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'MADE IN CHINA': Could China take over America's auto industry?

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Fox Business

Fox Business

Күн бұрын

Barron's associate editor Al Root joins 'Barron's Roundtable' panelists to discuss what it will take for U.S. auto makers to fight back against a flood of cheap electric cars from China.
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Пікірлер: 636
@yuglesstube
@yuglesstube 2 ай бұрын
This guy has no idea what's coming. Arrogance and hubris.
@LucidDreamer54321
@LucidDreamer54321 2 ай бұрын
So tell us then, oh genius futurist that you are, what is coming?
@pinoyrunningpenguin
@pinoyrunningpenguin 2 ай бұрын
@@LucidDreamer54321 Venezuela style collapse of the dollar either late this year or next year
@daithomas9859
@daithomas9859 2 ай бұрын
Absolute idiot.😂😂
@yuglesstube
@yuglesstube 4 күн бұрын
@@LucidDreamer54321 The Chinese hordes.
@DynamicUnreal
@DynamicUnreal 2 ай бұрын
If Chinese EVs aren’t a threat then why the 100% tariff? It’s utterly stupid forcing people to buy expensive American cars. Protectionism isn’t capitalism. If a company can’t figure it out then it shouldn’t exist.
@ARUchannel1
@ARUchannel1 Ай бұрын
the power of lobbying congress
@hermesliteratus882
@hermesliteratus882 2 ай бұрын
None of these people seem to be very intelligent and capable.
@Ahda108
@Ahda108 2 ай бұрын
It s FOX dude..what do you expect?
@GAMEOVER-yy6zj
@GAMEOVER-yy6zj 2 ай бұрын
These are the guys who called xbox woke because of its power saving mode!
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
@@Ahda108 Yeah! Because MSNBC, and CNN are so intelligent.
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
@@Ahda108 So you are going to vote for Biden? Gooooood.
@darkstarkenster
@darkstarkenster 2 ай бұрын
@@Ahda108 totally, lol
@tamaduni
@tamaduni 2 ай бұрын
30k EV from China looks waaaaay better than Tesla ...without tarrif...America car industry is toast
@largol33t1
@largol33t1 Ай бұрын
Well, they screwed over the customers through their evil dealership network. The dealerships slap on so many markups and fees that I've been priced out of the market. My current car can't be replaced because the price soared $3,500 compared to not even 5 years ago.
@tvtriviachampion
@tvtriviachampion 2 ай бұрын
BYD’s exported EV are reliable and high quality, including the Seagull. The issue for most American journalists is they’ve never seen or driven a BYD. Here in Asia, BYD is growing at a staggering rate and Tesla is not. If the US Government prevents Americans from buying low priced, reliable EVs while the rest of the world is paying less for cars, it won’t turn out well.
@-whackd
@-whackd 2 ай бұрын
Us poorer people will just suffer. They'll give tax rebates to the people who can afford 80k expensive EVs, but they'll double the tariffs or block affordable electrics for the masses.
@andbar3811
@andbar3811 2 ай бұрын
1) The threat is way less then 10 yrs away 2) the American people can’t afford high end luxury cars so a $10,000 strip down car would be just fine
@pinoyrunningpenguin
@pinoyrunningpenguin 2 ай бұрын
I have seen Americans only able to afford $20 used tires. Some would even pimp their kids to pedophiles for mere $20.
@summagnuscumdeo5442
@summagnuscumdeo5442 2 ай бұрын
Yes these people want you in debt forever with American cars 🙄
@sachinnair91
@sachinnair91 2 ай бұрын
The analyst in the video above who stated that Americans don't want stripped down cheap new cars isn't factoring in the fact that we've had zero percent interest rates for a long period and that's one of the main reasons why there was low demand for cheap new base cars. Car loans were extremely cheap which meant that even low income Americans could sign up for a 7 or 8 year car loan and buy a big expensive SUV or truck. And that's exactly what they did. Now that we have higher interest rates again and car loans are much more expensive, the demand for a small cheap new car under 20k is much higher!
@DesertScorpionKSA
@DesertScorpionKSA 2 ай бұрын
Also, Chinese cars come in all price ranges and some of them are very high end.
@Maverick-xz5oi
@Maverick-xz5oi 2 ай бұрын
@JoshuaC-Work With loans, yes.
@TheKkpop1
@TheKkpop1 2 ай бұрын
1:10 You invent new buzz words when you can't compete with them, including national interest, decoupling , derisking, deinvesting, espionage, overproduction and tariff. China allows foreign automakers JV with local automakers,the same way US did for Japan, Germany and South Korea. However, US is sanctioning and banning JV with Chinese automakers.
