“From Last To First” - China's EV Invasion Of The New Car Market As Cheap Cars CRUSH The Competition
ฝัง
- เผยแพร่เมื่อ 15 ต.ค. 2024
- China is making giant strides in the electric vehicle market, in just a few years is crushing the competition, undercutting costs, and being the undisputed leader in developing markets.
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
No Adam, BYD isn't cheap because their workers are children, that's pure cope. They're cheap because they're the world's most vertically integrated company, meaning that almost 90% of their components are produced in-house. And most of their processes are automated.
ignore that guy , he piece of sh!t . act like he know everything.
Just a few days ago, I was in Costco, Vancouver, BC, saw a toy, The label reads: [Made in China, no child labor used]。
@@hanfucolorful9656made in china By a three-year-old (robot) child.
yes has nothing to be with their government greatly subsidizing them in every possible way as well as manipulating their currency. nothing at all...LOL
@@hanfucolorful9656 I've lived in China in the last year or so, kids are always in school, not in factories, most low end textiles are already gone and in bangledash, vietnam, etc. While high end manufacturing are robotic, especially EV based. Sure there are humans in Foxconn's plant for Apple products but those are material engineers, not cheap child labors, they get paid VERY well in China terms and much lower cost of living here. Also no property tax, no cap gains tax, lower income tax, no sales tax, etc.
These bunch of supposed to be smart people made me laugh. Their analysis showed ignorance 30 years ago, and still today. That guy say China is cheap because they use child labour. He must have been educated at harvard. This explains why America is finished now.
The simplistic (Why ?) analysis begins in the locker room after the home team has lost the
"in the Bag" game!
You don't know that? Chinese children have 2 more hands so they can produce EV faster than American labors.
That guy is Indianizing😂
Not only children even Chinese babies can .. 😅😅
Chine is cheap bro. Forced Labor is amazing for profits. If you think it doesn’t go on. You are clueless. Why dont the chinese make their own chips, why they have to still technology from rest of the world. ? Its all stollen tech. Tax the fuck out of them
the guy who said that we are better than China and Chinese work for nothing is clueless and has no idea what he is talking. Zero intellect.
this guy probably never been to China himself, and US is the centre of the world taling in medieval language😂
and he said child labor.... so disgusting
China is a paper Tiger,scared of Taiwan...,if not for your American saviors all of China would be speaking Japanese, ))@@rileex
The chinese culture is suitable for industrialization. Disciplined workers
But he votes for Trump.
Child labor? He stupidest i ever hear in China we call A I automate
Yap! Chinese companies do labor 5 year olds Chinese kids as engineer to design and build cars and labor kids as rocket scientists. the Chinese space station, rockets, and moon rover was and is build by Chinese 5 year olds children.
this is what a diet of western propoganda does to the brain
Chinese bot,you are literally proving yourself wrong😂
@@Something-ti1cjwhen was the last time you set foot outside your village?
China has installed 50% of the world's total industrial robots, exceeding 400,000 units in 2023 and expected to reach 490,000 units in 2024.
Child labor? Who is this 🤡? He watches too much Marvel movies 😂.
Those old man still think that ppl using child labour in China...😂It just so laughable
Yes， BYD is using lots of kids called Artificial Automation.
someday the american would blame chinese space tech abuse child labor
Ohh they think making cars is like making shoes as it needs no skill or level or knowledge
@@yukuntsang9200 Yes kids to build iPhones and cars.... wow, wonder kids!
5:48 Nowadays, the Chinese cars are made by robots ! Cut the cheap labor crap.
let the fool be a fool
They are stupid...its hard to listen to...next they will talk about Russian human wave attack😅😅😅
Labor is actually cheaper in Mexico than China.
I retired in Thailand. BYDs are everywhere here. On the road, in the showroom, on billboards and Television commercials. Also most gasoline filling stations have at least 2 EV charging stations. You establish an account and pay for the charge with a QR code and phone scan. America is good at weapons, ideas, video games and porn. Definitely NOT STEM.
Yeah, Americans go on and go on about EV range. I rent an Xpeng for holiday. Drove around for a week without problem because there were chargers everywhere. It's just a case of charging whenever I needed a toilet break or plugging in when I arrive at the hotel.
So I am sure the American weren't lying and have valid reason so US charging infrastructure must be atrocious.
And that's not even the size of Hawaii ....might be good for a ride around bamboo park but in the states we need a CAR!
*Americans are good at their preference field...
Problem is the size of Thailand etc to USA we have large distances between places
@@Az56818 It takes 11 hours from Bangkok to the north of Thailand. Give me the percentage of Americans that actually drive that distance instead of taking a plane? (not truck drivers).
BYD just released a new hybrid car. One tank of gas runs 2100km. Other car makers are screwed.
Many tested and reached 2400 km and 2500 km ! brand new technology !!!
Lmao
😂是的没错，byd第5代混合动力技术，在中国已经能买到现车了，起售价9.98万人民币，政府还免全额购置税，裸车价即最终售价…不要小瞧中国新能源汽车的长期发展战略，我们的最终目标是纯电汽车时代！混合动力汽车只是一个利好当前化石能源时代的市场的过渡性产品，中国国家规划于2030年突破固态电池，届时将全面进入真正的纯电汽车时代，车主将不再为当前的续航问题、安全问题、电池回收问题而困扰
Let them be screwed. I thought we wanted to save the planet so this should be a good thing right? Or is it that this would dry up their oil cash cow and expose the EV and environmental smoke they like to spew.
Someone already tested the car to run as far as 2409.5km (1497miles). He spent 4 days driving the car until it died. The team made a video on the test. It's on TH-cam in Chinese w/ English subs.
I've been in China for the last year now, the amount of EVs I see on the road is staggering, and its a strange but great site to see a huge traffic jam but hear no noise of cars or smell gas. Buses, Scooters and cars are EV, the air has also gotten much better in the last few years when I speak with locals. I wish I could buy some of these cars at these prices when I go back to Canada. But they'll never allow it.
Those electric scooters and Spiderman are menace to society though! Zooming around the road and you can hear them coming.
@@BatCountryAdventures yeah some of them are pretty reckless when they come on the sidewalks, but I think most are in their dedicated lanes for scooters, it depends on the city and the area of the city, etc.
Why support an enemy like the CCP with your money?
My mum who had vacation recently in China for 10 days have similar comment: her long term chronic cough disappeared during the trip. Cough came back after she return home.
We live in Malaysia, I don't think we are that polluting(neither spotless clean) but yes we do have endless oil burning traffic
@@demonsrexis I lived in taipei for a year in 2022, and the amount of car/motorcycle/bus pollution is actually quite bad, and also the coal plants that got started after they shutdown nuclear power plants. China was a pleasant surprise with their huge EV push. Hopefully more EVs from China can enter Malaysia market. We traveled to Malaysia before and really love the experience (outside of the hot temp)
Putting a 100% tariff on it is only hurting the average person, not helping anyone but the CEO’s of US companies.
