As an aside, BYD wants to put soon good L2 system in each of their car, so that can help them with better margins on smaller cars?
@rojavida19 күн бұрын
TLDW. It’s a British brand bought by a Chinese company. It’s a global economy and branding doesn’t mean very much any more. Branding used to evoke emotion in people but most people in this case understand that the vehicles have very little to nothing to do with British made MG’s from back in the day. It’s not something that you can have nationalistic fervour about wether you are British or Chinese.
@ldmtagАй бұрын
Fang Cheng Bao might not be the best name in the world, but they sure made the best car in the world🤤🚙
@ldmtagАй бұрын
In Russian "focus" means "magic trick"
@ldmtagАй бұрын
I always prefer alpha-numerical names over some silly word things. Like, what a heck is a Camry? It doesn't exist, this word makes 0 sense!
@ldmtagАй бұрын
Even though the Bao 5 is my dream car I still can not pronounce that rising tone in fāngchÉngbào. I sound hella wrong😭
@ldmtagАй бұрын
I love Chinese characters on cars. Whenever I see a Hongqi I get ancient China and the Great Wall (the real one, not Tank one) vibe
@ldmtagАй бұрын
Nobody: Literally nobody: Chinese car brands: RICH!!! (Riich), EXCEED!!! (Exeed), EXPAND!!! (Xpeng), FREE!!! (Voyah Free), BRILLIANCE!!!, TANK!!! BUILD YOUR DREAM!!!
@paddylee84342 ай бұрын
Li auto mega is perfect. I love the styling outside and inside. Is this another car reviewer thing like the handling thing. All the talk about in reviews is handling and now most cars drive like they have scaffolding poles for suspension
@manimalworks74243 ай бұрын
Toyota Corolla -> 73800 RMB, Nissan Sylphy --> 69800, That's USD $10200 and $9641. All thanks to BYD!
@krkrbbr3 ай бұрын
BYD can go as low as it wants as long as communist chinese state keep subsidising them...
@eish32913 ай бұрын
As prices come down, sales will go up as they become more affordable.
@peterAustralia3333 ай бұрын
electric cars.. tipping point at moment,, market share is going up up up
@kingdomofashes3 ай бұрын
Really interesting hearing about the permit system.
@Raymaster74823 ай бұрын
Would be amazing if you could talk about sporty Sedans and which one you would buy. For example SU7 Max vs IM L6 vs Zeekr 007 :-)
@charlesyeeh3 ай бұрын
Another awesome episode, Ethan! 👍 Great host and guest. I love the Wheelboy channel. It has always been creating high quality videos, with facts and information instead of bias or BS. Thank you! I honestly believe that you deserves 10X subscribers and viewers. Keep up the great work!
@etbadaboum3 ай бұрын
Thanks for the great exchange! I have so much questions about the Chinese car companies: what are their financial situations? How the central and local government see this price war? How the suppliers are handling this? And even about the wages for workers?
@methosb3 ай бұрын
It is going to be hard to sell any car that people can't pronounce. If they push over a car that has a very foreign name ppl are going to think that the company just sent over a bunch of cars without putting any effort into it and without putting any money into it. How long did it take Hyundai to be considered a decent car? A looooong time. Decades.
@norwinwalle31843 ай бұрын
You buy the emblem. Not the quality
@norwinwalle31843 ай бұрын
You did not answer the question about MG. Stay to the topic. You talk to much. MG is now a Chinese brand
@marsqnap33893 ай бұрын
Which European wants an EV car from China that keeps its own residents short with a heavy hand and will hold Chinese military exercises near Taiwan? Such an EV is not reliable for us in the EU, is it? As soon as war really breaks out, your Chinese EV will no longer drive. You have saved for years to put this car in the hands of the Chinese. How stupid can you be.
@stephenodonohue98763 ай бұрын
Hey Ethan, love the channel (though thank goodness you rid yourself of those horrid bum bags... fanny means something quite different in the rest of the world). Just a comment (not important). During your chat, the movement in the background shows up on your orange screen. Downgrades the quality a bit.
@wheelsboychat3 ай бұрын
Thank you for the feedback, even if we completely disagree about fanny packs (I know what it means in the rest of the world, trust me). We noticed the reflections in the screen as well, and will try to find a way to avoid it in future videos!
@iWantPeace8383 ай бұрын
To me, it's Darwin's theory at work currently. The first wave of car makers going down saw the subsidy grabbing ones gone. Now it's time for the poor performers to go. It's a necessary and good thing for a healthy market. I will look at buying a car within this 73 days. LOL
@Eric_Garrison3 ай бұрын
Highland in Shenzhen … think I’ve seen maybe 5 since release. Seems to have performed pretty poorly down this way.
@samalias67843 ай бұрын
NIO is going after every EV company with a bazooka aka ONVO…
@eden52603 ай бұрын
Boring car nothing interesting there
@ashk41552 ай бұрын
@@eden5260lol Onvo released on a Tuesday model y production cut the week after. Nothing exciting there!!!
