This is a Chinese-made SUV. And the US government will give you $7,500 to buy it.

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Inside China Business

Inside China Business

Күн бұрын

Пікірлер: 347
@AIPretendingToBeHuman
@AIPretendingToBeHuman Ай бұрын
Now I know why this is my favorite channel -- it's because it is based or reality, data and numbers -- not ideology, rhetoric, or just made up "facts". (Powell, Yellen, Raimondo, Gelsinger)
@davidford3073
@davidford3073 Ай бұрын
Yes😂😂😂
@Xibot888
@Xibot888 Ай бұрын
@@AIPretendingToBeHuman keep snorting the propaganda. You know China is failing. Look around you. No one wants to go to China anymore. China is washed up . New countries much more fun and exciting for investment..
@JohnDoe-tv4zf
@JohnDoe-tv4zf Ай бұрын
“Inflation reduction act” = record inflation
@willengel2458
@willengel2458 Ай бұрын
corporations' welfare act. they actually think we are that brainwashed and dumb.
@Xibot888
@Xibot888 Ай бұрын
@@JohnDoe-tv4zf China has the China deflation act. Tank economy so prices fall. 😂
@MultiMojo
@MultiMojo Ай бұрын
The trick is to invert anything these govt. stooges publicly say. Then you know what their real intentions are.
@adoaTW
@adoaTW Ай бұрын
​@@Xibot888u watch too much fake financial news from the West. whenever i heard western econ experts opened their mouths talking about china on cnbc & bloomberg, i laughed so hard. 😂😂😂😂 whats scary is that those so called china experts & financial gurus in the west have been wrong about china for so many times for so long. yet these same financial news outlets kept inviting them back on the shows year in year out. are these news outlets trying to mislead investors?😮😮😮
@DimitarBerberu
@DimitarBerberu 29 күн бұрын
​@@Xibot888 That's in the US/UK/EU propaganda world. China's economy is the most robust - the reason for warmongering around China to weaken all the US allies so the US/MIC can survive longer (HOW LONG?)
@j.r.operhall6473
@j.r.operhall6473 Ай бұрын
Your information so often turns up gold for many of us viewers! Thank you for boiling it down AGAIN.
@cocoyoung7996
@cocoyoung7996 Ай бұрын
Volvo makes money, the government generates tax revenue, people get their affordable vehicles, lawers make money as well, sounds like a success
@bungkusi2432
@bungkusi2432 Ай бұрын
But the politician lost face
@MarineScoutSniper
@MarineScoutSniper Ай бұрын
Not really. Someone is paying and it’s the poor guy. Trump will make Volvo’s illegal.
@Zerpentsa6598
@Zerpentsa6598 Ай бұрын
People get their car's at inflated prices after the US politicians take a big cut.
@kwlee8420
@kwlee8420 Ай бұрын
And they all live happily ever after. What's not to like?? It's a win win scenario. !!
@TheKkpop1
@TheKkpop1 Ай бұрын
It's 4x wins..😂 plus a win for the green energy.
@mechannel7046
@mechannel7046 Ай бұрын
Uh-oh, now that Kevin has spilled the secret, Congress might crack down on the leasing route for consumers to get Chinese EVs
@user-uw2ki7vm4d
@user-uw2ki7vm4d Ай бұрын
Is it possible that it is Kevin’s intention to remind Congress about this loophole?
@user-uk3nx8cn4u
@user-uk3nx8cn4u Ай бұрын
What will be the result of all these restriction? Had not we seen the result of such actions before? You either globalists or not, you can not have it the both ways. Either the us companies do business within the us terrotory or you agree to the conditions of the globalists system.
@mefobills279
@mefobills279 Ай бұрын
We can't see what's in the bill until we pass the bill. Congress critters are puppets. It is the corporate interests and donor class that will then pull strings to pass new bills.
@peanut0brain
@peanut0brain Ай бұрын
​​@@user-uw2ki7vm4din a previous video, he mentioned a revelation that the enemy is in Washington and Wall Street. Enemy of the people
@jameshack485
@jameshack485 Ай бұрын
@@mefobills279 Who is the corporate interest that wants to allow Chinese EVs into America? You think Volvo has more lobbying power than GM or Ford??
@reginald7214
@reginald7214 Ай бұрын
Byd has reportedly been meeting with the CFO of Chrysler ( Stellantis) last week and visiting factories. Everything is speculation at this point but interesting nonetheless.
