Chinese cars will end up in the U.S., says the 'Car Dealership Guy' Yossi Levi

Yossi Levi, Car Dealership Guy CEO, joins 'Power Lunch' to discuss the state of the U.S. auto market as China hopes to launch EVs in America.

Пікірлер: 556

  • @Dxeus
    @Dxeus27 күн бұрын

    US automakers will do everything they can to block a competitor from selling cars in the US, rather than just making a better product.

  • @mikev4373

    @mikev4373

    27 күн бұрын

    What competitor have they prevented from entering the US? BMW? MERCEDES? TOYOTA? HONDA? HYUNDAI? FIAT? VOLVO? SUBURU?

  • @FabioCapela

    @FabioCapela

    27 күн бұрын

    The problem for them is, the US can't block Chinese imports in Latin America, Africa, Asia, the Middle East, Oceania, etc. If US carmakers need 100% tariffs in order to not be obliterated at home - where they have the advantage of a sympathetic consumer base and much lower transport costs, among other things - how will they be able to compete in the rest of the world? And if US carmakers lose both China and those countries where China is playing for keeps, they will lose most of their revenue. The US couldn't even block Huawei from dominating almost all 5G infrastructure outside the US and Europe; my own cellphone and internet providers, in the Latin American country where I live, run on Huawei tech. (Incidentally, Chinese brands are not only dominating the EV market here, their lower prices have turbocharged its growth; if by the time the EV transition is done the non-Chinese carmakers can't yet make EVs as cheap and fully featured as the Chinese, they will likely be outcompeted and ejected from the market here.)

  • @briantep458

    @briantep458

    27 күн бұрын

    @@mikev4373 non of those Makers sell EVs for $10,000

  • @neilsonlee3334

    @neilsonlee3334

    26 күн бұрын

    @@mikev4373 In the early days, US tried very hard to stop the Japanese auto imports. The anti Japanese sentiment was quite high. Only when Toyota, Nissan etc decided to start building cars in US, the attitude changed.

  • @TAL142

    @TAL142

    26 күн бұрын

    @@mikev4373 US has quota on both Korean and Japanese cars import. BMW and Mercedes are luxury cars. US don't make too many of those. Besides Japan and Korea are not sovereign nations. US can always force them to make additional compromises And half of the Japanese cars are actually made in America. So some of the profit are actually for US economy not Japanese economy.

  • @godzillamothra5983
    @godzillamothra598326 күн бұрын

    China cheap EV actually have more features and comfort than the so called luxurious US cars, so what is the excuse for US CEOs?

  • @fatdoi003

    @fatdoi003

    24 күн бұрын

    MAGA

  • @NaughtyPanda888

    @NaughtyPanda888

    24 күн бұрын

    National security😂😂😂

  • @NaughtyPanda888

    @NaughtyPanda888

    24 күн бұрын

    Overc……

  • @RohanKumar-zr3pj

    @RohanKumar-zr3pj

    20 күн бұрын

    Lifestyle expectations beyond means and a US president who is union flagging for more.

  • @giacomu1

    @giacomu1

    19 күн бұрын

    @@NaughtyPanda888 Taiwan :)

  • @bobdoe38
    @bobdoe3827 күн бұрын

    “Cheap” 20k Chinese cars with functionality equivalent to 60k US cars 😂

  • @Wongseifu548

    @Wongseifu548

    27 күн бұрын

    lol sure they are

  • @bobdoe38

    @bobdoe38

    27 күн бұрын

    @@Wongseifu548 try to buy an equivalent to Xiaomi SU7 in the U.S. for under 80k

  • @tooltalk

    @tooltalk

    27 күн бұрын

    @@bobdoe38 the Ioniq 5N is under $70K and is far superior to anything made by Xiaomi -- or anything made in China for matter.

  • @bobdoe38

    @bobdoe38

    27 күн бұрын

    @@tooltalk If that’s the case, then it would be hot seller in the #1 car market in the world (China). It is not 😁

  • @bobdoe38

    @bobdoe38

    27 күн бұрын

    @@tooltalk I took a look at the specs of that car. Are you kidding me? 😁

  • @Kevin-kd6hf
    @Kevin-kd6hf25 күн бұрын

    everybody seems to think that the only advantage of chinese EVs is being cheap. but that's not the case at all. They surpass western legacy auto makers in almost every aspect, including technical capacity. Tesla might be the only crown jewel for now for the west. Those who were shocked by the Chinese cars at Beijing auto show this year, and Shanghai auto show last year were not like: Oh sh*t, chinese are so cheap, and western cars are in trouble. It's actually like, oh ,the chinese cars are so good, and the western cars are in trouble.

  • @vlhc4642

    @vlhc4642

    16 күн бұрын

    True story, Toyota brought a concept car to Beijing auto show and it was worse than Chinese production cars taking orders next door

  • @vincesiy1403

    @vincesiy1403

    15 күн бұрын

    @@vlhc4642 Agree. Toyota has been bad for severals years now. I think they got too complacent for being too dominant for too long. My last purchase was a toyota rav4 and I regret it after discovering how other brands has more features, better quality and cheaper price. The only thing carrying Toyota right now is name recognition where people like me did not research before buying a car and just thought of what we were used to seeing a lot of people used to use. When I look at Chinese and Korean cars, not only are they cheaper but they look better and has more features. BYD and MG has sooo many good car models.

