I'm a retired electrical engineer. The CEO's of legacy companies, many whom are grossly overpaid, just worry about maximizing their bonuses for company profit and stock price. True engineering just doesn't provide a quarter to quarter profit boost. It requires a longer time frame to reap the rewards of engineering for low cost manufacturing. I'm not here to say communist (socialist?) countries will always have an advantage here. But I will state that the quarter-to-quarter profit model is in need of serious tweaking. That's just a plain fact.
Exactly. Your CV gets you through the door. BUT When the (veiled) question of "What are your intentions" is posed, an answer of "We innovate or die... It's going to be expensive" probably won't get you the job? . Unfortunately, the same applies in Politics, where an young idealist with Integrity is going to be asked "do your aims align with o those of "The party"?" An answer of "I want to reform the voting structure and campaign financing" will probably be met with " Thanks for your time, don't let the door hit you on the way out". . BUT, It doesn't have to be "socialism* to find a solution. The need is for a long term bi-partisan *PLAN* That is of course a problem with the current trend towards "Other guy bad" 4-5 year term "Ping Pong Politics" and a population of voters "not trending towards critical thinking"
Socialism with central competent government is the answer. Liberal democracy and capitalism have outlived it's usefulness for large scale future planning needs
I am a marketing director at a ecommerce tech company in Türkiye and I am fascinated by Kevins work. Watch all of his content to learn different business aspects. Supply chains, business logic and manifacturing. It is like a lecture in each video. Sorry not sorry for westerners who has been sitting on the tech and branding treasury for decades provided by their predecessors. Chinese worked hard and taking over the industries kept by soft western generation. World revolves around those who are working hard.
My first S Class Mercedes was a 1989. My last was a 2012. In that time almost every model was worse than the last for quality [the 1994 probably bing the BEST]. They changed from quality engineering to cheap electronic toys that very quickly stopped working. I literally gave away my last car, after 3 years of not using it so much didn't work it was not economical for me to repair it all. they poured their reputation for engineering excellence down the toilet.
@@michaele4830 TBH the US usually steals the idea or the US govt funds the research/ US businesses almost never come up with a good idea. But they are good at commercialising other peoples ideas - or they are when there is no competition
While Japan used to be at the forefront of technology, they have rested on their laurels these past one or two decades. Even the South Koreans have made more progress. The same hunger for innovation just isn't there anymore. Like veryone else, they didn't take the Chinese seriously. Jealous people in the west still can't bring themselves to actually see how good Chinese products can be, and instead just rubbish them. That's their loss and to their country's detriment.
The same phenomenon happened to the Piano market in the past 10~15 years. The impact was not as visible since the Western market was already saturated. But the pain is there.
I think that the Chinese attitude to the South China Sea and to Taiwan, not mentioned here, causes the West to not wish China any success. I still have Australian lithium mining shares despite the drop be cause of trade deals with China.
I purchased a Chinese vehicle in Costa Rica, we test drove a dozen different types of vehicles from different auto manufacturers. Pay attention folks, the Chinese vehicles offered way more for less. Way more safety features, way more luxuries, and a way better warranty. Toyota offered 2 year warranty 20, 000 klm, Ford was 3 year warranty 36,000 klm while the Chinese manufacturers were 5 or 10 year with 200,000 klm. The dash screen 15.6 inches, with voice recognition for everything. I'm hot? It turns on the AC. Please roll down the window, it rolls down the window. The amount of safety features are unreal and at first overwhelming. Rear crash avoidance!
Our big auto companies have used our political system to protect themselves from innovation. They prioritized short term profits and killed the electric cars at the behest of big oil. It is not the fault of China that we have fallen behind. They invested, while we protected, our entrenched interests, and we continue to do so. The recent enthusiasm for electric cars is beginning to fade as commercial and political propaganda have unleashed a flood of fear, uncertainty, and disinformation. Our strength has become our weakness.
They are not killed electric cars they just made exactly the same mistakes with any car , they want to sell overprized cars with lots of built-in cost that the wast majority of people can't afford anymore....
I'm in my 70's now, and I have a perfect memory of the 'Standard' or standardised method that I was taught in my apprenticeship during the 60's, and I remember the day standardisation started to be phased out, not completely but enough. I am now witnessing the return and it's the Chinese who are the future of everything. The west is the boiling frog.
@@UpsideDown-e2d China mandates standardization of a LOT of things, moreso than America. They understand that standards benefit the consumer by preventing lock-in and delaying obsolescence, while enabling large scale production. China has ONE EV charging standard, not 2 or 3 like in America. Every Chinese EV is guaranteed plug-and-play with the public EV charging system.
@@rogerstarkey5390there would be no tesla without china. If you don't understand that, you will never understand anything. And definitely not this channel. Are you new her?
@@ZweiZwolf what a load of bollocks! Obsolescence is China's mantra in most other domestic products. The bulk of Chinese product that line the shelves in department stores is staggering and obsolete in a very short time.
The arrogance is all on you. Americans are so self-important that they don't believe anyone can match them. No matter what evidence is provided to show that the combined BRICS economies are larger than the G7, they'll argue that the data point is not important. When you show them direct comparisons between Patriot and S400 missile systems done by Americans, they'll call them Putin boot-lickers. When they post silly articles about how well the US economy is doing, they've only read the headline and not the content of the article that doesn't come close to justifying the headline. Americans are so arrogant that they are going to pretend that their vote matters as a new genocide supporter is elevated to the Presidency.
As an automotive engineer I have done many drivetests with several early Chinese brands in Europe & S-America. Then still with a petrol engine. What I will never forget is how keen the Chinese engineers were to learn. And every tiny detail would be noted down diligently. They were already catching up fast back then. And if they didn't have certain knowledge they would hire a Western company, learn from them, copy them and by now sometimes improve on them.
@wesdoobner7521 Not really until now. And that's a pity. A year after finishing the Borgward project I stopped doing drive tests. Got tired of travelling so much, the jetlags, long days and risk. The Borgward was slapped together with Chinese and western parts. I think the engine was a licensed Mitsubishi. They hired a team of core engineers from the Stuttgart area brands though. Half of them worked in Germany, the other half in China. These engineers did a magnificent job, but unfortunately management in China wasn't ready. When they got a bit of headwind the whole project was cancelled. We Westeners, even me from a Tier 2 supplier, basically got direct access to their CEO. They really looked up to us I think.
In Henry Ford's time, Americans were already looking to China as the next great thing. Had communism not taken over, China would have remained a close ally of the USA and their economy would have gone meteoric one or two decades earlier.
What most people don't realise is the Kodak issue went WAY beyond "Cameras" The tech they "disregarded" was the CCD (Charge Coupled device) which converted light into an analogue(!) electrical signal, which could then be digitised. That's in everything from Smartphones to Photocopiers, to Supermarket scanners, to Military assets.
@@davidebic Man I don't know what Nokia could have been with Android OS.. Stephen Elop and the hasty move to crappy Windows Mobile really destroyed them eventually. I mean Samsung and some others did well with Android.
@@walther2492 friend, when western businessmen were bandying around with the term "subsidy", Chinese government officials were scratching their heads wondering what is "subsidy". It took them sometime to find out the meaning of the term. Subsidy was introduced by western governments and it took Asians some time to figure out what it is all about. Yes, western governments used "subsidy" to help their own businessmen to loot their own citizens 9:05 .
That is because nobody knows history. The label "made in" was imposed by the brits so that people would know that the knives and other steel appliances were Made in Germany (meaning were are not as good as the steel made in Great Britain). Absolutely nothing new under the sun.
As an end user, my great concern is reliability and serviceability. Integrated parts means you throw the whole thing away when one component fails. Insufficient waterproofing in the battery area means they light up after running through standing water. However, since I will never use a battery car, this is just background noise. Europe's top brands have been crap for a long time. Remember that a single failed relay on a Dodge means the integrated power module (TIPM) is trash. They are no longer available and your car is scrap.
I drive a 2003 Polo 9N with 54HP. :) Could not be happier ! ;p I just changed the timing chain myself and the car consumes only 4.8L/100km on the highway. (Yes I drive not above 100km/h) I would never buy a car newer than 2018/2020 as long as possible. People buy cars that match their Ego 😊
Yes, also one minor fender bender and it's written off because the whole structure is compromised. Cheap to produce doesn't mean cheap to own. Throw away junk.
1) it's 2024, learn to fix a pcb, it's not rocket science 2) multiple components doesn't mean it's more fixable when everything is serialized and paired by the dealership. It's actually LESS fixable. Just because it has a cable rather a SOC doesn't mean it's easier, it's often the opposite. Less boards a machine or a car has, the easier it is to fix to people who know what they are doing
I live in Mexico and just test drove a BYD Song. The features, fit and finish were outstanding, on par with the German brands and DISTINCTLY more upscale than Ford/Chevy for the competitive models. The SOFTWARE of the dual LCD monitors was intuitive, BRIGHT and EASY to READ, and the acceleration and smoothness of the ride were incredible. It handled like a very tight Mercedes yet the suspension was cushy over bumps and the seats absorbed the lateral G forces very well. The ONLY reason I didn't buy it was Mexican electrical infrastructure and EV charging stations are spotty as yet.
The moment u seat into a byd ... u feel the quality period Oh same problems here in Malaysia once the charging stations is up...I'm switching over to China EV
China was building charging stations massively when most of these Chinese EVs you are seeing, were just on scratch paper, that should be exactly how a country guides industry works.
