@@clownskill11 Are you referring to the America authoritarian exporting wars killing civilians creating refugees? Throughout America hisory only 16 years America was not into wars. No country can topple America fascism and authoritarian that have killed millions and shamefully talk about human right as lip service.
@@clownskill11 Do you think 8-6-45 was for China only? Or for America to find a test site for her weapon. Good grief! You must be thinking the whole world own America a favor. You should go study history good for your brain
@@Alamak2070 China only successful because of a corrupt government and society enslaving millions - you’ve lost your way - go back to the shelter of your censored world view...
@@thiosemicarbizidebenzoylal2921 Trickle down economic benefits are just around the corner... just wait and see... a few more tax cuts for big corporations and everything will be an american dream.
Im from Saint Louis and I'm very aware. My parents use to talk about how they got around on the trolley system. Automakers lobbied to have it dismantled.
Keep lying to yourself while the commuter rail that does exist is under utilized... this is USA not Europe or Asia, we drive cars with big engines. Tesla and VW partnership coming and then is over for Asian auto makers 🤣
@@clownskill11 I want high speed rail, not some Amtrak that goes chug-chug-chug. I wouldn't mind driving if you Americans built better roads. You can't build high speed rails and your highways are full of pot holes. What are you good at?
@@yutian5884 hey I drive 250 miles daily in a city with high speed rail that no one uses. Sounds like you don’t have any idea about what you proclaim helps 🤣
Things are definitely shifting. America is no longer the leader in many many things. I realized how far behind America was in so many things when I was in Europe for 2 years, yet we’re so arrogant and ignorant of what’s really happening in the world.
the collaboration matters unprecedently now. Hope we could understand each other. Human beings will be united in the future definitely. less hatred, less conflicts and more multi-wins
Imagine what the US would be if the goal was the citizens and the quality of life, not the corporation and greed in General.. what a country this would be
It's because it's not considered that useful or important. And, objectively speaking, it's not. Maybe nice to have in certain very niche cases, but not something that the average Angelino would ever use much. And, since it would cost billions, it would be at high danger of not even recouping its own construction cost. Hence, not worth building. If it were a great economic winner, it would have been done decades ago. The fact that it wasn't should make you question that maybe the economics are different for the US and China. Both the built structure of the societies, the spatial distribution of the population, and the nature of the infrastructure in place (more readily available gas stations make driving simpler) all make driving cars a simpler option for those few occasions when someone in Los Angeles would want to drive out to Vegas. For most middle class people, rushing out to the desert to gamble is honestly not something that pops up that often, to begin with. It's not a pressing travel need. Why should EVERYONE in Cali have to pay higher taxes so that a few people can have easier access to gambling? Not in the public interest.
@@StochasticUniverse rail..public transportation...enable the common people....China build them for connectivity...not for profit...both Tibet and Xinjiang....far remote from the rest of China...isolated by mountains and deserts..now link by high speed rail...
@@ganboonmeng5370 Sure, but that's because there's no other way to get to Xingiang. My point is that we have alternatives in the US. It's easy to get to Vegas if you want to. You can just drive there (or fly, for that matter). The existence of those alternatives alters the value proposition of high speed rail in the US versus other places.
@@StochasticUniverse Of course they build highway first...you can even bike to Xinjiang from Beijing...many foreigner biker doing that..great adventure....but the purpose of high speed rail..is fast connection...convenient...airplane can be delayed...rail...only in extreme condition...America can't build high speed rail because..it is not commercially feasible....the chinese does it as a nation connectivity infrastructure...and cost is of no concern...their government don't hv to spend as much on military and warrring oversea....the trillions...America's spend in the mid east...could build the high speed rail...but...defence lobbyist...put the strings...on the so call democracy !
That is exactly why you are so successful. America needs either a real or a made up enemy to function well. During Cold War, it did brilliantly with education and technology. But now, the country is a shame. It is only capable to beat a serious opponent. But is not capable of competing with "yesterday's self"
shortages in computer chip worldwide was announced last week Car electronics without chip GM will close factories 😎 Electronic in the house will have no profit..NO MORE GREED
Leaders from top to municipal level in China are mostly engineer or construction or water graduates, while leaders of different levels in US are mostly lawyers or politics graduates.
@@bighands69 Please let us know when you realize that the world is not just black and white and that a country can be complex enough to have both excellent and terrible aspects at the same time.
Where do you all think that electricity is coming from ?! China is THE world’s largest polluters of air land and water. They have no EPA to tax the life out of their businesses. They built a new coal powered electric plant went on line every day when Obummer was in office. And continue at a slower rate. Clean? Hardly. Impressive? Nope. Affecting the weather to the east of them. Yes. Taiwan in a drought. Southwest US in a drought.
Lol the video is idiotic of course China has 4 times as many EVs they have 4 times as many people, that has nothing to do with policy. China also beats America in food consumption and poop production. How can America catch up on pooping? China is producing all the worlds poop. Does this have to do with China having the most people of any country on earth? Or is it the superior Chinese poop laws? America must seriously improve is poop production.
They don't have the monopoly on oil that the US does. They have no other choice but to invest in other alternatives. The Chinese wont be as picky with cars either. A much lower percentage of Americans would even be willing to buy those cars just based on their looks.
Another point to add: China has an extensive network of public transportations and high speed rails. People generally do not have the need to drive 2-3 hrs inter-city/province travels for business or for leisure, most of the automobile usage are for daily commutes, which successfully avoided the current shortcomings of EVs (charging time).
@@UCLAfilm01 ikr...those Democrats...they care more about people south of the border than US...And look at all the mass murdering events happened after his inauguration. Not to mention printing money to indirectly bribe the voters...OMG
Indeed. Our economic and political elites are hoarding wealth and power and its hurting our prospects for the future. When billionaires started buying bunkers I knew our days were numbered. The elites have no plan to change course. They rather destroy everything and escape to a bunker than actually having a short-term loss that would yield a bigger long-term gain. And the people are way too fanatic with their political party and too entertained to do anything about it so I guess we’re destined to fall. Oh well!
lol facts. They are building infrastructure like crazy. Even creating homes AND jobs for villagers. China doesn't just give the villagers a bunch of fish. They also create the infrastructures and the training to teach the villagers how to fish and support themselves. Chinese Government are investing heavily on the people. You can hate China all you want, but facts are facts. They are doing a better job. In the US it took 10 years and $90 billion dollar to build 1 column of a high speed rail. China in 10 years build HSR tracks all across China and whopping speeds and reliability. Creating more jobs along the way. Remember when the US said the Chinese HSR would fail? That no one would use it? Will, not only do locals use it, people who are traveling to China also use it, like a cheap roller coaster ride!
As a Chinese,to support environmental protection, I recently sold my Mercedes. I plan to buy an electric car, and the Chinese brand is really the best choice, better than Tesla.This is not advertising, because there are many brands in China, including high, middle and low grades.And the appearance is very good.
Yeah, you know the railroads did the very same thing 150 years ago when making the connectors for their rail cars so that any railroad can carry any car across their tracks. This is nothing new, just being practical.
China has multiple points on why they sell so much electric cars. 1) they are making cheap as well as expensive EVs. You can basically get an EV for every pocket. 2) incentives. As pointed in the video, they subsidise a lot of the price to help move from the tradicional ICE engines. 3) public transportation. You can move around town, between towns or cross country with planes, trains, metro, electric buses so you dont need a car to travel the 1000 km between destinations.
Apart from a little bit prolonged incentive programs, they are actually moving toward regulatory requirement that simply forcing automakers to sell a lot more EVs.
Apart from a little bit prolonged incentive programs, they are actually moving toward regulatory requirement that simply forcing automakers to sell a lot more EVs.
@@Aaron-bh5cp He means Chinese govt. forces buyers to buy EVs instead of ICEs. Govt. made harder ( expensive with lottery system) to get ICE licence/number plate of car. For many evs u don't need to licence cars immediately. It’s even harder to get dealership licences to sell ICEs or open new ICE showrooms. Besides, govt. isn’t supporting ICE makers for their future economical growth & ordered all ICE makers to go for ICE by certain times otherwise they will face serious consequences. Besides, EVs got Direct govt. mone(tax payers money) aka investment to make evs , also people who buy evs get tax cuts & licences very easily. Ev dealerships & showrooms get permission easily. EV companies enjoys some sort of tax holiday.
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I wouldn't consider an EV unless you can charge at home or work. We've had EVs since 2013 and charge at home. The only time we ever need a fast charger is when we go on road trips. Tesla superchargers have been the best but Electrify America is also coming along for non-Tesla cars. If the car you are looking at qualifies for the tax credit, I would also suggest looking at leasing since it greatly subsides the payments. We were able to lease two BMW i3s for a net cost of less than $100/month back in 2014.
Why don’t they just go down into the hidden layer in the basement where the ark of the covenant is stored, and find the Dusty plans for the hundred mile a gallon engine?
4:53 "The amount of funding that has been poured into the [BEV] industry is mind boggling." Let's not forget the US5.7 trillion dollars [trillion, not billion] that ANNUALLY is given as subsidy to global oil industries. Thankfully, that is starting to drop. Against that though, BEV funding is a drop in the ocean.
@@thomasthumim7630 I do think private economy is a good thing and China has learnt a lot about it from the US. But sometimes mild government manipulation is not a bad idea, and I don't think that's a socialism specific thing. Capital tends to be shortsighted even if they know that's the right thing they aren't willing to put any efforts because they only want to make quick money. The real danger of government manipulation is sometimes you don't know exactly what's the right thing.
@@plinyelder8156 you been saying china will collapse for over 20 years now yet their economy is getting bigger and will overcome America as the biggest economy in 10 years. It's funny that most name brand "good quality" products are also made in China. There's a saying in America which is also applied in the Chinese production companies and that's you get what you pay for. However, china is talking a step further and bringing in quality products for cheap. This is what is killing the American economy.
Currently, the top ten sales of electric vehicles in the Chinese market are all Chinese brands, except for Tesla in the United States. Not only that, China's electric vehicle lithium iron phosphate battery production has accounted for 80% of the world, and China is one of the world's largest electric vehicle markets.
who dont have habit of invading other country? China expand it self 5 original size since ancient...You know Han people are the north of the River, right? Tibet and Mongolia invaded in 20 centuries. India land, Vietnam, and Philipine, Japanese, Taiwain island in last 10 years....I bet either you dont know or you think those belong to China too.
@@nicetry3381 Yup another nationlist CCP think China is the central of the world and the world belong to China.....Go ahead and cry when similar Mongol, Manchu and Japan to take over your country again
China is the world's 5th or 6th largest oil producer. China exported oil to Japan for infrastructure during Deng era. they import some and leave some in the ground for the next generation.
It’s like a game using cheat codes, it’s easier to get a head when you have a government forces companies to do stuff. And what I mean by cheating is they let domestic companies get ahead while out of country foreign companies have limitations. And not just US companies but other companies around the world that try to get ahead in China when the Chinese government puts limitations. But with that comes The downfall of quality of living.
@@Anomize23 quality of living is actually high in China. Things are cheap and cost of living is low. They also have the largest middle class in the world.