  • @davidgmaloof

    @davidgmaloof

    12 күн бұрын

    I haven't seen a single Chinese car that appeals to me at any price. I'm not saying they aren't good cars, but they seem to be fairly generic, like appliances. I can see the cars appealing to poor people, though. Full disclosure, I drive a Mercedes E450 Coupe and a Ford F150.

  • @vlhc4642

    @vlhc4642

    12 күн бұрын

    @@davidgmaloof I mean, you do drive an F150 so your tastes are already... unique. But how many Chinese cars have you seen anyway? Have you seen Avatr 12? Zeekr 007? Luxeed S7? Geely Galaxy E8? There are dozens and dozens of cars far better than E450.

  • @corpingtons

    @corpingtons

    23 сағат бұрын

    Yes western cars are not good most of the time

  • @hyuxion
    @hyuxion27 күн бұрын

    As U.S. consumers, we are at a disadvantage because our money cannot buy the best EV options available in the rest of the world.

  • @zacksmith5644

    @zacksmith5644

    26 күн бұрын

    The US can't compete . Notice how that lady interviewer said its good for the US to subsidize our auto industries but China is bad for subsidizing their auto industries and its over capacity.

  • @fatdoi003

    @fatdoi003

    24 күн бұрын

    or the best mobile phones

  • @BatCountryAdventures

    @BatCountryAdventures

    17 күн бұрын

    Or the best women. j/k

  • @corpingtons

    @corpingtons

    23 сағат бұрын

    Yes correct

  • @fatdoi003

    @fatdoi003

    22 сағат бұрын

    @@BatCountryAdventures nah... that's Thailand and Philippines

  • @DanBurgaud
    @DanBurgaud24 күн бұрын

    Buyers will always want the cheaper and better product.

  • @jeremytine

    @jeremytine

    23 күн бұрын

    cheaper != better ... I just paid $70 for knipex pliers from germany rather than $40 for icon from horror freight. Tolerances and smoothness on knipex was way better.

  • @hansolo8225
    @hansolo822527 күн бұрын

    Hundreds of millions of Americans have to pay more so several thousands can keep their non competitive jobs.

  • @308_Negra_Arroyo_Lane

    @308_Negra_Arroyo_Lane

    26 күн бұрын

    Biden likes unions.

  • @russelljames5631

    @russelljames5631

    25 күн бұрын

    So the shareholders can make more profit.

  • @wrht919

    @wrht919

    25 күн бұрын

    The auto industry is vital to national security. In times of war, it can manufacture tanks and various types of military equipment.

  • @wenerjy

    @wenerjy

    25 күн бұрын

    @@wrht919 This is not WW2 era US military anymore, where we mass produced mediocre tanks and military equipment. Now we only manufacture the most advanced tanks and equipment in the world, this is not something auto manufacturers can easily pivot to producing.

  • @hansolo8225

    @hansolo8225

    24 күн бұрын

    @@wrht919 If it’s critical to national security, then ban the unions and eliminate worker protections like they do in the military.

  • @minibobjhu2523
    @minibobjhu252326 күн бұрын

    High quality, low cost Chinese cars? American middle class are denied those options…ur politicians will make sure of that

  • @user-yc7nv2qx2n

    @user-yc7nv2qx2n

    24 күн бұрын

    China's BYD electric car costs $9000, while Ford Motor Company in the United States has a similar electric car priced at $35000. Even with 100% tariffs and shipping costs, the sales will not exceed $22000. When Chinese cars enter the United States, the American automotive industry will go bankrupt, and politicians will lose their votes. So only by preventing Chinese cars from entering the United States. In addition, Tesla is produced in China and its price is also the lowest in the world. It is lower than both the United States and Europe. Tesla cars made in China can be exported to other countries and regions, and local people can enjoy the best cars in the world and the lowest prices like Chinese people, but Americans cannot.

  • @jeremytine

    @jeremytine

    23 күн бұрын

    @@user-yc7nv2qx2n lol except the cars aren't comparable, and that 9k, which i thought was actually 10k, is price based on that currency/market. Even with no tariff, it'd never be that price in US.

  • @cosmoray9750

    @cosmoray9750

    17 күн бұрын

    200% tariff. The American government want US citizens to pay more and corporation are still exporting jobs overseas.

  • @Kukura001

    @Kukura001

    15 күн бұрын

    As China becomes more and more like the United States, and the United States becomes more and more like the Soviet Union

  • @waichui2988
    @waichui298827 күн бұрын

    It's the early 1970s again. People in the US were buying bigger and bigger cars. All of a sudden people wanted smaller and cheaper cars.

  • @MetaView7

    @MetaView7

    24 күн бұрын

    What we want are the Japanese Kei-Cars. No one needs 300 hp to take kids to soccer games or go grocery shopping.

  • @fatdoi003

    @fatdoi003

    24 күн бұрын

    @@MetaView7 then BYD Seagull fits perfectly

  • @darylfoster7944

    @darylfoster7944

    24 күн бұрын

    @@fatdoi003 Americans won't buy that. It's the size of a postage stamp.

  • @barnabusdoyle4930

    @barnabusdoyle4930

    12 күн бұрын

    It’s the increasing price of gasoline that make Americans want to buy smaller cars. That’s what really hurt the US automakers in 2007-9 when oil and gas prices were high and all they made were 5 blocks to the gallon pickups

  • @js-wq6zy
    @js-wq6zy27 күн бұрын

    11k for a car while all other makers have entry prices at around 25k.....you can bet the BYD assembly process is completely high tech and fully automated.....

