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The Real Reason The U.S. Doesn’t Want Chinese EVs 

The Hustle
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Americans pay more for EVs than almost every other country in the world. This video delves into the lack of affordable electric vehicles (EVs) in the U.S., contrasts it with more economical options in countries like Mexico and Costa Rica, and explores historical protectionist measures that have shaped today's market.
Learn about global players like BYD and the challenges of competing in a market dominated by tariffs and trade policies, highlighting the broader consequences of such economic strategies.

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6 май 2024

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Комментарии : 1,4 тыс.   
@TheHustleChannel
@TheHustleChannel 9 дней назад
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@amandagrant4331
@amandagrant4331 29 дней назад
When US enterprises have the advantage, they will shout "Free trade is the most important thing". When US enterprises are at a disadvantage, they will complain that "national security is threatened"
@marvinfok65
@marvinfok65 28 дней назад
That is why US auto makers were no longer competitive as they were too spoiled for competition. As a matter of fact, the whole of all US industry become inefficient due to this.
@gregwang8628
@gregwang8628 26 дней назад
And over production 😂
@aznjchau
@aznjchau 26 дней назад
@@marvinfok65Please, Western automakers showed Chinese how to make cars. Now the Chinese govt is heavily subsidizing EV’s up and down the entire supply chain so they can take over the entire industry. Western govts are catching on now after they did this to solar and 5G networks using Huawei. Now educate yourself next time.
@ebonyharris2263
@ebonyharris2263 25 дней назад
@marvinfok65 what are talking about the US is best producer of hydrocarbons. Best maker of military equipment. Best maker of computer programs. Biggest companies in world are computer programs maker Microsoft, Meta , Alphabet ,Amazon
@menaseven9093
@menaseven9093 25 дней назад
true
@tomsawyer4857
@tomsawyer4857 Месяц назад
$16k gets you a golf cart in the US
@cosmoray9750
@cosmoray9750 29 дней назад
🤣 So true. 😂
@teoengchin
@teoengchin 29 дней назад
Pretty sure them golfcarts are made in China as well 😂
@mikhailmamontov2155
@mikhailmamontov2155 29 дней назад
Down-payment on $70000 truck!
@MrJustek
@MrJustek 28 дней назад
@@mikhailmamontov2155 I'd be shocked if those truck drivers actually managed to put 16k down for their trucks 😮
@danibj
@danibj 27 дней назад
A Nissan Versa with manual transmission is under 16k, and it saves you from the terrible Nissan CVT transmission .
@shw1965
@shw1965 29 дней назад
If I can not compete you, I ban you.
@mattmccrea
@mattmccrea 26 дней назад
You must be Chinese
@ericp4573
@ericp4573 25 дней назад
If it wasn’t for unions they would be able to compete 😂
@armybros8379
@armybros8379 25 дней назад
@@ericp4573Tesla has no unions and China does have unions
@garywillis8737
@garywillis8737 25 дней назад
This, is the America definition of ‘free trade’. 🤣🤣
@ifeoluwaadeoye6557
@ifeoluwaadeoye6557 25 дней назад
​@@ericp4573that's the dumbest thing I have read today
@tomthumb753
@tomthumb753 22 дня назад
Our Government is saving us from inexpensive cars. How noble of them.
@jeremytine
@jeremytine 14 дней назад
and factories with safety nets to stop the mass suicides ... but hey, if that it the world you want to live in... by all means move to CCP with a 12 hour day 6 days a week work schedule.
@user-lk7tf2qg3m
@user-lk7tf2qg3m 13 дней назад
​@@jeremytine XD, do you think car production is all hand-me-downs these days? welcome to the era of automation bro!
@jeremytine
@jeremytine 13 дней назад
@@user-lk7tf2qg3m i guess that is why BYD has 704k employees to produce 3 million cars in 2023, because robots do everything? While Volkswagen sold 10.9 million with 684k people. 😉
@leeway777
@leeway777 11 дней назад
​@@jeremytine@jeremytine 12 hours? Have you ever been to a Chinese car factory? It's 24/7 full automation.
@jeremytine
@jeremytine 11 дней назад
@@leeway777 and yet BYD employs 704,000 meatbots 🤔
@doingtime20
@doingtime20 28 дней назад
The USA loves free market as long as it wins, if it doesn't then it's protectionism all the way. Another example is when Toyota took over the USA, the country put tarrifs to japanese cars, but the funny thing is Toyota kept selling even with the price increase.
@zeusmultirotor8479
@zeusmultirotor8479 25 дней назад
Toyota ended up building large plans in US and Canada
@carkawalakhatulistiwa
@carkawalakhatulistiwa 24 дня назад
​​@@zeusmultirotor8479 but if make Toyota lost profit and sale to American company Which is not able to compete in terms of quality. In 1990 Japan's Minimum wages were higher than those of the United States but their cars were cheaper
@DJ_BROBOT
@DJ_BROBOT 24 дня назад
bull*hit. It's because China forced US car companies to partner with Chinese auto companies in order to sell there...then they ripped off the US manufacturer tech to build their own car companies. Now on the other end, they are going to get a tariff in order to sell here. It's Mano et Mano. If the Chinese dont like it, they dont have to sell here. It is what it is
@sauronthegreat5799
@sauronthegreat5799 23 дня назад
American car companies just increased their prices but people still bought the Japanese cars because they were superior.
@NeostormXLMAX
@NeostormXLMAX 23 дня назад
@@zeusmultirotor8479the usa forced them too, look at the plaza accord as well
@aaronparys1750
@aaronparys1750 Месяц назад
Yes .. But the real Background Player is the Oil Industry which would suffer majorly if the US had Cheap EV's
@earlvarner9479
@earlvarner9479 29 дней назад
Oil industry needs to go broke, so that evs can flourish.
@henrylicious
@henrylicious 25 дней назад
​@@earlvarner9479So you want to live on a cave? Interesting.
@glike2
@glike2 25 дней назад
Bingo, you got it.
@dieglhix
@dieglhix 25 дней назад
​@@earlvarner9479 how? planes and ships would need a different fuel anyways
@karimhabsi6508
@karimhabsi6508 25 дней назад
Buddy, every thing you touch, from the tooth brush to the tooth brushing paste tube to the switch on your room to the clothes you wear to the shoes you wear are all made from petroleum. Granted gasoline takes around 30% of oil consumption, the rest grows at fast pace, oil companies are here to stay.
@moose1485
@moose1485 27 дней назад
I saw a video that celebrated how Oakland schools have Electric buses. When I zoomed in on the buses, they had a BYD emblem! BYD is already in the USA.
@dice138
@dice138 25 дней назад
BYD does have factory(s) in US to make electric buses for US market for a while. Because big size vehicles have fewer restrictions and more relaxed regulations toward them in US. That's why you see pickup trucks are being made bigger and bigger nowadays.
