Famous Chinese EV brand that went bankrupt is saved by American investors

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Famous Chinese EV brand that went bankrupt is saved by American investors
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17 май 2024

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Комментарии : 200

@FredPlanatia 15 дней назад

what does a 100% tax on chinese EVs in the US say about the U.S. automanufacturers? They are unable to compete and need the government to make a closed market? How will they compete globally if they can't handle the heat?

@larryc1616 15 дней назад

Kodak! Blockbuster! Here we come!

@aomurdock 15 дней назад

Hell speaking of government subsidies Ford is in partnership with SAIC, a CCP based company! Talk about socialism at its finest! Perhaps the US Government should partnership with Chinese automakers here in the US! After all is fair in love & war! NASA Motors perhaps?

@stvdmc2011 15 дней назад

US never able to compete with any product. The only time they can compete globally is when they have a monopoly or when the rest of the world was destroyed like after WW2.

@stevetodd7383 15 дней назад

See also the US steel industry for an example of where protectionist policies get you.

@greghelton4668 15 дней назад

That’s exactly what it means. If everything was equal, China has a labor cost advantage. Ford and GM need help but still may fail. Tesla should take advantage with a low cost model but Musk is a stubborn gambler.

@DK-ev9dg 15 дней назад

There is 1000 startups of EVs in China. Only cutting edge innovation survives.

@greghelton4668 15 дней назад

Not only. There is a low cost strategy as well.

@roddiechan 15 дней назад

I think it is a cover to " steal " Chinese technologies to catch up in EV industry😂😂

@aomurdock 15 дней назад

Turn around is fair play!

13 дней назад

100% agree look for them to want to move production to the US only to have it fail as the US and the American mentality is lagging behind the rest of the world

13 дней назад

@@aomurdocktrue if the U.S./Americans had the ability to make it work. Unfortunately the U.S. is already too far behind to catch. The U.S. is headed towards its US Titanic iceberg Debt that's going to undermine all its hopes of ever catching up or being competitive

@halburd1 11 дней назад

wrong china stole all their EV tech from tesla.

@asianamericanadvice6016 10 дней назад

Everyone stealing from Everyone.

@crasho1980 15 дней назад

This is patent play. The buy the company for the patent and tech that they hope to license/sell to US companies

@halburd1 11 дней назад

wrong china stole all their EV tech from tesla.

@dennisheller333 15 дней назад

I think that what happened to Hi Phi will eventually happen to Fisker. Maybe, the saving investment will be led by Henrik Fisker himself - but only after all dead cat bounces have been exhausted…

@ilollipop100 15 дней назад

Investors from America just got f*cked in the ass by their own government's subsidies. Classic.

@effingsix3825 15 дней назад

Import restrictions don’t apply to domestically produced EVs. So they’ll set up a manufacture or subcontract an automaker in the US. The cars have a gaudy look that Americans like, so my guess it would be a U.S. OEM that’s the arms-length corporate interest.

@zes7215 15 дней назад

wrrr

@paulb1951 15 дней назад

Ilollipop maybe engage your brain before commenting 🤪

@effingsix3825 15 дней назад

Just think if this, that the tech on the failed car company may be worth the buyout and the associated risk. The Cadillac Lyric is a comparable in ugliness.

@bradmagnuson6963 10 дней назад

No, they didn't

@nicolamastascusa8173 15 дней назад

Glad to hear it. HiPhi cars are such oddball futuristic vehicles and I love seeing them here in Beijing.

@AndrewLambert-wi8et 8 дней назад

THIS IS ONE OF THE REASONS I SAY 75 PERCENT OF THE CAR MANUFACTURES WONT GO BUST HENCE I DONT BELIEVE IN SONY SEBA PREDICTIONS OF 75 PERCENT GOING BUST. HE PROBABLY LOOKING AT CHINESE AUTOMAKER SITUATION.

@royjonzejr 15 дней назад

I'm glad. The cars had extremely cool designs

@menotyou1234 10 дней назад

cool designs..???