  • @jerronng6036

    @jerronng6036

    24 күн бұрын

    I m missing my easy $$$$$😂😂😂 us car bosses

  • @MetaView7

    @MetaView7

    24 күн бұрын

    There are videos of the factories on KZread. BYD, Xiaomi, etc. 90% robotic.

  • @fatdoi003

    @fatdoi003

    24 күн бұрын

    BYD is the only company who is completely vertically integrated.... from design, producing batteries, producing parts, screens, body and even have their own RORO transport ships to deliver their cars overseas.... maybe only thing they don't make is the tyres... so they can control every component and process inhouse

  • @darylfoster7944

    @darylfoster7944

    24 күн бұрын

    They're most likely losing money on those models, using them as loss leaders to drive the competition out of business. Also, the $11k car is a postage stamp sized micro car. It wouldn't sell in the U.S.

  • @vijayarajan3276

    @vijayarajan3276

    22 күн бұрын

    @@darylfoster7944 $11k was not meant for US, as consumers in US can afford higher priced cars as sales data shows

  • @johnwhoo6194
    @johnwhoo619426 күн бұрын

    Chinese car makers are highly automatic and high tech, they upgrade 2 generations ahead of foreign car makers, highly vertically integrated, so cars are much cheaper with good quality. US protection will cause US car makers lose out big in the long run, more lagging behind over time.

  • @fatdoi003

    @fatdoi003

    24 күн бұрын

    even Elon got his Chinese engineers to retool the u.s plant

  • @lukeecle117
    @lukeecle11723 күн бұрын

    The US is expected to subsidize Tesla with $34B between 2023 and 2030. This isn’t even including the other subsidies that Tesla is going to receive from previous policies. Meanwhile, the Chinese government has subsidized BYD between 2018 and 2022 with the whopping massive amount of $ 3.7B. So the American company got subsidized 10 times more than the Chinese company, out of the $119B in battery subsidies GM got about $21 B, the truth is the US regime is subsidizing their electric vehicles way more than China is. On November 30, 2023 GM announced record $10 billion stock buyback, more than it’s spending on UAW raises- as its electrification push stalls (Source Bloomberg). That share buyback from General Motors was just q4 of 2023, $10 B, they get $20B in subsidies and they spend $10 B giving that money back to shareholders. The money isn’t going to innovation like it should, the money seems to go these bloated bureaucratic corporations where they take the money give it to shareholders or give it to executive bonuses or management teams that don’t know how to build a car, get so complicated convoluted they just can’t do business competitively anymore. They don’t need to, instead of being forced to be competitive, being forced to actually spend the money on R&D and producing a high-quality product, they just put a 102.5% tariff on anybody that they cannot compete.

  • @alan68681

    @alan68681

    23 күн бұрын

    You might tell the truth but people here in us are trying to ignore them or they don’t dare to point out

  • @whatsyourname9289

    @whatsyourname9289

    20 күн бұрын

    Tesla也拿到了中国政府的补贴,2023年为19.6亿元人民币

  • @Kukura001

    @Kukura001

    15 күн бұрын

    As China becomes more and more like the United States, and the United States becomes more and more like the Soviet Union

  • @tvm73836
    @tvm7383627 күн бұрын

    China has very smartly cornered the raw materials market for EVs while the US has been asleep at the wheel. Chinese politicians don’t have to worry about reelections while US politicians only think about that all the time and not the well being of their country and people.

  • @FabioCapela

    @FabioCapela

    27 күн бұрын

    Essentially, China saw that EVs would be the future back in the 90s and started investing accordingly, with ample government support; BYD's hometown, for example, has every bus being electric since 2017, every taxi and ridesharing car electric since 2019, and now has more EV fast chargers than fuel pumps. Which, mind, is what the whole world should have done back then if it was concerned about CO2 emissions. And even if you don't care about emissions, the only weak link in the EV tech chain are batteries; everything else in an EV performs better, is cheaper, is more reliable, and is lighter than the equivalent parts on an ICE vehicle, and have been like that since a long time ago. EVs just needed batteries to improve enough in order to become both cheaper and better in just about everything compared with ICE cars. So China invested very heavily on battery tech, speeding up its development, meaning they are now years ahead on both the batteries themselves and production technology, and are quickly getting to the point they can make EVs cheaper than other countries make ICE cars - China seems to have already reached this point for some car sizes, and in the next couple years should get to that for the whole of the auto market.

  • @tooltalk

    @tooltalk

    27 күн бұрын

    Well, it wasn't that the US was asleep. No developed country wants anything to do with dirty business (mining and refining) with heavy carbon footprint. It was expected that China would dominate the low-wrung raw material supply-chain while Japan and South Korea who were ahead in battery tech and manufacturing with global automakers in the West as end customers. China decided to hijiack this along the way -- they practically banned the Japanese/Korean battery makers -- and they still don't have access to China's local EV market -- and forced all foreign EV makers to use local batteries from local battery makers only since 2016. This changed the whole plan and now everyone has to localize their own supply-chain to cope with China's quest for domination; so as not to repeate the rare earth metal fiasco of 2010 when China weaponized their position in rare earth metal against Japan to settle a geopolitical dispute in 2010.