@looppp
@looppp 15 дней назад
Woah didn't know this😮
@user-rr3gj4nf9o
@user-rr3gj4nf9o 6 дней назад
American auto makers where is our small affordable evs?.
@weizhang2834
@weizhang2834 4 дня назад
BYD bus factory already in Los Angeles for over 10 years, however the cars never existed in the USA
@moose1485
@moose1485 4 дня назад
@@weizhang2834 So why is the media brainwashing us into believing that BYD is not allowed in the USA? Polestar/Volvo are in the USA and is 100% Chinese company. They claim free market capitalism, and the moment China defeats them on the market, they turn into protectionists.
@kpeterrafael
@kpeterrafael 23 дня назад
Same story in Europe, if you can't compete with them, ban them.
@_seola_
@_seola_ 19 дней назад
Europe follow USA master orders, same with Canada, but worse, no a single Chinese car seen here, just sad.
@TV-us1ue
@TV-us1ue 9 дней назад
Exactely !
@Jeff-sm8of
@Jeff-sm8of 29 дней назад
If i were a yankee auto worker id be ashamed that i work in an industry that needs protection to survive.
@12time12
@12time12 29 дней назад
Does China have a protectionist economy? Can you import vehicles from North America?
@lucisleesion8824
@lucisleesion8824 29 дней назад
@@12time12 R u joking? Ford and GMs are everywhere in the China
@genome34
@genome34 29 дней назад
Gm ford and tesla all sell cars in China its one of their biggest markets
@jeremyheung6582
@jeremyheung6582 29 дней назад
@@12time12 Of course,but vehicles are still imported. Currently, the import tax rate for cars in China is 25%, planned to be reduced to 15%. There are many American cars in China, with most mainstream models manufactured domestically and a few high-end models imported. I recall that about one-third of GM's sales are in China
@andywu5879
@andywu5879 28 дней назад
@@12time12lol your ignorance made me laugh
@kdegraa
@kdegraa 23 дня назад
Chinese companies might be subsidies but aren’t Ford, GM and Chrysler subsidised too?
@kenho-wr5ul2rh7m
@kenho-wr5ul2rh7m 17 дней назад
our govt doesnt subsidize chinese EV companies, but subsidize consumers consumers get all sort of refund/convenience
@petardetar5191
@petardetar5191 17 дней назад
We want rules for them, but not for us :)
@heidegger71
@heidegger71 16 дней назад
no. They are not subsidized in the US.
@user-kf3zv8ps6q
@user-kf3zv8ps6q 13 дней назад
Our Chinese government subsidizes all electric vehicles, whether they are from the United States or Japan. The United States prohibits Chinese electric vehicles, let alone subsidies.
@ftu2021
@ftu2021 10 дней назад
@@kenho-wr5ul2rh7m yes American car makers are getting subsidized, Yellen even admitted it
@TPAsses
@TPAsses 28 дней назад
The best quote I saw regarding Chinese vs American EVs is: “Americans gentrified EVs, Chinese democratized them.” Says it all
@mrgee918
@mrgee918 21 день назад
Nailed it!
@rogerstarkey5390
@rogerstarkey5390 20 дней назад
I was going to say "optimised" But same difference.
@jalend9974
@jalend9974 20 дней назад
The Chinese monopolize them, that’s the difference.
@MusicArchon
@MusicArchon 19 дней назад
Average westoid logic ​@@jalend9974
@g_wylde
@g_wylde 17 дней назад
@@jalend9974 Pretty sure the point of the video is that America is trying to monopolise EVs in the US by forbidding fair competition from abroad. The Chinese have no such rules, they're just creating lots of competing EVs in their own country that happen to be far more affordable than what the US can make. No monopoly necessary when you have strong manufacturing. American must have forgotten about that after they offshored all their factories to Asia without expecting any consequences from that decision.
@garywillis8737
@garywillis8737 Месяц назад
The real reason why the USA doesn’t want Chinese EV, will be due to ‘national security reasons’. 😂😂
@12time12
@12time12 29 дней назад
Gotta love leftists who suddenly love Reagan “muh free trade” just because it’s China. Those of us on the left who hate free trade are at least consistent. PS - if China won’t allow cars made in the U.S. to enter, why do you suddenly require that the U.S. allow Chinese cars? Haha, hypocrite. 🤡
@wenerjy
@wenerjy 29 дней назад
"Folks, do you want Xi in your car with you 24/7" 🤣
@luting3
@luting3 29 дней назад
@@wenerjyI don’t mind if cars are cheap. I think Xu is too busy to care my daily business
@michaeltse6961
@michaeltse6961 29 дней назад
🎯💯👏👏👏👏
@peterlai9018
@peterlai9018 29 дней назад
@@wenerjy 😀Maybe you are an Onlyfans star 😀
@lucasworktv
@lucasworktv 29 дней назад
Free trade left the American chat
@liamporter1137
@liamporter1137 29 дней назад
Tariffs are just excuses for protectionism. In the long run, it will erode the competitiveness of US. At the same time, the people suffer as they are the one paying for the increased cost. A country that boasted free market but in actual fact, has always been doing the opposite.
@ALV694
@ALV694 27 дней назад
Always has been
@someuser7501
@someuser7501 24 дня назад
That's why China had a 100% tariff on car imports at one time and has since lowered it to 25%. Apparently it didn't hurt their competitiveness so your logic is flawed.
@user-li8cc9nk1h
@user-li8cc9nk1h 24 дня назад
@@someuser7501tariffs does work but it is a sign of weak local businesses. Back in the days when China is weak at automotive manufacturing they put tariffs at 100% and now much lowered. Tariffs just hurt the consumers and benefits the local manufacture.
@someuser7501
@someuser7501 24 дня назад
@user-li8cc9nk1h yes and right now the auto companies outside of China are weak when it comes to making EVs. Only Tesla is making a profit selling EVs while everybody else is so far behind they lose money on any EVs they sell.
@sauronthegreat5799
@sauronthegreat5799 23 дня назад
America is a big hypocrite.
@cool2180
@cool2180 Месяц назад
The government wants you pay top dollar for EV’s lol
@cosmoray9750
@cosmoray9750 29 дней назад
The government wants people to pay More ! Protectionism for the US auto makers. They want profits without innovations.
@LifeLongLearner-om8jx
@LifeLongLearner-om8jx 29 дней назад
Cars in general
@BlackDub21
@BlackDub21 28 дней назад
The government is owned by corporations
@ALV694
@ALV694 27 дней назад
Yet doesn't invest in public transportation
@Takudza
@Takudza 24 дня назад
@@ALV694that’s a feature not a flaw.
@onlyfacts3502
@onlyfacts3502 25 дней назад
Another big issue with the EV’s being produced in the U.S. is the focus on luxury rather than their actual purpose.
@bubba842
@bubba842 20 дней назад
It seems this is the route they are taking. Unfortunately, in the developing world people don't want $100,000 full size SUVs and pick up trucks. This is the same mistake they made in the 1970s. Japan was producing cheaper cars with things like ABS and traction control, while American brands were focused on luxury.