@@TheRedc0met No that is Corporatocracy and the reason why the US has so many problems. ie going to wars every five seconds and not granting Universal Healthcare like other countries because pharmaceutical companies profit from it.
@@joanfrederick9176 Why so? So are you proud using your chinese made Iphones? Tesla's batteries are made by CATL, also a chinese company, will you still be proud of your Tesla? What makes the quality of the product is the machine and know how; not the territory. You can have excellent machines in china or mars and the correct know how from any part of the world and you can make very high quality products. Lets say if we take Steve Jobs and make him live and work in china or mars, do you think the idea that he conceives would be worse off because he is in another territory? People need to change their way of thinking that chinese products are inferior. China has prolifierations of factories creating the lowest quality to the highest quality; when the client have a very low budget, without a doubt, the product would be of a low quality. Without china's manufacturing prowess, most of the things that you use in the US would be 2-3x more due to US high min wage and tax disadvantages in comparison with china. Because of cheaper labour, you get to enjoy quality products at a cheaper price.
@@chillilover8345 exactly, also Toyota vehicles are known for their great assembly line.. which had 25% defects that dropped to only 5% defects once it was sourced out in china. Pay good you get good pay less and you get less. So really China has nothing to do with this.... it's the companies that don't want to pay fair money for a fair product and that's what they are offering their consumers.
@@chillilover8345 I live in South Africa and we have a few Chinese vehicle and I am not impressed at all it's better to buy any other make preowned vehicle than buy a new Chinese vehicle
Everything in Costa Rica is Chinese, the football stadium, police motor cycles, the cloths on your back and the Chinese are trying to build highways and lots more. Watch out Costa Rica, you could be in for "debt diplomacy"
US auto industry raised enough barriers for anyone to enter into the US market. While this is good for auto industry itself, it is questionable whether this is good for US consumers or US competitiveness in long run. Meanwhile, US auto makers can keep making ICE cars and ignoring carbon emission goals.
I guess US gov needs to protect their oil companies. As you know, their capitalist are so powerful and so rich, basically the gov works for them. It has nothing to do with democracy or human rights. It is all about money and profit for the top few %.
@@dlewis9760 The oil trading business is a mess made from politics and business deals. The US produces more oil than it needs, but at least according to eia.gov, 17% of Iraq's oil was being sold to the US as of 4 years ago. Interesting info on imports and exports here: www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php#:~:text=Even%20though%20in%202020%2C%20total,and%20to%20supply%20international%20markets.
I was born as raised in china and a university student in Boston but I went back to china since covid broke out. Objectively, I would say in mordernized regions, the life in china is no difference to such life in Boston. We care normal things just as any other people in the world are caring about. Talking about EV, in my hometown, at leasy half of the buses and over half of the taxies are already electric, and since the gov put tax incentive on EV buyers, low-wage workers are always fond of those domestic brand, also considering the low price of energy.
I’m a Chinese born and raised in Boston. One thing I could say is China’s cities and infrastructure is much better than the ones in the US. Busses are better and the subways don’t squeak or break down like those in Boston.
@@ASS_ault yes, that’s definitely true. But in China, people pay great attention to maintaining infrastructure as well. In the West, it’s more of just let it fall apart so maybe one day we can build a new one
It is easy to build a car for $4000 when there is an unending supply of slave labour and concentration camps. All those wigs that come from China are made out of human hair from concentration camps. Children's toys that come from China have toxic levels of chemicals in them and guess what it is children in China who are working to manufacture the toys with toxic chemicals. The next time you see a toy that has made in China just think a child probably has been poisoned to make that little toy.
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
@Innocent Kelvin It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
@Fredrick Williams Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@@UCLAfilm01 that might only be true for crash performance and data privacy, in Chinese EV's sold outside China. Their other aspects will be good value, idk how much based on stolen manufacturing+tech methods
@@ilovemorroco7208 that's why so many Chinese still study outside China? Even when Chinese schools are good, the competition for admission to them is insane
A marathon runner is getting outrun by their competitor, and demands that competitor to slow down and accuses that competitor of cheating. May the best runner win; if a runner can’t keep up, don’t enter a marathon and expect others to hold themselves back for another competitor.
I assume you're referring to the way in which China requires foreign companies (other than Tesla) to form 50-50 "join ventures" with Chinese companies, right? They won't allow foreign companies to compete on a fair and level playing field with domestic companies in China. The CCP has always been extremely protectionistic towards its precious domestic market and zealously defends it against any foreign company that might actually become a threat. They usually force foreign companies to transfer their intellectual property to the Chinese "partner" in the joint venture, as well, and then that intellectual property is used to compete against the foreign company, not just in China but all over the world. This is the formula that China has used repeatedly in multiple different manufacturing industries. It will likely not work when it comes to EV building, though, because most of the innovation is being done outside of China and foreign firms are finally starting to wise up and refuse to cooperate with joint ventures if the likely result of that "cooperation" is that the company is just signing away the fruits of their research on a delayed basis to a future Chinese competitor.
@@StochasticUniverse You know what they say, if you're unhappy in a marriage, just get a divorce...instead of keep coming back to the relationship and hoping, expecting, or forcing the other person to change and accommodate you.
Why is the US always concerned in comparing and competition with a need to WIN attitude against China? The US chooses to pour all it's resources and secure it's win in the military industry sector. It has done so well that the next seven countries combined can't compete with the United States! You can at least feel good for that. 👍
@Rustic Box. You are mistaken, like any good old GOP voter, you believe in 19th century things. All of the USA military power counts for nothing. The wars are fought in the minds of people, not on battlefields any more. Russia and Steve Bannon managed to get Trump as your boss against his own will. America has been split into two, thanks to foreign intervention that has been going on for decades and Donald Trump managed to shut down the ONLY defense against it, i.e. the anti-hacking units of the CIA and RSA, because he thought it would help his re-election. The USA is lost because of the deeply inplanted lies they believe in. This has been going on for decades, by the way. I have been able to trace it back to 1984.
@@charlesvanderhoog7056 then why does it bomb so many countries? Especially the Middle East. How many countries in the Middle East has China bombed or attacked? How many African countries? Europe? South America? Which countries have China attacked in the last 50 years? 100 years? 200? How many colonies do they have in Europe? Africa? Asia? The America’s? Carribbean? Anywhere? Grow up and stop defending them just because they’re white. Or do you have some other reason to hate a country that is trying this hard?
China's car or any vehicles will never be successful in the Phil.why?they are all disposable..small gadgets like cigar. lighter or FM modulator etc is just fine as disposable but vehicles no way...
@@themarbleking So you want to say you are so proud seeing your american government bombing Nations across the World? Innocent Countries? I can imagine how USA will be in 2035 . USA will be destroy. Mark my word
@@ilovemorroco7208 Our countries infrastructure is just older because China is catching up with New technology now. Let’s not be too ignorant. China was nowhere near what we were 100 years ago. This is the same thing as a little kid saying “We want to be better than the older generation” sit down little one, you’re still learning from the best :p
@taladuga picpwaspwat And engines and transmissions and the R&D cost in engineering and improving and updating (no OTA upgrades for engines and transmissions) them beyond their competition is by far the most expensive component of ICE vehicles. In less than 5 years, the cost of a battery pack and electric motor will be unequivocally less than a comparable ICE and transmission and continue to drop as the technology improves as it is a far less mature technology than the ICE and transmission. No the biggest issue will always be battery supply. No matter how much the battery technology improves and the cost efficiency of production, if only 10 million battery packs a year can be produced in the next 10 years up from the current 3 million battery packs produced in 2020, EVs will never be able to be the dominant vehicle sold in a 100 million annual and growing vehicle market, with China taking the large majority of batteries and Europe taking the next largest chunk. The US market is about 16 million new cars a year and they could only acquire almost 300k EVs in 2020 with waiting lists. In a couple years, the vast majority of people that can afford an EV and actually want one still won't be able to buy one because of availability...
@@441meatloaf Yes, there's still isn't an AFFORDABLE EV for the masses that appeals to the average American that wants SUVs and pickups. The Model 3 is a decent looking car, but it's basically a sporty sedan, so limited in its appeal. The Model Y is ugly and low on utility (useless third row and negligible towing), but priced way more than a decent midsize ICE SUV, let alone a compact SUV. They're both about $50k+ with no haggling and no more tax credits. The Bolt, Leaf and ID4 are not impressive. Neither are the Niro and Kona. The Ioniq 5 might also be over $50k (like the Mach E) and will be very limited and it's currently banned in the US. The Polestar 2 is almost $60k and also very limited. Right now there is not an EV for everybody, literally (availability) or substantially (cost and suitability)...
Yea their solar panels are everywhere, in the sea,desert,mountains,river.. Have you seen that mountain that been covered by millions of solar panels? it's dope but kinda jarring to see,, their led building electricity is already clean energy from these panels and wind turbines basicly they are going for unlimited energy except for yesterday the river dried up.
With the current rise in the bitcoin price, you get to realize so many people are still waiting for the bottom before buying but in reality, there is no bottom until the asset is actually out of it.
This is US and China story: Kid A and Kid B are both smart kids. Kid A used to be the smartest kid in the class, while Kid B is a close 2nd. Then Kid A started using his time and energy playing games (wars), Kid B devoted his time studying. One day kid A discovers that Kid B is overtaking him the smart ranking. Instead of trying to make himself better by studying harder, he goes and tells kids C, D, E, F & G to stop borrowing books to kid B doesn't get any smarter. Kid A started whining '' Not on my watch'' ''Fair competition''.
Nope, wrong... Kid B decided to get smarter by stealing Kid A's homework... China runs massive corporate espionage... Remember the massive hack they pulled on the US last year? China excels only at stealing science that the Western world creates.
The way Tesla, an American company doing superb business in China, it shows that there is always a scope of cooperation between the 2 superpowers. War is never a solution, only peace and mutual cooperation is a way for humankind.
@John Doe Extraordinary claims require extraordinary evidence. So far, all I've seen from the US is the same kind of weak hear-say they used to peddle the Iraq WMD narrative in 2002/2003.
@@someoneelse7629 Why would a car made in China for Chinese market need to meet Us/European standards? Sort of a common sense question your asking there. But from a logical guess and its 5k price point, i'd give it a resounding no.
US is reluctant to admit the fact that the free market system cannot do everything. There is a role for the government in supporting and catalyzing the adoption of new innovations. In fact, US lead in technology starting in the 1950s owed a large part to government funding in NSF, DARPA etc... but it is politically risky. The other big political obstacle would be the special interests representing traditional fossil energy industry. I think US will get entangled fighting itself while China will keep progressing.
they cant reach from one city to the next on one charge in America. people simply don't want them. Also, in America they would mostly get charged from an onboard petrol generator, simply put, motorists paying less tax, not a priority. The OBiden GVT also simply doesn't want a spotlight on how few Americans can afford a new car. Or the number that are more reliant on a large pickup.
I've owned an EV and have solar panels and a wind turbine in my yard and pay $0 electric bill and $0 for gasoline and save: ~$2,000 a year on electric and gas bills. Not sure how ANYONE could go to a car dealership these days and buy an ICE vehicle, just makes no economic sense. All vehicles will definitely be EV's in the near future and all homes should have solar, it's a no-brainer.