@user-mf1el3ui5o 15 дней назад

Top-notch team, big developments expected from Revux soon!

@ravencroftgraphics3d 14 дней назад

iAuto.... all those Apple car development employees got together and incorporated and trying again???

@sherwoodang58 14 дней назад

10% for the big guys should solve the export problem to usa

@effingsix3825 15 дней назад

The impetus would be acquiring a facility or manufacturing under subcontract in the U.S.

@reubencarter3004 15 дней назад

That is a good strategy: buy the bankrupt chinese EV company; get their patents, register them in the US, they close the chinese factory. Next relocate the factory to Vietnam or Mexico and rebrand the company as American.

@4r5tgrftgrtrftgrhbet 15 дней назад

America shouldn't even respect China's patents. They don't respect American ones. America should just allow their companies to copy anything China does. Why pay for them? China doesn't.

@jb5music 15 дней назад

Then... Sell the little $80,000 diamond plated gems for $120,000 to .5% of the population instead of 1% of the population. Now THAT will really put a dent in the bottleneck of electrification. 👍

@user-tb5uq7wc3f 15 дней назад

Literally you mean America is theft every thing they have are stole from other countries I get it

@roberthealey7238 15 дней назад

But won’t the patent applications be denied since the Chinese “acquired” the information from the west in the first place as part of their “advanced R&D” network?

@orionbetelgeuse1937 14 дней назад

what patents?

@Wiscotac 14 дней назад

Maybe the investors simply want the technology but don't want to restart the production line. Or, maybe this brand was going to be or was associated with the now dead so-called Apple car.

@2cartalkers 15 дней назад

Is Henrik Fisker involved?

@altgenesis 15 дней назад

people starving to death here in America and this is what the billionaire spend their money on

@JaceTran 15 дней назад

I have been in the US for 30 years I have not seen anybody starve to death. Here there are foodstamp, food banks...and the food is relatively cheap in supermarkets. Most people died on the streets because of drug overdose.

@dileepnagdileep1044 15 дней назад

Presale steal alert: Revux low price is a golden opportunity!

@johnwenzel2003 15 дней назад

Another one for the 'step back and see what happens' list.

@ultramega72 14 дней назад

I think they were turning a corner. I know the Z lookec really cool, but the suv they were going to release looked pretty mainstream.

@Priyagamer7294 15 дней назад

Progress impressed: Tracking Revux development with keen interest!

@christopherj2231 15 дней назад

First again...what a man.

@TheKkpop1 13 дней назад

It's not a subsidy but investment in US definition.

@vishalvs1 15 дней назад

Increased confidence: Just upped my holdings in promising Revux!

@stephenc6955 15 дней назад

*Hi-Five HiPhi* 🖐

@alhkcblack9617 15 дней назад

Smart move since US automakers are behind in EVs. Always thought hiphi was a technological tour de force but their cars were 🤮 looking. A case of just because you could doesn't mean you should in design.

@Atheistbatman 15 дней назад

The economy looks like The Lawrence Welk Show with all of the bubbles

@DW-op7ly 15 дней назад

With the crackdown in real estate The Chinese just have no where really viable to park their wealth these days Their Government is pushing them to invest in technology Where China already leads the world in 37 of 44 critical technologies of the future Or they have gold as a save haven investment

@johnfrancis4401 15 дней назад

My only surprise is that BYD didn’t swallow it. They look like good cars.

@godzillamothra5983 15 дней назад

BYD has the capability to develop one, why would it need to swallow it? The American investors decision actually made sense, they need the tech. It is a better investment than invest in Nikolai or Lucid. I suspect they are just buying this company for the tech, then bring the IP to the US company to produce EV in the US.

@cocoaiscool2709 15 дней назад

if they want a cyberpunk car brand they can just make one

@moss550 15 дней назад

BYD likes to have everything in house. Geely is the one that likes to buy up failing brands like collecting pokemon.

@YICHEN1949 15 дней назад

BYD have their own exotic brand YangWang.