@onlyfacts3502
@onlyfacts3502 18 дней назад
@@bubba842 THIS!!! My thoughts exactly! American car manufacturers have learned absolutely nothing. You would think that after Japan dominated the 90’s they would’ve “got it together”, but it seems they continue making the same mistakes. Japan has been dominating for decades, because they give the people what they want.
@hi9580
@hi9580 3 дня назад
Basic or uncomfortable cars don't sell well in USA. Most buyers expect a decent amount of features and comfort even on a cheap car or commercial vehicle.
@mantapdjiwa9768
@mantapdjiwa9768 27 дней назад
long story short, american scared of competition
@raybod1775
@raybod1775 18 дней назад
CEO’s and wealthy are afraid of competition.
@bekicot88
@bekicot88 28 дней назад
US want their citizens buy expensive cars
@user-ml8tm5bi4e
@user-ml8tm5bi4e 27 дней назад
BYD sold 15,000 cars in 3 months in 🇧🇷, cars prices raging from USD 23, 100 to USD 46,000. BYD Song Plus (USD 46,000) ranked 1st on this list. If prices were lower, then the sales volume wouldbe even higher. I saw people tradeing in their Volvos, Land Rovers, BMWs, Jeeps etc for a BYD. All brands when compared to BYD cars seem truly outdated. Toyota is trying to sell Toyota Cross Hybrid (USD 29,000 in USA) for USD 43,000 in Sao Paulo. Luxury price for an outdated vehicle! No way, Jose! BYD has a plan to expand to 250 dealerships and be the 4th car brand in 🇧🇷. Wishing them great success!
@re4796
@re4796 24 дня назад
How is the Corolla Cross outdated?
@dwchen1
@dwchen1 23 дня назад
​@@re4796you might think Corolla Cross looks modern inside out, but when you compare it with the latest models of Chinese major EV brands then you see the difference.
@re4796
@re4796 23 дня назад
@@dwchen1 the difference being?
@hflx
@hflx 23 дня назад
​@@re4796corolla cross is not even a plug-in hybrid, look at Song plus, its another level. You can charge baterry and drive eletric mode for short routes that most people actually use cars for, the mileage is also far better compared and price is about the same. BYD is destroying the competition, even GWM another manufacturer is doing the same with H6 phev.
@hflx
@hflx 23 дня назад
​@@re4796corolla cross is not even a plug-in hybrid, look at Song plus, its another level. You can charge baterry and drive eletric mode for short routes that most people actually use cars for, the mileage is also far better compared and price is about the same. BYD is destroying the competition, even GWM another manufacturer is doing the same with H6 phev.
@Mixologist-fc4sc
@Mixologist-fc4sc 28 дней назад
Instead of building affordable, superior cars, US can only apply tariffs because they can't compete on performance and quality. American consumers lose.
@eddyr1041
@eddyr1041 24 дня назад
The wierd things is the science and tech come from advanced country like us.... yet now this happen.... One thing for sure race to the bottom ia bad forbhumanity😅
@traviskitteh
@traviskitteh 23 дня назад
And we also refused to build out our public transit systems, in some cases making it illegal to do so. Can't afford to drop $50,000-$70,000 on a new car? Then suffer.
@JoeRogan-fanpage
@JoeRogan-fanpage 23 дня назад
It's not about competion is about Chinese destroying your market and ask yourself this why Chinese bans American products but when you ban theirs they star saying you are afraid of competion
@liharry217
@liharry217 23 дня назад
@@JoeRogan-fanpageI don’t remember China banning iPhone, like how the US banned Huawei😅
@MashZ
@MashZ 20 дней назад
@@JoeRogan-fanpage Tesla, Ford, GM all sell their cars in China. Its their 2nd largest market
@JC-kl1sw
@JC-kl1sw 20 дней назад
Several factual errors in your video: 1. BYD no longer copy design with their EVs. They actually hired former designer from Audi and created unique designs 2. Battery production requires almost no labor, which plays no role in costs. Its about smart batter design and control of supply chain.
@_seola_
@_seola_ 19 дней назад
It's vertical integration, almost all parts are produce themselves, so, everything is more efficient, cheap, and faster to produce!
@cliffmartinez
@cliffmartinez 13 дней назад
And subsidies
@victorchen9170
@victorchen9170 10 дней назад
They even own their own lithium mines and cargo ships to save on transport and materials.
@Cruiser_Rao
@Cruiser_Rao 8 дней назад
Even at the end of his video, he doesn't get to the point.
@ViceCoin
@ViceCoin 28 дней назад
After global EV mandates, the US wiĺ become the land of classic gasoline vehicles, like Cuba.
@nenavasold4702
@nenavasold4702 27 дней назад
USA started to look like CUBA
@Takudza
@Takudza 24 дня назад
It will be so terrible when “they” force affordable clean and more reliable cars on everyone. Won’t anyone think of Saudi Aramco, British Petroleum, Royal Dutch Shell, Chevron and ExxonMobil? How are they going to keep making all that money from us 😢.
@hflx
@hflx 23 дня назад
The diferrence that Cuba is blocked by US while US is blocking itsels
@orionbetelgeuse1937
@orionbetelgeuse1937 16 дней назад
@@Takudza they have no problem selling oil, china buys all the available oil, if the us doesn't need it more left for china.
@AIMSHSMrKsHistory
@AIMSHSMrKsHistory 11 дней назад
Maybe in a timeline where Cash for Clunkers and the auto industry haven't already massacred the used market.
@prilep5
@prilep5 26 дней назад
2003 BYD starts making EVs GM destroys everyone of the EV1 cars - pure irony
@NopWorks
@NopWorks 20 дней назад
First, Tesla. Now, Chinese EVs. Two moments of GM regrets. They could've innovate & dominate, instead they went back to milking the old cow... and now that cow is dying.
@erickmarquez506
@erickmarquez506 23 дня назад
Actually, what you’ve witnessed in Mexico and the rest of Latin America with Chinese EVs mirrors a historical pattern similar to the rise of Japanese efficient cars in the 1950s and 1980s. By the time the United States opened up to Japanese cars, American manufacturers were crushed by Japanese dominance in the industry after decades of continuous improvement in the Latin American market. Unfortunately, this lack of a learning curve is what’s killing American-made cars. Japanese cars still dominate the market in LATAM and the US today. Now, Chinese EVs are gaining traction in Latin America, following a trajectory reminiscent of the Japanese cars’ success.
@ecoRfan
@ecoRfan 21 день назад
Same problem with American companies for planes and trains as with autos. Let alone so many “American” vehicles aren’t made in the USA, or are mostly made of imported parts. All year long it’s been constant bad news about Boeing. Meanwhile there isn’t a single American-based company producing passenger trains. The bad business model is a systemic failure.
