Why China’s Electric Car Lead Has Been a Long Time Coming
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- เผยแพร่เมื่อ 25 มิ.ย. 2024
- When it comes to green manufacturing, China is now a clean-energy powerhouse. Its market dominance from solar panels to electric vehicles took long-term planning and a level of financial investment only state-controlled banking systems can deliver. By 2030, China will have an outsized influence on this strategic industry, and it’s poised to seize a fair share of the jobs and wealth creation that come with it.
#EV #China2030 #BloombergQuicktake
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When the US can’t compete, it is always the human rights issue.
so true
Agree, as if Tesla never abuses its employees and prevents them from unionizing.
america playing call of duty, china playing civilization
US competed really well back when it had said human rights issues in abundance, aka slavery
Bots aren’t even pretending anymore....
No matter what the show is to discredit China:
1. "Xinjiang Compulsory Labor", but no one can show definite evidence.
2. "China steals American technology." In fact, some technologies are more advanced in China than in the United States.
3. "China does not attach importance to environmental protection." In fact, China's annual forest growth is the highest in the world.
Western countries have always spared no effort to discredit China. They are afraid of the rise of China, because these countries invaded China 200 years ago, and the United States is unwilling to challenge its international status.😅
1- lets all accept that China is excellent at hiding evidence. Yes its criminal but its not exactly the industrial powerhouse of China. If it ended tomorrow, would it make China less competitive- no.
2 - China does steal technology and we all know it. Since you can disguise any hacker then you can never prove anything about a hacking operation. Russia does it for money and to gain an insight into the west, North Korea does it to get western foreign exchange and keep the dictatorship running. Do other countries have in house hacking teams - of course. Does the US use the NSA to gain an insight into Beijing- yes but it tends not to do it for industrial espionage rather military access as every major power does. Does China have some advanced tech - yes- its likely the leader in any manufacture globally on everything at scale. It can focus plans without worrying about public or private industry lobbying. This has a massive impact on getting stuff done fast and reaping the rewards. Competition from global firms in China is a rarity over time as China wants its firms to dominate at home at least.
3 I would say that was yes at the start of its capitalist post Mao plans. It needed to access the same resources at the cheapest way- coal for energy was the cheapest but dirtiest. Unlike the US, it never had oil it could use at home nor did it provide the market that every petrostate near depend on. So why would anyone want to generate an even bigger market for a fuel they have to import? Germany has learnt this lesson the hard way with Russian gas. The US car makers learnt a hard lesson with fuel efficient post opec Japanese cars. Now I would say that China has an answer- electrify transport- its almost done this by cutting demand for internal flights by having a high speed rail network. Making wind turbines and PV panels is easy for China. Geely might be a powerhouse at home but almost all chinese car makers are unknown outside China unless they buy a western brand (Volvo who were near bankrupt at the time of its sale, Mercedes by deceptional tactics of buying its shareholding to access its advanced engineering and learn from the best) . Would Mercedes be able to buy a premier Chinese firm under the radar.
You're spot on
Chinese infrastructure technologies such as bridge making using their giant machine(I forgot what it's called) and high-speed railway technologies are unheard of. The way they build them so fast and at the lowest cost possible is simply amazing. Many European and Asian countries are asking China to sell those TBM machines and railway and bridge building machines to them. The US is no match for China in this sector of development.
竞争不过中国，就先抹黑你，搞臭你名声。
you are absolutely 💯 right ❤
🇮🇶😘💕💚🥰🤚🤝🤝🤝🤝🇨🇳😊
in this video, the most powerful and advanced ev company in China even wasn't mentioned! BYD, who designs and manufacture all of IGBT chips, batteries, electrical motors and controlling etc. by itself!
I wish I could buy CATL stocks as it only trades on the Shenzhen China exchange. But I do own Byd, xpeng and Tesla.
they did show BYD cars in the beginning
Like the BBC putting a grey filter on every video in China. This is a kind of careful machine, can imperceptibly affect everyone's habitual thinking. This kind of car is only bought by old people in China. And young people buy big cars, because Chinese people buy cars in families, not individuals.
In my city here in Brazil the civil guard arm of law enforcement already operates BYD cars since 2019, this year the petrol cars were totally retired and now it's 100% electric vehicles, the other arms of the police are also testing BYD cars.
Some buses are BYD too and there are plans to retire all current buses for BYD buses.
Other cities in the region (the "interior" of São Paulo state) are starting trials with these vehicles in their police forces as they have proven to be more econominal in the long term, more capable chasers and simply better in so many regards, even São Paulo city itself is trialing the BYD cop cars, that's a city of 12 million (23 million metro), the largest in the Southern Hemisphere, so if they follow a similar path to other cities here there will be thousands of these BYD cars operating with the police there.
I imagine it will still take some time for these inititatives to spread widely here, but it's definitely exciting.
@@dddddh1 In Liuzhou, more than 90% of the Miniev buyers are young peoples.
I have been visiting China very regularly for the past decade and half. The standard Western media (e.g. Bloomberg) adjective of "authoritarian" or "draconian" that pliant Western journalists routinely tack onto China and its domestic policies is absolutely trash. Within the confines of domestic regulations, Chinese citizens enjoy a great deal of freedom and are pretty satisfied with their lot.
That's because they enjoying their rising of the economy, and rising of economy will shift and justify the narration of their story and their ideology. Which western world done that before. Western countries have successfully justified the democratic narration and laundered the olden-day imperialism invasion crime to the their-world countries. While the decline of western countries (especially USA) and rise of Asia (especially China), the peak economy entity, whom is earn by its peaceful development (Mostly refer to China), has the responsibility to adopt and reform the olden-day narration into the global acceptable ideology, which is the rightful national self-determination and real multilateralism. And hopefully this would lead to another golden age of human history. Even though, in many ways, China itself have many tasks undone and tons of domestic issue need to be solved. In anyhow most of Chinese people are very optimistic about it. During this process, China needs to adopt more Western successful result to create more innovation, so that they could contribute more to human being.
Go back and stay there
@@plightfoot8491 I would if I was younger. At this stage of my life, it makes no difference. I have none of the Western biases you may have.
I visit it as well. The citizens there are not happy with their limited rights…but have to put up with it. They might rise up at some point though, esp if the economy tanks or their oppression becomes too much…
@@plightfoot8491 please engage in intellectual discussions. If you are not capable of it, then do not post.
Well, we can always arrest the daughters of their CEOs, can't we?
what if we have a son?
@个比马 what if they have no children?
arrest their parents
You mean kidnap.
@@lazymonkey8259 Be aware, in case their son might be a anime protagonist.
USA talking about human rights is like tobaccos company talking about air quality , And those Uigurs waving American Flag should ask their Afghan or iraqi muslims brothers and sisters about how does american democracy taste like !
Not to mention those are fake uighurs.