@DW-op7ly
@DW-op7ly 2 ай бұрын
Yea the solution would be very simple incentivize the Chinese to open up factories in the USA. Like what was done with the Germans, Japanese, Koreans etc etc But we all know that would never happen with the Chinese Because it’s not really about what you rightly listed
@darthvadeth6290
@darthvadeth6290 2 ай бұрын
American hypocrisy at it's finest, lol The whole WORLD is waking up
@TheKkpop1
@TheKkpop1 2 ай бұрын
@@DW-op7ly Blame it on US bipartisan which flipflops EV policy. Trump will reverse EV if he becomes president. Thanks to China allowing Tesla 100% foreign automakers ownership in China, Tesla is rejuvenated when the Chinese built the gigafactory. If that's not enough Tesla enjoys the largest Chinese government subsidies when Chinese EV are decades behind Americans. GM and Ford continue to flipflop between bipartisan EV policy in US, while China is determined to develop new EV technology.
@reno0405g
@reno0405g 2 ай бұрын
At least China get to make the US show its true color. Free trade and free speech my a**.
@zacksmith5644
@zacksmith5644 2 ай бұрын
Fun fact Usa punched hole in ozone layer Not China Usa gave the world leas poisoning through cars Not China So China is more environmentally friendly and better in producing them Usa
@fatdoi003
@fatdoi003 2 ай бұрын
all you talk about is $10k EVs.... china produce 100s of models from $5k to over $100k
@ashk4155
@ashk4155 2 ай бұрын
Yea because they want people to think it’s just some cheap Chinese product lol
@jd-py5nm
@jd-py5nm 2 ай бұрын
@@jamiemcgill67 you own or have driven one? I know folks who have and they like them just fine-believe it or not the chinese actually build quality electronics and products just depends on what you buy obviously some won't be but it just takes a model or two to make a substantial dent -look at korean cars and how far they've come and how well they do now
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
@@jd-py5nm that’s great but the Chinese have a communist government and they are our enemy. They steal our intellectual property and are building up their military substantially. I’d never buy one of their cars. Not happy about them making lots of cheap stuff we buy at Walmart and Target either.
@-whackd
@-whackd 2 ай бұрын
I want a 10k EV. There are plenty of expensive ones here already.
@TomSimba
@TomSimba 2 ай бұрын
Comparing a Yugo to a BYD shows immense ignorance on the part of the spokesperson. Listen to what Elon Musk said about the BYD and other Chinese made EVs, " they are very good, and if there are no tariffs, Chinese EVs will pretty much demolish all car companies in the world." Quote.
@hermesliteratus882
@hermesliteratus882 2 ай бұрын
It's just a matter of time.
@lalutte65
@lalutte65 2 ай бұрын
And so called “tariffs” are nothing more than another federal tax on consumers
@reginald7214
@reginald7214 2 ай бұрын
Byd just introduced a 2000 km hybrid for 14k. Nobody can touch that
@user-df2uu3qp3y
@user-df2uu3qp3y 2 ай бұрын
"made in china" they can invent a time travel car, if its made in china, american wnt buy it. we buy american made. period.
@edwinhuang803
@edwinhuang803 2 ай бұрын
@@user-df2uu3qp3y America has no hope if it's filled with ppl like you. U wouldn't have said any of the things u just said if u know critical thinking and self-researching. Ppl like u r easy traget for the elites who can manipulate ur thoughts by their propaganda media.
@leondee918
@leondee918 2 ай бұрын
​@@user-df2uu3qp3ythat's why nobody buys an iPhone either, yeah?
@user-df2uu3qp3y
@user-df2uu3qp3y 2 ай бұрын
@@leondee918 iphone is designed by americans and assemble in china. it’s an american products. learn how to read in the back of every iphone case.
@cicibo2596
@cicibo2596 2 ай бұрын
And you can order a Knock-off for 7k 😀.
@Joe-ds7dz
@Joe-ds7dz 2 ай бұрын
Does FJBs 100% tariff include china vehicles made in Mexico?
@Joe-ds7dz
@Joe-ds7dz 2 ай бұрын
BTW every vehicle comes with a serious amount of fentynal in glove box
@bondjovi4595
@bondjovi4595 2 ай бұрын
I think they are only doing the electric motors in Mexico.
@annan7728
@annan7728 2 ай бұрын
US is blocking American from best thing for political purposes.
@lauramounir3660
@lauramounir3660 2 ай бұрын
nope.
@DW-op7ly
@DW-op7ly 2 ай бұрын
BYD has stated numerous times they have no plans to enter the US market However the Mexican market has taken off for Chinese EV companies like BYD thus their plans to build factories
@dwaynewade66
@dwaynewade66 2 ай бұрын
General motors has a $5000 car in China. Why they don't have a $5000 car in the U. S people wake up.
@brucemon4525
@brucemon4525 2 ай бұрын
I am Chinese and i purchased a 9000$ cheverlet car😂 last year,now i wanna sell it to replace a byd hev car.😢
@xinyiquan666
@xinyiquan666 2 ай бұрын
that guy is l iiing, GM has no any EV technology, the car he refer to is wuling hongguang EV of 5000 dollars manufactured by joint venture (Wuling honguang motor , shanghai motor and GM) the car is completely designed and manufactured by wuling gongguang in guangxi province of china which hold all the EV technology for this car from batteries to everything, the GM was just a investor by holding some shares of the venture, the chinese only wanted to use network of GM for sale, and GM has no any EV technology, nor it can produce any low cost car, of any sort
@DesertScorpionKSA
@DesertScorpionKSA 2 ай бұрын
I'm an American working and living in Saudi Arabia. In 2023 Chinese vehicles had a market share of around 16 percent in Oman and 12 percent in both Saudi Arabia and Bahrain, but 8-9 percent in Qatar, Khurshid explained according to Arabian Gulf Business Insight. Here in Saudi Arabia, the people's tastes in cars are about the same as an American's. They have German, Japanese, South Korean, French, American and other cars popular in the US. Don't kid yourselves, the Chinese could put a huge dent in the American auto market.
