China’s Car exports skyrocket as Electrified cars approach 50% market share
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- čas přidán 14. 05. 2024
- China’s Car exports skyrocket as Electrified cars approach 50% market share
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#chineseev #sharemarket #export #byd #zeekr
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Stop complaining about China. Improve your country instead. You only cry.
wr
Brandon has given up on everybody's behalf.
Why not? It's only a matter of time before TRUMP gets elected and China releases another pandemic to shut him up. 😭😭😭😭
It seems to destroying Thailand's car industries (and maybe in some countries too). One Chinese EV company even said "demolish the old legends".
@@Ahda108what by drilling more oil and producing more oil than any other president in history and putting 100% tariffs on China lol
Are you spreading the lies that "EU said every car exported the Chinese government pays a set of fee"? The days of Chinese government subsidies exports are long over so many years ago. Find your own facts!
No but the Chinese 3v auto industry gets massive subsidiaries and tax encentives
P
US sanctions are tantamount to telling the world:
Chinese EV is the most competitive.
Only in price, and absolutely nothing else. You should see what EV chinese buyers say about chinese cars. They are very beautiful, but quality and safety is an horror movie. But I think it's a good thing China is selling a lot of EVs in other countries, this way people will learn what "made in china" really means. This will take a few years of using chinese EVS of course, but people will give feedback to the entire world on their experience on using chinese EVs.
lol
State imposed slave labor isn’t competition 😂
You mean those damn ai robots? Ignorance is bliss, right!@@orbitaljellyfish808
@@profounddamas Chinese cars must pass European standards. Most have a 5 star NCAP rating, unlike some 'European' cars like the zero star NCAP rated Renault Zoe.
@@profounddamas Last year, every Chinese car was rated maximum 5 stars under Euro NCAP testing, with the highest scoring car of the year being Chinese. Chinese car safety is at least as good as the very best in Europe. As for quality, Tesla sent Chinese techs to California to teach them how to build cars properly. Having seen a wide variety of Chinese cars in person, they're well-made. In the mean time, there's plenty of positive feedback from ordinary people across the world who're happy with their Chinese EVs.
It isn’t a prediction, it’s a warning to politicians worldwide about the result of anti-competition and protectionism.
Chinese EVs will create their own market where it didn't existed before. Chinese EVs are cheaper and less maintenance. And most developing countries can use solar power. It would be cheaper than importing oil. A lot of people don't realize that distilling crude oil only pollute the air. Most developing countries are already pretty polluted.
in china, EV car manufactures are free to compete, so some best cars can be produced.
in west and japan, old ICE manufactures are reluctant the transition to EV, so no compatible EVs appear.
Tesla
@@EVPHASE Tesla almost went bankrupt back then, China saved him. Do you remember Musk dancing in China
@@EVPHASE Tesla was functionally bankrupt as an automaker, only sustained by Federal emissions "credits".
@@EVPHASE only one😂
@@mn-ob5le Rivian Lucid
hey all, send your kids to learn Chinese
In 20 years time there will be other places making vehicles not just China in my view. China will be the lead manufacturer in my view.
Xiaomi's SU7 electric car receives over 100000 preorders in China, in first few minutes of being on sale. $700 places the order. It is a beautiful high end car that starts priced at only $29,000. I would love one, but sadly i live in Canada.
what you don't know is most of them have been cancelled?
@@bisujin1685 Some, not "most" of the preorders have been cancelled. However, the confirmed orders still way surpass Xiaomi's current manufacturing capacity, and you're looking at a delivery time of months at this point. This again debunks the "overcapacity" myth spread by Western politicians.
@@bisujin1685
Most ain’t going to want to wait
👇
Xiaomi: Electric car buyers told they face six-month wait
By Mariko Oi
Business reporter
1 April 2024
BBC
Xiaomi cars cannot be considered luxury cars in China. Apart from their good-looking appearance, they don’t have any other outstanding selling points
@@shili4415 they started making cars 2 or 3 years ago
If you were to ask my opinion
I hardly consider them a car company… until their cars have a track record
What I want to say is that even for ICE vehicle, China's exports are increasing greatly.
In April 2024, China exported 390,000 ICE vehicles, a year-on-year increase of 41.6%;
The west is producing expensive vehicles (whether ICE or EV) beyond consumers' purchasing power.
On the other hand, China is producing reasonably priced vehicles.
@@jogana6909 Most new sales are on business lease contracts. Consumers buy second hand, that is ICE not EVs.
@@jogana6909 Yes price is very important to me, but more important than price is safety, reliability and durability. And china fails miserably on those 3. You should ear what chinese EV buyers say about chinese EVs, an absolutely horror movie. Oh and no one takes responsibility for those EVs destroyed by fire, those front wheels coming off. Doors not opening from the inside. Failures in charging the batteries, maintenance costs. I say we need at least 30 years for the technology to be ready for mass market. But hurry is enemy of perfection, and then bad fame will hurt those EV manufacturers, because they couldn't take the time for proper research and development. 91 EV manufacturers in china, come on, this will spell trouble both for the manufacturers and buyers.
