This EV SUV Shows Why China Will Be Dominant in EVs (Chery eQ5) | {Tesla & NIO Should Be Worried}

In today’s video, I cover a Chinese battery electric SUV, the Chery eQ5. Unlike the Wuling MINI EV which was a tiny city EV with limited range but an amazing price, this Chery eQ5 is a legitimate advanced electric vehicle with some impressive technology at an attractive price.
If you aren’t aware, China is the world’s largest car market over 25 million units sold in 2019. The US sold 17 million units in 2019. China also has the world’s fastest and largest growing market for electric vehicles. Plug in electric vehicles accounted for over 1.2 million units in China which was 3 times more than the US.
There are over 400 electric vehicle manufacturers in China currently. Chery is a major vehicle player in China with over 450,000 units sold in 2019. The Chery eQ5 also called the Big Ant is a compact electric crossover sport utility vehicle. They probably need to change the Big Ant name if it were to be exported to the US or Europe as it doesn’t quite translate well as a luxury vehicle name. The eQ5 was launched in September of 2020.
I know this is a car and not a television but I bet you didn’t know that the top 2 of the 4 market share leaders in television sets sold in the world are Chinese companies TCL and HiSense. The same thing for the cellphone market with Huawei and Xiaomi taking the #2 and #3 spot in worldwide market share. Don’t count out China in the EV market.
I’m not saying that Chery will be the next Toyota but don’t think that Chinese EVs are just cheap junk that won’t be competitive. They’ll be extremely competitive as the Chery eQ5 shows.
What do you think about the Chery eQ5? And let me know in the comments whether you would buy a Chinese EV if it were available for sale in your country? And why or why not? Thanks for watching and if you enjoyed this video, please give it a like. See you in the next video.
#ev #teslakiller #chery

[@jeebangurung7014]

Chinese chery, nio, byd are so nice design evs.

[@joachim3562]

I would very much like to try a Chinese brand due to its affordanility and technologically advanced features. I hope that there will be a drop in prices within the next 2 years

[@EV-olution]

I would love to see that vehicle here in Canada. People underestimate the quality of cars built in China and I think many will be very surprised.

[@victoews6842]

Bring it to Canada, many of us would buy Chinese. I am currently on my Huawei phone.

[@anthonyonwuna2289]

Great car, can't wait for Chinese car makers to conquer the world like they did In the phone market

[@wujianzhu7881]

There will be sanctions comming there way poor losers

[@jeankumps8412]

Brigin it to Belgium please

[@anthonyonwuna2289]

@@wujianzhu7881 Nobody cares about U.S sanctions, there's only 300 million people there. How many cars can they actually buy? America is 23 trillion in dept, 3 guesses who they owe that money to?

[@elvismegabrain752]

Chinese cars to conquer the world?

[@DeRhamme]

I'm in the US and think they Look nice I would get one

[@edmond27355]

Make enquiries re. Cherie. Definitely buy. Go China.😃👍

[@davidakenson7173]

Bring it to Australia and i would buy it.

[@skylimit3477]

Amazing price, long range and stylish... Cost about 1/2 of Tesla ?? Will other countries allow the import of these cars ? It can hurt their own car makers. I love to get one !!! Please come over here.

[@inyourphace1690]

It's priced low because of the cutting-throat competition and heavy tax credit in China.

[@StephenShawCanada]

In Canada, to be viable, they'd need to open an assembly plant or two; without doing this, they'd be faced with high import duties.

[@michaelnagle9231]

I would definitely buy this vehicle

[@bobwallace9753]

I'd be interested if it had a bit better driver assist features. In addition to adaptive cruise control I want lane keeping, at least on major roads, and collision-avoidance braking. Take the monotony out of highway and stop/go driving. I'd really like full self driving but I'd settle for a less complete feature set for now.

[@sherashera7791]

believe me chery is good

[@StephenShawCanada]

@@bobwallace9753 My 2021 Hyundai Kona EV has these features and does make driving in these conditions much better. When you want to take advantage of twisty roads, it's easy to disable and take full control.

