The Point: What's behind the China-EU electric vehicle spat?

[@carlduplessis31]

China’s “ crime” is that they invested heavily in developing EV manufacturing. These manufacturers innovated and improved their product quality at such pace that those outside China could not keep up . Well done to China .

[@TacticalMayo]

Hell no China's doing certain things that are going to bring a war that ends the world.

[@Andy-P]

Unfair state subsidies. So EU will potentially punish China. China self reliance = Western de-risking.

[@picandvideo]

China foresaw there is a dead end in combustion engine technology in automotive industry. One evidence is in hybrid technology. So the logical step is to concentrate resources into complete EV industry. The efficiency in EV effects so many facets (reducing the cost to deliver petro fuel ⛽️ to millions of station around the world, costs to produce petro, emissions, costs to maintain petro vehicles,….).

[@Andy-P]

@@picandvideo China did recognize the importance of EV 20+ years ago and developed a plan to become a world leader - which it has done. This has been done with huge Government subsidies. China's EV industry is so huge and subsidised it threatens other fledgling EV Car industries which don't have such a large state subsidy. So EU will protect it's industry.... just like China does and has,. Has EU seen what happened to solar manufacturers in Europe

[@eish3291]

The legacy automakers made big profits over the preceding decades but refused to believe electrification was the future and scoffed that the Chinese had the technology and ability to make a good new generation vehicle. Now that they,ve stopped laughing they cry " foul " when they refused to invest their profits into new energy vehicles.

[@Truth433]

Losers

[@theinazmie2472]

Quite true... Immediate profit and profiteering...stockmarket driven...

[@petertan_sg]

3 points - Foreign car marquees are earning money in China but Chinese brands are not allowed to earn money in US and Europe. China is subsidizing Chinese car brands, indirectly subsidizing European consumers. Would any nation really do that? Foreign countries could also subsidize their own car manufacturers to push for innovation. For years, China is accused of stealing Western tech but why is China can produce EV yet Western cannot?

[@theinazmie2472]

👍🏾Food for thought...

[@glenwjohnson809]

Jealousy will make the EU and US to inflict suffering on their own people.

[@theinazmie2472]

In this case is EU refuse to face/accept the reality that their high production cost and maintaining their profiteering as in the past by blaming China to fool their people at the same time...

[@Andy-P]

The EU car workers won't be suffering just Chinese dealerships in EU

[@glenwjohnson809]

@@Andy-P I'm talking about the consumers that will be force to pay high prices for cars in The EU.

[@Andy-P]

@@glenwjohnson809 Yes, agreed. Some of them will appreciated the subsidized cars. Where China will be most successful - and rightly so will be countries with very little motor manufacturing. They have the most to gain from Chinese subsidized EV's and will help their 'green' policies. Countries that have a manufacturing base to maintain to some degree will not be so keen. Just like China has a preference for her own products

[@urimtefiki226]

Jealousy thats the explanation, I though West is democratic until they have under control everything, when the others get better they just start to find those explanations. Now I understand what the word DEMOCRAZY means, I mean since the Corona crises started. We the poor coutnries are paing the price while they fight to keep their hegemony, shame on them.

[@misterhill5598]

USA has been and still is subsidising Tesla. (the subsidise enabled Tesla to drop price in Australia by 20%). Big boost in Sales. EU is subsidising Tesla and their various automakers. Japan is subsidising their cars as well.

[@Andrew-su7vd]

Toyota diesel off-road vehicles are popular in poorer countries.

[@quoc28mytube]

Airbus received a lot in EU subsidies. And the French state owns a chunk of the PSA Group, i.e. Peugeot and Citroen. The state also owns a bit of Renault. And Volkswagen, backed by Hitler, is also own by provincial state, the Lower State of Saxony.

[@theworldviewers3586]

You means countries own by oligarchs?

[@quoc28mytube]

@armamentarmedarm1699 You mean the socialist state of France that sponsor Airbus, and US Boeing threating EU with and vice versa. And EU agricultural subsidies that undermines the market.

[@wisdombites3586]

This is why China should help alternative market in Asia, Latin America and Africa and help them be at par with western developments

[@demonridera]

If I subsidise, it's support for industries, if they still can't win, I will lie about the competition and impose tariffs. Sour grapes, nothing else.

