Automakers producing 18M more vehicles than consumers can buy in China
Automakers producing 18M more vehicles than consumers can buy in China
👇👇 Buy something and support The Electric Viking Store 👇👇
shop.theelectricviking.com/
Size guide and other help for the store 👇
theelectricviking.com/the-ele...
🔔 Subscribe and hit the notification bell! ► / @electricviking
Join me on Patreon ► / theelectricviking
Join as a member in The Electric Viking KZhead►
/ @electricviking
Members-only videos (see videos before anyone else)►
• Members-only videos
👇 Please donate here for Shanna (Viking's wife) if you can 👇
gofund.me/ef6650d7
See what happened to Shanna:
• Stage 4 can go to hell...
The Electric Viking on other platforms:
Rumble ► rumble.com/c/TheElectricViking
Facebook page ► / theelectricvikingfb
Facebook group ► / theevfbgroup
Twitter ► / theevking
Instagram ► / theelectricvking
Pinterest ► / theelectricviking
Telegram ► t.me/theelectricviking
TikTok ► / theelectricviking
👇 See more about me 👇
• You've been asking; he...
👇 My Bali trip 👇
• I went to Indonesia an...
👇 Video about My Skateboard 👇
• EASIEST & cheapest way...
👇 Subscribe to my kids channel 👇
tinyurl.com/subscribetojackan...
See more videos about Geely:
Geely reveal new Galaxy E5 electric SUV with LFP battery for $20,000
• Geely reveal new Galax...
Geely's Radar RD6 electric ute coming to Australia with 315kW + 500 km range
• Geely's Radar RD6 elec...
Geely exporting NEW Radar RD6 electric ute (truck) with 600HP & 632km range
• Geely exporting NEW Ra...
Geely's EV sales skyrocket 306% in January as it passes BYD & VW
• Geely's EV sales skyro...
Geely's new Zeekr 007 blows away the new Tesla Model 3 & BYD Seal
• Geely's new Zeekr 007 ...
Geely’s Swedish designed Zeekr 007 gets Golden LFP battery & 870km range
• Geely’s Swedish design...
Geely's Game Changing Fire Proof LFP batteries: 500kw charging, 83.7% density
• Geely's Game Changing ...
Geely’s reveal new LEVC L380 electric MPV/Van
• Geely’s reveal new LEV...
Volvo shares tank after Geely sells stock; admits more selling to come
• Volvo shares tank afte...
Geely reveals the Panda Knight electric Mini SUV for $6800
• Geely reveals the Pand...
Geely's Zeekr reveals quad-motor Tesla Model S Plaid rival with 1265hp
• Geely's Zeekr reveals ...
Geely reveal Panda Knight 200km range mini electric SUV for $6800 USD
• Geely reveal Panda Kni...
Geely's electric crossover/wagon with 1,032km range uses new Qilin battery
• Geely's electric cross...
Geely reduce the price of its RD6 electric pickup truck to $20,400
• Geely reduce the price...
Geely's Radar RD6 Electric Pickup Truck on sale for $24,600
• Geely's Radar RD6 Elec...
Cheapest electric pickup (ute) in the world; Geely's Radar RD6
• Cheapest electric pick...
Geely’s Zeekr EV brand bringing 1000km range Tesla Model 3 rival
• Geely’s Zeekr EV brand...
The Zeekr X - a Compact EV Crossover & the brands first global EV
• The Zeekr X - a Compac...
Geely's US IPO values new EV brand Zeekr at over $10 billion USD
• Geely's US IPO values ...
Geely's Radar RD6 Electric Pickup Truck on sale for $24,600
• Geely's Radar RD6 Elec...
Cheapest electric pickup (ute) in the world; Geely's Radar RD6
• Cheapest electric pick...
Geely's NEW global market EV has 1000km range & 600kw charging
• Geely's NEW global mar...
Geely got it wrong; COMPLETELY changes its 2023 EV strategy
• Geely got it wrong; CO...
Geely release NEW electric SUV; 400 km range, $14,000
• Geely release NEW elec...
NEW Geely (Volvo) EV launched: $15k with 400km range!?
• NEW Geely (Volvo) EV l...
Geely's NEW global electric pickup truck (ute) looks RAD!
• Geely's NEW global ele...
#geely #zeekr #china #consumer #evnews
👇Reference to the news/charts & videos used in this video:
www.carscoops.com/2024/05/why...