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
Interesting. I just hope the Chinese don’t put much of a dent in the U.S. market. They are our enemy and communist.
@user-qs7pe6yw4r
@user-qs7pe6yw4r 2 ай бұрын
So why the 100% tariff increase? What is America afraid of?
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
@@user-qs7pe6yw4r What 100% increase?
@ousmokeit
@ousmokeit 2 ай бұрын
Cars today are overloaded piles of crap that cost way to much! I have a 2003 dodge neon with crank windows and 53000 miles, rust free and it works fine! I don't want 25 cameras and 50 other things that will break just to drive to walmart and work!
@LJG63
@LJG63 2 ай бұрын
Totally agree! I'm just fine with my 96' suv, & they can shove those EV's!
@charlesdobbs8572
@charlesdobbs8572 2 ай бұрын
The cars today is run by a computer so the individual can't work on them if they don't have a 13 thousand dollars to buy the the computer to tell you what's wrong. The vehicles from 1975 down anyone could repair the vehicle without a problem. Points normally would have to be replaced. Money is why they make them run by a computer system
@samanthajones4877
@samanthajones4877 2 ай бұрын
@@charlesdobbs8572how much does it cost to maintain an EV vs ICE vehicle?
@charlesdobbs8572
@charlesdobbs8572 2 ай бұрын
@samanthajones4877 if you have to buy the batteries for the EV they run around twenty two thousand dollars. An what's bad your sitting on top of them an batteries do explode
@samanthajones4877
@samanthajones4877 2 ай бұрын
@@charlesdobbs8572 China uses LFP batteries that don’t explode like the ones that Tesla uses here in the US.
@Porcupine229
@Porcupine229 2 ай бұрын
Dont care about stripped down features. If 10k evs will be a thing then people will buy. Especially younger people. Many people only go to work and the store. If automakers want to stay in business then stop ripping us off.
@frankperrette8992
@frankperrette8992 2 ай бұрын
You have to vote Joe Biden out.😊
@pinoyrunningpenguin
@pinoyrunningpenguin 2 ай бұрын
Unfortunately its hopeless now as years of arrogance, corruption, and abuse is now irreversible.
@sachinnair91
@sachinnair91 2 ай бұрын
Did you watch the video? Trump said he'll enforce an even higher tariff on Chinese cars than Biden. Who loses here? Poor and working class Americans who can't afford expensive American EVs
@pinoyrunningpenguin
@pinoyrunningpenguin 2 ай бұрын
@@sachinnair91 Yeah it is funny when politicians use tariff as if there are still car manufacturing jobs left in the US. It just makes inflation worse as Americans goods will go up when vehicle prices go up. While the rest of the world are driving affordable cars and got more savings.
@samanthajones4877
@samanthajones4877 2 ай бұрын
@@sachinnair91Americans are so heavily propagandized by the media that they have no clue that they are voting against their best interests. Now we are stuck with candidates that are bad or worse, who do you pick?
@robtangent4664
@robtangent4664 2 ай бұрын
Vote Biden out so that would could have 200% tariffs by Trump, eh?
@ksllee9653
@ksllee9653 2 ай бұрын
The coming of Chinese EVs shouldn't be compared with Toyota vs the big 3. Rather it should be compared with Gopro drone vs DJI. Gopro doesn't make drones anymore.
@dewfend
@dewfend Ай бұрын
Agree. Japanese back in 80s was like a punch from a child at 20 Kg weight, the punch from China is a man at 100 Kg. See Mexico, Already 25% market share taken by Chinese brands, Ford CEO said this in recent interview.
@Ahda108
@Ahda108 2 ай бұрын
With inflation like this...The U.S consumers is going to the next Brazil in the car market
@pinoyrunningpenguin
@pinoyrunningpenguin 2 ай бұрын
Tesla and all US automakers are done . In China, Tesla is only ranked 9th in sales.
@Mike-oi2th
@Mike-oi2th 2 ай бұрын
Tbh that fairly good ranking in sale for Tesla since there much more better choice for less the price
@pinoyrunningpenguin
@pinoyrunningpenguin 2 ай бұрын
@@Mike-oi2th Well that was last year 2023. And that is ranking per brand not per model sales. This year with new models from BYD and other chinese EV makers, Tesla will be almost unknown in China and will not even be in top 15.
