Detroit auto engineers tear down BYD's Seagull: "An extinction-level event"
Vložit
- čas přidán 5. 07. 2024
- Auto industry insiders were stunned when Caresoft, a highly regarded engineering consulting firm, tore down BYD's mass-market EV, the Seagull.
Priced around $11,000, the engineers found the Seagull to be well-designed, user friendly, rich with options, and of surprisingly high quality and reliability.
The US automakers reacted swiftly, and produced reports insisting that BYD's entrance into US car markets would be met with strong enthusiasm from buyers, and legacy carmakers would be unable to survive.
Because of the Seagull's low price point, US tariffs of 25% would be irrelevant: BYD could still make high profits even after the tariffs were paid. Or, BYD could simply place final assembly plants in Mexico and avoid them altogether. Aware of this, the Biden Administration in May jacked the tariffs up to 100%, and announced that Chinese car plants even in tariff treaty countries would be cut off from US markets.
Correction: I was wrong when I said that EV's are lighter. Apologies. I was working with three sets of notes, and the changes didn't make it over in the final draft. It was my fault. Cheers. Kw
Resources and links:
American Test Of $11,500 BYD Seagull: 'This Doesn't Come Across Cheap'
insideevs.com/news/710364/byd...
On a collision course: China's existential threat to America's auto industry and its route through Mexico
www.americanmanufacturing.org...
CNBC, Why a small China-made EV has global auto execs and politicians on edge
www.cnbc.com/2024/03/22/byd-s...
American Test Of $11,500 BYD Seagull: 'This Doesn't Come Across Cheap'
insideevs.com/news/710364/byd...
5 takeaways from Biden's tariff hikes on Chinese electric vehicles
NPR, 5 Takeaways from Biden's new tariffs on Chinese cars
www.npr.org/2024/05/14/125109...
Associated Press, Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
apnews.com/article/china-byd-...
Forbes, China’s Seagull Leads The Way In Cheap, Well-Made Electric Cars
www.forbes.com/sites/joshmax/...
Caresoft Global, company page
www.caresoftglobal.com
BYD’s new Seagull EV shocks the industry
electrek.co/2024/03/22/byds-n...
Closing scene, Harbor, Hainan Province - Věda a technologie
Extinction-level arrogance & hypocrisy.
The world is literally going through a sixth mass extinction, and the American elite are choosing profits over the well being of people. Their entitlement and selfishness is a sickness.
It's system-wide. A big part of our current problems arise from a competence or professionalism deficit. For example, you'll not find a more dramatic set of example of engineering failures and incompetence than in software. Software 'engineers' are often the most dangerous people out there, because they routinely underestimate the intelligence of others while overestimating their own. There is NO accountibility there at all; they make messes, other people are expected to clean it up. It's all roughshod and libertarian where they magically believe that 'open source' has magical power and why interoperability is paperthin. Need another dose of reality? Just listen to Sam Altman for fifteen seconds and realize just how f**ked we are with people like him allowed to have undue influence over society and broad domestic and economic policy, not to mention the implications of foreign policy that arise. People assume that people who drop out from university are smarter than they are (often they're just impatient, or have no proper work ethic), but it turns out they're just monopolistic opportunists (i.e., Steve Jobs, Bill Gates, Larry Ellison, and so on). What magnifies the destructive power of software 'engineering' failures has been the rise in MBA puppy mills, and how these people are put into place to become the decisionmaker bureaucracy. Western society is one where the mediocre (and that's being generous) rise to the top and I have no clue on how it can be fixed.
Any mention of mass state subsides at every stage of the manufacturing process?
@@timmyg44 No, but I expect the Chinese to do that better than the USA does. Actually USA does massive indirect subsidies specifically to get around accountability and transparency. But using other metrics, they can just say "who would have known this was never going to work?" If you look at the infrastructure bill, or better yet, the CHIPS act.
Democrasee an freedam cantriis niid to sankshuns dikteitur cpp. Dhey ar maek EV too cheep , so Westurn kampanii cannot eaarn moor
😂still accusing China for reverse engineering and stealing IP. Now Detroit is reverse engineering of BYD cars
I never understood accusing China of stealing IP when for the last 40+ years every industry in the US was firing millions of American workers to move operations to China for that sweet slave labor. You can't steal something that was given to you.
Hahah yes they are. Whats China going to do about it? Cry?
@@jonathandewberry289no. they didn’t. but look at what americans did? they cried 😂😅😅
It isn't "srealing" if you acquire it legally. Unlike China who don't hesitate to cyber hack their way to gaining IP and pump out cars that oddly resemble Western products like Porsche, Range Rover, Mini clones. Absolutely shameless.
The Americans accused the japanese copying their lousy Ford back in the days when japanese cars were more fuel efficient, poor losers alright. 😂😂
They are doing what Henry Ford did. Making electric vehicles accessible to the masses.
I’m afraid you are correct. The BYD Seagull could be this century’s Ford Model T.
INDEED
The United Soviet States of America will soon realise they can only afford Trabant, Lada and Zil like cars made by state own GM or subsidised Ford 🤔 and for twice the price than the VW / Toyota's of China (BYD, Geely, Li auto, Nio, Wuling, Xpeng etc...)
🧐
Ford supplied Hitler’s planes tanks & fleets - he got the highest Nazi honour “the golden cross” cuz of course
ford is now the 3rd most subsidised company after Boeing & intel
By banning competition 😂😂😂😂
Everything in this video is a repeat of what the newspaper said about Japanese cars in the 1970s. At first, Detroit made a lot of complains. The Japanese wages were too low. The Japanese manipulated the Yen to depress prices of their exports. All kinds of excuses. When Detroit stopped complaining and studied the issue seriously, they found that the Japanese automobile industry was a completely different industry. Their Just-in-Time system was completely different from anything anyone in the US ever heard of. Toyota was producing cars at 40% lower cost and a different level of quality; Toyota was designing new cars at less than half the time and cost it took Detroit to do so. That was an extinction level threat.
