Why US Carmakers Wanted The Biden China Tariffs
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- เผยแพร่เมื่อ 20 พ.ค. 2024
- Dr. Jeff Chamberlain, CEO of Volta Energy Technologies, joins Paul Sweeney and Alix Steele on Bloomberg Radio to discuss Volta battery technology and the future of EV's in the US
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US Oligarchs loved "free trade" when they were shipping our jobs overseas. Now that they actually have to *compete*, they want the Government to protect them. Socialism for the Rich, Capitalism for the rest of us.
You're comparing trade policies between nations and companies and citizens lol
@@TheMagicJIZZ lol you're right totally unrelated 🙄....think before you type next time
Yes. Many companies forced their suppliers to compete against low cost foreign suppliers which forced them to off shore their factories where legal costs, medical insurance costs etc were much lower.
Literally.
Anyone who believes America is a free market economy doesn’t know what they’re talking about.
@@TheMagicJIZZ what exactly is difficult for you to understand ?
Why should we pay for over priced EV. This is just like " You can't buy cheap EV because FORD and GM exist. I rather boycott FORD and GM make sure they no longer exist so we can buy cheap car.
They love the tariffs because then they can be less competitive and enjoy being lazy.
cannot compete, impose tariffs.
No. Competition with a country that subsided their industry is not competition. How come the tariffs are not going to affect Japanese, Korean or German companies? Because they are playing by the rules. China doesn’t play by the rules. Besides, the Chinese either steal or copy. There tofu dreg cars are not original neither of quality.
Subsidize industries, get tariffed.
Especially when you’re obviously developing a war economy and calling everyone who doesn’t bend over as your enemy, while assuming none of them understands Simplified Script and Mandarin Chinese.
Article Title : "US offers $12 billion to auto makers, suppliers for advanced vehicles"
@@doujinflip They subsidize their industries AND place 100% tariffs to protect their already subsidized industries. 😃😃
@@doujinflip Oh there's also the $7500 EV incentive per car. So many subsidies lol.
Its not the Carmakers. The American Voters want more Taxes and Tariffs. They wana Pay more Taxes. America is Great.👍
China just launched an electric sedan(IM L6) with a 130kwh semi-solid state battery and 600miles real world range. 0-60mph in less than 3 sec and top speed at 308km/h (191ph) Currently tops the chart in the world on Moose test for production vehicles at 90.65km/hr. Of course it also have autonomous driving on par with the latest version of Tesla FSD.
and its battery is chemically NON-flammable. all for 45,000usd.
Not only Chinese ev tech is superior it is also cheaper, simply because economies of scale and mature supply chains. The EV race is already over, and China has won. Anyone who don't think so is just in denial of reality.
Because its easy for Ford GM Tesla to lobby congress to put tariff of 100% on Chinese Cars. Rather then Competing and make affordable Cars for Consumer. That's a fucking truth
Or maybe negotiate fair pay for workers' unions as compared to Chinese robots and low-wage workers.
No more innovation will happen in the West precisely due to cost for innovation.
@@ThennikaCreations look like communism finally come to USA
@@ThennikaCreationsChinese far better and skilled than y’all . Y’all can’t compete bro
@@johnc1873 not true, Chinese is evil. And bad quality.
Admit it! US just simply can’t compete with China in a normal trade method so Americans have to suffer, instead they can get 8k EV they have to pay 10 times more. What a joke
UN report confirmed u.s just fabricating xinjiang forced labor narrative... nothing is true and demanding u.s to remove the sanction
So which is it...union pride or selling out to a country with little to no safety, environmental or workers rights....at least none that are enforced.
Bc us auto makers cant compeate they want ppl to pay 70k for there trucks and cars not 25k😂
$4k of the cost is medical insurance. Sanctions will keep that percent of total cost increasing
cuz tariffs are the only way these high pay union jobs can survive...
China stealing the technology and selling it back below production price is the only way the Chinese can compete.
100% of Zero = ZERO
It the massive pay of the CEOs that is the problem. You know the big bosses who failed to predict the rise of the electric vehicle market.
In other words, we can charge whatever we want and too bad you guys gotta pay for it
I expect if anyone improves lithium refining costs it will be China … they have a huge head start in the business so they have the best insight. Also China has many competent researchers scientists engineers who have already been focusing on improving Lithium processing.
Obviously the politician here just won’t dare to acknowledge until it’s 0% chance they see without working with China.
Just one piece of information from one of my Chinese classmates： 300,000 RMB (about $42,000 USD) will get you a mid-to-high trim level (plus tax and discount) of the following models: Mercedes EQE/EQE SUV, BMW iX3 , i5, Cadillac LYRIQ, Polestar 4.
Update: Nissan Ariya tops out at $20,000, BMW IX tops out at $60,000
VW ID3 was about $15,000 when I looked last year in China
Great discussion on Volta battery technology and the future of EVs in the US! Really enjoyed learning about it on Bloomberg Television. Looking forward to more insightful content like this in the future!
Potrectionism kills creativity
Especially true with China, whose economic development and “efficiency” stalls as soon as Western knowledge and funds stops coming in.
@@doujinflip LOL that's not even remotely true. The fact is that they have already won the EV market and they did it themselves while the west flounders all over the place. They don't need inferior western knowledge and tech and they have plenty of capital.
Because they cannot compete 😂
Solid State electric batteries will be the next big innovation that pushes EV adoption.
Still comes down to cheaper EVs and faster readily avaliable charging stations.
solid state will appear on chinese EVs way before others
UAW is holding car buying public at gun point to buy their overpriced junk.
You mean CEOs.
It’s a ceo problem.
Why is Boeing failing as an example, why is Boeing a joke
@@user-tt6il2up4o BS, it's UAW. they holding the American hostage with their low skills. half are drug addicts.