@user-jt4fy4od9r
@user-jt4fy4od9r 18 дней назад
Probably worth nothing Japanese Car makers seem to have fallen into the same trap with regard to China. Toyota prefer to spend big money on peddling FUD and trying to convince everyone Hydrogen cars are the way to go. Yeah, that's never gonna happen. Why not just do what they will have to do anyway and build affordable EVs that don't need dealerships, servicing and will bankrupt the Petro Chemical Industry. Err....
@user-ml8tm5bi4e
@user-ml8tm5bi4e 17 дней назад
Actually, BYD is the brand that sells more EVs and Hybrid cars. The top-ranking hybrid plug-in car is BYD Song Plus @ USD 46,000.
@sa4769
@sa4769 21 день назад
Most politicians in the USA are old and don’t understand EV Tech
@kenw.4539
@kenw.4539 20 дней назад
US politicians are mostly lawyers in addition to being old. They only understand how to lie to us to get re-elected.
@MaximGhost
@MaximGhost 23 дня назад
Ha! Calling a Tesla an "affordable EV" is like calling an iPhone an "affordable smartphone"
@ruarika3112
@ruarika3112 2 дня назад
The irony that the new Apple update or iOS copies a lot of new features from Android which is way cheaper. 🤦🏻‍♂️🤣
@alexmckenna1171
@alexmckenna1171 29 дней назад
The car companies are squeezing as much juice out of that old orange as they can. The Chinese have planted an orange tree. Strategy.
@santiagocorrea388
@santiagocorrea388 25 дней назад
It's funny how I've seen a lot of people talking about "but the Chinese government subsidize EVs". People, what do you think the US government does hahahahaha? Ask Tesla how much subsidies has received in the last 10 years hahahaha.
@winfredcoorengel7203
@winfredcoorengel7203 Месяц назад
Fact ! USA's power grid can't handle increased demand of electricity due to decades off neglect and lack off investments
@aaronparys1750
@aaronparys1750 Месяц назад
Not really Most EV drivers Charge at Night when Demand is low and so is the Price.. And studies have shown that it wouldn't take that long to upgrade or add extra capacity
@winfredcoorengel7203
@winfredcoorengel7203 29 дней назад
@aaronparys1750 Studies ? By the same people who studied war against Russia, China. How well are these going ? Snow storms blackouts heat waves blackouts we really can go on and on. Well keep on believing while our infrastructure is crumbling all around us 👍
@pill5384
@pill5384 28 дней назад
Most EV charging stations are powered by fossil fuels (Coal, oil, and natural gas) It's not about the power grid and electricity demands. The U.S power grid could easily handle the latest addition of all these new e-appliances, skyscrapers, single family homes, casinos, mega-factories, and military technologies but all of sudden it won't be able to handle EV infrastructure? If that was the case then why would the U.S be pushing EVs? The only obstacle to this are Big-Oil lobbies and the loss of profit transitioning from Gas to Electric.
@beanapprentice1687
@beanapprentice1687 24 дня назад
Alright then. Let’s remove some of the immense tax breaks from the oil industry and use that tax money to build out the grid.
@someuser7501
@someuser7501 24 дня назад
You mean if we swapped out 100% of our vehicles for EVs tomorrow. But neither can Brazil's or China's either.
@nicelol5241
@nicelol5241 22 дня назад
I remembered that Americans even burned Toyotas
@velcapitan
@velcapitan 28 дней назад
The next 20+ years will be very humbling for US citizens.
@ALV694
@ALV694 27 дней назад
Humble doesn't exist in American dictionary
@davidgmaloof
@davidgmaloof 25 дней назад
@@ALV694 Agreed - the US isn't going to be humbled.
@torelloBank
@torelloBank 25 дней назад
@@ALV694 not yet....
@the80386
@the80386 23 дня назад
@@ALV694 it will be included, wait and watch. USA will eat humble pies.
@canto_v12
@canto_v12 22 дня назад
Americans would rather bury their heads in the sand than eat humble pie. We are raised to think that we are the only country that matters.
@rtzx12570
@rtzx12570 27 дней назад
Amazing that everyone still claims that Chinese cars are getting subsidies without specifying any by name. Is it a early start tax holiday ( issued in all countries and state levels), subsidised utilities, parts, tax rates, labour subsidies? I lived and worked in PRC in a JV and know that if they are there they have specific names and rules on applications. Yet no one mentions the general terms let alone the names of the subsidies. Sounds like myths and made up excuses to me rather than owning up to the fact that they are just cheaper to make.
@jnavarro7073
@jnavarro7073 27 дней назад
Seeing these young Americans knowing these about economy in general brings hope. Yall just have to get those all folks out of congress.
@justinchan9657
@justinchan9657 29 дней назад
The elephant in the room is the dominance of the EV supply chain and minerals by China.
@davidgmaloof
@davidgmaloof 25 дней назад
True. I'm not sure that handing the entire car industry over to China is in the USA's best interest.
@Takudza
@Takudza 24 дня назад
@@davidgmaloofso innovate. Make cheaper more affordable EVs rather the grotesque high margin gas guzzlers you Americans love so much.
@davidgmaloof
@davidgmaloof 24 дня назад
@@Takudza What’s wrong with big cars, and why would Americans care what anyone else thinks?
@Takudza
@Takudza 24 дня назад
@@davidgmaloof you are the one worrying about the Chinese taking over the car industry. They are doing it by producing higher quality at lower prices. The fact that the US has to resort to tariffs to protect an industry that’s refusing to innovate should worry you.
@skumancer
@skumancer 23 дня назад
The US (and most other producing nations) caused this to happen by outsourcing everything for cheap labor. In search of the bottom dollar, they ended up losing their manufacturing capacity and now they have nothing but tariffs. China meanwhile, used the opportunity to become a superpower.
@namelesswarrior4760
@namelesswarrior4760 Месяц назад
"It's insanity to keep doing the same thing over and over again. But expecting a different outcome!
@SuperKillroy1
@SuperKillroy1 Месяц назад
I agree, tariffs are poor choice
@12time12
@12time12 29 дней назад
“Muh free trade” is a worse choice.
@wenerjy
@wenerjy 29 дней назад
They won't do anything anyways, they'll just delay the inevitable unless the US autos actually innovate and rapidly catch up.
@pill5384
@pill5384 28 дней назад
​@@12time12 No, tarrifs are the worst choice. The only benefit would be to create more domestic jobs, increase revenue for domestic automotive companies/workers, and evolve our automotive industry. However, all these benefits become void if the U.S and these companies refuse to decently pay/hire more workers, innovate the automotive industry, and produce affordable EVs rather instead of solely expensive EVs that can only be purchased through leases with high interest rates. If they can't do that then people will simply stop buying cars and the industry will crash. Tarrifs are just passed onto the consumer and if there isn't decent domestic competition then tarrfifs just hurt the consumer especially if the economy is the way it is now.
