Will The World Give Up European Cars For Made-In-China Electric Vehicles?

Рет қаралды 257,461

Күн бұрын

China emerged as one of the world’s top car exporters in 2023, powered by its massive push for electric vehicles. Buoyed by years of heavy government investments, subsidies, and manufacturing rebates, Chinese automakers have flooded overseas markets as global EV demand continues to rise. In Q4 2023, China’s BYD even outsold Tesla in sales volume for the first time.
Amid the advent of Chinese brands like NIO and Xpeng, the European Union launched an anti-subsidy investigation into China’s EV trade practices in late 2023. The move prompted swift retaliation from China, sparking concerns about a trade war.
00:00 China’s growing dominance in EVs
01:30 Chinese EV quality sees rapid growth and demand
03:40 BYD’s global presence in the clean tech sector
04:28 China government support for automakers
06:55 Pushback from the European Union
08:55 A potential China-Europe trade war?
WATCH MORE When Titans Clash
Part 1: China vs The West: Does Trade War Spell End To Made-In-China Goods? | When Titans Clash 3 - Part 1/2
• China vs The West: Doe...
Part 2: New Economic World Order? Industrial Policies & De-Risking From China | When Titans Clash 3 - Part 2
• New Economic World Ord...
Have feedback or an idea for a story? Email cnainsider@mediacorp.com.sg
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About the show: As de-risking deepens, China’s economy loses billions in investments. Is this the end of made-in-China, and the rise of new manufacturing powerhouses like India and Mexico? What is the new form of globalisation that is emerging?
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#CNAInsider #WhenTitansClashCNA #China #Trade #Economy #Autos #Manufacturing #GreenTech #CleanTech
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Пікірлер: 1 200

@aaltcornelius5942 13 күн бұрын

I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.

@antondaan1836 13 күн бұрын

Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.

@alardditmer2582 13 күн бұрын

Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.

@cortantonie9457 13 күн бұрын

It's really not easy investing or trading the financial market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky

@carleddiewesley4960 13 күн бұрын

Yeah I have same issue also, sometimes I feel like the market is being manupulated

@dickadriaan1898 13 күн бұрын

Trading under the guidance of an expert is the best strategy for beginners.

@TheDysartes 3 ай бұрын

As a customer I don't care which country makes the product as long as I get value for money, if that means a Chinese made car over a European car then so be it. The EU gives out grants to companies which essentially is a subsidy, I don't see an issue for China giving companies subsidies. At the end of the day if the product is good, reasonably priced and efficient I don't care where it's made.

@jofujino 3 ай бұрын

Yes, but you should add reliability. How does the product age and am I going to spend an arm and a leg on maintenance later on? For instance, there are plenty of horror stories about $60k bills for Hyundai Ioniq if the battery pack is damaged or needs to be replaced. The BYD EV cars could age like fine wine or like the Volkswagon Taos with its 6 recalls (including issues with overheating and the brakes). For now I'm going to just watch on the sidelines in my Toyota.

@momochizabuza2558 3 ай бұрын

@@jofujino You should read up on the BYD E6. Later versions have been produced and used as taxis since 2016, earlier versions since 2009. They run like work horses. Tens of millions of kms clocked on these cars. The entire Shenzhen taxi fleet run on these and have been for nearly a decade.

@ledarthplanet 3 ай бұрын

@@momochizabuza2558 forgot to mention the number of battery replacements.... Any electric car can runs for decades... Be the one which has 2 replacements per 5 years....or 20 replacements per 5 years.

@amandagrant4331 3 ай бұрын

China cars is a blessing and welcomed by global consumers

@wallstreetzoomer 3 ай бұрын

Thank you. The white propaganda is in full force in this comment section. Remember, years of colonialism have brainwashed you into thinking white = superior. BYD achieves price advantage not from cost cutting but from supplying their own batteries and also manufacturing in their own country. If unsure, test it out yourself, do your own research, ask your ASIAN engineer friends etc. Without colonial loots and being way behind in America/East Asia in tech, Europe is collapsing.

@LADanaPoint 3 ай бұрын

From when selling a better product for less money becomes a criminal act?

@yoyozent 2 ай бұрын

Challenge old money is always a crime!

@dan-bz7dz 2 ай бұрын

EU logic

@jaylooppworld381 2 ай бұрын

@@yoyozent😂😂😂

@watchman835 2 ай бұрын

Since some countries realised they are outcompeted in their core competencies.

@marinoint 2 ай бұрын

In the eyes of the western corporate giants that want to monopolize the market, it is a serious crime.

@mokulashi 3 ай бұрын

when EU cars dominated in China's markets, China didn't do any sanctions or says , instead they worked harder to be #1 today; when China starts dominating EU , EU just sanction instead of working hard

@JCSY1 2 ай бұрын

Positive, forward thinking and attitude, hardworking and never give up is the core of China's growth. One can only grow if you grow yourself and your partners. Some country who uses sanctions and intimidations to make and force others to submit to their command won't work and will cause themselves to fall even faster.

@mail4tung 2 ай бұрын

truth

@teykengwei 2 ай бұрын

That's simply untrue. China set many restrictions for European cars in China. 😂

@JCSY1 2 ай бұрын

@@teykengwei Not sanctions but certain rules.

@virgiliomateus4239 2 ай бұрын

@@JCSY1Unilateral restrictions' rules are sanctions. Moreover, the rules must be those of WTO to all partners, to not distorting the competence on behalf of just one partner. Free market for some countries only value when benefits them. Great rule it is.

