China becomes world's electric vehicle powerhouse, causing concern in EU • FRANCE 24 English
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- čas přidán 1. 05. 2024
- China's electric vehicle (EV) industry has grown exponentially in recent years, encouraged by colossal state subsidies. China produces three quarters of the world's car batteries, a huge advantage for carmakers who can drastically reduce their production costs and expand internationally. The Asian giant is now the world's top exporter of cars, dethroning Japan. But the situation is worrying the EU, as Brussels fears unfair competition could seriously harm its car industry. Our correspondents report.
#China #electric #vehicle
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The West: "Let's all go green and save the planet!!!"
China: "OK!"
The West: "But only if we get to make all the profits!!!"
Yes😂😂
Bruh 😂
😂😂
😂😂😂
😂😂
Europe and US: we support the free market as long as it's not about China. And we support free speech as long as it has nothing to do with Israel.
Hypocrite
Duh, you can't have free-trade with a country that doesn't believe or practice it.
Rightly Said
Totally agreed 💯
Genius, you should have a PhD in international politics
I don't care who made the cars. only want to buy better and cheaper cars.
Fine. If you prefer buying rubbish imported Chinese Tofu Dregs vehicles.
How many chinese goods you own and how many of them are better?
@@ruuuuudooooolpha couple.... I own a Chinese smartphone, the best smartphone I ever owned.
I have had this phone for over 2 years now... Planning to buy a more advanced Chinese phone soon
@@ruuuuudooooolphAlso their cars they don't break down every 3 months like western Cars and even if they break down their parts are cheap and easy to find compared to Western parts where I'd have to ship them with ridiculous prices only to break down 3 months later and I mean BMW by the way.
Most of us do, except rich politicians
Europe : We support free market unless you buy our products not Chinese
We also love to impose unewual "free" trafe agreements in 3rd worls countries.
They want the Chinese only to sell the low tech cheap products but not the high tech expensive products.
Yes, the West is a total hipocrit
it's called "kicking away the ladder" it's europe, u,s west, mindset, they call it free trade when they're leading the way, but since they're losing, what they're trying to do is sanction China for developing, the truth is, it's not going to work, it just shows europe, u,s, are weak, they don't want competition cause they know for a fact they cannot compete with strong China, don't belive me? go watch interviews of europe and west, saying they cannot compete in youtube interviews, China is billions, just accept facts, the world is changing, and the future is China, whatever you like it or not.
China doesn't believe in or practice free-market. There is no point in reciprocating it.
I smell panic. French and German panic.
It's not the people, it's the governments.
German auto joined Chinese supply chain, France can't compete at all. So no one panic here.
There's only 1 country that is panicking which is not in Europe. That one is always against other countries development in becoming a powerhouse at something. Guess the country...
😂
Germany is wise. Instead of trying to hinder the inevitable and lose at the end, Germany joined hands with the Chinese Auto Industry so that they can profit from their success.
What is wrong with China providing cheap cars for us end users??????????????? what is wrong with that!!!!!!!!!!!!!!!!!!!!!!!!!!!
That means the dawn or Euro manufacturing, factories closing, a huuuge wave of unemployed people, and all EU euros will leave EU to go into Chinese vaults. In short, a considerable decrease in welfare.
@@Checkmate025 It's called competition. Some lose, some win, right? It's ok when Euro cars dominated China market for decades. It's not ok when China make better and cheaper cars? Chinese don't have the right to better welfare?
@@Checkmate025 The Chinese cars selling in Europe are very expensive, they are not cheap at all.
@@LH1xxbecause of the import tariff
The rich Capitalists in the west don't like it !
hahahahah if EU dominate, it's fair trade, but if other countries dominate, it's unfair. 😂😂😂😂😂
yep, "Kicking away the ladder" EU, u,s mindset.
two bots talking to eachother
Europe's mistake was they expected China to play fair - not steal their technologies and sell them back to them for a pittance. The greedy corporate types apparently didn't see that coming!
don't surpass us, otherwise we will impose ban.
How dare you speak the truth ? You should be ashamed 😂
Ouch it's bad😂
That sums it up nicely. 👍👍
U.S.
