How Chinese EVs Are Taking Over Mexico

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  • Опубликовано: 13 апр 2025
  • Mexico has quickly become a major market for Chinese auto makers. Last year, China was the leading car supplier to Mexico, exporting $4.6 billion worth of vehicles. Some Chinese electric vehicle makers - including Tesla-rival BYD - have been looking for a further foothold in North America by exploring factory sites in Mexican states Durango, Jalisco, and Nuevo Leon. For Mexico, the foreign investment is an economic boost and some local governments have offered incentives to Chinese companies exploring factory options. But U.S. officials worry this could be a part of a larger strategy from Chinese auto makers to skirt trade restrictions and enter the American market. Experts say this leaves Mexico in a difficult position of maintaining its crucial relationship with the U.S. without being overly friendly to Chinese investment. Now at the center of a trade war between two major powers, how has Mexico quietly become a hot spot for Chinese EV companies and will the country become a “backdoor” for these cars to drive into the U.S.?
    Chapters:
    1:32 How Chinese EVs are taking over Mexico
    1:36 Chapter 1 - China’s entry to emerging markets
    5:12 Chapter 2 - Mexico’s auto paradise
    8:30 Chapter 3 - Highway to the future
    Produced by: Merritt Enright
    Edited by: Evan Lee Miller
    Animation: Christina Locopo, Jason Reginato
    Supervising Producer: Jeniece Pettitt
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    How Chinese EVs Are Taking Over Mexico
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Комментарии • 6 тыс.

  • @sigma9326
    @sigma9326 7 месяцев назад +2352

    It’s not the U.S. consumer that’s nervous. It’s the U.S. automotive industry that has been gouging the hell out of us that’s nervous.

    • @jab376
      @jab376 7 месяцев назад +123

      Correct. Car industry is vicious. Overcharging U.S consumers like crazy.

    • @yogoombah2356
      @yogoombah2356 7 месяцев назад +28

      They have to pay auto union workers somehow, they'll be the first to suffer because of cheap slave labor in Mexico.

    • @pablostraub
      @pablostraub 7 месяцев назад

      Calling Mexican laborers "slave" is a racist, ignorant comment.

    • @wetzinalvarado6930
      @wetzinalvarado6930 7 месяцев назад

      And im 100% they will push the government in order to ban chinese brands even in mexico, they did it with Huawei

    • @thefazzayn
      @thefazzayn 7 месяцев назад +98

      ​@@yogoombah2356 nothing to do with the auto union, your dealership does price gouging for popular models up to 30% of recommended retail price. You think that's fair?

  • @Ray-e7u
    @Ray-e7u 8 месяцев назад +4428

    Toyota Corolla in China: $11K
    Toyota Corolla in U.S.: $30K
    TBH our auto manufacturers are getting too comfortable

    • @tedwong7037
      @tedwong7037 8 месяцев назад

      still nobody wants a 11K corolla anymore in China so the sales declined drastically

    • @ka0s-j1g
      @ka0s-j1g 8 месяцев назад +201

      Thats why u buy it online then haveit shipped over here and then resell it to carmax for 25k. Easy 15gs made

    • @Kalinga_3
      @Kalinga_3 8 месяцев назад +135

      Quality differs. They use cheap plastic, bad safety features in Chinese models.
      Also many are manufactured in China so less transportation cost

    • @metaphor4439
      @metaphor4439 8 месяцев назад

      ⁠source: out of my ass

    • @DVAP7
      @DVAP7 8 месяцев назад +211

      @@ka0s-j1gimport tax

  • @-noname-6730
    @-noname-6730 6 месяцев назад +1162

    Chinese can choose between Apple and Huawei, Americans cannot choose between Tesla and BYD. Welcome to "Free market"

    • @konradkarlovich5801
      @konradkarlovich5801 6 месяцев назад

      flea market

    • @a.c.godakumbura1337
      @a.c.godakumbura1337 6 месяцев назад +53

      Good point..

    • @theq1621
      @theq1621 6 месяцев назад +42

      American can choose between Instagram and Tiktok or between Amazon and Temu, Chinese cannot choose between Google and Baidu. Welcome to “Free market”. It goes both ways.

    • @AKDHFR
      @AKDHFR 6 месяцев назад

      ​@@theq1621 they can use instagram and twitter tho where did you get that? you need vpn to use it, the reason google is not used because they were never really that popular to begin with there. if you wanna ask which app they ban it would be facebook.

    • @土馒头
      @土馒头 6 месяцев назад +87

      @@theq1621TikTok will be banned in USA😂😂😂

  • @salmankhan11134
    @salmankhan11134 7 месяцев назад +510

    Why America is crying over China success??

    • @antihypocrisy8978
      @antihypocrisy8978 5 месяцев назад +56

      Because the US debt bubble will pop if USD is no longer the defacto reserve currency (aka US is no longer the largest economy).

    • @hangonsapto2338
      @hangonsapto2338 5 месяцев назад +11

      ​@@antihypocrisy8978 Long live Lithium, to replaced dollar!

    • @adolfoeliottmateossesento3680
      @adolfoeliottmateossesento3680 5 месяцев назад +13

      skill issue

    • @zabdieltapia6553
      @zabdieltapia6553 5 месяцев назад +28

      The US doesn't like competition

    • @alexanderrodriguez5872
      @alexanderrodriguez5872 5 месяцев назад

      Because USA economy is just a bubble and can break any time! And we can’t wait.

  • @jonathanpowell9979
    @jonathanpowell9979 8 месяцев назад +4039

    US moves car factories to Mexico that's fine, but China does the same and people freak out. I want the cheaper cars

    • @warpet2011
      @warpet2011 8 месяцев назад +50

      You have no idea how cheap they really are, go ahead, buy one and see,

    • @tooltalk
      @tooltalk 8 месяцев назад +45

      move to Mexico.

    • @francismarion6400
      @francismarion6400 8 месяцев назад +38

      move to China.

    • @hpw-ws6bj
      @hpw-ws6bj 8 месяцев назад +8

      ​@@francismarion6400go back to Europe

    • @Bookworm214-y3d
      @Bookworm214-y3d 8 месяцев назад +288

      I have one, they are fantastic, I own 3 cars and 2 are American... The BYD is easily the funnest to drive

  • @pablolamont1899
    @pablolamont1899 8 месяцев назад +1189

    I'm from Mexico, bought a Byd SUV, same equipment that my previous X5 at half the price, uses half the gasoline and haven't had any issues with the car itself, great buy. Cheers!

    • @andrewsackey5728
      @andrewsackey5728 7 месяцев назад +8

      Wow, Which model

    • @pablolamont1899
      @pablolamont1899 7 месяцев назад +46

      Song Plus

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад +16

      Slava TEQUILA 🥃 Heroyam Burritos 🌯

    • @TruthTeller8888
      @TruthTeller8888 7 месяцев назад +15

      Half gasoline 😂😂😂 … many Chinese cars are eating dust here in Puerto Vallarta..😂

    • @DeTny-vj9nm
      @DeTny-vj9nm 7 месяцев назад +108

      ​@@TruthTeller8888 Eating dust?
      You must be putting US gasoline😂
      My BYD is better than the $60,000 Tesla my cousin has in Los Angeles, CA.

  • @gibalves85
    @gibalves85 7 месяцев назад +1164

    In Brazil, we don't have a national car brand; instead, our market is dominated by American, European, Japanese, and Korean brands. Chinese automakers entered the scene in the early 2000s, but their cars were of such poor quality at the time that they were widely ridiculed. In 2020, Ford closed its factory in Brazil and shifted to importing cars from Mexico and the U.S.
    However, things took a turn when BYD entered the market. The Brazilian government requires car manufacturers to establish local factories if they want to sell vehicles here. Seizing this opportunity, BYD purchased the Ford factory that had been closed and began selling their cars, which are packed with advanced technology, at very competitive prices. This move caused other car companies to start lowering their prices as well.
    For us, this has been a great development. BYD offers a wide range of models that are not only affordable but also of high quality. The increased competition has led to better prices and more choices for Brazilian consumers.

    • @ChinaSongsCollection
      @ChinaSongsCollection 7 месяцев назад +82

      Win win 👍👍

    • @aaroncruz9181
      @aaroncruz9181 7 месяцев назад +14

      The Gaokao student can work now.

    • @jtt2512
      @jtt2512 7 месяцев назад +77

      Competition is always good for consumers. The overcapacity is just other excuses for failure to compete.

    • @雷霆雨露皆是君恩
      @雷霆雨露皆是君恩 7 месяцев назад +30

      好样的兄弟

    • @larrysmith2123
      @larrysmith2123 7 месяцев назад +1

      data on safety?

  • @sofiapacheco3393
    @sofiapacheco3393 7 месяцев назад +100

    The tables are turning and fast. it seems to me that we will have to go to south of the border to afford a car ...Mexico is the new golden country

  • @bobbob-gi1yp
    @bobbob-gi1yp 8 месяцев назад +2810

    Competition is a good thing, the American auto makers just want a monopoly on expensive meh vehicles

    • @disdoncable
      @disdoncable 8 месяцев назад +50

      Agreed! And now the American expensive meh vehicles have competition from Chinese cunningly-priced crap vehicles.
      So yes, this will bring down prices significantly of the American expensive meh vehicles....and that price reduction is the only good thing to come out of all of this.

    • @xicano1922
      @xicano1922 8 месяцев назад +19

      Competition is good, but not when you have a country backing you up with an infinite amount of money. Imagine owning a company that manufactures cars at loss but evade Chapter 7? that's the ccp competition

    • @slammerw3
      @slammerw3 8 месяцев назад +85

      @@disdoncableI was in Shanghai. The local brands are ahead of most western brands. Avatr and Aito have high technology, comfortable and good prices.

    • @raymonddon8875
      @raymonddon8875 8 месяцев назад +34

      we love, need & hope for chinese BYD's... at $9K per car - major game changer!!!!

    • @sammavitae114
      @sammavitae114 8 месяцев назад +22

      ​@@xicano1922Do you mean that when the Chinese government picks industries to succeed they can beat a country where the government is not involved and doesn't guide future industrial policies. That can't be right. Is it?

  • @DSiri0039
    @DSiri0039 8 месяцев назад +1812

    As a consumer that is not interested in using EVs, at least not yet. These cheap chinese vehicles has caused other brands (here in Thailand) such as toyota, mitsubishi etc. to drop their RRP which is good for all. So I am all for it. Competition is good for us consumers!

