US and Europe accuse China of overproduction and dumping electric cars on global market

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The US and Europe have accused China of overproduction and dumping electric cars on the global market.
More than half of all new electric cars sold worldwide are from China and it can make them cheaper and faster than its competitors.
Europe is investigating putting tariffs on Chinese electric vehicles and the US have called them an 'existential threat' to America's auto industry.
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Опубликовано:

25 апр 2024

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Комментарии : 546

@jubnaa 11 дней назад

capitalist countries complaining about capitalism.

@Xcelcior6780 11 дней назад

😂😂😂so true

@pallascat1743 11 дней назад

Right? What happened to the idea of healthy capitalist competition? It's the premise we are told that makes capitalism so great.

@r1pperuk 11 дней назад

I know...that headline is so confusing lol.

@agathachristieblack5crypto467 10 дней назад

Exactly 😂😂😂😅

@burns281981 10 дней назад

At what point did zero product quality become the major driving part though? China made is a curse.

@yeetian2774 11 дней назад

When China was making shoes and socks the US and Europe never complained about “overproduction or dumping”

@niceguy76 9 дней назад

and underwears 😂😂

@rpatel0074able 9 дней назад

Exactly, that's my point also

@yeetian2774 9 дней назад

@@rpatel0074able they will say the same to India when India becomes a manufacturing powerhouse

@rpatel0074able 9 дней назад

nope- india is largest democratic government-mother of all democracy- no spying from India on usa not like china

@saidibrahim5931 8 дней назад

😂😂😂😂

@DannyChean 11 дней назад

0:36 "And companies in the west are worried they can't compete " - Why is this China's problem?

@kevint1160 10 дней назад

Because the shareholders won't be happy and C-suite won't get more obscene bonuses on top of their already obscene bonuses.

@Shrooms247 10 дней назад

Because it’s state-sponsored and co-ordinated, weaponising of the capitalism model. Also Xi has a huge personal stake in it. Subsidise, build cheap, flood overseas markets, destroy local competition. Rinse and repeat.

@Shrooms247 10 дней назад

State sponsored and conscious decision by CCP to flood overseas markets. Capitalism weaponised. Xi had huge personal stake in green tech too. This trend already seen in other industries.

@zacksmith5644 9 дней назад

@@Shrooms247 good No one cares If china can make better products . Let them.

@zacksmith5644 9 дней назад

@@Shrooms247 that's tesla subsidised Lockheed Martin bombs subsidised Entire wars subsidised by usa uk Europe We are happy to buy chinese products

@marduk3633 11 дней назад

western countries are afraid of competitive markets? its not democratic

@burns281981 10 дней назад

More so the cheap made China made products.

@neilnelson7603 10 дней назад

Their democracy needs to be re-evaluate

@burns281981 10 дней назад

@@neilnelson7603 please learn to speak English for the English website.

@ShadowPhoenixMaximus 10 дней назад

There is nothing competitive about the CCP. Cheap slave labour, stolen IP, heavily discounted export costs and more all lead to a predatory form of sales. For example Temu is designed to destroy small businesses in the West by flooding the market with extremely cheap goods that they have no hope of competing with. This isn't the early 2000's where the CCP could take advantage of the West, whilst painting them as the chief enemy to a domestic audience.

@user-sk2hc9lm9r 10 дней назад

They went from being 'democracies' to 'Plutocracies' where the Oligarchs rule ,decades ago. But they still pretend to be Democracies to keep the majority fooled.

@frankiedehockie 11 дней назад

As an economist, it’s a strange concept that each country should only produce what its market can consume. If that is the case, why do we have trade?

@lessdatesmoreonmyplates1457 10 дней назад

Because the entire system is rigged so that everything is overpriced for an eternity and everyone is in permanent debt.

@WalkOverHotCoal 10 дней назад

Not strange at all because China didn't follow the rules written by the US.

@DavidKnowles0 9 дней назад

China electric car production is still well below their fossil fuel cars yearly sales. So the idea they are over producing is nonsense.

@jeffjones114 9 дней назад

its just propaganda being spun by western news media influenced by expensive lobbyists

@ocanica3184 8 дней назад

Because it has nothing to do with economics but maintaining the interests of politicians and connected "capitalists".