@undisclosedthai 14 дней назад

My wild guess, HiPhi reminds me of Faraday Future. Edit: Faraday Futures also appears to be in financial trouble.

@luisnide 15 дней назад

Seems that the friends of the lawyers and some judges in Delaware are already investing in their own car company using money honestly earned that is not yet settled.

@arthurgadz646 14 дней назад

I always read carnews china too..

@stvybaby 10 дней назад

The consumer pays the import tax.

@jimthain8777 15 дней назад

Maybe this "I Auto" have manufacturing facilities (or can procure some) in North America? If so they could manufacture here, and sell here, as well as exporting to places like Europe, and even places like Ethiopia.

@simonpannett8810 15 дней назад

Very limited market for such high end cars??

@jimthain8777 13 дней назад

@@simonpannett8810 Yes, and no. Yes, only a relatively small percentage of the world population could even afford such vehicles, but, though the market is limited, IF the people who are in that market like the product it will sell well in their demographic. That would mean a lot of profit for the people building such a vehicle.

@mrmawson2438 15 дней назад

I don't have a bloody clue lol cheers mate

@JimmyOKennedy 14 дней назад

Their cars are simply too expensive to save them 🙂

@AgampReetpro 15 дней назад

Believing in vision: Revux continual learning sparks confidence!

@mrmawson2438 15 дней назад

I bet them investors were happy

@mikewallace8087 15 дней назад

That happens when you drink too much.

@DW-op7ly 15 дней назад

Happy to a point… bankrupt is bankrupt previous investors will get pennies on the dollar back if lucky

@2cartalkers 15 дней назад

Why didn't they save SAAB, OMG!

@undisclosedthai 14 дней назад

Some company saved SAAB, but failed again.

@user-sy4dx1hw8k 15 дней назад

Isn't that a good thing? Chinese EV market is extremely competitive. With 50 plus brands in it, of course, only the best of the best can survive. As a consumer, I hope we can have all brands here in our market. I want the best value for my hard earned dollars.

@julielulu1757 15 дней назад

HiPhi seems to be great, so why isn't it as well-known as Huawei and Xiaomi?

@Braunschtiz 15 дней назад

In fact it has been criticized several times as 'lack its own tech',compared to other brands;and the price is unaffordable (about 100k dollars)comared to its competitors.

@julielulu1757 15 дней назад

@@Braunschtiz thanks👍

@undisclosedthai 14 дней назад

Huawei and Xiaomi are already famous for their phones and their news (such as US banning Huawei). HiPhi sounds like a normal word hi-fi and not yet well-known.

@DLHS92 10 дней назад

It would still bankrupt. Only save it for few couple month

@MarsOzzie 14 дней назад

Grey import through Canada like Sandy Munro did

@user-cm3hu4ou6z 15 дней назад

Early birds catch the worm: Presale investment success with Revux!

@WANDERER0070 15 дней назад

Looks like hybrid 😊

@noorjannat6585 15 дней назад

Crypto world needs Revux: Its use case is groundbreaking!

@Aniketgorade9292 15 дней назад

Whitepaper revelation: RVX is the future of crypto according to Revux!

@RupeshKumar-tt5fb 15 дней назад

Bull run watchlist: DOT, VRA, SOL, and Revux RVX!

@ahwai82 15 дней назад

hiphi cars are just too weird even for me lol

@KingLutherQ 15 дней назад

It will go bankrupt anyway. And naive investors will be a little smarter afterwards.

@chriswilliams8607 15 дней назад

Even the not so good chinese EV companies are way ahead of western EV companies with exception of Tesla

@KingLutherQ 15 дней назад

@@chriswilliams8607 China went from more than 1000 OEMs in 2020 to just over 90 OEMs in 2024. They are high subsidized by the Chinese government, but none of them are profitable. The only HIGHLY profitable Chinese EV manufacturer is a foreign brand: Tesla. BYD is also considered profitable but they make most of their profit on their hybrids - very thin BYD profit or almost none in their EVs.

