Chart reveals the collapse of legacy automakers in China is accelarating

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The Electric Viking

The Electric Viking

Күн бұрын

Пікірлер: 274
@electricviking
@electricviking 5 сағат бұрын
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@joseph_wei
@joseph_wei 11 сағат бұрын
I can't believe it. When you don't see Toyota in top 20 best selling cars you know gas cars are over.
@freeheeler09
@freeheeler09 10 сағат бұрын
Toyota was on top of the world just a few years ago with the Prius, their pickups, Camry, etc. And the Japanese bet the farm on Hydrogen, saw that battery EVs were better, and still doubled down on hydrogen. I actually saw a Toyota Murai in San Francisco. Once. Only once. Years ago.
@NoiserToo
@NoiserToo 5 сағат бұрын
@@freeheeler09- the top selling vehicles in North America were the Ford F150, with the rest being mainly Japanese. I believe that Toyota’s hybrid strategy will prevail as the way going forward.- and Tesla will survive for those that want an EV. -just my opinion.
@wengelder9256
@wengelder9256 4 сағат бұрын
@@freeheeler09worldwide sales of the Toyota group broke record number is 2023, so did revenue and profit . They are still miles ahead of everyone else .
@zes7215
@zes7215 3 сағат бұрын
wr
@ptuomo
@ptuomo Сағат бұрын
Toyotas approach works well next few years. Those who doesnt want to touch EVs will buy dated Toyota. Eventually all cars will be EV:s and time will tell is Toyota in that gane
@MASMIWA
@MASMIWA 13 сағат бұрын
China says that by 2030, no ICE vehicles will be sold in China. Further, to get a license plate for an ICE vehicle, you enter a lottery for a limited number of plates. For EV, all cars can get a plate.
@NoiserToo
@NoiserToo 13 сағат бұрын
Exactly, the CCP is forcing the legacy firms out of business by design. Will the West retaliate in kind?
@InformedKiwi
@InformedKiwi 12 сағат бұрын
Ice cars will be gone well before 2030
@peterpan6821
@peterpan6821 11 сағат бұрын
I think you'd struggle to get a policy like this though in a western democracy.
@larryc1616
@larryc1616 10 сағат бұрын
Chinese are smart
@ronin_myaus
@ronin_myaus 10 сағат бұрын
Yes, for 1st and 2nd tier cities..Still can get new ICE cars registered in 3rd tier or 4th tier towns in north east provinces..
@jeffpaquette9035
@jeffpaquette9035 13 сағат бұрын
Get rid of legacy, love all the EVs coming out
@i6power30
@i6power30 12 сағат бұрын
You can't. Legacy autos will be live and well in the West thanks to the protectionism and "decoupling from China". It will take decades for the West to fall drastically behind China technologically to be forced to adapt.
@Reddylion
@Reddylion 11 сағат бұрын
Agree no such thing as legacy, royal......
@larryc1616
@larryc1616 10 сағат бұрын
F- ice weak technology and their cancer fumes
@RoverIAC
@RoverIAC 10 сағат бұрын
what are you going to do for emergency vehicles... no power, no charging. EVs are also an environmental disaster happening in front of moronic zealots
@andrewsaint6581
@andrewsaint6581 9 сағат бұрын
Environmental disaster? Battery materials need mining once and can be recycled. They're a purer ore than from the ground. Search Fastmarkets Black Mass prices. It's over $3000 a tonne. Try that with burned fossil fuel. Batteries can be made without cobalt. Cobalt is used in the desulphurisation process of oil for petrol and diesel but no-one cared about child labour before EVs and it was just for oil refining, phone batteries, steel and paint. @@RoverIAC
@kpwong5040
@kpwong5040 8 сағат бұрын
Is it possible that legacy autos are so max out in debt that eventual liquidation is the better option.
@alphaomega1969
@alphaomega1969 3 сағат бұрын
Legacy auto are been bailed by china so they are not bankrupt and china is upgrading their factory to 95% automation
@Discovery2024-rn8kn
@Discovery2024-rn8kn 8 сағат бұрын
China polition and air quality 30 years ago was horrendous. The air now is near pristine and will only get better. Ev is the future.
@eugenec7130
@eugenec7130 10 сағат бұрын
Western media: "Chinese economy is collapsing. Foreign car companies' sales drop and are exiting China." This is what happens when an artist paints half a picture or a portrait with no head.
@michaelwilburn5727
@michaelwilburn5727 13 сағат бұрын
The same thing happened several decades ago with the train industry. Companies from all over the world came into China to revamp their entire infrastructure of trains .