If you replace BYD Seagull with Toyota Corola in this video, you have a perfect description of what happened in the US automobile market of the 1970s. If the US automobile makers want to survive, they better stop complaining and start studying how BYD make cars. They need to copy whatever they can.
We already know the answer: American car makers were NEVER able to replicate japanese car quality, they only survive because of protectionist laws in certain segments of the market.
I think it will be an impossible task when it comes to EV production because the chinese dominance in rare earth mining and battery production. It will simply be impossible to compete on price no matter what they do.
The only way will be to out innovate the chinese and produce cars in a more up market segment but that seems highly unlikely looking at todays american youth and american culture
The problem is, automakers have to first have the humility to admit that the Chinese are doing it better. Then the learning can begin.
The American automotive industry is too lazy. Research and learning are no longer the first options, and car companies prefer tariffs and trade wars to avoid exporting Chinese cars to the United States.
@@randomaccount598 out innovate when the cars already start at $47k - these guys are ridiculous!! Finished before they start - Ford, championing “choice” has three EV models - I giant cargo van, F-150 and Emustang the lowest price $47k and mustang cannot tow anything
In the US, there are three major living expenses that people spend their paychecks on: 1) housing 2) healthcare/insurance and 3) transportation. Of these three major big ticket items, transportation is the easiest expense to control; hence, buying used cars is very popular. However, in the last few years, used cars have become expensive, and with the higher interest payments, people are now averaging ~$1,000 a month in car payments. A cheap and safe car could be life-changer for millions. The payment for a car priced at ~15K vs $35K car could be the difference between living paycheck to paycheck and being able to save a little for a rainy day.
We are having a housing crisis, healthcare crisis, and transportation crisis. The Biden regime is actually making all crisis worse.
Lets not get started on the racket that is medical "care" in the US.
I feel you brother. Greetings from Iran
@@glorgau And BOY is it a racket. And they're trying to push it north into Canada.
The mobile and WiFi much more expensive than China too , plus bad services
Warren Buffett was smart to invest in BYD.
$270,000 investment which today is worth an estimated $8-9 Billion..Warren and Charlie can thank Li Lu for his advice
He already sold a large chunk of it
@@Kazahara613 Yes, he mentioned that it was because of geopolitics
The problem isn't just the auto manufacturing lobbyists, it's also lobbyists for the auto dealers, banks and insurance companies; they are all making a killing on wildly overpriced vehicles, and the last thing they want is smaller pieces of pie. Lobbying is corporate fascism.
My friend tried to buy a MG BEV here in Australia. The salesman spent the whole time trying to convince him to buy a hybrid. Auto dealerships hate Tesla and EV's in general because they require so little servicing and maintenance.
Why not buy the Tesla, then?
You seem to have left out Unions.
I'm not surprised that these Caresoft folk found the BYD to be a quality cheap vehicle. I've always thought the Chinese cars were better than people thought for a while now. I got a C class Merc about a year and a half ago, the same time my colleague bought a Chinese model car. In the past 18 months my German car has needed costly repairs at the workshop 3 times, one time going in for 6 weeks while they waited for a part to be shipped into South Africa from Germany. In that same time frame the only time my colleague's Chinese car went into the workshop was for its scheduled service. He dropped it in the morning, picked it up on his way home in the evening after work. If we were to do a quality assessment I know who would win, and it certainly would not be the German car....🤐
Except for that Tesla can compete. But that doesn't make the current government and their media happy!
You buy German for premium look and feel but not for reliability.
😂😂
@@larsnystrom6698 Tesla cannot compete at all, proven by their continuously declining sales. Compared to a Chinese EV, Tesla designs are dull and boring, quality is inferior, features are very basic, yet cost way more than a similar Chinese EV.
Why do you think that is, contrary to what Western LIARS are telling you the Chinese market is DEMANDING and its so big nobody wants to get a bad name meaning quality for internal brands is of the highest importance and competition is high, there are many huge brands here competing and they all make high quality cars. These cars you are getting come from experience in testing in one of the worlds largest markets and EVs have around 50% of sales now in that market and growing fast. The cars you are getting come from pure experience, quality control and a refined process of building and managing the products. They are better than anything else on the market because of that alone. Same with DJI, same with Huawei, these companies have HUGE markets, vast wealth and high demands of quality. You're being lied to and screwed over by your own Governments. Youll notice the shareholders, owners and CEOs wont be taking any hits for the survival of the companies, no, its very simple BLEED PEOPLE DRY to maintain profits high.
those who think chinese made products are poor quality are very ignorant
Yeah, a country that can put a probe on the far side of the Moon and build its own space station without external help can surely build ultra high quality stuff.
Especially the Indjans. They were criticizing Chinese cars like tofu. But what brand of cars have they built export to the world?
@@darkzeroprime5176 Didn't you notice how they word the 'executive summary' ? ---- BYD's Seagull is *_"simplistically designed, engineered and executed"_*
They manage to showcase their own arrogance
You'd think after going through the exact same thing with the Japanese and Koreans, they would've learnt from past mistakes
Chinese!!!
You may find,he American medias'main task now is to discredit EVs. Since it is impossible for American to catch up
They should discredit solar panels and wind too lol. Oh also discredit SMR small modular reactors which uses Thorium. All made in China
You may find, handful of corporations actually hold shares in most of the medias, the very same ones that hold shares in most of the social medias, movie companies in Hollywood, and also, automobile manufacturers in the states.
Since when did "the American media" become Pro- American??
Since when did "the American media" become Pro- American??
Since when did "the American media" become pro-American??
These tariffs reveal two things --- first, and not so important, the US has a double standard when it comes to trade; second and more important, the US is weak and cannot compete.