Not only. In my knowledge, people who are running the show are not chosen on their competency. Capable people acknowledge the fact by deserting while faking remaining on duty.
we are just seeing history repeating itself ---here from wiki UK became the world's largest motor vehicle exporter. In 1937, the UK provided 15% of world vehicle exports. By 1950, a year in which 75% of British car production and 60% of its commercial vehicle production was exported, the UK provided 52% of the world's exported vehicles.[citation needed] This situation remained until the mid-1950s, by which time the American industry production had caught up with American demand, and European production was recovering. By 1952, the American-owned producers in the UK (Ford and GM's Vauxhall) had between them a 29% share of the British market, which exceeded the share of either of the UK's two top domestically owned manufacturers. It was in that context that Viscount Nuffield agreed to the merger of his company, the Nuffield Organization, with Austin, to form the British Motor Corporation (BMC). Thus BMC, comprising Austin, Morris, MG, Riley and Wolseley was formed in 1952 and commanded a 40% share of the British market.[16] German production was increasing yearly, and by 1953 it had exceeded that of France, and by 1956 it had overtaken that of the UK.[16] one thing for sure is - “We learn from history that we do not learn from history” is a quote attributed to the German philosopher Georg Wilhelm Friedrich Hegel (1770-1831)
Exactly... western superiority complex that nobody else can innovate or come up with ideas better than western countries or others will always play catch up forgetting China has been top dog for most of its history. Underestimation, arrogance and hubris
If you are not in the financial market right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
Trading crypto now should be wise, but trading without an expert isn't advisable. I tried trading on my own but keep on losing. I think I'Il give her a try
@@capitolpolice1504 Now Huawei has more patents in that sector than any other company! (Yet you STILL read dumb comments mentioning "IP theft" even to this day!)
Kevin you may have hit on something uniquely Chinese unknown to outsiders. Chinese education and entrance test is about the most competitive and quantitative competition there is. It's individualistic yet everyone knows they can only get smarter/better from being pushed and measured constantly against peers who are equally good. This collaborative competition is what's advancing/elevating the entire Chinese auto/ev industry so quickly but it's most oftenly discredited outside of China as government subsidy, theft or copying. And instead of letting this Chinese ascension lift western/Japanese auto industry even higher, they chose to see it as an existential threat. Unfortunately this culture gap or mindset isn't something that can change quickly so I expect the west/Japanese to continue hating and trying to halt Chinese ascension and success through politics or wars to drag China (and every one of China's customers) down.
Japão continua vassalo dos ianques assimilando cultura deles em todos sentidos.mesmo com as 2 bombas dizimando entes queridos e inocentes..prepotência do chefao
And Chinese manufacturers would be hardened, stronger and more conpetitive (even if EV demand declines). On the other hand, Chinese have to think seriously about what the impact or pressure (on them) of constant and fierce competition. Is "Tang ping (躺平)" irrevelant to such a social atmosphere?
@@akudaikangongoro With more of the world (Global South) opening up to trading with China, there really is no excuse to Tang Ping, not when one (factory or individual) can go to Africa, Latin America, Middle East or wherever that is open to Chinese passports, etc... and be a trailblazer, bridge or conduit for Chinese to do business there, be that setting up factories, conducting local market research (to know what they need), or finding things to sell back to China or the whole world. Just because one lost on one battlefield does not mean forever loss in life; most successes happen after 10+ tries.
Even Elon Musk of Tesla initially dismissed BYD earlier attempt to make EVs as a non issue. Now he realize that Chinese EVs are good stuff. Do not look down on Chinese ability.
@@MetaView7 True....that is called true grit. Chinese culture teaches their people to "bite the bullet" in difficult times and "battle on" till success. That is why the more the Americans sanction China the better it is for China.
BYD have overtaken Tesla, even the ultra cheap Wuling sold more units than Tesla a few years ago. The Chinese build quality has definitely improved significantly over time.
i would not be suprised that Japanese are stunned. Japanese tends to stick to what they know and doesnt care much on innovation. thats why japanese brands are falling behind
4:25 that's the thing. These companies are so well funded...for the share holders and upper management. They have been screwing their customers for too long and rested on their laurels. It's not about how "advanced" Chinese cars are. It's how slowly legacy autos are moving.
Tear it down but can’t REPLICATE, parts & components are at source, extremely LOW PRODUCTION cost & automation cuts out human errors, don’t need lunch & toilet breaks... Western Auto industries is trying to catch up to a speeding bullet train..🙄
"Feels like a high quality product". Found your problem right there; you have no skill in evaluating what "high quality" is. Hint, its not blinky lights and shiny parts.
@@jpcaretta8847 You're actually wrong there. Mass solar farms can provide far more energy than is needed to power everything. It's just that most countries aren't investing into huge solar farms, power distribution, and EV charging.
In theory, Capitalism requires you to produce the best quality product at the cheapest cost. That's how you would earn the highest profits. Funny that they failed at Capitalism while China succeeded.
They went from making good consistent profits and word-of-mouth to artificial advertising and trying to make the consumer pay as much as possible, while spending as little as possible on the actual product. The result is a cheap piece of crap that people buy begrudgingly, or are misled into thinking is good when it really isn't. They forgot that good word of mouth is free advertising, and people who buy good quality products are happy to buy more later and will tell their friends and family to buy as well. Rather than your Uncle Tom going "Go buy a Ford, they make awesome cars!" you instead hear some paid actor on TV telling you to buy a Ford because the competition sucks worse and they show you some doctored up footage of a car swerving around cones which is not something you'd ever actually do in real life.
Kevin, I'm really glad I discovered your UA-cam channel. China's importance and influence in Asia was impressed on me when I was in Vietnam in 1971. I realized just about every new Vietnamese word I learned was a Chinese loan word. It sparked my interest in learning Chinese, which, unfortunately, I never did. But ever since then, I've watched as China has developed from a 3rd world country to a 1st world country faster than any other country in history - even Meiji Japan - as American economists completely ignored how it could happen because COMMUNISM. Now the USG is painting China as an enemy, which will come back to bite us.. Your UA-cam reports have shown, with detailed facts, just how we have failed to deal with our own decline vs the rise of China. Surely the 21st Century will be the Chinese Century. Keep up the excellent work!
I wouldn't call China a first world nation, not with their political system and rampant oppression and destruction of anyone who disagrees with the party. The vast majority of Chinese live far from a first world life....
if we didn't choose for our own demise, making legislature to benefit EVs which China had been making 20 years before the west did, we wouldn't have been in this shit as China was terrible at making ICE cars, but people seem to forget
@@GANDROID100Personally,I think Chinese products are quite shoddy.Kind of like their drywall sheets.For a so called Socialist,Communist nation they not do share equally with their people nor do they pay their workers inspirational wages to do excellent work either.You get what you pay for.Personally the Japanese are far better at making things better.They probably tore down the Chicom vehicles to how poorly they were built?
There’s this BYD car that can drive 1200 miles on a single tank of gas, yet GM decided on spending billions in stock buy back over researching on how to make a such vehicle. That BYD car look the size of Toyota Camry,buy one in China for about twenty thousand bucks😧
About 7 years ago I said that eventually it will be Tesla and Chinese manufacturers only. Tesla a couple of years later was worth more than the rest of the world automakers combined. Chinese have now overtaken Tesla in China and are competing almost globally. The few countries that have added steel tariffs are all doomed. They all lobbied for these tariffs.
No, they understand it pretty clearly. That's why America has 100% tariffs, and EU follows suit with big tariffs. They are trying to protect their markets, and imagining that China won't retaliate, when history shows this doesn't work and China always hits back tit-for-tat.
I was with a small Canadian company over 20 years ago. The company was doing China- Canada businesses so we travelled to China frequently. One of my bosses once chatted with me that he believed Chinese economic miracle will be over soon, because Chinese salaries are increasing so the low end manufacturing won’t be profitable anymore. I said, China will move up the food chain into innovation and new products. My boss was laughing and said, no! Chinese can’t innovate! My another boss in the same company asked me if it was the best time for China after opium war in late 1800s? I said no, it was the worst time, a lot of Chinese lost their businesses to British products and China was in civil chaos and wars after opium war. My boss said that what he read in Canada is that the British helped China to built modern trade order and modern industry by opium war. Btw, the small company bankrupted many years ago, no surprise.
Well, a simple glance at history would show people that China, troughout most of human history, has been the most dominant, successful, leading nation in the world.
EXACTLY the same attitude they exhibited regarding "The Tesla Master Plan"? (they'll probably blame Elon for ending the plan saying "Don't tell anyone" )
The West, they are not a fan of looking back at history, or at least the part that they didn't look good compared to others. Otherwise they won't look down on Chinese, or anyone, cause they would learn that it was not they were superior so they led, it was them innovated something so they led, AND INNOVATION IS NOT SOMETHING EXCLUSIVE TO THE WEST.
This is because these companies don't make cars, they make shareholder value and that is judged quarter by financial quarter. Autos are secondary to the business model so they don't care when someone says 'hey, these guys are doing it different, doing it better'.
No it's a different market. Horses for courses. Chinese are city dwellers and commuters. Americans/Australians, and somewhat Europeans, want distance. The technology is not there yet to make EV's practical. Also Chinese/Japanese are not going to buy Western cars, unless luxury/safety status.
How would these US and European execs know what really constitutes a well made and well engineered vehicle? None of their products the last twenty years meet any of those criteria.
Not just the automotive industry. Aviation is next, with Boeing being focused on stock buybacks, investors' dividends and cutting corners on manufacturing planes...
It's not that they didn't know as they think they're so smart that the Chinese are only good at making tofu dishes. Btw, this is only the begining....😂😂😂😂😂
Is it really? So companies in China have never overlooked their competitors from the West or been arrogant? I read so many comments on here where people want to act like this is something only the West does. As if the Japanese car manufacturers haven’t acted in a similar way before. Or Koreans. It’s definitely not just something that the American car companies have done.
Everything has gone according to how Deng saw it. China kept her head, be cool, be composed, keep grinding, keep learning, keep innovating, and most importantly, keep quiet and not make waves and act like small, be underestimated so they don't trigger massive reactions from the west before they are strong enough.
No they knew it would eventually happen but they thought it would take much longer because they didn’t expect the EV market to explode like it has. Their expectations were based on ICE for the Chinese car industry and using past history. The EV market completely blew that timeline away.
I subscribe to hundreds of channels and genres here on YT. But Kevin’s channel is the only channel I look forward to watching daily! He’s so insightful and the factual and unbiased information backs up his talking points. Not a single second in his 10 minute video is wasted. He’s become my China business mentor.
@@cchu319 well he does give an American point of view on things That’s because he is an American in China The difference is he does not pull punches on what America is doing wrong when it comes to dealing with China Instead of those guys who give us f ache News or try to hide what is really happening
@@verypleasantguy China doesn't need to plant moles because every single country on Earth has "self hating" citizens more than happy to spread lies about their birth race (for fame and money) thinking it somehow elevates and changes their birth identity.......as if a man can become a woman by surgery and hormone pills.