How ignorant of you. Maybe we just don't want to own EVs because they are not yet a fully mature technology. Just because it works in Chinese cities and Norway, doesn't meant it will work everywhere.
As a Japanese, I feel real pity that Japan has not even been slightly mentioned in the video... We have been seriously behind in most areas of global standardization. I however feel a bit of empathy to "fuel cells" that has long been explored by Toyota. Hydrogen may be too difficult to handle, but if the global R&D investment has been as heavy as that on solid batteries, then the tech might have taken off with methanol.
actually hydrogen has been quietly undergoing its own tech boom we are working on solid hydrogen fuel cells now that solve most of the issues with hydrogen they store the hydrogen in a solid carbon nanotube matrix that allows for the hydrogen to be stored safeley it cant ignite it does not need to be under pressure it does not leak it can be charged (or filled i suppose) infinatley with no degredation in performance it might even become a thing that we dont even bother charging EV's anymore we may just end up pulling into a gas station pulling out the spent hydrogen fuel cell putting in a new one and the old one gets sent back to be refilled
the key to dominate the EV market is to build small, affordable EVs for everyday use. Most people use their cars to commute between home and workplace. Such cars don't need huge and expensive batteries, and can be charged rapidly even with low power chargers.
Also, I know a lot of work was being done some years back on cars with replaceable batteries. So you could have an extra, large battery that you kept charged and swap it in if your main, smaller battery got low. This would allow people to make longer trips on demand and would also allow people to bridge longer distrances between charging stations in more remote areas.
@@amwill8929 it already lost it´s position when you think about the future, bc german car makers mostly build luxury EVs which most people simply cannot afford, china on the other hand has massive factories and produce cheap EVs most people can afford.
US is coming up with new EVs but all of them are super expensive like 80k-100k range.... In China most of EVs are normal looking cars costing 20-30k. Edit : I was talking about newly coming cars from Hummer and Rivian, Tesla do provide relatively affordable options from 35-55k.
Do we really need all the expensive bells and whistles though? Even regular cars today are expensive because people want all the flashiest and newest gadgets that just drive up the prices even though the quality of cars today is just hard plastic and cheap metals. For me, I need a car that is affordable and gets me to where I need to be. I don't need the flashiest and newest gadgets just to flex. I will gladly take a normal looking car.
People in the US and other Western countries oppose full automation which would significantly decrease cost of production of any product by get rid of most human labour inputs other than having other 3rd party companies employees servicing and maintain the equipment as needed.
4:37 Its all supply and demand which US auto companies rely on mostly to drive sales. Not entirely, but the US ev market is not nearly as "inorganic" and "incentivized"as the Chinese EV market.
the real problem here is... their engineer is becoming more advance, formal and side road engineering will make all the society smarter in this EV world
We need another “Sputnik” moment in the USA. We were behind USSR with the space exploration in the early 1960s, but USA leadership woke up and started investing in science, education and massive innovation. Chinese child would like to become an engineer and maybe an American child aspires to become a TH-camr.
I'm not american, but yes, China is looking to be capable to surpass the US in 20 years. In at least a few technology areas. I'm european, so we are even in a worse situation. Time to put the eggs in the best place or suffer the consecuences.
Good governance is the key. The Chinese government is an envy of the American government. If we can borrow the Chinese government for 4 years and then 4 more years, the situation might be better. Trump is old and a populist who tweets better than anything else he does. Biden is old and fragile. Both presidents are OLD. Both administrations are hostile towards China and refuse to learn from China and Chinese government. Who will be the next president?
I think the problem is that ev's in the USA are mostly geared/advertised to wealthy individuals. It's almost like a status symbol. If you drive an electric vehicle you most likely were able to afford it without heavily impacting your annual income.
Fact is,money is not considered as a motive, it is just a token for effort. A bit of paper, but it gets the job done no limits to cost. It’s hypothetically just a weapon .Some take money as God. China , it’s a tool to achieve. Showing the World it can do anything at any cost. Like go to the Moon or Mars, cost. . ..? Just Do it. ,! Get on board , the World should not be run by only GREED.
Think of the past, The most advanced people and the names come down in history. Those of Atlantis, destroyed, for being too advanced, out of sinc, with most others. Sumerian’s gone where, Etruscans too.
The Earth is not for ,who is best, it has evolved, not as required, just to power and greed to out control all other beings and creatures on it. Time to get outside and look in at it. Where are we going, Chinas showing us a lesson of how to advance. Control of its population, by the most educated old people , with the ability to see where next. Even tho ‘ they will not be alive to experience it. All the brains needed to do it right for future , not greed now and to hell with the others. Life on Earth needs attention to the Planet and all that exist on it.
I'm a retiree with modest saving and social security our chevy bolt at $25000 after the tax credit allows me and my wife a cheap way to get around. People tend to buy a lot more car than they need. When we were younger our family car was a ford escort. It got the job done.
Interesting to watch this video 10 months after creation. To see Chinese EV automakers pulling even further ahead. The GM Bolt production being completely stopped and all vehicles recalled. Legacy auto is too slow in adoption to realistically catch up.
@joann Loves CountryLife Oh boy, another idiot who knows nothing about EV's. I should just write a copy and paste engineering essay for you dubasses so I dont repeat myself. EV Trucks are not only better that ICE ones, but even a basic cars that we've had around for years like the Model S with a trailer could pull a ton no problem.
Canada hasn't caught up yet, but today they are selling Kia/Hyundai EV's right now. Check the dealers. All dealers have 100% vehicles now including Hybrids.
The Chinese data is misleading. Millions of their electric cars being sold are no more than glorified go carts that don’t go faster than 35mph. Those shouldn’t be counted as cars, but should be counted as a scooter or moped.
While everyone in America was trying to keep up with the Kardashians, the Chinese decided no smart person left behind ...And made sure that if you weren’t an idiot and had the potential you were given the opportunity. Now you have decades worth of a highly educated workforce who are motivated
What do you mean by "dominate"? They just happen to make and sell more of them at the moment. What's with this US anxiety about being beaten or controlled all the time.
america's economy is capitalism based, a tenet of capitalism is competition, being a strong competitor guarantees economic success, an economically successful country means more capital available for its citizens, how do you not understand this basic concept?
@@bleepbloop7039 Missed his point. This isn't really an issue yet. They sell more electric cars, but the United States car industry is far more mature. The average price of a new car in china is $9000. The average car price in America is around $39,000. Electric has shortfalls that have to be addressed before people will happily jump into them. The market can bear it, but the tech and people willing to buy it aren't there yet.
@@Ace-Brigade so sorry to hear bro. Did you buy at the high or did you miss your opportunity to sell in the 60s? Long term I think it will reach new highs and touch 80 maybe end of year
@@TransConBrilliance I still have it, just bought around $50 and then @ $40. Whole EV sector has been brutalized lately. I'm down like crazy. Oh well buy amd hold for the most part
The fact that the average new car sold in the US cost over $30,000 last year says a lot about people's taste when it comes to the market. Yes, I do agree that we need to start seeing more electric vehicles under $20,000 for it to really pick up steam in the US, but the fact of the matter is most people buying new vehicles on the market will still sell out $40,000 comfortably for a car, but it's still has still predominately been gasoline and Diesel powered trucks and SUVs. Now, with electric pickup trucks and SUVs coming out over the next year or two, that can change in terms of sales. But the main hurdle beyond that is of course charging infrastructure, particularly for those who cannot charge at home, as well as those who swear up and down that they wouldn't be caught dead in anything that isn't powered by a big ICE engine with a loud exhaust out back.
@@jlcii There are so many expensive cars running on the highway in the US, meanwhile most American don't have more than 400 dollars for emergency, according to some data. Amazing.
@@citytianyu Medium income in the US is $60,000 and in China the medium income is about $3000 (nobody actually knows the real figure). So can you tell us what the medium income is in Chinese concentration camps?
Trust no one, every country for itself. look at the wealthy country on their Covid diplomacy, it's pathetic. But like how Europe works together up to a certain extend we Asean should work together to improve our standard of living rather than support some country far away across the ocean.
@@UCLAfilm01 Because they are able to sell those so called low quality electric cars for a decent price all over the world unlike the USA which they offer limited, expensive, ugly, and low qualitity cars (present dar cars).
I drive about 10 kilometers to work every day, 20 kilometers to and from work, a total of 600 kilometers a month. I only need to add electricity once a month. I rarely travel far away, so if the battery life of an electric car can reach 300-400 kilometers, I don't think it will cause me any trouble.
The west loves to talk about free markets, but the funny thing is, we will likely never see Chinese evs in here. Our economies are not confident enough to see that.
No. It’ll probably happen here pretty soon. A big reason it is popular in China is because it’s government. Here soon it will forced on us too probably.
You do realize that in China only the rich are allowed to drive, and even if you are rich, you can only drive on certain days out of the week right? The fact you are actually comparing the US to communist China is hilarious.
I don't think it matters much whether one country or region is beating another, what really matters is getting more EVs out there in general, making them more affordable, providing the necessary infrastructure to ensure ease of use and widespread adoption, and, ultimately, the complete phaseout of ICE vehicles. This needs to happen *everywhere*, and it needs to happen fast.
I don't know. If misreading statistics were racist. You'd be a Nazi. Sorry buddy. No hard feelings. What do you think? If 2/3 of the Chinese earn under 2.00 a day what good is an EV. In 1880 the US built the railroads. In the excitement they over built. Led to a serious economic downturn. 1929 was about over investing which led to the great depression. Then after the crash massive govt programs caused the depression to last a lot longer than it had to. Poor China lives to over invest borrowed money. And many fear things will turn out badly for China. The banks in China are failing. The guy whose in charge of printing currency was found to have a ton and a half of currency in his home. People bought homes and are finding the housing is not being built as promised. Chinese education needs to be reformed. Finally do you know what the dictatorship of the proletariat entails. Public executions. Things most of us would find repugnant. I feel bad. When everything doesn't work out a lot of people will be let down. As a skeptical conservative people like me will be persecuted by the left. Christ look what they did to Donald. SLOW DOWN.
US was busy in fighting war at wroten places like Afghanistan etc for last 20 years or so and China was developing technology and investing heavily in research and production lines. Minding own business made China ahead of some one who minds everyone's problems except own.
9:07 This boggles my mind. The govt let’s companies do whatever they want. The first step was setting a standard for charging EVs, from connectors to the actual stations. Should’ve done the same with cell phone chargers too.
Of course, any country could dominate the U.S. with smaller and more efficient vehicles, EV or otherwise. Where I live in NYC, people seem to enjoy driving oversized gas guzzlers. I suppose they equate vehicle size with wealth and they need to impress other people/friends/women/neighbors, etc. Also, the more powerful the vehicle, the faster they can get from traffic light to traffic light. I have neighbors who drive fairly large SUVs and there's usually only the driver in them. There's also this weird trend for white-collar employees to drive pickup trucks without having any payloads. Go figure. I can't imagine any of those people buying smaller EVs unless the government forced them to. I'm 73 and I get around on my two bikes and a dual-motor electric scooter. I also have my senior transportation pass. I could easily afford some high-end vehicle but I like the exercise although the roads in NYC are in horrible condition. Still, I can easily food shop at local stores. Being retired, I simply don't need to own a car anymore. If an EV the size of a smart car was available with a true range of 100 miles, I might consider it but I still don't even need that. Anyway, I suppose real men have to drive large and expensive vehicles to make themselves feel they're living the good life. Me, I enjoy riding my bike for miles and that makes me feel I'm living the good life.