@@profounddamas
Chinese cars have been in Indonesia for years and are fine, there are no annoying problems, in fact the quality is improving
@@agusedyanto3324 Then why are chinese buyers complaining so much?
Don't you think US tariff is letting its automobile industry losing competitive power and will lose market eventually?
Sam, get off they (China) make too many cars. It's like saying Australia grows too much wheat, or digs up too much Iron Ore. We do it, and the Chinese do it because it is in their interests (and sales/profit) to do so. Last year 2023 Chinese made cars captured 15.9% of Australia's new car sales, compared to 7.3% of the total new cars sales in 2021. China makes cars and exports them because they are popular.
He hates China and spreading the hate about Chinese EVs. He is western mouthpiece and agent
Exactly so. China is nowhere near selling more cars than what the world currently buys. Over 80% of Chinese EVs are sold domestically, so Chinese EV production could double and still be consumed entirely within China.
Its our own fault, we dragged our feet for too long
No , 1980 arrived and we converted to a service economy . Do you remember or were you still an egg in mom?
Just an egg@@mikewallace8087
A lot of ignorant Westerners don't realize that in China all car parts are fungible. Different manufacturers use the same parts. It's what makes Chinese cars extra cheap.
This means that Western car makers can buy the same EV parts from China and assemble their own.
But thanks to Western attitudes they don't even want to do this.
So they have to invent the wheel from the start, making all their parts from scratch. It will require a lot of time and investment. This is time and money they do not have, so they are finished.
Said the man eaten by the crocodile...be optimistic: you made reptile very happy
@@mikewallace8087
All these suddenly woah oak snow fl ache Americans and these days
Back in the late 1980s I was warning about Free Trade and the push for Globalization
Especially when it came to the rise of CCP China. This was before their GDP was even a blip on the radar
yet was getting laughed at and called a CCP 50 cent army poster. Communist Traitor, against Capitalism and worse names
That’s because Conservatives minded folks back then, were pushing for Globalization and Free Trade
Going back as far as 1972 when Nixon went to China to get them to open up?
It was just 10 years after the Great Leap Forward
And right smack dab in the middle of the Cultural Revolution where 10s upon 10s of millions in that country met their demise
Yet we spent the last 50 years buying the gadgets made off of 100s upon 100s and 100s of millions of migrant workers Paid slave like dollar a day wages
So yes… since then we have all sold out typing suddenly woah oak snow fl ache indignation on our Chinese made gadgets even if not made in China will have Chinese made components in them. Right down to the very rare earths used to make them
👇
Remarks at a White House Meeting With Business and Trade Leaders
September 23, 1985
Thank you very much, and welcome to the White House. I'm pleased to have this opportunity to be with you to address the pressing question of America's trade challenge for the eighties and beyond.
And let me say at the outset that our trade policy rests firmly on the foundation of free and open markets -- free trade.
I, like you, recognize the inescapable conclusion that all of history has taught:
The freer the flow of world trade, the stronger the tides for human progress and peace among nations.
Reagan library
If the economy is so bad, then how come the tourism sector flourished especially in the labor's day Holiday period? How reliable is your news, Sam? Don't over dramatize that every car is going to come from China, with your resource you should have noted that Great Wall Motors and BYD are going to produce in Hungary and plant building this year? On top of that CATL is going to put Hungary as the fourth battery largest production capacity in the world. Real Estate is only a small problem and is getting fixed unlike US's trillion Debt that will increase by 1 trillion every 8 months and more in the coming future. I believed that all the govt in the world would envy the economic problem China has right now.
"too many cars manufactured in China" have you looked at the percentage of cars exported by Chin in comparisson to Germany and Japan?
China Evergrande isn't a big issue - unlike 2006 in the USA: a year before the crisis started, financial institutions lent out $600 billion in subprime mortgages, making up almost 1 out of 4 (23.4%) mortgages. Cheap credit and relaxed lending standards allowed many high-risk borrowers to purchase overpriced homes, fueling a housing bubble.
China Evergrande still builds homes and is under the regulation of a real government: the Chinese one. Unlike in the West this company doesn't just get saved with tax money but is under harsh regulation so it can grow up...unlike the US companies that continue just like before.
Most people in the US and the west don't know that China are not that reliant on property and real estate like the US and the west do. Some impact yes but not as bad as those critics are saying. China is in fact recovering as at now, not declining. They are just sore losers and jealous of China.
Also, if Price Waterhouse Cooper (American auditing company) were to do their job properly, they should have caught the fraudulent business deals happening with Evergrande. Currently the chinese government is investigating on this.
Evergrande issue like many China issues are western media hyped. China don't encourage speculating on real estate. I actually don't see any better place to buy a house if you are just planning to live in it instead of reselling it. China don't have property tax. Unlike the west, localities almost never tax homeowners to support services like schools. So other than the management maintenance fee you really don't have other expenses except water and electricity which are pretty reasonable from what I heard.