[@johnsmith-cw3wo]

just BAN the communists... more easy.

[@carollei7794]

The fangs of the green-eyed monster are beginning to surface.

[@pooi-hoongchan8680]

Liu Xin is a good journalist .

[@Gurci28]

China produces EVs more cheaply than anywhere else. [Reuters]

[@Gurci28]

A UE e a China entram em conflito sobre veículos elétricos [FT]

[@Gurci28]

The industry leader is BYD, which has expanded to around 15 countries in Europe. [Bloomberg]

[@Gurci28]

Nio is the first high-end Chinese electric car brand to release its own smartphone. 1:11[CNBC]

[@maxinare]

What is America doing by giving money to the chip industry leaders? I thought that was subsidy

[@johnsmith-cw3wo]

yeah but that's national security issue...

[@alhassangangu4357]

What Biden was not subsidy but “inflation reduction “

[@apachekafka773]

​@@johnsmith-cw3wo😂😂😂 National Envy Issue you mean

[@BSnicks]

​@@johnsmith-cw3woWhat does this "National Security" term include? There is evidence that theft and occupation (Syria) are included in this term.

[@vestasharp6861]

@@BSnicks They are securing Syria's oil by selling it and keeping the money.

[@divinejusticefeelsgood]

First they laugh at you, then they deny them they fight you.

[@mrclo_l0pz330]

Chinese car manufacturer Great Wall Motor (GWM) will open a new factory in Brazil and the entire country is over excited about it, including myself. The plant will manufacture electric cars only. Yet more "kudos" for China :)

[@alantan9863]

Btw, how do you translate gwm into local language?

[@mrclo_l0pz330]

@@alantan9863 The language in Brazil is Portuguese. GWM would then be: "Grande Muralha Motores". Sounds good actually ;)

[@rwksasc]

I bet they will now try to arrest the daughter of BYD’s founder.

[@theinazmie2472]

If happen in America... 😂

[@catonpillow]

U$. In the 80s the EU, on the orders of U$, sanctioned Toyota and Honda in a similar fashion. But look where they are now. History doesn't repeat but it sure rhymes.

[@happygp698]

Racial supremacy is deep rooted and still prevails in the Us-Europe mindset.

[@carollei7794]

Not to mention their imperialist mindset, arrogant attitude and delusions of grandeur. They look down on China and their self-belief that China is inferior to them has been to their own detriment. Now that they have awoken to the fact that China is leaps and bounds far ahead of them, they cry foul and will pull out all the stops to curtail the advancement of China. Nothing beats resilience, humility and innovation; traits that China has time and again proven through their many successes. I root for China though I’m not a Chinese citizen. 🇨🇳💪🏻Go, China, go!💪🏻💪🏻

[@tooltalk]

still crying the century of humiliation?

[@ckokloong]

EU can also subsidize their automaker. No one cares about WTO ruling. China, India, US, Japan, UK, EU every often will claim someone doing anti-dumping.

[@s._3560]

EU already spends average €72 billion renewable energy subsidies every year since 2015 according to Bloomberg.

[@mavrom4537]

EU charge ev cars mainly by fossils, ...in some place use 80% coal to fuel a tesla ..😀 no one cares

[@Humax918]

Cheap? BYD is less than half the price in China! HiPhi also about half the price in China. If the EU says China is cheating by subsidy, then just give more subsidy to German car makers and let us all buy EV's for the price of a burger!

[@sonofyoutube6248]

if EU want to decoupling, so be it...

[@Bike-Stealing-Nogger]

EU is happy with any company to produce their EV cars, they aren't happy with them being less affordable and practical compared to Petrol and Diesel cars.

[@MightySteve001]

No one is talking about de-risking from America

[@Bike-Stealing-Nogger]

@@MightySteve001 China is heavily invested in Africa and is backing a lot of pro Chinese military coups. Funding of anti French protests in Africa too... But CTGN will not tell you this either 🤔

[@johnsmith-cw3wo]

@@MightySteve001 EU need America to protect it from communism.

[@Andy-P]

@@MightySteve001 China is. Called self-reliance

[@putianren]

When a seller produce & sell their products to buyers at a better quality & cheaper price, Buyer complained that it is too cheap !!! So buyers want an expensive products with lower quality ?? Must be some stupid buyers ?? hahaha BUYER: Why are you selling at a cheap price with better quality ??? SELLER: Because we love you all as buyers who are poor !! And most of all, we as SELLERS are honest & sincere sellers who do NOT cheat you. We sell quality good NOT BRAND name !!

