Former GM executive says it’s game over - every car will be made in China

[@electricviking]

Click here to get a free charger and installation when pre-ordering the G6 xpeng.com.au/?qr=726XPO The best solar company in Australia just installed my new solar system. Check them out here: www.resinc.com.au/electricviking

[@kieranjohnston7550]

Most of us old folks remember when Beijing was a city of bicycles. What a revolution.

[@damiester1]

There are still a lot of bicycles... just electric ones.

[@Hugh3rd]

Seen the price of US brand cars lately? No one will pay 100k for a pickup ??

[@ChicanoPhotographer]

I bought my new Chevy Colorado for $28k. Listen to the Electric Viking, at your own peril. Misinformation?

[@warheadsnation]

@@ChicanoPhotographer America is isolating itself from world markets with its "exceptional" taste in vehicles. The Colorado is a small truck by US standards. It's a giant monster truck by anyone else's. If you can only sell a few of them overseas, then their unit price will get marked up more.

[@ABa-os6wm]

Get smaller.

[@ZgO_o]

​@@ChicanoPhotographerits on 51000$ why you lying... the 2024 one is on 32000

[@samdrew4746]

Just looking at them now, nice looking car! Base model is 34,695 USD then "net price after offers" is $48,695. In AUD that would be $79,188.52. You can't get them here in Australia but you can buy silverados for $155,000 😆

[@ДмитрийАндрианов-й4ы]

Two or three years ago I suggested on some car forum that in five years European car manufacturers will go bankrupt, only German ones will survive, but only in the luxury segment and if they merge into one company. They laughed at me, but now I understand why: probably German ones won't survive either.

[@Quagma-b2i]

People always laugh at things right before they come true. Like with digital cameras and smartphones...

[@warheadsnation]

It's all going to come down to each government's ability to bail them out.

[@ZgO_o]

​@@warheadsnationthis aint banking that printing money gonna save them, it all boilds down to skills, know how, price and tech... regardless of how E.U brands does it, with sky high energy prices it will never beat chinese brands that... on average energy prices are 40 to 80% more expensive in E.U

[@unconventionalideas5683]

The weird thing is the French ones actually have a better position when it comes to electric vehicles, so they might well survive this better than some of the Germans.

[@unconventionalideas5683]

@@ZgO_o In China the electricity grid is becoming increasingly unreliable. Every year they have had more and more Texas style outages across the whole country. And it is happening more frequently. The first time it happened once, then twice. Now two or three times a year depending on the weather, and this year perhaps more. That will damage equipment. Additionally, as this is happening, the price of electricity has increased significantly.

[@phan1182]

As a consumer I don’t give a fuck where it’s made. I don’t want to pay double the price to protect the profits of billionaires who are not loyal to any nation.

[@olavblom3024]

Fully agree, but the billionaires will simply not allow you to buy a car from " unfriendly" countries.So you're simply left with no choice.

[@michaelkavanagh5947]

Problem is what if China goes after your industry? Still don’t care?

[@golfish8589]

If we outsource everything to China for cheaper prices. Where will our people work. Billionaires here in the United States got to be Billionaires by outsourcing. If no one has money to spend on what your company produces. You will lose your job. Think about it

[@timosullivan5722]

Hopefully I will never buy from Musk.

[@msmith3395]

Once they have a monopoly, they can charge what they want. What is more significant is the general shift of scientific and technical capacity to a country that is hell bent on dominating the world and implementing central control. This is a serious national security concern.

[@fritslevie4461]

Same as solarpanels, 89% from China.

[@ABa-os6wm]

Other countries given up PV, especually when EU, US govts. cutoff subventions all at once around 2012

[@miked8121]

Solar Panels are a commodity product without any distinction between manufacturers. I gave installed 28 panels since 2012 and I haven't a clue who made them. They all look alike to me.

[@stopdropnroll]

yes, Chinese govt gives 17% tax rebate for solar panels exported, so they make 0% to 3% profit on the sale to customer and still do very well. They dont need to make profit, just focused on mass employment and market domination. Same as EV's

[@davechapman6609]

Well, I got a MS in Electrical Engineering in 1982. My thesis was "Amorphous Silicon Solar Cells". I have never worked in the industry. It was completely dead in the 1980s, and I watched with great interest as China took over. Both Wall Street and the US Government have shown little talent for getting ahead of the curve.

[@simon359]

All China has to do is lose money for a couple of years and they can destroy every competitor on the planet! Then the Monopoly is theirs.

[@wwoofthailand]

Great channel Sam. All disruption is upsetting. My background was a system engineer with IBM Canada in the 70's,80's and 90's. IBM could not comprehend why individuals would want a personal computer or how individuals could ever afford them. Here in Thailand China is demonstrating it's global ambitions for world EV and solar domination. EV's , Solar, on line shopping it all comes from China and out competes all others. In US and Canada Amazon merchandise is 70% mostly "made in China". Trumps tarriffs only apply to the US, the rest of the world is ready for the Chinese economies of scale, low cost, hard work and high tech value. It is already to late for Germany and the US. IBM is still around but it is a shadow of its former self. Humorus to watch the US as the incumbent (auto industry )is always the last to know... Thanks for trying to educate the US auto industry but US greed and entitlement has become systemic and uncoachable. $100,000 usd for a pick up truck ??? Give the world a break and say hello to our new friend in China deliving a better life we all can afford ...a new high teck environmentally friendly, well made EV for $12,000 , yes! Disruption!

[@johnwilson5743]

Yeah, IBM did exactly what Kodak did, in their own industries. Both developed new tech (IBM for Desktops) and Kodak (Digital Cameras). Then BOTH decided that the future did not go with Desktop/laptop computers nor Digital Cameras. LOL. Instead the world copied IBM and made IBM compatibles (on the IBM developed tech) and the world changed to Digital cameras, leaving both the originators behind.

[@aguseffendy1229]

America still need to pay their politicians a lot and fund their wars and its comes from taxes and high prices everyday item from their citizen pocket

[@bobdebouwer7835]

​@@johnwilson5743big distinction is that China is not leading in inventions. It's cheap in making things that where invented in free countries.

[@bobdebouwer7835]

China can disrupt because us and europe actually pay their workers a living wage. And care just a little bit dor the environment.

[@garyzies3486]

I have seen those cars while in Bangkok and Hua Hin....Yes, they are very well made, luxurious, high-tech and......affordable!!! If those cars hit the US market at the right price range (after tariffs), Western automakers will be toast....without a doubt.

[@rudiechinchilla6746]

This is the most straightforward video ever but the chance is needed for the world 's sake🇨🇷

[@waynesimpson4081]

Gee, it's not like GM has slow walked every safety and green initiative/proposal to improve cars with the constant refrain: "Can't be done! Too expensive. Let the market decide." Now that China can do it, and cheaply, GM now says "The free market will crush us! We need tariffs."

[@FrankiePo89]

Shifting goal post is the game of uaassss.

[@HoopsKevinski.]