🙄
@@TAL142 Exactly. The US and the western supporters keep hyping on those things that they rely on which China does not.
They clearly do not understand China or just plain ignorant of the true facts. That is why China just ignore them. 😂😂
I can hear in my head
China!!! … China!!!… China!!!
...do it the way Trump says it. 🤣🤣🤣
wrgg
wait til jan 25, it will be everyday
@@chillfluencer Gyna, Gyna Gyna
😂
@@DW-op7ly Va Va Va Voom
100% - desperation. 😉
asia, latin american, africa
china is going to destroy the competition if europe and usa does not start to make very good cars, outside nato area
...western Europe and the USA are geriatric cases suffering from dementia.
Well all depend on the cost of energy. You can't manufacture any car if your energy is expensive, that's what happening in EU and US... and reason why China has secure oil and gas from Russia, Iran, Saudi, Iraq.. and indeed China is the only country that have secure so much contract about energy.. Maybe India might come to a top 5 about manufacturing.
Over 50% of China's electrical generation capacity is from renewables, and growing rapidly every day. It's entirely distributed domestic generation, so it's extremely secure. Only Russian energy is more secure, because it travels directly across the border. China is racing toward the day that all of their energy needs are met by renewables, nuclear and Russia, in roughly that order.
There are many reports that property is only about 10% of the China economy. China is letting the property bubble bust - a good decision for the future. The Chinese Gov has said Property is for living in NOT SPECULATING ON.
Even with 100% import tariff, China manufacturers can still win the game.
Maybe in Asia, not in the US and not in Europe.
@@stefan2796in the rest of the world. West is only 12% of the world
@@stefan2796
a 10,000 BYD car even with modifications and 100.% tariffs for the USA/EU would probably be 22,000 to 26,000 in the USA/EU
Even if not cheaper still a better product and more innovative than a comparable American or European product
@@DW-op7ly Better product: people don't know, have no hands on experience (yet).
More innovative: do average consumers care about a screen that can turn, or about self driving capabilities (just to mention a few examples)? Most people don't.
@@stefan2796 well if you live in the west, where you are told to put your car keys by the front door so people breaking in you home to steal your car… don’t have to actually confront you
Or are told to unload on a home intruder to save tax payer money
Then yes I guess most people probably don’t care about the latest gadgets in their cars
👇
In 2023, Euro NCAP crash-tested 17 cars. Nine of them were Chinese EVs, accumulating over 50% of assessed vehicles. According to E-NCAP, Chinese manufacturers were anxious to prove their relevance to European buyers. They have achieved this goal because every evaluated made-in-China car got five stars.Dec 11, 2023
Nine Chinese cars scored five stars in Euro NCAP in 2023
What’s going to happen when owning a car costs three times more than hiring a robotaxi? My Model Y costs me around $1.00/mile to drive. Say I drive 1000 miles a month. Depreciation has been around $800/month, fuel $100 a month, registration $50/month, insurance around $50 and maintenance/service about the same. If I can hire a robotaxi for $.50/mile, I save $550/month. We would need less than half the cars ( since they are parked at least 80% of the time) and probably less than 5% of the parking places. Garages could be converted to storage and living spaces. No need to replace vehicles every 5 years or less. Maybe just the battery pack. No more gas stations. Very few car repair shops. No more dealers. One car insurance company. Incentives to car pool in metropolitan areas during rush hours. Options to hire robotaxis by the day. They could be privately owned, company owned or government owned. If I “owned” one, I would only see it if there was a problem. I would be compensated 80% of the receipts, the remainder for scheduling and emergency service and repairs. It would be a big change.
Yes, it could happen, just order with mobile phone and come to you, even you don't need diver license.
China and global south car market already far surpassing US market. China can live without US market. Global south has no auto industry to protect, they would be more than welcome to receive Chinese EV investment. Global south is where China should focus the EV investment.
May be the world now realize with EV the owner can kiss the filling stations good bye! That is an enormous financial benefit and Chinese EV is now cheaper than ICE car.
By the way the export is responding for overseas demand!
In 20 years time most global EV cars will be made in China isn't crazy. This because every major car manufacturer has factories in China to make cars to sell to the Chinese. They now find the same model made in China cost less than half of that made in their own countries. So why not just import from China to make more profit. That is now happening to VW, GM and Ford. Thus the car made in China could be foreign owned brands like BMW, Mercedes, Ford and others.
VW dealers tried that, importing identical Chinese cars at lower prices for high profit EU sales, and VAG sued them. It's going to be a bloodbath.
What a good news 🎉
Voted yes from Malaysia. contact your local brokerage.
I want a $10000 BYD.
You won't get it unless you're in China. Local tax, tariffs, transportation, etc will push that car price up, even higher if it's a private dealership model as in the USA. You'll be looking at $15k to 20k in your local market.
@@ZweiZwolf It is still a lot cheaper than what we have here in NA .
@@ZweiZwolf and now they are selling for 30K in the local market, very good profit.
