How China produces new EV's faster than anyone else: XPeng, Nio, and BYD vs the legacy carmakers
Chinese carmakers develop new models 30% faster than legacy manufacturers. The Chinese companies are leaner, move faster, and employ software modeling systems to reduce trial-and-error development time and costs.
Chinese carmakers behave more similarly to startup companies in other ways. They develop cars by taking steps in parallel, instead of in a linear fashion.
The systems of management, project development, and innovation that are in evidence in the automaking industry is strikingly similar to how the Chinese approach manufacturing in ALL industries.
Resources and links:
Wall Street Journal, How China is churning out EV's faster than everyone else
www.wsj.com/business/autos/how-china-is-churning-out-evs-faster-than-everyone-else-df316c71
Forbes, Shenzhen is source of 90% of world's electronics
www.forbes.com/sites/wadeshepard/2016/07/14/a-look-inside-shenzhens-high-tech-empire/
As a Christian, I support China, the peacemaker.
So far for all the noise about China spraying water in the south China sea, I haven't heard or seen news of China killing children in Afghanistan or Iraq or Syria or Gaza or Yugoslavia or Ukraine
As a Satanist, I support America, das Ubermensch, das Wehrmacht, das welt fuher
As a human, I support China.
Jesus teaching is essentially socialism. He never advocated organised religion. The Church, the people yes but not as an ideology.
Be careful not to use words such as cxxxxxxxxxx that could trigger the censors.
China is the best run company on earth & America is the best crime syndicate
Godfather is dying…..
China is a factory disguised as a country US is Mafioso disguised as a country
Exactly 👍 👍
corrupt politicians and their master the zionist mafia are the real problem of america, not china or afhanistan
That is succinctly put. The US Congress, American political elites in general, is a criminal syndicate masquerading as the world police.
Do we know, China's ports are clearing the container ship every 45 minutes as compares to conventional 8-9 hours . This are contribution of Huawei autonomous unmanned IR 4.0 .
Kevin has already given his recommendation: collaborate with the Chinese! Do it while the Chinese are still willing to. The window is closing fast, Katherine Tai!
Not quite. They could still call Washington and arrange for another kidnap to be carried out by the 51st state Canada at the transit (not within Canada's territory according to international law) in the Vancouver International Airport, where Canada can kidnap the CFO and/or the daughter of the founder of the company they cannot compete with, and then have the kidnapped victim (the CFO/the daughter of the founder) under house arrest for more than 1,000 days straight. The kidnap really worked. The company whose CFO got kidnapped by Canada spent two years to recover from that effective, though barbaric and despicable, operation by Canada on behest of the US and its president.
@@resnica3557well that’s the rule of law which is lacking in China.
@@gkmail8718 Check your local library for a copy of kidnappers' bible on who to snatch
Saw the interview Raimando with CBS 60 minutes Leslie. In the interview, she revealed her disgust with China's overcapacity because the factory her father worked in for decades moved to China and made him lost his job and made her family poor. Yeah...blame the Chinese not the Capitalist American company. That is the kind of racial prejudice tunnel vision that must be prevalent in the USA.
@@gkmail8718 So kidnapping is legal in Canada? That explains a lot.
In the first quarter of 2024, the sales volume of new energy vehicles in China was 2.09 million, a year-on-year increase of 31.8%.
The US cannot compete with China's speed. 😅
Even in 2024, over 95% Americans do not understand and convince about Chinese speed, they continue to live in denial of facts and reality.
Exactly.
We can if we go back to strategic planning/thinking. It seems like nowadays we only think of stock prices and quarterly earnings. We have to remember we have the ability, infrastructure and drive to innovate but wall street is eating the country from inside out.
@@keinaanabdi6821 how naive, that has always been the case, stock market and all, the root cause of problem is, relentless money printing, and perpetual growth without completion, Anglos always Throw in the towel when it comes to a fair fight! Globalization; WTO is haunting American policy makers now. As they can’t bully them anymore.
nobody knows China speed until they see it and even when you see it and live it, you can't believe China speed. mind blowing
That's the price one pay for laughing, mocking and underestimating someone who's actually smarter, extremely hardworking and adaptable than most. 😮
A dog that barks all the time, vs one that doesn't bark, but bites
Can the US compete with a 5000 year old civilization ?
@@sinic1978 Turkey has some 12000 year old relics Egyptian pyramids are 6000 year old Iraq / Syria have ancient stone tablets that are over 8000 year old Mexico, Guatemala, Honduras have the Incas, Aztec, and other thousands of year old civilizations Stone carvings on Christmas Island reveal a history of many thousands of years Even the Stonehenge on UK are some 6000 years of age Apparently, at those places, their history don't help them What makes the Chinese 5000 year old civilization different ?