Helps Israel, more taxes from the US = more aid to Israel
I don't want an electric car never ever
@@optimusprimer4392 you can have BYD Qin L Hybrid Sedan, 1300 miles range with a full charge of battery and a full tank of gas, and pure gas fuel consumption is above 75 mpg in real world test. it costs about $14000 in China
This
I work in manufacturing in China. They DO have labour laws here. Wish American commentators actually had some idea about what is going on in China.
Look at any modern factory in China. You’ll see them working smarter not working harder.
You can’t blame them. They gained their knowledge about China from MSM like CNN and BBC. Seriously, when they want to talk about China’s EVs, why would the host invited them in to the discussion when non of them bothered to update their knowledge. I bet non of them even have a clue how advanced and automated about the Chinese factories nowadays, as that Adam guy still talking about child labor.
@@PVLTD And from Gordon Chang and Peter Zeihan.
工会给大家发大米吗？
You'll actually see them steal all the technology from other countries. The Chinese don't innovate anything
Ask an American how many days maternity leave does a woman get. Zero.
China 98 days plus more for issues like difficult births.
Oh yeah but in the us you have the freedom to get fired and live on the street with your baby🙄
If they can do it cheaper but still in high quality, then they're better than you. These guys are delusional
Agreed
does that guy that brought up corona virus know that the US funded the wuhan institute of virology?
100% agreed with you.
奢侈品是西方资本家利用广告攻势来收割全球，中国只要能生产就是白菜价，因为中国认为那是欺骗
High quality my ass. Everything I have bought from China, from solar inverters, controllers, custom light fixtures, transfer control switches, juke boxes, automated movie screens, breaks down and turns to crap. Now BYD such as the Atto 3 with almost no availability of parts, lack of any hand dials, if the central display screen goes out, kids the car goodbye. Then needing a 40 amp constant load for 9 hours to charge level 2 when most breaker boxes are 60-100 amperage , the load demand charges by the utility purveyor makes this an absolute joke.
That BYD female executive basically said, it is Americans' loss for not allowing BYD in American market.
NO she says FK OFF
Yeah, the fire departments will be losing out on opportunities to put their cars out.
@@brawndothethirstmutilator9848 just remember that BYD is now supplying batteries to TESLA. 😂
she's right.
@@brawndothethirstmutilator9848 no one has really done a statistical study on all car fires recently.
there is only one study in 2015 America reported 174000 car fires 98% was from gas cars.
It could also be that there were far fewer EVs back then, than now.
WOW, first time in my 46 years of life, I heard American better than Chinese in math.
it's called coping
china built an international space station on their own after we kicked them out and this guy thinks they suck at stem.
Well it’s true. They couldn’t figure out to make a ballpoint pen for over 50 years.
@@gregsanders8947cope
@@levelaznAmericans living in their delusional bubble
You guys just dont get it. China has 100 EV companies competing each other and their market is 1.4B people.
They'll fight to the death, and the result will be huge monsters (in the good way). Monopoly isn't the anthisesis of competition, it's the result.
Thay have 7767000000 persons markedet... Ther is a world outeside of USA... 😆
and Most of them are just trying to scam government subsidies.
The newest BYD record is, with 65 L gas tank filled up, their hybrid car can drive around 2500 KM distance. This kind of gas mileage would attract a lot of buyers despite of 100 % tax because it's sold around $14000 in China market. With this kind of mileage, it means for me driving to work 20 miles away and 40 miles round trip each day, I only need to fill up my tank about once every two months and costs me $40 to $50 on gas in California with current price of $5.3 per gallon each month. The much better part than pure electric vehicles such as Tesla is that you won't have any mileage concern anymore when you drive around the country for those who want to travel around. Tesla would have much trouble as well, not just other traditional auto bands. When the same technology is applied to other kinds of vehicles such as truck, SUV, it will revolutionize the entire auto industry. I guess those middle east oil Arabs including Russia would be panic because it means the oil consumption would drop significantly in future. Go BYD! I would buy one if they one day sell here.
byd wasnt found in costa rica( the country im from ) 3years ago, in 2022 i saw the first one and since 2023 the craze about them is wild, here in costa rica we have a diferent color of the license plates for electric vehicles and 90 percent of them are byd and people are buying believe me they are really revolutionizing the auto car industry , people around the world myself included we just wanted a cheap electric vehicle , i will buy one for personal reason since im trying to reforest a lot of ground having electric vehicles will make me feel better even if i know it wont be nothing in the great scheme of things hahah but is crazy how fast that brand has been selling here i never see a brand get that big share of the market right from the get go .... i dont know why tesla went the cybertruck route and the trailer semi route since most people around the world just wanted a cheap electric vehicle with decent coverage. but well i dont think elon is too bright of course he is smart but his ego is laughable , but byd has the batteries and now the cheap cars. china is gonna be the next big car making country ..
Sure thing Nickel Army.
BYD DM-i 5.0 technology.
So why is California now trying to charge 30 cents per mile driven to all the people they told to buy EV bc they will save the world and money?
It's not looking good
Have any of these clowns been to China or a BYD factory? They are fully automated with robotics.
Nah....they just an old man with zero knowledge
One of the clowns said the Chinese success is built on child labor and very low income. As if we don't buy and use Chinese products in the US.
yeah? but you didn't think about what they're feeding the robots, did ya?...
@@billymanilli Haitians?
The people in this video clearly illustrated why US lost the EV battle. If the arrogance, ignorance, laziness continues, more is coming.
You forgot hubris
I’m sorry, Adam’s comment that the US is better at STEM is laughable. Anyone who has worked with Chinese graduates realize how far ahead their basic education is. I have hired young employees that are from outside North America (Turkish, Chinese, Vietnamese, Finish), and their youth is ahead of us. Our top students are equivalent to their average students, but with a better understanding of how to apply that knowledge and focus to problem solve. We did have that back in the 70s and 80s, but became watered down in the 90s and 2000s. Thank god I stayed involved with my girls education.
They go to college in the US.
Adam is only on that show becaue they like him. He doesn’t know what he is talking about
US is better at innovation due to more freedom for private ownership. China is good at copying an idea and use their cheap labor to mass produce.
See CSET Georgetown study on STEM workers. China crushes US in producing STEM work force.
@@TiredAmerican247like 0.1%
😂 when Americans know so little about China but then they know so much about Xinjiang
xinjiang people want to say piss off and feed your own people
😂
They love muslim but Palestinian.
They don't know shit about Xinjiang Province, they just know propaganda financed by CIA
That's why I've stopped listening to this channel and only come in for a laugh. These people don't know what's happening outside in the real world. Stay ignorant guys. You're definitely getting funnier by the day. 😅
Invasion? The dishonest media loves to use such words. BYD cars are not cheap; they produce the best EVs at affordable prices.
the language is very inflammatory when it comes to china.