@alinassib6483 3 ай бұрын

Even my house is made in china I use hisense tv 65 inch Hisense fridge..washing machine...cooker...sound bar absolutely everything in my house is made in china. Cheap and classy..love it

@SLBFWY 2 ай бұрын

房子怎么做到中国制造？我没听说过房地产公司在外国有业务啊

@AbuShivaToyib 2 ай бұрын

😂😅😂

@Cleav3r Ай бұрын

@@SLBFWY落后了吧，国外好多地产都是中国公司，造公寓大楼的比如绿地亦或是造小house的华人老板建筑公司遍地都是了

@David-dh2fe Ай бұрын

@@SLBFWY别说，以前万达还真出过海😂

@tea.with.bree13 3 ай бұрын

As someone who drives a BYD, I can say I am definitely happy to be a part of this.

@abcsourcellc9536 3 ай бұрын

Each country nowadays are going back to trade protectionism. There will be some sectors that China moves ahead and some sector that they are behind. US and EU also subsided aviation sector, and how come no one says anything. EU luxury bags and jewelry are flooding Chinese market, so does it means that China could also put a trade restriction to block all those goods to be sold inside China? The purpose of global trade is I sell you the products I made best and you sell me the products you made best. Otherwise, there is no purpose of global trade. EU companies make tons of money inside China for the last 40 years, so I don't see what is wrong to Chinese companies to make some money in EU market.

@jameshara8994 3 ай бұрын

China should impose 10 fold punitive import taxes on these luxury goods from Europe!

@adriansaw8329 3 ай бұрын

The Chiense just go to Japan Singapore or Europe to buy lol@@jameshara8994

@blue-uo6yl 3 ай бұрын

It all just boils down to White supremacy. Cant give up ur position can we?

@sleo3720 3 ай бұрын

The EU and US have the same mindset when it comes to trade, talking about derisking amounts to keeping Chinese products out of their markets, and using threat to national security as an excuse for many other products such as smartphones

@TheHammerOfTheMeiteis7 3 ай бұрын

Free trade as long as it benefited the West.

@sophallvoek7825 3 ай бұрын

What a cheap shot from EU and US. What us fair trade ? A fair trade should be free with no restriction. For us as a consumer, competitive price and free market is valued to us as we can get cheaper products for daily use. Who care which country will a car come from as long as it fit our needs ...

@kaijunjiang9763 3 ай бұрын

Most Chinese EVs are sold on much higher prices in the EU than in China. Model 3 and Y are also cheaper in China. I don't know where the claim of cheaper Chinese EVs came from. The outspoken lady would have known she was spitting lies if she cared to do some market research as opposed to wasting time on bureaucracy.

@anti-bullingjames 3 ай бұрын

Expensive is a relative term. Comparing with price in China it's more expensive. But competing with EU cars, it's still relatively cheaper

@Rex-ww4cw 3 ай бұрын

@@anti-bullingjames if I'm correct, aren't BYD Seal more expensive than Tesla Model 3 in Europe ?

@cheongseeksam3502 3 ай бұрын

China bashing is easy and popular, the German lady who has almost all her immediate family members in US is servicing US interest rather than Europeans.

@staycurious69-dt3tt 3 ай бұрын

Carbon credits, EVs are cheaper in China because of the carbon credits system, they actually have a working carbon exchange program going on.

@SimonFranck100 3 ай бұрын

Yet, China is being 'investigated' by the 'EU' for dumping!

@seymorefact4333 3 ай бұрын

🤩🤩 I'M IN the USA ...would love to buy BYD, Geely, Nio, ZEEKR, Xpeng, Huawei, etc. Euro cars has always been expensive trash!

@Reformamposss 3 ай бұрын

@@AGZFreddy1983 why too many planes crash & blow up in usa??? bcus planes in usa not quality???

@Reformamposss 3 ай бұрын

@@AGZFreddy1983 tesla, VW , lotus , Volvo uses CHINA ev tech dude

@Nk99995 3 ай бұрын

What about American jobs and livelihood? How about some protection to US technology?

@Nk99995 3 ай бұрын

@@Reformamposss where do you get the news? Too many plane crashes in USA?

@shooting4star2023 3 ай бұрын

It's well known that BMW, Mercedes, Audi, Alfa Romeo, just to name a few, are among the most unreliable overpriced car brands. The value of used cars from these brands proves that.

@iechuanlee9326 3 ай бұрын

Most China EV companies strive to be the best and now the rewards are here.

@reiryghts639 4 күн бұрын

Funny joke

@DanBurgaud 3 ай бұрын

Sun Tze: "Fight where the enemy are not." China cannot compete in the ICE market; and since EV is still new, competing there makes more sense.

@tudoralexandru8740 3 ай бұрын

yes, let's compete în a dying technology

@othellox1064 3 ай бұрын

@@tudoralexandru8740 You are delusional

@tudoralexandru8740 3 ай бұрын

@@othellox1064 ok BlackBerry fan

@rahulravindran2615 3 ай бұрын

Electrification is the future, there are choke points such as battery technology , AI, and chip technology. Guess where China is fiercely competing in and the US playing catch up?

@TelpPov 3 ай бұрын

@@tudoralexandru8740 EV is not based on any one technology. Chinese EV companies will be happy that legacy makers like Toyota completely abandon EV market if they dare and give total monopoly to China. You snooze you loose.