This channel may use some copyrighted materials without specific authorization of the owner; but content used here falls under the “Fair Use” Copyright Disclaimer under Section 107 of the Copyright Act 1976.
Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
Contact us for any copyright issues. If you want a credit of any footage we are using, please let us know.
Website: theelectricviking.com/contact/
Email: contact@theelectricviking.com
ASEAN alone will gobble that up! 😊 Happy to take it cheap here in the Philippines
👋👋👋👍👍👍
23 million vehicles sold from a capacity of 40 million means a 60% utilisation, which is kind of normal if you consider that legacy manufacturers are utilizing only 50% of their capacity as reported. Capacity is not production.
18M more than their own consumers doesn't mean 18M overcapacity.
Doesn't it? Please explain.
Given the fact that the USA has 982 vehicles per 1,000 people China with its 238 per 1,000 definitely has a lot of room to grow...and to make people of the entire global South having more cars per 1,000 people, too.
@@tdn4773Easy: USA: 982 vehicles per 1,000 people. China: 238 vehicles per 1,000 people. The car markets of western Europe and the USA are saturated - they can only replace their ICEs with BEVs - bit jo more growth. In China on the other hand the ICEs get replaced + the car market grows...meaning a lot of BEVs aren't a replacement.
Absolutely correct. I do not mind it getting it cheap in my country!
@@tdn4773 Africa, Latin America, South East Asia ..... 6 billion people .... enough?
*OMG not "over capacity" again*
Exactly. There are 7 billion outside of the G7 so even if none of the G7 imported Chinese cars 18m is a great start and not enough for the world to transition to EVs instead of ICE!
Ship it to Canada I will buy it
Sell it to South East Asia first please! I want it first too. We are nearer than Canada.
You mean countries aren't allowed to export anything?
Capacity does not mean production. Lordstown had a capacity 150,000 a year but actually made 1000. Most factories do not even operate close to capacity. The whole concept of a free market mean that companies will not know exactly how cars they will sell or the capacity they will need. And not all companies will survive or its capacity convertible to production.
bingo
I am surprised you didn't make a trip to the Beijing Auto Show since you are covering EVs. The range and design are mindboggling when I saw clips on other channels.
the typical sitting in their room to do research on something 10 thousand miles away from them.
He just regurgitates information from other sources and pumps out opinion pieces 24/7.
This is not about North America and Europe. Have you heard of BRI and global south. That is where China is going. The Japanese and Germans have dominated the world car industry for decades why can't the Chinese do it now, with more affordable cars.
Exactly! Chinese can subsidize African consumers and can build a charging stations network in Africa!
@@plau2007Sth Africa has little electricity, daily blackouts of up to 6 hrs duration are quite common.
The global EV infrastructure simply isn't there for these many cars right now
@@robertfonovic3551 perfect for China's money! After all South Africa is part of BRICS.
@@100c0c Again, this is not for Americans and Europeans, who don't want to build the infrastructure. China is already helping Africa build the infrastructure.
South America, Caribbean, Africa, South Asia and Middle East Markets are open and ripe for *CHYYYNA!!! CHYYYNA!!! CHYYYNA!!!*
ASEAN, LATAM, and West Asia are the markets. India + North America + EU will be too restrictive. So 41+% (and even more as Indian market grows) of global market are restrictive for Chinese EVs.
@@100c0cso Africa doesn't count? Or other countries without an domestic car maker like Australia or NZ? Including China you might be looking at 70%
Every consumer is thirsty for CHYYNA EVs. Do not want to even miss a Y! oops bYd
Awesome, just like their empty cities, this has to come crashing down very hard.
This is what happens when market conditions do not drive business decisions - but political decisions. There will have to be a consolidation of Chinese manufacturers.
their empty cities are filling up... lol they built before the demand not after
But but but you said sale was up 117%
Evs are up, Ice are down
Spoke Startrek : Illogical!
overcapacity yelling on overcapacity😂
Countries without a car industry to protect are going to get bargains, and no-one else will be able - or want to - compete, until that consolidation is over ( or China goes bust).
That's basically almost every country
Correct ! They will be happy to be subsidized by the Chinese government!
@@larryc1616 The global EV market unwelcome to China is like 41% of the current world car market, and will increase as the Indian market grows. ASEAN, LATAM and South America can only consume so much.
Here in Australia, the Peugeot e2008 just received a massive 25k AUD discount, or about 30-35%. Competition is great for consumers and great for our battle against climate change.