The guy saying we’re better at stem than china has no idea what he’s talking about and hasn’t been paying attention to china for the past 20 years. completely embarrassing.
I was even shocked. I thought I heard social media
Exactly. People don't understand how fast things change in China. If you goto any Chinese city and look at a photo from 20 years ago, they're almost always unrecognisable.
US is slightly better at STEM because 2/3 or those working in US STEM are Chinese and Indian. China is better at bringing to market.
China (plus India) students are better at STEM given they have not been coddled in K-12 (thanks, our publich school education system) and pushed to excell on STEM. Vast majority of Chinese students and employees particularly if they go back to China lack innovations skills - great at copying technology and massive manfuacturing advantage due to low cost labor, limited environmental restrictions / permits and massive mfg volumes (thanks to all of the Chinese gov't subsidies).
By the way, China will not survive without advanced chips.
@@jallen1227 That's not true at all. The whole copying thing in advanced technology is 15 years old. Most of the research papers on advanced tech is coming out of China these days. It is true that in academia, they do favour applied science over general science/theoretical science. But what people don't understand that the idea is not a product. As Elon said, invention is easy, production is hard.
According to Adam, the US is ahead of China in STEM ??.I nearly fall off my chair... He must be 20 years behind time.
China's STEM is way way ahead of the US .
China produced at least 1.5 millions STEM engineers every year against 100k for the US.
Your right China leads the world in 37 out of 44 critical technologies, with Western democracies falling behind in the race for scientific and research breakthroughs.....
Shhhhh shhhh, don't tell them. Let them believe in their own lies. 🤣😂, The Chinese are creating a new middle class in the Global South, which by the way exceeds North America and European Union combined, truth be told, they don't need the North American and European Union Market, see the size of Africa, Middle East, South America and Asia and their population, when you enrich the Global South it is more rewarding.
He is way behind time
Lol chinese stem students do nothing but memorize and copy. If china produced quality stem students you would see a massive influx of chinese innovations. You see none of that out of China. The chinese education and patent system actively destroys the contribution of their own stem students.
hmm they can produce 1 billion stem workers that just means most will have no jobs in that field. It takes more than stem to keep a country running.
This is the American government against her own people, not against China 🤷🏽♂️
I mean, China wants to give easy and cheap but quality life to the American people but the American government is saying Nope.
Remember it is not about National security! If it is, why saying they would allow their EVs come in on 100% tariff? 🤷🏽♂️
Does tariff remove national security risk? 😂
A country making cheap goods for you is the best thing you can have during a crisis of inflation, but no let's have a trade war instead. 10/10 political maneuver would vote again
You can collect tariff dollars when BYD just don't sell in USA. 4% of the world's population can't buy low cost BYD cars does not matter.
Chinese workers don’t work for nothing, they have the highest hourly pays in SE Asia, used to be 5 times higher than Vietnam. The new Chinese factories are full of robots with hardly any workers. They have the best technology in all necessary technologies in EV, including battery, software control, chips, etc. This is the most important factor, bar none.
It's more than that. America and the west are struggling to get energy after the Russia sanctions. China is getting cheap oil and gas from Russia, Iran and Venezuela, Not to mention the interest rate differences mean that the USD strengthens next to the Chinese RMB. There's a dozen reasons why America cannot compete on price even if they move production to Mexico.
HOUSE COMMITTEE ON HOMELAND SECURITY: So far in FY24, 24,376 Chinese nationals have been encountered at the Southwest border, 24,214 of them apprehended illegally crossing the border. Encounters of Chinese nationals in March 2024 increased more than 8,000 percent compared to March 2021, and just six months into FY24, have surpassed total FY23 encounters.
@@deezeed2817 U.S. is an energy rich and exporting country, but Europe is struggling like you said because they lost the cheap energy from Russia and have to buy expensive ones including from U.S. China’s technology advances are scary, not to mention the EV, they have the highest thermo efficiency of diesel engines, >53% vs the 46% from US, Europe and Japan. They also just have the highest efficiency ICE, 46%, and not yo mention the many other incredible accomplishments. Because their rise is so fast, people around the world have a hard time adjusting their perceptions towards China, thinking they still are a bunch of copy cats that can’t innovate.
@@mtcnew8353 I'm not worried about perceptions. I live in Australia and the market is similar to North America. You think there's no China Sceptics here? Trust me there's just as much anti-China sentiment here as North America, But that hasn't stopped the rise of Chinese cars at all. They just opened a BYD dealership near my house where it used to be a souvenir shop for Chinese tourists. Market realities will always triumph over geopolitics which most people don't really care about or understand.
False bullshit.
Just like China's stealth jet right?
“We’re better at STEM” ???!!!!
Who are these clowns ?
so uninformed it’s crazy. he thinks we’re talking about china from the 90s
Same guy that says don’t go to college 😬
That guy's delusions about America being better at STEM is the reason why asia has it way to easy competing with americans. 🤣
这种视频下，一堆大清子民自嗨
That one coked up dude just rambles. How does he have a job
I just got back from China for business. I went to Shenzhen, Xi'An and Beijing. These cities were amazing. People were great, bars and beers were great and food was amazing. The only thing was that they no longer use cash. Everything was through their pay apps on their phone and as a foreigner, since I didn't have a bank account, it was challenging. A Chinese co-worker setup my apps through his bank account and I paid him back at the end of my trip. But yet, love going there. Great place to party.
Great for you, glad to hear things went mostly well for you
Actually you can connect the phone payment to your credit card, if needed.
下次你再去就可以把你的信用卡绑定到支付宝或者微信了，甚至可以直接用国外的数字支付
支付宝可以绑定信用卡银行卡的，现在除了144小时免签支付宝也可以绑定国外银行卡了，你在谷歌商店或者苹果商店下载就行很方便，但是一定要办一张中国手机卡，机场就有办理的
支付宝可以绑定VISA支付的。
I think the whole Valuetainment Team should do a school trip to China, rather than sitting on their cute little benches in Texas.
They think they’re too good for China 😂
100% their knowledge is at least 30 years old
@@zhinan888😂😂😂
should do a vlog series visiting different Chinese cities
I thought they were in Florida.
@ 6:02 the left side guy goes: ..."It's just cheaper in China because the GDP in China is 5 to 10 Grand, while in America is 50 to 70 grand¨... OMG, that hurts my ears...
China's GDP per capita in China and the U.S.(World Bank data)
CHINA: 2019--> $10,140___2021--> $12,600___2022--> $12,720
U.S.: GDP per capita:2022__> $76,320
However, if you want to compare the numbers that reflect the real purchasing power in each country, you must use PPP values, which take into account the prices inside the country.
