@@lifeisgood141 Be advised that major Korean companies stoped saucing parts from China due to Chinese government's severe economic retaliation on Korea-US 'THAAD' issue.
We need to upgrade our power grid first. I talked someone from energy Alberta (or whatever they are called), and he said our electric grid cannot handle the demand for more EV. And updating the grid will take decades, and no level of government is even talking/investing in upgrading the grid 😂
You don’t have the slightest what oil and gas creates or does for this industry or anyone residing in this country? Ignorance and arrogance is abundant in this country coast to coast.
@@luccac6247 I would not say that as my father was in oil and gas from driller to offshore superintendent on semi semi submersible platforms, He told me never to go into oil & gas but had the inside on what that industry did and still does to this day.
Love the channel and the show. You guys really need to make the distinction between EVs depreciating, and early adopters paying the extortionary prices that dealers were asking and getting from those dumb enough to pay the bleeding edge tax.
I'm sorry there's mixed messages everywhere. China does massive subsidies, yet it's bad that Canada subsidizes or gets involved? It's not a level playing field regardless.
I think saying, "Government, don't get involved. Let people buy what they want to buy when they want to buy it" has a bad assumption that everyone has the money to buy what they want. I think there is a big group of people who are very concerned about the environment and want to get an EV but can't afford to. With incentives it helps people get over the hump of the price difference between gas and EV. Especially early on when tech is in its infancy it helps companies figure out the tech and increase economy of scale so prices can go down faster than just letting the market slowly transition to EV. Without incentives to drive sales, how many EV models would there be? A handful? Looking at hybrids, it was pretty much just Toyota Prius and Honda Insight for the longest time.
If the primary concern is the impact from creation to return to mother nature .. we are going to get smaller EVs soon .. but shoot just get a hybrid and further than that a FWD based sedan or small van. My little Elantra gets magical -- it was explained to me to which I replied to the sales person "yes like I said - magic" -- but driving in suburban-city in -- for 3 season I get around 5.3L/100k (4.3L to 6.3L) .. it is literally magic and the Elantra is good enough for many. Toyota has their van, and Kia is going to have a hybrid van too. The NEED and WANT - you buy what you can transition too and time will evolve and optimize the market to allow more people to act on the want part of it. BTW I would have got the hybrid-Elantra but they were all sold out "due to crazy demand" - and it was $2000 more but better content on top of the power-train (including 3 more years warranty on that powertrain).
I'm planning to drive my EV into the ground (ID.4). At this point, I'll get similar benefits of any future range increases with the continued build up of EV charging infrastructure, especially more slow charging at places like grocery stores, libraries, etc.
Fun fact, the tariffs on Chinese EVs also increased the price of ebikes, even made in America. UL Listed batteries caught strays because of their Chinese sourced components. So now ebikes, also a vehicle that lowers emissions like the US wants to do, cost $100-$200 more 🙃
They don't know Santa FE transmission. Santa FE ICE have the wet-dct 8 speed transmission. Santa FE hybrid have the conventional 6 speed automatic. Hyundai recalled for Santa Fe ICE transmission.
I think the rebates were simply to balance out the initial cost of building electric vehicles (extensive R&D) because EVs would have been unreachable for most. It was a jumpstart for the technology and ensure that EVs get a real traction v. a false start. I don't think anyone would buy a $40K Leaf (just an example) when it came out. No company wants to build a product that just loses money but now there's momentum, some consistency in technology, and reductions of cost to build, so yes, maybe they're unnecessary now. Just my thoughts.
Awesome input and thank you so much for answering my question. I obviously have my own opinions on the matter but I believe everyone should hear other people's opinions and points especially when it comes from SME (subject matter experts) like yourselves
The Grand Highlander has a “ no sale “on it ( as of 2 weeks ago anyways ) that is a Toyota not a dealership situation. This is as you said, due to the third party made airbags being defective. A fix should be in place b6 now but production is probably no where near turning* out the numbers of replacement airbags that are needed for all sold or sitting on the lot but not being released to customers Grand Highlanders. Remember Toyota is also dealing with an issue with crank bearing issues on the new a Tundra twin turbo V6, that apparently is being recalled ( I guess the6 have a fix? ) with over 100,000 units being affected. What is going on with Toyota? P.S.your “ show is great!
Nothing special is going on. That’s very common across entire industry. People, well mainly uninformed laymen just don’t know any better. Hence questions like yours. Which is understandable. Hopefully those of us who have more knowledge can help educate common folks. It’s not easy but I’m trying one question at a time.
Really good QC&C. Thought provoking and exposing some great information. Off topic, but I really like Zacks shirt. It appears to be great quality. What brand is it? Thanks, you two are the best!
When people debate whether tariffs harm the economy, they never bring up whether tariffs have harmed the Chinese economy. The Chinese "economic miracle" was built on tariffs, some of them extremely heavy, on products made outside of China. Did it harm them?
@@johnjames7712 Agree. My experience in the communications industry with batteries is that they start losing capacity so eventually the pack will have to be replaced. By that point the vehicle will be worth less than the battery pack. I would buy an EV with the longest Extended Warraty on the battery pack and then drive it until the end of that warranty. At that point I would stick it at the end of the driveway with a "FREE" sign on it.
China has around 100 ev & hybrid car manufacturers. They compete vigorously with each other. In a few years, there should only be a few survive. This is how they could drive out the non-competitive ones. In NA, auto makers are so protective.
What are the total number of stop-sales on now for Toyota in North America? You mentioned the Grand Highlander and I’ve also heard the Prius has a stop on anything not currently coming off the line.
EV's have insane lease deals...tried trading in my 2023 CR-V Hybrid for a 2025 Malibu RS & I was told I'm better trading it for the Blazer EV because they're a steal right now 😅
Is this avail as a podcast? I love your questions content. I am not inclined to run TH-cam for podcast content. I don't run TH-cam while I'm on my bicycle or when I'm driving.
