Car Wars: the US, EU, Japan, Korea can’t keep up as China adds 6 million tech grads a year

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  • čas přidán 4. 05. 2024
  • In China there are over a hundred car brands and millions of engineers who are battling for control of the Chinese market, and the world's. This is leaving legacy automakers everywhere else scrambling to find Chinese partners.
    In Asia Times' analysis of the Chinese car market, they identify the key market positioning strategies of China's top brands, and how carmakers around the world are trying to keep pace.
    Resources and links:
    The reckoning: Chinese car wars
    Demographics rule as the US, the EU, Japan, Korea can’t keep up while China adds 6 million tech grads a year to its workforce
    asiatimes.com/2024/05/the-rec...
  • Věda a technologie

Komentáře • 208

  • @barrywong4327
    @barrywong4327 Před měsícem +47

    China has risen chiefly due to its superb human capital. For thousands of years, education has always been highly regarded. Even for families with limited economic means, parents will make sacrifices to the nth degree in order to privide their children with a good education. It is not uncommon to find owners of vegetable stalls in the market sending their children to colleges overseas in America.
    Education is in the Chinese DNA. Its human capital will continue to propel the nation’s growth in all technological sectors.
    In the US, kids are captured by popular culture and celebrities, be it sports stars, entertainment idols, etc. Serious studies are just too much work with little glamor. Who needs it. On top of that, the ruling elites are happy to spend on the military any day. Education is an afterthought at best.
    China, you’re setting a good example for the developing country of the world. Keep up the good work.
    And, Kevin, keep up the good work, man. Love what you bring to us on the ground from China each and every day. Thank you!

    • @yono4633
      @yono4633 Před měsícem +1

      education is just a piece of the pie

    • @UKkenny
      @UKkenny Před měsícem +1

      think you are pushing it abit here - It is not uncommon to find owners of vegetable stalls in the market sending their children to colleges overseas in America. 😁
      but yes , its in their blood .

    • @Cfb2987
      @Cfb2987 Před měsícem

      Say what you will in criticism of America, but the American system produces risk taking innovators, inventors and amazing artists and athletes. American culture prizes freedom, individuality and innovation over obedience, conformity and tradition. If a kid wants to study, they are given all the resources they need to go as far and high as they like. - We don’t produce as many engineers as China, but the ones we do produce are amazing. They’re amazing because they really want to be engineers. They’re not doing it to please their parents.
      There is something to be said for this. It matters.

  • @edwardh371
    @edwardh371 Před měsícem +33

    I cannot believe that this CZcams channel has only 15K subscribers, it should be at least 1.5 million. This channel should be required for all students majoring in business/finance.

    • @frankm6218
      @frankm6218 Před měsícem +5

      Unfortunately not a lot of people are willing to hear honest opinions., it is why.

    • @JosephTin
      @JosephTin Před měsícem +4

      Good medicine is bitter.

    • @alhkcblack9617
      @alhkcblack9617 Před měsícem +5

      UTube algorithm doesn't favor pro China stuff 😅

    • @junizhao
      @junizhao Před měsícem

      People like to stay in their comfort zone!

  • @trekpac2
    @trekpac2 Před měsícem +36

    6 million in China versus 200,000 in the US? Game over, check-mate.

    • @fool9111z
      @fool9111z Před měsícem +5

      Or 400K in the US, depending on what is included. Nonetheless China graduates 10x engineers more than US, or 5x of US and Europe.
      The world is just beginning to feel the impact of China. The padt 20 years was only a precursor. China’s demographic dividend may have passed but the engineer dividend has just begun.

    • @dimelo3027
      @dimelo3027 Před měsícem +3

      ​@@fool9111zin the US most STEM grads are computer related. In China most STEM grads are civil, construction, mechanical engineering, the "real" engineering majors. Big difference.

    • @Cfb2987
      @Cfb2987 Před měsícem

      Have you ever watched the movie 300?

    • @peterttchung8405
      @peterttchung8405 Před měsícem +1

      @@fool9111z There's more, students in the West are more interested in politics, few can do maths.

    • @jessicayoung1190
      @jessicayoung1190 Před 26 dny

      @@dimelo3027 How do you account for China's space program , EV , Battery , solar panel , High speed rail accomplishment . Lol

  • @teebone2157
    @teebone2157 Před měsícem +52

    In the US they want to discourage higher education while importing grads from other countries

    • @user-ed9so2rb4k
      @user-ed9so2rb4k Před měsícem +9

      I thought a number of Governors wanted to get votes by ensuring that their high school graduates need not pass Mathematics as a subject! Wanna be a STEM researchers??