@@jessicayoung1190 Oh, no doubt. That's why Biden imposed huge tariffs to keep car prices and profits high.
Hey Viking, One day I'd love to see a video about the state of global battery recycling. With all these EVs and battery-powered products flowing into every country on earth, I doubt that most have comprehensive, effective recycling plans. Will all these batteries just end up in landfills or dumped in the ocean somewhere? Seems like a good business opportunity if it can be done profitably. No one is shipping old batteries back to China as far as I know.
There are specialized recycling companies
old batteries can be treated as high-grade ore. If 20 years later all Li are gone, than it will be worthy to recycle.
Mining out from the old batteries will be cheaper than mining and refine from Africa.
Think about the impact of EV sales in the developing world to legacy automakers like Toyota and Honda. The Chinese EVs will be much cheaper than ICE vehicles from legacy automakers.
No one is watching these markets closely but the change on a global scale could be significant. The 2024 Q4 earnings for legacy automakers should provide a glimpse into the future of global EV adoption. 2025 Q4 earnings reports may be disturbing to investors.
The developing world lacks infrastructure for EVs even more than we do.
@@14lou typical western mindset and we wonder why we are losing to China
China will just build it for countries
Example:
👇
China Plans Major EV Charging Network in Central Asia
China is moving forward with a variety of investment and infrastructure projects in Central Asia designed to boost exports to the region and beyond.
In Uzbekistan, Chinese executives are seeking to tighten their grip on the electric vehicle market. The Chinese firm Henan Suda signed a deal earlier in December with Uzbekistan's Energy Ministry to build upwards of 50,000 electric vehicle charging stations around the country by 2033. Already in 2024, 2,500 charging stations are to be constructed. The project is projected to serve about 700,000 electric vehicles when fully built-out. During the first 10 months of 2023, China exported over 20,000 electric vehicles to Uzbekistan.
OilPrice
@@DW-op7ly That's great. Then, they'll just need to install the generating capacity. Probably coal-fired :)
@@14lou A half dozen PV panels is more than enough to keep a single EV charged. It's easy to charge EVs this way.
@@ZweiZwolf Surely you jest.
Doubt all cars will be made in China. Costs will rise, China will outsource to cheaper countries; easy - build the whole factory in ??? , already doing it in Mexico, Vietnam, Thailand, etc. African cars will be made in ... SA? The market will disperse, localize, cut costs and prices.
China is using automation to make it EV cars these days
@@DW-op7ly not just cars, just anything that can be automation
If Tesla’s robots work this won’t happen. The EU say the Chinese government pay lots of money for exports…I like to see more information about this.
"If". Tesla is nowhere near full automation.
In 20 years only flight taxis and robotaxis
7% of European gdp comes from car manufacturing, also the biggest manufacturing sector in Europe. If you consider it’s also strategically important to national security and that once it’s lost the amount of time (possibly over a decade) and expense it would take to regain the know how its probably best to not let yourself get outcompeted.
If gdp goes down as a result there will be less people buying cars anyway
Every exported Chinese car is one less legacy auto car sale.
Morning mate
CHINA IS MANAGING PROPERTY CRISIS According to Inside China Business, property was down c 10pc year before last, another 10pc last uear, and will be down another 10pc this year. What analysts are missing that DESPITE this China has managed 5pc growth pa. No country in history has managed that - before it has always meant recession. Not in CHina. So China is handling and will continue to handle its property crash, wh yes is limiting but not debilitating. After all they need the living space. Hard to think of how the kind of ev growth you are projecting will not galvanise the Chinese economy, electrify its global image, and seal the coffin lid on US slow inevitable decline.
China is being run by crazy genius people and the scary part is they are 1% if the 1.5B people means there are 15M crazy genius people in China.
You are looking in the rearview mirror.
The security features of Revux set it apart from others.
I think the big 3 just out foxed the govmt. No lithium ion batteries from China imported but now they can import lfp batteries from Catl and byd and don’t have to build battery plants. A win for the big 3 and consumers.
👍👍
Revux focus on user experience sets a new standard.
7:35 I think it will happen too cheers mate
I came back to this channel after 6 months, shocking to see 50% sales EV.
i still remember a time when westerners laugh at asian been poor because of uncompetitive
Good for them, I don't know who's supposedly buying their cars, but good for them. :)
Chinese people buy over 80% of the Chinese EVs, less than 20% get exported. Chinese EVs are widely exported to Europe, Southeast Asia, Australia, and LatAm. We'll see a lot of them.
In the 80's started my first full time job at 16..I do remember the cost of living, local shoes etc..were big money/this is the period of Boom /bustKey Government initiatives impacting manufacturing during the period included the Hawke Government’s 1983 decision to float the Australian dollar and introduce financial deregulation, as well as the reduction of tariff barriers, and a restructuring of the industry, which included the Button car plan.This Bidens 100% tariff sounds good on paper...but will it fan force more inflation?Trump would of even gone with higher Tariffs IMO . Ford and GM did say they were down ramping EV'S....So where to now, like Australia back in the early eighties of local prices becoming out of reach, and killing employment....But America have the volumes to manufacture and the population to buy...so with some time...Im backing a win/win...eyes closed
The speed of Revux transactions is a game-changer.