@gingarrison104 10 дней назад

For sky news, a day without cursing China, is a day wasted

@vicoob9983 8 дней назад

😂😂😂lol

@Cosmicmiind 7 дней назад

Couldn’t agree more 👏👏🤣🤣🤣👍👍

@ulyssis 7 дней назад

Rupert Murdoch owns this news outlet.

@WorldSpaceRace 6 дней назад

Since a decade ago

@Mr11ESSE111 5 дней назад

they learn from Serpentza

@vandevonshuaibaliyakubu5268 10 дней назад

Anytime China is leading in something the western world starts going against them😂

@burns281981 10 дней назад

If the quality is China made, then ya it should be pointed out how garbage it is.

@sessy4088 10 дней назад

It called jealousy

@zacksmith5644 9 дней назад

@@burns281981 prove it

@jogana6909 9 дней назад

US ban Huawei, ban tiktok, ban DJI drones, ban chinese EVs, ban anything US can't compete with.

@elbahry3399 8 дней назад

Similar to Huawei... Similar to 5G... Similar to Tiktok...

@richardmarsden5610 10 дней назад

U.S. overproduction of debt and bonds is the biggest problem.

@ongsengfook 10 дней назад

China only exports less than 20% of their NEV. G7 and its allies export 70% of their cars. It's underperforming Gangster 7 group. Yet they labeled China as overcapacity.

@thinkingaloud5379 11 дней назад

When they had excess capacity and China was poor and struggling, did they slow down for China?

@agathachristieblack5crypto467 10 дней назад

Nope‼️🤣

@mal7916 10 дней назад

They did. US imposed lower import taxes to help China before Trump. But that's none of my business.

@neilnelson7603 10 дней назад

@@mal7916"trust me bro" sources don't work anymore, bro.

@ShadowPhoenixMaximus 10 дней назад

Is that why the CCP still masquerades as a "developing country" in order to secure millions annually from the WTO?

@zacksmith5644 9 дней назад

Nope @@mal7916

@litowsean9724 10 дней назад

At least they are producing cars instead of tanks, ammunitions...

@hugm4339 10 дней назад

Very disgusting accusation.

@ShadowPhoenixMaximus 10 дней назад

A very good accusation. The CCP has bargained on Western ignorance for too long.

@zacksmith5644 9 дней назад

@@ShadowPhoenixMaximus which country is named west Point it on the map I bought chinese ev byd seal btw I prefer quality

@zacksmith5644 9 дней назад

@@ShadowPhoenixMaximusdon't care If china makes better products. We ll buy them

@ShadowPhoenixMaximus 9 дней назад

@@zacksmith5644 The collective West. Ask your wumao little pink friends to find it, they whine so much about the West they should have no problem identifying it.

@craighillcoach 11 дней назад

They always use the word cheap to try and make it seem like it's trash! The real word is inexpensive!

@angec.4757 10 дней назад

Also 'affordable' or 'good value'

@IsaacTui 3 дня назад

Typical word play from propagandists

@AzharKhan-cy5kt 11 дней назад

why complain every time china china china .... just admit your incompetency .... change the word hypocrisy in your dictionaries and name it Euro-US

@kevint1160 10 дней назад

It is because American companies work for their shareholders. While Chinese companies do things that make the best profits and also the government direction.

@happymelon7129 10 дней назад

@@kevint1160 95B, Taxpayers have lost again, taxation without representation Persons in Congress should wear the logo of their sponsors like NASCAR drivers do.

@AzharKhan-cy5kt День назад

@happymelon7129 the main sponsor will be AIPAC and i bet most of the AIPAC members are investors or affiliated with military complex

@dengist8172 11 дней назад

That's probably true, but don't US and Europe literally do the same things in other industries?

@DARKGAMING-lg2qf День назад

They are over represented in the military killing industry

@fortunekamanga 10 дней назад

Capitalism at its finest

@BencerCourt123 7 дней назад

Hypocracy at its best

@walterdayrit675 День назад

And the sheer irony of capitalist countries complaining to a communist country for being an expert at capitalism. 😂😂😂

@josephkamau9741 10 дней назад

Eu and us are investing in wars while china is investing in production. What did they expect? They spent trillions on wars, sanctions then blame china😂😂😂

@mrakronyahoo 11 дней назад

If there was really dumping of EVs, why are EVs still so expensive here?