@Q_QQ_Q
@Q_QQ_Q Ай бұрын
Byd will sell it's vehicles in USA soon.
@soheiladam7510
@soheiladam7510 Ай бұрын
​@@Q_QQ_Q mostly through third parties and I don't think they will build factories in the US, I could be wrong though.
@ZweiZwolf
@ZweiZwolf Ай бұрын
BYD would be stupid to buy any Chrysler factories or brands in the US, as they're all tarnished. It'd be smart to buy Mexican production, though.
@NooeeeNNN
@NooeeeNNN Ай бұрын
How does it work they make the Volvo EVs here ?
@ZweiZwolf
@ZweiZwolf Ай бұрын
@@NooeeeNNN Volvo exports 1 car from the US, they can import 1 car into the US. 1 for 1.
@jasoncummings7052
@jasoncummings7052 Ай бұрын
You sir are credit to all those looking for information and not propaganda. Thank you. New Subs.
@emarkjacobs
@emarkjacobs Ай бұрын
usa is comedy
@cosmoray9750
@cosmoray9750 Ай бұрын
Not surprised. Look up these two titles listed below and see how Chinese athletes are discriminated. " Reporters hide doping scandals of China's rivals " " PanZhanLe 100mt World RECORD met with RACISM? - @ChinaParaTi "
@Xibot888
@Xibot888 Ай бұрын
Not nearly as big of a joke as China right now.
@samwisegamgee289
@samwisegamgee289 Ай бұрын
but no fun at all
@MarineScoutSniper
@MarineScoutSniper Ай бұрын
@@Xibot888tell the Markets that 😂
@samwisegamgee289
@samwisegamgee289 Ай бұрын
@@Xibot888 some joke they are leaving america and the e u behind in every aspect of manufacturing and neither one has the smarts to even catch up to them never mind surpass
@M.M.Alam.Liberty
@M.M.Alam.Liberty Ай бұрын
Thanks Kevin for Brilliant updates on Supply chains, economy and shedding light on the subject of great hard work that the Western countries do only to be willfully stupid. Coexistence = Peace
@tainle
@tainle Ай бұрын
People do not understand but believe that the European are peaceful people they are not. They are imperialist that want to take your resources and lands.
@frankacheampong608
@frankacheampong608 Ай бұрын
At this point one must ask: is there really any point to the US' sanctions regime? Cause it seems like if you throw enough lawyers at them there are enough loopholes to be found and China doesn't seem to be suffering from these sanctions at all.
@sinic1978
@sinic1978 Ай бұрын
Political theater. American politicians want 2 things to stay in power. Money and votes. You understand what I m trying to tell you ?
@kenm3ng121
@kenm3ng121 Ай бұрын
yes, public are dumb, politicians need saving face
@capnkirk5528
@capnkirk5528 Ай бұрын
@@kenm3ng121 Just the first part, apparently. Politicians now have NO SHAME and NO MORALS.
@Ahoooooooo
@Ahoooooooo Ай бұрын
It's all a show . Politicians need to show they are tough against China. What is the reason ? We don't know . Personal insecurities maybe ?
@subotaiKhan
@subotaiKhan Ай бұрын
Michigan is the car manufacturing headquarters and is also a swing state and the Democrats need the votes. It’s political theater.
@justme6275
@justme6275 Ай бұрын
competition is good for consumers
@rickv1778
@rickv1778 Ай бұрын
Wasn’t it the US that always forced free trade without tariffs? The US makes the rules to suit themselves always.
@crosslink1493
@crosslink1493 Ай бұрын
China can always drop its tariffs on goods if it feels so highly of its own products in a competitve market. China can also ask the WTO to drop China's status as a developing nation with all the financial benefits that give them. if the country feels its so advanced. In short, see if China can compete evenly.
@markc6140
@markc6140 Ай бұрын
@@crosslink1493think you crap. What to do with WTO or as developing status. The crux of the issue is US always use unilateral unethical sanctions against countries that it cannot compete. In the end, consumers will pay for the higher cost the product while self serving lawmakers make tons of money.
@TrimeshSZ
@TrimeshSZ Ай бұрын
Not historically - the US was always highly protectionist of it's markets. This position was only reversed - rapidly - at the end of WW2 when the US found itself with what was effectively the world's only fully-functioning manufacturing economy because Europe was largely destroyed and Asia had little in the way of heavy industry. So "free trade" in that context was really just "open markets for US products" but with the advantage of much better optics.
