@2cartalkers ... I agree, I've bell-subscribed the day I watched this channel for the first time and I've been watching all of Kevin's videos since then.
Absolutely the most detailed and researched presentations on China I have found anywhere. Much appreciate the objective fact based reporting. Excellent analysis.
China is far ahead now in the Quality/Price ratio for R&D. Because it's the connerstone of the Industrial Knowledge Economy they can deliver more projects On Time, On Budget and On Target than their competitors.
The number of engineers in Europe is on decline, I used to work in a European engineering MNC for almost 2 decades , in the last 6-7 years lots of engineers in the HQ were hired from Asia replacing the Europeans . No engineers no industry !
I’m mesmerized by your presentation quality. Where are those whose job it is to figure this out in the first place? Thank you for shining a light on what is going on in the world.
Those people ARE "figuring it out", BUT, Those with the mandate of Governing "For The People" (AND "the best interests of the people") are instead "Persuaded" to Govern for the best interests of those with vested interests in the status quote AND the money to "persuade " them.... (Ironically, money made as PROFIT *FROM* current industries)
Look we can sing Rule Britannia and do Brexit far better than the Chinese can. Notice how he conveniently never mentions that in his reports. It's all engineering this and making that stuff. Hmmm. Just sayin
Where are the Japanese? Toyota went off on the hydrogen trail and only recently resigned itself to follow the crowd in eV. Toyota is using BYD's hybrid system in liu of their own hybrid design that they have used for years. Chinese EV are selling well in Japan. Nissan is about to go under.
Toyota, Honda and Japan as a whole have failed miserably for not adopting Nissan & Carlos Ghosn's lead in BEVs well over a decade ago. Today, China has surpassed Japan in every BEV metric. Too little, too late. Arrogance has its pitfalls.
I once with my partners paid a visit to BYD HQ last year, the lady that greeted us and showed us a tour around, was a PhD also. :) And her job was to accompany people for a tour in HQ. Imagine that.
These failures on the part of "the west" and successes of "the east" are indicative of the inseparability of politics and economics. In the UK we had EV's in cmmerial use, primarily a ubiquitous "milk float" (some still doing milk rounds into the 1990's) but also a 'Bedford Elctric Van'.. The Bedford EV was used as a fleet vehicle by the Public Services Agency (PSA) a branch of UK Govt. and the Greater London Council (GLC)) built by Lucas Industries.using the Bedford CF (mfd by Vauxhall Motors) as base vehicle. The UK also had one of the leading producers of domestic Batteries (Mullard Electric Ltd) who produced the famous Duracell brand and of ocurse there were homegrown manufacturers of lead/acid batteries) In addition, there were developments and prototype ideas in the making up until ... wait for it ... 1979 and PM Margaret Thatcher. WTF??!!!! The election of Margaret Thatcher and her Conservative Party in 1979 heralded the de-industriaisation of the UK. Her openly stated goals were to turn Britain into a 'service economy' and to demolish the power of British working class (i.e. the trade unions and organised labour). Those goals were political and compounded an already catastrophic decade, or so, of under-investment and bad management in UK industry. The elephant in the room has not been dealt with to this day. This is the "short term 'profits before people & purpose' mindset". That mindset is compounded in the US by their simultaneously pathological reourse to war when their greed is not enough.
Neoliberalism, which basically is what you deride, was a geopolitical strategy to defeat the USSR. Giving up industry to China and other such countries got them on West's side, and it worked to discredit the Eastern Bloc's economic policies. After the USSR fell to neoliberalism, the policy was continued with the aim of taking over Russia itself, and eventually China too. But as we know, Putin put a stop to it, and the decision was eventually made to launch a war to depose him. However, Putin continues to stand firm with China's backing (which the USSR lacked), so it might be the EU that ends up on the chopping block. That will also be the end of the neoliberal era. Unfortunately, the EU and its periphery will likely experience significant decline and hardship in the process.
The tortoise (China) and the hare (West) race analogy brings to mind. The West being arrogant that they can win over China anytime they want…in the end lost to China.
It took a Government with SMART leaders who said "THIS is what, and HOW we are going to do things", THEN consistency with the only modifications to IMPROVE.
Northvolt was heavily subsidized by the Swedish and German governments and other institutions (pension funds and they lost all that pension money they invested). Yes, subsidizing is bad. Go figure :)
It is a special gift for me when I wake up in the morning and find another article from you, Kevin! Always informative and insightful. I really don’t know how you do it so consistently. I used to travel around for the Canadian government to all of the prefectures of Japan in the 1980s arbitrating claims on wood products from Canadian manufacturers (often just mold and stain issues). So I have a feel for the adventure you are experiencing in China. You are such a pioneer!
