يجب على الصين الرد على أمريكا 🫤 عليها منع المنتجات الأمريكية من دخول الصين 🤷🏻 والسيارات الكهربائية الصينية الاكثر تطورا والارخص سوف تسيطر على العالم ولا يمكن لأمريكا فعل شئ بهذا الشأن 🥲
When the US wins the competition, the US never said overcapacity, never allowed other countries to impose tariff on US product. Free market, democracy, competition are the jargons. Once it loses the competition, all are broken. Hypocrisy at its best.
"never allowed other countries to impose tariff on US product" This makes no sense. No country can magically stop another from imposing tariffs. America has been in plenty of trade wars with other nations, it's part of doing business.
US cars faced tariffs entering china and europe.... trump literally wanted 0% tariffs for both directions, he increased tariffs because china and europe refused to drop them
The US like competition ONLY if they can win BUT if they can't win it will revert to PROTECTIONIST. Chinese EVs are affordable and well equipped and the US manufacturers know they cannot compete on price, standard inclusion or quality.
The exact same people who are trying to keep out affordable cars are the ones saying Americans don’t want EVs. If there is no demand then why keep them out?
Americans don’t want EVs because of the price. But Americans might be willing to switch to electric cars if the price is only $11,000 for a Chinese EV. That is what American car manufacturers are afraid of.
@@LaureanBotDragan Lose your job if you work for Ford or GM, cheaper EVs would mean consumers have more money to spend on other things and would significantly improve the US economy overall. The US put the tariffs on due to lobbying from auto industry.
I’m an American working for one of the top chinese EV companies in China. For years Chinese consumers would buy imported cars from other countries with a 30-40% tariff because they didn’t trust nor like homemade vehicles. That was until the government pushed and incentivized manufacturers to improve quality and design of their cars to get the consumers to buy home made. If the US wants to win this war the government has to be serious and apply the same strategies to help manufactures to improve quality and cost. We can’t rely on American companies to do that on their own, they are far too greedy and accustomed to high payouts. All the major US car manufacturers are so used to bullying the consumers by dropping quality year over year and increasing prices to what it used be standard is disgusting. American companies ripping off American people. The moral of the story is that the Chinese EV industry is strong because it has a strong government that supports the industry. I invite anyone to come to China and just test any of the evs here and chat with their sales people. You’d be blown away all the incentives the government gives to help buyers choose a home made vehicle.
not gonna happen! Western "Capitalism" EVERYBODY in the "Western supply chain" wants their pound of flesh and ride off into the sunset! Thats how the entire West got here!
We'd be blown away the things Chinese people were able to fake or lie about, since that's very much the culture there, unfortunately. So one has to wonder about the truthfullness of anything salespeople or companies, let alone the Chinese government says.
@@MrJonas7Countries that lead the world in 44 critical technology* sectors: 1. China = 37 2. USA = 7 3. UK = 0 4. Germany = 0 5. Japan = 0 *In fields like defence, space, robotics, energy, the environment, biotechnology, artificial intelligence (AI), advanced materials and key quantum technology areas Source: Australian Strategic Policy Institute (ASPI) **India leads the world in the field of cow husbandry, which is neither a technology nor critical
@@MrJonas7 you do realize that pretty much everything you own is made in China right ? Both good and bad products. Which btw the cheap products you mentioned are the ones that American companies commissioned China to made in order to save costs? Don’t just textbook reply what the media feeds you. I would still invite you to come and test the cars yourself. The more you keep up with this behavior the more you validating American companies in ripping you off with cheap made products at high prices
I worked in Canada and drove many US made cars. To be frank, they were atrocious. Now the Chinese have arrived with top quality ev's and the US car makers have freaked out and told their stooges in government to essentially ban them. This all speaks for itself really. Fair competition is unfair as far as the US is concerned.
With the arrival of Chinese made, the local produced cars have to improve its quality and standard, and that eat into their profit. That's against what the US manufacturers want.
AMERICANS HAD NO PROBLEM.WHEN FORD GM AND ALL WESTERN CAR COMPANIES DOMINATED THE CHINESE MARKET FOR 40 YEAR MAKING HUNDREDS OF BILLIONS ANNUALLY..ONCE CHINESE CAR COMPANIES ARE OUT PERFORMING WESTERN CAR COMPANIES THIS IS AS PROBLEMS LETS CLOSE DOWN OUR MARKETS.THE DOUBLE STANDARD AND HYPOCRISY IS SICKENING.
Becuz Tesla greatly benefits the chinese EV industry and the whole country of china due to Teslas super advance technology. Chinese EV makers don't bring anything of value to america, they will only get rich from us cuz we dont take chinese yuan, rubles or pesos.
Dont forget, we didn't ban vinfast factory in america. Their vehicles sukk, so americans didn't buy them. Byd, nio and all others will suffer the same fate so they will resort to price cutting that will destroy everybody.
I find it so funny that the country that was doing all sorts of propaganda about the Free Market, sending its Chicago School of Economics professors (Milton Friedman) all over the globe to spread that message. Doesn’t hesitate to not follow its ideologies when it isn’t in their favor.
Because the United States only sells "free trade, market economy, globalization, invisible hand, neoliberalism, capitalism" when americans gain the upper hand, Through the behavioral logic of Americans, I can predict that as it becomes increasingly difficult for the United States to oppress China, the United States will also give up "free speech, media freedom, human rights, fairness, impartiality, neutrality, and morality." soon. and completely take off the coat of values.
@myhome772 “friendly ally and partner” I’d say that the accurate term is vassal. As for EVs, personally I’m a petrolhead (manual transmission), I will hold off buying an EV for the longest time.
I am an Indonesian. I used to drive Lexus ES300h. Three months ago, I switched to BYD Seal Performance. Guess what. I never drove my Lexus (it is still in my garage) again since I prefer to drive my BYD Seal. Its entertainment screen is amazing. I can watch videos when waiting for my wife buying groceries in an airconditioned car without worrying of CO intoxication.
@myhome772 China imposes an import tariff of about 15% on complete vehicles from Western countries, unless it's a high-emission vehicle, which, according to the Western emphasis on green initiatives, should be phased out anyway. However, the U.S. imposes a 100% tariff on Chinese EVs.
@@Robbert_nl The US and EU, under the pressure of the auto industry lobbying. And the next step will probably to postpone ICE ban. However climate warming cannot be postponed, on the contrary, the later we act the more CO2 and so the more difficult it will be.
@@didierpuzenat7280 ‘The West’ is not an entity. Brands are actually protesting against tariffs. If environment was so important to China (or you) then it would made many more changes. Keep trying.
@@Robbert_nl Of course it is not all about the environment. The point is to act for the environment *and* the industry, and it is the case with EVs replacing ICE cars. And it is not just cars, China is investing in trains, solar, battery, etc. The goal is not to return to stone age but to develop a sustainable economy. BTW, I own an EV (US made, while I am French), but on a daily basis I am going to work with public transportation, as my wife and my children. And building a wide and reliable public transportation is also a huge industry. And EVs are not just good to fight climate change, but also pollution, and pollution costs a lot to EU and China. And honestly, I do not know any brand in the US or EU protesting about tariff, or just to avoid repercussions from China where they try to sell cars, but at the same time they are lobbying for tariffs. The only exception is probably Tesla.
Lazy , greedy , slow , no vision ,no major leap - US automakers. Now they need protectionism from the Govt. so the consumer is stuck with high priced sub standard cars , it is scary how legacy automakers have just given up cuz they know they already lost this fight.
@@mortenh.o.703 Go read more, research more , see more Chinese EVs which I’m sure you haven’t. Ignorance is bliss. BTW VW already closed their factories in China and will lay off workers in Germany , the first time in 87 years. Go figure.
@@mortenh.o.703 If you have done a little reading , legacy car makers of US, Germany and Japan have lost 40% or more mkt share in China , the biggest auto mkt in the world with 24M cars sold per yr. They have been forced to lower prices by 20-30% but still sales is dropping drastically. Chinese EVs make 50% of the cars sold atm and increasing. Don’t be lazy , go read more before making stupid comments.
More than a decade ago, people knew that fuel vehicles would be eliminated. Japan has a huge amount of government subsidies for new energy research and development every year, but unfortunately, the Japanese made a wrong bet, they chose hydrogen energy. And the US government has a VERY VERY VERY VERY slow response in thinking of the future. Now, they just resist change with shameful trade protectionism, absolutely shameful!!!
@myhome772RAV4 prime is mid at best and only dumb Americans would think it's normal to spend 38k on a mediocre car like that. 38k you can get a Zeekr 001 with 416 HP, heated & cooled front and rear seat, big space, 35 in HUD projection and much more. That's like me bragging about how great my blackberry phone is in a world of smartphone users
Yes, and it is probably why Tesla was not in the picture. The issue is not about US EV industry, but about legacy automakers making money with big ICE SUV and big ICE trucks rather than investing all on the only possible future. BTW, hybrids and PHEVs are ICE vehicles, so more and more investments on the wrong technology. And Tesla can definitively make a quite cheaper version of the model 3, will less margins, more "hard plastics", lower performances and so narrower tires and smaller brakes, etc. But legacy automakers make more money on big vehicles, sold with credits over decades !
are you nuts? the problems with chinese EVs is they get totalled when receiving a minor incident. because they're so poorly built it cant be fixed, or it's made intentionally this way or they dont have spare parts.