@amraceway
@amraceway Ай бұрын
@@crosslink1493 China has wiped the floor with the USA in regard to manufacturing.
@Muricans1776
@Muricans1776 Ай бұрын
The good news is the Red fever in Congress has allowed Murican Auto prices to increase with inflation.
@angusblack4068
@angusblack4068 Ай бұрын
"establish a foothold in the US markets where prices are among the highest in the world," laughs in Malaysian.
@iyibu01
@iyibu01 Ай бұрын
In Pursuit of Madness USA government
@danapeck5382
@danapeck5382 Ай бұрын
Also, really envy the career you've carved out and love both the content and closing shots. West Lake, especially
@elprofeta110
@elprofeta110 Ай бұрын
Great video. I was a process control engineer (just retired 2/21/24) I would always stress test my projects just to make sure it would work under all conditions. Also depending on the government. But I found away of earning more income despite my Retirement. With a step of $45k and $9k weekly returns has been life changing, after so much struggles.
@babytruca02
@babytruca02 Ай бұрын
Hello how do you make such weekly?? I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God.
@elprofeta110
@elprofeta110 Ай бұрын
@@babytruca02Maria Angelina Alexander I really appreciate her efforts and transparency.
@elprofeta110
@elprofeta110 Ай бұрын
I gave her my first savings and she opened a brokerage account for me it turned out to be the best thing that ever happened to me.
@elprofeta110
@elprofeta110 Ай бұрын
My outlook on money changed when I realized someone making $200K can retire broke & someone making $80K can retire a millionaire. With the current market movement.
@KuramaUchiha-id1ow
@KuramaUchiha-id1ow Ай бұрын
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
@briannewman6216
@briannewman6216 Ай бұрын
Leasing is a big hole in the current US protection system. If interest rates are dropped back to zero again then leasing is a no brainer.
@rogerstarkey5390
@rogerstarkey5390 Ай бұрын
The "Pre-Election" rate cuts should be starting soon
@Xibot888
@Xibot888 Ай бұрын
It’s really not. Leasing doesn’t eliminate tarriffs and is why Volvo is moving ex30 production for USA out of China to Belgium. And it’s also why Volvo makes its other EVs in USA.
@ZweiZwolf
@ZweiZwolf Ай бұрын
Leasing is what keeps the US economy going, rent instead of buy.
@Xibot888
@Xibot888 Ай бұрын
@@ZweiZwolf actually opposite in USA because they have such good income to buy cars 80% are purchased. Only 20% of cars in USA are leased and most of those are businesses who lease cars for tax purposes.
@ZweiZwolf
@ZweiZwolf Ай бұрын
@@Xibot888 Most of the balance are financed, some at outrageous terms, up to 84 months. The majority of new cars are not purchased and owned outright.
@RIZFERD
@RIZFERD Ай бұрын
NIO backed by Lenovo is better though.. Their fully automatic robotic battery swapping station is much faster than fast charging and truly innovative. The stations are spreading all over Asia and Europe. NIO EV's has achieved 5 star EURO NCAP
@lalatubby4836
@lalatubby4836 Ай бұрын
personally i dont see the swap station has a future , i have turned to EV since this May - no home charger just public charging stations . my longest time spent was like 35min bcos i wanted to take it up to 90ish % full for a longer trip. normally it takes 20min to charge from 20% to 80% approx ..in real world thats like 200km to 450km range - i have the xpeng G9 - btw i am NOT using the super fast S4 charger .
@RIZFERD
@RIZFERD Ай бұрын
@@lalatubby4836 battery swapping is the future
@peanut0brain
@peanut0brain Ай бұрын
​​@@lalatubby4836you forget that when new battery tech comes out, like solid state, then the owner can just swap in a battery with the latest tech...
@henrycarlson7514
@henrycarlson7514 Ай бұрын
@@peanut0brain IF the battery is compatable or accesable
@lalatubby4836
@lalatubby4836 Ай бұрын
@@peanut0brain yeah , i was looking into NIO before my purchase - with swap you can change to a larger batt via the app booking so thats handy (prob use once or twice a yr) ..the range isnt as good ( es6 , being 4wd and much smaller batt in comparison)..costs more ..there was a lease offer for the BATTERY alone , but then still works out not as good . the ongoing costs ( as well as FSD / data etc ) was the killer for me (prob diff for each country / region) ...lastly , dont forget you can get a massive queue at the swap station too 😜😁...and when the new solid state batt is out and my car is 5,6,8 yrs old ..probably can swap into those - who knows ?