@@verypleasantguy and China is still standing 💪
@@verypleasantguya continuing civilization unmatched by any other civilizations in the history of the world. A simple enough answer.
I used to live in the West (the States, Canada, and Europe) for more than 3 decades. I'm very familiar with the Western way of thinking, including work ethics, and such When I moved to China (living there for 2 decades or so) I get to be in touch of how the Chinese live and think and work Now that my son works for Huawei, I know a little bit why Huawei excels in so many areas All in all, the West had it so good for them, for way too long, and they've forgotten about the struggles for life of their ancestors Asking the young people in USA, for example, about the Dust Bowl, 99% give you a blank stare Japan could rise, like the Phoenix rising up from ashes of WW2, and the Korean, from after the Korean war, and the Taiwanese, after the KMT lost the mainland, and what is happening in China right now, testify to the fact that the East Asians haven't been pampering themselves and become complacent It's not the supply chain, not industrialization, not talents, but attitude The East Asians have that attitude that they are going to go for it, at all cost The West simply doesn't have that *_oomph_* anymore
terracotta and great wall ring a bell?no history in the world had the same industrial mind of the same time like chinese and history repeats itself again
The reason why East Asians succeed is because of the culture. Attitude comes from culture.
@@sinic1978 Methinks the other way around --- it's the *_attitude_* that transforms the culture
@@verypleasantguyChinese civilization is agrarian. The culture is based around living as a community. People shaped by such a culture have a must do, can do attitude.
the west are busy figuring out their sex and pronouns ffs!
Legacy auto mfrs have been in China over 30 years now and they have their China partners. They should be able to understand how the Chinese auto industry works. So no excuse that they could not tap the Chinese market. WSJ does not understand China in the same way as McArthur did not know why he lost to the Chinese 70+years ago. Arrogancy and ignorancy are twins.
Bro. It’s not like that. These Western companies were of mind that everybody is like Japan, Japanese did the same to Western Industry but we all know what happened to them ! God bless President Xi. He is man of honor. And integrity. Dignity.
Have you worked for foreign multinational in China? I have and one of the reason they lost is because they are slow and never really see the Chinese as their main market and should dictate how they design their product or run their company. Even unimportant decisions would need to go through the HQ which is somewhere on the other side of the globe. Those ppl in HQ don't get the Chinese and don't trust the Chinese. Even the ppl HQ sent to lead the chinese division don't think like Chinese and sometimes outright despise the country, its people and their own chinese worker. ultimately, communication hindrance, lack of trust and racism slows their decision making and clouds their judgement.
@@turtlesoup8134 they do despise , they even despise their own, this how West has turned out to be, only a nation who hates themselves and despise themselves can hate and destroy rest of the world !
You are right, but Toyota and Honda said a classic saying: traditional fuel vehicles have more jobs and supplier employees, they will not cause these people to lose job opportunities due to the transformation, and traditional fuel vehicles have invested a lot of research and development The cost has not been recovered, which is difficult to explain to the company and shareholders.
@@li-fq5ec well …. they do have recovered a cost and investment as these companies specially Americans have been bailed out at COST of our TAX MONEY not once but many times over. So GM, FORD their Shareholders should be serving time already and those politicians who played with Americans way of life and savings. JAPAN is same these FAMILY OWNED ‘chebols’ as in Korea are BEYOND STATE CONTROL. Europeans are still little better that’s why American Industry hates them !!!
The Chinese are extremely clever. They work smart. They're great strategic thinkers. They're extremely innovative and efficient. Everything that the Americans aren't.
You ought to know there is breath and depth in Chinese thought....because they are trained from young not to be selfish and give consideration to others. That Parallel Projection Management mentioned requires trust too.
Yesterday we saw the bankruptcy of the US charging pile giant. Since its establishment, a total of 18,000 sets of charging piles have been sold. China provides full support for the installation and sales of charging piles. Currently, China has installed more than 9 million charging piles. This is one of the reasons why European and American countries cannot compete with China in the field of electric vehicles. Even now, European and American countries have not realized the importance of charging pile density for the sales and development of electric vehicles.
Biden promised to build 50,000 charging stations when he started. Now after 3.5 years, he had built 7.
@@dice138 He will build the 8th, _any time now_
@@verypleasantguyAnd Trump would take over the baton from thereof…..