CATL did same, but faster, to protect lithium "sunk cost" vs salt battery 🧂🔋. (They had 160wh/kg in 2021!). Their "FreeVoy"🔋 shows that's ending...

[@williamlewandowski129]

This is hilarious! And correct!

[@ouethojlkjn]

This is the standard playbook of the taxpayer money extractor. No mention made of all the money given back to GM shareholders in the form of share buyback over the years. Shhhhhhh

[@golfish8589]

What money is GM getting from the tax payer that tesla is getting? Half of teslas profits is due to carbon credits from the government that they then give to their shareholders. Let's see how many vehicles GM sells in the United States next year compared to tesla. GM has quite a few ev models out this year.

[@victorsvoice7978]

This is inevitable. Greedy Western car brands and high production costs will kill the auto industry in the west. Little innovation and poor quality will also contribute to the Western auto industry's downfall.

[@bjm23vancity92]

Before that though they will ask for bailouts

[@emilsohn1671]

It is not inevitable at all. It depends on alot of factors and outcomes that we don't know about. How does the relationship with China develop? It may not matter that a car is made cheaper in China if our trading relationship with them goes South. Also, Tesla is still a Western company and they are the most innovative of all car companies, by a mile. I wouldn't even compare them to anyone else. Xpeng is trying to be a Tesla, but they are still a copy. Here in Denmark, Xpeng is the same price as Tesla, quite literally. An Xpeng G6 and a Tesla Model Y is the same price for the same range and equipment level. Why on Earth should I buy the copy? They don't have the charging network, the software or the software and then there is the little fact the company is still run by a communist dictatorship at the end of the day, so perhaps one is not through and through stupid to take the Tesla? In addition, Tesla's LONGterm (emphasis on long) reliability is by now known and attested to whereas Xpeng is still up in the air, honestly. The company barely existed 10 years ago, while Teslas were driving on the roads by 2011 in some numbers. The Tesla Model Y was literally the most sold car in the world last 2023 and it's reliability seems solid. The reliability of a brand like Xpeng or BYD is still up in the air for us westerners, but here in Denmark, Xpeng is a 5 year warranty and that warranty is conditioned upon ANNUAL service of several thousand kr on average, and this frankly does not get my hopes up, if I may be so frank. it might be that these chinese vehicles are just fantastic, but as of yet, we don't have long term data on their reliability from Europe when they are + 5 or even 10 years old. We do for Tesla, and IMO Tesla have mostly passed, with a few major not so good observations, such as the control-arms on the Tesla 3. So yeah, it is not clear cut that the chinese cars are that much better. People can scream all day how they are sooo much better and cheaper, but at least in Denmark, they are the same price as VW and Tesla competitors, and Yes, they were also the same price BEFORE the EU increased the tariffs. Plenty of sources to attest to this. For instance, the BYD Seal was 350.000 kr before and after increased tariffs and the BYD Dolphin was 235.000 kr before/after tariffs, and frankly, VW ID.3 / Peugeot 208-E with similar ranges were within 10 % of this price. Before tariff-increases. The BYD Seal was and still is more expensive than the Tesla Model 3, with a worse range, much worse effiency and a BMS-system that overheated in actual testing done by Bjorn Nyland, in Norway, so it had to throttle down during charging (evidence, of course: kzbin.info/www/bejne/pXLMe2t9mt-ffcU). My point of criticism; the chinese products are still largely in the test-phase it seems, and they are not cheap in Europe, and they weren't before tariff-increased either. In fact, it seems to have done little to the pricing because the pricing of the chinese EVs were already pretty high to begin with compared to competitors.

[@emilsohn1671]

I am just sick and tired of the whole "dude, chinese EVs are two million times better than other EVs", it's a trope at this point and does not really stand up to test. Wanna see the ID7 from VW compared to BYD Seal? Seal: kzbin.info/www/bejne/pXLMe2t9mt-ffcU ID7: kzbin.info/www/bejne/fl7YmYh_qb2mlbM Are we going to just simply ignore that the ID7 is, despite what we are led to believe, much more effiecient per kwh than the BYD Seal? How may this be? I thought Germany was supposed to suck at this, yet the ID7 is easily 20 % more efficient than the BYD Seal at the same temperature (14 celsius) and the ID7 does not have its BMS overheating. I will not underestimate the strides the chinese have made in battery technology and especially manufacturing where the entire west dropped the ball completely, but from this and extrapolating it into the ridiculous idea that China now will manufacture every car and are light years ahead, this is simply dumb. No other words for it.

[@Anonymous------]

​@@emilsohn1671 🤡😂

[@bldomain]

@@emilsohn1671 But at the end of the day as many predicted - eventually almost every car in the world will be made in China. Whether is a Tesla or a Xpeng or BMW or VW, it doesn't matter. It will benefit Chinese workers and its supply chains and thus China.

[@fengy9379]

I would choose Chinese vehicle over Japanese/Korean car now. Value for money. Build quality is much better than 10 years ago.

[@knowbs2122]

Keep on with that attitude, and you will be living under the same social credit score control system the chineese do too , then you will be sorry

[@estiennetaylor1260]

Me too! I'm tired of being overcharged for a inferior product

[@kokhualow3419]

I think German, other European makers, Japanese car makers all will go into extremely difficult situation. There will be a lot of consolidation and only a few left standing. American car makers, depends on whether their markets continued to be protected, also the push in EV in US seemed to have slowed. Koreans are probably the only ones that are possibly surviving as I feel their work culture is also very cutthroat.

[@rawjapan6808]

No way!

[@fredkanis6857]

Toyotas are super reliable. Chinese cars compete on price and not quality.

[@culls007]

I live in Australia, we have no car industry, and I have just brought A GWM Cannon Alpha (P5/P500) Ultra Hybrid. Reason - cost, features & looks. There is also a little bit of self awareness of the car industry as I'm a mechanic also and have worked on many vehicles over the years and seen some poor designing in the big car brands especially European. The world is struggling. let's not turn a blind eye to that.

[@jamesl.o.h.6000]

Yup. The legacy giants thought they were kings. They missed one critical source of information, that's the feedback from the ground that can slowly kill their products. They thought they were invincible. I learned a very important lesson: being humble, patient and never stop learning from the world will get you far. If you want to go fast, go alone and if you want to go far together. If the world wants to go far on this planet, the world has better wake up and go together. Think about it, racialism and atrocities will destroy the only home human beings has

[@ysw8291]

Yes, mechanics have been my best friends over the years. I see you guys more than I see my parents.

[@lukelee6680]

长城汽车在澳洲推出的插混皮卡，山海炮。As a Chinese，i even didn't know this if i did not look at ur reply and searched for the information。

[@tren133]

Did you consider the new BYD Shark? Seems to be a significant step up from the GWM in terms of tech with its advanced DMO hybrid platform specifically designed for off road SUV and/or ute usage.

[@MrMackem123]

It has all been planned decades ago by the wall kissing Globalists.

[@dandan2593]

A nice surprise to see that not all executives are as dumb as a piece of wood. Or delusional at best. The guy is right!