1- Healthcare costs in China are nothing compared to the U.S.
2- Food prices in China are much cheaper than in the U.S.
3- The school system from kindergarten to College is mostly public, state-owned, i.e. free. Colleges charge small amounts to cover food and lodging... Unlike the U.S. the Universities in China are NOT profit-oriented corporations.
4- The transportation costs; taxis, buses, metro, trains, air travel...way cheaper (and way better and more modern) than in the U.S.
5- Restaurants, hotels, everything cheaper.
6- Manufactured goods; home appliances, electronics, cars, clothing, everything way cheaper than in the West.
As they say in Vietnam: Same-Same.
坏了，被你们给发现了， 我愿意用一千人民币跟你换一千美元。
@@FMLIU-q2z 停止设置陷阱
@@FMLIU-q2z我给你一千美元但你必须在洛杉矶花，你给我一千人民币，我在广州花 如何？别老想着白天去美国赚美元但晚上马上就回中国花人民币的白日梦
In fact China's GDP in terms of Purchasing Power Parity is HIGHER than America's and that says it all
Thank you China for exporting deflation and making it easier for everyday people to afford stuff. Americans should welcome free market forces to do their magic…
"child labor" work for nothing " I can not believe that guy still using them 😂
Well, to be fair, the children are named Kuka, Siasun and Fanuc. They start working the moment they are born and have complained that they were never given breaks, worked multiple shifts in a row and haven’t been paid in months.
@@fangzification Yeah and they only get fed on motor oil.
Does the phrase 'forced labor" suit you better?
@@fangzification Yup but when they turned 18 they become SUPER SOLDIER
@@fangzificationthey don't understand it😂 this is why I don't recommend anybody to fight CHINA, today CHINA can build thousands of missiles very fast, by using Robots.
The reply from BYD's CEO was ice cold. Like she is all chilled and business as usual: We will just sell somewhere else. Their affordable series will permeate all over the BRI countries... This is why China has been building roads all over developing countries for the past 30 years (infrastructure has always been a thing, Xi only gave it a name and dialled up it to 11). They don't care about the loans they have handed out, they were lining their chess pieces up for their next gambits.
The thing is... I scoffed at Xi's "Made in 2025" initiative when it was first announced back in 2015. I am now no longer a doubter. I realised that most of everything we see now: BYD's EV, Huawei's 5G, ByteDance's Tiktok, DJI's drones, Beidou's GPS, SMIC's 7nm chips, etc are all the end result of decades of planning and policy implementations that's going on long before Xi came on the scene. The CCP Congress already had all the plans laid out decades in advance and they picked and groomed Xi specifically to push the buttons and do what needs to be done.
And China have done very little in responds to what US has been doing from Trump through to Biden. At least not very visible. There were the rare earth export ban and the tariff on larger European cars but they could just be retaining production materials for their electrifications while purging gas guzzlers. What happens when China stop from strengthening itself and properly retaliate?
Meanwhile there are still podcasters in the West who circle-jerk and bark up the wrong tree.
Yeah man it's frustrating. I used to watch a bunch of China Uncensored and every TH-camr here was talking about their Ghost Cities, as well as the incoming Market Crash, then Evergrande.
I've been listening to a lot of Michael Hudson, Geopolitical Economic Report, and Sean Foo, and China is seriously who we should be learning from. Their system is far superior than ours in terms of getting long term projects moving and having a 50 year mindset.
The US is the reason why the majority of the world is a third world nation.
@@gregoryedwards9097 Honestly, I don't mean to be disagreeable with you but I wouldn't say which is better. There are pros and cons to the two systems. Honestly, I would still love to go LA or NYC because of the entertainment and cultural significance (and also legalisation). China is great because you don't have this lingering thought of needing to be careful, everywhere are affordable and accessible by public transport. And people mostly are relaxed and happy.
I went on this big tour around China in 2022 since after their opened up from their lockdown. I think the news cycle in the West was on the "CHINA WILL COLLAPSED IN 24 DAYS!!!" narrative. You know, youth unemployment was massive, consumer spending was low and there is a demography cliff because the Chinese aren't having enough babies.
So I went with the expectation that I would get the whole place to myself. I could go visits all the tourist attractions and it would just be me because everyone would be at home to avoid spending any money. Boy, was I wrong! There were places where I had to queue for 3 hours before I could get on the cable car. Zhangjiajie, WuDong Shan, Xi'an, Hua Shan, Chengdu, Chongqing. Everywhere were filled with parents taking their kids on their first ever summer holiday trip because of Covid. Where was the doom and gloom that was reported?
I have been on many trips to China since then. I have been to Hainan, Xiamen and frequently Shenzhen and Guangzhou and I could never reconcile what I physically see with my own eyes with what I have read or watched.
Honestly, sex sells and so does fear against China these days so I understand why some content creators do it. To really understand though... NOTHING is better than "Boots on the ground".
@@BatCountryAdventures where are you from
@@adaada4523 Grew up in UK. Couldn't find work when I graduated with Civil Engineering degree back in 2010 because of Subprime.
Went Hong Kong, got work after a week and lived here ever since. I wasn't too keen on The Mainland at first but well, if you have seen what I have seen, you'd have to be outright ignorant to think that the Chinese would be better off any other way.
There were times when I felt sorry for the Chinese but as their country kept on their meteoric rise while UK decline accelerates, I actually couldn't help but feel the opposite.
wow!You even know China better than most Chinese people.I think 80% Chinese dont know "Made in 2025" and many technologies today actually started laying out 10 years ago.And，making money in HK，then spending money in mainland is really cheap😊
I love my country … but if the Chinese is willing to sell EV under $12-15k, hell yeah, we will buy them. Screw greedy American legacy car companies. Nuff of being taken advantage of by ford, GM and the bunch and their dealerships.
We need those cars over here just for the competition. Our car manufacturers are corrupt and lazy.
Better balance of the high prices...high prices with plastic dashboards and door panels. With a lot of recall on them. Engines, transmission, sensor, airbags the list goes on
You realize they use child labor, lax regulations, and a lower price to manufacture. USA has laws preventing corporations from even getting close to reducing their bottom line to compete.. simple
Did the dude just say the US is better at Math than China?
He sure did..lmao
He's a dope! What do you expect!
Most of the people in the US DOESN’T EVEN KNOW WHAT MATH IS ….why?? PLEASE A ROUND OF APPLAUSE FOR OUR EDUCATION SYSTEM LOL
@@user-kx5lf6kc8w Oh yeah... People on FB would comment the answer to some basic algebra problems that "only 1% of the population can solve" and be all proud and almighty.