The main issue, China is focused on long term while USA is focused on next election
"You have gained 5 social credit points"- The Chinese Government.
@@MarinelliBrosPodcast lmao 🤣 all the Chinese bots inc
@@MarinelliBrosPodcast If it is a mistake to praise others, then I think you should live in Nazi Germany.
@@pykejack6198 Why the F do you say that?
US is focused only on bashing China
In Shenzhen 100% of taxis and 100% of buses are EV. Many Chinese cities are catching up with converting public transport and taxis to EV
Authoritarian fascism in action! Someone’s uncle getting rich rich!!
@@clownskill11 Are you referring to the America authoritarian exporting wars killing civilians creating refugees? Throughout America hisory only 16 years America was not into wars. No country can topple America fascism and authoritarian that have killed millions and shamefully talk about human right as lip service.
@@Alamak2070 your not wrong man China need a history lesson starting with 8-6-45
@@clownskill11 Do you think 8-6-45 was for China only? Or for America to find a test site for her weapon. Good grief! You must be thinking the whole world own America a favor. You should go study history good for your brain
@@Alamak2070 China only successful because of a corrupt government and society enslaving millions - you’ve lost your way - go back to the shelter of your censored world view...
East Asia dominates 95% of battery production
US: Seems like a threat to our national security. **Slaps sanctions
That must be made by Uyghurs. Another sanction on the way
@@dennislx2817 US should open their border for uyghur refugees they know how to build battery for ev
Reagan created modern China with deindustrialization of the United States, and no way back from it.
@@thiosemicarbizidebenzoylal2921 Trickle down economic benefits are just around the corner... just wait and see... a few more tax cuts for big corporations and everything will be an american dream.
China also dominates slave labour, concentration camps, Organ harvesting and murder of babies.
This fool hasn’t seen Nio yet. Nio is a quality product.
its good, Tesla is still better.
@@odisy64
You ever been in a Tesla? Imao.
@@SMGJohn is that what it takes to impress you?
@@alexleanh wow that list is dumb, they complained about the speedometer being on a big screen so i stopped reading.
@@alexleanh HAHAHA, I kept reading to see how dumb the list could get, the "trunk" not being "big enough for tall people" made me lose it.
People have no idea how much the giant energy and auto makers lobbied to eliminate public transportation and clean energy development.
yeah just look at the 0 miles of high speed rail
Im from Saint Louis and I'm very aware. My parents use to talk about how they got around on the trolley system. Automakers lobbied to have it dismantled.
Keep lying to yourself while the commuter rail that does exist is under utilized... this is USA not Europe or Asia, we drive cars with big engines. Tesla and VW partnership coming and then is over for Asian auto makers 🤣
@@clownskill11 I want high speed rail, not some Amtrak that goes chug-chug-chug. I wouldn't mind driving if you Americans built better roads. You can't build high speed rails and your highways are full of pot holes. What are you good at?
@@yutian5884 hey I drive 250 miles daily in a city with high speed rail that no one uses. Sounds like you don’t have any idea about what you proclaim helps 🤣
Things are definitely shifting. America is no longer the leader in many many things. I realized how far behind America was in so many things when I was in Europe for 2 years, yet we’re so arrogant and ignorant of what’s really happening in the world.
too much politics in US.
@@wilfredocortez8327 so called politics are interests for certain groups.
They were good at the Dream, is a wish your heart makes , etc.
America is STIFLED by aggressive right wing bias. America is doomed.
the collaboration matters unprecedently now. Hope we could understand each other. Human beings will be united in the future definitely. less hatred, less conflicts and more multi-wins
Wow, I'm so surprised. It's almost like spending trillions of dollars on wars for oil was a bad investment. 🤔
Imagine what the US would be if the goal was the citizens and the quality of life, not the corporation and greed in General.. what a country this would be
So which country wants more likely to beat other countries? China or USA?
Gold
War is money.
Bulleye!
The US cant even build a high speed rail from LA to Las Vegas 😂, China has thousands of them
It's because it's not considered that useful or important. And, objectively speaking, it's not. Maybe nice to have in certain very niche cases, but not something that the average Angelino would ever use much. And, since it would cost billions, it would be at high danger of not even recouping its own construction cost. Hence, not worth building.
If it were a great economic winner, it would have been done decades ago. The fact that it wasn't should make you question that maybe the economics are different for the US and China. Both the built structure of the societies, the spatial distribution of the population, and the nature of the infrastructure in place (more readily available gas stations make driving simpler) all make driving cars a simpler option for those few occasions when someone in Los Angeles would want to drive out to Vegas.
For most middle class people, rushing out to the desert to gamble is honestly not something that pops up that often, to begin with. It's not a pressing travel need. Why should EVERYONE in Cali have to pay higher taxes so that a few people can have easier access to gambling? Not in the public interest.
@@StochasticUniverse rail..public transportation...enable the common people....China build them for connectivity...not for profit...both Tibet and Xinjiang....far remote from the rest of China...isolated by mountains and deserts..now link by high speed rail...
@@ganboonmeng5370 Sure, but that's because there's no other way to get to Xingiang. My point is that we have alternatives in the US. It's easy to get to Vegas if you want to. You can just drive there (or fly, for that matter).
The existence of those alternatives alters the value proposition of high speed rail in the US versus other places.
@@StochasticUniverse Of course they build highway first...you can even bike to Xinjiang from Beijing...many foreigner biker doing that..great adventure....but the purpose of high speed rail..is fast connection...convenient...airplane can be delayed...rail...only in extreme condition...America can't build high speed rail because..it is not commercially feasible....the chinese does it as a nation connectivity infrastructure...and cost is of no concern...their government don't hv to spend as much on military and warrring oversea....the trillions...America's spend in the mid east...could build the high speed rail...but...defence lobbyist...put the strings...on the so call democracy !
all of them falling apart, and powered by coal... try again
We don’t want to beat any country, we just want to surpass yesterday’s self
That is exactly why you are so successful. America needs either a real or a made up enemy to function well. During Cold War, it did brilliantly with education and technology. But now, the country is a shame. It is only capable to beat a serious opponent. But is not capable of competing with "yesterday's self"
@@rutous9031 Our country still has 600 million people with a monthly income of 1,000 yuan RMB; everyone still needs to work hard
THIS INDEED IS A LIE..so why are their numbers so much higher than anyone else?
shortages in computer chip worldwide was announced last week
Car electronics without chip GM will close factories 😎
Electronic in the house will have no profit..NO MORE GREED
By "we" you mean the Chinese people. When we say "China wants to beat other countries" what we really mean is the CCP and Xi Jinping
Shenzhen electric buses: +17000
Usa Electric Buses: -500
The USA is a garbage compared to china because china is the wold's smartest country after Singapour
@@ilovemorroco7208 free speech without getting kidnapped by chinas government is a thing in the us
@@user-jc2in3cp3g
🔪🔪🔪🔪🔪👞👞👞👞👞
@@user-jc2in3cp3g
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸👎👎👎👎👎
Yes! Buses were never mentioned! Made no sense to me.
China is focused on doing what they promised. The US is focused to protect their ego
Its easy to accomplish anything when you throw death and suffering at it.
@Larry Llama US focuses on creating lies, instability & wars around the world
@Larry Llama you seems to be living in one right now. 🤡
@Larry Llama Of course every country has lies. How they push through it despite lies is what matters.
@@XYZ-eu8ns lol the PLA is commenting
Leaders from top to municipal level in China are mostly engineer or construction or water graduates, while leaders of different levels in US are mostly lawyers or politics graduates.
wrong us has far superior engineers or construction that build quality.
@@brucewilliams6639 like 50 years ago.
@@joeandrew1300 I dont think so in fact I no so.
是的，在我们最高领导团队中，一半是工程师，来自化学，水利，矿石等等。另一半是文学专业，来自法律，语言等等
@@brucewilliams6639 before yes I would agree. US made a huge mistake by letting lobbyist run the government.
I had an EV in China from 2009 - 2016. Then I returned to Australia and here I can't afford one...
Nissan leaf is adorable
NIO only costs $5000. Hopefully i will have one when it comes to Japan.
@sarcasmo57
Did you get to experience the Chinese concentration camps and slave labour as well.
@@bighands69 Please let us know when you realize that the world is not just black and white and that a country can be complex enough to have both excellent and terrible aspects at the same time.
Exactly. It's silly how in some countries we need to be filthy rich to be environmentally friendly...
CHINA say lets go green - We do it NOW
US say lets go green - Nah we wait for next election and see
100% correct!
Easy to do stuff when you can threaten/punish anyones life with no ramifications.
@@jeremiahhuffman2964 Like Biden just did on Syria? Are you referring to that?
@@jeremiahhuffman2964 Like Trump did with Latinamericans? Are you referring to that?
India ok let's rise the fuel prices so that they will reduce usage
Just a small error in the video: China by the end of February 2021 built 827,000 charging stations, not just 500,000 as CNBC mentioned.
can you share credible source please? not doubting your figure by any means, i want to learn this category deeper. thank you Isaac
@@joeandrew1300 thanks
China isn't playing games. America is too busy playing monopoly than helping world.
@tan tan It is true though. Bill Gates own a lot of farm lands. Be lucky to get jail out of free card in the future.
Where do you all think that electricity is coming from ?!
China is THE world’s largest polluters of air land and water.
They have no EPA to tax the life out of their businesses.
They built a new coal powered electric plant went on line every day when Obummer was in office. And continue at a slower rate.
Clean? Hardly.
Impressive? Nope.
Affecting the weather to the east of them. Yes.
Taiwan in a drought. Southwest US in a drought.
Excellent Work China.China did a good job for the environment and the good cause. It needed praise and support from the world.
Lol the video is idiotic of course China has 4 times as many EVs they have 4 times as many people, that has nothing to do with policy. China also beats America in food consumption and poop production. How can America catch up on pooping? China is producing all the worlds poop. Does this have to do with China having the most people of any country on earth? Or is it the superior Chinese poop laws? America must seriously improve is poop production.
They don't have the monopoly on oil that the US does. They have no other choice but to invest in other alternatives. The Chinese wont be as picky with cars either. A much lower percentage of Americans would even be willing to buy those cars just based on their looks.
@@LambertBowden56 Did you watch the video from cnbc about how China is the number 1 market for high end cars?
Another point to add: China has an extensive network of public transportations and high speed rails. People generally do not have the need to drive 2-3 hrs inter-city/province travels for business or for leisure, most of the automobile usage are for daily commutes, which successfully avoided the current shortcomings of EVs (charging time).
ᕕ( ͡° ͜ʖ ͡°)▄︻̷̿┻̿═━一. - - 🇨🇳🔥
🇺🇸1-🇨🇳0
@@UCLAfilm01 You mean the American Secret Sauce?
@@UCLAfilm01 ikr...those Democrats...they care more about people south of the border than US...And look at all the mass murdering events happened after his inauguration. Not to mention printing money to indirectly bribe the voters...OMG
all the companies are made in ASIA
@@UCLAfilm01 lol，I think you got it backward my friend, US owes trillions to Japan and China.