@Longtack55
@Longtack55 8 сағат бұрын
NZ bought Chinese passenger wagons a few years ago but they contained undisclosed asbestos.
@yezih2694
@yezih2694 7 сағат бұрын
@@Longtack55any source?
@Lost_Johnny
@Lost_Johnny 13 сағат бұрын
If you add the two Qin models together, it is by far the biggest seller.
@jamespn
@jamespn 2 сағат бұрын
The BYD Seagull would fly off the lots here in the states, but specials interests including legacy automakers, franchise dealers, and unions in collaboration with politicians wont let us buy them.
@rattusfinkus
@rattusfinkus 8 сағат бұрын
SAM it's not MOORE'S LAW. It's Wright's Law.
@trythis2821
@trythis2821 10 сағат бұрын
Bring the BYD Seagull to Australia I could do with a good runabout. Don't need a large utility or SUV to run about the city.
@brettmcdonald1798
@brettmcdonald1798 7 сағат бұрын
You had me at “chart” , love a good chart. 😂
@h2rider953
@h2rider953 10 сағат бұрын
Time is up on legacy auto. EVs are the future.
@SaintKimbo
@SaintKimbo 10 сағат бұрын
Yes, they are the future in countries that have the luxury of dictating to the public what they HAVE to drive. Other places, the future will be determined by what the people want, which is the way it should be.
@ChristopherLeeEdwards
@ChristopherLeeEdwards 9 сағат бұрын
Is that why Teslas are banned in 20 Republican states for the last 15 years?
@oceanwave4502
@oceanwave4502 6 сағат бұрын
Oil is non-renewable energy. We can't use it forever. Electricity can be generated by various means.
@gmatthews7632
@gmatthews7632 10 сағат бұрын
In addition to profits from the JV, the OEMs would also get 2-3% of the sales in China as trademark and technology fees, which they used to subsidise European manufacturing and head office jobs. That’s going away.
@horsebee1
@horsebee1 11 сағат бұрын
A very obvious resistance we see here in New Zealand is within the dealerships, they are simply not holding the EV stock. our local Hyundai dealer has a total of one EV in their new car stock of about ten cars and are very quick to tell you that there is no demand. What they dont tell you that in New Zealand at lest there is little or no profit in New Car sales, all the profit comes from the service department and the second hand yard. The second hand EV market is still very young and service on an EV is typically around 10% that of an ICE in the first 100,000 Km so there is little or nothing in it for a dealership.
@peterpan6821
@peterpan6821 11 сағат бұрын
If a dealership can't make profit and goes bust, where do you think you're going to get a car from or the limited servicing an EV does need?
@SaintKimbo
@SaintKimbo 10 сағат бұрын
In Australia they're still trying to sell '23 model MG4's and GWM Ora's at huge discounts, so there's no shortage of stock, people just don't want them.
@andrewsaint6581
@andrewsaint6581 9 сағат бұрын
​@@peterpan6821the Tesla model?
@davidboskett5581
@davidboskett5581 8 сағат бұрын
New Zealand has never been a strong market for new cars as we have been able to buy used imports from Japan at a very low price .These cars offer excellent value as they usually have a very low mileage for their age and are in excellent condition .The problem we face with the switch to EVs is that the Japanese car makers produce relatively low numbers of EV's especially the three top brands Toyota,Honda and Nissan and most of the used imports are now hybrids. Chinese EV's are still expensive here compared to the used imports of ICE cars and this is restricting the take up of pure EV's
@gibbonsdp
@gibbonsdp 8 сағат бұрын
@@peterpan6821 The franchised dealer model is obsolete. Sales are going direct, and factory-approved independents will handle service and repair.
@VictoriaRowe-u9l
@VictoriaRowe-u9l 6 сағат бұрын
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@JesseWatford-qe9sv
@JesseWatford-qe9sv 6 сағат бұрын
Celebrating a $600k stock portfolio today. Started with $60k. Invested wisely and now have time for my family and future. One of the benefits of copy trading.
@SandraElliot21
@SandraElliot21 6 сағат бұрын
I’m curious, do you have a professional broker who helps you with your investments? If so, I’d love to learn more about how you work with them.
@VictoriaRowe-u9l
@VictoriaRowe-u9l 6 сағат бұрын
Can't share much here, I take guidance from ‘Sophia E Haney’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.
@VictoriaRowe-u9l
@VictoriaRowe-u9l 6 сағат бұрын
Use her name to quickly conduct an internet search.
