Who wins the race for electric cars? | Counting the Cost
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- Опубліковано 21 гру 2023
- For every seven cars sold around the world last year, one was electric. And global sales of electric cars are expected to set another record this year.
Governments are offering incentives to buy cleaner cars, as part of a push to reduce carbon emissions.
China is leading the race right now.
But, United States President Joe Biden wants to change that - and he's spending billions of dollars to boost production in the US.
Meanwhile, the European Union is playing catchup, and investigating allegations that Beijing isn't playing by the rules.
Plus, how green are electric cars compared to fossil fuel ones?
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When the US does subsidy, it's called 'incentives' or some fancily named 'act'. For the EU, it's 'funding'. But if China does the same... Good lord... 'unfair trading practice', 'state subsidy' etc etc 😂😅
the most hilarious excuse is "forced labour" LoL. They meanwhile claims that China is failing due to high unemployment rate.
Yeah.. It's ALL geopolitics and self-interested rhetoric.
When I was a high school teen nearly 50 years ago, I noted that SOMEONE was crying, no matter WHAT the US dollar did. I thought it was ridiculous. Well, that still crying game still goes for economics in general.
2023 EV sold nearly 14 millions worldwide and 8 millions are sold by China.
While China every day is making amazing progress, achieving real results for technology, infrastructure, improving the nation building and working hard to improve the standard of living for the people. China next door neighbor "I" on the west border is always busy with their tons of boastful hypes, self-praise on their leadership, chanting superpower, dreaming of replacing China as world manufacturing country. But with not much real achievement, progress and result.
Their many media channels, no a day we don't get to see negative news, fake news and propaganda reports bashing, mocking and belittled China like a dog barking at the neighbor daily. But the China just ignored the dog barking noises and keep moving forward to get their business done to achieve what they aim for.
Palki needs to know this. 😂😂😂😅
Actually if you watch Palki Sharma lately, she has a much softer tone for China. Sometimes you can see sparkles in her eyes when talking about China. The girl needs to eat and needs to read the words fed to her by her new outlet which is in turn controlled by West funding. But you can see some differences in her eyes. The words are still tough on China but you can see that soft glow in her eyes. LOL 😁🤣
Western media and western politicians don't give China or the CCP credit for the very good job they have done improving the condition of the average Chinese citizen, but not everyone in the west is blind or stupid. (An awful lot are, though).
Also, Western politicians who have the temerity to praise China are "savaged" by the foaming-at-the-mouth rabid western media that likes to paint China as a "villain" (Rupert Murdoch and his evil empire for example), so who knows what they really think?
The West's much vaunted "democracy" ONLY works with an engaged and educated electorate; Brexit and Trump both show THAT's not happening and instead you get incompetence, corruption and lies. Putin's authoritarianism collapses under it's own paranoia and lack of concern for Russia's citizens, so it's hard to see how anybody can currently claim superiority.
Palki probably has a crush on China since she knows well about (the true) China. She just hangs on the job for the sake of good salary sponsored by Uncle Sam. Maybe she is applying job at CGTN.
@@gliu1431 She is probably under Soros' payroll.
Both Us and EU has launched huge subsidies to their EVs and now they blame China for subsidizing their EVs? In fact That subsidy was ended long time ago.
True! But now EU & US need to catch up! So fair game!
Ok can someone explain to me how China is breaking trade laws with subsidies? Doesn’t every country subsidize some of their industries? I don’t get it
Everybody can do it, except China, because China is bad. USA subsidizes Tesla for decades but EU never upset about that.
Notice how no-one knows how to give you a straight answer.
There is an explanation called "Double Standard".
The difference is that China is subsiding their companies OUTSIDE of China not just within, while the other countries are only subsidizing within their own countries. The goal being to take over by undercutting all others into bankruptcies or takeovers just like John D. Rockefeller did a century ago with oil when he undercut everybody, even at a loss, which allowed him to control 90% of ALL the world's oil.
Not only did he undercut all other producers and drove them into bankruptcy and bought them for pennies on the dollar, but he controlled ALL the railroad lines, and therefore, supply lines. And China is following the same EXACT strategy.
The usual "RuLeS (for thee but not for me) bAsEd WoRlD oRdEr" from those you-know-who countries.
I would love to buy EVs, China is reaching the next level in technology. My next car will be Chinese
same ❤
Tesla is Chinese.
Anyone buying a chinese car needs to have his moral compass checked.