I will be forever thankful to you, you changed my life I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver
Funny... (haha.... see... I laughed) But you should REALLY use the resources at your disposal before making "Smart" statements which Aren't "smart". Just so happens I'm in London and I keep up with the UK progress on Renewables .... It's 17:17 local time (GMT). It's DARK (So no Solar) and 7 centigrade. UK generation is currently running on about 14% Nuclear, 10.3% Fossil Fuel, *54% Wind* (Plus hydro/ Biomass/ etc) As for "Coal". That would be tricky, BECAUSE THE LAST COAL FIRED POWER STATION CLOSED IN SEPTEMBER. (and we have a LOT more wind coming on line, with storage) . smh
2025 is going to be a very interesting year. The Chinese have been somewhat quiet for the ending of 2024. May we all live in interesting times. Thank you very much for the updates. No one is blinder than he who refuses to see. Keep the warnings coming hopefully the message will hit home before it is too late.
@@seaskyguy Not officially, until 20 January 2025. He has very little control in relation to POTUS Biden and Ukraine. Very recently, yet another long range missile attack, "striking deep inside Russia"
Another excellent, to the point video. The only way forward here is collaboration and not tariffs and protectionism. One wonders when Elon is going to tell Trump that they need to work with and not against China (and for that matter Korea)? For the legacy auto industry it looks pretty simple-partner up with the best in the business or fail.
Recently other companies have decided to drop LIDAR. Maybe they’re all wrong but it seems like if other manufacturers in the business who have been using LIDAR but have now dropped it then it seems to indicate that it is not needed.
@@juliahello6673 Everyone in China is using LiDAR for Level 4 and 5, except Tesla. Government is most likely going to mandate the technology since the cost is now negligible due to economies of scale.
From what I've observed, Musk very rarely gets involved in the actual engineering side of things, and when he does it tends to end up like the cybertruck. In fact I believe Tesla just let Musk have the cybertruck so that he wouldn't micromanage the rest of the business. It's the toy they give him as a distraction.
Our power sports industry is in trouble, with Arctic cat going down etc ....hope we can start getting Chinese alternatives for a decent price, great content!
In my 35 year career in high tech, I had several interactions with European companies on various technologies. European engineers are arrogant and complacent. Their executives are great talkers. In physical-science-related technologies, they are great in making promises and getting funding and never really deliver in quality or quantity. They might have some holdings in very small niche markets which Asian companies find too small to be bothered with.
I always felt Northvolt should have been working on grid batteries not EVs. At least they would had chance working on flow batteries or some other cheap low density battery tech that they would not start a decade or two behind the competition.
Distraction is the greatest killer of success, someone said. And we have a LOT of distractions right now in the west. I won't name them, we all know them.
CATL now can buy some factories in Sweden with defective machinery for very little. They can put in better machinery of there own. But the major problem stay's the same. Now skilled an motivated labor available, that's the problem in Europa and the USA. Be good and nice holidays Kevin!!!
well what was the root of all this offshoring to begin with? Wasn't it greed, short-sightedness resulting from a complete indifference to patriotism? It's not only manufacturing but also resources are commonly off-shored ever since somewhere in the early 2000s. It's no secret that most software companies in the US, for example, have an army of people in India, for example. It is presented as this cost savings and productivity boost - while one group sleeps the other works. But of course nothing could be further from the truth. Only the cost savings are true, at least in the short-term. Everything else is a weak gimmick at best. It's still the same people doing the same amount of work but on different timezones with language and other barriers between them. This can only hurt efficiency and quality, not to mention workers' stress levels, as compared to when the entire team is on the same timezone and speaks the same native language, etc. etc. But nobody knows how to reverse this situation, nor probably wants to. The cost savings, which are probably significant due to lower wages and benefit costs, is always the top criteria, because who are the top stake holders that must be pleased - the shareholders! Everything else is too long-term to think about. Whereas countries like China and Russia do make their strategies more long-term, because they have patriotic agendas. That's how sovereignty helps and globalism hurts. To counter balance this, the US tries to go to war with others' sovereignty to compensate for the loss of their own, instead of focusing on bringing it back. Globalism must either be subjugated or it will suffocate and kill you.
I always find your videos so informative and almost always at least 6 months to 1 year before the rest of the mainstream media begin to report it. The funniest thing of all is that you use only western media as your source. Knowledge is power, thank you.
If you REALLY watch Kevins reports you will see they often contain "mainstream reporting" from "1 year ago" which was simply ignored/ forgotten and not correlated with later data
FYI 100 Million 4680 cells would actually be enough for approximately 74,400 cybertrucks and while this is still early production it is better than portrayed
Hi Kevin I always enjoy your reports and agree with about 50% of most of your analyses. I think you might address the fact that EV markets, where they have been established for a while, are slowing down. In general this battery market is still on the up and up, but it will flatten out. What happens then? And don't these people know this? A lot of this European investment seems foolish. BTW I am being GOOD.
