Chinese EV Makers are "BLEEDING OUT" And Losing Billions!

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  • Опубліковано 1 жов 2024
  • Chinese EV Makers are "BLEEDING OUT" And Losing Billions! Chinese EV industry may have hit the economy of scale long ago but despite the millions of electric cars on the streets, its EV makers are still losing huge money. The Chinese EV market is facing a massive crisis. Once considered unstoppable, these EV makers are now fighting for survival as losses pile up. What’s happening in the Chinese EV market that’s causing such a dramatic downfall?
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КОМЕНТАРІ • 113

  • @the_best_car_content
    @the_best_car_content  9 днів тому +7

    🔴Should Chinese EVs be completely BANNED in US?🤔
    🏆EV Owners had enough - EV fire incidents skyrocket WATCH HERE 👉 ua-cam.com/video/nl3yYcLMR3g/v-deo.html

    • @kennethoram4292
      @kennethoram4292 7 днів тому +1

      As a fire hazard on wheels, all EV's should be banned in the US.

    • @markvincent5992
      @markvincent5992 7 днів тому

      YES! No discussion.

  • @shanemallinson7644
    @shanemallinson7644 8 днів тому +20

    One thing this video did not mention is 80%+ people would not buy one

  • @redst9364
    @redst9364 9 днів тому +23

    That's why there trying to sell there crap in the US

    • @lobsterbisque7567
      @lobsterbisque7567 8 днів тому

      Agreed! But none of them wouldn't last even if they did manage to. The standard in the U.S. & Foreign markets(Aus, NZ, & EU) are too high for them to turn a consistent profit. Which explains for the most part why they gave up developing any ICE cars for any widespread foreign markets. Now that the word is out about how the battery packs in chinese EVs can randomly go into thermal runaway just by sitting there, no one in their right mind in any country would want to own a hazard like a chinese EV. Despite all the instances of thermal runaway domestically in china, they would've never issue any kind of recall, until it happened in Aus., suddenly it was time to for them panic & respond. SerpentZA just posted a video about this recently.

    • @carmelonold1090
      @carmelonold1090 7 днів тому

      Cause woke agenda has imposed them.

    • @danielzhao5471
      @danielzhao5471 6 днів тому

      @@lobsterbisque7567If the Chinese EVs are so crappy then why the US and EU have to impose high tariffs to keep them out?

    • @logotrikes
      @logotrikes 4 дні тому

      ​@@danielzhao5471Presumably because they're attractively cheap enough for a US consumer to temporarily ditch his patriotism because money.
      I think this is why the US has a 100% tariff on Chinese ev's to stimulate local production and American jobs..
      Dunno, I'm just a dumbo in Australia with a new ICE Chinese made Volvo, no ev for me anytime soon...

    • @anonymous05067
      @anonymous05067 4 дні тому

      @@danielzhao5471 because they are crap, they are cheap. A lot of people want cheap stuff. With cheap car in the street, it will be dangerous on the roads. Think about a Chinese car in front of you stop all of sudden. Don't you think it affect you as well? Moreover, it is not even a fair competition. Chinese car manufacturers are subsidized by their government. The tariff was imposed to protect the companies from their countries.

  • @bobjohnston5527
    @bobjohnston5527 9 днів тому +22

    They have three fields full of new EV that no one wants

    • @lobsterbisque7567
      @lobsterbisque7567 8 днів тому +4

      FACTS!

    • @bobjohnston5527
      @bobjohnston5527 2 дні тому

      @lobsterbisque7567 many videos on it

    • @David-fj5lz
      @David-fj5lz 2 дні тому +2

      Just one igniting will cause a disaster to the environment

    • @lobsterbisque7567
      @lobsterbisque7567 День тому

      @@bobjohnston5527 Yup! I've seen those vids too. It's insane how many resources they are willing to waste just for immediate profit

  • @sharonburmeister4149
    @sharonburmeister4149 8 днів тому +6

    Is Biden an economic genius? What about Harris? Think before you vote.

  • @kenjohnson8510
    @kenjohnson8510 9 днів тому +10

    In the early part of the 20th century, there were over 200 car manufacturers in the USA. We ended up with 3. China is going the same way.

    • @davidwestwater2219
      @davidwestwater2219 8 днів тому +2

      Except people wanted gasoline engines, they don't want electric vehicles, they're a pain

  • @juliametcalf2660
    @juliametcalf2660 8 днів тому +5

    Why don't you just say NO ONE wants a environmentally dangerous, long charging, road & parking garage hazardous, short ranging, limited driving, & deadly fire starting idiot idea for transportation?

