what happened to the US when the Japanese were allowed to sell in America. Japan is so far behind the curve, they'll need to depend on their home market and the US. Toyota & Honda (like GM & Ford) should survive, but they're going to be much smaller and less profitable.
I live in Thailand and in the market for a new car right now. We trust the Japanese cars to be very reliable and could last decades.
However, we chose Chinese car instead because it provides all the features we want. It is not cheap, but it could cost 1.5-2 times more if we choose Japanese one.
Also, it looks better too. All Japanese cars look like they have been designed in the 90s and never really wanna change.
The Chinese really go all in with everything at cheaper prices.
I don’t mind if the car is hybrid or purely electric. But the Japanese must really up their game in terms of price, looks and features in order to compete.
Japanese cars are over. !!!
Feel very sorry for Japan,
Prime example of what happens when big business dictates national policy 😒
…….. or th silent majority
Japan only has itself to blame. They lack imagination and cannot accept reality. Japan is perpetually stuck in the 1990s, its best days was many decades ago. Japan’s GDP is the same as it was in 1993.
@@SparkySho nonsense
Close us military bases
Living in Japan at the moment. if you could read the Japanese comments on anything videos in Japanese about EV, it’s overwhelmingly negative. The Japanese public don’t believe in EV and are very skeptical about EV’s future. I don’t feel sorry for them at all.
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I think the biggest lie is hybrids.
Owners have to service, maintain, and repair 2 systems to keep that car on the road .
Hybrids were meant to be a transition vehicle from ICE to BEV. The Prius was released in 1999. So it’s a 25 year old technology and the worlds largest producer of hybrids, Toyota, has been unable and unwilling to complete the transition. Talk about wasting your lead
Weak hybrids like the older Prius are like that, but the newer BYD hybrids are really EVs with an efficient generator. The typical BYD DM-i has 100 km electric range, so they probably drive almost entirely on battery, so the gas motor sees very little wear.
The Japanese are too conservative, I would say stubborn, 4 Japanese companies or an ally should make the engine on cylinders even more efficient, but this is a big waste of resources - the future is electric and if you haven't received the train, you're dead and the Japanese, what can I say, are making their own harakiri )))) - I don't understand why it's so complicated to make an electric car - battery £5,000 - engine £1,000, 4 wheels, a steering wheel, 5 seats, body, glass and a tablet and that costs £80,000 - you're only dreaming money and this will be the end of them - China knows the direction and no one can stop them))))
China's latest DM-i plug-in hybrid system is extremely efficient, getting 2,000+ km on a full tank & full charge. It's really impressive.
@@ZweiZwolf 哥们儿，你很勤奋啊，我来自成都，你好😁
bravo china on all your success in EV cars.
Sam , Mazda does not sell well in africa as well because they are too expensive relative to Haval or Chery.
BYD = VALUE = consumers want
Toyota: "Don't worry, we have hydrogen."
Muppets.
And solid state battery.
@@nguyep4 "claims", doesn't mean anything if they can't produce something out of it.
@timmarrr234 That was a jab along with their hydrogen development. I know Toyota is playing the game, the appearance of doing EV when in actual nothing to show for.
They can only make hydrogen from natural gas or from renewable energy. They import natural gas, and have few solar panels and wind turbines.
So hydrogen will end up being an import either of fuel or foreign machinery.
I think it is a good thing that Chinese EVs are flooding the global car market. For years, we have had to put up with stupid, money-hungry, and now low-quality European vehicles. Although Japan produces high-quality cars, they are also overpriced. Now that Chinese EV cars are entering the market with gradually improving quality, better design, and lower purchase prices, I believe this is a good thing and a game changer. I see some European and Japanese car manufacturers going bankrupt if they do not exercise caution and begin to consider competing with Chinese car manufacturers, as Tesla is currently doing. So European car manufacturers, such as Mercedes-Benz, which currently produce very low-quality engine cars, must get their act together. I believe BMW and the Volkswagen Group will be the most likely European car manufacturers to be around for a long time. I don't see Mercedes-Benz surviving for too long due to their poor quality, cost-cutting of their engines, and now too many plastic interiors. My advice to Mercedes-Benz is that it is one thing to design a beautiful car, but what lies beneath the hood is very disappointing to many of your customers around the world. Electric vehicles are the next big thing, and the Chinese car manufacturers are doing an excellent job of developing them.
奔驰，宝马，奥迪，质量都很差，还有路虎更差。
@@kunzhang7512 👍👍👍👍
Welcome China's EVs. Expensive cars are over !!!
Agreed even Japanese cars were not innovative for 1-2 decades. They were just milking the world.