You don't even get that on Chinese Social Media because it's insulting for them! :D
The saddest thing is that we are not even embarrassed about how stupid we are. We’re mad at others for them being smarter than us lol
It was "free trade, open markets, globalization" when things went your way, when they are NOT, you sanction any country that does
Yeah, that was supposed to happen when countries don't subsidize companies to dump cheap stuff on the international market like you do.
@@vladpaul01 and yet your gov is so afraid of the 'cheap stuff' in which they have to put on more than double the tariff to prevent them entering to the market. Why the hustle, let the crap prove they are worthless, right
@@唐欣韵-y2o Yes, it's crap but some people will buy it just because it's cheap. And no, we don't need to send more jobs to China.
I’m Chinese American. I went to UC schools. I can tell you that the average American is NOT good at STEM and English. And you can forget about Americans being more creative.
@jkdm27, The rampant intellectual property theft in China, of western intellectual property proves your comment incorrect. We innovate, you copy.
So is that the reason why China can not create computer chips? You have outsourced Americans to work for your country in its development? And also the technological stealing your counrty engages in must be from Chinese Americans and not General Americans, as we are so stupid.
Yeah they suck at making an effort just like their parents . Instead gaming and at homegetting high and drunk, beating off instead of studying
He meant the top of the top. Talking about how we have better space scientists, science and stem organizations and some of the world’s best mathematicians. However I agree the average American isn’t as good at it.
Totally agree. I can't even begin to tell you how back-ass-words every graduate I've talked to in the past 3-5 years are. No brain. Not even sure they should have graduated grade 3 in some cases. Not all. But a good majority.
Adam is so behind the times on China it is laughable for anyone who has visited there in the past 5 years. Even Japanese tourists who visit the large cities say how much more convenient and advanced the technology is over there compared to Japan.
I doubt that very much you probably don't know any japenese people they literally hate each other china certainly not a tourist destination for japanese people bit like an indian going on holiday in pakistan it just doesnt happen
Better technology?
At which?
Nowadays he would have to be very specific about which tech sector US is still ahead of China.
I bet the amount that I can count with my fingers.
There's literally a run of Japanese tourists to China right now.
@@archstanton5973 nope
@@jakew8979 *PROVE ME WRONG.*
I just bought BYD Seal Performance. It's about $15K cheaper than Teala M3 Performance. Yes, slightly slower 0.7s 0-100 (62), but looks wise, ride and features, a better car.
Chinas toddlers are crunching advanced arithmetic while our kids are busy watching Blippi and Ms. Rachel. 😂 No way we are better at math than China, Adam.
Yeah. 😂 Most people in this country are not living in reality.
And unless Xitler thought and to hate Japan
Lots of more hard working engineers in China who will work 10 hours a day, 7 days a week than in this experiment we call a country lol
@@ml-mw7ms Chyna is living in a bubble, why they have a firewall to feed their people CCP bs only.
We are better at math than China.. I think they are referring to the Chinese American students.😂
5:41 this guy knows nothing about china
4 clowns 🤡
people wake up... 100% tariffs is bad for all. instead of paying $10K, you will need to fork out $20K for the same car. the american people are the true losers - why do you want to pay 2x more for the same car?!!!!!
It will preserve the American car market
They need to be careful with lowering it markedly otherwise Chinese EVs will flood the US market, and if they can be controlled remotely they can be weaponised as well.
So the aim of that tariff is probably to carefully and gradually force the US EVs companies to be less greedy and compete with imports in favour of US customers
dede, its free market if USA is winner. however, if China is winning... lets end free market and add tariffs.
We aren’t the only country that does this.
I can't afford anything the American manufacturers build, bring in the damn Chinese.
They have a massive surplus of these vehicles literally piling up in junk yards and are dumping the excess on our shores for pennies on the dollar. It’s deliberate, and done by their government to collapse our industry. Economic warfare.
I love how some American as soon as when they heard something positive about China they started saying how bad China is 😂😂😂
There's nothing positive about China. 80-90% of China's ground water is contaminated and unfit for human consumption. That should tell you all you need to know about China. Hot garbage
These cars a garbage, and the CCP is objectively horrible as a repressive regime currently genociding Uygurs.
China is the land of shortcuts and facades. Even if they did do something good (they didnt, their EVs are garbage quality), no one would believe them because they lie about their achievements all the time.
copium tendencies...
That’s a clear sign of the decline.
It's no just owning the rare earth elements, most Chinese companies are also highly vertically integrated, which means that they produce their own major components in-house. BYD, for example, produces not just its own batteries, which are by far the most expensive components of an EV car, it also sells them to competitors such as Tesla.
Adam is a 🤡
Ass🤡
the problem with yanks is that they think the whole world revolves around them and that they make up the lion share of the global market. They don't.
china has its own market to contend with and markets other than the US, which is a lot of customers.
PBD is also a 🤡
Absolute dick if you ask me!
Reason US can’t sell cars for 10-15 k is because the CEO get paid 60-70million a year and down the line. No Chinese or Japanese Auto CEO get more than 5-7 million. Japan can make cars and ship them and still make profit. When US cars are made of cheaper materials and basically same price.
I work around Fremont where Tesla is. Almost all the engineers here are Chinese and Taiwanese. Tesla is an American company but almost all the STEM talent is foreign. All the Americans do is work in sales, supply chain, and HR.
This 100% tariff is embarassing. Its like each countries "EV Homework" is due and China got an A+ and the US is saying "the dog at my homework." China has been working hard and investing in this industry for 15 years. The US has been protecting oil interests instead.
china was innovating on EVs while the US marketed F150s and other giant gas guzzlers to people's egos.
Spot on.
they will not progress in EV in america, too many elites and the rich are share/stakeholders to oil companies
"we are better at STEM, Maths"......hahahhaha.....I am sorry I can't help.
I am chinese，i think america is better at stem than us，you think we are better。yeah，The grass is always greener on the other hill
@@zongshanli-mw3uedon't even tell u are Chinese lol... All ppl accept that China are better in that and ofcuz USA not that behind but still they need some improvement by not seeking excuses in their education
@@zongshanli-mw3ue 研究领域比我们早显得领先而已，从目前的成果、人才储备、发展速度，已经落后中国了
Those American that are better than Chinese in Math, are actually American Chinese 😂😢
America can't even make electric bicycles compared to China
THE AVERAGE INCOME IS SHANGHAI IS AROUND $4000 DOLLARS A MONTH..COST OF LIVING IS A LOT CHEAPER IN CHINA SO 4000 USD A MONTH GOES A LONG WAY. THE CHINESE ARE SAVERS AND HAVE A HIGHER PURCHASING PERITY. ITS NOT CHEAP LABOR.
Yes everybody see chinese workers like all poors waiting in line to eat like North Korea this is not the case :)
Wrong. The vast majority of workers in China are low skilled workers brought in from the rural areas and are payed pennies. Nice try. Propagandists.