The reason why executives of the G7 n EU auto industry aren't aware of the latest developments in Chinese EVs is due to arrogance as they are still under the illusion that they the only ones who can innovate n forever have complete control of all key technologies
Chinese isn’t innovating in this case though. What they’re doing with EV’s is not their own invention or ideas that’s making them so competitive. It’s the fact they can make it at a lower cost and have been able to do it with relatively good quality. The integration of components and subassemblies that they’re doing started with Tesla. A lot of the more innovative and efficient manufacturing has come from Tesla and other EV companies. The major manufacturers have overlooked them as well.
Integrating car parts over different models and years was common during the Golden Years of the American car industry. A car would use the same engine or parts over years. The small block Chevy was in production for 50 years.
I truly cannot believe this. The VERY first thing you do with a competitor's car is take it apart and work out their costs and parts strategy, then apply lessons learnt to your own products. I have been aware for years, and I am just an interested amateur. This is outright incompetence, not just at the top, but all the way down to the first line managers. Buy one for 30K, take it apart and work out what is going on? Childs play. Great insightful video. Thank you for confirming my worst fears about the decline of the West.
Japanese and western car makers are now in the same place as the best typewriter manufacturers in the world were back in the late 1980’s. They’re the best at things no one wants
They're not even that. Western Car Makers only care about pushing cars off the lots onto consumers. They don't care that the consumer gets a quality product, in fact, they want the opposite. Planned Obsolescence. They make these cars incredibly difficult to work on, to try to push 1st party stealership repair and edge 3rd party mechanics out of business by making everything require specialized tools to work on these cars, and some of the stuff one might need to service on a semi-regular basis is tucked in-behind countless components that must be removed first, such as tucking timing belt tensioning bolts in places you'll never get a ratchet on without removing half of the engine bay's contents. More modern Western cars are constantly breaking down, having rust problems, etc. They are cheap and poorly made, make them as cheap as possible, make them look nice, and sell them at extremely high prices and the parts? Make them expensive too.
This reminds me of a conversation I herd of the leaders of the US and China talking and the Chinese leader saying they had a few million to many engineers and the US leader saying we had a few million to many lawyers and asking if the Chinese wanted to trade. I think we have been seeing the results of both countries "excess" personnel in action. I think the results speak for themselves.
Yes they’re focusing on hybrids and hydrogen. Now VAG have slowed their move to all EV. The EV market has cooled dramatically and only represents a small percentage of the market.
Since when they are rushing out joint venture products and Honda is selling a badge engineered GM EV in the USA. Toyota have realised hydrogen will be too little too late, for cars. They placed too heavy a bet on the hydrogen infrastructure and extraction happening in a short timescale, despite how long it had taken for Diesel cars and for BEVs to ramp up.
@ That doesn’t mean they’re giving up. It’s been common practice in the industry for decades to do similar things like using another company’s technology or collaborating. It can be a smart business move.
@@rogerstarkey5390 import taxes for cars are around 150% here, sometimes 300%. So yes, "cheap". no need to correct my language i know which word to use.
A guy who worked in Cambridge in the maths department made some hugely important contribution to maths which made him famous and got him a knighthood. In a lecture he was explaining that in his department were two world famous mathematicians who had also made important discoveries. They had offices a few doors along from one another in a corridor but never talked to each other. What he did was talk to both, learn what they had discovered and then put the two together to make his discovery that made him famous. You say China and Japan are close to one another. Well I doubt they talk to each other much.
In 2011? Elon Musk in an interview .."Laugh!! when he was asked about BYD cars in China. He retorted ..."Have you seen a BYD car ?". That was VERY TRUE at that time. Perhaps BYD and the entire auto MAKERS in CHINA ... WOKE UP !!! "" We NEED NEW IDEAS and INNOVATION "". Now BYD is the World 2 largest car Manufacturer. Expected to be NO 1 by 2025 .
"The 19th century belonged to the British, the 20th century belonged to the US, and the 21st century will belong to China." I don't like this quote but it seems likely to become true.
Japan still thinks of itself as part of the civilized, sophisticated, elegant, WHITE first world club and thought the CHYNEEZ...no..the Chyneez could never....they're not close to the great white adjacent Japanese mind!
The failure of Western and Japanese automakers and supplier OEMs in understanding the Chinese EV push is not that surprising. Western automakers, like almost all Westerners, have a deep, fundamental belief that Chinese cannot innovate or improve things, that the Chinese can only mass-produce Western designs and bring cost down via cutting corners. This is based on Chinese contract manufacturing for Western firms that want minimum cost for maximum markup and maximum profit to be distributed to shareholders. Chinese domestic brands like DJI and BYD have to compete, so they develop affordable *and* good products. Japan has a different failure, due to deep conservatism and prolonged economic slump, where they assume China is similarly restrained. Both are wrong, as China only copies at the very beginning, before quickly moving on to 1-N improvement for true mass production to support their enormous domestic market. China has a lot of flexibility to innovate, and excellent relations with the vast majority of countries in the world. Chinese brands will ultimately completely dominate sales outside the West.
@@Zerpentsa6598Not really. It’s the whole mainstream car industry that overlooked the EV market and didn’t take it seriously until they had no choice. They didn’t take Tesla seriously and it’s Tesla who started this innovation. Included in that industry who didn’t believe the Chinese could do this that quickly was the Japanese and Koreans. It’s nothing racial.
No they didn’t necessarily look down, they have known this is coming but they didn’t think it would happen so fast. Most car industry experts thought it would take longer for China to reach this level of quality and reliability. EV’s have been part of that because it’s made it easier to design more efficient manufacturing and lower costs. That didn’t come from China. They just took the ideas and they’re able to replicate it quickly because they have an immense manufacturing infrastructure.
Here in Australia, Im currently drive a mid range Merc, but I currently deeply interested in the BYD Shark. If my current car broke down and I need a new daily drive, i would put my money into the BYD shark for its electic range, interior, tech and versatility.
I have a BYD Dolphin and solar. No petrol required, great car. My son has a BYD Seal and solar. No petrol and what a fantastic car to drive! Thank goodness we don't have stupid tarrifs here. Hoping the Seagull arrives soon for my other son!
Yes the level of vertical integration of China companies is next level. A new project of mine which I’m working directly with senior management of a SOE which is 100% owned by the State owned Assets administration, my jaws dropped at what they are able to provide from the most basic of raw materials to logistics and everything in between under 1 umbrella and they have R&D partnerships with universities so that we can develop for specific local environments and requirements. Doing this same project in US would require at least 20 different parties to put the planning all together before anything even gets started, the planning costs alone is prohibitive. Comparatively, there is almost no planning costs in this new project of mine because this SOE just pulls people from different departments and the entire 10 year plan was done in 3 months at no cost to the counter party aka my company whose only job is to take care of things on our end that is our responsibilities anyways.
@@rowo4956 "We in the West" are also just figuring out that "Other regions", for instance Africa, are SEEING the advantage and will TAKE the opportunity to work WITH China. That alone is 50+ "Formally 3rd World" countries who will be on the Chinese Bullet train watching "Us" as they pass at speed.
Yep the infrastructure there for manufacturing and how centralized it is makes it so much easier. Also they don’t get bogged down with restrictions for safety or environmental impact. Government can pivot so quickly because they have complete control so once they decide to focus on an industry it happens much faster.
@@rowo4956True but China has some massive advantages that make it hard to replicate unless you’re a communist country or dictatorship. One of the big reasons they have come so far so fast in the car industry is because of how the Chinese government works. The big challenge for them now is to take the next step to manufacturing high end products. This is something that other countries have done like Japan and South Korea. So far it’s been a struggle for China and they still rely on other countries for components like in aerospace or semiconductor manufacturing.
@@rowo4956 China also have a lot to learn from others, it goes both ways. I know exactly where your position stems from if you are referring to doing biz. American buyers are typically arrogant and require suppliers to take all the risks on top of requiring giving them payment term credit of net 30 - 90 which means suppliers cash at risk for upwards of 180 days per delivery. American buyers especially the big ones will use qualification standards to find ways to not pay. Chinese buyers have a similar set of problems but in general don’t require payment terms credit and they are less arrogant in general and in a different way. Chinese buyers love to haggle price and oft times use inside China perspective which doesn’t really work out well outside of China. Many of the Chinese decision makers today are still in the mindset of 20 years ago where returns works on 30-60 days basis when rest of the world works on 180 days or more, that is because back then in China, choices were very limited so money was easy, it’s a different China today where choices abound and money is hard. My biggest issue with China suppliers on finished products is most of them have a very different idea of quality so oft-times buyers get surprised upon delivery. On the flip side American buyers over-define, this mainly stems from their “it’s above my pay grade” attitude so they overdo it to cover their behind since they are a lawsuit happy culture. Unless you are negotiating with their C level, most Americans still have the mindset that they are the only customer in the world, this hasn’t been true since early 2000 but hey old habit die hard and their younger people see their seniors deal that way so they continue it without realising times have changed. I’ve seen the improvements of the quality of people from China from the late 80s till today. I’ve also seen the degradation of the quality of American people in the same time period. I feel like dealing with American today is like dealing with the first batch of China business people with no clue about the world or even their own country laws and regulations. Either way, dealing with different cultures requires understanding that culture, and in large countries like China and US, first mistake many make is thinking it’s homogenous culture. Dealing with someone from New York is very different from LA, same as dealing with people from Guangzhou is very different from Harbin.
I didn't really catch any specific examples of what is better, just a lot of generalities. Where the experts just looking at features? Were they doing any actual reliability or longevity analysis?
😅 the US and it's western allied has always thought that their "international rules based order" was the superior and nobody could beat them to it, so with the "paper tiger" of the Df missiles, the radar, the high speed train, road and bridges was "tou foo". That only a light knock on the head. You just seeing the tip of the iceberg 😂
The biggest problem of the western management style is that they are more internal focussed then external. Internal focussed on long demanding meeting which add no value at all. And also too much focus on internal employee relation problems. In other words... MICRO MANAGEMENT WITHOUT A LONG TERM VISION.
That's... Not it really. If you are familiar with Chinese office politics it's way way way worse. The good view about China that I've picked up from the Singaporeans is that, that China is huge and simply by manner of competitiveness and 海选 you'll end up with plenty great people and products. It's just a large ecosystem and high turn around rate of iterations.