"Colossal state subsidies"? You mean like the $7500 tax credit I can get from the Federal government for buying a Tesla?
No, we are talking about "export subsidies" and "local content requirement." Try to keep up.
@@tooltalkThe Inflation Reduction Act is handing out $800 billion in subsidies to US EV manufacturers. That is multiple times higher than any Chinese subsidies.
@@danielzhao5471 Do you always upvote your own comment? YOu must be the loniest guy here. LOL or has anybody told you that that the Western world is de-risking/coupling away from China?
@@danielzhao5471 and how much of it is "export" subsidies?
@@tooltalkthe IRA specifically stated local content requirements to qualify for subsidies.
Imposing high tariffs on Chinese car will not help EU. China can simply sell their cheaper cars to the rest of the world, replacing European cars. Worse if China retaliates by imposing high tariffs on European cars.
Yes, the rest world is large enough for Chinese auto companies. Though some of them are still poor now, that's why China has one belt one road, when they are rich, they will buy more from China. US and European companies won't have enough market so they won't be able to develop and lag even more
The west transition to electric cars is a very big investment. All the while they are doing internal combustion engine, suddenly they found out nothing is applicable now. In come car companies there are still ongoing loan repayment dealing with RnD and the whole line setup. It may take more than 10 years to have their investment paid off. That is why they could not sell those EVs that cheap. In China meanwhile the story is quite different. For a new startup it is a lot cheaper to invest on EVs since the supply chain already there. If China export at cut throat price it will cause a lot of legacy car companies unable to compete leading to shut down
Given how larger are the margins on Chinese cars sold in Europe - the same Chinese car sold in Europe costs 50% to 100% more than in China - the EU would need to impose tariffs higher than they are allowed to by the WTO in order to prevent the Chinese from dominating their market (or else figure how to build cars cheaply inside the EU).
And if they try to use environmental tricks such as carbon footprint, China is quickly building up renewables; BYD, in particular, makes both solar panels and grid-scale batteries, and could quickly replace all energy used in making its cars with renewables if needed, and since it's a vertically integrated company that would include even the energy used to make the parts that go into its cars. It also doesn't use Cobalt or Nickel in its batteries, so human rights violations in exploring cobalt or pollution from producing nickel don't affect its products, differently from EU-made EVs.
you good
Oh China will retaliate for sure. It doesn’t matter to France since France has no industry anyway but the Germans would be hit hard. That’s why EU hasn’t done it yet
Note how they say the market is flooded with *cheaper* chinese electric cars as if they are inferior due to being cheaper. Chinese EVs are the best in the world and sold at affordable prices. People forget we have become conditioned to think paying these absurd prices for cars in the western world is normal. China is way ahead of us. I wish I could get my hands on a Chinese electric car.
Chinese products usually only reliable for 12 months or thereabouts. I wouldn’t go buying one
西方媒体总是错误向西方人传播大量关于中国的新闻，误导西方人。
比如宣传中国汽车是因为国家补贴才低价，这就是最大的谎言。
西方政客不敢承认自己执政无能，在电动汽车产业输给中国。
China EVs are definitely best quality in the world.
1) So what if Chinese government gave subsidy? Didn't the US and EU give subsidies ever?
2) What happened to the so-called free market capitalism?
3) US is already subsidising chips. Would EU impose tariff on US made chips?
it's only "free trade" when europe, u,s is leading the way, but they're not. If europe, u,s was leading the way, what they would preach is free trade, but in reality they would kick away the ladder so other countries cannot catch up, which they been doing to other countries for ever, read the book "Kicking away the ladder" united states of hypocrisy
1) export subsidies and local content requirements are in violation of China's WTO obligation.
2) China's ability to trade with the world depends on China's free-trade committment made in 2001under the WTO.
3) China has long illegally subsidized various industry. The US CHIPS/IRA are reciprocal policies against China's illegal practices.
