BMW and Tesla team up with Chinese EV Makers to Fight EU Tariffs in court

[@electricviking]

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[@alunjones4427]

Sorry off topic I know But the some of the new BYD double decker buses now running in London are one of the best we have had.. Having talked to many drivers & passengers they love them massive improvement over the previous old diesel bone shakers we had. Glad we have a priminister that's actually doing trade deals with china.

[@hermesliteratus882]

Thank god they haven't been labelled as a major national security threat as they are in the US.

[@zes7215]

wr, outx, cna outx etc any nmws perfx

[@someuser7501]

So much ignorance. BYD has been selling buses for over 10 years in the US. They have a factory in Lancaster California that can make 1500 a year that opened in 2014. Why have your prime ministers been avoiding and refusing to do trade deals with them for so long? How come Western Europe has refused to allow BYD to open bus factories..forcing them to go to Hungary. Why have all your governments been backwards for so long?

[@zdj-h9m]

@@hermesliteratus882 The US may well be doing the reminder when the UK forgets to demolish some of those double deckers and replace them with LCE ones made by union workers in the US.

[@fallonmassey4714]

*I hope they do that here in America! For what I pay for American/European Cars, I'd buy somewhere between 3-5 Chinese EV's! I hate that they're taking away my Freedom to buy what I want! Free Market lies don't impress!*

[@someuser7501]

LOL! China had extremely high tariffs for like 25 years..forcing foreign automakers to eventually setup shop in China to sell cars. Apparently you weren't crying for the 1.4 Billion Chinese people being denied their freedom.

[@zes7215]

no such thing as impx or not, outx, sx, can outx, sayx etc any nmw s perfx

[@peterk5981]

@@someuser7501 you must be learning about the last 25 years in car industry from Disney channel. Hence, you know zilch or almost it about huge profits that all western car companies made by selling their cars in China. They decided to set up their factories in China to make even bigger profits. I cannot believe that this basic knowledge needs to be explained to these woke westerners. Which schools did you go to???

[@willv88]

​@@someuser7501 An American can complain about America's situation. Why the hell should an American complain about China's domestic situation?

[@fallonmassey4714]

@@someuser7501 Why in the world would you assume I would endorse something I'm clearly against? Also, I don't live in China & they have a right to do whatever they want, it has absolutely no effect on what America should do if we live by our principles!

[@hermesliteratus882]

When they have competitive products, they champion free trade and globalization; when they don't, they resort to tariffs and subsidies.

[@petrikoukkula9066]

You talking about Chinese?

[@vincewhite5087]

Europe & Legacy makers have had Huge subsidies for decades.

[@balkanleopard9728]

CORRECT. European automakers have had HUGE subsidies for decades. EU tariffs have got absolutely nothing to do with subsidies. The EU wants to steal Chinese technology at gunpoint.

[@timmarrr234]

I never thought I would see those brands in the same sentence on the same side of the court lol.

[@jackanderson5191]

I was in Beijing last week checking out the Chinese EVs. My favorite, the Zeekr 7X, is coming to Europe but they want €66,000! I’m not going to buy it until the tariffs are removed.

[@kalex381]

It seems tariffs are working then…..😂

[@JeremySMJ]

That's crazy... The basic version is only 22000 pounds and the fully decked out max version is like 28000. That doesn't sound like a 50% tariff

[@presseurdemoustache]

On top of that, the eu version is a lesser trim without the lidar and lightbar

[@JeremySMJ]

@@presseurdemoustache do we know why? Would love to see Sam make a video about this. If Geely is getting a 28% tariff I just can't seem to understand this price at all... Clearly the tariffs are barely anything compared to this markup

[@jinjihu3767]

@@JeremySMJ 28K BP is 34K Euro + 50% Tariff = 51K + 20% VAT = 61 K + transport costs + car dealer profit

[@charlesmenaro2613]

Thanks!

[@casperhansen826]

Tariffs on Chinese EVs will make all cars more expensive, it's a known fact!

[@ElMistroFeroz]

Let's call it what it is, they think tariffs will save the gas industry.