@@beautifulandtoolate What makes you say that?
@@beautifulandtoolate Screw you. You are not God.
In a rapidly changing world, instead of crying foul, it's time for the US and the West to adapt and innovate. Wise up and embrace the challenges ahead. There is a new kid in the block.
Journalist lied. Tesla lowered price NOT because of low demand but because of Chinese car makers being cheaper.
They try to smear the whole EV industry. 😂
@@jxmai7687They think we’re blind and don’t see Teslas everywhere.
It's both
@@directxxxx71correct !
If it’s news about Tesla, it’s generally a lie media. Media gets their money from big auto.
China, China, China! There is no doubt about it. Tesla will command 20% of the EV car market, 60% will come from China and rest of the car makers will take the remaining 20%. And even for Tesla, the majority of its cars will be built in China with Chinese batteries and parts.
Right now it is 18% Tesla, 22% BYD , VW 10%, SAIC 10% , Geely 8% and the rest 32%
@@najibyarzerachic Tesla 100% BEVS. The rest not, eg 50% of BYD have an ICE.
@@waynerussell6401 you are right. Tesla's market is limited. They have 0% share of PHEVs.
@@najibyarzerachic For good reasons. PHEVs are a pointless parenthesis.
@@matskarlsson4537 says someone who has not set foot outside his country. Majority of the world does not have access to good grid connection let alone charging infrastructure. So electricity is good as an option but surely cant be the only option.
Not sure about the EU, our government in the US actually also subsidizes various industries here, not only currently but historically as well.
I got my byd dolphin 3 weeks ago... It has been saving me money.. The car itself is amazing, comfortable..
Take a look at Chinese EV car Avatr 12. It is like from the future. The design is amazing and the quality if surprisingly great. It runs on Huawei technologies with powerful self driving software. The software does not rely on maps but various sensors around the car and high level AI to execute the self driving operations. Amazing.
What is the unfair trade practice, Biden?
IRA
Unfair trade practice definition: a practice that we are incapable of competing and unlikely that we can gain our foothold on.
Anything as long as the US is incapable.
It means you can only use fist👊 no kick!🦶
Beijing isn’t playing by American rules. Just to clarify the statement “China isn’t playing by the rules”
I think you are mistaken europe and US with china
Did I just hear tax break?
Beijing has been educating the people that traditional cars cause more pollutions, are more expensive to use, and are hard to get a license plate.
Why should China? Idiot.
@@catinbootsnow4267 It's mostly about the lower expense. I don't take Climate Catastrophe theory seriously. The climate changes, and recent changes are anthropomorphic to some extent, but so what? So what if Manhattan is underwater centuries from now? It was hardly populated, compared with the present, a few centuries ago anyway. Man can and will easily adapt to a changing climate over centuries. Migration on the required scale occurred when men rode horses and traveled the oceans in sailing ships. Wealthy people with beachfront property in Florida must account for the depreciation in their investment strategies, but I see no reason for taxpayers to bail them out with Quixotic attempts to engineer the global climate.
But I drive an EV because I found a lightly used 2020 Bolt EV for a bargain price and can fuel it at home more conveniently for a fraction (20%) of the cost of fueling my Mazda 3, a similarly compact hatchback. I don't believe the battery failure FUD because plenty of well-maintained EV batteries already have hundreds of thousands of miles of use with much less than 20% range loss, and 80% of the Bolt's range is very manageable. I've only had 80% since I bought the car, and it's fine even on road trips requiring a stop or two to charge. I'll have 100% in a month or so, but I'll only notice it on road trips that I take only a few times a year, and I won't notice it much then.
Long stops to charge on road trips aren't bad anyway. I can eat and/or watch youtube and comment while the car is charging as easily as I'm doing it now. EVs aren't for everyone yet, but many people want them for reasons unrelated to climate change hysteria.
Who Won? China hands down !!! LOL
I was lucky to try different EVs, gotta to say my next car would be the Chinese EV BYD or Huawei.
Would never buy ANY Chinese tech stuff including EVs!
Security risk!
@@tibsyy895your phone computer tv all got Chinese tech, even Tesla is using byd batteries😂
I tried both the ATTO 3 and Dolphin. Very impressed by the instant acceleration as compared to the ICE cars.
@@yifuwu3261 Clearly you dont understand! All your data, face ID, fingerprint , routes, banking apps all go through Chinese servers. They take all your data! They write software as they please!
@@tibsyy895 You are a brainless tool.