@@gkmail8718 Maybe he would build the MAGA version instead
Governments just want to tax the ICE cars more and use EV as an excuse. They'll start to back pedal now...
We can continue to threaten or demonize them, but it seems to me that a better way is to observe what they are doing and adapt.
And invest also…
it's easier to demonize other people when your competitive advantage is telling lies.....
observe all u can, it is a culture things 😅
Do you know all of western gov system is learnt from china? The merit based exam to appoint government officials was the euro settlers learnt in so called Age of Enlightenment(COLONISATION)
nah, the west is too arrogant to do that
no non sense business and economic jargons. macro, micro economic explanations that matter to social wellbeing and development. thank you!
Until recently I was working in China for more than 20 years. China was already building EV charging stations around the country, even in 3rd tier city in 2016 where I eas based...long before EVs become popular. Infrastructure first before the product...
Mr. Walmsley, excellent as usual. Your description of Chinese business processes tracks almost exactly with our Operations Management course at the University of Michigan. How ironic that modern manufacturing operations best practices are being more sedulously promoted 6,600 miles away in Beijing than they are 44 miles away in Detroit. Many of my Michigan MBA classmates were Big Three engineers and managers. We know how to do it, but increasingly we just don’t seem to be able to get the job done. Thanks, again.
as kevin is saying , china has optimied its industrial ecosystem stretching across the entire spectrum. it cant be duplicated. great video.
Americans do not do socialism, too individualistic to do what the entire Chinese industrial Complex is doing. And they are 1.4 billion strong!!!
Well, China have done it so anyone can do it too...but I doubt it.
@@ZhenYae we lack the ability to plan beyond next quarter. we lack much of the resources and really have no will. only interest seems to be in mic.
@@siamcharm7904 The USA is one of the most resource rich countries in the world. .
Request - Please STOP "GLORIFYING" CHINA...Instead...Let the World know, the Inside Reality of a Collapsing China..Thanks
Nice.. I want that new byd.. American made is synonymous with crap
Your government doesn't want you to have it, so, you can't have it. 1984, comes alive !
For the info of non Chinese, there's a saying to the effect of "before you see the coffin you may not want to shed a tear" may be appropriate to those powers who conspire to make China its enemy.
不见黄河心不死 不见棺材不掉泪
If it’s the Chinese style coffin, they may not recognize it😂
Request - Please STOP "GLORIFYING" CHINA...Instead...Let the World know, the Inside Reality of a Collapsing China..Thanks
Having lived my life in both western and eastern cultures, I observed many differences between the two. One which affect the productivity of business is work ethic. I don't mean just working long hours. I feel that western people hate to work under pressure and framework. They want a lot of "freedom". Yes, freedom to call in a sickie, freedom to chat with co-workers while at work, and the kind of "I know better" sort of thing. People in the east live under pressure since young age, and they either don't mind it or are able to cope well. Go to any banks and observe the way those tellers work, give you some insight.
One likes to _talk_ about challenges, while the other finds ways to overcome it
本质来源于农耕文明（儒家）和商业文明（基督教），地理决定两个文明和思维，各有利弊。
I’m really tired of all this. China and US would probably end up in conflict. Which would affect everyone else, I mean. I don’t want them to end up in conflict. I initially found all this interesting and discovering all these, which isn’t usually on the media… since they blurr the reality. Even certain information all over the internet… You’d have to actually research and it was interesting learning all these, including some of the future statistics as long as things go the way it’s meant to. Well, I do want things to go the way it’s already been projected. Because I honestly feel there has to be someone power enough to deter the US government. Imagine trying to forcibly seize a foreign business, that if they don’t sell it to you, you’d remove it from Google, Apple Store, Google store etc. (That’s predatory. You say China is stealing data, then all the US government members also opened TikTok accounts? All that logic doesn’t make sense. Anyone with a bit of sense could easily figure all that out.
You dont have to be sensible to understand these unethical Yankees. US lawmakers from both sides of the aisle are the mother of all hypocrites.
As a gambler, I would bet my chips on China and rake it in.
很多品牌会死掉的，最后只有少数能活下来。 虽然中国长期会继续发展，但是具体投资不一定盈利。 保持理性！
99% of countries esp in western world is working 9am - 5pm Monday to Friday and is talking & implementing 4 days work week. I am not surprised if Chinese official work hour is 8am to 6pm like most workers in Japan and more in China. To the dedicated ones, they may start at 7am to 10pm (15hour day). And they work Monday to Saturday too. That’s 90 hours work week. Of course the Chinese can catch up to anything plus they hve the drive, energy & enthusiasm and most importantly, they are Chinese in China - patriotic. Not like some foreigners working in USA where there is no patriotism.