There are nothing to say about them,If you give me 2000 dollar, I also can do same as those Uigurs
The fun story is that most radical ugyurs what they really want is for Xinjiang to become an Islamic republic like Taliban's or Iran's one. They aren't asking for democracy.
@@Arag0n Xinjiang? you mean East Turkestan.
@@iDm0Nd life is too short to be fighting about names my friend
Interestingly, when western media describe China's electric vehicle field, they always show mini models that can't be seen in the market here. The bigger and better models won't show up.
Nio, Xpeng, Li, all of which can be considered direct competitors to Telsa's lineup.
@@jason9875 All these companies use stolen tesla tech, China cannot innovate they only steal and copy
@@xblade11230 ofc smartie.
True, and those models are less expensive and more luxurious. Seemingly more technologically advanced as well.
Like the BBC putting a grey filter on every video in China. This is a kind of careful machine, can imperceptibly affect everyone's habitual thinking.
I am Indian who lived in China for 3 years 2015-18, I really liked the people, their system and everything. But ofcourse there is some propaganda and minor restrictions but nothing that affects everyday life. When I see news these days they criticize China so much I can't believe it. Trust me if you visit China yourself you will know that it is a wonderful country with amazing people. For its worth what you are are seeing in western news is not actually real or blown out of proportion.
I'm American and I come to the same conclusion as you.
Root cause: The right to speak is in the hands of the Western media. The Western media, especially the English-language media, has held a media monopoly for nearly 200 years, while China is a latecomer. At this stage, it is unable to break the monopoly. More people can subconsciously accept the negative news about China, but seldom can hear the voice of China's rebuttal,.This is so callded the monopoly of the right to speak.Whether it is for China or other developing countries, there is still a long way to go.
bots in youtube comments be like:TROLLS, CCP BOT!!!🤣🤣🤣🤣🤣
Why does everything with China have to do something with human rights Lol.... talking about electric cars
to balance their vulnerable dignity
Because china has no human rights duh
@@nesseihtgnay9419 really?
@@donchen4906 really, force labor and the arrest of mulisms in west china.
@@donchen4906 dude cmon china is a communist country.
Chinese leadership is composed by technocrats with mostly engineering background, whilst the United States leadership is composed by mostly lawyers and business men. This creates the fundamental differences in the way both countries leadership making decisions. Engineers are methodical and follow goals by a time frame or achieving milestones. Often, Chinese sets big vision 10-20 years ahead of her time with small achievable goals every 3-5 yrs (look at how Chinese develop her space station projects, alleviation of poverty or how they develop EV car industry). Engineers are also trained problem solvers (look at how they defuse the nation's hosing bobbles and size down the oligopolies). The political system also allows Chinese to be a chess player whilst the United States are playing chequers. So far, I do not see the USA in any way can compete with China in the long term with either infra-structure investments or making economic competition (which we all know white house is highjacked by wall street). With every 4 years new president to be elected, no chance that this country can make a long term decision strategically, and in this game, a tactical decision player can not match her rival.
Xi went to college for chemistry.
@@HaydenLau. But Xi ended up a sent-down boy in the province shoveling animal dung. The sent-down youths movement was stopped more than 4 decades ago but still all chinese leaders start from the bottom and have to work their way up by merit.
@@HaydenLau. actually I think it was chemical engineering
All full of yourself right
you are right
Chinese leaders are focusing on each 5 years plan, adjust as needed and move forward without 2nd thought. In US, each newly elected President only can spend 2 years to run the country, first year is for building the team, the final year is for re-election. Another major problem for US is that newly elected President might have different strategy on almost everything, the country does not have a long term comprehensive development plan.
In China, Capital can't inflence govt and Policies; in US, Capital controls Politicians and policies.
Very smart conclusion
I agree, the senate and Congress can never get anything done either cause the executive power keep changing too quickly, plus the lobbyists also try to influence everyone every second even if it contradicts them
you forgot the mid term at the end of the 2nd year, Senate elections, Governor races.
Lol you're delusional if you think "capital can't influence the Chinese govt" the CCP's central committee is composed of many billionaires and people with tight knit connections to major industries. There is a reason every new chairman goes on purges of the previous administration - if anything corruption is far more common place. Though you are largely correct about the limitations of long term planning in Democratic countries due to short term competition.
@@smiley4669 Before opening your big mouth, you shall check if your brain is capable to challenge my point of views !
China didn't steal EV technology, it has been an innovator.
Elon is the true innovator in this field!
@@davideasterwood5844 did you look at elon Ted talk about China at least on EV.
@@davideasterwood5844 Elon didn't even create Tesla. He fired the founder.
@@davideasterwood5844 It is not mutually exclusive to have multiple innovators. They multiply not cancel each other.
What technology is there in a battery car😂
Wow, that's the fast turn. The front part of the video was true and fair. Suddenly the rest become propaganda piece of state department.
@@markstephenong8872 hahaha
Mr Bloomberg is gearing himself to run for US presidency again.
@@teofilol2666 the way Biden perform now, it will be another open season in 2024
I mean, they are trying to show every side’s argument here. They included contradicting opinions in this video and it is up to us to make up our mind.
@@thomaszhang3101 the problem, for me, is that they still act like tesla is an untouchable king in EV when it just isn't. If tesla doesn't come up with something and actually delivers it will be overrun by European, Chinese and even other USA car makers.
Everything was going well. Then Human Rights pop up in the most irrelevant fashion 😂
@China-The Center Of The World And the irony of which... they don't see the irony of it in themselves. But what do you expect from America if not the concept of double standards.
irrelevant? progress over values at all cost? (by values, I don't democratic values. I mean values we all agree to )
@@flyingface dead afghan children from drone strike are confused about democratic values
@@levelazn ah my friend, two wrongs don't make a right. The US committing injustice does not justify China doing so. And when either country does, they are open to criticism
@@flyingface problem is U.S manufactures lies to try and contain china. Against A non white nation where yellow peril has historical precedence inside U.S politics.. US cannot tolerate a peer competitor regardless of politics. and it tries to create consent based on lies to stop china's rise
America's biggest investments are in senseless war and building more military stuff like submarines, aircraft carriers and fighter jets.
@@grapesurgeon Please tell me which territory CHINA illegally occupy in an ocean? I doubt you can name one. And if you give me that sensationalized rocks in middle of South CHINA Sea, you're ignorant like the rest of your fellow americans. It's a sea not ocean in the first place. It is not only CHINA claiming those, but also Vietnam (which also occupying much more islands in those area), Malaysia, Indonesia, Brunei, Philippines and even Republic of China (Taiwan) for that matter. All of them are claiming that area. And your fake CIA backed propaganda media don't sensationalize that because your US is so insecure and jealous of CHINA. In the first place, it's the US the number 1 illegal occupier of islands in the Ocean itself, you can start from Diego Garcia Island in Indian Ocean, Marshall Islands and Hawaii in Pacific and many more...🤣
@@samalenyo
Bravo.
They only innovate in war. Sabotage of others.