@pyrophobia133
@pyrophobia133 Ай бұрын
remember when Congress had a Cash for Clunkers program and Japanese cars won market share instead of expecting Detroit to keep/increase it?
@UPdan
@UPdan Ай бұрын
That dog is magic at the end. Someone tell BYD I want the Seagull for $12k on lease.
@flyfishing101
@flyfishing101 Ай бұрын
Most of ppl in USA I know still have that stunning look when I told them Volvo is 100% Chinese owned but operated globally. You can see most of media channels don't even talk about it at all. Just like Thinkpad was made by Lenovo not IBM for a long time already and still bettering this breed.
@Xibot888
@Xibot888 Ай бұрын
@@flyfishing101 Volvo is not 100% Chinese. It’s a Swedish company owned by Geely. Volvo still has headquarters in Sweden. Everyone knows Volvo was purchased by Chinese company. Old news.
@cjfinance3829
@cjfinance3829 Ай бұрын
Good news for me, I own quite a lot of Geely Hong Kong shares 😁. Long Geely/Volvo, short European manufacturers. I chose Geely instead of BYD, because of Volvo, Geely has a huge advantage with this brand it has owned for many years now. And now everyone knows it! And also Warren Buffet invested in BYD which adds an overpriced premium to the share price... I prefer investing in a bit more obscure firm with a better "moat"... That said, the share has been moving around the bottom for quite some time now, but this is my long term pension fund 😁 I don't intend to make a quick buck anyway. We'll see where all this will go 🤔 Trying to get access to the Shanghai/Shenzhen connect to buy othe Chinese shares but it is quite a nightmare 😤 even with Interactive Brokers. If anyone can help on this, advices welcome! 😁
@bertanelson8062
@bertanelson8062 Ай бұрын
Rules were made to be broken. Like it or not, they will be.
@BSnicks
@BSnicks Ай бұрын
Just ask congress men. They all know about it. They use their own made loop holes every day!
@Sideritis
@Sideritis Ай бұрын
Marcus Tullius Cicero Quote: The closer the collapse of the Empire, the crazier its laws are.
@Xibot888
@Xibot888 Ай бұрын
This must mean China has collapsed look at all crazy laws there.
@hanmi1216
@hanmi1216 Ай бұрын
With that strategy, Wuling can enter US market. Since it's part of the GM and GM has factory in the US. Oh also Leap motors using stellantis ( Chrysler)
@scottwang7367
@scottwang7367 Ай бұрын
they can't. wuling is a brand of saic not gm, although saic has a joint venture with gm, doesn't mean saic can use gm to sell their own brands in US
@Aapig
@Aapig Ай бұрын
@@scottwang7367 There are already Wuling cars that have been branded under the Chevrolet trademark and sold in other regions
@ZweiZwolf
@ZweiZwolf Ай бұрын
I think the problem is that the import export is 1 for 1, and GM is losing a lot of share in China. Trading for cheap Wuling cars is a poor choice compared to Buick SUVs with higher prices and fatter margins.
@randygram9310
@randygram9310 Ай бұрын
I didn't know Volvo was now owned by a Chinese company. 😅 Decades ago Volvos were quite common in some U.S. cities such as SF - Berkeley. But they were replaced by Japanese and Korean cars. Maybe they'll be making a comeback to match up against Tesla as an electric SUV. 🤔 Yet to spot a single iconic Volkswagen Microbus, reincarnated as an EV, in the U.S. I guess they are behind schedule in releasing them.🙃
@cjfinance3829
@cjfinance3829 Ай бұрын
Ford bought Volvo, tried to kill the brand as GM did with Saab... But had a seemingly better idea by selling it to Geely, some Chinese obscure peasants with no knowledge of cars... 10 years later: Voilà! 😤
@orangetube1
@orangetube1 Ай бұрын
Geely has owned Volvo since 2010.
@noelelnolo9642
@noelelnolo9642 Ай бұрын
U r always on point! Great videos. Please continue.
@Darkmatter321
@Darkmatter321 Ай бұрын
Imagine lawyers helping people ! Times are indeed strange
@normanmoffatt9707
@normanmoffatt9707 Ай бұрын
I think that sanctions are just a game to see how creative people can be.