996 ie working from 9am to 9pm from Monday to Saturday with a day off on Sunday
Usa 955 minus call off
The most informative Chanel in KZhead. There is absolutely no fluff.
Loving these videos. GO NIO. Appreciate your efforts.
this chanel is underrated，thank you for your and the teams hard work
Long live Russia-China friendship!! 中俄友谊万岁！！
I am Chinese, but I do not believe that Russia is a friend of China. I have studied the history of the Eastern Slavs and your Eastern Orthodox culture. Chinese people and Russia cannot be friends at all. Politicians from both countries exploit each other, and since the collapse of the Soviet Union, Russia's sense of national superiority has completely disappeared. The Russian people are very unfriendly to Chinese people working and studying on Russian soil. In addition, since 2000, China's national strength has gradually developed, and you have been abandoned by Westerners. There is no sense of superiority in front of Chinese people. Let you all roar, in my personal opinion. I would rather choose Americans than Russians as friends. The ethnic characteristics caused by your geographical environment are very aggressive
Stop stealing land and resources from Asia's north's native people. Why did most colonial countries give them up by now, but Russia clings to every bit of it?
What about India?
@@franciscochavez1709 India still lives in early 1900's.
the Russian empire stole and taken by force, many times more from the Chinese, than all Europeans and Americans combined.
Thanks for your daily dose of "rude awakening" economics. Unions and worker rights create road blocks and do not provide the employee incentive to progress either. It promotes a lazy culture to a large extent. The Chinese have the resources, work ethic, competitive drive and progressive mindset to succeed. It is results oriented while the west is consumed by red tape bureacracy, indecisiveness and focused on bashing other nations for their failures. It takes an eternity to implement infrastructure projects where i live with countless design revisions and public consults only to blow healthy budget and add to further delays. Drive by any construction site and observe the activities. Too many hands in the cookie jar. Speaks volumes to productivity and direction. We are victims of our own demise. It is no surprise that we are falling further behind.
Brother thank you for another free business education tutorial. I have learned so much from you. Cheers from the Caribbean.
Have you guys worked with Chinese suppliers and American suppliers? I'm going to Shenzhen to get some test equipment which used to be Made in America.
To develop new product , the process is often involved with raw material selection, design modification, new prototype trial run, adaption for a mass production, etc..to be honest, China is faster than others. we tried to move some production to Mexico, it turned out to be a disaster, the leadtime is out of countrol, it takes a week to get a prototype in China, while Mexico needs a month and more, and the cost to get a prototype is 10 time more expensive than what China could offer.
@@serriajohn How can you expect a country which put so much emphasis on *_siesta_* , to one that doesn't know it need to sleep, once in a while ?
@@verypleasantguy The success of a project depends on the control of delivery time. Without this, the project cannot be completed and the cost will increase. I do not care whether people need a noon nap or not, I paid for the outcome within the schedule.
Call Kevin (the host of this video channel) first for consultation.
What kind of test machine?
chinese government has a long plan for everything. They do things fast because there is no bureaucracy or internal infighting interest groups. That is why it can solve 800m poverty stricken people problems within a generation. It is not communism that makes China great great, it is the people who work as a team to achieve their goals supervised bu able leaders and also under capitalistic system, not communism as the US politicians have been talking about for decades.. In fact the CPC is more capitalistic than Americans, The Chinese government is to enrich the people whereas in the US , the government enriches the elites.
Actually, once China started having spectacular economic growth about 30 years ago, Western pundits declared that it had given up communism and become capitalist. They expected to be able to successfully 'democratize' China and run it as another capitalist 3rd-world cheap labour sweatshop. Then things went wrong, especially when Xi Jinping took power. Now the pundits say it's a "state capitalist" country, or that Xi is going back to the old communist ways.
@@MrStevemur Comparing the two is like comparing a kindergarten toddler with one with couples of PhD degrees
@@verypleasantguy something I learnt, American politicians don't care if what they're saying is right or not. They only need one person or channel to buy into the lie and the rest is history. Sh!t just spreads like wild syphilis once let lose The average American will run with it even if shown evidence contrary to what they believe. How many bought into the debt trap, only to find out it's America that's keeping third world countries down with their debt trap.