@VictoriaRowe-u9l
@VictoriaRowe-u9l 6 сағат бұрын
SHE’S MOSTLY ON TELEGRAMS APPS WITH HER NAME.
@jedics1
@jedics1 11 сағат бұрын
Its wild the Seagull is such a huge seller yet hasnt made it to Australia after all this time....What the hell is the hold up?
@peterpan6821
@peterpan6821 10 сағат бұрын
They sell at a massive loss on each vehicle. The more they sell, the more they lose.
@amandagrant4331
@amandagrant4331 10 сағат бұрын
@@peterpan6821 BYD's net profit in the third quarter of this year was 11.607 billion RMB (US$ 1.617 billion). By the way, BYD is a listed company, and its financial report can be consulted publicly.
@jogana6909
@jogana6909 10 сағат бұрын
@@peterpan6821 BYD's net profit in the third quarter of this year was 11.607 billion RMB (US$ 1.617 billion). By the way, BYD is a listed company, and its financial report can be consulted publicly.
@lumtavon1952
@lumtavon1952 6 сағат бұрын
No profit only killing cheap ICE cars in China. That's clear
@nr5494
@nr5494 6 сағат бұрын
Moore’s Law specifically applies to electronics, particularly the semiconductor industry, where it predicts that the number of transistors on a chip will double approximately every two years, leading to exponential growth in computing power. While it directly pertains to advancements in semiconductor manufacturing, its broader idea of rapid technological progress has inspired comparisons in other fields. However, other industries follow different models of improvement, and Moore’s Law itself remains unique to electronics.
@fatdoi003
@fatdoi003 13 сағат бұрын
seems China is the most capitalist market... gov't gave subsidies to any cars that're made in china... it's all about being competitive on design, features, pricing, service..... if you're good, you'll survive...
@davidwestwater2219
@davidwestwater2219 11 сағат бұрын
No china has never made a dollar selling cars of its own. This is all done with subsidies from the government gigantic, unbelievable subsidies
@peterpan6821
@peterpan6821 11 сағат бұрын
Forbidding the sale of ICE vehicles is hardly letting the free market decide.
@larryc1616
@larryc1616 10 сағат бұрын
​@@peterpan6821they like clean air in China
@fatdoi003
@fatdoi003 10 сағат бұрын
@@peterpan6821 gov't policy to become carbon neutral according to Paris accord... if ICE cars can be carbon neutral.... bring it
@SaintKimbo
@SaintKimbo 10 сағат бұрын
Massive Government subsidies for EV's that allow the Chinese Manufacturers to sell for very little, or no profit, is not capitalism, it's Government driven cronyism that is aimed at driving legacy auto makers out of the Chinese market.. This is what Viking never tells you.
@good-g2w
@good-g2w 3 сағат бұрын
thanks mate here is some #Cancerawareness info,, Lung cancer in young nonsmokers is on the rise: Uncovering the cause; Vehicle Exhaust. What does exhaust consist of? Examples of these chemicals include polycyclic aromatic hydrocarbons, benzene, formaldehyde, acetaldehyde, acrolein, and 1,3-butadiene. Diesel exhaust also contains gaseous pollutants, including volatile organic compounds and oxides of nitrogen (NOx).
@DimSpa
@DimSpa 9 сағат бұрын
I admire the progress and innovations. But before jumping to conclusions we should know at least the following: - are Chinese automates currently profitable? If not, does their path to profitability entail price hikes (relative to competitors) or will economis of scale be sufficient? - do they receive subsidies and if yes, how sustainable is this?
@FergalByrne
@FergalByrne 9 сағат бұрын
The name for this is Wright’s Law, Moore’s Law is about the density of transistors on a chip.
@TeamAgainstWild
@TeamAgainstWild 9 сағат бұрын
Great source of information 😀
@electricviking
@electricviking 5 сағат бұрын
Glad you liked it
@fatdoi003
@fatdoi003 13 сағат бұрын
BYD got 1/2 of top 10.... hope their new tech will come online asap... but no Zeekr or Xpeng?? seems domestic and oversea markets are very different
@Zavier-ks6cb
@Zavier-ks6cb 7 сағат бұрын
The competition is just too fierce, and the market above 200k yuan is shrinking fast. You've got Tesla, Xiaomi, Li Auto, Wuling, Zhiji, Avita, BYD - none of them are easy to mess with.
@deepseer
@deepseer 5 сағат бұрын
Fancy-looking sedans costing around 200k to 300k RMB don't have a place in China. Including Tesla Model 3. The only exception is the Xiaomi SU7, and few had predicted this. Even BYD's Seal is not selling well in China. At this price range Chinese people prefer larger SUVs.