@RM-qw3xz
@RM-qw3xz Ай бұрын
Woe is the USA, but here are a few facts: "In 2021, the United States exported a total of 155,337 new passenger vehicles and light trucks to China. Jun 24, 2024." "In fact, China has been the biggest market for cars from General Motors (and its partner companies) for more than a decade." GM sales in China are declining as more people opt for EVs; however, it does NOT change the fact that had it not been for its sales revenue from China, the company would have gone bankrupt long ago. Tesla is now an official government car in China. However, the USA has imposed a 100% tariff on China's EVs. Not just American auto companies have been making sales in China for decades, but also the endless fast food companies like McDonald's and KFC. I think KFC makes most of its money in the Chinese market. "P&G makes 35% of its sales through e-commerce platforms in China." Please stop the sad songs about how China is gypping the USA.
@jonathanfriedlander8563
@jonathanfriedlander8563 Ай бұрын
THE u s IS CURRENTLY THE NUMBER ONE COMEDY SHOW !!
@Sideritis
@Sideritis Ай бұрын
Marcus Tullius Cicero Quote: The closer the collapse of the Empire, the crazier its laws are.
@jonathanfriedlander8563
@jonathanfriedlander8563 Ай бұрын
​@@Sideritisabsolutely they have lost the plot , there own worst ENEMY.
@biggychaka6780
@biggychaka6780 Ай бұрын
At $ 27.5 k cheaper than my then 4 year old used Toyota that I bought in 2022 a the height of price gouging in US. Now car prices have collapsed and many that bought overpriced vehicles are defaulting on loans and the vehicles are being repossessed.
@Xibot888
@Xibot888 Ай бұрын
@@biggychaka6780 the pricing for ex30 is $36K USD to $47K. Hardly cheap! My full sized 7 row 2023 Jeep Grand Cherokee was $38k! Ex30 is a little compact suv. Hardly affordable. Just overpriced EV.
@mijmijrm
@mijmijrm Ай бұрын
Business and it's interaction with reality is sophisticated. Economists and politicians exist in the unsophisticated world of the imagination. There will always be discrepancies between what economists and politicians wish for, and what business reality evolves into.
@ThecrazycakeEATAH
@ThecrazycakeEATAH Ай бұрын
Incredible generosity from Washington😂
@jimkuan8493
@jimkuan8493 Ай бұрын
It is not a loophole. The intention is to keep Chinese brands OUT of major world market. Even if Vovlo was bought by Geely, it was considered a Western brand.
@linphilip6389
@linphilip6389 Ай бұрын
if USA sanction is about face and not intend to have real effect, Chinese do not mind at all.
@stickitupyourasteric
@stickitupyourasteric Ай бұрын
@@jimkuan8493 it's because they have plants here that export vehicles..
@junizhao
@junizhao Ай бұрын
When the whole world is full of Chinese car brands, US will look like a joke.
@fannyalbi9040
@fannyalbi9040 Ай бұрын
you can keep China brands out, but also pay money for Chinese bank in😂😂😂
@jonathanfriedlander8563
@jonathanfriedlander8563 Ай бұрын
WHY WOULD YOU WANT TO KEEP CHINESE BRANDS OUT ?? YOU PEOPLE ARE IN A FANTASY WORLD ALL ON YOUR OWN .
@futo
@futo Ай бұрын
ahhh...now i see why I've been seeing rumours about BYD visiting Canada's two Chrysler plants and also in talks with Chrysler HQ in Auburn Hill Detroit
@remix-yy1hs
@remix-yy1hs Ай бұрын
Yeah I so a guy make video on it. I hope they do.
@remix-yy1hs
@remix-yy1hs Ай бұрын
And trump have invited them to make cars in usa
@joem0088
@joem0088 Ай бұрын
Dude, the idea is good, but I think the US allows only so many EX30 up to a limit of the Volvo US factory is exporting. You couldn't buy say a car co in the US, export 1000 from the US and expect the US govt to let you import 100,000 eV could you ?
@bertanelson8062
@bertanelson8062 Ай бұрын
Maybe make them right there. Not much import. We'll see.
@MarineScoutSniper
@MarineScoutSniper Ай бұрын
Yes. That’s the tomfoolery of the Tariff System.
@jossdionne9810
@jossdionne9810 Ай бұрын
My friends and taxis EV in China run for 500kms, new cars even more. And an other friend had his car for 4+yrs, goes for 400kms.