Back before all the manufacturing from the west moved to China we had tariffs to protect manufacturers and their workers from the low wage economy of China. If you want a real comparison of what BYD can do let them build the same car entirely in the US playing by the same rules and paying the same wages and other expenses as the US auto makers. If Tesla can have a factory in China I don't see why BYD can't have one in the US.
💯✅️💯✅️💯✅️
China’s idea of free trade, “gives us decades worth of IP if you want to do business in China, then we’ll dump product and wipe out your industry”
China blocks every tech firm from entering China. So what double standards are you talking about?
US has double standards for many things, not just trade.
BYD is a market disruptor 😂😂😂... America seems to have forgotten how free market works...
Free market is dead in the west
Only free market when they were leading or captured your oil
@@lohwencheun552 When they sell fxxking drugs
Oh it knows and it’s known for centuries.
Free market and free trade was Ronald Reagan. Ronald Reagan has been replaced by MAGA.
American government isn’t about making sure that Americans can afford EVs
No they make sure you stay poor so their money master can control and enslave every one
@@donkeykong516 It is about the UAW
The lobbyist are more powerful than the people. The people have been enslaved.
It’s about protecting the auto industry elites and their lobby aka cash
That government belong to the era of cassette tape players.
BYD is skyrocketing here in Brazil.
1 - BYD is opening a Fab in Brazil, so the costumers knows they'll have national part supply for decades.
2 - Price is extremely competitive for the level of features embedded, If you want to enter the EV world, why would you buy an extremely expansive Tesla?
3 - BYD has a localized campaign, they are not just a big brand that hopes they'll sell anything to South Americans.
4 - South Americans are feed with Americans and Europeans, brands overall. The Americans and European brands used to bring new technologies to Brazilian Fabricated models years after these technologies being implemented in the US and Europe... Basically, they were used to sell the overcapacity/ old tech to us at a premium price, or the same price it was asked in the US and European Market (old tech is always cheaper, but we had no choice, now we have 🙂)
5 - We don't see China as a treat, as the "West" want us to see... Last month, US sent an Aircraft carrier and a Navy General to our country and this General said we shouldn't increase trade with China because China is a treat ... a US General, Saying this in a f***ing Aircraft carrier 😂 😂
Yes, it is the first company that decided to sell a high quality car for a fair price in Brazil.
Do you mean 'threat' when you say 'treat' ?
Same here in Thailand.
U are right😂@@abraxalito
You are forgetting the bit where massive tariffs are imposed on imported goods coming from Europe and US so what you always got was a consequence of that. So blame your government not US and Europe. The Chinese are making the cars so much cheaper that they can afford all the niceties you are experiencing. If you don't fear the Chinese, do so at your own risk. It's an autocracy used to playing the very long game and people keep forgetting this.
I bought one here in Brazil. This car is amazing! My Jeep Compass is getting dust in my garage b/c nobody here in my home wants to drive it anymore. After using it for two weeks, I went to use the Jeep. It looks like a wagon! Hard seats! The technology in my Jeep looks like what the Sumerians used! CEOs of traditional automakers and auto parts are sleepless. Let them fight!
Can I ask how much you paid for the Seagull? I read in news that Brazil has already upped the tariffs as well?
@@MrMingsyin The problem with any car price in Brazil is that the government tax at least 55% no matter what. The BYD Seagull, named Dolphin Mini here, is selling for about U$19.000 after tax.
But we are used to pay even more than this for trash from legacy auto like GM, Ford or VW. The Brazilian GM Onix which some years ago got zero on a crash test have a higher price tag than the BYD Seagull and offers almost nothing of comfort, technology or features. BYD is really shacking Brazilian market and making legacies wake up. Petrol industry, auto parts industry and ANFAVEA (car's manufacturers association) are lobbing congress to apply a immediate 35% tax on Chinese EVs.
the Sumerians used!🤣🤣🤣
@@JRSGandara $11,000 (the price Seagull sold in China) plus shipping and 55% tariff, it's still competitive an amazing. Thanks for the update.
Just a matter of fact, Sumerians use higher tech than us. Just saying.
There’s no tariff on imported EVs in Australia, and Tesla already had to lower their price by $20,000.
"Tesla had to...."
You've never read the 2006 Master Plan?
The part about reducing prices?
smh
@@rogerstarkey5390 Australians often hear about potential price reductions, however it's always a surprise if any of them happen. Was the Tesla Cybertruck part of that masterplan?
Goes to show how high the markup was
Well of course there is tariffs in Australia on cars, drum roll. Currently, there are no cars being completely made in Australia.
@@Scott-ig1zd you are 100% correct. I mistakenly believed another source that said there is no tariff.
America is a last century museum in real time.
Yes
The Europeans (including the Americans) still hold the 500-year-old idea that they are much superior than the rest of the world
Then why does China steal our tech and everyone else's
the last empire.
Sadly, you are correct.
Chinese engineering is actually pretty good. They can produce very cost effective products that people want.
... with the exit of Chinese graduates from the US Tech / Sci disciplines back to China & the very hostile attacks by elected US officials against these people, clearly shows how negative & toxic the ' china ' narrative has become within the collapsing western hegemonic empire led by the US ..... China is light years ahead of the world on many fronts ... engineering is but one small stepping block. Medicine - Robotics .... now a reality.
China will make what you pay them to make, if you want quality products, they will make quality product and it will come with a cost, but if you want cheap products they will make it too, but they won't be of quality. You can't have your cake and eat it too. 🤷
@@superkd7030 That is true. Not everything made in China is cheap.
I don't think Chinese products are cheap in terms of quality or price.
More Chinese companies are producing their own brands, which can compete with international brands these days.
From my experience, you can get the following from China: Good, fast, cheap...pick two.
Great, got 1 Billion Chinese, that bigger market than all of North and South America together, sell them EV's to Chinese.