Two huge reasons Chinese companies produce new products at low cost 1… infrastructure costs are lower (including insurance, legal, electricity, transportation, labor, etc). Note, lower infrastructure costs have a ripple effect, multiplying the benefit. Although labor rates are lower in China, so is the cost of living, thereby allowing low paid workers to afford EVs, university tuition, food, etc. 2… Wall Street investors and corporate management treat the company as their piggy bank and take money out instead of reinvesting income back into the company … company paid jet for the CEO, huge payouts to CEOs even when they damage the company. eg Boeing’s CEO is getting $30 million golden parachute after wrecking their reputation and becoming unprofitable. Also Wall Street investors demand companies cut expenses such as by subcontracting out to lowest bidders & eliminating R&D and instead use the money to do stock buybacks. Stock buybacks temporarily boost stock prices which justifies huge bonuses for the CEO and for Wall Street fund managers, but sacrifice the company’s future.
Efficiency, diligence, discipline, hard work, pride in work, those are the ingredients.
I do love the serene little bits of footage at the end of these vids! Leaves on a nice and positive note!
Meritocracy VS Lobbiest!
China super computers 天河 are providing utilization services for testing and simulation operations globally on leasing basis.
Great job on presentation and analysis. Head and shoulders above other YT channels.
It looks like the US needs to work harder on sanctioning.
couldn't agree more! 🤣🤣🤣🤣🤣🤣🤣🤣🤣
@@user-zo1gd3zd1l I vote for *_EVEN MORE SANCTIONS_*_ !!!!_
Ya, United Sanction of America 😂
It is the only ammo they have left, sadly.
That's why the u.s. has a problem. Losers!
As you already know Volvo is a Chain's company now days and Tesla has 50% of its production in Shanghai and probably 80% of Teslas profits are generated in Shanghai Then you missed out on Huawei and Xiaomi, phone companies that now produces cars, Xiaomi produces a car in 76 seconds kzhead.info/sun/rMmzgpGlf2Noq6s/bejne.htmlsi=6Gt-0GCuJhIRRoy1
Your homework is impressive Jerry And your delivery is a delight Are you sure you are not wasting your talent?
Enjoy the week too, Kevin. And I think you need a little break. That scene of the ancient arch bridge over the stream seems like a nice place to relax. There are many such serene, beautiful, inspiring places in China - as you know. Maybe you should share a little bit of China's history and scenery, as well as the thoughtful and well-researched ideas you usually offer. That history tells a lot about the people who are responsible for the business developments you report on.
There's a new concert venue somewhere in Manchester which they had hoped to open in the next few days. Then the developer called a halt to the opening because it was "not ready"! Sounds familiar? HS2 was launched with much fanfare and braggadocio. What happened? Hahahaha! 😂😂😂. Now it's HS0.5.
Their as been a lot of corruption with the hs2 which it looks like as been covered up , I wonder if Stephenson and Brunel had chinese ancestors
Imagine the corruption in China that gave the Chinese people thousand kilometres of HSR. @@martinwilby8942
You know who hadn't seen these videos? Peter Zeihan. LOL
How about Kevin invites PZ as a guest ?
@@verypleasantguy I like that idea.
@@ftboomer1 Kevin, if you're reading this, give it a thought. Thanks !
Even if he has seen this vid, he won’t change his conclusions. Same with GC. Or the 2 loverbois.
Attitude, diligence and culture are nurtured from a very young age in China and S.E Asia especially in the Chinese family upbringing...yesterday, today and tomorrow. ❤
去掉东南亚，东亚是儒家文明（来自中国），此外日本最不像儒家，它是神道教等级制度。
Jig is up for western auto manufacturing and as our host said foe everything else as well.
When you chose the path of war, don't expect those that chose the path of developement to wait for you to catch up.
Thank you for your videos, have a good weekend!
Now let's consider something. What if China turn this industrial efficiency and prowess into military production. With the kind of quick iteration and innovation that you can imagine. We are going to witness the greatest display of industrial might the world has ever seen since circa 1944. Right now they are spending around 1.7% of GDP on defense versus the US at 3.4% of GDP. Imagine they unleash that total 30% of the world's industrial capacity towards a singular purpose. That would be a truly awesome sight of "overcapacity". Probably not for the ones on the opposite side getting steamrolled, of course. Best we all work to prevent that scenario from happening.
When US makes a profit by printing money, the manufacturing industry becomes very hard and unattractive.
Many people in the West insist that they only oppose the CCP and not the Chinese people. However, if China chooses the political system of the United States, nationalism will rule China, and the United States will face a country whose population, land, and industrial scale are 10 times larger than Germany during World War II. The Chinese people have never forgotten the humiliation brought by the West in history.
