Chinese EV Invasion – It's Too Late



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37 thoughts on “Chinese EV Invasion – It's Too Late”

  1. In the past two years, the Chinese government has stopped subsidizing electric vehicles. The reason why Chinese people buy electric vehicles is that electricity can save one-fifth to one-tenth of gasoline. This is very important because it is not a matter of protecting the environment, but a matter of technological progress. So why don't Westerners buy electric vehicles? One of the main reasons is that electric vehicles are too expensive here.

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  2. Ben , the problem is NOT the government, most AMERICANS recent that the government and YouTuber like you in your California Bubble are forcing EV many do not want….. I like my Tesla Model Y, but I am honest to admit, it is NOT for everyone , specially when it so hard to charge non Tesla EV………I hope you are nat taking money from an entity that is being funded by China CCP …..you know they do that.

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  3. The automotive industry losers are loosing for many factors, not just because they were slow to adopt EVs. Pandemic, inflation, supply chains, etc. Its more complex than just EV adoption. More and more people in the West are realizing that buying a new car every 3-5 years is no longer feasible… so obviously the car brands will have trouble with a more humble and wiser market… EV adoption will increase as a side effect, but there is no direct cause and effect relation here..

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  4. When it comes to far competition anything that threatens their current model is heavily propagandized against which is why you and many others are dead set against Hydrogen as they have lied to all of you successfully about how to get hydrogen directly from water. I'm sitting on the science behind it all and have these folks at me constantly telling everyone around me that the technology doesn't work when in fact it does. Here is the scientific theory behind making use of water as a fuel, "All Molecules can be separated into their component atoms by taking away the electrons from the atoms that make up the molecules." So, yes they can stop emerging science when it threatens their bottom line as I am quite sure you have never heard of this scientific theory, yes, and you should wonder why that is?
    The interesting thing about making use of water as a source of fuel is any vehicle converted to use water as a source of fuel actively cleans the air as it is operated which gives it a negative carbon number which, yes, best the electric vehicles as they are zero carbon after their creation if done properly. All of this I am telling you has been suppressed by those whom sell energy for a living and the governments they control as they will lose everything if this technology were to come out. This technology I am talking about is quite old as it first came out way back in 1968. How it works from a layman point of view is it mimics the earth's global electric circuit which breaks the bonds of the water molecules by way of ionization to get the electrons away from their atoms and if you know anything about science you will know that if the atoms which make up the water molecules lose their electrons those molecules those atoms formed simply fall apart as there is nothing left to hold those molecules together. Basically you proved to me in this video just how naive you are to the powers of those whom have all the money. The only way to beat them is for them to lose control of something like they did with the rise in EV's as they thought the whole idea was fool hearty and didn't put much propaganda against the technology until it was too late so they used their powers to put taxes on the technology to slow it's adoption but they don't control China and as you have seen China went all in on the EV technology.

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  5. Congrats for figuring it out and exposing the truth. I have been trying for years to explain this to people but they never see the big picture. The Global car market could care less about our tiny miniscule sliver of the car market. We are heading backwards to the stoneage as China has a 30 year lead living in the Jetsons world. In another 10 years as we recede their tech will seem like alien tech to us. They own 33% of the Global car market, by the end of this year they will be close to 50%. We make absolutely nothing that can compete with Chinese EVs on any level. And the fact that 70% of new car buyers want Chinese EVs should scare the he'll out of our Governments in North America. But as a new Government comes in trying Einsteins definition of insanity and sticking with big oil thinking our problems will dissappear is sheer delusional. Every time throughout history when an old tech is replaced by new tech that is 10x better it renders the old one obsolete. This is oil, the vhs player, the horse and buggies, caves. There are at least a million examples of this and without exception this equation stands. Remember to explain regulatory credits legacy brands spend tens of millions on buying from Tesla. Then remind them why ICE vehicles are double the price and 2022 models still sitting on lots. And why ever car ad is for EVs. It's because they can't sell the legacy crap EVs and are raising ICE prices to force into buy their crap EVs. We build EVs for Millions as China builds for Billions outselling us 5 to 1.

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  6. We have FOUR Teslas here in our extended family in Oz, two 3s and two Y’s. 🇦🇺 Two are made in China (the Y’s), and the two 3s were built in Fremont.
    The Chinese ones are considered by most if not all to be better build quality than Fremont.