  • @xfactor6099

    @xfactor6099

    27 күн бұрын

    ​@@tooltalknow you how everyone has to deal with the USA weaponisation of the USA dollar sa global reserve currency

  • @pengzhang5081

    @pengzhang5081

    26 күн бұрын

    美国是资本主义社会 为何要在乎人民或者老百姓的福利和生活? 好奇怪的思维

  • @vegamoonlight

    @vegamoonlight

    26 күн бұрын

    @@tooltalk And that's good for China to do that. As it will drive the cost lower and the products affordable for more people. You forget China is a socialist country.

  • @mikhailmamontov2155
    @mikhailmamontov215527 күн бұрын

    There is no more free market! If government decided to protect failing buisnesses from competition, it is a bad start. We will end up like Argentina that produced everything on its own, and eventually failed.

  • @philipwong895
    @philipwong89521 күн бұрын

    When the US buyer imports goods subject to tariffs from China, they pay the tariff to the US government. This cost and any markup are typically passed on to the end consumer, meaning consumers ultimately bear the burden of tariffs through higher prices. The Chinese seller, however, does not directly pay the tariff; the importer in the US bears that responsibility. China does not suffer the consequences of tariffs. The US consumers are being punished by having to pay higher prices. In 2012, President Obama, as part of his plan to double the U.S. share of the world's solar panels from 5% to 10%, imposed tariffs of up to 249% on solar imports from China. In response, China retaliated by imposing import restrictions on polysilicon from the U.S. At the time, the U.S. held a 50% share of the global polysilicon market, which has since dropped to under 4%. The U.S. share of the world's solar panels has dropped to under 2%. China has promised to retaliate as strongly in response to new tariffs.

  • @henk7356
    @henk735623 күн бұрын

    China does not need to go around the new tariffs. Even with a 100% markup, they are still cheaper as the US brands. And the customer will pay ... not China.

  • @petershi2268
    @petershi226826 күн бұрын

    Very simple reason: China has the whole ecosystem, its supply-chain cost is much lower than any manufacturer outside of China.

  • @darylfoster7944

    @darylfoster7944

    24 күн бұрын

    They use much more manual labor than Tesla, and have much lower profit per vehicle than Tesla. And I'd be willing to bet that BYD is losing money on those $10-15k cars. They're using them as loss leaders to drive the competition out of business.

  • @SnakZ

    @SnakZ

    23 күн бұрын

    @@darylfoster7944 not hard when they are back by the government lol. Same way china was able to flood the market before with cheap metal.

  • @cchen6522

    @cchen6522

    23 күн бұрын

    ​@@darylfoster7944 BYD's gross profit margin is higher than Tesla's. I suggest you look into the automated factories of Chinese EV companies to update your knowledge.

  • @eriktan9654

    @eriktan9654

    22 күн бұрын

    @@darylfoster7944they are not. Their production is highly automatic, their profit rate is higher than Tesla per car (26% vs. 12%), and they are still making money by selling those cheap cars.

  • @darylfoster7944

    @darylfoster7944

    22 күн бұрын

    @@eriktan9654 BYD only makes $1k per car. Tesla's profit is much higher.

  • @mariajiao4855
    @mariajiao485527 күн бұрын

    The guy being interviewed said many things wrong. I feel like he knows the real reasons but being cherry picky on the answers

  • @autoselectricos-americalat9276
    @autoselectricos-americalat927626 күн бұрын

    The rest of the world will adopt cheap smart autonomous Chinese EV's, while the USA will remain stuck with dumb internal combustion engine cars.

  • @fatdoi003

    @fatdoi003

    24 күн бұрын

    they're going back to be isolationists

  • @arturoherrera3616

    @arturoherrera3616

    21 күн бұрын

    Will become Cuba

  • @NopWorks

    @NopWorks

    10 күн бұрын

    Don't worry, people are hard at work comforting US consumers by soothing them with reasons why EVs are terrible & ICE cars are superior in every way, so they'll continue happily buying & driving internal combustion vehicles.

  • @JCSY1
    @JCSY127 күн бұрын

    American car consumers are screwed.

  • @tooltalk

    @tooltalk

    27 күн бұрын

    why? The average price of EVs went down by over $8K just in one year between 2022 and 2023 -- without China.

  • @JCSY1

    @JCSY1

    26 күн бұрын

    @@tooltalk Great. Still dreaming. Most are using parts from China especially EV batteries. Some are even Made in China. and then shipped to certain countries outside of China. Competitors are reducing their prices because of competition from China otherwise EVs will be much more expensive outside of China. Very soon the US will get to enjoy much more expensive EVs and other things.

  • @jogana6909

    @jogana6909

    26 күн бұрын

    After the introduction of Chinese vehicles in Australia, the prices of both EV and ICE vehicle have dropped, and consumers are the beneficiaries of competition (including those people who have not bought Chinese vehicles).

  • @JCSY1

    @JCSY1

    26 күн бұрын

    @@jogana6909 Yes. Exactly. Competition brings down prices and is great for consumers.

  • @tooltalk

    @tooltalk

    26 күн бұрын

    @@jogana6909 : the average price of EVS in the US dropped from $61K to $53K -- without China. If you haven't yet noticed, there was a supply-chain shortage in the auto industry caused by COVID from China past 3-4 years.

  • @jackjhmc820
    @jackjhmc82024 күн бұрын

    Extreme low cost from Chinese EVs also come from extreme automation and robots replacing Chinese workers.