[@bobwallace9753]

@@StephenShawCanada I'll take a look at the Kona but I think I'll probably get a Tesla with full self driving. Having a car that will drive itself should extend the number of years I can live in my "mountain kingdom".

[@abuanihas3pazg149]

No point salivating car lobby will ensure huge price tariffs if it ever managed to come to western markets powers at be would ensure it.

[@chrispenn715]

Chinese cars are really coming on. Pricing is always a tricky one - by the time you add costs associated with modifying the cars to meet local safety regs etc., transport, import taxes etc, you can probably add 25% to the price - still competitive, but getting close to the existing competition.

[@StephenShawCanada]

Charging rates are one key element to consider. That is a deciding factor for me. I own a 2021 Hyundai Kona EV that can't even do 100Kw. My next EV will definitely be well above 100Kw.

[@garyallsopp6369]

Tesla shouldn't be worried, but legacy should.

[@davidstuart4915]

what they need to do is offer fully inclusive maintained personal and business lease deals in Euro + US markets, a min of 30% cheaper than opposition and with greater range..that will put the cat among the pigeons and force down the bloated prices in these regions :)

[@four-x-trading5606]

Yep we get way overpriced for cars here its ridiculous

[@davidstuart4915]

@@four-x-trading5606 got quoted 50% of purchase price for a 2yr lease a few days ago...

[@four-x-trading5606]

@@davidstuart4915 nice but not everyone can find a good deal like that

[@davidstuart4915]

@@four-x-trading5606 Katie, thats a horrendous offer!! - U should target c 22% for 2 yrs lease :)

[@four-x-trading5606]

@@davidstuart4915 yeah if I had the credit but right now my credit is at 524 looking to build it hopefully soon but as long as it will take to build my credit I could have already saved the money to buy a junker

[@1313hyme]

I would definitely buy it in US. But of cause the govt would not allow it, like Huawei phone and 5G. I hope China will one day kick GM and Ford out of China for security concern. That should teach US a lesson or two.

[@ringoko4323]

I am living in China. But you will wonder why local people prefer Tesla or Toyota Hybrid rather than all local EV. The answer is reliability. If you know the answer, you will know it is a toys only.

[@worldcitizen7898]

I am also living in China. Local people do not prefer Tesla or Toyota Hybrid (in fact Toyoto does not yet make a full EV, only a Hybrid, and their upcoming EV is in fact licensed technology from their new China partner, BYD) . China EV now outsell Tesla and Toyota Hybrid. The Wuling Hongguang Mini EV is top seller in China the past several months. There are so many Chinese EV models now, if you add them together they outsell Tesla handily. With more and more high quality models introduced every month, this trend will continue. Nio, Li Xiang, Xpeng, BYD are all making excellent EV cars. These are not at all toys. I remember when Apple iPhone was the top seller in China. Now they are #5 behind Chinese brands Huawei, Xioami, Oppo and Vivo. Tesla will find themselves in a similar situation in China soon.

[@Kukaboora]

@ Ringo, There will always be a segment of well to do people that are snobs. The Tesla buyers. Paying higher prices for the prestige, for the right to separate themselves from the poorer mass. How many Tesla fires has been reported in China and how many BYD EV fires has been reported in China. At least five for Tesla and none for BYD. That alone would tell me BYD EV is safer regarding battery fires.

[@pedinomefaux]

Great price for a high tech EV. I bought a Chevy Bolt but this Chinese EV is half the price with double performance. I can't wait to see it in the US.

[@woody1569]

Well love the suv ev very good size and the range is great, lots of tech and the price wow this ev will be great in England to all the people who want a ev and don’t have to pay over £35.000 for one.

[@otron805]

$25k electric SUV for this size and 300 miles range is a steal.

[@ruudkraan7072]

Nice car, hope come to Holland.

[@friendlyii]

looks nice

[@undredrawn3419]

This goes to show you that the other manufacturers are charging way too much. There may be a good reason for the larger price tag but when you got a car with a 70 or 88 KW battery and it's under $35K this tells you the Chinese market is doing well. It's a car many can afford and it doesn't look bad and gets some really good range.