[@jhytry]

This is probably also a reason why Chinese ICE and hybrids are not getting additional tariffs. Only EVs. And there is more and more ICE Chinese cars on roads - definitely I can see it in Poland

[@JoseFerreira-zb7wh]

i think tariffs are being used to try and slow down the chinese brands' expansion while trying to buy time for european/ western brands to catch up.

[@rawonboard7831]

@@JoseFerreira-zb7whthey ain’t catching up

[@JoseFerreira-zb7wh]

@@rawonboard7831 i know. I said trying 😅

[@peterpage7322]

I totally agree that there should not be tariffs on Chinese cars in the EU. They expect people to change to electric vehicles, then they make them more expensive! That makes no sense at all unless it is the WEF driving this policy.

[@vincewhite5087]

There are hearings at WTO, hopefully Canada, USA next.

[@passby8070]

Canada got completely disrespected by Trump when your ex-pm were trying to suck up. I hope Canada can grow a back bone so they can get some respect back.

[@AndrewYouTubehandle]

Isn't convicted felon Donald Trump wanting to take over Canada. Then Canada can have the same "regulations", "Health care" etc as the the USA.

[@JorgeLausell]

Talk of tariffs and claims of being capitalist seem to be counter to each other.

[@hermesliteratus882]

This is not the first time the EU and the US contradict themselves, and it certainly won't be the last.

[@JorgeLausell]

@@hermesliteratus882 Thanks. Usually, there's a progression in the words used from "contradicting" to "hypocritical". I tend to jump straight to grift, marked by the intentional, crafted use of high-minded, principled ideals, such a democracy and capitalism, free-market, as cover for nothing more than opportunistic grift.

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[@Alanceron7]

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[@rodrigomohr1277]

Tariffs should be ilegal.

[@ChristianThePagan]

Right, now go tell that to Donald Jesus Trump.

[@jansenwilder1335]

Tell that to my Singapore government. Our car Tariffs are 300%... + another payment for COE to buy a car.

[@someuser7501]

@@jansenwilder1335 China had ~86% import tariffs at one point. I think it is down to ~24% now, But nobody wants to point that out.

[@jackanderson5191]

@ I was just in Singapore (lovely!) and the roads were virtually empty downtown! 🤣

[@justinstephenson9360]

And of course no EU country has ever provided state subsidies to domestic car manufacturers. The only difference between China and EU or EU member countries is that China is doing it now, and the EU/EU members provided all sorts of subsidies pretty much since the end of WW2. Some of that might have been justifiable at the time to allow the European economy to recover from the aftermath of WW2 but it does not change the fact that the EU and/or EU member countries have provided billions in subsidies to domestic manufacturers over the years. If that makes the EU a bunch of hypocrites then so be it. For the sake of the EU consumer I hope the court action succeeds, but I am not that hopeful. The court will no doubt dismiss the history as being irrelevant

[@ChristianThePagan]

Of course, obviously the USA is the only country that has never, does not now and never will pump taxpayer funded subsidies into its car industry .... 🤣

[@brianferguson6278]

I would like BYD to open a plant in Canada to sell it's pickup to the Canadian market, why must we purchase USA made cars/trucks in Trumps new world order. Time for Canada to look East instead of South.

[@marks-0-0]

Better than Trudeau the tyrant, the democracy k1ller

[@erencuhadar5733]

East? China is on the west.

[@petrushka2]

Traditionally east of England. Just like how GMT calculates

[@rahimmajid647]

@@erencuhadar5733 When people talk about the economy and say, 'Look east,' they don't mean it in the literal sense, dude. 🤦‍♂

[@brianferguson6278]

​@@erencuhadar5733 Yes, if thinking of a compass, when we look to the EAST we are looking towards Asia.

[@frankcoffey]

You can't compete if the government won't let the other team show up. If you don't compete you don't reach your potential.

[@someuser7501]

I don't know about that logic. The Chinese had insane tariffs (like 86%) on imported cars from about 1980 to 2004 when they dropped it to like 24%. They ended up okay...don't you think?

[@thehackmusician]

Keep up the good work bababooey

[@MechFrankaTLieu]

BMW and Mercedes Benz actually are being realistic joining the effort , they need a rejuvenation to the auto market and EV is the expanding market , and not allowing the expansion of the market via tariff actually would negatively impact EU's own

[@1maico1]

Tariffs rates are generally by commodity code. I don't think differential tariffs based on company will stand up in court.