In Thailand here, you can see Chinese EVs on every corner of the street. American people, sad for you guys paying more but settling for a secondary quality product while giving lots of profits to the Wall Street for a 0.1% of the population.
@@fpetren if you go by CCP propaganda then that's totally true including articles they buy out in western media. If you honestly think China is outperforming nearly all tech sectors suddenly, you drank too much of the Communist koolaid
Your numbers are a joke. Middle East wars cost the US $8 trillion or $8000 billion and estimated $6.5 billion in long term costs like veteran care and interest.
Why do American car companies love selling to China, but hate Chinese cars in the U.S.? Because they like their cars to travel, but when Chinese cars try to come here, it’s like, “Whoa, buddy! No reverse parking allowed!” 😄
Is this a serious question? Of course we want to sell goods to our rivals and also reduce the sale of our rivials goods. That is 101 whether for a nation or for a corporation.
They sell cars made in China, not a single car was imported from USA. If China set up factories within US then tariffs would be 0% but the price would not be so attractive any more.
chinese government release EV development plan in 2004, even before tesla release their first car. the goal is to reduce pollution in china. all EV producers received subsidy, even tesla. now, roughly 100 EV car brand are competing each other to stay afloat. just for scale, BYD (the biggest) employing 90k engineers. catl (biggest battery manufacturer) have 18k engineers.
@@gaocori7413 90K is just the engineers. BYD has the largest R&D department among all carmakers, with about 104K employees (there are more people in R&D besides engineers); that is almost twice as much as the second place in R&D headcount, VW, has.
And It worked, I was in China back in March and I could actually see blue clear skies and sun set ,oh, there's minimal noises on the road because of EVs
Due to the China tariffs, U.S. legacy automakers can focus more heavily on producing internal combustion engine vehicles. US will be at least a decade behind China in EV adoption and innovation.
@myhome772 Most don't want EVs. People like the ability to drive and not have to stop and charge for hours. Only takes a few minutes to fill up with gas.
@myhome772 Renewables are one of the biggest wastes of money in our lifetime. Solar and wind produce a relatively small amount of energy for a very large cost. The best would be to produce energy with nuclear power, if we are really serious. Electric vehicles and all the wind and solar to power them will cost us trillions, and we will go broke trying to pay for renewables and all the government subsidies needed to pay for them. If you think inflation was bad in the last few years, wait until we are forced to move everything with EVs. Get ready for massive shortages of everything, and prices through the roof.
@myhome772 If people want to drive an EV, fine with me, but the problem is that Dems want to ban gasoline and diesel powered vehicles and force everyone and everything to move by EVs. I hope you like growing your own food, because you won't have much to choose from when you go to the grocery store and there is nothing but empty shelves.
@@Luka_3D Why are you asking me that? Every car I've owned has been used. Of course I would consider a used vehicle if the price was right and everything checked out.
@@CyborgZetaI wouldn’t dare buy a used EV. The value in the car is the battery. Most people are not going to buy a used EV. At least until they can come up with a cheaper way to change an EV battery. A new EV battery cost nearly as much as a new EV car.
Ford and GM were too slow in adopting EV's and instead focus on making large $60,000 SUV EV's and expensive electric Ford Lightning pickup trucks because they make more profit on larger vehicles. Ford and GM could care less about making affordable electric cars for the masses. So, I say allow affordable Chinese EV's from companies like BYD to sell their EV's in the US. If Ford and GM go out of business because they can't compete, it's their fault.
Ford practically stopped building cars. But China can sell cars in the US. Just build them in US factories. Why should the US not apply the same rules China applies? Come to USA, build factory, joint venture, tech transfer. What’s wrong with that?
@@TheBooban Nobody in their right mind would tech transfer to USA. Tesla did not tech transfer to China, nor Mercedes, BMW, Porsche or anyone anywhere.
This administration is putting so many families in difficult situations, And the low income people in our country suffer to survive I thank Mr Mark, imagine investing €1000 and receiving €7950 in 3 days.
How long can the US government keep shielding their auto industry and continue allowing domestic vehicles to be sold at ridiculously high prices? How long can the US consumers tolerate it knowing or beginning to know that quality alternatives at affordable prices exist outside their borders? Also, how will the US car makers plan to compete outside their own domestic market where consumers are not restricted from buying Chinese cars?
t’s true that the prices of cars in the U.S. have a lot of people talking, especially with more affordable options popping up globally. Competing on the world stage, where restrictions don’t exist, could really push US automakers to step up their game. Thanks for sharing your thoughts!
Why no mention about "how" the tariffs against Japanese cars failed in the early 80's. Even the arch conservative Reagan pulled the tariff when he saw US auto weren't adapting, they were just wind falling the opportunity.
There's a more interesting example in cleantech: Obama's solar panel tariffs. At the time the US had roughly half the market share of solar-grade polysilicon (the processed material solar cells are made of), but China was starting to dominate solar panel manufacture, so the US imposed tariffs of more than 250% on Chinese solar panels; not only this completely failed in jumpstarting the US solar panel industry, China imposed counter-tariffs on US polysilicon that decimated US production, so now China controls close to 90% of the solar-grade polysilicon production.
230B over 10 years also includes investments by the car companies themselves and consumer incentives , not just manufacturers subsidies (US call those funding, tax breaks, inflation-reduction act etc). Don't be disingenuous, DW.
You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.
China can sell unsubsidized EVs to the US, Canada and EU and compete on quality and nil carbon emissions. All other countries will enjoy subsidized. EVs. Question is, Will US, Canada and EU remove tariffs or create new excuses , like National security threat"..... to still block the higher priced China EVs? Obvious!
What about the US$119 billion in tax breaks US govt gave to local EV producers just a few months ago. For all intents and purposes a tax break is technically a subsidy.
The US automakers keep releasing $70k+ EVs and then complaining that their is no demand. Lol The govt and companies don't care about the environment either, it's all about greed and the dollar they worship. Vehicle prices are absolutely ridiculous now.
The same rule that says Russian invasion of Ukraine as an illegal war of occupation, and American invasion of Iraq, Libya, Syria, Vietnam, Afghanistan as a war of freedom. When you control the media, you can call it anything you want..
Of all the points made in this video, there is still the most important point of WHY we need EV's. We seem to think climate change and the overall health of the earth comes second to corporations' profits and automakers jobs. This is a CRISIS and we aren't acting like it.
I have a Toyota Corolla. It will last me another 20 years. I will not pay $60K for an electric living room on wheels, when I only want a cheap and reliable transportation. Greed is the reason they don't want the Chines EVs. How much profit is there in an $11k car? How much is the profit on a $60K Tesla? There's your answer.
Lol you would have been one of those narrow-minded Americanz who vowed never to buy any Japanese car. Why didn't you buy a Ford or GM instead if you were so patriotic?
to be honest, there isn't that much profit on Tesla's car sales, 95%+ of the profit comes from selling their quotas to other crappy manufacturers that can't adjust in 10 years and otherwise must pay gargantuan fines. So Tesla is basically a quota- and not a car- manufacturer
So, It's important to let consumers have choices and make their own decisions. ICE lovers go for ICE, EV lovers go for BEV/PHEV. Why the Govt. should stop us from making our own decisions???
US can't compete because their number one concern is paying out Corporate Bonuses or dividends to shareholders. Companies first used stocks/shares as a way of raising funds to improve and grow a company that made something to sell to the consumer. Stocks/shares are for trading to artificially raise the share prices at certain dates that correspond to Corporate Bonus evaluation time. The US and many western countries have economies that are based on F.I.R.E. ie Finance, Insurance, Real Estate. It is all generated by key strokes and not by actually producing a tangible product. US GDP is a distortion when an increase in share prices are counted as growth or the increase in premiums for insurance policies is added into GDP growth.
US is lagging behind China in many aspects including high speed rail, 5G going to be 6G, solar panels etc. etc. But instead of cooperating with China, US arrogant but gullible political leaders chose to be antagonistic and banning exports of high-end electronic chips and instruct Dutch company ASML not to sell its EVD machines nor doing any after sales services to China, much to the detriment of US and Dutch cooperations. When China is able to produce her own chips and EVD machines which are for sure, Western cooperations shall blame and curse stupid US policy similar to ordering them pulling out of Russian market at the start of Ukraine war.