[@warheadsnation]

Notice that it's always the former executives who free themselves from delusions? Like Jimmy Carter waiting until he was ex-president to admit that Israel has hundreds of nuclear weapons? That's because there are punishments for executives who speak out before they retire and can be ignored.

[@jasonriddell]

@@hansouth2355 its the "classic" wall street mentality "NEXT quarter" and nothing beyond China and Asia as a whole LOOK generations NOT quarters so the CHINESE from the get go wanted to learn and improve while the west wanted quick profits worked great till it didnt

[@msmith3395]

The capitalist way is short sighted.

[@IanFong-mt4yp]

Quality high tech low cost affordable vehicles = made in china = winner global car buyer

[@jasonriddell]

more then that the legacy auto makers did everything they could to NOT innovate and to "force" the consumers to buy what they WANT TO BUILD not what the consumer wanted want a "smaller" city friendly vehicle and you get a "crap-box" that is lacking in basic features and is under powered ETC but to get a "nice to drive" vehicle you NEED to buy a LARGE city unfriendly SUV the Chinese brands built everything including small but premium vehicles with the features people want like radar cruise control / heated and cooled seating and infotainment systems that work with there phone

[@JoeyBlogs007]

The west is doomed. We will all become slaves of Chinese owners, unless our leaders proactively do something about it.

[@archiegoodwinjr]

@@jasonriddell From California, I went to college in the midwest. Driving through the Missippi cachement area I learned how vast the country is. Visiting Detroit I learned how insular US car makers were. The biggest market was in the US so they didn't have to compete globally. That was 40 years ago. Wish we could turn the clock back.

[@ysw8291]

@@archiegoodwinjr The sad thing is you would likely be scooped up by a big corporation and work hard for the rest your career to uphold their corporate creeds that usually centre around maximising profits for the share holders.

[@lukelee6680]

@@archiegoodwinjr 2024年中国国内销售的车辆基本等于美国和欧洲国内市场的总和，美国早就不是世界最大汽车市场了，然而美国汽车生产商无视这一变化。

[@RemoteSpeed007]

Most people resist change until they have no choice.

[@achangyw]

Absolutely correct

[@ouethojlkjn]

When it becomes too unpleasant not to change, you will - but not before!

[@edipopplinger2078]

Change will come, but not because a power-hungry regime wants it that way.

[@thomasmccormack4796]

​@@edipopplinger2078The US and it's Western poodles have no interest in power 😂

[@jackxkodiak2024]

Thanks for your updates. Very balanced, no extremist scary talk, I enjoy them a lot. (Oklahoma, USA)

[@electricviking]

Thanks for watching!

[@leifvieri4372]

Greed made the legacy makers cars impossible...

[@vsstdtbs3705]

it is the social welfare state costing countries billions, that is making it too expensive to manufacture there. Good on china, making their people work, while the West funds welfare bludgers.

[@marcusaetius9309]

My thoughts are that the Viking is spot on. All western countries can do is put in tariffs but with the well paying manufacturing jobs gone the only people who will be able to afford the higher priced vehicles here will be government employees.

[@gothicroses666]

From $37k to $65k that's the minimum rage of profit return every month I think it's not a bad one for me,now I have enough to pay bills and take care of my family ❤️ >

[@JordanSmith-qq4ie]

How please!? If it’s possible, I would appreciate if you show me how to go about it

[@gothicroses666]

Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency,stocks,through the assistance of my discretionary fund manager, Mrs Iris freld.

[@ZahirKim]

How please!? If it’s possible, I would appreciate if you show me how to go about it>

[@vinzprince]

Wow I know Iris freld. Her platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not she outperforms. I will forever stay invested!

[@HommieRich-qf6de]

Same here I have made more than 90k God bless MRS IRIS FRELD.. God bless America🇺🇸

[@filippoleombruno8624]

The article should read all cars will be built by Chinese robots, manufacturing is not going to be the employer it once was.

[@steveo5295]

While the plants itself have robotics assembly lines (they all do) assisted by labor, think all labor and businesses it will need to support it. Auto repair, trucking, rail and machine shops just to name a few...

[@LH1980XX]

@@steveo5295 Laughs, in China we have robots that build robots.

[@ysw8291]

@@steveo5295 You wouldn't believe how innovative and intelligent Chinese can be. They are not all geeks.

[@davidzan9190]

​@@ysw8291the STEM graduated in China are more than G7 combined. 😂😢

[@kvocal]

Why do you need Chinese robots when you have Chinese citizens. With the number of citizens in the country, they are expendable. They don't break and require repair like robots you just go to the pile and pull out a new one.

[@juddmeyers6311]

Thanks!

[@Jarlecritters]

I love my Xpeng G9 Performance even more now😂

[@angkihermawan3420]

Physics call it INERTIA, psychology call it MENTAL BLOCK, financial call it CONSERVATIVE, manufacturing call it SOP. The real problem is myopic is everywhere and it costs dearly.

[@maiakk-music]

Myopic, or blind? 😜 These folks need guide dogs!

[@brentweaver3092]

So, how do we afford these EV’s if we are all out of work ?

[@skydragon23101979]

You won’t be out of work. You would be doing something different. E.G. maintenance and service oriented work.

[@CarlGerhardt1]

@@skydragon23101979 Yes, computer data-diddling jobs and complying with more and more useless and tyrannical government regulations. Ministry of Silly Walks, anyone?

[@frankblangeard8865]

@@skydragon23101979 Perhaps one person from each family can go to China and do service work. Send some of the money earned in China to their family. 😄

[@JL-po5on]

Same thing happens in chip Industry, China’s biggest chip manufacturer SMIC just announced in Jan of 2025 a price drop of their 28 nm chip from $2500 to $1500, a 40% decrease for a chip mostly used in auto or weaponry manufacturing industry, China has made 40% of 28nm or above chips market share globally already, and has build up DUV machines solely by them self, the EUV tech patens is also developed and patented . Imagine 5-10 years from now, the chip price will dropped like what has happened to big screen tvs.

[@pilotusaero9383]

In the old sci fi series Firefly The crew was always speaking in chinese or rephrasing english into chinese, because the series was saying in the future the whole world would have to speak chinese to do business and science. Star Trek and Firefly foretold our future and now we in the future and we are complaining about it, but we were warned over and over, apparently it was obvious to somebody.

[@mozi3051]

It hit home for me when i saw Chinese exporters that speak somali.

[@markp8686]

In the near future AI will translate everything instantly, no need to learn any language, o lyrics as a hobby

[@jamesedwards8308]

As an economist I have warned since 1990...Everyone called me insane. Now, I just say good luck...I see nothing but a sudden collapse...in the west.

[@djt8518]

And t rump will make it so

[@martinloney6322]

@@djt8518Quite the opposite in fact.

[@niblysribly]

Didn't read your post. Said almost the same thing. Exactly, I agree. Have been watching economy since 80s. Automaton. Sent all the jobs to other countries

[@shepherdsknoll]

Tesla will continue to lead, they’re in the West, no..? Not even BYD can fully duplicate Teslas’ proprietary, fully integrated vehicles.