    • @IA100KPDT
      @IA100KPDT 8 месяцев назад +93

      just get the byd hybrid with a range of 2000km.😎

    • @mingouczjcz3800
      @mingouczjcz3800 8 месяцев назад +83

      Yeah, after dropping rrp, consumers spend the saved money on other economic sectors, which boosts the whole national economy.

    • @TheBooban
      @TheBooban 8 месяцев назад

      @@mingouczjcz3800they spend it on more Chinese imports threatening any factories and jobs in Thailand.

    • @Jonathan.D
      @Jonathan.D 8 месяцев назад +14

      That sounds great until people start doing research on how poorly the cars are made. They are not just poorly made. They are dangerous. On average eight of them a day burst into flames due to faulty batteries. Truck loads of them burn before even being delivered. Entire dealerships have gone up in flames due to these cars. The mfg can also do things like lock the owners out of their cars and worse. They also collect all personal data including video and audio. After doing a lot of research I can say with confidence that anyone who buys these cheap cars will not get what they paid for.
      I am very disappointed by this because their cars look really cool and have a lot of features. Unfortunately those features are often not quality made. Everything else from there is synonymous with cheap junk that does not last or is not as offered. So why would it be any different with their cars. Their own people are waking up to the fact that they are not worth owning. Why buy a car that puts the owners personal safety at great risk. Driving is dangerous enough.

    • @IA100KPDT
      @IA100KPDT 8 месяцев назад +106

      @@Jonathan.D did you read this? In September, Hyundai and Kia issued a recall of 3.4 million vehicles in the United States with an ominous warning: The vehicles should be parked outdoors and away from buildings because they risked catching fire, with the engines on or off.

  • @jasonjean2901
    @jasonjean2901 7 месяцев назад +1448

    This "overcapacity" narrative is ridiculous. China exports 10% of its EV production. The U.S. exports 25% of its automotive production, Japan exports 50%, and Germany exports 80%. But somehow China needs to be singled out for "overcapacity". The fact that the U.S. government and media doesn't even make sense anymore is telling.

    • @charybdis8113
      @charybdis8113 7 месяцев назад +11

      How many EVs in that 10%?

    • @zeissiez
      @zeissiez 7 месяцев назад +100

      @@TruthTeller8888
      Which specific part of the stats is incorrect?

    • @D_2_M
      @D_2_M 7 месяцев назад +109

      Lol double standards only for sore losers.

    • @KayyHong
      @KayyHong 7 месяцев назад +30

      @@TruthTeller8888 --- is that a legitimate argument or just old fashioned hogwash?

    • @opp2218
      @opp2218 7 месяцев назад

      What About 10 percent of 1.2 billion of Chinese population vs 80 percent of 10 million German population.

  • @10jetstorm
    @10jetstorm 7 месяцев назад +104

    BYD is nowadays the best EV manufacturer in the world 🌍

  • @danl7442
    @danl7442 7 месяцев назад +414

    The only threat is to American car manufacturers is that they won't be able to price gouge anymore

    • @stickynorth
      @stickynorth 7 месяцев назад +16

      Yup. They want $20K MARGINS! We want $20K CARS!

    • @VLuee
      @VLuee 7 месяцев назад +1

      No more

  • @raymonddon8875
    @raymonddon8875 8 месяцев назад +1601

    im a poor yankee living at the states... BYD please come to USA. we cant afford $55K for a car, chinese BYD cars at $9K will save me and my family - big time!

    • @warpet2011
      @warpet2011 8 месяцев назад +45

      They are absolute junk vehicles.

    • @cellobuddy251
      @cellobuddy251 8 месяцев назад +359

      @@warpet2011so are Tesla’s tbh so may as well buy the $9k junk

    • @lppoqql
      @lppoqql 8 месяцев назад +334

      @@warpet2011 BYD make great cars, why are you so angry?

    • @raymonddon8875
      @raymonddon8875 8 месяцев назад +213

      @@warpet2011 why does brazil give them such high reviews then?

    • @MacrosFTW
      @MacrosFTW 8 месяцев назад +80

      ​@@warpet2011CNBC should make a video about all the developing countries that are consuming the Chinese EVs to get their opinions.

  • @jameshack485
    @jameshack485 7 месяцев назад +1260

    Americans always criticize China about subsidizing industries. So the $7500 tax credit to buy an American EV is not a subsidy? Or the billions in grants to build battery plants in America? America is just not competitive

    • @leahp1765
      @leahp1765 7 месяцев назад +10

      Again American jobs workers are protected are you going to hire them?

    • @D_2_M
      @D_2_M 7 месяцев назад +106

      ​@@leahp1765 protects from what???? if the company that hires them sells expensive car that no one could afford???

    • @leahp1765
      @leahp1765 7 месяцев назад +2

      @@D_2_M Hon buy use cars they exist and are like less then $10000 some are even $3800 I know so cheap..you just love complaining

    • @lewismay5909
      @lewismay5909 7 месяцев назад +49

      @@leahp1765 What if I want something new. And why should I pay 50k for the same car costs around 20k in China.

    • @kjhkkgkgu
      @kjhkkgkgu 7 месяцев назад +2

      @@D_2_M what are you talking about ? if no one could affard, why the total Sales volume of the US market is still rising.

  • @TomSimba
    @TomSimba 7 месяцев назад +75

    Can you blame the Chinese for coming up with a better and more affordable product?

    • @sis-l1i
      @sis-l1i 6 месяцев назад

      If we buy products that are copied and plagiarized like China, then eventually no one outside of China will dream of technological development and advancement.

    •  2 месяца назад

      Can’t blame me for getting a $21k car either. I’m already saving up on all the gas I used to get weekly.

  • @Rockrockyrockrock
    @Rockrockyrockrock 8 месяцев назад +2079

    lol can you imagine the capitalist world crying cause they can’t compete? Crazy.

    • @oguzkaanklc2014
      @oguzkaanklc2014 8 месяцев назад +44

      😂😂😂😂😂en iyi yorumdu bu

    • @okwatever3582
      @okwatever3582 8 месяцев назад +71

      Underrated comment

    • @knoraziel
      @knoraziel 7 месяцев назад +39

      👏 you nailed it

    • @ivand0007
      @ivand0007 7 месяцев назад +1

      Clown

    • @SemekiIzuio
      @SemekiIzuio 7 месяцев назад +28

      Its their fault for devaluing Mwxico when these past few years Mexico has been slowly growing and becoming developed with their own resources staying in their own country and selling it to other countries. They should have gotten on board in making deals.

  • @saliferousstudios
    @saliferousstudios 8 месяцев назад +1849

    Just build a cheap car. Jesus. This isn't rocket science people. I REFUSE to believe that you cannot sell a car for less than 50k new.

    • @badbad-cat
      @badbad-cat 8 месяцев назад +291

      They want to keep milking consumers 🐄🥛

    • @oguzkaanklc2014
      @oguzkaanklc2014 8 месяцев назад +12

      Mesele sadece ucuzluk meselesi değil ucuz ve kaliteli mal meselesi.

    • @SifisoMoabj
      @SifisoMoabj 8 месяцев назад

      The funniest thing is, they claim to be the leaders of innovation... But they cannot even figure out how to reduce the price of the cars using innovative solutions.
      Researching new materials, boosting advanced manufacturing & AI, etc etc
      It's beyond them...
      Instead, they will try to discredit China by claiming China is able to reduce the price because of subsidies...
      Not innovation, not automation, not advanced manufacturing, not dominating the entire supply chain.
      Only subsidies.... Hilarious

    • @okwatever3582
      @okwatever3582 8 месяцев назад +69

      Just the big monopolies that lobbies for more dominance and control over the American market .

    • @LisaTao
      @LisaTao 7 месяцев назад +107

      When there’s no competition, no reason for them to lower prices

  • @makauonesmus7357
    @makauonesmus7357 8 месяцев назад +1200

    If America can't compete just shut up and stop the nonsense of government subsidies as if USA ain't giving massive subsidies to their companies.

    • @zylbygdfn6542
      @zylbygdfn6542 8 месяцев назад +128

      Exactly…they keep mentioning how the Chinese government is subsidizing while they are also doing the same thing

    • @jojo-ep2pp
      @jojo-ep2pp 8 месяцев назад +81

      Americans bite their fingers watching other countries drive cheap and high-end cars from Zeeker, BYD, Xiaomi, Huawei, Geely..etc

    • @covertpuppytwo3857
      @covertpuppytwo3857 8 месяцев назад

      The one doing all the whinning and crying ... that would be China! How about China ... just shut up already and move on. Karma is catching up to you.

    • @tomtube1012
      @tomtube1012 7 месяцев назад +48

      They're the king of subsidies.
      Article Title : "The Real Cost of the Inflation Reduction Act Subsidies: $1.2 Trillion"

    • @peterii3512
      @peterii3512 7 месяцев назад +55

      How many times has Boeing been bailed out?

  • @hi9580
    @hi9580 7 месяцев назад +85

    1. Don't allow cheap vehicles into USA, cite poor safety, privacy issues, national security threat, low quality.
    2. Ban cars, only sell $100k+ SUVs and pickup trucks, increase price by $10-20k every year.
    3. Profit.

    • @David-p9y9c
      @David-p9y9c 3 месяца назад +4

      It’s corporate greed, they can go bankrupt, I’m not worried.

  • @veildell6318
    @veildell6318 7 месяцев назад +320

    It is so hard for American media to agree that Mexican are not stupid and they choose the best cars for themselves.

    • @chocolatesquirrel2002
      @chocolatesquirrel2002 7 месяцев назад

      Hu, is hard to agree they arent stupid ?

    • @jorgesalazar818
      @jorgesalazar818 7 месяцев назад

      They will learn soon enough on the consequences of allowing China into the country. Just ask African countries how well that's worked for them.

    • @r.n.9633
      @r.n.9633 7 месяцев назад

      @@jorgesalazar818 Sorry, but China is the future.

    • @rolandgrz1975
      @rolandgrz1975 7 месяцев назад +45

      😂😂 son how many countries has china bombed or invaded . Your funny amigo​@jorgesalazar818

    • @dago9404
      @dago9404 7 месяцев назад +23

      ​@@jorgesalazar818Whos they u pocho??😂😂

  • @hectorcardenas2171
    @hectorcardenas2171 7 месяцев назад +324

    I’m Mexican. Damn right! I was living legally in the US last year, I returned home to Mexico and suddenly I see many, many Chinese EV cars here in Mexico.

    • @hectorcardenas2171
      @hectorcardenas2171 7 месяцев назад +69

      @edab2490 I’ve test driven the BYD here in Mexico, Myself coming from the US market, trust me I was surprised! BYD cars feel high quality, good materials and solid construction. Now I see both sides of the coin, US quality and modern Chinese quality (BYD).