  • @MMA-gb6to

    @MMA-gb6to

    19 күн бұрын

    more workers need to learn and become engineers or technicians if they don't learn, they will become useless Americans

  • @josdesouza
    @josdesouza26 күн бұрын

    Whatever happened to that free market gospel that the US used to preach to the world until not so long ago?

  • @xubious
    @xubious25 күн бұрын

    US market is a joke. I was ready to spend $25k and I looked and looked and looked and everything was the same. No competition. All the same crap $25k vehicle. So I bought a used car at $8k. When the US automakers get a kick in the hind, I’ll consider buying a new car.

  • @barnabusdoyle4930
    @barnabusdoyle493012 күн бұрын

    It’s time for US car manufacturers to justify the ridiculous price of their vehicles while the Chinese are able to sell cars for $17-20k brand new and with better features.

  • @ShnNar1000x
    @ShnNar1000x20 күн бұрын

    That Americans don't want EVs is an American problem. In China, the world's largest auto market, EVs are dominating and their sales are skyrocketing. In the US, people are slow to adapt to change, the necesasry infrastructure for EVs has not been built, and EVs are outrageously expensive. I am sure Americans would buy EVs if they were affordable and the infrastructure was good. The US is going to be left so far behind it won't be funny.

  • @scoty_does
    @scoty_does21 күн бұрын

    Anyone that has owned an EV and a hybrid will never go back to a hybrid. Hybrid is a long term looser for the customers.

  • @lkhjason

    @lkhjason

    18 күн бұрын

    Agreed. Had a BMW330e PHEV hybrid and it’s the absolute worse 5 years down the road, when the warranty runs out & the whole hybrid system starts acting up. Especially the inverter component (thing that switches between electric & ICE). Cost almost the entire car’s mkt value at that point for replacement 🙄

  • @drleishaobo
    @drleishaobo8 күн бұрын

    Correct me if I am wrong. My English teacher always told me that the word “cheap” implies low quality and low value. So as a Chinese, it bothers whenever I hear American saying “cheap Chinese EVs”. Chinese EVs are definitely not cheap, they are relatively affordable, of fine quality and great value, too bad that we can’t get them in North America.

  • @keith6371
    @keith637127 күн бұрын

    To say US or Japanese car makers can’t build a cheap car is simply lying. Toyota Corolla hybrid full loaded is around 20k USD in China. Bare bone Corolla with a crappy engine, much worse suspension, poorly equipped is 27k usd in US. A bare bone Corolla sells for around 13k usd in China. That is 14k usd difference. Chevy Malibu with 2T engine and 8 spd auto is less than 20K usd in China, same car sells for well over 30k usd in US. Someone explains to me why can’t we import American brand cars from China with China price?

  • @FabioCapela

    @FabioCapela

    27 күн бұрын

    Buick sells EV sedans starting under $14K in China (and they sell reasonably well because Buick is actually undercutting Chinese automakers). The thing is, production in China is simply cheaper. And it's not about wages, or at least not just them, otherwise places like India and Vietnam would be beating China; instead, China has invested heavily in infrastructure (meaning cheap electricity and logistics), in creating comprehensive and co-located supply chains (which further lower logistic costs), has public banks that pay almost nothing to executives and pay much less dividends than US banks (they use the money freed by that to lower rates), and even private Chinese companies pay far less to their executives and shareholders (the extra money can then go towards R&D, expansion, lower prices, etc). Case in point, GM's CEO takes home over 20x more than BYD's best paid executive (and some 40x more than BYD's CEO). The difference pays for a huge amount of R&D.

  • @jogana6909

    @jogana6909

    26 күн бұрын

    Trade protection will only make US manufacturers lazy and obese.

  • @zacksmith5644

    @zacksmith5644

    26 күн бұрын

    ​@@jogana6909The US can't compete . Notice how that lady interviewer said its good for the US to subsidize our auto industries but China is bad for subsidizing their auto industries and its over capacity.

  • @siyuanzuo3750

    @siyuanzuo3750

    24 күн бұрын

    @@zacksmith5644US exceptionalism at its best

  • @deriourba4933

    @deriourba4933

    24 күн бұрын

    It is all about politics, us is afraid of china exceeding in so many fronts, and just block any china product sale at any cost. Insane ! It will hurt us in the long run, we will see.

  • @alsjogren7890
    @alsjogren789026 күн бұрын

    Can I buy a Chinese EV in Mexico as a permanent resident and then sell it in the US as a citizen and the new buyer be able to title and register it?

  • @mouseisbroken

    @mouseisbroken

    26 күн бұрын

    it is a national security threat.

  • @fatdoi003

    @fatdoi003

    24 күн бұрын

    even if you can sell it, how to service it? who will insure it?

  • @pjscafe
    @pjscafe15 күн бұрын

    I hope it really happens. Biden, Trump and the US automakers don't like Competition. There's no reason why we can't have a $20k electric commuter.

  • @PD55_
    @PD55_27 күн бұрын

    Consumers ultimately pay any tariffs, this is an inflationary tax. Just when we need affordable clean transportation, cheap solar and batteries. Anti-capitalism, anti-free market insanity.

  • @donkeykong516
    @donkeykong51614 күн бұрын

    US did subsidied auto makers, but CEOs used money to path themselves & shareholders instead of focus on consumer affordability

  • @dodoboy66
    @dodoboy66Күн бұрын

    USA needs to keep their auto CEOs rich.