When you have to tariff and ban your competitors products cause they're better and cheaper, you've already lost.
Exactly. The US auto industry is already dead, they just forgot to bury its corpse.
LOL, Commies who keep their own market closed to foreign companies and products on equal trade practices are preaching free markets ? LOL, That's so rich I will leave it to the net.
of course, china doesnt charge any tariffs to any american import 😂😂
"Free trade" and "fair competition," American-style. 👍👍👍👍👍
I'm unemployed. I have to make a living, I'm driving for Uber and looking forward to buy affordable EVs car to use. F the politicians and overpaid auto workers.
Our rulers think we're still paying too little for everything. 😢
Israel
There is a Brazilian Uber driver who said that when he bought a BYD car to drive, his income went up 80% because he saved so much on gas.
I'm not sure that blaming other working folks will helo anything, except maybe the corporate bosses.
thumb up, you WILL NOT WANT TO F the politicians...as you will get yourself DIRTY, what you
can do... is simply this....STOP VOTING FOR THESE LEGALIZED LIARS...REGARDLESS OF
PARTY !!!
American citizens need to Clean house in Washington and bring America into the modern age of "sensible thinking"
Sadly it's not going to happen!
@@vc4510agree. 😢😢😢
Too late. The Empire is falling.
The problem in America is the people, Washington is a reflection of the voters. America did this to themselves. The only escape route is education.
All our government cares about is companies. All companies care about is themselves and making money. Our country is doomed if this does not stop. Selfishness and greed will continue removing our rights and freedoms if we do not change our direction.
Blocking Chinese EV out of North American market only means Detroit will fall behind further and further without competition. Only Japanese and Korean benefit from this tariff.
So does the "Biosecure act" to China CDMO, US don't gain competitiveness but Japan, Korea or EU benefits from it
There are reasons for that and Korea and Japan are friends of America as part of it.
@@ALWH1314 US sanction Japan late 70"s then sanction Korea late 90's. 😂
Tesla will absolutely be THE main benefactor of Sleepy Joe's tariffs.
@@palirvin1871 Korea and Japan are owned by the US. Not "friends'
Tariffs are like grace marks a failing student needs to pass an exam. That makes you more incompetent. The world is watching and understands
100% tariffs equals intense fear, especially after Detroit/US government says we all have to buy $70k--$100k trucks and SUVs because NOBODY wants a cheap small car. Collusion and lies. Normally they would open an anti-trust Sherman Act investigation but the US government is in on it. As a previous commentator said...F...k the failing US automakers and the overpaid autoworkers.
Too big to fail. Socialism for the rich.
Stating the obvious but 💯 correct
Dude. The United States is the number two manufacturer in the world with the highest GDP in the world. We are far from incompetent and we could not care less what the world watches or what the world thinks.
WTO rules are that tariffs can only be a 25% maximum. USA has broken WTO rules
Don't you know by now the US doesn't follow the rules?
As much as china made it's own boundaries in the sea 😮
@@Antiquated-Ether Same as NATO expansion then
The US only implements rules when it benefits from them.
@@Antiquated-Ether why are US warships 10,000 miles from America patrolling the South Chinese Seas?
Toyota and Japan have failed miserably for not adopting Nissan's lead in BEVs well over a decade ago. Today, China & Korea have surpassed Japan in every BEV metric.
Japan wasted its effort on the Hydrogen autos which would be more expensive to run even if it succeeded.
@@laowantongchau Partly true, and Toyota did not spend enough on how to produce hydrogen cheap. China now is having Hydrogen Buses and Locomotives for export. But the import country has to consider to get a Hydrogen facility too 😁
Nissan's lead - two words I never expected to go together when discussing Toyota 😂
@@laowantongchautrue. The only place you can get one is California, and it's limited.
@@IaintTheHerb Toyota is failing miserably on many fronts. It may be all downhill from here...
For $11k even at 100% tariff level, bring them on!!
Yes, I believe these cars will start appearing even with the full tax.
The tariff is only the tip of the iceberg, there will be a whole lot of political risks for BYD in US.
The Cars need to be adjusted to US specifications and they will cost $15 K each. After 100% tariff, the cost will be $30 K each.
Still less than $40k+ 'US' cars, and the markup on top...
It’s impossible to even ship them much less put them on the road. I tried before the tariffs. There are a lot of regulatory barriers too. The tariffs are largely symbolic because the biggest hurdle is regulatory burden.
There are too much pork barrel in the American car manufacturers.
Chinese manufacturers are really good in cutting cost.
I once met some Chinese executives flying economy to Africa.
Most western companies executives will fly business class.
Pork Barrel is the mainstay of the American society
From politicians to corporate tycoons, which one doesn't rely on Pork Barrel ?
Economy and business class is not that much different. Flying in a corporate jet, that is a big difference.
@@Tchild2 Like when the CEO's of the big 3 from Detroit flew in their individual private jets to Washington to ask for a bailout.
BYD’s owner is living in a 2 apartment unit still
Humble but with dreams to produce top quality cars which affordable for the grassroots people , that is where build your dream comes from 👍👍👍
*It would be nice if I could buy a BYD car in the USA*
you can buy a BYD bus in The States though
@@pyrophobia133 Too much money and too big to park on the driveway.
Why don't you change your government ?
I mean, USA is supposed to be a *_Democratic Country_* , right ?
NOOOOOO ! - Biden
@@verypleasantguy
Wait 12 months.... It may be a dictatorship in all but name.
America would say they stole US technology 😅
Now the US automakers say they need time to catch up!
They can't say that anymore because no other company in US offers this level of technology.
@@coliv2 Tesla can but not at their pricepoint.
"Detroit auto engineers tear down BYD's Seagull" study and copy, time has changed, America copy China - steal too. who is best at lies, cheats, steals....
Why can't the Americans reverse engineer Chinese technology? Or is it to difficult.