The United States imported approximately 70,000 made-in-China Ford, Volvo, GM new vehicles in 2023 (By the way, China exported a total of 4.91 million vehicles in 2023, the United States only accounts for 1.4% of China’s auto export market share and almost no Chinese brand ). Not a single Chinese domestic car manufacturer has taken the initiative to officially sell their cars in the US. 102.5% tax on Chinese EVs， Go ahead. That must “hurt” China a lot. The US is not the center of the world. 30 094 767 new cars were sold in China in 2023 ( 8.1 million of them were electric vehicles ) , meanwhile only 15 604 278 new cars were sold in the usa (1.4 million were EVs). The US is expected to subsidize Tesla with $34 billion between 2023 and 2030. This isn’t even including the other subsidies that Tesla is going to receive from previous policies. Meanwhile, the Chinese government has subsidized BYD between 2018 and 2022 with the whopping “massive amount” of $ 3.7 billion. So the American company got subsidized 10 times more than the Chinese company, out of the $119 billion in battery subsidies GM got about $21 billion, the truth is the US regime is subsidizing their electric vehicles way more than China is. On November 30, 2023 GM announced record $10 billion stock buyback, more than it’s spending on UAW raises- as its electrification push stalls (Source Bloomberg). That share buyback from General Motors was just q4 of 2023, $10 billion, they get $20 billion in subsidies and they spend $10 billion giving that money back to shareholders. The money isn’t going to innovation like it should, the money seems to go these bloated bureaucratic corporations where they take the money give it to shareholders or give it to executive bonuses or management teams that don’t know how to build a car, get so complicated convoluted they just can’t do business competitively anymore. They don’t need to, instead of being forced to be competitive, being forced to actually spend the money on R&D and producing a high-quality product, they just put a 102.5% tariff on anybody that they cannot compete. Source CNBC, IRS USA, congress.gov.
What’s going in the US. A lot of money is tied to gas production. A lot of congressman take lobby money from gas companies. Most of the other countries in the world are embracing the EV market. We are not. If we don’t start to embrace EV production the US will decline further!!
Or simply say, rich people control the US and want to maintain their 1% status. They already pushed the poverty line higher with money shared to Chinese products, now there are more products coming, how would both the rich people react, and would the middle class people being pushed down still support this structure.
Nightfall over America is happening now. Started with the Plaza accord signing in NYC between Japan and Detroit automobile industry. It’s been down hill ever since! Actually the down slide started when Nixon decided to take the US dollar off the gold standard in 1972 and then refuse to give France and Germany back it’s gold in due order! The dollar’s value today is less than 10% of what it was back in 1972!
Charging on the road is no longer an issue with the latest BYD using a small gasoline engine dedicated to battery charging. BYD demonstrated 2,100 km of range using a full tank of gasoline and fully charged battery.
That is just a stopgap measure until charging infrastructure catches up. A BEV is safer, quieter, and cleaner than a PHEV, even those that (like BYD's) are more like an EV with a generator than a regular hybrid, and within a couple years should also become cheaper to make (because battery prices are still falling).
Chinese lower EV prices are not simply just govt support, but also NOT having to pay enormous profits to shareholders. This is a hidden cost factor on many expensive products, including iPhones.
American's 100% tariff on Chinese EVs is very short sighted. This action actually harms mass EV adoption and EV development in the US while benefitting the petroleum interests. The smart way to protect the US domestic auto industry is to figure out a way to use the growth of the EV market to fund the transition of the US auto industry away from the ICE age. The most efficient way to do this could involve imposing a special sales tax on imported Chinese EVs (i.e. 15% ~ 20%) and use this money to fund domestic auto manufacturers. A lot of imported Chinese EVs could be sold even with a special 20% sales tax on top of them. This could generate a huge pool of fund for the US government to fund Ford and GM's transition to EVs. At 100% tariff, not a single Chinese EV will be sold therefore the US government wouldn't get a single penny which means zero funding for Ford and GM.
Back in the 2000s the Chinese knew they couldn't beat the Germans or Yanks with combustion engines design, but they also had the foresight (and lack of political clown circuses) to see that their strengths and the future relied on electronic and battery engineering.
China needed to reduce air pollution from exhaust pipes of petrol and diesel engined cars and acknowledged that it was far behind in developing it,s own internal combustion engines .It decided to move to what it saw as the next best solution ie development of battery tech and electric motors. The govt did meet and inform all legacy automakers back in 2004 that it was moving in that direction, so they had plenty of time to do so to meet the competition. Instead they rested on their laurels thinking that Chinese companies would not be able to do so. Now they act shocked as if it was sprung on them out of the blue. They deserve to lose market share because if the US govt did not protect them consumers would vote with their wallets and put legacy auto out of business anyway.
The Paris Climate Agreement has brought tremendous pressure to China's development of the electric vehicle industry. In order to stimulate the competition mechanism in the electric vehicle market, China invited Tesla to build a super factory in Shanghai. Tesla's success in China has driven the innovation of many electric vehicle manufacturers, but many joint ventures, such as Shanghai GM, Shanghai Volkswagen, Guangzhou Honda, etc., have lost market share because they have not kept up with the transformation of electric vehicles. Enterprises survive in competition and perish in comfort. Only the fittest survive.
The answer why is simple... China must import all oil, but can generate electricity from wind and solar , green and less dependable on foreign partners
US EV vehicles are also government subsidized, you get tax breaks for buying US made EVs, so spare us the BS that Chinese vehicles are the only ones that are government subsidized.
Not many years from now, the China will dominate commercial planes as well, the Chinese already dominate the ship building in term of number of ships they have been built.
Then the US might sanction to protect Boeing and probably even have the US government to force to shut down a Boeing plant where black workers are they outperform the other US plant to blame on the black workers for Boeing’s flaws.
The real problem for US and Europe are that they can't sell their cars in China anymore, Chinese now have better and cheaper alternative. BTW, 50 years ago, US were facing the cheaper Japanese car competition, how can the US auto industries still facing the same competition from China?
It was my understanding that the tariffs were designed to prohibit the importing of Chinese vehicles from mainland China to America, but it does not prevent a Chinese automaker from setting up manufacturing in Mexico or North America and selling their cars to US citizens! Also they are not completely banned from selling in the US because the Buick Envision, Lincoln Nautilus, Volvo S90 and Polestar 2 are Chinese made models that are sold in the US.
I'm in the UK and live near a town with many car parks. Only one of the car parks has 4 ev charging stations (car park has 1500 spaces). None of the EV chargers work.
China has over a hundred auto companies. The US has about a half dozen. That tells you all you need to know about why Chinese prices are low and quality is high.
There is no Chinese car certified in US, tariff is nothing but political propaganda. Chinese EV is only 2% in EU, the tariff is also political motivated. Big Chinese EV market is in ASEAN Australia New Zealand South America and Mexico.
Also most other Asian countries (BYD even has a factory in Uzbekistan), Central America (Costa Rica, for example, has 25% EV market share, almost all of which are Chinese cars), Africa (Ethiopia banned the import of ICE cars, so almost all new cars are either Chinese or made locally with Chinese parts), and the Middle East (both Israel and the Arab countries have China as the main supplier of EVs). Essentially most EVs are either from Chinese brands or else made in China everywhere except the US, Canada, Europe, Japan (tiny electric Kei cars from Japanese automakers dominate the EV market there), and South Korea (though a third of EVs sold in South Korea are already Made-in-China). And the absence of Chinese EVs certified for sale in the US is mostly due to the tariffs and political pressure. Remove the tariffs and you will likely see quite a few Chinese cars entering the US market in short order; keep the tariffs but remove the political pressure and you will see Chinese brands open factories in Mexico to make there not just the cars, but enough of its parts to qualify as a fully made-in-Mexico car under the free trade agreement.
The US spent $2.4 trillion in the military sector in 2023. Imagine just a fraction of that were put back in helping the US manufacturing & infrastructure.
After the introduction of Chinese vehicles in Australia, the prices of both EV and ICE vehicle have dropped, and consumers are the beneficiaries of competition (including those people who have not bought Chinese vehicles).
@@jogana6909 Of course, they were introduced after the pandemic that caused supply-shortage and price inflation that swept the world. The EVs are supposed to be cheaper because they require fewer parts, but was artificially inflated as a result of the chaos out of China.
*CHINA:* - build their own space station .. - build their own EUV lithography machine .. - already have 3mn chip - made the safest and affordable EV cars ....
Government subsidies to the EV industry is probably just another excuse. The US government can also subsidize its own EV industry to make it more competitive if it's so concerned with protecting the environment. But rather doing that the US prefers to put all their "investments" in the sale of military hardware which only causes death and destruction to other countries. It all comes down to PROFITS for the big corporations and staying # 1 in the world. Talk is cheap when it comes to protecting the environment and doing what's best for the PEOPLE. It's so sad! 😭😭
@@p__qnot if Trump wins! He’s clueless with macroeconomics. He’s a simpleton who doesn’t even understands how tariffs hurt the buyer and not the seller!
I drove a BYD EV in Thailand and the quality and performance was excellent, plus loads less expensive than any of the EVs based out of the USA. I would avoid EVs in the USA, but here in SE Asia where it never gets cold and electricity rates are low, they work.
By the time the big 3 can even make a 25k EV, BYD will have a 5k car with the same amount of range, they are simply improving faster, the only one that can actually put up a fight though is tesla and no one else, America is very much a technology consumer focused, they love technology and tesla plus Chinese cars offer that but no one else does, not at the same level atleast
I’m Australian. I’m 100% behind people being able to buy EVs. The more people driving them the better. If every car and light truck on the planet was replaced with EVs, it would reduce world CO2 emissions by 4%. As long as I am not subsiding the purchase of other wealthy peoples new cars, Or their expensive insurance, or the cost of their road maintenance, Or their battery recycling at the end of life, Or the infrastructure for chargers. Or the upgrades to the power grid.
