"The new reality in America Canada Europe is that rapes, stabbings, killings, murders, shootings and even beheadings are occurring at a high rate. There is a link between these crimes and mass migration.
"The new reality in America Canada Europe is that rapes, stabbings, killings, murders, shootings and even beheadings are occurring at a high rate. There is a link between these crimes and mass migration.
"The new reality in America Canada Europe is that rapes, stabbings, killings, murders, shootings and even beheadings are occurring at a high rate. There is a link between these crimes and mass migration.
There are foreign car manufacturers in China... Even though this year they are expected to sell 10 million EVs in China They still expect to sell 20 million ICE vehicles in China this year Where many of these cars will be legacy automakers from the west
If you want your own citizens to fork out $60,000-$100,000 for an American tesla just admit it. No reason to raise tariffs under the guise of overcapacity. How long were European,American Japanese and other car brands able to sell in the Chinese market with no issue? Gtfo.
Wulin is half American half Chinese mini EV maker, GM accounts for 44% shares, and Wulin has several factories in Indonesia, the potential big car market in ASEAN 10 years later.
Harmful overcapacity? Now we have realized the absurdity of 'overcapacity', we are changing the tone by qualfying it with classification of being harmful (and helpful). So, our overcapacity has been helpful and the Chinese's are harmful. I know cnbc is not saying it but really?
Nowadays ship Chinese EV from China to countries that doesn't have a local dealer using some special ways to bypass regulations has become a business,and the US is talking about overcapacity,as native Chinese in China I have to wait for months to get my new car,and US is still talking about overcapacity😂
many people do not know that Wuling mini EVs is a joint venture, GM has 44% share, shanghai motor has 51%, Guangxi has 5%. Wuling was the No.1 car sales in China, and its EV series still held the remarkable market share, and it has several factories in Indonesia as well. this mini EV with price ranged from $5K to 8K, and very attractive for a begining EV buyer.
I want Chinese EVs in the U.S. now! They are affordable and good quality now, much better than GM/Chevy/Ford expensive EV garbage made by 60$/hr factory workers that want 4 day work weeks and full pay.
The largest auto maker in Liuzhou is SGMW, who makes the most inexpensive car in China. SGMW is a joint venture between SAIC Motor (Shanghai Auto Industry Corporation), General Motors, and Guangxi Auto (a local company).
in the semiconductor sectors, there is monopoly in pricing and in market control. dominate by tsmc, asml, nvidia, intel and samsung. boeing and airbus in commercial aviation, drug companies and oil companies as well . even in smart phone platform, android or ios. china is simply makes it affordable and in scale. while other industries without china's participation is driven by market control and manufacturing output, makes the consumer products getting more expensive every year.
maybe the european and the american can not buy a good cheap Chinese car but the rest of the world will😂😂😂😂😂😂 atleast I will be able to buy one. who cares about europe and the US😂😂😂😂😂
What people are not mentioning is that only three EV companies in China are profitable - BYD, Li Auto and Tesla all the rest are still losing money which is why many predict the number of EV manufacturers will shrink drastically as many of those companies go out of business when state backing dries up.
Sorry there is no state backing, you have to pay your debt someday. What Chinese government has done is launched incentives for car buyers to buy EV against ICT cars.
The market will regulate itself, and if Chinese cars aren't popular, consumers around the world won't want to buy them. The fact of the matter now is that electric cars in Europe and the United States are unpopular, and they have to use forces outside the market.
What you are not mentioning is that the consolidation is a natural evolvement and the Chinese government can't want it to happen fast enough. Because whoever survive that will be the strongest and most profitable carmakers in the world.
Whoever is doing exporting business will laugh at the word " over capacity " ..... seriously, you can't export anything if you don't have "over capacity "！ In general, value comes from the qulity and the affordability. Over capacity is just trash talk.
Wuling, the first brand mentioned and also the major player jn the city, is a subsidiary/JV of General Motor, which seems to be deliberatedly hid by Eunice
There are 5 EV makers in Liuzhou city, and 2 of them are half American brand. - Baojun Automobile was jointly established by SAIC, GM and Wuling in 2010, with SAIC holding 50.1%, GM holding 44% and Wuling holding 5.9%. - Wuling Hongguang is SAIC Motor Corporation, which holds 50.1% of the shares, General Motors of the United States holds 44% of the shares, and Guangxi Automobile Group Co., Ltd. holds 5.9% of the shares. SAIC-GM-Wuling Automobile Co., Ltd. was established on November 18, 2002, and its headquarters is located in Liuzhou, Guangxi. * Baojun Automobile was once a shining star. From 181,500 units in 2014 to 1,016,000 units in 2017. * Wuling Automobile's annual global sales in 2023 are 1.4 million units.