@@grapesurgeon So? Chinese economic is also expanding. Military power should match its economy status.
冷战已经结束了，美国还顽固地坚持冷战思维，这只会加速美国的衰落。
China definitely achive it's goals.
The global electric vehicle market size was valued USD 384.65 billion in 2022. The market is poised to grow from USD 500.48 billion in 2023 to USD 1,579.10 billion by 2030, growing at CAGR of 17.8% during 2023 to 2030 period. 6:19 [Fortune Business Insights]
The adoption of electric vehicles is rising sharply as the global push for net-zero carbon emissions accelerates. EVs will make up about half of new car sales worldwide by 2035, according to Goldman Sachs Research. 6:22 [Goldman Sachs]
The company’s name, BYD, is an acronym for “Build Your Dreams”, which says a lot about the brand’s values. 6:59
At least we as consumers will have more and better options. EV's should be more affordable if you want public to adopt it in masses.
wall street including bloomberg media are friend of chinese communist party.
Yea... for "Commies" they have embraced and taken the concept of Capitalism to heart better than we have...we just gave it to them...
@@superbmediacontentcreator so true. I am so disapointed in our Western EV's. We ask for too much money and deliver too little. Im saying this as an Engineer from the West.
@@creatineenjoyer7345 Just amazing and sad when it takes the POTUS to order 2 ports to run 24/7 when ships are backed up all over such that they rip an oil line off the bottom and trucks are backed up for hours loading. US management teams are just completely lost and we have only ourselves to blame for our mess.
EVs should be banned
It is that type of arrogance displayed here by Jigar Shah that will see the USA fall behind. The casual dismissal of developments happening elsewhere other than the USA.
yep, China is the world leader in battery technology, CATL and BYD are all top innovators, Huawei have already designed a automated driving system with their HarmonyOS operating system, poised to become the Android of the smart EV industry.
The problem with entrepreneurial driven innovation is that it's still relatively short sighted and less coordinated.
Exactly. I've never seen any country in East Asia including SouthKorra, China, Taiwan, Japan to have this much arrogance in what they do.
But he is not wrong though in China it started after Tesla was a success & they copied that tech & made a rapid progress typical copy cats
@@user-vl8bv5jt9m except that nothing in the cheap Chinese EVs are similar to any Tesla. They dont use Lipo batteries, dont have power steering (at least at low trim levels) and have minimum safety and comfort. The only similarity is that it is electric, and that it is a car. Its closer to any golf cart than a Tesla. As for the nicer EVs, maybe some of their tech is stolen, i wouldn't doubt that. But I'm also certain that Chinese R&D cannot be underestimated. Also, Geely has owned Volvo since 2010 and Lotus since 2017. Not only that, they are also collaborating with Japanese and European manufacturers for R&D. Just calling them copy-cats when lots of genuine work has been done is a quite unfair.
it is not arrogance if you are stating facts. some people have this fantasy in their head where china is close or equal to the US. the US just has too many advantages that can not be replicated in any homogenous (let alone planned economy/authoritarian) country
Unlike America, China have a strong mindset for eco friendly energy and their market is so big that alot of automakers and entreprenuer wants to produce not just electric cars but electric transportation overall.
China have a strong mindset for building new coal plants, about 80 under construction today, for the largest combustion engine car market in the world by far (only 12% electric), for dumping mining slurry into the water supply, and then talking CCP bull to cover it all up and pretending to be clean.
Totally different conditions. The average Chinese has had to wear masks for the last ten years due to the heavy industrial pollution and that includes those in country regions.
@@chrisblockley5783 谣言，你被西方媒体洗脑了
Well Chris - from another Chris, the batteries driving these machines are more toxic than the fossil fuels we so object to. Lithium - cadmium - other heavy metals to create this myth?. Hydrogen is the go. Trust me, I'm a doctor.
@@chrisblockley5783 Now it is much better.
US innovations many are done by the foreign talents and the Western Medias claimed that there are from the Western countries. The innovations are done by all humans from all over the world and they should be belong to all human, not only for the Western countries. That is very narrow minded and selfish.
As much as agree it is not going happen they couldn't do it with medicine so they are probably not going to do it for anything else either
The foreign talents get US citizenship. United States have always been country of immigrants.
@@sorryi6685 I'm talking about selfishness and egocentricity. I'm not talking about citizenship or not. Do you understand about all the foreign talents when they do R and D, is for humanity, not Western countries profits and arrogance.
@@eugenelee1830 you can't make justified argument about the immigrants making patents of medicine which they cannot afford to buy without going bankrupt
@@Gilgamesh12382 you made a point. What I am talking about in general that the US always accuse China steal the technologies from them but don't realize that more than 50% of the R and D are Asians. I'm making a point that they can not say all these innovation belong to them. Other nationality also contribute big portions to the innovations.
EV is everyone's game, not Tesla's.
most of these are just cheap,low technology mass produced ev vehicles aimed at the poor masses,they are extremely successful because china has a garguantuan population of poor people who needs the cheapest alternatives......
most of these are nothing more than generic technology that barely more than golf carts with a car chassis and body instead and maybe a bigger battery so the car can go somewhere before it runs out,theres absolutely nothing new or cutting edge about them.....
yawnz,as a chinese i have to say,china only cares about making money,the easy money from low hanging fruit industries......they have no interest in true r&d and innovation and development,in trying to produce a product or technology that is actually superior or at least on par with america or europe...all they really want is just easy money.
when it comes to technology and intellectual property none of these companies have anything on what tesla has......
@@jont2576i can see the jealously
@@jont2576 So Much Jelous Makes You Fool
That’s literally Tesla’s mission
@@jont2576 Please tell me who doesn't care about making money?
Most Chinese drive around the city. Chinese cities are very large. There's high speed train that can get them to other cities much faster than driving.
The average they will drive is under 50km per day. A 200 km range is plent for the week before recharge. Telsa is designed for countries who home and work is far away with no fast public transportation. For the average Chinese.. Telsa is too expensive. They will buy the cheaper Chinese EV for occasional use and put the rest of the money in buying a home or child future. Tesla is for the wealthy in china.
Yes true no one is going to drive like 280 km /h in cars
You mean like the Wuling death boxes?
Lol 2/3rds of their country is out of 🔋 power...They will need to take over Taiwan to be relevant in the semiconductor industry
Tesla actually is priced below Chinese EVs ! Lol
@@secretweapon9775 BS.. I doubt it.
When you know you are falling behind, you talk too much.
10:54
there's a difference between those who invent and those who manufacture.
and the latter will always depend on the former.
@@mariacheebandidos7183 look at 5G technology. China will lead or already leads EV market.
@@mariacheebandidos7183 what you didn't know is those who manufacture will start to invent eventually and those who used invent become short of ideas since they were so detached
@Matthew Hade Currency of Hade.....
@@mariacheebandidos7183 Well said... China is inventing...👍
China is heading to the right direction. You know that, given the west constantly criticize China.