Responsible governments trying to find ways to reduce emissions dealing with climate change. There aren’t a lot of tools democratic governments can use to achieve these goals, other than to support green initiatives, support the R & D for new technologies like EVs. I understand the no government involvement but it’s not a level playing field, we’re still in the baby steps phase of EVs. And to allow super subsidized Chinese cars in with all that CCP R&D, our burgeoning EV car industry would be destroyed quickly, and auto manufacturers would have to all go back to ICE vehicles. And we’d be back in the good all days of a huge carbon footprint. Kind of a rock and a hard place scenario.
Saying govts should cut incentive programs and let people buy what they want overlooks the entire climate change movement that led to them in the first place, the same as incentives for home energy efficiency upgrades. Whether you believe they are worthwhile or not is a separate question but govt always has its finger on the scale to pick winners and losers in everything they do. The tariffs on Chinese vehicles reflect a belief that the PRC govt is doing the same things to reduce the costs of exported vehicles. There is value in maintaining an ability to produce EVs in other parts of the world.
if the leasing companies have to absorb the higher depreciation on the EVs one would think that cost would just be transferred to the end consumer. How can they give such good leasing rates with such large depreciation rates?
The banks heavily subsidize the money factor in the lease, making it effectively cheaper than purchasing it in some situations. The leasing company also inflates the residuals, so they absorb the depreciation. Only problem is that you have virtually zero equity at the end of your lease.
Just like cell phones, they are basically leased with your phone plan. And you get buyback agreements at the end of the 2 year term and get a new phone. New models have more features and better battery life. Same process with these EV’s.
$20 per month? Is that a typo? Have you ever heard the saying, "Sounds too good to be true"...? Heck, to me, even $200 per month would sound too good to be true! I also have a Nissan. I purchased a 2022 Nissan Frontier King Cab 4x4 SV in late 2023, used with 6,500 miles on it. My payment is $650 per month. Perhaps my only problem is that I didn't go to the same place your daughter did to get my vehicle. I don't know, but that just sounds way too good to actually be true.
@@jimmyrichards5595 it is not a typo. There was an article in Jalopnik that said a Colorado Nissan dealer was offering the lease. The dealer is Aurora where my daughter lives. She checked it out and went for it. The leasing company got all the incentives.
Toyota says the next communication on the Grand Highlander stop sale is Oct 21. My closest dealership says 24-36 month wait for Grand Highlander with a 50+ waitlist.
I am okay with oil subsidies. Canada has the 3rd largest oil reserve in the world. Makes your electric power at lower cost! I am opposed to incentives for EV's. You're not comparing apples to apples.
@@JonasDavidsson 'billions and billions' ? That's the second dumbest comment I've read today. I suggest you do a little research on what happens with oil exploration (expensive venture) from companies such as Exxon, Chevron etc...without govt. subsidies. Our government gives more to 3rd world invaders than they do to the oil companies. There's more to worry about than big oil. Without Big Oil, there are no EV's. You've obviously been indoctrinated. Wake up.
Totally agree there should be zero government incentives for EV's let the market decide. Every taxpayer is subsidising an EV owner. Did I get a government incentive on my Silverado Duramax diesel of course not. Don't know what BC does but in Ont EV owners are getting kind of a free ride because while gas or diesel powered cars there is a lot of tax on fuel some of which goes toward roads. Not a huge deal now but should EV sales really take off they will have to figure out some method of applying a tax to even the playing field. As a sidebar I did consider a F-150 Lightning but too much money, I like my Silverado Duramax better as you can contest from driving one in Newfoundland. I want a truck that sounds like a truck, just something about a diesel clatter.
Audi's strategy on naming convention is that odd numbers are ICE and even numbers are EV. Hence the A4 is at least temporarily gone and has been shifted to the A5. So really the A4 isn't gone, it's just been renamed to the A5. Still... a bit sad to me as my first 'luxury' car purchase was a 1998 Audi A4, which was a great car.
Don’t understand how Chinese government “unfairly props” their auto industry is a negative but Canadian Government can “invest” $56 Billion in the same EV technologies to support the EV manufacturing. Isn’t this exactly the same thing?!? Plus what about the other industries laid to waste by Chinese business practices (textile, manufacturing, plastics, etc). Only now because it’s the auto industry it’s wrong?!?
My buddy who owns x7 BMW and has same complaint about tech that doesn’t make sense and don’t work. Car companies should listen to drivers and keep the tech simple and works. He is not getting BMW anymore.
Yeah, i was the one that sent the qst in. I eventually got rid of the bmw and got the Hyundai Santa Fe. To both your points super fun to drive but had the car for only 5 months and it was in the shop at least 8 times. The most frustrating part for me was two separate issues that the techs at the bmw dealership didn’t know how to fix. Unfortunately not worth it for me.
Wow. My buddy had same complaint that the BMW tech couldn’t solve some issues he had. And BMW not giving loaner anymore like they used to. Too bad great machine with unnecessary tech features.
I think that the X7 buyer from your question would be better off waiting for the new Palisade next year. Way better downgrade than the Santa Fe. If it gets the twin turbo V6 based on rumors, it will be a super nice non-luxury choice.
@ishaansaral502 Thanks, i did also consider that as well, but given the current prices of the palisade with the new refresh i figured a top trip would be pushing late 60’s closer to 70k which i don’t want to pay. Paid under msrp for the calligraphy at about $54k cad and so far so good. The biggest downgrade is the performance, but i also have two toddlers and not exactly racing all the time, personally just enjoy a more sporty drive. Overall it works for our family, we’ll see what the future holds.
