 We were able to make our like pop stars so sexy, but like can I have trouble like making Hyundai sexy? Of course the battery is important panoramic roof But the most important is that I can turn it into a KTV Can these Asian car brands actually compete with Tesla for the future of the EV market? Well, the internet seems to think so and maybe I do too Andrew Tesla is always in the news Elan's always in the news But this time it's because the future of its EV market dominance may be called in a question due to that You know German manufacturers, but mostly because of Asian car manufacturers. We're talking about South Korea, Japan China Vietnam is in there coming for the throne Wow. Alright, so let's get into it We're gonna cover the main competitors guys. We are not car experts. Okay, we understand that However, we are Asian guys and Asian guys love cars and Asian cars have dominated the market at least on a certain level for the past 20-30 years, you know, so guys let's talk about it David Who's the number one competitor in the game? That's going heads up with the Model 3 on the affordable EVs All right now. They're a competitor. We are talking about South Korea with Hyundai and Kia We're talking about iconic our Ionic 5 6 7 future models that are yet to come out Andrew They are swinging for the fences these cars look super futuristic. They're taking a lot of risks on the design They kind of look like mini Porsches mini like Audis, but even more futuristic Andrew. They're coming for it Yeah, I mean they're jam-packed with features obviously all in all a lot of people would say that they are a better value now Better value does not always equal sexier or what people want Of course as we know with kind of like Android phones like the Samsung series like those are great phones And they have a lot of features that you know iPhones don't I think it's clear that a fold for from Samsung has more features Andrew than iPhone right but a lot of people still want to go for the iPhone because you know for a number of reasons But anyways, like do you ever think Koreans are like? Oh, we were able to make our like pop stars so sexy But like kind of trouble like making Hyundai sexy So if we can just make the BTS of cars would be good for sure I mean they're right there. It's the most competitive out of all the Asia brands You think it'd be Japan, but we're gonna get to that later But Andrew there was a little bit of a blow recently because Biden is going to tax all foreign imports next year soon And give the discount only on American EVs Tesla is an American company and South Korea Andrew. They felt betrayed. Yeah I mean President Biden like we sent you BTS So why can't you give us a break on the TAX for the KIA number two Andrew? We're gonna move on to Japan. This has been the most dominant like car producer for the past 30 years globally And Andrew guess what they do not embrace the electric vehicle They only have like two EVs out of like a hundred models that they make You know what's really interesting? Japan is always one of those cases where they still all their products are still really high quality And they led the future for many decades, but now that same attitude of just betting on themselves might be holding them back Why are they only in the hydrogen game and not the EV game? Well, they do a little bit of a lot of like EV battery hybrids with combustion engines and a lot of hydrogen But it's because Andrew they themselves don't have the electrical grid to support EV charging and sort of like to structure their cities There's no space for EV stations and enter their island country. They have a lot of hydrogen So that's why they're betting on hydrogen. Here's the thing the rest of the world is not betting on hydrogen I will bet on Japan and hydrogen vehicles Whether this bet works out or not. I know that I did it my way Do you think they're making a huge mistake or do you understand the I guess the Situations and the constraints and sort of the mindset behind going with hydrogen I mean if you read a lot of articles guys, and I'm not an expert I'm not a scientist, but I heard hydrogen if you can do it is better than electric actually for a number of reasons So I guess they're hoping maybe that the whole EV thing like maybe blows over and then They'll be ready with the hydrogen vehicles at the end of the day or you know, maybe that's the only thing that they can do I don't know. I'm not really sure Godzilla emerged from the waters and the methane Extract to make hydrogen also will come from the depths of the ocean We will die on our sword like a samurai Regardless of the future Yeah, it's kind of like Japan was leading like J-pop and a lot of pop culture for a while And they were so innovative and then they've kind of been stagnant maybe the past like ten years You know what's really interesting Andrew? Japan will often develop the very best version of an older school technology like physical currency But it works so well They don't really feel the need to like hop into digital currencies or even like credit cards as much Andrew moving on to number three Andrew we're talking about the biggest EV market in the world the biggest car market in the world period We are talking about China David China has neo. Okay. That is like one of the best EV companies and then also they have BYD They have Lee Otto. They even have X-Ping man. All right. So I would say this So China is a huge car market a lot of EVs But I guess there's always questions about Chinese products even though everybody knows that they're affordable And they're a good value, right? You're going to wonder about the quality of the vehicle You're also going to wonder. Uh, did they just steal designs? I don't know if you really care about that and then number three as far as coming to America given the geopolitical technology cold war that we're in Obviously, like I could see a US not letting a lot of Chinese vehicles in for a number of security reasons, right? Yeah, possibly safety crash test history chronicles and things like that I mean uh long story short. I would not bet Andrew on the Gonghe six coming to the US shores anytime soon However, there are a lot of other markets globally that China can export a ton of EVs to right the affordable EVs I mean, these are the biggest car markets in the world by uh size China US Japan India Germany brazil south