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  7. My issue is not with the Chinese subsidies, as all EVs require subsidies to be competitive in the world auto market. The reason the US puts up tariffs is to protect the over 2 million auto related jobs in this country. This is a trade war with tremendous consequences to both sides. The CCP has all but banned ICE vehicles, if the West is to survive, they must ban all EV vehicles in like kind.

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  8. The United States should allow Chinese companies to build factories in the United States to produce electric vehicles, and then force them to sell their companies to the United States.

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  9. Don't do what I do, do what I say. all this is – lobbying. Should be banned. Full stop.
    Here in the UK I drove past a massive new dealership in Peterborough – BYD. It isn't the end of the beginning, it is the beginning of the end.
    What is commonplace in China is fantasy here in the West – super fast charging times, incredible cars for not a lot of money.

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  10. Umm, claiming that the canning of Stellantis' CEO has anything to do with their late adoption of EVs is a massive opinion, not even remotely an undisputable fact.

    Have you actually looked at what's happening over there? What happened is that Tavares has cut costs (short term good for profit, not good for brand loyalty or employee loyalty) while trying to position their traditional US market favorites as premium vehicles with artificially inflated prices that most people simply cannot afford now (even if they wanted these vehicles after the quality downgrades). Now they have a lot of unsold stock sitting at dealerships, which they have to sell at a significant discount. At the same time, he's tried to cut promised investment in the US and slashed jobs in Italy, riling up unions…

    Meanwhile, they've been playing the consolidation game — trying to reduce the total number of platforms and models — to reduce costs. Another goal with these common platforms is to enable simple retooling to produce either ICE cars, hybrids, or BEVs according to market demand. If anything, they have been quite aggressively pushing towards electrification, even in a market where people don't want (to pay for?) EVs and would rather have an affordable truck. Along the way, they've slashed popular models (or specific big gasoline engines) that brand loyalists would still want to buy.

    It's hard to say what the situation would look like if they'd been early to embrace EVs, and there is a chance that they'd be in a better position now, but being late to that market does not explain the current situation or Tavares' canning. The market just isn't hot for EVs. In fact they have one of (if not) the cheapest EVs in the US: the 500e. And it does not sell, so they have had to slash production.

    The situation in EU looks a little different and e.g. the Citroen e-C3 won many car of the year awards, is priced lucratively (for an EV) and I'd expect it to sell well. But the margins on that must be low and it is unlikely to help with the US market where people want affordable SUVs and pickups, not electric dodge chargers or small fiat 500es or overpriced "luxury jeeps". I doubt the e-C3 would sell well in the US, even if it sells like hot cakes here in EU.

    Frankly I don't believe the Chinese headway on electrification is giving them a massive advantage. The technology is not that difficult (precisely why a lot of upstarts in China manage to pull it off), and a company like Stellantis (sitting on tens of billions in cash) is more than capable of flooring it on electrification when they think the market is ready for it.

    What makes Chinese EVs lucrative is their price, of course, but it's not as if western companies couldn't offer something reasonably priced. Especially if subsidised to match!

    But it's just not typical for western companies to compete aggressively on price. Even when they compete on price, they'd rather be about as cheap as the cheapest "equivalent" competitor, not significantly cheaper. See what happened with Dacia. They used to be extremely cheap compared to the rest of the European market. When Romania joined EU, people e.g. in France suddenly started buying these extremely cheap cars (and Romanians started importing used cars from other European companies). Before long, Dacia hiked up their prices and while they are still cheap, they're about on par with the cheaper models from other mainstream brands. Why would charge any less than you can get away with?

    I'd expect a similar pattern with the Chinese brands. They will enter the market (often in collaboration some western company), perhaps initially at a decent discount, but will eventually come close or meet western prices. Someone is making a good premium on them at that point. Speaking of Stellantis by the way: they teamed up with Leapmotor and are bringing these EVs to Europe. What do you know, these are priced pretty close to western (gasoline) vehicles in their class. Which means you get a decent discount over western EVs, but that gap is narrowing as cheaper models (such as the aforementioned e-C3) are now entering the market.

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  11. Chinese never call it an Invision when American, European cars took over and dominated their automobile market 20-30 years ago. Now, they have competitive products and you started calling it invision.

