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Many western countries are putting the horse before the cart on public transport. The governing bodies tell people to use public transport and the truth is, if the public transport was reliable, convenient, and cost-effective, they would. Where I live, reliability is a HUGE issue and I would not trust it.
Free market is valid only if it benefits EU and the US. end of the strory. As an American myself , we see how bad our politicians and corrupted businesses associated with them
The West has two options: a) Continue with ICE vehicles -> Russia wins or b) Subsidize EVs -> China wins. For a long time now, they have preferred losing to China than losing to Russia.
The next overcapacity from China is the space industry, space station overcapacity, landing on the Moon Overcapacity, landing on the Mars overcapacity, Space Travelling Overcapacity. Or Generally Space Invader 😂😂😂😂
US and European car companies sold cars in China for years, now that they can’t compete with Chinese EV industry, that raise the taxes and tariffs, accusing China of high subsidies… As if US and EU governments also haven’t subsided its companies as well… they even caused wars on Countries with huge reserves of petroleum to power its combustion cars. The hypocrisy!
Why would Chinese government subsidies company like BYD heavily funded by Warren Buffet? Why enrich an already wealthy American? What does “overcapacity” means? Why would consumers resist “overcapacity=over supply= lower price”?
The third-largest market for European cars, China, took in passenger cars exported from the EU to the value of over 24 billion euros from January to December 2022.
Wth is an over capacity issue? It may be an issue for EU car makers but its the best thing for consumers who can get good quality product at a reduced rate.
During the covid period, China manufactured hundreds of millions of masks a day and exported them to save mankind, No one complained about overproduction. Now when China mass produce eVs to save the environment, the west complains bitterly about it. What an irony !
Buick (GM) was the highest selling ICE vehicles for more than two decades in China, and VW came in as second best selling. German luxury cars, BMW, Mercedes and Audis also are still selling well, because of it's prestige. Plus GM and VW setup local plants, but now their cars aren't selling nowhere as much, especially in the case of GM. So now, they're throwing their arms up. CATL, China's largest battery producer, was willing to setup plants in the US, thus creating jobs. However, there were constant red tapes to block them even before Biden came into office. So raising tariff on Chinese EV as a call for unfair practice? Since when did American and German car companies doesn't get government grants at all? I still remember when GM and Chrysler Corp was bailed out by the American and also Canadian government.
This is Tiktok all over again. China doesn't allow foreign EV battery makers to compete in China's local EV market; yet whines about the West's counter policies, such as the US IRA/EU's upcoming tariff. I mean I could partly understand why Facebook, Google, Instagram, etc.. are incompatible with China's oppressive authoritarian censorship rules, etc.. China's ban on foreign battery competition since 2016 is pure protectionism.
These people are idiots. First of all there is NO OVERCAPACITY !! Secondly it is not about 12000 vehicles it is about the demand for millions and the right of choice of American consumers.
At last, the west gets to experience what the rest of the world has been experiencing when it comes to their heavily subsidized agricultural produce that they have been dumping in our economies, and literally strangling local agricultural producers. The EU shd begin by removing its ridiculous agricultural subsidies before it begins jumping around making noise about Chinese EVs - which will inevitably annihilate European legacy car makers 😎😎
I have Audi A6 Avant and the handling is nowhere near my previous Toyota, Audi on the other hand is beautifully driven in any weather conditions(snow, rain, wind) I feel so much more secure in turns when there is heavy rain, and I love the amazing torque uphill, yeah! I have had some changes in parts but that happens with all cars eventually!
*BYD WON’T BE SUCCESSFUL* EV’s and hybrids will have a 30 cent per mile tax charged to them. Follow California politics. Ev’s don’t use gasoline which has a road usage tax included in it. So, the State is adding a tax to every mile you drive an EV. Bottom line: This means it will be 2.5 times more expensive to drive PER MILE compared to gasoline cars. Also, the charging cords at stations are being cut by copper scavengers. EV’s are known to self destruct so it can not be stored in a garage. Insurance for homes should go up if you own an EV due to likely fire hazard. Resale value is close to zero after 5 years. The battery will be un chargeable by then. Ford and Mercedes have stopped making EV’s for a reason. If Trump is elected, he will protect Detroit by placing a 100% tax on the BYD. It will cost $22,000. Who will fix the BYD in your hometown? Do you have to send it to Los Angeles? Go ahead, search for a repair station in your county.
Local governments only provide land concessions to new energy companies, which is no different from the United States and Germany. Local governments simply do not have the financial resources to subsidize EV companies.
The Chinese government does not subsidize EV companies, but only provides subsidies to consumers for purchasing cars. The data you collected is completely fake.
At one end these so called worlds leader saying we have to go to renewable energy and not spending money on it and at the second end if Chinese government giving subsidy to these companies so they are doing well why you are not giving your companies subsidies? Because you are giving big money to war 😂 shame
They didn't stop production in 1990. I bought a brand new MZ Saxon Tour 251 in 1995 and production of the 2 strokes continued for a few years after that.
It's only random suburbans and other people who don't even live in Paris that complain about the car reduction. Every Parisian I know loves it. Every street that cars have been removed from in Paris is a much more liveable street and area in general. Paris is a tiny city with amazing transport and rapidly improving bike paths. Literally no one needs to have cars.
@@liuyangyang BMW and Audi were forced to use Chinese made batteries by a local Chinese company, in this particular instance AESC in China since 2016. It's "so what" if China bans foreign battery makers, but "unfair" if we ban Chinese batteries. LOL