I don't see any dealerships or other sales outlets opening in the US.
Never. Brandon just set a 100% tariff
I believe 100%
I hear you but it kinda bugs me that i won't be able to even get to test drive that BYD i always hear so much about and i blame Elon FREAKING Musk, why did he have to laugh in their face? That's like giving your opponents unnecessary ammo & motivation to lock in and get better 🤣also why did Elon have to make Tesla so freaking expensive?
Revux unique features have me convinced it's a winner.
It's a Musical Chair.
The American textile industry wiped out Britain's.
The American aviation industry wiped out Britain's.
The American defence industry wiped out Britain's.
It's a Musical Chair.
Is China so eager to sell electric vehicles and waiting for the funds to come back? Have we forgotten the news from last winter when many electric car owners in China were stuck on highways for a week due to inefficient batteries in the cold weather, waiting for relief? Are they in such a hurry to rely on influencer marketing to promote them to the world?
I am wondering. Are these all repetitions?
US leaders prefer protectionism over innovation and real problem solving. Jeannine
Apparently, no one remembers the 1980s when Japan and the US had the same sized economy. How did that work out. Or the 1950s in the US when they were the only game in town. Or when the British ruled the world. What goes up must come down. It's not against any country or people it's just economics.
I hope China does good and brings more competition, but long term they will become another part of the market like Japan, Korea, US, Germany, etc. They are new kid on the block and getting massive subsidies so yeah they are going to get a big market share. That is just economics, what customer is going to turn down literally being paid to buy something?
Japan was forced to transfer tech to the USA, forced to adjust currency to be non-competitive. Their economy has been flat since then.
@@ZweiZwolf Actually there is no history of tech transfers from Japan to the US. At the time there was some worry of the open technological transfers the other way in the post-war years which was well documented and not considered a major issue.
As for the Plaza Accords. That was actually with multiple countries for multiple reasons. It did help trade deficits with Western Europe but did little to Japan. It was considered a factor in the Japanese real estate boom, but only one of many. After being seen as a failure it was replaced by the Louvre Accords in 1987. It is well documented that the Plaza Accords were not the driving factor in the lost decades but the "window guidance" of the Bank of Japan which caused a massive asset price bubble. Then it went from bad to worse during the future guidance to deflate the bubble. Then the demographic problems started in by the 00s,
en.wikipedia.org/wiki/Plaza_Accord
en.wikipedia.org/wiki/Lost_Decades
Sadly I fear this same bad financial policy and bad social policy is brewing in China which has the fastest aging population in the world. Given their demographics, we are already seeing negative population growth since 2022 and it is accelerating. What is worse is their last large cohort is in their late 30s. This means the women of that large cohort are a closing window for children biologically. The only other large cohort is well past any chance of procreation being over 50.
So the next question is when will they have a the labor pool quickly contract as the last cohort ages out of the workforce? Assuming they do not change their retirement age of 60 men, 55 for white-collar women and 50 for factory women. If we look at their demographics we can see it is a two-hump chart. One large cohort is basically the same age as younger boomers in the US and is currently between 54 and 62 using the 2020 chart and projecting 4 years forward. So this generation is already in the process of retiring and will be 100% retired in 6 years. This means that over the next 6 years Chinese labor will shrink rapidly and their costs due to retirement pensions will increase rapidly.
The concern here is not so much the contraction of the labor pool especially due to Chinese overcapacity in many areas of manufacturing. The issue is one of banking and finance. It is true at a national level the Chinese debt looks relatively low. The problem is the debts of the provinces which will come due and will be transferred to the federal level or cause a collapse of the pension system and government services. When this debt is added to the federal debt, the debt levels are alarmingly high and clearly not sustainable at this time. Coupled with the subsidies for business, and the possible multi-trillion dollar rescue of the property/banking sector at the same time this massive generation is retiring spell a Japanese-style slowdown and possible stagnation. We have already seen the grow forecasts for China since 2020 come down rapidly and with no sign of recovery not for lack of trying by the Chinese government.
Next is a cohort who is 34 - 39. Assuming no change in the retirement age that means they have 21-26 working years left. So the good news is that while the first generation will greatly strain the system and all the problems it will cause there will at least be working people to stop the descent for 2 decades. Now around the 2040s the wheels will come off the bus and there is nothing that can be done to stop it, demographically with either forced births or massive immigration.