I live in a condo in Thailand about 250 km east of Bangkok. Two of our visitor parking spots have been converted to EV charging so we have lost visitor parking so now visitors park in the street when spots are full. I have never seen one car use the EV charging. There are EVs parked here but they dont charge here. I susoect they charge at their work.
I can walk to a new byd showroom.
They prefer highspeed chargin station (Base on what they said in their Facebook page)
Orgulho do Japão 🇯🇵 não aceitando as mudanças da vizinhança e o mundo, destruindo assim o império num piscar de olhos e acabando com riqueza e sucesso dos anos 80/ 90...por desleixo e visão curta ,cobrando superfaturamento igual europeus e ianques em veiculos inertes de evolução sem preço justo
I use japan gasoline daihatsu car since 2012, still have it until today. But i just bought chinese ev car for about USD12,000. Why? Because the oil price is getting crazy, ev car can run in the same range as gasoline car for about 10-20% less cost.
China is next level it gaint cant be stopped
A lying company like toyota deserves more than that. Their agency here in jordan are selling the chinese version of toyota bz4x under the table. It's not a respectful company with a non respectful agencies.
丰田 bz4x的主要部件，电池电动机和电控系统都是由比亚迪提供的，所以，你不如直接买比亚迪！
This is simply a fact of reality vs Japanese Big Auto that mixed reality vs fantasy...
Not China's problem.
There are more than 100 car brands in China, making it the most competitive market, which force companies to make better cars and offer lower prices. Consequently the consumers benefit the most. It's not rocket science.
Toyoda the grandson of Toyotas founder was CEO for more than 10 years. He has now been appointed as President of the company. The new CEO is one of his people as are almost the entire senior management of the company. Toyoda has made one outrageous and unfulfilled promise after another for more than a decade.Toyota has made negligible new developments, it has all been advertizing, marketing bulldust, and no substance for the past 10 years at least. Toyoda himself is China's greatest asset in Japan; his answer is always the same: another absurd press release to Toyota compliant motor journalists. Nothing of any substance ever. It would not surprise me if one of the Chinese companies offered a very low price for one of the smaller J companies. It would be rejected of course, but would show the world what the future of the Japanese motor industry is really worth
Mazda CX30 and CX5 are very popular in Malaysia. We wish Mazda somehow manage to survive the challenge. Nissan unfortunately has lost significant Malaysia market where they used to be very popular. Sad decline indeed
South East Asia weather bake like oven , time to switch to EV's
Similar solar installation "mirror solar concentration" right here in Tucson was abandoned and dismantled. I believe a huge similar installation was also abandoned in the SW US Mohave desert..
Even Suzuki transferred a big part of its manufacturing to India with a EV also in the works.
I live in China , most people are oblivious to how many new EV companies have popped up with extremely high quality cars , everyone knows BYD , Geely , NIO, Xipeng ect and while they had a head start on most the quality gap between them and the new makers isn't that big, Foreign makers that ruled the market are also facing huge competition as their EV tech is nothing special . Years ago I had an interest on the subject and made a few vids , but have since changed direction with my content , but my old vids might be useful to some .
European, Japanese and American EVs (except Tesla) are for morons as they are grossly uncompetitive.
Huh? I was at a recent Shenzhen auto show and almost all of the interest was for Chinese EVs, almost none for Japanese cars.
@@ZweiZwolf MMM why are you taking to me about Japanese cars ? Maybe you didn't understand my post . I basically said the Chinese car market is flooded with Chinese EV most people out of China would not of never heard of and their quality is good !
@@chinathesideyoudontsee8157 Ah, I thought you were saying that most Chinese people weren't aware of their EV options. That seemed wrong, when the number of green plates is increasing so fast.
@@ZweiZwolf Yes , your 100% correct ! I'm in Fuzhou and there has been a huge increase of EV on the roads within the last 24 months. While you still see some of the obvious favored luxury brands ( BMW ect ) with green plates a lot of them are Chinese EV makers which is good to see !
The last time I was in Thailand (2019?) I saw a lot of Korean cars, especially taxis. My guess is that Japan was already losing market share prior to EVs.
actually there is no korean car in thailand. may be you mistook with "Almo" . this is Toyota that made for Thai Taxis
Shit, now Japan knows how the US felt about their car and electronic dominated our US industries in the late 70s and 80s.
I miss our RCA, Zenith, Lafayette, Oldsmobile, Plymouth....
@@user-os4fd4yl8z Grow up...Grow out ... and grow smart....
@@megakids627 It's painful to see familiar brands no longer around. You'll understand when you get older.
@@user-os4fd4yl8z nah, evolve.
Japan says a lot of things, like beef & onion rice is now getting expensive because Chinese can now afford more beef LOL!