[@martinloney6322]

@ The best Teslas are made in China.

[@terrytoh6854]

Sam, the US and Europe are aware of what you spoke of at the end of this video. They can't deliver it as China control the supply chain. Another issue is that China will eventually be the largest economy in the world in nominal terms. It will have a domestic consumption per capita larger than the US and Europe combine. STEM education is important. China produces 4.7 million STEM graduates in the world compared with the US of only 675000.

[@huckleberryfinn6578]

It's not that rosy for China, either. Even BRICS countries are placing tariffs on Chinese goods. Brazil, India and even Russia imposes tariffs on Chinese goods. Nobody want China to dominate the world manufacturing even more than now.

[@Anonymous------]

China doesn't control the world's supply chain, it created its own supply chain. China doesn't have a monopoly on rare earth metals, it buys raw materials from other countries and does the processing itself, China doesn't stop any other country from doing it too. 10 years ago China's actual GDP already was the world's most, many people in China operate a business of some sort, this is what I call People's Economy, but they don't report their income or profit to the government, very little if they do. Using the conventional way to measure GDP is wrong, there are some factors to consider. USA's GDP is heavily based on ridiculous inflated prices such as medical service charges, lawyer fees, auto mechanic charges, etc., while those in China are much lower, as little as 1/1000th of those in USA. About 20% of China's GDP is exports which is based on factory prices not retail prices, but when those goods arrived in USA they were sold at 5 to 10 times the Chinese factory prices. 50% of the prescription drugs and OTC pharmaceutical products in USA come from China, they are sold at as much as 1000 times the Chinese factory prices. China also sells pharmaceutical Ingredients and finished products to India which repackage them and sells to USA. 90% of all the prescription drugs and OTC products in USA come directly and indirectly from China. USA sells them to its people for hundreds to thousand times more than the prices paid, this gets included in its GDP.

[@mattx4253]

China is basically bankrupt. 😂 gdp is fake. Debt huge. Population collapsing. Stock market gone nowhere in 20 years. wtf are you smoking 😂

[@pcstar123]

@@Anonymous------ A policeman or a fireman gets paid over $100K US and could be $200K with fictitious overtimes, compare that to such professions in China reveals the bubble in GDP's!

[@DJ2024-t4j]

Hardly anyone seems to understand the power of China is built on Education. You educate a highly skilled workforce in big enough numbers you can rule the world. If you are not innovating you are getting left behind. China wants USA out of Taiwan so badly, without Taiwan and their microchips USA is a lame duck.

[@BobP122]

Who will buy these cars if no one is employed

[@vsstdtbs3705]

The West borrows money to fund welfare bludgers. The welfare state in western countries is huge. Women dominate voting, to this is what you get. The West will have to borrow more money, to pay for pensions, unemployment and cars.

[@JosephJanitorius-p5v]

We Americans won't have to worry about buying cars from China. Our new tariffs will make them so expensive we won't be able to afford them.

[@Quagma-b2i]

Tariffs will drive up the cost of almost everything. I am not looking forward to that 😕

[@thethirdman225]

You won’t be building them in Detroit either.

[@JosephJanitorius-p5v]

@@thethirdman225 We haven't done that for decades.

[@JosephJanitorius-p5v]

@@Quagma-b2i Money has already become too cheap to spend.

[@thethirdman225]

@@JosephJanitorius-p5v I know. I was just making a point. Trump seems to think that ‘drill baby, drill’ will resuscitate Dearborn but it’s not going to happen. The US car industry, such as it was 50 years ago, is gone for good.

[@padraicley3265]

China's ambition is to build the world, as it has done in its history. As a Chinese person myself in America, I like DIY, too. If you look at how China built the Great Wall and the canals, made bullet trains in 10 years, and solar and wind installation equipment to a nuclear plant per week. People can glimpses the future. In the 1800s, the British Empire came to the East to force China to trade, and America forced the Japanese. Both histories have poorly ended in human life. I hope this time will be better. The table has turned round; the Chinese are ppushing the trades this time. The West tried to stop the trade. The most well-known product in China in ancient times was silk, which the Romans imported from Eastern and Middle Eastern merchants. Silk was a hot item in Roman high society. , and the Romans spent the next 1000 years replicating the production know-how. Under the current political system in China, it looks like the perfect storm for the West loosing production. Living in the US, she has to give up production long ago. I lost my IT job to the East Indian. That is the norm. We lose semiconductors to Japan and later Taiwan 30 years ago. Biden gave Intel 50 billion and imported TSMC to the US to save the production of the advanced chips. That seems to be holding for now, but China's rapid advance in low to medium-chip production makes me think the same as EVs will happen in a few years. China can push this know-how to the Global South, to the 140 countries. Robotaxi can be a game changer in car sales and a wild card that the West can take on since it is a high-priced car with AI. If it catches on, cheap mass production will be back to China's advantage.

[@ChuckNorrizzed]

If China develops the ability to get on par with TSMC and keeps ramping up its naval ability, it’ll be game over because it essentially won in all vital sectors.

[@ChickensAndGardening]

Tesla long ago figured out that software is the key. Their cars are mobile computers controlled by the world's largest supercomputer. Even China can't yet compete with that.

[@MaxMoffattSkateSnow]

There alot of smart people in the West..just check out the CEO of Mobileye from Israel..RJ Scaringe the CEO of Rivian..Tim Cook the CEO of Apple..etc, etc..Never bet against the West's ability to innovate..

[@ericdavison6186]

theoretically.

[@noctwice]

If China can't generate larger domestic consumption their economy will fall.

[@craigenputtock]

Well, how about making cars that people can actually afford?

[@Quagma-b2i]

It's kind of amazing that the legacy automakers haven't given that a shot yet.

[@thethirdman225]

The MG4, the GWM Ora and now the Nissan Leafblower are all in the same price bracket as the Toyota Corolla. The MG4, in particular, is a Corolla killer.

[@agusedyanto3324]

In fact, without tariff barriers, China would have already made cars that most people could afford 😂

[@warheadsnation]

@@Quagma-b2i Why bother? I was a stereo enthusiast in the '90s and watched as all the American amp and speaker companies that survived chased the high-end market. As in, $20,000 amps and $100,000 speakers. The 1% are getting so much richer so fast that there's no point in making products for anyone else unless you've got a huge factory full of robots in the lowest-wage country. The investor class owns you both as your investors demanding infinite profits and as your customers.

[@Quagma-b2i]

@@warheadsnation yeah, I kind of wonder how much further things can go in that direction

[@ddally8851]

Sam, you are the most prescient content creator that I have ever seen. What you say is true. You were warning us years ago about what is coming in the automotive industry. I started watching you because you were entertaining and sometimes humorous. I actually thought at the time that much of what you were saying was Funny. It is amazing to see how it has played out and how correct you were about the future.