    • @gregwang8628
      @gregwang8628 Před měsícem +8

      There’s a counter measure rampant in the US called anti-China sentiment which is considered a necessary measure for the “national security” strategy 😂

    • @brianliew5901
      @brianliew5901 Před měsícem

      It's only the begining and cry babies in the West are wailing like there's no tomorrow not knowing the worse is yet to come. 😭😭😭😭😭

    • @justme6275
      @justme6275 Před měsícem +3

      this will only work if they can pay more than other countries/companies.

    • @marcv2648
      @marcv2648 Před měsícem +2

      Irrational wokeness drives all US policy. It is the most important thing in corporate America.

  • @sinnieleeonUtube
    @sinnieleeonUtube Před měsícem +20

    The companies in the west want maximum profit by increasing the price, whereas Chinese companies generate profit base on more sale volume. Which in turn is also good for the economy because more volume means more employees.

  • @daveh5947
    @daveh5947 Před měsícem +35

    Jannet Yellen will be back....for a few Beers with the lads.
    "Oooh please Guys, stop making so much!"

    • @BebekGoreng88
      @BebekGoreng88 Před měsícem +3

      or rather "stop graduating too many engineers and scientists, that's not fair."

    • @MetaView7
      @MetaView7 Před měsícem +2

      "Oooh please Guys, more please!" (she is talking about treasuries).

    • @DailyBeatings
      @DailyBeatings Před měsícem +3

      @@MetaView7 "Oooh please Guys, more please!" - I wouldn't wish that visual with Yellen on my worst enemy...🤮

    • @adis.g6569
      @adis.g6569 Před měsícem +1

      Snake yelen

    • @BebekGoreng88
      @BebekGoreng88 Před měsícem

      @@DailyBeatings you made me realize something. it gives me goosebumps....

  • @alfredscng1
    @alfredscng1 Před měsícem +12

    Why US importers have to sell Chinese goods at such high prices ? High taxes? Tariffs? high labour costs ? GREED ?

    • @alanbgtan
      @alanbgtan Před měsícem

      After tariffs & taxes, definitely greed. The US proprietors reckon they are worth USD1000 an hour. Look at their CEOs! How hard can it be? Decision maker! It’s either this option or the other. It’s either yes or no. Most of time if you hve experience, it will assist your rationale

  • @niosanfrancisco
    @niosanfrancisco Před měsícem +19

    GO NIO ! -Don't forget the sub-brand release which should right side NIO's finances.
    Also selling IP to Forseven its just the beginning. NIO Power on its own is the core of profitability.

  • @douginorlando6260
    @douginorlando6260 Před měsícem +3

    Engineering is not respected in the west. For example a month ago Stellantis’s CEO announced 400 Chrysler engineers are being laid off. If the CEO cut his pay to only 10 times what the engineers were being paid, then the company could have kept the engineering staff.

  • @verypleasantguy
    @verypleasantguy Před měsícem +61

    The number of tech grads a year pales to the fact that the East Asians are much more disciplined than those in the West
    Unless you guys can work as diligently as the East Asians, you have no chance to overtake them

    • @silvertone1
      @silvertone1 Před měsícem +1

      Then we have no chance. Every generation gets lazier, weaker and more antisocial.

    • @antwango
      @antwango Před měsícem +1

      yup Chinese are taught to try harder!! be a doctor by lunchtime a physicist by midnight or no breakfast!!! XDDD
      in fact seriously werent US universities unfairly requiring specifically Chinese students to pass a different higher grade than their other fellow students a few years ago, i think i heard it on Joe Rogan as well as somewhere else.....
      Chinese students required a higher pass mark than other students!!
      it was a racial thing.... it was a tactic to stop Chinese students getting all the top places.... but the Chinese students still managed to work their cajones off and get in!!
      it was like a sanction on bright Chinese students but Chinese students went and pushed harder!!!?
      its mental to even think about, you think squid game was tough!!?

    • @mobiuszero1018
      @mobiuszero1018 Před měsícem +7

      Facts...

    • @adolft_official
      @adolft_official Před měsícem +3

      Sounds like What Hitler said about aryans

    • @sinic1978
      @sinic1978 Před měsícem +12

      Our Chinese culture is the foundation of our competitiveness.