[@bartosl.3453]

I would certainly look at this vehicle and still can't understand why North America can not build a car with all the features and price. I want to purchase it directly from the manufacture

[@tommycollier9172]

This is too good to be true, I hope it never makes it to the US it will put the automaker out of business.

[@StephenShawCanada]

Unlikely, without having their own assembly plant(s) they'd be faced with having to tack on import duties to the purchase price. By opening up assembly plants, they provide more local jobs and get tax incentives. This is what Toyota, Honda did in the '80s.

[@toth1982]

Great video, but when you compare the prices, don't you use US id.4 and Arya prices? I think those prices will be less in China.

[@carsavvy4764]

Good point, Ferenc. We'll find out pretty soon what the prices wil be in China for the ID.4 and later in the summer for the Ariya.

[@StephenShawCanada]

For a Chinese EV manufacturer to be successful, in North America, they need to, not only open dealerships, but create assembly plants in the countries. If they don't, they'll be subject to import duty fees that will negate the lower build costs. You can find KIA, Hyundai, Toyota, Subaru, Volvo, etc. dealerships so getting service isn't a pain. What will happen if your Chery, XPeng, NIO or BYD breaks down and you need to wait a month for a part?? Who will have the ability to diagnose issues?? They won't sell. Edit: As an example, the new VW ID.4 will be built in America, not brought in from Germany.

[@adoreslaurel]

I wonder if they will produce a model in RHD [Hong Kong is RHD].

[@reho7387]

I enjoy value along with price when shopping. Just like most products today, point of origin plays less of role as long as quality is maintained. Based on what I know of Chinese manufacturing, they have no problem with quality control (U.S. firms must also think so). They know, as businessman, that once a customer is lost due to bad quality, that customer can and will influence others not to buy a particular product.

[@bobpeticolas121]

It would depend on the warranties. Hyundai now offers a lifetime battery warranty. That's hard to beat or even match. Battery replacement on such big batteries runs into big $$$.

[@Brian-om2hh]

But batteries don't always necessarily need to be replaced if or when they begin to lose some performance. The packs can be refurbished. Usually for much less cost than a complete replacement.

[@gwarlow]

@Bob Peticolas To date very few EV batteries have been “replaced” and battery prices are dropping yearly.

[@robgrune3284]

China has made great progress, now poised to lead, in only 20 years time. The issue for me is seats. I'm tall, but the vehicles are designed for small Chinese people. Seats are simply too small for me, so driving becomes difficult.

[@worldcitizen7898]

I am a big man (1.9m and 130kg) , these cars fit me just fine, they are as big as their competitors. The mini EV (like Wuling mini EV) are a different story.

[@robgrune3284]

@@worldcitizen7898 that's good news. I wonder if the NA versions are different from the Asian versions.

[@robertocardona4011]

Please let me know where I can go to see this 🚙 in the United States.

[@bassemelsayed3451]

High output category what it’s price ??

[@WEZ4136]

I think the eq5 looks better than the VW id4 by a long way, I have one as the interior certainly looks far superior and well set out.

[@jvs333]

If it was to hit the US market it would have a slow (bias) start as did Toyota and Datsun (Nissan) in the beginning. But once a few were sold sales would rapidly grow as did Toyota and Datsun (Nissan)

[@StephenShawCanada]

And, Honda too.

[@herbertconlan9952]

VERY IMPRESSIVE, and since practically everything electronic I own is made in China I have no fears of inferior quality and I would not hesitate to buy a Chinese car with so much obvious substance and quality. Other than Tesla, American car manufacturers have been too slow developing EV technology. Unless they can catch up very fast, GM and Ford face doubtful futures.

[@pedropeladoni5477]

Yes

[@kyliefan7]

No!

[@tnt600]

When can I buy one in the US?