    • @Tyreman22
      @Tyreman22 4 дні тому +1

      Between 2022-2023 239 EVs caught fire, Same period 100,000 ice cars caught fire in the UK. Facts are facts.

    • @juliametcalf2660
      @juliametcalf2660 4 дні тому

      @@Tyreman22 and the quality of water & the lasting nature of the toxic run off ....toxins destroying the environment is the result of cobalt & lithium mining ....facts are facts

  • @danieldankenbring6522
    @danieldankenbring6522 9 днів тому +10

    Get back to natural aspirated engines and get rid of cvt transmissions

    • @RacerX1971
      @RacerX1971 9 днів тому +2

      Not all cvt transmissions are bad but anything built by Jatco transmission are the worse.

    • @Ronick-Q-46
      @Ronick-Q-46 9 днів тому +2

      @@RacerX1971 I have a Nissan, but I wouldn't touch there 🤬Jatco transmission or any cvt come to that.

    • @santaclaus946
      @santaclaus946 8 днів тому +2

      @@Ronick-Q-46 wise

    • @lobsterbisque7567
      @lobsterbisque7567 8 днів тому

      @danieldankenbring6522 AMEN to that!! Keep things simple! I'm so lucky that 2 of my 3 old toyotas I own are equipped with M/T's. And the 1 A/T that I have is a basic, old skool 4spd that still shifts buttery smooth even after 245k mi. on the clock. I'm not getting a rid of any of them! I love them each too much to part with them!

  • @aradesh1134
    @aradesh1134 8 днів тому +6

    I'm sure all those videos of EV fires in China were a great boost to sales. /s

    • @tzefoong7472
      @tzefoong7472 8 днів тому

      I have yet to see or hear of ev fires on the roads in china. I only see them on UA-cam. I wonder if some yt channels are promoting lies. I know for a fact there are thousands of ICE cars that burn on the road in the USA

  • @FPV_Luke
    @FPV_Luke 8 днів тому +8

    This is why I bought a brand new VW Golf 8 with 1.5 eTSI petrol engine, DSG gearbox

    • @Ivebeenhad
      @Ivebeenhad 7 днів тому +2

      Yep. Brand New Mazda 2.5 turbo here.

  • @Audiodreamer192-24
    @Audiodreamer192-24 8 днів тому +5

    Wasted investment, ev’s are garbage

  • @spice3767
    @spice3767 8 днів тому +3

    Just announced eu sales of EV’s has dropped----44%…..🤣🤣🤣

  • @878Docto
    @878Docto 8 днів тому +4

    How much does it cost to make an EV and why do they lose money on each one sold.

  • @878Docto
    @878Docto 8 днів тому +3

    Wouldn't you be a little nervous about driving a BYD?

    • @genekelly8467
      @genekelly8467 8 днів тому +1

      BYD=Bury Your Dollars; with a name like that who could go wrong?

  • @covidsnotrag3973
    @covidsnotrag3973 9 днів тому +15

    Electric cars are shit.

    • @Waters-fo6rn
      @Waters-fo6rn 4 дні тому

      Same as Apple products, overpriced shit suitable only for US consumers
      Most people can well do without Google or Apple products..... let's not forget Appl iPhone are made inI China
      Manufacturing in most Western countries simply have no capacity to manufacture or be competetive in price

    • @Tyreman22
      @Tyreman22 4 дні тому

      Ever driven one?

  • @D.N.A.23
    @D.N.A.23 8 днів тому +3

    EV's dont sell 😂😂

    • @dellythezar8047
      @dellythezar8047 3 дні тому

      If you dont buy one , does not mean the whole world doesnt , - Chinese EV car are selling very well in my country , more and more people them bought them , - American speak the same thing about Japanese car in 1970s , nothing accountable about American words, bad mouthing other wont make peplle look awesome neither will have better future , i admire the Chinese alot ,they speak 10 meter per day but working 100 km per hour they are truly amazing people and deserve to be respected - America spend 1,6 billions for anti China propagandas ,instead solving the homeless American with those amount of money , its truly staggering,, - i am waiting American best product ,

  • @dennisjohnston3180
    @dennisjohnston3180 8 днів тому +5

    China powered by coal, EV car`s are really coal powered cars, so what`s the point. US 80 percent electricity produced by fossil fuels, what`s the point for EV cars powered by fossil fuels ????? Must be another reason, do you think.

  • @878Docto
    @878Docto 8 днів тому +9

    I would not let them sell cars in the US until they meet our quality controls.

    • @denise8242
      @denise8242 8 днів тому +1

      That will never happen.