@kelvinking4022 3 ай бұрын

Western Media: china is collapsing 😅

@chngcheehwee5433 3 ай бұрын

😂😂their nightmare

@peterneil6859 3 ай бұрын

...and indian media 😂😂😂

@user-xo7kr7zp9z 3 ай бұрын

IT IS TRUTH

@rinkipaswan3313 3 ай бұрын

@@peterneil6859 Indian media lacks the art of propaganda compared to the cunning Western media. Instead, here they resort to incessant crude emotional nationalist blackmail 24x7, which appears so vulgar that I have stopped watching the news for nearly two years now.

@roberts2697 3 ай бұрын

@@peterneil6859 Tata motor dreaming to replace Chinese EV.

@kevinlin4895 3 ай бұрын

What Elon Musk said recently is absolutely true. If there are no protectionist policies, Chinese EV will basically demolish most legacy automakers, who have been far too complacent. But protectionism is a double edged sword, it hurts you just as much if not more than what you're trying to protect.

@cheungchingtong 3 ай бұрын

Complacent is a word that 100% suitable for those legacies.

@mysticdreamworks 3 ай бұрын

Then , be competitive! Not anti ev, anti china, anti technology. America spent trillions for wars outside their country, what if they spent that trillions for companies in their country to be more competitive.

@PHC24 3 ай бұрын

He made a big mistake by letting public free to use tesla patent in 2014.

@chobot3869 3 ай бұрын

Then I guess those Europeans are simply too dump to use them@@PHC24

@willengel2458 3 ай бұрын

China used to import its Tunnel Boring Machines (TBM). when China put a group of engineers and designer together and came up with their own TBM. they.re not only selling their own, they also manufacture for their competitors. expect China to dominate the 14 nm chips and above within the next five years. it's the economy of scale. China's market is big enough to sustain any industry. the top dog/s will go global.

@jamaicasysbm2580 3 ай бұрын

We have BYD in Jamaica and Beijing X55 along with GWM Haval they are nice vehicles cheaper than the Japanese and European auto manufacturers with better quality

@andrewpowers2904 Ай бұрын

Better quality then Japanese that’s a joke, Chinese are nowhere near the quality of say Toyota you are talking complete rubbish.

@jamaicasysbm2580 Ай бұрын

@@andrewpowers2904 this is first hand observation

@andrewpowers2904 Ай бұрын

@@jamaicasysbm2580 really prove to me BYD are more reliable then any Japanese Manufacturer you can’t because they are nowhere near the quality.Ive been in the electrical industry over 30 years, and now we are over run with Chinese products and reliability a lot worse than it ever been, they work for a couple of years then pack up.

@jamaicasysbm2580 Ай бұрын

@@andrewpowers2904 you are not living in Jamaica 🇯🇲 so will not be able to see it for yourself

@wei3720 Ай бұрын

@@andrewpowers2904中國工業規模之大以至於包含優質跟廉價產品，你的東西損壞是你的問題，因為你只買便宜的

@ChristianHau 3 ай бұрын

If it wasn't about China, would it matter?

@intlgoh5229 3 ай бұрын

tesla is the answer

@jacobl5488 3 ай бұрын

yeah but thats how human beings are.. we are mostly fueled by competition..

@WiseOnion 3 ай бұрын

It wouldn't. But Communism, Political and Civil Oppression and Authoritarian state-controlled media and intellectual properties matter.

@IA100KPDT 3 ай бұрын

@@WiseOnionVietnam is also communist but US is cozying up to her? Political and civil oppression and controlled media? U r talking about USA. Intellectual properties? USA has been hacking Chinese Uni for the longest time and your media doesn't report it, do u? What a thoroughbred hypocrite. China will rise as fast as US heading to the dump, get over it.

@limk8994 3 ай бұрын

@@WiseOnionmatter to whom ? capitalists maniacs, with its western hegemony. Good riddance!

@Kyuestma 3 ай бұрын

I am Chinese, ordinary people,I have finance pressure from House,car,family… I don’t care about politics ,I don’t care which country the brand products belong to, I just care about the price affordable for me and quality, so that finally I selected BYD last year, actually I like Tesla too, however my pocket is a little bit empty. if your country product is good and affordable, China market will not give up your product, no matter which country your brand belongs to : )

@tliew3846 3 ай бұрын

These cars from China are pretty amazing. Got a chance to see them up close and was pretty amazed by the quality, looks and functionality. Absolutely blown away when I check and see how affordable they are online. Can't wait to get them here in North America. I can buy them outright instead of having $800-1200 in monthly forever payments.

@cheungchingtong 3 ай бұрын

HUAWEI.

@winstonyu1776 3 ай бұрын

You may get it in Canada, never in USA

@cheungchingtong 3 ай бұрын

@@winstonyu1776 What's the difference?

@frank33607 3 ай бұрын

Once they unionize then try buying one.

@vincentdesun 3 ай бұрын

@@cheungchingtong USA is xenophobic

@ellensamir374 3 ай бұрын

I bought an ID.3 (over MG4) in support of the European-made EV. I'm really disappointed by the VW customer service. The official VW dealership held my car demanding payment for a battery recall! Therefore, I would say, let the competition become more furious! It's only fair, and it's best for consumers!

@blueukc 3 ай бұрын

how much have you paid for it ? it cost 15,000 in china and still no one buying it compare with other chinese EV brands

@koookao 3 ай бұрын

Sad for you... morality you shouldn't buy something without thinking for you first. EU leaderships won't pay your bills they will increase it! Worse to send technology in China to make them richer... World is like that, don't be nice think for yourself first too, nobody will think for yourself better than you! 😊

@user-yt7bz4bx4o 2 ай бұрын

ID3 is very cheap in China for 15,000 dollars.