@12time12
@12time12 28 дней назад
@@pill5384yes, I’m familiar with Laissez Faire economics. These companies aren’t just sitting on their hands, they are mobilizing to improve their vehicles. Future battery technology is being researched by all 26 National Labs, including the famed Los Alamos. We would be sitting pretty if the last guy in the White House didn’t install his oil industry minions who essentially halted research and sold off our battery patents to other nations. I’m not sorry, tariffs are a great choice to protect jobs when sound policy is used to bolster R&D. Environmentalists and globalization advocates may cry tears of green, but they’ll live. I’d also like to point out that our subsidies are paid on customer delivery, China is paying out a subsidy upon completion of the vehicle at OEM. This encourages dumping. I have no problem with China setting up manufacturing that meets USMCA regulations in the USA, I would even buy one. Their favorite phrase is “win-win cooperation”, that doesn’t mean China wins twice. 🙂
@ericvas5952
@ericvas5952 28 дней назад
What people are missing here is this doesn’t only apply to EVs, the Chinese own Latin America and the Caribbean for ICE vehicles also. I was on vacation not long ago, the streets were flooded with vehicles under 19k. The last time I was able to purchase a 19k vehicle was a Hyundai in 2020 for my brother I believe. US manufacturer have to figure out ways to lower cost
@xenomorph9114
@xenomorph9114 23 дня назад
If it's the quality that they are worrying about, realize most of the American cars were made from Mexico. Worse than chinese
@traviskitteh
@traviskitteh 23 дня назад
Or, and I know it's a crazy idea, build out a robust public transit system such that you don't need to drop $20,000 just to participate in greater society.
@sapitron
@sapitron 22 дня назад
@@traviskitteh wait until you see the invasion of chinese ultra cheap electric passenger aerial vehicles
@petardetar5191
@petardetar5191 17 дней назад
They can build cars for less than 19K but they do not want to ! They like high profit instead and less units (less labor cost) instead less profit and higher production (more workers to pay)
@ericn3221
@ericn3221 10 дней назад
Unions will make sure that doesn't happen.
@Andy-ik9ti
@Andy-ik9ti 29 дней назад
Business owners are owning the country.
@arminius6506
@arminius6506 Месяц назад
Nissan has licensed the technology of B class Chinese EV company & put a Nissan badge on them and selling them as Nissan in China
@NeostormXLMAX
@NeostormXLMAX 23 дня назад
China should try to promote their own name brands instead of using partnerships to boost other peoples brands😅, otherwise the posers could pretend its theirs
@KimoonTsong
@KimoonTsong 21 день назад
​@@NeostormXLMAX There is a lot of stigma against Chinese brands, which is why they use this strategy.
@saibtsheb5590
@saibtsheb5590 28 дней назад
The legacy automakers in the US and Japan are unwilling to innovate because ICE maintenance is where all the money in automotive is. Tariff only gives them borrowed time. So does spending millions to change the minds of the people into hybrids. We live in interesting times as we watch the power struggle that will change the automotive landscapes unfold before our very eyes.
@Takudza
@Takudza 24 дня назад
Exactly. The low maintenance of EVs is what attracts me most. There’s always something that needs getting fixed on my Honda Accord.
@supa3ek
@supa3ek 20 дней назад
Hybrids are another stalling tactic that will fail. Either go full ev and compete, or dont and slowly fade into nothing. Tariffs only affect the american consumer, but also gets the votes for the politicians !
@lingth
@lingth 28 дней назад
It's funny how Americans are okay with the govt restricting them from affordable options to protect American car makers. Next time they might say you can't eat Chinese foods for example a Chinese fastfood outlet cos it's cheaper than American food outlets..
@RacerX1971
@RacerX1971 27 дней назад
No, next time China will say you can't eat egg rolls from the USA because they use real meat😂😂😂😂
@patropata6621
@patropata6621 26 дней назад
@@RacerX1971 Only one country sanctions when they can't compete...and it ain't China....
@mylotic9709
@mylotic9709 25 дней назад
I would say the difference is that other “Chinese” options like food employ US workers and are made here. Chinese automakers are trying to import their cars without bringing jobs here. I’m sure if they manufactured them here rather than in sweatshops their prices would be nowhere near as low. Maybe still lower, but then at that rate it’s like the video said they would much rather just export to the rest of the world’s economies.
@NissocoMC
@NissocoMC 25 дней назад
@@RacerX1971 this is extremely racist and sinophobic
@RacerX1971
@RacerX1971 25 дней назад
@@NissocoMC , go on youtube and see them making fake meat, fake rice, fake etc..they even paint their pigs black so that they could sell it for more. Btw, I'm part Chinese.
@kalebdaark100
@kalebdaark100 23 дня назад
The best thing about capitalism for the world is competition. It drives innovation, cuts costs and life gets better for lots of people. The worst thing about capitalism for the capitalists is competition. It means hard work and less profit for the capitalist.
@alejandromayoralramirez9215
@alejandromayoralramirez9215 29 дней назад
all economic power subsidies the markets they select to be strategic, Tesla is strongly subsidy, Germany subsidies the car industry, the heavy industry, chemical, the tech ones, etc etc, the us subsidy aeronautical, automotive, data, tech etc etc France subsidy alot too, japan, korea, i mean come on only china do it?
@MorbidEel
@MorbidEel 25 дней назад
Well you see if I am not mistaken China was paying the manufacturer a certain amount for each car sold while the US is offering tax credits to the buyer. Functionally it is a government subsidy either way but the US gets to claim it isn't subsidizng because the money isn't going directly to the manufacturer. Things can also get murkier as mentioned in a video by Mentor Pilot. The government funds NASA and NASA has a joint project with Boeing. Similar thing with Airbus. Who is or isn't subsidized? Increasingly it just seems like China is terrible at hiding these sort of things and having plausible deniability. I guess they are still learning.
@petardetar5191
@petardetar5191 17 дней назад
​@@MorbidEel American "car companies" got $25 B$ stimulus to develop EVs. ( It was direct subsidizng from us Government) And what happened to that money? They buy back stocks and gave the money to the share holders. They have not used the money to develop EVs. China gave 3.6 B$ to BYD and they made better EV than Tesla :) So 25 B$ over 3.6 B$ (or maybe 10B $ for all the Chinese companies, but still far less than US) Know your Facts !
@MorbidEel
@MorbidEel 17 дней назад
@@petardetar5191 Didn't know about that. I think Verizon did a similar thing for rolling out fiber internet. Although they at least made a show of trying to do it.
@joem0088
@joem0088 27 дней назад
China's eV dominance was achieved by hard work and long planning. Not handed by the US.
@johnnyy1186
@johnnyy1186 27 дней назад
finally someone talking with sense
@AusDemSchneider
@AusDemSchneider 22 дня назад
Aided by massive subsidies and cheap labor costs etc
@AusDemSchneider
@AusDemSchneider 22 дня назад
Also stealing tech with espionage and legally hiring up car managers
@hitthedeck4115
@hitthedeck4115 21 день назад
@@AusDemSchneider China doesn't need to steal tech when Tesla doesn't patent their inventions and Tesla has a Gigafactory in Shanghai.