    • @naga2015kk
      @naga2015kk 8 днів тому +4

      THE reason why US tariff them is US can't compete with them at all.
      Consumers will decide if the quality is up to par.

    • @bigmedge
      @bigmedge 7 днів тому +1

      @@naga2015kkno, engineers determine the level of a car’s quality . And so far, with the exception of BYD, Chinese ev makers have failed miserably

    • @jeanschaeffer4225
      @jeanschaeffer4225 7 днів тому +1

      IN
      THE.......80 ties....
      ...THE
      SAME ...STORIES WERE TOLD ABOUT
      THE..JAPANESE...PRODUCTS&CARS
      ....AND WHAT ABOUT....
      JAPANESE CARS & PRODUCTS...
      TODAY....
      NO....NO...NOTHING TO COMMENT..
      ...YES....
      ...NO....
      GREETINGS FROM 4785,000,000
      ASIANS...

    • @Toubabou
      @Toubabou 6 днів тому +3

      😂😂😂 there is no standards in the US, manufacturers follow best in class EU standards to sell cars outside the US. Let to their own device, every car would be as rubbish as the cyber truck

  • @Germany._.Kit77
    @Germany._.Kit77 9 днів тому +3

    Means to say marketing managers failed to do the job 😢

  • @erocoptics5642
    @erocoptics5642 8 днів тому +4

    Poorly made absolutely no parts support can't get them repaired.
    Minor accident or it breaks down your screwed

  • @loveand166
    @loveand166 6 днів тому +1

    There's 284,130 gasoline cars catch fire every year

  • @Felipe-n3j
    @Felipe-n3j 4 дні тому +1

    Yeah…Yur just never stop daydreaming…hmmm so pity.

  • @nyxline
    @nyxline 7 днів тому +1

    EV and Pagers For Hez Ebola, 🔥🔥🔥

  • @lifefun1987
    @lifefun1987 8 днів тому +1

    industry consolidation. typical mba knowledge.

  • @edwarddelacruz5893
    @edwarddelacruz5893 8 днів тому +1

    Probably will last only in 10 yrs.

  • @mikej282
    @mikej282 6 днів тому +1

    Why the push? Don't
    Want them!

  • @Ivebeenhad
    @Ivebeenhad 7 днів тому +1

    I live in an Oregon town of 9000, and only know of 2 EVs in town.

    • @sparkydog2
      @sparkydog2 7 днів тому

      Ich lebe hier in einer Stadt in Österreich mit 220.000 Einwohnern und bei uns gibt es tausende Elektroautos, aber es sind alle Firmenautos, da sie steuerlich gefördert werden. Private kaufen sich auch keine Elektroautos. Bei uns in Europa ist der Strom viel zu teuer. Die EU stellt alles auf Grünen Strom um, also Strom aus Wasserkraft oder Photovoltaik. Der kostet extrem viel Geld. Elektroautos sind in der Anschaffung viel teurer als Verbrenner und kosten dann im Betrieb nochmals mehr als die derzeitigen Autos.
      Wer sich bei uns privat ein Elektroauto kauft, muß dafür viel mehr bezahlen als für einen Verbrenner. Na und die EU wundert sich, warum die Umstellung auf Elektroautos nicht schneller geht. Jetzt versuchen sie es mit einem Verbot. Ab 2035 sollen keine neuen Verbrenner mehr zugelassen werden dürfen.........Methoden wie in China.....

  • @ASmithee67
    @ASmithee67 3 дні тому

    I'm surprised with all the EV fires the lawyers haven't chimed in with class action lawsuits, or lawsuits for an EV in a highrise buildings with an underground parking lot. That would be $50M and up. A half dozen lawsuits would bankrupt BYD or Tesla.

  • @jeanschaeffer4225
    @jeanschaeffer4225 7 днів тому

    ......COMMENTATOR...
    YOU
    ARE TELLING .....STORIES.....
    ....E.V....IN ASIA...ARE SELLING WELL
    .....
    GREETINGS FROM 4785,000,000 ASIANS

  • @paulmiller6245
    @paulmiller6245 8 днів тому +1

    so who fix them 10 years from now

  • @marianbiznesu1899
    @marianbiznesu1899 7 днів тому

    BYD makes profit. Another 2-3 companies from CHRL are gaining market share. EV tech is getting better rapidly. Environmental law is getting tough for ICE. Battle will last next 5 years, but the outcome is known: EV are rising, ICE in decline.

  • @ASmithee67
    @ASmithee67 3 дні тому

    Manager to CEO: Sir, we're losing a fortune on every unit.
    CEO to Manager: Don't worry, we'll make it up on volume.