@Mike-oi2th
@Mike-oi2th 2 ай бұрын
​@@pinoyrunningpenguin if tesla can increase their process opening more factory in china and reaching other tech/law agreement, they may have a chance to compete in china market. but then again in the long run there a lot of things to do. for now tesla is dominance in us which is crucial to its domestic market, the only uncertain is it plan globally
@pinoyrunningpenguin
@pinoyrunningpenguin 2 ай бұрын
@@Mike-oi2th Its not even selling in the US. Most sales going hybrid and Toyota. For EV , US customers prefer Kia or Hyundai EV's . Tesla's are piling in thousands now in abandoned parking lots.
@Mike-oi2th
@Mike-oi2th 2 ай бұрын
@@pinoyrunningpenguin tesla will get big subsidy by the gov and much restriction to foreign ev producer like toyota. in the future there much more tesla charging station and reducing cost if they can open more factory in china, it matter of time us gov will stimulate more ev just like china did before, tesla absolutely the main benefit
@tonycheung9358
@tonycheung9358 2 ай бұрын
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.
@-whackd
@-whackd 2 ай бұрын
Hurt poor people, help huge companies.
@lalutte65
@lalutte65 2 ай бұрын
If China is making cheap, solid, reliable cars they deserves the US market--both ford and GM abandoned these types of cars in favor of high profit $80-100k pick up trucks
2 ай бұрын
Current Chinese autos are NOT like the Yugo. You're talking apples and oranges here.
@perrykeshahwalker5321
@perrykeshahwalker5321 2 ай бұрын
What you guys failed to understand that a 10,000 Chinese car has luxury items and features that an American manufacturer can't even touch that's the point. If an American manufacturer makes a $10,000 Ev it's going to be a piece of junk like a lot of the other combustible engine cars that are below a certain price point that American manufacturers make.
@rochesterzhang9649
@rochesterzhang9649 2 ай бұрын
Fair competition should be equalized. It is because of the lack of competition that Japanese brand cars such as Corolla, Camry, Accord, etc. are twice as expensive in the U.S. as they are in China. In the fully competitive Chinese market, these cars are very cheap, but are currently selling worse and worse. This is due to the abundance of cheaper, but more technologically, interior, and technologically advanced hybrids and pure electric ev models.I think this is bad for American customers.
@angelofamillionyears4599
@angelofamillionyears4599 2 ай бұрын
This guy is clueless. Americans are sick of paying more per month for insurance than the payment !!
@guens01
@guens01 2 ай бұрын
"the seagull is a stripped down car 😂!!!" This dude has no idea. But if what he said is true? Then why are they so concerned to the point of banning the cars even before they get here?
@bradleybruvva3021
@bradleybruvva3021 2 ай бұрын
I wish they would take over. Btw, I just got a Tesla ad for this video, something about voting to protect Tesla. Currently our system is set up to milk Americans of every last dollar just to have a vehicle, we deserve affordable options.
@monster21blog36
@monster21blog36 2 ай бұрын
Electric cars are waste of money 😂
@boiscooka232
@boiscooka232 2 ай бұрын
If nobody wants it why even ur government both Republic and democrats put tariff on Chinese EV ? 😅
@MrsEAGLE-kp2wx
@MrsEAGLE-kp2wx 2 ай бұрын
Brainless guy 😂
@catinbootsnow4267
@catinbootsnow4267 2 ай бұрын
Bicycles are the true future.
@annan7728
@annan7728 2 ай бұрын
You will like electric car once you drive it. It is quiet, smooth, speed-up very fast and can be level 4 automatical driving.
@PlaYer-sn5or
@PlaYer-sn5or 2 ай бұрын
Check BYD U8, a beast
@NonyaBusiness-is3fc
@NonyaBusiness-is3fc 2 ай бұрын
BYD makes some pretty good cars, very impressed
@koopaslayer7598
@koopaslayer7598 2 ай бұрын
Maybe we need Chinese vehicles American vehicles are so expensive why not allow more competition. I’m not really understand why other countries can sell their cars here but not china. It sounds like they just want people to be stuck buying over priced cars. Don’t say Americans don’t want to buy cheap cars when I know plenty that would. More competition is better especially when the lower and middle class are struggling like never before
@lancecahill5486
@lancecahill5486 2 ай бұрын
Can only speak for myself, but I will NEVER buy a vehicle brand made in China.
@kamsunleong6648
@kamsunleong6648 2 ай бұрын
This is awful news. It will surely hurt their bottom line.
@KT-lp1ek
@KT-lp1ek 2 ай бұрын
My family said the same about Lexus when first introduced. Fast forward years later, we've owned two.
@panyaboonc5621
@panyaboonc5621 2 ай бұрын
20 years ago Americans used to say they will never buy products made in China. Today US China trade deficit is over 100 of billions a year and in favor to China. I never believe there is an American home in US without any Chinses products. From kitchen wares to cellphone, furniture, clothing and electrical items.
@fatdoi003
@fatdoi003 2 ай бұрын
never say never.. or you'll be a hypocrite
@amunra5330
@amunra5330 2 ай бұрын
Why? They are pretty good actually
@dougiep2769
@dougiep2769 2 ай бұрын
What industry.. nobody is buying vehicles these days ...
@richardb.5691
@richardb.5691 2 ай бұрын
They'd probably do a better job. The US car companies are not what they used to be.