@dewinmoonl Always wanting to do better; not necessary being the best; just doing better. It is what it is-a recognition the other too wants to do better. Unlike the West, being the best is to beat down the other to keep them there. Hubris... Stagnation.
No, it is not a problem of industry sector, it is a problem of society. Everyone wants easy job+higher salary, they dont care if it is sustainable, and the politicans promise more and more to get vote has encouraged this midset even faster
They're focused on maximizing profits for their stockholders -- and mainly for themselves. Then if the company crashes they get another 25 million as a golden parachute ..... 😅
In fairness to the legacy car makers, not one of them has really been able to transition successfully to EVs. If there were some examples of established companies who had put out a successful EV product, I would say that proved it was possible. It's due to individual fault. But if every single one of them fail at it? And the fact that virtually all the EVs being sold nowadays are from companies founded as EV companies? It's fated. EVs are a totally different technology than internal combustion engine cars. Companies with decades of experience building ICE cars find themselves starting from square one. EV's rise is a perfect example of creative destruction. Addendum: My sister bought an EV from Mercedes. Great ICE car maker. But this car was so bad she had to return it after a month. They took it back and basically gave her the money back, no questions asked. It was so bad they didn't even bother to contest it.
The problem with integrated parts is that it's impossible to replace them if they go wrong. You would have to replace the entire thing, which could be costly.
It’s the same way in the HVAC industry. That’s one reason there’s only two manufacturers left in the USA. Products made in China are just as good, many times a lot better quality, quieter, same warranty and nicer to look at. Now the greedy, rich USA corporate execs can reap what they’ve sowed. Enjoy.
I have only owned an MG ZS from 2022 but from the very beginning, there were serious and basic issues with a brand new car, that put me off Chinese cars but i also understand that this is happening with nearly every manufacturer these days. It's very depressing.
This is a lot of words but where's the car? You can't just trust someone's words on a car, you need to look at one yourself. If you did I'm sure you would see many quality control issues, it happens on Tesla, you can bet it also happens on these cheaper cars.
Indeed - I remember (back in the 1960s) when 'Made in Japan' was regarded as a sure sign that it would be cheap and not very good. That changed by the 1980s when 'Made in Japan' was regarded as a good thing. The same is happening with 'Made in China' And Korea. And probably (eventually) Malaysia. Meanwhile, 'Made in England' or 'Made in Britain' or 'Made in Germany' has never regained its one-time indication of quality.
Because China copied everything from America. China took thousands of years to learn how to make noodles and the Japanese learnt the technique within a short period from their Chinese masters and invented instant noodles which has become very popular in China.
China is still lagging behind America and when it comes to social civility and social graciousness, China people are 1000 years behind the Japanese and 500 years behind the Taiwanese.
China people sneer at Japanese, Koreans and Vietnamese for copying their ancient culture but all modern civilization and culture today in China are all copied from the West, Japan and Korea : technology, transport system, medicine, education system, military weapons, spacecraft, music, entertainment, fashion, food, etc.
They'd rather bury their heads in the sand, facing reality is harsh, since the great American democracy means they have pretty much no say in their gov't policies, the US/West would rather sanction China to suppress its progress than make themselves more competitive. You can't wake up those who pretend to be asleep.
Everything comes with a price. Higher component integration means coupling of failures - if one part of integrated component fails, you probably have to replace the entire integrated component. In other words, integration can certainly lower production cost, but may also increase service and maintenance cost. You may save on the purchase price, but your service and insurance cost is likely to increase.
Substack, for video transcripts and direct links:
kdwalmsley.substack.com/p/japanese-teardowns-of-chinese-electric?r=4pow86
I'm a retired electrical engineer. The CEO's of legacy companies, many whom are grossly overpaid, just worry about maximizing their bonuses for company profit and stock price. True engineering just doesn't provide a quarter to quarter profit boost. It requires a longer time frame to reap the rewards of engineering for low cost manufacturing. I'm not here to say communist (socialist?) countries will always have an advantage here. But I will state that the quarter-to-quarter profit model is in need of serious tweaking. That's just a plain fact.
China had ditched the communist model for it’s economy since 1980s by Deng Xiao Peng.
It is free economy.
Only the political structure are communist.
Exactly.
Your CV gets you through the door.
BUT
When the (veiled) question of "What are your intentions" is posed, an answer of "We innovate or die... It's going to be expensive" probably won't get you the job?
.
Unfortunately, the same applies in Politics, where an young idealist with Integrity is going to be asked "do your aims align with o those of "The party"?"
An answer of
"I want to reform the voting structure and campaign financing" will probably be met with " Thanks for your time, don't let the door hit you on the way out".
.
BUT,
It doesn't have to be "socialism* to find a solution.
The need is for a long term bi-partisan *PLAN*
That is of course a problem with the current trend towards "Other guy bad" 4-5 year term "Ping Pong Politics" and a population of voters "not trending towards critical thinking"
When even GOVERNMENTS are completely revamped every 4 years or so, why would any business enterprise see beyond the short term?
@@hc1897 Sadly, I totally agree with that statement
Socialism with central competent government is the answer. Liberal democracy and capitalism have outlived it's usefulness for large scale future planning needs
I am a marketing director at a ecommerce tech company in Türkiye and I am fascinated by Kevins work. Watch all of his content to learn different business aspects. Supply chains, business logic and manifacturing. It is like a lecture in each video.
Sorry not sorry for westerners who has been sitting on the tech and branding treasury for decades provided by their predecessors.
Chinese worked hard and taking over the industries kept by soft western generation.
World revolves around those who are working hard.
Kevin is a rising star. One of the most insightful, informative reporter/analysts I've come across on UA-cam.
Taktirinize layik :)
My first S Class Mercedes was a 1989. My last was a 2012. In that time almost every model was worse than the last for quality [the 1994 probably bing the BEST]. They changed from quality engineering to cheap electronic toys that very quickly stopped working.
I literally gave away my last car, after 3 years of not using it so much didn't work it was not economical for me to repair it all.
they poured their reputation for engineering excellence down the toilet.
US may have been the pioneer in innovations however it is the Chinese that bring them to world.
Kevin is great, I work as a commodity trader and find his insights interesting
@@michaele4830 TBH the US usually steals the idea or the US govt funds the research/ US businesses almost never come up with a good idea. But they are good at commercialising other peoples ideas - or they are when there is no competition
While Japan used to be at the forefront of technology, they have rested on their laurels these past one or two decades. Even the South Koreans have made more progress. The same hunger for innovation just isn't there anymore. Like veryone else, they didn't take the Chinese seriously. Jealous people in the west still can't bring themselves to actually see how good Chinese products can be, and instead just rubbish them. That's their loss and to their country's detriment.
The same phenomenon happened to the Piano market in the past 10~15 years. The impact was not as visible since the Western market was already saturated. But the pain is there.
The Germans sat on their laurels for at least the last 40 years.
Japan was deliberately strangled by the Plaza Accords, they don't have the growth to fund tech development to compete with China being 11x larger.
@@jasonmugridge You have to wonder if the collapse of the DDR did something.
I think that the Chinese attitude to the South China Sea and to Taiwan, not mentioned here, causes the West to not wish China any success. I still have Australian lithium mining shares despite the drop be cause of trade deals with China.
I purchased a Chinese vehicle in Costa Rica, we test drove a dozen different types of vehicles from different auto manufacturers. Pay attention folks, the Chinese vehicles offered way more for less. Way more safety features, way more luxuries, and a way better warranty. Toyota offered 2 year warranty 20, 000 klm, Ford was 3 year warranty 36,000 klm while the Chinese manufacturers were 5 or 10 year with 200,000 klm.
The dash screen 15.6 inches, with voice recognition for everything. I'm hot? It turns on the AC. Please roll down the window, it rolls down the window. The amount of safety features are unreal and at first overwhelming. Rear crash avoidance!
Our big auto companies have used our political system to protect themselves from innovation. They prioritized short term profits and killed the electric cars at the behest of big oil. It is not the fault of China that we have fallen behind. They invested, while we protected, our entrenched interests, and we continue to do so. The recent enthusiasm for electric cars is beginning to fade as commercial and political propaganda have unleashed a flood of fear, uncertainty, and disinformation. Our strength has become our weakness.
With the amount of foreign interference in politics for western countries, it has a lot more to do with China than not.
acrually it's just the opposite! They are trying to kill internal combustion engine. But they will never succeed!
It has nothing to do with big oil, lol.
@@alihenderson5910 You live in a fantasy world of denial.
They are not killed electric cars they just made exactly the same mistakes with any car , they want to sell overprized cars with lots of built-in cost that the wast majority of people can't afford anymore....
Those CEOs got the big bucks to not see what was happening in China.
They were too busy counting the money to see anything.
Short term financial engineering.
They never see it coming.
As the famous fable of The Race of The HARE 🐇 & The 🐢 Tortoise.
It's exactly what happened.
@@lylegc01 CCP getting the big bucks too, but what about the Chinese citizens making $1 us dollar an hour?
@@loktom4068 you know the Rabbit didn't win the race right? Who do you think is the turtle?
I'm in my 70's now, and I have a perfect memory of the 'Standard' or standardised method that I was taught in my apprenticeship during the 60's, and I remember the day standardisation started to be phased out, not completely but enough.
I am now witnessing the return and it's the Chinese who are the future of everything.
The west is the boiling frog.
The Chinese had been standardising their mechanical parts since at least the Qin dynasty more than 2,200 years ago.
Of course, you didn't notice Tesla? (Who actually "One Upped" even the Chinese)
@@UpsideDown-e2d China mandates standardization of a LOT of things, moreso than America. They understand that standards benefit the consumer by preventing lock-in and delaying obsolescence, while enabling large scale production. China has ONE EV charging standard, not 2 or 3 like in America. Every Chinese EV is guaranteed plug-and-play with the public EV charging system.
@@rogerstarkey5390there would be no tesla without china. If you don't understand that, you will never understand anything. And definitely not this channel. Are you new her?
@@ZweiZwolf what a load of bollocks! Obsolescence is China's mantra in most other domestic products. The bulk of Chinese product that line the shelves in department stores is staggering and obsolete in a very short time.
