Click here to get a free charger and installation when pre-ordering the G6 xpeng.com.au/?qr=726XPO The best solar company in Australia just installed my new solar system. Check them out here: www.resinc.com.au/electricviking
They’ve been super aggressive with their pricing and seem to be offering solid vehicles, especially electric cars. Mexico’s market has been receptive to that, particularly because Chinese automakers like BYD and Geely are giving consumers more affordable options
It’s impressive, but it makes me wonder how sustainable is this growth? I mean, they’ve definitely captured a lot of market share in Mexico, but how will they compete in the long run, especially if they want to expand into the U.S.?
I think Chinese automakers are playing the long game. They’re using Mexico as a launchpad, building a strong base there to eventually target the U.S market. Mexico’s location is strategic being right next door to the U.S helps with manufacturing and logistics
but I think there’s more to it than just being able to offer cheaper cars. Chinese automakers have really invested in technology, especially with electric vehicles and autonomous driving features. That’s something they could use to compete in the US, where Ev adoption is growing. But the question is, can they overcome the perception issues? American consumers might still be skeptical about the quality and reliability of Chinese cars
In Latin America we don't have local auto brands to defend. So we don't need to apply high tarifs to import wherever they are coming from. We mostly care about affordable cars for consumers, and that's why China brands are taking over the market.
@@ingo_8628 it's not a local brand. So long as a chinese company buys the plant and keeps producing there, nobody really cares. BTW that's exactly what's going on in Brazil, for example, as BYD purchased Ford's former plant in Iracemápolis.
America doesn't like LatAm countries looking out for themselves, acting in their own best interest. If they get too far along, America might coup them, invade them, or stage a color revolution - possibly all 3, as history shows.
The Problem EV's are Toxic to the Environment, and are a Security Risk. : Gavin Newsom is going to Destroy this State of California & will effect Nevada, and Probably Arizona. They'll blame Trump. The Following will Cause Drought Conditions.. Having to hose down the Lithium -io fires and the Recyling Centers that Burn.. and It's Fire Crews that Douse the Recyling Center s and the Granules into the Water Wells and Lakes killing Fish.. Pollution is too Bad that not even Boiling the Tap Water Helps. StacheD Training a Fireman channel. Video of Missouri Lithium Recyling Center X- Plos-ion Shows Fire Authorities Dousing the Granules into the Creeks and Rivers for 10 Days... when they should have let it Burn ... Also, Ford Pattent to have Cameras on cars to track Speed with GPS, and Online to Cite all Vehicle's Passing your car, and Adding Advertisement's Per in Car Conversations and with Cameras... Will Compromise Political, figure Secured Conversation, and Secure not in Maps Locations. Australia Interrogated and Tried a Ministry of Defense who bought or was given a BYD all Electric Vehicle (EV) with Cameras and Conversation Tracker on Secured Locations and Phone calls... Australis is looking at Making every Chinese made EV illegal to the Country... United States should Stop Ford with their freaking Patents as Homeland Security can be effected in a bad way... They may haver asked to collect Data on possible Terrorism though it can easily back fire and used against them.. 👨🏻👍🏻🏎🏎🏁🏁🚩🚩🌲🌲⛰⛰🧗🏻
@@TopEvidence factories around Mexico City??? You never been to Mexico have you?? The northern part of the country has the majority of the factories. My point was that the above comment couldn’t be more wrong
Mexico showed under free market competition, US and EU brands have no chance against Chinese EV. It will happen globally in any market without a stupid tariff wall, it's just a fact.
Which means US car buyers will have to spend more of their hard earned money to buy a car than they otherwise would have. This leaves less disposable income to buy other goods & services. So while tariffs will help the US car industry (barely) survive, the rest of the economy will suffer from foregone sales.
Mexico is guilty for wanting good quality cars at low cost. Guilty indeed. I do not think Chinese car makers want to "smuggle" their cars into USA, there are other markets in the rest of the world.
@@lamrof Well if Mexico wants to be an American stooge let them. The world needs to isolate the western world and let them bluster in their little pond
"There are other markets in the world." Absolutely, Brazil, Russia, India, China and South Africa known as BRICS a counterweight to Western influence in global institutions. BRICS countries have a combined population of 3.25 billion people, which is over 40 percent of the world's population and growing. Using access to the large US economy as bargaining chips to force other countries to do as we want is becoming smaller each year. And the American consumer is tapped out, increasingly they can barely afford necessities let alone new cell phones, TV's, autos etc.
On my recent trip to Mexico City two months ago, they have a BYD taxi fleet which started over 2 years ago. Some of the taxis already have over 100k miles and the taxi drivers all praised them. Saw many MG suv, byd king sedans, and chery as well. The Chinese cars stand out from the other cars on the road due to their design.
BYD is doing partnerships with ride-hailing companies like 99 Táxis and Uber, where if the rideshare driver takes on enough customers in a month they get a discount on the car's lease. I guess it's a cheaper and more effective way to get prospective customers to experience a full electric drive than having showrooms and organizing test-drives. Also, taxi and rideshare drivers are among the people who use cars most intensely, so giving them easier access to cars makes for quicker testing and ironing out issues faster and more cheaply than a more homogeneous deployment. It also serves as further advertisement, because a car that lasts 3+ years in the hands of a rideshare driver is likely to last a lifetime without major issues as a family car.
@@walterbesio9615 Those little BYD taxi vans are cool. I've never seen or heard of them before, and once I rode in it, I was pleasantly surprised. It was spacious and comfortable.
The Chinese manufacturing promotes ev to taxi and ride share primarily to get public recognition of its value, cost and quality. There is no need to use them to hone the cars performance indices as they already were doing it with Chinese DIDI since 10 years ago.
Why does Trump want America's working class to pay more for what would otherwise be low cost Chinese cars? Answer: he's an oligarch who doesn't give a toss about workers. I don't blame the working class who voted for Trump because the alternative was even more horrible, but MAGA workers are dreaming in technicolour if they think Trump will do anything significant to help them. He won't.
Remember when conservatives in the US were in favor of the free market? Chinese car companies are building cars for a market that US manufacturers and dealerships have completely abandoned-inexpensive cars and trucks of any type. I expect a full trade war before the Old Three allows cars that working people can afford to enter the market in any number. The middle class in this country is gone, and this was not an accident. Having an affordable vehicle to drive will allow workers to risk switching jobs or asking for pay raises without having to risk bankruptcy and homelessness. Not having affordable cars (and rent and medical access) helps to keep wages low. We need to move away from protectionism.
@@ericsimonson5852 I couldn't agree more. And, btw, what have America's auto companies ever done for the working class? Trump will do what the ruling class in America wants him to do while handing out crumbs to the workers like exempting their tips from federal income tax while doubling the cost of affordable vehicles from China. American (so-called) capitalism is circling the drain.
I am from Canada and I am watching closely Chinese car market for the last 2 years. I hope they will come to Canada as well, to compete with the greedy US auto manufactures
@@ladygracienyc2029putting 100% is not the probelm. If canadian government says, if you want to sell here then build it here. That is fine. Now not only 100% tariff. The stupid fxxk jump on the band wagon to stop from part to tech completely so company that build car stuck in DANA, abb and simens. And if those supplier dont rip their North America client off, they shall be damn.
The U.S. automakers have never made a safe affordable high quality compact car unless it was built in Canada. Case in point was that Ford Pintos built in Canada did not go up in a fire ball like the American built ones in a rear end collision. Why you ask? The reason is because Canadian safety regulations required that Ford Canada had to install an $11 plastic baffle to prevent the rear bumper from puncturing the gas tank in a rear end collision.
I....... haven't............bought............an iPhone..............in more than..........a decade!!! I just bought.............the S24 Ultra this year.😅
I recently visited Mexico for the first time in about 20 years. The people will need really cheap electric vehicles to survive. The average daily wage is about $10-$15. The government appears to be complicit with another organized group that rules by force. The average worker does not stand a chance, the whole experience left a very bad taste .
We know the US is the culprit in all of this. The question is not that, the question is what should Mexico do. Without trading freely with the US the Mx job market will be decimated.
