@Danji_Coppersmoke
As a consumer, I love this situation. Cheaper batteries = great.
N/A
BYD is building a manufacturing facility in Brazil, the cars produced there won't be facing the same tariffs as the ones imported from overseas and will likely flood brazil's market with BYD cars when operating at full capacity. an interesting fact about this new facility is that its plant was acquired from Ford. the north american company closed all facilities in brazil between 2019 and 2021. you can see perfectly the trend here.
@nakdickson
Chinese smartphone makers are the reason smartphones became affordable. I believe they'll do the same with the car market.
@3nimac
Reminds me of Kodak who invented the digital camera but didn't pursue it to protect its film business but then they got stomped anyway. Will happen with legacy car makers.
@Munixx
2 things I find funny. 1. International analysts realising they underestimate China every other week. 2. China is communist or socialist when someone wants to criticize it, but it's not when someone wants to praise.
@zeytelaloi
I was recently in Addis Ababa, the capital of Ethiopia in East Africa. I saw truck-loads of small BYDs being brought in. Taxis are switching over to them and other small EVs like the Wuling. The elites are driving Chinese-made VWs (like the one shown there for leasing), and Japanese EVs as well. A guy I met is opening up a factory in a smaller Ethiopian city to produce electric tuktuks. Ethiopia produces more electricity than it uses (having built a massive dam), due to bad power distribution infrastructure. As they improve it, reducing power outages, the ICEs will be driven out. Many poor countries struggle with trade imbalances, being forced to import so many things, and as a result they have weak currencies. Having to import fossil fuels is a big pain.
@rudalsxv
As a consumer, this is a good news. Don’t buy into doom and gloom from the incumbent capital owners. They just don’t want competition, globalization is what they wanted and welcomed it when it benefitted them. Don’t buy into their manipulation.
@aarspar
Western countries: China is emitting too much pollution! Go fix it fast! China: aight fine *advances electric cars and making sure they're environmentally friendlier than combustion cars whilst also making them cheaper Western countries: No! Not like that! *puts tariffs and embargoes
@dwc1964
9:17 - this right here is something I've been saying for over a decade: If you're going to spend public money to create a market for EVs in order to promote their development, the best way to start is not to provide "incentives" to individual consumers, but to just buy the vehicles directly, replacing every type of vehicle with an internal combustion/diesel engine that any government agency has with an electric model over time. This approach has multiple advantages over the personal market-based approach: (1) it converts public money into public assets - things that the public owns and are used for publicly-directed purposes; (2) it replaces things we were going to have to replace anyway, on a regular schedule; (3) it directs R&D towards practicality and efficiency rather than the whiz-bang performance metrics that impress early-adopter techbros; (4) it doesn't encourage the use of the private automobile as the primary mode of transportation, but rather goes the other way with electrified mass transit; and (5) several others but I'll leave it there. After that, consumer incentives for EVs (and disincentives against combustion engines) can work towards shifting the private consumer market, with points (3) and (4) in mind. This is why, it seems to me, there are so many really good, inexpensive (before incentives), small Chinese EVs, while the North American market is oversized, overpowered, overpriced "performance" cars and big-assed SUVs and pickup trucks. If BYD were allowed to compete in the North American market on a free-market basis, it would hit the North American automakers harder than the Japanese automakers did in the 1970s. And just like back then, it will have been a downfall of their own making.
@hexx0502
I moved to Europe from China in 2015. Back then, no car reviewers or mechanics recommended Chinese vehicles, and people would sometimes make fun of those who bought them. When I visited home in 2020, I started seeing some low-quality electric taxis in big cities, and many taxi drivers complained about them. When I returned to China in 2024, I was blown away by how much the electric cars had improved—not to mention that Chinese combustion engine cars, like the Tank 300, were also catching up. From my personal experience, if the EU opens its market to Chinese electric cars, European manufacturers won’t stand a chance. It’s not just about price; the quality—once the biggest competitive advantage of European cars—is now at risk as well.
@geiers6013
"We are falling a little bit behind". Nah I think we are already massively behind and have lost. Chinese EVs even in europe are cheap with the tarrifs and taxes added. Our democracies completely lack the long term vision and urgency to act displayed by China.
@syarifairlangga4608
Phone battery also from China, they now producing SIlicon battery everywhere, while old Zinc battery moved to South East Asian
@AfonsoBucco
in Brazil, Chinese companies also have factories locally. So import tariffs won't expel Chinese brands from here. They will just build more cars locally, like most western companies do in Brazil.
@funghi2606
I can only imagine how much hatred you are going to receive just because you pointed out the advantages that china has in this industry. Great video anyway
@ThePh34R
China is so gonna be the weird techno-futuristic state where people travel to just see the whole thing in awe.
@FabioCapela
The "new" Brazilian tariffs are misrepresented. Brazil has had, for decades already, pretty high tariffs on all imported cars, regardless of source or technology; the usual car import tariff right now stands at 35%. This is done so carmakers set up factories in the country in order to avoid the tariff. What happened is that Brazil wanted to jumpstart the local EV market; no local market means no factory investment, no factory investment means no local market because imports are too expensive. Thus Brazil temporarily lowered the tariffs on EVs to 0% to create a local EV market, but with scheduled raises to the tariff until by the middle of 2026 it will be back to 35% — and it hasn't deviated from that schedule. Incidentally, there's no country of origin discrimination in that tariff. EVs from China currently have a 18% tariff — but so have EVs from the US, Canada, Germany, France, Japan, South Korea, etc. As for the EVs clogging the ports: that would be because BYD has more than enough cash reserves to bring in huge numbers of EVs before each tariff hike in order to enjoy more sales at the previous, lower tariff, so they are doing it. Of note, Brazil has no homegrown car industry (the last attempt essentially died due to lack of government support), but the local branches of legacy automakers that do have factories in the country are already panicking about the Chinese cars. But, like Thailand, the government doesn't seem to care; as long as cars sold in Brazil are in the end made in Brazil, the government doesn't care if the factory making the car is owned by the USA, Germany, Japan, South Korea, or China. What's more, to sweeten the deal Chinese carmakers are talking about producing in Brazil cars to be exported to South American countries that don't have local car factories, and even talking about using Brazil's Lithium to make batteries in the country both for local use and for exporting.
@breaky73
I live in Vientiane, Laos, and I can say that in relative terms you will even find a higher percentage of EV's than in Bangkok. All of them Chinese of course. Almost all ride sharing is done with EV's and we have also electric tuk tuks. Electric scooters are everywhere too. You can get a decent EV now for less than 20.000 USD and they are getting cheaper. The only thing what is the issue is not yet proven reliability from most Chinese brands, plus that there are just way too many models and brands for sale now, so servicing might also be in issue in the future.
@Heimbasteln
China will be the reason why we suceed in achieving net zero. They are sadly the only country who really understood that renewables are the future and invested in their production. And chinese industries are the reason renewables are cost competitive without subsidies. Batteries and Solar Panels are both mainly produced in China. We Germans were once the world leaders in Solar Cells, but some stupid politicians decided to stop a lot subsidies without prior warning quite a few years ago. Its sad, but it seems like investing into renewable technology production in china is much less risky than in any first world country.
@basileus9343
me after watching the video: "wow we need to step up our game or china will achieve total market dominance, also very clever idea starting with making busses and taxis electric, could be a strategy worth implementing" chinese haters in the comments: "ArE YoU a CcP sHiLL nOw" y'all deserve to be dominated by BYD tbh
@TechAltar