    • @AltimaNEO
      @AltimaNEO 7 месяцев назад +26

      @edab2490 Thats the thing, when it comes to cars, they learned from American companies like GM, who tried to enter the Chinese market and had to teach them all that stuff. They took that seriously. I mean BYD used to make Tesla's batteries. From a lot of reviews, and even European crash test data, BYD makes some pretty damned nice, safe cars.

    • @alonsorodal6250
      @alonsorodal6250 7 месяцев назад +33

      I don’t think anyone cares if you were living legally in the US

    • @josesanchez-yc9ee
      @josesanchez-yc9ee 7 месяцев назад

      ​@@alonsorodal6250😅😅

    • @swthihi
      @swthihi 7 месяцев назад +24

      If he is not, we’d be hearing go back to Mexico.

  • @bldomain
    @bldomain 7 месяцев назад +376

    CNBC always used subtle negative words on Chinese EVs but I am glad the majority of the comments here disagree. China is not scare of competition. If you go to China , you can see so many US, European, Japanese and Koreans products there.The Chinese sees it as a good incentive to compete and this benefit China. I am disappointed that the Americans are scare of competition especially from China. Their companies need protection from their government. I can hear chickens sounds already.

    • @Zarozian
      @Zarozian 7 месяцев назад +23

      Their pride has caused their downfall

    • @tl1533
      @tl1533 7 месяцев назад

      No. I say blocking them from coming to US. They will destroy US car industry. Block them. You can't compete with government subsidized manufactures.

    • @hasanjamil3969
      @hasanjamil3969 7 месяцев назад +7

      Not to mention all the subsidies and bailouts US automakers get from the govt

    • @jogana6909
      @jogana6909 7 месяцев назад +9

      As an old capitalist country, US enterprises are incredibly afraid of competition.

    • @AmethystMuse752
      @AmethystMuse752 7 месяцев назад

      The Communist Chinese are more free market friendly than the hyper capitalist United States. Pathetic.

  • @davidhughes4527
    @davidhughes4527 7 месяцев назад +451

    Yeah. China's 'overcapacity' is hurting the US, and Europe. I want to know WHY the 'overcapacity' issue NEVER came up when the US and European cars are exported all over the world? Obviously all the cars produced in the US and EU cannot be sold in their respective countries and had to be offloaded in the overseas market. But you don't hear those countries cried 'overcapacity'!

    • @MacrosFTW
      @MacrosFTW 7 месяцев назад +24

      I live in California and I would love overcapacity of Chinese Solar, batteries, EVs.
      Everything is more expensive here with the tariffs put on Chinese renewable technology.

    • @leahp1765
      @leahp1765 7 месяцев назад +1

      Because less people in America and Europe

    • @tooltalk
      @tooltalk 7 месяцев назад

      That's simple. Most cars in China are made locally in China -- all automakers, bar Tesla, were forced to form a joint venture with a local competitor so China can share profit and force transfer IP to Chinese companies. Just go look up EU's WTO complaint DS549 filed in 2018.

    • @tooltalk
      @tooltalk 7 месяцев назад +3

      it's just that you never paid any attention to this. the CCP's market manipulation and domination was well known from the EU's dealing with China in solar panel business. No surprise that China employed the same modus operandi.

    • @ZakiHaider-y9o
      @ZakiHaider-y9o 7 месяцев назад +11

      ​@@tooltalk source?? Proof ???

  • @Chicago_jake
    @Chicago_jake 8 месяцев назад +655

    Those cars are affordable, and could really help some struggling families out here in this country.

    • @deanstyles2567
      @deanstyles2567 8 месяцев назад +10

      How many struggling families can afford a brand new car?

    • @RomanticPopPunk
      @RomanticPopPunk 8 месяцев назад +22

      How hard is it to finance a $10K car?

    • @Chicago_jake
      @Chicago_jake 8 месяцев назад +63

      @@deanstyles2567 my point is there’s no affordable options for low income earners anymore

    • @ka0s-j1g
      @ka0s-j1g 8 месяцев назад +2

      ​@@Chicago_jakeis it my fault?

    • @MrMingsyin
      @MrMingsyin 8 месяцев назад +17

      @@ka0s-j1g who are you then?

  • @rodrigos2492
    @rodrigos2492 7 месяцев назад +199

    As a Mexican consumer, imagine 3-4 years ago seeing prices rise +25/30% from one year to the other for Japanese, US American, and European cars. Then come the Chinese cars with -20/25% in cost, with very stylish modern looks and with well-equipped cars (technology wise) compared to the basic crappy versions of the other automakers. Then right after suffering a big economic hit form pandemic, it was natural to consider a Chinese car despite worrying about quality or spare parts supply chain (who's buying a Ford subcompact when you can have a nice MG sedan). Regarding EVs, the BYD is not only less expensive than a Tesla, but is also better looking (Tesla's looks are outdated) and very good technology. A good product at a reasonable price, as a consumer is a no brainer. Every country uses subsidies, US is just trying to protect their foothold in the market and attacking propagandistically China is part of the strategy... maybe its just buying time for GM, Ford and Stellantis to get their thing together, catch up to Chinese and put a good freaking product at a reasonable price.

    • @gianmariamalmesi4133
      @gianmariamalmesi4133 7 месяцев назад +1

      Imagine 3-4 years from now when that Chinese crap is gonna start breaking and fulanito around the corner is not able to repair it because there's no supply of parts, you'll find out that it would have been more convenient to buy a FORD, NISSAN, TOYOTA or VW than a BYD

    • @Caxacate
      @Caxacate 7 месяцев назад +25

      @@gianmariamalmesi4133 do you really think chinese cars won't be present all over the country in 4-5 years?

    • @Ricklard478
      @Ricklard478 7 месяцев назад +12

      @@gianmariamalmesi4133 holy cope.

    • @gianmariamalmesi4133
      @gianmariamalmesi4133 7 месяцев назад

      @@Caxacate they will be because the Mexican car market is oriented to cheap products but this doesn't mean they are delivering a good product. China is dumping its overproduction all over the world; the difference between Mexico and USA/Europe is that there's no barriers in play from lawmakers

    • @anluirodriguezcarreon998
      @anluirodriguezcarreon998 7 месяцев назад +27

      ​@@gianmariamalmesi4133cheap propaganda, I bought an MG 3 years ago, my neighbors bought a Ford like two months after me. I can't remember now how many times my neighbors have taken his Ford to the shop. I've never have any issues with my MG

  • @TRACTOOOOOOOOOR
    @TRACTOOOOOOOOOR 2 месяца назад +6

    A new BYD showroom was built close to where I live. They built the showroom in 3 weeks. Can't wait for the competition to lower prices.

  • @darkmatter5424
    @darkmatter5424 8 месяцев назад +1287

    Whatever happened to America's undying love for the free market? Is that only applicable when it suits them? 😅

    • @doujinflip
      @doujinflip 8 месяцев назад

      The free market concept breaks down when competition gets acquired/litigated/bankrupted out of the market. That's what China banks on as it subsidizes its champions to loss-leading prices.

    • @misterfunnybones
      @misterfunnybones 8 месяцев назад +136

      It's never been a free market. Subsidy & lobbying go hand in hand. Billionaires are a policy choice.

    • @露透社
      @露透社 8 месяцев назад

      或许美国现在的政客用来学习的教科书是盗版😂

    • @Admiral-General_Aladeen
      @Admiral-General_Aladeen 8 месяцев назад +46

      It was never really a free market. The US always had subsidies for it's industries and China had even more subsidies and high import tariffs when the US had none

    • @hehe-mq2bk
      @hehe-mq2bk 8 месяцев назад +15

      @@Admiral-General_Aladeen lies

  • @stevenrafa1
    @stevenrafa1 8 месяцев назад +432

    As a Canadian, I will buy my first BYD car this week.

    • @kelanzhi7269
      @kelanzhi7269 8 месяцев назад +14

      where? In Canada?

    • @selenium-es7hl
      @selenium-es7hl 8 месяцев назад +16

      Please tell me how they drive, I want to know.

    • @ericyuan9718
      @ericyuan9718 8 месяцев назад +6

      Tell me how.

    • @kuebby
      @kuebby 8 месяцев назад +6

      I hope you've done your research, everything I've heard is the quality is terrible and you're lucky if it doesn't burst into flames.

    • @captives6479
      @captives6479 8 месяцев назад +6

      BYD only sells public transit buses in Canada now.

  • @Kurumi_6_10th
    @Kurumi_6_10th 7 месяцев назад +501

    Americans crying on the comments because they are jealous and afraid of competition 🤣🤣
    Chinese cars welcome to Mexico! 🇲🇽🤝🇨🇳

    • @MrGercela64
      @MrGercela64 7 месяцев назад +38

      Chinese cars are the future.

    • @alankennedy3747
      @alankennedy3747 7 месяцев назад +35

      Same as the European car makers. They're crying because they can't rip us off anymore with average built cars. You go China. I love my MG5 EV.

    • @shutinalley
      @shutinalley 7 месяцев назад +21

      Not this american. I've been waiting for this for........30 years.

    • @stumboguy
      @stumboguy 7 месяцев назад +10

      Not the Americans- the big union, overpriced auto makers. The average American knows that overregulation, taxes at every step, and union wages are keeping us from being competitive.

    • @MrGercela64
      @MrGercela64 7 месяцев назад +8

      Chinese cars are a trend.

  • @AdrianGarciaMusic
    @AdrianGarciaMusic 4 месяца назад +8

    America loves the free market until the free market doesn’t benefit them 😂

    • @malmn
      @malmn 16 дней назад

      100%. Americans always think everyone needs to play by their rules. What a bunch of arrotang a-holes. Americans are going to pay dearly for their out of control hubris.

  • @Phil-p6k
    @Phil-p6k 7 месяцев назад +567

    Dear Americans, your government doesn't want you to have nice things at an affordable price.

    • @swiftuiforever
      @swiftuiforever 7 месяцев назад +16

      We already have good things here. Don’t need Chinese junk.