[@remix-yy1hs]

Inside china business channel on KZbin is the best. Watch it

[@royh6526]

What is the average auto workers income tax rate in China? Here in Canada income tax plus retail taxes add up to about 32%, USA 27%, Germany 40%, China 21%. So this alone makes China labor costs lower. Plus, cost of living, where I live a modest 2 bedroom apartment costs $2,400/mth. If cost of living in China is significantly lower than other countries, wages can be less and living standard the same. Add on top, a high competitive work ethic, (also applies to Japan and other Eastern countries) means higher productivity per employee. With all this our Western culture has to change or die.

[@leejack2478]

20% at most, most of workers do not need to pay income tax i think

[@pcstar123]

Those robot workers in modern Chinese factories do not pay taxes!

[@tren133]

Why even consider US and Canadian wages versus China wages? How about Mexico? Mexico EASILY has lower wages than China, right? Plus Mexico has a relatively well developed automotive supply chain and manufacturing industry too. Yet GM manages to build cars in China, ship it all the damn way across the Pacific, sell that Chinese made car in Mexico, and still end up making more profits than just building it in Mexico in the first place with their dirt cheap local labor force. That just shows you how insignificant labor costs are to the modern automotive manufacturing sector. Supply chain, automation, and economy of scale are king, and no one can touch the Chinese automotive supply chain, automation, and economy of scale, not even close.

[@williamlewandowski129]

I live in a nice 3 bedroom high rise apartment in a small town (only 750K people) in China and pay $400 USD a month. My wife and I recently bought a brand new 3 bedroom 2 bath condo which will end up costing 250K USD once completely designed and furnished. So the secret to a good life for the common schmuck is to work in a high cost of living country, then retire to a low cost of living country. 750,000 Americans on social security are doing just that, all around the world!

[@tennislite]

@@tren133 . NO. Wages in Mexico are higher.

[@julesclay2037]

Excellent channel! Many thanks for the. percepive analysis.

[@2Mortal]

ICE provides profits after sales whereas with BEV the wear and tear parts are heavily reduced. This does not work in the current dealership model. TESLA and the new BEV companies are able to bypass the dealership model and this gives them the edge. Legacy auto are captured by the dealers.

[@maiakk-music]

The dealers are on the Titanic...

[@terrysmith8655]

Did anyone notice that at about 3:56 into this video, when they show all the cars from above, the parked cars spell out the word "READY" with a line on top, and a line below.

[@paulc6766]

Well spotted.

[@terrysmith8655]

@ Thank You

[@zAngus]

It’s going be Tesla and Chinese cars and Tesla will only survive if they start to focus on their $20k to $30k vehicle.

[@ws7001]

They and their suppliers will be using Optimus bots soon. It will dramatically reduce labor cost differences. Tariffs will rule, localized production will be ramped up.

[@remix-yy1hs]

​@@ws7001😂😂😂 bro stop believing everything elon says. He is puppet

[@ws7001]

@ Seems puppet is a poor choice to describe him, more like opposite of puppet, maverick? Who do you think he follows?

[@maiakk-music]

That's why he's diversified and increasing his focus on other things... Robots, autonomous vehicles, Starlink, energy, Neurolink, etc... smart cookie.

[@ouethojlkjn]

What everyone forgets is Tesla are also very focused on maximising the profit on each vehicle they sell. Any fool can sell millions of cars at a huge loss it’s not difficult. But when the tide goes out, you will to see who’s wearing swimming trunks. Toyota debt cruising up on $300 billion. It’s not going to end well now the 0% jamboree has ended it and is never coming back.

[@user-ggyy34wsk575]

No matter where you live, if you've got young childern, encourage them to learn Chinese. It'll probably help them in their work in the future.

[@NoiserToo]

In the soup line, more likely.

[@gboates]

No such language...

[@dertythegrower]

nah, we have perfect translators now built inside sunglasses

[@rajarsi6438]

There's a time for peace, and there's a time for war. It's comical that most people leave war out of the equation in terms of solving problems.

[@MrKenenglish1]

A lot of Chinese schools teach English and have been doing so for many years, business language of the world. I suspect in a way the Chinese have reverse engineered your suggestion which is why they are starting to dominate.

[@KA9DSL]

About 80% of Americans are tired of US made cars that are so expensive. Weird, but I welcome these Chinese made cars cause they will be affordable. The "Big 3" still hasn't gotten the picture or message.

[@rickthompson8122]

They wont be sold to Americans affordable, Trump will have a 200% tariff to try and save the American car companies. It will just bleed Americans and lower our standard of living

[@Harrythehun]

Aren't the president and unions running the car companies nowadays?

[@showdown66]

Get educated on Chinese dumping and IP theft

[@rudiechinchilla6746]

UScars are crap already

[@dporrasxtremeLS3]

@@Harrythehun And, and it Shows... They can't even compete. The Chinese are Amazing working people! Their quality has Really improved, along with all other improvements, that leave the US and Europe behind!

[@marketingwizdom]

This is an incredibly important video. All true. Thanks Sam!! 😊 By the way you have not mentioned the new Mazda 6E that is about to start selling throughout Europe- a rebadged and Mazdafied Changan, and really nice looking.

[@stizzygrayson5541]

The non metro charging network in Oz is appalling, as evidenced by recent holiday season. It seriously needs to get sorted if EVs are to prosper here.

[@paulc6766]

As others have been able to circumnavigate Australia and drive through the deserts (where there are no petrol stations at all) with EV's you are overstating. Have you ever been in the outback?

[@naughtynat82]

That is because of several reasons for that. They drove to places with chargers. Much of the Wheatbelt in WA does not have chargers. There wouldn't be 50 chargers in 100,000sqkm. When people are complaining they probably have a reason.

[@garyzies3486]

I have seen those cars while in Bangkok and Hua Hin....Yes, they are very well made, luxurious, high-tech and......affordable!!! If those cars hit the US market at the right price range (after tariffs), Western automakers will be toast....without a doubt.

[@philarmour]

I and one of my sons have EVs , but the other son wasn’t interested. He wants a ute, but the other day he says to me he’s getting a Tesla 3 for his wife and a BYD Shark plug in hybrid. It’s all changing.

[@perkinwarbeck4781]

And eventually those "European" and "US" brands made in China will be replaced by fully Chinese brands.

[@nathanahubbard1975]

A lot of valid points, a lot of hyperbole, and a lot of factual errors and exaggeration.

[@rogerchan6368]

Don’t make “his mother is a whore” comments. Which part is errors and which part is exe?

[@CharlesLee-jb5vr]

Sam, you are a beast! The amount of informative content your create is amazing, keep up the fantastic work!

[@electricviking]

I appreciate that!

[@VintageCars]

Countries are being run for large company profits, living standards & quality of life are a thing of the past.

[@nicholaspostlethwaite9554]

Chinese brands yes, but they may put plants in other countries. However when they go driverless there will only be a small fraction of the total current volume required.

[@actualfacts1055]

Tariffs would stop that.

[@raydawson8904]

Sam, We, here in the UK, have already experienced this phenomenon to some extent. The big volume makers have left our shores. We have some specialist makers but they are becoming niche market makers owned by foreign companies. Australia is similar.