Hello, Sam Viking. As a mexican consumer, I love electric Chinese cars. Zeekrs, BYDs and many others quality cars at affordable prices -more or less Australian prices-. I own happily a Seal. But we’re certainly in a conundrum. We have now a foreign automotive legacy industry of low cost pollutant cars that we export. And we need foreign investment to build electric quality cars and they’re Chinese. How this will play out is anybody’s guess. Some politicians in US and Canada want to expel Mexico from the Northamerican free trade area, but they will be also shooting at their feet. Hopefully trade wars will end and we’ll be in a good position to tackle pollution and contribute to Climate Change with clean mobility. Thank you for your excellent and very informative channel.
@@rickducharme7429 The US and Canada could have reinvested profits to reshore manufacturing in the US and Canada, paying high wages and guaranteeing worker protections at several times the cost of Chinese or LatAm labor, instead of handing those profits over to shareholders. They chose not to do so for the past half century, and this is the result. American companies could pivot to do this today.
Americans are kinda arrogant to treat Mexico as a backdoor, it is not enough they are treating latin America as backyard. Mexico car market is big enough to make Chinese auto salivate, and that is what BYD exactly kept saying, BYD is there for Mexico.
Trump said he will be tough on borders but it's also said he will convince Mexico to increase tariffs on China or he will punish Mexico. Trump will go full throttle on Mexico experts say
China is willing to invest in Mexico as their gateway to Central America. There is a HUGE amount of money on the table if Mexico wants to partner with China. If not, China will find another.
Should Mexico ban buying chinese vehicles if it pleases its citizens or compel them, as an act of masochistic serfdom, to buy overrated, technologically obsolete and very expensive Us cars?
@@lchpdmq The average MEXICAN can no longer afford US cars, just like the average CANADIAN can no longer afford them. The difference is ... the Mexicans are smarter than the Canadians, and don't "bend the knee" to their US Lords.
@@Lagoost if the Chinese government is subsidizing these EVs, that isn’t fair. They are gaining market share partially because the Chinese government is subsidizing them.
It is simple economics. The Chinese cars are cheaper and higher technology than other cars. Many of the cars are still gas or hybrids, but there are a lot of EVs as well. BYD setup big sales rooms around Mexico City. The cars are better than US and European EVs.
If that is the case, then why was the Tesla model Y the best selling car in the world last year? Of any type? They do not have the quality just yet. Getting there agreed, but you a premature in your judgement; it’s not all about price either; otherwise the European brands would be dead years ago - but they will die out faster than American brands with the coming EV tsunami. The best way for China to get EVs in the U.S. quickly is to build car plants here.
@@RandyP-jr1ek First, in fact BYD outsells Tesla globally and the gap is growing. As for Model Y, in the US, there is limited choice of EV (and most things) at high prices compared to China and Asia which are spoiled for much more choice at much lower prices. Limited choice in US explains the sale numbers of Model Y, as in contrast there are 100+ EV makers sharing the market in China and Asia. Almost all recent engineering breakdowns show that Chinese EVs are notably superior to US and EU ones in both quality and technology today (even the Ford CEO who drives a Xiaomi said so recently). China sells more vehicles both domestically and globally than every other coutnry now. The best quality Tesla EV's are the ones made in Shanghai. Even Musk said on CNBC that his Shanghai Tesla plant outmatches his US plants for productivity, quality, and efficiency. Finally, as for Tesla sales, see what happens next year if there's a trump trade war and China bans Tesla from China and Asia RCEP. Tesla sales will crater and the company will lose money. Asia has 5-billion consumers compared to 0.5-billion in north america, and Asia is growing faster too, especially in the middle class which is the prime demographic for these products.
I test drove Teslas. The model 3 and Y were designed to be mass market cars. They have excellent specs, but the interiors are really cheap. I bought a Kia EV6 for myself. It has the luxury car interior and handling feel I like. In Mexico, most people want the cheap cars. Most people don’t make much money, that is why many products are made in Mexico, and many more since the pandemic and the supply chain issues with China. The Chinese cars are much cheaper, and very good quality than Teslas. You don’t see many Teslas in Mexico.
because china is a real threat!!! chinese would eventually claim mx's land as chinese states, i.e. california, texas and god forbid "new" mexico.... lolol
@@benmlee Tesla is known to sell their car with few testing. You should know that Tesla had done tons of recalls for the theirs cars every other year. China takes care of their people, safety is very important.
Unless Mexico has explicitly broken a rule of NAFTA, whatever they do should be honored by the other parties, it's called the rule of law. The US is getting foreign semiconductor firms to set up in the US, should Mexico have a say in this. And what about US tech firms having practical monopolies in many countries. What's with all the double standards fuss about Chinese firms.
You are dealing with an evil imperialist capitalist authoritarian government north of your border. If they can steal your land, they will do anything to steal your rights.
Mexico can import Chinese cars and sell them in Mexico by NAFTA regulations, but those Chinese imported cars can't be trans-shiped (drop-shipped?) into the USA from Mexico. Same with shipping to Canada. Similarly the USA can't let a semiconductor manufacturer ship completed chips to the USA then directly to Mexico, but they can let TSMC, Samsung, or other semiconductor manufacturers make chips in the USA then ship those to Mexico. Its a little more complex than that so vehicle might be under a different set of rules.
True 💯. U.S. lost a market in Latin America due to their arrogancy, ignorance, and lack of interest...not China's or Mexico's fault. China, the EU, and the US are far from being saints. Stop the hypocrisy. This is about about power struggle, greed, and relevancy on the world stage. The regular Joes l will always continue to pay for the broken dishes of their politicians and elite. The China-US-EU trade war is not an exception.
@@michaelkatz275 i dont think so , in my country every 1 in 4 vehicles are byd now they are literally everywhere the same happen with huawei now honor cellphone brand , out of nowhere and they were everywhere.. nobody wants to buy a ford to spend 4x in gasoline than corolla for example and now byd is amaizing look i dont like the ccp but this is good thing. since my country is really small a battery fire will be on the news they sell byd since 4 years ago and none battery fire i dont know if they are selling us the best ,, but i think byd is one of the safest the blade batteries are the best in the market
Stop punishing consumers with the stupid tariffs. Yes, you will save some domestic manufacturing jobs, but protectionism is detrimental to all, in the long run, especially consumers. And it's not like we're talking about drugs or alcohol. These cars are fantastic technology that's good for the environment! We should encourage, not hinder, buying more electric cars. And if the Chinese are winning the race in technology and price, then so be it. It's called a free market, something Republicans used to support.
Thanks. Similar dynamics in Israel- Chinese cars rose in the market from 0% 6 years ago, to 22% in 2024, and about 80% of the EVs sold are from China (including Tesla).
When you say that car exports to the US are crucial for Mexico, you forget about that Mexico's cheap labor is crucial to US businesses. Ford's Mach-e and the Chevy Bolt were built in Mexico to keep cost down. Build them in the US and no one will be able to afford them.
The Chinese cars can be driven into San Diego by a Mexican resident, but cannot be legally imported or cannot stay longer than one year. They are not certified: Federal Motor Vehicle Safety Standards (FMVSS)
age 72 here,, Have you noticed yet,, that the Automobile industry seems unable to ever see a disaster coming? It's repeated over and over, with the Government bailing them out. This time is different,,
I saw the same thing growing up in Michigan's automotive industry during the 60s and 70s. Our government should not give out loans or bailouts but instead offer to subsidize automobile manufacturers with technology and price point goals if manufactured in the USA. Similar to what was provided to TSMC, Intel, Samsung, and Micron through the CHIPS and Science Act Funds
NAFTA already lays out import rules from Mexico to US. These cars sourced in China would definitely be tariffed if new, and extremely difficult to import used because of regulations around importing used vehicles
What problem? Mexico's free tariff policy enabled Mexicans to buy good value Chinese cars as intended. If US citizens decided to buy 2nd hand Chinese cars from Mexico, they are within their rights. A free people aren't they?
Its not that simple. The NAFTA agreement has certain regulations for certain products, and one of those categories of products is vehicles going across the international border.
well, someone has to be the number one supplier of cars. Why not cheap efficient electric cars rather than stinky ice cars. Doesn't Mexico have a pollution problem? .. i assume this would help. If Trump doesn't like this, why doesn't he do what USA normally does for nations that don't do as they're told and change Mexico's president.
Don't give the Trump bunch any ideas ... with Rubio as Secretary of State they'll naturally want to overthrow the Mexican government anyway ...😂 let alone given a new incentive to block Chinese car sales.....