西方媒体总是错误向西方人传播大量关于中国的新闻，误导西方人。
比如宣传中国汽车是因为国家补贴才低价，这就是最大的谎言。
西方政客不敢承认自己执政无能，在电动汽车产业输给中国。
Double standard at its best😂
1) the Chinese gov't subsidies are illegal under China's WTO obligation. Subsidizing local industry to undercut foreign competitors in markets abroad or de-subsidizing foreign competitors in local market is illegal b/c it's designed to distort trade and competition.
2) absolutely no reason to reciprocate the benefit of free trade to a country who doesn't practice or believe in it.
3) you just need to understand what is "actionable" or injury to local industry.
Consumers want cheaper cars. As simple as that.
I would not buy cheap Russian car no matter what. China is also problematic.
Yes, they need a tofu dreg cheap cars 😂
@@warsamaosman0894 their quality is much better than GM and Ford, good enough for me
@@warsamaosman0894 Stop your jealousy.
@@warsamaosman0894while you just handling your money to some greedy capitalists just for 1 car
Too late. Almost everyone will be driving Chinese EVs very soon. Africans with low income will be happy they can afford to buy affordable cars; just like how they can now afford flat screen TV's at $300 and not the expensive Japanese ones at $2,000... Sadly unlike Mercedes, Bentley, etc the mass market European brands like Fiat, VW, Renault are in trouble from the China competition..
Finally the high price and rubbish quality of European and American vehicles is catching up with them - and there's panic in the boardrooms. All credit to them, China has worked assiduously over decades to achieve what we're seeing today. There's nothing overnight or hidden in the shadows about this. The Sinophobic, arrogant, West simply was too blinded by their own pomposity to see this coming. And now, we'll tariff them out of our markets. Just guess who gets all the really good affordable cars? Not us, that's for sure.
Whenever China makes positive moves for itself, everyone panics.😂
1:51 Global markets are now flooded with cheaper Chinese electric cars. Hurray!!!!
In European markets, it should call affordable rather cheaper.
@@user-wz8hp2ix9fChinese EVs are not only cheaper or more affordable, but also better.
The style sheets provided by their censors go with: overcapacity, flooded, endanger, threat, concern, confront, cheap, surveillance, scary, danger. The desperation to hold back the 21st cen. in order to keep the world in a cage and earn $ from minstrel shows clearly shines through in all Western coverage of the "scary" cars that are higher quality and $50k cheaper than Teslas. Boy genius needs just a few more decades to come out with all the "innovations" he's been promising for...... over a decade.
Actually not cheap…..
The US and Europe: "Global markets are being flooded by cheap Chinese EVs".
Reality: Global consumers have access to affordable Chinese EVs.
Amerika ve Avrupa hiç bir zaman batmaz sanayi inkılâbı ilk kez Avrupa da başladı bunu hiç bir zaman unutma
@@erhan3259The average European IQ is about 99-100, while the Chinese IQ is about 105. China's technology has lagged behind Europe in modern times because Europe was divided and competition promoted technological prosperity. During the Spring and Autumn Period and the Warring States Period 2,500 years ago, society and technology were far ahead of Europe when they were divided.
As early as 2,500 years ago, Europe was still a slave society, while China had entered a feudal society. China had entered feudal society as early as the Warring States Period in 475 BC, and Europe did not gradually enter feudal society until the fall of the Western Roman Empire in 476 AD. China is 1,000 years ahead of Europe. Many technologies in ancient China were hundreds to thousands of years ahead of Europe. The iron plow was more than 2,000 years ahead. Cast iron horse collars, paper wheelbarrows, rudders, iron cable bridges, and porcelain are more than 1,000 years ahead. Compass Gunpowder Chain Drive Movable Type Printing was 400-800 years ahead.