@martalli
@martalli 21 день назад
​@@AusDemSchneiderAmerica was giving subsidies too, but apparently not in a way that would actually grow an EV industry. Perhaps the oil companies have too much influence in the US, compared to China
@jackeydu108
@jackeydu108 20 дней назад
The United States also has huge subsidies for American car companies, far higher than China's subsidies as far as I know, but American car companies do not use them for R&D and innovation or subsidies for workers, but they give them to management and shareholders.
@FreedomTalkMedia
@FreedomTalkMedia 24 дня назад
It isn't it that the "US" doesn't want them. The US people very much want to not have to pay 40 grand for a car. It's only certain powerful people who don't want them.
@chengavitch10
@chengavitch10 28 дней назад
100% tariff on EV from China and subsidies of domestic manufacturers may produce expensive EV in U.S. It may be the end of US auto makers as a global player.
@JogBird
@JogBird 16 часов назад
theyve pulled out of europe and will soon pull out of china.. its a longtime coimg
@georgejesson1944
@georgejesson1944 20 дней назад
Tariffs on cars that aren't even for sale in the US......🤔
@dearcoolz
@dearcoolz 7 дней назад
That tells you something,the u.s is scared to death
@Mr300zx90
@Mr300zx90 Месяц назад
great job young man
@rider2731
@rider2731 22 дня назад
BYD did not copy Tesla's design. BYD has its own design department. The chief designer of BYD's electric vehicles (EVs) is Wolfgang Egger. He has been with BYD since 2017, leading their design efforts and creating their design identity. Egger previously worked for prestigious brands such as Alfa Romeo, Audi, and Lamborghini, bringing a wealth of experience to BYD's design team​. Please check your facts before your broadcast.
@demomano9915
@demomano9915 15 дней назад
We make up our own facts, thank you!
@787UrbanApparel
@787UrbanApparel 28 дней назад
In 2016 I bought a use Mitsibishi IMiev 2012 in Orlando Fl for $7,500 ... and still is my main drive car today . It only had 1,800 miles driven at the time .
@burningknuckle26
@burningknuckle26 27 дней назад
I need a Chinese EV badly here in the States
@davidgmaloof
@davidgmaloof 25 дней назад
Why? Americans are not in love with EVs.
@CaboVerdeSalKiteSurf
@CaboVerdeSalKiteSurf 24 дня назад
Now the American governement can say: see, EV’s are not that cheap, better stick to the classic American ICE car…😮😢
@SimonSeow
@SimonSeow 12 дней назад
US also subsidised Detroit, but GM used the money to push up their stock price and pay shareholders.
@audiofrik
@audiofrik Месяц назад
Excellent informative video. Thanks.
@willeisinga2089
@willeisinga2089 28 дней назад
US wants back to Horses and Carts Grass and Hay. For National Security Issues.
@ChimaChindaDev
@ChimaChindaDev 23 дня назад
Chinese brands like NIO, Xpeng and BYD would end American EV companies.
@hack45993
@hack45993 13 дней назад
USA just cannot compete with the superiority of Chinese market. They are completely outmatched and outclassed, and are now trying their hardest to keep them out. As a result the US consumer is suffering.
@NinoPanino
@NinoPanino 24 дня назад
The Yuan Plus/ Atto 3 is not a Tesla model Y competitor. Its a smaller segment car than the tesla. The Byd sealion competes with the model Y.
@sibusisotshabalala3662
@sibusisotshabalala3662 Месяц назад
Now imagine china's retaliation 🤣🤣America businesses needs Chinese market Tesla earns 1/4 that's 21 billion of its profit from China 😢protectionisim won't work what happened to free market 🤣
@toltecatl4u
@toltecatl4u Месяц назад
America is a continent
@12time12
@12time12 29 дней назад
Free market ended in 2012 when NASA had their entire research archives stolen.
@amols101
@amols101 28 дней назад
Tesla's entire profit last year including China, USA, Europe was 15 Billion, where did you get 21 Billion from?
@orangedeeler
@orangedeeler 27 дней назад
@@amols101he didnt say in what currency duh..are you sIow?
@No-yn7ry
@No-yn7ry 22 дня назад
@@orangedeelerbut the audience is mostly Americans and the company in question are American, are you slow?
@user-in9yx7mf8d
@user-in9yx7mf8d 29 дней назад
Tariffs are like damming a river with sand
@kenho-wr5ul2rh7m
@kenho-wr5ul2rh7m 17 дней назад
the fall of chinese Ming and Qing dynasties, and the Japanese medieval era, the american Great Depression and the starting of outsourcing jobs in America are all because of protectionism and tariff chinese govt knows how bad protectionism is, so as to keep market open as much as possible
@kenho-wr5ul2rh7m
@kenho-wr5ul2rh7m 17 дней назад
something the west never know, in the past 2000 years, the nations and races around China always launched trade wars against China and these nations basically disappeared in history shortly after they launched trade war against China China only lost trade war once in last 2000 years....
@kenho-wr5ul2rh7m
@kenho-wr5ul2rh7m 17 дней назад
and the last thing is China is seeking win-win cooperation with other countries Chinese EVs or companies cooperate with many foreign companies so many foreign companies are benefiting when US banned chinese products, they are blocking these non chinese, non american companies too this gives the world a very bad signal/ impression of US in so many levels
@Issavibe3
@Issavibe3 24 дня назад
BYD are way cooler and better built than a Tesla , you just used and older family SUV for comparison 😂
@WilliamFang173
@WilliamFang173 24 дня назад
"Michigan is an important swing state". Yup, you hit the most crucial consideration.
@DuaneL1961
@DuaneL1961 28 дней назад
Finally, an honest assessment. I mostly see propaganda on both sides of the EV debate. Many have strong opinions with little to no information. I applaud you, sir…
@coolunusual
@coolunusual 22 дня назад
The issue is that China literally perpetuates propaganda. So even this unbiased take giving them their due, is still based on propaganda
@DUDIDUAN
@DUDIDUAN 28 дней назад
if this is thr path forward, in the future, the rest of the world will enjoy cheap solar electricity and affordable luxury EVs. The GDP of the US will remain high in terms of US dollars, but living standard might be comparable to third world country.
@ashbohgan2022
@ashbohgan2022 29 дней назад
The rest reason is the bank will lose out on charging consumers high interest rates.
@ctbt1832
@ctbt1832 27 дней назад
The Chevy bolt EV was never $26,500. It was always more than that. The US EV vehicles are extremely expensive.
@NooneStaar
@NooneStaar 23 дня назад
You mention at 7:40 the issue with USA Auto, It's not luxury and it's not affordable. Personally this is why I think they went the route of utility. Almost all automakers in the USA have pivoted towards trucks and SUV's. They can't advertise on luxury, because European cars exist for comfort and sport, and for affordability there's Asian manufacturing. Want a truck though? The USA has you covered, the same with an SUV, because you'll definitely, eventually, one day need to move a couch.