Kevin is puzzled: why don't people in the US listen to me? Simple, it's arrogance.
@@iWantPeace838 MSM talking heads
Hubris
It's called American exceptionalism
too busy with wars.
The arrogance is all on you. Americans are so self-important that they don't believe anyone can match them. No matter what evidence is provided to show that the combined BRICS economies are larger than the G7, they'll argue that the data point is not important. When you show them direct comparisons between Patriot and S400 missile systems done by Americans, they'll call them Putin boot-lickers. When they post silly articles about how well the US economy is doing, they've only read the headline and not the content of the article that doesn't come close to justifying the headline.
Americans are so arrogant that they are going to pretend that their vote matters as a new genocide supporter is elevated to the Presidency.
As an automotive engineer I have done many drivetests with several early Chinese brands in Europe & S-America. Then still with a petrol engine. What I will never forget is how keen the Chinese engineers were to learn. And every tiny detail would be noted down diligently. They were already catching up fast back then. And if they didn't have certain knowledge they would hire a Western company, learn from them, copy them and by now sometimes improve on them.
So maybe you can update us, to this date, has china actuallyl designed and build any ICE engine that's not a copy of an established brand's engines?
@wesdoobner7521 Not really until now. And that's a pity. A year after finishing the Borgward project I stopped doing drive tests. Got tired of travelling so much, the jetlags, long days and risk. The Borgward was slapped together with Chinese and western parts. I think the engine was a licensed Mitsubishi. They hired a team of core engineers from the Stuttgart area brands though. Half of them worked in Germany, the other half in China. These engineers did a magnificent job, but unfortunately management in China wasn't ready. When they got a bit of headwind the whole project was cancelled. We Westeners, even me from a Tier 2 supplier, basically got direct access to their CEO. They really looked up to us I think.
Henry Ford will be so proud to see Chinese EV companies embrace his ideas wholeheartedly
In Henry Ford's time, Americans were already looking to China as the next great thing. Had communism not taken over, China would have remained a close ally of the USA and their economy would have gone meteoric one or two decades earlier.
Remember Kodak? Same mentality. Same outcome.
What most people don't realise is the Kodak issue went WAY beyond "Cameras"
The tech they "disregarded" was the CCD (Charge Coupled device) which converted light into an analogue(!) electrical signal, which could then be digitised.
That's in everything from Smartphones to Photocopiers, to Supermarket scanners, to Military assets.
GM Saturn automotive?
Xerox too. They practically gave away the original GUI to Apple
Nokia as well
@@davidebic Man I don't know what Nokia could have been with Android OS.. Stephen Elop and the hasty move to crappy Windows Mobile really destroyed them eventually.
I mean Samsung and some others did well with Android.
This is the best channel when it comes to learn about China and business there!
And what's coming in the future.
Yes, I agree. Even Chinese gov't mouthpiece is using part of his video.
No, it's not, because he didn't mention the extreme subsidies of the CCP for the Chinese EV and battery companies once.
@@walther2492 friend, when western businessmen were bandying around with the term "subsidy", Chinese government officials were scratching their heads wondering what is "subsidy". It took them sometime to find out the meaning of the term. Subsidy was introduced by western governments and it took Asians some time to figure out what it is all about.
Yes, western governments used "subsidy" to help their own businessmen to loot their own citizens 9:05 .
Simple answer really. Everyone in the world looked down on Chinese tech.
That is because nobody knows history. The label "made in" was imposed by the brits so that people would know that the knives and other steel appliances were Made in Germany (meaning were are not as good as the steel made in Great Britain). Absolutely nothing new under the sun.
Westerners.
Westerners did same to japanese cars in 60s and Korean cars in 80s nothing new
Do they know they are actually the F graders..
What tech do they have that they didn't still ?
As an end user, my great concern is reliability and serviceability. Integrated parts means you throw the whole thing away when one component fails. Insufficient waterproofing in the battery area means they light up after running through standing water. However, since I will never use a battery car, this is just background noise. Europe's top brands have been crap for a long time. Remember that a single failed relay on a Dodge means the integrated power module (TIPM) is trash. They are no longer available and your car is scrap.
I drive a 2003 Polo 9N with 54HP. :) Could not be happier ! ;p I just changed the timing chain myself and the car consumes only 4.8L/100km on the highway. (Yes I drive not above 100km/h)
I would never buy a car newer than 2018/2020 as long as possible.
People buy cars that match their Ego 😊
Yes, also one minor fender bender and it's written off because the whole structure is compromised. Cheap to produce doesn't mean cheap to own. Throw away junk.
Was about to comment the same thing. I agree with you here, the integration of 6-8 parts into one is bad for the consumer in the long run.
1) it's 2024, learn to fix a pcb, it's not rocket science
2) multiple components doesn't mean it's more fixable when everything is serialized and paired by the dealership. It's actually LESS fixable. Just because it has a cable rather a SOC doesn't mean it's easier, it's often the opposite. Less boards a machine or a car has, the easier it is to fix to people who know what they are doing
"Germany's first EV adds 25 extra parts to final drive unit and 27 to door handle."
Lol....the way it has always been....
And I have 3 German grandparents.😅
German cars are made in China, by Volkswagen SAIC.
Hob~nobbin
The old adage "pride goes before a fall" holds so true!
I live in Mexico and just test drove a BYD Song. The features, fit and finish were outstanding, on par with the German brands and DISTINCTLY more upscale than Ford/Chevy for the competitive models. The SOFTWARE of the dual LCD monitors was intuitive, BRIGHT and EASY to READ, and the acceleration and smoothness of the ride were incredible. It handled like a very tight Mercedes yet the suspension was cushy over bumps and the seats absorbed the lateral G forces very well. The ONLY reason I didn't buy it was Mexican electrical infrastructure and EV charging stations are spotty as yet.
The display panel is in English?
@@peanut0braincan you change the language on your smartphone?
@@j.c.4192 yes. Excuse me. I have a peanut brain.
The moment u seat into a byd ... u feel the quality period
Oh same problems here in Malaysia once the charging stations is up...I'm switching over to China EV
China was building charging stations massively when most of these Chinese EVs you are seeing, were just on scratch paper, that should be exactly how a country guides industry works.
simple... arrogance
Not only. In my knowledge, people who are running the show are not chosen on their competency. Capable people acknowledge the fact by deserting while faking remaining on duty.
we are just seeing history repeating itself ---here from wiki
UK became the world's largest motor vehicle exporter. In 1937, the UK provided 15% of world vehicle exports. By 1950, a year in which 75% of British car production and 60% of its commercial vehicle production was exported, the UK provided 52% of the world's exported vehicles.[citation needed]
This situation remained until the mid-1950s, by which time the American industry production had caught up with American demand, and European production was recovering. By 1952, the American-owned producers in the UK (Ford and GM's Vauxhall) had between them a 29% share of the British market, which exceeded the share of either of the UK's two top domestically owned manufacturers. It was in that context that Viscount Nuffield agreed to the merger of his company, the Nuffield Organization, with Austin, to form the British Motor Corporation (BMC). Thus BMC, comprising Austin, Morris, MG, Riley and Wolseley was formed in 1952 and commanded a 40% share of the British market.[16] German production was increasing yearly, and by 1953 it had exceeded that of France, and by 1956 it had overtaken that of the UK.[16]
one thing for sure is - “We learn from history that we do not learn from history” is a quote attributed to the German philosopher Georg Wilhelm Friedrich Hegel (1770-1831)
Exactly... western superiority complex that nobody else can innovate or come up with ideas better than western countries or others will always play catch up forgetting China has been top dog for most of its history. Underestimation, arrogance and hubris
And greed.
@@lalatubby4836 WWII does play a bit role there, so not quite the same. Not sure whether some thing similar is in the kitchens.
CEOs are getting information from people who write reports but have never been to China
If you are not in the financial market right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
How can I get in touch with Maria Williams ? What are her offerings?
Oh great I'm interested then, will reach out to her now. thanks a lot
Though I started with as low as $13,000
actually because it was my first time and it was successful, She's is a great personality
Best signal provider in the market.
Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon).
Trading crypto now should be wise, but trading without an expert isn't advisable.
I tried trading on my own but keep on losing. I think I'Il give her a try
Well well well, I'd be damned! Look who is reverse engineering now!
Uncle Sam is going to steal Chinese intellectual property now.
Stealing IP, I might add. 😊😊😊
😂 i remember when the smartphone was becoming a thing they were blaming China for IP theft everyday under the sun. Look how the mighty have fallen😂
@@capitolpolice1504
Now Huawei has more patents in that sector than any other company!
(Yet you STILL read dumb comments mentioning "IP theft" even to this day!)
😂😂😂
Kevin you may have hit on something uniquely Chinese unknown to outsiders. Chinese education and entrance test is about the most competitive and quantitative competition there is. It's individualistic yet everyone knows they can only get smarter/better from being pushed and measured constantly against peers who are equally good. This collaborative competition is what's advancing/elevating the entire Chinese auto/ev industry so quickly but it's most oftenly discredited outside of China as government subsidy, theft or copying. And instead of letting this Chinese ascension lift western/Japanese auto industry even higher, they chose to see it as an existential threat. Unfortunately this culture gap or mindset isn't something that can change quickly so I expect the west/Japanese to continue hating and trying to halt Chinese ascension and success through politics or wars to drag China (and every one of China's customers) down.
Japão continua vassalo dos ianques assimilando cultura deles em todos sentidos.mesmo com as 2 bombas dizimando entes queridos e inocentes..prepotência do chefao
And Chinese manufacturers would be hardened, stronger and more conpetitive (even if EV demand declines).
On the other hand, Chinese have to think seriously about what the impact or pressure (on them) of constant and fierce competition. Is "Tang ping (躺平)" irrevelant to such a social atmosphere?
@@akudaikangongoro With more of the world (Global South) opening up to trading with China, there really is no excuse to Tang Ping, not when one (factory or individual) can go to Africa, Latin America, Middle East or wherever that is open to Chinese passports, etc... and be a trailblazer, bridge or conduit for Chinese to do business there, be that setting up factories, conducting local market research (to know what they need), or finding things to sell back to China or the whole world. Just because one lost on one battlefield does not mean forever loss in life; most successes happen after 10+ tries.