In the future we will look back and see thr EV incentives were more a national security drive to bring modern tech manufacturing back home. If China invades Taiwan and secure natural resources in Africa and Russia, we will be dependent on them for most energy and semiconductor technology until the industry is ramped in higher cost areas that are more friendly. That's what we are subsidizing!
Not “most” energy as we will still have fossil fuels. Solution: Rare earth minerals requirements are reduced 85% for a PHEV versus an EV, probably 95% for a regular hybrid, China stranglehold reduced accordingly. And this nullifies the rationale for the $40B+ continent wide charging station boondoggle. There are critical energy related priorities this money could be put toward.
Tariffs should be high enough to level the playing field with Canadian firms that bear the expense of responsible wages, worker safety, & environmental standards; China shouldn’t get a competitive advantage by short changing those values
Santa Fe - I will re-write this as it is hitting close to home - and it is still a working out over the next month anyway - those transmission are a very proven design - literally 100s of thousands have been built by Hyundai and Kia with constant improvement and innovation (reason they are now "wet design" for example). The Santa-Fe got a new generation of software that was faulty - easy fix IF it was not damaged already. So the units being sold now should all be factory correct or fixed upon arrival at the dealer. As a point of interest - Audi - was the company that took the excellent dual clutch design off the race track and brought it to the domestic market. I am pretty sure that Hyundai and Kia looked to Audi to see if it seemed a customer satisfier worth the extra cost.
Losing the Chinese built Tesla's in Canada will make them even less worthwhile. The US built ones have been so much worse and don't look like they are improving anytime soon.
I wish rebates were equal in all provinces. Of course buying EV in Quebec is much cheaper because combined rebates value reduce Tesla Model 3 to ICE alternative cars.
We have plenty of Chinese EVs in Europe, the capability and quality of these cars is really quite good. Politics aside, you guys are missing out on some really nice cars. I drive a Hyundai btw!
Hey ayzero, if you're thinking about switching from a BMW to the new Santa Fe, I've got the 2019 model and it's really great. But since it's a brand new model, it's important to consider recommendations. I'd suggest taking a look at the Mazda CX70 or CX90 - they look awesome, offer good space, and have a sporty feel to the drive. They might just be the closest match to the BMW.
@benerodriare Thanks for the response. I did shop around across the board and Hyundai just had a higher value proposition, at 56k for a top trim fully loaded it’s almost impossible to beat that. Just picked up our 2024 Santa Fe and so far so good, it’s no bmw but it’s not slow either with the exception of the split second when you step on the gas and the car is trying to figure out what to do.
The CX-90 has a pretty bad transmission. The seats and suspension also suck compared to the competition. Overrated car that is worse than the Grand Highlander.
Volvo and VW have both scaled back in going full electric. VW just announced they will close two plants in Germany. The all electric futures are not looking positive.
Those plants mostly make the Audi Q8 E-tron, which is an inferior EV to the lower priced VW ID.4. So yes, the more expensive but less efficient EV wasn't selling well. The VW ID series still has decent numbers.
the thing that separates your channel with all the other car channels is that when you have questions, you look for the answers directly from the manufacturers and/or the source. other youtubers just wonder why or ask their viewers to find out (lazy!) and just move on. you guys are fantastic.
I waited just under 2 years, until my salesman offered me a prime( he couldn't take my order for a prime at the time, only the hybrid) If i waited until their estimate time for a hybrid would've been 2.5 years! And i'm in Canada where the rav4 hybrids are built!.
@@philipf2705 oh is that something new? The salesperson said it will be made in Japan and my 2022 RAV4 hybrid has a VIN number starting with J which means it was made in Japan.
@@cky5573 Maybe Hawaii receives only Japanese built Toyotas because of where they are geographically For Canada and the continently US, Rav4 Hybrids are built exclusively in Ontario Canada
I’m conflicted on the tariffs. Chinese manufacturers have significantly benefited from decades from tariffs and other barriers to entry for Western vehicles. This has allowed them to gain competitive advantage. However, tariffs on Chinese cars in Western countries will discourage manufacturers from innovating. Instead they will go for short term profits. The West is terrible at the long game.
I want the option to get a byd, at least alternative to the domination high price ev vehicules. I think they sit on their thrones making money one our back, look at the price of the Kona EV, like all the others the prices are too high in reality.
Put a tariff on countries that have poor environmental protection and labor laws. That would hit china harder than just tariffs on EVs and more likely to produce useful results.
You two are talking as if there is zero government subsidies in North America for automobile manufacturers. Do you home work and don't just blame the Chinese government. The bottom line is that we want affordable EVs in Canada.
if it's not clear by now, China's economic strategy is to way over produce and then spill that over into external markets. it shouldn't even be a controversy because it's pretty plain that's their strategy. I'm not saying the BYD isn't producing great cars, but they wouldn't be cheap cars without the heavy subsidies.
Zach, but if the Chinese were playing fair and not playing with their currency and using sweatshop labour camps then they wouldn't be able to be as cheap as they are. That is why we can't let Cheap Chinese EV's in. When they want to play fair then by all means let them in.
In terms of Tesla, its not even whether the EVs are made in China, its the fact that the ones made in the US has horrendous quality, why should Canadian consumers pay more for an inferior product just because our country doesn't have a backbone against US policies?
@Roadbunny777 Have been using smartphones made in Vietnam for the past 15 years and, yes, would not even buy Ford or Buick if it's made in China. Again, I would not compromise privacy and safety.
The US did that back in the 80s with cars from.Japan to try and protect the US car manufacturers because they couldn't compete on quality and price. All it did was make it easier for the Japanese manufacturer to sell higher trim levels in the US to.maximize profits. Look at now, there are no midsize vehicles made by US manufacturers
The tariffs against Japanese auto manufacturers, caused them to build them in North America. The Camry, Accord and Maxima are made in North America, they are midsize.