Also please understand these are Chinese government numbers for the demographics. There have been some suggested revisions from within China but nothing has been confirmed. So please understand this difference is over 100 million and would radically change any predictions if even marginally true since the revisions were all for people under 40.
www.reuters.com/world/china/why-are-there-concerns-about-chinas-pension-system-its-population-ages-2024-01-18/#:~:text=Chinese%20citizens%20get%20their%20pension,exceed%2080%20years%20by%202050.
en.wikipedia.org/wiki/Demographics_of_China
@@truemore75 Chinese population decline is the biggest cope in the West. Today, China has roughly 1 Billion people on the coasts driving the vast majority of the Chinese economy. It's not really a problem for their country to shrink by 25% as long as they maintain at least 1 Billion people capable of doing high tech work, and that condition will be satisfied through 2100. China installs more industrial robots than the rest of the world combined, and each robot does the work of 3 or 4 people. China is moving to high levels of automation backed by 5G networking and AI software. As long as China's marginal cost is less than the West, they will continue to dominate global manufacturing.
More significantly, a smaller China is a smarter China with more resources and opportunity per capita. They will do far better than Western countries importing literally millions of Indians and Africans.
Revux gaining traction among serious crypto investors.
Nepal will dominate ev soon in 2025 when king system return
Economies rise and fall, wealth and stance are today and gone tomorrow....who knows what tomorrow will bring....Just do one thing "TRii"...Tithe, Reduce Expenses, Increase education and Invest...you'll be just fine!
Tik Tok and deadly fentanyl . Think there is more ?
Europe is in trouble
chinese EVs don't sell well in Europe. Ok, some MGs, but most are Teslas M3 and MY.
Revux growth in the past months is just the beginning.
Revux commitment to transparency is refreshing in the crypto space.
National security threats +1000😂😂
Recent updates show Revux is serious about success.
Sam You are correct in saying it is a pretty drastic prediction. Who would be silly enough to say it? Clearly not all cars will be made in China, nor will all cars be Chinese. Those wedded to GM Ford Mercedes ,Audi, Totoya Mitsubishi etc etc, will still want those cars. If they are rusted on, would/could never buy competitors car. Interesting times indeed.
never happen.
We love China cars, most car price drops, or better promotions offer after China EV enter into our country...
Tariff hike 100% daily..😅😅😅
Let’s take a look at China’s car sales. Chinese electric cars are beating Japanese, Korean, German and American cars.
ONVO
Hey viking!! Talk about maintenance on electric cars!! Savings?
I suggest you drive a carriage. A carriage is easier to maintain than a car.
EVs don't require maintenance. Unfortunately, China-made EVs do often require a fire truck😂
@@PETERJOHN101 You may not know how many electric cars there are in China, but these drivers are not idiots and will not take a chance with their own lives. If you think these Chinese drivers are idiots, then you probably are.
I've got a Tesla Model 3 with 30k miles on it about 2 years old and no maintenance at all. Even the tires are still good and everyone said they would wear out quick. I replaced the cabin air filter myself but that's it. I spent $161 on charging last year but it was higher when we first got it because of two 2000 mile trips where we had to use superchargers.
@@PETERJOHN101 EVs require lubrication of suspension joints, replacement of wiper blades, washer fluid, that sort of thing.
So what’s happened to all the false sales figures and EV graveyards you used to talk about everyday 😳
I have a nickname for SAM....
SWIVEL.
Well, they are false. SHOKER IKNOW! When you get info from Falun gong indoctrination channel.
Luxury automated socialism 🇨🇳😉👍
Overcapacity 😂
Europe is about slam them with tariffs soon
Germany has made it clear that it is opposed to increasing taxes on China cars.
National Security Threat / OverCapacity AKA Don't want Competition 🤣🤣🤣 Western Childish Narrow Mindset
Tariffs only hurt the European consumer not China , they don’t pay them
And Biden/Trump don't want chinese EVs.
National Security Threat / OverCapacity AKA Don't want Competition 🤣🤣🤣 Western Childish Narrow Mindset
wrr
Revux is one of the few cryptos with real-world utility.
We should start thinking in terms of global electric social mobility. No frontiers. No region left behind. A single global effort to mitigate Climate Change and achieve sustainable & equitable development. The technological disruption should be accompanied with more humane, environmental and just social systems, not the selfishness of capitalism and nationalism.
Fairy Tale wishes . Keep this in mind, their Asian fentanyl kills hundreds of Americans each day.
Tooo Late!.... We have reached the tipping point and gone over it. Tesla Inc. The climate has reached a point were it is beyond the stage of mitigation. The polar regions of the world are warming at an exponential rate, and there is no way to reverse it. Too. little to late.
@@howardj602 No worries about that , concern yourself with the 6th extinction event in progress .
@@mikewallace8087 cuckoo cuckoo
@@howardj602bahahaha. You've swallowed it hook line and sinker.
It's hard for Musk and teams to transition the planet to sustainable energy when world leaders are such butts. Jeannine
Legacy brands shack in fear and pushing out massive propaganda everywhere, which is understandable really, will it work though? Not so much, the hater hate, others move on
EVs are not affordable for most people. Buyers are businesses (lease contracts), not consumers. There is hardly a market for second hand EVs.
@@stefan2796 You must have never been to China. More EVs are being sold than ICEs these days in China, and some of the EV models are very affordable here.
@@simonshen8478 "Some", that's the key word here. The cheapest EVs are small city cars with a short range and very bad crash test results (1 star out of 5).