That's laughable, Chinese nationalistic 'bully' mentality. Thats like how the first island chain nations off the Chinese coast won't do as the CCP tells them to do so China sends the PLA forces out to be belligerent and bully & threaten them. The USA negotiates with its neighbors, it doesn't tell them what to do and threaten them with military force if they don't.
This is an increasingly important factor in/for Mexico, as it is not self-sufficient in petroleum (combination of dwindling proven reserves, and corruption/mismanagement by Pemex). Gas prices there are high, and rising -- a couple of months ago prices I saw averaged about $4.37/gallon (based on the $1 to 20Peso exchange rate), and this in a country with a median salary of about 1/3 of the US level. Electrification isn't a perfect solution either, with 67% of Mexico's electricity being generated by fossil fuels. However Mexico currently produces 31% of its electricity from renewables (compared to about 21% for the US), and has a large areas that are suitable for photovoltaics).
When the car runs good and affordable, of course, everyone will flock to it. I am still waiting for one day BYD will come here to California. I'll buy one in a heartbeat.
Sure you could drive a Chinese car from Mexico to the USA, but you won't be able to register it or get license plates because they have not gone through the department of transportation tests or met crash test & safety guidelines. You can bring one over for research, but you can't register it.
Oh my goodness, the electric vehicle community is stunned! Some non-experts have been talking about that and the tariff of consequences on Mexico and their Chinese investors. Next, the EV community will be stunned as to why subsidies are being dropped! Outraged! Shocked! Caught unaware!Come on people.
Yo Viking bro, its not just Mehico - Here in South Africa, Chinese automakers are going bangbusters too - a combination of high specs, long warranty and really competitive pricing as compared to what you'd get for the same price from the traditional established brands, has caused consumers to really flock especially in this time of constrained spending. South Africans love their pickups too and if / when BYD release their shark here next year, I imagine its going tto be the makings of another blood bath for the regular players.
German car manufacturers can get stuffed in South Africa, locally manufactured prices sold locally are 20-30% more than export prices. Germans milking gullible South Africans. Same with french, garbage first Renault production batch are dumped in SA. Euro and Japanese brands can go bankrupt
I live on the border myself. If I crossed to Juarez and bought a Chinese EV, I think there would be trouble getting it registered back home. You'd have to have an Emissions and Safety Standards document for the car for one thing. I doubt the Feds will be giving these out to Chinese vehicles. It would also be a pain getting it serviced.
There are no emissions on electric cars, to be honest your ridiculous 25 year rule is a joke, especially when the population goes on about freedom. The freedom to be exploited by big business.
Same on Chinese X ray machine. Refuse to process application for aviation use, so no Chinese X ray machine in US & its ally airport. At least two years already.
In Australia, Chinese made cars represented 0.9% of new car sales in 2018. In 2020 they made up 3.3%, in 2022 11.4%. Last year 15.9%. My bet is in 2024, close to 20% of the 1.2 million new car sales will be from the PRC. Australia has no local car industry. BYD Seal and Dolphin recognised as two of the safest in the world in an ANCAP comparison.
I hope Mexico gives the US "the finger". Mexicans need cheap, clean, transportation. With China's help they can also transform their power grid quickly to solar and battery storage. The US, on the other hand, is offering relatively expensive cars and does not have the ability to put in the solar infrastructure Mexico needs. Mexico needs to look to the future. China is the rising economic global power in the world while the US is diminishing quickly. While Mexico will always be able to sell cheap produce to the US, the US cannot supply in quantity and cheaply the things that Mexico needs to move forward as a nation. If the US forced Mexico to choose, I think enlightened (AKA not bought off) Mexican leaders would choose China. Mexico, and its entries into Latin America, is the perfect place for Chinese businesses to expand.
8:00 if it is intended to stay in the USA it must be registered in the US State, which will not allow registration as it does not meet the rules. The government literally confiscates foreign vehicles improperly registered and crushes them.
There is a guy on youtube living in Texas who is currently buying a BYD Shark in Mexico and taking it back to Texas…He is doing a how to video…his channel uncle dee productions
Mexican here. Everyone in my family bought a Chery SUV. We all come from a VW, the problem with it is that they got absurdly expensive and they kept offering less and less equipment, despite being manufactured in Mexico. However, it still is rare to see Chinese cars on the streets, specially EVs. The most sold Chinese car has to be an MG 5, as most consumers still don't trust the quality of Chinese cars. However, Chevy is bringing most of their cheapest cars from china, which could explain why the numbers reported.
@@asleytamkei7507 I'm not stating that the MG 5 is a quality product, in fact, it is somewhat unrealiable, however, it is so cheap that a lot of families are buying one either for personal use or as Ubers. As a chineses car consumer, I do feel that quality (speciall post service) is not on par with traditional brands, however, Chineses automakers are here to compete and is reassuring to see how fast the improve of their products and services. Traditional brands got way to complacent with their products and prices and Chinese brands hit them hard.
What you described is what needs to happen in the US. Since cars are sold with a low, mid, and high end specification, you often find the mid to high end ranges having significantly more equipment, while costing much more money. As a consumer, you just feel like you're being squeezed for every dollar.
@@asleytamkei7507 MG has been owned by a Chinese company for 17 years. All MG cars you see around the world are made in China. Oh, and there are also Volvo cars. There will be more and more in the future.
The customer is always right, if the Americans want affordable EV’s and their favourite companies are not making them, they will get them from elsewhere.
Why not. The west always used poor countries to manufacture stuffs not necessary affordable to improve local population or their economies. China is selling cars that average Mexicans can affords and to help to move their economy.
Mexico has introduced various incentives to promote EV adoption, including tax benefits and subsidies. Infrastructure Development: Efforts are being made to improve EV infrastructure, such as charging stations, which is crucial for wider adoption.
With the stupidly expensive prices and plunging quality of legacy automakers, if the US opened its markets, the same thing would happen in just a few years... America really has no good options for new vehicles now and the crashing domestic market is now really showing that.
I heard something about instead of building a giant wall around the Legacy automakers use money from a modest tariff to help them innovate and develop to compete better. A win-win for everyone
Let's not forget that Ev car is also move to Brazil. They don't need to send the car to North America, they just use the money earned from export etc to buy them. U can stop the product to come to your own people but u can not stop the flow of money
My favorite cars in China are: MG Cyberster, Arcfox S5 AWD, Hyptec GT & SSR, YangWang U9, IM L6, Mazda EZ-6, Hozon GT, Roewe D7, Onvo L60, Venucia VX6, Landian E5 Plus, Geely Galaxy E8, and iCAR V23. Go test drive any of the cars I mentioned, you will be very pleasantly surprised. China currently has more than 140 car brands, making them the most competitive market, thus in order to survive, manufacturers need to take customers' feedback more seriously and offer better products at lower prices.
WE CAN'T AFFORD A CAR ANYMORE HERE IN CANADA WITH THE INSANE PRICES ON EVERYTHING HERE . WORKING PEOPLE CAN'T EVEN AFFORD AN APPARTMENT OR HOME ANYMORE ' THATS WHY WORKING PEOPLE ARE ACTUALLY LIVING ON THE STREETS OR IN THEIR OLD GAS CAR UP HERE . GREEDY COMPANIES WANT 80 TO 100 THOUSAND $ FOR OUTDATED GAS JUNK . FOOD IS TOO EXPENSIVE TO BUY .
@@douglasgray3206he is frustrated speaking out his experience, who are you to say its inaccurate, so your rich white canadian friend just bought a new porsche and canadians should be all doing fine?
Mexico can't block imports from China easily; a far too large share of the manufactured goods it exports to the US are made using Chinese materials and parts, if they aren't just rebadged Chinese products. It would take years, if not decades, to move the supply chains out of China, which even if successful could drive costs sharply up. As for car tariffs, a sudden price rise on EVs just after a new Mexican president was inaugurated, one who campaigned on climate change (among other things), would be political kryptonite, so I guess the new president will try to figure a way to make any transition gradual and will block any US-style 100% tariffs on Chinese cars. Also, the Chinese want to make car parts in Mexico; this way they can not only supply Chinese brands opening factories in Mexico, but also fight for contracts supplying the non-Chinese brands exporting to the US and Canada. BTW, just a reminder that Mexican wages aren't just lower than US and Canada wages, but also are currently lower than Chinese wages. If the secret sauce to China's competitive EV prices was low wages then Made in Mexico EVs would be even cheaper than the Chinese ones.