@@erhan3259欧洲人平均智商大概为99-100，而中国人智商大概为105。中国近代以来技术落后于欧洲是因为欧洲是分裂的，竞争促进了技术的繁荣。 在2500年前春秋战国时代是分裂的时候社会技术远远领先欧洲。
早在2500多年前欧洲还是奴隶制社会，中国就已经进入封建社会。中国早在公元前475年的战国时代就已经进入封建社会，欧洲直到公元476年西罗马帝国灭亡才开始逐渐进入封建社会。中国领先欧洲1000年。中国古代很多技术都领先欧洲几百至几千年不等。铁犁领先2000多年。铸铁控马项圈纸独轮车舵铁索桥瓷器领先1000多年。指南针火药链条传动装置活字印刷术领先400-800年。
@@erhan3259火药还是中国人发明的呢？结果呢？中国人用火药来放烟花，欧洲人用火药来侵略中国。
Go China!
Eu: You can only buy our cars
Concern? They’re focus on business whiles the other side focusing on wars 😊. Unfair is sanctioning countries….
I don't need a expensive car. Cheaper is better.
End of German and French car industry is coming fast
@@user-hl6mz3wz1d German cars are junk compared to Toyota
Dream on! People said the same when the Japanese released their luxury car lineup. BMW, Mercedez, and Audi are still doing well. On the contrary, it is the Japanese luxury brands like the Infinity that are looking wobbly now. All this in spite of the top quality of Japanese brands. Quality is not a trait often associated with brands from the middle-kingdom though!
Cant wait... 😅😊
@@erhan3259so what ? The first human walking was in Africa and look at there now
@@jarjarbinks3193 First of all, China is not Japan, and secondly, China believes in the motto, "Nothing is impossible", so I think we will see China's own Mercedes, Porsche, etc. in the near future, and not have to pay the same expensive prices. This is not referring to the stereotypical copycat of the past.
The dragon has woken up
Their century of humiliation is officially over
"China is a sleeping giant, when she wakes she will shake the world"
-Napoleon Bonaparte.
@@dbdesignlabs Yep! The middle kingdom is back to its rightful place.
@@Neftegna As I recall it the Middle Kingdom became a pauper because it believed it was the Middle Kingdom?
Part of the reason for Chinese carmakers' success is how much less they spend on upper management, including CEOs, and on dividends. Less money wasted on useless parasites or diverted to shareholders, more money for R&D (better products and lower production costs), expansion (faster growth), and wages (higher morale).
I mean, GM's CEO takes home over 20x more than the highest paid executive from BYD, and as far as car sales go GM is just 2x larger than BYD.
China's early lead in the EV race has all to do with the CCP's coercive and discriminatory NEV policies. Chinese EV/battery companies can't compete without protectionism from daddy Xi.
EU , calling unfair, the hypocrisy
It's quite well known that Ursula von der Leyen is actually the representative of US rather than EU....
The only thing politicians can do is play a public virtue signalling game. Ursula Leyen is the virtue signalling evil witch of the West. She has lost touch with reality and has lost virtually all her sanity and has no sincerity left in her.
Greedy corporations are very upset on why public is getting an affordable car. 😑😑
Volkswagen has already joint development with Xpeng. It’s not that hard, just ask Chinese companies to collaborate.
when did that happen? sheesh was wondering why my xpeng pumped so hard
westerns are so jealous of china's auto industry
I am a poor middle income malaysian, nothing wrong in getting lower cost cars which rich people can buy. The world does not belong to the rich only. And global warming affects rich people too
It will not be cheaper because of AP
If the car is safe, then what’s the problem? Local consumers doesn’t deserve a good deal?
Well of the nearly 30 Chinese cars tested under the latest EuroNCAP standards over the past couple of years, ONLY ONE received a 4 star rating...
The other 20 plus models all got 5 stars.
@@tren133 just about to flamethrower you lol
If my memory is correct, EU and America also have tax-cut policy towards EVs.
France, focus on innovation and improving productivity instead of worrying about China!
I think China has learned to focus on going forward on the road of development, and has learned the politicians of the West are just blabbing heads.
Guess the person who choose the title of this video doesn't know that EVs don't have gears
This gear is not used for cars it is used for company speed 😅😅
and I guess you don't understand English idioms
They do. Artificial Gearing simulation of how fast of a response programmed in the system
it is cheap because parts like batteries, motor,electronics are source LOCALLY
Its good to buy cheap cars than expensive ones
Chinese car is only 2% market share in Europe, compare to Japanese and Korean car, it’s nothing. Cheap price car has also be good for European consumers.