Because they cannot pay their CEO. You are either standing on the side of the 1% who pushes the poverty higher to keep their status (the brother who bully you), or the other country (the classmate you hate).
Stop exploiting consumers is that simple. Consumers should not buy cars for a few years till this industry can learn that ppl is not willing to buy American cars for 60-100k, it’s not Mercedes or BMWs stop it. Can’t wait to get my Chinese cars in 3 years and help the environment.
Tesla is mentioned only one minute before the end of the video (24:17). What a joke. How can DW make a 25 minutes video on the US and EVs without including Tesla in the argumentation.
Reagan invited Toyota to build car factory in USA, to push for competition while creating jobs.why did China invite Tesla to build super factory in Shanghai? simple, to bring in competition.
DW is like CNN in the US, it pushes woke narrative and Musk is not part of it. Just like CNN, DW is always about politics and any story can be spined in the right direction.
Short answer: American entitled, expensive and inefficient workers can never compete against their hardworking Chineese rivals. As such automobile manufactured in America is crazy expensive and not competitive in the market
I live in California, and i see people trading ev for gas and hybrids. Tesla isnt selling well anymore. We have high electric cost in some areas. Charging is a big inconvenience. Hot climate is killing range. Battery replacement cost is scaring people from buying used ev.
How might President Trump's policies influence the Chinese EV industry's plans and strategies for entering or expanding within the U.S. market?
يجب على الصين الرد على أمريكا 🫤 عليها منع المنتجات الأمريكية من دخول الصين 🤷🏻
والسيارات الكهربائية الصينية الاكثر تطورا والارخص سوف تسيطر على العالم
ولا يمكن لأمريكا فعل شئ بهذا الشأن 🥲
When the US wins the competition, the US never said overcapacity, never allowed other countries to impose tariff on US product. Free market, democracy, competition are the jargons. Once it loses the competition, all are broken. Hypocrisy at its best.
They wrote the book on hypocrisy, and have a PhD in the same subject.
"never allowed other countries to impose tariff on US product" This makes no sense. No country can magically stop another from imposing tariffs. America has been in plenty of trade wars with other nations, it's part of doing business.
US cars faced tariffs entering china and europe.... trump literally wanted 0% tariffs for both directions, he increased tariffs because china and europe refused to drop them
The US like competition ONLY if they can win BUT if they can't win it will revert to PROTECTIONIST. Chinese EVs are affordable and well equipped and the US manufacturers know they cannot compete on price, standard inclusion or quality.
Well said bro
The exact same people who are trying to keep out affordable cars are the ones saying Americans don’t want EVs. If there is no demand then why keep them out?
Americans don’t want EVs because of the price. But Americans might be willing to switch to electric cars if the price is only $11,000 for a Chinese EV. That is what American car manufacturers are afraid of.
Those affordable cars will make loose your job and much more!
@@LaureanBotDragan then invite them to build factories like what the EU is doing?
@@jack-oi8do they could be spy and steal American technology and ip
@@LaureanBotDragan Lose your job if you work for Ford or GM, cheaper EVs would mean consumers have more money to spend on other things and would significantly improve the US economy overall. The US put the tariffs on due to lobbying from auto industry.
I’m an American working for one of the top chinese EV companies in China. For years Chinese consumers would buy imported cars from other countries with a 30-40% tariff because they didn’t trust nor like homemade vehicles. That was until the government pushed and incentivized manufacturers to improve quality and design of their cars to get the consumers to buy home made. If the US wants to win this war the government has to be serious and apply the same strategies to help manufactures to improve quality and cost. We can’t rely on American companies to do that on their own, they are far too greedy and accustomed to high payouts. All the major US car manufacturers are so used to bullying the consumers by dropping quality year over year and increasing prices to what it used be standard is disgusting. American companies ripping off American people. The moral of the story is that the Chinese EV industry is strong because it has a strong government that supports the industry. I invite anyone to come to China and just test any of the evs here and chat with their sales people. You’d be blown away all the incentives the government gives to help buyers choose a home made vehicle.
not gonna happen! Western "Capitalism" EVERYBODY in the "Western supply chain" wants their pound of flesh and ride off into the sunset! Thats how the entire West got here!
We'd be blown away the things Chinese people were able to fake or lie about, since that's very much the culture there, unfortunately. So one has to wonder about the truthfullness of anything salespeople or companies, let alone the Chinese government says.
@@MrJonas7Countries that lead the world in 44 critical technology* sectors:
1. China = 37
2. USA = 7
3. UK = 0
4. Germany = 0
5. Japan = 0
*In fields like defence, space, robotics, energy, the environment, biotechnology, artificial intelligence (AI), advanced materials and key quantum technology areas
Source: Australian Strategic Policy Institute (ASPI)
**India leads the world in the field of cow husbandry, which is neither a technology nor critical
@@MrJonas7 why so mad? Struggling to cope?
@@MrJonas7 you do realize that pretty much everything you own is made in China right ? Both good and bad products. Which btw the cheap products you mentioned are the ones that American companies commissioned China to made in order to save costs? Don’t just textbook reply what the media feeds you. I would still invite you to come and test the cars yourself. The more you keep up with this behavior the more you validating American companies in ripping you off with cheap made products at high prices
More cheap Chinese EV's=Less Use of Oil=Less Need for War=Less Weapons=Less $ in US Politicians pockets, no wonder they are opposed to them!
China's fossile fuel subsidies in 2022 was over $270+B which enables cheap energy and overcapacity. The US was only $3B.
The US government is controlled by oil companies
Less money for the Muslim Brotherhood, based in the Middle East oil producing countries…. 🐫
China subsidies Green transition Not fossil fuel
Deep state, or military industrial complex, runs the country.
I worked in Canada and drove many US made cars. To be frank, they were atrocious. Now the Chinese have arrived with top quality ev's and the US car makers have freaked out and told their stooges in government to essentially ban them. This all speaks for itself really. Fair competition is unfair as far as the US is concerned.
If US don"t want Canadian lobsters, they can eat UK prawns. 😁
@balkanleopard9728 Top quality? You mean the drugs you are using?
Chinese EVs are not too quality. Are you dreaming ???
Yep. And Justine Truedoh is completely on-board. That's left-wing government for you.
With the arrival of Chinese made, the local produced cars have to improve its quality and standard, and that eat into their profit. That's against what the US manufacturers want.
AMERICANS HAD NO PROBLEM.WHEN FORD GM AND ALL WESTERN CAR COMPANIES DOMINATED THE CHINESE MARKET FOR 40 YEAR MAKING HUNDREDS OF BILLIONS ANNUALLY..ONCE CHINESE CAR COMPANIES ARE OUT PERFORMING WESTERN CAR COMPANIES THIS IS AS PROBLEMS LETS CLOSE DOWN OUR MARKETS.THE DOUBLE STANDARD AND HYPOCRISY IS SICKENING.
The western gas thousands regulations and workers have rights, health and safety etc…that China has nothing of this! Try harder 🤯
Very well put!!👍👍
Totally agree.
Please close down the chineese market. It will be the best for everyone on the planet.
I needed to turn down my volume to read your comment
Tesla succeed in Shanghai Giga Factory
But
USA banned of all Chinese EV factory in USA
@@Gusti-i1r tesla was allowed into chyna for business espionage reasons . Chyna didn't have an ev industry prior to tesla entry
Becuz Tesla greatly benefits the chinese EV industry and the whole country of china due to Teslas super advance technology. Chinese EV makers don't bring anything of value to america, they will only get rich from us cuz we dont take chinese yuan, rubles or pesos.
Dont forget, we didn't ban vinfast factory in america. Their vehicles sukk, so americans didn't buy them. Byd, nio and all others will suffer the same fate so they will resort to price cutting that will destroy everybody.
No they didn’t. Is this channel sponsored by the CCP?
Tesla's Shanghai Giga Factory has Chinese battery sourcing requirements.
I find it so funny that the country that was doing all sorts of propaganda about the Free Market, sending its Chicago School of Economics professors (Milton Friedman) all over the globe to spread that message. Doesn’t hesitate to not follow its ideologies when it isn’t in their favor.
it's not funny. it's disgusting.
@@BusinessandFinance-ym5bk I was being sarcastic.
@@Salisboury I was being realistic.
Because the United States only sells "free trade, market economy, globalization, invisible hand, neoliberalism, capitalism" when americans gain the upper hand,
Through the behavioral logic of Americans, I can predict that as it becomes increasingly difficult for the United States to oppress China, the United States will also give up "free speech, media freedom, human rights, fairness, impartiality, neutrality, and morality." soon.
and completely take off the coat of values.
@myhome772 “friendly ally and partner” I’d say that the accurate term is vassal. As for EVs, personally I’m a petrolhead (manual transmission), I will hold off buying an EV for the longest time.