That's what happens with all markets once the market gets established. Introduction is where all the fast growth happens, but afterwards everything consolidates as the market becomes saturated.
See what happens when you offshore your manufacturing for the past 30 years? Ross Perot was right back in 1992 to say NAFTA would cause a giant sucking sound as engineering/manufacturing jobs left the US.
Even I know a company is gonna fail if the company founders travels by private jets before the company makes any money or sells anything. Investors given them $6 billions? Geez, introduce me to the investors please.
Manufacturing experts are frozen out of the decision process. Politicians, manipulators, money men, and lawyers make the decisions. Lawyers work by the principle “reality matters only in so far as it affects perception”. And most politicians are lawyers. Manipulators only care about perception.
In the early 2000s, the EU was looking at alternatives to fossil fuels. They bagan an ethanol program. But found they would be dependent on corn imports for distillation or on ethanol from Brazil. They opted for EVs. Now they are dependent on China, totally.
You know that the more information you share with us the more I am convinced that the West is just pissing in the wind about a lot of 'things we should be doing' to rejuvenate home grown and managed business. No real hope is there relative to just about anything about Electric Vehicles - that real auto users don't want anyway. Thanks for keeping me upset about my country.
5:05 My monitor is 32 inch (160Hz refresh rate at 4K), about 250 dollars on Amazon. 35 inch could cost lower than 200 depending on the specs, lower refresh rate and resolution cost less. Size can not full reflect the price. Professional one can cost 5 time more than.
Before you design a plant, the process to manufacturer the product has to be proven 110%. That's the easy part, from an engineering perspective. Either it works or it does not. Supply chain, distribution and signed contracts are the hard part. All of this requires a logistics approach, it's not complicated, but government bureaucracy's cannot do this...
Tesla's Nevada plant is in partnership with Panasonic not CATL. Tesla does have agreements with all the worlds battery makers. You are otherwise correct.
Battery tech is one of the few technologies China has a clear lead and will probably mean an advantage building anything that uses batteries. The US R&D is trying to catch up but hasn't produced results yet. I don't know what is going on in Europe, it seems like they don't do much sciences anymore, health and medicine is an exception Battery technology will continue to be a critical technology for possibly the next 100 years or until personal micro nuclear generators become practical producing more than enough energy constantly so storage is not required. The markets are still large enough for good businessmen and scientists can carve out competition against China.
Northvolt was founded by a bunch of hecks lol… I received their 1st fund-raising pitch a few years back, the only highlight in the pitch deck was that Europe needs an alternative from China and they are European 😂
Biggest problem the US would have is the dollar being thee most expensive currency in the world Imagine the US would have to buy raw materials from overseas markets to build a battery at home this will instantly cause said raw materials price yo jump by multiples
Elon’s Tesla will not likely ever be as cost effective as CATL. But Tesla is under political/financial pressure to develop battery production in a US factory. The government incentive is there and the incentive may become more extreme as trade with China is more heavily tariffed.
Slight conflation with Teska battery figures. Tesla was producing enough 4680 cells for 368 Cybertrucks/DAY with the first of its production lines. Tesla is building 1300 Cyberrucks/week ( 4 days' battery production). Tesla has other lines for both nearly ready to go but was waiting until the bugs in both the lines were resolved before scaling production . Elon Musk has been told many times that what he was trying to do would never work, or no one would want it, or it wouldn't be profitable. NVidia one of Tesla's major chip suppliers told him that no one could scale a neural network beyond 30,000 processors. Now it is. NASA told him that powered vertical landings of rockets wasn't economically feasible. Now it is. When the CEO of a established company with mature technology says that Musk doesn't know how to do things the way that they do, they may be right. Or he may know and also know a different way of doing it , one that was "just too hard" for others to try And he's probably tired of arguing, preferring to ignore the objections and concentrate on doing it well.
Question on the Zeng-Musk issue ... if Tesla is currently a large purchaser of CATL batteries, isn't it in Zeng's interest for Tesla to fail in making their own 4680 batteries?
They only case I can see natural gas vehicles is a bridge hybrid vehicle like Edison Motors is building. In these trucks the ICE engine is only used as on board charger or to absorb enery if you need braking and the battery is full. These truck are for niche market, Very heavy trucks where batteries only trucks won't work yet; dement trucks, off road lumber tucks (GVW 80 tons), snow plows, etc.