You are blaming the wrong people, and the fact that you do is the evidence that Americans are the most propagandized people in the world.
The sole superpower with 3rd world characteristic.🤐
What’s the realistic alternative? Efficient plug in hybrids. The new Hybrid Camry gets about 50 mpg. Add 100 pounds more battery plus home recharging and the Hybrid can go all electric for most urban trips
There's good and bad for hybrid's. The good is you don't have to worry about range anxiety. The bad is you have higher complexity and more parts to maintain. i.e. spark plugs, belts, oil changes, etc basically all the same stuff with an added electrical drive train component and battery. I have a Toyota hybrid and my hybrid battery needs replacing soon. Not cheap.
Toyota ain’t even American cars
If most trips are solely electric, then the engine will not even get turned on for most trips and will last much longer with less maintenance. Toyota makes the most reliable cars by smart management & engineers and dedicated diligent workers. American management is driven more by Wall Street and marketing than engineering. Toyota in general pays attention to maintenance issues and will take battery life & replacement costs into account.
Hence why hybrids are the fastest selling car nowadays. Pure EVs will struggle to sell until at least the charging infrastructure becomes more reliable and ubiquitous.
@@doujinflip the one category that EVs should do very well is a low cost short range small 2nd family car used for commuting and typical local urban trips to the store, etc charged at home.
Cant compete, ban competitor. Cant compete, impose tariff 😂😢😅
Lithium & battery to an EV is like cement & foundation to a house.
by the time these companies come up with their technology, China is at least 5 generation ahead. Average China EV now can travel 700miles
the answer is no. there is no ev in china can travel 700 miles. the reason is those 700 miles claim from hybrid system. some expert said it is PHEV - plug in hybrid ev. there ara 2 type of hybrid. ICE (normal engine car) + BEV, and the other one is BEV with range extender (electric generator powered by gasoline). thats why it can travel 700 miles. the EV system in that PHEV can only travel 70-150 miles depend on the model.
Unless you have been living under a rock.... Chines eV already at 700mile range drove one last month they are solid
@@melaninpapi3461 He is living under the western propaganda rock.
why not look into Stan Meyer's technology of water hydrolysis that he used to run his car for years. That will make internal combustion engines as clean as EVs.
Anyone else diving into Qventi? It’s getting a lot of attention, like Revux.
Better stick with BYD
Where am I going to buy my 60 mpg gas car?
I see Revux doing 50x, maybe even 100x after it goes live on major exchanges.
Shifting my portfolio - heavy on BTC and Revux, with a sprinkle of DOT and ADA.
I'm all in on Revux. Presales have the highest returns, and this one’s gold.
Is that crappy Indian junk…lol
Lithium is king but cost down solutions will be sodium ion.
well, U.S. brand EV cars, might only sell inside U.S. but outside like south east asia these cars might not sell, because the cheapest one is about twelve months salary, so yeah
American makes really need to get past their strategy of premium offerings with disposable quality, and make cheaper cars that actually stay out of the garage.
Anyone else hearing about Qventi? It’s getting a lot of buzz, just like Revux.
The average Chinese auto worker makes around $5,000 a year!!! Look it up! We can’t compete with that nor should we want to.
$5,000 a year is base salary
@@paulzhang1310 I work in the auto industry in China, this number was from the NEW's about BYD. The real number should be $700-$1000 per month for people working on a production line. SQE and other high-skill work are about $1000-$1400 per month.
much higher than $5,000
They make around 120 000 cny a year with all their bonuses , that’s around 17 000 usd a year.
But the Chinese car factories are highly robotic, very advanced production lines. Can’t compete with an “old school” production lines like GM and Ford has in the US, to many people are needed
The Chinese use many robots, they love automation.
Only now you american know your government, your democracy and capitalism freedom whatever you call it?
Biden tariffs were from a play book move from Trump 😂😂😂
Us car manufactures and Boeing are all the same.
Crappy CEOs only interested in their own personal earning rather than the long term business.
Us CEOs highest paid in the world for mediocre or poor performance.
America can't compete with China 😂😂😂😂
Lithium price collapsed
Invest in ASEAN region, infra and manpower ready
Simply trying to buy them time. Whether it will help them when the rest of the world moves on and goes more and more EV while the US try to catch up who knows?
This guy is talking a lot of nonsense, Lithium will not be king for decades to come, anyone who's interested in scientific research knows that.
Yes it will be
It won't be just that but it's mostly lithium ion phosphate
@@TheMagicJIZZ You will be very surprised then...
@@Charles-qe7kc no I won't be
Batteries aren't going to be made up like magic
They stay usually stagnant for decades, sulphur and sodium or aluminium will compete
But for cars? It's lithium not some solid stage Voodoo magic
The idea that some battery chemistry will take over from hydrogen or gasoline from a energy density is a myth
Lithium will be cheaper and that's how it wins
Solid state batteries do not use Lithium.
@@mikhailmamontov2155 Thank you, finally someone that follows the tech trends a little bit...
yep... slapping 100% tariffs on zero chinese EVs and china slapping 25% tariffs on 1000s of u.s gas guzzlers.... i mean who's losing actual business here?
To secure their captured market in US.
Of course they'd want the world's largest consumer market to be captive, where they don't need to compete internationally on price. Duh!
China is a far bigger market than US. China car sales is more than 30 millions last year, while US is only around 15 millions. So its 2:1 ratio
i like this guy
Why?
The USA 😂😂😂😂🎉
Chicken corporate communist tax.
Where's the free market lectured by US to other countries ..
Shame on you shifting the goalpost for protectionism just when you can't compete with Chinese products ....😅
Hogwash..
If Americans can't afford American cars, then they shouldn't drive.