Also you missed one major point; Chevy, Ssangyoung and one other manufacturer shut down their operations in thailand and sold the plants to GWM/Haval, SAIC/MG.
Visit an actual toyota dealership in thailand. There are only about 5 models for sale. Those 5 models come in 2-3 trims and 4-6 color options. Meanwhile in Japan there are 15 color options and 6 trim levels for the same model. Pay attention to the prices you see at Thai dealerships; the prices seem low until you realize the engines are smaller, stereo is low grade, the trucks dont come with rear bumpers, some dont even have clear coat.
I’m in Thailand right now Sept 6th
Half of the taxis I have used have been full electric, last year, none
i dont blame the ceo for not wanting to own another petrol car. I'm also over it, topping up the oil, 100 dollars a week on petrol, 3-4 services per year due to how many km i do yearly
Akio Toyoda is a big problem for Japan.
The market rewards long term research not short term thinking don't sell buy more at lower prices
It's only a threat when you sleep on innovation.
Japanese car manufacturers have been relying on their 'good quality, low price' image abroad for decades now but in reality these are dressed down low technolgy cars.
I am truly surprised that the Japanese car makers have had their heads in the sand for so long. Now, as they face economic down trends, we all need to be resilient in a rapidly changing economic situation. Peace
'' if you could read the Japanese comments on anything videos in Japanese about EV, it’s overwhelmingly negative. '' - this is why, becasue they dont care about EVs
Bunch of sucked up skepticism being pushed by the outdated Toyotrash
Let em live in their happy bubble
Japan Shocked
Really?
What about Tesla investors?
*Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as the electric vehicle maker cut prices to revive demand.*
Worldwide EV sales for January to April 2024 increased by +21% compared to the previous year. Japan is screwed as they do not really make EVs at all.
@@user-kc1tf7zm3b
Okay, but are they "shocked" like it says in the thumbnail? 😁
He is getting very clickbaity. You lose credibility at such silly ones!
@@hardi.howdy.983 At the end of the day, the Japanese are not stupid. If nothing else, after their defeat in WWII and the nuclear bombings the Japanese know all too well that they cannot control world events at all, no more than they can control the weather.
The Japanese are quickly realising that their petrol (and hybrid) car industry is rapidly and inexorably declining to zero relevance, as these legacy cars are utterly pointless, expensive and obsolete in the 2020s and 2030s.
The Japanese have been down this technological disruption path before with the demise of the once almighty Japanese 35mm film camera industry.
@@hardi.howdy.983 You just have to realise the simple fact that come 2030 no rational consumer will want to purchase a new petrol or hybrid car as they are too expensive to purchase, operate and maintain compared to EVs. Petrol cars are utterly obsolete.
@@user-kc1tf7zm3b
What makes you think I don't like EVs?
I drive a BMW i4 eDrive 40 😄
Japanese asleep at the wheel for the past decade.
The Japanese auto industry has been asleep since the turn of the millennium. Muppets.
Japanese make record profits when they're asleep.
Even the Tuc tucs are going straight electric. They have to get rid of pollution.
13:07 setting up plant in Turkey?? ... I thought they're building their plant right now in Hungary
Both
@@verypleasantguy such close proximity to each other...I guess it's easier to ship to rest of Middle East
@@futo yes， you‘re correct ！
I have 2 Nissan,x trail and Livina,we want to sell and change to EV,but the second market drops to the abyss,to keep yhe cars,the cost of maintanance is high,esp. the spare parts and hard to get,the c trail is fuel guzzling,a dilemma
Bye Bye Toyota 😁
Thailand is smart moving to manufacture electric vehicles. The Japanese automakers have refused to change their car industry from ice cars. Japan will pay the price for sticking with old technology.
They will hold sales on pickups but that's it
Thai banks cut way back on used car loans. My old Mazda truck and CRV are mostly boat anchors till Geely gets the electric truck here.
With EV, your country will less dependent to arabic oil country, every oil money you buy can be use to another things.
Ethiopia. They get this!
I am currently in the process of buying a car in Thailand. I'm considering between a Toyota Corolla Cross Hybrid and a Chinese SUV EV, such as an MG or BYD. If I could start over, I would likely choose a brand-new Chinese SUV EV instead of a used Toyota Corolla Cross Hybrid. New Chinese SUV EVs are significantly cheaper than Japanese combustion engine cars here. Additionally, Chinese electric vehicles have been marketed in Thailand for at least two to three years, so there are plenty of reviews available on CZcams for me to watch.