@chopinmack5418
@chopinmack5418 8 сағат бұрын
When will the Wuling EV's available in Australia ??? A good EV for local shopping purposes .
@trainman9119
@trainman9119 12 сағат бұрын
Lifetime warranty? Is that the lifetime of the car or lifetime of the company?
@davidthompson7817
@davidthompson7817 12 сағат бұрын
Whichever comes first!😂
@copaloadofthis
@copaloadofthis 11 сағат бұрын
Or the lifetime of the original owner ? Be interesting to see the fine print of that warranty - and furthermore just how legally enforceable would the warranty be if the Chinese company decides to dishonour it for some no good reason ?
@peterpan6821
@peterpan6821 10 сағат бұрын
I'd rather have a warranty from a company that's been around for a few decades than a few years. Easy come, easy go.
@andrewsaint6581
@andrewsaint6581 9 сағат бұрын
Do government bailouts count? gm went bust.
@braddibble5581
@braddibble5581 46 минут бұрын
Well CNN did finally post an article about this. Sadly they didn't mention China's work on stopping pollution. But they do see that legacy auto is in big trouble. They mostly focused on GM as GM was saved for a time by their sales in China. RIP ICE!!!
@NoiserToo
@NoiserToo 4 сағат бұрын
EV’s are the tip of the spear….I enjoy your channel, Sam., despite the cheerleading.
@gressshap8200
@gressshap8200 4 сағат бұрын
EV technology plays into China’s strengths…. I would buy one given the price they pay! But too expensive in the UK for private buyers given their huge depreciation!
@craftscute
@craftscute 8 сағат бұрын
Legacy auto makers can't compete with subsidiesed local automakers, that's it.
@thomasmccormack4796
@thomasmccormack4796 5 сағат бұрын
I have never heard of a major industry in north America that was not subsidized with corporate welfare.
@JoeyBlogs007
@JoeyBlogs007 3 сағат бұрын
Lifetime drivetrain warranty is ok, but what's the lifetime of that $5K EV? 5 years ???
@mijmijrm
@mijmijrm 12 сағат бұрын
With all the excellent public transport, is the any general need for anything other than a small car?
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
nice ideology, however, people will be people. So it will not work in the real world in the near future.
@AbdulDsouza
@AbdulDsouza 4 сағат бұрын
Daw s coventionsl basketball court marked out?
@zorang
@zorang 11 сағат бұрын
Hey Sam "@The Electric Viking", love your channel and watch 3-4 videos each day....yet you need to correct "doubling in production there is a 20% reduction in price" this is not Moore's law, it is Wright's law.
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
who cares.
@siriusman6169
@siriusman6169 8 сағат бұрын
We care, We learned
@jeffreygumz7140
@jeffreygumz7140 3 сағат бұрын
Here in Baguio City, Philippines I can see BYD Seagulls here. Am planning to buy a Toyota SUV to replace my old Pajero but seems am a bit afraid as electric cars are real. So am still holding back and see.
@davidthompson7817
@davidthompson7817 12 сағат бұрын
Nissans new boss is said to be asking for a 50% cut in HIS pay. They can see their demise on the horizon and at least they’re starting to act… I hope it’s not too late.
@chinesecrested9528
@chinesecrested9528 9 сағат бұрын
All us ceos need to take a pay cut
@vanhocwong6689
@vanhocwong6689 7 сағат бұрын
EV is the future. Good for the environment and now cheaper than ICE.
@NostromoVA
@NostromoVA 6 сағат бұрын
I really love and appreciate your content, Sam. I think, though, you are citing Wright's Law when you speak of a 20% reduction in cost after a doubling of production. Let me know if I'm wrong.
@michaelodonnell7011
@michaelodonnell7011 12 сағат бұрын
The PLAN is working...
@ronniebrown806
@ronniebrown806 12 сағат бұрын
Hannibal Smith?
@chriszzw30
@chriszzw30 9 сағат бұрын
In the first world no one is buying EVs. They simply are not up to scratch. The only ones you see are employer deals, heavily incentivised. You would have to be bonkers to waste your own money on one.
@vegamoonlight
@vegamoonlight 9 сағат бұрын
Yeah, the First world countries are getting poorer. They only rely to low population count so they could still have higher per capita to make it seem they are still developed countries. 😂😂😂
@mddah01
@mddah01 8 сағат бұрын
Not where I live! Wall to wall Teslas and increasing numbers of BYDs. The media keep telling everybody that EVs dont sell but just use your eyes. Most sales of ICE vehicles now are large trucks. I never see new Ford or GM saloons and very few prestige brands - just SUVs.