@GiorniVenibato 3 ай бұрын

Imagine you can buy a small ev here in US for less than $10,000! Republicans are depriving American people from accessing the affordable and quality electric vehicles!

@YSKWatch 3 ай бұрын

it's both.

@danielpang9078 3 ай бұрын

you can get one for $5,000 in China

@cheongseeksam3502 3 ай бұрын

The American masses need to be brainwashed to hate anyone doing better on merits, especially against those who traditionally deemed interior.

@theinfralink6598 3 ай бұрын

You must be a democrat

@H2O-720 3 ай бұрын

People tend to link made in china = bad quality. Boy they could never be so wrong. For the same $ you pay in the west or in europe, China can produce much much higher and better quality products. You get what you paid for.

@DontUputThatEvilOnMe Ай бұрын

I don’t think you understand what this “you get what you pay for” phrase means. It means buying something cheap means it is cheap.

@H2O-720 Ай бұрын

@DontUputThatEvilOnMe I understand exactly what that phrase means. You get what you paid for. Some people expect superior quality product but only willing to pay pennies for it, and then blame it on made it china.

@DontUputThatEvilOnMe Ай бұрын

@@H2O-720 yeah cause China makes mostly crap products.

@SolarBurn 3 ай бұрын

Put simply, "they" jelly. "They" see China leading they eye red. 🙄

@stvdmc2011 3 ай бұрын

Fairness? When did anglo ever practice fariness.

@twohorse123 3 ай бұрын

when the exchanged opium for silver ? no? 😂😂😂

@seanlander9321 3 ай бұрын

When they bailed China out in WWII with Lend Lease.

@munzurharck368 3 ай бұрын

Invade Asia than say Asian countries are unfair 😂

@germanbeer2466 3 ай бұрын

Airbus supported by EU. Boeing supported by US military.

@miked8121 3 ай бұрын

Until Trump, the U.S. never had tariffs on ICE vehicles, only on small trucks (mostly Japanese). China has always had tariffs on the importation of U.S. made vehicles.

@publicfavourite 3 ай бұрын

BYD alone sold 3 million electric cars abroad.

@MrTtchuah 3 ай бұрын

European and japan dominate for decades. its not the nightmare for us. Just keep improving

@President_XiJinping 3 ай бұрын

China is here to dominate for Centuries😎🇨🇳

@furikuri23 3 ай бұрын

Thats what Nokia and Blackberry said. Took no time at all for Europe to completely become irrelevant in the Mobile Smartphone market. Similar story for the Japanese smartphones. Overpriced, and under performed. The same playbook is happening to their Automobiles. Europe is trying, but Japan seems quite complacent with their dominance. Time will tell. Hopefully its not too late.

@cheongseeksam3502 3 ай бұрын

Just let the best player who can serve the demand of the majority win. Consumer interest must be above politics!

@doffy2192 3 ай бұрын

@@President_XiJinping🤡gpd

@Electronica27 3 ай бұрын

@@furikuri23 China is too busy with their "tofu" strength buildings collapsing and arming their "water" fueled missiles to do any good in the EV market. Maybe Geely auto could eek out a win but even then, I don't have enough confidence in them imo.

@meow7983 3 ай бұрын

China Automakers did a right move. Rather than compete with EU or Japan ICE models. They move on to another platform which the other car makers ignored. EV vs ICE. It’s 2 different sets of tech. China gave up ICE and adopt EV. Which is a right move

@Darkpill-2 3 ай бұрын

Not really true. Chinese weren’t smart enough to figure out how to build an ICE vehicle, EV was all they could make.

@user-vk2rc8rg1t 3 ай бұрын

⁠@@Darkpill-2China also has nice ice makers as Geeky, Link Co,it’s just they are not sold in your country. In 2023 the sales of foreign brands went long strongly as people tend to buy Chinese ices at least in Chinese market. So do some research before you open your mouse😅

@user-hc5cg3jc3i 3 ай бұрын

@@Darkpill-2我笑死你要不先了解吉利奇瑞长安长城出口其他国家的燃油车？😂

@Darkpill-2 3 ай бұрын

@@user-vk2rc8rg1t China can’t manufacture ice engines. They are probably importing the engines in those cars. You can Google “China can’t make combustion engines” and you can learn about it. China also couldn’t make its own ballpoint pen until about 5 years ago. The biggest problem is there are no intellectual property rights in China so in there is no incentive for companies to invest billions in R&D. The EV engine is very very simple and that’s why China is good at making them.

@Darkpill-2 3 ай бұрын

@@user-hc5cg3jc3i I already answered this, see my previous answer.

@greentraveler4114 3 ай бұрын

Americans and Europeans heavily subsidied its industry like aircraft manfacturing, carmakers, pharmaceuticals, and agriculture sectors.

@herberttan4169 2 ай бұрын

So again, what's new to complain from western countries.

@freemagicfun 2 ай бұрын

Yeah, America still subsidizes farms and oil... but it is somehow wrong when China does it? (we subsidize oil?! WTF) 😎

@greentraveler4114 Ай бұрын

@@herberttan4169 Boeing, Airbus, Ford, BMW, Mercedes etc. all these companies are receiving billions of tax exemption, free land and direct cashflow input.

@MrGanbat84 3 ай бұрын

I realy trust BYD quality. I have driving seal for 3 months. No issue and loving more day by day ❤🎉

@QuantumBoyMacau 3 ай бұрын

EU is a joke.