@vincentlu36
@vincentlu36 28 дней назад
US government doesn't want but uncle Sam never asks if people here whether they want or not. We can't neither vote nor even have the options. Whether i want to buy is one thing... Choices in the market is another thing
@FreedomTalkMedia
@FreedomTalkMedia 24 дня назад
Theoretically we vote for Congress and the president but they don't ask us what we want.
@menaseven9093
@menaseven9093 25 дней назад
Nice video,now I have to find a way to go to Mexico and Costa Rica to buy a cheap EV and bring it back to the USA.
@gratefuldeadly7899
@gratefuldeadly7899 14 дней назад
nothing wrong about protecting your own industry.
@liamporter1137
@liamporter1137 29 дней назад
Well said👍👍.
@carlsmith5545
@carlsmith5545 Месяц назад
And they're all small tiny little cars. I like a large full size luxury automobile which tesla dosent even make. With over 7,000 miles of traveling i do every year i need a car with range, not available in an EV. But, if the Chinese made Zeekr EV was available in the United States of America, i would have one sitting in my driveway right now. 15 minutes of charging for a range of 641 miles which supersedes my 570 miles of range i get with my Jaguar XJL. But like highspeed bullet train technology which is also, (fully electric), these high range EVs are not available in the United States of America. American EVs need improvements. Till then I'll keep my jaguar and it's 570 miles of range and leave well enough alone....
@canalesjuan356
@canalesjuan356 Месяц назад
There are multiple options. Yangwang U8, Huawei M9, Lixiang L9. etc etc
@autoselectricos-americalat9276
@autoselectricos-americalat9276 Месяц назад
You are in a very tiny minority and niche market. Most people live in urban large cities and they don't travel more than 50 kms per day.
@verypleasantguy
@verypleasantguy Месяц назад
@@canalesjuan356 By next year, EVs with the range of 2000+ KM per refuel, will come to the market Not even gasoline cars have that kind of range !
@carlsmith5545
@carlsmith5545 29 дней назад
@@verypleasantguy And that is when i will buy one. But right now, when it comes to range, the American EVs are inferior. Sorry to say but long range is reserved for gas cars only.... hopefully for now.
@carlsmith5545
@carlsmith5545 20 дней назад
@@verypleasantguy Great!! Now that's what im talkin about!! This is what im waiting for. Till that day, im going to leave well enough alone...
@raylee5030
@raylee5030 7 дней назад
Years ago, when Japanese and Korean steels flooded our market, the media somehow portrayed the mills with tons of cheap labor. I visited the Kobe Steel in Japan and Pohan Steel in Korea. The Kobe Steel was an older steel mill and was not as modernized as the Korean. The Korean plant was fully automated and had less than 10 operators. In comparison, an Ohio steel plant for remilling steel plate, about 1/4 the capacity of the Korean plant had over 300 workers. The Ohio plant is now defunct as it did not modernized. Many Chinese auto-manufacturers are operating on dark -modes. No employees, just robots, and lights are not needed.
@a55tech
@a55tech 12 дней назад
don’t think the Bolt was discontinued. News just says it stopped production to retool for the next Bolt
@essaundiema5745
@essaundiema5745 23 дня назад
Same thing they did to Huawei just because US companies were badly lagging behind in 5G technology at the time.
@jding1573
@jding1573 29 дней назад
You didn't point the important factors that 1. Chinese has better technology. 2. the Chinese workers are 50% or even 100% more productivity than US workers, 3. Chinese government systems are far efficient than USA, maybe another 50% better in general. 4. China manufacturers' CEOs make much less than US auto CEOs, maybe only 5% of salaries of GM CEO . 5. China market is 3 times bigger than USA
@davidz7858
@davidz7858 29 дней назад
Yes, Tesla sent several hundreds Chinese workers to their Texas manufacture to teach American workers to increase productivity. US workers become lazy with high demands.
@user-ei1ct4gn7s
@user-ei1ct4gn7s 29 дней назад
Better technology ... have you seen the number of EV blowing up in China, rear axles falling off due to lousy components, etc. , etc.
@ebonyharris2263
@ebonyharris2263 28 дней назад
​@@user-ei1ct4gn7s lol and don't spend on R&D because they steal everything
@directxxxx71
@directxxxx71 27 дней назад
​@@user-ei1ct4gn7s Have you ever been to China? Don't act like a BBC CNN fed 🤡
@davidgmaloof
@davidgmaloof 25 дней назад
I don't think Chinese workers are more efficient than Americans at all. At least the company I worked for, we moved all Chinese HVAC production (Midea Industries) to our US factories from 2014 to 2018. Best decision ever, especially after how China bungled COVID in 2020. Our US competitors still made their products in China and Mexico and were decimated by supply chain issues during Covid. We kept on building in the US and grabbed market share and created thousands of new US jobs. De-risking China can be done!
@peng7712
@peng7712 25 дней назад
I hope I could make a video like this one day. I like how you confidently telling a story. Great video!
@ozymandias8523
@ozymandias8523 22 дня назад
Excellent video, everything to the point and well explained.
@johnnyq4260
@johnnyq4260 29 дней назад
Teslas are anything but cool. Almost the same look. BOORRRIIIG.
@juniorjones8609
@juniorjones8609 28 дней назад
The US does not have the resources and the tech to compete on a level playing field with EV’s.
@HablaCarnage63
@HablaCarnage63 20 дней назад
Tesla is an American company competing directly with Chinese companies in China.
@jaaklucas1329
@jaaklucas1329 20 дней назад
Tesla even open sourced their patents years ago to kickstart the American auto industry. Still way behind ...
@jasonfuller1556
@jasonfuller1556 15 дней назад
Subsidies are the reason the production cost are so low
@johnnyonline
@johnnyonline 18 дней назад
Your final point was really interesting. As an Australian I have a similar access to cars as much of the world, Asian cars for something cheap and Euro cars for something luxurious but I have no desire for any new American cars.
@arj1165
@arj1165 27 дней назад
When you have to pay $18 an hour , how in the world can you manage to price your cars lower than cars from china. Check the average median salary for a worker from china and compare it to a worker in a US factory.
@sennaha
@sennaha 26 дней назад
Many other factors besides wages.
@davidgmaloof
@davidgmaloof 25 дней назад
US auto workers make a lot more than $18/hour.
@YSKWatch
@YSKWatch 23 дня назад
you should also know the living cost in china. all basic need, education, and transportation are cheap.
@rongendron8705
@rongendron8705 23 дня назад
Where did you get the $18.00 an hour figure? Nobody would do that job for that money! Maybe $30.00! Even that is only $1,200. a week!
@liharry217
@liharry217 23 дня назад
And the fact is the 5$ an hour Chinese workers are making probably has more purchasing power than 18$ an hour American workers are getting.
@raymonddon8875
@raymonddon8875 25 дней назад
nissan changed their name to datsun, just in case it didnt do well in usa... they didnt want to tarnish the nissan brand.