Probably has something to do with human rights...... Only a greedy businessman would say China's headed in the right direction.
@@Themiddleman416 China has ~90k COVID cases and several thousand deaths. I guess the millions of COVID positive people and 800k dead people in the US have more human rights?
@@pw8332 chinese statistics are unreliable, the government cannot be trusted.
@@UnknownUser-ej8tk with that logic you can stop trusting anything
@@UnknownUser-ej8tk So the ~800k COVID deaths in the US is an overestimation? Nice job 👍
14:04 "Very large fleet of cars that come and pick people up and move in unison."
Yeah, that sounds like a train.
except that "train" could pick you up or drop you at your doorstep
@@Wingly113 I would prefer having a tram line or an MRT line a block away as long as I can save money and maybe get a few things on the convenience store on the way there
@@Wingly113 Exactly that’s what these transit lovers don’t understand lol.
Idk, the answer to traffic was trains and light-trains all along
Trains are restricted to rails, you can’t have a train station and tracks at every house or store. This major limitation should be obvious to everyone.
The worse part of this video is that they seem to imply that Tesla is the one that has/had no idea China was coming after them… When actually it is the other “American” automotive companies that truly had no idea, and still don’t.
This video should have been titled something more along the lines of how the MOST American car company (Tesla), currently, is being use as a tool by the Western media to make headlines. Most often negative ones, which often sell better as headlines.
Exactly. What about Ford and GM? Why no mention of them especially when China is one of the biggest strategic markets for ANY car manufacturer
they also dont take europe into account. europe literally is far ahead of america in electric vehicle technology. a tesla literally would not function without european technology. meanwhile the driver assistants of mercedes and audi easily outperform teslas "autopilot" fe.
Tesla has a joint venture with Byd China to produce batteries.
@@Marvin-ii7bh not to mention bmw being the first company to actually have full autopilot
As an automotive engineer, The US stopped building decent cars in the late 70's Worked on a 90.s something Jeep and it was a true dog. 90's styling. 80's emission controls and 1960's suspension Drove like a truck but hop into a Landrover, Nissan or say a Toyota equivalent of the same era and a different story. One of my first cars was a PLymouth Savoy and I cannot say how much I loved it except to say I would swap my wife for it. And I quite like her.
Now soon America will sanction Solar and electric car from China by citing human rights violation.... 😂😂😂😂
汽车工业的发展也可以诽谤新疆，好
敌人越反对，说明我们的道路越正确
Musk doesn't care, it's what he wanted all along.. It just means cheaper EV parts for any future vehicles.
China might even beat musk in the space race.
What make you think he doesn't care? If you own a business, someone other than you make a better product or something of quality that's equal to your which is cheaper then it take over your market share, would you care?
@@aleonflex6611 He mentioned a few years back that if there's a fierce competition in the EV arena, who wins is the people. He also mentioned he decided to go into EV to accelerate transition from gas to EV.
@@aleonflex6611 Because that’s Tesla’s mission statement, to accelerate our transition to sustainable energy. Sure he would love some market share but I wouldn’t think he didn’t feel happy when seeing this.
@@aleonflex6611 Yes, because it would eat into my profits?
The title of this video is off. It should be "Why China may son beat the western societies on the sustainability game."
In the first 5 minutes the video said that the Chinese monopoly on cobalt and other rare earth metal elements necessary in current batteries will be obsolete. So China will become obsolete with the next generation of battery storage.
haha ye with its 20k coal plants and bulding more
@@Zunken12 china stopped building coal plants. as per gov mandate
@@Chrisfrom_Dallas fyi, BYD is leading in the next generation of battery innovation. Tesla is using the batteries from BYD and Ningde, both are Chinese companies.
@@levelazn they started building them again, and they’ve tripled coal production in mines!
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
haha. I disagree that nobody saw the 2008 real estate burst coming. I saw it when I sold my house in 2004. I mean it was unprecedented that the value of my house doubled in 8 years. And the buyers of my house were given a loan of 105% of the purchase price. Then I read that people had taken out balloon mortgages. Then, I was offered a "no doc" loan to purchase a condo. I mean the red flags were HUGE.
@@Jme--- if homeownership in America meant marriage, half the country be single
I'm jealous. I need some guidance please. Lately I've been considering buying dividends stocks for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing.
@@marksway7292 reach out to samantha leigh wentland
@@emilyfranklin8190 how can i do that please
In China, the competition for electric vehicles has reached a fever pitch. I am very happy to see the great achievements of BYD. The dmi hybrid technology they invented and the electric off-road vehicle that rivals the Land Rover Defender are impressive.
Everyone is missing the point: They're not even doing it because they "wanted" to, they "had" to do it to save their own environment. OUT. OF. Necessity. Kinda like the tree desert project.
What a dumb comment. The whole green revolution is out of necessity to save humanity.
What a dumb comment. The whole green revolution is out of necessity to save humanity.
Tree desert is quite important to Chinese people because we has been experiencing sand blizzards for a lot of years! When sand blizzard come, BBC and CNN even all the western medium condemn China sacrifices China sacrifices natural environment in order to develop economies.
meanwhile, poverty, drug abuse, gun violence, widening economic gap only gets worse year after year in the USA, without any concerted effort to deal with any of it.
@@_Wai_Wai_ Indeed, for non-Americans like myself, the US is a place to avoid like the plague. Racism, school shootings, murderous Trump supporters, economic inequality, awful tax laws and the shlttiest healthcare system I've ever known. All while the higher ups and business men enjoy looking down on those struggling to buy bread for their families. Wonderful. :-)
There are also other factors. EV innovators like Rivian, Tesla and Lucid are not getting much political love as they have not greased the right palms. There are also vested fossil fuel interests in USA trying to undermine the transition to more environmentally friendly solutions.
@@user-ni6py2qv4q The price will come down if inventory goes up ,high demand for high quality dictates the price .
I'm just waitin for the cybertruck/roadster class action
That's a very diplomatic way to say that Biden and the Democrats are in the pockets of the UAW and are doing the bidding of the unions. Thus Biden is protecting union shops like GM. Tesla needs to start contributing to political campaigns and buying off some of the politicians. They have the money now.
@@user-ni6py2qv4q A small battery EV is so much more practical if you only have a short commute: It is cheaper to buy, cheaper to charge, easier to park and has plenty of range anyway on moderately congested city streets where you crawl along at 20-40km/h. On a bad day, when traffic is slow but still fluid, I go as low as 60Wh/km, so I only need to charge my 20kWh battery once a week if I only use the car for work! Globally this applies to the majority of car owners, so obviously luxury EVs are not for us, nor significant in transforming transport on a mass scale. In the West high end EVs are over represented, as brave manufacturers are trying to recoup their investment, but when the supply chain is complete, lots of generic EV components will be available, so manufacturers are able to churn out cheap EVs massively. China has got it already, Europe and the US is 5-10 years behind. This is why high end EVs come from the US and Europe, not because they are market leaders, but because their manufacturing capacity is limited.