@@foxlake6750Exactly! Not necessarily solely about protecting car manufacturers but about protecting jobs for domestic voters. Also very true that Chinese govt subsidies for BYD has a lot to do with their cheaper prices, along with overproduction and dumping of their products overseas to try to refloat their economy since Chinese consumers are now refusing to spend any RMB on anything. As for future Chinese customer market for foreign manufacturers I think that ship has already sailed since their customers are now refusing to buy imports (or anything due to their debt crisis and recession). Which is maybe why Elon has slowly gone off the deep end…
Not fair? I’m a capitalist society? Most items are manufactured in china, Chinese ev should be allowed. It would force auto companies to compete with lower prices. The truth is it could force governments to create infrastructure costing much more leading to less reliance on oil. That is not in the USA or Canada best interests right now, it’s a domino effect. Both countries do not want.
Honestly the tariffs is silly decisions. Canada should have done what Mexico is doing. Let Chinese brand open factories here. And employ Canadian which improve employment. In Ontario car manufacturing are disappearing due to us brand decided to move south (to Mexico). We have all the supply chain needed to make ev and we are not trying to utilize it. You can not really stop Chinese EV advancement. And the tariffs is protecting not North American car manufacturer. It’s protecting American car manufacturers. And Canadian consumers or Canadian car manufacturers workers are not being protected from this decision. In my humble opinion.
5:00 The west, as opposed to the rest, is a “high cost jurisdiction.” Less expensive EV‘s, and cars in general, would be great. And there is a strong argument for protecting our industrial base. There’s less of an argument for protecting artificially inflated wages and benefits for assembly Iine work that does not justify it. Once a multi billion dollar manufacturing facility is built unions know they can hold it hostage.
I'm mostly a free trader, but the Chinese Communist Party is not our friend and does not wish us a bright future. You can find inexpensive used EVs. I bought a used 2023 Volvo C40 Recharge for $28K US. Love it! (Designed in Sweden & built in Belgium. 30% content from China.)
@@billurban1581 I hear you! The battery pack is a large chunk of Chinese content, but that is true of most EVs. Battery production creates a lot of pollution, so it hurts China in the long run.
![[LIVE] : ONE ลุมพินี 79 | คู่เอก "ก้องชัย vs อาเมียร์"](http://i.ytimg.com/vi/WfPSA1A0NHc/mqdefault.jpg)
funny thing is, most vehicles are loaded with parts made in China regardless of where they are assembled.
💯
Excluding cars from S.Korea.
kia and Hyundai both use Chinese parts
@@PROJECTYVR Excluding cars made on Klingon planet.
@@lifeisgood141 Be advised that major Korean companies stoped saucing parts from China due to Chinese government's severe economic retaliation on Korea-US 'THAAD' issue.
Canadian Government needs to get the EV charging infrastructure going first and drop those EV manufacturing and Oil & Gas subsidies.
Absolutely 💯
We need to upgrade our power grid first. I talked someone from energy Alberta (or whatever they are called), and he said our electric grid cannot handle the demand for more EV. And updating the grid will take decades, and no level of government is even talking/investing in upgrading the grid 😂
Trudeau works for Biden
You don’t have the slightest what oil and gas creates or does for this industry or anyone residing in this country? Ignorance and arrogance is abundant in this country coast to coast.
@@luccac6247 I would not say that as my father was in oil and gas from driller to offshore superintendent on semi semi submersible platforms, He told me never to go into oil & gas but had the inside on what that industry did and still does to this day.
Love the channel and the show. You guys really need to make the distinction between EVs depreciating, and early adopters paying the extortionary prices that dealers were asking and getting from those dumb enough to pay the bleeding edge tax.
53Billion, well that is about 50% of what we have been giving the oil and gas industry for subsidies and that has not stopped.
Yes but we like oil. 😂
Lots of good stuff. Great show Andrea! ☕️☕️
I'm sorry there's mixed messages everywhere. China does massive subsidies, yet it's bad that Canada subsidizes or gets involved? It's not a level playing field regardless.
I think saying, "Government, don't get involved. Let people buy what they want to buy when they want to buy it" has a bad assumption that everyone has the money to buy what they want. I think there is a big group of people who are very concerned about the environment and want to get an EV but can't afford to. With incentives it helps people get over the hump of the price difference between gas and EV. Especially early on when tech is in its infancy it helps companies figure out the tech and increase economy of scale so prices can go down faster than just letting the market slowly transition to EV. Without incentives to drive sales, how many EV models would there be? A handful? Looking at hybrids, it was pretty much just Toyota Prius and Honda Insight for the longest time.
If the primary concern is the impact from creation to return to mother nature .. we are going to get smaller EVs soon .. but shoot just get a hybrid and further than that a FWD based sedan or small van. My little Elantra gets magical -- it was explained to me to which I replied to the sales person "yes like I said - magic" -- but driving in suburban-city in -- for 3 season I get around 5.3L/100k (4.3L to 6.3L) .. it is literally magic and the Elantra is good enough for many. Toyota has their van, and Kia is going to have a hybrid van too. The NEED and WANT - you buy what you can transition too and time will evolve and optimize the market to allow more people to act on the want part of it. BTW I would have got the hybrid-Elantra but they were all sold out "due to crazy demand" - and it was $2000 more but better content on top of the power-train (including 3 more years warranty on that powertrain).
my daughter bought a 2 year old tesla model 3 its great battery great no problems
I'm planning to drive my EV into the ground (ID.4). At this point, I'll get similar benefits of any future range increases with the continued build up of EV charging infrastructure, especially more slow charging at places like grocery stores, libraries, etc.
The new A5 is basically a new A4.
Audi‘s new nomenclature is based on whether it’s ICE or EV.
Odd numbers are ICE and even numbers are EV.
