EV market in China over 4 times the size of US. 8.7% China vs 1.8% US. In Norway over 50%.
@oscarmike45963 жыл бұрын
But don’t tell the CNBS talking head that secret. TSLA and WLMTF 💎💎
@tubetop1233 жыл бұрын
That guy has zero clue
@ubermenschen36363 жыл бұрын
@@tubetop123 ::: he replaced a dumb blonde.
@smoochie33313 жыл бұрын
who cares when china still stuck with kenny G lol
@smoochie33313 жыл бұрын
@Wolf Warrior yet they still play kenny g in every show.
@counterjk3 жыл бұрын
Poorly done interview by both sides unfortunately ...
@macioluko94843 жыл бұрын
CNBS - The FUD standard for news.
@Jyahalom3 жыл бұрын
Wow, a $5,000 GM is outselling a $30,000 model 3? I’m sure their safety and specs are right on par with one another, just like the price tag.
@zaydevans20773 жыл бұрын
Bet the margins are through the roof on a 5 thousand dollar golf cart bahah
@MortekX3 жыл бұрын
Its called Wuling Hong Guang mini ev and doesn't have anything to do with GM just cheap chinese brand afaik
@evanh93013 жыл бұрын
GM finessed to buy the shares of Wuling back in the days, GM is just a shareholder. It has not much to do with GM product wise.
@Pouyasin3 жыл бұрын
@@MortekX it's subsidiary by GM
@theolich43843 жыл бұрын
@@Pouyasin Don't think the car is legitimately GM, kinda like the BioNTech vaccine which isn't technically developed by Pfizer...the Wuling Mini EV is being sold in Europe as the Dartz Freze. It goes its own way.
@parkerconnor4933 жыл бұрын
Well this entire video was an absolute joke
@user-mhgu6om9mj2t3 жыл бұрын
No parker. Envy is your problem. Lol
@parkerconnor4933 жыл бұрын
@@user-mhgu6om9mj2t that's fair😂
@MM-tb2fg3 жыл бұрын
Go Tesla!
@rhaegal54203 жыл бұрын
This CNBC guy has no clue god bless his heart 💜
@dhruvitpatel59453 жыл бұрын
That's just Joe being Joe, nothing new
@tonypaca30153 жыл бұрын
🤣🤣🤣
@ipenguin39183 жыл бұрын
I don't think now even CNBC gives you a solid - I'll bet my money it - picture. It's became MSM..
@jongsheen76063 жыл бұрын
CNBC anchor is ignorant: "Chinese EV market is smaller than the US."
@user-mhgu6om9mj2t3 жыл бұрын
Where is your proof joker?
@nsng12983 жыл бұрын
Americans are usually very ignorant about the outside world. When I closed my account with Merril Lynch US, I received a letter with a cheque for the balance in my account addressed Singapore, Japan! The irony here is Merril Lynch has an office in Singapore! China has been the largest automotive market in the world since 2009. Currently, its market size is larger than the combined markets of the US, Japan and Germany. China is the largest market for both BMW and Mercedes. 40% of Volkswagen revenue comes from China. China is now the largest EV market in the world accounting for nearly 45% of the total EVs or nearly 2.3 million units. Europe and the US are way behind with 1.2 million and 1.1 million units respectively, www.virta.global/global-electric-vehicle-market
@WANDERER00703 жыл бұрын
@@user-mhgu6om9mj2t Google it dumbo
@SpyFromMarsZeus3 жыл бұрын
Well, a certain unpleased Tesla owner surely has already been on top of a Tesla car lol
@freeclips81443 жыл бұрын
NIO TO THE MOON 🚀📈🔥
@Wongseifu5483 жыл бұрын
Probably explode girst before that happens
@explosheep3 жыл бұрын
XRP!XRP! ops wrong channel
@tobyli523 жыл бұрын
That host is so arrogant it is stupid "their EV market must be smaller than here in US right?" lol
@kelanzhi72693 жыл бұрын
美国人,你还指望啥
@chinesemedicine3 жыл бұрын
They can't top Tesla because this was Teslas goal in the first place. To speed up the transition to electric vehicles
@BryceLovesTech3 жыл бұрын
Thank you
@asdasdf83613 жыл бұрын
No gen Z will buy a cadi or Ford lmao
@muhlor3 жыл бұрын
everyone is still laughing their ass off about calling it "Mustang" :D
@stbhansen3 жыл бұрын
How does this guy keep his job. Even she can't figure out what he's asking while he's trying to downplay EVs.... lol, funny stuff.