    • @nostradamus9608
      @nostradamus9608 7 месяцев назад +6

      Yup! According to chinese, russian and other "friendly" trollZ. lol

    • @ZakiHaider-y9o
      @ZakiHaider-y9o 7 месяцев назад

      @@nostradamus9608 wrong wrong wrong
      CHINA WAS CREATED 20000 YEARS AGO. IT'S THE OLDEST CIVILISATION ON THE PLANET .
      USA JOBS DIDN'T GO ANYWHERE . USA IS A TOTALITARIAN REGIME
      FIRST CLOSE USA MILITARY BASES IN OTHER NATIONS THEN TALK .
      Whether Taiwan is an independent country
      or not is already settled With UN resolution
      2758! In 1979, 2758 ruled that PRC
      mainland China is the only legitimate
      representative of China As of now 2758
      still valid and the only one that counts! It
      has more than 1 80 countries J support
      superseding any other treaties documents
      & agreements! When 180+ countries speak, J
      it is final: Taiwan belongs to PRC mainland
      China. Abide by it!
      If you or KMT/DDP can't accept 2758, leave
      Taiwan & exile to other countries! You can
      even exile to the moon, nobody will miss
      you.
      It is PRC mainland China's Taiwan, not
      Taiwanese/KMT/DDP's Taiwan!

    • @ZakiHaider-y9o
      @ZakiHaider-y9o 7 месяцев назад +37

      @@nostradamus9608 yeah as an American in arizona . I am ok with china

    • @2005VolksWagenbeetle
      @2005VolksWagenbeetle 7 месяцев назад +11

      Give us Mexicans good and cheap cars

  • @trevorjohnston777
    @trevorjohnston777 7 месяцев назад +38

    "The Chinese want to get into the US Market, because there is money in the US Market" - Wow, genius level commentary by that guy.

  • @yonghuachen7075
    @yonghuachen7075 7 месяцев назад +130

    US: I can not compete with the Chinese, I have to push them off the US border

    • @deeznutz5825
      @deeznutz5825 7 месяцев назад

      That's the wild part, the US already has good affordable electric and hybrid vehicles, the manufacturers just choose not to make them as the unit cost is lower.

    • @mutkaluikkunen3926
      @mutkaluikkunen3926 3 месяца назад

      China: Let's steal the IP from the west and start shamelessly copying their tech. All the while using huge government subsidies to artificially keep the prices low. Back in a day I though Chinese had some self respect and honor, but they're nothing but cheap stealing con artists.

  • @Rod-f6m
    @Rod-f6m 2 месяца назад +7

    Mexican here Id rather buy a chinese car if it means im not fueling the hate engine of the current us market.

  • @syu9281
    @syu9281 7 месяцев назад +295

    Other countries have set up plants in Mexico. China does the same and suddenly it is a problem?
    Most car manufacturers have factories in China, but when China open factories in Mexico, and it is a threat?
    Also, this isn’t about China over-capacity. If it is, then China doesn’t have to build new factories outside of its borders.

    • @Roberto-l3y
      @Roberto-l3y 7 месяцев назад +3

      Por que seria una amenaza?????

    • @blindmelon3420
      @blindmelon3420 7 месяцев назад

      ​@@Roberto-l3y bien sencillo, porque si china pasa sus carros de 11k a Estados Unidos que vende sus carros en promedio a 55k les va a ir mal a las compañías gringas. Yo trabajé en una empresa en Monterrey que vendía sus piezas que fabricaba a $10 y luego vino una empresa china que empezó a vender piezas iguales en menos de $5 y pues todos les empezaron a comprar a los chinos. La bronca es que la compañía de Monterrey podía bajar sus precios a esa misma cantidad o menos y aún así les quedaba suficiente ganancia, pero no envés de buscar darle competencia a los chinos se la pasaban nomás chille y chille y quejándose de los chinos. Y eso es exactamente lo que les pasa a las compañías gringas. Si los chinos se meten, en vez de hacer competencia y bajar sus precios nomás van a estar chille y chille y quejese y quejese porque no quieren ganar menos de lo que ya están acostumbrados y es por eso que para ellos los chinos son una amenaza.

    • @gregoriokafka
      @gregoriokafka 7 месяцев назад

      Because other manufacturers come from Vassal States of the USA. China is a real competitor and a threat to USA World hegemony. Simple as that.

    • @JavierHerrera-od4ti
      @JavierHerrera-od4ti 7 месяцев назад +14

      This is a very good point, many other countries "over-produce" and sell abroad, why is this a problem now?

    • @goner4150
      @goner4150 7 месяцев назад +3

      exactly, VW has been in Puebla, MX for ages

  • @mauricioparamo5731
    @mauricioparamo5731 8 месяцев назад +925

    Communists out-capitalizing the capitalists.

    • @tooltalk
      @tooltalk 8 месяцев назад +20

      it's called neo-mercantailism..

    • @Omniback20
      @Omniback20 8 месяцев назад +125

      ​@@tooltalk Mercantilism is still capitalist. You don't think the US subsidizes ford and gm?

    • @francismarion6400
      @francismarion6400 8 месяцев назад

      not exactly. The CCP is funding these car companies.

    • @francismarion6400
      @francismarion6400 8 месяцев назад +9

      ​@Omniback20 The Soviet Union produced and sold weapons and that wasn't Capitalism.

    • @hpw-ws6bj
      @hpw-ws6bj 8 месяцев назад

      Fake capitalists.

  • @supernovaHZ
    @supernovaHZ 7 месяцев назад +107

    Now I have to buy a BYD car. The attitude of the U.S. government has already proven that BYD cars are definitely great and affordable.
    The more the U.S. government opposes it, the more it proves the quality of Chinese cars. Otherwise, what are they afraid of? If their cars were of poor quality, they wouldn't be able to survive in the U.S. market at all. The invisible hand of the free market economy would cause their business to collapse.

    • @stevenpreston5619
      @stevenpreston5619 7 месяцев назад +4

      Agreed

    • @Sora8112
      @Sora8112 7 месяцев назад +1

      I mean if you live in the USA you ain't getting one

    • @Sora8112
      @Sora8112 7 месяцев назад

      And if not and you live where you can buy one then why do you even care? Idk man seems odd

    • @sis-l1i
      @sis-l1i 6 месяцев назад

      If we buy products that are copied and plagiarized like China, then eventually no one outside of China will dream of technological development and advancement.

  • @jimmymoon9981
    @jimmymoon9981 7 месяцев назад +14

    Let the US consumers judge if those Chinese EVs are good or not. 🙂

    • @malmn
      @malmn 16 дней назад

      trump and republicans are too afraid.

  • @johnmartin17t
    @johnmartin17t 8 месяцев назад +451

    Because it is cheap and affordable to mexican and Latinamerican ppl despite not being produced in Mexico or Latin America, compared to electric cars from the USA, which, despite being produced in Mexico and Latin America, are not affordable for the people who manufacture them for the American market

    • @adampgrm
      @adampgrm 8 месяцев назад

      Maybe if America stopped investing every dollar they have into Israel, they might have affordable cars too!

    • @lintong3084
      @lintong3084 8 месяцев назад

      I think Chinese car makers are building factories in Mexico and Brazil to produce locally

    • @Do-not-be-sheep
      @Do-not-be-sheep 8 месяцев назад

      because CHINA is selling their cars below cost to destroy the competition

    • @covertpuppytwo3857
      @covertpuppytwo3857 8 месяцев назад +6

      Is it in Mexico's best interest to buy them? Car manufacturing and its supply line is big business for Mexico and employs a lot of their people. If China's near slave-labor market takes over... are the Mexican people ready to slave away building cars to match the Chinese?

    • @l.r.jaramillomerino5856
      @l.r.jaramillomerino5856 8 месяцев назад +36

      ​@@covertpuppytwo3857Man, we are already slaves 😂

  • @nickborcic8177
    @nickborcic8177 8 месяцев назад +640

    Sounds like the US automakers need to make better and cheaper cars.

    • @tjayythedon3270
      @tjayythedon3270 8 месяцев назад +36

      It’s too late they had decades to invest in battery tech and software. Now they’ll have to die.

    • @tooltalk
      @tooltalk 8 месяцев назад +5

      There are already EV leaders in the US such as Tesla, Rivian Lucid, etc, etc. their mass-volume models are a year or two away.

    • @tooltalk
      @tooltalk 8 месяцев назад +4

      @@tjayythedon3270 Japan and Koread had 3 decades of investment and R&D in battery tech. China was acdtually very late to the EV battery game. China simply forced them to waive their IPR so they can access China's local EV market a decade ago, but practically banned them from selling any batteries in local EV market to protect the local industry.

    • @hehe-mq2bk
      @hehe-mq2bk 8 месяцев назад +8

      @@tooltalk rivian and lucid are non players. almost no one buys them outside of the US

    • @hehe-mq2bk
      @hehe-mq2bk 8 месяцев назад +15

      @@tooltalk so essentially China made leaps in battery innovation and production despite being decades behind in RnD? pretty based

  • @AP-lf6qs
    @AP-lf6qs 8 месяцев назад +78

    We need BYD cars in the U.S, they sell their cars for $12k. The U.S gov can make 3k per car and i'm happy buying a BYD for $15k. But im not buying a trash Tesla for $40k.

  • @ignaciogps
    @ignaciogps 5 месяцев назад +8

    I am Mexican. Ford, GM and Dodge are selling here cars that they manufacture in China.

  • @chingonsh7641
    @chingonsh7641 7 месяцев назад +153

    We don't care if your lawmakers don't let you drive cheap, good quality chinese cars. We in mexico can love these cars. We can't afford your 100k ford or chevy trucks so if you can't compete don't try to prevent other countries from selling their peoducts

    • @merrychase9744
      @merrychase9744 7 месяцев назад +15

      yeah i don't know why CNBC is so concerned about Mexico, its free to buy any vehicle it chooses right...

    • @2005VolksWagenbeetle
      @2005VolksWagenbeetle 7 месяцев назад

      ​@@merrychase9744 probably they dont want a China 2 at his side

    • @rawberto8282
      @rawberto8282 7 месяцев назад +1

      Que no te han informado como estan esplotando sus baterias de litio y nada apaga el fuego? Las flechas se quiebran con un simple bache. "Made in china" compa.
      Wait a minute, are you fudging 50cent army dude?

    • @chocolatesquirrel2002
      @chocolatesquirrel2002 7 месяцев назад +1

      Ese carro barato te va a salir caro en un par de años

    • @jorgesalazar818
      @jorgesalazar818 7 месяцев назад

      Esos carros estan hechos de papel compa. No gastes tu dinero.

  • @thewelshdragon.5979
    @thewelshdragon.5979 8 месяцев назад +327

    Why does CNBC make this sound like an evil thing. So arrogant and much hubris.

    • @ocampbell1954
      @ocampbell1954 8 месяцев назад

      You don't see how a communist country who is subsidizing it's car industry to undermine our car industry is a problem? LOL You're gonna be funding their war when we eventually have it.

    • @tooltalk
      @tooltalk 8 месяцев назад +9

      when would China allow foreign EV battery makers to compete in China?

    • @metaphor4439
      @metaphor4439 8 месяцев назад

      ⁠lmao sounds like cope.