It’s more like 1.5 to 2k usd median
@@weetaoneo3081 But the purchasing power in China is 3 to 4 times than in the United States
shanghai 2000＄,4000＄is rich people
BYD just released a new hybrid car runs 2400km with one fill (50usd full tank) and 2hour charge, price at 15kusd.
Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.l can't fold and watch people around me suffer.
You've got this. It's hunker down time now - $$$ for bills and good, nourishing food and back up supplies. Get out in nature during precious "down" time. Just breathe and release. Make it a family decompression session
Getting miss Jarvis to help me really helped me clear all my debits. I started with what I have left and it's been the best decision I ever made
FrayeJarvis
She mostly interacts on tele g rams, using the user above.
Pat, please look at the larger picture: the US cutting off the Chinese access to the US market is the same thing the Brazilians did when they protected their market.
Now, no one outside Brazil buys a Brazilian car. They simply made their industry uncompetitive.
It is like protecting a kid from sports injury by never letting him play sports.
This crew needs some schooling … this is why school is important learn some advanced fundamentals of business and economics. Now they are just stating opinions based on feelings. Make Universities great again! So people stop saying college is not important.
But in contrast to Brazil, the rest of the world are buying Chinese cars...specially in the global south. Even Australia, a US ally is importing them.
you know its election season. its a persuasive tool at least
The reason China is able to build products so cost effectively is not simply because of cheap labor but also because they have complete vertical integration of supply chains top to bottom. From refining of rare earth minerals all the way to assembly. Everything can be done in China without having to outsource. Not to mention they are leading the world now in use of AI automation and robotics. China’s total manufacturing output is now as much as the next 5 countries combined.
It’s not that they work for nothing, it’s that here in USA you could not survive with those wages, but in their countries those are good wages because the cost of living is so low…not that hard Adam
There's that as well as automation.
Trying to explain logic to Adam... just give up lol. His brain left him long ago.
Actually Chinese manufacturing wages are pretty high now for skilled labor.
There are some workers in China literally working for nothing.
They are housed in factory apartments, and their wages are used to pay for food and accommodation. Basically working slaves
@@Crayma800workers in EV battery industry is good, if u r some kind of technician, u live a decent life.
The 100% tarrif on a $10k ev is still cheaper than a Tesla.
True but it would have been cheaper. 😭
It’s Chinese junk. Who cares how cheap they are.
China safety standards 📉
@@dennisestradda9746 that's the part that's the trap. Forcing auto industry to compete in a shit show.
when usa is winning, its called free market. if china is winning, end free market and add tariffs.
It’s time America catches up to the world. We need to start fixing our infrastructure investing in the future, instead of fighting conflicts abroad and only helping out the industrial weapon company.
Americans must know and face reality before they can make progress
This is a very good idea, but I think you should let Chinese construction companies participate in the bidding.😃😃
Oh my god... These guys are SO out of their depth.
It's like all they can do is react to what China has done 20 years ago and poke holes in it.
The reason why Chinese EVs became so good was because they invited Tesla in to "Cat-fish" their own EV makers. By introducing competition, it stress tested the 100s of EV makers so only the leanest and most innovative could survive (the opposite of what US is doing).
Some of the long term policies are what enabled EV makers to produce, sell in large volume and to then perfect their products. Apart from pushing for massive roll out of charging stations, cities like Shenzhen banned the use of ICE for their taxis, driving enormous demands for EVs. The list goes on.
The rare earth is not just luck! China have some of the rare earths within its border but not all. The rest were acquired by spending decades investing in countries that have them. Also, it's not just about having access to the minerals, its the development of the entire processing and logistic infrastructure that made it all so cost-effective.
You can't make high-end product that size with cheap labour! They have a lot of robots! And have been installing more robots than all industrialised nations in the past two years.
The thing about nuclear power for desalination. China is already taking massive steps in Small Modular Nuclear Reactor. So yeah, you can pop a couple along the coast and you will get clean water and lithium and China is well on their way to doing that in scale.
@BatCountryAdventures, Wrong. They invited Tesla over to do what they always do: copy and steal proprietary technology. They are incapable of creating any innovation on their own.
And you dont really need lithium, cause BYD/CATL are on the next sodium-ion batteries tech now.
@@jayzee316 Yes... Even though it's tempting, let's not get too far ahead of what's been discuss in the Podcast. Otherwise we will be here all day when it comes to China's future plans. ;)
Sodium could also be extract from seawater, which has the dual benefit of providing a key mineral for battery productions and desalination. So SMR by the sea is still a good idea.
you typed too many words, it's too difficult for average Americans to process
@@BatCountryAdventures ignorance is bliss.
so china started utilizing their own cheap production muscle for themselves and suddenly this is unfair? :)
Because it's not american brands or products..LOL
Dude. China labor not cheap.
If China people keep making some children's toys and shirts.Wouldn't that be great?this is what the U.S. government thinks.😂
@@JeffGu-i1z did I say 'labor"? Besides...it is cheaper than US labor...
@@西瓜不太圆 Whatever is better quality/cheaper/ more advanced os good for all humans
Every group need that one silly friend 😂😂
MY MOM WAS A U.N DOCTOR AND AS KIDS WE TRAVELED AROUND THE WORLD..WE AMERICANS ARE 350 MILLION PEOPLE IN A WORLD OF 8 BILLION PEOPLE. OUR DELUSION ABOUT OUR SIGNIFICANCE IS SCEARY. THE GLOBAL SOUTH WILL LEAD GLOBAL ECONOMIC AND POPULATION GROWTH FOR THE NEXT 100 YEARS. THIS IS A MARKET OF ABOUT 6.3 BILLION PEOPLE..AFRICA ALONE HAS 1.3 BILLION PEOPLE..THESE REGIONS ARE GOING TO NEED TO BE DEVELOPED AND THE MARKET OPPORTUNITY IS IN THE TRILLIONS OF DOLLARS. THE AFRICAN ENERGY MARKET ALONE IS WORTH TRILLIONS OF DOLLARS. PROTECTING THE U.S MARKET OF 350 MILLION PEOPLE WITH A DECLINING STANDARD OF LIVING, DECLINING PURCHASING PARITY AND A DECLINING MIDDLE CLASS IS WITH OVER 2 TRILLIONS DOLLARS IN CONSUMER DEBT IS PURE ECONOMIC STUPIDITY AND AN UNWILLINGNESS TO ADAPT TO A CHANGING WORLD.
Turn off your caps. No need for screaming here.
Stop. The global south isn’t capable of keeping electricity on in it’s best cities. They build nothing, they invent nothing. They have severely low IQ. The global south isn’t going to lead anything anywhere.
It’s amazing to me that people think the United States or Europe has some kind of magic soil. It doesn’t, it has magic people, people with European descent.
You are right. But no one will listen. Americans believe in their own superiority regardless of the actual evidence, and they refuse to take advice or learn from others. They are arrogant and stupid and it will destroy them.