The US is not asleep at the wheel. We are consciously unconscious.
Indeed. Our economic and political elites are hoarding wealth and power and its hurting our prospects for the future. When billionaires started buying bunkers I knew our days were numbered. The elites have no plan to change course. They rather destroy everything and escape to a bunker than actually having a short-term loss that would yield a bigger long-term gain. And the people are way too fanatic with their political party and too entertained to do anything about it so I guess we’re destined to fall. Oh well!
Americans binge watch.
Chinese binge build.
yup
bill maher is right
lol facts. They are building infrastructure like crazy. Even creating homes AND jobs for villagers. China doesn't just give the villagers a bunch of fish. They also create the infrastructures and the training to teach the villagers how to fish and support themselves. Chinese Government are investing heavily on the people.
You can hate China all you want, but facts are facts. They are doing a better job. In the US it took 10 years and $90 billion dollar to build 1 column of a high speed rail.
China in 10 years build HSR tracks all across China and whopping speeds and reliability. Creating more jobs along the way. Remember when the US said the Chinese HSR would fail? That no one would use it? Will, not only do locals use it, people who are traveling to China also use it, like a cheap roller coaster ride!
Hidden Agenda america believes in autonomy not depending on guvment. Thats why everyone drives unless you live in a super populated area like nyc.
Well then get a trade and be the difference
@@HiddenAgendas isn't china known for building stuff that breaks after 10 years because of chabuduo culture.
As a Chinese,to support environmental protection, I recently sold my Mercedes. I plan to buy an electric car, and the Chinese brand is really the best choice, better than Tesla.This is not advertising, because there are many brands in China, including high, middle and low grades.And the appearance is very good.
Your electric cars are cheap garbage
@@toiletpapermasksociety3588 Cheap? Can you afford it? $80,000. You are rubbish, so everything you say is rubbish.
@@张扬-b7v Those 50 cents must be very important to you.
@@GoofierClock Have you been to China? I have been to Europe, Japan, Southeast Asia and, by the way, Taiwan Province Province.
Buy a nio
Very smart to standardize all charging plugs regardless of brand.
Yeah, you know the railroads did the very same thing 150 years ago when making the connectors for their rail cars so that any railroad can carry any car across their tracks. This is nothing new, just being practical.
@@JB-yb4wn if that is the case then why do we have 3-4 different charging plugs in the US? Each of which is incompatible with the others
@@privacyowl
Are you sure? In Canada we have one plug for recharging. My understanding is that it was a standard that we discussed with the US.
i thought it was common sense
@@shockwaverc1369
And that too.
China has multiple points on why they sell so much electric cars.
1) they are making cheap as well as expensive EVs. You can basically get an EV for every pocket.
2) incentives. As pointed in the video, they subsidise a lot of the price to help move from the tradicional ICE engines.
3) public transportation. You can move around town, between towns or cross country with planes, trains, metro, electric buses so you dont need a car to travel the 1000 km between destinations.
Apart from a little bit prolonged incentive programs, they are actually moving toward regulatory requirement that simply forcing automakers to sell a lot more EVs.
Apart from a little bit prolonged incentive programs, they are actually moving toward regulatory requirement that simply forcing automakers to sell a lot more EVs.
Or maybe because China is controlled by a totalitarian regime
@@TKUA11 Please elaborate on how that'd increase innovation and the increase sales for EV's.
@@Aaron-bh5cp He means Chinese govt. forces buyers to buy EVs instead of ICEs.
Govt. made harder ( expensive with lottery system) to get ICE licence/number plate of car. For many evs u don't need to licence cars immediately. It’s even harder to get dealership licences to sell ICEs or open new ICE showrooms.
Besides, govt. isn’t supporting ICE makers for their future economical growth & ordered all ICE makers to go for ICE by certain times otherwise they will face serious consequences.
Besides, EVs got Direct govt. mone(tax payers money) aka investment to make evs , also people who buy evs get tax cuts & licences very easily.
Ev dealerships & showrooms get permission easily. EV companies enjoys some sort of tax holiday.
Lobby is the beautiful word for Bribery, right? 🤔
Fanciest euphemism there is!
That's actually not true
It is called American capitalism. Small government, manipulated by big corporations, freely, in the name of freedom. And f**k the week and old ppl.
let's say it's the clean n legally non corrupt version of bribery
Yup it's above the board clear bribery. Just like massive election donations
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Americans: How come we don't have flying cars by now?!
Also Americans: Wait, no gas cars? Are you crazy? What will happen to all the Oil and jobs!?
Well u are half right
U r ryt
Subcontext:- they want all those dream Technology. But they fear the change
Don’t you love it when idiots straw man.
Well u r also not wrong.
I know.
The problem for me isn’t price (ID 4 is 33k with tax credit) it’s the lack of fast charging stations in my area.
Why not Tesla Model 3 then?
I wouldn't consider an EV unless you can charge at home or work. We've had EVs since 2013 and charge at home. The only time we ever need a fast charger is when we go on road trips. Tesla superchargers have been the best but Electrify America is also coming along for non-Tesla cars. If the car you are looking at qualifies for the tax credit, I would also suggest looking at leasing since it greatly subsides the payments. We were able to lease two BMW i3s for a net cost of less than $100/month back in 2014.
The USA is a garbage compared to china because china is the wold's smartest country after Singapour
@@ilovemorroco7208 what? 😂 you make no sense.
@@ilovemorroco7208 hahahaha nice joke...
Petrol / oil companies watching this video: “Hurry up! Lets put job offer up for more lawyers and lobbyists!”
lol literally I guess they'll fight imports tooth and nail.. although I guess there are some BYD vehicles on the road near their offices
Why don’t they just go down into the hidden layer in the basement where the ark of the covenant is stored, and find the Dusty plans for the hundred mile a gallon engine?
@@shockcat5988 no no its 100gallon a mile
@16 00 them "power plants" still burn a million times cleaner than your car. Maybe not in Texas.
@@odeball22 at least dont spread the smog in the middle of the city
4:53 "The amount of funding that has been poured into the [BEV] industry is mind boggling."
Let's not forget the US5.7 trillion dollars [trillion, not billion] that ANNUALLY is given as subsidy to global oil industries. Thankfully, that is starting to drop. Against that though, BEV funding is a drop in the ocean.
Reason : US lacks the infrastructure and government support for EVs.
The ev market is private sector and the government has no right in manipulation the private sector.
We can choose e.v when we are good and ready
@@thomasthumim7630 Might as well get rid of the FDA.
@@Spirit451 The FDA is a useless branch of the government in its current existence. So, yes we should get rid of it.
@@thomasthumim7630 I do think private economy is a good thing and China has learnt a lot about it from the US. But sometimes mild government manipulation is not a bad idea, and I don't think that's a socialism specific thing. Capital tends to be shortsighted even if they know that's the right thing they aren't willing to put any efforts because they only want to make quick money. The real danger of government manipulation is sometimes you don't know exactly what's the right thing.
@@starventure How about the NRC too?
USA is really good at making super heroes now, Avengers, Justice League etc.
Who needs an EV when you can fly
🤣😂
🙃😂🤣
Underrated comments 😂
Correct! You're right! That's true! Definitely yes! Absolutely agree!
pun intended ha ha
I like that $4,400 vehicle. We need it here in Africa, urgently!
Can the energy systems support it? I think africa should be a strong focus on solar and air-batteries
how do you charge up?
It will break down in 5 years. Do you want a graveyard of garbage vehicles from China in your country?
I wouldn’t want to be in an accident in one.
@@plinyelder8156 you been saying china will collapse for over 20 years now yet their economy is getting bigger and will overcome America as the biggest economy in 10 years.
It's funny that most name brand "good quality" products are also made in China.
There's a saying in America which is also applied in the Chinese production companies and that's you get what you pay for. However, china is talking a step further and bringing in quality products for cheap. This is what is killing the American economy.
Currently, the top ten sales of electric vehicles in the Chinese market are all Chinese brands, except for Tesla in the United States.
Not only that, China's electric vehicle lithium iron phosphate battery production has accounted for 80% of the world, and China is one of the world's largest electric vehicle markets.
Because they don’t have much oil, they have to go green. They don’t have a habit of invading other countries for oil.
who dont have habit of invading other country? China expand it self 5 original size since ancient...You know Han people are the north of the River, right? Tibet and Mongolia invaded in 20 centuries. India land, Vietnam, and Philipine, Japanese, Taiwain island in last 10 years....I bet either you dont know or you think those belong to China too.
@@travisdt LOL, learn a little bit history and pretend know-it-all.
@@travisdt ??? You Chinese?
@@nicetry3381 Yup another nationlist CCP think China is the central of the world and the world belong to China.....Go ahead and cry when similar Mongol, Manchu and Japan to take over your country again
China is the world's 5th or 6th largest oil producer. China exported oil to Japan for infrastructure during Deng era. they import some and leave some in the ground for the next generation.
In China, government policy drives the "free market". In the US, the free market drives government policy.
China government rules the companies, US government is ruled by big company.
It’s like a game using cheat codes, it’s easier to get a head when you have a government forces companies to do stuff. And what I mean by cheating is they let domestic companies get ahead while out of country foreign companies have limitations. And not just US companies but other companies around the world that try to get ahead in China when the Chinese government puts limitations. But with that comes The downfall of quality of living.
@@Anomize23 quality of living is actually high in China. Things are cheap and cost of living is low. They also have the largest middle class in the world.
@@TheRedc0met No that is Corporatocracy and the reason why the US has so many problems. ie going to wars every five seconds and not granting Universal Healthcare like other countries because pharmaceutical companies profit from it.
@@anarchosyndicalism4449 no. war economy. that's why US has less than 20 yrs not in war.
Here in Costa Rica you often see electric cars, most of them being Chinese cars
@@joanfrederick9176 I heard of that byd has factory in usa building electric bus, go to protest!
@@joanfrederick9176 Why so? So are you proud using your chinese made Iphones? Tesla's batteries are made by CATL, also a chinese company, will you still be proud of your Tesla? What makes the quality of the product is the machine and know how; not the territory. You can have excellent machines in china or mars and the correct know how from any part of the world and you can make very high quality products. Lets say if we take Steve Jobs and make him live and work in china or mars, do you think the idea that he conceives would be worse off because he is in another territory? People need to change their way of thinking that chinese products are inferior. China has prolifierations of factories creating the lowest quality to the highest quality; when the client have a very low budget, without a doubt, the product would be of a low quality. Without china's manufacturing prowess, most of the things that you use in the US would be 2-3x more due to US high min wage and tax disadvantages in comparison with china. Because of cheaper labour, you get to enjoy quality products at a cheaper price.
@@chillilover8345 exactly, also Toyota vehicles are known for their great assembly line.. which had 25% defects that dropped to only 5% defects once it was sourced out in china. Pay good you get good pay less and you get less. So really China has nothing to do with this.... it's the companies that don't want to pay fair money for a fair product and that's what they are offering their consumers.