[@Andrew-rc3vh]

That was a great interview. All the professors had valid points to make and I'm pretty much in agreement with all of them. One point to add though is I hear there is suspicion the cheap quality Chinese cars coming into the EU are being sold at inflated prices via the distributors pocketing the difference in price/value compared to European models. You pay substantially more for the same model in Europe as you do in China. This may well be remedied in the future as Chinese firms arrange distribution networks for their products themselves. I see this in the solar panel market where firms have a wholesale distributors in Europe, which helps to reduce shipping costs too as they have warehouses here.

[@nobodyli6543]

BYD building it's own fleets

[@Andy-P]

Solar Panel industry is good example. Heavily subsidised Chinese manufactures put EU companies out of business

[@mahbrum]

@@Andy-P Can you provide proof, please?

[@Andy-P]

@@mahbrum checkout EU memo/12/647

[@victorkmlee]

The reactions toward China's tremendous technological progress.. Apathy......quitely ignore ......... Scoff ........Discomfort....... Anxious ......... Fear ........ panic......... (Batshit) desperation press the red button (tariff, sanction).

[@sulandelemere]

…false genocide claims… war….

[@davidhughes4527]

Great debate Ms Lu and a very knowledgeable panel of unbias experts on the subject of EV on the world market. 👍👍👍

[@angxiang3186]

To the last comment ~ the losing team is making ruckus because the winning team is heavily supported n invested by parts from the losing teammates. Basically ironically ~ ludicrous. Losers lost because they refused to foresight n parked where their monies should be = ie Walmart n Tesla.

[@MichaelChuanPG]

Want to boycott China's products but still want to earn china's money, best solution "both countries stop all trade". No more issue.

[@johnsmith-cw3wo]

yep... cheap products made in China are great... if are made by western companies.

[@glenwjohnson809]

I thought they supposed to be happy that there are alternatives for their poor poor populations.

[@babahanuman83]

west does not care for their poor, only for their rich.

[@apachekafka773]

You know it's a National Envy Issue 😂😂 They said democracy is the only way a state can succeed. But China is doing just fine. They have to flood their media with Anti-China to keep them brainwashed.

[@divinejusticefeelsgood]

It was allright for eu car companies to manufacture cars in china and enjoy the benefits but when others do it. It's not fair...

[@johnsmith-cw3wo]

so far no one stopped chinese car companies to build factories in EU. (also CCP forced joint venture between china and western brands in China)

[@divinejusticefeelsgood]

@@johnsmith-cw3wo Forced? That's a bit of a liberal use of that term.

[@apachekafka773]

​​@@johnsmith-cw3wo 😂😂 A brainwashed westerner sounds exactly like their propaganda media. Kudos to the MSM for these massive brainwashing campaign. Get well soon ❤❤❤

[@johnsmith-cw3wo]

@@divinejusticefeelsgood well... yes... if someone say ''you can build your factory only you make it 50%-50% with CCP, then it is FORCED whatever angle you look at it.

[@divinejusticefeelsgood]

@@johnsmith-cw3wo no it's not forced. They don't have to build a factory there, do they. If they want the massive Chinese market they have to accept their terms too.

[@jonathanbethune9075]

Congradulations on your cars. That's really good news. I'm going to try and buy one...

[@ianstirling6015]

China is the centre of the world. Power of the people

[@theinazmie2472]

中国。。。，以民为本，people centric... 😅

[@covertpuppytwo3857]

China and "power of the people" is a contraction. Dictatorships like China DO NOT give power to the people!

[@leekianseng359]

Miss Von Der Leyen, simply speaking doesn't know much about the automobile industry. Her claims are just not justifiable. China has been known to produce products quicker and more efficient. China has been working hard and come to where it is today.😅

[@raygan777able]

China is able to make cheaper products because in reality, things doesn't have to be so expensive. But they became expensive because of the huge profit margin incorporated in their pricing. I know for a fact that some American brands can give away as much as 90% discounts during a bid. You can easily see all these in the phones produced by China. Their phones are only a third the price of the western phones.