@JoeyBlogs007 11 дней назад

Cost of shipping transport and middle man importer profit margin.

@JoeyBlogs007 11 дней назад

Plus the law of demand Vs supply.

@barneymagee3285 11 дней назад

Because all the woke virtue signallers still buy them…..😂

@CattleFarmer667 11 дней назад

Why sell cheaper when there isnt much competition?

@JP-mg5hv 11 дней назад

Ora 03 on lease is cheapest EV in the market. Cheaper than a petrol 208

@geopoliticsfan 10 дней назад

I have no words for double standard western countries. 😊😊😊

@cyberpunk1234 10 дней назад

It wasn't long ago a 60 inch tv was 5000 dollars at Best Buy. And Sony priced themselves into oblivion. When Chrysler is asking over 50 grand for a Jeep, things need to come way down.

@byrne1916 10 дней назад

Seen a 60inch TV the other day for 600 euro... 50inch was 450... There wasn't even a sale and the shop is a rip off. First plasma tv in my country was 50,000euro 😅

@cyberpunk1234 10 дней назад

@byrne1916 Ironically the only mass produced electronic to really inflate is a flagship phone. Almost 2000 dollars for an s24 ultra in Canada, way more than a 50 inch tv, and more than most laptops. crazy expensive.

@byrne1916 10 дней назад

@@cyberpunk1234 they claim it's because of lack of chips and putting up the price "relieves demand 😂 There's a climate catastrophe too, but when China sells solar panels for 25% of the price, EU considers banning them. It's all a hustle man.

@bobdoe38 11 дней назад

Hey we don’t want that in the U.S. consumers are happy to pay for overpriced vehicles 😂😅

@lessdatesmoreonmyplates1457 10 дней назад

Exactly! Affordable and well build cars? NO THANKS! Give me that overpriced bare bones SUV with a 1.5l engine for $45.000 pls 🤩🤩

@happymelon7129 10 дней назад

😂CC commitment ? 29-3-2024, Biden’s $7.5 billion investment in EV charging has only produced 7 stations in two years. After two years, that program has only delivered seven open charging stations with a total of 38 spots where drivers can charge their vehicles, according to a spokesperson for the Federal Highway Administration. (The funding should be enough to build up to 20,000 charging spots or around 5,000 stations, according to analysis from the EV policy analyst group Atlas Public Policy.)

@Herodotus__ 11 дней назад

Isn't that what capitalism is all about!

@lessdatesmoreonmyplates1457 10 дней назад

That's what they feed to the sheeple. What it's really about is monopolies and total market domination.

@XTSu-sl1bb 10 дней назад

Communist China, that’s not forget that. When they’re strong, they will take what they want.

@sultanmswahilitv4864 10 дней назад

Pure jealous from US and Europe😂

@abhijithshivaswamy7962 9 дней назад

Isnt dumping "cheap green technology product" good for the world?

@Sash52 11 дней назад

😂😂😂what's wrong with competition. Good for end user.

@YinYangInvestor 10 дней назад

All of a sudden, it's not about climate change anymore :)

@earlvarner9479 10 дней назад

The funny thing is US and EU are protecting their low tech car brands.

@seanoduinn5638 10 дней назад

The big worry for Gemany is they can no longer overcharge for their cars anymore, if i was buying an EV id go out of my way to buy a Chinese one.... Hypocrites

@abc98127 11 дней назад

Eu and us focus on Israel and Ukraine and China is leading Global Business

@fpking7531 11 дней назад

borrow a quote here: % of the cars produced are exported. Germany: 75% South Korea: 70% Japan: 50% China: 15% U$ : China has overcapacity. Cars per thousand people (from Wiki) USA >900 Australia, France >700 Japan, Germany >600 Korea ~500 Malaysia, Brazil >400 Mexico, Russia >300 Thailand, Turkey ~270 --->> China ~238 U$ : China has overcapacity. Yellen should lecture them the $ printer has overcapacity.

@MUHAMMADHAMZA-jy1lu 10 дней назад

Well said. Quote borrowed.