Yes..can export all to any Left hand drive countries that want cheaper ICE cars...no worries...central Asia, latin Americas, Africa.
Temu of responsible reporting. Cringe worthy.
18 million for export! No one has an ev yet… Let them in!!!🎉
I want a 10k byd seagull here in California -7500 fed tax credit for 2500! NOW!!!
@@larryc1616If Americans want EVs they first must start mining. Otherwise they will drive ICE.
@@larryc1616 Your habits are not worth killing the domestic auto industry.
@@larryc1616 Do you understand what the Chinese auto industry and Chinese government want to do to the global car market
Vehicles per 1,000 citizens: USA: 982 China: 238 A lot of room for car-owner growth in China. Not so much in the USA and Western Europe.
I suspect that countries that don't have their own automobile industry, would accept affordable car imports from China. For EVs, a charging network might be needed...or not. I think that people overestimate how much road tripping gets done, and how much of that is done in the city roundabout used for daily life, as opposed to a bigger rental, or a bus or train.
Sounds like a bubble and bubbles eventually burst. Isn't there an attempt to match supply with demand !? Even though I own 2 EV's in the US, sounds like EV adoption is stalling. Tesla layoffs don't help the narrative.
😂 no that's not a bubble.
This changes Everything. Sorry wrong Sam video 😂😂
Only for the un-educated people like "your kind"
No problem, the Chinese will sell those cars to the robots they'll build 😂
lol not even chinese want electric cars if you actually read complaining no part support repairs and insurance too high they just want to offload all this junk laying around in china everywhere else get it off their hands.
Actually, the trend in auto manufacturing is the robots that BUILD them!
@jaaklucas1329 Really? But it's not just robots. It's AI. As unemployed human workers won't have the money to buy cars anyway, maybe the robots will have unions, cars, and families.
@@dirkvornholt2507 To quote a brilliant modern engineer"I dont want to be the one who builds the robots,I want to be the one who builds the robots that builds the robots...
@jaaklucas1329 Don't worry, the robots will build those robots.
There is also a huge glut of unoccupied apartments and homes in China. The built the Olympic facilities in record time. Sometimes they over do it.
Every empty apartment can buy an EV! Problem solved .
most of those empty cities china built are now filled with people.
So what, they can afford it. Anyway it does not affect me so why bother with what they do with their own. Sell me the apartments cheap and i can buy it as my second holiday home.
@@plau2007 Problem NOT solved. Every fool has already bought an empty apartment. There aren't any greater fools left, and prices are crashing. Selling is very difficult, and who wants to take huge losses. Many apartments still have huge mortgages on them. And in China, you are still personally responsible for the mortgage even if you go bankrupt, or sell for less than you bought.
Having more is better then not having enough. Look at Australia's housing problem. All the younger generation are leaving and rent is sky high.
I see a lot of EVs going to South America, Australia, New Zealand and Malaysia. India, no. Any other takers? EU? UK?
More and more cheaper please.
This is part of a trend where the price of goods keeps falling to the point where money becomes an archaic museum oddity.
These are the consequences of Chinese subsidies, that transfer spending power from the household sector to producers. It's an unhealthy economy and requires fundamental reorientation to domestic consumption
spot on!
So don’t manufacture,invest or save but spend? Yeah that’s certainly how you get rich…🤣🤣🤣🤣
Elon will buy the 18 million, convert them to self drive and sell them to Ukraine, which will use them as kamakazi drones.
Shhhh.. 🤫
cos when tesla was producing these, they never called it overcapacity, even layed down and spread there legs to allow tesla in...
lol 😂
Oversupply of cars Oversupply of housing. Population crashing. 😮😮😮
Serpentza commented on this ages ago. He lived there for 14 years.
This "100% factual" report still sounds like an opinion piece short on actual facts.
Consumers are the ultimate winner, if the politicians allow it. Japan has the punitive registration costs for cars over 2 years old, in order to support it's own auto industry. This has been going in for decades, yet no one batted an eye. The West is placing tariffs on Chinese imports.....Consumers are the losers when politicians manipulate the supposed free market. Thanks Sam, another eye-opening video.
Forget about panel gaps, Fine Corinthian Leather, aroma diffusers... Safety is #1!
This is an excellent information.
Capacity is not production so it’s doesn’t make any sense to say that there is oversupply because demand is lower than production “capacity” since production “capacity” doesn’t equal actual production.
better make car than use this capacity to make weaponry
Wow definitely concur. Just love your point here.