Audis are so expensive tho
Guys A4 will be electric A5 is oldA4 with gasoline engine - same will be a6
Fun fact, the tariffs on Chinese EVs also increased the price of ebikes, even made in America. UL Listed batteries caught strays because of their Chinese sourced components. So now ebikes, also a vehicle that lowers emissions like the US wants to do, cost $100-$200 more 🙃
They don't know Santa FE transmission.
Santa FE ICE have the wet-dct 8 speed transmission. Santa FE hybrid have the conventional 6 speed automatic.
Hyundai recalled for Santa Fe ICE transmission.
I think the rebates were simply to balance out the initial cost of building electric vehicles (extensive R&D) because EVs would have been unreachable for most. It was a jumpstart for the technology and ensure that EVs get a real traction v. a false start. I don't think anyone would buy a $40K Leaf (just an example) when it came out. No company wants to build a product that just loses money but now there's momentum, some consistency in technology, and reductions of cost to build, so yes, maybe they're unnecessary now. Just my thoughts.
Awesome input and thank you so much for answering my question. I obviously have my own opinions on the matter but I believe everyone should hear other people's opinions and points especially when it comes from SME (subject matter experts) like yourselves
Note: Looks like VW, Ford and Stellantis are having 2nd thoughts on the EV plants.
The Grand Highlander has a “ no sale “on it ( as of 2 weeks ago anyways ) that is a Toyota not a dealership situation. This is as you said, due to the third party made airbags being defective. A fix should be in place b6 now but production is probably no where near turning* out the numbers of replacement airbags that are needed for all sold or sitting on the lot but not being released to customers Grand Highlanders. Remember Toyota is also dealing with an issue with crank bearing issues on the new a Tundra twin turbo V6, that apparently is being recalled ( I guess the6 have a fix? ) with over 100,000 units being affected. What is going on with Toyota? P.S.your “ show is great!
Nothing special is going on. That’s very common across entire industry. People, well mainly uninformed laymen just don’t know any better. Hence questions like yours. Which is understandable. Hopefully those of us who have more knowledge can help educate common folks. It’s not easy but I’m trying one question at a time.
I keep hearing about new battery technology “solid state” which will improve range and charge times. Wondering when this will come to vehicle market
Really good QC&C. Thought provoking and exposing some great information.
Off topic, but I really like Zacks shirt. It appears to be great quality. What brand is it? Thanks, you two are the best!
I spit out my coffee when you said that the A4 is gone. Wow.
A4 is renamed to A5 ... And A4 will be electric version of it ;)
When people debate whether tariffs harm the economy, they never bring up whether tariffs have harmed the Chinese economy. The Chinese "economic miracle" was built on tariffs, some of them extremely heavy, on products made outside of China. Did it harm them?
Don't know if I would recommend driving an EV into the ground. Maybe drive it until you have to replace the battery pack and then scrap it.
Best to just drive it until the end of the battery warranty and then get rid of it.
@@johnjames7712 Agree. My experience in the communications industry with batteries is that they start losing capacity so eventually the pack will have to be replaced. By that point the vehicle will be worth less than the battery pack. I would buy an EV with the longest Extended Warraty on the battery pack and then drive it until the end of that warranty. At that point I would stick it at the end of the driveway with a "FREE" sign on it.
China has around 100 ev & hybrid car manufacturers. They compete vigorously with each other. In a few years, there should only be a few survive. This is how they could drive out the non-competitive ones.
In NA, auto makers are so protective.
If Zack would go and experience a few of those EVs, he would have a different understanding of the situation.
And many scammed the government and left/declared bankruptcy 😂
china put 40% tariff on everything, not just cars.
its being like this for 30 year.
What are the total number of stop-sales on now for Toyota in North America? You mentioned the Grand Highlander and I’ve also heard the Prius has a stop on anything not currently coming off the line.
EV's have insane lease deals...tried trading in my 2023 CR-V Hybrid for a 2025 Malibu RS & I was told I'm better trading it for the Blazer EV because they're a steal right now 😅
If you are getting ev you should consider cost of battery replacement. Some day that has to be done.
I bought a BMW IX and wish I had leased it. It depreciated way more than I expected.
At least it was cheaper it was only like 80k. If you bought the Audi q8 etron which can go up to 160k. It be pretty bad
Hyundai depreciates even faster.
Is this avail as a podcast? I love your questions content. I am not inclined to run TH-cam for podcast content. I don't run TH-cam while I'm on my bicycle or when I'm driving.
Responsible governments trying to find ways to reduce emissions dealing with climate change. There aren’t a lot of tools democratic governments can use to achieve these goals, other than to support green initiatives, support the R & D for new technologies like EVs.
I understand the no government involvement but it’s not a level playing field, we’re still in the baby steps phase of EVs. And to allow super subsidized Chinese cars in with all that CCP R&D, our burgeoning EV car industry would be destroyed quickly, and auto manufacturers would have to all go back to ICE vehicles. And we’d be back in the good all days of a huge carbon footprint. Kind of a rock and a hard place scenario.
Saying govts should cut incentive programs and let people buy what they want overlooks the entire climate change movement that led to them in the first place, the same as incentives for home energy efficiency upgrades. Whether you believe they are worthwhile or not is a separate question but govt always has its finger on the scale to pick winners and losers in everything they do. The tariffs on Chinese vehicles reflect a belief that the PRC govt is doing the same things to reduce the costs of exported vehicles. There is value in maintaining an ability to produce EVs in other parts of the world.
i like my toyota corolla cross hybrid xsse so far 47.5 mpg in mixed driving..
I'm getting my wife one of these.
if the leasing companies have to absorb the higher depreciation on the EVs one would think that cost would just be transferred to the end consumer. How can they give such good leasing rates with such large depreciation rates?
I think the car manufacturers offers the lower rate/pay the difference
The banks heavily subsidize the money factor in the lease, making it effectively cheaper than purchasing it in some situations. The leasing company also inflates the residuals, so they absorb the depreciation. Only problem is that you have virtually zero equity at the end of your lease.