You are right. But no one will listen. Americans believe in their own superiority regardless of the actual evidence, and they refuse to take advice or learn from others. They are arrogant and stupid and it will destroy them.
@@fischman26-ChinaMany comments in lower case are not even read.
DId this guy really claim the US is better than China in Mathematics?? lmao
*Very patriotic indeed 👍*
Average redneck is genius at maths 😂
The reputation of China's vehicles has changed rapidly, from being seen as low-quality beats to becoming a true competitor for Western brands.
people still think the biggest competitive edge of chinese EVs is price? im just laughing.
Ignorance is a real thing, unfortunately. Even with so-called educated folk.
Reason that BYD isn’t down is because it isn’t prone to scummy US short selling tactics… being on Wall Street is a joke
Btw, this podcast is brilliant. Well done for actually doing the research here. I'm a European with business in China and I already knew many of the facts here like China's rare mineral dominance etc...
Many people do not like to confront the objective truth. Still learned quite a lot like I didn't know China had such a massive lead in only 4 years by sending EVs to developing economies.
What has happened with the EV market in China is a thing of beauty. It forced TESLA, BMW, Ford to slash their EV prices too. You can get a TESLA for under $30k in China. Cars are far too unaffordable in Europe.
I agree with Tom that America should compete and win, rather than using laws and regulations to stifle competition at home or abroad. Our greatest victories have always come by competing and winning: Standard Oil, WWII airplane and fuel production, The Cold War, etc.
More freedom is the answer.
Less likely...America has been too comfortable on the soft seat. You not going to tell them to work twice harder and getting less than what you get before. Its more easier to climb from the bottom than rebound from the top. Also their mind set of a central of the universe, well not anymore. In the past, competition never reach a level of current day. While billion of people in china improving every hour, US questioning whether man can give birth and women have an eggplant.
The main issue with your point is the assumption the regulations and costs are the same between both countries. The USA is not as competitive for these reasons.. USA needs to deregulate if we are to compete better
China has cheated the African nations of their mines that have these rare earth minerals many years ago. They also cheated them out of their shipping ports and turned them into Chinese military bases, then transport these minerals thru these ports.
@@captmac223 that is 100% my point, yes. We could be the largest energy producer overnight and massively drive down production costs across the country, for one easy example, if only we had the will to do so.
@@petergon3613 socialism doesn’t need any help to fail.
Most of the panelists have got night college diplomas.
Forget range or prices, the first thing that surprised me getting into a BYD was just the quality of the interior. Started shaking all the panels in my cousin's car; center console and everything was built solid like how older Benzes or Porsches feel. Faux leather where you'd usually expect plastic (like on the door bins), and all that for Honda prices. Honestly might have to move to Thailand or smth to get my hands on these.
I did test drives on a few BYD modals, NIO, LI Auto, Xpeng and also Tesla modal 3 and modal Y. I ended up with a Xpeng. I love its design and tech and the price.
Well, stop building cars and charging us $100,000 for a truck.
Indeed our money is devaluated years after years combine to big salary in the industries the system is fucked up!
Cybertruck is under 100k
@@AverageJoe483 And is also useless as a truck........
My wife has a kia forte gt, 26k car. It even has ventilated seats, lane assist, good infotainment system etc. Yes it's a smaller car and sometimes people question the engine durability (we haven't had any issues yet) so it goes to show how EXCESSIVELY these companies are over charging for trucks and most other cars. So ridiculous! My 2017 ram was 40k, hemi, big horn....5 years later the same truck was 65k. Absurd.
It's the epa
I just came back from China and BYDs and other electric brands were very common. I rode in many and can confirm they drive better than my 4 year old Honda. We can tout about the quality and safety all we want, but from what I saw they seemed just fine for the price. And if we don't think there will be a demand for this, think again. Proof: Look at all the Kias and Nissans on our road. You think those buyers won't make the switch?
So let me get this straight... People can't afford shit but now instead of letting us get a $10,000 car, of course our government still needs to make sure that we still struggle to get a vehicle. Cause that's what they do, definitely for the people. 🤦
Yep, that's not allowed here in the States.
Great job China culture, centuries of being patience and wise, one of the oldest cultures is alive and thriving
The Maoist Revolution destroyed the previous culture as one of the “Four Olds”. You are tremendously misinformed (probably as a result of the Soft Power Propaganda that is relentless directed at westerners by the CCP).
Chinese culture was destroyed under the CCP. Now it only exists in Taiwan.
Adam makes everyone in the group sound smart. That’s why they keep him. The only one in the group who has done zero fact checking and zero homework on this topic.
You told the turth！
For each China EV
car that American purchase, half of that money goes to the US government. And Americans thought that it’s good tough steps against China with tariffs. You guys are screwed.
We’re better at? You buy a car built in China you go 150k miles before maybe fixing something. You buy American you’re lucky to get 30k before something fails…
BYD just released a new car called QinL. Someone tested its fuel efficiency and broadcast it live, managing to drive 1,229 miles on just 65 liters of fuel. The entire route was on the highway, including some sections with heavy rain. Another time, he drove 1,478 miles at a slower speed.
"China will be the dominant global player in the transportation sectors of the future." ~Bloomberg Technology
That's today's reality, CHINA is already exporting more cars than JAPAN.
From what I observe on American college campuses, Asian foreign students tend to choose STEM subjects but American students, no doubt brilliant in their capacity too, tend to study social science, philosophy, and humanities. Not saying these subjects are inferior to STEM, as I am a polisci major and I found it helpful for my career. However, the basis of America's success for the past 60 years, or the Western world's success in a broader sense, owes it to its technological innovation. This entire generation of American schools is so diluted with humanities degrees to the point where actual science is left behind. THis is not a good look America.
Americans like to study social sciences because social sciences are easy.
The West emphasizes too much on marketing and propaganda. That's why everybody's trying to become a TH-camr.
Please keep the West in this state and never wake up. We hope that every one of our opponents will be so optimistic and stupid!
It cost the same to charge a cheep car as a expensive one, we don't have power, wake up people.
Cheep? Cheap* you 10 cent bot, improve your English to be a 50 cent one!
@@comment2kare They work great in the cold. They can't supercharge at -20F without preheating, but those temperatures are extreme. It's similar to a diesel in that respect, and nobody complains that a diesel truck has to be plugged into a block heater when it's -20F overnight, it's just a reality. EVs are actually better in the cold than gas or diesel vehicles - for one thing, the high voltage battery keeps the 12V constantly charged, something you won't see in a gas vehicle. Your entire conspiracy theory about economic enslavement is comical and complete nonsense.