@@chillilover8345 I live in South Africa and we have a few Chinese vehicle and I am not impressed at all it's better to buy any other make preowned vehicle than buy a new Chinese vehicle
Everything in Costa Rica is Chinese, the football stadium, police motor cycles, the cloths on your back and the Chinese are trying to build highways and lots more. Watch out Costa Rica, you could be in for "debt diplomacy"
US auto industry raised enough barriers for anyone to enter into the US market. While this is good for auto industry itself, it is questionable whether this is good for US consumers or US competitiveness in long run. Meanwhile, US auto makers can keep making ICE cars and ignoring carbon emission goals.
I guess US gov needs to protect their oil companies. As you know, their capitalist are so powerful and so rich, basically the gov works for them. It has nothing to do with democracy or human rights. It is all about money and profit for the top few %.
And that is exactly the problem in US, You are being highjacked by a few billionaires. Wake up and take charge in name of the people.
We've had wars to protect US oil interests. At the time, they could say they were trying to protect America's future. Hard to say that now.
That is the most logic comment I see here. all comments are bickering .
@@shaun6828 Except no oil in Iraq comes to the US.
@@dlewis9760 The oil trading business is a mess made from politics and business deals. The US produces more oil than it needs, but at least according to eia.gov, 17% of Iraq's oil was being sold to the US as of 4 years ago. Interesting info on imports and exports here: www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php#:~:text=Even%20though%20in%202020%2C%20total,and%20to%20supply%20international%20markets.
I was born as raised in china and a university student in Boston but I went back to china since covid broke out. Objectively, I would say in mordernized regions, the life in china is no difference to such life in Boston. We care normal things just as any other people in the world are caring about. Talking about EV, in my hometown, at leasy half of the buses and over half of the taxies are already electric, and since the gov put tax incentive on EV buyers, low-wage workers are always fond of those domestic brand, also considering the low price of energy.
I’m a Chinese born and raised in Boston. One thing I could say is China’s cities and infrastructure is much better than the ones in the US. Busses are better and the subways don’t squeak or break down like those in Boston.
@@zhuochengtan damn right. I took the green line to boston downtown, just to find that it takes me more time than riding the bike.
@John Doe They use their brain
@@leviackerman6978 Good one. @John Doe can't comprehend because of his/her tiny brain.
@@ASS_ault yes, that’s definitely true. But in China, people pay great attention to maintaining infrastructure as well. In the West, it’s more of just let it fall apart so maybe one day we can build a new one
Man. I wish I could get a new car for $4,400 hahaha
That gets a way beyond poor crash rating....🤷♂️
@@UCLAfilm01 about a year probably hahaha
@@UCLAfilm01
You can check on the review of the car specific in youtube
@@UCLAfilm01 0 to 60 in?
Some Chinese company: Yes
It is easy to build a car for $4000 when there is an unending supply of slave labour and concentration camps.
All those wigs that come from China are made out of human hair from concentration camps. Children's toys that come from China have toxic levels of chemicals in them and guess what it is children in China who are working to manufacture the toys with toxic chemicals.
The next time you see a toy that has made in China just think a child probably has been poisoned to make that little toy.
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
@Innocent Kelvin It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
@Fredrick Williams Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
Exactly, the trick is to diversify your investment, don't panic when everyone else do and invest consistently.
Please 🙏 how do i get in touch with Bell Elizabeth? i would love to trade with her.
@Abya Msurshima comfort Yes of course I've been attending her classes online.
Why not say "leading in market" instead of "dominating"?
Man I'm tired of these subtle propaganda throughout English media.
It’s sensational limbic hijack, you can learn all about it by looking up “war on sense making” on yt by Daniel shacktenburgur
Well b/c China's obviously evil and we're obviously the good guys. Duh.
Soft racism. It's Yellow Peril but with better PR
the Answer is simple Because they will DOMINATE The US market simply on price alone, haven't you learnt anything Yet?
Cant afford one. For me, that is the issue.
What if gas was twice as expensive? That's what it is in Europe and China.
Most people have to wait 5 years for the used EV market to develop with enough choices of different vehicle types.
The USA is a garbage compared to china because china is the wold's smartest country after Singapour
@@UCLAfilm01 that might only be true for crash performance and data privacy, in Chinese EV's sold outside China. Their other aspects will be good value, idk how much based on stolen manufacturing+tech methods
@@ilovemorroco7208 that's why so many Chinese still study outside China? Even when Chinese schools are good, the competition for admission to them is insane
The oil industry has enormous power and control in America and Australia. Oil and coal fight change.
And the slave labour camps in china have enormous power especially for those that live in them.
@@bighands69 relevance?
Not for electric vehicles. They will sell their coal and oil to be converted to electricity
@@jonnyfive5000 remember the first ev. The oil industry ordered their destruction. They were destroyed.
@@grahammewburn ev were more popular than gas vehicles then died out because gas was better and cheaper.
China appreciates the fair competition that Tesla gives the local builders. US is definetly the elephant in the room.
India: Meanwhile we fight on petrol prices, you go ahead!!
Nothing can be done.
Communism >> democracy
@@King9king China is capitalist dictatorship😂 not communist.
Yep, India wins "The Most Polluted Air" category...that China used to have.
Probably need to get a lot of EV rickshaws and EV bikes
@@King9king LOL, "Communists" who got rich from Capitalist economic principles!
I tried xpeng in China, I hope they sell it in us. So good
I Love Xpeng so much! Hope more people know it.
You can always import in the U.S. right?
@@RoyalRook I don't think so.
I wish I have more choices of ev in the state
They did a colab with richrebuilds and they have offices in Cali so it might happen
The US is really good at identifying problem but really slow in tackling it.
But quick to blame others.
Damn, I never knew I was so relatable.
They will in time. If not some other democracy will.
Chinese is also good to steal EV technology from Tesla, USA
Move to China. You might like it there. Lol.
A marathon runner is getting outrun by their competitor, and demands that competitor to slow down and accuses that competitor of cheating. May the best runner win; if a runner can’t keep up, don’t enter a marathon and expect others to hold themselves back for another competitor.
I assume you're referring to the way in which China requires foreign companies (other than Tesla) to form 50-50 "join ventures" with Chinese companies, right? They won't allow foreign companies to compete on a fair and level playing field with domestic companies in China. The CCP has always been extremely protectionistic towards its precious domestic market and zealously defends it against any foreign company that might actually become a threat. They usually force foreign companies to transfer their intellectual property to the Chinese "partner" in the joint venture, as well, and then that intellectual property is used to compete against the foreign company, not just in China but all over the world.
This is the formula that China has used repeatedly in multiple different manufacturing industries. It will likely not work when it comes to EV building, though, because most of the innovation is being done outside of China and foreign firms are finally starting to wise up and refuse to cooperate with joint ventures if the likely result of that "cooperation" is that the company is just signing away the fruits of their research on a delayed basis to a future Chinese competitor.
@@StochasticUniverse You know what they say, if you're unhappy in a marriage, just get a divorce...instead of keep coming back to the relationship and hoping, expecting, or forcing the other person to change and accommodate you.
Why is the US always concerned in comparing and competition with a need to WIN attitude against China? The US chooses to pour all it's resources and secure it's win in the military industry sector. It has done so well that the next seven countries combined can't compete with the United States! You can at least feel good for that. 👍
@Rustic Box. You are mistaken, like any good old GOP voter, you believe in 19th century things. All of the USA military power counts for nothing. The wars are fought in the minds of people, not on battlefields any more. Russia and Steve Bannon managed to get Trump as your boss against his own will. America has been split into two, thanks to foreign intervention that has been going on for decades and Donald Trump managed to shut down the ONLY defense against it, i.e. the anti-hacking units of the CIA and RSA, because he thought it would help his re-election. The USA is lost because of the deeply inplanted lies they believe in. This has been going on for decades, by the way. I have been able to trace it back to 1984.
@@charlesvanderhoog7056 then why does it bomb so many countries? Especially the Middle East. How many countries in the Middle East has China bombed or attacked? How many African countries? Europe? South America? Which countries have China attacked in the last 50 years? 100 years? 200? How many colonies do they have in Europe? Africa? Asia? The America’s? Carribbean? Anywhere? Grow up and stop defending them just because they’re white. Or do you have some other reason to hate a country that is trying this hard?
China's car or any vehicles will never be successful in the Phil.why?they are all disposable..small gadgets like cigar. lighter or FM modulator etc is just fine as disposable but vehicles no way...
used to
@@themarbleking So you want to say you are so proud seeing your american government bombing Nations across the World? Innocent Countries?
I can imagine how USA will be in 2035 . USA will be destroy.
Mark my word
The US looks like the UK when the US surpassed it when energy went from coal to oil.
Yep, it's the inertia of previous generation of technology.
The USA is a garbage compared to china because china is the wold's smartest country after Singapour
@@ilovemorroco7208 Our countries infrastructure is just older because China is catching up with New technology now. Let’s not be too ignorant. China was nowhere near what we were 100 years ago. This is the same thing as a little kid saying “We want to be better than the older generation” sit down little one, you’re still learning from the best :p
@@Anomize23 reading your little inane remarks made me cringe in terror
@@ilovemorroco7208 We may be 'a garbage' but at least a small percentage of us can spell Singapore correctly in the comments section.
My next car will be an EV. In a couple of years prices will come down and range will increase as competition increases.
@taladuga picpwaspwat And engines and transmissions and the R&D cost in engineering and improving and updating (no OTA upgrades for engines and transmissions) them beyond their competition is by far the most expensive component of ICE vehicles. In less than 5 years, the cost of a battery pack and electric motor will be unequivocally less than a comparable ICE and transmission and continue to drop as the technology improves as it is a far less mature technology than the ICE and transmission.
No the biggest issue will always be battery supply. No matter how much the battery technology improves and the cost efficiency of production, if only 10 million battery packs a year can be produced in the next 10 years up from the current 3 million battery packs produced in 2020, EVs will never be able to be the dominant vehicle sold in a 100 million annual and growing vehicle market, with China taking the large majority of batteries and Europe taking the next largest chunk. The US market is about 16 million new cars a year and they could only acquire almost 300k EVs in 2020 with waiting lists. In a couple years, the vast majority of people that can afford an EV and actually want one still won't be able to buy one because of availability...
You can buy a Chevy Bolt for the price of VW Golf today.
@@conchobar And most would prefer the VW Golf over a Chevy Bolt......
The range is more than enough. And when you can always charge at home, you never have to go to a station unless you're going on a road trip.
@@441meatloaf Yes, there's still isn't an AFFORDABLE EV for the masses that appeals to the average American that wants SUVs and pickups. The Model 3 is a decent looking car, but it's basically a sporty sedan, so limited in its appeal. The Model Y is ugly and low on utility (useless third row and negligible towing), but priced way more than a decent midsize ICE SUV, let alone a compact SUV. They're both about $50k+ with no haggling and no more tax credits. The Bolt, Leaf and ID4 are not impressive. Neither are the Niro and Kona. The Ioniq 5 might also be over $50k (like the Mach E) and will be very limited and it's currently banned in the US. The Polestar 2 is almost $60k and also very limited. Right now there is not an EV for everybody, literally (availability) or substantially (cost and suitability)...
Imagine if China goes all EV and then builds giant solar collectors in the desert. Would be so crazy.
