China Dominates The Car Market: Here's Why

China has made some creative moves and forced the auto industry to make changes. The bottom lines is China now owns the auto industry. Lauren Fix discusses with Don Ma of NTD Business News about what lies ahead and how the election could impact the future of electric vehicles.

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[dice]

FYI lady, Tesla has 100% ownership of its Shanghai mega factory.

[Truthstelling]

Tesla owns 100% in China. BMW was offered 100% but they decided to retain some Chinese ownership for better cooperation. People forget when foreign firms struck the deal back then to take advantage of the skilled but cheap work force n a 1.4 billion market. And they have been making billions n billions over the last 2 decades until they are too lazy to invest in transition to EV. Who is there to blame?

[peterg]

When western cars dominate the world, we didn't complain.When chinese cars are catching up, the west blablabla....

[gundamzerostrike]

Pretty much all electric cars in Brazil are Chinese. Nobody buys other brands. Now, Chinese cars are gonna be built in Brazil. Brazil has never been a big imoporter of cars. They always want companies to build them here, and the Chinese are doing just that.

[deanmitchell]

Please bring BYD to America so I can buy a car I can afford just buy a plant from Stellantis to avoid the tariffs. Love Live President XI!

[jazzman]

Tesla own it's all it's business, happen last year. Please update your info Lauren, Oh please take the word Analysis from your title. Oh Chinese can't even build a car plant in the U.S.A. so 50% ownership in China is much fairer then no factory at all U.S.A!

[gunsumwong]

Another uneducated video! Europe and Japan have been producing electric vehicle long before the Chinese! Chinese EV sells because it is among the cheapest while technically better.

In 2010, the Chinese automotive industry became the largest in the world, surpassing the United States. Following a 59 percent year-on-year sales increase, China's car sales exceeded those of the US in 2009, with 13.6 million vehicles sold within the country compared to just over 10 million in the US.

Today China manufactures 3 times more cars than the next runner-up the US!

China has been dominating the car market since one and half decade ago.

[BureaucracyWorld]

China is smart.
They planned ahead of time. They knew the future was coming.
God bless China.

[walhdamaskus]

According to this lady that behind every good or succeed busisness strategy and sells are good long term conspiracy to conqer the world, but not because of incompetancy and greed short term plan from tye other side. What a typical american way to compete and washing their own dirty hands. 😂😂

[indeficit]

1:47 Tesla did not do this. This is very bad reporting.

[mikewallace]

BYD is going to start the world on fire.

[davidyan]

Really? I thought you said China is collapsing…🙄

[abell]

HAHAHA The ' Truth is coming from Donald Trump.... doesnt the truth ALWAYS come from Donald Trump ??? What a Joke

[actualfacts]

Poorly thought out electric cars strategy.

[Stan]

Lauren, is Fix your real name or stage name? Fix fits perfectly with the channel’s theme. Thx

[jonfrench]

Whoever Lauren is her facts were off, just to be clear the UK doesn’t have an electricity shortage.

[generemotebookkeeping]

Tesla became China's first wholly foreign-owned automaker

[actualfacts]

We are the Democrats, we do your thinking for you, you just have to obey.

[jamesh]

Ford and Lincoln cozied right on up to the ChiComs. The new Nautilus that auto reviewers fawn and slobber all over is made in China. Not Michigan.

[man]

Lady knows how to talk a lot about nothing