@lucasworktv
@lucasworktv 29 дней назад
Well explained, thx!
@live1030
@live1030 17 дней назад
Hey, I'm from Michigan! Informative video, well done.
@yeetian2774
@yeetian2774 27 дней назад
1. Chinese labors are not cheap. Average income is $13000 per person annually. Auto workers are between $20000-24000. 2. China stopped all kinds of subsidies in 2022.
@davidgmaloof
@davidgmaloof 25 дней назад
Those incomes are very, very cheap by US standards.
@yeetian2774
@yeetian2774 25 дней назад
@@davidgmaloof still much higher than Indians or Vietnamese. So US should prevent the influx of Indian and Vietnamese cars
@NissocoMC
@NissocoMC 25 дней назад
@@yeetian2774 why are you attacking india? We are also a developing country that has suffered just like China, but you and people from China treat us like enemies and savages. Shame on you for preaching about protecting the developing world and then looking down on a developing country!
@MeowLo-tk3rm
@MeowLo-tk3rm 24 дня назад
The usa income is comparably higher because of the currency rates, and also due to its own economy. But it doesn’t have to be that high actually. So in fact American workers could had been more competitive if the policies are correct
@c0rnichon
@c0rnichon 24 дня назад
Things are being made in China because of the local expertise. There's an interesting video (from Vox or Cheddar) in which they explain that manufacturing phones in the US on a large scale is not possible because there isn't enough skilled workers and engineers.
@howardbong
@howardbong Месяц назад
Quid pro quo
@RuohongZhao
@RuohongZhao 11 дней назад
By the way. The cheap and affordable and economical gas cars are also banned. Those under $15K and over 80+MPG hybrids are also banned. So we need to pay over 50 per tank every 300 miles. Great.
@MrWuwho
@MrWuwho 25 дней назад
It is almost impossible to compete with China for any product in terms of cost at the moment. Their wages are at least 5 times lower and the work hours per worker are almost double (the 996 schedule) than that of the US. It is 10 times of human capital cost difference. Their purchasing power per dollar is almost much higher for parts and materials. All things combined, the US needs to be ridiculously much more innovative to offset the huge cost disadvantage, and most importantly on things that cannot be easily copied. The technology of budget EV is however not that high tech so I actually think tariff is almost the only solution now. Perhaps in the near future, robotics may be able to lower the cost substantially here.
@michaelebert9163
@michaelebert9163 24 дня назад
I've no first hand experience with BYD, but I do worry about the quality of the product. Hearing stories of their bad warranties, cheap metal, car fires, and earning the nickname "Burn your dreams" in China, makes me really wonder if they would hold up or even be able to meet the U.S. requirements to be sold here.
@canto_v12
@canto_v12 22 дня назад
They are now competitive in Europe. That means they perform as well as other cars in European safety testing. That doesn’t mean they will meet US standards, but that’s a business decision for them and not any technical shortcoming.
@briansiev15
@briansiev15 21 день назад
Don't worry, as far as i was informed these BYD cars are way superior in quality than American ones if not all of them.
@AutolineDetroit
@AutolineDetroit 25 дней назад
Keep in mind that Chinese automakers pay their workers $10,000 a year. That's $5 an hour. BYD wants to cut that to $5,000 a year. Not even robots work that cheap.
@mikenicolas671
@mikenicolas671 23 дня назад
In fact, Chinese auto workers earn between $20,000-$24,000 a year, and the source of the information is the Chinese network!
@ZgO_o
@ZgO_o 15 дней назад
Dont forget the same subsedies were given to Tesla too but their price never came down.
@BureaucracyWorld
@BureaucracyWorld 28 дней назад
You can't compete, you band it. 😂😂😂
@jessedavisson701
@jessedavisson701 25 дней назад
There is a massive difference between Chinese EVs entering the US market and Japanese cars entering the US car market back in the 80s. China devalues their currency to increase exports, which steals purchasing power from the citizens of China, and China engages in forced labor. Japan never had such issues. Japanese cars were simply better engineered. Competing with Japanese cars required US automakers to adopt the practices of their foreign competitors and to innovate at a higher level. To compete with China would require the US to adopt economic and labor practices that are similar to China. The average US citizen will not accept the dramatically lower purchasing power and forced labor practices that would be required to be competitive with Chinese cars.
@user-tt6il2up4o
@user-tt6il2up4o 24 дня назад
Nah. USA subsidies its industries all the time, how often have us airlens or car manufacturers gone bust, almost weekly. China is a capitalist state the USA is a soclaist state. China operates a free market the USA does not. Chinese cars are just better made, in far better factories due to investment. The Chinese c suite is not only interested in stock option prices unlike the USA. USA greed culture is destroying us manufacturing and nothing else. Take responsibility for your culture of greed and not investing. Look at Boeing as perhaps the best example of the us greed culture.
@RandomGuy-ghs
@RandomGuy-ghs 24 дня назад
So are you implying that the Chinese are forcing the Americans to print more money and harvest wealth using dollars from all over the world? How ironic😅
@petardetar5191
@petardetar5191 17 дней назад
Chinese workers have much more purchasing power for their money than US workers for $, know your Facts ! Listen this and try to understand, under is Link, copy-paste and learn : “The U.S. Economy Is A HOUSE OF CARDS!” - Says El Salvador’s President
@weekeechew3444
@weekeechew3444 Месяц назад
You sure it's not because of poor range and the fact it takes 7,8,9 hours to charge depending on the power outlet you're charging with?
@ZoomZoomMX3
@ZoomZoomMX3 Месяц назад
And the fact that they have the highest rates of catching fire. Chinese made equals garbage
@Goodfellow1234567
@Goodfellow1234567 Месяц назад
@@ZoomZoomMX3,It's obvious that you have never seen a Chinese EV, which is top quality, high-tech, offers way more features, and are far more superior than Detroit made cars, and it's cheaper. Using 1 or 2 examples to paint a bad image of millions of their cars won't help you.
@sibusisotshabalala3662
@sibusisotshabalala3662 Месяц назад
Tesla uses byd batteries on their cars because technological speaking they are way better 🤣🤣🤣😭💯
@mistermood4164
@mistermood4164 Месяц назад
it doesn't, if you using an EV charger is take 20-30 minutes if your using a 110v outlet your probably charging overnight anyway
@kamsunleong6648
@kamsunleong6648 Месяц назад
​@@ZoomZoomMX3 Cope. Biden wouldn't have imposed 100% tariff if they were garbage. They would be no threat to Detriot.
@MrTitaniumDioxide
@MrTitaniumDioxide 23 дня назад
Riiight...it costs $30,000+ to manufacture a smaller EV at a non-union US factory. A book-cooking if ever I saw one...
@bubba842
@bubba842 20 дней назад
Wages are the biggest % In this. Plus Chinese companies are not private companies on the stock exchange, meaning that they don't add to add a margin for shareholders.
@ocean694
@ocean694 24 дня назад
Thanks !!
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