@kevinlaw6191
@kevinlaw6191 Ай бұрын
XC-30 recharge are build in Belgium
@yingxu7908
@yingxu7908 Ай бұрын
I want one of those
@DIRKDIGG88
@DIRKDIGG88 Ай бұрын
Get the Zeekr X. Same car - More premium
@InformedKiwi
@InformedKiwi Ай бұрын
It’s great to see this success. If they start selling ant quantity I would expect them to be jumped on.
@Xibot888
@Xibot888 Ай бұрын
The ex30s sold in USA won’t be built in China. Volvo moving ex30 production to Europe for US market.
@manofsan
@manofsan Ай бұрын
Holy crap - thanks for the tip - I gotta go get me a leased vehicle!
@raghubirraghubir
@raghubirraghubir Ай бұрын
❤ Love you Dear. You are superb in your analysis.
@TerryPitman
@TerryPitman Ай бұрын
Heck I'm going to go out and buy one of those it's so cheap, and I don't even need it.
@silversurfer8237
@silversurfer8237 Ай бұрын
Always remember to hire good lawyers to solve problems.
@YHauz-co
@YHauz-co Ай бұрын
EV’s maybe the only type of car one can justify buying. ICE cars depreciate too fast to justify ownership.
@MarineScoutSniper
@MarineScoutSniper Ай бұрын
😂😂😂
@DaxVJacobson
@DaxVJacobson Ай бұрын
Thanks to the 100-year-old tariff rules the export refund is on a one by one the export one car they can get a refund on one imported car tariff, the US government can change the lease rules without new legislation by the way.
@jonathanfriedlander8563
@jonathanfriedlander8563 Ай бұрын
PROTECTIONIST POLICIES WONT SAVE YOU AND AREN'T ANYTHING TO BE PROUD OF .
@LongTimeTTFan
@LongTimeTTFan Ай бұрын
Very informative. Thank you.
@laurencekelly5081
@laurencekelly5081 Ай бұрын
Thank you Kevin very informative program.
@manimalworks7424
@manimalworks7424 Ай бұрын
BYD CFO has recently visited a failing Chrysler plant
@ZweiZwolf
@ZweiZwolf Ай бұрын
I hope he saw it as a warning not to buy American plants.
@manimalworks7424
@manimalworks7424 Ай бұрын
@@ZweiZwolf today’s news: visited yet another plant 🎃
@USA-GreedyMenOfNoIntegrity
@USA-GreedyMenOfNoIntegrity Ай бұрын
Or we can wait until the prices come down to $20K.
@pjtomtai
@pjtomtai Ай бұрын
Good price I might buy one oh wait ... lease one.
@sciagurrato1831
@sciagurrato1831 Ай бұрын
fyi - US availability of ex30 has been delayed to 2025. Volvo claims it will also introduce ex90 ($80k) next year as well.
@Xibot888
@Xibot888 Ай бұрын
Delayed as they are moving ex30 production out of China to Europe.
@sneakymove
@sneakymove Ай бұрын
And US lawmakers talents could not see any of these coming...... What kind of good policies can these lawmakers of this calibre come out with? God bless American.
@buzzlightyear3715
@buzzlightyear3715 Ай бұрын
In my town of 46000, we are about to get our second electric school bus. BYD.
@tonysu8860
@tonysu8860 Ай бұрын
That's twisting the facts a bit to say that Geely bought Volvo to avoid US tariffs considering the purchase was nade over a decade ago and EV tariffs were enacted only this past year There doesn't apoear to be anything underhanded about this. Volvo cars included any manufactured in the US are being sold complying with longstanding rules and aren't being dumped in the US market so at least to me it looks like there won't be any immediate changes. If anything, Volvo is the model other Chinese manufactures can look to as an example of hiw to be accepted into the US market and unlike what China has done un Europe.
@joeyp1927
@joeyp1927 Ай бұрын
The same lawyering that exploits these loopholes will close them, from the loophole to ship Chinese-made cars to the US because they own a factory here, to the lease/buyout transaction. But, like many of this channel's complaints, maybe this is a wake-up call directed squarely at lawmakers.
@nicogun7177
@nicogun7177 Ай бұрын
The US has delayed in increasing tariffs to Chinese goods. I've never seen a bigger backpedaling than this.
@Xibot888
@Xibot888 13 күн бұрын
Canada has just passed 100% tarrifs on Chinese EVs. Bravo! 🎉
@cocoyoung7996
@cocoyoung7996 Ай бұрын
senator: Does this car have access to my wife?