@willeisinga2089 11 дней назад

Thank China for Affordable Electric Cars. Clean Air Blue Sky Health Better Life.

@Johntor8888 11 дней назад

new word: Unfair, IP theft, Now: overcapacity.... Next: ????

@lessdatesmoreonmyplates1457 10 дней назад

LOW QUALITY!!! Meanwhile the Chinese cars are up to par with European cars and in more cases now even out do them when it comes to quality lol...

@MUHAMMADHAMZA-jy1lu 10 дней назад

West has started panicking

@datianlongan5567 10 дней назад

I am hoping "overcapacity" & "intense competition" will eventually mean affordable automobiles (50% off current price) for average Americans

@kakilander3238 11 дней назад

Theres just no satisfying some countries wow. UK is pushing for EV's hard but theyre overpriced and Taxed heavily. The world pushes for more EV cars for cleaner energy: China: "Ok sure we'll work with that, make it as cheap as we can so everyone can access them" US and Europe: "Err no, only we should profit from this"

@charlenefrench5404 11 дней назад

It's going to tank their industry. Loss of jobs etc. 😮

@BabaYaga826 10 дней назад

Today, car no longer for Elite only. Now everyone can afford to own an EV from China's. Thanks China.

@user-xg5oe9qy6q 11 дней назад

They are helping the common man! ❤

@richardmarsden5610 10 дней назад

Overcapacity of whinging at others by the Yanks.

@kanavaro2010 10 дней назад

What about Apple and Microsoft overproduction ?

@bigd3470 11 дней назад

There worried about loosing all there profits and having to lower the prices of the very expensive cars all I can say is China keep up the good work bringing affordable cars to the market

@harshildhaduk3766 7 дней назад

Western countries are unable to compete with china😂😂😂.

@ThomasOrtlaufpg 10 дней назад

Free trade was good as long the US and Europe dominated the markets; now that they are facing a serious competitor who is beginning to outperform them they are falling back into their old European mercantilist way of thinking and are putting down the shutters.

@lw3649 9 дней назад

Everyone can tell US cars are over priced. It's not that Chinese cars are cheap

@neilnelson7603 10 дней назад

A communist beating capitalists at their own game

@pyschointellectual 10 дней назад

Us and Europe cant keep up and its getting them upset

@earlvarner9479 10 дней назад

They're lagging behind in technology.

@HenryKing679 10 дней назад

😂😂😂 the US and EU jist cant compete with China anymore😂😂😂Now China has got them by the throat,and people will just buy cheap EV from china😂

@danielwhyatt3278 10 дней назад

This is absolutely insane. It’s really telling when countries that are supposed to be pro-protecting the environment, are against another country and producing the vehicles that are supposed to be better for it. I’m against the Chinese communist party and don’t want to support them, but even I know the planet as a whole is more important and I would be totally willing to buy one of these cars if it falls within my price range, versus ludacris prices For EV we are still expected to pay some companies here in the West.👌🏼 Give me one.

@windsong3wong828 9 дней назад

Don’t be so hard on the CCP. The CCP had brought 800 mil Chinese out of poverty. China per capita was the same as India in 1949, now it is 5 times higher. The CCP have 90 mil members in China and they are the country’s elite. The CCP had build China with patriotic bureaucrats that are smart and not corrupted. As compared to many third world country. I am a Malaysian and I travel to China often for hols. The CCP practices modern socialism that lifted the country. No homeless, mandatory education, cheap university fees , universal healthcare etc .

@Zer0JusTice-qh8bc 11 дней назад

Great , one day I may afford an EV at an affordable price. Rather than the overpriced cars in Europe

@russellfreestone8580 10 дней назад

Excellent well done, 🇨🇳 China. A government with a clear plan and focus. For the Western countries, they got what they wanted. Cheap EVs.

@TuxedoPanther 10 дней назад

Good, we need competitive prices and affordable electric cars, instead of lining the pockets of Elon Musk and his investors. Let China compete for the green tech, we need it.

@alipaf2002 10 дней назад

I have sat in BYD and Tessla, BYD is really good.

@z-9884 9 дней назад

“They can build them cheaper and quicker” isn’t that what we want? What a joke. If it was an American company they would be praising them.