@chriszzw30
@chriszzw30 8 сағат бұрын
@@mddah01 sorry to hear that, assume you are in CA
@petalson
@petalson 8 сағат бұрын
@@chriszzw30 lol, I assume you have never left your back yard.
@oemcargps
@oemcargps 8 сағат бұрын
If that's the case, there is no need for US/Canada to impose 100% tarrif, EU to impose 30+% tarrif.
@JamesPink-j2k
@JamesPink-j2k 8 сағат бұрын
Game, set, match...
@Alex-l6d1f
@Alex-l6d1f 8 сағат бұрын
Tesla software upgrades are the update. They don’t need a new shape every year
@MarufoVega
@MarufoVega 4 сағат бұрын
exodus from china is much more widespread in manufacturing than just autos. many firms have left completely.
@gressshap8200
@gressshap8200 4 сағат бұрын
Tesla models are updated daily…. that’s why they sell constantly. I should know because KZbinrs keep telling me and they don’t lie
@olegmorozov2195
@olegmorozov2195 7 минут бұрын
In 3 years european car majors have dissapeared in Russia. They are gone! Forever!
@GaryKennedy-g7p
@GaryKennedy-g7p 12 сағат бұрын
the market in China has crossed a tipping point if you are a Chinese buyer ..... you want to know that you can sell your car 2nd hand later ...... who in their right mind in China would not buy a Chinese branded EV ? .... it is just commonsense for your average person
@PomegranateChocolate
@PomegranateChocolate 12 сағат бұрын
You have a good voice. Have you tried Karaoke?
@peteregan3862
@peteregan3862 5 сағат бұрын
Legacy auto worldwide, including in China, will disappear as technology gives advantage to a few companies. Perhaps some Tier 1 suppliers in China will be forced by provincial governments to supply vehicle tech to provincial bodybuilders.
@filiperiksson9239
@filiperiksson9239 Сағат бұрын
at the same time legacy media companies also dies
@johnaunins2404
@johnaunins2404 7 сағат бұрын
Great video Sam
@Alex-l6d1f
@Alex-l6d1f 8 сағат бұрын
Tesla strategy can’t be too bad. Model Y best selling car worldwide outright second year in a row BYD and Geely have a long way to go for world sales for one model amazing sales
@mikepp831
@mikepp831 3 сағат бұрын
the fact that the entire US market is not open to chineses eletric cars and they still compete with tesla is incredible.
@InformedKiwi
@InformedKiwi 12 сағат бұрын
No Toyota at all in the top 20?
@SaintKimbo
@SaintKimbo 10 сағат бұрын
They never fell for the EV scam that is now killing VW, Volvo, GM and Ford and the other 'legacy' auto makers that aren't on the Chinese Government funded EV gravy train.
@Zavier-ks6cb
@Zavier-ks6cb 7 сағат бұрын
Most traditional car brands just rely on price cuts to keep their sales up. The Camry didn’t cut prices much, so its sales dropped.
@deepseer
@deepseer 5 сағат бұрын
Toyota has a reputation in China for being affordable and fuel efficient. However, neither of these two attributes can compete with Chinese EVs. Toyota manages to maintain sales by cutting prices and cannibalising other Japanese brands. Honda and Nissan are losing huge market share every year, while Suzuki is completely out.
@Alex-l6d1f
@Alex-l6d1f 8 сағат бұрын
Tesla strategy can’t be too bad. Model Y best selling car worldwide outright second year in a row BYD and Geely have a long way to go for world sales for one model amazing sales Chips are from Taiwan btw
@mnhsty
@mnhsty 2 сағат бұрын
How come none of the Tesla-focused channels I follow informed us of the AI computer fiasco with Tesla AI4?
@williamlewandowski129
@williamlewandowski129 5 сағат бұрын
I remain astounded at China's infrastructure. In my Chinese 'small' city there are charging stations everywhere, more than gas stations. There are condo buildings going up all around me, that will probably sit empty for a awhile due to overbuilding. But someday will be housing for rural families moving into the cities. Totally opposite to the housing shortage in the US. The cost of living is unbelievably low (outside the mega cities) where my retirement income is essentially tripled or more. My rent for a very nice 3 bedroom apartment is $400 USD a month. I am another fortunate baby boomer who has decided to retire overseas to a much lower cost of living country, in which the style of living is higher. And yes, I will be buying an electric car soon. Cheers!