[@ahpong]

Germany destroyed its own energy sources. Japan just went down a wrong way, trying to develop the best ICE.

[@spitezor]

>Japan just went down a wrong way, trying to develop the best ICE. You say as consumers are turning against EVs and turning back towards ICE and definitely favouring hybrids...

[@jayceh]

​@@spitezorwhich consumers? What type of the hybrids, the type Japan builds? Or BEVs that China builds? Just remember the US market is not the world market. It's small and contracting.

[@SaintKimbo]

The German people have pushed the, so called 'right wing' political party, AfD, to second place in the polls, and there is a 'right wing' wave going through Europe, with Italy, France, Hungary, Poland etc., even the Scandinavian countries moving away from the 'left' and their hard nose green policies. Viking doesn't want to report on this aspect, because he is a 'green' advocate, but the reality of the political situation in Europe, and with Trump winning in the USA, means that the big green push may run out of steam, and ICE vehicles will not be forced off the market as quickly as they are being now. Then there is the rising standard of living that is already putting pressure on Chinese companies, just like in Japan and Korea, the Workers in China will want, and get, their share of the pie, and the price of manufacturing will soon match other markets, and like Japan and Korea, they will lose that advantage.

[@ralfkr123]

Thats the Story oil and Gas is telling you. The real thing is that the richt Wing policy is triiing hard to stop Green Energy hard. For example the high industrialized south states (Bayern und Baden Württemberg) refused to install power Lines from the north where massiv amounts of wind power now Are making negative Energy Price when wind is at Peak. Its easy to fix but Not with regional policy Hindering everything. Despite of Talking about Atomic Energy - this was really Not a thing - just a few Percent of Produktion. Despite of calling the Story that Burning Gas and Cola instead we Had in fact lowest Production of Energy from Those since the 60s… its all Story telling to Save the outcomes for oil, Cola and Gas..

[@camsmith4047]

And hydrogen cars, idiots

[@tuy60]

Have you looked at the exchange rates for the Chinese Yuan and the Japanese Yen. The Yuan is 7.3316 today was 6.9591 in January 2020. The Yen is 157.466 today was 108.6540 in January 2020. The Currency rates mater in how much something costs to purchase from overseas. A favorable exchange rate helps a lot in getting cheap goods.

[@skasteve6528]

I look at it this way. 150 years ago, no one drove a car. In 150 years time, almost no one will drive a car. Germany, Japan, USA etc. have had a good run but in the past 50 years, they have delivered less. They have put profits over the actual needs of their customers. If Chinese companies is going to do a better job, I'm fine with that. If that involves assembly jobs in countries like Poland of Mexico, so much the better. In 20 years time, wages in China will have caught up with those in western countries and they'll be exporting jobs to places like Indonesia or the Philippines.

[@Ruzhki]

in 150 years population will decline by at least 95%.

[@dertythegrower]

evtols and trains are the future

[@stvdmc2011]

Capitalism at work

[@SteveLomas-k6k]

@@dertythegrower EVs and trains were the future in the nineteenth century. EV market share peaked about 1910. There's a reason we largely replaced both for personal mobility- we have far superior tech now.

[@ouethojlkjn]

There are still plenty of trains around last time I looked. And there are loads of EV’s all over the place as well. I saw a fascinating documentary from 1969 where this engineer was trying to speculate on where we would be in the year 2000. Although he could not articulate it in the way it turned out what he was describing was the mobile phone. Wi-Fi. The Internet. Online shopping. Video communication. Global connectivity. He didn’t get it exactly right but it was still astonishing.

[@FilipeBrasAlmeida]

Xpeng reported a net loss of 1.28 billion yuan for the second quarter of 2024, despite an increase in revenue. Zeekr recorded a net loss of 1.81 billion, even with record quarterly revenue. That's nine zeros...

[@connclissmann6514]

Wasn't there a similar expectation that Japan would make every car globally back in the 1980s/1990s? Hmmm...

[@muktobro]

China isn't Japan though hmm

[@agusedyanto3324]

Japan is basically an assembler because it depends a lot on foreign countries starting from raw materials, labor and also markets, all of which do not allow Japan to be a manufacturing center.

[@markvalery8632]

Yes, and the media and politicians were screaming about the evil Japanese taking the industry over and buying everything up here and the need for tariffs and more to stop them. Then, somehow, Japanese auto companies started opening manufacturing plants in the US and the media and politicians stopped the anti-japanese rhetoric. Now, can the same thing occur for Chinese owned car manufacturing to occur in the US? I'm not sure, maybe Mexico and Canada?

[@janvandermeer6159]

No

[@warheadsnation]

And then Japan was strongarmed into doubling the value of its currency and building factories in the US. See how that works to protect vested interests?

[@martincagle9226]

When the federal government dictates what your products must be.

[@Oatmeal-Savage]

There was a 2019 piece written by The Atlantic journalist Derek Thompson. In that article, Thompson used the analogy of legacy automakers being like a "wounded animal" caught in a trap, unable to "gnaw off its leg" to escape. This metaphor was meant to describe how traditional automakers, stuck in their old ways of thinking and operating, were slow to adapt to the electric vehicle (EV) revolution. The reference pointed to how these companies were resisting the shift to electric cars, despite the growing demand for sustainable technology, which ultimately put their long-term survival at risk. So, because they refused to gnaw off their legs to save their lives at the time, now they will die. It's reckoning time.

[@maiakk-music]

They'll join Kodak and video/DVD on the waste pile. If you can't - or won't try - seeing around corners, you're history.

[@SaintKimbo]

There is no 'electric vehicle (EV) revolution'. If there was, Governments brainwashed by net zero advocates, wouldn't have to step in with subsidies and incentives to buy them and bring in legislation to ban ICE vehicles, they would, naturally, overtake ICE vehicles, but they clearly are not. Not much of a 'revolution' is it?

[@MrAJDurrani]

Tried an MG on lease for 2 years, was pleasantly surprised and recently visited a BYD dealership and understood why European car makers are shaking! These cars are as good as Europeans, they are highly loaded with options and around 25 to 30 percent cheaper! Who can beat that?

[@michaelread539]

Meanwhile, my 2001 4Runner, Freddy the Freeloader, needs new shocks. I would love to buy a mid-range Chinese EV. or better. The US auto industry is historically notorious for lagging behind on almost every level. In fact, they have actively resisted advances in safety and economical mileage. Japan simply began to make better cheaper to own and operate cars. Now, as the world rapidly shifts to clean energy and EV technology, my dumbass government in waiting is trying to buy Greenland. While China is building what could have been built here.

[@HoopsKevinski.]

Meanwhile I'm putting a new engine in my 2018 Chevy Cruze with only 52k...

[@FilipeBrasAlmeida]

China, China, China... meanwhile only 2 or 3 brands are actually making profits from the cars they're flooding the market with. This will end well... for traditional car makers.

[@BIGBADWOOD]

AND THEY WILL BE .... BYD!

[@Charlie-xx2wj]

In one of his videos, the Electric Viking predicted that only 1 Chinese brand (BYD) will be in the top 10 car companies by 2030.

