I've seen dozens of videos about electric cars in China, and this one is the only one that mentions the fact that foreign brands like Tesla are also subsidized by the Chinese government. DW BBC Bloomberg CNBC and even the media in Singapore have been repeating to varying degrees the lie that only local Chinese companies can enjoy massive exclusive subsidies. And, of course, cheap labor costs and even forced labor. They will never tell readers that the subsidy is available to all domestic and foreign brands, and that the national subsidy policy has officially ceased at the end of 2022. Nor will they ever showcase the automated production lines and legions of young, well-paid software and hardware engineers of Chinese automakers.
Well many governments also provide subsidy for ev cars makers, either their manufacturing or reduce the price for the buyers. It’s all government support for ev cars. It’s no different in china, USA or many countries in Europe. The question is how much subsidy government has paid….
@@user-hf4tv2kr2u*:* "chew gum go to jail Singapore" is "human rights loving 'democracy'" ACCORDING TO MURCA! while "evilcommmmmeeeeeeechineeee EVIL" *cause china don't bendddoovver for MURCA!".*
Fear is the only reason the U.S. wanted to contain China. When tariffs failed, technology sanctions followed. When both tariffs and sanctions failed, de-coupling became the buzzword. And when de-coupling was found to hurt the U.S. economy more than China's, it was changed to de-risking which in effect means a "slow de-coupling" until a more appropriate time. Twenty years ago, American muscle cars and reliable Japanese cars plus reputable German, French and Swedish cars and even newbies from South Korea were selling like hot cakes in the Chinese market and each and every maker made a fortune in China. Nowadays, however, the U.S. has no hope of selling anything to China -- not only industrial products but also agricultural produce which are easily replaced by many other countries around the globe. Now, America wants to ban Chinese EV's on the ground of the, again, "national security" scapegoat when in fact they fear for the future of all American automakers. Fear has also invaded European minds and the Europeans want to adopt the American low-life tactics. Sooner or later, the world will be divided into 2 camps: one that embraces worldwide integration and the other a closed economy that fears competition. The acceleration of the de-dollarization movement will speed up the divide even further, to the point that it may break the world monetary system in half. Perhaps the coming "collapse of China" can somehow soothe the overwhelming anxiety of the West?
Please like and share it with your frustrated Heendoo friends 😎 - Chyna's economy is 6 times larger than Yeendia's. - Chyna's yearly growth is 5 times greater than Yeendia's. - Chyna has better living conditions and healthcare; on average, they live a whole decade more than their Yeendian counterpart. - Chyna is 60 times richer than Yeenndia. (I know it's unfair that the British looted 45 trillion from Yeendia, but it is what it is). - Chyna launches 20-50 times more rockets than Yeendia into space every year. - Chyna is a lot more intelligent, with an IQ of 104 compared to Yeendia's 76. - Chyna is more athletic and stronger than Yeendia, winning 38 times more gold medals than Yeendia in the world olympic games. - Chyna's reserves is 7 times larger than India's reserves. - Yeendia is forced to use the Chynese currency when purchasing oil from Russikies, Ir@n, or Venezuela. Due to weak & undesirable Yeendian Rupees. - Chyna has 21 times more companies in the Fortune 500 than Yeendia. - Rovers on Mars Chyna: Yes Yeendia: No - Brought back Lunar Samples Chyna: Yes Yeendia: No - Humans in space Chyna: Yes Yeendia: No - Space station orbiting above us right this moment Chyna: Yes Yeendia: No
Or perhaps the US want's to protect it's own industry ? Do you know how many factories have shut down over the world due to the access to cheap Chinese workers ? The US just wants to keep its industry alive. Which is why EU cars have massive import tax in Asian countries because if they were cheap then people wouldn't support their home industries. Simple economics really and very fair.
@@teoengchin its hype totally useless in daily usage maybe it could be usefull on the ocasinal long range drive but then you could charge 80% in 20 minuts anyways so all this infrastructure just feels like a waste of money
Do you guys even own a Nio? Fast charging is not available everywhere and battery swapping shortens cross province battery charging time. How is that "just hype"?
In 2000, the share of global manufacturing for China and India was 7% and 1%, respectively, but in 2023, China’s share had grown remarkably to 39% while India’s share languished at 2%. While China’s share of global goods exports increased from 2% to 15% annually, India’s merely grew from 1% to 2%. “Will India Surpass China to Become the Next Superpower?” Harvard University Foreign Policy Studies 2023
You cannot underestimate India. It should be noted that India has the highest production and consumption of cow manure in the world, which far exceeds that of underdeveloped China.
@@user-hf4tv2kr2u*:* incredible! superpower! india! has a PER CAPITA GDP of 2,600 dollars *WHICH MEANS THAT incredible! superpower! india! IS POORER/HAS A LOWER PER CAPITA GDP than:* *- ANGOLA* *- GHANA* *- REPUBLIC OF CONGO* *- IVORY COAST* *- PAPUA NEW GUINEA* *- SANCTION-DESTROYED VENEZUELA* *- SANCTION-DESTROYED IRAN* *- ECONOMICALLY FAILED LEBANON* *- NAZIsraeli-OCCUPIED PALESTINE* *- WAR DESTROYED SYRIA* *- WAR DESTROYED LIBYA* *- STREET GANGS DEVASTATED EL SALVADOR* AND, if we then take into account the 440 MILLION "indians" IN Uttar Pradesh and Bihar and Madhya Pradesh, we see that those 440 MILLION "indians" *ARE POORER/HAVE A LOWER PER CAPITA GDP than people in:* *- KENYA* *- HAITI* *- ZIMBABWE* *- SENEGAL* *- CAMEROON* *- ZAMBIA* *- TANZANIA* *- UGANDA* *- SUDAN*
Its called investment. China invested heavily on education, technology and production. Here in the US our government has invested in failed companies while Tesla continued to grow and flourish.
The US may impose tariffs or ban outright foreign imports if they are superior to their own products.They do this to any nation ,ally or enemy.We saw this when they imposed tariffs on products from Canada and Germany,both vassal states of the US.To be a friend of the US is fatal as quoted by Dr Kissinger.
@@dandjsh7978 I am not saying the US will impose tariffs or ban on all foreign imports!They will do so selectively in cases where they want to protect their industries which are not competitive. Japanese cars were restricted for many years when Japan was resurgent and the Chinese stuff for sale in Amazon are indispensable as the US no longer manufactures them.
"Overtaking on the bend" is not an accurate analogy since the cars are still on the same racetrack. EVs have allowed Chinese auto companies to move to a new race track with new rules
In order to gain control of Tik Tok's algorithm and company, the United States is now establishing laws at the speed of light to force acquisitions. It is a pity that Chinese manufacturers are unwilling, because the commercial secrets of the successful algorithm TikTok cannot be handed over to the US government and companies, and the Chinese government will not allow this to happen. What is disgusting about the United States is that they not only want to completely ban Tik Tok in the United States, but also ban the downloading of Tik Tok applications on the platforms that Google and Apple have a monopoly on. They want to ban Tik Tok globally。
In 3-5 years, the range of electric vehicles in China will reach 1000 to 1500 kilometers, and the survival space of gasoline vehicles will be further compressed!
India has a lot to learn from China, how they made their population their biggest asset is very fascinating, if the world will help and Indian youth will work hard someday India will definitely rise at the same level. I am rooting for my country
The problem is that India is too divided. I mean they are still having infighting amongst each other about who's caste is higher. I get that it's an ingrained serious problem that is stuck since generations ago, but China is united sort of. Everyone teamworks and does the same thing even if they are literally working to their deaths. If a nation can't be united even in the smallest sense, let alone in bigger visions
For once an SCMP video that I actually watched till the end, the normally pro-west biased SCMP is balanced and informative in this video, what a surprised! Interesting how the Chinese EV programme was planned long before everyone else, great leadership with visions is what we need, and competition supplemented by suppression of foreign powers only bring the best out of Chinese folks. Great video for once!
Japan and Europe car brands are losing market share therefore all they can do is add import taxes on Chinese EV's to stay relevant. An EV in China for 13k euro will cost you 40k in Europe.
Among the world’s 20 largest technology companies, 6 are Chinese, while none are Indian. China is responsible for half of the world’s 5G communications facilities, while India zero. China owns platforms like TikTok that serves users all over the world, India does not.. “Will India Surpass China to Become the Next Superpower?” Harvard University Foreign Policy Studies 2023
Pricing is so important for sales .here in india byd has such a strong reputation with it s buses plying since 10 years now their cars are selling like hit cakes.ur average doctor or it guy now wants to buy byd or local tata nexon ev
well they only sell less than 400 vehicle. If india china relation continue to tense than Gov can hit BYD anytime they want only chance of BYD success in India if they start by partnering a local company here and than start manufacturing complete imported vehicle i mean there is no way they can survive in tense relation between India and china
@@user-yt7bz4bx4o doesn't matter India will do what it suited the most it doesn't matter china build factory or not India is building factory infact it is under construction right now with capacity to build 50 GW and also bought lithium mines in Australia no country is waiting for china to build eventually ambitious nation found their way by any means
Nice video. Linking subsidies to income was smart. For me, the biggest difference between China and the West is that the Chinese are not ashamed to plan and logicalize life in society to the point that is virtuous. During the pandemic, for example, many Western governments (including Brazil, my country) simply gave money to banks hoping they would stimulate the economy. What the banks did? Simply put the money in their pockets and treated it as if it were a cash inflow. While the old Western world is stuck with the nonsense of short term profit and pure rapine, China is reshaping the world.