You have no idea how much Chinese tech is already in your home.
As long as there are cheaper ICE cars for sale, No one is forcing Anyone to buy EVs.
EVs are just better -- quicker, more efficient, cheaper to run, require less maintenance, etc
Until you need a new battery. And remember these tech companies can kill the battery anytime they want with over the air updates. Planned obsolescence just like apple phones!
The market is absorbing EVs about as fast as they can, the pace is fine. more electricity production, dealer support, etc can only move so fast. EVs can't be stopped, we've crossed the Rubicon already and China is dragging the entire planet with them on their road to electrification of society
That theory is proving to not be right. Residential Solar, batteries and efficiency are actually negating any increase to load. In Spain the load has decreased by about 10% in the last 5-10 years
This is bullshit, the global production of electric energy is at its limits, so a bigger number of EV on the roads will only lead to a gross increase of the price of electricity.
Delusional
@@jonathanf.9395 has in the UK as well. Residential solar and battery is set to have a greater impact in the next year.
This is always customer demand, but large legacy automakers are failing to provide value for money EVs.
This video should be used by Universities to educate ' Bad Journalism '!!! All questions were loaded, biased....poor form as usual by Al Jazeera....
Just like "national security threat for phones and other technologies " they want to find a way of buying time for their companies
As long as they don't put any REAL limits on ICE vehicles, green technologies, global warming, climate change, and ecological sustainability are just empty political slogans.
spot on
EU has no EV car making capacity. Most likely it will team up with some Chinese EV car makers to build their cars. EU can not possibly abandon its gas car capacity and work force and move to EV car sector.
Mercedes, BMW, Renault, Stellantis all build EVs in Europe. Nissan has produced the Leaf in the UK since its introduction in 2011. Tesla has built a Gigafactory near Berlin and is producing 300,000 EVs per year, with plans to expand to as much as 2,000,000 EVs.
Life cycle cost vs 'sticker price' makes all the difference. When you pay nothing for fuel, and near nothing for parts / maintenance, your costs drop significantly.
And add to that - what is the 2nd hand value of an ICE going to be in say 5 years. Will you even be allowed to sell it?
@@matskarlsson4537ICE's used values are remaining very strong and robust, while EV's depreciate heavily. (Strong depreciation = unwanted or unpopular)
Most Americans still prefer their noisy gas guzzling SUVs for daily commutes. They have no conscious on their climate footprint. Just look at their recycling efforts, only if it is super convenient and even then not many really take it seriously.
EV are getting cheaper and soon much cheaper to run than ICE vehicles 😊😊😊
Than economic factors in play around the world and no one can doubt it 🎉🎉🎉
If you charge at home, insurance good luck, parking 🤔 fire risks good luck
@@5150TJTfire risks a EV fire is like a plane crash all over the News ice vehicle fire crickets 🦗.
@@garymellow1185I don't like EVs very much: they are too quiet, don't work well in the cold, depend on the grid and seem complicated or expensive to repair. Also, new tech transfers too much power to the state: at the flick of a switch, they can turn off your car.
But you made a very good analogy. I can see the EV is generally safer.
Is nobody addressing the issue of higher insurance costs in the UK?
In Canada too…
Based on a fully comprehensive policy with one driver holding a full UK driving license, MoneySuperMarket data suggests the average annual premium for a Tesla Model Y would be £479 - 03/2023. Tesla also offers its own insurance, based on driver performance - go to directline /tesla.
Higher insurance costs are everywhere, not just the UK. And it only partly has to do with EVs, insurance costs for ICE vehicles would be skyrocketing regardless because of parts shortages and the ~50% increase in both new and used car prices over the last 5 years - only partially due to Covid. If the parts cost more or just aren't available then the insurance costs go up. And since Tesla doesn't have dealers OR a decent service structure (for out-of-warranty repairs) they ARE very, VERY expensive to repair.
Since the UK voted for Brexit it is no longer a part of the EU market and thus is a tiny new vehicle market with less overall politcal power on the world stage. As for higher insurance costs, that is hitting all vehicles, in the US, where I live, all vehicles priced over US$50,000 (which includes most of the EVs) have had their sales drop significantly in the last 12 months due to a combination of inflation, higher interest rates (new car financing has gone from less than 3% to over 8% in those 12 months), and higher insurance costs on all vehicles (mostly due to supply chain issues, can't get parts so total loss on more vehicles). The only exception to the drop in new vehicle sales, in the US, in the US$50,000 and up price range is from Tesla and other highly anticipated new release EVs. Currently US pickup truck sales, the leading segment of the US auto market, has seen a sales drop of nearly 50% in the last 4 monthsas the average price of a pickup truck in the US is currently over $65,000.