Just like cell phones, they are basically leased with your phone plan. And you get buyback agreements at the end of the 2 year term and get a new phone. New models have more features and better battery life. Same process with these EV’s.
My daughter leased a Nissan Leaf for $20 per month. 2 year lease 20,000 miles. Taxes and transfer costs as only up front costs.
Wow!
$20 per month? Is that a typo? Have you ever heard the saying, "Sounds too good to be true"...? Heck, to me, even $200 per month would sound too good to be true!
I also have a Nissan. I purchased a 2022 Nissan Frontier King Cab 4x4 SV in late 2023, used with 6,500 miles on it. My payment is $650 per month. Perhaps my only problem is that I didn't go to the same place your daughter did to get my vehicle. I don't know, but that just sounds way too good to actually be true.
@@jimmyrichards5595 TFL in Colorado leased one for $90/month
@@jimmyrichards5595 it is not a typo. There was an article in Jalopnik that said a Colorado Nissan dealer was offering the lease. The dealer is Aurora where my daughter lives. She checked it out and went for it. The leasing company got all the incentives.
Toyota says the next communication on the Grand Highlander stop sale is Oct 21. My closest dealership says 24-36 month wait for Grand Highlander with a 50+ waitlist.
Funny how the gas powered Buick Envision is entirely made in China, but there’s no 100% tariff on that model.
My late father always said not to buy a car while it's in its first year of production. Wait until the bugs are ironed out.
If you're opposed to incentives for EVs, I assume you’re equally in favor of scrapping the century-long oil subsidies as well, correct?
Dumbest comment I've read today.... good job 👍🏻
@@Rich-xq3uvThere are billions and billions of incentives to the oil industry....lived under a rock for the last 30 years ?
I agree. We need to stop all these oil and pipeline subsidies. EV incentives are just a drop in the bucket in comparison.
I am okay with oil subsidies. Canada has the 3rd largest oil reserve in the world. Makes your electric power at lower cost! I am opposed to incentives for EV's. You're not comparing apples to apples.
@@JonasDavidsson 'billions and billions' ? That's the second dumbest comment I've read today.
I suggest you do a little research on what happens with oil exploration (expensive venture) from companies such as Exxon, Chevron etc...without govt. subsidies.
Our government gives more to 3rd world invaders than they do to the oil companies. There's more to worry about than big oil.
Without Big Oil, there are no EV's.
You've obviously been indoctrinated. Wake up.
1:43 no I think the HRV should have the 2.0L hybrid system from the Civic which it so desperately needs.
I agree. If I'm not mistaken that is the power train that is used in the HRV in Europe and it also has a pano roof.
The new F150 Lightening Flash is really great truck!
Totally agree there should be zero government incentives for EV's let the market decide. Every taxpayer is subsidising an EV owner. Did I get a government incentive on my Silverado Duramax diesel of course not. Don't know what BC does but in Ont EV owners are getting kind of a free ride because while gas or diesel powered cars there is a lot of tax on fuel some of which goes toward roads. Not a huge deal now but should EV sales really take off they will have to figure out some method of applying a tax to even the playing field. As a sidebar I did consider a F-150 Lightning but too much money, I like my Silverado Duramax better as you can contest from driving one in Newfoundland. I want a truck that sounds like a truck, just something about a diesel clatter.
Audi's strategy on naming convention is that odd numbers are ICE and even numbers are EV. Hence the A4 is at least temporarily gone and has been shifted to the A5. So really the A4 isn't gone, it's just been renamed to the A5. Still... a bit sad to me as my first 'luxury' car purchase was a 1998 Audi A4, which was a great car.
Polestar for North America will/are coming from South Carolina
I’ve been hanging on to my 2005 until prices become reasonable. Will I ever again be able to buy a new car for $20k CAD all in (all taxes & fees)?
Don’t understand how Chinese government “unfairly props” their auto industry is a negative but Canadian Government can “invest” $56 Billion in the same EV technologies to support the EV manufacturing. Isn’t this exactly the same thing?!? Plus what about the other industries laid to waste by Chinese business practices (textile, manufacturing, plastics, etc). Only now because it’s the auto industry it’s wrong?!?
My buddy who owns x7 BMW and has same complaint about tech that doesn’t make sense and don’t work. Car companies should listen to drivers and keep the tech simple and works. He is not getting BMW anymore.
I also had a 2019 x7 and couldn’t wait to get rid of it. Same issues, fun to drive but half of the “stuff” didn’t work.
Yeah, i was the one that sent the qst in. I eventually got rid of the bmw and got the Hyundai Santa Fe. To both your points super fun to drive but had the car for only 5 months and it was in the shop at least 8 times. The most frustrating part for me was two separate issues that the techs at the bmw dealership didn’t know how to fix. Unfortunately not worth it for me.
Wow. My buddy had same complaint that the BMW tech couldn’t solve some issues he had. And BMW not giving loaner anymore like they used to. Too bad great machine with unnecessary tech features.
My son has a lightning for a couple of years and he thinks it is great. Drives it daily.
Oooooo yay new video :)
We have Chinese motorcycles currently are there no tariffs on bikes?
I think that the X7 buyer from your question would be better off waiting for the new Palisade next year. Way better downgrade than the Santa Fe. If it gets the twin turbo V6 based on rumors, it will be a super nice non-luxury choice.
@ishaansaral502 Thanks, i did also consider that as well, but given the current prices of the palisade with the new refresh i figured a top trip would be pushing late 60’s closer to 70k which i don’t want to pay. Paid under msrp for the calligraphy at about $54k cad and so far so good. The biggest downgrade is the performance, but i also have two toddlers and not exactly racing all the time, personally just enjoy a more sporty drive. Overall it works for our family, we’ll see what the future holds.