@@user-ni6py2qv4q Tesla cars are expensive to most American too, the West generally lacks affordable EV options.
Enough about China... let's worry about cleaning our own house !
China is our enemy they play anti American propaganda every day in thier country.
@@AJ-happydad are u living in China? could u understand Chinese? So how could u know anti American propaganda happening every day? For me, living in a western country, it is totally opposite. Anti China propaganda everywhere!
@@haoshi8145 another lie. the mainsteam media in america hasnt started going in on china yet when it does the focus of the whole usa will be on china. say hi to pooh for me
When Bloomberg compares your company to a whole country...
You know you've made it.
It's like they know Tesla is the only non-china player, but it really pains them to admit it.
Guys... Tesla isn't even in the top 20 manufacturers by cars sold, in the global market.
If they want to be a big manufacturer, they need to make a small EV in the $10-20.000 range.
When you put Tesla as the EV role model for innovation, you should mention the battery is Chinese innovation and technology. So you just can’t draw your conclusion based on your example.
Ummm no. China assembles it. It’s teslas technology that China puts the parts together.
@@rydgevilla8643 Wrong China's BYD, CATL don't even use the same battery chemistry as Tesla's 4680 batteries elon musk openly stated that LFP batteries will be the future(the same chemistry Chinese battery makers dominate in) 4680 is Lithium Ion batteries which is pretty much trash even in today's standards because of the Russian Ukraine war's effect on mineral supply
@@rydgevilla8643 no，china create them，as byd
@@rydgevilla8643For EV, no, the biggest player of EV battery is CATL. Model 3 and Model Y use CATL batteries. CATL collaborates with companies including BMW, Daimler AG, Hyundai, Honda, Li Auto, NIO, PSA, Tesla, Toyota, Volkswagen, Volvo and XPeng.
The “iron fist of the state” is felt more as a capitalist than a citizen, and this is an amazing thing. I wish the US was tough with our capitalists, if not brutal with them at this point.
China has faced many such problems in history: capital and resources were controlled by a large number of capitalists and the powerful in the later stages of social development. This internal cause led to the country's rapid decline. It goes on and on, and it never stops. Capital can enrich people's lives very well, but capital can also control people's lives and invade their power into government power. Therefore, it is difficult to control capital and manage capital well.
Tesla is quickly becoming the dominant exporter of Made in China automobiles. So there’s that…
while using chinese blade batteries ,
Almost every part of MIC Teslas are made in China. That's a great thing - shorter supply chains are better for the environment.
thats what happens when your own government tries to set your downfall
@@geirgaseidnes7809 doesnt change the fact the most profit and money still goes to USA. People behave like that producing something in china being a lot of money there.
At the end USA is gonna get most money out of china.
Many non-American auto-makers set up shop in the US. Same deal. But the size of a company’s payroll is generally bigger than the profits it pulls down. So I suspect that even with their crazy high profit margins, Tesla’s MIC sales leave more $$$ in the local economy than it “takes” to the US.
In traditional engines, the US, Japan and Europe definitely have the advantages on quite a lot of patents. In the EV technology, I don't see the US has too much of an advantage, even though Tesla is still the No. 1 manufacturer of EV, but the battery is from Chinese companies or foreign companies.
And the battery is the problem as it is a huge disposal problem when dead and horrendously expensive to replace. Look at hydrogen and get over this overrated and inefficient system. Give me 20 bucks to fill up my Datsun1200 ute!
Who developes the best battery technology will decide the race. America needs to catch up but the current batteries are not the future so it's not decided as of yet.
Not sure China believes in patents until they realise they cannot sell stuff in the most lucrative markets (Europe/US/Japan/Australia) and then suddenly it is an impediment but by that time they have already held the home market dominance and anywhere the Chinese government can influence a foreign government. They may dominate sales volumes for wind turbines but they have lots of strong competition outside China
Telsa is like netflix once other companies start entering the market telsa would go bankrupt
@@stephendoherty8291 Top 10 EV models, Q1 2023 (Australia)
Tesla Model 3
Tesla Model Y
BYD Atto 3
MG ZS
Volvo XC40
Polestar 2
Hyundai Ioniq 5
BMW iX
Hyundai Kona
Volvo C40
BYD, MG, Volvo, Polestar are all Chinese brands
I'm having a hard time understanding the relevance of the title of this video to its content. Clickbait?
Incompetence.
You are still in denial
GM has paid for the title.
@@paxundpeace9970 You are still in denial
One only has to look at Singapore. 40 years it became a dynamic city. This is what china is becoming
LoL no
@@chamber3593 Lol yes
@@chamber3593 👍 yes
China is aweosme.
there seem to be alot of bots/trolls on this thread
Tesla avg e car cost 60,000 USD
vs
China e car cost 5000 USD
Of course China e car sell more!!!
China sell 2 million ev car tesla only sell in tens of thousands
@@winkus8586 because Tesla is not affordable unlike Chinese cars and Tesla have no intention to make cheap cars. They are aiming to become Apple of Car industry. Low number of cars with high profit margin
@@sorryi6685
I know that.. and tesla sales are in hundred of thousands. Not 10s of 1000
You cant Just build Lot of Cars,you have to sell them to
How many Chinese Ev cars sold in NA ?
Look at how China treats Apple and Tesla, how US treats Huawei and Tik Tok.
Look at how China treats Disney, NBA and other western companies who criticize the government and get punishment while Chinese companies in US criticize US but doesn’t get any punishment.
@@andriod8014 which Chinese company in US criticize US?
@@andriod8014 which Chinese company in US criticize US？
There's *No Chinese company criticize the nation they are in* they lived by the rules of law & order under the foreign laws.
In US Chinese company only talk positive.
The only one is the hypothetical finger pointing shameless ones, Foo u monger empire which the world knows too well.
@@andriod8014 here is the rule in China: if a business doesn't touch politics, politics don't touch the business, sounds fair?
tesla originally did offer battery swap.
but stopped because few used it and it didnt make sense economically.
every battery you have just lying around is another car that you could of made.
it will remain this way until batteries are no longer the limiting factor for EV production.
Battery swap might not have worked because most US houses have a garage with a power socket. Most Chinese houses in cities don’t have this luxury so battery swaps make more sense. A lot of places in Asia and Europe are in the same situation.
And New York city.
@@ScoobyDoo-zp1sq that's just a lazy opinion dude .
how Tesla did battery swap is very different from how Nio is doing it.
@@snakedoctor2048 thanks for your input. Very articulate and well thought you 🙄
EVs are not affordable right now, this creates massive opportunity for anyone who makes an affordable EV. I see China filling up this gap in the near future
nah, tariffs
i believe that china need it more because of the high price tag of pollution shifting from agricultural to industrial sector created a huge impact on the globe
I agree , China definitely needs more then anyone . All the world manufacturer pollution was exported to China so world can buy things cheaply and ordinary Chinese suffers .