@jameszhou162
@jameszhou162 2 ай бұрын
Big 3 are hopeless in EV industry
@ronnie8252
@ronnie8252 2 ай бұрын
That pretty much sums that up
@Alexander-vo4gv
@Alexander-vo4gv 2 ай бұрын
This "expert" sounds more driven by emotion than facts
@ARUchannel1
@ARUchannel1 Ай бұрын
he is not an expert, he is a lobbyist
@verarivadeneira5275
@verarivadeneira5275 4 күн бұрын
@@Alexander-vo4gv you know nothing!! Your knowledge is so shallow!
@vitorlopes2064
@vitorlopes2064 2 ай бұрын
US debt= 34 trillion dollars
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
It’s horrible and astronomical and astonishing and unforgivable.
@darthvadeth6290
@darthvadeth6290 2 ай бұрын
America: can't beat them, ban them sanction them tariff them. LMAO
@jonlbdg
@jonlbdg 2 ай бұрын
A small joint venture plant in Mexico 😂
@amunra5330
@amunra5330 2 ай бұрын
Praying for China
@user-og8ef6pf4s
@user-og8ef6pf4s 2 ай бұрын
I will like to get a Chinese EV, because it is reasonable price, and reliable, high tech. It's fun to drive . I don't think American people politicians can't approve it. Because Republicans community hates it . Because they owns the oil industry
@albertcadgame8314
@albertcadgame8314 2 ай бұрын
I see ... Now I understand why !
@christopherhorne1085
@christopherhorne1085 2 ай бұрын
China. STEM expertise. Dedicated students. Cooperate or lose.
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
No you should buy American built cars. Plus the American oil industry provides millions of jobs for Americans. China is our enemy.
@yeachanchoi449
@yeachanchoi449 2 ай бұрын
When did automakers ever sell any cheap car? Not in any recent time. And yet, the producers just say, "That market doesn't exist." Well, definitely no, because you made them EXTINCT! It’s a shame that Americans have no choices for cheap cars nowadays, mainly because politicians want votes and propaganda. Bring back the freedom and choices for cheap products!
@flyingnotes9281
@flyingnotes9281 2 ай бұрын
When facing challenge,, China let Tesla setup 100% Tesla owned manufacturing plant in China, US put 100% import tariff hoping that could stop Chinese EV.
@MrDhalli6500
@MrDhalli6500 Ай бұрын
Wait till they discover the Chinese NIO car, no recharging just drop the battery pack pop in a new one takes 30 seconds and the entire process is automated.
@brendaflournoy4826
@brendaflournoy4826 2 ай бұрын
BS, I will never buy an electric car!!
@HafiZzZzZz
@HafiZzZzZz 2 ай бұрын
Ride a bicycle or a donkey
@danwelterweight4137
@danwelterweight4137 2 ай бұрын
most countries and states are going to ban the manufacturing of internal combustion vehicles by 2030 to 2035. So unless you are planning to die soon you are going to have a problem
@franciscocz8384
@franciscocz8384 2 ай бұрын
Then buy a chinese EV maker shares like BYD, eventually it will make you change your mind.
@DW-op7ly
@DW-op7ly 2 ай бұрын
@@franciscocz8384share price has taken a huge run these last few years Would be better to hope for a pullback first
@franciscocz8384
@franciscocz8384 2 ай бұрын
@@DW-op7ly the price has corrected 50% from the top, we are in 2020 levels, and the market capitalization is 8 times cheaper than Tesla. BYD is technologically superior than Tesla, it makes the full cars at home, without buying any component from third parties unlike Tesla. Tesla has also corrected more than half from the top, this makes BYD to have a potential 2000% return (and even more in the long run).
@Frizzlefrail
@Frizzlefrail 2 ай бұрын
If they built ice engines that are fast they could take over. Majority of America doesn’t want ev
@jollcheist1443
@jollcheist1443 2 ай бұрын
These cars look like toys with these poor color choices.
@robtangent4664
@robtangent4664 2 ай бұрын
With 100% tariffs (paid by consumers as we know it) before the first Chinese EV even arrives, and with each political party trying to outdo the other, years down the road, could we have a scenario where the rest of the world would enjoy cheap EV's except for the U.S.?
@jokermp1150
@jokermp1150 2 ай бұрын
56 year old man in canada I want a cheep made in china car every thing I here stupid expensive 5k for wheels please
@lzyong306
@lzyong306 2 ай бұрын
Make affordable cars first
@arvindkatiyar526
@arvindkatiyar526 2 ай бұрын
China is also thinking of imposing 25% tarrifs on US and EU automobile companies,China being the largest market will effect US EU companies even with 25% tarrifs,Chinese EV are growing rapidly in south American countries,they have EV manufacturing unit in Mexico from where its exported to south American countries making it much cheaper,either way US car industry will loose
@kevinlin4895
@kevinlin4895 2 ай бұрын
And Brazil also
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
How does the US auto industry loose if China sells EVs to South America????