Seeing more Chinese EVs in my local area, BYD Seal, BYD Dolphin, Tesla Model 3 and Model Y and the ORA.
China customers can buy 2 million ev per month not including export in 2023.
This won’t end well without a corresponding EV infrastructure (chargers, service centers, spare parts, etc.) build out as well. I don’t see that happening with a large number of these EV manufacturers going out of business. Besides making more EVs than the economy can absorb they’re way too many EV manufacturers.
Almost everything you buy in USA is made in China. However, for the single most expensive consumer item you will buy, your government forces to pay three times what it would cost if you could buy it from China.
A Tesla LR Model Y AWD costs $40,347 (USD) in China. The same car in the US costs $40,490 after the $7,500 tax credit (at POS). If the majority of the Chinese EVs were not 1) subsidized the the Chinese Government and 2) selling at a significant loss (unlike Tesla) they wouldn't look so inexpensive.
@@RyoshiKuraOka Tesla is a luxury brand. I would like to have the option to buy a cheap crappy car if I want just like I can buy a cheap crappy phone or cheap crappy blender.
US has auto safety standards; Chinese cars don't, even if they claim they do.
@@dzcav3 Yes we are so lucky the Constitution grants the government the power to guarantee the safety of all the citizens.
@@sdickinson5234 China-made EV fires are great for outdoor BBQ!!😂😂
SEA needs more EVs.
Yes, I need one with quality urgently.
Most countries who have a large automobile industry are not going to let them disappear because of cheap Chinese subsidized imports. I would expect that the US, EU and maybe even Canada to put on heavy import duties, leading to a trade war, or, tip China over the edge into a recession.
Thanks!
23 million is the number of 2013, the recent number is 30+ million.
China car market is over 32 million cars a year. And the market expects to grow to 40 million in the next 5 years. Any factory will plan ahead of the forecast demand.
The chicken tax has been around since the 1960's. Just build in us.
RoRo ship can deliver 7000 to 10000 cars per trip. 18 million cars required thousands of RoRo ships. RoRo ships cannot cope up with delivery so new cars are piling up at port pending shipment.
Total global car build 2023 was 91 million.
Only foolish businessmans would try to eat more than he can chew.
This is the trend of the last decade go big or go home and nobody wants to go home.
All cars are built to order, China style. Purchaser pay advance deposit and full payment before delivery.
@@BrandyHeng007 China-made EVs are a fire hazard 😂
Anyone remember what happened when China subsidized the construction industry? This is round 2 - the auto crash!!! [of course, this is better than building weapons or nukes]
@0:39 This is unprecedented. Let's automate EVERYTHING and skip to abundance! This is the future!
Seems like the main question here is, do the main incumbent automaking regions, US, Europe, Japan, go with heavy protectionism or succumb to Chinese EV makers and Tesla taking vast market share? Perhaps there will be a compromise of allowing Chinese vehicles in these other regions on condition of producing locally (ie, in US, in Europe) in partnership with one of the old incumbents. Basically the reverse of what the game was in China the past few decades (old incumbents from outside China partnering with Chinese automakers to produce in China).
Somehow I doubt the consumer is going to profit much from cheaper cars, be they evs or other. There will just be more taxes, duties, etc. Demand for robot cars will probably rise.
In economics its called overcapacity.
Yes, it is also described as price drop effect.
It’s a propaganda word. Everything manufactured that’s more than the Chinese market uses is overcapacity. It’s our politicians saying don’t export China!!!😡
I think it’s probably a bit of both. I can’t find a channel that gives an honest view on the auto industry. It’s more tribal then politics.
Good for the world.
If that’s the case there will be rationalisation, has there has been with every country that moved into car manufacturing over the ages.
Where was the Chinese government when this capacity was growing past demand?
The CCP owns the car makers in China so the overproduction was international in an effort to force the removal of tarrifs.
Cash for clunkers also cleans up the air
So about 75M cars sold annually with 1.5Billion cars in use globally . Roughly 30M EV in use now … seems 18M is a drop in the bucket against the total potential market for EV cars.
Unfortunately, China-made EVs are a fire hazard and that makes them hard to sell.
Very funny😂
Japan Korea and German all 50% of their capacity are exported …. Is this over capacity?
Viking spreading US buzz words. Funny how that works.
The machine at 6:00 says it all: KUKA.
China owned
No way, how can that be ? Sales are through the roof, right?