I am an Indonesian. I used to drive Lexus ES300h. Three months ago, I switched to BYD Seal Performance. Guess what. I never drove my Lexus (it is still in my garage) again since I prefer to drive my BYD Seal. Its entertainment screen is amazing. I can watch videos when waiting for my wife buying groceries in an airconditioned car without worrying of CO intoxication.
what model year is your lexus?
We call BYD cars "Burn Your Driveway" for a reason. It'll break down and self-ignite.
@@KitKitChanIsaachater always hate even you couldn't buy byd at all
Lmao, dont ever buy one then. Stick to your word kid. @@KitKitChanIsaac
Mantap jon
Has anyone noticed everything has gotten more expensive since this tariff war began. Going broke !
Yes, it is. Everything is expensive now!
Unfortunately it will only get worse
When war breaks out 2025 Extreme naval battles
Soon no imports at all from across sea
The US goverment subsidizes "defense" companies over 700 billion a year yet china not allowed to give 12 bill a year to EV market ??????????????
Don"t forget, the profits go to their pockets.
When consumers pay for the 100pc tariffs, that tax somehow also goes to the.
@myhome772 China imposes an import tariff of about 15% on complete vehicles from Western countries, unless it's a high-emission vehicle, which, according to the Western emphasis on green initiatives, should be phased out anyway. However, the U.S. imposes a 100% tariff on Chinese EVs.
@myhome772 Shut up bot.
Kerana syarikat pertahanan milik zeonis warga Amerika harus tahu.
Tesla is getting part of that 12 bill. Can you imagine a Chinese defense contractor, or any Chinese manufacturer, gets subsidies now in the US?
The West freaking out about the environment then put on 100% tax on cheap clean tech from China 😂
Who is ‘The West’?
@@Robbert_nl The US and EU, under the pressure of the auto industry lobbying. And the next step will probably to postpone ICE ban. However climate warming cannot be postponed, on the contrary, the later we act the more CO2 and so the more difficult it will be.
@@didierpuzenat7280 ‘The West’ is not an entity. Brands are actually protesting against tariffs. If environment was so important to China (or you) then it would made many more changes. Keep trying.
@@Robbert_nl Of course it is not all about the environment. The point is to act for the environment *and* the industry, and it is the case with EVs replacing ICE cars. And it is not just cars, China is investing in trains, solar, battery, etc. The goal is not to return to stone age but to develop a sustainable economy. BTW, I own an EV (US made, while I am French), but on a daily basis I am going to work with public transportation, as my wife and my children. And building a wide and reliable public transportation is also a huge industry. And EVs are not just good to fight climate change, but also pollution, and pollution costs a lot to EU and China. And honestly, I do not know any brand in the US or EU protesting about tariff, or just to avoid repercussions from China where they try to sell cars, but at the same time they are lobbying for tariffs. The only exception is probably Tesla.
Climate Crisis... 😂😅😆🤣
Lazy , greedy , slow , no vision ,no major leap - US automakers. Now they need protectionism from the Govt. so the consumer is stuck with high priced sub standard cars , it is scary how legacy automakers have just given up cuz they know they already lost this fight.
excluding Tesla
@@pelosilee9451 Agree
BS
@@mortenh.o.703 Go read more, research more , see more Chinese EVs which I’m sure you haven’t. Ignorance is bliss. BTW VW already closed their factories in China and will lay off workers in Germany , the first time in 87 years. Go figure.
@@mortenh.o.703 If you have done a little reading , legacy car makers of US, Germany and Japan have lost 40% or more mkt share in China , the biggest auto mkt in the world with 24M cars sold per yr. They have been forced to lower prices by 20-30% but still sales is dropping drastically. Chinese EVs make 50% of the cars sold atm and increasing. Don’t be lazy , go read more before making stupid comments.
So much for the land of the free. The American consumer will be the collateral damage.
transcribethis AI fixes this. US fears Chinese electric cars.
More than a decade ago, people knew that fuel vehicles would be eliminated. Japan has a huge amount of government subsidies for new energy research and development every year, but unfortunately, the Japanese made a wrong bet, they chose hydrogen energy. And the US government has a VERY VERY VERY VERY slow response in thinking of the future. Now, they just resist change with shameful trade protectionism, absolutely shameful!!!
In Singapore.. We love China Ev.. They are the best
@myhome772are you getting paid by Toyota or something?
Spamming your lust for your Rava4 isn't going to change anything
@myhome772RAV4 prime is mid at best and only dumb Americans would think it's normal to spend 38k on a mediocre car like that. 38k you can get a Zeekr 001 with 416 HP, heated & cooled front and rear seat, big space, 35 in HUD projection and much more. That's like me bragging about how great my blackberry phone is in a world of smartphone users
@myhome772shut up and spend your time better instead of spamming everywhere with same stpd sentence.
Me too. I have a BYD Atto 3 here in Australia.
BYD Song Pro in Brazil. Top quality.
I drive BYD car in Thailand.The price is very good.The quality is very impressive.
Your tofu dreg BYD might self-ignite soon. We call it "Burn Your Driveway" for a reason
how much was your car？
i agree, the quality if way higher than american cars i admit. i have seen their EVs and yes, i understand why we ban them
How's the price??
The car manufacturers don't want a car that is low maintenance. They also don't want anything that will force prices to go down.
Yes, and it is probably why Tesla was not in the picture. The issue is not about US EV industry, but about legacy automakers making money with big ICE SUV and big ICE trucks rather than investing all on the only possible future. BTW, hybrids and PHEVs are ICE vehicles, so more and more investments on the wrong technology. And Tesla can definitively make a quite cheaper version of the model 3, will less margins, more "hard plastics", lower performances and so narrower tires and smaller brakes, etc. But legacy automakers make more money on big vehicles, sold with credits over decades !
The American car manufacturers don’t want a car that sells for $11,000. That’s what scares them.
You absolutely nailed it 👌
Prices are going down because they charge way too much for their crap.
are you nuts? the problems with chinese EVs is they get totalled when receiving a minor incident. because they're so poorly built it cant be fixed, or it's made intentionally this way or they dont have spare parts.
In Thailand here, you can see Chinese EVs on every corner of the street. American people, sad for you guys paying more but settling for a secondary quality product while giving lots of profits to the Wall Street for a 0.1% of the population.
Previously, Thais only bought Japanese cars. With the arrival of Chinese cars, this situation is changing rapidly
Free market, until competition is better
Freedom and democracy, until it's not convenient😅
They are jealous of china
lol…
In all aspects afraid about their shitty quality Harley-Davidson going out of business to CF Moto a company that makes better quality products.
Jealous of China copying European and American technology? 😅😅😅
@@iFryTubemay be you missed the point that China is leading in 37 of 44 most important technology ahead if the US and EU.
@@fpetren if you go by CCP propaganda then that's totally true including articles they buy out in western media. If you honestly think China is outperforming nearly all tech sectors suddenly, you drank too much of the Communist koolaid
Meanwhile we wasted 1000 billion on the Iraq/Afghan wars.
ALL US presidents, Take note!
Your numbers are a joke. Middle East wars cost the US $8 trillion or $8000 billion and estimated $6.5 billion in long term costs like veteran care and interest.
Make that trillions. We've passed the billions mark a decade ago.
1000 Billions? It was over 6000 Billions lol.
1000 billones? Go back to School
Why do American car companies love selling to China, but hate Chinese cars in the U.S.? Because they like their cars to travel, but when Chinese cars try to come here, it’s like, “Whoa, buddy! No reverse parking allowed!” 😄
Is this a serious question? Of course we want to sell goods to our rivals and also reduce the sale of our rivials goods. That is 101 whether for a nation or for a corporation.
"No reversed parking" - l like your sense of humour or scacasism.
@@seowkhoontan9534 "scacasism"?
Totally agree with you
They sell cars made in China, not a single car was imported from USA. If China set up factories within US then tariffs would be 0% but the price would not be so attractive any more.
The more you push back and block stuff, the more backwards you go. The moment you decide to defend you have alredy lost
Imagine if we had spent that trillion dollars from the Afghan war in our auto industry, we’d have flying cars by now
But wars make more money for shareholders of the MIC.
你说的没错，你们的政府把更多的资金用在了对外战争。中国政府这四十年间把更多的资金用在了内部发展，这就是区别。
Blackrock : 😡😡😡
chinese government release EV development plan in 2004, even before tesla release their first car. the goal is to reduce pollution in china. all EV producers received subsidy, even tesla. now, roughly 100 EV car brand are competing each other to stay afloat. just for scale, BYD (the biggest) employing 90k engineers. catl (biggest battery manufacturer) have 18k engineers.
Correction:900K employees in BYD
@@gaocori741390 Thousand engineers, 900 Thousand employee's.
@@gaocori7413 90K is just the engineers. BYD has the largest R&D department among all carmakers, with about 104K employees (there are more people in R&D besides engineers); that is almost twice as much as the second place in R&D headcount, VW, has.
And BYD make over 80% of their EV parts in house. That's one of the big reasons they control their cost low.
And It worked, I was in China back in March and I could actually see blue clear skies and sun set ,oh, there's minimal noises on the road because of EVs
Due to the China tariffs, U.S. legacy automakers can focus more heavily on producing internal combustion engine vehicles. US will be at least a decade behind China in EV adoption and innovation.