[@ConscienceTruth]

A COWARD IS A BULLY WHO WILL ONLY FIGHT WHEN THERES TEN OF THEM ARMED AGAINST YOU . HOWEVER, HE SCREAMS FOR PROTECTION WHEN THE FIGHT IS FAIR ONE TO ONE ..AND NOT SURPRISINGLY CALLED OFF THE FIGHT......ISNT THIS OBVIOUS IN THIS SCENARIO??

[@RosaMark-v3h]

It's nice to see you on this platform after I've followed you Liu on CGTN for years. Europeans will never learn how to do open business they are doing to China the same they have done with Africa all this centuries. Protect their jobs at the cost of dying Africans. The US is the same that's why we hope for China's strength because Africa needs that.

[@vidsurf88]

Cooperation is the best route....

[@sammytsang7479]

History repeating itself. Look at the 1970s to 1990s with Japanese and Korean cars that had invalid tariffs attacking customers wallets.

[@HLC64]

If BMW MECEDES made in China will also have to face the anti subsidy probe and maybe also face tariff because they are too cheap too? Trying to hold my laughter!

[@sammytsang7479]

VW cars sold in China make up 40% quantity sold but make up to 50% of VW profit. This is wrong. It should be 40% max profit

[@vamoua4036]

Thank you. Very informational and knowledgeable guests.

[@yahyasie89]

I need China EV !

[@nonviolence_peace6012]

Cheap EV cars means they should buy more EV cars, like they do buy cheaper oil from Russia, they don’t investigate for cheap oil from Russia

[@PahatRout]

Various reports from the West indicated that Chinese EVs are sold at much higher prices than those within China itself. Even add in the shipping costs, the sale prices are definitely higher based on current currency conversion rates. And yet at these prices are considered highly subsidized? I thought they would play with the construction of the vehicles but obviously it is no longer an issue. Hence, the issue of subsidies!

[@freeneasy5906]

Cheap n nice 👍🏻,why pay more or DIY,cut costs

[@George-rj4fj]

China's "crime" was the same "crime" the Japanese committed in the 1960s - 1990s - just as covered in the video. The Japanese made small to medium sized cars that were lightweight, fuel and space efficient. The major automakers in the West laughed and scoffed at the Japanese and continued to churn out their large, heavy, gas guzzling behemoths - and even tried to sell those to countries that didn't have the road space nor cheap gas available. when the first gas crises hit, and then, followed by a second and fuel prices went sky rocketing, consumers went for the cost savings Japanese models, abandoning the heavy lumbering road "tanks". what happened when the automakers in the West lost market share to the Japanese? They blamed the Japanese instead. The same pattern is happening today. It is curious that when someone is a loser by virtue of their own shortcomings, they end up blaming the winner for their loss!

[@erich623]

Well reasoned conversation, that explains the tariff topic and the European perspective very well.

[@nonviolence_peace6012]

Looks like NIO cars are very high quality nice EV cars

[@williams.1980]

The rules against subsidies sounded open ended. They sounded like rules against any state supported company that does well and is hard to compete with. What are the benefits of the wto?

[@alantan9863]

I guess China ev makers have to sell at higher price and have JV with European carmakers then.

[@theinazmie2472]

First of all is the production cost.... 1. Supplies cost, involving the whole supply chain, efficiency and cost effectiveness. 2. Human capital and human resources cost and availability which includes security. 3. Facilitating requirements such as R&D, productions, government support... 3. Volume, short term and long-term... ..... Subsidies, money from the government, from taxpayers to be exact..could mean redistribution of wealth...have to be fair to the population especially the underprivileged...

[@junzi2022]

This ridiculous claim shows the stupidity and ignorance of some Western politicians. It is Economics 101. It is called economics of scale. This means that if output of a product is in very, very large numbers, the unit cost will be very much reduced.

[@setsanchew3897]

When eu lost its heads! Can t compete anymore. Got 2 use its 0 master from washington s playlists.

[@BSnicks]

EU should do as the US. Don't build charging stations if you don't want EV. I haven't seen any charging stations in the area where I live. Therefore, I can never use an EV.

[@3419aswientj]

🇨🇳 always produces in large quantities....to save the cost of starting/ending point of producing machines effectively and efficiently....

[@Bike-Stealing-Nogger]

But sold in low quantities. How does this benefit the Chinese economy..? It doesn't.