A lot of times Western European and American (not even solely but I would actually say all major countries this is true) failures seem to come as a consequence of pure arrogance. There is quite a lot that is infuriating when people responsible for a disaster somehow just aren't held accountable for the consequences. However, I really do think most of it is just sheer arrogance rather than purposeful malicious intent to harm others. I guess as a society we are going to have to figure out how to come up with a better way to not let the negative consequences of scientific advancement cause resentment within the general populace in different parts of the world. Science often involves a lot of trial and error, and to figure out what works you have to take the risk of failure to obtain the eventual victory that is the completion of a successful trial. This is sort of that element of God or nature that is completely unavoidable. Too many people treat science like it's some form of magic. It is not. It operates by the same principles of God as anything else on this planet. Upsides and downsides all sort of balance themselves out eventually, just not necessarily in a way that makes sense to individual humans. Especially if countries often treat less wealthy or just average citizens as useful guinea pigs and manipulate a system such that a lot of people involuntarily become the cult of science's unwitting human sacrifices. Proper science is supposed to inform people about the risks versus rewards aspect of things in a responsible way. Unfortunately, when business deals get involved a lot of time the ethics of the science element of things kind of seem forgotten or casually tossed aside... due to arrogance, greed, and lust for the thrill of accomplishment.
Simply the best educational and informative program about China that is on the internet.
@2cartalkers ... I agree, I've bell-subscribed the day I watched this channel for the first time and I've been watching all of Kevin's videos since then.
@@santsuma I second
Too bad that it's not well edited, and fact checked for its editorial content.
Best Economy Programme in UA-cam. Nobody even comes close. BE GOOD!
Absolutely the most detailed and researched presentations on China I have found anywhere. Much appreciate the objective fact based reporting. Excellent analysis.
100% agreed ,so much useful information.👋👋👋
Your shows are quite educational and informative. From Belgrade, Serbia
I love this channel. And I share it as often as I can
Totally agreed. Videos facture and informative. We are grateful
yes! Nice and short but packed with substance
@@rombios3056 Me too! Some Chinese YT videos are showing some of his clips.
Kevin’s channel is undoubtedly the best!
21,000 people… working on just R&D is mind boggling
that's why they're so far ahead, when you have an engineering army instead of an army...
That’s just for one company. China has a few companies in EV batteries.
China is far ahead now in the Quality/Price ratio for R&D. Because it's the connerstone of the Industrial Knowledge Economy they can deliver more projects On Time, On Budget and On Target than their competitors.
that's why they can upgrade what they have so fast. they can also beat you at the next big thing quicker.
Byd has 100000 engineers
The number of engineers in Europe is on decline, I used to work in a European engineering MNC for almost 2 decades , in the last 6-7 years lots of engineers in the HQ were hired from Asia replacing the Europeans . No engineers no industry !
Yeah you old fud dud. It's all about the brand and DEI nowadays. Actual engineering and making the stuff is so last year.
(Europe is stuffed)
Well the European are still struggling to figure out the difference between man and women. They still have a long way to go
We really look forward for these. It cuts through the media waste. Real information from you.
Not a word of this in the stenographer Australian MSM. Outstanding report. Thank you.
MERRY CHRISTMAS, Kevin! thank you for all of your great informative videos
I’m mesmerized by your presentation quality. Where are those whose job it is to figure this out in the first place? Thank you for shining a light on what is going on in the world.
Those people ARE "figuring it out", BUT, Those with the mandate of Governing "For The People" (AND "the best interests of the people") are instead "Persuaded" to Govern for the best interests of those with vested interests in the status quote AND the money to "persuade " them.... (Ironically, money made as PROFIT *FROM* current industries)
I just like to say thanks once in a while for your work on these episodes. I only wish more people understood...
You are the best!!!! Keep it up.
The UK has Empire Nostalgia. They do struggle with irrelevancy.
Look we can sing Rule Britannia and do Brexit far better than the Chinese can. Notice how he conveniently never mentions that in his reports.
It's all engineering this and making that stuff.
Hmmm.
Just sayin
Happy and safe holidays from Canada Kevin! Be Good.
The only and only channel I trust as a source for business trends, can't express my appreciation enough
Where are the Japanese? Toyota went off on the hydrogen trail and only recently resigned itself to follow the crowd in eV. Toyota is using BYD's hybrid system in liu of their own hybrid design that they have used for years. Chinese EV are selling well in Japan. Nissan is about to go under.
Japan focused too much on the US market which shunned EVs, ignoring the needs of the East and Global South.
Japanese are the best. China just copies Japanese EVs.
Nissan is to merge with Honda
@@pinotnoir3654
Japan "focused" all right. They Focused on "disposing of" the one guy who MIGHT have saved their car industry (Carlos)
Toyota, Honda and Japan as a whole have failed miserably for not adopting Nissan & Carlos Ghosn's lead in BEVs well over a decade ago. Today, China has surpassed Japan in every BEV metric. Too little, too late. Arrogance has its pitfalls.