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  12. I'm not sure how it would work but instead of selling a car the Chinese could sell the parts to companies that convert cars to electric. Right now it's cheaper to buy a electric car than convert a gas car

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  13. THE BIG THREE WOULD BE DEAD IN THE WATER 50 YEARS AGO IF IT WERN'T FOR TAX PAYERS BAILING THEM TO THE TUNE OF TENS OF BILLIONS EACH TIME . WE CAN'T AFFORD 80 PLUS GRAND FOR A CAR OR TRUCK 'SO AN AFFORDABLE AUTO SOUNDS GREAT NO MATTER WHO BUILDS IT AS LONG AS IT IS RELIABLE AND NOT A MONEY PIT OR PAPER WEIGHT . BRING THE CHINESE EV'S AND LET THE PEOPLE DECIDE IF THEY WANT THEM . WE HAVE EVERYTHING MADE CNINESE ANYHOW .

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  14. You guys really need to look at industrial policy (subsidies) and over production. This guy really misses the point. Search for an economist on here explaining things instead of some random commentator with Chinese brands for sponsors. That being said here’s my two cents, the subsidies basically export unemployment from china to its trade partners. Tariffs are blunt economic tools with side effects aka blowback but industrial over capacity and a lack of domestic demand in china affects other countries who trade with china. There’s a difference between subsidizing oil production in the US because China doesn’t export oil. In a similar way, Thailand isn’t as affected by subsidized cars from china because they don’t produce or export cars. So Thailand is a beneficiary of china’s industrial policy just like china is a beneficiary of the US subsidizing oil production, which helps stabilize global oil prices. But America and the EU build cars, which means over investment in China creates trade imbalances. In a globalized economy if one country sells more, it means another country has to buy more. Things are supposed to balance out because of regional differences in supply aka country A has a lot of oil but a small population and country B has a large population but no oil. Country A sells oil and buys goods, country B buys oil and sells labor in the form of manufactured goods. The goal of globalized trade is to find the balance. Tariffs are intended to correct imbalances. Plus some countries may engage in predatory behavior aka attempting to corner a market and put other manufacturers out of business then raise prices well above previous prices. This is called dumping. If this behavior is predatory, then tariffs are a counter measure. I’m sure a lot of people know what it’s like to have a company offer discounts then continually raise the price hoping no one will notice. The US is also investing in industrial policy to incentivize our automakers to be more competitive. Auto prices here are too high in the US but that doesn’t mean artificially low prices from China are good in the long run. And this doesn’t even address geopolitical competition that goes beyond economics. But anyway, don’t take my word for it. Go and listen to economists and make up your own mind

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  15. Well, if you like China taking over the rest of what the US does, then fine. But we don't need them to send their cars here – they can make them here just like everyone else. Until of course they won't want them from Mexico.

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  16. Just spent three weeks holiday in Marocko and was thriving up and Dow all of the country and on every rest place on the motorway, lots of them there was a shop a restaurant toilets prayer area, play are for kids and electric charger. Didn’t see many electric cars but when people want and can afford them the infrastructure structure is there. The motorways costed a fee but boy there was smooth and in super condition and as they go over mountains there was sand pockets to halt you if the brakes gets overheated. There was employed garbage collectors walking on the side of road so it was spotless. Very impressive. North Africa is on its way to electric cars too. Renault/Dacia build cars in Marocko.

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  17. One problem with this. You say the Shenzhen bus fleet was converted in 2009. When Tesla had the Roadster 1. That's not correct. It was converted between 2016 ad 2018. It takes about a minute to check that out.

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  18. I am against EV tariffs without taking the tariffs fees to subsidize acceleration of American EV production and have the government become a majority stockholder and guarantee living wages, pensions, new job training. We need to grow rhe economy, transition to electric, and improve the economic situation of all working class Americans. This will also clean up the very unhealthy toxic pollution in congested urban city areas. The people living in or commuting there suffer serious long term health costs many years later. Although pollution has improved greatly since catalytic converters adoption, much of that improvement has been reversed by catalytic converter theft, increased congestion, brake dust. That could be all eliminated with EV adoption.

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  19. China is looking for world dominance both economically and politically. If you don’t understand that, then you are either ignorant, not for the USA and all other free countries, or don’t understand world trade. Wake up. Or do you want Chinese currency to overtake US currency. Where would Europe and Japan be if the USA had not helped them out along with lots of other countries around the world. The world is not in crisis regarding CO2. This is just a big scam probably being pushed by the CCP. Don’t but any cars from China or any other dictatorial government. I am unsubscribing from your channel. Maybe if you had parents that fought in WWII you might have a better understanding of what a dictatorship really is. They treat their citizens horribly.

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