Those are all great points. Particularly on wage comparisons between China and Mexico, and Claudia Sheinbaum's scientific background. It would be bizarre for this Mexican government to discourage the sale of EVs in Mexico with high tariffs if they're serious about lowering greenhouse emissions and addressing air pollution in Mexico City.
Did you ever think the USA just doesn't want EVs at all? Current ICE-powered vehicles are much more convenient to own and operate, with plenty of gasoline filling stations everywhere and service/repair shops. And gasoline/diesel powered vehicles outperform EVs as work vehicles by quite a bit. EVs will be a percentage of the USA market, but they will not dominate the market. The USA is a consumer driven economy, the government doesn't dictate what the consumer market will make available (or not available) to consumers.
I believe that if you look into the details you will find that it talks about the country where the part is manufactured and that the amount of parts must be made in Canada, U.S. or Mexico. It is not enough to only assembled there.
There are no BYD, etc. dealers and service centers in the USA and Canada. Bringing Chinese cars into the USA and Canada will not threaten car sales in the two countries because there is no one to service and repair them. It makes sense for Mexico to import Chinese cars because they are affordable. Don't panic until required.
I think Mexico is smart enough to go with the tech trend (full EVs). Like Australia, they don't have a domestic auto industry to protect. Other consequences are secondary to this. Tech first. Politics second.
The free trade agreement generally refers to goods manufactured in the free trade area. I think you might need to do a little research on your claim that the vehicles can be transferred to US tax free. There are also detailed rules on the amount of construction that must be done in the free trade area.
Sam, I commented a couple of months ago that China would hit 30% in the Mexican new car market by the end of the year. I also mentioned that 60% of vehicles sold by GM in Mexico are made in China (SAIC). There are at least 4 mid-sized Chinese pickups available. Note: seems the Chinese are so busy building cars that there are no parts being exported from China. Btw, GM sells a couple Chinese built cars in the US, one is a Buick SUV. Regarding electric cars in Mexico there is no market for them yet. Mexico needs a few dozen mini nuclear power plants asap, Chinese ones :) and thorium would be fine. Regarding your comments 2 minutes in and later I suggest you avoid politically oriented statements or questions. Cheers!
EVs are flying under the radar in the developing world because they can be charged with rooftop solar instead of fueling with expensive imported gasoline. Mexico will install Chinese solar, then wind.
Click here to get a free charger and installation when pre-ordering the G6
xpeng.com.au/?qr=726XPO
The best solar company in Australia just installed my new solar system.
Check them out here:
www.resinc.com.au/electricviking
They’ve been super aggressive with their pricing and seem to be offering solid vehicles, especially electric cars. Mexico’s market has been receptive to that, particularly because Chinese automakers like BYD and Geely are giving consumers more affordable options
It’s impressive, but it makes me wonder how sustainable is this growth? I mean, they’ve definitely captured a lot of market share in Mexico, but how will they compete in the long run, especially if they want to expand into the U.S.?
American consumers can be picky, and the market there is already dominated by established players like Ford, GM, and even Tesla when it comes to EVs.
I think Chinese automakers are playing the long game. They’re using Mexico as a launchpad, building a strong base there to eventually target the U.S market. Mexico’s location is strategic being right next door to the U.S helps with manufacturing and logistics
mexican consumers are warming up to electric vehicles, and that’s where these chinese brands really shine
but I think there’s more to it than just being able to offer cheaper cars. Chinese automakers have really invested in technology, especially with electric vehicles and autonomous driving features. That’s something they could use to compete in the US, where Ev adoption is growing. But the question is, can they overcome the perception issues? American consumers might still be skeptical about the quality and reliability of Chinese cars
In Latin America we don't have local auto brands to defend. So we don't need to apply high tarifs to import wherever they are coming from. We mostly care about affordable cars for consumers, and that's why China brands are taking over the market.
Neither Mexico. Although the dilemma Mx faces is different, not related to a car manufacturing industry at all.
What about Volkswagen? They produce in some countrys there.
How much is an average EV? How many months does a nurse have to work for it?
@@ingo_8628 it's not a local brand. So long as a chinese company buys the plant and keeps producing there, nobody really cares.
BTW that's exactly what's going on in Brazil, for example, as BYD purchased Ford's former plant in Iracemápolis.
@@ingo_8628 And the profits go to ? Germany!
Not guilty nor innocent, Mexico is just looking its own interest getting the best value for the bang unlike some countries north!
America doesn't like LatAm countries looking out for themselves, acting in their own best interest. If they get too far along, America might coup them, invade them, or stage a color revolution - possibly all 3, as history shows.
Chinese vehicles will destroy Mexican domestic auto production, and subsidise China's economy.
It's Guilty or Not Guilty; there's no Innocent verdict.
@@jgarbo3541 There are bullshit charges, which that question is
@@IbrahimNgenoNot worth it, just sick minds with no cure. One World, One Common Road.🌍🕊️
what is the problem? cheap and good quality is what the world wants
Well the Chinese offer Average quality with crazy options …. !
Cheap? Yes
Good quality? We will have to see
Good quality? Have you ever heard of planned obsolescence?
I don't think that's what Trump wants!
The Problem EV's are Toxic to the Environment, and are a Security Risk. :
Gavin Newsom is going to Destroy this State of California & will effect Nevada, and Probably Arizona. They'll blame Trump. The Following will Cause Drought Conditions.. Having to hose down the Lithium -io fires and the Recyling Centers that Burn.. and It's Fire Crews that Douse the Recyling Center s and the Granules into the Water Wells and Lakes killing Fish.. Pollution is too Bad that not even Boiling the Tap Water Helps.
StacheD Training a Fireman channel. Video of Missouri Lithium Recyling Center X- Plos-ion
Shows Fire Authorities Dousing the Granules into the Creeks and Rivers for 10 Days... when they should have let it Burn ...
Also, Ford Pattent to have Cameras on cars to track Speed with GPS, and Online to Cite all Vehicle's Passing your car, and Adding Advertisement's Per in Car Conversations and with Cameras... Will Compromise Political, figure Secured Conversation, and Secure not in Maps Locations.
Australia Interrogated and Tried a Ministry of Defense who bought or was given a BYD all Electric Vehicle (EV) with Cameras and Conversation Tracker on Secured Locations and Phone calls... Australis is looking at Making every Chinese made EV illegal to the Country... United States should Stop Ford with their freaking Patents as Homeland Security can be effected in a bad way... They may haver asked to collect Data on possible Terrorism though it can easily back fire and used against them..
👨🏻👍🏻🏎🏎🏁🏁🚩🚩🌲🌲⛰⛰🧗🏻
Mexico City's air hasn't been this clean since the 1980s. Thanks, China EV vehicles!
The 80s had the worst air quality in Mexico City’s history 😂
Just how far are you going to stretch believablity tonight?
So, all those factories around Mexico City now work on motors from Chinese EVs? Or what's your point?
@@TopEvidence factories around Mexico City??? You never been to Mexico have you?? The northern part of the country has the majority of the factories. My point was that the above comment couldn’t be more wrong
Bought XAI93x after watching your video, super excited! 💰
Mexico showed under free market competition, US and EU brands have no chance against Chinese EV. It will happen globally in any market without a stupid tariff wall, it's just a fact.
Which means US car buyers will have to spend more of their hard earned money to buy a car than they otherwise would have. This leaves less disposable income to buy other goods & services.
So while tariffs will help the US car industry (barely) survive, the rest of the economy will suffer from foregone sales.
Mexico is guilty for wanting good quality cars at low cost. Guilty indeed. I do not think Chinese car makers want to "smuggle" their cars into USA, there are other markets in the rest of the world.
Mx is in a tight rope balance. They can't have it all. They have to choose between the USA vs Chinese markets for everything.
I think Mexico is using China as a bargaining chip against the USA since Mexico is the weaker party.
@@lamrof Well if Mexico wants to be an American stooge let them. The world needs to isolate the western world and let them bluster in their little pond
Mexico can do whatever they want, hopefully they can get parts in the future when needed.