korea russia And it goes on and on. I mean think about it There is a lot of places that need cars So I guess at the end of the day if your car brand isn't dominating America America's not the only market sure America would be considered the top market, but uh, there's so many other countries out there that need cars You know one thing that I Thought was interesting when I was researching Chinese EVs Andrew is they really focus on in-car entertainment Like a lot of people got karaoke systems Even tesla had to put a karaoke system with tesla microphones in it to like be competitive with everybody else You know when I am shopping for a EV of course the battery is important panoramic roof But the most important is that I can turn it Into a ktv Number four guys, I'm losing my voice I know I know and we're talking about a country that people might not Expect to see on this this vietnam coming through with vin fast david you are so passionate about this Thank you for sacrificing your voice for this guys vin fast We'll get your vietnamese friend excited because they're actually Producing some pretty cool EVs out there guys If you look at it, they even have stores in america where you can check out the cars Yeah, we designed it in italy, but we made it in hyphen man Yeah, and they're trying to move their manufacturing to north carolina soon So they got big plans because they the big man because they're like vin fast, man You know like you got a you don't have to pay in cash, but you know you get to vin fast Man, I thought vin fast was vinh ph ast man Amen Are you telling me at the showroom they're gonna get some of the san jose abg So i mean vin fast h8 h9 guys the next country that is a huge car market and now a huge ev market Is india and india has some of its own car brands actually a number of them But the number one that we're going to be talking about is tata. That's probably the biggest one Uh, they're also known for making very affordable cars, but they got some new evs That are looking pretty slick the new tata curves man. It looks like as good as anything out there, man You know, I mean we got it all we got everything from tata nano down for like cheaper consumer All the way to curve I'm telling you man if we can get rishi sunak in a tata curve, man It would set it would break the internet Yes, uh, but uh jokes aside I actually think the south asian market is so gigantic that uh, india probably doesn't need to have their cars In the american market to be honest because they there's so many countries around there that need cars So yeah Andrew Let's just get into it andrew do any of these brands or collectively have the chance to challenge tesla's global market Dominance i'll tell you this There's a chance, but it'll probably always be a little bit like an iphone android type situation the androids always got crazier designs You know the tesla designs. They look very classical. They're nice, but they're like not too crazy You know, they're just designed to give you a lot of good panoramic roof room and stuff like that The interiors aren't too crazy on a tesla. It's very minimalistic sort of like the iphone's minimalistic But people kind of they kind of trust it right and they kind of rock with it I mean to be honest. Yeah, if it's a good american brand I feel like americans are going to lean towards that especially given that like, you know They'd rather do that than like support other foreign brands. I mean low-key. That's always a feeling that people have Um, but I think that these other ev companies can produce better values than tesla I really think so and I think that as far as the model 3 goes which msrp is at about 45 46 thousand dollars I mean if you bring an ionic 6 at 40 000 dollars, I think it's gonna compete with the model 3 I don't know if it's like the x is gonna has any competitors or anything But definitely on the affordable end. I think it's possible. Yeah, I agree with you I think the majority of the competition where like tesla's gonna feel that crunch is gonna be on the lower end Probably sub 75 000 car. Yeah, but but for example for hunday, which is the main competitor It is gonna be hard to shake that hunday branding where like people still see it as like just a cheap car Like oh, I don't want to pay 70 000 for a hunday. Are you kidding me? You know, that's why they have genesis So I guess I'm surprised they didn't make a genesis the new like make the top ev in the genesis They do have ev genesis though, but interestingly enough the ev genesis don't look like ev cars. They just look like regular ones Um, japan, you know being very very conservative, you know, they dominated the market I guess they're they're slow to change, you know, but you don't want to see like a code act type situation Where they're too slow to change obviously china like we said probably gonna dominate on the lower end You know, um countries where they don't like have such a contentious relationship Probably more likely to take chinese cars. Hey, man. Who knows japan just does the hydrogen car so well Everybody just wants the hydrogen cars. I don't know if there's any country that could do it It would be japan andrew. Um, I'm rooting for all the asian car manufacturers Even though we're like tesla stockholders. I will say this nobody gives you anything in this game though you got to come through With some great designs some great customer service and some great values consistently to break this market when it comes to the value game, you can never count asians out man You know, i'm i can't say for sure. They're gonna beat out tesla and all the other brands But on the affordable value level. Yes. Yes. And very much competitive thing andrew the market consumer market is more fragmented than ever Different people looking for different things. You know, some people care that tesla got creaky doors. Some people don't care All right, everybody. That's it. Uh, again, we are not car experts if you guys have some insight Please let us know in the comments down below. Hopefully you like this video Let us know if you really think these car brands can compete with tesla tesla being the big dog having the coolest branding Leading the way right now, but uh, yeah, let's know in the comments down below We're the hot pop boys. We're talking about everything from asian food to asian cars. Let's get it until next time. We out. Peace