People have been talking about the Indian economic miracle, particularly by the western media, ever since India's economic liberalisation of 1991 and as of today, these same people are still talking about the miracle of India. For 30 over years now and it has yet to manifest itself into reality.. “Will India Surpass China to Become the Next Superpower?” Harvard University Foreign Policy Studies 2023
It's all about the ecosystem. Making anything in China, very likely does not require many parts to be imported first from outside. That's why America is trying to brake China's progress by banning the export of high-end chips and banning equipment to make high-end chips.
China's economy is charging ahead and dominating. China's future is bright. As a proud Indian🇮🇳. My love ♥ respect and congratulations to the Maldives for their intelligent decision in selecting the superior trading partner China instead of India. It will benefit the Maldivian people greatly. Here is why: - China is 60 times richer than India. (I know it's unfair that the British looted 45 trillion from India, but it is what it is) - China's economy is 6 times larger than India's. - China's yearly growth is 5 times greater than India's. - China has better living conditions and healthcare; on average, they live a whole decade more than their Indian counterpart. - China launches 20-50 times more rockets than India into space every year. - China is a lot more intelligent, with an IQ of 104 compared to India's 76. - China is more athletic and stronger than India, winning 713 more medals than India in the Olympic games. - China won 38 times more gold medals than India the last Olympic games 2021. - China's reserves is 7 times larger than India's reserves. - India is forced to use the Chinese currency when purchasing oil from Russia, Iran, or Venezuela. Due to weak & undesirable Indian Rupees. - China has 21 times more companies in the Fortune 500 than India. *Rovers on Mars* China: Yes India: No. *Brought back Lunar Samples* China: Yes India: No. *Humans in space* China: Yes India: No. *Space station orbiting above us right this moment* China: Yes India: No. *World coverage constellation satellites* China's BeiDou: Yes India's Navic: No. *Indian News* FirstPost: China overtakes US to become world's richest nation. Wion - At $514 trillion, China overtakes US in terms of amassing the biggest net worth. Indiatoday - China overtakes US as world’s richest nation. Tribuneindia - China overtakes US as world’s richest country. Businessinsider india - China overtakes US as the richest country in the world. Thequint - China Overtakes US as the World's Richest Nation. Hindustantimes - China overtakes US to grab top spot in list of richest countries. Indiatimes - Global wealth surges as China overtakes US to grab top spot. NDTV - China Is Now World's Richest Nation, Ahead Of US. NewsX - China Overtakes US As World's Richest Nation. India - China Becomes Richest Country In The World, Overtakes US To Grab The Top Spot. Timesofindia - Global wealth surges as China overtakes US to grab top spot. Newindianexpress - China overtakes US as richest country in the world. Oneindia - China overtakes US as the richest country in the world. News18 - चीन बना दुनिया का सबसे अमीर देश, अमेरिका को किया पीछे. Aajtak - छिन गया America से ताज, अब China दुनिया का सबसे अमीर देश. Zeenews - Worlds Richest Country: America पीछे... China बना दुनिया का सबसे अमीर देश. TV9 Hindi - अमेरिका को पछाड़कर चीन बना दुनिया का सबसे अमीर देश, 20 साल में बनाई इतनी संपत्ति. Newsleadindia - चीन ने अमेरिका को पछाड़ा दुनिया का सबसे अमीर देश. List of countries by GDP (nominal) Medal Tally | Tokyo Olympics 2021. List of countries by FOREX reserves. Fortune Global 500 2021 | Full list of ranking. Spaceflights in 2021. Average IQ by Country 2022. *USA News* BIoomberg - Global Wealth Surges as China Overtakes US to Grab Top Spot. Yahoo Finance - Global wealth surges as China overtakes US to grab top spot. *Japanese News* Nikkei - China overtakes U.S. in national net worth to grab top spot. *UK News* Dailymail - Global wealth trebles in last 20 years as China overtakes US with the highest net worth - accounting for a third of world's growth.
EV is to safe the environment greenhouse effects. People are able to walk comfortably on the streets with cleaner air , less noise pollution and the heat ✌️✌️✌️
"After working closely with India for a long time, I am sure that India could not become the country of the future due to its deep-rooted caste system, rampant bureaucracy, racial and religious conflicts, and the national leadership’s lack of willingness to solve these problems. Do not talk about India and China in the same breath.." Lee Kuan Yew, Founding father of the Republic of Singapore 🇸🇬
Chinese EV beginning to flood South East Asian market, but the problem is not enough taker. Maybe the charging infrastructure is still playing catch-up over there.
As a SEA, it is because our electricity is very costly, much more than fuel. So EVs won't make sense here until they figure out a way to make electricity cheaper, like building a nuclear plant or something like that.
doesn't really matter. all the EVs were made in China anyway. even Teslas are made in China. making them elsewhere would be too expensive. to maximize profit, they need to be made in China bcoz no other country can be as competitive or have the market as big as China. they can slow China down, but they cannot stop them.
Most of the Government Indian Electric bus are imported from China and Indian Car Manufacturers Tata EV vehicle battery is also imported from China but our media tell us to boycott Chinese products for common people .... But not applicable to some government agency because they are cheap and reliable.
China should focus on developing market like South East Asia, Latin America, Middle East, Africa, etc, while keep building assembling factories in foreign markets including Europe. On financial side, Chinese banks need to work with foreign banks to provide financing for EV purchase.
Why should Chinese bank to provide loans for foreign consumer purchase of EV in foreign market ? Are you implying that American bank should provide loans to foreigners to buy iPhones and Tesla to be used in a foreign country ?
@@anjunadeep.8384 You didn't know? When you buy iPhone with your visa card, there is American bank involved facilitating you to purchase the iPhone. Did you know that japanese financing companies also heavily involved in financing automotive purchase? Nothing wrong with it, it is a win win for both. The consumers can purchase things they want, while the banks can get interest.
My guess is that the strategy for most of these companies is to tackle smaller, less hostile markets first and then approach the US and EU. I'm sure the furthest things from their minds right now is causing trouble while everything is going according to plan.
😅 I bet you don't even dare to check BYD car features. Tesla is the low cheap inferior EV brand in China. BYD and Huawei cars are technically advanced and more luxurious
US: China's EV not following the international system. To quality: 1) Solve US drug issues for example. 2) Hire US workers 3) Sell EV companies shares to US if not doing well 4) After selling to US, then outsource those jobs back to China for cheap labor 5) Rename the China sold company name Ford 6) Increase prices
@@zacksmith5963 There are clear indications of government support and investment in BYD, Nio, Li and many other EV markers in China: 1. **BYD**: Several Chinese state-owned investment funds hold equity interests in BYD or its subsidiaries, which suggests that the Chinese central government sees BYD as a key player in the EV market. Additionally, BYD's founder acquired a state-owned automaker in the city of Xi’an in 2003. 2. **Nio**: The Hefei investor group, which includes state-owned or state-adjacent entities, owns 24 percent of Nio China, with the remaining 76 percent belonging to Nio Inc., the holding company[5]. Additionally, CYVN Holdings, backed by the Abu Dhabi government, will invest about $738.5 million in Nio Inc[2][11][14]. 3. **Li Auto**: Li Auto Inc. is a Cayman Islands holding company with no equity ownership in its VIEs and conducts operations in China through its PRC subsidiaries. In summary, like in all other strategic companies and industries there is evidence of government support and investment in most, if not all, of Chinese EVs. Another datapoint to note is how Chinese media (which is all controlled by the government) actively suppresses news about burning/exploding EVs in China. See this ua-cam.com/video/yOA7qKMcjcE/v-deo.htmlsi=dbX1qDRSGYP4vsVS. It’s not hard to imagine why the government does this. They have their own $¥ stake in thee EV companies to worry about. Life and money of the average Chinese is secondary 😢 Chinese companies, without government investments and preferred treatment will do fit much harder to compete. Sources [1] BYD: Here's what you need to know about the Chinese EV giant that just ... www.cnn.com/2024/01/03/cars/china-byd-explainer-tesla-intl-hnk/index.html [2] China's Nio to get near $740 million investment from Abu Dhabi-backed ... www.reuters.com/markets/deals/chinas-nio-get-near-740-mln-investment-abu-dhabi-backed-firm-2023-06-20/ [3] Exact name of Registrant as specified in its charter - SEC Filing | Li Auto Inc. ir.lixiang.com/node/7361/html [4] BYD Company - Wikipedia en.wikipedia.org/wiki/BYD_Company [5] Nio's future depends more on the Chinese government than ever www.theverge.com/2020/6/5/21274457/nio-q1-earnings-deliveries-chinese-government-investment-bailout [6] The Silent Dragon: Why Li Auto Is China's Hidden EV Gem investorplace.com/2023/06/the-silent-dragon-why-li-stock-is-chinas-hidden-ev-gem/ [7] China's Government Wants to Dominate the Electric Vehicle ... www.americanmanufacturing.org/blog/chinas-government-wants-to-dominate-the-electric-vehicle-market-byd-is-its-champion/ [8] NIO Inc. Announces Closing of Strategic Equity Investment from ... ir.nio.com/news-events/news-releases/news-release-details/nio-inc-announces-closing-strategic-equity [9] Li Auto: The First Profitable EV Maker in China Revs Up Investor Interest www.nasdaq.com/articles/li-auto:-the-first-profitable-ev-maker-in-china-revs-up-investor-interest [10] How China Built BYD, Its Tesla Killer - The New York Times www.nytimes.com/2024/02/12/business/byd-china-electric-vehicle.html [11] China's Nio to get $2.2 bln investment from Abu Dhabi's CYVN - Reuters www.reuters.com/business/autos-transportation/nio-signs-receive-22-bln-abu-dhabi-investor-cyvn-2023-12-18/ [12] Li Auto - Wikipedia en.wikipedia.org/wiki/Li_Auto [13] Electric vehicles in China: BYD strategies and government subsidies www.elsevier.es/es-revista-revista-administracao-e-inovacao-239-articulo-electric-vehicles-in-china-byd-S1809203916300018 [14] Abu Dhabi to Take 7% Stake in Chinese Electric Vehicle Maker Nio www.bloomberg.com/news/articles/2023-06-20/abu-dhabi-to-take-7-stake-in-chinese-electric-vehicle-maker-nio [15] Li Auto Inc. (LI): history, ownership, mission, how it works & makes money dcf.fm/blogs/blog/li-history-mission-ownership [16] Electric vehicles in China: BYD strategies and government subsidies www.sciencedirect.com/science/article/pii/S1809203916300018 [17] Nio Inc. - Wikipedia en.wikipedia.org/wiki/Nio_Inc. [18] SEC Filing | Li Auto Inc. ir.lixiang.com/node/8461/html [19] About BYD - BYD Global www.bydglobal.com/cn/en/BYD_ENAboutByd/CompanyIntro_mob.html [20] Nio Motors (NYSE: NIO) Has Chinese Government Support - Nasdaq www.nasdaq.com/articles/nio-motors-nyse:-nio-has-chinese-government-support:-but-do-the-risks-outweigh-the [21] Introducing Li Auto - Investor Insights Asia www.investorinsights.asia/post/introducing-li-auto [22] BYD shareholders: Who owns the most BYDDY stock? - Capital.com capital.com/byd-shareholder-who-owns-most-byddy-stock [23] The Chinese Government Is Subsidizing Nio's $35,000 Loss On ... jalopnik.com/nio-s-35-000-losses-on-every-car-sold-are-bankrolled-b-1850903388 [24] Watch Out, LI Stock Investors! Competition Is Coming for Li Auto. investorplace.com/2023/08/watch-out-li-stock-investors-competition-is-coming-for-li-auto/
@@zacksmith5963 There are clear indications of government support and investment in BYD, Nio, Li and many other EV markers in China: 1. **BYD**: Several Chinese state-owned investment funds hold equity interests in BYD or its subsidiaries, which suggests that the Chinese central government sees BYD as a key player in the EV market. Additionally, BYD's founder acquired a state-owned automaker in the city of Xi’an in 2003. 2. **Nio**: The Hefei investor group, which includes state-owned or state-adjacent entities, owns 24 percent of Nio China, with the remaining 76 percent belonging to Nio Inc., the holding company[5]. Additionally, CYVN Holdings, backed by the Abu Dhabi government, will invest about $738.5 million in Nio Inc[2][11][14]. 3. **Li Auto**: Li Auto Inc. is a Cayman Islands holding company with no equity ownership in its VIEs and conducts operations in China through its PRC subsidiaries. In summary, like in all other strategic companies and industries there is evidence of government support and investment in most, if not all, of Chinese EVs. Another datapoint to note is how Chinese media (which is all controlled by the government) actively suppresses news about burning/exploding EVs in China. See this ua-cam.com/video/yOA7qKMcjcE/v-deo.htmlsi=dbX1qDRSGYP4vsVS. It’s not hard to imagine why the government does this. They have their own $¥ stake in thee EV companies to worry about. Life and money of the average Chinese is secondary 😢 Chinese companies, without government investments and preferred treatment will do fit much harder to compete. Sources [1] BYD: Here's what you need to know about the Chinese EV giant that just ... www.cnn.com/2024/01/03/cars/china-byd-explainer-tesla-intl-hnk/index.html [2] China's Nio to get near $740 million investment from Abu Dhabi-backed ... www.reuters.com/markets/deals/chinas-nio-get-near-740-mln-investment-abu-dhabi-backed-firm-2023-06-20/ [3] Exact name of Registrant as specified in its charter - SEC Filing | Li Auto Inc. ir.lixiang.com/node/7361/html [4] BYD Company - Wikipedia en.wikipedia.org/wiki/BYD_Company [5] Nio's future depends more on the Chinese government than ever www.theverge.com/2020/6/5/21274457/nio-q1-earnings-deliveries-chinese-government-investment-bailout [6] The Silent Dragon: Why Li Auto Is China's Hidden EV Gem investorplace.com/2023/06/the-silent-dragon-why-li-stock-is-chinas-hidden-ev-gem/ [7] China's Government Wants to Dominate the Electric Vehicle ... www.americanmanufacturing.org/blog/chinas-government-wants-to-dominate-the-electric-vehicle-market-byd-is-its-champion/ [8] NIO Inc. Announces Closing of Strategic Equity Investment from ... ir.nio.com/news-events/news-releases/news-release-details/nio-inc-announces-closing-strategic-equity [9] Li Auto: The First Profitable EV Maker in China Revs Up Investor Interest www.nasdaq.com/articles/li-auto:-the-first-profitable-ev-maker-in-china-revs-up-investor-interest [10] How China Built BYD, Its Tesla Killer - The New York Times www.nytimes.com/2024/02/12/business/byd-china-electric-vehicle.html [11] China's Nio to get $2.2 bln investment from Abu Dhabi's CYVN - Reuters www.reuters.com/business/autos-transportation/nio-signs-receive-22-bln-abu-dhabi-investor-cyvn-2023-12-18/ [12] Li Auto - Wikipedia en.wikipedia.org/wiki/Li_Auto [13] Electric vehicles in China: BYD strategies and government subsidies www.elsevier.es/es-revista-revista-administracao-e-inovacao-239-articulo-electric-vehicles-in-china-byd-S1809203916300018 [14] Abu Dhabi to Take 7% Stake in Chinese Electric Vehicle Maker Nio www.bloomberg.com/news/articles/2023-06-20/abu-dhabi-to-take-7-stake-in-chinese-electric-vehicle-maker-nio [15] Li Auto Inc. (LI): history, ownership, mission, how it works & makes money dcf.fm/blogs/blog/li-history-mission-ownership [16] Electric vehicles in China: BYD strategies and government subsidies www.sciencedirect.com/science/article/pii/S1809203916300018 [17] Nio Inc. - Wikipedia en.wikipedia.org/wiki/Nio_Inc. [18] SEC Filing | Li Auto Inc. ir.lixiang.com/node/8461/html [19] About BYD - BYD Global www.bydglobal.com/cn/en/BYD_ENAboutByd/CompanyIntro_mob.html [20] Nio Motors (NYSE: NIO) Has Chinese Government Support - Nasdaq www.nasdaq.com/articles/nio-motors-nyse:-nio-has-chinese-government-support:-but-do-the-risks-outweigh-the [21] Introducing Li Auto - Investor Insights Asia www.investorinsights.asia/post/introducing-li-auto [22] BYD shareholders: Who owns the most BYDDY stock? - Capital.com capital.com/byd-shareholder-who-owns-most-byddy-stock [23] The Chinese Government Is Subsidizing Nio's $35,000 Loss On ... jalopnik.com/nio-s-35-000-losses-on-every-car-sold-are-bankrolled-b-1850903388 [24] Watch Out, LI Stock Investors! Competition Is Coming for Li Auto. investorplace.com/2023/08/watch-out-li-stock-investors-competition-is-coming-for-li-auto/
in essence, this is just competition between power generation & distribution and oil & gas industry. It is just part of the world's electrification process. For car buyers, the calculation is so simple, for a gasoline SUV, it is approxinately 9-14 liters per 100KM, for electric SUV, it is approximately 20-25KWH for that 100KM. The operating cost difference is HUGE, even without considering costs of maintenance and service ...... for daily communiting, conventional engine cars doesn't have any chance...... for long haul travel, there is already wide spread NIO battery swap stations, Tesla super chargers, and other latest high voltage charging solutions. Engine cars won't disappear in a short while, but their dominance will. The same thing happenned to steam engine 100 years ago, but steam engines still survived for many decades.
The only reason why EVs haven't entirely taken over the world is because of battery capacity concerns (aside from the pollution that comes from making Lithium batteries), as well as the number of charging options (plus charging speed). But once those things are settled, watch how EV takes over the world. It's just an inevitable progression in evolution, just like AI. Remembered how people laughed at the corny and bugged AIs 10 years ago? Well, are they laughing now? This is despite AI not even reaching close to half of its potential. It's not a matter of petrol being relevant, but how even the oil and gas industry is already transitioning to electric. It's really inevitable. In smaller vehicles like bicycles and motorcycles, EVs are already taking over the industry slowly but surely. There's just no argument or contest over their performance and efficiency. And the thing about EVs is that the performance isn't solely capped at its engine. A software update or minor upgrade of say, the controller or even the battery specs would already boost its existing performance. You can't do the same for petrol vehicles without doing a complete overhaul.
We may come to a stage where we are held captive to expensive products due to our countries' political prejudice. What happened to free market economies and its benefit of wide-ranging offerings to choose from?
EV is way beyond motor car when AI plays an indispensable role in its future. The motor car industry is undergoing a transformation beyond imagination.
From CNN March 7, 2024 - "Exports from the world’s second largest economy rose by 7.1% in the January-to-February period, beating the 1.9% growth forecast by a Reuters poll of economists. The growth is also significantly higher than the 2.3% gains recorded in December." China is collapsing upwards
Infacy I am Happy for the Chinese, Because at last they don't worry putting on Face 😷 mask any more across their City ,less pollution, and Clean Climate Air
1:50 "China's EV boom was many years in the making." Also many Chinese EV's did 'BOOM!'💥 in the past 😅 Okay, I believe that will not happen again. I hope. 🤓
Why don't your reporters just watch the market situations instuatiins instesd of making conjectures ? This type of articles are useless . Personal opinions mean nothing.