US is terrified of the political donor class going bankrupt. The last thing it worries is affordable EV's for consumers.
@myhome772sh^t the f.. up. You are everywhere with your stpd.. sentence.
@myhome772 Most don't want EVs. People like the ability to drive and not have to stop and charge for hours. Only takes a few minutes to fill up with gas.
@myhome772 Why charge at all when you can use gasoline?
@myhome772 Renewables are one of the biggest wastes of money in our lifetime. Solar and wind produce a relatively small amount of energy for a very large cost. The best would be to produce energy with nuclear power, if we are really serious. Electric vehicles and all the wind and solar to power them will cost us trillions, and we will go broke trying to pay for renewables and all the government subsidies needed to pay for them. If you think inflation was bad in the last few years, wait until we are forced to move everything with EVs. Get ready for massive shortages of everything, and prices through the roof.
@myhome772 If people want to drive an EV, fine with me, but the problem is that Dems want to ban gasoline and diesel powered vehicles and force everyone and everything to move by EVs. I hope you like growing your own food, because you won't have much to choose from when you go to the grocery store and there is nothing but empty shelves.
At least Chinese EV makers invested in public transit in many countries, unlike Tesla.
That EV conversion guy is 100% on point. I'd love to hear him talk some more, on any subject.
China is now two decades ahead of US in EV and battery supply chains.
不要吹牛逼，领先了一点不是太多。谦虚点。
@@uriulanov8520 no ones bragging except the exceptional West!!
This is true. America is stuck with old tech if you act me, if China could give us EV’s n the $20k range they would fly off the shelf!
It's three decades ahead in just about everything. The US is rapidly becoming a failed state.
@@Aggie4life77 true 个头啊，你哪里来的，吹牛逼不交税。
I'd consider an EV if you could get a sedan for less than $25,000. You won't get something like that from an American manufacturer though.
Would you consider buying used?
@@Luka_3D Why are you asking me that? Every car I've owned has been used. Of course I would consider a used vehicle if the price was right and everything checked out.
On paper, electric car is cheaper than a combustion car to be produced. So it says a lot on the manufacturer.
@@CyborgZetaI wouldn’t dare buy a used EV. The value in the car is the battery. Most people are not going to buy a used EV. At least until they can come up with a cheaper way to change an EV battery. A new EV battery cost nearly as much as a new EV car.
Dude are you from the US? A Toyota cost 40k+ for the crappest model, Land Cruiser is 80+ sienna is 60+ lol 😅
Ford and GM were too slow in adopting EV's and instead focus on making large $60,000 SUV EV's and expensive electric Ford Lightning pickup trucks because they make more profit on larger vehicles. Ford and GM could care less about making affordable electric cars for the masses. So, I say allow affordable Chinese EV's from companies like BYD to sell their EV's in the US. If Ford and GM go out of business because they can't compete, it's their fault.
We are banning all EV in america. We will kick Tesla out and send it to Mexico to compete with byd.
Ford practically stopped building cars. But China can sell cars in the US. Just build them in US factories. Why should the US not apply the same rules China applies? Come to USA, build factory, joint venture, tech transfer. What’s wrong with that?
Detroit and the rust belt are in zombie state. Either there is new blood or the USA keeps its zombie state.
@@TheBooban
Nobody in their right mind would tech transfer to USA. Tesla did not tech transfer to China, nor Mercedes, BMW, Porsche or anyone anywhere.
@@KatariaGujjar You think China did it all themselves? Everything was tech transferred, what are you talking about? nvm, don't answer, no point.
This administration is putting so many families in difficult situations, And the low income people in our country suffer to survive I thank Mr Mark, imagine investing €1000 and receiving €7950 in 3 days.
Wow that's huge, how did you do that?
I'm 32 and I have been looking for ways to be successful, please how?
Mark Hutchinson's expertise is truly commendable. He has this skill of making complex crypto concepts easy to understand .
I think I have come across this name before, please how do I reach this Mr mark?
He usually interacts on telegrams...
How long can the US government keep shielding their auto industry and continue allowing domestic vehicles to be sold at ridiculously high prices? How long can the US consumers tolerate it knowing or beginning to know that quality alternatives at affordable prices exist outside their borders? Also, how will the US car makers plan to compete outside their own domestic market where consumers are not restricted from buying Chinese cars?
t’s true that the prices of cars in the U.S. have a lot of people talking, especially with more affordable options popping up globally. Competing on the world stage, where restrictions don’t exist, could really push US automakers to step up their game. Thanks for sharing your thoughts!
Why no mention about "how" the tariffs against Japanese cars failed in the early 80's. Even the arch conservative Reagan pulled the tariff when he saw US auto weren't adapting, they were just wind falling the opportunity.
It did not fail completely, tariffs made Japanese companies open factories in USA and sell cars as a domestic product and therefore no tariffs.
@@mlynto I agree they were incentivised to do this. But Reagan pulled the tariffs anyway because Detroit was taking the piss
There's a more interesting example in cleantech: Obama's solar panel tariffs. At the time the US had roughly half the market share of solar-grade polysilicon (the processed material solar cells are made of), but China was starting to dominate solar panel manufacture, so the US imposed tariffs of more than 250% on Chinese solar panels; not only this completely failed in jumpstarting the US solar panel industry, China imposed counter-tariffs on US polysilicon that decimated US production, so now China controls close to 90% of the solar-grade polysilicon production.
@@mlyntoToyota plants used to be in Fremont California but since moved out, to Mexico I think.
As a world class media, you should send reporters to China to see the real picture.
On this one, DW does not appear as a "would class media", not at all.
DW is a propaganda machine who follows American agendas.
DW is a propaganda machine who follows American agendas.
DW is a propaganda machine who follows American agendas.
@@didierpuzenat7280 DW is a propaganda machine who follows American agendas.
230B over 10 years also includes investments by the car companies themselves and consumer incentives , not just manufacturers subsidies (US call those funding, tax breaks, inflation-reduction act etc). Don't be disingenuous, DW.
??
You are correct.
When you cannot fight the competition.The only way is to ban.
American is complaining China state support for their industries.... But they are doing the same...
Just like the Chinese are complaining about foreign import tariffs while they’re doing the same.
You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.
China can sell unsubsidized EVs to the US, Canada and EU and compete on quality and nil carbon emissions. All other countries will enjoy subsidized. EVs.
Question is, Will US, Canada and EU remove tariffs or create new excuses , like National security threat"..... to still block the higher priced China EVs? Obvious!
Which thief will tell you he stole.
@@lawrencecheong29 EU doesn’t block Chinese cars. Stop spreading fake news.
What about the US$119 billion in tax breaks US govt gave to local EV producers just a few months ago. For all intents and purposes a tax break is technically a subsidy.
119 billion dollars? 😂😂😂
A subsidy by another name.
@Robbert_nl yes even a Vietnam company vinfast
@@remix-yy1hs You realize he made this up right?
Don't forget the bailouts to GM etc during the US caused GFC either.
There are already tons of BYD buses running everywhere everyday in the USA ! Has any of you noticed?
I have even noticed in UK
Buses made in USA that is.
Stanford University School Bus
The other video has comment mentioned those are very well made for Canada, and also bought few from US brand, which stopped working.
@@mlyntoUSA made the electric buses? LOL.
The US automakers keep releasing $70k+ EVs and then complaining that their is no demand. Lol
The govt and companies don't care about the environment either, it's all about greed and the dollar they worship.
Vehicle prices are absolutely ridiculous now.
Weakening demand in the US? Really? Drop the tariffs on the Chinese... let's get some popcorn while you do that.
The US is scaring itself. Nothing more than that.
@myhome772 ， But an RAV4 Prime, nice or not, is not any EV.
Weren't tariffs bad? I thought the US asked everybody else to remove their tariffs. Or ... do those "rules" only apply to others?
Yes Tarrifs are bad.
And it will harm USA
The same rule that says Russian invasion of Ukraine as an illegal war of occupation,
and American invasion of Iraq, Libya, Syria, Vietnam, Afghanistan as a war of freedom.
When you control the media, you can call it anything you want..
GOP now believes Tariffs are good. Smoot Hawley are now GODS 😂😂😂😂
American 'car engineering' died with Henry Ford a century ago. I once travelled in a Buick and thought I mistakenly got on a boat instead.
🤣🤣🤣🤣🤣🤣🤣 this one got me laughing... they were too complacent thinking that the world revolves around them
Make TOYOTA Tundra Great Again 😎 Scotty Kilmer
Lol, this one got me laughing hard.
Since Buick is number 1 in china for decades and the ccp worships them. You're saying chinese people are a bunch of backward boat people?
Classic! Gold!
Of all the points made in this video, there is still the most important point of WHY we need EV's. We seem to think climate change and the overall health of the earth comes second to corporations' profits and automakers jobs. This is a CRISIS and we aren't acting like it.
EXACTLY
By refusing electric cars, they are falling further and further behind the technology available in the world, now they are all Amish citizens.
I have a Toyota Corolla. It will last me another 20 years.