I think they already did
Yea their solar panels are everywhere, in the sea,desert,mountains,river.. Have you seen that mountain that been covered by millions of solar panels? it's dope but kinda jarring to see,, their led building electricity is already clean energy from these panels and wind turbines basicly they are going for unlimited energy except for yesterday the river dried up.
US has become the country of “no we can’t”. This country used to charge ahead on innovative ideas.
The angry victim mentality does that.
@@luigigonzales992 C,,,,O,,,,N,,,,T,,,,A,,,,C,,,,T F,,,O,,,R I,,N,,V,,E,,S,,T,,M,,E,,N,,T A,,S,,S,,I,,S,,T,,A,,N,,C,,E
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used to charge ahead. I see what u did there.
Big Oil has absolutely no influence in the US efforts to go EV
Not just China, pretty much the whole world is beating US in the Automotive Industry.
@@UCLAfilm01 I mean people don't have electricity for several days in a country like America ...
Maybe you are talking about wrong shithole ?
@Tech Pro it's a bot... Stop feeding it response, they got pay if you do.
@@UCLAfilm01 As an USA engine manufacturing engineer, Koreans have caught up. Hyundai and KIA are killing it with the Telluride and the Santa Fe.
The USA is a garbage compared to china because china is the wold's smartest country after Singapour
@@UCLAfilm01 Korean cars not garbage. You're garbage for spilling this garbage. Ford and Chevy are not higher quality.
Definitely china has been the best in the market of production and as well as investing in profitable businesses
The best investment you can make in 2021 is cryptocurrency.
In cryptocurrency, the perfect time to get in is always NOW.
With the current rise in the bitcoin price, you get to realize so many people are still waiting for the bottom before buying but in reality, there is no bottom until the asset is actually out of it.
Another issue is the bull trap which may cause traders or investors to act on the buy signal and generate loses on resulting long positions
How can you profit significantly and be safe from false bottoms and traps?
I have been searching for a good broker to trade with!
Please sir how can I find one??
Real brokers are hard to find but you have to settle down and select one for your self
Ohh I remember a friend of mine calling that name but didn't pay attention.
But I will like to make some good investments with her.
You guys know Mrs Elizabeth too.
I have been trading with her I invested $3000 last two weeks and I received $10,560 and I placed another trade ASAP.
@@michaelscoffed1524 + 4 4 7 8 6 2 1 5 5 2 3 7 🇬🇧
(W""h""a""t""s""A""p""p)
I have been scammed several occasions and it really hurts
This is US and China story: Kid A and Kid B are both smart kids. Kid A used to be the smartest kid in the class, while Kid B is a close 2nd. Then Kid A started using his time and energy playing games (wars), Kid B devoted his time studying. One day kid A discovers that Kid B is overtaking him the smart ranking. Instead of trying to make himself better by studying harder, he goes and tells kids C, D, E, F & G to stop borrowing books to kid B doesn't get any smarter. Kid A started whining '' Not on my watch'' ''Fair competition''.
👏👏👏👏👍👍
Nope, wrong... Kid B decided to get smarter by stealing Kid A's homework... China runs massive corporate espionage... Remember the massive hack they pulled on the US last year?
China excels only at stealing science that the Western world creates.
@@jimp2753 Poor Kid B, why you are so vulnerable on internet? I thought you were NO. 1.
@@cj6651 Yup! Hongkong NO. 1! TBH, the best Chinese students prefer to study in US but not ...
@@kiboyxluo5930 Ni Hao. Hope your farm is doing okay buddy.
The way Tesla, an American company doing superb business in China, it shows that there is always a scope of cooperation between the 2 superpowers. War is never a solution, only peace and mutual cooperation is a way for humankind.
You go tell Blinken
@John Doe Extraordinary claims require extraordinary evidence. So far, all I've seen from the US is the same kind of weak hear-say they used to peddle the Iraq WMD narrative in 2002/2003.
not when one is always distraughted.
not when one is always distraughted.
@John Doe indeed US is the nation with the most prisoner per capita, and is known to abuse them under private prisin for free labour.
I tried the Wuling Hongguang Mini EV, it is good car for the price, convenient and efficient
I have a normal car now and thinking about getting one of those too
But does it meet US/European safety standards? What is the range?
@@someoneelse7629 Why would a car made in China for Chinese market need to meet Us/European standards? Sort of a common sense question your asking there. But from a logical guess and its 5k price point, i'd give it a resounding no.
Bot account
@@toiletpapermasksociety3588 stfu
US is reluctant to admit the fact that the free market system cannot do everything. There is a role for the government in supporting and catalyzing the adoption of new innovations. In fact, US lead in technology starting in the 1950s owed a large part to government funding in NSF, DARPA etc... but it is politically risky.
The other big political obstacle would be the special interests representing traditional fossil energy industry.
I think US will get entangled fighting itself while China will keep progressing.
All I see here is China is doing it and America is talking about doing it... Wtf 😳 😳 I hate politicians 😡 😡 😡
Totally with you.
Not too surprising, until very recently the USA had a climate change denier in the White House.
Decisions will be made by politicians so you should hate these stupid politicians...
they cant reach from one city to the next on one charge in America. people simply don't want them. Also, in America they would mostly get charged from an onboard petrol generator, simply put, motorists paying less tax, not a priority. The OBiden GVT also simply doesn't want a spotlight on how few Americans can afford a new car. Or the number that are more reliant on a large pickup.
In the US things are done for profit and in China the government runs everything. Therefore, things are not always done for a profit.
I've owned an EV and have solar panels and a wind turbine in my yard and pay $0 electric bill and $0 for gasoline and save: ~$2,000 a year on electric and gas bills. Not sure how ANYONE could go to a car dealership these days and buy an ICE vehicle, just makes no economic sense. All vehicles will definitely be EV's in the near future and all homes should have solar, it's a no-brainer.
Indeed!
SWB - Solar, Wind , Battery is the Cheapest energy on EARTH.
Americans are too focused on keeping their machine guns and not wearing masks.
How ignorant of you. Maybe we just don't want to own EVs because they are not yet a fully mature technology. Just because it works in Chinese cities and Norway, doesn't meant it will work everywhere.
As a Japanese, I feel real pity that Japan has not even been slightly mentioned in the video... We have been seriously behind in most areas of global standardization.
I however feel a bit of empathy to "fuel cells" that has long been explored by Toyota. Hydrogen may be too difficult to handle, but if the global R&D investment has been as heavy as that on solid batteries, then the tech might have taken off with methanol.
actually hydrogen has been quietly undergoing its own tech boom we are working on solid hydrogen fuel cells now that solve most of the issues with hydrogen
they store the hydrogen in a solid carbon nanotube matrix that allows for the hydrogen to be stored safeley
it cant ignite
it does not need to be under pressure
it does not leak
it can be charged (or filled i suppose) infinatley with no degredation in performance
it might even become a thing that we dont even bother charging EV's anymore we may just end up pulling into a gas station pulling out the spent hydrogen fuel cell putting in a new one and the old one gets sent back to be refilled
the key to dominate the EV market is to build small, affordable EVs for everyday use. Most people use their cars to commute between home and workplace. Such cars don't need huge and expensive batteries, and can be charged rapidly even with low power chargers.
Don’t think so. Germany have to really come to long range EV otherwise it will lost its position in automotive world.
there is a car I can recommend, wulinghongguang mini ev, small, cheap and elegant
Also, I know a lot of work was being done some years back on cars with replaceable batteries. So you could have an extra, large battery that you kept charged and swap it in if your main, smaller battery got low. This would allow people to make longer trips on demand and would also allow people to bridge longer distrances between charging stations in more remote areas.
Big oil companies wont let it happen,their lobby is strong
@@amwill8929 it already lost it´s position when you think about the future, bc german car makers mostly build luxury EVs which most people simply cannot afford, china on the other hand has massive factories and produce cheap EVs most people can afford.
China: How about small electric powered cars at an affordable price
US: we want fat V8 pick up trucks with 15 mpg
MURICA
AND DIESEL!
The pickup also goes for like 70k lmao, with 15 mpg
@@psylee8687 broke boi mad 😭 can’t afford it just print more money that’s the Chinese way!
@@psylee8687 dude my 95 Chevy 350 does 14mpg and I daily it lol
US is coming up with new EVs but all of them are super expensive like 80k-100k range.... In China most of EVs are normal looking cars costing 20-30k.
Edit : I was talking about newly coming cars from Hummer and Rivian, Tesla do provide relatively affordable options from 35-55k.
Telsa Model 3 is 40k range. Not 80k-100k. And you get what you pay for. Tell me a name of a good&reliable China's Auto maker ? NONE
Do we really need all the expensive bells and whistles though? Even regular cars today are expensive because people want all the flashiest and newest gadgets that just drive up the prices even though the quality of cars today is just hard plastic and cheap metals.
For me, I need a car that is affordable and gets me to where I need to be. I don't need the flashiest and newest gadgets just to flex. I will gladly take a normal looking car.
People in the US and other Western countries oppose full automation which would significantly decrease cost of production of any product by get rid of most human labour inputs other than having other 3rd party companies employees servicing and maintain the equipment as needed.
4:37 Its all supply and demand which US auto companies rely on mostly to drive sales. Not entirely, but the US ev market is not nearly as "inorganic" and "incentivized"as the Chinese EV market.
@@hitthao Nio.
the real problem here is... their engineer is becoming more advance, formal and side road engineering will make all the society smarter in this EV world
We need another “Sputnik” moment in the USA. We were behind USSR with the space exploration in the early 1960s, but USA leadership woke up and started investing in science, education and massive innovation. Chinese child would like to become an engineer and maybe an American child aspires to become a TH-camr.
I'm not american, but yes, China is looking to be capable to surpass the US in 20 years. In at least a few technology areas.
I'm european, so we are even in a worse situation. Time to put the eggs in the best place or suffer the consecuences.
Good governance is the key. The Chinese government is an envy of the American government. If we can borrow the Chinese government for 4 years and then 4 more years, the situation might be better. Trump is old and a populist who tweets better than anything else he does. Biden is old and fragile. Both presidents are OLD. Both administrations are hostile towards China and refuse to learn from China and Chinese government. Who will be the next president?
Covid has woken up the sleeping giant 🇺🇸
Margot Tomasik - Or become lawyers, suing every tiny, bitty wrong doings and become millionaires.
The US is far too up the asses of big oil barons
I think the problem is that ev's in the USA are mostly geared/advertised to wealthy individuals. It's almost like a status symbol. If you drive an electric vehicle you most likely were able to afford it without heavily impacting your annual income.
TESLA in 2022 will begin making a Compact car for $23,000.
Fact is,money is not considered as a motive, it is just a token for effort. A bit of paper, but it gets the job done no limits to cost. It’s hypothetically just a weapon .Some take money as God. China , it’s a tool to achieve. Showing the World it can do anything at any cost. Like go to the Moon or Mars, cost. . ..? Just Do it. ,! Get on board , the World should not be run by only GREED.
Think of the past, The most advanced people and the names come down in history. Those of Atlantis, destroyed, for being too advanced, out of sinc, with most others. Sumerian’s gone where, Etruscans too.