It's always an eye-opening report. Thank you
21000 are likely all PhDs , that's likely more than number of US PhDs...lol
I once with my partners paid a visit to BYD HQ last year, the lady that greeted us and showed us a tour around, was a PhD also. :) And her job was to accompany people for a tour in HQ. Imagine that.
@@donkeykong516 phd army
Yep!
But they have 250'000 PHD's in Gender Studies...
They own 90% of the Global Market....😂😂😂😂
Thanks Kevin. Your reporting is truly valuable; a service to the World. Thanks for your hard work.
These failures on the part of "the west" and successes of "the east" are indicative of the inseparability of politics and economics. In the UK we had EV's in cmmerial use, primarily a ubiquitous "milk float" (some still doing milk rounds into the 1990's) but also a 'Bedford Elctric Van'.. The Bedford EV was used as a fleet vehicle by the Public Services Agency (PSA) a branch of UK Govt. and the Greater London Council (GLC)) built by Lucas Industries.using the Bedford CF (mfd by Vauxhall Motors) as base vehicle. The UK also had one of the leading producers of domestic Batteries (Mullard Electric Ltd) who produced the famous Duracell brand and of ocurse there were homegrown manufacturers of lead/acid batteries) In addition, there were developments and prototype ideas in the making up until ... wait for it ...
1979 and PM Margaret Thatcher. WTF??!!!!
The election of Margaret Thatcher and her Conservative Party in 1979 heralded the de-industriaisation of the UK. Her openly stated goals were to turn Britain into a 'service economy' and to demolish the power of British working class (i.e. the trade unions and organised labour). Those goals were political and compounded an already catastrophic decade, or so, of under-investment and bad management in UK industry.
The elephant in the room has not been dealt with to this day. This is the "short term 'profits before people & purpose' mindset". That mindset is compounded in the US by their simultaneously pathological reourse to war when their greed is not enough.
Neoliberalism, which basically is what you deride, was a geopolitical strategy to defeat the USSR. Giving up industry to China and other such countries got them on West's side, and it worked to discredit the Eastern Bloc's economic policies. After the USSR fell to neoliberalism, the policy was continued with the aim of taking over Russia itself, and eventually China too. But as we know, Putin put a stop to it, and the decision was eventually made to launch a war to depose him.
However, Putin continues to stand firm with China's backing (which the USSR lacked), so it might be the EU that ends up on the chopping block. That will also be the end of the neoliberal era. Unfortunately, the EU and its periphery will likely experience significant decline and hardship in the process.
Thank you very much Kevin🎉🎉🎉and happy new year
Another excellent video! Kevin, you look cold! Stay warm and have a nice Xmas with friends and family.
one of the best channels on these topics out there.
Thank you again Keven for giving us the actual facts. Stay safe and well sir, Merry Christmas!
Great analytical reports
best wishes for the holiday season from New Zealand 😎
Hello from another NZ'der❤ Merry Christmas
Kevin knows how to get to the point, explain how things and relationships work, provide data and references, and not waste our time. Thanks, Kevin.
The tortoise (China) and the hare (West) race analogy brings to mind. The West being arrogant that they can win over China anytime they want…in the end lost to China.
✅️💯
China’s future planning is very impressive. It took many well educated people to be as forward thinking as them.
It took a Government with SMART leaders who said "THIS is what, and HOW we are going to do things", THEN consistency with the only modifications to IMPROVE.
@@rogerstarkey5390yes❤
You're right ❤ @barryshaw5660
Elon - are you listening .. Kevin needs to be on the DOGE TEAM !!
Northvolt was heavily subsidized by the Swedish and German governments and other institutions (pension funds and they lost all that pension money they invested).
Yes, subsidizing is bad. Go figure :)
Then why are EU and USA bitching about Chinese subsidy, just let them be?
@@stvdmc2011
That was my question. In a funny way :)
Subsidizing is fine, but the money should already be set aside rather than pulled from stuff like pension funds.
Merry Christmas Kevin. Thanks for another great video.
It is a special gift for me when I wake up in the morning and find another article from you, Kevin!
Always informative and insightful. I really don’t know how you do it so consistently.
I used to travel around for the Canadian government to all of the prefectures of Japan in the 1980s arbitrating claims on wood products from Canadian manufacturers (often just mold and stain issues). So I have a feel for the adventure you are experiencing in China.
You are such a pioneer!
Northvolt was a Ponzi scheme. Canada also subsidized billions of dollars for a Northvolt EV battery plant in Quebec that was 1/4 built.
Hit 240k today Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September 2024..
I would really love to know how much work you did put in to get to this stage
I will be forever thankful to you, you changed my life I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver
THE UK's motto is "back to coal."