  • @Xibao88890
    @Xibao88890 6 днів тому

    USA has already pretty much outlawed Chinese brand EV imports. They won’t be coming to USA any time soon.

  • @Frank-sr1dz
    @Frank-sr1dz 8 днів тому +1

    👁️👁️🔥🔥🔥🔥🔥🔥✌️

  • @Sacto1654
    @Sacto1654 8 днів тому

    I think China will end up only supporting BYD, SAIC, Geely Group and a few others. That way, the remaining companies can get enough money to actually do the R&D for better battery designs and make their vehicles meet all current international safety standards.

  • @Jay-j6m2l
    @Jay-j6m2l 4 дні тому

    The cost of batteries keeps these vehicles from being practical. That and long charge times.

  • @carmelonold1090
    @carmelonold1090 7 днів тому

    We are to see ev sellings at half price and still they will hard to sell.
    How wants to drive a moving deflagration bomb.

  • @kenknight6201
    @kenknight6201 17 годин тому

    That's not how you pronounce particularly.

  • @carlosramirez4724
    @carlosramirez4724 6 днів тому

    They tried to corner the mkt but not enough demand and its expensive to build them.

  • @ishakshamsudin8585
    @ishakshamsudin8585 4 дні тому

    Even a cell phone company manufacture ev.What a mess.

  • @Go_for_it652
    @Go_for_it652 7 днів тому

    Does any one know the percentage of export sales to remain in production ?

  • @Buran01
    @Buran01 5 днів тому

    Sales of cars in China are 28 million a years, not 20 as in the video.

  • @OnlyAllah.563
    @OnlyAllah.563 8 днів тому

    And government is saved much higher amount to cut oil import

  • @mikemann1638
    @mikemann1638 8 днів тому

    Make that ev solar powered and you got my attention

  • @ZxLayER
    @ZxLayER 5 днів тому

    Anything to do with CCP , I’m not touching.

  • @markvincent5992
    @markvincent5992 7 днів тому

    Reasons 1-6 THEY SUCK!

  • @michaelsheen4760
    @michaelsheen4760 7 днів тому

    I'd like to believe this....

  • @sharonburmeister4149
    @sharonburmeister4149 8 днів тому

    The USA auto market experienced the same problem in the early 20th century and prospered amazingly. Unfortunately China is still in the EV drivers seat.

  • @williamweddernurn1829
    @williamweddernurn1829 7 днів тому

    Shut your lies

  • @captainkirk8999
    @captainkirk8999 8 днів тому

    Bullshit!

  • @keithharley9729
    @keithharley9729 5 днів тому

    Good!

  • @RobertWeigelt-df6lb
    @RobertWeigelt-df6lb 8 днів тому

    😊

  • @santaclaus946
    @santaclaus946 8 днів тому

    Noooooooooo, we can't bleed out, not when we planed to dominate the market and cash in big time...

  • @davidchin35
    @davidchin35 8 днів тому

    Non Chinese EV makers are all making a lot of money?

    • @owendavis249
      @owendavis249 8 днів тому

      ?

    • @davidchin35
      @davidchin35 8 днів тому

      @@owendavis249
      If only Chinese EV makers are bleeding out, only Chinese ? Or other EV makers sucking blood ? Or making a lot of money?

  • @joaquimbelbut4829
    @joaquimbelbut4829 8 днів тому +1

    American dream ... came to REALITY.

  • @Maria-g9u6v
    @Maria-g9u6v 7 днів тому

    Solution: boycott ev and ban import if death trap vehicles👹☠️☠️🤬

  • @MrRawzy
    @MrRawzy 8 днів тому

    Im flat out calling you a liar

    • @spice3767
      @spice3767 8 днів тому

      Motor finance online one states “BYD’s Q1 EV sales drop 43%”…….the on,y ones telling lies are those who push this ridiculous agenda …!

  • @matmatsuzaki2619
    @matmatsuzaki2619 8 днів тому +1

    not 1 thing did china do right LOL

  • @charlespiper9291
    @charlespiper9291 9 днів тому +2

    Joes boss in china is keeping the green deal going and helping the planet

    • @lobsterbisque7567
      @lobsterbisque7567 8 днів тому +1

      Exactly!! All the toxic smoke spewing out from battery packs that are in thermal runaway will restore the atmosphere, & clean the are in NO TIME😆😆😆😆

    • @iancheng6527
      @iancheng6527 8 днів тому

      Lol

    • @paulmiller6245
      @paulmiller6245 8 днів тому

      that is why he put the tarif on the cars