[@cathrynharrison4734]

please stp usijng MM say 1 .5 metres as that makes sence and can be understod easily

[@sinola1]

Helt sikkert ville jeg købe en 👍

[@gabyvoiculescu8310]

When in Europe?!

[@hieroglyph321]

Agreed. But this is just EV porn and dreams until they reach the global markets ... which they haven't yet.

[@MegaJackhart]

Yes all the gear and a very fair price, come to Perth WA they will sale like hot cakes🤞👌👌👌

[@gwarlow]

A car which will probably not make it to most western markets. But the more affordable EVs that are available everywhere means that Elon Musk’s mission statement will be realized sooner rather than later.

[@hansdauncey3737]

Bring it to Australia!

[@pmh1nic]

If they prove to be durable and reliable they should do well.

[@phosisavanhboulom8465]

It looks very nice.

[@midge225]

No matter how good this vehicle is i recon many countries wont import it because it will undercut most other makes

[@gerhardtaxthelm6581]

At least it cannot turn into a rust bucket!!! That alone would put it at the top of my list. No traditional manufacturer comes close. They keep selling us junk that rusts out after about 7 years.

[@four-x-trading5606]

Do they make the steering on the right side?

[@anthonyonwuna2289]

English and the Aussie need to get on the left steering with the rest of the world

[@brucewatts4439]

@@anthonyonwuna2289 What a stupid comment!are you 12?

[@edmond27355]

Looking at Chinese brand utes to buy here in Oztralia.😊🥰

[@joseywells9616]

More charging stations 💜 more EV sales....

[@StephenShawCanada]

This is why Elon Musk knew he had to develop charging networks to make Tesla viable.

[@joseywells9616]

@@StephenShawCanada they need a charging station at every gas station so people will not have to worry about how far they can get

[@Move-stop]

sure will buy. look at the details, look at the value

[@byronthomas6371]

I love this car,why do we have to pay to much over priced cars in the UK I would buy one

[@heribertomartinez3640]

Que. Bien.

[@godofwar6099]

Yes why not

[@AS-ux3eg]

I super thought that's was an infinity

[@johndoe1121able]

i will buy it if the US let cars from China into USA market.

[@kathyfann]

Will they make Hybrids

[@umbertovanstaden2651]

I'll drive this thing

[@heribertomartinez3640]

Ok. Que. Bien.

[@wernert5643]

Will it be available in Germany?

[@MrTibast75]

Cannot believe this: the SUV looks like the lynk & co Model from Geely? Is this legal ?

[@StephenShawCanada]

Ohhhh yeah ... FORD, GM, Chrysler copied each other's designs left, right and center over the years. Well, except for the Edsel that is.

[@lonniebeal6032]

If AWD, I'd get one.

[@wowyzaoy]

can someone explain to me why aren't there built in turbine(s) to recharge the battery on any EVs.

[@StephenShawCanada]

Actually, most EVs have regenerative braking which allows the electric motor to become an electric generator which helps recharge the main EV battery. No Need to add anything else.

[@ABC-hi3fy]

Good range but it is a threat to national security. No can do.

[@worldcitizen7898]

So, let me get this straight, competition is not good for national security? I thought the US was supposed to be the champion of free markets and competition. Haha

[@jcampbell2481]

Chinese quality is very good. I have a Hysense 4K tv, and just love it. Best picture and colour I have ever seen.

[@alaasadek2908]

I would buy it if it is in Egypt. I also feel very tempted to privately import it because of the low price.

[@carsavvy4764]

Thanks for your comment. Would it be expensive to import a vehicle privately to Egypt?

[@alaasadek2908]

@@carsavvy4764 yes

[@carsavvy4764]

@@alaasadek2908 Ok thanks.

[@bobwallace9753]

@@alaasadek2908 Is there a logical reason for high import duty on vehicles in Egypt? There's no auto manufacturing industry to protect that I know of. Is it just a way for the government to raise money?