That's because the manufacturing costs of electric vehicles in the United States and Europe are too high, and these junk countries also restrict the import of low-priced and high-performance Chinese electric vehicles.
@@user-hf4tv2kr2uexactly! If they open the market to Chinese imports even with the 25% tariffs the EV sales will grow at least 50% per year. So many Americans and Canadian want to buy Chinese EVs and they can’t. They have to settle with very expensive Tesla or expensive but less equipped ICE cars.
I heard during the winter storm in China over CNY, many EV drivers in China were forced to switch off their engine to save energy when they got stuck in traffic jam and they complained it’s really cold without heater and the heater really drain their energy so much that they have to turn it off all the time. The EVs range can drop by 40% in cold weather while the petrol car range drop is between 15-20%.
@@anjunadeep.8384 it’s much worse for the EVs because the batteries get affected by cold weather and the EV range shorten while battery gets depleted faster.
@@anjunadeep.8384 the EV range drops by 40% while petrol car drops by 15-20% in cold weather so that’s the major difference. We all know both types get affected by the cold but we need to highlight the main difference to tell others not to buy EVs yet cos technology is still not mature. Hope you are mature enough to accept that!
@@ditsygirl5409 Dumb dumb, you're the immature one here spreading hearsay misinformations and not based on actual data. Why don't you get yourself stuck in an actual snowstorm and carried out the experimentation yourself and record and report your own first hand findings ! EV battery technology is more mature than you point it out to be. Its used in high-speed trains all across china across all terrain types and weather conditions !
how have they done it? answer: massive state subsidies. see the anti-competition investigations in EU and NA currently. congratulations for their success but let's not be under any illusion that it was done in a competitive environment
Sure as they open a 1200 gogawatt solar farm that will grow to 400p terawatts. They have 25 high frequency DC voltage lines to carry this to all parts of China. They are by far the largest solar manufactureres and our govt and utility companies continue to impede production and rollout.
Just flew back from Shanghai, and most vehicles including garbage tricycles are electrics w/ no sounds, causing me to almost get rammed a couple of times.
95% of chyna EVs were sold in chyna, there is nothing to be proud of. 🤣🤣🤣 Also, China's largest new energy vehicle (NEV) maker BYD saw a drop in sales last month, BYD sold 122,311 NEVs in February, down 36.84 percent year-on-year and down 39.30 percent from January, according to a Hong Kong Stock Exchange announcement today.
@@ToiChutGongWu Okay pinkie paranoid Pat. Have seen Dr K the London pianist, what an embarrassment for China, you should have a look at his latest work.🤣🤣🤣
@@wynn3077 ok pinkee cry me a river . In your made in china phone So much embarrassment that no one cares to touch the Chinese tourists and k loser list his piano 😂
Of course they will dominate. Because the major companies toyota, gm, ford, Volkswagen and all dropping their ev line and switching back to gas power. That means the total global market will only be 30% and China will share 15% of that with other smaller brands.
Not quite. The likes of Stellantis which owns brands like Alfa Romeo, Maserati, Fiat, Opel, Jeep, Chrysler, Dodge, etc. has bought a stake in a local Chinese EV manufaturer to acquire the tech. Japanese hydrogen cars are the worst - avoid at all costs.
they definitely can dominate the world if indonesia on their side, bcs indonesia are the biggest nickel producer.. you can't build an electric car without nickel 😂
@@koiforyou if you talkin about LFP, it's not a new battery 🤣 it's been exist for a long fkin time.. you can do your research and find out why they didn't use it on a small vehicle 😁
Latest on China's EV industry: sc.mp/wbx67
@misterbig9025 to racism japanese people
I've seen dozens of videos about electric cars in China, and this one is the only one that mentions the fact that foreign brands like Tesla are also subsidized by the Chinese government. DW BBC Bloomberg CNBC and even the media in Singapore have been repeating to varying degrees the lie that only local Chinese companies can enjoy massive exclusive subsidies. And, of course, cheap labor costs and even forced labor. They will never tell readers that the subsidy is available to all domestic and foreign brands, and that the national subsidy policy has officially ceased at the end of 2022. Nor will they ever showcase the automated production lines and legions of young, well-paid software and hardware engineers of Chinese automakers.
Singapore is not an independent country at all, it is just a barking dog attached to a house in a Western country, but it eats well.
Exactly! All EVs are created equal, foreign or domestic!
Well many governments also provide subsidy for ev cars makers, either their manufacturing or reduce the price for the buyers. It’s all government support for ev cars. It’s no different in china, USA or many countries in Europe. The question is how much subsidy government has paid….
@@user-hf4tv2kr2u*:* "chew gum go to jail Singapore" is "human rights loving 'democracy'" ACCORDING TO MURCA! while "evilcommmmmeeeeeeechineeee EVIL" *cause china don't bendddoovver for MURCA!".*
@@monkeyfish227 US will never subsidy China companies and US will tax more on China EV because they are too cheap.
Fear is the only reason the U.S. wanted to contain China. When tariffs failed, technology sanctions followed. When both tariffs and sanctions failed, de-coupling became the buzzword. And when de-coupling was found to hurt the U.S. economy more than China's, it was changed to de-risking which in effect means a "slow de-coupling" until a more appropriate time.
Twenty years ago, American muscle cars and reliable Japanese cars plus reputable German, French and Swedish cars and even newbies from South Korea were selling like hot cakes in the Chinese market and each and every maker made a fortune in China. Nowadays, however, the U.S. has no hope of selling anything to China -- not only industrial products but also agricultural produce which are easily replaced by many other countries around the globe.
Now, America wants to ban Chinese EV's on the ground of the, again, "national security" scapegoat when in fact they fear for the future of all American automakers. Fear has also invaded European minds and the Europeans want to adopt the American low-life tactics. Sooner or later, the world will be divided into 2 camps: one that embraces worldwide integration and the other a closed economy that fears competition. The acceleration of the de-dollarization movement will speed up the divide even further, to the point that it may break the world monetary system in half.
Perhaps the coming "collapse of China" can somehow soothe the overwhelming anxiety of the West?
Please like and share it with your frustrated Heendoo friends 😎
- Chyna's economy is 6 times larger than Yeendia's.
- Chyna's yearly growth is 5 times greater than Yeendia's.
- Chyna has better living conditions and healthcare; on average, they live a whole decade more than their Yeendian counterpart.
- Chyna is 60 times richer than Yeenndia. (I know it's unfair that the British looted 45 trillion from Yeendia, but it is what it is).
- Chyna launches 20-50 times more rockets than Yeendia into space every year.
- Chyna is a lot more intelligent, with an IQ of 104 compared to Yeendia's 76.
- Chyna is more athletic and stronger than Yeendia, winning 38 times more gold medals than Yeendia in the world olympic games. - Chyna's reserves is 7 times larger than India's reserves.
- Yeendia is forced to use the Chynese currency when purchasing oil from Russikies, Ir@n, or Venezuela. Due to weak & undesirable Yeendian Rupees.
- Chyna has 21 times more companies in the Fortune 500 than Yeendia.
- Rovers on Mars Chyna: Yes Yeendia: No
- Brought back Lunar Samples Chyna: Yes Yeendia: No
- Humans in space Chyna: Yes Yeendia: No
- Space station orbiting above us right this moment Chyna: Yes Yeendia: No
Or perhaps the US want's to protect it's own industry ? Do you know how many factories have shut down over the world due to the access to cheap Chinese workers ? The US just wants to keep its industry alive. Which is why EU cars have massive import tax in Asian countries because if they were cheap then people wouldn't support their home industries. Simple economics really and very fair.
😂😂Chinese come to USA as Asylum seekers
Great analysis. 👏. The West is an ailing n dying dinosaur 🦕..
@@windows10-k8h Of course, they're all criminals. Yeendians are the 3rd largest illegal immigrants in UAss. What about them? 🤔
For context, I owned a Nio and it is the best buying decision ever
For your personal experience, is battery swapping a game changer or just hype?
@@teoengchin just a chype
@@teoengchin its hype totally useless in daily usage maybe it could be usefull on the ocasinal long range drive but then you could charge 80% in 20 minuts anyways so all this infrastructure just feels like a waste of money
Do you guys even own a Nio? Fast charging is not available everywhere and battery swapping shortens cross province battery charging time. How is that "just hype"?
@@user-uo5yx6zm8ethe ones that knows most about EVs are the ones that dont have one still applies here. Paper experts
PROUD OF YOU, CHINA.
Ignore those petty people . JUST FORGE AHEAD.
My grandma always told me, " TRUE GOLD IS IMPERVIOUS TO FIRE".
😂😂😂poor country
👍👍👍👍👍👍
Yah yah lil pink
Yha ... You people like to steal things from others. Proud of you all keep it up ..we trust foreign build than your product
Yeah fire and EVs are quite a mix
Chinas government and the people of china should be so proud of this magnificent achievement
CCP bot spotted
@@AsMightyAsBread pajeed spotted
@@zacksmith5963Poor peasant spotted 😂
India number one@@AsMightyAsBread
Lol
In 2000, the share of global manufacturing for China and India was 7% and 1%, respectively, but in 2023, China’s share had grown remarkably to 39% while India’s share languished at 2%. While China’s share of global goods exports increased from 2% to 15% annually, India’s merely grew from 1% to 2%.
“Will India Surpass China to Become the Next Superpower?”