  • @agoodchow
    @agoodchow26 күн бұрын

    Talking about USA auto market, EV in USA had been priced on the upper or upper-medium scale for a long time. So there had been low incentive for USA buyer choosing EV. Furthermore, USA is flooded with SUV heavier and bigger vehicles instead of sedans for 2-3 decades, that tendency did not suit EV manufacturing and EV sales.

  • @ryhchoi
    @ryhchoi24 күн бұрын

    The reason why in the US, people believe that EV has swung to an extreme end is because due to the lack of charging infrastructure. In countries where charging infrastructure are everywhere, it makes sense that EV demand continues to sky rocket.

  • @taocook6526
    @taocook652624 күн бұрын

    It's not the consumers not wanting EV, it's the infrastructure not there yet, esp the charging stations. I drove my EV to a state park and couldn't find a charging station in ~50 miles. I bet no one has EVs in that area.

  • @litchi4507
    @litchi450720 күн бұрын

    To protect the american auto industry, we have to endure using lousy but expensive american made cars. 😬

  • @tanyi5524
    @tanyi552415 күн бұрын

    The beneficiary of the 100% tax is the US government, and China merchants have no influence. Ordinary Americans pay the US government.

  • @Hrbatanu
    @Hrbatanu24 күн бұрын

    even with 100% tariff,BYDs are still competitive?

  • @KJB-gn8mr
    @KJB-gn8mr27 күн бұрын

    US manufacturers must give consumers what they want at a price they need , plus they need a better EV technology with sufficient charging infrastructure . Sorry Joe B. Union , US manufacturers won't get all that done in time to save the industry .

  • @tooltalk

    @tooltalk

    27 күн бұрын

    No worries. The average price of EVs went from $61K in 2022 to $53K in 2023 and they are still declining with or without China (preferably).

  • @zacksmith5644

    @zacksmith5644

    26 күн бұрын

    ​@@tooltalkThe US can't compete . Notice how that lady interviewer said its good for the US to subsidize our auto industries but China is bad for subsidizing their auto industries and its over capacity.

  • @lot2352
    @lot235221 күн бұрын

    There is no over build of EV, it is over price.

  • @126514sg
    @126514sg24 күн бұрын

    40k to 80k for a car Americans needs fear pricing

  • @Baz.007
    @Baz.007Күн бұрын

    Tariffs on cheap Chinese high quality EV. Lose lose proposition for US consumers (higher vehicle price) and for US car makers (less incentive to properly make decent cars economically).

  • @jerryfish09
    @jerryfish0917 күн бұрын

    US government already subsidize the US car companies heavily! They use the money to buy back their shares! 😂

  • @rjplaystatio7174
    @rjplaystatio717427 күн бұрын

    hes right on one side about ppl being accustomed to large loans at no interest and wanting BIG suvs and luxury cars but its the wrong idea to switch to hybrid and just keeping cars prices high and changing finance options. we need to do what we did when japan came to america with there cheaper to operate smaller cars and just go back to basics. we dont need massive touch screen wars and fat complex rims and luxury materials in our daily commuters that get no range. people want cheap to operate daily vehicles that look unique style wise but arnt full of crap inside. if some applied lotus's mantra of "lightness" to an suv i bet itd sell like hot cakes

  • @belincentgidke4536
    @belincentgidke453626 күн бұрын

    Battery costs in the US are a lot higher than they are in China. Prices are not yet low enough makes EVs in the US to sell at $20k.

  • @richardcarrillo6164
    @richardcarrillo616424 күн бұрын

    We let Japanese and Korean cars in. They are better made than American cars. American companies stepped up and kind of improved. At one competition is a good thing. If American cars can't compete maybe they should close.

  • @jimmyz5831
    @jimmyz583127 күн бұрын

    Europe may choose to side with china cuz they love cheap small cars and then the US is done. BTW Polestar and Volvo are chinese. Do they get tariffs?

  • @fatdoi003

    @fatdoi003

    24 күн бұрын

    eventually EU will negotiate with China to open Chinese EV and battery factories in Europe as joint ventures

  • @tooltalk

    @tooltalk

    21 күн бұрын

    The EU is about to smack China with a punitive tariff of their own sometime next 2 weeks..

  • @BatCountryAdventures

    @BatCountryAdventures

    17 күн бұрын

    ​@@fatdoi003You mean like Hungary?

  • @user-me2dy6ct4z
    @user-me2dy6ct4z11 күн бұрын

    Because the Americans like the old traditional vehicles, don't like to upgrade to the new smart cars

  • @johnnyq4260
    @johnnyq426014 күн бұрын

    We Americans like things expensive. We are suckers.

  • @user-cr5il4wz8d
    @user-cr5il4wz8d25 күн бұрын

    Give me that 10k ev car anytime over a 60k US over rated and over price bs

  • @BatCountryAdventures
    @BatCountryAdventures17 күн бұрын

    So in the meantime, how will US curb its personal transport emission? Will people drive their ICE less and walk/cycle more? Will there be new public transport being built?

  • @TechFollower
    @TechFollower20 күн бұрын

    All companies should focus on make cheap basic affordable entry level ev, hybrid cars...if they really want to make it big in USA market

  • @hansolo8225
    @hansolo822527 күн бұрын

    It takes several years from concept to production.

  • @mchammer3927
    @mchammer39279 күн бұрын

    Gm has been saleing cars in China for A long ..... Why can't they sell Chinese cars here. ???