In the future we will look back and see thr EV incentives were more a national security drive to bring modern tech manufacturing back home. If China invades Taiwan and secure natural resources in Africa and Russia, we will be dependent on them for most energy and semiconductor technology until the industry is ramped in higher cost areas that are more friendly. That's what we are subsidizing!
Not “most” energy as we will still have fossil fuels.
Solution: Rare earth minerals requirements are reduced 85% for a PHEV versus an EV, probably 95% for a regular hybrid, China stranglehold reduced accordingly. And this nullifies the rationale for the $40B+ continent wide charging station boondoggle. There are critical energy related priorities this money could be put toward.
So much for "free trade".....
I don't think it has been all that free for quite a while. The US has subsidies for their own and complain when Canada has subsidies.
Tariffs should be high enough to level the playing field with Canadian firms that bear the expense of responsible wages, worker safety, & environmental standards; China shouldn’t get a competitive advantage by short changing those values
Not to mention a lot of Chinese auto manufacturers are subsidized by the CCP.
I'm gonna have to watch this one twice, you guys are too fast for me. lol
Santa Fe - I will re-write this as it is hitting close to home - and it is still a working out over the next month anyway - those transmission are a very proven design - literally 100s of thousands have been built by Hyundai and Kia with constant improvement and innovation (reason they are now "wet design" for example). The Santa-Fe got a new generation of software that was faulty - easy fix IF it was not damaged already. So the units being sold now should all be factory correct or fixed upon arrival at the dealer. As a point of interest - Audi - was the company that took the excellent dual clutch design off the race track and brought it to the domestic market. I am pretty sure that Hyundai and Kia looked to Audi to see if it seemed a customer satisfier worth the extra cost.
ADX hybrid would be a good idea.
More power than the problematic 1.5 turbo plus high fuel economy.
Losing the Chinese built Tesla's in Canada will make them even less worthwhile. The US built ones have been so much worse and don't look like they are improving anytime soon.
I wish rebates were equal in all provinces. Of course buying EV in Quebec is much cheaper because combined rebates value reduce Tesla Model 3 to ICE alternative cars.
Quebec has an excess of hydroelectric power. They even export to neighbouring provinces and states. So they are motivated to push electric.
Canada needs its own car brand
Is there any statistics on EV car fires?
I know someone in Montreal who got his NEW grand highlander stolen. I wouldn’t buy this or Honda CRV because of risk of being stolen.
Canada seems to always short on desirable inventory
I think it would be a terrible idea for the UK government to impose tariffs on Chinese-built electric cars.
I’ll be very disappointed if Acura ADX doesn’t offer a hybrid version
They were inquiring about a 2024 Santa Fe, not a 2025 Santa Fe like you showed in the B roll.
That is the same vehicle. It came out in 2024
Please Google and see that the new Santa Fe came out as a 2024 model year.
The EV rebate from Canadian federal government is simply a subsidy to the EV auto makers. I dont see much of a difference here.
Did you see the new ARMADA/PATROL?
❤
We have plenty of Chinese EVs in Europe, the capability and quality of these cars is really quite good.
Politics aside, you guys are missing out on some really nice cars.
I drive a Hyundai btw!
Hey ayzero, if you're thinking about switching from a BMW to the new Santa Fe, I've got the 2019 model and it's really great. But since it's a brand new model, it's important to consider recommendations. I'd suggest taking a look at the Mazda CX70 or CX90 - they look awesome, offer good space, and have a sporty feel to the drive. They might just be the closest match to the BMW.
ayzero stated "2024 Santa Fe" not the new 2025.
@benerodriare Thanks for the response. I did shop around across the board and Hyundai just had a higher value proposition, at 56k for a top trim fully loaded it’s almost impossible to beat that. Just picked up our 2024 Santa Fe and so far so good, it’s no bmw but it’s not slow either with the exception of the split second when you step on the gas and the car is trying to figure out what to do.
The CX-90 has a pretty bad transmission. The seats and suspension also suck compared to the competition. Overrated car that is worse than the Grand Highlander.
Volvo and VW have both scaled back in going full electric. VW just announced they will close two plants in Germany. The all electric futures are not looking positive.
Those plants mostly make the Audi Q8 E-tron, which is an inferior EV to the lower priced VW ID.4. So yes, the more expensive but less efficient EV wasn't selling well. The VW ID series still has decent numbers.
Ah , no! Like Trump said, it’s not an even playing field with China . Stop looking for the cheapest crap and support American companies and Americans
Trump has also called Canada the enemy. I say we Canadians should protect our own and buy Canadian.
@@richardkirchknopf2215 please do
the thing that separates your channel with all the other car channels is that when you have questions, you look for the answers directly from the manufacturers and/or the source. other youtubers just wonder why or ask their viewers to find out (lazy!) and just move on. you guys are fantastic.
I’m in Hawaii, I have my name on a waiting list for the hybrid RAV4 2024/2025. The sales person said it’s gonna be at least the year.
I waited just under 2 years, until my salesman offered me a prime( he couldn't take my order for a prime at the time, only the hybrid) If i waited until their estimate time for a hybrid would've been 2.5 years! And i'm in Canada where the rav4 hybrids are built!.
@@philipf2705 our rav4 supposedly come from Japan
The don’t make the hybrid Rav4 in Japan, only the RAV4 Prime
@@philipf2705 oh is that something new? The salesperson said it will be made in Japan and my 2022 RAV4 hybrid has a VIN number starting with J which means it was made in Japan.
@@cky5573 Maybe Hawaii receives only Japanese built Toyotas because of where they are geographically For Canada and the continently US, Rav4 Hybrids are built exclusively in Ontario Canada
I’m conflicted on the tariffs. Chinese manufacturers have significantly benefited from decades from tariffs and other barriers to entry for Western vehicles. This has allowed them to gain competitive advantage. However, tariffs on Chinese cars in Western countries will discourage manufacturers from innovating. Instead they will go for short term profits. The West is terrible at the long game.
