Europe says Chinese EVs with “artificially low” prices will destroy EU market

the EU has been selling cars to China for decades, made billion. Now China doesn't even have 5% of EU car share and they play protectionist. They'll wont like China's reply.

Artificially??? Man you taking rubbish. In company in which i am working in Sweden we have couple Tesla cars. Also last week we received couple Polestar 2 LR SM. That quality, comfort, security which we have in those Polestar models, Tesla can only dream about. When EU/USA el car market can offer such quality as Polestar and prices like Polestar they can stop be paranoid. So until that time, it’s looks like they need to learn a lot.

I have always admire people who have the courage to speak the truth, which you've in spades, mate. Best wishes for your wife's health battle.

3:58 That topic, is big enought to fill some few hours, can´t be fully disclosed in 14:48. If you are willing to compare China to any other Nation and say "They do the same"….. I don´t need to put any words here…. That is wrong on so many levels (not all! ^^)

Chinese cars priced artificially high at rhe moment because they know EU will hit them with taxes. So they can absorb the taxes and keep the same prices

Morgan doesn't get a massive subsidy in the UK, I'm not sure if it gets any subsidy.

Europe definitely is racist and double faced because it gives subventions to all of its industry, farmers…and who not all of the time.

As a German I always opt not to by any proprietary and planned obsolescence trash.

Just bought a Chinese product with way better features for 1/3 of the price of a Euro model.

Why should EU not do the same as the US…?🤪

Im with eu, if the chinese wants to sell ev`s in europe they should be made there too, same goes for european carmakers who makes theirs in china and sends to europe.

This is why I advocate for a new era of gunboat diplomacy, only this time its Chinese carrier groups sailing along US and European coastlines and saying "open up for free trade."

Internet globalizes… -what worked yesterday, do not neccesarily works today. Why pay €50.000 for a car priced at €20.000 in China?… the difference is beyond reasonable. Maybe if the car in every single part became 2.5 times better. Stainless steel instead of recycled scrap metal, ceramic brakes, gold-plated electrical connectors etc etc etc….

People in EU now know than a Volkswagen ID.3 is at €15.000 (…and ain't worth any more), so why pay €40.000.- The huge difference makes no sense, no sense at all.

Chinese desperately need money for their economy on break down due to Xi Jinping‘s corrupted CCP and failure of public expenditure e.g. for fake train lines and infrastructures nobody wanted to use. So development companies building houses are in really big troubles also the small industrial complex, shopping malls, small businesses etc. while a well educated young generation lives under the bridge. So as stupid history of men always repeat without learning the next step for ‚Führer‘ Xi is WAR to bind dangerous human power and unsatisfied masses that are frustrated. As long as Chinese EV are a success over here they do not need any funding by EU. But EU set the rules for their suffering automotive industry and is now stupidly trapped. They cannot stop just funding Chinese EV as per then it would be game over for own batteries. That we come back to ICE is just no more possible and markets like Switzerland with nearly no incentives and higher than EU prices is proof. Only limitations so far are high prices and that most people here just renter and depend on the owners to fix wallchargers. Public charging however is too complicated besides at TESLA and prices astronomically high. But all this still is not an argument for Chinese to lower prices for better products as they need the additional income to establish distribution and continue production at home. At the moment people their buy local and no more German or French. British not to name anymore but they really like their MG‘s of course from SAIC as the Swedish people like Polestar and Volvo from Geely which also has an important stake in Mercedes-Benz making the SMART for them. So have you any questions of what really goes on?

Why they ask people to pay too much?

If the EU is afraid to do an import tariff against China, they could achieve the result they want with more EV incentives, where only the cars built in the EU are elegible. If a Chinese company wants to build an EV factory in Europe, fine, but they'll be tied up in European bureaucracy and high costs. I doubt very many Chinese companies would have the balls to try it. Their best bet might be to build a factory in Moldova or one of the Balkan countries who have already applied to join the EU.

I think their biggest fear is not that made-in-China cars (including Teslas) will dominate, but that their companies will relocate manufacturing to China in order to compete.

If people buy insanely low price vehicles they obviously don't value their or their passengers lives, what will be the first thing to go, safety systems

The EU has lots of economic leverage over China because they are running a massive trade deficit with the prc. On the other hand, China has lots of geopolitical leverage over Europe because the Chinese are in a unique position of being able to support Russia in retaliation and essentially that will be the end of Europe.