The race was won, years ago
The similarities between the ICE vs. EV debate.
Same as the struggling of the manufacturers of tape, floppy disk, CD-ROM, USB flash drive, and aluminium hard disk in this mobile broadband cloud computing internet era. 😊
I read Nissan is teaming up with Dongfeng to manufacture EVs to export to other countries.
I’m constrained by my country ganging up with the US to stop Chinese evs, but for me as an individual they have cheaper and more tech rich offerings why should I be restricted?
You could build/install your own charging station/device at your own home, and charge your EV at night and drive it the next day.
But you would be limited to how far the charge can take you, which unfortunately will be determined by the brand and the type/model of the EV you own/purchase/rent. So far the EVs from China can last a much longer drive -- when Tesla is pretty content with its 500km per charge, many EVs of Chinese brands can last at least 800km per charge and some already reaching 1000km per chage. In addition, the EVs of China have already developed (likely already installed in their EVs on the market) the technology of "fast charge" reducing the charging time to like 2 or 3 hours to reach 80% or 90% of the total capacity of batteries.
One would wonder how the US government is practially doing in order to implement its blockade of China's EVs. For instance, would or already did the US government just legislate any statute to "blanket block/ban" any import or sale or even merely parallel import by individuals for personal use of the EVs from China? (I know some people in Russia and Uzbekistan purchase the Chinese automobiles they like to have for personal use from China and arrange for them to be shipped to Rus and Uzbek.)
A chinese imported EV car offers 900,000 km battery warranty for taxi in my country. So far, 10% of new car registration are EV and the number is growing.
When you follow everything EV and adjacent industries you find that these main stream takes are often way behind, more wrong on many issues and even though this was one of the better episodes, it still shows a lack of knowledge of the EV industry.
The reporter was following suit of rhetoric created by the Old guard auto makers who are desperately trying to slow the transition to EVs. I'm uncertain whether he knew he was making false statements.
Yes, this reporter was basically following the fossil fuel funded narrative, which misrepresents reality in a way that turns everything on its head.
Aljazera, I started watching your news broadcast in the last year from that period to this moment you've been providing me a lot of useful information about politics and the current events. Your service towards the world of news is invaluable and incomparable. Thank you very much for making my awareness of the rest of the world. Your service is classy and polite not like BBC who are showing the middle finger to the screen in public. I highly admire your politeness of reporting the news. Please, never lose the quality of your performance, You are doing pretty much great. It's much better if you could also tell something about the weather of Sri Lanka during the weather forecast. I wish all the best Aljazera!, I watch you everyday. Greetings from Sri Lanka!
love to Sri Lankan brother from India
@@existentialbaby Thank you, India is such a great country. I'm so proud of my neighbourhood.
@@sirbimsaranadirangaalmedaa403 ❤❤ If you ever plan on visiting India, my home is open for you.
No mention of total cost of ownership? In Spain cost per KM can be as low as 0.5 cents €
EV is still fairly new. Too early to tell who’s winning the race. The next 3 years we will see who will win!
For car manufacturers, "who wins the race for electric cars" might as well be framed as "who will dominate the *lucrative* electric car market once it becomes mainstream." It has little to do with preserving the environment. If "Who Wins the Race for Electric Cars" was the title of a movie, "Profit" would be its star, and "Green Environment" would be its background actor. 🙂
For all of the difficulties and teething pain associated with a totally new technology, from an engineering standpoint EVs, by virtue of their much less complex propulsion system, will eventually become much cheaper to build than ICE vehicles - a fact that virtually guarantees that ICE vehicles are on the road to extinction. Meanwhile, any assessment that holds EVs will have only minimal impact on the environment is simply wrong. Current IEA projections are that by the year 2030 EVs will already be offsetting 5 million barrels per day of petroleum output - not exactly a trivial outcome considering that's equivalent to the entire output of Canada, the world's 4th largest oil producer.