[@billhill4479]

It's politically interesting as well . While the US and some others put up import tariffs to appease the populist but uniformed voter , China continues to go from strength to strength. While the US market is important , China doesn't care . Consumers want cheaper goods . China has the advantage globally and is doubling down. China made the call on electrification early on and committed to it. It is now paying off handsomely via renewable energy and electric cars and all the other technologies that come from that . Someone recently commented that the 20th century was the US century and that the 21st century is the Chinese century. Hard to argue with that when you see what is going on today .

[@roberthealey7238]

We don’t want cheap goods, we want the best quality for the best price; there is a difference. As the movie says, I don’t think this is going to go the way all of you are thinking it will… The supply chains are loooooong in globalist models, and we all know how well that worked recently… On a pure price undercut, US should have eliminated Europe, and most other countries, in the early 20th century but it didn’t. Manufacturing world wide survived despite the manufacturing monster that was the US till greed shipped it to China starting in the 80’s. Time will tell. I have US and European manufactured goods from the 50’s - 80’s that are still working. I have no Chinese manufactured goods that have lasted more than 4 years and clothing usually lasts about a year. This is consistent with the 80’s era US manufacturing mind set that was shipped to China by western corps when US manufacturing was moved to China. A car is a durable good, not disposable consumer electronics. At least in the US, most will wait and see how long the products actually last, and how reliably they can be serviced and at what cost, since our experience over the past 30+ years with Chinese manufactured goods and clothing is not particularly positive.

[@pcstar123]

When I was in the elementary school in Taiwan in the 60's, my teacher said: 19th is English, 20th is American, and 21st will be Chinese. I laughed inside as it seems so unthinkable at the time. But now I call him a prophet.

[@maiakk-music]

The fall of the Roman Empire 2.0 🙃

[@roberthealey7238]

@ We are only 20 years into the 21st, a little early to call out winners and losers. A lot can happen in 80 years, and even fewer…

[@roberthealey7238]

@ Roman Empire wasn’t the first to fall either; at one time it looked like the Mongols would rule for a very long time… All empires fall eventually, probably best to determine how best to survive all scenarios. One well placed CME or comet hit while we pass through the Toroids twice every year and we’re all back to Younger Dryas catastrophe 2.0: living out of caves; or at least the ones that survive.

[@karttu1]

Thank you EV about information. Mind blowing. Yes, this is the inevitable path auto industry is heading.

[@ThisDique]

No it's not. Most people aren't buying EV cars. China has major problems with EV spontaneous combustion.

[@karttu1]

@ I think China has same advantages as manufacturing combustion engines and hybrids.

[@boomclash101]

Sad companies thats been established for 100 year's and cant compete

[@bjm23vancity92]

That's on them...

[@Anonymous------]

Stop living in the past. Welcome to 2025. 😂

[@karlbenz4925]

That's capitalism in its purest form, load or love it.

[@hclau218]

Ha ha ha.. Yesterday, I beat a former PGA golf champion playing off the stake. I laughed bcos, I had exactly the same thoughts as you. "Hei PGA guy, you are 100 years old and you can't beat be. Shame on you" 😂😂😂

[@jglg7238]

You snooze, you lose.

[@raycomeau6866]

Don't confuse Chinese built cars in China from Chinese car brands built worldwide. Chinese brands are expanding plants into Asia, Europe, South America, etc.

[@Estoooopid]

If they somehow make it, the jobs will still be lost to automation. So lose lose for the workers.

[@Quagma-b2i]

Like it or not, automation is not going away. Just the opposite. And yeah, it's going to cause some issues for a lot of people.

[@jsanders100]

True, but the profit will go to China

[@SMJ-l6r]

That's not gonna be unique to China. The whole world is gonna get replaced by robots. They won't spare wnyoje

[@cb250nighthawk3]

Those robots need service and repairs and maintenance. 🎉

[@ericdavison6186]

Arise fellow luddites!

[@wattlebough]

Imagine if the world had no choice but to buy Volkswagen in 1935. The parallels are more striking than some might think.

[@nickmcconnell1291]

Michael is right but it may be even faster. Robocabs when deployed enmasse will make individual car ownership much more rare. The cost of just taking robocabs everywhere instead of owning your own car will drive down the cost of human driven cars even more in order to entice sales. This will lead to China being the only place that can make cars at a low enough cost to even at all come close to just using robocabs. To do this even China will have to almost fully roboticise their factories. It is the Chinese supply chain that will make them the ultimate winners in taking over the entire world's car production.

[@1871kwame1]

Agree .. China missed the ICE glory century (100yrs of internal combustion engine) and didn’t get a chance to break through in making a good Chinese car .. however this new era of battery powered vehicles China is and will be the future

[@skasteve6528]

I agree. If you don't actually need a car, what is the point of owning one.

[@Quagma-b2i]

I kind of don't want to buy another car, if these automated taxis work out.

[@noname-ll2vk]

That's a big if. FSD isn't remotely close to 100% level 5 autonomy. Don't confuse Elon's ketamine fueled delusions with reality. Be rational. Level 5 autonomy means literally 0 interventions per year. Tesla latest is lucky to hit 0 in one drive. And parking isn't working. Waymo behind the scenes employs 1 remote driver per roughly 5 vehicles to takeover when car requires it. Tesla is doing no better. Elon fan boys are being either blatant stock pumpers or can't be objective. It's quite likely fsd will hit a wall requiring extra sensors. They don't have enough stereo cameras and may need to add in radars or audio sensors or infrared. That can't be backward compatible. Every major self driving update has changed sensors because they realized the edge case failures required more than cars had to work around.

[@SMJ-l6r]

Taxi still has taxi issues. You can't store your stuff, it's not always fitted to your needs (especially these 2 seaters), must wait for a cab, and will smell like public transportation. Chinese are actually already deploying both robotaxis in Wuhan and robo delivery cars in Shenzhen so they aren't behind. Huawei also seems to have the most competent self driving at the moment. If cars can drive themselves then it's not gonna be limited to robo taxis. It's going to be your personal vehicle too Currently, Huawei has features that already allow cars to come out of parking to meet you at the lobby or street so the acceleration of automated driving will also extend benefits to personal car ownership.

[@minanovkiril]

germany has direct and indirect 800k employees in automotive and industries supporting it

[@Johnno1979]

I had a $90k Ranger ordered. After 12 months with still no delivery the BYD Shark 6 was announced so the Ranger was cancelled. $30k cheaper and the PHEV will save me $4k a year. Aside from being better suited to my needs, the savings meant i couldn't buy anything else.

[@estiennetaylor1260]

Wise decision my friend

[@joepup8348]

Dunne: "We're done." Capt. Oveur: "It's over." Capt. Unger: "We're about to go under."

[@JosephJanitorius-p5v]

So glad I didn't sell my horse and buggy.

[@dporrasxtremeLS3]

....

[@rcrhino2148]

When can we see sodium EV's in the market?