The extinction-level event is a very good analogy. If we allows BYD to sell seagull in US, the impacts are not limited to US auto makers, the auto insurance companies and auto shops will go crazy as well. There is no need to repair a seagull after accident. Replacement is cheaper than repair. The insurance premium should be lower. The auto shops will have fewer cars to repair. The auto part industry is not be able to sell quite a lot of inventories of old auto parts. The car dealers will make less money because the seagull is far cheaper. DMV will lose revenue of the lower property value of Seagull. The gas stations will lose revenue because of less demands. US is not ready for such swept changes, thus extinction-level event.
All the above form part of US GDP, on which debts are being issued.
I am all for shutting down the entire auto industry in what is presently known as canada.
Well, the US wasn't ready to get rid of slavery. It took a war to blow up that economic model.
that's why there is no more dinosaur in the world 😢
Good points! And I hope we do have this radical change.
USA ought to simply cooperate with China. Import the cars & re-charging stations & allow it all to be built in USA. This would create jobs, teach these advancements to a new generation of producers & put USA back on track.
No because of wolf amendmant and chinese exclusion act of 1882
They do. Does the cadillac lyriq look like an american car? Not only made in china but designed too.
No thanks, the belt and road is a mess
40 years ago China welcome foreign car companies to produce and joint with China car company , then they learn from west, and now they can produce even better cars compare to the west?? why not US and Europe do the something required China to be making cars in US soil and Europe nothing wrong to learn from each other??!!
Lots of jobs for insurance agents and fire-paramedics.
Because of the Seagull, I made a study about off-grid fast charging villages in Africa to have a fast charging infrastructure all over Africa.
This car will be in direct competition against used European cars in Africa.
Used Japanese cars.
In Africa it takes bribing just a few politicians to make them shut the door to EV's.... Anyway I hope that won't happen. BYD Dolphin sells for $28,000 in South Africa, including 25% tarrifs
Charging villages nice idea 💡
Should also be implemented in china,india,latin america not only in Africa like Somalia then green technologies will available easily everywhere whereas u.s and west will be lacking behind.
Rediculous price. Who is going to pay that kind of money for something you only use around town. Also the cost of electricity is astronomical here.The amount of taxes and surcharges in South Africa is criminal.
@petersmangalisongoma2013 we dont have jewish lobbies like eu or usa so no. Did you see what happed in kenya? We are not like you.
Tesla & Musk are EXTREMELY grateful for Biden's tarrifs on Chinese EVs. 🙏🙏🙏🙏
Pay more attention.
"Tesla and Musk" have a very clear opinion that ALL tariffs AND Incentives should be removed, for EVs AND Internal Combustion Vehicles.
@rogerstarkey5390 ...sounds like you believe everything Musk says. Sad. You've drank his Kool-Aid.
Tesla still sells very well in china, unlike any other foreign brand
@proximoAZ Not lately. Tesla sales are currently tanking in China with the debut of fantastic, fresh, new EVs from a plethora of local Chinese brands, which offer so much more innovation. Teslas are old, played-out and lack any innovation. Ditto for Apple and their iPhone. Both companies lack any meaningful innovation of late.
@@craigslistseller9354I think you get your information on Craigslist - you couldn’t be further off the mark about Tesla.
$11k for an well built EV car. While I just paid $90k for a American made window storefront. Something wrong in the US.
Why would you do that, and not buy a Tesla instead? Bigot, someone?
Yep, highly overpaid management and CEOs.
Face it, the US can't compete, so they act like Tonya Harding 😂
Hehe.....didn’t she go to jail? 😂
Perfect analogy, brilliant!
ha, kind of revealed the range your age.
Why me?!
China can assemble cars for US market in their Thai factory. US does not tariff Thailand 100%
Then US do the same to thailand as to china and thailand will tell china to get out just like UK tell china.
Won't make any difference, just tariff the company
U.S. will change the rules to target loopholes that try to escape tariffs. We still have an overcapacity of lawyers here in the U.S.☺
@@randygraham926You would need to change the gov if it is against the interest of people
@@randygraham926Thai government will definitely retaliate if they do that.
I would want a BYD Qin L 2000km+ range hybrid!
No tariffs have been imposed on hybrids. YET.
Taxi drivers will be interested. 2000km can only be acheived in city driving and minus all those creature comforts such as air con and avoid highways and high speed driving otherwise you be looking at less than 1500km.
@@cuteandfunnyearthlings2863 Not true, they road tested it with full air con and still got over 2K!
@@cuteandfunnyearthlings2863 I believe that the air con will still get you above 1500 range.
@@cuteandfunnyearthlings2863Aircon set to 24 degrees celsius can still get you at least 2100km on full charge and full tank
This sounds like it would be perfect for my daily commute.
BYD invests into R&D, GM just announced last month $6bn of share buybacks. What GM is doing is like a breast implant to make it artificially looks good.
This is what bailing out the incompetent gets the U.S.
A productive economy needs to move quickly and cheaply.
It's been very easy for China to ascend given the lack of true opposition it faced. The catastrophic absence of thoughtful leadership on the part of Western elites is mindboggling. You don't see any, anywhere. Not in business, government, media, academia or even religious institutions anymore. This is why I joke we need to bring back Pol Pot because he understood the threat the professional managerial class can become. In our case, have become.
I love the tariffs. Thanks Biden.
Extinction Level Event. Well-said Kevin.
I farm fruit in Spain, if my Chinese equipment vanished I could not continue, if my American possessions went, I would just need a new banjo.
A Chinese one.
The fundamental truth here is that China is able to learn from America but America has learned nothing from China, ergo -- humility pays.
Cheap efficient transport is the foundation of any economy, and wherever the Seagull is available the economy will improve.
BRICS nations will prosper disproportionally and their numbers will grow, not through warfare but by simply doing things better than the competition.