Liuzhou is not the EV capital of China. Shenzhen with BYD, Xpeng and many other Brands should be the EV capital of China, also Shanghai produces about 2-3 million cars a year, also in Hefei, wuhan, chongqing, Beijing, they all have a lot of Car companies there, from USD5000 to USD 150000 , you name it
THE U.S MARKET IS 350 MILLION PEOPLE WITH A DECLINING MIDDLE CLASS AND POVERTY ELIMINATION. THE CHINESE DOMESTIC MARKET ALONE IS 4X OUR SIZE. IF WE INCLUDE THE GLOBAL SOUTH MARKETS. THAT IS 6 TO 6.5 BILLION PEOPLE MARKET WITH GROWING ECONOMIES AND POPULATION GROWTH. THE AMERICAN MARKET IS INSIGNIFICANT TO CHINA AND SO IS THE ENTIRE G7.
I am going to Liuzhou to buy my EV. Here is a pro tip for you guys! Buy a three wheel EV. Those are very rare, so nobody will want to steal car from you. Police will spot it immediately if stolen.
You just want short working hours, good salary and one month long summer holiday! And also not much focus on manufacturing R&D. So low skills, not hard working workers and no new technology, how to compete? Luckily, your politicians are very creative, let's call it "Over-Capacity" and name and shame China, so that we can use tariffs as obstacles. In the end, tariffs will slow China down a bit. But once they start making cars in Mexico, Hungary, Spain, etc. Then your low tech and costly cars will go to the landfills!
If this sentiment accurately reflected consumer sentiment in the West, then the US Gov't at the behest of the legacy auto companies won't have put a 100% tariff on Chinese made EVs.
Overcapacity means I can't compete w Chinese EVs! Western hypocrisy as usual. LMAO!!!
Nice troll account. You sure earned your 50 cents
@@Wongseifu548 you couldn't come up with a better argument?
It's the wave of the future
"The new reality in America Canada Europe is that rapes, stabbings, killings, murders, shootings and even beheadings are occurring at a high rate. There is a link between these crimes and mass migration.
Naive young Hong Kongers could just move out of the country if they think life is so great in the west.
Chinese overcapacity = US underperformance!😂😂
China has evolved into the greatest manufacturing powerhouse and the US has devolved in the greatest whiner!
They don't want those jobs. It's call entitlement
"The new reality in America Canada Europe is that rapes, stabbings, killings, murders, shootings and even beheadings are occurring at a high rate. There is a link between these crimes and mass migration.
"The new reality in America Canada Europe is that rapes, stabbings, killings, murders, shootings and even beheadings are occurring at a high rate. There is a link between these crimes and mass migration.
not that difficult to build a domestic manufacturing when you ban foreign competitors. Just look at what the US is doing now.
There are foreign car manufacturers in China...
Even though this year they are expected to sell 10 million EVs in China
They still expect to sell 20 million ICE vehicles in China this year
Where many of these cars will be legacy automakers from the west
China: Overcapacity in green technologies
USA: Overcapacity in greenback printings
If you want your own citizens to fork out $60,000-$100,000 for an American tesla just admit it. No reason to raise tariffs under the guise of overcapacity. How long were European,American Japanese and other car brands able to sell in the Chinese market with no issue? Gtfo.
Wulin is half American half Chinese mini EV maker, GM accounts for 44% shares, and Wulin has several factories in Indonesia, the potential big car market in ASEAN 10 years later.
Your bias is showing. Better cover that up before people notice.
unlike Chinese media, the rest of the world's news outlets doesn't need to kneel and please your dictator winnie the pooh😉
@@QuantumBits0cope harder bro. China is the new sheriff in town
That doesn't mean you can talk your bias proudly. There is a difference@@QuantumBits0
@@QuantumBits0talking bs is your only ability😂
Western propaganda machines
It’s too late for the U.S. China’s EV industry is 2 generations ahead of Tesla. Once you drive the Chinese ev, you’ll never go back to Tesla again
How the US wished they've the Chinese overcapacity. 😂😂😂😂
Is that why people keep leaving china....