Funny... (haha.... see... I laughed)
But you should REALLY use the resources at your disposal before making "Smart" statements which Aren't "smart".
Just so happens I'm in London and I keep up with the UK progress on Renewables ....
It's 17:17 local time (GMT).
It's DARK (So no Solar) and 7 centigrade.
UK generation is currently running on about 14% Nuclear, 10.3% Fossil Fuel, *54% Wind* (Plus hydro/ Biomass/ etc)
As for "Coal".
That would be tricky, BECAUSE THE LAST COAL FIRED POWER STATION CLOSED IN SEPTEMBER.
(and we have a LOT more wind coming on line, with storage)
.
smh
Lol. ❤
UK generates ZERO from coal
2025 is going to be a very interesting year. The Chinese have been somewhat quiet for the ending of 2024. May we all live in interesting times. Thank you very much for the updates. No one is blinder than he who refuses to see. Keep the warnings coming hopefully the message will hit home before it is too late.
. . . also, just remember to keep the blinders on . . .
Sorry too late.
you are way too optimistic. Trump is now in charge!
@@seeker2118 I sense China force feeding Trump humble pie
@@seaskyguy
Not officially, until 20 January 2025.
He has very little control in relation to
POTUS Biden and Ukraine.
Very recently,
yet another long range missile attack,
"striking deep inside Russia"
Another excellent, to the point video. The only way forward here is collaboration and not tariffs and protectionism. One wonders when Elon is going to tell Trump that they need to work with and not against China (and for that matter Korea)? For the legacy auto industry it looks pretty simple-partner up with the best in the business or fail.
Elon is now wrong on at least two things with EVs. Batteries and FDS with no LiDAR...🤪
Yep!
Recently other companies have decided to drop LIDAR. Maybe they’re all wrong but it seems like if other manufacturers in the business who have been using LIDAR but have now dropped it then it seems to indicate that it is not needed.
@@juliahello6673 Everyone in China is using LiDAR for Level 4 and 5, except Tesla. Government is most likely going to mandate the technology since the cost is now negligible due to economies of scale.
I read somewhere that Earth cannot have to Chinas. If that is the case you better work with the one that already exists.
Thank you. Nice work!
Awesome research!
Is this the most censored platform of all of them? They actually stop people from making positive comments about other countries.
Utube policy - praise China, and you get shadow banned, deleted or likes removed.
From what I've observed, Musk very rarely gets involved in the actual engineering side of things, and when he does it tends to end up like the cybertruck. In fact I believe Tesla just let Musk have the cybertruck so that he wouldn't micromanage the rest of the business. It's the toy they give him as a distraction.
Thank you, Kevin!
BritishVolt is a typical UK project. All smoke and mirrors
And you are where?
Because I bet the UK is running on more renewable "projects" than your grid..... U less you're in the nordics
Go china my motherland, support china from uk here.
China with a capital C please...have a good Christmas and take care. ❤❤
Our power sports industry is in trouble, with Arctic cat going down etc ....hope we can start getting Chinese alternatives for a decent price, great content!
I was working at Northvolt in the north of Sweden. My last day of work was 28th of November. It’s so depressing 😢
So sorry to hear that. Hope you will find a better job soon.
Sorry to hear that too. Keep your chin up something good will come along stay strong and positive. ❤
am sorry. But, you contributed to atleast building something and hope, you will find a job soon and you will.
Once again ARROGANCE is leading the West…
Yep!
China’s has a very well educated population too be as advanced as they are now. They’ve come so far in such a short time.
Looking forward to project 2025?
Korea is little China. China is bigger Korea. Culturally we are the closest.
In my 35 year career in high tech, I had several interactions with European companies on various technologies. European engineers are arrogant and complacent. Their executives are great talkers. In physical-science-related technologies, they are great in making promises and getting funding and never really deliver in quality or quantity. They might have some holdings in very small niche markets which Asian companies find too small to be bothered with.
Spot on.
I always felt Northvolt should have been working on grid batteries not EVs. At least they would had chance working on flow batteries or some other cheap low density battery tech that they would not start a decade or two behind the competition.
Thanks, Kev!
Great as always
Thank you for this information.
Distraction is the greatest killer of success, someone said. And we have a LOT of distractions right now in the west. I won't name them, we all know them.
CATL now can buy some factories in Sweden with defective machinery for very little. They can put in better machinery of there own. But the major problem stay's the same.
Now skilled an motivated labor available, that's the problem in Europa and the USA.