@bigggmustang733 жыл бұрын
Jim is a little slow
@jamesadamson30163 жыл бұрын
Can’t believe some of these guys who report on global economies have no idea what is going on in the EV world.
@choegyal1003 жыл бұрын
Canalys forecasts 1.9 million EVs will be sold in China in 2021, growth of 51% and represented 41% of global EV sales, China is still far ahead of the USA for EV share.
@davidmannion53623 жыл бұрын
This so called business channel does not know the % of EV cars sold in China and keeps making the ridiculous claim that ICE manufacturers are ‘competition’ to TESLA, NIO XPING etc. Pathetic.
@johanbronkhorst48523 жыл бұрын
Joe must be the laziest reporter around. He is hosting a piece on the EV show in China and has no clue what the share of EVs is for automotive is in China. No Clue. Joe next time, please just spend 5 seconds doing a Google search, it will save you and CNBC all this type of embarrassment.
@user-qi3hf8ko3q3 жыл бұрын
there’s something really off with this video
@Kevin-kd6hf3 жыл бұрын
no mention of the TESLA protest today?
@najibyarzerachic3 жыл бұрын
so CNBC flew this chic to china thousands of miles away to report on Evs and she does not know the market share of electrics in China. no research whatsoever. Good tour for her though. By the way as of March the market share of New energy vehicles (BEV+PHEV) is around 8% way ahead of that old dudes 2% guesstimate. Of the 6.48 million vehicles sold this year so far, 509k are NEVs.
@rggc20083 жыл бұрын
Cant compare a Golf cart with a Tesla.....😡🤪
@oscarmike45963 жыл бұрын
I hated that she said golf cart. The Wuling is actually not a bad car. Absolutely doesn’t meet US standards but China is a very broad market. That is why Wuling has been outselling Tesla in later 20220 and 2021. I’m a huge Tesla fan holding 650 shares but I know the China market first hand so I own WLMTF as well
@jameschang72743 жыл бұрын
No mask in chinese trade show environment is impressive
@secanes0243 жыл бұрын
What's impressive about it? You act like it's 1000s of people in there
@michaeljiang9603 жыл бұрын
@@secanes024 today is just the fist day, media day. wait until the real open days for average people. I am holding my ticket for this sunday.
@dukewellington70503 жыл бұрын
NIO gonna take it
@jamesadamson30163 жыл бұрын
At least Phil who interviewed the CEO of Toyota North America today knows what he ‘s talking about, not all bad.
@Furyswe13 жыл бұрын
Someone please explain to this reporter how a s-curve look like. Sales of EV:s are exploding in many countries............
@jasonwang66413 жыл бұрын
someone actually went on top of a Tesla at the show lol
@DragoBTC3 жыл бұрын
"Automakers battle for 2nd Place behind Tesla"
@Yenhongsin773 жыл бұрын
But tesla actually no 2 in unit sales in china, and no 3 king of catch up to tesla
@SuperCowboys163 жыл бұрын
Correction, automakers are battling for profits and customers. Tesla will eventually be a brand just like Audi, BMW, Mercedes Benz, etc......
@Mrbfgray3 жыл бұрын
@@SuperCowboys16 It's *THE* Brand in China and the USA already. No one really want's that $5k golf cart with windows, it's just affordable--until you get in a crash.
@daddystired3 жыл бұрын
I have a Tesla model Y 460 a month with 10 bucks added for energy =470 Compared to the Subaru I had 455 a month with 105 with gas a month. =560 Tesla wins
@jghall003 жыл бұрын
The gas savings on my Focus Electric covers the payment, because my other car is an Expedition.
@zack24153 жыл бұрын
NiO will be the local winner for China !
@zhikangchen10633 жыл бұрын
No. They are pretty much of high end. We still love cheaper ones. We will try more affordable item first.
@alexguy963 жыл бұрын
Nope highly doubt. It
@kelanzhi72693 жыл бұрын
no, just not NIO.
@corybrunson48093 жыл бұрын
Nio to the Moon!