@arvindkatiyar526
@arvindkatiyar526 2 ай бұрын
@jamiemcgill67 Chinese EV still get into the US,they are manufactured in Mexico and Mexico has a no tax agreement with the US although US is not a big market Chinese EV are being exported everywhere in the world without over taxes
@arvindkatiyar526
@arvindkatiyar526 2 ай бұрын
@@jamiemcgill67 one BYD add shows From New York to Miami in one charge no other car can do
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
@@arvindkatiyar526 Well this sux. I knew the Chinese would find a loophole.
@tanyi5524
@tanyi5524 2 ай бұрын
American products need to be supported by high profits, while China needs to be supported by quantity, so China products are all over the world. As long as they reach a certain quality, the products all over the world will be a disaster. go!china
@avrahamavraham5977
@avrahamavraham5977 2 ай бұрын
How is this called a free market ??? I want Chinese EV cars. I don’t want Tesla
@jaytab3686
@jaytab3686 2 ай бұрын
Us auto makers can't make cheap cars because of government restrictions
@pinoyrunningpenguin
@pinoyrunningpenguin 2 ай бұрын
More like corruption
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
@@pinoyrunningpenguin Explain. What corruption?
@jamiemcgill67
@jamiemcgill67 2 ай бұрын
No they can’t make cheap cars because nobody wants cheap cars. What do you drive??
@ryanretirement6662
@ryanretirement6662 2 ай бұрын
Not too many people can afford $65k truck and car in 2024. $10k car anyone can afford for middle class working family.
@pascalouellette8516
@pascalouellette8516 2 ай бұрын
Commentator maybe spouting lies about Americans not wanting cheaper EV, then why was the Volt a best seller for GM and it was affordable yet they quit making it, because of greed???
@fritzeph6550
@fritzeph6550 2 ай бұрын
One thing for sure US is destroying it's competition 😅
@STARFLEETC0MMAND
@STARFLEETC0MMAND 2 ай бұрын
Reliability, Durability Is The Massive Issue.
@zacksmith5644
@zacksmith5644 2 ай бұрын
This . Coming from the country that has gm
@bluefish7940
@bluefish7940 2 ай бұрын
Can’t compete 😂😂😂😂😂
@edwinhuang803
@edwinhuang803 2 ай бұрын
This is the crap news that Fox offers to its audience and by a quick look of the comment section, a lot of its targeted audience are buying all the BS without thinking critically. Taking the Seagull for example, it's perfect for in-city commute. An American youtuber has done a test drive video of this car.
@kirkheisey2597
@kirkheisey2597 2 ай бұрын
I want a $10,000. Toyota pick up truck
@noneshere
@noneshere 2 ай бұрын
Imagine getting a straight 4 with a timing chain today. The 2.4 liter 22R engine was the best engine Toyota ever made. They ran forever and were easy to repair.
@randy74989
@randy74989 2 ай бұрын
@@noneshere Yep, had one in my 1978 Corona Wagon. What a vehicle. Sold it to my friend at work for his daughter. She wrecked it (totaled) and she was fine. It was an amazing vehicle and had utility before SUVs were born.
@DW-op7ly
@DW-op7ly 2 ай бұрын
Chinese are selling EV pickup trucks in Mexico these days If their trucks got into the USA American car manufacturers would have to lower their vehicle prices to compete Making it a win win for you as you get a cheaper ICE truck of your wishes But that would never happen As the Chinese don’t plan to enter the US market and America does not plan to let them
@randy74989
@randy74989 2 ай бұрын
@@DW-op7ly Funny, competition breeds innovation, and innovation breeds lower costs and better products. So, what's wrong with letting Chinese EVs into the U.S. at a reasonable tariff? Nothing, if they sell then competitors will have to innovate, if they don't sell they will exit the market. BYD and CATL make the best EV batteries for EVs, the Lithium iron phosphate (LFP) blade batteries. Just go to Wally World and see where all the hard goods (products) are made. Most if not all are not Made in America, period.
@Fgji230
@Fgji230 2 ай бұрын
$10k? You could probably get one from houthis, without the mounted machine gun.
@CodeMeat
@CodeMeat 2 ай бұрын
BYD Qin L, DMI5.0 PHEV powertrain, achieved more than 2000 km range with a 65L full tank of fuel and fully charged batteries. With all the modern techs, pricing $13k. Go compete with that
@bondjovi4595
@bondjovi4595 2 ай бұрын
That 💩 can stay parked in the driveway. No lithium fires in the garage.
@LH1xx
@LH1xx 2 ай бұрын
Tesla uses Chinese batteries.
@DW-op7ly
@DW-op7ly 2 ай бұрын
Common misconception is it’s the car battery that catches fire Yes in some cases that happens but in most cases it’s the improper charging, the charging station or the wiring of the building itself
@kevinlin4895
@kevinlin4895 2 ай бұрын
Err sorry.. Chinese LFP batteries like the ones in this car is virtually fireproof unlike the Japanese and Korean NMC batteries in Teslas. Do educate yourself before regurgitating anti-EV FUD
@JRSGandara
@JRSGandara 2 ай бұрын
NTSB showed statistics of one year of fires in U.S. for ICE vs EV (per 100K units sold). EV fires 25 vs ICE 1530. Maybe you should, just for precaution, your ICE car in the driveway.