@@55jigme when china polutes, the west shouts climate change. Now they say “what climate change?” when they feel the squeeze on their economy. The west has a tendency to say whatever is convenient to them
They are manufacturers for the globe.
@@paxundpeace9970 they manufacturing costs and price of end product is cheap. The problem with wealth inequality is that the majority need to buy cheap to survive, while really wishing for quality. Moneybis in the "throw-away" items not in the keep-forever items.
If you look at the pollution map index, the biggest pollutor currently are India ( even tho their country are not as progressed as China ) from Delhi to Bay of Bengal its all in critical level, a time bomb waiting to happen.
They can look more than 4 years into the future. One parlement wants this, the next one brakes it down 4 years later, your back to zero again.
A "dictatorship" has its advantages, when done right. The same can be said about Singapore, they also did a fantastic job and are now a world hub.
Some might argue that the USA itself is a corporate dictatorship, which explains why they, directly and indirectly, supported many dictatorships worldwide (and continue to do so), as long as it aligns with the interests of the corporate class.
US two party dictatorship china one party nothing else.
China isn't a one man dictatorship, it's a one party dictatorship. The party still holds power over the chairman. The main drawback is that sometimes party goes over country, and sometimes a party ideas can get stuck, without being able to be kick out, it's hard for fresh air come in. I don't think china will give up the efficiency of one party for now, as so far has worked wonders for them in their opinion. Yet they will need to open up more the party, like they did when they opened membership to all Chinese citizens for the party to remain dynamic.
The transformation was impressive in such short period of time.
The west eagerly paid for it to lower cost in the short term. Regardless of politics that is a moronic move in a plain business sense.
I've always said this, the US can't compete with China because it can't even fathom the concept of a national industrial policy. South Korea, Taiwan, and Japan have competed against sectors of the US economy and beaten America through the use of national industrial policies. Against national industry policies, America's neo-liberalism has only a record of losing repeatedly.
National Industrial Policy always beats neo-liberalism. South Korea went from having no shipbuilding industry and within 2 generations dominating the global shipbuilding industry. Post WW2 America has the majority of the world's ship building capacity and now the US barely has a none military shipbuilding sector.
How can you talk so much but say so little?
@@samsonsoturian6013 that’s what you’re doing though. He highlighted an important issue. Sometimes you need a collective effort to benefit everyone. The lack of long term planning is hurting countries like the UK and US
China's ship building industry is even bigger than South Korea. China is now the world's biggest ship builder.
I like how @3:41 he sees going from moving bicycles to 'jammed' cars is somehow progression. if only they added bicycle paths.
GM's crushing of the EV1 in 2003 seems like a small event, but was in fact a momumental act of self-destruction.
I remember watching the "Who killed the electric car" documentary in high school thinking they're just delaying the inevitable.
No, it shows that these companies don't car about competition and certainly not about the T junk with it's disgusting marketing lies. They only care about government regulations!
also the invasion of iraq. and the beginning of 2008 financial crisis
Meanwhile my country’s government are billionaires.
I'd like a cheap electric car.
go buy a SMART fortwo,.
@20 20 ;)
5000 euro for one in China.
TH-cam
To be honest, I am just surprised how humanity is still alive.
Pure luck...
Don't worry, we'll allow billionaires to fix that fact.
A few problematic items in this report
1 No hard evidence of any human rights abuses in Xinjiang on the production of solar panels (or cotton or cultural genocide or mass sterilisation). Nothing beyond hearsay & wild claims by people who either/or change their stories or have dubious histories from where they allegedly originated from.
2 It's a bit rich to point the finger of pollution when they are the world's factory - we are just transferring our production pollution on to the PRC
3 Dark sinister footage, especially with the infamous John Sudworth, BBC are many years old. The PRC are making significant progress on green tech & cleaning up their natural environment & greening massive areas of desert.
thats why muslim from that regions are migrating to neighbouring countries and china not allowing foreign media house to operate independently in the region.
@@chandranshpandey1929 People migrate all over the place - all data points to improved welfare & living standards (both Chinese & foreign studies) & the reason why some foreign media either disallowed or choose not to operate is because they refuse to abide by the PRC's security requirements - this is usually because they won't co-operate with sharing data on terrorists' communications. Since then, all terrorist organising [all used to be done via Facebook, etc] have now ceased.
@@chandranshpandey1929 According to who? To you?!! It's easy to make things up, it's inhumane to fabricate stories even if you bear extreme hatred against the Chinese.
@@chandranshpandey1929 Many Indians are migrating all over the world, especially Indian Muslims where you can visually see them everywhere with great number (compared to other ethnic groups of different countries), does that mean serious human rights issues? For comparison, you hardly see any of uyghurs except those in western sponsored separatist movements and some terrorist groups in the middle east. For further context, the stories presented by the Western media and politics about the Uyghur issues are overly dramatic and humanly impossible that I choose not to treat them seriously.
@@chandranshpandey1929 In fact, the population of Xinjiang has been increasing, of which the increase of Uygur population accounts for the overwhelming majority. Not the so-called "population is decreasing and emigrating to other areas"
The title is literally comparing a country to a company
That should show you how much thought went into this.
well, name another US company that makes EV?
Lam Alex GM and Ford, if you talking about solely EV then Lucid is claiming to be able to deliver in the next 2-4 months
@@jonathanao6567 gm and Ford don't have evs on sale just research atm and for lucid. If I can buy it than that company is an ev manufacturer.
Asim Qazi really, I know Chevy Bolt had a massive recall so maybe that’s why it’s not available atm but what about the Mustang Mach E. I am pretty sure GM and Ford are way further than research unless I been reading false article for the past year
Want to increase EV in North America? 1) Lease that covers everything :car, insurance, maintenance 2) Like Geely: interchangeable battery 3) Standardize charging plugs
In India Tata selling ev suv at 15000 dollars.
Even when talking about technology and development, Bloomberg always talks about human rights. At least at this stage, the Chinese don't care about so-called human rights at all. They only hope that after the country develops, they can lead a decent life. This is the basic attitude of the Chinese. This is also the reason why the Chinese government is currently supported by the vast majority of Chinese people.
Human rights situation in China very bad under Xi, it is going back to Mao era. Feeling sad for Chinese people
Actually not the west and US version of human right. If you are black and minority you can forget about human rights in the US.
Chinese enjoy a different kind of human rights - safety and ability to walk the streets without mugging / being shot at by shooters or police, access to jobs, affordable health care, etc. take our pick.
@@VikSaw11 😆
That matte black Geely, car, is gorgeous
Thanks for such a great video👍
Great to see Geely + Nio + Wuling smashing it in the EV segment!
US: "China EV technology is largely from United States, we are still the best!"
Journalist: "Where are these EV scientists coming from in the United States?"
US: "Erm....China and India...."
Its call brain drain silly..
Tats bcos the smartest n brightest Chinese n Indians prefer US educ.. There will never be successful in China, they hv to come to US univ to study to prove their worth..