Harvard University Foreign Policy Studies 2023
You cannot underestimate India. It should be noted that India has the highest production and consumption of cow manure in the world, which far exceeds that of underdeveloped China.
@@user-hf4tv2kr2u*:* incredible! superpower! india! has a PER CAPITA GDP of 2,600 dollars *WHICH MEANS THAT incredible! superpower! india! IS POORER/HAS A LOWER PER CAPITA GDP than:*
*- ANGOLA*
*- GHANA*
*- REPUBLIC OF CONGO*
*- IVORY COAST*
*- PAPUA NEW GUINEA*
*- SANCTION-DESTROYED VENEZUELA*
*- SANCTION-DESTROYED IRAN*
*- ECONOMICALLY FAILED LEBANON*
*- NAZIsraeli-OCCUPIED PALESTINE*
*- WAR DESTROYED SYRIA*
*- WAR DESTROYED LIBYA*
*- STREET GANGS DEVASTATED EL SALVADOR*
AND, if we then take into account the 440 MILLION "indians" IN Uttar Pradesh and Bihar and Madhya Pradesh, we see that those 440 MILLION "indians" *ARE POORER/HAVE A LOWER PER CAPITA GDP than people in:*
*- KENYA*
*- HAITI*
*- ZIMBABWE*
*- SENEGAL*
*- CAMEROON*
*- ZAMBIA*
*- TANZANIA*
*- UGANDA*
*- SUDAN*
India is a superpower!
India superpower 2020 already happened
I live in China and I might condiser getting an EV in the future...For now I drive my 10 year old Mazda 2 (assembled in China) ;)
by Haima
难怪你会塞车😂
Its called investment. China invested heavily on education, technology and production. Here in the US our government has invested in failed companies while Tesla continued to grow and flourish.
yep
The US may impose tariffs or ban outright foreign imports if they are superior to their own products.They do this to any nation ,ally or enemy.We saw this when they imposed tariffs on products from Canada and Germany,both vassal states of the US.To be a friend of the US is fatal as quoted by Dr Kissinger.
What a joke. Toyota cars remain top selling cars in the US. And Amazon is full of Chinese products.
@@dandjsh7978 I am not saying the US will impose tariffs or ban on all foreign imports!They will do so selectively in cases where they want to protect their industries which are not competitive. Japanese cars were restricted for many years when Japan was resurgent and the Chinese stuff for sale in Amazon are indispensable as the US no longer manufactures them.
Remember what they did to Japan economy
The US destroyed Japan's economy in the late 1980s for this reason.
@@dandjsh7978 what a joke? you don't know US-Japan trade war and tech war in 1980s?
"Overtaking on the bend" is not an accurate analogy since the cars are still on the same racetrack. EVs have allowed Chinese auto companies to move to a new race track with new rules
You can't overtake on the bend. Change a lane, and win!
Huawei and now BYD is a national security for usa and the europe😂
maybe plus Tik Tok
Spying & bombing, the CCPchowchow got it all
In order to gain control of Tik Tok's algorithm and company, the United States is now establishing laws at the speed of light to force acquisitions. It is a pity that Chinese manufacturers are unwilling, because the commercial secrets of the successful algorithm TikTok cannot be handed over to the US government and companies, and the Chinese government will not allow this to happen. What is disgusting about the United States is that they not only want to completely ban Tik Tok in the United States, but also ban the downloading of Tik Tok applications on the platforms that Google and Apple have a monopoly on. They want to ban Tik Tok globally。
Shame they cannot compete!
@@irenechan7193 yeah they can’t compete against explosive cars & bugged phones
In 3-5 years, the range of electric vehicles in China will reach 1000 to 1500 kilometers, and the survival space of gasoline vehicles will be further compressed!
ICE is phucked! There is no hope for ICE cars unless Gasoline costs US$0.1 per liter (US$5 per full tank).
charging electric here is almost as expensive or 1.90$/ litre or 1$/kwh
India has a lot to learn from China, how they made their population their biggest asset is very fascinating, if the world will help and Indian youth will work hard someday India will definitely rise at the same level. I am rooting for my country
The problem is that India is too divided. I mean they are still having infighting amongst each other about who's caste is higher. I get that it's an ingrained serious problem that is stuck since generations ago, but China is united sort of. Everyone teamworks and does the same thing even if they are literally working to their deaths.
If a nation can't be united even in the smallest sense, let alone in bigger visions
Indian army
ua-cam.com/users/shortsdYomQe-6lkc?si=4Hq1s2LSb8nkY-9D
For once an SCMP video that I actually watched till the end, the normally pro-west biased SCMP is balanced and informative in this video, what a surprised! Interesting how the Chinese EV programme was planned long before everyone else, great leadership with visions is what we need, and competition supplemented by suppression of foreign powers only bring the best out of Chinese folks. Great video for once!
They have already overtaken their foreign rivals. Tesla is only still dominant in the US due to protective tariffs.
Japan and Europe car brands are losing market share therefore all they can do is add import taxes on Chinese EV's to stay relevant. An EV in China for 13k euro will cost you 40k in Europe.
Import taxes and then National Security!
In the future, one charge will go to almost 1000 miles. Right now, it is still obsolete.
Among the world’s 20 largest technology companies, 6 are Chinese, while none are Indian. China is responsible for half of the world’s 5G communications facilities, while India zero. China owns platforms like TikTok that serves users all over the world, India does not..
“Will India Surpass China to Become the Next Superpower?”
Harvard University Foreign Policy Studies 2023
Pricing is so important for sales .here in india byd has such a strong reputation with it s buses plying since 10 years now their cars are selling like hit cakes.ur average doctor or it guy now wants to buy byd or local tata nexon ev
well they only sell less than 400 vehicle. If india china relation continue to tense than Gov can hit BYD anytime they want
only chance of BYD success in India if they start by partnering a local company here and than start manufacturing
complete imported vehicle i mean there is no way they can survive in tense relation between India and china
@@OMNI979中国基本上不会在印度建立工厂 印度信誉很差 随时会对中国开高额罚单 而且印度消费能力有限
@@user-yt7bz4bx4o doesn't matter India will do what it suited the most
it doesn't matter china build factory or not India is building factory infact it is under construction right now with capacity to build 50 GW and also bought lithium mines in Australia
no country is waiting for china to build eventually ambitious nation found their way by any means
Erm…. I thought they overtook them ages ago?
Yes they can - if those politicians really follow 'free market driven' rules - not shameless double standards :)
National Security! National Security! National Security!😜😜😜
Nice video. Linking subsidies to income was smart. For me, the biggest difference between China and the West is that the Chinese are not ashamed to plan and logicalize life in society to the point that is virtuous. During the pandemic, for example, many Western governments (including Brazil, my country) simply gave money to banks hoping they would stimulate the economy. What the banks did? Simply put the money in their pockets and treated it as if it were a cash inflow. While the old Western world is stuck with the nonsense of short term profit and pure rapine, China is reshaping the world.
Because the world is obsessed with crude oil that the entire industry only revolves on it. A slight change in oil instantly makes everything pricey.
how old is this article?
JDM still my favorite car
JDM is not a car.
Jdm were feared same way . Just admit u jealous
@@zacksmith5963 Lexus cars are much better and what environmental impact will all the batteries cause.
Oh it’s China so it’s used to it
Meanwhile my country continues to operate bullock carts. We use the waste products for building materials.
@@TH-dr1kgCry, j33t 🤭
@@HoldMyCowsberg listen to IDGAS.
Are their cars painted with cow dung in Endia? 🤗
@@TH-dr1kg The irony. lol. You have been trashing any China video and yet call other crybaby.
@@TH-dr1kg Here, this will numb your pain, j33t 🐄💦🍺
People have been talking about the Indian economic miracle, particularly by the western media, ever since India's economic liberalisation of 1991 and as of today, these same people are still talking about the miracle of India. For 30 over years now and it has yet to manifest itself into reality..
“Will India Surpass China to Become the Next Superpower?”
Harvard University Foreign Policy Studies 2023
2024 India will be a superpower!
On the mouth, at the dinner table.
What? they began the EV project since 2001? 2:40??
Idk why the title ask that question when they already did
It's all about the ecosystem. Making anything in China, very likely does not require many parts to be imported first from outside. That's why America is trying to brake China's progress by banning the export of high-end chips and banning equipment to make high-end chips.
China's economy is charging ahead and dominating. China's future is bright. As a proud Indian🇮🇳. My love ♥ respect and congratulations to the Maldives for their intelligent decision in selecting the superior trading partner China instead of India. It will benefit the Maldivian people greatly. Here is why:
- China is 60 times richer than India. (I know it's unfair that the British looted 45 trillion from India, but it is what it is)
- China's economy is 6 times larger than India's.
- China's yearly growth is 5 times greater than India's.
- China has better living conditions and healthcare; on average, they live a whole decade more than their Indian counterpart.
- China launches 20-50 times more rockets than India into space every year.
- China is a lot more intelligent, with an IQ of 104 compared to India's 76.
- China is more athletic and stronger than India, winning 713 more medals than India in the Olympic games.
- China won 38 times more gold medals than India the last Olympic games 2021.
- China's reserves is 7 times larger than India's reserves.
- India is forced to use the Chinese currency when purchasing oil from Russia, Iran, or Venezuela. Due to weak & undesirable Indian Rupees.
- China has 21 times more companies in the Fortune 500 than India.
*Rovers on Mars* China: Yes India: No.
*Brought back Lunar Samples* China: Yes India: No.
*Humans in space* China: Yes India: No.
*Space station orbiting above us right this moment* China: Yes India: No.
*World coverage constellation satellites* China's BeiDou: Yes India's Navic: No.