@jmkminh3595 10 дней назад

The question to ask: is it a good or bad thing for the consumers ?

@easwaransanthakumar297 10 дней назад

US should stop printing excess dollar notes.

@shedopaulo3291 10 дней назад

Up your ante in competition stop smearing China with false narratives

@sirusvirus9650 10 дней назад

Capitalists complaining about Competition 😂😂😂 to Communists 😂😂😂... 😅😅😅

@andilemtshe9063 10 дней назад

So they can't compete now they are crying 😂😅😂

@xcc154 10 дней назад

Very well done China. It is free market in a free world.

@jayhorton4088 10 дней назад

America is just jealous 😂

@jordansyoutube2139 10 дней назад

We need a price drop then 😂😂😂

@livingstonmech4250 11 дней назад

😂😂😂 fear fear

@belizarius_997 11 дней назад

Meanwhile the "budget" ID3 costs 40k EUR. Lawl.

@riccccccardo 10 дней назад

😂

@user-mt5vj3pr9y 2 дня назад

Really? ID3 only cost 16K EUR in China, and seller says that the sales did not meet expectations.🤔

@riccccccardo 2 дня назад

@@user-mt5vj3pr9y cos it’s a trash car.

@mehdikhider1891 6 дней назад

They are accusing china of making too many cars!!!??????

@danieljamescornthwaite4729 10 дней назад

What happens to climate changes I think when it comes to competition they forget about climate changes 😂😂😂

@siemen7800 11 дней назад

usa and europe should wake from sleep that now is 2024 and not 1950. Hallo ...

@xman1533 6 дней назад

They are busy printing dollars for BB and Zelensky 😂

@gregmaurice379 10 дней назад

😂 China was too Polluted , Remember ? Now CHINA is Too GREEN 💚 😂

@Hypocrites-507 10 дней назад

These hypocrites complain about environment China overproduction of EV n solar panels more cheap n reliable EV so many people can afford to drive n put solar panels more vis better 😂😂😂

@OlaOla-so3il 6 дней назад

So bad news is China making EV more affordable for the average buyer? Their helping us meet carbon zero sooner?

@enochrichard9146 9 дней назад

Now I can afford a car. Thank God

@jimwhite1756 10 дней назад

If this is true, isnt this good news for US consumers and their environment? The west had the same misguided attitude when the japanese start to build better cheaper vehicles in the 80's. Partner up with China rather than try to compete.

@reivell3699 7 дней назад

This is plaza accord all over again, but luckily, unlike the Japanese, Chinese people does not bow down.

@neric37 10 дней назад

Incapacity to challenge overcapacity.

@harwinderkumar7939 9 дней назад

China at its best , others will complain

@ishakkyusuf8784 10 дней назад

US and Europe accuse China of overproduction😂

@ethzero 8 дней назад

Gotta love propagandist words like "overproduction" and "dumping".

@JW-xr9kb 10 дней назад

should we talk about the overproduction on weapons and dollar paper?

@johnhemryjson8673 11 дней назад

The bully hate losing

@mosestekper7659 День назад

That's what we call exports. Like what BMW, Volvo and Ford have been doing for the past 50 years.

@sujithdsk6305 10 дней назад

Never heard before that words can put national security at risk 😂😂 Over produuction Over developemt Over rich Over intelligent

@xerianzakarias5359 4 дня назад

Just increaase the tariffs!

@atky7032 7 дней назад

Most important is people being happy about cheaper cars. That's what matters right?

@Sara_Kuster 10 дней назад

WTF is overproduction 😂😂😂😂 just say jealous

@kevinmjomba3394 10 дней назад

China only exports a fraction of the cars the produce, Germany exports nearly 70 % 9f their cars , Japan almost 50% percent😂so anyone with two brain cells can see through this 'overcapacity' nonsense 🤦🏾‍♂️😂the world needs electric vehicles💁🏾‍♂️😂

@russel242 День назад

There is no competition. There is a market for disposable cars. this is just like the bike sharing strategy

@margsritavargas5339 9 дней назад

But in U.S.A. are forbidden

@jaker3151 10 дней назад

Western countries/companies have been outsourcing manufacturing of everything from socks to iphones to China for decades. It's a bit late complaining or doing anything about it now.