@breadnewbie6326 3 ай бұрын

fun fact: literally all German car biggest factories are in china (Porsche is in progress, to be exact).

@Thomas_7976 3 ай бұрын

Porsche doesnt produce cars in china! They only produce in Zuffenhausen, Leipzig, Bratislava and Malaysia! And only the Chayenne is made outside of Germany!

@breadnewbie6326 3 ай бұрын

@@Thomas_7976 that's why I'm saying in progress. since their sales in their biggest market (china) declined, they decided to build factory in china.

@Thomas_7976 3 ай бұрын

Mercedes biggest factory is in Stuttgart/Sindelfingen! 54.000 Employees work there! The Factory in bejing only has 11.000 Employees!

@Thomas_7976 3 ай бұрын

This is literally not a fact! What you wrote is just absolute garbage!

@othellox1064 3 ай бұрын

@@Thomas_7976 Your data must be out of date.

@Jen-xg3iq 3 ай бұрын

Why not if the Chinese cars have better quality and good price.

@kenyup7936 3 ай бұрын

That’s why this report absolutely misleading, china will take over Japan not Europe

@zhengmaoding-ic9hj 3 ай бұрын

Their quality is already much better

@user-wp5kx7tv1v 3 ай бұрын

倒是这没有lgbt的价值认证所以它不好

@degol5692 3 ай бұрын

Because anti-China propaganda.

@meiyang7595 3 ай бұрын

maybe they are not black or LGBT?haha,just kidding

@alxvideos6634 3 ай бұрын

Let me tell you an interesting experience. I run a car repair shop in Italy. One of my customers is a 2022 new car DACIA. This is a French car brand established in Romania. Using the car inspection computer, I can log in to the model from ten years ago (explaining this) French car companies use hardware and software from ten years ago to produce 2022 cars

@munzurharck368 3 ай бұрын

Dacia is a very cheap car why would Renault invest so much money? Dacia is good enough for its price. Compare it to junk Hyundai/Kia and expensive junk BMW that are worse!

@UCiWrMgES50tlUhV3l6NqjNA 3 ай бұрын

thats what they do, recycle the product and make it cheaper but keep racking profits, because we're in a "crisis" and there is no money for investing, only for scamming the clients! this is the pathetic state we've come to man! and they don't wanna accept chinese products, why not? let's put them all side by side and compare them with real results! its only good for all of us consumers, since we will be getting them for cheaper! if you wanna survive make your products more reliable and acessible than chinese counterparts, otherwise, why should we be wasting money for super expensive products?

@blueocean2510 3 ай бұрын

The Duel Fuel Dacia, now built in Morocco is ok, LPG € 1 or less per ltr. In the transition to the New EU, to ensure EU product and companies, and citizens are employed, the Good Citizen Act & True Citizen Act will ensure the EU works well.

@rochesterzhang9649 2 ай бұрын

DACIA Spring seems to be made in China. But the price of this car is almost two to three times more expensive in Europe than in China.

@blueocean2510 2 ай бұрын

@@rochesterzhang9649 Dacia Renault is manufactured in Morocco. One of the most efficient manufacturing bases with rail link to the Port to transport around the world.

@user-bk4on6fd8z 3 ай бұрын

When Europe couldn't beat new energy vehicles, it started to engage in protectionism. However, they don't treat Tesla cars this way. Of course, the same goes for the United States. When it cannot compete, it closes itself off.

@adriansaw8329 3 ай бұрын

Your comment applies to China closing out everything from Internet to banking. 2001 WTO requirements (when they joined) for liberalisation still not met.

@user-bk4on6fd8z 3 ай бұрын

The fact is that China's Internet is open to the whole world. As long as it complies with Chinese laws, foreign companies can hold 100% of Chinese banks. You can find other banks in the world in China. National security will not be used as a shield for anything.@@adriansaw8329

@user-bk4on6fd8z 3 ай бұрын

@aboard04 3 ай бұрын

Chinese E-vehicle subsidy can be claimed by any car manufacturers located in China, regardless its being Chinese or foreign brand as long as they are e-vehicles.

@xxl1950 3 ай бұрын

What China did was not unfair practices? We know how China was swimming in smog two or three decades ago and the Chinese government knew they had to fight these carbon pollution. They were correct in backing the development of solar and battery. The government had the foresight to put their money into HSR, battery and solar development and other peripherals. Why blame China for your own short sightedness ?

@Anthony-dj4nd 3 ай бұрын

When saving the planet it doesn't matter who produces the solution 😢🌎

@iainw5081 3 ай бұрын

EVs trash the environment.

@htq3972 3 ай бұрын

Why does China can make cars so cheaply with better quality? It is not about government’s subsidies. China has cheaper labor, cheaper energy, cheaper materials, cheaper supply chains and hardest workers and engineers. How can Western countries beat it?

@LuckyJojo-yb9vt 3 ай бұрын

European government prefer or unable to pump in sufficient money to develop their own EV brands and supply chain because of exorbitant cost involved. Typical incompetent politician immediately think of sanctions as the wat out.

@YSKWatch 3 ай бұрын

china build the EV supply chain since 2004, other country can do the same, but too late.

@roafelix8198 3 ай бұрын

Simple question: Will the world give up the European cars for made-in-China electric vehicles? Simple answer: Yes.

@Jodoe243 3 ай бұрын

USA is labeling the EV's as a security risk to national security.

@JB-fq9dp 3 ай бұрын

After ~110 years, Ford and GM are still trying to figure how to put a car together without rattles after 2-3 weeks of ownership.