  • @hullopillow4853
    @hullopillow485312 күн бұрын

    US automakers are generally no longer competitors to the likes of BYD. They are nowhere to be found on the playing field even.

  • @davidford3073
    @davidford307313 сағат бұрын

    20k for china e.v vs 40k for USA ………hmmmmmm!!!!

  • @neilsonlee3334
    @neilsonlee333427 күн бұрын

    It’s not customer does not want EV, its the deficient underlying infrastructure (fast charging station, battery swapping) that is giving people the pause.

  • @vegamoonlight

    @vegamoonlight

    26 күн бұрын

    and Chinese EV makers coming to the US have to factor that.

  • @trails3597
    @trails359724 күн бұрын

    BYD just had another bunch EVs catch fire at one of their dealerships a few days ago. The 10th such fire in the last 5 years, plus one at their factory. I've never heard of that at Tesla, ever!

  • @jackychen5578

    @jackychen5578

    6 күн бұрын

    特斯拉也很多

  • @Fightback2023
    @Fightback20239 күн бұрын

    I would still buy a Chinese BYD $14000 car has 2500 km range even with 300% tariff.

  • @brentostrander9410
    @brentostrander941025 күн бұрын

    The batteries cost almost 20k.

  • @clarkl7027
    @clarkl70272 күн бұрын

    Ban it when you can't win the competition

  • @mariajones8304
    @mariajones83044 күн бұрын

    You need to impose tariffs on Chinese products and at the same time subsidies USA products. Since that is what China doing… You have to push back and get trade agreements with friendly countries and not give any benefits to countries like China and Russia. World is different today so adjust and protect your interests

  • @tacticalplayer6337
    @tacticalplayer633724 күн бұрын

    Anyone else just want to buy the 4 cylinder foton chinese trucks that are in mexico? Would be great for saving gas and if you needed to tow heavy just buy a local V8 truck for the day that occurs

  • @ItsDeffoChris
    @ItsDeffoChris18 күн бұрын

    100% tariff, they still undercut the competition. The US has been slow or sometimes hostile on green tech, so China will offer that and eat their lunch.

  • @TAL142
    @TAL14226 күн бұрын

    Many countries can use solar or other renewable energy to generate electricity. It is cheaper and cleaner. That is another area China can help. Chinese EVs will create new car market. Don't forget China car market is biggest car market in the world. And less than 4.9% of Chinese cars are EVs despite all the growth.

  • @thiritung5331
    @thiritung533124 күн бұрын

    The American market is insignificant for Chinese EVS manufacturers

  • @khaidirabdulmajid6151
    @khaidirabdulmajid61515 күн бұрын

    The US is the new India - Protectionism is the default policy instead of Competition

  • @professorprofessorson8795
    @professorprofessorson87959 күн бұрын

    There needs to be a law that only American cars can be bought or go to jail

  • @PeterSedesse
    @PeterSedesse21 күн бұрын

    This ends the same way it ended with Japanese and Korean cars in the 80-90s. They build factories in the USA that produce just enough of the car to qualify as an american built car. The Nissan Versa is a decent car, built in the USA, and costs $16,000. But the real breakthrough for US built EVs is going to be the transition to sodium based batteries. There are already chinese vehicles being built with sodium batteries and we are seeing US based companies going into full sodium battery production. Lithium supply chain is a big reason Chinese EVs are so cheap.

  • @tooltalk

    @tooltalk

    21 күн бұрын

    except that the Chinese won't get access to the US market. Also remember the US is the largest oil producer now and never have to worry about crazy high oil price that allowed Japan's compact vehicles to dominate. Sodium is not yet mature and still has too many hurdles, including the falling lithium price, to be used in EVs.

  • @irvinglee9125
    @irvinglee91256 күн бұрын

    Where are the environmentalist who should be complaining about these tariffs?

  • @zztissue8159
    @zztissue815921 күн бұрын

    I don’t want a hybrid for the sake of a hybrid. I want a hybrid cause EV’s are too goddamn expensive. I’d take a Chinese EV anyday!

  • @danpatterson8009
    @danpatterson8009Күн бұрын

    I wouldn't consider buying a Chinese EV unless the manufacturer has tens of millions in tangible assets in the United States. That way, if I get hurt because the car was defective and I get a judgment against the manufacturer, there is at least a possibility that I can collect. Actually, I wouldn't give my business to China in the first place.

  • @vlhc4642
    @vlhc464216 күн бұрын

    The only reason you'd put per-emptive tariffs of 100% is if you know with certainty nobody will buy an American car if they can buy a Chinese car. Pathetic and sad

  • @thomaskim5008
    @thomaskim500822 күн бұрын

    The problems are us auto makers and customers.

  • @user-lr8zd6yl8m
    @user-lr8zd6yl8m26 күн бұрын

    Chinese EVs getting great reviews,BYD seagull,$us11000.Whats a great bargain,shopping like a billionaire.

  • @hewittzhong
    @hewittzhong15 күн бұрын

    US attitude has lost , simple

  • @Blankarte
    @Blankarte12 күн бұрын

    Please don't put American CEO's humble income at risk! 😢

  • @hanswurst1724
    @hanswurst172421 күн бұрын

    If foreign brands are a threat then there should be more concern on Toyotas or hunydais or Kia’s which are all around

  • @the_manofculture
    @the_manofculture2 күн бұрын

    First, they laughed at Chinese cars, now they are AFRAID of Chinese cars. LMAOOOOOOOOOOOOOO

  • @TelpPov
    @TelpPov20 күн бұрын

    The main stream EVs in China are so good at their price point it will wipe out Detroit and Japanese competition

  • @a2-bm6vo
    @a2-bm6vo7 күн бұрын

    Shame on USA, they can't bear to see some other country moving ahead in terms of technology.