The American infrastructure is as decrepit as its president, and its economy is a hollow joke --- as is the dollar.
You couldn't have put it better. The US is following in the same footsteps as the British, last century. Their arrogance and hubris has led them to complacency, just like it did with the British. Their focus on shareholders rather than customers, their reluctance to invest in plant and their abhorrence at investing in their people is exactly what the British did. The irony that the Americans took on the British at their own game and won only to lose all by following Britain's path into the abyss should not be lost on anyone.
I would say that you use Chinese equipment because the cost of American is out of reach. John Deere and Caterpillar are advanced equipment and priced accordingly.
@@londen3547 Cost isn't a factor with me, but quality certainly is, and I´m impressed with the reliability of my farm equipment, the lovely tone of my Chinese tenor sax and the build quality of my double bass and ukuleles. The only export of American origin I notice is Coca-Cola, which works very well as a toilet cleaner.
@@kerryburns-k8i Interesting. I was under the misapprehension that Coca-Cola was a beverage but couldn't understand how anything that tasted so bad could be sold as a drink. A toilet cleaner? That makes sense.
@@rais1953
I have noticed that it is popular with those who have not yet reached a high enough level of awareness to know which way round to wear a baseball cap. Also highly favoured amongst the morbidly obese.
Two huge markets there, and cannon fodder for Big Pharma.
For the sake of balance, I should add that Coca-Cola tastes better than most toilet cleaners.
For people who claimed Chinese EV are heavily subsidised by Chinese government or else they are losing money, I am very certain that these people carry with them the anti China attitude and I have only these words for them. If you really think that the Chinese EV are subsidised by the Chinese government in order to survive and you hated the Chinese government so much, then you should encourage all people around the world to buy Chinese EV so that the Chinese government will bankrupt by it.
Good suggestion. Buy more Chinese EVs.😇😂😅🤪🤣
Seems to me that every country has helped there auto industry one way or another. Those people raising the point about government help just need to shut up. Everyone has done it, and continue to do so in one form or another.
the us automobile industry is fat on corporate handouts.
corruption at the highest level
And then the US accuses Chinese companies getting government grants. 😅
@@laowantongchau Do as I say, but *_not do what I do_*_ !_
In US corporate most important is to get fat salary & bonus for CEO and shareholders . meaning more expensive products...
The US government didn't realize that not everyone needed a 50,000-dollar pickup truck or suv.😅
Don’t tell me that we’ve come to reverse engineering the China EV to understand how to make a better car.
That would be stealing China's technologies
Don't worry. Be happy. Carry on printing.
There are two commercial forces in any economy; one allows choice the other is coercive. Despite all the brave talk about competition, the USA is a protectionist society.
So is China.
@@incognitotorpedo42no, it is very competitive.
@@incognitotorpedo42China's protection is in accordance with WTO rules. Rules set by the USA who founded the organization
@@incognitotorpedo42 China's protection laws are based on WTO rules. Rules set by the USA who founded the organization
Once again panicking politicians looking out only for themselves ‘closing the stable door after the horses have bolted’
UBS prepared a similar report stating that BYD manufacturing costs are 25% less then average EU auto manufacturer... No escape!
BYD has over 40,000 patents, and they apply for ~30 new patents every day. So they can't stop them with Sanctions. Huawei have taken a similar path. Ownership of the technology leading edge.
Persons in Congress should wear the logo of their sponsors like NASCAR drivers do.
They could convince Japanese Manufacturers to open factories in the US back then cuz Japan is basically a vassal at that point. But China at this point would take a lot of incentives. Mexico is friendlier in comparison.
BYD already announced to built two factories in Europe. So they know how the play it, it's just the US will not want that. And the US has a bad record to sanction without proper reasons. Nobody wants to invest in a country where you can't trust to lose the investment due to minor political turmoil.
The funny thing is that large manufacturers in America like Boeing once had some level of vertical integration but they split things out in order to instigate bidding processes. These seem to only exist to enable additional corruption and graft.
An especially gross side-effect of this split is that you now get Procurement departments now (almost always) choosing the cheapest bidder without actually knowing much about what it is that they are buying, which makes a bunch of upper managers look good... until things go wrong and "it's the vendor's fault". You get your budget and a perfect excuse for not achieving anything significant with it. As an upper manager, you can always switch jobs while this goes wrong, and you won't ever be held accountable for such a sterile strategy.
Opportunism (from Transaction Economics) meets the Peter Principle and "the Invisible Hand" (:
For starters, Chinese home ownership is above 93%. There's virtually no homelessness. Chinese autoworkers are well paid, well fed and take vacation abroad.
Actually I have heard this last year, that quite some Uni graduates are very interested in getting a job as engineer in companies like BYD, and technical school graduates also would like to be an autoworker. BYD is like a new trend after Huawei.
there aren’t many auto workers in the Chinese car factories because they are highly automated and robot operated. In one of BYDs giant assembly factories there are only 40 engineers to maintain the robots.
@@junizhao actually BYD build almost everything in their cars themselves, so you got some branched factories that are still not that kinda automated, which still need workers in manufacturing lines, who are manufacturing car parts.
And they have a high savings rate unlike Americans who piss away every cent.
Too much paranoia. The Yugo did not put Ford or GM out of business. But US automakers do need competition in their faces to force improvements, not tariff crutches.
Congratulations on surpassing 40K! I started following you when you had just over 10K followers.
There is another CZcamsr, Jason ( CZcams channel: living in China).
I began following him when he had only 10K+ followers.
Now, he has over 450K followers and is soon approaching half a million.
You are even more informative.
You are that good!
He’s in it for the views and money so he can travel in China and tell us how great China is he should become a Chinese citizen see how he feels then lmao 🤣
@@thescharm454 It is not easy to become a Chinese citizen unless you have been in China for a long time via family unions or work achievements (such as a Nobel Prize).