@jimmychoi52193 ай бұрын
Great talk 👍👍👍
@kirolosmourad3 ай бұрын
As for Nio: i believe offering promotions are reversible/stopped easier than MSRP cuts when price war is eventually over without pissing off as many previous owners towards 2nd hand sales.
@ChinaDriven3 ай бұрын
It's true they are reversible or mostly a "limited time" promotion. Its easier to go down then it is back up. My point was simply NIO is also engaging in the "price war" even if they are not doing direct price cuts. As I said there's more then one way to skin a cat.
@wheelsboychat3 ай бұрын
That's a fair point!
@4literv63 ай бұрын
Love how these muppets completely left out every other oem does the exact same thing in regards to pricing the Ford lightning comes to mind. Announced officially in June 2021, started deliveries in late May of 2022, between then&now the trim prices have varied by 25-45% or more! I've sold&financed cars plus owned over 80+vehicles so far, so I'm intimately familiar with the games played from both sides of the table! And they ignored Renault dropping their most popular ev by up to 25k recently, Peugeot dropped prices 5-15k recently, polestar dropped their prices by up to 25k depending on the model. But crickets because elon=tesla the world's true pure ev sales leader&that's somehow bad! 😀 Studies show evs are considered to be premium segment vehicle sales and when you back out the tax credits&incentives available? They depreciate just like premium gas guzzlers do! So 18-25% of value gone in that first 12 months and up to 10% more lower a year for every year afterwards. So plan accordingly&lease or at least realize what you are buying beforehand. I'd personally recommend you lease any new ev for the next 3+year's at least(battery tech and specs along with charging times are changing almost like smartphones&computers do. The semi solid state cells and solid state cells for higher end ev stuff is gonna shake up the market starting later this year&going into 2025 for semi solid state cells and then again in 2026-2028 for early solid state. While lmfp&m3p cells will go into most mid range evs and the low end is gonna get basic lfp and sodium cells as is already the case in China. So unless you know how to negotiate really hard, get all additional incentives, buy at the right time when dealers are moving metal and can afford to move in&out of a car every 2 years or so. Just lease it or buy it and drive it for 5+year's before trading in again.👍🏻
@wheelsboychat3 ай бұрын
I appreciate that you seem to have an intimate knowledge of buying cars in your home market, but a majority of your very long comment isn't relevant to our discussion. Neither the Ford Lightning or Renault are available in the Chinese market, so why would we bring them up in a discussion of the the price wars in China? We also said we would use BYD as an example, but we mentioned quite a few other brands that are dropping prices (such as Mercedes-Benz). We cannot go through every OEM, because the key takeaway is they are ALL forced to do so. We brought up NIO simply because they decided to state they wouldn't price cut, and instead found other more creative ways to "increase the value propositions" The catalyst for this was Tesla dropping prices. It's not an "Elon is a bad man" take, you're just throwing up a straw man argument. Tesla China cut prices in response to waning demand, the Chinese market responded and now it’s in a downward spiral, with new cars coming out that we KNOW are being priced under what OEMs planned to sell them at. How do we know? We attend launch events for cars nearly every week, and that's what we are being told directly by the leadership at these companies. I agree with your recommendation to lease electric vehicles due to the heinous depreciation that they incur, but the option to lease privately in China is nearly nonexistent, so again, it's not relevant to this discussion about the CHINESE CAR MARKET. In summary, I appreciate you taking the time to watch and comment on our video, but you really ought to pay more attention to the context. Otherwise, you'll end looking like, you know, a muppet.
@ChinaDriven3 ай бұрын
@@wheelsboychat I dunno, from one muppet to another, maybe next time we can include any price cuts happening in the Ethiopian EV market. At least they are importing EV models that actually exist in the Chinese market... I do agree leasing would be a nice option to have. But just doesn't seem like it's really available for private consumers. Commercial EV lease deals are common in China though. I do know the States love their leasing, and it's very well advertised to consumers.
@Eric_Garrison3 ай бұрын
Please discuss the muppets and the muppet babies next show in addition to Ethiopian markets. Need to expand your viewer base
@ykdz31153 ай бұрын
u do realize that Chinese EV market counts half of the entire world and MERIKA isn't quite center of the universe right?
@iWantPeace8383 ай бұрын
@@ChinaDriven I have the funny feeling that the guy doesn't know that, cars are running on Ethiopian roads.
@avil86863 ай бұрын
Teala is the car which snap your neck though
@honesty_-no9he3 ай бұрын
Excuse me! First of all it does matter. LFP Lithium Ferro Phosphate ( saying Iron is lazy and can be easily confused with Ion) is the most important chemistry and CATL forward leaps with Shenxing and Shenxing Plus is basically game-over we don't need solid state or anything else between CATL and BYD ...LFP is the chemistry the world needs.