    • @G观者清
      @G观者清 8 месяцев назад

      @@tooltalk You are really a tool of China haters, telling lies with open eyes. Wasn't Tesla the only one in China? Battery? Can they be compared? Tesla uses Chinese batteries.

    • @jetli740
      @jetli740 8 месяцев назад +31

      @@tooltalk can they compete in china? there is no restriction for any to come

  • @Genesis95-
    @Genesis95- 7 месяцев назад +257

    People prefer BYD because they’re cheaper and better quality than Tesla. Get over it jealous Americans.

    • @xDUnPr3diCtabl3
      @xDUnPr3diCtabl3 7 месяцев назад +8

      Cheaper? Yes. Better quality? Well… no.

    • @OPPORTUNISTLYC
      @OPPORTUNISTLYC 7 месяцев назад +9

      ​@@xDUnPr3diCtabl3Honestly, Tesla made in China>BYD>Tesla made in America.

    • @santostv.
      @santostv. 7 месяцев назад +3

      Byd dolphin is 30k€,
      mg4 28k,
      Tesla 3 41k€

    • @fanboyofpandas
      @fanboyofpandas 7 месяцев назад +9

      @@xDUnPr3diCtabl3 Doubt that you've driven either. The Teslas made in the states are such sht quality that the bar to be better than them is 6 feet underground. Worst build quality I've ever seen in any brand. So bad that it makes Maserati look like actual luxury cars. I saw some Chinese EV showroom models while vacationing in Shanghai, and the quality is not even close. Tesla is ages behind everyone, but especially behind Chinese EVs.

    • @xDUnPr3diCtabl3
      @xDUnPr3diCtabl3 7 месяцев назад +3

      @@fanboyofpandas My Tesla is from Shanghai. ;)

  • @lamarcusla8906
    @lamarcusla8906 7 месяцев назад +4

    In the Chinese market now, you can already buy a good car with 1,000 horsepower, rear-wheel steering, three electric motors, a CDC adjustable suspension, electric doors, and an electric spoiler for just $47,000. It's amusing to see people on RUclips still arguing about Chinese cars. The sales of Tesla in China are declining.

  • @Cornelius87
    @Cornelius87 8 месяцев назад +250

    I mean, American and Japanese automakers set up shop in Mexico yet they price their cars in the US as if they were built there. I don't see them passing on the savings to the consumer so it's hard to feel sorry for them.

    • @leahyan5038
      @leahyan5038 8 месяцев назад +25

      their goal is to make more profit not to pass savings on to costumer. that is why they are afraid of the Chinese EV because they will change market pricing expectations, goes profit margin the legacy brands has built up over time.

    • @leahyan5038
      @leahyan5038 8 месяцев назад +6

      legacy auto maker will be pushed out if they can not reverlutionize business model and production technology to achieve profitability in this industry. They are not showing any sign of progress at all.

    • @TheBooban
      @TheBooban 8 месяцев назад +2

      @@leahyan5038you think Chinese companies won’t do the same after they take over? You think they sell cheap because they care about you?

    • @darinherrick9224
      @darinherrick9224 8 месяцев назад +5

      @@leahyan5038too bad Henry Ford ain't around. His goal was to put his car in every driveway by paying high wages and charging low prices.

    • @silentmajority9162
      @silentmajority9162 8 месяцев назад +5

      @@TheBooban There are thousands of auto maker in China, that is the reason the car there is so cheap.

  • @wendawei6447
    @wendawei6447 8 месяцев назад +196

    Enough with this chinese 'overcapacity' talk. Aren't western countries biggest supporters of globalization? In a globalized world economy, the country that leads in EVs should specialize in EV production and export as much as possible.

    • @jetli740
      @jetli740 8 месяцев назад +14

      over capacity then said they want open factory in mexico
      both cant be true.... these reporter are brainless

    • @weirdshibainu
      @weirdshibainu 7 месяцев назад

      Not western countries. A handful of globalists.

    • @kumar.193
      @kumar.193 7 месяцев назад

      Google utube Facebook Twitter Netflix Wikipedia to list a few blocked for decades. Where was the talk about globalization back then. Hypocracy of China.

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад

      Make TACOs 🌮 Great Again

    • @grantcivyt
      @grantcivyt 7 месяцев назад

      @@wendawei6447 It's a problem when those EVs are subsidized by the CCP. In that case they aren't market forces but rather government price manipulation.

  • @demetrio3d239
    @demetrio3d239 8 месяцев назад +49

    The Chinese brands that had come to Mexico, are making "traditional" brands to lower the prices for their cars. It's a win win even if you don't like Chinese cars.

    • @1988vikable
      @1988vikable 7 месяцев назад +1

      Yes but what if their prices go so low that other car manufacturers cant compete??? They will monopolize the car industry. China floods the markets with cheap products to wipe out the competition. And many industries and countries have had to set up policy to protect themselves from these Chinese flooding of markets.

  • @willow-y3r
    @willow-y3r 7 месяцев назад +6

    Since I live in Mexico, Great News for Me Now!!! 😊

  • @alvaroga1n
    @alvaroga1n 7 месяцев назад +119

    The Americans are so scared that they had to beg their government to ban these amazing cars!!

    • @JJacobs803
      @JJacobs803 7 месяцев назад +20

      The government did that themselves 😂 US citizens didn't support it

    • @brodude3709
      @brodude3709 7 месяцев назад +6

      I wonder if people can import from Mexico?

    • @zhangmingjie-i4r
      @zhangmingjie-i4r 6 месяцев назад

      你吃的包括你不知道的很多商品,从二十年前就是中国生产,贴牌外国。最近是贴牌墨西哥​@@brodude3709

    • @zhangmingjie-i4r
      @zhangmingjie-i4r 6 месяцев назад +1

      ​@@brodude3709因为那个禁令

    • @zhangmingjie-i4r
      @zhangmingjie-i4r 6 месяцев назад

      ​@@brodude3709中国有句老话,只要思想不滑坡,办法总比困难多

  • @Frank01-f8n
    @Frank01-f8n 7 месяцев назад +152

    Why all western media focus on Chinese EV? In fact, the majority of China's car export are ICE cars and hybrids (about 80%). It's the whole Chinese auto industry that can build highly competitive products, not just EVs.

    • @TruthTeller8888
      @TruthTeller8888 7 месяцев назад +1

      Ohh yeah …😂

    • @吴凯旋-o8j
      @吴凯旋-o8j 7 месяцев назад +3

      Because they want to attract attention more than the truth, it is too harsh to ask them to explain the difference between plug-in hybrid and pure electric.

    • @ZakiHaider-y9o
      @ZakiHaider-y9o 7 месяцев назад +4

      ​@@TruthTeller8888found the beggar pajeed . 😆 🤣

    • @ZakiHaider-y9o
      @ZakiHaider-y9o 7 месяцев назад +4

      ​​@@TruthTeller8888that name KS rawat . How's bipin rawat . Still bbq 😆
      Pajeeds are always jealous

    • @tallest4eva
      @tallest4eva 7 месяцев назад +1

      A plugin hybrid is closer to an EV than an ICE, so you should probably relist your numbers putting EVs/plugin hybrids vs ICEs

  • @juventinorodriguez3639
    @juventinorodriguez3639 7 месяцев назад +174

    It is hard for Americans to understand that Mexico is no longer the back door, it has become the front door.

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад +6

      Slava TACOland 🌮 Heroyam Tequila 🥃

    • @TruthTeller8888
      @TruthTeller8888 7 месяцев назад +4

      😂😂😂 agree

    • @panaderofilms
      @panaderofilms 7 месяцев назад +6

      I knew a girl once that ONLY liked the back door..

    • @vivliforia2262
      @vivliforia2262 7 месяцев назад

      In order to avoid the US tariffs, China is using Mexico as their backdoor.

    • @christophergallie2910
      @christophergallie2910 7 месяцев назад

      You're wrong. Mexico just became the vacation house of the Chinese now.

  • @alexvargas9575
    @alexvargas9575 7 месяцев назад +5

    Huh, what a coincidence. Yesterday I saw a commercial for BYD on TV when visiting my family in Mexico. I never knew it was this big of a deal. 🤔

  • @EZ-rs5zv
    @EZ-rs5zv 7 месяцев назад +141

    From pharmaceuticals to cars, why does almost everything cost more in America vs other countries? Is it possible that our "democratically elected officials" care more about corporate profits than the well being of its the common people?

    • @MovieMovie-t9o
      @MovieMovie-t9o 7 месяцев назад +6

      N the taxes we need to pay r insane

    • @eish3291
      @eish3291 7 месяцев назад

      The answer is yes. Corporate,s fund their election campaigns. The voter merely puts an X on the ballot paper.

    • @amateur_football9751
      @amateur_football9751 7 месяцев назад +5

      Example deodorant sold in US Walmart $7 dollars, in Mexican Walmart $45 pesos from the same American brands and same size!!

    • @escargotiskuhol
      @escargotiskuhol 7 месяцев назад +7

      And these corporations also demand tax breaks in addition to subsidies

    • @qwenqwen1476
      @qwenqwen1476 7 месяцев назад +9

      Ask them CEOs how much they make and their bonuses! It should be criminal!!!

  • @305heezy
    @305heezy 7 месяцев назад +55

    if American auto makers are SOOO terrified, maybe they should try to a radical idea: ADAPT. EVs don't need to weigh 3 or 4 tons (highly dangerous in accidents, tire wear is crazy), don't need to go 0-60 in 2 seconds, make batteries easier to swap and recycle, etc... make good quality cars that are priced to compete. Easier said than done, I know. Innovation is key, not fear.

    • @SteveLomas-k6k
      @SteveLomas-k6k 7 месяцев назад +1

      That's the thing, there's not that big a market for compact sedans in the US anyway, far less battery operated ones. Most people want something a little larger, more comfortable, more utilitarian.

    • @jameshack485
      @jameshack485 7 месяцев назад +3

      ​@@SteveLomas-k6k Most Americans can't afford anything larger. A $30K all electric sedan would sell tremendously well but Detroit and the govt won't allow it. Need to make $50K cars to justify $100K salaries for union workers. Sad

    • @SteveLomas-k6k
      @SteveLomas-k6k 7 месяцев назад +1

      @@jameshack485 I agree, the unions don't help. But Chevy bolts were 30k and not very popular. At that price there is a lot of compromise on range/charging time, same as Nissan Leaf...

    • @santostv.
      @santostv. 7 месяцев назад

      Americans don’t like cars under the c segment 😂 then they cry about prices

    • @EvanKnightIsGood
      @EvanKnightIsGood 7 месяцев назад

      @@jameshack485 You can get a long range model 3 right now for 35k after incentives, which is pretty close.