*Indian News*
FirstPost: China overtakes US to become world's richest nation.
Wion - At $514 trillion, China overtakes US in terms of amassing the biggest net worth.
Indiatoday - China overtakes US as world’s richest nation.
Tribuneindia - China overtakes US as world’s richest country.
Businessinsider india - China overtakes US as the richest country in the world.
Thequint - China Overtakes US as the World's Richest Nation.
Hindustantimes - China overtakes US to grab top spot in list of richest countries.
Indiatimes - Global wealth surges as China overtakes US to grab top spot.
NDTV - China Is Now World's Richest Nation, Ahead Of US.
NewsX - China Overtakes US As World's Richest Nation.
India - China Becomes Richest Country In The World, Overtakes US To Grab The Top Spot.
Timesofindia - Global wealth surges as China overtakes US to grab top spot.
Newindianexpress - China overtakes US as richest country in the world.
Oneindia - China overtakes US as the richest country in the world.
News18 - चीन बना दुनिया का सबसे अमीर देश, अमेरिका को किया पीछे.
Aajtak - छिन गया America से ताज, अब China दुनिया का सबसे अमीर देश.
Zeenews - Worlds Richest Country: America पीछे... China बना दुनिया का सबसे अमीर देश.
TV9 Hindi - अमेरिका को पछाड़कर चीन बना दुनिया का सबसे अमीर देश, 20 साल में बनाई इतनी संपत्ति.
Newsleadindia - चीन ने अमेरिका को पछाड़ा दुनिया का सबसे अमीर देश.
List of countries by GDP (nominal)
Medal Tally | Tokyo Olympics 2021.
List of countries by FOREX reserves.
Fortune Global 500 2021 | Full list of ranking.
Spaceflights in 2021.
Average IQ by Country 2022.
*USA News*
BIoomberg - Global Wealth Surges as China Overtakes US to Grab Top Spot.
Yahoo Finance - Global wealth surges as China overtakes US to grab top spot.
*Japanese News*
Nikkei - China overtakes U.S. in national net worth to grab top spot.
*UK News*
Dailymail - Global wealth trebles in last 20 years as China overtakes US with the highest net worth - accounting for a third of world's growth.
As an Indian I must say it is true!
But China's reality is far more disappointing than your propaganda. Try hard 50C
India is number 1 in ,.................................................................,.......,..........,............population😂
Child
@@kylorokx1552 Cope harder, j33t 🐄🌊🍺
EV is to safe the environment greenhouse effects. People are able to walk comfortably on the streets with cleaner air , less noise pollution and the heat ✌️✌️✌️
Meanwhile India still drives hand pulled rickshaws
"After working closely with India for a long time, I am sure that India could not become the country of the future due to its deep-rooted caste system, rampant bureaucracy, racial and religious conflicts, and the national leadership’s lack of willingness to solve these problems. Do not talk about India and China in the same breath.."
Lee Kuan Yew,
Founding father of the Republic of Singapore 🇸🇬
Chinese EV beginning to flood South East Asian market, but the problem is not enough taker. Maybe the charging infrastructure is still playing catch-up over there.
Just take away their fuel subsidy.
As a SEA, it is because our electricity is very costly, much more than fuel. So EVs won't make sense here until they figure out a way to make electricity cheaper, like building a nuclear plant or something like that.
@@karlylo Singapore? Well you have space issue.
When they hear the word "made in China", they refuse.
@karlylo Electricity is not costly, but the fuel is cheap. The reason for the cheaper fuel is government subsidies.
doesn't really matter. all the EVs were made in China anyway. even Teslas are made in China. making them elsewhere would be too expensive. to maximize profit, they need to be made in China bcoz no other country can be as competitive or have the market as big as China. they can slow China down, but they cannot stop them.
Most of the Government Indian Electric bus are imported from China and Indian Car Manufacturers Tata EV vehicle battery is also imported from China but our media tell us to boycott Chinese products for common people .... But not applicable to some government agency because they are cheap and reliable.
Sell too region in Africa and Middle East they will love these cars
Not much infrastructure to maintain its usage.
@samuelng6441 stop hating they are the upcoming economy, especially in Africa
China should focus on developing market like South East Asia, Latin America, Middle East, Africa, etc, while keep building assembling factories in foreign markets including Europe. On financial side, Chinese banks need to work with foreign banks to provide financing for EV purchase.
Already did ASEAN is China largest trading partner.
I think EVs is a perfect fit for my country Singapore.
Why should Chinese bank to provide loans for foreign consumer purchase of EV in foreign market ?
Are you implying that American bank should provide loans to foreigners to buy iPhones and Tesla to be used in a foreign country ?
@@anjunadeep.8384 You didn't know? When you buy iPhone with your visa card, there is American bank involved facilitating you to purchase the iPhone. Did you know that japanese financing companies also heavily involved in financing automotive purchase?
Nothing wrong with it, it is a win win for both. The consumers can purchase things they want, while the banks can get interest.
@@godzillamothra5983
What fantasy financial land do you reside in ?
What's the profit margin for each vehicle produced?
8:53
My guess is that the strategy for most of these companies is to tackle smaller, less hostile markets first and then approach the US and EU. I'm sure the furthest things from their minds right now is causing trouble while everything is going according to plan.
While in our country after 40 years of starting our own automative industry, there are NOT one single EV produced
Meanwhile people still buying new glorified lawnmowers in the US
No idea what you refer to.
BYD may have MADE more cars than Tesla but they didn't deliver MORE electric cars to the buyers as Tesla did, most BYD's are still on the dealer’s lot
😅 I bet you don't even dare to check BYD car features. Tesla is the low cheap inferior EV brand in China. BYD and Huawei cars are technically advanced and more luxurious
😂Tesla was made in 2003
Byd was made in 1996
Tesla uses byd batteries 😂😂😂
It will not succeed if China's EV cannot take on Indian market.
Tesla Shanghai also allows china to increase export….. its unusual to have so much cars to be exported. It’s a win for the Chinese car manufacturing.
And then America be like "These Chinese EV's are a threat to our national security, therefore they should be banned."
And they go "BYD catch on fire go boom boom"
US: China's EV not following the international system. To quality:
1) Solve US drug issues for example.
2) Hire US workers
3) Sell EV companies shares to US if not doing well
4) After selling to US, then outsource those jobs back to China for cheap labor
5) Rename the China sold company name Ford
6) Increase prices
Labour Productivity Rankings of Asian countries 2023 (GDP per working hour):
• Singapore🇸🇬 (73)
• Macau🇨🇳 (60)
• Taipei🇨🇳 (57)
• HongKong🇨🇳 (56)
• South Korea🇰🇷 (42)
• Japan☢️ (41)
• China🇨🇳 (38)
• Malaysia🇲🇾 (29)
• Thailand🇹🇭 (21)
• Indonesia🇮🇩 (13)
• Philippines🇵🇭 (7)
• India🇮🇳 (3)👈
Source: International Labour Organisation ILO, Geneva
For china it's 15 and India it's 9. Stop fooling peeps.
China needs to get more affordable evs to overseas markets. This is the only way to get the world to stop burning fossil fuels.
BYD❤
I sense US national security
You mean can companies bankrolled and owned by Chinese government overtake others internationally 😅😅
Source ,m proof ?
@@zacksmith5963
There are clear indications of government support and investment in BYD, Nio, Li and many other EV markers in China:
1. **BYD**: Several Chinese state-owned investment funds hold equity interests in BYD or its subsidiaries, which suggests that the Chinese central government sees BYD as a key player in the EV market.
Additionally, BYD's founder acquired a state-owned automaker in the city of Xi’an in 2003.
2. **Nio**: The Hefei investor group, which includes state-owned or state-adjacent entities, owns 24 percent of Nio China, with the remaining 76 percent belonging to Nio Inc., the holding company[5]. Additionally, CYVN Holdings, backed by the Abu Dhabi government, will invest about $738.5 million in Nio Inc[2][11][14].
3. **Li Auto**: Li Auto Inc. is a Cayman Islands holding company with no equity ownership in its VIEs and conducts operations in China through its PRC subsidiaries.
In summary, like in all other strategic companies and industries there is evidence of government support and investment in most, if not all, of Chinese EVs.
Another datapoint to note is how Chinese media (which is all controlled by the government) actively suppresses news about burning/exploding EVs in China. See this ua-cam.com/video/yOA7qKMcjcE/v-deo.htmlsi=dbX1qDRSGYP4vsVS. It’s not hard to imagine why the government does this. They have their own $¥ stake in thee EV companies to worry about. Life and money of the average Chinese is secondary 😢
Chinese companies, without government investments and preferred treatment will do fit much harder to compete.