America's guiding spirit is TONYA HARDING
No DEI in China.
Even Elon Musk of Tesla initially dismissed BYD earlier attempt to make EVs as a non issue.
Now he realize that Chinese EVs are good stuff.
Do not look down on Chinese ability.
Musk looks up only to Netanyahu
To be fair, when Elon dismissed BYD, at that time, BYD was at the same level as a 1990 Hyundai. But BYD caught up at lightning speed.
@@MetaView7
True....that is called true grit.
Chinese culture teaches their people to "bite the bullet" in difficult times and "battle on" till success.
That is why the more the Americans sanction China the better it is for China.
BYD have overtaken Tesla, even the ultra cheap Wuling sold more units than Tesla a few years ago. The Chinese build quality has definitely improved significantly over time.
"...have you seen their cars, uhuh, huh huh ?... " . Yes, as a matter of fact I have , mr. Musk
i would not be suprised that Japanese are stunned. Japanese tends to stick to what they know and doesnt care much on innovation. thats why japanese brands are falling behind
4:25 that's the thing. These companies are so well funded...for the share holders and upper management. They have been screwing their customers for too long and rested on their laurels. It's not about how "advanced" Chinese cars are. It's how slowly legacy autos are moving.
I'm sitting in a Chinese luxury EV taking a ride from the airport to the train station. It's so quiet and relaxing...
Øk tonyyow830
I hope you don't drive as well. 😊
Joke aside, I am just jealous, have a nice trip.
Enjoy my dream 😢😢😂😂😂❤
Until it goes boom and you're locked inside 😱
@@joelturley4847 it might happen to you too when you ride Western cars.
Tear it down but can’t REPLICATE, parts & components are at source, extremely LOW PRODUCTION cost & automation cuts out human errors, don’t need lunch & toilet breaks... Western Auto industries is trying to catch up to a speeding bullet train..🙄
They trying to catch up to a speeding bullet train while they are running to catch it😂
We in the west can't build the Bullet Trains either!
Chinese manufacturing and supply chain is on another level. The rest of the world can't catch them
@@rogerstarkey5390over budget, not on schedule since only one guy’s working while nine other guys standing around talking.
"Feels like a high quality product". Found your problem right there; you have no skill in evaluating what "high quality" is. Hint, its not blinky lights and shiny parts.
Sanction all you want, you'll just get left behind on the highway to the future.
And the Qing Dynasty had taught us about the repercussions.
There is no future. Plabet earth has not the ressource for 10bbillions driving EVs etc...
@@jpcaretta8847 You're actually wrong there. Mass solar farms can provide far more energy than is needed to power everything. It's just that most countries aren't investing into huge solar farms, power distribution, and EV charging.
@@yoongzy
It will never happen again
@@jpcaretta8847 plabet earth?
I won’t buy Chinese products if I can find an alternative.
I was in China recently and experienced these new cars. Your report is 100% correct. The cars are excellent.
Simple . It's hubris and arrogance.
Haughty and snooty, too.
Too much western arrogance couple with Chinese speed.
@@elecatho7747 Don't forget supercilious. I've always wanted to use that word.
Don't forget the rasicm.
@@skipondowntheroad5833Many thanks for mentioning that word
When most Westerners hear the word "China" their minds are transported to 30 years ago. 😂
I go to China about once a year and it blows my mind each time. Trying to explain what its like to people back in the UK is near impossible.
@@jasonmugridgeespecially funny when many places in 🇬🇧 still look like the 1980’s
Don't knock it. The USA spent $60bn in propaganda every year to make them think this way and it worked.
@Zerpentsa6598 if u like being lied to, sure.
@@alanc457 case and point. 😂
The answer is very simple: they only have the concept of profit in their mind, not to come up with a quality product at reasonable cost .
In theory, Capitalism requires you to produce the best quality product at the cheapest cost. That's how you would earn the highest profits. Funny that they failed at Capitalism while China succeeded.
Exactly. Profits are supposed to be the reward for making goods and services that people want to buy, not an end in itself
They went from making good consistent profits and word-of-mouth to artificial advertising and trying to make the consumer pay as much as possible, while spending as little as possible on the actual product. The result is a cheap piece of crap that people buy begrudgingly, or are misled into thinking is good when it really isn't. They forgot that good word of mouth is free advertising, and people who buy good quality products are happy to buy more later and will tell their friends and family to buy as well. Rather than your Uncle Tom going "Go buy a Ford, they make awesome cars!" you instead hear some paid actor on TV telling you to buy a Ford because the competition sucks worse and they show you some doctored up footage of a car swerving around cones which is not something you'd ever actually do in real life.
Hire Gordon Chang as consultant. That will make America great again.😂😂
Kevin, I'm really glad I discovered your UA-cam channel. China's importance and influence in Asia was impressed on me when I was in Vietnam in 1971. I realized just about every new Vietnamese word I learned was a Chinese loan word. It sparked my interest in learning Chinese, which, unfortunately, I never did. But ever since then, I've watched as China has developed from a 3rd world country to a 1st world country faster than any other country in history - even Meiji Japan - as American economists completely ignored how it could happen because COMMUNISM. Now the USG is painting China as an enemy, which will come back to bite us.. Your UA-cam reports have shown, with detailed facts, just how we have failed to deal with our own decline vs the rise of China. Surely the 21st Century will be the Chinese Century. Keep up the excellent work!
I wouldn't call China a first world nation, not with their political system and rampant oppression and destruction of anyone who disagrees with the party.
The vast majority of Chinese live far from a first world life....
America and the European are true believers in their exceptionalism.
And rightfully so.
The chosen people 😅
if we didn't choose for our own demise, making legislature to benefit EVs which China had been making 20 years before the west did, we wouldn't have been in this shit as China was terrible at making ICE cars, but people seem to forget
@@dogger37JCHere,here!
@@GANDROID100Personally,I think Chinese products are quite shoddy.Kind of like their drywall sheets.For a so called Socialist,Communist nation they not do share equally with their people nor do they pay their workers inspirational wages to do excellent work either.You get what you pay for.Personally the Japanese are far better at making things better.They probably tore down the Chicom vehicles to how poorly they were built?
There’s this BYD car that can drive 1200 miles on a single tank of gas, yet GM decided on spending billions in stock buy back over researching on how to make a such vehicle. That BYD car look the size of Toyota Camry,buy one in China for about twenty thousand bucks😧
That is a hybrid - on a tankful and single charge.
14K USD about 100K RMB
@@PhiloSurfer It's an EV with a super-efficient range extender charging the battery.
Yep. Have them in Australia - Sealion 6
100km range on pure EV as well. So in day to day use - I'll never need to fuel up.
@@flea41 Yeah, they should probably shrink the fuel tank, as 500-700 km is plenty for an ordinary car.
All of the legacy auto makers are in trouble. They just don't realise it yet.
Legacy cars from the west and Japan car sales drop by 30%
for the last two years
They realize it, but it's too late, hence the panic.
About 7 years ago I said that eventually it will be Tesla and Chinese manufacturers only. Tesla a couple of years later was worth more than the rest of the world automakers combined. Chinese have now overtaken Tesla in China and are competing almost globally. The few countries that have added steel tariffs are all doomed. They all lobbied for these tariffs.
Tesla looked good because of shareholder equity.
Unfortunately, shareholder equity is a liability that one day you have to pay back.
No, they understand it pretty clearly. That's why America has 100% tariffs, and EU follows suit with big tariffs. They are trying to protect their markets, and imagining that China won't retaliate, when history shows this doesn't work and China always hits back tit-for-tat.
I was with a small Canadian company over 20 years ago. The company was doing China- Canada businesses so we travelled to China frequently. One of my bosses once chatted with me that he believed Chinese economic miracle will be over soon, because Chinese salaries are increasing so the low end manufacturing won’t be profitable anymore. I said, China will move up the food chain into innovation and new products. My boss was laughing and said, no! Chinese can’t innovate!
My another boss in the same company asked me if it was the best time for China after opium war in late 1800s? I said no, it was the worst time, a lot of Chinese lost their businesses to British products and China was in civil chaos and wars after opium war. My boss said that what he read in Canada is that the British helped China to built modern trade order and modern industry by opium war.
Btw, the small company bankrupted many years ago, no surprise.
Guess what, who wrote the history books in the western hemisphere?
Chinese corruption of Canada is the biggest factor in the housing crisis. Buying houses in Vancouver for cash
Well, a simple glance at history would show people that China, troughout most of human history, has been the most dominant, successful, leading nation in the world.
Probably thought it wasn't worth looking, because it was Chinese. Big mistake.
EXACTLY the same attitude they exhibited regarding "The Tesla Master Plan"?
(they'll probably blame Elon for ending the plan saying "Don't tell anyone" )
The answer is finally they ate the humble pie..
They're still looking for the "Humble Pie Shop"
They were too proud😂😂 They didn't think the Chinese can innovate. And they are dead wrong
The West, they are not a fan of looking back at history, or at least the part that they didn't look good compared to others. Otherwise they won't look down on Chinese, or anyone, cause they would learn that it was not they were superior so they led, it was them innovated something so they led, AND INNOVATION IS NOT SOMETHING EXCLUSIVE TO THE WEST.
Free societies are naturally more innovative than authoritarian regimes! They didn't let go of their failing theories.
The U.S. can't even bring back astronauts that are still up there b/c of the quality issues.
See also China observer and you will learn more about China"s EV
anyone can take a car apart and change the shape a little and copy
I hear the Canton Fair is on. Do you go to that? Might be a good video.
This is because these companies don't make cars, they make shareholder value and that is judged quarter by financial quarter. Autos are secondary to the business model so they don't care when someone says 'hey, these guys are doing it different, doing it better'.
Great reporting as always. Thank you so much
Colonial mindset 101 : "we know better"
...until, we're out of business
.. until, we're out of business
A cocktail of hubris and racism garnished with a sprinkling of superiority complex
No it's a different market. Horses for courses. Chinese are city dwellers and commuters. Americans/Australians, and somewhat Europeans, want distance. The technology is not there yet to make EV's practical. Also Chinese/Japanese are not going to buy Western cars, unless luxury/safety status.
Pride comes before a fall…
That's what you get for not paying attention to the quiet guy in class.