I will not pay $60K for an electric living room on wheels, when I only want a cheap and reliable transportation.
Greed is the reason they don't want the Chines EVs. How much profit is there in an $11k car? How much is the profit on a $60K Tesla?
There's your answer.
Lol you would have been one of those narrow-minded Americanz who vowed never to buy any Japanese car. Why didn't you buy a Ford or GM instead if you were so patriotic?
I just bought a new BYD M6 for $30K. It is a no brainer. Very good price for the product you get.
to be honest, there isn't that much profit on Tesla's car sales, 95%+ of the profit comes from selling their quotas to other crappy manufacturers that can't adjust in 10 years and otherwise must pay gargantuan fines. So Tesla is basically a quota- and not a car- manufacturer
So, It's important to let consumers have choices and make their own decisions. ICE lovers go for ICE, EV lovers go for BEV/PHEV. Why the Govt. should stop us from making our own decisions???
US can't compete because their number one concern is paying out Corporate Bonuses or dividends to shareholders. Companies first used stocks/shares as a way of raising funds to improve and grow a company that made something to sell to the consumer. Stocks/shares are for trading to artificially raise the share prices at certain dates that correspond to Corporate Bonus evaluation time. The US and many western countries have economies that are based on F.I.R.E. ie Finance, Insurance, Real Estate. It is all generated by key strokes and not by actually producing a tangible product. US GDP is a distortion when an increase in share prices are counted as growth or the increase in premiums for insurance policies is added into GDP growth.
Exactly. Market based on financialization not production.
Finance Industry absolutely inflates GDP numbers
US is lagging behind China in many aspects including high speed rail, 5G going to be 6G, solar panels etc. etc.
But instead of cooperating with China, US arrogant but gullible political leaders chose to be antagonistic and banning exports of high-end electronic chips and instruct Dutch company ASML not to sell its EVD machines nor doing any after sales services to China, much to the detriment of US and Dutch cooperations.
When China is able to produce her own chips and EVD machines which are for sure, Western cooperations shall blame and curse stupid US policy similar to ordering them pulling out of Russian market at the start of Ukraine war.
US & EU subsidized US auto too, US purely cannot compete. Regarding subsidies, there's nothing wrong with that
The United States imported approximately 70,000 made-in-China Ford, Volvo, GM new vehicles in 2023 (By the way, China exported a total of 4.91 million vehicles in 2023, the United States only accounts for 1.4% of China’s auto export market share and almost no Chinese brand ). Not a single Chinese domestic car manufacturer has taken the initiative to officially sell their cars in the US. 102.5% tax on Chinese EVs， Go ahead. That must “hurt” China a lot. The US is not the center of the world. 30 094 767 new cars were sold in China in 2023 ( 8.1 million of them were electric vehicles ) , meanwhile only 15 604 278 new cars were sold in the usa (1.4 million were EVs).
The US is expected to subsidize Tesla with $34 billion between 2023 and 2030. This isn’t even including the other subsidies that Tesla is going to receive from previous policies. Meanwhile, the Chinese government has subsidized BYD between 2018 and 2022 with the whopping “massive amount” of $ 3.7 billion.
So the American company got subsidized 10 times more than the Chinese company, out of the $119 billion in battery subsidies GM got about $21 billion, the truth is the US regime is subsidizing their electric vehicles way more than China is.
On November 30, 2023 GM announced record $10 billion stock buyback, more than it’s spending on UAW raises- as its electrification push stalls (Source Bloomberg). That share buyback from General Motors was just q4 of 2023, $10 billion, they get $20 billion in subsidies and they spend $10 billion giving that money back to shareholders. The money isn’t going to innovation like it should, the money seems to go these bloated bureaucratic corporations where they take the money give it to shareholders or give it to executive bonuses or management teams that don’t know how to build a car, get so complicated convoluted they just can’t do business competitively anymore.
They don’t need to, instead of being forced to be competitive, being forced to actually spend the money on R&D and producing a high-quality product, they just put a 102.5% tariff on anybody that they cannot compete.
Source CNBC, IRS USA, congress.gov.
What’s going in the US. A lot of money is tied to gas production. A lot of congressman take lobby money from gas companies. Most of the other countries in the world are embracing the EV market. We are not. If we don’t start to embrace EV production the US will decline further!!
Or simply say, rich people control the US and want to maintain their 1% status. They already pushed the poverty line higher with money shared to Chinese products, now there are more products coming, how would both the rich people react, and would the middle class people being pushed down still support this structure.
U hit the nail on the head.
👍👍👍👍👍👍👍👍 US IS GETTING VERY WEAK AND CANT COMPETE ANYMORE.
Nightfall over America is happening now. Started with the Plaza accord signing in NYC between Japan and Detroit automobile industry. It’s been down hill ever since!
Actually the down slide started when Nixon decided to take the US dollar off the gold standard in 1972 and then refuse to give France and Germany back it’s gold in due order!
The dollar’s value today is less than 10% of what it was back in 1972!
Charging on the road is no longer an issue with the latest BYD using a small gasoline engine dedicated to battery charging. BYD demonstrated 2,100 km of range using a full tank of gasoline and fully charged battery.
That is just a stopgap measure until charging infrastructure catches up. A BEV is safer, quieter, and cleaner than a PHEV, even those that (like BYD's) are more like an EV with a generator than a regular hybrid, and within a couple years should also become cheaper to make (because battery prices are still falling).
@FabioCapela it'll catch up in what, another 10 years?? Even then, the gas engine to help charge a battery will always have a use case.
@@FabioCapela Agreed. And BYD's long-range PHEV is a great way for the transition at the moment.
I have a Li Auto PHEV. Full sized SUV with all trims screens fridge coming standard. Rangd never an issue. Loving it.
Chinese lower EV prices are not simply just govt support, but also NOT having to pay enormous profits to shareholders. This is a hidden cost factor on many expensive products, including iPhones.
The U.S.A wants for the chinese evs the same as huawei...
American's 100% tariff on Chinese EVs is very short sighted. This action actually harms mass EV adoption and EV development in the US while benefitting the petroleum interests. The smart way to protect the US domestic auto industry is to figure out a way to use the growth of the EV market to fund the transition of the US auto industry away from the ICE age. The most efficient way to do this could involve imposing a special sales tax on imported Chinese EVs (i.e. 15% ~ 20%) and use this money to fund domestic auto manufacturers. A lot of imported Chinese EVs could be sold even with a special 20% sales tax on top of them. This could generate a huge pool of fund for the US government to fund Ford and GM's transition to EVs. At 100% tariff, not a single Chinese EV will be sold therefore the US government wouldn't get a single penny which means zero funding for Ford and GM.
Reagan invited Toyota to build car factory in USA, to push for competition while creating jobs.
why did China invite Tesla to build super factory in Shanghai? simple, to bring in competition.
Keep in mind, no one is stopping the Chinese from setting up shop to build here.😂
@@lijackson-x6rProblem now is how safe are Chinese EV factories from being nationalised by the next US President's executive power.
Chinese cars will destroy legacy auto immediately even with 20% tariff compensated to legacy auto.
China must have been super wise to invest in electric cars.Who knew people would be this scared😂
Back in the 2000s the Chinese knew they couldn't beat the Germans or Yanks with combustion engines design, but they also had the foresight (and lack of political clown circuses) to see that their strengths and the future relied on electronic and battery engineering.
China needed to reduce air pollution from exhaust pipes of petrol and diesel engined cars and acknowledged that it was far behind in developing it,s own internal combustion engines .It decided to move to what it saw as the next best solution ie development of battery tech and electric motors. The govt did meet and inform all legacy automakers back in 2004 that it was moving in that direction, so they had plenty of time to do so to meet the competition. Instead they rested on their laurels thinking that Chinese companies would not be able to do so. Now they act shocked as if it was sprung on them out of the blue. They deserve to lose market share because if the US govt did not protect them consumers would vote with their wallets and put legacy auto out of business anyway.
The Paris Climate Agreement has brought tremendous pressure to China's development of the electric vehicle industry. In order to stimulate the competition mechanism in the electric vehicle market, China invited Tesla to build a super factory in Shanghai. Tesla's success in China has driven the innovation of many electric vehicle manufacturers, but many joint ventures, such as Shanghai GM, Shanghai Volkswagen, Guangzhou Honda, etc., have lost market share because they have not kept up with the transformation of electric vehicles.
Enterprises survive in competition and perish in comfort. Only the fittest survive.
The answer why is simple...
China must import all oil, but can generate electricity from wind and solar , green and less dependable on foreign partners
@@houseofancientsgenerate electricity from wind and solar 😂?
Q - Why the US is Terrified of Chinese Electric Cars?
A - Chinese Electric Cars are better than the US.
American never accept it. they always say chinese product is tofu.
No way, absolutely no way, American cars are the best in the world!
US EV vehicles are also government subsidized, you get tax breaks for buying US made EVs, so spare us the BS that Chinese vehicles are the only ones that are government subsidized.
US may save their country for time being but they've lost the world with nothing much to offer
Not many years from now, the China will dominate commercial planes as well, the Chinese already dominate the ship building in term of number of ships they have been built.