@stefenleung
@stefenleung Ай бұрын
Donald Trump already said he want Chinese car companies to make factories and build EVs in US. But of cos it's not possible for the car manufacturers to really move to US like the Tesla, consider the cost and supply chain, and most important the uncertainty. Chinese have no problem to offer bribes like every US companies do but lets say Tiktok's lobbying have increased 4 folds in 2023 already and still we know what happened. Of cos, at the end the car companies may build factories to assemble the wheels so the US win politically and China escape the tariffs.
@bubba842
@bubba842 Ай бұрын
They already make cars in Mexico. The supply chain already exists. Many of the cars driving around North America today are made in Mexico.
@Xibot888
@Xibot888 Ай бұрын
Uhhhh you know Volvo and almost every other global car brand have huge factories in USA …right? Supply chains actually better in USA. Plus no Need to ship over ocean to USA when built there.
@stefenleung
@stefenleung Ай бұрын
@@Xibot888 You won't be able to buy a Volvo car if it's really made in US. What other factories China EVs in US? Tesla? Tesla is a good example how "made in US" work, 50% of Tesla is made in Shanghai factory and exported outside China.
@jupplut6159
@jupplut6159 Ай бұрын
I think Volvo in Europe own back majority share. Gilly decided to do so about 2 years ago.
@stephenc6955
@stephenc6955 Ай бұрын
I want a $15K Chinese EV.
@ZweiZwolf
@ZweiZwolf Ай бұрын
Me, too!
@joeg3950
@joeg3950 Ай бұрын
I bought one new vehicle in the past 30 years. Even with all of the new EVs, cars in the US are unnecessarily expensive. Yes, I could afford one, but I take my money seriously.
@believein1
@believein1 Ай бұрын
Their “split” with Polestar actually seems genius now.
@jameshack485
@jameshack485 Ай бұрын
They still own the majority of Polestar and will likely need to merge it back since Polestar is struggling
@joem0088
@joem0088 27 күн бұрын
I wonder if the BYD DM hybrid with 2000km range is classed as an EV in the US for the 100% tariff ? What do you think ?
@Userkzb20253
@Userkzb20253 Ай бұрын
Don’t worry, the Congress will change rules again.
@t.c.w.5088
@t.c.w.5088 Ай бұрын
This is win-win situation .
@emersonandriao4342
@emersonandriao4342 Ай бұрын
Thanks for the info, Kevin! Great stuff, great channel!
@jonathanfriedlander8563
@jonathanfriedlander8563 Ай бұрын
MAN - UP ! americans and face reality , you cant make quality vehicles economically !!
@barnabusdoyle4930
@barnabusdoyle4930 Ай бұрын
The Chinese EVs should be sold in the US without any tariffs at all. Force US companies to compete and justify that ridiculous sticker price on US cars. It’s how we forced manufacturers to increase the quality of their vehicles in the 90s by letting Toyota, Honda, etc in to compete.
@MrStevemur
@MrStevemur Ай бұрын
Like the old Will Rogers line, “It’s easy being a comedian. You’ve got the whole government working for you.”
@amraceway
@amraceway Ай бұрын
Hasn't the US Government just introduced a new sanction banning Chinese software in any new cars sold in the USA?
@remix-yy1hs
@remix-yy1hs Ай бұрын
Yes I read about it. It's coming in few weeks. So that's how they gonna band this. But it's gonna hot Google self drive cars and tesla too
@jonathanfriedlander8563
@jonathanfriedlander8563 Ай бұрын
WHY WOULD A u s TAXPAYER SUPPORT PROTECTIONIST POLICIES ???
@Xibot888
@Xibot888 Ай бұрын
Same reason Chinese taxpayers support tarriffs on almost all products imported into China. Funny to see big Chinese cry babies come out when US uses same strategy as Chinese government.
@michaelmackey754
@michaelmackey754 Ай бұрын
Great video!
@DW-op7ly
@DW-op7ly Ай бұрын
Let’s be honest the real issue is have an American or European brand name… makes it not really Chinese at the very least one they can pawn off as not Chinese to the uneducated masses
@dewinmoonl
@dewinmoonl Ай бұрын
Ah well win-win then. The west gets to keep its optics, the Chinese get to make money
@JimmyDoyel-by2cp
@JimmyDoyel-by2cp Ай бұрын
all the sudden BYD because "ALL American PATRIOTS EAGLE " brand lol.