@halburd1 11 дней назад

@@chriswilliams8607 lies

@chriswilliams8607 8 дней назад

@@halburd1 No, you don't know what you are talking about. Lookup the current chinese EV exhibitions, and check whats going on.

@jeffbangkok 15 дней назад

Thailand has always had a 200% import tax. That's how they get the companies to build factory's in Thailand

@bubuneowoo6161 15 дней назад

That's why you only export rice and durians!

@Cakemake-123. 15 дней назад

@@bubuneowoo6161 best comment ever India is living in the same paradox unfortunately

@mikewallace8087 15 дней назад

@@bubuneowoo6161 the market for durian fruit is narrow , jackfruit is where the money is.

@larryc1616 15 дней назад

Thailand makes trikes and bikes

@Cakemake-123. 15 дней назад

@@larryc1616 and these trikes and bikes are not selling elsewhere that's the whole point

@cb250nighthawk3 15 дней назад

What? After 100% tariffs and this is happening?

@anotheryoutubechannel4809 15 дней назад

and they buy the most expensive selling car brand during a 'recession'. 😮

@MuaBanSieuXe-yb9gj 15 дней назад

Smart ev car

@WANDERER0070 15 дней назад

Investors know where future is bright ❤

@zes7215 15 дней назад

wrgg

@yulusleonard985 15 дней назад

Their problem is because they dont own any technology. Human Horizon also dont own any production facility.

@13thbiosphere 15 дней назад

Sounds like they're not a car company at all if they have no production facilities....the subsidiary of someone.... Some kind of licensing and leasing company

@yulusleonard985 15 дней назад

@@13thbiosphereAlmost like Xiaomi but at least Xiaomi own their tech, patents and giga press despite using someone else factory

@mikewallace8087 15 дней назад

@@yulusleonard985 The China government will evaluate their technology to determine if it is worth pilfering .

@kamsunleong6648 15 дней назад

@mikewallace8087 ??? Your comment don't make sense.

@yulusleonard985 15 дней назад

@@mikewallace8087 Its already Chinese company. Or you should go back to your Falun gong indoctrination channel.

@ashtaroth1975 15 дней назад

I think they can sell the in the US for 200k but that's not a Big market. Hope they don't sell them with chademo and sn adapter like they did in norway (as i saw in Bjorn nyland 's Channel)

@YICHEN1949 15 дней назад

Damn, I rather see it failure than took by American.😂

@jb5music 15 дней назад

Yeah they wanted to buy up this Chinese EV auto manufacturer and it's production operations so they could fly over there... and more accurately ascertain exactly how far "2 years ahead of" China's manufacturing advancement Tesla and American EV manufacturers were. It was all for your next headline "Tesla Light Years Ahead Of China In EV Tech"

@m1ccey 15 дней назад

Mercedes Benz saved Tesla in 2008.....

@tomdrewenskus8167 15 дней назад

Actually, MBenz bought 10% stake ($50M) in Tesla in 2009 during the financial crises. And they sold their stake in 2014 for $780M. Nice profit. But, it would be much much higher today if they had kept it. And Mercedes still does not know how to make EVs profitably.

@larryc1616 15 дней назад

No, Obama did

@DW-op7ly 15 дней назад

China saved Tesla in 2019 and then again just recently allowing Tesla to partner with Baidu who has had 4 million paid robotaxis rides up to Q3 of 2023 Tesla wasn’t profitable until they entered China got that production fixed and got that Chinese domestic market

@chillfluencer 15 дней назад

01:18 - as a German definitely buying as much as I need and want from China whenever possible.

@ynwht655 15 дней назад

the new american car made in china, stop believing expensive is better, sometimes, mostly not.

@Puntonghua 15 дней назад

🙏🏾🙏🏾🙏🏾

@SupaChinido 15 дней назад

Shop like a billionaire in temu😂😂😂

@cb250nighthawk3 15 дней назад

Heck, the cars are really beautiful. By far more beautiful and appealing than Tesla and BYD. 🎉

@chillfluencer 15 дней назад

...then buy one...