I owned a Honda Civic for 10 years and bought a BYD Seal 5 months ago. It is a brilliant car, 308 BHP beautiful interior, nice to drive, running costs are a fraction of an equivalent ICE with 1 unit of electricity at 4.4 Baht. I did a road trip from Chiang Mai to Phichit last weekend, a round trip of 1000+ km and there were chargers every 30 to 50 km, I was worried when I started the journey but it is so easy. I only used PEA Volt and EV station pluz but I am registered with Elexa and EA Anywhere. The PEA chargers where very reliable whereas the EV chargers could be a bit temperamental and having to reset the app and plug in plug out to get it going. I have absolutely no regrets buying a BYD and am very happy with it....recommended. I could have paid cash for my Seal but BYD have a 2% loan deal and with the Bangkok bank paying 1.6% on a deposit account there is no point....worth considering unless MG are offering the same.
Im an indonesian and just buy wuling EV
1 of the best decision in my life
It's like tube TV vs Platpanel TV.
Well well, I live just 2 streets away from Astra Indonesia (Toyota JV partner here) VP Director. I saw 2 Lexuses, 1 Toyota BZ4x and... BYD Atto 3 😂.
Geez, I guess buying competitor product must prove that irresistible to him.😅
Successful companies are about producing radically innovative new products, services and systems. EVs are to ICEV what iphones are to analogue bricks.
All todays most successful businesses are highly innovative.
Toyota’s CEO sounded exactly like all the CEOs of Nokia, RIM and Microsoft back in the day when iPhones came out. They had absolutely no foresight and no new innovations but to make phones smaller. Fast forward to today’s automobile industry, the US and Japanese car makers are all very short sighted, no foresight and rested too long with confidence that they will never be taken over. Classic tale of the Tortoise and the Hare.
Chinese automakers are expected to grow by 30% p.a. Compounded growth rate in the next three years in asean markets
YOU SHOULD also ADD TESLA to that LIST TESLA will LOUSE MARKET SHARE to BYD
Long Range Self Driving... Go to sleep in evening. Destination by morning 800 miles away. No need for a flight at that point.
As far as I can see, any country or manufacturer wanting to compete on EV with China faces a daunting task. Unless they are willing to JV with the Chinese manufacturers, including the supply chains to start production plant in their own country (like what Turkey is doing). Or Spain's EV Motors JV with Chery to open its first European manufacturing site in Catalonia.
Japanese households electrical industry were losing to Korea on early 21 century and later by China, now car industries
could it be that the general japanese population are smart and see what is going on world wide in the car industry and have lost confidence in their own japanese brands...
Its okay to build all these factories, but it is based on the assumption that people will buy them. There are a lot of unsold apparent blocks in China. Some have been demolished.
byd can make a car that changes from left drive to right drive in minutes.
Governments around the world are pivoting away from importing fuels when they can actually use renewables to power their own country. It makes complete sense not to send $billions to foreign countries but rather build out an ecosystem that keeps the money local. Building and selling EV's locally are just one of the first easy changes to make to reduce reliance on others. Ethiopia, Thailand, China, micronations and more to come.
I'm liking your journal Ur research in awaking great work
Thank you so much 😀
@@electricviking im from kolkata, india n i see BYD has already n slowly got Atto n seal in india. it happen to be quite affordable n its getting into youth . i see, Indian Media is quite biased n slow to appreciate Chinese EV but i have seen a change in home grown car maker like Tata n Manindra has cut down their prize .
The point isn't whether EV sales can go from 1% to 6%, the point is whether EVs can compete without monstrous subsidies and Stalinist mandates.
In the philippines where im from, even the geopolitical tensions my country has with china have hardly any dent on the market acceptance of chinese EVs. With the rising costs of everything, it all comes down to price. Of course, chinese cars have been known to provide better quality materials. Only time will tell i guess.
Worried more of Indonesian...Thai make only 71 million population and we are Indonesian 277 million...Chinese ev are coming: Neta, Cherry, Wuling already or underway making factories...BYD is soon follow suit...last year to this yeat their cars price are dropping in hundred of millions...and I am Indonesian keep on watching and waiting for more reduction
Kind of late to be concerned now . Toyota has kept there blinders on and been drinking there own propaganda for a long time now.
They had a chance to partner up with Tesla in the early days and bailed . No sound at all from most of the other Japanese car makers.
most japanese cars now are providing less for more money. Build quality dropped across the board, fitting felt cheap and fragile. Features are limited, increased the price but somehow you are getting less value. In Southeast asia, Japanese auto safe bet is only the cheap and low end cars, middle class are now opting for EV for they are considerably cheaper and gas prices is expected to go up even more. On a zenix toyota still used a rather cheap camera but the chinese counterparts used much better resolution camera and 360
Toyota hs been touting their solid state battery that will never come.
Toyota is just blowing hot air in the form of hydrogen. 😢😂
THANKS VIKING
welcome