100,000s of them migrate to US/Canada annually.. And work for US bosses.. Just like most Chinese factory making product w Western labels..
@@RedHanded1969 They prefer US bcos of high salary and bigger house. But thank to Trump and Biden, the Chinese brains are not welcome in US anymore. Unlike India, China is growing fast. Maybe in 20-30 years later, the best brains of the world may go to China, not US. who knows?
@@SW-fy8pq Exactly who knows..
But what I do know is that
Chinese are taught to be obedient son, employee, and citizens..
American are taught to be independent, creative n follow your dream..
Which one would YOU choose?
Chinese immigrants who came during gold rush never went back, despite all the discrimination & racism.. Coz they knew live is worse back in China.. No matter how succesful China today is, No overseas chinese, from SE Asia, Spore, HK or Taiwan wants to go back, much less western countries..
Better pay n bigger house isnt that what the world wants.. During Trump more Chinese migrate there than b4.. Chinese has been leaving for 100 yrs, bcos China is oppressive, then n now..
@@RedHanded1969 You may not know how poor China was 40 years ago. People were starving and they were desperate, so it was very natural that many left China for better future in America. America was and still is a fabulous place for the super rich, so I am not surprised that many cash loaded Chinese are lining up to "flee" to America. But it is not the case for the ordinary Chinese folks though, friends of mine in China are content with their lives there. I asked them do you want to leave China? They said no. They have more faith in China than anywhere else during pandemic. Anyway, It is true that China is relatively move oppressive, it is just like Singapore and Vietnam, the people don't have freedom to criticize their government. In Thailand you are not allowed to say any negative word about the Thai King or risk being jailed for life. Saudi Arabia is probably the worst, they are similar to Taliban where the authority practice cruel and unfair shariah laws, their woman were not even allowed to drive until very recently. Ironically, all these
authoritarian countries are the key allies of America, why? It is purely politics. Hence we don't trust America. Many of the news of the world reported by America is not real.
@@SW-fy8pq Authoritarian regime are key allies of US, really.. Are they not key allies of China too? what about Russia, Vietnam, Cuba n N Korea..
BTW Japan, Australia n Taiwan are also key US Allies..
China was poor 40yrs ago, and who made them poor.. China 400yrs ago was the wealthiest/most adv country in the world.. You forget to mention Soviet agents, money n weapons created/supported CCP leading to devastating civil war killing millions, destructive soviet style Culture Revolution, causing famine thru tutelage fr Russian experts, destroying economic ctr in Shanghai..
US media is not Real, but CCP controlled media is 100% REAL.. What about Japanese, Korean & European media, are all of them FAKE too, only Chinese media tell the TRUTH.. Who is the idiot now ?
I watched the entire show and didn't see anything about China beating Tesla at its own EV game. If it's the bit about the tiny Chinese EV outselling Tesla in China, making tiny cars that are used only for short distances within Chinese cities not Tesla's game. Again, Bloomberg seems to show it doesn't actually get EVs.
BEIJING/SHANGHAI, Oct 11 (Reuters) - Mercedes-Benz, the German company founded by the inventors of the motor car, is pouring more resources into its cutting-edge research and design capabilities in China as the centre of gravity of the new auto world shifts eastwards.
In a drive to create a "home away from home", Mercedes-Benz is doubling down on bases in Beijing and Shanghai to stay ahead of regulations and consumer trends in a car market that outstrips the United States and Germany combined.
You are clueless! China has over 2 million public fast chargers! T junk and its SuC network is totally irrelevant!!!
Look at GAC Aion V with almost 100kWh batter and 440 mi range. Looks really nice, and made by joint venture partner of Toyota, so quality is outstanding.
Compare this to T junk out of Shanghai with smaller batter and way less range. T will not survive the onslaught with their junk and disgusting marketing lies!
No, Bloomberg Quicktake gets it on EV. But it is more interested in another agenda (a geo-political one) like most US companies doe nowadays. Don't you notice that when mentioning that China is out producing ev cars, it mentions more persistently on its dominating the market for geo-political reasons, when, it is actually more for reasons that the chines cities are so polluted that any govt. would push their car makers to make EVs without the luxury of hesitation, else the residents were about to choke and collapse from the fumes that 28 million cars increasing every yearly creates!
@@snslifestyleorg There is no mention of mainstream Chinese electric vehicle brands, such as BYD, NIO, XPENG, you can find out, they are already ahead of Tesla in many technologies.
@@fooguicao7111 Only time will tell.
This is one of the very few videos that the Western media didn't smear China .
Let's work together to make the World a better place to live in .
the world largest polluter is USA and india, USA and UK is world largest CO2 emmisioner in last 120 years in world accounting for 90% of total emission, USA also is world largest water polluter,and USA is world largest gabaage producer and pollution per person level, USA does not produce anything industry but produce most of polltuion causing global warming
No mention of BYD, the largest EV maker in China?
NIO Is the largest i think
Tesla is the largest
Yes, it was mentioned.
@@heinrichhimmler3781 BYD is huge and far ahead of any other ev in most critical technology but I am always surprised that BYD does not get any limelight at all
@@davout5775 BYD's new energy vehicle sales have surpassed Tesla, BYD is now the world's largest new energy vehicle manufacturer
Wait till Winston and C-milk see this
I wonder where they get the labor from?????
@@marz.6102 Obvious isn't it? NGO
American automakers are behind China.
Their motto, "big cars, big profits."
China builds cars that everybody can afford. Not cars just for the rich.
Yeah because the opinion of 2 failed unlicensed and unqualified English teacher matters.
It's sad how the American government funded "NGOs" are relying on those people to push their anti-China agenda.
A man of culture, love those two.
Since 2008 financial crisis, China already recognised that it has been suffering environment issue while delivering products on lower priced products. This kept the world inflation controlled for many decades. Since then China had long term plan to build a larger internal consumer market so it is much less relying on foreign trades. Now that China is ready and wants to build a better environment, the hidden cost will be truly reflected through increasing product prices. Hope tech can help, however, to keep the product cost lower still while not damaging the environment as much at the same time.
Those air pollution footage was many years old, the reporter was even deported.
Tesla is the only true American company that sees the challenges ahead. Not just in EVs but AI and robotics too. The clickbait-ish headline can help sell a newspaper or two, but masks the more important takeaway here - Tesla is literally America's only hope.
china is an example of a human who is not distracted by trivial pursuits and is focused and tenacious... its a example of a human who is constantly monitored to not fall prey to self destructive fantasies in the name of freedom
Absolutely right
9:25 "That's part of the picture but, as we're discovering in China, it's..." Lemme stop you there. What do you mean "discovering"?
Thanks, so informative!
Ruihua is a professional and experienced EV charger manufacturer, specialized in AC charger, DC charger and Split Type DC fast chargers since 2006.