@iderok53683 жыл бұрын
According to the driving data released by Tesla, the vehicle was running at a speed of 118.5 km/h just before the accident and then stepped on the brakes. With the emergency braking system activated, the vehicle's speed was lowered to 48.5 km/h just before the crash. According to the driving data, a crash occurred almost immediately after applying the brakes. After the ABS brakes started functioning, the time it took to the first crash was 1.8 seconds. Other cars around the world are always experiencing problems and lawsuits, but have you ever seen them protest on top of cars at a motor show in any country? Have you ever seen security let the protesters shout for a while and then pull them down late? This can only happen in non-sense countries. This is a show planned by the CCP.
@Timbo91663 жыл бұрын
FORD had it's moment. It's like Atari at this point and completely irrelevant.
@Feelthefx3 жыл бұрын
Says the city boy whose beta father never drove a truck
@paperflight58033 жыл бұрын
“Tesla break disfunction”🤣
@Vactiontogo3 жыл бұрын
honestly, no motor company will beat Tesla in the short term maybe in 8 or 10 years but not in the short term especially considering the growth of tesla
@naurasal91653 жыл бұрын
Japan is over. After Japanese electronic companies beaten badly by Korean and then China companies. Now... Japanese Cars.... The Japanese live in the past, they don't as flexible as Korean or Chinese Companies. Time will tell...
@youngtran53233 жыл бұрын
remember CNBC got paid from their clients!!!! GM, Ford, Toyota, Oil, Audi, Mercedes ( Golf TV tournaments, Basket Ball Tournament) Tesla don't buy Ad!!!
@tonypaca30153 жыл бұрын
Not by much though. Tesla managed to sell 35k vehicle last month 😂 in China. Much more than they sell here at home
@HCC7473 жыл бұрын
The person who stood on a Tesla car to protest breaks fail at the Shanghai auto show got into the event from NIO worker's pass. The first day of this show was for the media and autoworkers only. Source: Memehongkong youtube channel.
@rageagainstthemachinez9z4753 жыл бұрын
1:55 it hurts my brain when this guy talks lol
@sarutc473 жыл бұрын
Kenny G haha very typical background music in China
@yourelawyered3 жыл бұрын
It's the Chinese official Time to go home song lol
@grantguy89333 жыл бұрын
CNBS all day long.
@markplott48203 жыл бұрын
FORD is 118 years too late
@christiancalderon38213 жыл бұрын
🤣🤣🤣. Always late to the party. Cciv n nio🚀🚀🚀....I take gm over ford if I have to choose
@patrickbateman7833 жыл бұрын
GM and Ford are bankrupt when it comes to ideas. 🤣
@TheM0joDoj03 жыл бұрын
Didn't you hear her? That Gm golf cart is selling better than a Tesla Model 3 in China. GM and Ford will beat Tesla in China bc they are not specifically only going after "Cool" they are going after cheap. And in China, cheap always has the biggest market.
@jghall003 жыл бұрын
Just super risk averse. Most companies don't want to make themselves obsolete. Same thing happened with Microsoft. Despite dominating the PC industry, it missed search, mobile, streaming, etc.
@arekdovart573 жыл бұрын
FRSX 🚀🚀🚀🚀🚀
@ruthbeck17173 жыл бұрын
Tesla is the boss
@pierpaolopolla98533 жыл бұрын
“GM model sold more than the model 3” I’ll say it in italian: grazie al cazzo!!! GM ridiculous car is 5000$ vs 40.000$ model 3.
@oscarmike45963 жыл бұрын
I own both TSLA and WLMTF
@christiancalderon38213 жыл бұрын
Primo...Don't worry, gm 100 percent made in plastico😁
@edvannimwegen35553 жыл бұрын
What a terrible report, almost no information. Who approved this to be released. Time to send in some high school journalist.
@soothsayer24063 жыл бұрын
The Squawk box guy was mostly to blame....It looked like he did not believe in the success of the growing, successful lucrative EV car market in China and was in complete disbelief when Ford representatives were signaling that the Chinese Car Market was the most important.....Oh boy, the West really needs to update and fix their view on how advanced and successful the Chinese have become...
@markplott48203 жыл бұрын
CNBS tv - this is BS , TESLA is now the TOP overall Automaker in China, not just Electric cars. TESLA in MARCH 2021 was the TOP Automaker in MID size Luxury cars and is also the #2 & #3 BEV in China. Xpeng and NIO dont even sell in the TOP 10 or Top 5 anymore.