@honesty_-no9he3 ай бұрын
Comparing the China market base BYD SEAL with the base MODEL 3 is stupid. In the UK we have two versions of the SEAL RWD and AWD which I presume are the mid and top versions in China. Seal over MODEL 3 any day for me.
@tren1333 ай бұрын
Problem for Tesla is not just the Seal, and the Seal is merely okay. You've got new cars coming out like the Zeekr 007 and especially the super hyped Xiaomi SU7 which are even MORE compelling. Tesla is gonna have to export a lot of their Chinese built Model 3s from now on. And that was still okay for Tesla for a little while because the Model Y is their golden goose, but now all the Chinese EV makers are releasing model Y competitors too. Just take BYD for example, after the Seal came out, BYD has released FOUR different models all of which can be cross shopped against the Model Y, the Denza N7, BYD Song L, BYD Sea Lion, and also the FCB Bao 5. Before Tesla can cut prices in China and still grow sales form it, but now their China sales have stalled and may even be falling a bit. That's going to be a real big problem for a carmaker who essentially just makes two volume selling models.
@honesty_-no9he3 ай бұрын
"MODEL 2" has been cancelled Musk supports Tariffs to keep Chinese cars out of the USA. Ungrateful bastard.
@jasonmugridge3 ай бұрын
Looking forward to the price wars arriving at UK shores where we've been fleeced for the past 25+ years.
@arminius65063 ай бұрын
Your politicians are whining and begging Chinese companies to increase the price to save VW
@iWantPeace8383 ай бұрын
Aren't they talking about "overcapacity"? It seems to be a welcomed thing.
@TalismanPHX3 ай бұрын
Cadillac Lyriq at a 25 percent discount..... wow. Thats a great value 😅
@CNFZCL3 ай бұрын
Lyriq without dealer discount starting from around $40k in China😂😂😂
Great chat with a lot of interesting infos - thx for that :-)
@JianYZhong4 ай бұрын
Look forward to your update review. Please include Tesla in your comparisons, particularly as many viewers will be more familiar with Tesla.
@Warren-pe1unАй бұрын
Tesla is nowhere
@jayzfd4 ай бұрын
I believe the air suspension of su7 max is single chamber.
@reginaldbacchus60834 ай бұрын
Outstanding car. Especially at those prices. Would like to make an inquiry. Do you have information on Chinese RHD vehicle exporters. I would like to contact a couple reputable exporters. Thank you.
@funnysubs20204 ай бұрын
I haven't seen a single real buyer of this vehicle yet, only ads from bloggers and test cars. When will we see one video of a real buyer, one !! I haven't even seen anyone take pictures short videos of Xiaomi cars driving around China, and they claim to have sold 120,000. Notice that in these videos it is allways the same cars with no car plates, the same bloggers, everything is advertising and nothing more. In my opinion, no car has really been sold until this moment.
@cfeifei1874Ай бұрын
about 40K cars has been delivered to the customers and on road to 120K at the end of the year.
@funnysubs2020Ай бұрын
@@cfeifei1874 ye right....
@LCWPG4 ай бұрын
display or screen on whole dashboard, nobody need that much..just one at the middle like 13 to 15inch is large enough for navigation and something else
@etbadaboum4 ай бұрын
Where does Ethan work in China outside of Wheelsboy? He mentioned 'Chinese content.'
@ChinaDriven4 ай бұрын
Ethan works full time for Wheelsboy. However, he also does Chines only content on Chinese media platforms beyond youtube
@etbadaboum4 ай бұрын
@@ChinaDriven Thanks!
@larrycheesengchung81554 ай бұрын
The EV car are not tested for the basic safety standards and made of poor quality materials. There are many accidents occured on the road in China!
@johnhornblow43473 ай бұрын
Yawn....
@just4therecord4 ай бұрын
I thought Xpeng is pretty clever sounding name but someone told me that Mainland Chinese hated it. I dont know whats the reason though
@just4therecord4 ай бұрын
The weird thing is the people that works for Xiaomi (overseas) pronounced what sounds like Zhaomi in their advertisment etc
@zacharyyape87954 ай бұрын
Xiao Mi makes nothing
@JianYZhong4 ай бұрын
Hi, let us know when you get news of plans for Xiaomi SU7 sales overseas! I plan to get an EV this year or next.
@dontunderstand3244 ай бұрын
Any news on the xiao pao che startup Xiaomi is funding?
@joosblankers4 ай бұрын
Great to see you talk about the SU7. Hope it will get to Europe at some point, will need to pick a new company car in 2026. I heard in some other video at the Beijing auto show a rumor about a fastback/estate version of the SU7, did you hear anything about that?
@jaredp15164 ай бұрын
huh? was he being sarcastic??? 3 sec 0-60 is "slow as a dog" now...??? 10:03