@GrillerGT
@GrillerGT 44 минут бұрын
I've never owned a new car... I've always got by getting 10 year old used ones. I don't think these EVs will be able to do the same for me >_
@timothyshiu2263
@timothyshiu2263 10 сағат бұрын
Gas car is done. Next gas price going to blow up for those who can’t afford expensive EV car in US.
@daveandjanwoolf8078
@daveandjanwoolf8078 5 сағат бұрын
What is happening to all the Trade In cars in China?
@ThomasHaberkorn
@ThomasHaberkorn Сағат бұрын
Legacy Auto is crying for better charging infrastructure
@peterwestphal925
@peterwestphal925 12 сағат бұрын
It's wrights law
@inmcity
@inmcity Сағат бұрын
Seems like China does this with many different industries. Invite foreign companies to build factories utilizing beneficial financial and labor incentives. Teach the Chinese the technology and methodology for production. The Chinese build their own competing products using this new knowledge. The government subsidizes production so the product pricing can undercut legacy manufacturers. Gain market share.
@mickgatz214
@mickgatz214 11 сағат бұрын
"Where are the Chips coming from?. hehehe he he" < PLEASE EXPLAINE! 😂👍
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
potatoes?
@mickgatz214
@mickgatz214 6 сағат бұрын
@@TerryHickey-xt4mf 😂
@Corsa15DT
@Corsa15DT 6 сағат бұрын
im surprised they have tesla so high in the list.
@dgad001
@dgad001 8 сағат бұрын
Tesla Model 3 85% increase, he skipped that important part.
@shaunbaileyuk
@shaunbaileyuk 8 сағат бұрын
European cars have a pricey problem-too much cost, not enough innovation, especially in manufacturing. The shift to electric has only cranked this up. Just take a look at the sticker prices on the latest electric BMWs, VW's or Porsches!
@Zavier-ks6cb
@Zavier-ks6cb 7 сағат бұрын
Even after a 40% price cut, the electric BMW i3 still has very low sales in China.
@Discoworx
@Discoworx 10 сағат бұрын
Hey EV. Those hats and hoodies are waaay to expensive. Made in Germany?
@rogerharries8081
@rogerharries8081 3 сағат бұрын
WRIGHT'S LAW NOT MOORE'S LAW
@spadress
@spadress 8 сағат бұрын
Moores law is about numbers of transistors on new chips not economies of scale of factory production 😂
@coveksplanine
@coveksplanine 8 сағат бұрын
"Honest" and "Chinese" shouldn't be used in the same sentence
@asgan28
@asgan28 6 сағат бұрын
Sour 🍇'American' and 'tariffs' have nothing to shout about too! EVs are great for the 🌎 that's the whole 'TRUTH' no propaganda
@Corsa15DT
@Corsa15DT 6 сағат бұрын
yea vw is pretty much fawked up
@petermillecento4906
@petermillecento4906 9 сағат бұрын
you can't beat cheaters
@alicat398
@alicat398 7 сағат бұрын
They are selling golfs in china for the eqivilent of 20k euro. And losing. You are not going to get eu citizens to buy the same golf for 40k. Its not that ev is better. But its cheaper and better value. Consumers can take a hit in some areas to put thousands in their pockets.
@cerealxperimints
@cerealxperimints 12 сағат бұрын
Ahh our good friend the chinese viking lol
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
tell us your vision of the future then?
@peterpan6821
@peterpan6821 10 сағат бұрын
Not the CCP. If electric is the future, it must happen organically like every sector. No subsidies, no government provided infrastructure, no artificial timeliness.
@ryanjuguilon213
@ryanjuguilon213 10 сағат бұрын
@@peterpan6821 lol. A westerner telling us no subsidies. You got fat from government subsidies my friend. Two financial crashes in my recent memories and no wholesale of bankruptcies for american companies. Where did that money printer go again? To american consumers or american companies? When was the last time a western company has an Evergrnade event? can't remember? Western world is not really pure capitalist, they are mercantilist pretending to be advocate of "free" trade. why is gains produce by west african subsistence farmers more expensive than EU grains? is it because french farmers are sooooooooooooooooooooooooooooooooo efficient or massive EU subsidies and dumping? You guys are funny. You love to spew horseshits
@SaintKimbo
@SaintKimbo 10 сағат бұрын
Yes, Viking is very disingenuous, Chinese EV's are great and all, but NO foreign company, cars or otherwise, can compete in a country where the Government is giving the sort of subsidies and rebates to local manufacturers and Customers as the Chinese Government is currently giving. Viking, rarely mentions that huge elephant in the room.
@martinwoollett8468
@martinwoollett8468 5 сағат бұрын
@@peterpan6821 unlike ice and fossil fuel then?