RoRo ships in great demands
BYD has his own 7 ships.
BYD 3.0 mil cars per year. What about Geely and others EV manufacturers.
RoRo ships undercapacity.
As of November, Chinese ship owners ordered 37 RoRo ships with a combined capacity of 290,000 units, the highest current level in the world.
Chinese shipyards have secured 64.85 million dwt of newbuilding orders in the first 11 months of 2023 with an increase of 63.8% year-on-year.
Good thing China makes more ships than the rest of the world added together 🤣
Australia benefited a lot from exports of iron ore to China's Shipping Industries.
Viking reads these blogs somewhere with news like this and this type of news fits his narrative and properganda EV site, so he sits there totally excited with a "Big Stiffy " and then has to relieve himself or we will cop a milkshake all over the screen.
western car makers need to start making cheap evs like china and stop trying to make expensive compliance cars so they can say oh we tried but pollution man so good
It is true that some things like laptops do end up being made in one part of the world but I think cars will continue to be made it lots of places. But for example nearly all laptops on the market, regardless of brand, are made by six Taiwanese companies, Quanta, Compal, Wistron, Inventec, Pegatron, and Foxconn. Many of them in mainland China. I remember in the 80s someone saying that in time all PCs would be made in Taiwan and they ended up being right.
Sam I don't believe anyone would say you are anti China. That's were you have invested your money.
He also has Tesla shares right
he is not anti china, but he is somewhat blinded by anti china news, we can see that from his comment on force labor and chinas decline which is obviously misinformation or straight up western propaganda
@@NickFallon88 Tesla may as well be Chinese
@@neildolan7177 the USA made cars are the most American made of all cars.
I don't believe that. Right now some Chinese EV makers and Tesla have a significant lead. China is profiting from cheap labor in addition to taking EVs seriously early. But over the next few years the labor content in EVs will decrease with better design and more robotics.
What is fairly likely is that Tesla will complete FSD within the next 18 months and start building their first robotaxi plant when the completed version is being tested inside the company. If so, Tesla along with any company that partners with Tesla are likely to become the major car producers.
I'm surprised we aren't yet seeing Chinese EVs with camera suites collecting data so that one or more Chinese companies will be able to use AI to build a FSD system a few years from now.
Wrong. The labor is not cheap. Just like Swiss people don't earn very much ... because have you seen their expenses? If you warn a lot but also pay a lot you are not better off than somebody in a system where money isn't inflated and pays little while earning little.
you aren't see not means it not exist, FSD is not the best in China now
@@nobodyli6543
Apparently Tesla just got permission to start working on FSD in China. If that is the case then it will take a while to collect enough data to make a decent first version for real world testing.
Remember, Tesla has billions of miles of data for the US. I'm betting there are some edge cases in China that aren't found in the US.
@@bobwallace9753 bruh fsd in us is not even better than huawei adas.
It’s not that labor costs are low, it’s that supply chain costs are low. Did you know that China has a manufacturing industry with a full industrial chain? Did you know that China has the best roads, railways and logistics?
Tesla has factories in Germany,Texas, Nevada and soon Mexico with others to come.Did you really think China can compete against Tesla?
How's about covering why manufactuers make it so hard to determine a battery's SOH, state of health?
Come on, truth will out.
Some even show on the dashboard, Tesla shows it in the (hidden) service menu, and for others, OBD dongles like aviloo can read out the data. It's not that difficult.
@@dirkvornholt2507 I hear some need dealer level diagnostics and they are reluctant. True or not?
@thisisnumber0 Can't speak for every dealer, I only heard about VW being very expensive for their dealer battery diagnostics. That's not reluctant. That's actively repelling customers. I don't worry too much about battery degradation owning a 10yo EV with 310TKM on the dash. Battery degradation is around 14% according to the scan my Tesla app. Probably most of that happened in the first three years of the previous owner. Since I own the car, the range hasn't decreased notably. The only thing I notice is that charging of the last 30% has become slower. But that doesn't bother me too much as the charger density has massively increased in the past years, and I can drive the battery down to 5% or less without fearing not to reach the next charger. I haven't taken much care of the battery, much full speed german Autobahn, deep cycles, and fast charging
The only thing I really try to avoid is prolonged standing times with less than 20% or >90%.
Maybe you should explain why world demand for oil keeps going higher year after year just like electric vehicle sales do. Please explain why this is.
20 years ago your could get a good quality 3rd party replacement battery for your old laptop, no probelm. Try this today. Impossible. Only junk.
Are these the same experts who told us safe and effective? Because you'll believe anything....
How many of those cars exported were sold and how many are standing at the port at Antwerp Brugges?
Seems you get your info from the sane anti vax propaganda sites and u still haven’t woke up to the fact you’ve been brainwashed
The prediction is absurd. It's like to say that in 20 years everyone will eat nothing but Chinese food. At the height of American industrial age in the 1910s-1950s, there are multiple industrial centers in the world that produce similar products at the same time.