  • @user-jd3us8io5e
    @user-jd3us8io5e Před měsícem +27

    Over recent years, the US graduates millions of soft majors (i.e., gender studies) each year- is this not going to propel the country forward in the future? Edited for clarity.

    • @silvertone1
      @silvertone1 Před měsícem

      No, but still better than high school dropouts.

    • @verypleasantguy
      @verypleasantguy Před měsícem

      Do not poo-poo those studying gender studies in the humanity studies
      With 98+ constantly changing gender entities, it's mind boggling how can any sane person memorize all the 98+ variables !

    • @Birthday92sex
      @Birthday92sex Před měsícem

      I hope you are being sarcastic? Are you? For real are you?

    • @user-jd3us8io5e
      @user-jd3us8io5e Před měsícem +2

      @@silvertone1 Dropouts who refuse to work, maybe. Dropouts whom work, people that finish high school and work in the trades or go to community/technical college, no. A large percentage of degrees we pursue in the US will not help us keep an economic edge. Our lack of sense of self-preservation astounds me.

    • @carpediem44
      @carpediem44 Před měsícem

      Clearly, you didn't major in statistics or library science. Care to back that assertion up with stats or sources?

  • @DarrenMalone253
    @DarrenMalone253 Před měsícem +1

    You’re the only channel I found with this insight. It’s really needed by so many people.. keep this up sir 1 million subscribers will be on the way

  • @user-on3ie9uv3x
    @user-on3ie9uv3x Před měsícem +28

    When you consider the four key factors of manufacturing: people, methods, capital, and markets, one can easily predict that China is a potential leader in any product as long as the product is deemed by the Chinese government to be of great significance to the national economy. Simply put, if a technology is not protected by patents (and therefore subject to sanctions barriers in some countries), it will be produced in China, better and cheaper. It's just math.

    • @Cfb2987
      @Cfb2987 Před měsícem

      Cheaper, probably. Better errmmmmm…..

  • @angryranger4552
    @angryranger4552 Před měsícem +46

    Greed is the downfall of the West!

    • @sciagurrato1831
      @sciagurrato1831 Před měsícem +2

      Greed is just one of the Seven Deadly Sins that the west specializes in.

    • @khunjam8852
      @khunjam8852 Před měsícem

      EXCEPTIONALISM & arrogance will be their downfall..

  • @ramonching7772
    @ramonching7772 Před měsícem +1

    I guess we can call it a tsunami of competition against the legacy automakers.

  • @Empireoflies1984
    @Empireoflies1984 Před měsícem +23

    China has 6M STEM graduates. USA has a monopoly on athletes graduate to nfl, nba and mlb. USA got those athletes that will build the country for the better.

    • @uselesstable2058
      @uselesstable2058 Před měsícem +2

      and more for the military

    • @mr.kaboom8729
      @mr.kaboom8729 Před měsícem

      *US got more story tellers than practical engineers to improve their infrastructures and playing destructive politics all day long, All Night Long as Lionel Richie Sings*

    • @jorad4887
      @jorad4887 Před měsícem +2

      didn't think of that you are right, the usa is moving the wrong direction as they invest more into sports while china invest in stem programs

    • @melvinbarnett1910
      @melvinbarnett1910 Před měsícem

      Faaacts 😂

  • @edwardkon939
    @edwardkon939 Před měsícem +1

    Kevin, Chinese automakers, especially NEV makers, pose the greatest threat to all legacy automakers from Germany, Japan, US and Korea all rolled in simultaneously.

  • @lityoungkok5879
    @lityoungkok5879 Před měsícem

    I look forward to your analyses. Well informed,fair and balanced. Thank you.

  • @trekpac2
    @trekpac2 Před měsícem

    Top knotch work. You deserve to have 300,000 subscribers in a year or two.

  • @mmendezanahuac
    @mmendezanahuac Před měsícem

    Very informative and interesting. Thank you.

  • @user-xp4of2vu4r
    @user-xp4of2vu4r Před měsícem +4

    Thanks. We need the kind of information and understanding of comparative country assets that you provide. Here, in the West, we are wasting the benefits we have left by squandering valuable and limited human assets by concentrating on providing Inclusion, Equity and Diversity (or whatever) in attempting to make a silk purse out of pigs' ears. And your viewers know exactly what I mean. Many professionals have clearly proved that the bottom of the barrel generally stays there and no amount of $$$ will change the outcome. As a result, our very economic and social future is in danger.