@pranshukrishna5105
@pranshukrishna5105 10 сағат бұрын
Tesla will also not be spared in this bloodbath
@Discovery2024-rn8kn
@Discovery2024-rn8kn 8 сағат бұрын
Don't understand the Tesla hype, got to test drive. The interior is plastic, seats are not that comfy. Acceleration is great and a big centre screen but that's about it. NO wow factor
@pranshukrishna5105
@pranshukrishna5105 8 сағат бұрын
@@Discovery2024-rn8kn exactly, cheaper chinese cars will throw out that wow factor soon
@hatersgonahate-lol
@hatersgonahate-lol 7 сағат бұрын
😂
@mikafiltenborg7572
@mikafiltenborg7572 7 сағат бұрын
Tesla model Y was the Best selling carmodel on planet Earth in year 2023 😂🎉🎉🎉
@pranshukrishna5105
@pranshukrishna5105 6 сағат бұрын
@@mikafiltenborg7572 not for long
@mikafiltenborg7572
@mikafiltenborg7572 7 сағат бұрын
EV-disruption....
@mitebcool
@mitebcool 10 сағат бұрын
EV's had to running to big daddy government to force people to buy him 😂
@oemcargps
@oemcargps 7 сағат бұрын
No need when you have the scale
@vanhocwong6689
@vanhocwong6689 7 сағат бұрын
Does not matter whether its ICE or EV, the Gov subsidized it. We in Australia, was handing over more than $1B each year to legacy Auto-makers to produce cars in Australia - that was equivalent to circa $20,000 per car. And it wasn't that long ago, the US Gov was handing out hundreds of billions to save the ICE industry.
@NoiserToo
@NoiserToo 13 сағат бұрын
Considering CCParty’s policies, it’s a wonder that any legacy players can still sell cars in China.
@blueeyes6192
@blueeyes6192 12 сағат бұрын
bye bye legacy auto 😂
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
tell us more!
@SaintKimbo
@SaintKimbo 10 сағат бұрын
Yes, Viking is very disingenuous on this point. It's all well and good to rave on about how legacy auto manufacturers are getting creamed by the locals, but a huge factor in that state of affairs, is, how the Chinese Government, is subsidizing the locals, and not simply because chinese EV's are just 'better'.
@turtlesoup8134
@turtlesoup8134 10 сағат бұрын
@@SaintKimbo Tesla is also getting the subsidy. Legacy automaker that produce EV in China is getting the subsidy too. How is the gov policy a problem?
@vegamoonlight
@vegamoonlight 9 сағат бұрын
​@@SaintKimbouhm, the Chinese buyers are smart enough to choose the best Chinese-branded cars, not only for patriotism but more possibly because they are aware of the high quality of Chinese cars compared to before. If not, Ford and GM cars would still thrive in China.
@user-nh1yb9mk7y
@user-nh1yb9mk7y 13 сағат бұрын
Why are you so happy? TESLA is next on the chopping block😂
@bjm23vancity92
@bjm23vancity92 12 сағат бұрын
Ha ha funny but why would that be exactly???
@williamblue9996
@williamblue9996 11 сағат бұрын
are you a bot
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
please explain.
@mikafiltenborg7572
@mikafiltenborg7572 6 сағат бұрын
Tesla model Y was the Best selling carmodel on planet Earth in year 2023 😂🎉🎉
@user-nh1yb9mk7y
@user-nh1yb9mk7y Сағат бұрын
​@@bjm23vancity92because BYD and other Chinese companies are waging a price war. Chinese are increasingly nationalistic and want to buy Chinese brands. BYD is cheaper and some might argue is more technologically advanced than Tesla. Tesla is losing in value for price comparison with BYD.
@potatosmuggler7927
@potatosmuggler7927 12 сағат бұрын
EVs falter real quick,i bought one here in India not tio expensive,@ $20k but the resale plummets like a rock,used cars dealerships devalue the car and no one wants it, Chinese evs are being pumped up by govt subsidised policies and support, watch it vanish when the govt backs down
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
no need to sell it, I have an MG ev and it has been faultless for 2 years and has all the fruit. So why would I want to sell it?
@peterpan6821
@peterpan6821 10 сағат бұрын
Just because you don't, doesn't mean noone else does. Change of circumstances, divorce, illness, debt, company car. The answer to depreciation is hardly to tell people they must never sell.