Thanks
We are told that capitalism runs on the incentive for profit. The big auto manufacturer GM turns obligation for health care over to the unions. Then it outsources labor to Mexico for $7 per hour. The quest for profit is further placated by lending money at interest. Hence, the GMAC credit card... Why should GM even make cars anymore?
It's not just EV's. As stated previously on this channel, China has a method for achieving market dominance in any sector. In many ways, it resembles Japan, but in many important ways, it doesn't. There is that whole "gold rush" aspect which is both exhilarating and frightening. There are just so many companies. The level of internal competition is intense. It drives out the slow, lazy, and incompetent. No other country has this ecosystem. Scale, infrastructure, and energy supply also play a tremendous role. The US does similar things: subsidize favorites, promote start-ups, and spread propaganda. But the effect is more political retrenchment, lobbying, and legislation.
*_"The US does similar things: subsidize favorites, promote start-ups, and spread propaganda"_* In the US, all students have to recite the *_Pledge of Allegiance_* at the start of every single school day That's the one thing China doesn't do, brain-washing the kids
In fact, China has never subsidized automobile manufacturers as the United States subsidized General Motors. The number of automobile manufacturers in China is much larger than that in the United States, so any manufacturer is not so important (even if it goes bankrupt, it won't have much impact). To put it simply, the competition in China's domestic automobile market is fiercer and more cruel than anywhere else. Such an environment naturally produces the strongest enterprises.
@@amandagrant4331 Truth to be told, China *_DID_* subsidize the EVs, in the form of car purchase rebate, tax rebate to EV manufacturers, and so on. But all that have since been terminated.
Isn't that what high IQ is? A person with IQ of 120 vs a person with IQ of 160. Both can make the same decision and reach the same conclusions. Except the guy with 160 IQ arrives at that decision much faster.
I'm from Malaysia, where there are 3 distinct DNA lineage Result is clear, DNA matters the most
@@verypleasantguyyou must not say the quiet part out loud. The pirate DNA in Malaysia will go mad if you call them out LoL
@@sinic1978 _shhh !!_
@@verypleasantguy ok sorry, I was born in the states. What 3 distinct lineage? Who is the pirate? LOL
@@cabasadefogo9533silence is golden….
Chinese are extremely good at practicing theories in product design (collaborative innovation and engineering) and process optimization (production and logistics).
I’d say its time we in the US cooperate with them. I know they would be more than happy to partner with us. Fighting are for cowards!
Too many racists in the mix. Americans will find it extremely hard to shake off that arrogance and whyte superiority complex. Remember, Michael Keaton in that 80's movie? Look at what happened to Japan after that feel-good movie the Americans are the good guys?
thats a pretty bridge at the end
Wow. The speed is crazy to contemplate. As far as I understand, the 1st generation of new models tend to have more issues. Is it different with Chinese models?
It should be pointed out that the largest athletic footwear brands were the first that created multi-model mass production in the 1980's in the ROC. The use of simulation, supply chain groups and fast production of new designs were achieved long time ago. Somehow ICE car brands did not pick up on these techniques in the 1980's.
Legacy anything has built in systems and bureaucracies. New startups have to invent their own systems and with it comes efficiencies using new tools and ideas on how to manufacture things, ie from robots to software and as you mentioned software design tools that lets you create prototypes quickly using 3-D printers instead of going to the machine shop. Interesting that when the Japanese took over the car market, quality was the thing and the Japanese learned it from an American who the US auto makers ignored. Dr Deming's continuous improvement in quality and just in time production was the rage that American automakers learned from the Japanese. Now it is the Japanese, South Koreans, Europeans, and Americans learning from the Chinese. And----as AI eats into the design and manufacturing of products like autos, things will quicken with the option by the customer to 'custom' order that product. Western politicians think they can save the day by applying sanctions, restrictions, and tariffs against China, but the reality is China has the better horse in the race and the west needs to learn quickly from the Chinese horse or they will continue to lose. Not only in cars, but in manufacturing of all types of products, from autos to ship building and semiconductors, using design tools from AI assisted design to 3-D printers. Also, one thing that BYD excels in is vertical integration. Almost all parts that go into a BYD auto is made by BYD.
as the say goes... if you can't beat them join them. China did that for a long time.
Honda did the unthinkable, it formed a Chinese company, hired Chinese engineers, solicited Chinese suppliers, and developed a new brand in China.
Thanks again.
❤❤Kevin, We 🇺🇸should not be too worried if their model is working well for EVs and other consumer goods, we should be REAL WORRIED when they apply their “model” to building rockets, missiles, aircrafts, naval ships, etc.😨
I wonder if the Chinese methods will ever be in a Harvard case study.