@DW-op7ly
@DW-op7ly 2 ай бұрын
@@JRSGandara the problem with some of those studies they include e-bikes in their EV vehicle studies Where these bikes are being converted to run to fast for their supplied batteries
@MacrosFTW
@MacrosFTW 2 ай бұрын
No one wants cheap cars. They rather get 50k cars. The economy is that great.
@user-vp6vf8wm2s
@user-vp6vf8wm2s 2 ай бұрын
Its not you want It's what you need, and can effort
@Justin_Beaver564
@Justin_Beaver564 2 ай бұрын
I'd buy a Chinese made car if it's cheap enough
@zacksmith5644
@zacksmith5644 2 ай бұрын
I bought mine
@Thunderrolls87
@Thunderrolls87 24 күн бұрын
I bet you would lol. 😂😂
@zacksmith5644
@zacksmith5644 18 күн бұрын
@@Thunderrolls87 we will. We don't listen to racist losers
@bbouc40254
@bbouc40254 2 ай бұрын
under Biden yes, under any other president that loves america NEVER
@bobChristianson
@bobChristianson 2 ай бұрын
white house - ' we need to make sure the American People couldnt lay their hands on good affordable EVs... '
@freddykagin
@freddykagin 2 ай бұрын
That would be very bad if china would try to take over auto manufacturing in the United States 🇺🇸 that is insane. We need to make them here in America 🇺🇸.
@frankperrette8992
@frankperrette8992 2 ай бұрын
But Joe Biden will let it happen.
@panyaboonc5621
@panyaboonc5621 2 ай бұрын
A car made in US selling at 30,000 compare to those who can only afford 15,000 from China. This country the government obviously doesn't care about the poor.
@erocker78
@erocker78 2 ай бұрын
I don't want an EV. I don't care how cheap it is or who makes it.
@pinoyrunningpenguin
@pinoyrunningpenguin 2 ай бұрын
You must be living under a rock for decades not to even realize manufacturing and capitalism is not anymore existing in America. All cars with US brands are not even made in the US.
@jokeychin
@jokeychin 2 ай бұрын
Talk is cheap, and you have to show with real action that you support the American auto industry, no matter how expensive it is.
@ronaldsanderson9924
@ronaldsanderson9924 2 ай бұрын
Why doesn't Gmail sell the 5000 dollar ev here and let the public determine what we want???
@slomo4672
@slomo4672 2 ай бұрын
Gmail 🤣
@partricklin9749
@partricklin9749 2 ай бұрын
they can not, becasue chinese wuling honguang motor owns 100% technology of that EV, ,GE was just a joint partner and it has no EV technology , so it is a chinese car and it is sold in china for 5k, in US would be tripled
@havenpersonalcare7968
@havenpersonalcare7968 2 ай бұрын
Gmail, GM, or G? ❤😂🎉
@mankitwong4165
@mankitwong4165 2 ай бұрын
GM doesnt make 5k ev in China. they are only a minority shareholder of the Wuling JV, they dont manage it
@klarkewang
@klarkewang 2 ай бұрын
Honestly Tesla looks like an OK car compared to its competitors in China if you are not a frog in your own swamp.
@Boviathan
@Boviathan 2 ай бұрын
There are millions of Americans with Hyundais that don’t know who owns Hyundai. It’ll be easy.
@derjager5706
@derjager5706 2 ай бұрын
Great Car ! 👍
@smoothoperator1083
@smoothoperator1083 2 ай бұрын
I'm still will be driving my diesel in California. 💯
@lauramounir3660
@lauramounir3660 2 ай бұрын
💯👊💥
@mtcnew8353
@mtcnew8353 2 ай бұрын
Chinese cars are not just inexpensive but also very reliable with lots of perks added on. These guys just don’t know what’s coming.
@reptilexcq2
@reptilexcq2 Ай бұрын
Exactly. It seems like every Chinese EV has sunroof from low end to high end. And yet in the US, if you want to add sunroof as a feature to your car, the price is much higher.
@RatTerminator
@RatTerminator 2 ай бұрын
They dont work!!
@car24dude
@car24dude 2 ай бұрын
Unfair trade practice. China already sells Chevrolet, Buick, Hummer Cadillac Ford, Lincoln, Jeeps. What if China stops selling American brands. China also has Buick and Chevrolet that’s already fully EV there, that we don’t have in the US
@ronjcharity
@ronjcharity 2 ай бұрын
US auto is done…what did the US gov think allow companies to offshore manufacturing and jobs. Stupid short term thinking…sit back and watch the country collapse
@xinyiquan666
@xinyiquan666 2 ай бұрын
that host is l iing,, china exported over 5.52 million cars in 2023, among them, 1.2 million are EV , and in china , over 900 thousands EV was sold in 2023, it is not in US, but it is in many places of world already,
@user-nx5qp2jv6j
@user-nx5qp2jv6j 2 ай бұрын
35 years ago, we said something on those Japanese cars
@funplaymix7710
@funplaymix7710 2 ай бұрын
Of course it can, only a matter of time. I’ll say 2025 and its on
@sh1nyarm0r
@sh1nyarm0r 2 ай бұрын
Three things that prevent China autos coming to the US: 1) quality, 2) tariffs, and 3) Trump.