The sad fact is that if China had stuck to bicycles they would have been ahead. Public transport and bicycles are the best transport solutions not more cars. Irony thy name be?
They literally have the largest high speed rail network in the world
Buddy, it depends on the structure of the cities, bicycles are useless in US Suburbia and great in the Netherlands. Also, creating an automotive industry from nothing is simply economically necessary, given chinas economic goals.
Isn't China have the biggest bike sharing in the world?
They stil have bikes but mostly ELECTRIC ,
gas isnt allowed in big cities as daily drive.
No
And Indonesia is going to be a global player in terms of battery production for EV because of our Nickel reserve and strategic locations for Japanese, Korean, and Chinese automobile companies to set up plants and factories. The EV ecosystem is going to be concentrated in Asia and Australia especially with the raw nickle export ban that's imposed now in Indonesia. Tesla had the chance to cooperate with Indonesia in this early stage but they turned their back last minute to Australia for its Nickel and India for its plant, the Asian companies are getting the opportunities now and they're already building big plants in addition to their existing factories here. Such a shame because Tesla could grab the rising South East Asian market for EV. Even the small town where i live in northernmost tip of an island already has 2 EV charging stations despite we don't even shift to EV yet.
Hope 'the nickel' will be indonesia's bargaining power just like saudi arabia with their oil, i think its all depend with the human resource in the country, cz okay lets say indonesia have many natural resource such as nickel but, it will be useless if it can't be used as well as possible. Hope there will be many EV from indonesia!!! And indonesia will be the biggest EV exportir to the world, lol!
13:50 This is called a train with extra steps and inefficiencies. WE HAVE HAD TRAINS FOR HUNDREDS OF YEARS
The 5000 years old Chinese are in gymnasium while the 250 years old American are looking for a walking stick.
For me the Dutch have the best solution: less cars, best overall logistics
Chinese have bullet trains which means less air and road travel.
Isn't it working in case of trains ? Isn't it working is smartphones ? Chinese companies are dominating the market
No more in smartphones since the US torpedoed huawei.
@@alansmith888 US is cutting off its nose to spite its face. The rest of the world is using Huawei and will be advancing to 6G while the US tries to play catch up. Dumb move!
@@alansmith888 Xiaomi poco vivo oppo realme OnePlus... These were the brands that filled the void left by Huawei.
Earlier they just focused on their products and sales...now that the US has made it clear that they will be cut out of US tech if they feel threatened they have started developing their own OS and software ecosystems which they dint bother to do and relied on the US...
The same with semiconductors...
US has just pushed them to make everything themselves..
Sanctioning Huawei will haunt the US.
@@incisive2641 Cant use it if they banned 5g and don't have enough chips to make the phones.
Typical USA though. They will stamp out any competition, similar to what they did to Japan all those decades ago.
China will take over .. anyway ...
US may thank the bank$ters for their country successs .. -) ..
Bloomberg carefully chose to mention mini EV only but not the other major Chinese EV brands to avoid introduce/promote them in the western world. lol
Just shows you how planned economy works at best
This proofs that regulations can push innovations. Many don't like it but prohibition (like speed limits or parking limits improve innovation).
Except China's green energy claims are largely fraudulent.
Human rights in the USA is about everybody for themselves, taking whatever advantage they can get from other people and from the system.
The charging differences between china and America have to be crazy different. In china not everyone can charge at home but in America many more can which makes mass amounts of charge points less necessary. I’m not saying that we aren’t far behind I’m just saying that specific comparison isn’t what it appears at face value. I still think we need more chargers in the us!
If the bulk of the wealth is concentrated on a few people just like in the US, how much can these few people spend and consume to move the economy?
Finally some content that isn't china bashing all the time.
Except it's buying into fraudulent claims that were debunked years ago.
@@samsonsoturian6013 What claims? It is your turn!
the only company i think that has a chance is nio
BYD cars' quality is quite amazing for the price and more affordable than NIO. Tesla is still the best but complaints of reliability still concern.
There is a reason Warren Buffet and Mercedes-Benz invested in BYD China. It's slowly becoming the new Japan (except the politics)..
Byd builds the batteries for tesla
@@stevenchow408 wasnt that CATL?
@@user-zf2se1he5h Yeah, but also BYD Blade batteries soon.
BYD
BYD has the most advanced auto batteries in the world. Tesla has in 2022, signed a contract to buy BYD batteries for her model 3, if I am not mistakened.
Why do people keep implying that Tesla was first to market? From 2008 to 2012, Mitsubishi sold over ten times as many i-MiEVs as Tesla sold Roadsters.
Yes.. i think currently vw selling much more than tesla.. there is also nisan and hyundai
Where are they now?
@@MelvinJ64 they still make them, and they cost $10k less than the Tesla Model 3, but they stopped selling them in the US, presumably because they're going to be introducing a new model like they did in Europe.
i think the main problem is mitsubitshi aren't innovating enough on it's technology feature, and also they're lack of investment on electric charge like tesla
@@user-gc1hg9sp9k I certainly agree that charging infrastructure is a huge plus for Tesla.
40% of car sales being EV in 2030 seems a bit low tbh
China is largest car market in the world, so it's it's not easy for the to switch from ICE to EV. Better to make a realistic target that you can achieve rather than high unrealistic target tag hard to achieved
@@user-gc1hg9sp9k I'd say it's better to push for a high target and fall a bit short rather than have a lower target. Just look at spacex to see how well that works
I'll keep my petrol turbo engine car until the last drop of oil in the world. Then I'll switch to hydrogen. Electric cars are simply idiotic.
The latest data on China's car sales in September shows that new energy vehicles accounted for 20.4%.
do you think people can change car like smartphone? Car is not cheap.
Actually I really like these Chinese EV. There is this one line of EV or Etuk tuk or rickshaws that are very popular in China. The lk1500fc is what they are called and they are usually made from side manufactured parts. The chassis are stamped by bigger companies who have the spare capacity and can make it in one go. The motor is sourced from heavy duty washing machines cause the motor is capable of driving a car. The batteries are lead ones recycled from waste centers. And the rest of the car is sourced from surplus or stuff that can’t be sold else where.
By what U.S. automobile transportation standard is this an
acceptable useful safe mode of travel
Geely is pronounced with a soft g.
Jeely?
just like GIF
Cars are the issue. Electrifying them doesn't solve the issue
Agreed
@@cheapnugget7939 yeah like electric cars are great, but so much more of the issues around cars can be solved by switching to walking/bicycle friendly city design, effective public transport and well-integrated ridesharing services. And even better is that these things can be implemented today, instead of waiting 15 years for a technology that may or may not come
@@BobIzam trains are the way to go
14:04 everyone knows thats a Tesla. Why blur the logo if it's in the title? lol
i came here because the car in the thumbnail looks lit
What about human rights minorities in the USA? What about the human rights of immigrants in the USA and EU? Human rights are used by the USA now that they can't compete.
China is going to become Tesla’s biggest market though. Elon said it himself.