"There are other markets in the world." Absolutely, Brazil, Russia, India, China and South Africa known as BRICS a counterweight to Western influence in global institutions. BRICS countries have a combined population of 3.25 billion people, which is over 40 percent of the world's population and growing. Using access to the large US economy as bargaining chips to force other countries to do as we want is becoming smaller each year. And the American consumer is tapped out, increasingly they can barely afford necessities let alone new cell phones, TV's, autos etc.
On my recent trip to Mexico City two months ago, they have a BYD taxi fleet which started over 2 years ago. Some of the taxis already have over 100k miles and the taxi drivers all praised them.
Saw many MG suv, byd king sedans, and chery as well. The Chinese cars stand out from the other cars on the road due to their design.
BYD is doing partnerships with ride-hailing companies like 99 Táxis and Uber, where if the rideshare driver takes on enough customers in a month they get a discount on the car's lease.
I guess it's a cheaper and more effective way to get prospective customers to experience a full electric drive than having showrooms and organizing test-drives.
Also, taxi and rideshare drivers are among the people who use cars most intensely, so giving them easier access to cars makes for quicker testing and ironing out issues faster and more cheaply than a more homogeneous deployment. It also serves as further advertisement, because a car that lasts 3+ years in the hands of a rideshare driver is likely to last a lifetime without major issues as a family car.
I’ve seen the same thing happening. I’ve gotten many Uber rides in little BYD vans.
@@walterbesio9615 Those little BYD taxi vans are cool. I've never seen or heard of them before, and once I rode in it, I was pleasantly surprised. It was spacious and comfortable.
The Chinese manufacturing promotes ev to taxi and ride share primarily to get public recognition of its value, cost and quality. There is no need to use them to hone the cars performance indices as they already were doing it with Chinese DIDI since 10 years ago.
@@jimmygu6658 I hope these vans come to the US. Thanks for sharing this info.
America is falling behind ...tariffs.... they are dumb... Mexico is doing the right thing for its people.
Why does Trump want America's working class to pay more for what would otherwise be low cost Chinese cars? Answer: he's an oligarch who doesn't give a toss about workers. I don't blame the working class who voted for Trump because the alternative was even more horrible, but MAGA workers are dreaming in technicolour if they think Trump will do anything significant to help them. He won't.
Remember when conservatives in the US were in favor of the free market? Chinese car companies are building cars for a market that US manufacturers and dealerships have completely abandoned-inexpensive cars and trucks of any type. I expect a full trade war before the Old Three allows cars that working people can afford to enter the market in any number. The middle class in this country is gone, and this was not an accident. Having an affordable vehicle to drive will allow workers to risk switching jobs or asking for pay raises without having to risk bankruptcy and homelessness. Not having affordable cars (and rent and medical access) helps to keep wages low. We need to move away from protectionism.
@@ericsimonson5852 I couldn't agree more. And, btw, what have America's auto companies ever done for the working class? Trump will do what the ruling class in America wants him to do while handing out crumbs to the workers like exempting their tips from federal income tax while doubling the cost of affordable vehicles from China. American (so-called) capitalism is circling the drain.
Do any of you know anything about the CCP?
@@begelston I’d personally prefer to buy from privately-owned Chinese car companies like BYD, Xpeng and Nio.
But not state-owned ones.
I am from Canada and I am watching closely Chinese car market for the last 2 years. I hope they will come to Canada as well, to compete with the greedy US auto manufactures
That is an excellent observation.
Well, that needs to be approved by your master from the south of the border ...
Your govt under Trudeau just put 100% tariffs on Chinese EVs so don't expect any Chinese EVs until you vote for a new PM hopefully next year
@@ladygracienyc2029putting 100% is not the probelm. If canadian government says, if you want to sell here then build it here. That is fine. Now not only 100% tariff. The stupid fxxk jump on the band wagon to stop from part to tech completely so company that build car stuck in DANA, abb and simens. And if those supplier dont rip their North America client off, they shall be damn.
The U.S. automakers have never made a safe affordable high quality compact car unless it was built in Canada. Case in point was that Ford Pintos built in Canada did not go up in a fire ball like the American built ones in a rear end collision. Why you ask? The reason is because Canadian safety regulations required that Ford Canada had to install an $11 plastic baffle to prevent the rear bumper from puncturing the gas tank in a rear end collision.
Apple iPhone has more than one third of the market in Mexico also made in China. Didn’t hear anyone complain about that.
American Elon Musk Phones are coming. This thread is not very informed, I thought people here were on the cutting edge, not so much.
Apple is an American company
I'd really like a cyberphone, but I don't think it will happen soon.
I....... haven't............bought............an iPhone..............in more than..........a decade!!! I just bought.............the S24 Ultra this year.😅
@@JDMSwervo2001 So are Tesla, Rivian and lots of solar companies.
The problem is not Mexico or China, the problem is US monetary and fiscal policy.
I recently visited Mexico for the first time in about 20 years. The people will need really cheap electric vehicles to survive. The average daily wage is about $10-$15. The government appears to be complicit with another organized group that rules by force. The average worker does not stand a chance, the whole experience left a very bad taste .
We know the US is the culprit in all of this. The question is not that, the question is what should Mexico do. Without trading freely with the US the Mx job market will be decimated.
And UAW wages.
also authoritarian communist car dumping is a problem.
@@steelyspielbergojust because Murika can no longer make anything for a reasonable cost DON'T BLAME THOSE WHO CAN.
Hello, Sam Viking. As a mexican consumer, I love electric Chinese cars. Zeekrs, BYDs and many others quality cars at affordable prices -more or less Australian prices-. I own happily a Seal. But we’re certainly in a conundrum. We have now a foreign automotive legacy industry of low cost pollutant cars that we export. And we need foreign investment to build electric quality cars and they’re Chinese. How this will play out is anybody’s guess. Some politicians in US and Canada want to expel Mexico from the Northamerican free trade area, but they will be also shooting at their feet. Hopefully trade wars will end and we’ll be in a good position to tackle pollution and contribute to Climate Change with clean mobility. Thank you for your excellent and very informative channel.
The US and Canada cannot afford to kick Mexico from the FTA because they would have to pay a LOT more to have things made.
@@ZweiZwolf I guess we will find out soon. Trump's administration and his people will soon find out if the Chinese and the EU fall for his 💩.😅
@@ZweiZwolf or move production back to US and Canada...
They have already moved the low cost labor from South America to the US 😂
@@rickducharme7429 The US and Canada could have reinvested profits to reshore manufacturing in the US and Canada, paying high wages and guaranteeing worker protections at several times the cost of Chinese or LatAm labor, instead of handing those profits over to shareholders. They chose not to do so for the past half century, and this is the result. American companies could pivot to do this today.
Americans are kinda arrogant to treat Mexico as a backdoor, it is not enough they are treating latin America as backyard. Mexico car market is big enough to make Chinese auto salivate, and that is what BYD exactly kept saying, BYD is there for Mexico.
Trump said he will be tough on borders but it's also said he will convince Mexico to increase tariffs on China or he will punish Mexico. Trump will go full throttle on Mexico experts say
China treats East Asia as its backyard. China actually makes territorial claims on other its neighbor's lands.
180 million people, baby
130M is the Mexican population
China is willing to invest in Mexico as their gateway to Central America. There is a HUGE amount of money on the table if Mexico wants to partner with China. If not, China will find another.
Brazil too. Brazil has a BYD manufacturing plant and when that plant is completed, electric cars will explode in Brazil.
I would have worded it differently.
@@metricstormtrooper 😂
Should Mexico ban buying chinese vehicles if it pleases its citizens or compel them, as an act of masochistic serfdom, to buy overrated, technologically obsolete and very expensive Us cars?
Sounds to me like the Mexicans are hiding some weapons of mass destruction, wouldn't you say?
A large chunk of us cars are made in Mexico, so it would be in their interest
No Bans are terrible for everyone.
@@BeKind-ve4idChinese king
@@lchpdmq The average MEXICAN can no longer afford US cars, just like the average CANADIAN can no longer afford them.
The difference is ... the Mexicans are smarter than the Canadians, and don't "bend the knee" to their US Lords.
Affordable EV are the best choice for the peoples of Latin America..
Of course, production is subsidized by the Chinese government. Are any of their cars manufactured in Latin America?