[@HLC64]

Malaysia had always tariff imported cars with 200% until EV arrived .. duty free if the ev is sole above RM100K in Malaysia.

[@superphi]

That's weird, there has gotta be some insider shady shit going on

[@memrjohnno]

The EU as an institution is a criminal enterprise.

[@conworldus8310]

there is nothing weird. Tesla exports to Europe from Shanghai. BMW needs to make EV to survive and they need to use the Chinese supply chain. Tariffs hurt BMW and Tesla both.

[@alphamegaman8847]

That BMW building looks like a damn Prison!🤨

[@Lando-kx6so]

2:43 MG is a British car brand. The MG owned by Chinese conglomerate SAIC is the same MG from MG Rover, it just got bought out & is owned by them. Many of the distinct MGs are designed in the UK for the European/UK markets & many of them sold in Europe aren't sold in China like the MG3, ZS, & HS. The MG4 was made primarily for the UK & Europe & the Cyberster is a fully British design & idea.

[@JoseFerreira-zb7wh]

lot's of chinese brands have western designers, engineers, etc. That doesn't mean they are european brands.

[@paulcolu]

Sam please don’t keep saying everyone thinks MG is a UK car company. They don’t but they do make good value EV’s which is why they sell well in the UK and wider Europe.

[@larryc1616]

Like jaguar, rolls royce and land rover too

[@Thoughts_from_a_Small_Island]

So Musk (Tesla) believes Tariffs from China to the EU are illegal yet Tariffs from China to the US are OK.

[@someuser7501]

No he said tariffs are not okay in the US.

[@jbrsurfing8657]

I was under the impression that SMART cars (MB) production is in China!

[@ginootisak6517]

Why don‘t they sue the usa also?

[@RSX007]

Bye bye tariffs. who thought they were a good idea. Fire yourself 😂

[@undisclosedthai]

This EU Tariff should be Thailand Tariff instead so no one will fight it.

[@JoseFerreira-zb7wh]

As a european i have tosay i don't think europeans think MG is british at all. I'd say it's almost common knowledge that it's a chinese company, specially because it's been out of the market for so long. I think the reason it's the most successful brand it's because they're one of the chinese brands that's established itself better and for longer time now. At least in my country most of the chinese brands are only now arriving, while mg has been here for more time. (not a lot but still longer)They've also benefited from a period where there were no tariffs and prices were very competitive. (they still are actually).

[@i6power30]

LNG powered is still cleaner than diesel.

[@balkanleopard9728]

You've got to be joking - People buy MG ev's because they think they're British. Nonsense. They buy them because they're very good cars affordable cars.

[@jeremytaylor3532]

I.wonder what BYD can ship back to China on those big RoRo vessels. Perhaps agricultural machinery or containers of crushed pop can recycling. Or frozen containers of meat products. Or scrap copper. Or stop on the Ivory coast of Africa to pick up containers of raw ore like copper or lithium. This is the problem with one way trade. It is very inefficient to send ships back with no cargo.

[@Electricdecentralisedfuture]

Surprised to see Tesla get on board with this as it already has a European factory that would get around these tariffs

[@1maico1]

AFAIK only the model-Y is made in Germany. That might change, the factory has plenty of spare capacity being updated.

[@novainvicta]

Let’s put some balance in this that the Electric Viking side steps. Article from Nomura. Among emerging market economies, Turkey imposed a 40% additional tariff on imports of vehicles from China, while Brazil has reinstated import taxes on EVs this year. By contrast, Asia has not erected as many trade barriers against rising shipments from China, with its policy responses more subdued so far. This hands-off approach looks unsustainable, considering the challenges faced by Asia's economies from China's industrial overcapacity across product categories. At the low end of the spectrum, low-priced Chinese consumer goods are flooding into Thailand, Indonesia and South Korea, especially via e-commerce platforms. China's overcapacity and exports are squeezing domestic producers of metals and chemicals in India, Vietnam, Thailand and South Korea. Asia is also at risk from the knock-on effects of tariffs erected across the rest of the world. As the U.S. and Europe impose additional duties on Chinese EVs or Latin America levies tariffs on Chinese steel products, some of this additional supply is bound to be redirected to Asia.