Be good and nice holidays Kevin!!!
well what was the root of all this offshoring to begin with? Wasn't it greed, short-sightedness resulting from a complete indifference to patriotism? It's not only manufacturing but also resources are commonly off-shored ever since somewhere in the early 2000s. It's no secret that most software companies in the US, for example, have an army of people in India, for example. It is presented as this cost savings and productivity boost - while one group sleeps the other works. But of course nothing could be further from the truth. Only the cost savings are true, at least in the short-term. Everything else is a weak gimmick at best. It's still the same people doing the same amount of work but on different timezones with language and other barriers between them. This can only hurt efficiency and quality, not to mention workers' stress levels, as compared to when the entire team is on the same timezone and speaks the same native language, etc. etc. But nobody knows how to reverse this situation, nor probably wants to. The cost savings, which are probably significant due to lower wages and benefit costs, is always the top criteria, because who are the top stake holders that must be pleased - the shareholders! Everything else is too long-term to think about. Whereas countries like China and Russia do make their strategies more long-term, because they have patriotic agendas. That's how sovereignty helps and globalism hurts. To counter balance this, the US tries to go to war with others' sovereignty to compensate for the loss of their own, instead of focusing on bringing it back. Globalism must either be subjugated or it will suffocate and kill you.
Best reporting on Chinese business on the entire internet.
I always find your videos so informative and almost always at least 6 months to 1 year before the rest of the mainstream media begin to report it. The funniest thing of all is that you use only western media as your source. Knowledge is power, thank you.
If you REALLY watch Kevins reports you will see they often contain "mainstream reporting" from "1 year ago" which was simply ignored/ forgotten and not correlated with later data
Europe is more worried about the gender or color of skin of their workers
❤👍👍👍👍👍😍🙏🔥👏❤️. Kevin, as always, the program is interesting and thought provoking!. BTW, why your program does not come with “thanks” button?
From Seattle. Like they say, jolly good show! 👍👍👍👍👍
Thank you Just remember that excellent work must be punished. God bless you ❤
Remember,,keep the Vitamin D up ...over fifty,,,pump up the Vit D...
Most Illuminating!
Very well explained 🎉🎉🎉
FYI 100 Million 4680 cells would actually be enough for approximately 74,400 cybertrucks and while this is still early production it is better than portrayed
Hi Kevin I always enjoy your reports and agree with about 50% of most of your analyses. I think you might address the fact that EV markets, where they have been established for a while, are slowing down. In general this battery market is still on the up and up, but it will flatten out. What happens then? And don't these people know this? A lot of this European investment seems foolish. BTW I am being GOOD.
That's what happens with all markets once the market gets established. Introduction is where all the fast growth happens, but afterwards everything consolidates as the market becomes saturated.
See what happens when you offshore your manufacturing for the past 30 years? Ross Perot was right back in 1992 to say NAFTA would cause a giant sucking sound as engineering/manufacturing jobs left the US.
Even I know a company is gonna fail if the company founders travels by private jets before the company makes any money or sells anything. Investors given them $6 billions? Geez, introduce me to the investors please.
It was reported just the other day about a EV battery in Canada that can function over 8 million km.
specify
So what, stories pop up here and there every month. Most are in the lab phase, none will be commercialize in years. Bunch of PR looking for funding.
Manufacturing experts are frozen out of the decision process. Politicians, manipulators, money men, and lawyers make the decisions. Lawyers work by the principle “reality matters only in so far as it affects perception”. And most politicians are lawyers. Manipulators only care about perception.
Eliminate batteries and put in a rotational electric service,like the old motorcycles had. Condenser, spark plug, magnet.
A hundred million cells would be enough for 77,000 Cybertrucks
In the early 2000s, the EU was looking at alternatives to fossil fuels. They bagan an ethanol program. But found they would be dependent on corn imports for distillation or on ethanol from Brazil. They opted for EVs. Now they are dependent on China, totally.
You know that the more information you share with us the more I am convinced that the West is just pissing in the wind about a lot of 'things we should be doing' to rejuvenate home grown and managed business. No real hope is there relative to just about anything about Electric Vehicles - that real auto users don't want anyway. Thanks for keeping me upset about my country.
5:05 My monitor is 32 inch (160Hz refresh rate at 4K), about 250 dollars on Amazon. 35 inch could cost lower than 200 depending on the specs, lower refresh rate and resolution cost less. Size can not full reflect the price. Professional one can cost 5 time more than.
We are living in interesting time
Very interesting and dangerous. Stay awake people ❤
Before you design a plant, the process to manufacturer the product has to be proven 110%. That's the easy part, from an engineering perspective. Either it works or it does not. Supply chain, distribution and signed contracts are the hard part. All of this requires a logistics approach, it's not complicated, but government bureaucracy's cannot do this...
We need all this money to defeat our enemies. We taxpayers keep falling for it so they keep milking us with these scams.
Fair and unbiased vlog.
Will Elon musk adopt c a t l battery swap technology on the Tesla vehicles?
