Automakers battle to top Tesla at the Shanghai Auto Show

[@jamesadamson3016]

EV market in China over 4 times the size of US. 8.7% China vs 1.8% US. In Norway over 50%.

[@oscarmike4596]

But don’t tell the CNBS talking head that secret. TSLA and WLMTF 💎💎

[@tubetop123]

That guy has zero clue

[@ubermenschen3636]

@@tubetop123 ::: he replaced a dumb blonde.

[@smoochie3331]

who cares when china still stuck with kenny G lol

[@smoochie3331]

@Wolf Warrior yet they still play kenny g in every show.

[@counterjk]

Poorly done interview by both sides unfortunately ...

[@macioluko9484]

CNBS - The FUD standard for news.

[@Jyahalom]

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.

[@zaydevans2077]

Bet the margins are through the roof on a 5 thousand dollar golf cart bahah

[@MortekX]

Its called Wuling Hong Guang mini ev and doesn't have anything to do with GM just cheap chinese brand afaik

[@evanh9301]

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.

[@Pouyasin]

@@MortekX it's subsidiary by GM

[@theolich4384]

@@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.

[@parkerconnor493]

Well this entire video was an absolute joke

[@user-mhgu6om9mj2t]

No parker. Envy is your problem. Lol

[@parkerconnor493]

@@user-mhgu6om9mj2t that's fair😂

[@MM-tb2fg]

Go Tesla!

[@rhaegal5420]

This CNBC guy has no clue god bless his heart 💜

[@dhruvitpatel5945]

That's just Joe being Joe, nothing new

[@tonypaca3015]

🤣🤣🤣

[@ipenguin3918]

I don't think now even CNBC gives you a solid - I'll bet my money it - picture. It's became MSM..

[@jongsheen7606]

CNBC anchor is ignorant: "Chinese EV market is smaller than the US."

[@user-mhgu6om9mj2t]

Where is your proof joker?

[@nsng1298]

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

[@WANDERER0070]

@@user-mhgu6om9mj2t Google it dumbo

[@SpyFromMarsZeus]

Well, a certain unpleased Tesla owner surely has already been on top of a Tesla car lol

[@freeclips8144]

NIO TO THE MOON 🚀📈🔥

[@Wongseifu548]

Probably explode girst before that happens

[@explosheep]

XRP!XRP! ops wrong channel

[@tobyli52]

That host is so arrogant it is stupid "their EV market must be smaller than here in US right?" lol

[@kelanzhi7269]

美国人，你还指望啥

[@chinesemedicine]

They can't top Tesla because this was Teslas goal in the first place. To speed up the transition to electric vehicles

[@BryceLovesTech]

Thank you

[@asdasdf8361]

No gen Z will buy a cadi or Ford lmao

[@muhlor]

everyone is still laughing their ass off about calling it "Mustang" :D

[@stbhansen]

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.

[@bigggmustang73]

Jim is a little slow

[@jamesadamson3016]

Can’t believe some of these guys who report on global economies have no idea what is going on in the EV world.

[@choegyal100]

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.

[@davidmannion5362]

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.

[@johanbronkhorst4852]

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-qi3hf8ko3q]

there’s something really off with this video

[@Kevin-kd6hf]

no mention of the TESLA protest today?

[@najibyarzerachic]

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.

[@rggc2008]

Cant compare a Golf cart with a Tesla.....😡🤪

[@oscarmike4596]

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

[@jameschang7274]

No mask in chinese trade show environment is impressive

[@secanes024]

What's impressive about it? You act like it's 1000s of people in there

[@michaeljiang960]

@@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.

[@dukewellington7050]

NIO gonna take it

[@jamesadamson3016]

At least Phil who interviewed the CEO of Toyota North America today knows what he ‘s talking about, not all bad.

[@Furyswe1]

Someone please explain to this reporter how a s-curve look like. Sales of EV:s are exploding in many countries............

[@jasonwang6641]

someone actually went on top of a Tesla at the show lol

[@DragoBTC]

"Automakers battle for 2nd Place behind Tesla"

[@Yenhongsin77]

But tesla actually no 2 in unit sales in china, and no 3 king of catch up to tesla

[@SuperCowboys16]

Correction, automakers are battling for profits and customers. Tesla will eventually be a brand just like Audi, BMW, Mercedes Benz, etc......

[@Mrbfgray]

@@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.

[@daddystired]

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

[@jghall00]

The gas savings on my Focus Electric covers the payment, because my other car is an Expedition.

[@zack2415]

NiO will be the local winner for China !

[@zhikangchen1063]

No. They are pretty much of high end. We still love cheaper ones. We will try more affordable item first.

[@alexguy96]

Nope highly doubt. It

[@kelanzhi7269]

no, just not NIO.

[@corybrunson4809]

Nio to the Moon!

[@iderok5368]

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.

[@Timbo9166]

FORD had it's moment. It's like Atari at this point and completely irrelevant.

[@Feelthefx]

Says the city boy whose beta father never drove a truck

[@paperflight5803]

“Tesla break disfunction”🤣

[@Vactiontogo]

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

[@naurasal9165]

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...

[@youngtran5323]

remember CNBC got paid from their clients!!!! GM, Ford, Toyota, Oil, Audi, Mercedes ( Golf TV tournaments, Basket Ball Tournament) Tesla don't buy Ad!!!

[@tonypaca3015]

Not by much though. Tesla managed to sell 35k vehicle last month 😂 in China. Much more than they sell here at home

[@HCC747]

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.