@benteng4621 3 ай бұрын

If China wants to hit back, it does not need the Chinese government to take any action.... the consumers themselves would boycott these European brands.

@xxl1950 2 ай бұрын

Unfortunately I beg to disagree. Look at Tesla and Apple there are best sellers in China for so many years. Somehow the Chinese thinks that foreign goods are better, that's why Nike, H&M, Zara, LV, Gucci and so many branded names are doing so very well in China.

@henrywid 3 ай бұрын

Europeans and Japanese have duopolized the markets and they have survived their high-cost structure with this duopoly. They were lazy and were not innovating that fast and stingy on features. Now a new challenger comes in with better if not equal quality cars and performance for much less money, panic sets in. Elon Musk said it right, the only way they can protect their car companies is by trade protectionism. Its sad to see the developed world breaking all the market "rules based order" when they are losing the battle. Such hyprocrites. Its like only we can win, you poor emerging market stay our folowers.

@kenyup7936 3 ай бұрын

Please note china will take over Japan not Europe

@achekholbeckal889 3 ай бұрын

If China can make a reliable , good safety handling and after sales service it is not impossible, I remember in the 8s people mock Japanese cars as soft and unreliable

@D_JIM99 3 ай бұрын

It's already a reality with China dominating the EV manufacturing industry, EV export and EV domestic market, and for example NIO has multiple cars with 5 stars EURO NCAP and ANCAP ratings, in terms of services NIO has the highest service in the auto industry. Also winning multiple best design awards in Europe/Germany with the most important honour in the German Automotive Industry. BYD the largest NEV car maker globally etc. 😊

@MGZetta 3 ай бұрын

The reason EV cars in China getting sold like half the price is they have logistics and massive competion with brands from all over the world. Also having relatively low levels of IP protection compared to west ironically makes them innovate faster and better to stay in the market. I'm a customer, all I care about is value for money. I don't care about the company problems.

@user-qz2ro2om7t 3 ай бұрын

中国有的是全套标准的产业链，什么东西都可以制造，虽然不是最先进的，庞大的市场，基础设施，这是其他国家无法比拟的！

@khlim428 3 ай бұрын

the west simply can't compete and they complain about fairness hahaha

@YSKWatch 3 ай бұрын

only the weak will demand fairness, the strong will never demand fairness.

@ernahubbard2062 3 ай бұрын

what? you mean we don't have a Party that takes tax payers money and huge debt to subsidize industries? Be my guest.

@ernahubbard2062 3 ай бұрын

@@YSKWatch well, that's what people 200 years ago would think, and we are now in 2024.

@YSKWatch 3 ай бұрын

@@ernahubbard2062 technology changed, human nature unchanged.

@Rex-ww4cw 3 ай бұрын

Funny thing is that Chinese EV aren't even cheap in Europe, they're almost as expensive as Tesla 😂

@klchan988 3 ай бұрын

The subsidy of the Chinese car is provided by the Chinese govn. Isn't this also means the Chinese ppl tax money is enabling a competitive of China's EV in Europe to enjoy, and yet the EU is complaining and making it more expensive for its people ?

@terry1708 3 ай бұрын

Many countries have subsidy for electric cars, not only China

@mysticdreamworks 3 ай бұрын

EU spent trillions for wars. lol

@Rex-ww4cw 3 ай бұрын

@@terry1708in fact, every single car brand received subsidies from their own countries, weather if it's ICE or EV.

@nagi-springfield93 3 ай бұрын

China no longer subsidies any EV companies since 2023. Also when china subsidies EV industry the government subsidies to all companies, tesla and other countries automaker also benifit from it.

@deebil8099 3 ай бұрын

No, that means they are willing to take the lose for now in order to bankrupt their competition. Once their dumping bankrupts all the other companies, they will raise their prices and make their money back. China already did this with solar panels and steel. China also does this with real estate. They have been building ghost cities and bridges to nowhere using debt to pump up their GDP numbers for over 15 years now.... This isn't sustainable. That's why their fake ponzi scheme economy is collapsing. The EU doesn't want them to take their real profitable companies with them in their giant scam.... China causes all of the world's problems. That's why the entire civilized world is decoupling from them. This should have been done 15 years ago...

@ngjs3301 3 ай бұрын

EU Comm only talk about fairness when their members are losing market share..really a joke. Pls improve your own products and the pricing

@darshshinde 3 ай бұрын

60 to 100 billion dollars on EV segment. And here in America we must have waited that much in handouts, wars and bailouts!

@tm4s426 3 ай бұрын

I think it's unfair to judge a product solely based on where it is made. What really matters is the quality of the product and the customer service it provides. Some people tend to overlook the fact that Nio produces excellent cars and has a superior infrastructure when compared to that of Tesla. However, because it originates from China, it is often looked down upon. I believe this kind of bias is unnecessary and we should focus on the actual product instead.

@lancerussell755 3 ай бұрын

It's partly due to corporate greed. You can't find a cheap EV from Germany, or the US, because they are padding their wallets over what's best for the consumer. Where Chinese cars, are just trying to get a foothold, so they price their car better, and not worried about building 1000hp family cars, and build cars that people will/can buy, which America and Germany arent interested in, they make EV's exclusively for the rich.

@CNyabera 3 ай бұрын

😂😂😂 why cant Europe also offer subsidy for Electric manufacturers???

@hafieznafih 3 ай бұрын

they gave to Ukraine.

@huicao9779 3 ай бұрын

They speak a lot, and do nothing.