@@Lagoost if the Chinese government is subsidizing these EVs, that isn’t fair. They are gaining market share partially because the Chinese government is subsidizing them.
It is simple economics. The Chinese cars are cheaper and higher technology than other cars. Many of the cars are still gas or hybrids, but there are a lot of EVs as well. BYD setup big sales rooms around Mexico City. The cars are better than US and European EVs.
If that is the case, then why was the Tesla model Y the best selling car in the world last year? Of any type? They do not have the quality just yet. Getting there agreed, but you a premature in your judgement; it’s not all about price either; otherwise the European brands would be dead years ago - but they will die out faster than American brands with the coming EV tsunami.
The best way for China to get EVs in the U.S. quickly is to build car plants here.
@@RandyP-jr1ek First, in fact BYD outsells Tesla globally and the gap is growing. As for Model Y, in the US, there is limited choice of EV (and most things) at high prices compared to China and Asia which are spoiled for much more choice at much lower prices. Limited choice in US explains the sale numbers of Model Y, as in contrast there are 100+ EV makers sharing the market in China and Asia.
Almost all recent engineering breakdowns show that Chinese EVs are notably superior to US and EU ones in both quality and technology today (even the Ford CEO who drives a Xiaomi said so recently). China sells more vehicles both domestically and globally than every other coutnry now. The best quality Tesla EV's are the ones made in Shanghai. Even Musk said on CNBC that his Shanghai Tesla plant outmatches his US plants for productivity, quality, and efficiency.
Finally, as for Tesla sales, see what happens next year if there's a trump trade war and China bans Tesla from China and Asia RCEP. Tesla sales will crater and the company will lose money. Asia has 5-billion consumers compared to 0.5-billion in north america, and Asia is growing faster too, especially in the middle class which is the prime demographic for these products.
@@RandyP-jr1ekI think byd has recently overtaken them in sales numbers.
I test drove Teslas. The model 3 and Y were designed to be mass market cars. They have excellent specs, but the interiors are really cheap. I bought a Kia EV6 for myself. It has the luxury car interior and handling feel I like.
In Mexico, most people want the cheap cars. Most people don’t make much money, that is why many products are made in Mexico, and many more since the pandemic and the supply chain issues with China. The Chinese cars are much cheaper, and very good quality than Teslas. You don’t see many Teslas in Mexico.
Why is Mexico buying cars from China seen as a threat, while buying cars from the US is just fine?
because china is a real threat!!! chinese would eventually claim mx's land as chinese states, i.e. california, texas and god forbid "new" mexico.... lolol
Mexico wants their cake and eat it too
Should be obvious. China look at us as a threat too. Ever wonder why China still has not approved Tesla’s self driving in their country yet.
@@benmlee Tesla is known to sell their car with few testing. You should know that Tesla had done tons of recalls for the theirs cars every other year. China takes care of their people, safety is very important.
hypocrisy
Unless Mexico has explicitly broken a rule of NAFTA, whatever they do should be honored by the other parties, it's called the rule of law. The US is getting foreign semiconductor firms to set up in the US, should Mexico have a say in this. And what about US tech firms having practical monopolies in many countries. What's with all the double standards fuss about Chinese firms.
You are dealing with an evil imperialist capitalist authoritarian government north of your border. If they can steal your land, they will do anything to steal your rights.
Heh, you think the US will follow the rule of law. Didn't they just assassinate people until they got the candidate they wanted?
You can't reason with bandit who kidnaps the daughter of a competing company's CEO
Trump abolished “rule of law.”
Mexico can import Chinese cars and sell them in Mexico by NAFTA regulations, but those Chinese imported cars can't be trans-shiped (drop-shipped?) into the USA from Mexico. Same with shipping to Canada. Similarly the USA can't let a semiconductor manufacturer ship completed chips to the USA then directly to Mexico, but they can let TSMC, Samsung, or other semiconductor manufacturers make chips in the USA then ship those to Mexico. Its a little more complex than that so vehicle might be under a different set of rules.
Mexico is just smart
Not only Mexico but alsoall of South America. BYD is the mayorseller but there are several China manufacturers in S A.
Mexico for Central America. Brasil for South America. Assuming they want to work with China.
True 💯. U.S. lost a market in Latin America due to their arrogancy, ignorance, and lack of interest...not China's or Mexico's fault. China, the EU, and the US are far from being saints. Stop the hypocrisy. This is about about power struggle, greed, and relevancy on the world stage. The regular Joes l will always continue to pay for the broken dishes of their politicians and elite. The China-US-EU trade war is not an exception.
Isn't BYD the company with all the EV battery fires?
@@michaelkatz275 i dont think so , in my country every 1 in 4 vehicles are byd now they are literally everywhere the same happen with huawei now honor cellphone brand , out of nowhere and they were everywhere.. nobody wants to buy a ford to spend 4x in gasoline than corolla for example and now byd is amaizing look i dont like the ccp but this is good thing. since my country is really small a battery fire will be on the news they sell byd since 4 years ago and none battery fire i dont know if they are selling us the best ,, but i think byd is one of the safest the blade batteries are the best in the market
@@michaelkatz275 No, that's Tesla.
The potential of XAI93x is unreal! Excited to see where this goes after watching your video!
Just joined the XAI93x community after watching your video! Excited for the journey ahead!
Stop punishing consumers with the stupid tariffs. Yes, you will save some domestic manufacturing jobs, but protectionism is detrimental to all, in the long run, especially consumers. And it's not like we're talking about drugs or alcohol. These cars are fantastic technology that's good for the environment! We should encourage, not hinder, buying more electric cars. And if the Chinese are winning the race in technology and price, then so be it. It's called a free market, something Republicans used to support.
Thanks. Similar dynamics in Israel- Chinese cars rose in the market from 0% 6 years ago, to 22% in 2024, and about 80% of the EVs sold are from China (including Tesla).
Thanks for posting. Didn’t know Israel also imports so many Chinese EVs.
I have visited Mexico and the Chinese cars are everywhere. There are BYD dealerships in many of the smaller cities already.
I solely believe XAI93x will do 20x after its launch price, the hype is high and its community are not relenting.
What car does America or Canada make that the average Mexican can afford? It's not rocket science
What car does America or Canada make that the average American can afford? Hint, same answer. LOL
When you say that car exports to the US are crucial for Mexico, you forget about that Mexico's cheap labor is crucial to US businesses. Ford's Mach-e and the Chevy Bolt were built in Mexico to keep cost down. Build them in the US and no one will be able to afford them.
Bolt was built in USA with US and Korean components. Redesigned Bolt will also be manufactured in USA with made in USA Ultium battery.
The Chinese cars can be driven into San Diego by a Mexican resident, but cannot be legally imported or cannot stay longer than one year.
They are not certified: Federal Motor Vehicle Safety Standards (FMVSS)
Any insurance that will provide coverage for it in the USA?
@@Kenndy16 no unless it's 25 yr old car
Well stated. That certificate is required before Canadian certification. No China company has tried to sell autos in Canada for this reason…
age 72 here,, Have you noticed yet,, that the Automobile industry seems unable to ever see a disaster coming? It's repeated over and over, with the Government bailing them out. This time is different,,
Wise words. It's true. Every decade the auto industry gets a bail out...same for the banking industry.😬
I saw the same thing growing up in Michigan's automotive industry during the 60s and 70s. Our government should not give out loans or bailouts but instead offer to subsidize automobile manufacturers with technology and price point goals if manufactured in the USA. Similar to what was provided to TSMC, Intel, Samsung, and Micron through the CHIPS and Science Act Funds
I’m so old, I saw it in the steel industry!
@edwardlawrence5666 Corporate greed sold mines and natural resources plants to China. Is that the Chinese fault, too?
Then you must have witnessed the shipbuilding industry in the United States.
I think Mexico refuses to have tariffs. The United States would have massive inflation if a tariff was on everything imported from Mexico.
NAFTA already lays out import rules from Mexico to US. These cars sourced in China would definitely be tariffed if new, and extremely difficult to import used because of regulations around importing used vehicles
The risks are much higher than inflation. There is a chance of a trade war similar to the one that set off the Great depression.
What problem? Mexico's free tariff policy enabled Mexicans to buy good value Chinese cars as intended. If US citizens decided to buy 2nd hand Chinese cars from Mexico, they are within their rights. A free people aren't they?