@keith63713 жыл бұрын
In terms of model 3, it is actually competing with Toyota in China, around 300k rmb. Midsize luxury in China costs around 350k to 500k. It will be interesting to see what happens to Tesla once major city customers are exhausted. Smaller cities in China don’t require car as big as Tesla, and trip distance is very short, around 5 to 10km.
@markplott48203 жыл бұрын
@@keith6371 - TESLA is already building a compact car for $23,000 in China.
@keith63713 жыл бұрын
@@markplott4820 it most certainly is not. There is some discussion about a model 2, but it is not in production. Tesla had some pretty bad publicity in China recently, and Chinese market has a reputation of turning very very quickly.
@markplott48203 жыл бұрын
@@keith6371 - again, Tesla Model C in China will be produced in 2022 and sell for only $23,000 according to NEW China news Service.
@keith63713 жыл бұрын
@@markplott4820 2022 isn’t already, do you know the difference between future and already? Or are you just stupid
@zouliang13473 жыл бұрын
Is Ford also doing EV right now? I don’t know why they choose Ford as their main performer rather Tesla or NIO
@musinclind373 жыл бұрын
CNBS. Don't put that Sheppard at the end of your video's! So ridiculous, waste of our time.
@DeepValueOptions3 жыл бұрын
Of course a car a fraction of the size and cost of a model 3 will outsell a model 3 because it’s so cheap anyway.. not much was said lol
@Thefungshow3 жыл бұрын
Kenny G!
@parvezahmedjalil73103 жыл бұрын
Nio Auto show 2021
@jccarlamaroe76783 жыл бұрын
I like that Ford builds the cars for China in China but in Mexico for America.
@patrickneal92883 жыл бұрын
bad segment should of shown NIO
@georgemaximus6943 жыл бұрын
These companies should have went on to promote their stocks in the financial media promising how great their companies are going to be instead of actually doing it. Look how Tesla became the richest car company yet sells little numbers of cars compared to other companies. Every car manufacturer needs a celebrity CEO who knows how to charm investors. That’s how money is made, through media promotions and popularity effects. Just come up with some crazy model car in the show that makes everyone salivate, asking when can you start buying the car. Then tell customers it isn’t going to be available until 3 or 4 years down the road. That way you don’t have to make any cars and the stocks just keeps going up with investors anticipating the company will do great once they actually deliver their promises. That trick really got tesla rich and everyone else will follow their examples.
@NewOrleansSeptember3 жыл бұрын
Why no mention of Nio, Xpeng or Li?
@jasons70443 жыл бұрын
Because this is a US news show, those cars don't sell in US. Only reason the mentioned the GM Lyriq?, is because its a footnote
@fredrickonjiko3913 жыл бұрын
Is anyone concerned that we use coal plants to power electric vehicle!!
@jamesbond-pc2co3 жыл бұрын
where is nio??? ET7 ..poor us
@terryyau51343 жыл бұрын
Tesla should leave China as soon as possible
@drsmetal27473 жыл бұрын
Tesla should invest in India 🇮🇳
@iostuber3 жыл бұрын
This CNBC moderator is the worst. He doesn‘t care at all about the topic he presents and has no clue about it
@streetpotato55743 жыл бұрын
hmm nothing about Tesla's brakes failing?
@sheenasmith45553 жыл бұрын
Tesla, GM, volkswagen Are also made in china..
@dovevmo3 жыл бұрын
From the conclusions of all the evidence in the media, I can not understand why it is assumed that the couple used an auto pilot, it is more likely that the driver drove recklessly, without an auto pilot, and due to a human error collided with a tree, it is unlikely the vehicle was in auto pilot.
@fredgordon89753 жыл бұрын
These guys need to do some homework
@evanh93013 жыл бұрын
Report the Tesla girl protest might boost your clicks lol
@chasep56693 жыл бұрын
NIO to the moon
@googlebanmetoomuch26013 жыл бұрын
Tesla is extremely overvalued!
@DeepValueOptions3 жыл бұрын
Ahh we love competition
@anonymousanonimity67183 жыл бұрын
sanctions coming
@zouliang13473 жыл бұрын
really?
@TeslaEVolution3 жыл бұрын
CNBC....always clueless on Tesla!! Ford will go extinct.