@@Aegisx5 🤡
No they don't. I live in FL. HOT. Car works great and has for years. I paid 9k for it cash and haven't had to pay for gas since. My mile comes out to about .80 per gallon. But I don't even pay that because I have solar panels. Wake up people. Break out of the system that owns you. If you can make your OWN electricity, they have nothing on you.
lol my charging is free holding on to my old ass tesla
No one wants to talk about the brilliance of the BYD Chemical Engineers on their batteries! Forget self driving, a battery that costs 1/5. Buy GM...
Why GM?
GM will be using the Tesla charging STANDARD! passive money coming into Tesla simply by people paying to charge. Tesla is taking the EV sector they are working on taking the energy sector. AUTOBIDDER
And a higher rate of them catching in fire. I mean, if you are of the mind the world is over populated, I guess it's genius.
Is that that same company where their vehicles catch fire or the axles and chassis's are falling off?
GM lmfao. Keep buying your 6.0 V8 that does 0-60 in 11 secs. American cars are ridiculed for their horrible efficiency and bad quality you guys should be the last to talk when it comes to cars.
To reduce gasoline usage, some cities in China offer a maximum subsidy of 72,000 RMB for Volkswagen electric vehicles, 33,000 RMB for Tesla cars, and 22,000 RMB for Li Auto vehicles. In China, the subsidies are provided to consumers for purchasing cars, not to car companies.
For years I have been hearing from different sources that China has been stockpiling rare earth metals from both internal and external sources. They are investing and lending money HEAVILY to african countries with large amounts of rare earth metals. Then they leverage those investments to get first rights to mine or buy those metals.
That's what you call intelligent long term business planning.
The guy who said China builds iPhone with cheap labor as the edge, is utterly ignorant of the unmatched supply chain of tech components that cannot be replicated anywhere else on earth. Quality, speed & price. IPhones are so automated only 5% of their cost is manual labor. If it was just cheap labor, they would have lost to Vietnam, India, Philippines, Malaysia... would've
China is losing manufacturing to those other countries
@@UnknownUnknown-tu3be That is because China right now does not considered assembling as a major advancement in manufacturing. To put it simply in dollar terms assembling an iPhone only earn an income of $8, how much do they earn from selling a car if we take out the parts?
@@UnknownUnknown-tu3be China is giving those low value manufacturing to those countries, not losing. That's the result of industrialization, like what Britain did 150 years ago.
That Adam guy isn't the sharpest tool in this shed.
This is why I don't understand Americans celebrating the tariffs on Chinese EVs. Companies like BYD make good, affordable EVs with long ranges. Why are you happy that they'll be 2x more expensive for you? Tariffs, after all, are taxes that the American consumer has to pay.
not if we dont buy the pos's, we dont.
we've got enough used gasoline cars to last for 40 years, minimum if we never made or imported another one. We need EV's like we need a hole in the head. What we need is another $10 per gallon tax on gasoline, to MAKE people use e bikes, bicycles, scooters, MAKE cities create bike-only traffic-lanes and MAKE people car-pool, live closer to their jobs, (or take a job closer to their homes, same thing)
No average consumer would celebrate this tariff!!! 76% of the consumers 40 n under said they would buy Chinese EVs
@@SonnyCrocket-p6hyou're in favor of 15 minute cities? What are the positives for common people?
exactly let's just have China own our minds through tiktok, buy up farm land, own our real estate, and control our cars
Check this out: BYD just launched its new 5th generation of hybrid plugin DM-I model, which runs a full range of 2100+ Km with a full tank of gas 65 liters, many car TH-camrs real world testing reached 2400 Km.
This is equivalent to some 80+ miles per gallon, on mix of highway and local streets.
And its price starts at ¥100000RMB (US$14000). It’s just insane.
It’s all over in the Chinese news.
Our government makes sure that it has zero chance coming into the US market, and the Canadian as well.
EU would make sure the final sale price is 2.5X or higher.
In a word, we got nothing to worry about.
😂😂 You can't protect yourselves from the progression of technology forever
There is no such thing as Child labor. There are not even much adult labors in this industry today. BYD production line is full of robots. BYD production capacity will reach 8M cars per year at the end of 2025. BYD owns eight RO-RO ships now.
I think it good that China is getting into the space. All the other manufacturers have gone crazy with prices.
the american auto market has perverse incentives to produce and sell bigger and bigger SUVs which are terrible for pedestrian safety, traffic, fuel efficiency and road infrastructure.
Thanks PBD for helping Americans know that not everything is political. China also has resources. Better collaborate with them otherwise you are falling further, China ain’t stopping
China dominates Gloabl EV sales because 20 years the predictied growth, planned to compete and invested. They invested in R&D, building a national supply chain infrastructure. They encouraged competition and let foreign EV companies into their market allowed Chinese EV companies that were not profitable, to fail. That is EXACTLY how a Gov should support industry. US Gov would NEVER allow GM or Chysler fail (look at 2008 Bailout) no matter how badly they run their operations. US has massive Oil and Gas subsidies and huge Tarrifs to protect US Car makers.
The same story with US Tech and Agriculture, Gov subsidies and Tarriffs not investment in R&D, infrastructure and Long Term Startegy.
China is doing CAPITALISM way better than USA.
I was in China last month and BYD cars blew my mind.
BYD's newly launched hybrid electric vehicle can run over 2400 kilometers with the air conditioning on during testing. Many car anchors with millions of fans have already conducted tests. Selling price of 14000 US dollars
BYD regularly fails brake tests and other safety features ubiquitous in the US
@@brandonjelke9569 Regularly ? BYD doesn't even enter the US, what are you talking about?
@@hynoor7254 I think he mention about BYD electric bus, and it made in the US.
As a Chinese person, let me share a simple fact: BYD is already one of the top automotive companies in China, and their employee benefits are among the best in the country. However, workers, such as those in the plastic film blowing department, work 12 hours a day for around $2.75 per hour. They are unable to truly own their lives, working like cattle. The government and capitalists know that if you feed them too well, no one would be willing to do the job. Wages are set just high enough to cover basic needs, ensuring endless labor. You may benefit from China's cheap labor through free trade, but you should thank the hardworking people and workers for this, not the government and capital that put them in such a situation. By doing so, you are only driving them deeper into the vortex, pushing them to produce even higher work efficiency. If you continue this way, there will be no one left to speak up for them
Additionally, consider the street sweepers in China. The streets in Chinese cities are cleaner than those in most developed countries, but do you know why? These workers earn about 2000 RMB a month, which is roughly $275. They work 12 hours a day, 28 days a month, which translates to a wage of just 6 RMB per hour, or about $0.82. If developed countries had thousands of full-time cleaners working for $275 a month, wouldn't their streets be just as clean?
let them cope bro, respect from india
This specific brand is huge here in Costa Rica. I see them all the time.
Thanks to China , everyone can own and drive an EV.
Thanks to them, everyone can own a Roman Candle on wheels 🔥 💥