True Chinese meteoric rise should become a case study for even african countries
How would these US and European execs know what really constitutes a well made and well engineered vehicle? None of their products the last twenty years meet any of those criteria.
Your channel is so underrated.
Thank you, I always enjoy watching your videos.
Not just the automotive industry. Aviation is next, with Boeing being focused on stock buybacks, investors' dividends and cutting corners on manufacturing planes...
You mean cutting corner....
@@Extra-Celestial7 thx for pointing out
Indian Patchwork... The other Indian.
.... and coroners getting their cut😢
@@othmanhassanmajid8192 💀💀💀
It's not that they didn't know as they think they're so smart that the Chinese are only good at making tofu dishes. Btw, this is only the begining....😂😂😂😂😂
Chinese: We built your continental railroad. We'll build it again. 😂
@@Zerpentsa6598 The Chinese got rewarded with the Chinese Exclusion Act then. 😢
Its not an engineering or management problem which the West has but in my opinion its just a Western feature of Capitalism.
Is it really? So companies in China have never overlooked their competitors from the West or been arrogant? I read so many comments on here where people want to act like this is something only the West does. As if the Japanese car manufacturers haven’t acted in a similar way before. Or Koreans. It’s definitely not just something that the American car companies have done.
Everything has gone according to how Deng saw it.
China kept her head, be cool, be composed, keep grinding, keep learning, keep innovating, and most importantly, keep quiet and not make waves and act like small, be underestimated so they don't trigger massive reactions from the west before they are strong enough.
I think everyone was assuming that the Chinese autos makers were copycats and their low pricing was due to govt subsidies.
No they knew it would eventually happen but they thought it would take much longer because they didn’t expect the EV market to explode like it has. Their expectations were based on ICE for the Chinese car industry and using past history. The EV market completely blew that timeline away.
I subscribe to hundreds of channels and genres here on YT. But Kevin’s channel is the only channel I look forward to watching daily! He’s so insightful and the factual and unbiased information backs up his talking points. Not a single second in his 10 minute video is wasted. He’s become my China business mentor.
Can you add channel 1 more time, I didn't get it the first 3 times.. clue.. but kevins is the only one I look forward.....
@@cchu319 well he does give an American point of view on things
That’s because he is an American in China
The difference is he does not pull punches on what America is doing wrong when it comes to dealing with China
Instead of those guys who give us f ache News or try to hide what is really happening
@@stickitupyourastericthe duran is a great channel on geopolitics.
I was just posting the same comment. 😊😊 You saved me the trouble.
While the gist of what he said is true, he didn't give you the context for the why it's true. It's more complex than what he led you to believe.
These American and Japanese CEO's are too busy reading Gordon Chang's books.
I've always suspected that Gordon Chang is a mole planted by the Chinese government
@@verypleasantguy China doesn't need to plant moles because every single country on Earth has "self hating" citizens more than happy to spread lies about their birth race (for fame and money) thinking it somehow elevates and changes their birth identity.......as if a man can become a woman by surgery and hormone pills.
How can I get in on that gig? I'd love to be wrong all the time and get paid $$$$$
@@gregwong2132 Paid by US propaganda machine.
Gordan Chang's last name is an insult to all Chinese because of lies and betrayal.
The reason why executives of the G7 n EU auto industry aren't aware of the latest developments in Chinese EVs is due to arrogance as they are still under the illusion that they the only ones who can innovate n forever have complete control of all key technologies
Chinese isn’t innovating in this case though. What they’re doing with EV’s is not their own invention or ideas that’s making them so competitive. It’s the fact they can make it at a lower cost and have been able to do it with relatively good quality. The integration of components and subassemblies that they’re doing started with Tesla. A lot of the more innovative and efficient manufacturing has come from Tesla and other EV companies. The major manufacturers have overlooked them as well.
@@dogger37JC you are welcome to invent your own interpretation
@@yaoliang1580 It’s not inventing when it’s what has actually happened and is happening. Anyone who is in the car industry knows this.
Integrating car parts over different models and years was common during the Golden Years of the American car industry. A car would use the same engine or parts over years. The small block Chevy was in production for 50 years.
I truly cannot believe this. The VERY first thing you do with a competitor's car is take it apart and work out their costs and parts strategy, then apply lessons learnt to your own products. I have been aware for years, and I am just an interested amateur. This is outright incompetence, not just at the top, but all the way down to the first line managers. Buy one for 30K, take it apart and work out what is going on? Childs play. Great insightful video. Thank you for confirming my worst fears about the decline of the West.
Japanese and western car makers are now in the same place as the best typewriter manufacturers in the world were back in the late 1980’s. They’re the best at things no one wants
They're not even that. Western Car Makers only care about pushing cars off the lots onto consumers. They don't care that the consumer gets a quality product, in fact, they want the opposite. Planned Obsolescence. They make these cars incredibly difficult to work on, to try to push 1st party stealership repair and edge 3rd party mechanics out of business by making everything require specialized tools to work on these cars, and some of the stuff one might need to service on a semi-regular basis is tucked in-behind countless components that must be removed first, such as tucking timing belt tensioning bolts in places you'll never get a ratchet on without removing half of the engine bay's contents. More modern Western cars are constantly breaking down, having rust problems, etc. They are cheap and poorly made, make them as cheap as possible, make them look nice, and sell them at extremely high prices and the parts? Make them expensive too.
Thanks Kevin, another excellent video!
Great video! Thanks!
This reminds me of a conversation I herd of the leaders of the US and China talking and the Chinese leader saying they had a few million to many engineers and the US leader saying we had a few million to many lawyers and asking if the Chinese wanted to trade.
I think we have been seeing the results of both countries "excess" personnel in action.
I think the results speak for themselves.
An authoritative reflection, thank you. Is a comparison of qualifications or entry exams between auto makers feasible?
I believe Toyota CEO, even as late as last year mentioned that EVs were not meant for them.
Yes they’re focusing on hybrids and hydrogen. Now VAG have slowed their move to all EV. The EV market has cooled dramatically and only represents a small percentage of the market.
Since when they are rushing out joint venture products and Honda is selling a badge engineered GM EV in the USA. Toyota have realised hydrogen will be too little too late, for cars.
They placed too heavy a bet on the hydrogen infrastructure and extraction happening in a short timescale, despite how long it had taken for Diesel cars and for BEVs to ramp up.
Toyota has given up and will be using BYD tech for their PHEV's.
@ That doesn’t mean they’re giving up. It’s been common practice in the industry for decades to do similar things like using another company’s technology or collaborating. It can be a smart business move.
Munro said the Toyota's management arrogantly shut him down when he talked about EVs several years ago.
Toyota are doomed as well. Chasing hydrogen as well. Another dead end.
@@davidlazarus67Toyota is right about ev. They will prevail in hybrid
@@daleolson3506no they won’t. HEVs are a stopgap technology.
@@davidlazarus67They’re smart by sticking to hybrids. Slowly the rest are realizing they overreacted.
That’s because they don’t believe in them long term.
Another well researched informative presentation Kevin - keep them coming.
Because they were told China is collapsing and is still as behind as what they see in Chinatowns…😂
You are really good at what you do. Very articulate and impactful. Thanks for sharing your great work. ❤
here in Laos we love BYD and all the other chinese EVs. They are cheap and hi-tech and look like candy on the road ❤
"Inexpensive" is a better description than "cheap"
@@rogerstarkey5390cheap affordable whatever they are still better. The other is just the name. The world loves china
@@rogerstarkey5390 import taxes for cars are around 150% here, sometimes 300%. So yes, "cheap". no need to correct my language i know which word to use.
A guy who worked in Cambridge in the maths department made some hugely important contribution to maths which made him famous and got him a knighthood. In a lecture he was explaining that in his department were two world famous mathematicians who had also made important discoveries. They had offices a few doors along from one another in a corridor but never talked to each other. What he did was talk to both, learn what they had discovered and then put the two together to make his discovery that made him famous. You say China and Japan are close to one another. Well I doubt they talk to each other much.
Japan would rather talk to USA, while USA would rather see the back of China,
Because the usa is keep japan away. Japan is occupied nation not a free country.
In 2011? Elon Musk in an interview .."Laugh!! when he was asked about BYD cars in China. He retorted ..."Have you seen a BYD car ?". That was VERY TRUE at that time. Perhaps BYD and the entire auto MAKERS in CHINA ... WOKE UP !!! "" We NEED NEW IDEAS and INNOVATION "". Now BYD is the World 2 largest car Manufacturer. Expected to be NO 1 by 2025 .
Now 6G rollout has smacked us in the face! Chinese were top guys in my tech class. Their takeover is no surprise.
"The 19th century belonged to the British, the 20th century belonged to the US, and the 21st century will belong to China." I don't like this quote but it seems likely to become true.
Arrogance, pretentiousness, is an amazing weakness. Amazing blindness.
The American, European and Japanese underestimated the capability of the Chinese.🤣
Japan still thinks of itself as part of the civilized, sophisticated, elegant, WHITE first world club and thought the CHYNEEZ...no..the Chyneez could never....they're not close to the great white adjacent Japanese mind!
Thank you Kevin great video
The failure of Western and Japanese automakers and supplier OEMs in understanding the Chinese EV push is not that surprising. Western automakers, like almost all Westerners, have a deep, fundamental belief that Chinese cannot innovate or improve things, that the Chinese can only mass-produce Western designs and bring cost down via cutting corners. This is based on Chinese contract manufacturing for Western firms that want minimum cost for maximum markup and maximum profit to be distributed to shareholders. Chinese domestic brands like DJI and BYD have to compete, so they develop affordable *and* good products. Japan has a different failure, due to deep conservatism and prolonged economic slump, where they assume China is similarly restrained. Both are wrong, as China only copies at the very beginning, before quickly moving on to 1-N improvement for true mass production to support their enormous domestic market. China has a lot of flexibility to innovate, and excellent relations with the vast majority of countries in the world. Chinese brands will ultimately completely dominate sales outside the West.
How those integrated parts gonna cost to replace?
They looked down on the Chinese, that is why ...
The US military looks down on China until suddenly they find Chinese ICBM landing near their homes.
It's a race thing. Believe me.