  • @ocman11
    @ocman11 8 месяцев назад +246

    As a union man myself. UAW dug their own grave. They pushed legacy auto to stay legacy. Innovation was the last thing they wanted. Now the big 3 will not be competitive for this next generation of transportation.. "Made in USA" does not carry the same weight anymore. Especially when there are quality concerns and a commodity that is double the price compared to their rivals.
    Congrats on your short-sided contract. 🎉

    • @syproful
      @syproful 8 месяцев назад +6

      Then why not all support Tesla instead of fighting it like dumb asses ? Maybe not personally you. But the US as a whole. Tesla is world number 1 or 2 depending on the quarter right now. The Y was worlds best selling car. And yet some idiots in America fight it. Not liking Musk is ok. But atleast support the knowledge and research. People working there can go work for other companies and so on.

    • @DiamondFlame45
      @DiamondFlame45 8 месяцев назад +10

      This price gouging was happening way before the unions kid.

    • @peterii3512
      @peterii3512 7 месяцев назад +8

      @@syproful the fact of the matter is Tesla fumbled the bag. Their cars are full of production problems and are unrepairable by yourself. Wait times are way too long as well. We got outcompeted.

    • @doc-vg9lq
      @doc-vg9lq 7 месяцев назад +8

      Ughh Made in the USA with automobiles has always been bad. Ford, GM, etc. make some of the worst cars with issues on the market. Toyota is probably the most reliable. The other issue are the union costs for American car companies ironically who have to overpay and coddle their employees w/ 4 day work weeks thanks to union laws. China doesn't have to deal with that. There's a reason why China can sell a reliable $10k electric car that rivals Teslas. The main reason US lawmakers place those tariffs and are reluctant to allow Chinese cars into the US is they'd put American auto manufacturers out of business. It's sad that we have to pay 3x's the costs for vehicles and everything else thanks to union costs for subpar overpriced EV's and oftentimes American cars that have a reputation for not being very reliable. i'm not even a Republican but one of the issues i agree with them on is that union workers should be able to be fired and replaced. Get rid of unions altogether and American cars suddenly drop substantially in price altho still much higher than China due to our labor costs.

    • @agvga5510
      @agvga5510 7 месяцев назад

      ⁠@@doc-vg9lq Dont blame unions, blame the undying greed and sloth of the American people.
      In better news Americans are already changing their standard of living.
      Van life, small homes, solar sailboats.
      Downsize and buy foreign is the new modern america

  • @pakobalderas4227
    @pakobalderas4227 9 дней назад +1

    I love my BYD SHARK pick up. 50 K hybrid-electric, beautiful truck

  • @wangyue
    @wangyue 7 месяцев назад +65

    After seeing the comments under the video, I feel relieved. Thank CNBC for proving that most people are not that anti-intellectual.

    • @jorgesalazar818
      @jorgesalazar818 7 месяцев назад

      I don't think you've commented on enough chinese automaker videos. Keep going. Hope china pays you well, but I doubt it.

    • @wangyue
      @wangyue 7 месяцев назад

      @@jorgesalazar818 Are you a clown? Three years ago, I spent the equivalent of $50,000 on a Zeekr 001 and I've been very satisfied with it ever since. What kind of car do you drive? Do you even understand electric vehicles?

    • @wangyue
      @wangyue 7 месяцев назад +1

      @@jorgesalazar818 Three years ago, I spent the equivalent of $50,000 on a Zeekr 001 and I've been very satisfied with it ever since. What kind of car do you drive? Do you even understand electric vehicles?

    • @jorgesalazar818
      @jorgesalazar818 7 месяцев назад

      @@wangyue damn you got ripped off. I have a 2024 electric Toyota that I spent 45k for. Thought that Chinese junk was supposed to be cheaper?

    • @wangyue
      @wangyue 7 месяцев назад

      @@jorgesalazar818 What a joke. You know that the Zeekr 007 model displayed at the recent cutting-edge technology exhibition in Japan was specially imported from China for an in-depth study of the essence of the Chinese automotive industry. After a meticulous disassembly process, every minute component was meticulously analyzed. The model received high praise: it was hailed as the most cost-effective example of a Chinese electric vehicle, its integration of technology is remarkable, and it was vividly described as providing a "Lexus-like experience" under the Geely brand. The publisher responsible for the disassembly of the Zeekr 007 is Nikkei BP, the largest publishing house in Japan. This publisher is no stranger to disassemblies; last year they disassembled the BYD Dolphin and published "The Thorough Dissection of the Chinese BYD Dolphin." At that time, they conducted a comprehensive disassembly of the Dolphin, including the body, battery, powertrain, electronic control systems, interior components, and more, leaving only the overall chassis intact. In the end, while they were full of praise for the Dolphin, they believed that Chinese manufacturers will lead the world in electric vehicles in the future.

  • @issiewizzie
    @issiewizzie 8 месяцев назад +271

    The US citizen should be asking "As long as it benefits my wallet " ...look after yourself as no one will look out for you.

    • @Psi-Storm
      @Psi-Storm 8 месяцев назад +7

      That is stupid. Everyone is dependant on the other people doing good. As a restaurant owner you might want a cheap car, but if everyone buys cheap Chinese cars, then the production plant in your city closes down, and your business is in jeopardy too, because people can no longer afford to go eating out.

    • @hehe-mq2bk
      @hehe-mq2bk 8 месяцев назад +11

      @@Psi-Storm nope every man for himself!

    • @IaintTheHerb
      @IaintTheHerb 8 месяцев назад +5

      You make it sound like the citizen has a voice. 😂

    • @Jojoswhack
      @Jojoswhack 8 месяцев назад +7

      @@Psi-Storm even the big 3 American automakers Ford, GM, Dodge make the majority of their cars in Mexico for the US market. Tesla is the only one currently that makes cars 100% in America for the US market

    • @theotheleo6830
      @theotheleo6830 8 месяцев назад +8

      @@Psi-Storm Car production plant? Most have already been moved to Mexico or Canada, so...

  • @dadisphat6426
    @dadisphat6426 8 месяцев назад +71

    So Tesla, an American company, can sell cars in China, but the Chinese can’t sell their cars in the US? Doesn’t seem like fair competition to me.

    • @OPPORTUNISTLYC
      @OPPORTUNISTLYC 7 месяцев назад +10

      And Tesla also received a lot of subsidies from the Chinese government😢.

    • @Blaze6432
      @Blaze6432 7 месяцев назад +2

      Not exactly the same thing as Tesla's cars are not imported in China. This video is discussing Chinese manufactured cars imported into the US.

    • @IsaacMuntz
      @IsaacMuntz 4 месяца назад

      ​@@Blaze6432yeah what's wrong with that?

  • @hanhk6871
    @hanhk6871 6 месяцев назад +12

    "overcapacity" ? Aren't all exports from all countries are "overcapacity" ?

  • @dazedhavoc
    @dazedhavoc 8 месяцев назад +151

    How dare China make affordable, competitive green automobiles. They must be stopped.

    • @tooltalk
      @tooltalk 8 месяцев назад +2

      When will China allow foreign EV battery competition in China's local market?

    • @kolviczd6885
      @kolviczd6885 8 месяцев назад +14

      @@tooltalk Anytime if they can out-compete.

    • @weareallgodschildrenlovefr9556
      @weareallgodschildrenlovefr9556 8 месяцев назад +1

      🤣🤣🤣

    • @ninersnation3298
      @ninersnation3298 7 месяцев назад

      you don't buy their EVs, but you still buy either their processed lithum or its battery technology... Crazy how the chinese government figured them all out!!! The west wants to cut out the chinese supply chains, wishful thinking..

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад +1

      Make TACOs 🌮 Great Again 🌯

  • @joey3291
    @joey3291 7 месяцев назад +180

    So it's okay that the US companies sell their ''overcapacity'' to CN for decades but not the other way around? intersting to know...

    • @kumar.193
      @kumar.193 7 месяцев назад +1

      Google utube Facebook Twitter Netflix Wikipedia to list a few blocked for decades, but cry when import duty was raised. We know who started it.

    • @markuc
      @markuc 7 месяцев назад +17

      ​@@kumar.193okay Kumar you are just regurgitating domestic Indian misinformation. They left because they didn't want to comply to Chinese domestic data laws... Just wait the same to happen to the Indian market

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад

      Slava TACOs 🌮

    • @joey3291
      @joey3291 7 месяцев назад +15

      @@kumar.193 You know nothing. The things you listed are blocked because they refused to follow local laws about contents and data storage. BYD and Huawei followed every law but still got banned.

    • @ZakiHaider-y9o
      @ZakiHaider-y9o 7 месяцев назад +4

      ​@@kumar.193 India best achievements so far
      India's Hunger index
      2013: 63rd rank
      2022: 107th rank
      India's Happiness index.
      2013: 111th rank
      2022: 136th rank
      India's press freedom rank
      2013:79th
      2022: 150the the fourth pillar of worlds largest
      democracy is no more
      India's unemployment rate
      2013:4.9%
      2023:7.5%
      Unemployment rate never increase in growing
      economy.. india is growing only on paper and by
      loan
      India's Debt
      before 2014: ₹55 lakh crore
      2023: ₹155 lakh crore
      India's GDP from 2004 to 2014:
      $709 billion to 2.04 trilion (almost triple)
      India's GDP from 2014to 2024:
      $2.04 trillion to 3.6 trilion (expected)...not even
      double

  • @jorgehernandez493
    @jorgehernandez493 7 месяцев назад +14

    In the U.S. the automakers and dealers are abusive to their clients, they force them to buy expensive cars that hurt them economically.

  • @GOOSIE-wr4hn
    @GOOSIE-wr4hn 7 месяцев назад +5

    I drove a BYD car in Costa Rica and fell in love with the car it was well made handled great and when I found out how much it retailed for I felt robbed by the US auto makers and my car felt cheap in materials and how it handled but most importantly on how much more I paid for a gas car 😢

  • @car24dude
    @car24dude 8 месяцев назад +64

    I’m going to Mexico soon
    Gotta get a BYD

    • @reptilexcq2
      @reptilexcq2 8 месяцев назад +1

      From US? Can you buy it from Mexico and drive it back to US? LOL.

    • @markchiu1716
      @markchiu1716 7 месяцев назад

      Biden will freak out

    • @tren133
      @tren133 7 месяцев назад +3

      @@reptilexcq2 Apparently if you live in a southern border state (and also live/work in Mexico) you can get some sort of insurance exemption and essentially drive you Mexico bought and registered car in the US for at least one year at a time.