[@urimtefiki226]

the bullshiter has my tables and he will hide some of them, if you steal you do other criminalities as well.

[@costaselgreco]

Europe, the champions of protectionism are unhappy😂

[@polysporin8332]

Most of the Chinese EV are designed in the EU, especially in Belgium design firms.

[@urimtefiki226]

Not interested in a new car, have no money.

[@AdamMutter]

I Will Always by China everything or anyting

[@alantan9863]

28:10 good point. Need to innovate faster.

[@robinrahul2176]

''MADE IN INDIA'' EV market and phones and laptops market is rising and India is becoming the manufacture hub for products of these in Europe and US...Also advance chips and jet engine industries are being set in India to become leading manufacturing hub in advance AI...

[@christophevervecken1370]

As usual if the EU can not make it, always the others or scations or bad influence etc. Ehen is VDL learning to deel with the true?? She can talk and talk facing no results. As the EU is declining she meeds to understand that the EU wealth has to be reduced with the stadaatds she can affort and created!! On long terms propaganda does Mot help, certaintly not our childern.

[@Andy-P]

"Positive push" by Chinese is huge threat to EU car manufacturing in Europe. Just like positive Russian action in Ukraine is threat to EU.

[@OxwoodBr-io6id]

European suberside agriculture industry exports trade

[@VincentTansoon]

EV is much more cheaper compared to the expensive cars in the world because China seeing that more lower family's can afford to buy. Just that EUROPEANS doesn't want China over take them. As for i will buy the cheaper car for me to use.On top of that is much more better with the QUALITY HIGHT STANDARDS ON ROADS.

[@robn02]

To begin with labour costs in Europe (and North America) are much higher than in China. Secondly the Chinese have an unmatched work ethic. Thirdly, all the raw materials are within China. And last but not least, China takes automation to a high degree combined with AI and Huawei's 5G. Rather than cry foul, Europe needs to look inward and try to match China's excellence.

[@urimtefiki226]

2019 - 2023

[@shainfarah3433]

Hello, my favorite channel. I am an engineer. The electric cars will take over and will replace the combustion engine if and if the charging problem is solved, and i have a solution how to solve the charging problem. Dedicating one line of freeways for not to have charging lane while electric cars are in that lain and later extend that as needed is the answer. Electric cars will have contact points under them to contact to rails in the lain and get charged while driving in the lain . Creating charging stations are unnecessary and waste of time. just imagen, while you are driving your car will get charged. Simple. This method is more practical in China because in China it is easy to build such Driving lane with electric rail and add just simple contact mechanism under electric cars. call it revolutionary. i like to know other peoples idea about my proposal. Thank you.

[@mavrom4537]

the begin of the currency-power war....be safe&savvy...long jouney

[@geixiong5749]

For the first time this woman screwed up by interrupting the guess while he was answering her questions..by the fluency of her English speaking, she had some of the Westerns arrogant personality.. not real Chinese mentality of respect.

[@AdamMutter]

You don't have to catch up with China you're not Chinese you won't be able to do it stick to making good engines and you'll be fine your cars aren't as beautiful as back in the day but maybe that'll change or maybe not

[@tjinc002]

I thought the words are thriving to achieve carbon neutrality, cheaper and more affordable electric car that is good for the peoples and achieve the goal isn't it, what is that matter who subsidies it, in trying to protect certain corporation who produce more expensive car with sacrifice the environmental itself ? That doesn't make any sense to me

[@pctong5387]

Racism

[@foreverforty1]

PRESIDENT XI MAKES CHINA GREAT AGAIN.

[@K1VV1939]

If Europe started buying Chinese cars to make Mini Subs and underwater Drones the Chinese would stop selling - The Chinese have hundreds of acres of Out Of Date brand new electric cars with all the running gear to build a really cheap Mini-Sub Fleet for any South Pacific Nation ... Just saying ...

[@PahatRout]

Don't be funny, even if everyone in the Pacific region buys car, it will not amount to much!

[@K1VV1939]

@@PahatRout try not to be stupid, I'm wanting the electric motors, controllers and batteries

[@phongy45]

west costly cars or whatever .. is west issues ... not others ...

[@urimtefiki226]

the bullshiter is making movie, but i am destroing his plan.