Sources
[1] BYD: Here's what you need to know about the Chinese EV giant that just ... www.cnn.com/2024/01/03/cars/china-byd-explainer-tesla-intl-hnk/index.html
[2] China's Nio to get near $740 million investment from Abu Dhabi-backed ... www.reuters.com/markets/deals/chinas-nio-get-near-740-mln-investment-abu-dhabi-backed-firm-2023-06-20/
[3] Exact name of Registrant as specified in its charter - SEC Filing | Li Auto Inc. ir.lixiang.com/node/7361/html
[4] BYD Company - Wikipedia en.wikipedia.org/wiki/BYD_Company
[5] Nio's future depends more on the Chinese government than ever www.theverge.com/2020/6/5/21274457/nio-q1-earnings-deliveries-chinese-government-investment-bailout
[6] The Silent Dragon: Why Li Auto Is China's Hidden EV Gem investorplace.com/2023/06/the-silent-dragon-why-li-stock-is-chinas-hidden-ev-gem/
[7] China's Government Wants to Dominate the Electric Vehicle ... www.americanmanufacturing.org/blog/chinas-government-wants-to-dominate-the-electric-vehicle-market-byd-is-its-champion/
[8] NIO Inc. Announces Closing of Strategic Equity Investment from ... ir.nio.com/news-events/news-releases/news-release-details/nio-inc-announces-closing-strategic-equity
[9] Li Auto: The First Profitable EV Maker in China Revs Up Investor Interest www.nasdaq.com/articles/li-auto:-the-first-profitable-ev-maker-in-china-revs-up-investor-interest
[10] How China Built BYD, Its Tesla Killer - The New York Times www.nytimes.com/2024/02/12/business/byd-china-electric-vehicle.html
[11] China's Nio to get $2.2 bln investment from Abu Dhabi's CYVN - Reuters www.reuters.com/business/autos-transportation/nio-signs-receive-22-bln-abu-dhabi-investor-cyvn-2023-12-18/
[12] Li Auto - Wikipedia en.wikipedia.org/wiki/Li_Auto
[13] Electric vehicles in China: BYD strategies and government subsidies www.elsevier.es/es-revista-revista-administracao-e-inovacao-239-articulo-electric-vehicles-in-china-byd-S1809203916300018
[14] Abu Dhabi to Take 7% Stake in Chinese Electric Vehicle Maker Nio www.bloomberg.com/news/articles/2023-06-20/abu-dhabi-to-take-7-stake-in-chinese-electric-vehicle-maker-nio
[15] Li Auto Inc. (LI): history, ownership, mission, how it works & makes money dcf.fm/blogs/blog/li-history-mission-ownership
[16] Electric vehicles in China: BYD strategies and government subsidies www.sciencedirect.com/science/article/pii/S1809203916300018
[17] Nio Inc. - Wikipedia en.wikipedia.org/wiki/Nio_Inc.
[18] SEC Filing | Li Auto Inc. ir.lixiang.com/node/8461/html
[19] About BYD - BYD Global www.bydglobal.com/cn/en/BYD_ENAboutByd/CompanyIntro_mob.html
[20] Nio Motors (NYSE: NIO) Has Chinese Government Support - Nasdaq www.nasdaq.com/articles/nio-motors-nyse:-nio-has-chinese-government-support:-but-do-the-risks-outweigh-the
[21] Introducing Li Auto - Investor Insights Asia www.investorinsights.asia/post/introducing-li-auto
[22] BYD shareholders: Who owns the most BYDDY stock? - Capital.com capital.com/byd-shareholder-who-owns-most-byddy-stock
[23] The Chinese Government Is Subsidizing Nio's $35,000 Loss On ... jalopnik.com/nio-s-35-000-losses-on-every-car-sold-are-bankrolled-b-1850903388
[24] Watch Out, LI Stock Investors! Competition Is Coming for Li Auto. investorplace.com/2023/08/watch-out-li-stock-investors-competition-is-coming-for-li-auto/
@@zacksmith5963 There are clear indications of government support and investment in BYD, Nio, Li and many other EV markers in China:
1. **BYD**: Several Chinese state-owned investment funds hold equity interests in BYD or its subsidiaries, which suggests that the Chinese central government sees BYD as a key player in the EV market.
Additionally, BYD's founder acquired a state-owned automaker in the city of Xi’an in 2003.
2. **Nio**: The Hefei investor group, which includes state-owned or state-adjacent entities, owns 24 percent of Nio China, with the remaining 76 percent belonging to Nio Inc., the holding company[5]. Additionally, CYVN Holdings, backed by the Abu Dhabi government, will invest about $738.5 million in Nio Inc[2][11][14].
3. **Li Auto**: Li Auto Inc. is a Cayman Islands holding company with no equity ownership in its VIEs and conducts operations in China through its PRC subsidiaries.
In summary, like in all other strategic companies and industries there is evidence of government support and investment in most, if not all, of Chinese EVs.
Another datapoint to note is how Chinese media (which is all controlled by the government) actively suppresses news about burning/exploding EVs in China. See this ua-cam.com/video/yOA7qKMcjcE/v-deo.htmlsi=dbX1qDRSGYP4vsVS. It’s not hard to imagine why the government does this. They have their own $¥ stake in thee EV companies to worry about. Life and money of the average Chinese is secondary 😢
Chinese companies, without government investments and preferred treatment will do fit much harder to compete.
Sources
[1] BYD: Here's what you need to know about the Chinese EV giant that just ... www.cnn.com/2024/01/03/cars/china-byd-explainer-tesla-intl-hnk/index.html
[2] China's Nio to get near $740 million investment from Abu Dhabi-backed ... www.reuters.com/markets/deals/chinas-nio-get-near-740-mln-investment-abu-dhabi-backed-firm-2023-06-20/
[3] Exact name of Registrant as specified in its charter - SEC Filing | Li Auto Inc. ir.lixiang.com/node/7361/html
[4] BYD Company - Wikipedia en.wikipedia.org/wiki/BYD_Company
[5] Nio's future depends more on the Chinese government than ever www.theverge.com/2020/6/5/21274457/nio-q1-earnings-deliveries-chinese-government-investment-bailout
[6] The Silent Dragon: Why Li Auto Is China's Hidden EV Gem investorplace.com/2023/06/the-silent-dragon-why-li-stock-is-chinas-hidden-ev-gem/
[7] China's Government Wants to Dominate the Electric Vehicle ... www.americanmanufacturing.org/blog/chinas-government-wants-to-dominate-the-electric-vehicle-market-byd-is-its-champion/
[8] NIO Inc. Announces Closing of Strategic Equity Investment from ... ir.nio.com/news-events/news-releases/news-release-details/nio-inc-announces-closing-strategic-equity
[9] Li Auto: The First Profitable EV Maker in China Revs Up Investor Interest www.nasdaq.com/articles/li-auto:-the-first-profitable-ev-maker-in-china-revs-up-investor-interest
[10] How China Built BYD, Its Tesla Killer - The New York Times www.nytimes.com/2024/02/12/business/byd-china-electric-vehicle.html
[11] China's Nio to get $2.2 bln investment from Abu Dhabi's CYVN - Reuters www.reuters.com/business/autos-transportation/nio-signs-receive-22-bln-abu-dhabi-investor-cyvn-2023-12-18/
[12] Li Auto - Wikipedia en.wikipedia.org/wiki/Li_Auto
[13] Electric vehicles in China: BYD strategies and government subsidies www.elsevier.es/es-revista-revista-administracao-e-inovacao-239-articulo-electric-vehicles-in-china-byd-S1809203916300018
[14] Abu Dhabi to Take 7% Stake in Chinese Electric Vehicle Maker Nio www.bloomberg.com/news/articles/2023-06-20/abu-dhabi-to-take-7-stake-in-chinese-electric-vehicle-maker-nio
[15] Li Auto Inc. (LI): history, ownership, mission, how it works & makes money dcf.fm/blogs/blog/li-history-mission-ownership
[16] Electric vehicles in China: BYD strategies and government subsidies www.sciencedirect.com/science/article/pii/S1809203916300018
[17] Nio Inc. - Wikipedia en.wikipedia.org/wiki/Nio_Inc.
[18] SEC Filing | Li Auto Inc. ir.lixiang.com/node/8461/html
[19] About BYD - BYD Global www.bydglobal.com/cn/en/BYD_ENAboutByd/CompanyIntro_mob.html
[20] Nio Motors (NYSE: NIO) Has Chinese Government Support - Nasdaq www.nasdaq.com/articles/nio-motors-nyse:-nio-has-chinese-government-support:-but-do-the-risks-outweigh-the
[21] Introducing Li Auto - Investor Insights Asia www.investorinsights.asia/post/introducing-li-auto
[22] BYD shareholders: Who owns the most BYDDY stock? - Capital.com capital.com/byd-shareholder-who-owns-most-byddy-stock
[23] The Chinese Government Is Subsidizing Nio's $35,000 Loss On ... jalopnik.com/nio-s-35-000-losses-on-every-car-sold-are-bankrolled-b-1850903388
[24] Watch Out, LI Stock Investors! Competition Is Coming for Li Auto. investorplace.com/2023/08/watch-out-li-stock-investors-competition-is-coming-for-li-auto/
These china ev give small nations around the world an affordable path toward a greener environment.
I have been quite disappointed with the garbage exported from china
I would rather pay twice as much and buy it once
Chinese communist party propaganda 😂😂😂
Awww beggar pajeed is jealous
Why on earth would anyone buy an CCP EV.
7:20, did you guys stick the mic in his mouth?
I personally love working in an international environment where people speak with all kind of different accents...
@@anpham605 It's not his accent...it's how the audio came out. Muffled but also hyper sensitive.
in essence, this is just competition between power generation & distribution and oil & gas industry. It is just part of the world's electrification process.
For car buyers, the calculation is so simple, for a gasoline SUV, it is approxinately 9-14 liters per 100KM, for electric SUV, it is approximately 20-25KWH for that 100KM.
The operating cost difference is HUGE, even without considering costs of maintenance and service ......
for daily communiting, conventional engine cars doesn't have any chance......
for long haul travel, there is already wide spread NIO battery swap stations, Tesla super chargers, and other latest high voltage charging solutions.
Engine cars won't disappear in a short while, but their dominance will. The same thing happenned to steam engine 100 years ago, but steam engines still survived for many decades.
Steam engines are in high demand in India!
The only reason why EVs haven't entirely taken over the world is because of battery capacity concerns (aside from the pollution that comes from making Lithium batteries), as well as the number of charging options (plus charging speed).