Then the US might sanction to protect Boeing and probably even have the US government to force to shut down a Boeing plant where black workers are they outperform the other US plant to blame on the black workers for Boeing’s flaws.
Did Janet complain about Boeing overcapacity?
Coming soon. Very soon.
@@lawrencecheong29 NO !
They are running scared of reality.
In denial and running away from the bed that they've made. Empire in decline
They could have importes asians talent from China but instead they allow im criminals
Make TOYOTA Tacoma Great Again 😎 Scotty Kilmer
You will think DW would rather do a documentary on the effects on the German car industry rather..
What German car industry?
@@jtothed8575wow, your humor is cynical AF….i love it 😂💜
@@jtothed8575
The one that they are going to shutdown car manufacturers plant down for the first time …. Something like VW?
They already done that. Just do a kick search in this channel you'll find it 😅😅🤦
They have
The real problem for US and Europe are that they can't sell their cars in China anymore, Chinese now have better and cheaper alternative.
BTW, 50 years ago, US were facing the cheaper Japanese car competition, how can the US auto industries still facing the same competition from China?
Forget the cars, u.s. is more scared of hwawei than anything else.
America needs NIO with their battery-swapping infrastructure and new sub-brand ONVO!
Exactly ❤
It was my understanding that the tariffs were designed to prohibit the importing of Chinese vehicles from mainland China to America, but it does not prevent a Chinese automaker from setting up manufacturing in Mexico or North America and selling their cars to US citizens! Also they are not completely banned from selling in the US because the Buick Envision, Lincoln Nautilus, Volvo S90 and Polestar 2 are Chinese made models that are sold in the US.
Cheaper and high tech
I'm in the UK and live near a town with many car parks. Only one of the car parks has 4 ev charging stations (car park has 1500 spaces). None of the EV chargers work.
That doesn't sound very good. Where in the UK are you based? And is the situation any different in London, for example?
Um, you show yourself in front of the GM EV factory but you show a clip of Ford Lightning.
China has over a hundred auto companies. The US has about a half dozen. That tells you all you need to know about why Chinese prices are low and quality is high.
who will fix your car
Quality is not high.
@@mdjey2Much better than notorious American quality.
@@sed9406 Not even close. Tofu construction extends to cars as well. They cut corners everywhere.
There is no Chinese car certified in US, tariff is nothing but political propaganda. Chinese EV is only 2% in EU, the tariff is also political motivated. Big Chinese EV market is in ASEAN Australia New Zealand South America and Mexico.
Also most other Asian countries (BYD even has a factory in Uzbekistan), Central America (Costa Rica, for example, has 25% EV market share, almost all of which are Chinese cars), Africa (Ethiopia banned the import of ICE cars, so almost all new cars are either Chinese or made locally with Chinese parts), and the Middle East (both Israel and the Arab countries have China as the main supplier of EVs). Essentially most EVs are either from Chinese brands or else made in China everywhere except the US, Canada, Europe, Japan (tiny electric Kei cars from Japanese automakers dominate the EV market there), and South Korea (though a third of EVs sold in South Korea are already Made-in-China).
And the absence of Chinese EVs certified for sale in the US is mostly due to the tariffs and political pressure. Remove the tariffs and you will likely see quite a few Chinese cars entering the US market in short order; keep the tariffs but remove the political pressure and you will see Chinese brands open factories in Mexico to make there not just the cars, but enough of its parts to qualify as a fully made-in-Mexico car under the free trade agreement.
in the end the consumer is the one who has to pay the tariff to get a car, not China.
That"s the name of the game. Tax to help Zelenski.
The US spent $2.4 trillion in the military sector in 2023. Imagine just a fraction of that were put back in helping the US manufacturing & infrastructure.
I would buy a Chinese car 16k and high quality... Can't beat that.
100k for a pick up truck is CrAzY 🤣
You get what you pay for.
@@tooltalk Not really.
After the introduction of Chinese vehicles in Australia, the prices of both EV and ICE vehicle have dropped, and consumers are the beneficiaries of competition (including those people who have not bought Chinese vehicles).
@@jogana6909 Of course, they were introduced after the pandemic that caused supply-shortage and price inflation that swept the world. The EVs are supposed to be cheaper because they require fewer parts, but was artificially inflated as a result of the chaos out of China.
*CHINA:*
- build their own space station ..
- build their own EUV lithography machine ..
- already have 3mn chip
- made the safest and affordable EV cars ....
That is why the US is outraged, resentful and jealous in the words of Prof, Jeffrey Sachs.
It's all about bribes officials and get technical information check some news
It's all about bribes officials and get technical information check some news
The public subway here in MA is a Chinese made train. MBTA uses Chinese train so soon its going to be here. But US need EV infrastructure first.
I dont care what rich person makes the car I just want one I can afford
🇺🇲 cars=$50k=slavery!!! 🇨🇳 Cars=$20k=NO slavery!!!!!
Yasssssssssssss
Government subsidies to the EV industry is probably just another excuse. The US government can also subsidize its own EV industry to make it more competitive if it's so concerned with protecting the environment. But rather doing that the US prefers to put all their "investments" in the sale of military hardware which only causes death and destruction to other countries. It all comes down to PROFITS for the big corporations and staying # 1 in the world. Talk is cheap when it comes to protecting the environment and doing what's best for the PEOPLE. It's so sad! 😭😭
eventually this import tax will collapse, not if but when.
Exactly when the US hegemony collapses
When will China’s import taxes collapse?
Just a temporary measure for the election, I suppose.
@@p__qnot if Trump wins! He’s clueless with macroeconomics. He’s a simpleton who doesn’t even understands how tariffs hurt the buyer and not the seller!
They're better. The end.
There cheap but better? 😂😂😂😂😂
@@americanegale697Yes they are more affordable and better
I live in Long Beach with a tesla. Now there are so many white tesla in LA that most of the time I can't find my own car
Why not add black stripes and you have a distinct Zebla.😇
@@lawrencecheong29 yea maybe I should put some distinct coloring hahah
@myhome772 yea definetly haha
Refrigerators, washing machines, TVs' are what the US will be terrified next...
So US nust sanction super chips to block the competitor at the expense of yje consumers.
I drove a BYD EV in Thailand and the quality and performance was excellent, plus loads less expensive than any of the EVs based out of the USA.
I would avoid EVs in the USA, but here in SE Asia where it never gets cold and electricity rates are low, they work.
Well, Norway's proof that EVs work just fine in the cold wearther, no?
US is terrified whatever that's Made-in-China even garlic , weather balloon 😅
The US government also provides heavy subsidies. But it subsidized the shareholders of the big companies other than the customers.
By the time the big 3 can even make a 25k EV, BYD will have a 5k car with the same amount of range, they are simply improving faster, the only one that can actually put up a fight though is tesla and no one else, America is very much a technology consumer focused, they love technology and tesla plus Chinese cars offer that but no one else does, not at the same level atleast
Tesla can’t compete with Chinese EV companies without government funding every step of the way!
Tesla can hardly compete
I’m Australian. I’m 100% behind people being able to buy EVs. The more people driving them the better.
If every car and light truck on the planet was replaced with EVs, it would reduce world CO2 emissions by 4%.
As long as I am not subsiding the purchase of other wealthy peoples new cars, Or their expensive insurance, or the cost of their road maintenance, Or their battery recycling at the end of life, Or the infrastructure for chargers. Or the upgrades to the power grid.
The US government will rather invest in electric tanks than electric car manufacturing 😂😂😂
Because US cannot make cheap and popular EV has China can
Because they cannot pay their CEO.
You are either standing on the side of the 1% who pushes the poverty higher to keep their status (the brother who bully you), or the other country (the classmate you hate).
Stop exploiting consumers is that simple. Consumers should not buy cars for a few years till this industry can learn that ppl is not willing to buy American cars for 60-100k, it’s not Mercedes or BMWs stop it. Can’t wait to get my Chinese cars in 3 years and help the environment.
The Tax actually goes to Zelenski.
Tesla is mentioned only one minute before the end of the video (24:17). What a joke. How can DW make a 25 minutes video on the US and EVs without including Tesla in the argumentation.
Reagan invited Toyota to build car factory in USA, to push for competition while creating jobs.why did China invite Tesla to build super factory in Shanghai? simple, to bring in competition.
DW is like CNN in the US, it pushes woke narrative and Musk is not part of it. Just like CNN, DW is always about politics and any story can be spined in the right direction.
Because its a documentary that is supposed to justify the tarrifs and demonize the chinese evs
Tesla is a joke! Musk is not interested in small $change profit! His cars are only for the Elite not the impoverished masses of blue collar workers!
Toyota used to have a plant in Fremont California but has moved out, maybe it has gone to Mexico.
Short answer: American entitled, expensive and inefficient workers can never compete against their hardworking Chineese rivals. As such automobile manufactured in America is crazy expensive and not competitive in the market
I live in California, and i see people trading ev for gas and hybrids. Tesla isnt selling well anymore. We have high electric cost in some areas. Charging is a big inconvenience. Hot climate is killing range. Battery replacement cost is scaring people from buying used ev.