[@daviddunmore8415]

In reality the tariffs are just a way for governments to fleece their populations while pretending to support local industries (That are failing and would benefit from directed investment.)

[@samwang5831]

If there were no tariffs, even Tesla Germany would have to be shut down

[@TimDavies1955]

Good luck with that . USA will do the same

[@autoselectricos-americalat9276]

But Elon with his kickbacks to Trump is OK for the USA to put tariffs on European carmakers

[@someuser7501]

Biden did that not Trump.

[@autoselectricos-americalat9276]

@@someuser7501 When it comes to tariffs, both Biden and Trump are the same garbage

[@novainvicta]

Tariffs are a tax on consumers. China do use state benefits to its automakers so the EU should subsidise European automakers to retaliate.

[@ZgO_o]

Dont tarrifs go through WTO and no country can put tarrifs just because they want to and have to prove stuff to be able to put tarrif and even then it cant be over 25%?? Somebody please explain if you have know WTO rules???

[@TomTruong-u4q]

great news finally EU citizens stand up against EU dictator leaders

[@electricviking]

Thanks Mate!

[@geirvinje2556]

This is easy. The Chinese cars just need to put in a 50cc engine into the cars, and call them a pluggin hybrid. There isn't any tariffs on Chinese pluggin hybrids.....

[@swingnigloo]

Chineese carmakers are buying european plants while european carmakers own plants in China, wtf!

[@markplott4820]

Electric viking - NONE of the EU oems or German auto are selling in the TOP 10 in CHYNA. TESLA is still #1 followed by Seagul and WUHAN mini. EU is NOT competitive in CHYNA.

[@dovahkindragonborn9827]

tesla in EU: tariffs are illegal tesla in US: tariffs are legal

[@juliahello6673]

No, in fact Elon has spoken out against tariffs in the United States several times.

[@simonoakley5102]

As said above elon and trump disagree on this .that's the only thing I think trump is wrong about .. I can see why hes doing it to create jobs but when theres ways around it . Its charming usa instead

[@mirvine1]

So why aren't they suing Trumpistan and Canada?

[@BJARNE-SOLBERG]

Go go drill drill drill😊

[@nerdbikes3841]

Oil companies can already drill. They choose not to. Guess why?

[@AndrewYouTubehandle]

With their extreme right turns I'm not touching a Musk EV. Plenty of other better options!

[@tommiko8313]

If you look at the truth the Chinese Eevee car brands haven't really invaded the EU enmass yet. Top selling electric vehicles in Europe I'm not Chinese. The only place what Chinese car brands have gained some traction in the Scandinavian countries. If you look at the facts all the Chinese car sales interracial are IVE vehicles only next generation batteries in electric vehicles will be suitable for harsh cold winters. The only places where Chinese eevee's are actually doing well are in southeast Asia Brazil and Australia and some Scandinavian countries.

[@JohanRoos78]

Lot of EV's in Europe are company cars, but lease firms and companies are not offering Chinese brands. At least not where I work.

[@memrjohnno]

Are they legal? Yes they are and only an idiot would think otherwise.

[@LakiIka-pw2qz]

And what is with the upcoming tariffs due to Trump?

[@xeniblack]

Why is Tesla only 7%

[@ourv9603]

This guy reports some Tesla simis have begun service in SoCal. Can this be verified? kzbin.info/www/bejne/fYO5iaGBgLiHhtU !

[@t.rakchat2442]

Why comment section full of Chinese BOTs ?

[@someuser7501]

50 cent army at work.

[@thyristo]

The good thing about these taxes is that China will focus on growing markets in yet underserved areas outside of Western Europe and the USA...after all they are only 540 million. 417 million licensed drivers vs 2.27 billion ... with skyrocketing numbers... China should really just isolate nogoods USA and Western Europe.

[@ulihanel7078]

Sam, I do not know where you get your information from. Yes, during COVID shipping cost (ocean or surface) went up 4-fold but it is bak down where it was before COVID.