How China is driving the shift to electric vehicles | Transforming Business

The global car manufacturing industry is worth almost 3 trillion dollars. And it's shifting from the traditional combustion engine to high tech electric vehicles. China has taken the lead in providing affordable, "green" possibilities for consumers all over the world. So, are European automakers being left behind?

00:00 – 02:20 The big auto shift
02:20 – 04:25 Affordable EVs?
04:25 – 06:40 China’s challenges
06:41 – 10:15 Technology and infrastructure
10:15 – 11:31 Prospects in Latin America

#china #economy #electric

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[antoinepageau]

We switched to Tesla in 2022 and after 75, 000 km and 4 seasons driving (we’re in a cold climate) I can confirm we’re never going back to gas or diesel.

[TheZwevegemsb]

Wages in China are not so low anymore! The only reason the ev’s are cheaper is the high automated factory’s and also lithium is priced cheaper in China.

[murenorocha]

BYD and GWM are making big waves in the Brazilian market too. Legacy manufacturers seem rightfully scared of them, and they should be.

[Ryan_Powers]

When there's a power outage, gas pumps also won't work. It all comes down to the EV charging infrastructure. I live in China, and everything that's said in this program is true. Every single Didi (Chinese equivalent of Uber) is electric. When I first arrived here back in 2015, all the Taxis were VWs. Not so today.

[darwintjandrahp]

Well, if China can build and operates its own Space Station, then making a safe EV is a piece of cake.

[Aztec]

The US is willing to ban EV globally if it stops the Chinese 😂

[xexas]

In Europe: VW ID3 is €45K vs Tesla Model 3's €39k... not hard to understand why VW is not selling many cars...

[hyrenaj]

Once upon a time there were phone operators, elevator operators, and even flight engineers. We actually have the ability to make so much more, but in some ways our economic system is no longer the best method to support it (does an advancement in technology result in lower cost and more production, or higher profits and less demand?).

[stevenliau]

In China Automotive Industry, if you want cheap EV car, you may chose BYD. If you prefer luxury EV car and swap battery technology, you may chose NIO. These 2 automotive companies cover all the different group of people, no matter whether you're living at landed house or apartment. Anyway, China Market is the key of success. China now has started producing a Sodium Battery which is much much cheaper and less dangerous than Lithium Battery. If you think china car now is very cheap, later you will see china car is much cheaper than now when they are using Sodium Battery on their manufactured car.

[teoengchin]

3:45 Do you honestly think comparing the price of a BMW 1 Series vs the significantly larger i4 is an accurate representation of the price difference between ICE and EV cars?

[mcopanzan]

As Jay Leno once said "electric cars will save classic muscle cars" & sports cars.
Every era offers some amazing cars, and people will push tech to the limit no matter if it runs on batteries, orange juice or steam power. this is the most interesting time in auto industry since the supercar wars began. It's great to watch to see what they come up with next.

[k.k.c]

China giving consumers incentives to buy EV is not an uncommon practice among countries. And even that has ended in China. German manufacturers are being slow and not adapting. Subsidies/incentives to consumers had been available to ALL manufacturers including foreign ones like Tesla, which incidentally has done very well for itselt there.

[luihinwai]

DW has an episode on Chinese EV every 3 days now

[flyingaugust]

When people talk about how the Chinese government funds the EV or tech industries, they solely refer to the public dollars that go to Chinese companies while keeping silent about the subsidy for Tesla. Indeed, the Shanghai government subsidizes Tesla with $85 million and low-priced lands. The beneficial policy was so progressive that many Chinese domestic manufacturers were jealous. Of course, the Shanghai grant is not without conditions- Tesla needs to satisfy its commitment to production capacity and employment to local government. Remember, the construction of Tesla's Giga Shanghai started in January 2019 and began to operate only one year later, which secured 500, 000 EV production in 2020. It is a win-win solution: Tesla guaranteed its ambitious production capacity while Shanghai prompted the upgrading of EVs. More companies and technologies would have enjoyed these opportunities without the trade war.

[chefadudennis]

Germany losing the electric car race means cheap cars for the consumers. VW is no more what it was meant to be “ the people’s car “ but now its all about profit and big money. I won’t be surprised if I see an electric Chinese car for 15, 000 euros or 10, 000 euros.
Its somehow a big win for the buyers.

[jkuang]

Since the massive adoption of EV cars in Chinese cities, they have practically all blue sky days for most of the year. Beijing still has some smog days but mostly caused by sand storm from Gobi Desert. So yes, EV car is the future.

[PenkoAngelov]

You can't just look at the emissions as only part of the manufacturing process. What is really the issue are the toxic exhaust gasses emitted while burning the fuels right inside the cities where we live, sleep, breathe and raise our children. This is just the local concentrated problem... but oil extraction and refining is the global crisis.
- One pumpjack consume 9800 MWh/month of electricity. There are around 1.1 million active pumpjacks worldwide (in 2018).
- Oil Refineries consume 15-20% of annual electricity consumption for the whole continent (just in the US).
- Offshore platforms burn 20-30 tons of diesel per day for their generators. The US alone has 610 active offshore platforms.
- Thousands of kilometers of pipelines. Each section with a pump consuming 50-250 kW and working 24/7.

- Tankers, each of them burning 200-250 tons of fuel oil per day. 2, 210 are currently active tankers.
- Land transport with semi trucks - ~ 40 liters of diesel / 100 km.
- Gas stations with all their pumps and energy consumption.
... and we haven't touched on shale gas and coal mining yet. ... nor have we paid attention to oil spills, vented gas, pollution of rivers and groundwater, deforestation and wars for resources.

- An average ICE vehicle is responsible for 260-350 g.CO2/km + NOx, SOx, CO and other harmful fine particulates right in the cities where we live. - Efficiency to the wheels - 18-25% (older vehicle even less)
- While an EV is responsible for 32-48 g.CO2/km (at the current heavy coal energy mix)... Keep in mind that there are NO emissions during it's operation. NO exhaust gasses where people live - Efficiency 80-90%


Manufacturing of an ICE vehicle releases 5200 to 6900 kg.СО2, while an EV (+battery) releases around 5600 to 8800 kg.СО2. Emissions are equalized after less than 10, 000 km. After 250, 000 km the difference in emissions is at least 10 times more for the ICE.

The longer you use an IC vehicle the more petrol will be extracted and refined, more political conflicts and wars will happen, more land will be cleared for pumping, more oil spills will fill the oceans, more gas will escape the pipelines... and more fuel will be burned.
- 7-8 million people die worldwide due to air pollution.
- The petrol industry generates $10 Billion in profits per DAY and receives $11 Million in subsidies per MINUTE globally.

[youssefm]

that reminds me of Nokia mocking on touchscreen phones😅

[IlyaMikov]

I've been a faithful BMW driver for more than a decade. Had them all, 3er, 5er, 7er, X5 diesel and gasoline. The reliability is just disgusting. 7er was a disaster and ultimately sold for pennies. Spare parts prices for all models are over the roof. Last month I got rid of my last BMW, the 5er, and ordered a chinese-made BYD Tang EV, all-electric. Bye bye beemers.

As for my wife's car, a dated Audi Q5, we're still deciding between a modern Q5 (we both still love the model) and a chinese-made hybrid Voyah Free, which looks, feels and drives like a charm.

German automakers have missed the EV train and are in deep trouble.

[appletree]

EU is behind on new technologies, internet, AI, EV, autonomous cars. No google, no Baidoo, no Apple, no Alibaba, no Microsoft, no Amazon, no Ebay, no Meta. As a European working in technology the lack of tech giants is staggering and worrying