  • @STRATLOB
    @STRATLOB Před měsícem

    Today, I visited an auto parts factory in Tianjin belonging to a burgeoning company and was thoroughly impressed. I'm eager to explore business opportunities with them, especially considering that many major car brands source their parts from China.

  • @theansangong2659
    @theansangong2659 Před dnem

    The increasing numbers and the quality technical graduates produced are making all the nonChinese car manufacturers nervous!

  • @dsc0273
    @dsc0273 Před měsícem

    Thanks Kevin

  • @BryanChance
    @BryanChance Před měsícem

    It's mind boggling how fast things are developing in China.

  • @michaellorton8099
    @michaellorton8099 Před měsícem

    Mr. Walmsley, you are certainly correct about our need to strongly incentivize more of our U.S. students to get STEM degrees. In a previous video, you correctly advised U.S. students to get STEM and computer science degrees from affordable state universities and much-needed trades-related training from focused trade schools and community colleges. Sage advice, indeed.

  • @Mayangone
    @Mayangone Před měsícem

    Beginning about 50 years ago, engineers were more or less an unappreciated group. I remember walking into a steel plant and the ones driving out of the parking lots with beatup cars were engineers.

  • @AIPretendingToBeHuman
    @AIPretendingToBeHuman Před měsícem +29

    As an Engineer, I'm glad I'm in the US and not in China where I have to compete against six million new Tech grads every year :). However, I feel bad for young US Engineers, as more and more of the really interesting stuff can only be done at scale in China.

    • @peanut0brain
      @peanut0brain Před měsícem +2

      You'll make more money in the US and won't face anti China sinophobia (assuming your are not Chínese )

    • @lifeisgood141
      @lifeisgood141 Před měsícem +3

      @@peanut0brain Make more in the US? Look at the PPP - the purchasing power in the US/EU versus in other countries. People making 200k-300k a year are broke.

  • @cuteandfunnyearthlings2863
    @cuteandfunnyearthlings2863 Před měsícem +1

    BYD is expanding into trains too.

  • @douginorlando6260
    @douginorlando6260 Před měsícem +1

    BYD exports increased drastically in the last 12 months Their share of the western market will soon cut into the income domestic manufacturers have for R&D. When the recession hits, BYDs are going to be the only new cars most people can afford.

  • @iWantPeace838
    @iWantPeace838 Před měsícem +1

    My next vehicle will be a Chinese PHEV. It will probably cost about 2/3 of what non-Chinese brands could offer.

  • @syncmaster915n
    @syncmaster915n Před měsícem

    Cambrian explosion is a pretty apt description of Chinese EV launches right now.

  • @spidermann1256
    @spidermann1256 Před měsícem

    Echoes of how the Japanese bested the US car industry. I was thinking of The Reckoning by David Halberstam, & then your your Asia Times popped up with same title at 0:10

  • @MathewVarkey-lp6gp
    @MathewVarkey-lp6gp Před měsícem

    NIO CEO met NVIDIA boss over the weekend. NVIDIA may partner with NIO USA to develop their own autonomous robotaxi software. Why $NIO? Superior LDAR technology and battery swapping. Both are essential for the success of robotaxis.

  • @user-xq8qx6bg2j
    @user-xq8qx6bg2j Před měsícem

    ❤❤❤Kevin, if we think we can stem this tide or Tsunami of innovation we should take heed of th King Canute fable.. 😨

  • @TAL142
    @TAL142 Před měsícem +1

    The difference is the market used to be in the west. Everything has to sell in the west. The west can ban and sanction all they wanted but it won't affect the domestic market in China. Actually it even helps China technology to develop since Chinese businesses just prefer not to use western technology because of the risk and restrictions. And Chinese products usually have low profit margins so it would be ok to sell in any market.

  • @polysporin8332
    @polysporin8332 Před měsícem +6

    it was 4.5 million Chinese STEM graduates back in 2020.
    wow there is big increase.
    USA and Russia graduates 500k STEM graduates a year. but Russia has half the population of the USA.
    India graduates 1.4 million STEM a year.

    • @theoracle9873
      @theoracle9873 Před měsícem

      India with fake certs , a lot of them. Non of their univ in top 100 Time Ranking worldwide.