@@Zerpentsa6598Not really. It’s the whole mainstream car industry that overlooked the EV market and didn’t take it seriously until they had no choice. They didn’t take Tesla seriously and it’s Tesla who started this innovation. Included in that industry who didn’t believe the Chinese could do this that quickly was the Japanese and Koreans. It’s nothing racial.
No they didn’t necessarily look down, they have known this is coming but they didn’t think it would happen so fast. Most car industry experts thought it would take longer for China to reach this level of quality and reliability. EV’s have been part of that because it’s made it easier to design more efficient manufacturing and lower costs. That didn’t come from China. They just took the ideas and they’re able to replicate it quickly because they have an immense manufacturing infrastructure.
Here in Australia, Im currently drive a mid range Merc, but I currently deeply interested in the BYD Shark. If my current car broke down and I need a new daily drive, i would put my money into the BYD shark for its electic range, interior, tech and versatility.
Add solar and you could be motoring for very little.
Good thing we don't have 100% tariffs on Chinese EVs...yet!
I have a BYD Dolphin and solar. No petrol required, great car. My son has a BYD Seal and solar. No petrol and what a fantastic car to drive! Thank goodness we don't have stupid tarrifs here. Hoping the Seagull arrives soon for my other son!
Short memory huh?
@@cart172And Australia won't have tarrifs, they work both ways and it's just as beneficial for Australia as China.
Yes the level of vertical integration of China companies is next level. A new project of mine which I’m working directly with senior management of a SOE which is 100% owned by the State owned Assets administration, my jaws dropped at what they are able to provide from the most basic of raw materials to logistics and everything in between under 1 umbrella and they have R&D partnerships with universities so that we can develop for specific local environments and requirements. Doing this same project in US would require at least 20 different parties to put the planning all together before anything even gets started, the planning costs alone is prohibitive. Comparatively, there is almost no planning costs in this new project of mine because this SOE just pulls people from different departments and the entire 10 year plan was done in 3 months at no cost to the counter party aka my company whose only job is to take care of things on our end that is our responsibilities anyways.
That's the way to go. Be ready and willing to learn from China instead of bashing China and being both arrogant and ignorant.
@@rowo4956
"We in the West" are also just figuring out that "Other regions", for instance Africa, are SEEING the advantage and will TAKE the opportunity to work WITH China.
That alone is 50+ "Formally 3rd World" countries who will be on the Chinese Bullet train watching "Us" as they pass at speed.
Yep the infrastructure there for manufacturing and how centralized it is makes it so much easier. Also they don’t get bogged down with restrictions for safety or environmental impact. Government can pivot so quickly because they have complete control so once they decide to focus on an industry it happens much faster.
@@rowo4956True but China has some massive advantages that make it hard to replicate unless you’re a communist country or dictatorship. One of the big reasons they have come so far so fast in the car industry is because of how the Chinese government works. The big challenge for them now is to take the next step to manufacturing high end products. This is something that other countries have done like Japan and South Korea. So far it’s been a struggle for China and they still rely on other countries for components like in aerospace or semiconductor manufacturing.
@@rowo4956 China also have a lot to learn from others, it goes both ways. I know exactly where your position stems from if you are referring to doing biz. American buyers are typically arrogant and require suppliers to take all the risks on top of requiring giving them payment term credit of net 30 - 90 which means suppliers cash at risk for upwards of 180 days per delivery. American buyers especially the big ones will use qualification standards to find ways to not pay. Chinese buyers have a similar set of problems but in general don’t require payment terms credit and they are less arrogant in general and in a different way. Chinese buyers love to haggle price and oft times use inside China perspective which doesn’t really work out well outside of China. Many of the Chinese decision makers today are still in the mindset of 20 years ago where returns works on 30-60 days basis when rest of the world works on 180 days or more, that is because back then in China, choices were very limited so money was easy, it’s a different China today where choices abound and money is hard.
My biggest issue with China suppliers on finished products is most of them have a very different idea of quality so oft-times buyers get surprised upon delivery. On the flip side American buyers over-define, this mainly stems from their “it’s above my pay grade” attitude so they overdo it to cover their behind since they are a lawsuit happy culture. Unless you are negotiating with their C level, most Americans still have the mindset that they are the only customer in the world, this hasn’t been true since early 2000 but hey old habit die hard and their younger people see their seniors deal that way so they continue it without realising times have changed.
I’ve seen the improvements of the quality of people from China from the late 80s till today. I’ve also seen the degradation of the quality of American people in the same time period. I feel like dealing with American today is like dealing with the first batch of China business people with no clue about the world or even their own country laws and regulations.
Either way, dealing with different cultures requires understanding that culture, and in large countries like China and US, first mistake many make is thinking it’s homogenous culture. Dealing with someone from New York is very different from LA, same as dealing with people from Guangzhou is very different from Harbin.
I didn't really catch any specific examples of what is better, just a lot of generalities. Where the experts just looking at features? Were they doing any actual reliability or longevity analysis?
😅 the US and it's western allied has always thought that their "international rules based order" was the superior and nobody could beat them to it, so with the "paper tiger" of the Df missiles, the radar, the high speed train, road and bridges was "tou foo". That only a light knock on the head. You just seeing the tip of the iceberg
😂
The catharsis that honesty brings is amazing!
The biggest problem of the western management style is that they are more internal focussed then external. Internal focussed on long demanding meeting which add no value at all. And also too much focus on internal employee relation problems. In other words... MICRO MANAGEMENT WITHOUT A LONG TERM VISION.
That's... Not it really. If you are familiar with Chinese office politics it's way way way worse.
The good view about China that I've picked up from the Singaporeans is that, that China is huge and simply by manner of competitiveness and 海选 you'll end up with plenty great people and products. It's just a large ecosystem and high turn around rate of iterations.
@dewinmoonl Always wanting to do better; not necessary being the best; just doing better. It is what it is-a recognition the other too wants to do better. Unlike the West, being the best is to beat down the other to keep them there. Hubris... Stagnation.
No, it is not a problem of industry sector, it is a problem of society. Everyone wants easy job+higher salary, they dont care if it is sustainable, and the politicans promise more and more to get vote has encouraged this midset even faster
They're focused on maximizing profits for their stockholders -- and mainly for themselves. Then if the company crashes they get another 25 million as a golden parachute ..... 😅
@@ZhenYaeTonya Harding mentality and zero-sum approach.
In fairness to the legacy car makers, not one of them has really been able to transition successfully to EVs. If there were some examples of established companies who had put out a successful EV product, I would say that proved it was possible. It's due to individual fault.
But if every single one of them fail at it? And the fact that virtually all the EVs being sold nowadays are from companies founded as EV companies? It's fated.
EVs are a totally different technology than internal combustion engine cars. Companies with decades of experience building ICE cars find themselves starting from square one.
EV's rise is a perfect example of creative destruction.
Addendum: My sister bought an EV from Mercedes. Great ICE car maker. But this car was so bad she had to return it after a month. They took it back and basically gave her the money back, no questions asked. It was so bad they didn't even bother to contest it.
Byd and many other Chinese car makers were originally ICE car makers.
🧢
Damn that's insane
Very painful, very hurting,very shameful but it is a factual truth.😂😂😂👎👎👎🤣🤣🤣😭😭😭🫣🫣🫣
@@eaglestar2962 BYD is a battery manufacturer.
The problem with integrated parts is that it's impossible to replace them if they go wrong. You would have to replace the entire thing, which could be costly.
Combining parts is fine assuming that the consolidated parts will last. Can the components of the part be replaced individually if it fails?
i live in nz and hope to one-day buy a BYD shark .. i have never bought a new car in my life ..
It’s the same way in the HVAC industry. That’s one reason there’s only two manufacturers left in the USA. Products made in China are just as good, many times a lot better quality, quieter, same warranty and nicer to look at. Now the greedy, rich USA corporate execs can reap what they’ve sowed. Enjoy.
And cheaper.
complacency
I have only owned an MG ZS from 2022 but from the very beginning, there were serious and basic issues with a brand new car, that put me off Chinese cars but i also understand that this is happening with nearly every manufacturer these days. It's very depressing.
This is a lot of words but where's the car? You can't just trust someone's words on a car, you need to look at one yourself. If you did I'm sure you would see many quality control issues, it happens on Tesla, you can bet it also happens on these cheaper cars.
Made in China is gonna have a new meaning soon
Indeed - I remember (back in the 1960s) when 'Made in Japan' was regarded as a sure sign that it would be cheap and not very good. That changed by the 1980s when 'Made in Japan' was regarded as a good thing. The same is happening with 'Made in China' And Korea. And probably (eventually) Malaysia. Meanwhile, 'Made in England' or 'Made in Britain' or 'Made in Germany' has never regained its one-time indication of quality.
@@steveknight878In the late 1800's Germany was known for cheap low quality products too.
American took 240 years to the their pinnacle. China took 30 years to reach theirs.
China took 180 years, actually.
We haven’t seen the pinnacle yet, I think…
Because China copied everything from America. China took thousands of years to learn how to make noodles and the Japanese learnt the technique within a short period from their Chinese masters and invented instant noodles which has become very popular in China.
China is still lagging behind America and when it comes to social civility and social graciousness, China people are 1000 years behind the Japanese and 500 years behind the Taiwanese.
China people sneer at Japanese, Koreans and Vietnamese for copying their ancient culture but all modern civilization and culture today in China are all copied from the West, Japan and Korea : technology, transport system, medicine, education system, military weapons, spacecraft, music, entertainment, fashion, food, etc.
从你的面部表情能看出来你为你的分享不能被其他美国人传播和认同感到遗憾，因为这似乎会使得你的呐喊越来越自我实现。你可能希望这个表情能帮助你唤起更多美国人的觉醒。不过这是徒劳的，这样有用的话，他们自己就会发现了。傲慢会使人看不见，也会使人听不见别人的所见。
They'd rather bury their heads in the sand, facing reality is harsh, since the great American democracy means they have pretty much no say in their gov't policies, the US/West would rather sanction China to suppress its progress than make themselves more competitive. You can't wake up those who pretend to be asleep.
Everything comes with a price. Higher component integration means coupling of failures - if one part of integrated component fails, you probably have to replace the entire integrated component. In other words, integration can certainly lower production cost, but may also increase service and maintenance cost. You may save on the purchase price, but your service and insurance cost is likely to increase.