Study whatever way you can, but the implementation requires people of certain quality.
Ever heard of *_"The Art of War"_* ?
West is too proud
they have. forget names of cases.
@@cool-eye3674 You can't say that. After decades of getting the shit kicked out of them, US auto manufacturers adopted the Toyota Just Time and Continuous Improvement manufacturing processes, they finally caught up. The story will be the same this time. US auto manufacturers will get the shit kicked out of them before they are forced to adopt the Chinese method. But first they have to eat humble pie. Unfortunately it is ideologically very difficult for Americans to do this. They have demonized and vilified China too much to accept adopting anything from China.
Here in North America, car designers still use full scale clay models to design cars. When Stars Wars movies were fashionable again, designers modeled cars based on the storm trooper helmet in order to capture the Star Wars demographic (according to the marketing people, apparently, kids who grew up watching star wars movies or playing with star wars toys are now big spenders of cars). What?!! I mean, where is the originality?
You forgot the tariff option. Take the tariff money and give it to western industry as a subsidy. Call it win win. Increase tariffs if imports get too large.
Import inflation is what the Americans need.😊😊
The chinese workers are also very very hardworking....and willing to work harder and longer than any other workers.
In the end these cars are just another consumer electronic product...
I would still prefer redesigned American cars from 80’s and 70’s.
As a westener, this is report is fascinating and frightening. I tend to free with you predictions. The West is lost im a malaise of its own making, pure hubris.
Thanks to conversation with fellow audience, we often forget that American brands GM, FORD, and for Chrysler we have lost the count, how many times they have been bailed out with PUBLIC MONEY, TAX DOLLAR, Just to Keep them Afloat, and competitive ! they once made phenomenal products, Cadillacs, Lincoln, Impalas, Buick, but post 80’s or 90’s they lost the DRIVE to MAKE BETTER PRODUCTS (Cars) and only DRIVE was $$$$.
If anyone has been paying attention to China at all, it’s no surprise at all Chinese EV’s, among others, have gone so fast. China is at a critical transition phase to advanced manufacturing, everything is moving fast in fierce competitions. The West has made an assumption the Chinese ain’t innovative. And fail to realize that what we know of China yesterday doesn’t apply to China today. Sanctions and protections may slow them down a bit, but at what cost? The west will become even more uncompetitive. Let’s compete, as Biden said. However, Biden’s way is let’s tie China’s hand to a foot, then we compete.
Reminds me of the rabiit and the hare story - like the buggs bunny cartoon - lol
That's how China builds aircraft carriers, too.
PLM still has nothing to do with Chinese dominance. These modeling tools and concepts were after all developed in west. 3D Printing. Or ABB. Kuka. Robotics. Chinese have excelled in resource and production supply chains of EV.
byd pumps out new models or refreshes on an insane pace. tesla has not done a full update on their model S in 12 years. all they do are minor tweaks.
The Chinese companies are leaner, move faster, and employ software modeling systems to reduce trial-and-error development time and costs. Yellen will say Chinese are overworked.
They own plenty of rare earth mines which is their advantage
fantastic knoweledge are you sure your parents came from lancashire and not yorkshire
That chart doesn't look like 30% faster -- in the case of BYD it looks like 300% faster.
Someone is a sour grapes. US auto makers can't compete with the competition
As a chinese i support china, but at the same time i want just US to sanction itself by sanctioning china, i know it will be lose lose but china will rise up faster than US.
Moar sanctions, Moar weapons.
Nio is the best electric car company
China has over 400 million cars. Only 13 million are new energy vehicles. I think Chinese cars have smaller profit margins. Yet they are able to make money and provide good services. China EVs got a long way to go before they are overproducing. That is not including the SE Asia, Russia, Africa and Middle East market. EVs have very little maintenance except normal wear and tear like tires and brakes. May be it would be more an issue where countries are intentionally blocking Chinese car companies they can't get the necessary services and updates.
At the back of every Chinese's mind, they can never forget The Hundred Year's Humilation when China was virtually carved up by the Western powers when it weak and poorly governed. Now the Chinese know they must be strong again so that they won't be pushed around and bullied again. The call for the Resurrection of the Chinese People 民族復興 has rallied the entire population who shows tremendous solidarity and dedication to acchieve this national goal.
We often forget that Chinese EV are even bypassing Oil or Fossil Fuel industry. They are also posing a Big challenge to them.
China is the largest oil importer, and it is a very correct choice to bypass the oil industry.