  • @kibakobo
    @kibakobo Před měsícem

    3:48 💯

  • @kibakobo
    @kibakobo Před měsícem

    To my all American friends if they haven’t WATCHED Dangerous Minds. That one movie alone defines and describes America. 🙏 🙏

  • @BenjaminTravelTheWorld
    @BenjaminTravelTheWorld Před měsícem

    and they work like mad lads

  • @Fliptop95
    @Fliptop95 Před měsícem

    Good clip! Nio's not struggling though. Soon enough next 4yrs Nio won't have to produce any cars and still make 10billion in profit. BAAS! And that figure doesn't include selling energy back to the grid!

  • @frankm6218
    @frankm6218 Před měsícem

    Well, within the 200k stem grads, some smartest work for wallstreet for big money: then high tech companies. How many stem students would be for American manufacturers?

  • @garyevergreen5035
    @garyevergreen5035 Před měsícem

    Protectionism can no longer do any actual help to change failure into success, especially nowadays.

  • @davisho3638
    @davisho3638 Před měsícem +1

    AMAZING CHINA

  • @stefanopilone957
    @stefanopilone957 Před měsícem +1

    "Stellantis fires hundreds of engineers" this the title of a yt video from FOX 2 Detroit; in the past big American companies moved manufacturing outside of USA, now they want to move also engineering since Mexican, Brasilian and Indian engineers are good the same and cost 1/8

  • @martinwilby8942
    @martinwilby8942 Před měsícem

    be good

  • @ChengliangPan
    @ChengliangPan Před měsícem

    The points is the Chinese grads are free from loans, while those in US must pay for the loan. That means become a engineer in a factory cannot afford the living.

  • @kibakobo
    @kibakobo Před měsícem

    4:42 That begs a question why would China allow them to export while they or their brands can’t. Might be a stupid question.

  • @xinfuxia3809
    @xinfuxia3809 Před měsícem

    AI makes situations more complicated. It will replace a lot of white collar jobs. But the replacement rate will be slower for engineering, operating, maintenance types that require hands on work.

  • @michaelsomething7674
    @michaelsomething7674 Před měsícem +1

    Have you ever tried a mirai? It's just aweful. Big, chunky, and small space in the back. That is why no one wants hydrogen car.

  • @user-ok6re8gv1q
    @user-ok6re8gv1q Před měsícem +1

    Apart from industrial reasons for China to have an edge, its hard working government and people, there is a further advantage that irks the west. On lower crime and drugs infiltration, and cost efficiency of a more harmoniously run, less divisive society, the in-built costs on every level of society - bcos these things are lower in China - means just another edge for China. I can only imagine the higher frequency of violence, thefts/break-ins, vandalism, public property destruction for FUN, etc must add a financial layer of burden that ham-strings the west a lot more than it does in China.

  • @alinux09
    @alinux09 Před měsícem +2

    Math is racism in the states according to some educators LOL

    • @angec.4757
      @angec.4757 Před měsícem +1

      In the UK, 'Math is communism'!!!! This is the ludicrous headline from a mainstream newspapers ( Guardian or Telegraph) when reporting UK government's proposal to strengthen the math curriculum, this is also accompanied by a photo of President Xi.

  • @justme6275
    @justme6275 Před měsícem

    competition is good for consumers, governments get out of businesses.

  • @dimelo3027
    @dimelo3027 Před měsícem

    Civil engineers and mechanical engineers are the lowest paid STEM grads in America. Probably because the share prices of construction companies can't rival those of "high tech" companies.

  • @thesheepthemightythecrazy
    @thesheepthemightythecrazy Před měsícem

    From the recent car show, Japanese brands are straight up copying Chinese EVs and selling them lol.

  • @thisiskevin1000
    @thisiskevin1000 Před měsícem

    Population size matters here.
    One should probably watch other emerging nations like India, Indonesia, Turkiye, Nigeria, Egypt, Mexico, Brazil, Bangladesh, Pakistan, Vietnam….

  • @DailyBeatings
    @DailyBeatings Před měsícem

    From the Asia Times article:
    "Without a surge in STEM grads, the right thing becomes a more bitter pill to swallow - it would require the US to allow Chinese EV makers to build factories and perhaps R&D centers in America." - I posted something similar a few weeks ago and was attacked in the comments. Feels nice to be vindicated...🤣

  • @esphilee
    @esphilee Před měsícem

    Toyota is like the Swiss watch manufacturers in the 80s. They are betting against China’s cars like the Swiss against Japanese watches.