In his case, it is almost impossible to become a five-star citizen (equivalent to a green card).
Who is a quality CZcamsr that is not motivated by money?
P.S. There is no doubt in my mind that he is an American patriot, always thinking of American interests first.
He says, “Good morning,” and yet posts at night (USA time, morning) in China.
His target audience is Americans.
That is acceptable as long as he is not spreading lies or twisted propaganda out of context against China, and Chinese people.
Many CZcamsrs, for the sake of money, spread lies and twisted propaganda out of context against Chinese people and China. They are pro-colonialism and imperialism. (Post-colonialism and post-imperialism are just other forms of colonialism, imperialism, and oppression).
@@hongkongchina2048 I don’t know the man just seems everything posted is pro China I believe we are as American asleep and we have lost our way which made us great manufacturing etc ….. but he never say the USA should do this or needs to do that it’s mostly just how China is eating our lunch which honestly is true in many ways
This is insanely amazing. Who can complain about the Chinese regarding freedom of speech, Imagine a Chinese sitting in the U.S. and doing Chinese propaganda against the U.S. like the honorable gentleman is doing what the Americans would do to him, Second, who is the copyist, when you have a company established specifically to disassemble the imported vehicles into components and check how they are made, So in the end, most of the American technology is patched or, in simple language, stolen from non-American companies, And in the end they blame the Chinese for copying.😂😂😂
US auto industry took off when Henry Ford made great cars for a cheap price. Stalin banned the film Grapes of wrath in USSR, because Russians could see that even poor people could afford a car in America. BYD is allowing US citizens to relive that dream, whilst feeling good about the planet.
Makes me think of how Temu is going to put Amazon out of business. 😂
The success of a nation is decided on the consumer level. What matters is how efficiently the need for clean teeth can be met, not how great the profit margin of the toothbrush producer. This is however anathema to any society that's bought and paid for by said producer of toothbrushes and every other enterprise set up for the benefit of the few. It is truly fortunate there is some competition on the national level still. Or we'd be stuck with a bunch of corporate no-gooders growing increasingly entitled while they enjoy the unparalleled profit margins provided by them doing less for more.
Thing is, the existing toothbrush makers are producing their toothbrush with chicken feathers, while charge you an arm and a leg for their toothbrushes, and *_still_* expect you to continue using their chicken feather toothbrushes !
There are a billion people in China and that is more market size than all of the Americas, sell all those wonderful EVs to the Chinese public, Chinese don't need to sell EV's to foreigners, patriotic Chinese should buy them. If ever Chinese family buy one EV that would be like 300 million EVs buy by Chinese, don't let foreingers have our superior EVs Onlyh Chinese should have such wonderful things.
as soon as the US started to build some cars a couple of years ago, government, unions and others started asking for 10-20-30 % pay rises... here you go the results can be seen
The US new car (excluding trucks) is now less than 10% of the global new car market. The Chinese can now largely ignore the US market and sell their cars into other markets.
The other option is to set up EV assembly plants in Mexico and supply Central and South America from Mexico while waiting for the US to change its tariff policies.
Great video. In terms of whether it occurred to the people in Washington. I think that it *did* occur to them. They know very well that it's a good car for a great price. Hence the tariffs. If anyone still believes that TPB have our interests at heart, or work for *us*, needs to have their head examined.
This is one of the best yet!!! 💯🎯
10 years ago worldwide legacy autos saw this coming, they all had their head in sand in favour of making shareholders happy.
Now they’re crying.
Next = government bail outs
And accepting handouts and bonuses for the CEOS because they are too big to fail!
FYI in Colombia a BYD Seaguill starts at about USD 20K.
I was recently in China and when I asked a group of my relatives "what car brand was the best for the buck" they unanimously stated BYD." Alas, we in the US will not have that privilege and would prefer to buy far more expensive and qualitatively inferior US made EV's. Thank-you Congress and Biden for your wisdom and common sense. Yes China can make sophisticated, well-made quality products in addition to stuffed animals and tennis shoes!
US politics is rigged. That's why the politicians smile at us and lie to us all the time. They don't care what the people want.
I was in China last may and I was in a taxi and watch the traffic around me BYD cars means build your dreams then on back of the car I see Build your dreams in English very smart Chinese people enjoy showing off English words all over highways exits are Chinese and English
America needs to learn how to run their country and stay ahead. Auto manufacturers should not be obsessed with only profits. Stop funding overseas wars and interfering in other countries. Concentrate on internal problems
I'm a US citizen currently residing in Shenzhen, and the BYD cars are quite prevalent here and are quite amazing! Even the all-electric Shenzhen taxi service fleet are all BYD wagons, safe, efficient, and comfortable.
The current economic problems are what you get from the American solution: Capitalism combined with neo liberalism...more billionaires than anywhere else and a disappearing middle class.
As of 2024, China has more billionaires than the USA. 814 vs. 800.
I would love a clear summary of how, and to what extent, the Chinese government is subsidizing their auto industry. It's repeated over and over but I never hear any concrete details.
@jptrainor why don't we do the same. We spent trillions in wars? The elites and their puppet politicians don't give a F about the ordinary citizens.
When the US does it, it's called Investments. When China does it, it's called Subsidies. 😂
Tesla was subsidized 4.9 billion USD. Look it up.
Let me give you a good example about what the US says when it pretends to criticize (which is legit, when it is genuinely ‘criticize’) other countries while in fact the US is bashing others with made-up stories: Saddam Hussein's Weapons of Mass Destruction and Colin Powell's vial of detergent powder at the UN Security Council session and the subsequent 2003 invasion into Iraq by the US and the UK forces and then the occupation for more than 10 years by now, and still nowhere for the WMD to be found.