@UCiWrMgES50tlUhV3l6NqjNA 3 ай бұрын

allways good to have a counter balance to things...do we really need ukraine nazis trying to fight against commies? or should we actually benefit commies for cheaper and worthwile products? why do we gotta keep feeding the nazis tax money instead of benefiting ourselves?? so that the colonialists keep filling their pockets? FUCC OUTTA HERE!

@MemeWaleBhai Ай бұрын

Finally Europe showed their original face😂😂

@willng247 3 ай бұрын

Over 18 months ago, Jaguar Land Rover were already circulating internal memos about the onslaught of Chinese cars coming to Europe. They had plenty of time to react and it seems too late.

@Fleshox19-uz3qt 3 ай бұрын

It's not too late to act at all. The cars may flood the market for now but they are not selling and the EU are looking into the subsidies these Chinese inferior made machines are getting to for Europe to compete with. The push back is coming and it's inevitable for China. As for their cars, why would you buy one of theirs just because they're cheap? Anyone can buy a cheap European made car where you won't be financing an immoral government. Why should Europe be the dumping ground of China's unwanted EV's and kill their own industry at the same time? Makes sense to decouple from China, put 50% tariffs on Chinese cars.

@intlgoh5229 3 ай бұрын

indian branded

@RocketPropelledMexican 3 ай бұрын

The world already gave up european cars for japanese cars twenty years ago lmao

@rochesterzhang9649 2 ай бұрын

Over the past 40 years, a range of European and American automobile companies have made huge profits from China. But China has not pursued a policy of trade protection, especially for Volkswagen, which derives nearly fifty percent of its annual sales from the Chinese market. Especially after the huge penalties of VW Emissionsgate, VW is relying on the Chinese market to survive the crisis. In its backward phase, China was extremely welcoming to foreign companies investing in China, recognizing its own shortcomings and actively learning from them. I have experienced the 1990s, when one factory and enterprise after another went bankrupt and reorganized due to technological backwardness. But when China's automobile industry could compete with European automobile companies in terms of technological accumulation, the Europeans intended to close the market. I really don't understand why Europe and the United States have double standards when it comes to natural market competition.

@Glory-to-God. 3 ай бұрын

European usually consider themselves belonging to a higher class regardless being rich or poor, therefore they would prefer more expensive cars, if China's car are expensive enough they certainly would love to get one even though they may not be able to afford

@happymelon7129 3 ай бұрын

🤣🤣🤣

@user-vo6gn9to1y 3 ай бұрын

😅😅

@alandaddydaycare200 3 ай бұрын

Huh? I don't get it. So the euro governments can't subsidize??

@ongbookok9320 3 ай бұрын

Which brand or country doesn’t matter, as long as the vehicle is safe, reliable and value for money.

@hanni3728 2 ай бұрын

When you can't beat it, you ban it... What logic is this

@Dihorse371 3 ай бұрын

Von the-liar always makes allegations without particulars. China provide tax credits for EV, including that of Telsa and imported EV. But US and EU give money out right to their car manufacturers.

@gfabie4901 3 ай бұрын

Just like the Europeans to try to change the game in mid-session, when they failed to champion EVs as much or as heavily as China.

@dougsinthailand7176 3 ай бұрын

What does it take to get polluting cars off the road? Waiting for the market to wake up? We don’t have time. This is an instance where direct government action is more efficient.

@user-mm2bz5pf9y 3 ай бұрын

This is the real face of human being, it's not about the environment, it's all about business.

@tc691kiing9 3 ай бұрын

Let the engineers do the good job. Let Frau Von understand what is the fair trade meant to consumers

@michaellee3209 3 ай бұрын

Cheaper Chinese EVs are not because of the subsidies from the Chinese government. if you compare salaries and supply chain costs, you will find the reason.

@astroNexx 2 ай бұрын

EU is done. That speech shows how little they understand anything about the world. As if they live in a bubble.

@seanlander9321 3 ай бұрын

Brilliant. These vehicles are full of Australian minerals. At last some karma for the Europeans and the punitive trade embargo they’ve inflicted on Australia for generations.

@Parisian71 3 ай бұрын

The RISE of China's EVs cannot be STOPPED !! Not only in terms of Pricing but also for its Design, Good QUALITY, and Safety !!

@maddie84477 3 ай бұрын

Superb as ever. Love the channel ❤️

@JJ_178 3 ай бұрын

Well western politician can only complaint of fairness, actually if they are not corrupting and spend on war, they can assist the company to help overall economy of the country and job for the people.

@xuimod 3 ай бұрын

If they can China should help out with the charging infrastructure especially in the US.

@ttssa2030 3 ай бұрын

BYD mine lithium, produce batteries and now mass produce EVs, with total vertical integration. Without building similar vertical integration, EU and US car manufacturers have no chance to complete with BYD!

@alyciawang2892 3 ай бұрын

Thank you

@bnatbox 3 ай бұрын

If China can subsidise heavily, why not EU also subsidise heavily? and it will be fair playing field

@user-tz9jh6pv2j 2 ай бұрын

EU doesn't want policy. They just want to own the blacks and Asian and take whatever they want.

@mgronich948 3 ай бұрын

Video didn't answer the question will the world give up European cars for made in China EVs.The answer is becomming ovbious. Outside of the US where anti-china propaganda was augmented by 500M/yr budget. Even in Mexico China has taken over the EV market.

@naknak97 3 ай бұрын

how is the after sales?

@F.u.Belitong 3 ай бұрын

I dont care if my car is made by Somalian even Martian.. To i need a car with highly values on the terms quality, prices and safe.