  • @wingkeeho5864
    @wingkeeho5864 Před měsícem +1

    Elon Musk thought he had the biggest best deal from China to build a mega factory in Shanghai 100% under his own name. He now says the Chinese auto mfrs are the best in the world. Perhaps he woke up to find out that he has been taken for a joy ride and helping the Chinese auto mfrs to conquer the world, and may be even at his expenses. 😂😂

  • @donaldong2043
    @donaldong2043 Před měsícem

    The solution to the EV challenge from China? Don't build or delay building the charging infrastructure. There's already resistance to EVs because of range anxiety, charging time and costs, and doubts about EVs "green" narrative!

  • @kibakobo
    @kibakobo Před měsícem +1

    CHINA’s Talent Supply Chain is ORGanic! Not built upon stealing Taiwanese, Indian, Chinese, Slavic/East European Migrant. And low cost Latino labor.

  • @carpediem44
    @carpediem44 Před měsícem

    It doesn't seem like there's room for the "legacy" car makers in China. Perhaps it would be smarter for them focus on other nations: Mexico, Chile, South Africa...

  • @lovemextasyn2589
    @lovemextasyn2589 Před měsícem

    Janet Yellen will be in China next week screaming "overcapacity" in Chinese STEM graduates. 😙

  • @bernardfong1019
    @bernardfong1019 Před měsícem

    Chinese revere scholars and trust engineers.

  • @hz240
    @hz240 Před měsícem +4

    Ch1na is clearly leaving its competition in the dust. Maybe the tatas or tuk-tuks out of ind1a can give them a run? Lol 😂
    I am surprised it is still chilly in Qingdao in May.

    • @ez3422
      @ez3422 Před měsícem +2

      He is in Gansu, northwest China

    • @theoracle9873
      @theoracle9873 Před měsícem

      Hahaha..no way la. Ask the Asians who live and work with em....not all men are made equal.

    • @hz240
      @hz240 Před měsícem

      @@ez3422 correction, Qingdao is noted at the start of the video. His vlogs now feature highlights from different destinations across ch1na at the end of each presentation.

    • @hz240
      @hz240 Před měsícem

      ⁠@@theoracle9873 ah, the work smarter not harder philosophy…

  • @calvinblue894
    @calvinblue894 Před měsícem

    It's only the beginning... China has 250 million with Diploma and above qualifications..
    That's only 1/5 of China's population..
    Every year.. There is an increasing number of enrolments in China

  • @samnur6709
    @samnur6709 Před měsícem

    sophistication is the word i always associate with china.....if you decouple from America's anti china sentiments and propaganda....you will come to realize that the Chinese are among one of the most sophisticated people on the planet....their dignity,culture and generally way of life simply reflects peace,tranquility and prosperity.
    china wants to you at the table america wants you on the menu.

  • @the_manofculture
    @the_manofculture Před 7 dny

    FIRST they laughed at Chinese cars, now they are AFRAID of Chinese cars.

  • @Cfb2987
    @Cfb2987 Před měsícem +3

    “They’re fighting over whatever graduates are left.” BS!!!! I’m literally surrounded by H-1B Indian AND CHINESE engineers here in Silicon Valley!! We import talent from abroad to make up for whatever we don’t produce domestically. The Indian and Chinese engineers don’t leave their families, friends and home countries behind to make less money. They come here to make way MORE money than they can get at home!!!

    • @kibakobo
      @kibakobo Před měsícem

      Ecsrky I just posted a comment with different angle to that. Point is YOU GUYS HAVE destroyed public education system ! and we can see from outside but why can’t you guys the leader of liberal world can’t see that. And public remains super quiet.

    • @marcv2648
      @marcv2648 Před měsícem +2

      Trained my own replacements at Cisco 20 years ago.

    • @georgewilder7423
      @georgewilder7423 Před měsícem +1

      Then how come you're losing the battle !!

    • @China_Rocks
      @China_Rocks Před měsícem

      Those are the China rejects, bro.

    • @Cfb2987
      @Cfb2987 Před měsícem

      @@georgewilder7423 who is losing what battle? Could you be more specific? If I try to answer you now I’ll just be guessing at what you mean.

  • @b.6603
    @b.6603 Před měsícem +7

    Gender studies and liberal arts are all this country is studying - I hear you say
    No, this is not the problem: there are plenty of people in America that would GLADLY take an engineering degree if it was as affordable in China
    The reason we get so many "useless" degree is their affordability. There are plenty of people studying social sciences and gender and art and whatever you want to whine about in China too

    • @user-dj4wf8so8t
      @user-dj4wf8so8t Před měsícem +1

      huh?