Europe is drawing the anti china settlement along with america regardless of what the facts say
It was not an issue with cheap china products before. Actually from my understanding, China has the least subsidy for car companies in the world. Actually EVs are so affordable that China is even cutting tax break for EVs. The only subsidy China has is to provide cheap electricity and charging infrastructures. Chinese EVs are actually more expensive in Europe than what they sell them in China. Tesla may be the company that received most subsidy in China from the Chinese government.
You don't understand anything then. China has been subsidizing EV/battery industries since 2009 fairly comprehensively and exclusively to benefit their local companies only.
I mean they have peak efficiency with all the robots they use to make the cars
We European must only support American cars to prove our loyalty.
ha-ha,you're humorous😂
you are chinese stop lying
I drive two overpriced European cars in China, Porsche and RR. when I went to Shanghai Autoshow both of my car brands didn't dare to get me a bottle of water meanwhile LI, NIO, XPENG, and other Chinese premium EV manufacturers had pizzeria, Starbucks, and resting and play areas for their customers. European brands need to come out of the cave and see the reality.
Dear EU USA, you can also give huge subsidies for your car manufacturers to compete, if you have not already .
What is stopping you?
What is wrong with selling the same cars for cheap?
China exports 15% of its capacity. Germany exports 85%. Do we even want to talk about what percent of LVMH profits come from export? Come on this is absurd.
Dont you think they arre electric less pollution and cheaper than tesla,and even if they are giving subsidy it is better for consumer
How many mobile phones are made in Europe? After few decades the same situation will be with the cars.
India said in year 1998 that they will be superpower by year 2020 or earlier.... 😏🤭
You should showcase NIO’s cars self swapping batteries
It's only free market if the product comes from Western Brand
UN: save the world environment
China: ok, I will make ev car to save environment
India: we make our cow car too
And they’ll get taxed to the hilt upon entry paid by the consumer
When the EU talk about state subsidy they are talking about themselves.
Mercedes and VW have been selling their cars in China for many years and earn lots of money. How come they are not concerned about reaction from China.
EU & UassA - "The prices are kept low artificially with huge state subsidies"
China - "tell them how HUGE"
EU & UassA - "3 billion dollars"
China - "good, now tell them how much you subsidies in EV"
EU & UassA - "36 billion dollars 🙄"
Reminiscent of 2004. China was accused of dumping cheap shoes in Europe then.
Now they are dumping EV.
China's great leap forward ❗
10 years ago Elon are still laughing at BYD....today, who's laughing now😂
I think Elon is one of the few western executives that respected China's industrial capabilities since the start
Why does she call the global market "our market".
But how about all these videos about Chinese EVs on fire?
same as telsa EV cars also on fire, and losing control
Who was the powerhouse before 😂and who was concerned before ?
I'll buy cheaper and better products. Why do I have to be punished with tariff!?
With so much technological advancement in China no wonder EU is in panic mode.
"China will be the dominant global player in the transportation sectors of the future." ~Bloomberg Technology
Meanwhile Britain is thinking of smuggling opium into China and France is preparing to surrender.
What about build, safety and crash testing standards?
Excellent,the most recent industry standard safety Euro NCAP crash test awarded BYD's Atto 3 model the maximum 5* safety rating similar to Tesla.
EU should do everything to provide the buyers cheap EV, but it will likely do everything to deny cheap cars to the buyers
competition is good for consumers. governments get out of business.
No body is forcing you to buy.
consumers want VALUE!
I wonder how Napoleon see China's potential so far ahead of time. I know he is an amazing strategists but what data points could possibly be available at the time?
China went through some steep decline then.
China was the world's largest economy for 500 years until 1810 when the British invaded them. Everyone knew they would rise, they just didn't know when, we are experiencing it now
@@dbdesignlabs Yeah but historically, empires fall and rarely recover (not calling China an empire but just a loose term).
Roman, Ottoman, etc etc...
There must be something specific Napoleon saw with the Chinese with his insight. Something that allows him to see so far into the future.
basically when you're a nation with billions, you're strong.
