China becomes world's electric vehicle powerhouse, causing concern in EU • FRANCE 24 English

China's electric vehicle (EV) industry has grown exponentially in recent years, encouraged by colossal state subsidies. China produces three quarters of the world's car batteries, a huge advantage for carmakers who can drastically reduce their production costs and expand internationally. The Asian giant is now the world's top exporter of cars, dethroning Japan. But the situation is worrying the EU, as Brussels fears unfair competition could seriously harm its car industry. Our correspondents report.
#China #electric #vehicle

[ricnyc]

Europe and US: we support the free market as long as it's not about China. And we support free speech as long as it has nothing to do with Israel.

[BatCountryAdventures]

The West: "Let's all go green and save the planet!!!"
China: "OK!"
The West: "But only if we get to make all the profits!!!"

[adore_mer]

I don't care who made the cars. only want to buy better and cheaper cars.

[JustThe_One]

Europe : We support free market unless you buy our products not Chinese

[badbadbadcat]

1) So what if Chinese government gave subsidy? Didn't the US and EU give subsidies ever?
2) What happened to the so-called free market capitalism?
3) US is already subsidising chips. Would EU impose tariff on US made chips?

[junbaosu]

don't surpass us, otherwise we will impose ban.

[dirremoire]

"Colossal state subsidies"? You mean like the $7500 tax credit I can get from the Federal government for buying a Tesla?

[mtpsfzl]

Note how they say the market is flooded with *cheaper* chinese electric cars as if they are inferior due to being cheaper. Chinese EVs are the best in the world and sold at affordable prices. People forget we have become conditioned to think paying these absurd prices for cars in the western world is normal. China is way ahead of us. I wish I could get my hands on a Chinese electric car.

[Liboch]

Imposing high tariffs on Chinese car will not help EU. China can simply sell their cheaper cars to the rest of the world, replacing European cars. Worse if China retaliates by imposing high tariffs on European cars.

[manimalworks]

Consumers want cheaper cars. As simple as that.

[kwektans]

Too late. Almost everyone will be driving Chinese EVs very soon. Africans with low income will be happy they can afford to buy affordable cars; just like how they can now afford flat screen TV's at $300 and not the expensive Japanese ones at $2, 000... Sadly unlike Mercedes, Bentley, etc the mass market European brands like Fiat, VW, Renault are in trouble from the China competition..

[mamir]

What is wrong with China providing cheap cars for us end what is wrong with

[joem]

I smell panic. French and German panic.

[the_manofculture]

hahahahah if EU dominate, it's fair trade, but if other countries dominate, it's unfair. 😂😂😂😂😂

[gowengetter]

Whenever China makes positive moves for itself, everyone panics.😂

[balkanleopard]

Finally the high price and rubbish quality of European and American vehicles is catching up with them - and there's panic in the boardrooms. All credit to them, China has worked assiduously over decades to achieve what we're seeing today. There's nothing overnight or hidden in the shadows about this. The Sinophobic, arrogant, West simply was too blinded by their own pomposity to see this coming. And now, we'll tariff them out of our markets. Just guess who gets all the really good affordable cars? Not us, that's for sure.

[jkselama]

1:51 Global markets are now flooded with cheaper Chinese electric cars. Hurray!!!!

[WarriorsDepartoutNews]

Concern? They’re focus on business whiles the other side focusing on wars 😊. Unfair is sanctioning countries….

[krnpowr]

The US and Europe: "Global markets are being flooded by cheap Chinese EVs".

Reality: Global consumers have access to affordable Chinese EVs.

[LeMe-kvjd]

I don't need a expensive car. Cheaper is better.