The American philosophy is if you can't compete cheat
Any car sold in the U.S. or Canada is required to have at least 80% North American content.
@@michaelkatz275No. Only Tesla and Honda Ridgeline can meet that threshold as of the 2024 model year offerings.
Its not that simple. The NAFTA agreement has certain regulations for certain products, and one of those categories of products is vehicles going across the international border.
well, someone has to be the number one supplier of cars. Why not cheap efficient electric cars rather than stinky ice cars.
Doesn't Mexico have a pollution problem? .. i assume this would help.
If Trump doesn't like this, why doesn't he do what USA normally does for nations that don't do as they're told and change Mexico's president.
😂😂😂😂😂😂😂
Don't give the Trump bunch any ideas ... with Rubio as Secretary of State they'll naturally want to overthrow the Mexican government anyway ...😂 let alone given a new incentive to block Chinese car sales.....
That's laughable, Chinese nationalistic 'bully' mentality. Thats like how the first island chain nations off the Chinese coast won't do as the CCP tells them to do so China sends the PLA forces out to be belligerent and bully & threaten them. The USA negotiates with its neighbors, it doesn't tell them what to do and threaten them with military force if they don't.
Electricity can be generated by many sources especially solar panels. Petrol has no substitute.
Walking
This is an increasingly important factor in/for Mexico, as it is not self-sufficient in petroleum (combination of dwindling proven reserves, and corruption/mismanagement by Pemex). Gas prices there are high, and rising -- a couple of months ago prices I saw averaged about $4.37/gallon (based on the $1 to 20Peso exchange rate), and this in a country with a median salary of about 1/3 of the US level.
Electrification isn't a perfect solution either, with 67% of Mexico's electricity being generated by fossil fuels. However Mexico currently produces 31% of its electricity from renewables (compared to about 21% for the US), and has a large areas that are suitable for photovoltaics).
@@BioniqBobnot practical the Mexican heat for distances over 4 miles.
@@BioniqBob Exactly!
@@macmcleod1188 Did you know that Mexico experiences cooler temperatures during the winter?
You forgot to mention of the mega port that China just opened in Peru. Bypassing totally the US.
Another Chinese Debt Trap.
@@michaelkatz275 I would welcome debt traps when debt traps make everyone in my country rich. Wouldn't you?
@@michaelkatz275 Another American propaganda comment
@@bellyfilled887 oh yeah. Better than US policies!
@@bellyfilled887 Once you have bought into the debt trap, everything will eventually be owned by the Chinese.
When the car runs good and affordable, of course, everyone will flock to it. I am still waiting for one day BYD will come here to California. I'll buy one in a heartbeat.
I want a BYD right now!
👍
Excellent news for Mexican drivers, fill your boots before the political crazies put a stop to them like they did in Europe.
They're great cars.
I love how you broke down the XAI93x project in your video! Can’t wait to see it soar!
China gains market share: Sam 😁🎉
I wish we have Chinese cars in America. Sick of overpaying for cars here.
Mexico wants better cars for better prices. That is what they are getting. :) even Ford CEO says that.
Sure you could drive a Chinese car from Mexico to the USA, but you won't be able to register it or get license plates because they have not gone through the department of transportation tests or met crash test & safety guidelines. You can bring one over for research, but you can't register it.
What if you lease the Chinese car from a Mexican company which owns and registered the vehicle?
😊
Oh my goodness, the electric vehicle community is stunned! Some non-experts have been talking about that and the tariff of consequences on Mexico and their Chinese investors. Next, the EV community will be stunned as to why subsidies are being dropped! Outraged! Shocked! Caught unaware!Come on people.
You really bring good content. I enjoy every time. Thanks. 🖖
I appreciate that!
Brazil is next.
Mexico protects its US market by imposing a 20% tariff on Chinese EVs. Then gives the consumer a 20% EV incentive rebate. That might be fun!
I guess one of the questions is does Mexico care?
$100,000 for a truck in America? No thanks.
One extra sale for China is ONE less sale for everyone else. ie NO AMOUNT of tariff can save the US and European manufacturers.
Yo Viking bro, its not just Mehico - Here in South Africa, Chinese automakers are going bangbusters too - a combination of high specs, long warranty and really competitive pricing as compared to what you'd get for the same price from the traditional established brands, has caused consumers to really flock especially in this time of constrained spending.
South Africans love their pickups too and if / when BYD release their shark here next year, I imagine its going tto be the makings of another blood bath for the regular players.
German car manufacturers can get stuffed in South Africa, locally manufactured prices sold locally are 20-30% more than export prices. Germans milking gullible South Africans. Same with french, garbage first Renault production batch are dumped in SA. Euro and Japanese brands can go bankrupt
I live on the border myself. If I crossed to Juarez and bought a Chinese EV, I think there would be trouble getting it registered back home. You'd have to have an Emissions and Safety Standards document for the car for one thing. I doubt the Feds will be giving these out to Chinese vehicles. It would also be a pain getting it serviced.
How is the car? Do you like it?
There are no emissions on electric cars, to be honest your ridiculous 25 year rule is a joke, especially when the population goes on about freedom.
The freedom to be exploited by big business.
Same on Chinese X ray machine. Refuse to process application for aviation use, so no Chinese X ray machine in US & its ally airport. At least two years already.
Manufacturers pay a LOT of money for US certification. No pay, no sell…
Electric Viking what a name!!
I think the name is Samuel R. Evans.
D: mexico willingly adopted chinese cars
In Australia, Chinese made cars represented 0.9% of new car sales in 2018. In 2020 they made up 3.3%, in 2022 11.4%. Last year 15.9%. My bet is in 2024, close to 20% of the 1.2 million new car sales will be from the PRC. Australia has no local car industry. BYD Seal and Dolphin recognised as two of the safest in the world in an ANCAP comparison.
Stelantis is not a US car company. It is a European conglomerate that bought American brands like Jeep and Chrysler.
European
I hope Mexico gives the US "the finger". Mexicans need cheap, clean, transportation.
With China's help they can also transform their power grid quickly to solar and battery storage.
The US, on the other hand, is offering relatively expensive cars and does not have the ability to put in the solar infrastructure Mexico needs.
Mexico needs to look to the future. China is the rising economic global power in the world while the US is diminishing quickly. While Mexico will always be able to sell cheap produce to the US, the US cannot supply in quantity and cheaply the things that Mexico needs to move forward as a nation.
If the US forced Mexico to choose, I think enlightened (AKA not bought off) Mexican leaders would choose China. Mexico, and its entries into Latin America, is the perfect place for Chinese businesses to expand.
Well said!
8:00 if it is intended to stay in the USA it must be registered in the US State, which will not allow registration as it does not meet the rules. The government literally confiscates foreign vehicles improperly registered and crushes them.
😊
There are Chinese Tesla Model Y in New York. I saw several of them riding for Uber and Lyft.
Same as Thailand. No domestic brands but local assembly. If the one country sleeps on EVs go with the one that doesn’t. Why wait for losers?
😊
Lots of sunshine in Mehico Viking, go speedy Gonzales!
Jorge is pronounced horhay in Spanish.
There is a guy on youtube living in Texas who is currently buying a BYD Shark in Mexico and taking it back to Texas…He is doing a how to video…his channel uncle dee productions
Call really comes down to the protection of the American dream
George Carlin: "The American Dream ... you have to be asleep to believe it." 😂
Thanks Sam
Any time!
Mexican here. Everyone in my family bought a Chery SUV. We all come from a VW, the problem with it is that they got absurdly expensive and they kept offering less and less equipment, despite being manufactured in Mexico. However, it still is rare to see Chinese cars on the streets, specially EVs. The most sold Chinese car has to be an MG 5, as most consumers still don't trust the quality of Chinese cars. However, Chevy is bringing most of their cheapest cars from china, which could explain why the numbers reported.
98,,, ha ! Yu out of mindless,, MG being also manufactured in China...? Yes or no?. Quality is DEBATABLE ALSO? Hey!.?
hahahaha. cheapest cars is WuLing .
@@asleytamkei7507 I'm not stating that the MG 5 is a quality product, in fact, it is somewhat unrealiable, however, it is so cheap that a lot of families are buying one either for personal use or as Ubers. As a chineses car consumer, I do feel that quality (speciall post service) is not on par with traditional brands, however, Chineses automakers are here to compete and is reassuring to see how fast the improve of their products and services. Traditional brands got way to complacent with their products and prices and Chinese brands hit them hard.