@@normvanduker9999
We are in agreement that EVs are the way to go. The issue raised in the video is that EVs' impact is minuscule in the *current* socioeconomic environment because of *widespread* reliance on fossil fuel energy. It's because of the following uses of fossil fuels on an *industrial* scale: 1)during the mining of crucial raw materials used in batteries, 2)during the transportation of components and possibly the EVs themselves, 3)during the production of the electricity EVs need for recharging, 4)during the production of the EVs themselves, and 5)during the production of fiat money that will have to be available to purchase an EV. Such processes would have to go green before EVs can live up to their potential of preserving the environment. 🙂
@@normvanduker9999
By the way, EVs have been around since the dawn of the *last* century.
@@Lamin_G Addressing each of these first 4 issues in order: 1) Mining of materials needed for EVs is rapidly becoming more efficient as is evidenced, for example, in the now collapsing price of refined lithium and other components going into battery production 2) transporting components is not an energy cost unique to EVs 3) converting chemical energy into electrical energy at large power plants is far more efficient than converting chemical energy into kinetic energy in small internal combustion engines 4) the simple design with far fewer individual parts needed for manufacture points to EVs eventually being both cheaper and requiring less energy to build than ICE vehicles. Further, there are two points in particular that deserve further attention. It is a popular myth that when an EV is charged with electricity derived from burning fossil fuels it has a CO2 footprint equivalent to an ICE vehicle. This is not true. A large coal fired plant is 40% more efficient at converting chemical energy into electricity than a gasoline engine is at converting chemical energy into motion. Meanwhile, transmitting electricity over power lines costs less energy than refining and then transporting gasoline to filling stations. Therefore, even if all of the electricity used in and EV came from burning coal, that EV would still have a carbon footprint 27% smaller than an ICE vehicle burning gasoline. Further, 40% of the electricity generated in the US comes from sources other than burning fossil fuels and the percentage that does come from fossil fuels has been in decline for more than a decade. Right now, (not in the distant future but RIGHT NOW) allowing for all energy inputs related to both the production of the vehicle and the generation of electricity needed to operate it, an EV has a total carbon footprint that is less than that of an ICE vehicle after only 18 months of operation. Then, after that first 18 months, an EV has a carbon footprint that is only a fraction of that generated by an ICE vehicle. Finally, because an electric motor operates at close to 97% efficiency as compared to a gasoline engine that typically operates at only about 25% efficiency (losing 75% of the chemical energy in gasoline as waste heat), as the electrical grid continues to transition away from fossil fuels EVs have the potential to achieve close to no carbon footprint at all.
When the world changed from horse to steam all the mining, manufacturing and transportation to make steam possible was done either by horse or human power. Eventually steam's full potential was reached and everything was done by the steam engine. Surely mining machines and trucks will all one day be electric. They already exist. Electricity will live to its full potential including the largest part being produced by renewable.
The host is so dumb for repeating questions on whether the demand is sufficient.. bro, that's why China is developing it to create the demand.. when you have a better product in the market, the demand will build up... who on earth will wait for the demand is sufficient enough then only they start to invest in the industry?
Labor cost is high in EU and they don’t have cobalt for EV battery
EV is the choice and the real winner is the one who gets with the Range.
As a European myself, I am ashamed of the stupidity and weakness of European politics. 99,99% of all efforts and money is spent on internal bickering and squabbles, resulting in the stupidest possible division of monies. The EU manages to thwart or destroy all of its competitive powers one by one. This is at the basis of the vast anti-European sentiments, exacerbated by ruthless locally rooted identity politics.
US and European car manufacturers ignored the signs and convinced themselves that their first class ICE know-how would help them create first class electric vehicles. It's not proven to be quite that easy. At it's core, an EV is a battery on wheels supported by software. The big premium car manufacturers have struggled with software long before they entered the EV market.Add to that very strong unions who (aligned with politicians) rightly see the Chinese EV tsunami coming and washing away they jobs. It's not going to be pretty but it has happened before.
BYD and Tesla
India win. India always number one according to India media.
Chinese EV startup NIO just demonstrated the latest technology with a 150kwh battery. They also have fast charging and battery swapping technology. I wish they enter the North American market soon. I really like the idea of buying an EV without enduring the expensive battery replacement costs!
Why do you want to replace the battery after 15+ years?
This host is acting like oil come from thin air but unfortunately oil production is a very dirty business, you have oil leak and carbon dioxide and methane emissions we tend to ignore.
When the EU says that someone is not playing by the rules!? The rules are that the EU has the most expensive cars, car parts, fuel for cars is the most expensive in the EU. For over 100 years, they have been producing internal combustion engines that keep breaking down, so every service is overbooked and they take time and money. The car was supposed to connect people and not lead them into poverty.