[@alaasadek2908]

@@bobwallace9753 well Bob I will give you my phone number at the end so that we can chat more later. I just talked with a private impoter who will get this car for $36,000 to Egypt. He claims he makes 7% margin. Then there is the 14%VAT and shipping etc. He also claims that he can provide some kind of warrenty locally here in Cairo. I think that we should take away the 14 % VAT, but as it is today it is what it is. To me that is still a lot of money. Even if it has been 80 or so kwh battery battery. I think it is cheaper than a Tesla model 3. And what I must have in it is the level 2 self driving. I didn't see any reviews about that. If you have any let me know. Here is my number [phone] WhatsApp. Keep in touch. Alaa

[@eniobaptista8008]

For that price I would have bought one yesterday

[@ciaranchew]

Can't wait for the Chinese to start selling their cars in Europe, their EVs look amazing and if the EU don't stick stupid high tariffs on them the prices will be very attractive. I personally would have no problem buying Chinese as long as they offered decent warranties.

[@carsavvy4764]

The market is going to sort this out in China. The Chinese consumers won't keep buying these if they're unreliable and unsafe. There are 400 more EV companies to choose from. Hopefully tariffs won't be a huge issue.

[@carsavvy4764]

@Keith Gatlin It's got to be fair for both trading countries. What's fair is up to debate.

[@buzz86us2005]

I agree the Chinese EV would be amazing if we can get Joe to open up the US market.. Tesla needs some competition badly

[@carsavvy4764]

@@buzz86us2005 I still can't believe that Tesla is worth more than VW, Toyota, Honda GM, Ford, Fiat-Chrysler, and Hyundai combined.

[@buzz86us2005]

@TEC KZbin I'd just like to have a new EV that I could afford.

[@ilkererol1986]

Chinese cars looks great but European ones looks very dull if you compare it with them. I would like to buy if there is strong dealership

[@Anomize23]

Get your eyes checked and look at Mercedes

[@ilkererol1986]

@@Anomize23 right...

[@Anomize23]

@@ilkererol1986 yeah you know im right 🤣

[@ilkererol1986]

@@Anomize23 😁

[@Brian-om2hh]

It isn't *quite* as clear cut as it may seem. Many potential buyers/consumers still have doubts regarding the quality of assembly and the long term durability of Chinese made goods. Let's face it, they don't have a brilliant track record.

[@victoews6842]

Brian, you've obviously never been to China, Quality is exceptional cheap junk is shipped to America because capitalism demands profit over quality.

[@Rhaman68]

A Buick model is made in China; Volvo is owned by a Chinese and has excellent cars. China has excellent engineers, architects and EV experts.

[@leo3334]

Do not despise the snake, who knows one day it might turned into a dragon. n the day is now?

[@douglashagan65]

Chinese government tried to stopped in the first time and didn't want them building these cars and saw them now all of a sudden the Chinese government gives him the green light

[@wunhonglee8952]

Logic in make and price

[@babesdoce7719]

China versus Tesla

[@Tzekkie]

1:50 Pininfarina*

[@doneB830]

I would rather pay for a quality product

[@douglashagan65]

Chinese markets will be going into China and the European markets they're low priced the little one is real cute that's selling the most in China

[@ashleyjacobs8430]

Evs are so over priced. I would buy this car right now if it was available. Send me one to England as a sample.

[@stevensarson482]

And who do we copy from and undercut Chinese Labour with - Martians

[@ben8718]

we have porsche cayenne at home porsche cayenne at home

[@heribertomartinez3640]

Coche. Electrico.

[@mluc1111]

Can I pick up the real 🍒 with this chery ?

[@phoarey]

Hyundai, Toyota and VW would seem to me the only incumbents likely to survive the EV revolution to compete.

[@jamessang5027]

Nice looking car! Cheap! This car shows you how you make a inexpensive car with SLAVE LABOR!!

[@javierhernandezfernandez3363]

Chery eQ5, EV El Mejor Suv Chino ahora.

[@302yt]

I'll rather pay more than buy a China product.

[@vincent82228]

Very ugly design

[@commonsense1547]

I will never buy Chinese made cars, they look. the part, but. are cheap junk 🍋