@eMPaNaH3 жыл бұрын
lmao CNBC "what is it. 1%?" yes dude, all these companies are fighting for 1% and they all wrong except you, nah, its almost 10% and growing
@teofilol26663 жыл бұрын
Tesla is only among one of the top EV in China, don't rate yourself too high!
@NTJamesBond3 жыл бұрын
This guy is clueless and not surprising either
@Heloquiti3 жыл бұрын
NIO is doing today what Amazon did years back. Setting the terrain for massive growth. Their battery swap tech lowers entry from $70,000 to just over $40,000 for a high end auto that competes & beats Tesla. This company is going to explode in sales.
@gazlives3 жыл бұрын
battery swap doesn't scale, neither in revenue or in availability of batteries. is why Tesla abandoned it. it can work for high expensive EVs maybe.
@Themanvrg3 жыл бұрын
Tesla is king!!
@Supra_Mare_Cultro_Bloke3 жыл бұрын
this reporter should be fired
@CumBrianFries3 жыл бұрын
It's not an auto convention in China without Kenny G playing the background...
@theolich43843 жыл бұрын
They play it when the event is about to wrap up for the day, while CNBC is conducting the live coverage. Time difference...
@hyp-o-crite-3 жыл бұрын
is it about self drive + battery computer car they are all behind tesla
@Burgermonster3 жыл бұрын
Is this guy living under a rock?
@drewkay3 жыл бұрын
This guy has no clue what he's talking about!
@kushalb8193 жыл бұрын
50% of companies dont even have EV features, just a prototype for display 😛. To keep customer confidence in the brand while they ramp up soon. See the fake smile when mentioned about ford ~
@Gothic2583 жыл бұрын
interesting that in the country where the population is the most controlled in the world these things happen with the guards around who stand still and do nothing, who knows if the same thing would have happened if the car had been of a Chinese company
@coffeeandwealth8853 жыл бұрын
Damn, as relevant in the future as in the past......... so irreverent
@godzillamothra59833 жыл бұрын
EV is almost certain be a mandatory in China automotive sector in the next ten years.
@gazlives3 жыл бұрын
uk will be in 2030. no more ICE allowed to be sold after this date. less than 9 years away.
@godzillamothra59833 жыл бұрын
@@gazlives Few years ago, I heard Chinese gov almost set a date to get rid of ICE. But the foreign automakers complained about it and asked the Chinese gov to give them some time. So the Chinese gov postponed it.
@TeslaEVolution3 жыл бұрын
CNBC How can you stay so clueless?? CNBS is a better name 4U.
@leiyue14113 жыл бұрын
Ev counts for 5% of new sales in China
@peianghe24663 жыл бұрын
Time to buy Chinese EV stocks
@WANDERER00703 жыл бұрын
What a bunch o ignoramuses ! China is largest ev market and producer of Evs in the world now do your research ffs
@keysglim3 жыл бұрын
Nvrmind just a bunch of copier Since 2004 ellicca from japan
@Anomize233 жыл бұрын
Wait for Toyota bringing out 70 new models. And yes I mean 70. Toyota can be slow but they always come in at that last punch.
@gazlives3 жыл бұрын
it will be a slow ramp for Toyota as they've admitted themselves. 2030 before they are considering producing a high percentage of EVs. they are still banking on their Hybrids for another 2 decades till dry cell fast charge batteries are mature.
@Anomize233 жыл бұрын
@@gazlives of course because hybrid is the way to go. Not everyone has access to a plug. As a property manager at an apartment complex, its not gonna happen anytime soon for a full EV transition anyways and theres tons of complexes everywhere so they’ll be just fine.
@bmovinz74683 жыл бұрын
Since I got money on this I would like to say ford I got all puts ready for 2023 😂😂
@robertsullivan56263 жыл бұрын
ford is going out of business in five years
@zacklee51683 жыл бұрын
Horrible reporting and a racist host who clearly looks like he's jealous of the Chinese EV market
@miguellopez33923 жыл бұрын
Your pretty racist.
@ivantomislav93653 жыл бұрын
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@jackyu91493 жыл бұрын
what?
@Mrbfgray3 жыл бұрын
Few or none have enough batts even if they could otherwise sell 'em.
@vlong83 жыл бұрын
Tonight EV Stocks easy money.
@Vactiontogo3 жыл бұрын
considering price tesla also wins Tesla has the capability to make Evs cheaper than other competitors could, including a battery in the price of course