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад

      Slava Burritos 🌯 Heroyam TACOs 🌮

  • @fangyideng3131
    @fangyideng3131 7 месяцев назад +59

    This video feels like propaganda by the US government and companies, they know US auto industry is not competitive enough against Chinese, so they're using this Red Scare tactic to keep consumers comfortable paying unreasonably high prices on new cars. Remeber, fair competition in market ALWAYS benefit the consumers.

    • @eljefe5858
      @eljefe5858 7 месяцев назад

      Nop. 95% of México make less than 800 USD monthly. And a Tesla is more than 100 K if I am not wrong

    • @Ranaimuye
      @Ranaimuye 7 месяцев назад

      America doesn't understand China.
      China understands that America is merely 4% of the global population & its consumption % high as it is is nonetheless, miniscule.

    • @cd7856
      @cd7856 7 месяцев назад +2

      Let's be realistic. Remaining automotive jobs in the U.S. are some of the few remaining manufacturing jobs that pay good wages. If the Chinese come in and take marketshare from the American OEs, the American OEs will be forced to cut good paying American jobs... And, if the Chinese come to dominate the market one day, the American workers may end up working for Chinese plants here in the U.S. That is all very possible.
      Come on, GM is like a bloated cow dieing in a field, waiting for the vultures to fly in. Stellantis is crap and broke. Ford is struggling to find a strategy that makes $$$. They clearly cannot stand up a wave of Chinese competition...
      So, consumers may get cheaper cars with better tech for a while. But, the American standard of living will decline.
      Anyway.... I beileve the U.S. goverment's bigger concern is that the Chinese are getting ahead in the EV and AV spaces to a point at which the American OEs may never catch up... China could very well end up dominating the industry and related industries for the next 100 years and beyond.

    • @hangonsapto2338
      @hangonsapto2338 5 месяцев назад

      ​@@cd7856 Godbless independent state of Texas! 🤠✌🏻

  • @khiemdee4573
    @khiemdee4573 8 месяцев назад +75

    Let the US consumer choose which cars they want.

    • @ninersnation3298
      @ninersnation3298 7 месяцев назад +5

      $15,000 for a chinese EVs?? US government wants you to pay $35,000...

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад +2

      Make TACOs 🌮 Great Again 🌮🌯

    • @bobbysup
      @bobbysup 7 месяцев назад +1

      Too much money is involved to just let the US consumer choose what they want

    • @juant5016
      @juant5016 7 месяцев назад

      Car dealers just need to decrease their prices, its crazy how there are no affordable cars nowadays (10-20k USD), they only care about increasing every year their profit margins... SO GREEDY

    • @jackoneill28
      @jackoneill28 7 месяцев назад

      Democracy: Denied!

  • @fared___3409
    @fared___3409 24 дня назад +1

    China: I make affordable EV
    US: Thats a threat.

    • @malmn
      @malmn 16 дней назад +1

      100%. Americans are the biggest snowflakes on earth. Entitled, arrogant and rude babies. All of them.

  • @assamass
    @assamass 7 месяцев назад +52

    A car in China: 10k€
    Same car in USA: 25k€
    Same car in EU: 35k€

    • @brodude3709
      @brodude3709 7 месяцев назад +3

      Taxes and tariffs.

    • @brodude3709
      @brodude3709 7 месяцев назад

      They don't want you to own a car in the west.

    • @brodude3709
      @brodude3709 7 месяцев назад +3

      It's because of taxes and tariffs.

    • @chjin1796
      @chjin1796 7 месяцев назад

      When Chinese cars were not yet competitive, they were sold more expensive in China than in Europe and the United States.

    • @mikemiller659
      @mikemiller659 7 месяцев назад

      the chineze cars are Crap though..U get what U pay for

  • @oppenz3723
    @oppenz3723 8 месяцев назад +240

    It's free market, just like how you American loves to preach.

    • @ocampbell1954
      @ocampbell1954 8 месяцев назад +13

      It's not just a free market. We have anti-trust laws to stop monopolies and other things in place.

    • @jeevan88888
      @jeevan88888 8 месяцев назад

      It's free market and china is trying to monopolise, be honest with yourself and others.

    • @ezflower-s7i
      @ezflower-s7i 8 месяцев назад +17

      ​@@ocampbell1954ironic how murika can't compete when a competitor is delivering a superior product at a affordable price.

    • @ziggs123
      @ziggs123 8 месяцев назад

      China blocked everything they can't copy. Now the west is blocking their cheap crappy cars and they act surprised now 😂😂
      You can fool the white men, nice try tho

    • @100c0c
      @100c0c 8 месяцев назад +4

      @@ezflower-s7i Competition must be fair. Which China is not practicing.

  • @AG-kp8es
    @AG-kp8es 8 месяцев назад +34

    Gringos wake up to find out it's not 1890s any more. Latam can buy from whoever they want

  • @ViktorL595
    @ViktorL595 19 дней назад +2

    If the US keeps refusing to allow Chinese EVs, I will drive to Mexico, purchase one, and drive back to the US with that vehicle!!!

  • @Sixrabbbit
    @Sixrabbbit 7 месяцев назад +140

    Too bad Chinese EV are illegal in USA to protect Elon Musk.

  • @hemiedwards217
    @hemiedwards217 7 месяцев назад +58

    I love the self-serving overcapacity narrative being peddled here. Nobody says that Toyota or Hyundai were overcapacity in their domestic markets and had to sell in more developed markets. lol. Or John Deere was overcapacity in the US market and had to export internationally. Why the double standard? It's really quite pathetic.

  • @williammok3602
    @williammok3602 7 месяцев назад +64

    This piece is so insulting to the people in Middle and South America. It appears that nothing matters other than the precious US markets. Could American contemplate that Chinese EV makers built factories in Mexico to service the rest of the American continents

    • @Jatsotserah
      @Jatsotserah 7 месяцев назад +3

      What would you think if they still call "America" a country? 😅

    • @chocolatesquirrel2002
      @chocolatesquirrel2002 7 месяцев назад

      ​@@Jatsotserahit is a country and a continent aswell

    • @Jatsotserah
      @Jatsotserah 7 месяцев назад

      @@chocolatesquirrel2002 one? Lots of. Canada of America, Mexico of America, Honduras of America, etc.

    • @carlitosway5748
      @carlitosway5748 7 месяцев назад +4

      @ernesttorres4059 yes they do, lots of cars in latin america, so much that theres lots of traffic in big cities, cant be due to people riding bikes or walking right? smh

    • @carlitosway5748
      @carlitosway5748 7 месяцев назад

      @ernesttorres4059 yes they do have money, who told you that they didnt?

  • @Noregrets4
    @Noregrets4 5 месяцев назад +3

    This reflects USA mentality “ profits for me only”

  • @Brazza932
    @Brazza932 7 месяцев назад +28

    Let them come. Americans people need a break from these greedy corporations. $10k for new car is a good deal.
    Early this year, I walked to a Toyota dealer and asked for the cheapest new car they had. They brought me a 2024 Corolla priced at 27k. We did the paperwork, few weeks later I received the document from the bank and payoff balance jumped to $38k. It took about three weeks after multiple calls and threats to sue for them to remove the additional charges.
    these greedy dealers and corporations are legally rubbing people.

    • @leahp1765
      @leahp1765 7 месяцев назад +2

      Then buy use cars

    • @whatsyourname9289
      @whatsyourname9289 7 месяцев назад

      in China, corolla priced at 13k

    • @ericw127
      @ericw127 7 месяцев назад +3

      @@whatsyourname9289 13k is the price of last year. Now corolla in China is 11k USD. You can bring it home at about 12k USD include everything such tax or fees.

    • @toddcurtis1377
      @toddcurtis1377 7 месяцев назад

      And the current Corolla is an extremely undesirable vehicle from my point of view. For 27k you could get a nearly new Audi A4 premium or a MB C300 with fewer than 20k miles. Why would you buy a Corolla? (sorry. You do you. None of my business - but I wouldn't go there)

    • @juant5016
      @juant5016 7 месяцев назад +1

      Agree, companies just need to decrease their prices, its crazy how there are no affordable cars nowadays (10-20k USD), they only care about increasing every year their profit margins... always being GREEDY and caring only in the STOCK PRICE

  • @Mateomartinez-u1z
    @Mateomartinez-u1z 8 месяцев назад +79

    The same thing happens here in Thailand ❤.

    • @Micksmix256
      @Micksmix256 8 месяцев назад +12

      I was just in Thailand, and as an american loved the chinese cars like BYD. especially seeing the prices advertised. I wish the US would get on board.

  • @pandabearoceanpark
    @pandabearoceanpark 7 месяцев назад +35

    This video kept saying that Chinese car is cheap (as in price), but in fact, the Chinese cars are well design, stylish and have much better features. That's why Elon Musk said that, if Chinese car comes into the US, it will wipe out all the American cars. And stop saying that China has an overcapacity of cars. It's determined by the market, not by what the US government says! So we Americans, thanks to our government, will be paying more for less!

    • @PelosiStockPortfolio
      @PelosiStockPortfolio 7 месяцев назад +2

      Wrong

    • @amandagrant4331
      @amandagrant4331 7 месяцев назад

      If the cars made in China are really that bad, then the US government doesn't need to impose high tariffs, just sit and watch them fail to sell.
      Obviously, the opposite is true.

    • @Intel-i7-9700k
      @Intel-i7-9700k 7 месяцев назад

      @@PelosiStockPortfolio Wrong

  • @ahoog69
    @ahoog69 2 месяца назад +2

    If the United States wants to be great again, especially regarding its automotive industry, then the major manufacturers need to start creating smaller, affordable electric cars; not enormous SUVs and pickup trucks. People want a wide variety of options when it comes to affordable vehicles. The Chinese seem to be delivering on this account. Rather than hide behind tariffs, we should come out swinging with increased and innovative manufacturing here in North America.

  • @penghenry7586
    @penghenry7586 7 месяцев назад +45

    The comments are much better than this video itself! Good job CNBC! The real problem is not Chinese car companies, it’s the big 3 in the U.S. are too comfortable to sell their unreliable and overpriced vehicles to the general public. Let the public buy whatever they want and make some extra tariffs off your own tax payers🎉

    • @escargotiskuhol
      @escargotiskuhol 7 месяцев назад +2

      And those big 3 ask for more subsidies and tax breaks but still continue increasing prices

  • @MarktYertd
    @MarktYertd 8 месяцев назад +126

    The same thing happens here in Germany, American cars are way expensive.

    • @jeevan88888
      @jeevan88888 8 месяцев назад +7

      What are American cars doing in Germany?