@Zavier-ks6cb
@Zavier-ks6cb 6 сағат бұрын
Right now, China’s car market doesn’t need subsidies at all. They stopped the subsidy policy back in 2021. It’s just that you guys keep reading Western media and don’t really understand the situation in China. The market is in a phase of elimination - if your cars aren’t good enough, you’ll go under. In China, all cars depreciate, and gas cars lose value even faster because new models always come with more features, and sometimes at a lower price. Only when there’s not much difference between new and old cars can used cars hold their value. That’s just a natural result of market development. Would you buy a Nokia just because smartphones are evolving so fast?
@martinwoollett8468
@martinwoollett8468 5 сағат бұрын
@@peterpan6821 the depreciation is due to ev's becoming cheaper every year. Give a few years and it will be ice cars you can't sell used.
@RoverIAC
@RoverIAC 10 сағат бұрын
This place really is a gathering of fools.
@jdcarguy1242
@jdcarguy1242 13 сағат бұрын
About 80% of all the profits go to Tesla of all top 20.
@vegamoonlight
@vegamoonlight 9 сағат бұрын
Tesla using Chinese parts including BYD batteries yeah. Check your brain next time.
@martinwoollett8468
@martinwoollett8468 5 сағат бұрын
@@vegamoonlight what? so does every one else.
@jj9749
@jj9749 3 сағат бұрын
Please never use the words Moore's law in your videos ever again!
@RoverIAC
@RoverIAC 10 сағат бұрын
Chinese charts are just as reliable as Chinese electronics....... it's Temu country.
@kenw.4539
@kenw.4539 8 сағат бұрын
Just like the endless "coming collapse of China or the Chinese economy" reports.
@Transformer-x6t
@Transformer-x6t Сағат бұрын
You can't even spell "accelerating". And this is a car guy?
@alburaq3290
@alburaq3290 11 сағат бұрын
The Moore's law quote, is it some kind of an inside joke or is he just totally clueless? Hard to take this guy seriously when he keeps spouting stuff that he knows nothing about. He thinks Moore's law is about cost of car production lmao 😂
@kenw.4539
@kenw.4539 8 сағат бұрын
He's using "Moore's law" in broad terms, as a general concept meaning with Chinese EVs you are constantly getting substantially more for the same price vs. legacy, Western car makers who are out to rip you off. Stop nerding out.
@alburaq3290
@alburaq3290 7 сағат бұрын
@kenw.4539 Moore's law is about transistor density on semiconductor. What's it gotta do with car manufacturing in "broad terms"? Words mean something for a reason. The way he says it seems like he really has no idea what he's talking about. Makes me question his intelligence.
@lightale1367
@lightale1367 13 сағат бұрын
EV'S Worthless
@bjm23vancity92
@bjm23vancity92 12 сағат бұрын
The Tesla Model Y was the best selling car in the world, in the world in 2023. Currently in 2024 its No 2 and may finish No 1 again. Cleary many people have proven you wrong over and over....
@tuesdayblues3646
@tuesdayblues3646 12 сағат бұрын
@@bjm23vancity92 Just because something sells doesn't mean it's a good product. Many people are just wannabes
@bjm23vancity92
@bjm23vancity92 12 сағат бұрын
@ The comment was worthless...
@bobc5730
@bobc5730 12 сағат бұрын
Such a thoughtful comment backed by a truly in depth analysis of the market place. I am sure you regret the transition from horse and buggy to the automobile.
@williamblue9996
@williamblue9996 11 сағат бұрын
are you a bot
@markrowland1366
@markrowland1366 13 сағат бұрын
Just you wait to see what the big automakers will do when they get going. Tesla cars will be destroyed?
@bjm23vancity92
@bjm23vancity92 12 сағат бұрын
Huh...what does that mean? Which automakers and what are they going to do ?
@4svideosforschool
@4svideosforschool 12 сағат бұрын
Legacy auto is going to have to partner with Chinese companies and just rebadge at this point. Legacy cars are way too expensive and they won’t produce cheap EVs. New ICE cars are so expensive, it was cheaper to get a 2021 Lexus ES 350 very low miles than a new Civic! And any equivalent EV was $15,000 more. Nothing will change in America until EVs are $25,000 and under. The idea that $35,000 is a good deal is a joke. Most people cannot afford the payments.
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
tell me more, sounds fascinating.
@martinwoollett8468
@martinwoollett8468 5 сағат бұрын
nice satire.
@Adeynan
@Adeynan 9 сағат бұрын
😂😂 why there is no ev factory in australia 🦘...
@RickBlaine
@RickBlaine 8 сағат бұрын
The masters have deemed it not in their interest. A bit like our internet. Third world dumping ground is good enough for the tax slaves!
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