I want the option to get a byd, at least alternative to the domination high price ev vehicules. I think they sit on their thrones making money one our back, look at the price of the Kona EV, like all the others the prices are too high in reality.
Put a tariff on countries that have poor environmental protection and labor laws. That would hit china harder than just tariffs on EVs and more likely to produce useful results.
What watch is Zack wearing?
It's a vintage Tudor Submariner
You two are talking as if there is zero government subsidies in North America for automobile manufacturers. Do you home work and don't just blame the Chinese government. The bottom line is that we want affordable EVs in Canada.
if it's not clear by now, China's economic strategy is to way over produce and then spill that over into external markets. it shouldn't even be a controversy because it's pretty plain that's their strategy. I'm not saying the BYD isn't producing great cars, but they wouldn't be cheap cars without the heavy subsidies.
Agreed. Eventually China will be the pied piper when it comes to EV tech (see. CATL). China thinks 25 years out.
Agree with Zack on the EV situation. Get rid of all incentives. If EVs are so great they should be able to sell on their own merits.
Zach, but if the Chinese were playing fair and not playing with their currency and using sweatshop labour camps then they wouldn't be able to be as cheap as they are. That is why we can't let Cheap Chinese EV's in. When they want to play fair then by all means let them in.
In terms of Tesla, its not even whether the EVs are made in China, its the fact that the ones made in the US has horrendous quality, why should Canadian consumers pay more for an inferior product just because our country doesn't have a backbone against US policies?
You cant really tow with EV trucks which makes me wonder why i would even buy a truck then? No tow, no truck...
I personally would never trust a Chinese made or owned car or phone. Regardless of the price. Mine and family's privacy security comes first.
👍
Many of you have bought iPhones for many years that are made in China and now these Ford and Buick SUVs are being made in China
@Roadbunny777 Have been using smartphones made in Vietnam for the past 15 years and, yes, would not even buy Ford or Buick if it's made in China. Again, I would not compromise privacy and safety.
@@AD-lf9cka lot of parts in your “Vietnam made” smartphone is from China.
The Chinese have tariffs on car imports of 25%
The US did that back in the 80s with cars from.Japan to try and protect the US car manufacturers because they couldn't compete on quality and price. All it did was make it easier for the Japanese manufacturer to sell higher trim levels in the US to.maximize profits. Look at now, there are no midsize vehicles made by US manufacturers
China != Japan - I would never buy a Chinese car for my own safety
The tariffs against Japanese auto manufacturers, caused them to build them in North America. The Camry, Accord and Maxima are made in North America, they are midsize.
@@foxlake6750Exactly! Not necessarily solely about protecting car manufacturers but about protecting jobs for domestic voters. Also very true that Chinese govt subsidies for BYD has a lot to do with their cheaper prices, along with overproduction and dumping of their products overseas to try to refloat their economy since Chinese consumers are now refusing to spend any RMB on anything. As for future Chinese customer market for foreign manufacturers I think that ship has already sailed since their customers are now refusing to buy imports (or anything due to their debt crisis and recession). Which is maybe why Elon has slowly gone off the deep end…
We want zero emission! But we also want to make it hard for everyone.
Make up yer minds.
I like Chinese food. Please don't put tariffs on this.
Egg roll tax
@bigdaddy5150sh71 good one.
Ice engine vehicles have about 15 years left, enjoy while you can!
That's about what I have left so I'm good.
Not fair? I’m a capitalist society? Most items are manufactured in china, Chinese ev should be allowed. It would force auto companies to compete with lower prices. The truth is it could force governments to create infrastructure costing much more leading to less reliance on oil. That is not in the USA or Canada best interests right now, it’s a domino effect. Both countries do not want.
Stop giving thumbs up to the bot posts.
The front light bar on the lightning was probably made by mattel it looks like 💩the rear is nice but the front…. My god its ugly
People never buy a ev only lease
Andrea is that a water stain on the lens near Zack's head?
Honestly the tariffs is silly decisions. Canada should have done what Mexico is doing. Let Chinese brand open factories here. And employ Canadian which improve employment.
In Ontario car manufacturing are disappearing due to us brand decided to move south (to Mexico). We have all the supply chain needed to make ev and we are not trying to utilize it. You can not really stop Chinese EV advancement. And the tariffs is protecting not North American car manufacturer. It’s protecting American car manufacturers. And Canadian consumers or Canadian car manufacturers workers are not being protected from this decision. In my humble opinion.
Tariffs aren’t perfect, but do we really want our laid off manufacturing workers working at Starbucks, if at all?
Its all about protecting the UAW
5:00 The west, as opposed to the rest, is a “high cost jurisdiction.” Less expensive EV‘s, and cars in general, would be great. And there is a strong argument for protecting our industrial base. There’s less of an argument for protecting artificially inflated wages and benefits for assembly Iine work that does not justify it. Once a multi billion dollar manufacturing facility is built unions know they can hold it hostage.
I'm mostly a free trader, but the Chinese Communist Party is not our friend and does not wish us a bright future. You can find inexpensive used EVs. I bought a used 2023 Volvo C40 Recharge for $28K US. Love it! (Designed in Sweden & built in Belgium. 30% content from China.)
My S60 has 25% Chinese parts, but built in S. Carolina. There can’t be many if any cars with less than 15% Chinese parts. 25% is the limit for me.
@@billurban1581 I hear you! The battery pack is a large chunk of Chinese content, but that is true of most EVs. Battery production creates a lot of pollution, so it hurts China in the long run.
Cvts work fine may as well get used to it because that's the way they're going to be. Unless you drive like an idiot then you're not going to like it