  • @hi9580
    @hi958022 күн бұрын

    Just put 100% tariff on all Chinese cars, doesn't matter if they come new from China or second hand from Mexico.

  • @zacksmith5644

    @zacksmith5644

    22 күн бұрын

    Why ? Also tariffs carry penalties

  • @morbid747

    @morbid747

    21 күн бұрын

    I doubt China care at all. They don't sell EV in US.

  • @arvykins9616

    @arvykins9616

    15 күн бұрын

    Do you work for an US automaker? Why do you want to block Chinese cars that are safer, higher quality, higher tech, AND only 1/2 or 1/3 of price of US-made cars. Its like you want to block iphones that sells for 200 bucks so US companies can keep selling 500 dollar flip phones.

  • @destroyerofsimps6574

    @destroyerofsimps6574

    11 күн бұрын

    @@arvykins9616 Not safer there's videos of Chinese made cars blowing up. I hear that in Russia they don't want them anymore because they are not reliable. Sure they look nice and are high tech but i'll take a toyota over an unreliable unsafe Chinese car.

  • @Brian-cs2tr
    @Brian-cs2tr24 күн бұрын

    Don't expect a dealership guy to side with Tesla

  • @klarkewang
    @klarkewang17 күн бұрын

    so no more open market when you cant compete lmao.

  • @soyuz281
    @soyuz28126 күн бұрын

    Dealer's business model cannot make enough ancillary profit from EV. That's why they are telling car makers not grow EV production.

  • @raylee5030
    @raylee50303 күн бұрын

    Instead of$100+ billions for Ukraine and $20 billion for Israel, we could have a supply chain.

  • @chappellesfan
    @chappellesfanКүн бұрын

    They want EVs to be the standard, but make wildly expensive EVs thinking that people can afford them… IN THIS ECONOMY!?! 🤣 bring on the Chinese EVs

  • @captiantim1
    @captiantim120 күн бұрын

    Economy war , where is my cheap ev at 😮

  • @kundixue3
    @kundixue324 күн бұрын

    A more important question is, "Can America navigate around the EV tariff". We are ignoring consumers, and favoring protecting domestic EV market for the manufacturers, and auto workers. How long does domestic car industry need to catch up? It's not like nobody heard about EV. Tesla, with the best and the brightest, a head start, we still need to sacrifice consumer interest to leave a domestic sandbox for the howeveryouwanttodescrobethem. America need better systems, current political system is turning most people off. Too much corruptions. It's being manipulated by interest groups, parties, and career politicians at every turn. They are colluding irrespective of America success.

  • @fabiorestrepo6494
    @fabiorestrepo649419 күн бұрын

    I want one, but tax free

  • @gastronomistmd5078
    @gastronomistmd507821 күн бұрын

    When the tidings are in your favor, you CROAK “ FREE MARKET” .. when it is not in your favor you have to say this and that… . . Fundamental are we a competitive free marketing

  • @lynnkurumaji2478
    @lynnkurumaji247826 күн бұрын

    eliminate requirement to purchase EV, no need for EV tariffs. EV sales would drop to near zero.Very few car buyers today want EV"s. In fact used EV's are just collecting dust on lots across the US

  • @roylappin4491
    @roylappin449120 күн бұрын

    Just like the 25% chicken tax on small trucks the consumer ends up getting screwed. The manufacturers did not adjust to compete they just delayed and screwed the consumer.

  • @tooltalk

    @tooltalk

    19 күн бұрын

    Has Europe opened up its poultry market to the US chicken export yet?

  • @jeffreysetapak
    @jeffreysetapak24 күн бұрын

    It always backfires. Nothing new.

  • @xiaoyunchen8337
    @xiaoyunchen833720 күн бұрын

    i want to buy a BYD!!!

  • @pbworld7858
    @pbworld785816 күн бұрын

    Is it any surprise that it was America that came up with Tonya Harding?

  • @jeremytine

    @jeremytine

    9 күн бұрын

    is it not surprising CCP came up with Tienanmen Square?

  • @pbworld7858

    @pbworld7858

    9 күн бұрын

    @@jeremytine Is it not surprising so many people believe in CNN propaganda?

  • @jeremytine

    @jeremytine

    9 күн бұрын

    @@pbworld7858 Is it not surprising so many people believe in CGTN propaganda? kzread.info/dash/bejne/hWeG3K2ElrHRhM4.html

  • @gamaigia9270
    @gamaigia927015 күн бұрын

    When Biden signed off the tariff hike he thought he is smart.

  • @dj69321
    @dj69321Күн бұрын

    Who else is watching this because they want to buy a BYD in Mexico and drive it home to the a States? 😂

  • @pjeverly
    @pjeverly26 күн бұрын

    Why is the US forcing itself to buy EV's all of a sudden? The Chinese position in raw materials is very well known. Making electric motors is much simpler with lower labor costs and the entire battery infrastructure in China already. Who thought this through? Pushing the scenario forward, the US companies will simply go bankrupt because of the mandate and the Chinese will come in and buy the brands. The UAW will be gone and so will the US auto industry. It will happen in Europe as well. All because of government mandates.