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

FRANCE 24 English
FRANCE 24 English
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Published 2024-05-02
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

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All Comments (21)
  • @ricnyc2759
    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:face-blue-smiling:
  • @mamir5271
    What is wrong with China providing cheap cars for us end users??????????????? what is wrong with that!!!!!!!!!!!!!!!!!!!!!!!!!!!
  • @joem0088
    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. 😂😂😂😂😂
  • @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.
  • @junbaosu8031
    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?
  • @user-mt1ps4fz4l
    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.
  • @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?
  • @krnpowr
    The US and Europe: "Global markets are being flooded by cheap Chinese EVs". Reality: Global consumers have access to affordable Chinese EVs.
  • @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..
  • @gowengetter4599
    Whenever China makes positive moves for itself, everyone panics.😂
  • @jkselama4698
    1:51 Global markets are now flooded with cheaper Chinese electric cars. Hurray!!!!