[@PeroniPete]

Yes but they won't all be made in China. A lot, maybe but not all. It's a sweeping statement to say that. All countries will apply tariffs, and they'll need the money raised from tariffs to pay the huge numbers of the unemployed auto workers.

[@Quagma-b2i]

It is interesting to see tariffs making a comeback in the West. I wonder if it will really work out? Tariffs might come, and then go just as quickly, if they don't deliver the benefits people are expecting.

[@estiennetaylor1260]

@@Quagma-b2i Tariffs are a joke in masking weakness of a nation that's applying it

[@greecemobile7610]

plz make video about the Chery fulwin t8 phev, it has very low power consumption and I hear the efficiency of the ice is around 47-53%

[@byddf]

He doesn't like PHEV.

[@jglg7238]

the world is changing

[@richardstubbs6484]

High wages and many regulations - environmental , health and safety etc. Also shipping fuel is not taxed like domestic fuel, so shipping is cheap. Will tariffs work or just delay the inevitable ?

[@Prophet308]

What are these massively overpaid US executives doing to save their companies ?

[@ouethojlkjn]

Pumping up the share price with buybacks, then flogging their allocations of course. It’s what they learned in Harvard business school.

[@5353Jumper]

Of course trying to find ways to crush unions, cut working conditions, cut safety, cut production quality, cut employees, cut taxes. Anything but cutting their own compensation and shareholder returns, that would be impossible, apparently. It is unthinkable that a company having a temporary downturn would actually reduce executive pay and returns, it MUST come from the workers and customers...apparently.

[@MoneyInvestorTips]

Interesting to watch the progression

[@manolexing68]

Much of the West, or we can say the "Old" developed economies just refuse to accept the​ fact that China is several​ timesmore efficient​ than they are, either individually or combined. It will take time to do so.

[@WillPenn7555]

I read that in Car&Driver many years ago.

[@BradC44]

After watching your video Sam, I had this vision of the future United States where their citizens will all be driving old cars like in Cuba.

[@victorsvoice7978]

The only way to compete with China in making cars is to automate(robots), innovate, and reduce prices on new cars.

[@connclissmann6514]

Much research in the area of batteries would have to be undertaken to compete. Germany is great at engines and gearboxes, lousy at batteries. (Northvolt?)

[@Quagma-b2i]

That's actually the only way to compete with anybody when it comes to manufacturing. I'm not sure why people don't seem to understand this.

[@jsanders100]

Too late

[@thethirdman225]

Too late.

[@thethirdman225]

@@Quagma-b2i They do but they’re stuck in a short-term profit cycle that runs counter to expansion or innovation. It is now effectively impossible for Western manufacturers to catch up.

[@andrewchen9221]

Bought my first vehicle a Datsun 120Y in Sydney 1988, then went on and owned Mitsubishi Lancers, Toyota Paseo, Toyota Celica, Honda HRV,BMW318i, Mercedes E300L and with my last ICE a Porsche Cayenne Diesel which I sold in 2023… because no more ICE for me ever since I test drive the BYD Leopard 5 and most recently the Leopard 8. They are simply next generation cars offering much better value.

[@Frazec_Atsjenkov]

5:44 Fact-checking is never a waste of time.

[@jamieday7579]

Cheers mate, appreciate the info

[@DGlass-yg8xk]

Your GM exec worked for the defunct General Motors Indonesia for 2 years, 12 years ago. Most of his career seems to have been spent promoting Chinese manufacturing for western companies. Just because he was briefly a GM executive doesn’t mean he any idea what he is talking about.

[@DJ2024-t4j]

So you are saying China will only build 75% of cars?

[@DGlass-yg8xk]

@ I’m saying with China’s economy being a mess, manufacturing over capacity, massive debt, tariffs being imposed all over the world, this ex GM executive has no idea how things are going to shake out.

[@estiennetaylor1260]

@@DGlass-yg8xk Lol nice joke you got there. Makes me laugh from your brainwashed western anti China propaganda lies

[@williamlewandowski129]

@@DGlass-yg8xk China's debt is less than the US debt, in raw numbers and percentages. But in regards to overcapacity, China has that is spades. The US has a housing shortage, China has a housing overabundance, along with just about every other product you can imagine. Resultingly, inflation shouldn't become a problem in China.

[@njseashorechas2698]

Not for long with the Tariff's

[@smferreiro2610]

Governments around the world always found ways to keep competition out. Why does the US still produce cars despite having Mexico so cheap and near?

[@estiennetaylor1260]

To be relevant when their economy is becoming irrelevant

[@1871kwame1]

It’s everything from the parts suppliers to the dealership all of them will go bust very soon I predict by end of this decade … China are making Hugh profit on selling the cars cheaper than legacy car manufacturers do and the Chinese cars are not any cheap shit .. it’s actually decent good quality cars

[@msmith3395]

Are they making profit, or just propped up with subsidies until the competition is demolished?

[@1871kwame1]

@@msmith3395 yes Chinese car makers do get a lot of help from government but they also have a lot of cheap energy . Very good at building factories in fashionable time .. they invested heavily in infrastructure and technology for battery tech a long time ago .. China definitely done their homework on this

[@mjerome1457]

They might dominate another places, but they’re not gonna dominate here in the United States… For we will make sure of that… We will continue the support maker that are already here!!!💪🏾💪🏼

[@abelincoln3261]

We don't make smart phones for a reason.. if we did they'd cost three times as much and be half as good..

[@golfish8589]

What is the reason for this? Invent it here and ship all the jobs overseas to produce it. Henry Ford payed his employees enough money so the could purchase what they produce. The original owners of Ben and Jerry's ice cream took a salary that they limited to 7 times that of their lowest paid employee. That mentality died a long time ago. We are now in a race to the bottom while the rich get richer.

[@Ray-ld3mt]

I agree with most of these predictions. Some legacy carmine's will survive but become much smaller and more dependant on China.

[@Aramsa-Khan]

They called it over capacity. 😂 Hahaha 😆 hahaha ha 😆

[@raoulheinrichvonmerten4851]

Well Sam I bought an MG SUV, not the high spec model. It’s very easy to drive, battery dose 350 k, in the real world a bit over 300k. $32,000. No service for 2 years. No visits to the servo. Quiet. Safe. I don’t know what to think about the big auto picture or Australia’s place in it . But I am glad we do not manufacture cars anymore.

[@GreenIsland38]

Top information Viking !! Looks like the West has "missed the boat". They surely seen this coming, but disregarded !

[@rochcarothers-ts3jx]

NO, because quality is a very important portion of vehicles :)

[@agusedyanto3324]

And quality also has to take into account the price. There is nothing great about a quality but expensive car, what is great is quality but still at an affordable price 😂

[@SaintKimbo]

They said the same thing about Japanese cars in the '60's and Korean cars in the '80's............ China is getting there faster.

[@rochcarothers-ts3jx]

Not sure, some of the feedback I have read, that may change:)

[@paulmatters2641]

Despite falling Direct Foreign Investment in China this year, FDI from Germany last year surged into China 18% in the first six months. Its all about the ev's. Its over for Germany manufacturing domestically. And will be for the US in a few years.