Due to the competition of domestic made EV, dragged the traditional ICE car like BBA and Japanese car price drop dramatical in China, it is the comsumer get the benefits finally. China will be No.1 in world no matter how much afferts EU and USA try to ban it.
Very lucky Chinese enjoy the latest EV Technolgy with local production and lowest price as without import tax and duty.
What the heck! Normally I watch Aljazeera to get less of a contorted conservative bias. But on this video the 'reporter' spouts intransigent, conservative lies which then the interviewed person gently corrects. However the reporter never makes any statement of understanding the correction. What is up with this reporter making statements that he apparently knows so little about? This was a really poor report.
Once Tesla making their 25K EV, its really game over for any ICE vehicle and it will become the new Toyota corolla dominating the market for many many years.
Tesla’s batteries are purchased from BYD
Pindot, which ever car company that makes a 25K EV, it might be game over for ICE vehicles. Tesla cars have a ceiling because not every car buyer wants what Tesla is peddling when it comes to interior content.
I have owned an EV for 7 1/2 years abd 39 k miles, it has now lost 33% battery and range degradation. $25k would never tempt me to buy another EV, even at that price, they are just a financial and logistical nightmare. Never, ever again !
@@stevezodiac491 Battery chemistry has changed immensely in 7.5 years. Many manufacturers use 'million mile' chemistry now including CATL and BYD. BEVS outlast ICE by 2-3 times with little maintenance. BEVs beat ICE in cost in use within a few years.
$25K or less EV is everywhere in China.
This report says the old mantra too.
This report is 10 years behind reality!
Very disappointing!
Well done video!
100,000 stations in the us. There are 52,000 charging stations in the uk.
Of course they never talk about the pollution that comes from mining & refining oil & gas and getting it to market.
Overpowered, overweight luxury electric cars are a dumb idea. Soon there will also be lots of overpowered, not quite as overweight luxury gasoline cars too that were sold by virtue signalers. The result will be the heaviest and most dangerous fleet of cars for pedestrians ever.
The current barrier is geopolitics. Quality reasonable EVs are abundantly available. Politically dictated tariff and politics are preventing Americans and Europeans access to them.
Who wins the race ? Thermal cars …. the EV nightmare bubble just popped !
In the US, many of the components that go into ICE vehicles are mare in China as well. Rescinding the industrial policy of the IRA will ensure the US is left behind as the world moves away from petroleum and fossil fuels which is ultimately what the nay sayers are clinging on to. If there's anything capitalists seem to hate, its fair competition. In the US, besides the direct payments to legacy auto of the great recession, the auto industry isn't subsidized. What IS subsidized is petroleum and highways. China definitely experiences the huge benefit of being an ancient society led by the wisest among them. Were a long term leader to arise in a place like the US, they would simply be focused on restoring the economic conditions of post WWII USA which is materially imposible without probably slave labor and massive environmental exploitation.
I think keep an eye out for Hyundai/Kia group. Both Hyundai and Kia are now selling some excellent EV models, and will soon switch to the second-generation IMA platform, which may be better suited for a wide range of EV models.
I thinks china win
It was rising interest rates that slowed the purchase of EV's
Would like to know what unfair trade practices in China according to Biden. Is tax break he is talking? Didn’t the US also have that for the EV in the US. Furthermore, in China, tax break applies to both domestic made EV and Tesla too !
It means you can only use fist👊 no kick!🦶
This guy doesn't want to lookup the fact that a brand new Tesla Model 3 is going for $35,000 WITHOUT any incentive, or as low as $23,500 and no tax in a state like NJ or $22,500 in Colorado.
Or mention the fact that the Republicans and the Big Oil business have made China great and want to keep that way despite talking the opposite. They drove the new energy and technology supply lines and all the manufacturing right into the hands of the Chinese government.
We are in the midst of a new revolution as the industrial revolution of a century or two ago, and the Republicans and Big Oil are the "horse and buggy industry" who want to keep it that way, when the world was switching to the automobile then, and is now switching to EVs.
They are the Luddites of our age. The world is switching all around us and they want to America behind and keep the old ways simply because it financially benefits them and they can't see their roles in this new world.
TESLA is already an American Car Company, who CREATED this lane, and is leading in the West and In China... Why isnt that mentioned? The US is already leading via TESLA
In China EV price is comparable to that of ICE
And what about opportunity costs? How about investing in more transit, especially in places like the US and UK.