@@amandagrant4331 exactly but more so for geopolitical and strategic reason, then environmental, remember the Smog problem in large Chinese cities, they are doing the right thing while Transitioning !
@@amandagrant4331 exactly, yes they are net-importer ! Which makes them vulnerable to external political machinations, getting rid of that dependence is more important politically,
Biggest challenge of EV market would be reverse supply chain. And 3s services. On par with Toyota. That will probably bring a demise to all big names. As we know who have owned European cars what does it cost to maintain a BMW or Mercedes. After sales service support of EV world is entire new territory, once millions of them have been sold. Supplementary industry would be needed. Which again bring us back ho China. Manufacturing to Recycling Chinese have Choked them like Khabjb.
How China produces new EV's faster. China used technical machines. US used politics and corruption
US is full of hot air, while China is filled with hot ideas
Competition breeds innovation by R&D and CHINA loves business, trades & education. GO CHINA! TEAM CHINA NOW AND FOREVER ALL THE TIME WAY!👍🙏🐲🐉🐼🌏🇨🇳🙂❗️
*EVERYTHING CHINA KNOWS IS DUE TO incredible! superpower! india!* *Incredible! superpower! india! has the greatest and most incredible infrastructure in the whole entire world.* *Incredible! superpower! india! has the longest and most advanced and most modern and greatest bridges in the entire world.* *Incredible! superpower! india! has the longest and most advanced network of expressways in the entire world.* *Incredible! superpower! india! has the most advanced and modern and cleanest cities in the entire world.*
Psycho😂😂
It is better to produce more of the models a company already have than to make new models. the reason to make new models is if you cant expand the sales of the models you already have without having to drop the price to much.
The underlying principle if what is described in this video is that anything new is not much different than what already exists. Beyond the appearance, the functionality is more or less the same across all manufacturers and models so the Consumer is only buying the newness and the style...
Actually if you compare it with Samsung models then you would understand better it’s for different needs and different price range.
@@skydragon23101979 It is cheaper to produce 10mil of one product than to produce 1mil each of 10 different products. It is les complex to do and it also cost way less in development. It is way faster to scale up production of one product. The reason a company is forced to make multiple products is because the consumers have different needs and price points.
@@skydragon23101979 Tesla model Y is great it is the world most sold car and tesla has a 19% profit margin on it. It is such a great car that consumers that normally would preferer a different size, price and type of car choses model Y instead. and those huge volumes makes the production cheaper.
@@kjell744 Tesla sales in china drop drastically lately . Tesla cannot compete against china EV due to focus on one model mass production. Now Tesla is cutting 10% workforce to survive.
What is too your right and left Chinese Agents in these videos. How are you being treated ? Give a few secret winks or signs 😮
中国人向人们展示如何迅速地生产他们的产品。 这就是他们赚钱的方式，也可以向您展示中国人制造产品的方式。 与美国人提倡的许多商业模式相比，中国人可以在很短的时间内大量生产商品，而利润却很少。 不像美国的产品要花一大笔钱才能买到，比如苹果手机、特斯拉和人工智能产品。如果中国人不成功，谁会成功。
There is little argument that for some things, China is doing better than others and in particular applying practices, procedures and methods pioneered in software development in the USA to manufacturing physical product. Before Szhenzhen was recently largely destroyed, it was China's equivalent of Silicon Valley as a tech wonder of the world where an idea could be transformed into a prototype within a day or two. The same ecosystem appears to have been created to support EV manufacturing where the components of vehicles are commoditized and shared. The question though is whether China is producing vehicles that meet stringent safety and quality standards like what is found in the US and North America. We may start to find out with the introduction of the Volvo EX30. Meanwhile, early reports and social media about the SU7 in China aren't going well.
*_"... Szhenzhen was recently largely destroyed ..."_* I stopped reading after the above sentence
The Chinese is helped by aliens! 😅
👍👍✌️🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦➕️😃👏👏👏
Well, well … it’s in the nature of things that garbage can be produced faster and cheaper.
Thank You.
Volvo is owned by Geely, a China auto company that boasts a myriad of brands including Proton, London Cabs, Lotus, Aston Martin, Polestar, Zeekr, Lynk&Co, and of course Geely in China.
Hard & Smart working + Full government support. ps. Roman style.
😂😂😂 Romans brought slaves from Africa and Middle East, and used military power to force tribute. At the same time the Han dynasty also had a "tribute" system - it gave more to its vassals than it received 😂 please don't compare the two, china does things on its own, otherwise Philippines and Japanese would be slaves loooooong ago...
无他，厚积薄发而已