We're talking about the CCP, which counterfeits a $23 Casio watch just to make an extra 0.0000001% GDP, so you have to see their intentional over production as an outlier.
Wrong on three levels. First: Vehicles per 1k people: USA: 982 Australia: 782 China: 238 ...the vehicle market in the US and Australia have little to no room for further development. The vehicle market in China is growing...which leads us to... Second: the car market in Asia, Africa, South and Central America as well as in Slavic countries is growing. Third: Educate yourself about how fast the the per capita GDP grows in China...and with that growth the amount of new car owners grows. Your thinking is wrong because you believe China's car market is saturated and every citizen that wants a car already has a car. That's true for the USA and Western Europe...but not for most of the world.
Ok, then what for Germany and Japan 😂 The legacy automaker supporters😂. For, Germany and Japan they export more than china , but they became legacy automaker and Chinese are foe, fuck this reports.
Consolidation destroyed UK car manufacturing, will it work for China or fail again?
Experts? These are internal combustion cars. They are going to be phased out. May be legacy car maker can sell them cheap elsewhere. That is not china problem.
Should sell at cost to S. E. Asian and African countries.
theose are amazing news, that way we can buy good clean cars in latin america, africa, asia, euroasia very good news we are not condemn to buy overpriced crap from whiteland
whiteland 😂😂😂
They wouldn't have so much sitting around if those regions had the economies to absorb their capacity.
@@100c0c the cars are coming, and coming big time, the west does not report that
CCP have discarded healthy market dynamics in so many industries not just the auto industry. They have an addiction to overcapacity fueled by gov’t subsidies and careless planning. The rest of the world have wisen up to this and will not take the excess production and this time most of the capital is not foreign. The reality of market dynamics will impose itself and many Chinese will suffer the consequences.
Sure😂😂😂
Chinese cars represent a small percentage of foreigner cars sold. Since Japanese, Koreans, US, and EU cars are the majority of foreigner why aren't they labelled as "over supply". The double standards of the west is bleedingly obvious. Tell Japanese, Koreans, US, and EU to just make cars for their own companies first anything exported is an "over supply".
Overcapacity is just a propaganda word. What the US is implying is that China isn’t allowed to export. Everything they build that’s not for their own population is overcapacity….😂😂😂😂😂
stupid comment without knowing reality
@@fredericoduvel3092 Overcapacity is an economic term, nothing else. Immature companies and industries specially in commodity products where economies of scale can seriously influence cost have in the past over-invested in capacity believing that will give them an edge over competitors. The problem is that capacity costs capital and capital is not free, specially in times like today. In industries were overcapacity is present participants are incentivized to lower prices (and profits) till the point were some companies fail and exit the market restoring supply and demand balance. Mature industries and companies who have experienced and survived these types of events are keen to keep a eye on this. This is what is happening in China and will have the predicted consequences in due course. The only key factor that can’t be predicted in the involvement of the CCP as it is not guided by market incentives and is capable of distorting market dynamics for a very long time. The costs will still be there but they may be reassign to others sectors.
If byd shave $10k of the seal then I will put one in my driveway.
Which is it? Are the cars piling up in china legacy automakers ice cars that no one wants ? Or are they Chinese made vehicles that other countries want terrifs on?
You can't seriously expect that much clarity from Evans.
The world 🌎🌍🌏 has 8 billions of people. U ash has 330,000,000 citizens. Europe plus allies has 600,000,000 citizens. China is trading with the other 7 billions population around the world. Like in Latin America, Africa Union countries, Middle East countries, Central asia countries and Asian countries. So, what how China overcapacity. ❤❤❤
What about Japan's overcapacity relative to its domestic demand? Not a word then. But with China it's a bad thing. That's just prejudice. Shame on your spin.
I join in. Shame shame.
Thats why China exports all over the World 😂
Over capacity?😅
I know why the democrats changed their mind on the chicken tax. American car makers are failing-leaving China any way. So no loss. This is a deeply worrying reality for legacy manufacturers.
I'd really like to understand why China doesn't just ship a shit-load of those dumped *Internal Combustion Vehicles* that are stored on the Chinese landscape to countries where they would be welcome and literally **give them away**. They would build good will in markets where they've been vying for influence for years while also getting rid of a problem in their own country. Unlike excess apartment buildings, whole fields of otherwise excess ICE vehicles they -can- move.
because those dumped cars are in fact ev's not ice's otherwise those cars would be now in pakistan or india or other asian countries
They can’t as most overseas countries would mean big changes to the car specification for that countries safety and emission rules and huge taxes/tariffs. Most countries wound accept them as it will kill other makers.