I'm buying a gas powered phone just to spite the EV industry
The European car makers dominated the Chinese market for decades. They’ve enjoyed low labor cost, tax incentives and low environmental costs. One would expect them to create low cost EVs and export the low cost vehicles back to their parent countries. Hmmm, that won’t happen in a capitalistic economy, and that would be a political suicide if they try. Ultimately, EU consumers will foot the bill.
In the list of environmental costs for EV‘s versus ice vehicles, this report did not include the cost of resource extraction for petroleum, including the refining and distribution. If you don’t include these factors, it is an unfair comparison.
BYD and TESLA 🎉🏆
A troubling mix of good information and disinformation in this video, with more disinformation overall than useful information. Because the disinformation is seamlessly blended in with the facts, it's tough to sort out misleading statements, which are numerous. For starters, in most places, the Tesla supercharging network is excellent. The problem with adoption is that there is frankly a lack of demand for Legacy auto makers EVS because they are not competitive with what the Chinese and Tesla are making, and contrary to endless jabbering about this, there is not a weak demand for electric vehicles. Tesla sales and the sales of other non-legacy automakers electric vehicles are growing at 50% year-over-year or faster. How much faster are you expecting this disruption to happen? We're talking about very expensive purchases so that takes years. We are still clearly and unequivocally in the exponential ramp of the sigmoid curve of disruption. That does not support your narrative about lack of demand. Additionally, interest rates are making the purchase of any new car painful and this is actually putting some breaks on the process of adoption. Last but not least, you are mistaken about Eevee's not impacting one's carbon footprint. That is pure disinformation. Additionally, the much lower maintenance and operating costs more than offset the sticker price differences and the sticker price difference is crashing faster as the cost of batteries goes down dramatically. The cost of Entry model Tesla's is actually less than the average price of a new car with an internal combustion engine. On all these points your video is frankly misleading and this disinformation appears to be produced at the behest of fossil fuel interests sponsoring your station Clean up your act please!!
Arabians should establish their own EV brands and make up 50% shares of Arab area EV market at least.
It’s too late to act now, but you can invest in China’s electric car market and buy BYD or Avatar 12 shares
Saudi Arabia owns lucid
@@mistermood4164lucid is not in good shape at the moment 😢
@@mistermood4164lucid doesn’t have ability to help Arabians to establish a EV supply chain. It’s useless.
A pro-EV feature, this is. You forgot about the following:
1. EV's depreciate in most countries like falling rocks, which is directly linked to their unpopularity on the used market. EV's also have a much shorter lifespan compared to ICE, and that requires a new EV to be "remanufactured" sooner - and as it was mentioned - its a very polluting procedure.
2. Many countries have zero facilities for old EV's batteries to be recycled, nor do they have plans to build such. As if highly toxic e-waste from cellphones and laptops aren't a big enough crises in some countries yet, lets add massive EV batteries!
Let the free-market decide what they want to buy, and stop forcing people into EV's with stupid laws and bribes in the form of tax incentives.
If you live in London and intend buying an EV, you must seriously consider the lack of charging stations. Often the chargers are not working or there are other cars waiting ahead of you, plus the KWH rate of £0.75 or more is a joke. Only consider an EV if you have access to a home-charger. Probably it is best to rent one for a few weeks to find out for yourself before buying one!
EVs make much more sense if you can charge at home or work.
Nivion 80A fast tesla to J1772 adapter works very well
3:12 Buy Canada graphite
That 'S' curve being critical. Cost benefit driven.
No one wins. The producers are losing billions and the cars lost 25 to 35% of their value in One year so they are all loosing.
China (BYD)
Hmmm, if the question boils down to what do consumers want, why not go to consumers and ask them directly what goes into their decision making process. For myself, I am looking to buy an affordable EV in the US in the very near future (2-4 months) because of the infaltion, supply chain issues, and the American dealership system I am looking at buying a used EV because no new EV available in the US meets my needs. Currently the Kia Niro EV used 2023 Wave trim suits my needs the best and although I can't afford a new one at close to US$47,000, the used 2023s with less than 20,000 miles on them are currently selling for around US$28,000 which does fit my budget. So if a car manufacturer brings a mid ranged (200-250 mile range) new EV at under $30,000 nicely equipped I would consider it. BTW I don't qualify for the US Federal tax credit because my income from Social Security is to low to be taxed, so buying new to get the tax credit is not an option for me. I considered the Volvo XC40 P8 Recharge and the Audi etron Prestige which used are selling for around $38,000, down from MSRP of $58,000 and $85,000 respectively, but with the higher costs for insurance and extended warranty they again go out of my price range.