India？Indonesia？@@jglg7238
@@jglg7238 not completely correct, population is just one of many factors. In this regard, India can be referred to.
Over capacity VS under capacity....Who wins????
It's not concern, it's called pure jealousy 😂😂😂
Thats good balance
All Made-in-China are a major concerns 😂
Buy 49% share of car company for your respective country unit
For regions like Hong Kong that do not produce EVs, we are delighted to import what are known as overcapacity EVs.
As for those regions producing EVs, you have two options: either increase your productivity or raise tariffs to protect your auto industry in the short term. However, in the long run, good luck to you.
Since decades , EU, US, Japan selling cars and no one complaint.. As someone else rises n progress, the problem starts
The UAW is screwed
So prices are kept low for the EU citizen is bad? How does paying more for the same car good for the citizens?
One EV is assembled in one minute!!! From one car factory alone! Wow! That means 60 cars per hour!
Then be competitive with your products.
What the guys said is industrialized internet and IoT, not 5G and AI. Bad translation.
Why is Ursula so smart!😢 Keep her forever.😅
They have a head start.
What do you think a bailout is?
Why any successful step from an other country, always causing so much concerns for EU and the US, the rest of the world always appreciating their successes in every aspect of life while at their term they don't react to others positively as others does to them. 🤔🤔
Egocentric behavior !
Why concern?
I only buy reasonably priced goods. Whether they are foods, clothes, home, or cars, especially EV.
why does the red color look so strange?
Look at Tesla if they can't sell EV they simply drop the price. Unlike German and French. No point for anyone to get ugly EV car with short range for double price. Example VW ID 3 40k€ and BYD Dolphin is looking better inside not 5in screen like in VW only for 30k€ and you have same range around 400km
Dolphin also has LFP battery and heat pump in standard version. It's more comparable to Cupra Born, with price around €28k. Not as pretty as Born, but close enough.
@@AndrejMejac There is better options just go with Tesla model 3 which is 39k euro and way more reliable and better looking EV. VW ID 3 is ugly inside and outside it is like mk6 golf inspired and outdated design.
@@idkoolproduction The last performance model 3 is indeed seriously tempting, I'll admit. I used golf a lot through the years and ID3 is not that horrible to me, but Born is quite pretty, on the same platform. Still, Dolphin, LFP, heat pump, solar roof, €28-29k .. :)
@@AndrejMejac VAG or Renault is popular and reliable brands but they have to make EV cheaper and better because it is more important for the new EV customers. Ban or make some limits for Chinese EV because they did better and more affordable product for people it is just wrong.
And these Chinese cars offer more for a lower price.
Thank you to the EU for helping promote China's electric vehicles
Short sighted! The cheap price is from national subsidy ie Chinese tax payors. Once the domestic competitors died off, the chinese EV price will double or triple.
Just close your eyes and keep your own work , in which you can make and which your family can effort.
Do you know what 'vibe' is? If one gives a negative vibe, you receive a negative vibe. Like attracts like.
At least we can drive cheap and good car :-) Compilation is good.
Indians said India will be the next China and replace China as the world manufacturing hub and manufacturing factory of the world by a decade. They also want to surpass China in all aspects of technology, GDP, infrastructures including space technology and more kilometers in the length of high speed railways than China. Very ambitious planning.
I wouldn't call it planning, but a dream. There is nothing wrong with that. Whether the dream can turn into reality, that's a different story.
Before they start dreaming about surpassing China's 45,000 km of high speed rail, maybe they should start by building a single km of high speed rail first. Because AFAIK the amount of HSR in India remains at a big fat zero. Same deal with EVs. It took the Chinese, with their far larger industrial base and car market, a good 15 years to build out their EV value chain which is now giving Europe/US so much fright. It would take India far longer to try to match that, and they should just start working on it instead of talking about it.
First of all, does EV really greener than gas cars?
Yes if your electricity is sourced from renewable energy.
China is leading in EV tech but at what cost? You forgot to add this part DW news.
Have no idea if the car is any good. Could be no good. Takes years to really know.