@@Wongseifu548 Your mommy told you that? 😂😂😂😂
@@brianliew5901 daddy Xi?
@@Wongseifu548 I've heard of Sifu Wong but never of a dead tiger instructor. 😂😂😂😂
Union workers will work overtime to achieve overcapacity. Right?
loser is the weeper...
Harmful overcapacity? Now we have realized the absurdity of 'overcapacity', we are changing the tone by qualfying it with classification of being harmful (and helpful). So, our overcapacity has been helpful and the Chinese's are harmful. I know cnbc is not saying it but really?
Nowadays ship Chinese EV from China to countries that doesn't have a local dealer using some special ways to bypass regulations has become a business,and the US is talking about overcapacity,as native Chinese in China I have to wait for months to get my new car,and US is still talking about overcapacity😂
many people do not know that Wuling mini EVs is a joint venture, GM has 44% share, shanghai motor has 51%, Guangxi has 5%. Wuling was the No.1 car sales in China, and its EV series still held the remarkable market share, and it has several factories in Indonesia as well. this mini EV with price ranged from $5K to 8K, and very attractive for a begining EV buyer.
Most people meaning those who dunno how to Google or wiki. Epic fail for 2024
i would be interested in a China produced Tesla EV because i understand the quality is better than the ones produced in the USA..
Much better
😂😂😂😂😂😂😂😂
its not
US barely produce Tesla. Most of them are made in Shanghai China
It shows Chinese 🇨🇳 citizens are willing to work and it’s only been about 40 years since china engaged with the west for industrial reasons!!! 3:17
I can't afford an EV, so there's undercapacity.
I want Chinese EVs in the U.S. now! They are affordable and good quality now, much better than GM/Chevy/Ford expensive EV garbage made by 60$/hr factory workers that want 4 day work weeks and full pay.
should pack up and move to that country where no factory worker makes $60/hr.
@@tooltalk found u bot
On just highlighting four production Companies how does it create a case for overcapacity. Just Washington propaganda parrots.
The largest auto maker in Liuzhou is SGMW, who makes the most inexpensive car in China. SGMW is a joint venture between SAIC Motor (Shanghai Auto Industry Corporation), General Motors, and Guangxi Auto (a local company).
GM has 44% share, probably the most successful investment that GM ever made.
Over capacity...so the west is blaming China for working too hard, while they enjoy their long summer 😂
in the semiconductor sectors, there is monopoly in pricing and in market control. dominate by tsmc, asml, nvidia, intel and samsung. boeing and airbus in commercial aviation, drug companies and oil companies as well . even in smart phone platform, android or ios. china is simply makes it affordable and in scale. while other industries without china's participation is driven by market control and manufacturing output, makes the consumer products getting more expensive every year.
maybe the european and the american can not buy a good cheap Chinese car but the rest of the world will😂😂😂😂😂😂
atleast I will be able to buy one.
who cares about europe and the US😂😂😂😂😂
Here’s the fact, in 2023 EV manufacturing quantity:
1) Shenzhen 1.78M BYD
2) Shanghai 1.2868M Tesla, SAIC group
3) Xian 0.9838M BYD, Geely
What happened to climate change concerns….shouldn’t we all be changing over to EVs? How can there be overcapacity.
how about over capacity of soy beans, beef, pork and farm products?
What people are not mentioning is that only three EV companies in China are profitable - BYD, Li Auto and Tesla all the rest are still losing money which is why many predict the number of EV manufacturers will shrink drastically as many of those companies go out of business when state backing dries up.
Sorry there is no state backing, you have to pay your debt someday. What Chinese government has done is launched incentives for car buyers to buy EV against ICT cars.
Thats the normal consolidation process. Happens to US auto industry as well. Now down to the big three.
The market will regulate itself, and if Chinese cars aren't popular, consumers around the world won't want to buy them. The fact of the matter now is that electric cars in Europe and the United States are unpopular, and they have to use forces outside the market.
What you are not mentioning is that the consolidation is a natural evolvement and the Chinese government can't want it to happen fast enough. Because whoever survive that will be the strongest and most profitable carmakers in the world.
you forgot AITO wulin and aian
Whoever is doing exporting business will laugh at the word " over capacity " ..... seriously, you can't export anything if you don't have "over capacity "！ In general, value comes from the qulity and the affordability. Over capacity is just trash talk.
China accepts Apple, Tesla etc and never says overcapacity or national security!!!!