@bluebeastgamer3005
@bluebeastgamer3005 2 ай бұрын
I am a Chinese American citizen and I will say never Never Never ever buy Chinese made junkie electric vehicle!!!!😅
@Paul_Rich
@Paul_Rich 2 ай бұрын
This isn't the same China from 20 years ago you idiot. The quality of Chinese-branded EVs rival or exceed that of Tesla (also made in China)
@fufu9352
@fufu9352 2 ай бұрын
你能说中文么?
@xinyiquan666
@xinyiquan666 2 ай бұрын
no, you dont sound like ABC, but abno
@jokmong2360
@jokmong2360 2 ай бұрын
During inflation,, there is automaker saviour called byd,, $10000 vs $40000,,no brainer
@joezhou2346
@joezhou2346 Ай бұрын
Chinahas a verb says you cant make a vehicle with your door closed .i never think the US did it.
@satplm3011
@satplm3011 2 ай бұрын
There are so many usa brand products in chinese supermarkets and chinese high street shop why can't china start banning them???
@James-zx1qy
@James-zx1qy 2 ай бұрын
Car is way too small so it's not safe as there are too many larger vehicles on our highways and most people like some room rather than being a sardine in a small cheap unsafe can.
@geert574
@geert574 2 ай бұрын
if u like a car like a phone that u need to replace every 5 years yeah, only 40k per pop 😂
@user-tv7un4bt9e
@user-tv7un4bt9e 2 ай бұрын
China has been a competitor for decades I’m not surprise if they do EV I don’t need EV I can buy other cars
@mikewallace8087
@mikewallace8087 2 ай бұрын
Only if the current president wants that catastrophe for the U.S.A. .
@kenyoung976
@kenyoung976 2 ай бұрын
A cheap EV is still an EV-with all of the problems of EVs. Inclement weather,snow, battery replacement costs,etc. Getting parts3,5,8 years down the road will be a problem.
@zacksmith5644
@zacksmith5644 2 ай бұрын
Ok how
@mystic1246
@mystic1246 2 ай бұрын
Man this f$#%$g blows if they let them sell them here and got the tax credit we could get a new EV for $3,900
@peterng25
@peterng25 2 ай бұрын
Nothing to fear. But imposing 100'% tariff anyway. And, Tesla should build a cheap EV car, although Americans don't want cheap stripped down cars?
@dbvetter7485
@dbvetter7485 2 ай бұрын
China makes 100’s of thousands of EV and then parks them. They are not sold, they do it to say they build the most EV’s. I’ve seen reporters that have gone into China and film many of square miles of new rusting “new” EV’s.
@xinyiquan666
@xinyiquan666 2 ай бұрын
nonsense, china exported over 5.52 million cars in 2023, among them, 1.2 million are EV , and in china , over 900 thouands EV was sold in 2023, it is not they say, it is reported by custom of other nations, those countries imports chinese cars, also those " reporter" are fabricating , in china, cars that is over 15 years old has to be abandoned, it is not like in US, you can drive 1940s or 30s car still today, d,mzz , those reporter just want people not buy EV "
@xinyiquan666
@xinyiquan666 2 ай бұрын
onsense, china exported over 5.52 million cars in 2023, among them, 1.2 million are EV , and in china , over 900 thouands EV was sold in 2023, it is not they say, it is reported by custom of other nations, those countries imports chinese cars, also for those parks , in china, cars that is over 15 years old has to be abandoned, it is not like in US, you can drive 1940s or 30s car still today, , u knw in US, everything is used to anti china,
@arvindkatiyar526
@arvindkatiyar526 2 ай бұрын
Even Tesla has largest market in China with its dropping sales and profit worldwide but not rotting that's why Tesla is innovating further by introducing driverless vehicles which will be manufactured in their Chinese factory,you cannot stop a US company from expanding in China
@andrewlim7751
@andrewlim7751 2 ай бұрын
Their car market is double the size of u.s. 😁😁
@windsong3wong828
@windsong3wong828 2 ай бұрын
Hahahahha. Read some real news. Don’t read propaganda.
@lloydellmiller6279
@lloydellmiller6279 2 ай бұрын
Why so you can get a vehicle but get no parts or service for them.
@pumalee1997
@pumalee1997 2 ай бұрын
In the future, Mexican cars will be better and cheaper than American cars.🙄
@zhaokwong5544
@zhaokwong5544 2 ай бұрын
Of course, China EV instead take over the world. It is due to quality and cost. The cars are absolutely beautiful too.
@anikaparker1077
@anikaparker1077 2 ай бұрын
What happened to Japanese quality?
@lancecahill5486
@lancecahill5486 2 ай бұрын
Nothing. Japan still makes some of the best cars in the world.
@fatdoi003
@fatdoi003 2 ай бұрын
sure they make the best quality hard plastics.... so you want them everywhere on the interior?
@Wosen_A
@Wosen_A Ай бұрын
What a reality detached guy.
@zacksmith5644
@zacksmith5644 18 күн бұрын
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