The Earth is not for ,who is best, it has evolved, not as required, just to power and greed to out control all other beings and creatures on it. Time to get outside and look in at it. Where are we going, Chinas showing us a lesson of how to advance. Control of its population, by the most educated old people , with the ability to see where next. Even tho ‘ they will not be alive to experience it. All the brains needed to do it right for future , not greed now and to hell with the others. Life on Earth needs attention to the Planet and all that exist on it.
I'm a retiree with modest saving and social security our chevy bolt at $25000 after the tax credit allows me and my wife a cheap way to get around. People tend to buy a lot more car than they need. When we were younger our family car was a ford escort. It got the job done.
For those who say Chinese cars are low quality, they havent seen a nio car
true that. i mean the NIO has a battery swapping techonology which none of the other ev makers has.
Wuling MINI.= Deathtrap.
Or the Polestar 2.
German makers are involving.that is why.
@@vincent8709 Tesla has testing this some time back before NIO even was created , decided against doing it.
Interesting to watch this video 10 months after creation. To see Chinese EV automakers pulling even further ahead. The GM Bolt production being completely stopped and all vehicles recalled. Legacy auto is too slow in adoption to realistically catch up.
Chinas beating us because here in America everyone likes big-ass 15MPG V8 trucks.
@joann Loves CountryLife Oh boy, another idiot who knows nothing about EV's. I should just write a copy and paste engineering essay for you dubasses so I dont repeat myself.
EV Trucks are not only better that ICE ones, but even a basic cars that we've had around for years like the Model S with a trailer could pull a ton no problem.
@joann Loves CountryLife how many americans haul hay on a regular basis?
In Canada there are no electric cars that you can drive out the door for less that $44,000. Also variety is severely limited.
Canada hasn't caught up yet, but today they are selling Kia/Hyundai EV's right now. Check the dealers. All dealers have 100% vehicles now including Hybrids.
That's not including $10,000 to change the battery.
KANDI motors $9,999.
Canada is too concerned with Malala characters and fake education for girls in other far flug countries!
Not a single van model in Canada yet either while Europe, Japan, and China have lots of them.
When China wants to do something,it definitely will make it successful due to its strong government and united people.
The Chinese data is misleading. Millions of their electric cars being sold are no more than glorified go carts that don’t go faster than 35mph. Those shouldn’t be counted as cars, but should be counted as a scooter or moped.
I love how China was set up to make something.
Then you'll love my channel where I make vlogs straight from China.
Cina doesn't invent something they always copy something
While everyone in America was trying to keep up with the Kardashians, the Chinese decided no smart person left behind ...And made sure that if you weren’t an idiot and had the potential you were given the opportunity. Now you have decades worth of a highly educated workforce who are motivated
That’s why they invited tesla to build a plant in Shanghai
@@edits4ever379 i dont think they copied math
What do you mean by "dominate"? They just happen to make and sell more of them at the moment. What's with this US anxiety about being beaten or controlled all the time.
america's economy is capitalism based, a tenet of capitalism is competition, being a strong competitor guarantees economic success, an economically successful country means more capital available for its citizens, how do you not understand this basic concept?
@@bleepbloop7039 Missed his point. This isn't really an issue yet. They sell more electric cars, but the United States car industry is far more mature. The average price of a new car in china is $9000.
The average car price in America is around $39,000. Electric has shortfalls that have to be addressed before people will happily jump into them. The market can bear it, but the tech and people willing to buy it aren't there yet.
And people wonder why I invest in LI, XPENG and NIO
NIO has been monster this and last year. So sad I didn't jump in when it was at 5 dollars 😢
@@101penguinss101 ha definitely not been too kind lately to me. :-/ oh well it is a long term play
@@Ace-Brigade so sorry to hear bro. Did you buy at the high or did you miss your opportunity to sell in the 60s? Long term I think it will reach new highs and touch 80 maybe end of year
@@TransConBrilliance I still have it, just bought around $50 and then @ $40. Whole EV sector has been brutalized lately. I'm down like crazy. Oh well buy amd hold for the most part
China produces cheap EV, US made EV so expensive.
US is ass backwards
What a stupid question! The oil industry can’t afford to have electric cars on the road. They oil will not sell.
The oil industry does not have concentration camps to build the EV's.
If you start selling a $4500 mini ev in the US people will buy it. But you will never see it in the US.
The fact that the average new car sold in the US cost over $30,000 last year says a lot about people's taste when it comes to the market. Yes, I do agree that we need to start seeing more electric vehicles under $20,000 for it to really pick up steam in the US, but the fact of the matter is most people buying new vehicles on the market will still sell out $40,000 comfortably for a car, but it's still has still predominately been gasoline and Diesel powered trucks and SUVs. Now, with electric pickup trucks and SUVs coming out over the next year or two, that can change in terms of sales. But the main hurdle beyond that is of course charging infrastructure, particularly for those who cannot charge at home, as well as those who swear up and down that they wouldn't be caught dead in anything that isn't powered by a big ICE engine with a loud exhaust out back.
@@jlcii i think the cheapest right is the mini cooper ev but with the tax credits still like 24000 and barely a 110mile range. Imma need 200mile+
@@jlcii There are so many expensive cars running on the highway in the US, meanwhile most American don't have more than 400 dollars for emergency, according to some data. Amazing.
Capitalism 🤔
@@citytianyu
Medium income in the US is $60,000 and in China the medium income is about $3000 (nobody actually knows the real figure).
So can you tell us what the medium income is in Chinese concentration camps?
Meanwhile Indonesia now:
Europe imposes sanctions on Indonesia's nickel policy
Trust no one, every country for itself. look at the wealthy country on their Covid diplomacy, it's pathetic. But like how Europe works together up to a certain extend we Asean should work together to improve our standard of living rather than support some country far away across the ocean.
Does CNBC hate Tesla or something? Most of their coverage of the company is very negative.
In the future, who own the battery tech own the world.
The USA is a garbage compared to china because china is the wold's smartest country after Singapour
@@UCLAfilm01 Because they are able to sell those so called low quality electric cars for a decent price all over the world unlike the USA which they offer limited, expensive, ugly, and low qualitity cars (present dar cars).
@@ilovemorroco7208 are you Muslim? Visit Xinjiang!
@@hobog
Yes i am muslim✌👊🔪
@@hobog
Everthing is good in xingjang
You have a problem whith that
Why? Answer: Because big oil companies own our politicians.
I own all of them.
And outsourced our jobs to China.
In US. To many Political people are thinking for all of us..
@Hello Angelo how are you doing?
Thinking while doing nothing?
I drive about 10 kilometers to work every day, 20 kilometers to and from work, a total of 600 kilometers a month. I only need to add electricity once a month. I rarely travel far away, so if the battery life of an electric car can reach 300-400 kilometers, I don't think it will cause me any trouble.
The west loves to talk about free markets, but the funny thing is, we will likely never see Chinese evs in here. Our economies are not confident enough to see that.
No. It’ll probably happen here pretty soon. A big reason it is popular in China is because it’s government. Here soon it will forced on us too probably.
You do realize that in China only the rich are allowed to drive, and even if you are rich, you can only drive on certain days out of the week right? The fact you are actually comparing the US to communist China is hilarious.
@@WrittenInFilm Thats what my initial thought was. But Biden is in and its not too far off anymore.
Also last thing, safety regulations and minimum wage make it 100x more expensive to manufacture cars here. It has nothing to do with confidence
@@WrittenInFilm Its always funny looking at the "Why cant we be as good as China" stories and opinions
I don't think it matters much whether one country or region is beating another, what really matters is getting more EVs out there in general, making them more affordable, providing the necessary infrastructure to ensure ease of use and widespread adoption, and, ultimately, the complete phaseout of ICE vehicles. This needs to happen *everywhere*, and it needs to happen fast.
This is what I’ve been saying. Imagine going for a run in a city and not breathing in smoke and smog.
I don't know. If misreading statistics were racist. You'd be a Nazi. Sorry buddy. No hard feelings. What do you think? If 2/3 of the Chinese earn under 2.00 a day what good is an EV.
In 1880 the US built the railroads. In the excitement they over built. Led to a serious economic downturn. 1929 was about over investing which led to the great depression. Then after the crash massive govt programs caused the depression to last a lot longer than it had to.
Poor China lives to over invest borrowed money. And many fear things will turn out badly for China. The banks in China are failing. The guy whose in charge of printing currency was found to have a ton and a half of currency in his home. People bought homes and are finding the housing is not being built as promised. Chinese education needs to be reformed.
Finally do you know what the dictatorship of the proletariat entails. Public executions. Things most of us would find repugnant. I feel bad. When everything doesn't work out a lot of people will be let down. As a skeptical conservative people like me will be persecuted by the left. Christ look what they did to Donald.
SLOW DOWN.
Because the U.S. building more XL pick-up trucks that "they" only need, while China and the rest are more for realistic market.
US was busy in fighting war at wroten places like Afghanistan etc for last 20 years or so and China was developing technology and investing heavily in research and production lines.
Minding own business made China ahead of some one who minds everyone's problems except own.
True
This is true
The reason I watch this channel more than CNN and Fox is because it talks from money or finance perspective and really make a lot of sense.
You don't watch Fox because you are an intelligent being, and know that it's full of blatant lies 😉 👍🏾
And doesn't lie through it's teeth like Fox does.
Are you sure about that?
@@Justwantahover How about the Russia collusion hoax?
And BBC else.
not only EV, the world's largest automotive market is china, not usa
probably that is why they don't really care about the sanction, cause the market is inside the country itself..
@@foxycon9059 well, the us car manufacturers also profitting in china, might be better than us market itself
9:07 This boggles my mind. The govt let’s companies do whatever they want. The first step was setting a standard for charging EVs, from connectors to the actual stations. Should’ve done the same with cell phone chargers too.
Where can I buy one..?
Informative. Thanks for having correspondents from both sides!
Being #2 out of 150+ countries isn't a failure. It's a massive success.
"Second place 1st Loser..."
no. 2-10 are european countries. if you count them as one, US is 3.
Keep telling you that
You do know that #2 is the stuff that gets flushed right?
I mean no. 1 is a whole ass continental union so its not so bad.
I have no doubt in my mind the US is going to considered a developing country one day
Of course, any country could dominate the U.S. with smaller and more efficient vehicles, EV or otherwise. Where I live in NYC, people seem to enjoy driving oversized gas guzzlers. I suppose they equate vehicle size with wealth and they need to impress other people/friends/women/neighbors, etc. Also, the more powerful the vehicle, the faster they can get from traffic light to traffic light. I have neighbors who drive fairly large SUVs and there's usually only the driver in them. There's also this weird trend for white-collar employees to drive pickup trucks without having any payloads. Go figure. I can't imagine any of those people buying smaller EVs unless the government forced them to. I'm 73 and I get around on my two bikes and a dual-motor electric scooter. I also have my senior transportation pass. I could easily afford some high-end vehicle but I like the exercise although the roads in NYC are in horrible condition. Still, I can easily food shop at local stores. Being retired, I simply don't need to own a car anymore. If an EV the size of a smart car was available with a true range of 100 miles, I might consider it but I still don't even need that. Anyway, I suppose real men have to drive large and expensive vehicles to make themselves feel they're living the good life. Me, I enjoy riding my bike for miles and that makes me feel I'm living the good life.