Yep absolutely. If anything global manufacturing will increasingly become distributed, as the world automates and the cost of automation becomes cheaper. China might have a near term advantage, however I dont belive that will last. Also wages in China will inevitably increase as its economy becomes more developed. This could make it more affordable for smaller countries to manufacture cars. The only reason China has an advantage is due to cost of labour and volume production, however fully automated scalable production lines will erode that advantage away. Within just 20 years, the level of automation on assembly lines will be extremely high. These assembly lines will be extremely modular and highly scalable. I believe this could work against Chinese manufacturing and make western countries more competitive if they embrace high level automation. If Tesla can be competitive today, so can other western car companies within 20 years, if they are genuinely serious about the survival of their business operation. It's not a given, however it's there for the taking for those major car companies that want to take a leaf out of Tesla's playbook and emulate their successes. They can if they want to. The ball is in their court, whilst they still have significant market share. It's entirely their choice. The west will still generate the best ideas due to its system. Totalitarian China will copy them as usual and usually.
@@JoeyBlogs007 It's not a zero sum game where you win in manufacturing and I lose. Everyone will make their "flavor" of whatever they want to manufacture in the future.
Chinese have nearly caught up in tech and other things. To say that the chinese will not be able to innovate is just plain ignorant. Case in point for innovation: the batteries from CATL and BYD.
Also, Tesla has open patents for any manufacturer and the chinese companies are the only ones that are REALLY open to using them, unlike USA and European OEM.
@@JoeyBlogs007Talk is cheap and needs not any capital. Try walking it and that's where BS comes in. 😂😂😂😂
The point being....you do not have the supply chain therefore whatever you cook will taste like crap and when you get organized, they would have moved on to better things!
Is it a coincidence that this was announced just before Putins visit.
Keep politicizing it. Loser!!
I doubt that a Chinese global car manufacturing takeover will occur. If anything global manufacturing will increasingly become distributed, as the world automates and the cost of automation becomes cheaper. China might have a near term advantage, however I dont belive that will last. Also wages in China will inevitably increase as its economy becomes more developed. This could make it more affordable for smaller countries to manufacture cars. The only reason China has an advantage is due to cost of labour and volume production, however fully automated scalable production lines will erode that advantage away. Within just 20 years, the level of automation on assembly lines will be extremely high. These assembly lines will be extremely modular and highly scalable. I believe this could work against Chinese manufacturing and make western countries more competitive if they embrace high level automation. If Tesla can be competitive today, so can other western car companies within 20 years, if they are genuinely serious about the survival of their business operation. It's not a given, however it's there for the taking for those major car companies that want to take a leaf out of Tesla's playbook and emulate their successes. They can if they want to. The ball is in their court, whilst they still have significant market share. It's entirely their choice. The west will still generate the best ideas due to its system. Totalitarian China, like the hive mind state, will copy them as usual.
😂😂😂😂😂😂😂
Did you see any labour in the Chinese auto factory or battery factory from the footage ? Labour cost is not an issue in China.
om
Most of these Chinese cars are simply being parked after they’re unloaded. Follow the European newspapers, tens of thousands of Chinese EVs parked in and around European ports, many of which have sat still for 18 months, deteriorating. China is just stamping them out like bottle tops to swamp the market, classic case of supply totally outstripping demand.
If China EV really can't be sold, there is no need for US to increase the tax by 100%.
Exports increase? They're all sat at ports, car parks, doing nothing 😂
That’s because BYD is buying/building cargo ships and bringing over 5000 to 7000 cars at a time
BYD is now using purpose-built EV cargo ships to send its cars to Europe. The first one, with room for 7,000, just set sail
January 11, 2024
Fortune
BYD is building seven more ships to meet EV demand
Words: Harrison Wade | Photo: BYD
March 7, 2024
The first of its cargo ships, called ‘Explorer No. 1’, was delivered to the brand in January and is capable of carrying up to 7000 vehicles at once. BYD hopes that by building and using its own ships to transport vehicles, it’ll reduce transportation costs.
Still cant afford these "cheap" cars though.
As an example, Morrocco and Algeria have asked French manufacturers to build cars locally to sell locally, and export. I don't see why these countries wouldn't ask the same of China.
I've also been saying for a couple of years that there will be a backlash against China, notably about their cars, because car manufacturing, in countries where it still exists, is very important politically. And for all developing countries it's also something they want to do. So China building cars for everyone is never going to happen, it can't.
Can you multiply 8x8 in your head??
The backlash has already started in the USA with huge tariffs against Chinese EVs. For Europe, it's different, because Germany gets a lot of profit from exports into China along with Chinese-manufactured cars for the Chinese market. If the EU tariffs Chinese EVs, then China will likely impose a massive carbon tax on automobile imports. Porsche would be finished, because they don't produce in China. The effects would be huge, not just to German OEMs like BMW & Mercedes, but also suppliers like Bosch and ZF. Germany would likely see their economy shrink by at least 10%, which is why Germany always wants to make nice with China.