I'm sure the people in the United States is enjoying paying average $800 a month for their car loans.
Yeah, Americans don't want econobox.
@@tooltalk USA lost to China . As usual
Exporting means you produce more than you need, ie overcapacity. What is wrong with that?
Wuling, the first brand mentioned and also the major player jn the city, is a subsidiary/JV of General Motor, which seems to be deliberatedly hid by Eunice
This deserves making of a Hollywood movie
There are 5 EV makers in Liuzhou city, and 2 of them are half American brand.
- Baojun Automobile was jointly established by SAIC, GM and Wuling in 2010, with SAIC holding 50.1%, GM holding 44% and Wuling holding 5.9%.
- Wuling Hongguang is SAIC Motor Corporation, which holds 50.1% of the shares, General Motors of the United States holds 44% of the shares, and Guangxi Automobile Group Co., Ltd. holds 5.9% of the shares. SAIC-GM-Wuling Automobile Co., Ltd. was established on November 18, 2002, and its headquarters is located in Liuzhou, Guangxi.
* Baojun Automobile was once a shining star. From 181,500 units in 2014 to 1,016,000 units in 2017.
* Wuling Automobile's annual global sales in 2023 are 1.4 million units.
Guangxi Zhuang Autonomous Region is not a province, but an autonomous region.
not for long on the Tarif
Liuzhou is not the EV capital of China. Shenzhen with BYD, Xpeng and many other Brands should be the EV capital of China, also Shanghai produces about 2-3 million cars a year, also in Hefei, wuhan, chongqing, Beijing, they all have a lot of Car companies there, from USD5000 to USD 150000 , you name it
THE WORLD IS NOT THE WEST. THE WEST IS 12% OF THE GLOBAL POPULATION. THIS MAKES ME SO ANGRY AS AN AMERICAN BUSINESS MAN
THE U.S MARKET IS 350 MILLION PEOPLE WITH A DECLINING MIDDLE CLASS AND POVERTY ELIMINATION. THE CHINESE DOMESTIC MARKET ALONE IS 4X OUR SIZE. IF WE INCLUDE THE GLOBAL SOUTH MARKETS. THAT IS 6 TO 6.5 BILLION PEOPLE MARKET WITH GROWING ECONOMIES AND POPULATION GROWTH. THE AMERICAN MARKET IS INSIGNIFICANT TO CHINA AND SO IS THE ENTIRE G7.
I am going to Liuzhou to buy my EV. Here is a pro tip for you guys! Buy a three wheel EV. Those are very rare, so nobody will want to steal car from you. Police will spot it immediately if stolen.
There are nickle production china entreprise in the Indonesian with low standard industri
Jealous, huh? Fake news people talk nickels. That's not your capacity to talk
You just want short working hours, good salary and one month long summer holiday! And also not much focus on manufacturing R&D. So low skills, not hard working workers and no new technology, how to compete? Luckily, your politicians are very creative, let's call it "Over-Capacity" and name and shame China, so that we can use tariffs as obstacles. In the end, tariffs will slow China down a bit. But once they start making cars in Mexico, Hungary, Spain, etc. Then your low tech and costly cars will go to the landfills!
Chinese EVs are vwry competitive. Looks at Nio's cars.
west : if you cant compete it, ban it!
China have too much overcapacity in engineers and entrepreneurs.
Liuzhou is a fifth tier city, only one of the many such industrial city in China. It Evs aren't the best.
Tesla is too expensive
Nike not overcapacity?
Say good bye to western auto makers in the biggest auto market. Probably the rests if the world outside the g7 and nato markets.
🇨🇳👏👏👏
Bye bye toyota mazda honda suzuki nissan
为什么华人要化妆和鬼一样
elon musk is weird
You are too kind. He is degenerate.
Cheap and quality is nowhere near Japanese and American vehicles. I won't buy it, or will never accept it if it's free .
If this sentiment accurately reflected consumer sentiment in the West, then the US Gov't at the behest of the legacy auto companies won't have put a 100% tariff on Chinese made EVs.
Millions of people will in car if price is low
If it is free, or even 50% discount, give it to me, I will accept it willingly.
Chinese cars are the best in the world . Too bad that y’all can’t get one
The Chinese will give you free only if you can prove to them that you've three nuts instead of two. 😂😂😂😂
You changed the title from "the poorest province " to "ev capital "? You finally know what is shameless!