Tesla's Nevada plant is in partnership with Panasonic not CATL. Tesla does have agreements with all the worlds battery makers. You are otherwise correct.
Battery tech is one of the few technologies China has a clear lead and will probably mean an advantage building anything that uses batteries. The US R&D is trying to catch up but hasn't produced results yet. I don't know what is going on in Europe, it seems like they don't do much sciences anymore, health and medicine is an exception
Battery technology will continue to be a critical technology for possibly the next 100 years or until personal micro nuclear generators become practical producing more than enough energy constantly so storage is not required.
The markets are still large enough for good businessmen and scientists can carve out competition against China.
Northvolt was founded by a bunch of hecks lol… I received their 1st fund-raising pitch a few years back, the only highlight in the pitch deck was that Europe needs an alternative from China and they are European 😂
Biggest problem the US would have is the dollar being thee most expensive currency in the world
Imagine the US would have to buy raw materials from overseas markets to build a battery at home this will instantly cause said raw materials price yo jump by multiples
thanks !
Elon’s Tesla will not likely ever be as cost effective as CATL. But Tesla is under political/financial pressure to develop battery production in a US factory. The government incentive is there and the incentive may become more extreme as trade with China is more heavily tariffed.
Slight conflation with Teska battery figures. Tesla was producing enough 4680 cells for 368 Cybertrucks/DAY with the first of its production lines.
Tesla is building 1300 Cyberrucks/week ( 4 days' battery production). Tesla has other lines for both nearly ready to go but was waiting until the bugs in both the lines were resolved before scaling production .
Elon Musk has been told many times that what he was trying to do would never work, or no one would want it, or it wouldn't be profitable.
NVidia one of Tesla's major chip suppliers told him that no one could scale a neural network beyond 30,000 processors. Now it is. NASA told him that powered vertical landings of rockets wasn't economically feasible. Now it is.
When the CEO of a established company with mature technology says that Musk doesn't know how to do things the way that they do, they may be right. Or he may know and also know a different way of doing it , one that was "just too hard" for others to try
And he's probably tired of arguing, preferring to ignore the objections and concentrate on doing it well.
Call it 'a lovers spat'...
Question on the Zeng-Musk issue ... if Tesla is currently a large purchaser of CATL batteries, isn't it in Zeng's interest for Tesla to fail in making their own 4680 batteries?
That's the beauty of the Chinese way: win-win, not winner takes all.
Where did he say he wished Tesla would fail?
He was warning that HIS knowledge AND the knowledge of his research team suggested they MIGHT
its seems that common sense has been replaced by image and stupidity gee it sounds like a hollywood b movie
Hi Kevin, would love you to do a video on nearlink
EV and soon to be natural gas powered vehicles in N.A. are game changers!
Natural gas vehicles have been around for decades and shrinking
They only case I can see natural gas vehicles is a bridge hybrid vehicle like Edison Motors is building. In these trucks the ICE engine is only used as on board charger or to absorb enery if you need braking and the battery is full. These truck are for niche market, Very heavy trucks where batteries only trucks won't work yet; dement trucks, off road lumber tucks (GVW 80 tons), snow plows, etc.
the taxis in Egypt are mostly gas powered.
Natural gas is a hydrocarbon with a Horrible Carbon footprint
More than 90% of taxis in Japan are powered by LPG.
Really, you have to make sure we can all see how you trash talk Tesla just outside their dealership.
Jai Hind. We have reshored Feradium batteries to India.
We will see some vehicle manufactures go bankrupt within the next 10-years. A big change is happening.
A lot of times Western European and American (not even solely but I would actually say all major countries this is true) failures seem to come as a consequence of pure arrogance. There is quite a lot that is infuriating when people responsible for a disaster somehow just aren't held accountable for the consequences. However, I really do think most of it is just sheer arrogance rather than purposeful malicious intent to harm others. I guess as a society we are going to have to figure out how to come up with a better way to not let the negative consequences of scientific advancement cause resentment within the general populace in different parts of the world. Science often involves a lot of trial and error, and to figure out what works you have to take the risk of failure to obtain the eventual victory that is the completion of a successful trial. This is sort of that element of God or nature that is completely unavoidable. Too many people treat science like it's some form of magic. It is not. It operates by the same principles of God as anything else on this planet. Upsides and downsides all sort of balance themselves out eventually, just not necessarily in a way that makes sense to individual humans. Especially if countries often treat less wealthy or just average citizens as useful guinea pigs and manipulate a system such that a lot of people involuntarily become the cult of science's unwitting human sacrifices. Proper science is supposed to inform people about the risks versus rewards aspect of things in a responsible way. Unfortunately, when business deals get involved a lot of time the ethics of the science element of things kind of seem forgotten or casually tossed aside... due to arrogance, greed, and lust for the thrill of accomplishment.