@spidermann1256
@spidermann1256 Ай бұрын
Kevin - what you say @ 3:30 does not add up. If a US based factory builds & exports (few) cars to China, how does this get around Chinese made cars within the same company shipped to the US avoid the 100% tariff? Surely the latter is still Chinese made, regardless of the number of fewer cars made in the US exported to China.
@ZweiZwolf
@ZweiZwolf Ай бұрын
The problem with factories in the US is how the US uses lawfare to confiscate / force sales. It would be stupid of China to invest in a modern EV factory, only for it to be nationalized under bogus "national security" claims. The better choice is to build in Mexico for distribution across Central America, and just lease the cars to US buyers via NAFTA.
@hydrohasspoken6227
@hydrohasspoken6227 Ай бұрын
Is it hard to quickly cook up a new law to amend the loophole?
@hindhtvaterrorism4559
@hindhtvaterrorism4559 Ай бұрын
Volvo is a European brand , that still operates out of Sweden , with its headquarters being operated and registered there.
@martinwilby8942
@martinwilby8942 Ай бұрын
funny at the end when the dog bows with the women
@ranjusranjus143
@ranjusranjus143 Ай бұрын
Bearing the evi intentions of the USA gvt towards the Chinese people, I see no reason why they shouldn't legally seal such loophole s
@HappyPandaBear73
@HappyPandaBear73 Ай бұрын
Fascinating!👍🙂
@chickaboomboom2726
@chickaboomboom2726 Ай бұрын
Tesla is made in china too
@rosetzu_nagasawa
@rosetzu_nagasawa Ай бұрын
please take this down BEFORE US govt wakes up....let sleeping dogs lie
@Waingro808
@Waingro808 Ай бұрын
This Volvo got 'delayed' due to the 100% tariff announcement and will probably never come to US now.
@loungelizard836
@loungelizard836 Ай бұрын
It doesn't work that way. (I wish it did.) The LEASING company gets the tax credit ($7500). You can't buy out the lease immediately. Also, you can only get the Tax Credit if you actually owe $7500 in taxes. This means that many people can't get the credit, and many more won't get the full credit.
@evilryutaropro
@evilryutaropro Ай бұрын
A lot of western EV’s use CATL batteries
@taiwanstillisntacountry
@taiwanstillisntacountry Ай бұрын
Volvo, owned by Geely, 100% Chinese company. Better buy a Zeekr-X. Also Chinese owned. 😂😂😂😂😂😂😂😂😂
@fannyalbi9040
@fannyalbi9040 Ай бұрын
no matter what corner united snakes sneak, it cornered
@fannyalbi9040
@fannyalbi9040 Ай бұрын
no matter where united snakes slither, it is cornered
@TheKkpop1
@TheKkpop1 Ай бұрын
US allows Japan, Germany and SK to build cars in 🇺🇲 long ago. Will it allow Chinese automakers to manufacture car in 🇺🇲?
@chaoskid1211
@chaoskid1211 Ай бұрын
Lol. Good luck finding a dealer with parta😂
@isaacisaac2380
@isaacisaac2380 Ай бұрын
Tesla emileage is over 300 which is now the standard minimum. Any battery less than 300 is just not enough. Everyone is moving on to 400+ and beyond.
@thedualtransition6070
@thedualtransition6070 9 күн бұрын
Geely is moving the production of the EX30 to Belgium to escape the US China EV tariffs, which has delayed its release to 2025. So it wont be Chinese-made, it will be made by Europeans working for a Chinese company.
@bobofei3
@bobofei3 Ай бұрын
The new ex30 launch is delayed due to new tariffs 😢
@where_is_bob
@where_is_bob Ай бұрын
One funny fact, despite volve's big brand, the so called ''less expensive'' price and all the other good reviews about this EV for the US customers, the sales in China of Volve EV is almost 0. Because in the Chinese EV market, Volve EV is way over priced with average performance compared to other EV models made by other Chinese manafacturers
@shauny2285
@shauny2285 Ай бұрын
How's Volvo quality compared to its Japanese competitors? If it matches Toyots's quality, then that's a good thing.
@remix-yy1hs
@remix-yy1hs Ай бұрын
It's better
@davidford3073
@davidford3073 Ай бұрын
Tip is to buy Chrysler out😮😊
@512Berlinetta
@512Berlinetta Ай бұрын
Well done, Volvo and China......
@haiyanhutchison1822
@haiyanhutchison1822 Ай бұрын
Lovely dog!
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