@ahpong 3 ай бұрын

Von Der Crazy puts on clown shows non-stop😂😂😂

@kanedateng7604 3 ай бұрын

Smart move from china

@IgorSilva-mz1lm 3 ай бұрын

China has the best EVs. I want one.

@tommycollier9172 3 ай бұрын

It is great to hear a American auto worker Opinion on BYD Thanks for sharing.

@fushionm6098 3 ай бұрын

German cars no more favourite in Asia. Moving on to China made cars.

@bayernvoeller 3 ай бұрын

enough of Oil and Gas price fluctuation , and the threat of green house gas

@andriadipura6393 3 ай бұрын

First of all, the world has already been giving up European cars for made-in-Japan fossil fuel cars since 4 decades ago.

@jecksonng 3 ай бұрын

In Singapore, prices are still high. Wtf

@martinbrock713 3 ай бұрын

We need a new system going forward, and I do not believe having COE for motorcycles makes sense. I would propose electric motorcycles be excluded from the COE system as they do not really contribute to traffic and if the electrical grid is using sustainable sources, it will also contribute very little overall carbon

@lanlantulan 3 ай бұрын

dreaming.. COE is cash cow..

@rochesterzhang9649 28 күн бұрын

Just a few years ago, the Camry, Civic, Accord, and Corolla were the best-selling cars in China. But now all these cars are not selling good in China. The Corolla price has dropped to $15,000, but it still doesn't sell well. This is the benefit of full competition to consumers，give people better choice

@hh0686 3 ай бұрын

“Will the world give up EU made cars for Made-in-Japan cars?” 🙄 human history will just repeat itself over and over

@stefanomaurino8201 3 ай бұрын

Tom Cotton hate this 😅

@marktrinidad7650 3 ай бұрын

Anything Asian needs to be banned in America. That is the global world order according to America.

@jianyang6281 3 ай бұрын

who is he? Singaporean? and served in Singaporean army for two years?

@gkmn7543 3 ай бұрын

Tom Cotton is currently sulking in his man-cave which is filled with Third Reich era Nazi memorabilia and Ku Klux Klan memorabilia.

@garfield2742 3 ай бұрын

Chinese EV is CCP spy !!!! You also should be careful of birds migration from chaynaaa, they all CCP spies !!!!

@twohorse123 3 ай бұрын

@jianyang6281 he is a cotton picking tom😂

@MrPicanto 3 ай бұрын

Peace loving China is already the 2nd riches in the world 🌎 😳 n no.1 in the universe. Great leader Mao's n Xi's Communists ideology is shared among the world masses, and new 💡 interactive is cultivated n developed. 🎉 😊

@Baker_Joker 2 ай бұрын

It did mention that the subsidy was paid to all car maker in CN including Tesla, VW etc.

@Sacto1654 3 ай бұрын

Not when the Chinese automakers are threatened with 25 to 60 percent tariffs. No wonder BYD is furiously building assembly lines around the world to avoid these tariffs, with new assembly lines in Hungary and Mexico coming online soon and others coming later. I also think BYD may seriously consider switching to a modular design for their EV's, which will allow the development of different models to be sold depending on the continent where the EV is sold.

@jojacobs4355 3 ай бұрын

It’s not like the european car makers cared about the average person being able to buy a car or invest in green(er) technologies that didn’t give them the same amount of profit at first.

@ArabicReja973 3 ай бұрын

For Chinese BYD cars, the Chinese government can remotely control your car's brake system.

@wallstreetzoomer 3 ай бұрын

don't be as gullible as this person

@kevinrock9802 3 ай бұрын

Bot

@pleongv1 3 ай бұрын

Your brain have been successfully controlled remotely by cia propaganda

@darthhideousuk 3 ай бұрын

For American Tesla cars, the US government can remotely control your car braking system.

@haoranliu9952 3 ай бұрын

The fact is US goverment is always monitoring your imformations by electronic products.

@user-eb4oj2iw5p 3 ай бұрын

They said the same words in terms of 5G tech before,not long before😅

@barebarekun161 3 ай бұрын

Them Euro makers sure as hell not making them anymore affordable in this region. Hence the market is wide open for Chinese EV that are fully loaded and affordable. In the case of fast sedan BYD Seal comes to mind and it's like 3 times cheaper than say comparable BMW M340i which are not as well equipped and BYD Seal is actually faster where it matters most in daily commuting as well, off the line acceleration.

@lastChang 3 ай бұрын

Chinese 🇨🇳 electric cars are *heavily subsidized* by many levels of Chinese government. Some people bought them, threw them away without driving, and still made profits. - That's why there are millions of new cars abandoned by owners across the country. And this is not an exaggeration.

@X-H-Wu 3 ай бұрын

You have read too much "reports" from anti-China tubers.

@kevinrock9802 3 ай бұрын

You're saying like bullshit

@momochizabuza2558 3 ай бұрын

All cars in US, Europe, and Japan are all subsidized one way or the other. Don't talk nonsense. And for a non car producing country like Singapore, the more other governments subsidize their goods, the better for us. Their tax payers are lowering prices for us to buy.

@doujinflip 3 ай бұрын

Right, there are fields full of brand-new plated Chinese EVs because they were simply collecting the subsidies for the "sales". They're getting dumped in whatever market is willing to import them because Chinese consumers are largely too poor to buy and park one.

@bldomain 3 ай бұрын

You are a well known anti Chinese troll on CNA videos. DO YOU THINK PEOPLE WILL BELIEVE WHAT YOU SAY?