Surely these vehicles can be recycled.
Yep, it’s called rust.
Most of the smaller car makers in China just need to close. No one wants their cars and they have limited tech features. A Chinese version of cash for clunkers will be a waste of money just as it was in America 15 years ago
Will happen eventually. Don't worry. Some of these low brands will find poorer market tho. Some will merge and upgrade too. Happend everywhere.
Competition is good. Here in China we anticipated less than 10 brands can survive and that would be enough.
Is this becoming a western msm channel?
There are what 8 billions human. How many cars have China built? Overcapacity i don't think so.
No need for 8 billion, 2 billion would require more EVs.
What will be will be Queen - We Will Rock You (Official Video) Queen Official
"What will be will be"---Que Sera Sera - Doris Day (1956)!!!!!!
Not only that. They are also produced 170 MILLION more Iphones than they can consume. Flooding the world with cheap Iphones. Absolutely horrible. Maybe EU, North America and Australia need to put 200% duties on Iphones. That should solve the problem.
If China has excess capacity to manufacture EVs then there is no reason for ICE cars to be banned sooner than they currently will be. Anyone who continues to wish to poison innocent ‘pedestrians’ by driving an ICE vehicle need to be prosecuted if not buying an EV. The most important ‘human right’ is to remain healthy, ICE vehicles are a dangerous ‘choice’!
They protect their industry, we have to protect ours!!
We build cars there too. We also have several joint ventures...
We have to get rid of fossils, your automakers are slow as fuck, so let the Chinese satisfy your consumer demands if you can’t do it…
you can overproduce too, nobody is stopping you.
latin america , africa, asia in general, we al deserve good cheap cars good thing china is doing lowering pricess in massive scale
#1 car maker and #1 car market is China
Gee,l guess the CCP will have to ship some to the US.
Won't happen in this political climate.
BREAKING NEWS: SAM FINALLY ADMITS CHINA SUBSIDIZES ITS CAR INDUSTRY!!
China needs western buyers. 😊
how many Cars Japan produced? yes same sh*t
Japanese don’t keep building and oversupply their markets….thats why there is demand and prices stay high. Build to the order book. This to me is purely a market share grab subsidised by the ccp. When did politicians ever make good financial decisions by thinking they could control market economies.
No Xpeng vehicles, only worse one...
Its another Evergrande. Building stuff & hoping you can sell them. Its a disaster for all Chinese auto makers & the are all going to struggle. However we are not going to buy their cars. They need to sort themselves out.
Protect your auto industry and you hurt your consumers, making them pay too much for their cars.
Very True. Free market please.
If we Indians refuse to buy these Chinese EVs, there will be excess overcapacity to export to the Rest of the world.
how can a country trade if it can't even fulfill the demand in home country? Isn't that comparative advantage the principle for trade? Don't be ridiculous, Sam!
misleading title...
00:56 - trying to gaslight us doesn't make it better. You know what context is? Let me explain with an example: if you cut off the timeline right after the tides in WW2 turned the USA and Russia would seem like the aggressors who attacked Germany and Japan and invaded them. Only here it isn't the temporal context - but the spatial one: how do you prove your statement that there arent enough people to increase the 238 vehicles per 1,000 Chinese citizens ratio? First if all the anount of car buyers in China is increasing rapidly. Second of all: you cannot believe that the USA always had 938 vehicles per 1,000 citizens. Of course this ratio went closer to 1 (since it is nearly 1,000 cars/1,000 citizens) over time. And that's now happening in China. You definitely do not understand the new dynamic in China but assume China is staying as it was. It's badically you wondering why abhouse is neing built very fast while before there happened near to nothing...which seems like it...but the thorough planning over a long time now leads to a rapid growth of quality and quantity.
-_-_-_ China is building a Goliath of car manufacturing! Your Chinese car will eventually give you a health check every time you drive 😊😊😊
They flooded the harbor in Rotterdam with those Ev's Nobody want's them
Wow. More Tesla layoffs and your channel is still here? How do you explain that? Is anything you say true?
what utter nonsense - this viking is very pro-Washington. Note that not once did he mention the power of the petro-dollar politics in all of his videos.
😂 ahhh, it’s all conspiracies. Thank goodness I don’t ponder on this topic much…so long as the diesel keeps flowing I won’t concern myself too much.
some companies will go bankrupt others will merge