YouTube video link: https://www.youtube.com/watch?v=KPd-zOdln04
https://fayettevilleganewsnow.com Presents:China’s Auto Takeover: BYD Vs. Tesla And The Battle For EV Supremacy | CNBC Marathon
.CNBC examines China’s rapidly growing automotive industry, focusing on its technological advancements, increasing exports, and a lack of interest in American car brands. BYD, backed by Warren Buffett and recognized as China’s leading car brand, overtook Tesla in Q4 2023 as the world’s top electric vehicle (EV) manufacturer, selling more battery-powered vehicles than its U.S. rival. The company is aggressively expanding globally, exporting over 240,000 cars to 70 countries last year. During Tesla’s Q4 earnings call, Elon Musk warned that Chinese automakers could “demolish most other car companies in the world” unless regulators intervene. Detroit automakers like General Motors reaped huge profits selling cars to Chinese consumers after China opened its auto market to foreign firms in the 1980s. However, those lucrative days appear to be over. Chinese firms have caught up with, and in some cases surpassed, the foreign companies that once taught them the automotive trade. Jeep’s joint venture has already gone bankrupt, and one industry analyst predicts that Ford, GM, and others—such as Hyundai, Kia, and Nissan—could withdraw from the Chinese market within the next five years. Today, China has the manufacturing capacity to supply half the world’s cars and is setting its sights on the U.S. market. While Chinese-owned brands like Volvo, Polestar, and Lotus are already present in the U.S., no purely Chinese brands have entered the market yet. In May 2024, President Biden imposed steep tariffs on Chinese automakers, doubling the price of imported EVs. However, some insiders believe tariffs might be ineffective in the long term and could cause more harm than good. Chapters: 00:00 Introduction 00:51 How Chinese EV Giant BYD Is Taking On Tesla (Published March 2024) 17:17 Why American Automakers Are Failing In China (Published May 2024) 33:48 Why EV Tariffs Won’t Stop Chinese Cars (Published June 2024) Produced by: Andrew Evers, Robert Ferris Edited by: Andrew Evers, Darren Geeter Supervising Producer: Jeniece Pettitt, Tala Hadavi Animation: Christina Locopo, Jason Reginato Narration: Robert Ferris Additional Footage: Getty Images, BYD, Polestar, Hyundai Motors, Volvo, Geely, Tesla, Toyota, Honda Additional Sources: FactSet, Tesla, General Motors, Kiel Institute Additional Editing: Emily Rabbideau » Subscribe to CNBC: https://ift.tt/p5D0Tzl » Subscribe to CNBC TV: https://ift.tt/ScFEsDH About CNBC: From ‘Wall Street’ to ‘Main Street’ to award-winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video, and more. Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer: https://cnb.cx/3AVpjia Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://ift.tt/ejCapSB Follow CNBC News on Instagram: https://ift.tt/C58AIrc Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://ift.tt/IZ6emj2 Follow CNBC on WhatsApp: https://ift.tt/Q1wIbPs #CNBC #China #Autos #Cars China’s Auto Takeover: BYD Vs. Tesla And The Battle For EV Supremacy | CNBC Marathon
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Note from Zennie62Media and ZennieReport.com. A vlog by the YouTube channel named in the video’s upper left corner and serves as the original blog post for this content. This video-blog post demonstrates the full and live operation of the latest updated version of an experimental Zennie62Media , Inc. mobile media video-blogging system network that was launched June 2018. This is a major part of Zennie62Media , Inc.’s new and innovative approach to the production of news media. What we call “The Third Wave of Media”.
The uploaded video is from the Zennie62 YouTube channel. It is automatically uploaded to and formatted automatically at the nflnewsbyzennie62.com site and Zennie62-created and owned social media pages. The overall objective here, on top of our is smartphone-enabled, real-time, on the scene reporting of news, interviews, observations, and happenings anywhere in the World and within seconds and not hours – is the use of the existing YouTube social graph on any subject in the World.
Now, news is reported with a smartphone and also by promoting current content on YouTube: no heavy and expensive cameras or even a laptop are necessary, or having a camera crew to shoot what is already on YouTube. The secondary objective is faster, and very inexpensive media content news production and distribution.
We have found there is a disconnect between post length and time to product and revenue generated. With this approach, the problem is far less, though by no means solved.
Zennie62Media is constantly working to improve the system network coding and seeks interested content and media technology partners.