[@rageagainstthemachinez9z475]

1:55 it hurts my brain when this guy talks lol

[@sarutc47]

Kenny G haha very typical background music in China

[@yourelawyered]

It's the Chinese official Time to go home song lol

[@grantguy8933]

CNBS all day long.

[@markplott4820]

FORD is 118 years too late

[@christiancalderon3821]

🤣🤣🤣. Always late to the party. Cciv n nio🚀🚀🚀....I take gm over ford if I have to choose

[@patrickbateman783]

GM and Ford are bankrupt when it comes to ideas. 🤣

[@TheM0joDoj0]

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.

[@jghall00]

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.

[@arekdovart57]

FRSX 🚀🚀🚀🚀🚀

[@ruthbeck1717]

Tesla is the boss

[@pierpaolopolla9853]

“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.

[@oscarmike4596]

I own both TSLA and WLMTF

[@christiancalderon3821]

Primo...Don't worry, gm 100 percent made in plastico😁

[@edvannimwegen3555]

What a terrible report, almost no information. Who approved this to be released. Time to send in some high school journalist.

[@soothsayer2406]

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...

[@markplott4820]

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.

[@keith6371]

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.

[@markplott4820]

@@keith6371 - TESLA is already building a compact car for $23,000 in China.

[@keith6371]

@@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.

[@markplott4820]

@@keith6371 - again, Tesla Model C in China will be produced in 2022 and sell for only $23,000 according to NEW China news Service.

[@keith6371]

@@markplott4820 2022 isn’t already, do you know the difference between future and already? Or are you just stupid

[@zouliang1347]

Is Ford also doing EV right now? I don’t know why they choose Ford as their main performer rather Tesla or NIO

[@musinclind37]

CNBS. Don't put that Sheppard at the end of your video's! So ridiculous, waste of our time.

[@DeepValueOptions]

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

[@Thefungshow]

Kenny G!

[@parvezahmedjalil7310]

Nio Auto show 2021

[@jccarlamaroe7678]

I like that Ford builds the cars for China in China but in Mexico for America.

[@patrickneal9288]

bad segment should of shown NIO

[@georgemaximus694]

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.

[@NewOrleansSeptember]

Why no mention of Nio, Xpeng or Li?

[@jasons7044]

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

[@fredrickonjiko391]

Is anyone concerned that we use coal plants to power electric vehicle!!

[@jamesbond-pc2co]

where is nio??? ET7 ..poor us

[@terryyau5134]

Tesla should leave China as soon as possible

[@drsmetal2747]

Tesla should invest in India 🇮🇳

[@iostuber]

This CNBC moderator is the worst. He doesn‘t care at all about the topic he presents and has no clue about it

[@streetpotato5574]

hmm nothing about Tesla's brakes failing?

[@sheenasmith4555]

Tesla, GM, volkswagen Are also made in china..

[@dovevmo]

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.

[@fredgordon8975]

These guys need to do some homework

[@evanh9301]

Report the Tesla girl protest might boost your clicks lol

[@chasep5669]

NIO to the moon

[@googlebanmetoomuch2601]

Tesla is extremely overvalued!

[@DeepValueOptions]

Ahh we love competition

[@anonymousanonimity6718]

sanctions coming

[@zouliang1347]

really？

[@TeslaEVolution]

CNBC....always clueless on Tesla!! Ford will go extinct.

[@eMPaNaH]

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

[@teofilol2666]

Tesla is only among one of the top EV in China, don't rate yourself too high!

[@NTJamesBond]

This guy is clueless and not surprising either

[@Heloquiti]

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.

[@gazlives]

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.

[@Themanvrg]

Tesla is king!!

[@Supra_Mare_Cultro_Bloke]

this reporter should be fired

[@CumBrianFries]

It's not an auto convention in China without Kenny G playing the background...

[@theolich4384]

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-]

is it about self drive + battery computer car they are all behind tesla

[@Burgermonster]

Is this guy living under a rock?

[@drewkay]

This guy has no clue what he's talking about!

[@kushalb819]

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 ~

[@Gothic258]

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

[@coffeeandwealth885]

Damn, as relevant in the future as in the past......... so irreverent

[@godzillamothra5983]

EV is almost certain be a mandatory in China automotive sector in the next ten years.

[@gazlives]

uk will be in 2030. no more ICE allowed to be sold after this date. less than 9 years away.

[@godzillamothra5983]

@@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.

[@TeslaEVolution]

CNBC How can you stay so clueless?? CNBS is a better name 4U.

[@leiyue1411]

Ev counts for 5% of new sales in China

[@peianghe2466]

Time to buy Chinese EV stocks

[@WANDERER0070]

What a bunch o ignoramuses ! China is largest ev market and producer of Evs in the world now do your research ffs

[@keysglim]

Nvrmind just a bunch of copier Since 2004 ellicca from japan

[@Anomize23]

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.

[@gazlives]

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.

[@Anomize23]

@@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.

[@bmovinz7468]

Since I got money on this I would like to say ford I got all puts ready for 2023 😂😂

[@robertsullivan5626]

ford is going out of business in five years

[@zacklee5168]

Horrible reporting and a racist host who clearly looks like he's jealous of the Chinese EV market

[@miguellopez3392]

Your pretty racist.

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[@jackyu9149]

what?

[@Mrbfgray]

Few or none have enough batts even if they could otherwise sell 'em.

[@vlong8]

Tonight EV Stocks easy money.

[@Vactiontogo]

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