    • @ka0s-j1g
      @ka0s-j1g 8 месяцев назад +3

      ​@@jeevan88888u dont need to know mind your business

    • @MatthewBaur
      @MatthewBaur 8 месяцев назад +6

      ​@@jeevan88888 The only relevant (apart from Tesla maybe) American car manufacturer in Germany is Ford. Given the fact that their production line in Cologne was built in the 1920s it's basically a German car manufacturer. Most of their models would never sell in the US.

    • @covertpuppytwo3857
      @covertpuppytwo3857 8 месяцев назад +2

      The same thing happens here in the USA... German cars are way expensive.

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад

      Make TOYOTA Tacoma Great Again 😎 Scotty Kilmer

  • @Tabula_Rasa1
    @Tabula_Rasa1 8 месяцев назад +46

    The guy talking about safety on the Chinese cars. A lot of them have 5 stars rating in Australia and Europe, so safety is not an issue. Main reason why they are selling a lot of Chinese cars in ASEAN, AUS, ME and Latin America is because those region don't produce their own cars and it is not bc of lack of safety or regulation. Europe and America does, so they are in protectionist mode, which is understandable. Chinese cars sell because it is affordable, have a lot of features and it well made. One thing they lack are prestige like the German cars, so they can't command a higher price tag.

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад

      Make TOYOTA 🗾 Great Again 😎 Scotty Kilmer

    • @TeohLieongChuan
      @TeohLieongChuan 7 месяцев назад

      what a f--k joke german cars and safety!!! remember the elk !!!

    • @kennmossman8701
      @kennmossman8701 7 месяцев назад

      Two Chinese Cars Earn A ZERO Safety Rating In Australian Crash Testing - AutoSpies Auto News.

    • @kennmossman8701
      @kennmossman8701 7 месяцев назад +1

      Chinese brands are around the 2-3 star safety rating.

    • @BSPBuilder
      @BSPBuilder 7 месяцев назад

      @@kennmossman8701 What you said is completely false:
      ruclips.net/video/SX_t4vtf-Hg/видео.htmlsi=GuiOa4nwbuMsMBED

  • @SomS-p1h
    @SomS-p1h 6 месяцев назад +5

    Can't wait for BYD to come to the US!

    • @wedmunds
      @wedmunds 3 месяца назад

      I hope you can wait...

  • @mechalovessquirrels
    @mechalovessquirrels 8 месяцев назад +35

    Congratulations Mexico for choosing what is good for your people, economy and climate.

    • @tren133
      @tren133 7 месяцев назад

      Actually Mexico is being strongarmed by the US to discourage the Chinese from opening factories. They better grow a back bone quick because there is a free trade agreement across most of Latin America, and the Chinese can go build cars in Brazil to compete against the cars made in Mexico.

    • @ByronVersion2
      @ByronVersion2 7 месяцев назад

      Slava TEQUILA 🥃 Heroyam Taco 🌮

  • @gerardopc1
    @gerardopc1 7 месяцев назад +15

    "Be a good American and pay x2 or x3 the price for an electric car but don't buy an EV from China 🚗" - An American corp .... 😂😂😂

  • @MGZetta
    @MGZetta 8 месяцев назад +68

    It feels like China has infinite money to subsidize everything that has ever existed if you hear Americans complaining. I thought America owns the world reserve currency and owns literal money printers with their unlimited debt-ceiling. How is China out subsidizing and out competing the US. Lol.

    • @tedwong7037
      @tedwong7037 8 месяцев назад +7

      if subsidy can save american manufacture, I would like to see the 35 trillion USD used on subsidies instead of funding warmachines

    • @MacrosFTW
      @MacrosFTW 8 месяцев назад +8

      It seems like China knows what industries(solar, EVs, batteries, chips) to subsidize decades in advance while America is subsidizing industries(oil, gas) of the past.

    • @tooltalk
      @tooltalk 8 месяцев назад +2

      @@tedwong7037 Sure, the US military presence in the South China Sea and many other Asian regions is the only reason why China can't run amoke.

    • @reptilexcq2
      @reptilexcq2 8 месяцев назад

      US can print as much as they can to subsidizing anything they want. But the problem is they realize that the more they print, the higher the inflation lol.

    • @lipincheng
      @lipincheng 8 месяцев назад +2

      @@tooltalk kidding whom?

  • @zlz-h2o
    @zlz-h2o 4 месяца назад +3

    Mexico is not America's backyard. Chinese auto makers bring better values. And they invest in Mexico's EV industry.

  • @dextercube1822
    @dextercube1822 8 месяцев назад +152

    US Govt: The Chinese government heavily subsidizes their EV companies. We want a level playing field for our EV makers.
    Why don't you heavily subsidize your EV makers to create a level playing field?
    US Govt: Sorry, can't do that. We've got to finance all those wars. It's the same with healthcare.

    • @IaintTheHerb
      @IaintTheHerb 8 месяцев назад

      They think they can "contain".China and Russia. They'll find out the hard way they cannot.

    • @danwelterweight4137
      @danwelterweight4137 8 месяцев назад

      North American governments already subsidize their auto industries in the US and Canada at the federal, state/provincial and municipal level.

    • @Danny-bd1ch
      @Danny-bd1ch 8 месяцев назад

      Tesla gets govt milk through carbon credits. A made up currency that does nothing to prevent pollution. Without carbon credits, Tesla would already be broke.

    • @covertpuppytwo3857
      @covertpuppytwo3857 8 месяцев назад

      US Govt response: NO, we got to finance the semiconductor business here in the USA to ensure China can no longer cheat and steal it ways to a technology monopoly then use it to black mail other nations... like China did to Japan!

    • @Jonathan.D
      @Jonathan.D 8 месяцев назад +1

      That sounds great until people start doing research on how poorly the cars are made. They are not just poorly made. They are dangerous. On average eight of them a day burst into flames due to faulty batteries. Truck loads of them burn before even being delivered. Entire dealerships have gone up in flames due to these cars. The mfg can also do things like lock the owners out of their cars and worse. They also collect all personal data including video and audio. After doing a lot of research I can say with confidence that anyone who buys these cheap cars will not get what they paid for.
      I am very disappointed by this because their cars look really cool and have a lot of features. Unfortunately those features are often not quality made. Everything else from there is synonymous with cheap junk that does not last or is not as offered. So why would it be any different with their cars. Their own people are waking up to the fact that they are not worth owning. Why buy a car that puts the owners personal safety at great risk. Driving is dangerous enough.

  • @JayTalksinjury
    @JayTalksinjury 8 месяцев назад +13

    The Chinese just set a hybrid record with just over 2000km on 1 tank of fuel !..

    • @jojo-ep2pp
      @jojo-ep2pp 8 месяцев назад +1

      actually has 1400 km of driving in mixed style

    • @jetli740
      @jetli740 8 месяцев назад +1

      @@jojo-ep2pp is pretty good range

  • @josemaciel232
    @josemaciel232 8 месяцев назад +32

    For as long as I can remember mexico and mexicans were the most loyal customers of US made products including cars,yet within US and mexico we have been treated like crap by individuals in farms, factories, and all authorities looked the other way, so don't complain now about losing anything that never belonged to you at all,too little too late

    • @gregh7457
      @gregh7457 7 месяцев назад

      wait until you see the teeth of your new overlords. they're even sharper than the old overlords

    • @TruthTeller8888
      @TruthTeller8888 7 месяцев назад

      Wait for tariffs and then talk … china is not going to run Mexico economy

    • @TeohLieongChuan
      @TeohLieongChuan 7 месяцев назад +1

      all due to colonial effect!!! always look up to colonial masters even though no longer slaves but still the slave mentality is there until they see another southern block country can compete and outdo their colonial masters then they realise i can do it also

    • @MaxBerry-j6d
      @MaxBerry-j6d 7 месяцев назад

      @@gregh7457 ....You n!!ttw!!t. In hist0ry of Chy!!na, they have never used their power to c0I0n!!ze a single country. In fact, when they were the strongest, there was a 1,000 years of peace in As!!a. That's the difference between you and the Chy!nese. They s0lve problems, while you create c0I0n!es when you have p0wer.

    • @ZakiHaider-y9o
      @ZakiHaider-y9o 7 месяцев назад

      @@TruthTeller8888 well india lost to China . Naturally pajeed is cranky
      Heyyy pajeed . Hindenburg

  • @sirdubster
    @sirdubster 3 месяца назад +2

    It’s a threat to the CEO’s of US automakers, not the average American 😂 😂

  • @bearpolo3618
    @bearpolo3618 8 месяцев назад +28

    Lack of domestic demand? CNBC, do you have to be this low? EVs and Hybrids oversold CE cars the 1st time in history in July in China. It's not lack of demand, it's cutting-throat competition that drove these companies to explore overseas markets.

    • @tedwong7037
      @tedwong7037 8 месяцев назад

      well the data shows the biggest car market is still China

  • @yourenodaisy2391
    @yourenodaisy2391 7 месяцев назад +39

    More then half of the worlds EV are sold in China! Why she telling us there is no demand of EV in China. There is no such thing is over capacity, there is a huge demand of Chinese EV overseas, is why they're set up shops overseas. There is a demand of Chinese EV is why the 100 percent tariffs is in place in the US.

    • @happyzahn8031
      @happyzahn8031 7 месяцев назад +1

      You must not keep up on the news. China has a huge oversupply now and their ev manufacturers are closing down until only a few are left since their government subsidies have stopped.

  • @jeffw4972
    @jeffw4972 8 месяцев назад +32

    With more extreme weather caused by the climate changes, the cheap Chinese EVs could help the world cutting down carbon emissions.

    • @AICW
      @AICW 7 месяцев назад +1

      Haha you believe total nonsense. Gasoline is king and will always be. Gas will save this world from "climate change."

    • @Just_another_Euro_dude
      @Just_another_Euro_dude 7 месяцев назад

      If only Chinese wouldn't still be using gazzillion tons of completely outdated coal and building even many more coal plants. Yeah, China is pretty much the biggest poluter of this world.

    • @TheMarcuslindberg
      @TheMarcuslindberg 7 месяцев назад +2

      51% of vehicles sold in China now is EVs. It will reach 60% at the end of 2024. The trend is clear 📈

  • @lrn_news9171
    @lrn_news9171 7 месяцев назад +3

    Are we ignoring Russia where Chinese brands are experiencing massive growth in sells since the sanctions

  • @rasheedb4762
    @rasheedb4762 7 месяцев назад +11

    So the consumers have no say? If they want cheaper, good quality cars, why force them to keep buying expensive US cars?