    • @Birthday92sex
      @Birthday92sex Před měsícem

      Are you sure about the last paragraph???? Dude are you d_mb?

    • @user-jd3us8io5e
      @user-jd3us8io5e Před měsícem +3

      @b.6603 This a critically flawed: a gender studies or other humanities degree costs the same (or there abouts) at Harvard or University of Missouri as a STEM degree at the same place.

  • @waichui2988
    @waichui2988 Před měsícem +2

    The pain of technological backwardness. In the 1970s, Japanese car began to flood the American market. It took a few years before a lot of people in the US (leadership of the automobile industry, leadership of United Auto Workers, politicians) to accept that the real reason Japanese cars had both high quality and a 40 percent cost advantage was that they had superiority in manufacturing technology: the Just-in-Time manufacturing system. In the 1980s, Japanese car makers made huge investments in the US and technology spread. American companies learned the system and began to be able to compete. The price was part of the North American market. Market for technology, one thing many Americans accuse China.
    We are seeing this movie again. This time one thing is different. The American political class has such intense hatred for everything Chinese that they keep out everything Chinese, hence the failure of Ford's joint venture with CATL to produce car batteries in the US. They do not even consider the market for technology plot.
    You can certainly keep out the Chinese. The price of protectionism is technological backwardness. Not now, but ten years from now.

    • @yunko9369
      @yunko9369 Před měsícem

      It is happening already. China, before the chip sanctions were put in place, imported more chips than oil in terms of dollars. With the sanctions, China is completely self-sufficient on legacy chips like the 28nm and the 14nm which the west predicted that China will take years to be able to make these chips.

  • @oscare014
    @oscare014 Před měsícem

    It is a Macy that you can spy publicly...🎉🎉🎉

  • @antwango
    @antwango Před měsícem

    wait is Kevin trying to avoid being tracked??? hes signing off all over China??? XDDD

  • @kisstock
    @kisstock Před měsícem +2

    You forgot the Korean automakers which are making impressive EVs

    • @brianliew5901
      @brianliew5901 Před měsícem

      The price of those cars are impressive too.🤑🤑🤑🤑

    • @alhkcblack9617
      @alhkcblack9617 Před měsícem +1

      They're not that impressive.. just middle of the road😅

    • @China_Rocks
      @China_Rocks Před měsícem

      Koreans can't make high quality batteries at a low price.

  • @michaelgoh9768
    @michaelgoh9768 Před měsícem

    China made cars are cheaper and have the latest technology.

  • @autoselectricos-americalat9276

    Toyota has no original technology any more and is stuck in the past. For EV batteries it will have to buy them from BYD and CATL. And for autonomous software it will have to buy it from Chinese brands like Huawei.

  • @binhe6500
    @binhe6500 Před měsícem

    Xiami is a phone manufacturer 😂not an iPhone manufacturer.

  • @billhammett174
    @billhammett174 Před měsícem

    When cars run on software - ie., can crash you into a truck - do you really want to go with the lowest price vehicle?

  • @enzhus
    @enzhus Před měsícem +1

    How come you are in different places everyday? 😮

  • @dirkhuman760
    @dirkhuman760 Před měsícem

    EVs are a bottomless pit! Tesla already collapsing! Large junk yards full of EVs across the globe!

  • @deathless3518
    @deathless3518 Před měsícem

    Then why are there so many unemployed engineers in the US? They can’t even get the little they get to do something

  • @alinazang6651
    @alinazang6651 Před měsícem

    I predict the BEV market will almost completely die. All those Chinese BEV on container ships are eventually not going to find markets. I hope the Chinese manufacturers get good at ICE and hybrids very quickly if China's auto industry is going to be a worldwide recognized one.

    • @kensebben1
      @kensebben1 Před měsícem

      I'm just waiting for China to make "ready made" parts for power grid expansion. They can sell you the car and the grid.

    • @skydragon23101979
      @skydragon23101979 Před měsícem

      Your prediction would be totally wrong those who depend on ICE vehicles would be the legacy minority.

    • @barrywong4327
      @barrywong4327 Před měsícem +1

      Predictions are worthless when they are based on emotion, ignorance and not fact.
      Perhaps you ought add to your prediction that hydrogen fuel cars would be ubiquitous in 6 months.