@@FallenLeavesBackToRoots Fact is, the Chinese government has cut off all subsidies to the EVs
They may still have some deals between the provincial governments and the car makers if they want to build their giant car plants there, and those deals typically involved cheap land, fast government approval for building construction, looser environmental regulation, and such
But then, those 'deals' I mentioned above happened to be *_similar to the deals American local and state governments give to corporations looking to set up factories_*
Excellent video. Thanks for sharing
Great update mate, have a good day and be safe in all you do,
The LFP battery technology that CATL and BYD use was actually developed at American and Canadian universities in the 1990s. They tried to commercialize it but no American company could make it profitably. So they gave the Chinese an exclusive license for about 15 years to develop the technology further. The Chinese spent billions to improve the tech and now the range can exceed 500 miles per charge in the CATL Shenxing battery. Lost opportunity for America
No, no, no... They "stole" it... is what you will hear more and more when public learns about this.
@@sonayyalimyou keep telling yourself that mate
@@Mike-bc7xv I think you misunderstood my message. They just can't come to terms (thanks propaganda) that Chinese engineers can innovate just as well and make breakthrough achievements.
@@sonayyalim oh yeah that makes sense
Sounds like the same story with solar panels too
Just bought an Ora to complement the Tesla I already own. Brother in-law got delivery of a BYD Seal and it is superior in every way to my Model 3 Dual Motor.
The Ora beats Tesla too?
I live in metro - Detroit and no one is thinking about this . Just bizarre and a lesson on how total ignorance begets total ignorance. I'm reminded of the movie " Don't look Up "
Thanks for your great channel. I've watched a few of your analyses now. Top stuff!
I guess if we want to talk about junk auto manufacturing, American manufacturing is at the top of the discussion.
USA is not the first to tear down Chinese EVs. Japan did it much earlier.
Reverse Engineering.
Yes, asahi shimbum.
A printing company.
They have printed a book about it, on the tear down on BYD ATTO 3.
Cost of the book is 700 USD.
As allways, good, intressting andclear.
And as usual, thanks!
Excellent reporting, thank you!
I want an Avatar!!!
Finally an intelligent truthful message about BYD. If the west (usa trump era) would stop being racist for a moment they'd see that the Chinese are and have always been about maximum efficiency, caring for their own (modern era) and generally a peaceful nice life. They do not ask for drama. BYD is the living embodiment of Chinese ideals. The sanctions reflect the western ideals. Huge profit margins. 1% vs the 99%.
What a beautiful view in the background. You present this well. It makes much more sense to let companies compete so that those who are best able to offer what people want are able to do so.
Great post as usual
Paying $50,000 for a new car is absolutely out of the range of most people. But it is the game that American consumers have been caught up in for many decades.
For those who can, I’d advise Americans to drive to Mexico and buy a @12,000 BYD car there and drive it back.
Just keep your car and repair it.
Affordable is not something politicians want to hear these days. Dominate the markets is what they want and they'll make sure everyone suffer along with them if that means sky high price on everything in the West. China just need to keep doing what they are doing because it works for them. The effect is already felt over the world.
Loved your last line.
We are all waiting for Seagul in Australia. No need for safety upgrade as the more smaller cars are replacing the killer 4WD/Utes the safer & cheaper for everyone ;)
"Threat to US auto industry" When do we have an auto industry that makes anything decent? Oh maybe back in the 60s...
Even with 100%tariff this car is cheaper than every gas car in America. And it has a longer range than any gas or hybrid in the US even if you assume it can only achieve 1500 km.
It's China’s enormous economies of scale that result in low cost but high quality products
Fredrick Taylor would die laughing at American companies😂😂😂😂😂😂😂😂
If I can't buy a new BYD in America, then I will not buy a new American car at all. I would rather just keep driving my old cars and make repairs.
If Ford and GM can't deliver me a comparable then I will not support them at all for this lobbyist protectionism.
Will or can Detroit actually LEARN? They don't appear to - after encountering the Japanese automakers products back in the 1970s-1980s - and persisted in producing huge, heavy, gas-guzzling behemoths at high ticket prices right through the oil crises when gas prices began shooting through the roof. American housewives were looking for small, compact, lightweight, easy to handle and easy to park cars with excellent gas consumption mileage to do their weekly shopping in and picking up the kids from school. There were none on offer from American motor vehicle manufacturers while the Japanese Hondas, Toyotas, Nissan, etc gave the U.S. consumer market exactly what they want. Anyone remember the "anti-Japanese" period in the 1980s when Detroit auto workers were losing their jobs because of the cheap Japanese cars?
Detroit still stubbornly refuses to learn from that episode. Sure, they did began bringing out some smaller cars BUT they were shoddily designed, almost slapped together haphazardly as "after thoughts" with little attention paid to detail. Meanwhile, the Japanese continued improving and continue adding more and more "creature comfort" features for the owner.
It looks like we are heading towards the same cycle of wanton ignorance all over again. Detroit want to keep building big, heavy, "he-man" macho machines so that they can charge a big ticket price on each unit. Meanwhile, while that big heavy lumbering dinosaur sits unsold on the car lot, sales of the cheaper and more nimble product is 3 to 4 times as many and made twice as much profit. One really wonders just what the psychological profile of those Detroit automaking managers is like, especially when they keep ignoring what the customer wants and trying to TELL the customer what they need.
Isn't this a repeat of the Japanese 4 cylinder car growth in the 1970s?
You didn't mention that although the seagull has less than average range, they have infinitely safer batteries.
American cars has always had quality problems compared to BMWs and other German cars. They are expensive but not much more then a Tesla.
And German cars aren’t known for reliability
@@donkeykong516 I think that people in the north of Europe will buy these in Norway and then drive them illegally. Norway is not a member of EU. Maybe the British can buy them now?
I think that you mean Japanese cars, don't you? All of the German manufacturers are trading on the well deserved reputation that their father's and grand father's generations built. And while I will concede that nothing drives like or looks like a German car, their reliability and their repair costs are amongst the worst.