What you described is what needs to happen in the US. Since cars are sold with a low, mid, and high end specification, you often find the mid to high end ranges having significantly more equipment, while costing much more money. As a consumer, you just feel like you're being squeezed for every dollar.
@@asleytamkei7507 MG has been owned by a Chinese company for 17 years. All MG cars you see around the world are made in China. Oh, and there are also Volvo cars. There will be more and more in the future.
The customer is always right, if the Americans want affordable EV’s and their favourite companies are not making them, they will get them from elsewhere.
Why not. The west always used poor countries to manufacture stuffs not necessary affordable to improve local population or their economies. China is selling cars that average Mexicans can affords and to help to move their economy.
... because the West this time seems to be the poor...🤔
Mexico has introduced various incentives to promote EV adoption, including tax benefits and subsidies.
Infrastructure Development: Efforts are being made to improve EV infrastructure, such as charging stations, which is crucial for wider adoption.
👍
With the stupidly expensive prices and plunging quality of legacy automakers, if the US opened its markets, the same thing would happen in just a few years... America really has no good options for new vehicles now and the crashing domestic market is now really showing that.
I heard something about instead of building a giant wall around the Legacy automakers use money from a modest tariff to help them innovate and develop to compete better. A win-win for everyone
Tesla is unable to build affordable models, How can they ever compete with chinese
None of the US companies do. GM imported Korean compacts. Ford gave up on affordable cars almost entirely.
@@ZweiZwolfthat's amazing since most of those cars are produced in Mexico for their cheap labor
....and South East Asia too I reckon.
That's great
Ironic. Wanting to put >100% tariffs to stay in the "free trade" aggreement.
Let's not forget that Ev car is also move to Brazil. They don't need to send the car to North America, they just use the money earned from export etc to buy them. U can stop the product to come to your own people but u can not stop the flow of money
Mexico should now be negotiating with Chinese to build cars or batteries
My favorite cars in China are: MG Cyberster, Arcfox S5 AWD, Hyptec GT & SSR, YangWang U9, IM L6, Mazda EZ-6, Hozon GT, Roewe D7, Onvo L60, Venucia VX6, Landian E5 Plus, Geely Galaxy E8, and iCAR V23.
Go test drive any of the cars I mentioned, you will be very pleasantly surprised.
China currently has more than 140 car brands, making them the most competitive market, thus in order to survive, manufacturers need to take customers' feedback more seriously and offer better products at lower prices.
US automakers would loose their shit if the US taxed imports.
But not taxed, trump tarrifs, trump voters win higher prices.
Sam, Ford CEO Jim Farley drives a Xiaomi EV! Loves it...
Mexico is doing a good job cause this coincides with Mexico’s rapid growth and y would Mexico want to stop this growth
I don’t want an EV, but I own stock in BYDDY and XPEV.
WE CAN'T AFFORD A CAR ANYMORE HERE IN CANADA WITH THE INSANE PRICES ON EVERYTHING HERE . WORKING PEOPLE CAN'T EVEN AFFORD AN APPARTMENT OR HOME ANYMORE ' THATS WHY WORKING PEOPLE ARE ACTUALLY LIVING ON THE STREETS OR IN THEIR OLD GAS CAR UP HERE . GREEDY COMPANIES WANT 80 TO 100 THOUSAND $ FOR OUTDATED GAS JUNK . FOOD IS TOO EXPENSIVE TO BUY .
I know there are some affordability problems in Canada just like everywhere else but your comment is wildly inaccurate!
@@douglasgray3206he is frustrated speaking out his experience, who are you to say its inaccurate, so your rich white canadian friend just bought a new porsche and canadians should be all doing fine?
The manufacturers really need to catch up soon. I absolutely am not interested in seeing our roads ending up having cars like those in Cuba.
EVs will be 100% of all cars in the world soon enough
Stop it, 😂🤣it's making me wet 🤣😂myself.ua-cam.com/users/sgaming/emoji/7ff574f2/emoji_u1f923.png
NEVs will be the overwhelming share outside America, growing fast.
Interesting how quickly the landscape is changing. Can’t wait to see what happens next in the North American market. 🤔
Mexico can't block imports from China easily; a far too large share of the manufactured goods it exports to the US are made using Chinese materials and parts, if they aren't just rebadged Chinese products. It would take years, if not decades, to move the supply chains out of China, which even if successful could drive costs sharply up. As for car tariffs, a sudden price rise on EVs just after a new Mexican president was inaugurated, one who campaigned on climate change (among other things), would be political kryptonite, so I guess the new president will try to figure a way to make any transition gradual and will block any US-style 100% tariffs on Chinese cars.
Also, the Chinese want to make car parts in Mexico; this way they can not only supply Chinese brands opening factories in Mexico, but also fight for contracts supplying the non-Chinese brands exporting to the US and Canada.
BTW, just a reminder that Mexican wages aren't just lower than US and Canada wages, but also are currently lower than Chinese wages. If the secret sauce to China's competitive EV prices was low wages then Made in Mexico EVs would be even cheaper than the Chinese ones.
Those are all great points. Particularly on wage comparisons between China and Mexico, and Claudia Sheinbaum's scientific background. It would be bizarre for this Mexican government to discourage the sale of EVs in Mexico with high tariffs if they're serious about lowering greenhouse emissions and addressing air pollution in Mexico City.
Mexican wages are roughly the same as Chinese wages, but China has much better infrastructure and automation, so their efficiency is far higher.
South America to follow.....
Bring in the cheap cars. Americans need their cars. We don't need 80k luxury self driving monsters controlled by a crazy billionaire
Boycott Elon
He like many others like him don't give a 💩.
Yes Elmo totally supports High tariffs and protectionism.
@@ernest5171 fElon
It's definitely good for Mexican consumers. It would be good for US consumers.
Hopefully this will result in U.S. automakers scrambling to compete with cheaper, better EV's, PHEV's etc. Competition is a good thing.
Nope. They'll hire more lobbyists to lean on politicians.
Did you ever think the USA just doesn't want EVs at all? Current ICE-powered vehicles are much more convenient to own and operate, with plenty of gasoline filling stations everywhere and service/repair shops. And gasoline/diesel powered vehicles outperform EVs as work vehicles by quite a bit. EVs will be a percentage of the USA market, but they will not dominate the market. The USA is a consumer driven economy, the government doesn't dictate what the consumer market will make available (or not available) to consumers.
I believe that if you look into the details you will find that it talks about the country where the part is manufactured and that the amount of parts must be made in Canada, U.S. or Mexico. It is not enough to only assembled there.
There are no BYD, etc. dealers and service centers in the USA and Canada. Bringing Chinese cars into the USA and Canada will not threaten car sales in the two countries because there is no one to service and repair them. It makes sense for Mexico to import Chinese cars because they are affordable. Don't panic until required.
Geely Volvo / Polestar and GM Buick import and service Chinese-built cars across the USA today.
Enjoy living in the 20th century
I think Mexico is smart enough to go with the tech trend (full EVs). Like Australia, they don't have a domestic auto industry to protect. Other consequences are secondary to this. Tech first. Politics second.
The free trade agreement generally refers to goods manufactured in the free trade area. I think you might need to do a little research on your claim that the vehicles can be transferred to US tax free. There are also detailed rules on the amount of construction that must be done in the free trade area.
amigo smart great......chano is your friend
Sam, I commented a couple of months ago that China would hit 30% in the Mexican new car market by the end of the year. I also mentioned that 60% of vehicles sold by GM in Mexico are made in China (SAIC). There are at least 4 mid-sized Chinese pickups available. Note: seems the Chinese are so busy building cars that there are no parts being exported from China. Btw, GM sells a couple Chinese built cars in the US, one is a Buick SUV. Regarding electric cars in Mexico there is no market for them yet. Mexico needs a few dozen mini nuclear power plants asap, Chinese ones :) and thorium would be fine. Regarding your comments 2 minutes in and later I suggest you avoid politically oriented statements or questions. Cheers!
EVs are flying under the radar in the developing world because they can be charged with rooftop solar instead of fueling with expensive imported gasoline. Mexico will install Chinese solar, then wind.