2025 is going to be the turning point because we're going to see all new EVs in the US on NACS, and we'll have an extra year from now for Tesla to build out even more superchargers. Tesla is also selling its charger to customers like BP. Battery tech is getting better each year we should see the first solid-state batteries arriving by 2026. At that point there will be a 500mi acceptable range on any EV, or at least it will be an option. The US had over 100 years to build out its gasoline infrastructure, and it's going to take more than a decade to do that with charging, but fortunately the whole nation is already wired up and we don't have to haul oil across the country. Shifting to EVs is inevitable at this point, not just because anyone who has ever driven one would think driving a gas car again is barbaric, but also because they will ultimately be cheaper than gas cars. (point in fact - they already are! But don't tell a gas guzzler lover)
No mention of shorter lifetime, more costly repair and insurance, manufacturers don’t supply the regular non-premium cars mainstream consumers want, unclear second hand market compared to ICEs. I would love to do the right thing but at the moment these are expensive toys for hobbyists. The washing machine, vacuum cleaner, home computer and mobile phone all allowed us to do new things and added to quality of life but EVs are presently a poor drop-in replacement for what we already have.
Because what you said is all nonsense, it's a factual programme not fairytales like you.
Anti EV misinformation campaigns in US MSM is slowing down adoption.
Common charging for the people don't harm the people with protectionisms like tesla
Stop this by-gone era of protectionisms, now it is all about going cleaner.
poor eu car makers...cant make a 5000% profit on luxury evs anymore.... how terrible.
nice
No One.
In 10 years we'll see
China has lunched sodium battery EV
Hi if ev's are the future, I have a question?
If a ev cost x and its battery lasts for ten years approximately what is the resale price of this car going to be?
Like many things technology moves on will I be able to get a new battery for this car or will I be told sorry we don't make this type of battery and this old cars its compatible any more with the new technology.
Will ev's become an expensive throw away product?
Check videos from Tony Seba : The INSANE Pace Of EV Disruption
EV Cars will cost less than $5000 by 2030 . You can forget about Combustion Cars or H-Cars forever .
Elon Musk predicts that Tesla will be the best EV cars manufacturer and the next 9 brands will come from China in future .
Yo, buddy! The electric car scene is crazier than popcorn popping in the pot! Check out this rundown:
USA vs Electric Cars:
In the US, some politicians are going at it, saying electric cars are job killers. Seems like they don't want to let go of the gas-guzzlers.
Missed Predictions:
In Europe, everyone messed up big time on predictions about the electric car craze. It was more lost than a blind dude in a shootout.
Government Getting Involved and Saving Companies:
In Europe, they're playing the heroes, saving giants like Ford from going down the drain. But here comes the beef: how are they protecting Volkswagen, even when it's stirring up big environmental messes and fooling people?
Poking at China:
The folks are grumbling that China is onto the electric car game. There's talk that all this resistance might be just a smokescreen, like holding onto an industry that's already done.
Economic and Political Moves:
Some folks think all this resistance is a dirty game, like holding onto old cars before setting up a brand-new industry turbocharged by the government.
In a nutshell, it's a mess between old cars and shiny new electric ones, with people questioning if they're holding onto the old cars for their benefit or just acting crazy. It's heating up, my dude! 🔥
in evil voice : i will not let them 😅
Only corporate wins😂🎉as always 😅
Tesla has already won! The battle is for second place. And no matter who wins they will all use the Tesla charging network.
i cant afford an european ev, neither do i want an overpriced luxury car. I need a cheap affordable bucket to go to work in.
Bald dog says " HHHMMMM I WILLL HHHMMMMM NOOOOTN LET THEEEEENN CHHHINNNNA TO DO THAT . HHHHMMMMNNN.
EVs are not sustainable. Imagine all batteries needing to be replaced.
Thanks for the great show. I was wondering why the clip material was something about a Tesla advertising, like showing the logo several times. As a shareholder of German auto stocks it was hurting ;) thanks again
Very bad choice of stocks!
USA and EU, eat the dust mate.
Absolutely the most environment-friendly so far!
Either related minerals, batteries or electricity are manufactured or produced in well pollution-controlled factories, the most ideal environment-friendly situation ever possible in the automobile history when compared to ICE cars
Consumers.
Tesla.
Our health