@cb250nighthawk3 15 дней назад

@@chillfluencer Cannot afford laaaa....

@KingLutherQ 15 дней назад

HiPhi's market is aimed at the ultra rich. That is a itsy bitsy market - a niche within a niche. And the ultra rich in the US and Europe would rather be dead than get caught riding a cheezy Chinese car named hi-five.

@fenrirgg 15 дней назад

If only they had named it by a fancy European surname they would be a success.

@apsmith1635 15 дней назад

Let them lose their money. I do not buy cars from people that supports Putin

@scottmcshannon6821 14 дней назад

this is really silly. 98% of chinese EV makers will fail, this company will fail, why are they throwing money away.

@mrmawson2438 15 дней назад

Afternoon mate

@KaiserHooray 13 дней назад

The Electric Clown: "I will close my channel, I swear, if Tesla is doing layoffs". Then, when Tesla officially did layoffs, the Electric Clown doctored his video and republished it.

@onesky8647 15 дней назад

Why can’t we all just get along? All these failing EV companies are negating what little environmental potential their cars could have brought to the market. I would love to see more cooperation between all continents instead of this wild west mentality where one group just enjoys watching the other group crash and burn. Instead of counting their billions, they should invest into our common future. What’s so difficult to understand?

@philipdamask2279 15 дней назад

Is your job at stake?

@DW-op7ly 15 дней назад

World got scared of the rise of China

@onesky8647 15 дней назад

@@philipdamask2279 What does that have to do with anything?

@uavr1286 13 дней назад

wonder whether they can ship the factory somewhere else to avoid the import taxes?

@zes7215 15 дней назад

wrg

@gbreslin6635 14 дней назад

Sounds like a hybrid, not a pure EV.

@richardstar88 15 дней назад

Wrong info 😂

@docsnider8926 15 дней назад

Famous for what?

@Daniel_S. 15 дней назад

That's funny, because the Saudis rescued a failed US car brand.😂

@larryc1616 15 дней назад

Lucid is halah 🇸🇦

@puppiepoppy 14 дней назад

Brought back to life but derailed by Biden. 😅

@Islamic_32659 15 дней назад

Promising roadmap ahead: Revux strategic vision unfolds!

@2TOKE69 14 дней назад

Neanderthals! USofA

@ztirffritz 10 дней назад

Their vehicle looks like the FF1 from Faraday Future

@RagnarinVa 15 дней назад

Take the technology and marry up with Tesla FSD and make it in North America and China - might have some upside.

@mikewallace8087 15 дней назад

That thought infringes on patent rights. Are you Chinese?

@neildolan7177 12 дней назад

You can see why no one wanted to buy them. They are in an overheated market where its almost impossible to survive.

@anglosaxonmike8325 13 дней назад

Nobody wants them, can't give them away.

@larzlarz1140 14 дней назад

Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha!

@complutense100 13 дней назад

Sell HiPhi to Philippines. Hahahaa

@gtrguyinaz 13 дней назад

Those investors will just lose money…. Chinese EVs are dead all over the world….

@kamingcloud2880 15 дней назад

Hi Phi built very good EVs . The USA Government just destroyed the USA INVESTORS business plans building good EVs in the USA. 🤔💔👎

@Ahda108 15 дней назад

They are here eat Cadalic s Lunch

@myphonyaccount 15 дней назад

I want to say something controversial. I don't want Chinese EVs to fail. But I don't want them in USA "for now" because the stupid american automakers are doomed by short term quarterly results and stock games and are not dying in a controlled demolition. Let's agree to a fee-bate (rocky mountain institute) transition to tiered/gradual tax AI and chinese EV tax to pay for unemployed US auto workers and slowly allow chinese EVs into the US market as GM and ford collapse shrivel and consolidate their remaining assets into a new company called "American Motors" that licences tesla tech onto different skins.