But once those things are settled, watch how EV takes over the world. It's just an inevitable progression in evolution, just like AI.
Remembered how people laughed at the corny and bugged AIs 10 years ago? Well, are they laughing now? This is despite AI not even reaching close to half of its potential.
It's not a matter of petrol being relevant, but how even the oil and gas industry is already transitioning to electric. It's really inevitable.
In smaller vehicles like bicycles and motorcycles, EVs are already taking over the industry slowly but surely. There's just no argument or contest over their performance and efficiency.
And the thing about EVs is that the performance isn't solely capped at its engine. A software update or minor upgrade of say, the controller or even the battery specs would already boost its existing performance. You can't do the same for petrol vehicles without doing a complete overhaul.
scmp, 弯道超车 is not just a phase used by Chinese media, it is a technique used frequenly in the racing tracks.
Great 🇨🇳🇨🇳ever great 👍 👍in the world 🌎
We may come to a stage where we are held captive to expensive products due to our countries' political prejudice. What happened to free market economies and its benefit of wide-ranging offerings to choose from?
EV is way beyond motor car when AI plays an indispensable role in its future. The motor car industry is undergoing a transformation beyond imagination.
China has the best EV cars in the world
Yes
A lot of the vehicles end up at an EV cemetery in China. What a waste.
Name ?
Location ?
@@jacksmith-mu3ee Everywhere. Same as the EV bike crash that happened few years ago. Nanjing, Hangzhou and Yuhan are some examples.
@@jacksmith-mu3ee Your backyard peasant.
@@thelastdefenderofcamelot5623 name location of cemetery. Waiting
That's funny since no proof provided
@@jacksmith-mu3ee That's your job. There's enough drone shots uploaded.
Before Tesla came, the EV industry already flourished. That's why Tesla chose China. Not vice versa.
The question is "Are there really any rival for china " ?
There aren't
@@jacksmith-mu3eeAnd that is why overseas Chinese drive quality cars and not ones from China.
Endian!
@@irenechan7193 as an india I don't ever think india as a rival but I know ur just making fun
From CNN March 7, 2024 - "Exports from the world’s second largest economy rose by 7.1% in the January-to-February period, beating the 1.9% growth forecast by a Reuters poll of economists. The growth is also significantly higher than the 2.3% gains recorded in December." China is collapsing upwards
I do not need a car but if i did a byd ev would be my choice.
Infacy I am Happy for the Chinese, Because at last they don't worry putting on Face 😷 mask any more across their City ,less pollution, and Clean Climate Air
My ideal EV should be using nuclear fission battery
你將會變成核能人，哈哈
Plz do it . 😂😂😂😂
Give them some time
Can we make an electric engine which will function just like the v6 then I will buy an ev
Unreliable
Invite, learn, kick out... Tesla is starting to see the last stage now...
1:50 "China's EV boom was many years in the making."
Also many Chinese EV's did 'BOOM!'💥 in the past 😅
Okay, I believe that will not happen again.
I hope. 🤓
Why don't your reporters just watch the market situations instuatiins instesd of making conjectures ? This type of articles are useless . Personal opinions mean nothing.
And now the EV market has crashed by at least 7%
That's because the manufacturing costs of electric vehicles in the United States and Europe are too high, and these junk countries also restrict the import of low-priced and high-performance Chinese electric vehicles.
@@user-hf4tv2kr2uexactly! If they open the market to Chinese imports even with the 25% tariffs the EV sales will grow at least 50% per year. So many Americans and Canadian want to buy Chinese EVs and they can’t. They have to settle with very expensive Tesla or expensive but less equipped ICE cars.
Never.
I heard during the winter storm in China over CNY, many EV drivers in China were forced to switch off their engine to save energy when they got stuck in traffic jam and they complained it’s really cold without heater and the heater really drain their energy so much that they have to turn it off all the time. The EVs range can drop by 40% in cold weather while the petrol car range drop is between 15-20%.
If you were stuck in the exact same winter storm in your combustion engine car, you will have to switch your engine off too dump dump !
@@anjunadeep.8384 it’s much worse for the EVs because the batteries get affected by cold weather and the EV range shorten while battery gets depleted faster.
@@ditsygirl5409
Dumb dum, the EXACT same problem will be the case for combustion engine cars as there's are batteries in those cars too !
@@anjunadeep.8384 the EV range drops by 40% while petrol car drops by 15-20% in cold weather so that’s the major difference. We all know both types get affected by the cold but we need to highlight the main difference to tell others not to buy EVs yet cos technology is still not mature. Hope you are mature enough to accept that!
@@ditsygirl5409
Dumb dumb, you're the immature one here spreading hearsay misinformations and not based on actual data. Why don't you get yourself stuck in an actual snowstorm and carried out the experimentation yourself and record and report your own first hand findings !
EV battery technology is more mature than you point it out to be. Its used in high-speed trains all across china across all terrain types and weather conditions !
how have they done it? answer: massive state subsidies.
see the anti-competition investigations in EU and NA currently.
congratulations for their success but let's not be under any illusion that it was done in a competitive environment
Listen to the video. Tesla also received the subsidy from China.
@@danielch6662 what tesla received is a miniscule fraction of the overall economic benefits that china's indigenous EV companies got
exploding and fire . don't park under the building. anybody want to talk about the smog and pollution in China?
Only in certain days
Improved by leaps and bounds. Much more clear days than hazy ones.
Every day, in China there are few hundred of fires in ciries.
Sure as they open a 1200 gogawatt solar farm that will grow to 400p terawatts. They have 25 high frequency DC voltage lines to carry this to all parts of China. They are by far the largest solar manufactureres and our govt and utility companies continue to impede production and rollout.
Source ??? Proof??
ABSOLUTELY AMAZING INSIGHTFUL NEWS SEGMENT ON CHINA’s ELECTRIC VEHICLES! TEAM CHINA NOW AND FOREVER ALL THE WAY!👍🙏🐲🐉🐼🌏🙂
Sounds like Chinese propaganda to me! The EVs are not selling and lots and lots of EV companies are going bankrupt!
NOOOOOOO REALLY????? HOW DID YOU KNOW
Just flew back from Shanghai, and most vehicles including garbage tricycles are electrics w/ no sounds, causing me to almost get rammed a couple of times.
Dont stand in the middle of the road. use pedestrian sidewalk.
95% of chyna EVs were sold in chyna, there is nothing to be proud of. 🤣🤣🤣 Also,
China's largest new energy vehicle (NEV) maker BYD saw a drop in sales last month, BYD sold 122,311 NEVs in February, down 36.84 percent year-on-year and down 39.30 percent from January, according to a Hong Kong Stock Exchange announcement today.
@@ToiChutGongWu
E V is a scam, the sale will slump
95% of chinese evs are sold in Israel . Israel begs china
@@jacksmith-mu3ee Like I never have to beg Chinese women 😜 if you know what I mean 🤣🤣🤣
@@ToiChutGongWu Okay pinkie paranoid Pat.
Have seen Dr K the London pianist, what an embarrassment for China, you should have a look at his latest work.🤣🤣🤣
@@wynn3077 ok pinkee cry me a river . In your made in china phone
So much embarrassment that no one cares to touch the Chinese tourists and k loser list his piano 😂
Not possible when their EV's brake may fail and the battery may spontaneuosly combust.
True progress
way to protect the environment.
Yes!
Of course they will dominate. Because the major companies toyota, gm, ford, Volkswagen and all dropping their ev line and switching back to gas power.
That means the total global market will only be 30% and China will share 15% of that with other smaller brands.
Not quite. The likes of Stellantis which owns brands like Alfa Romeo, Maserati, Fiat, Opel, Jeep, Chrysler, Dodge, etc. has bought a stake in a local Chinese EV manufaturer to acquire the tech.
Japanese hydrogen cars are the worst - avoid at all costs.
Not when the EV brakes may fail and the battery may spontaneously combust.
I think hybrid are better option in the long run.
I think i don't care what indians say
BYD
World class explosion
Top20 cities with the most scientific research output:
1. Beijing🇨🇳
2. New York🇺🇸
3. Shanghai🇨🇳
4. Boston🇺🇸
5. San Francisco🇺🇸
6. Baltinore🇺🇸
7. Tokyo🇯🇵
8. Nanjing🇨🇳
9. Paris🇫🇷
10. Guangzhou🇨🇳
11. Wuhan🇨🇳
12. Los Angeles🇺🇸
13. London🇬🇧
14. Seoul🇰🇷
15. Chicago🇺🇸
16. Hefei🇨🇳
17. Zurich🇨🇭
18. Singapore
19. Hangzhou🇨🇳
20. Tianjin🇨🇳
Source: United Nations World Population Review Dec2023
they definitely can dominate the world if indonesia on their side, bcs indonesia are the biggest nickel producer.. you can't build an electric car without nickel 😂
Huh newer battery are nickeless
@@koiforyou if you talkin about LFP, it's not a new battery 🤣 it's been exist for a long fkin time.. you can do your research and find out why they didn't use it on a small vehicle 😁
I am in Western Australia y the f can't I get a cheep Chinese car. I am honestly confused.
Very odd since BYD is the #1 EV car in Australia, topping Tesla 😎
@@HoldMyCowsbergChinese ev microwave on wheels 😂😂😂
Your government insists on charging tariffs, and your dealership network, protected by your government, insists on charging large markups
@@whysoserious7553 Ohh... That's a microwave you never had. Just stick Heendoo Bullock carts, j33t 🤭
@@whysoserious7553you need a different joke. Microwaves don't explode.