 China's top electrical vehicle brand BYD has outsold Tesla the last quarter of 2023 so will this trend continue and will they be the top EV dog in the world? Yeah Elon you used to talk bad about us but maybe I will hire Yi Long Mao to be our CEO. First of all look at the seal it is going against the Model 3 then we got the dolphin the seagull the entire animal kingdom. Oh David a lot of people are wondering if these Chinese car brands can beat Tesla and if they do beat them is it because they just copy other brands or is it because they're way lower price too whoa anyway we're gonna break it down this is trending in the business world the tech world the car world a lot of different worlds make sure you like subscribe and turn on your notifications but you know what else is trending smaller sauce check it out it is an American made Chinese American chili oil it is delicious everybody likes it um I think a lot of people were wondering on reddit Andrew that they were like I didn't even know China had EVs and you know why that is because the EVs are not allowed in the US, Canada or Western Europe so that's the majority audience on the internet that we consume right so a lot of people didn't know everywhere in South America the Middle East all over Southeast Asia BYD outsells any other EV car manufacturer by a lot yeah and these are pure EVs these are not hybrids these are pure electric vehicles but by the way we do have to know BYD is not like a Tesla in comparison of brand level it is it is like a cheap brand yes it is known as an affordable brand that's why partially why they're selling so many it's because they're very affordable right to no no markets they have a new one called the seagull andrew which starts at $9,000 USD a pure EV with a touchscreen and I believe the one that is popping right now the dolphin that is big and like you know uh lower income countries is about 13k wow wow but I mean I guess regardless I guess I guess these this Chinese brand for example BYD is winning on a kind of cheap level but can Chinese car brands reach that high level market well there are high-end Chinese car brands I believe liado neo amongst some other ones but BYD started at the bottom and is starting to release some expensive cars so anyway we're just going to give a quick breakdown for the audience Andrew do you know why China goes so hard at the EV game what so yeah China's combustion car market is not that well known right there they didn't make the best combustion cars right right they didn't reach that high tier level they made a lot but they didn't reach that high tier level why why are they so good at the EVs well I think that when you don't have a really developed combustion drivetrain industry it's easier to give it up and go full EV whereas Japan they spent so much time perfecting their drivetrains with the and which is way more complicated the mechanics of a combustion car than an electric car it's hard for them to give it up that's why Japan is still on hybrids and hydrogen whereas China um and also China is a very oil-dependent country but it doesn't have a lot of oil reserves relative to how much it uses also half of China is like a high desert the western side of China so actually it is perfect for solar solar contributes to the electric grid right right so there's multiple reasons why China would lean into electric solar things like that right right right also I think pollution is a gigantic issue in China and uh the more combustion cars it creates more pollution yeah no China has terrible pollution issues so of course they got to do something to offset it so actually by d beat tesla a long time ago if you included plug-in hybrids but the like you said the last quarter of 2023 is the first time they beat tesla in terms of pure electric well because tesla's pure EV so you have to compare and of course tesla is kind of the benchmark tesla is kind of the uh it's kind of this gold standard what is that like the rolex kind of of and now there's like higher end ones like lucid air that have come out but it's like i only seen one lucid air in my entire life right like in terms of people driving it around yeah yeah it's not as widespread um does this remind you at all of when Toyota and Honda were coming into the u.s. markets and in the 1970s and 80s people were like oh man them japanese tin cans go and crush the second they hit a wall you know what i mean because people were basically doubting uh the the construction that the cars were more lightweight are they strong enough to pass the crash test etc etc basically is the quality up to par yeah i think those are i think those are legit questions i mean because to be honest china's brand as a manufacturer actually china does produce a lot of high-end stuff but more so they are known for producing a lot of affordable things right that's the narrative around but i want to say the last like three years five years they've been really growing but to work yourself out of the made in china label being associated with something being cheaply made that's going to be hard to shake off right right right i think that the byd's play is going to be like man this is the best nine thousand dollar ev you could possibly get but by the way it's still nine thousand yeah it's way better than any nine thousand dollar ev you can get in america because you can't get a nine thousand dollar ev yeah i don't even know if you can get a used prius maybe oh for nine no yeah i use hybrids not a pure ev yeah um maybe a chevy volt or something like that all right and so just to go to show you this is the baron davis leaning from 2008 and this is the way of wade leaning from 2023 and so you know what i mean there was a gigantic jump andrew and it's weird because and look you gotta stick with me here this is why the sneaker comparison is gonna be interesting andrew chau dan used to be a knockoff jordan brand andrew and now chau dan signed kelden johnson from the san antonio spurs and is making pretty decently or good rated basketball shoes and you know why this is relevant andrew because tesla in the german factories even use byd batteries for the model y but here's the crazy thing andrew byd as of recent as like 10 years ago was a copycat car manufacturer yeah so you're saying the arc of byd as a cheap knockoff brand because when when we visited china like 10 years ago i remember seeing fake bmw's now what i mean byd brand they were byd cars they were real cars but they just looked like bmw's and they basically copied bmw obviously 10 15 years ago that's at the peak of chinese copycat level right but now you're saying that china has like in a way i don't want to say copycat so much but their technology is getting so good and they're so good at it and they've actually just make good stuff and now other people are starting to use their technology that they once maybe started off copying someone else yes yes it's a crazy so now the copier the copycat has now become the copied or at least the supplier right like literally tesla model y's use byd batteries and let's take a look at some byd cars this is their new high end line like we said byd started off it didn't start off high like uh leotto or neo in china what do you think what do you think of these high end cars some of these look pretty good in concept yeah here are some mid end cars okay and then here are the cheap cars that are really like what is like i guess byd is famous no yeah these look like a honda fit or something like they looks like one of those compact budget vehicles that you can get in america that you know are easy to park kind of like a smart smart car or uh yeah i'm going to fit yeah right uh anyway let's get in the comment section somebody said i'm pretty sure nobody globally wants to buy a timu e v that's funny uh but some people said uh are you sure developing countries i went to costa rica and i saw everything somebody said in indonesia if you call a grab car which is essentially their uber they're like there is a 75 chance you're just pulling up in a byd do you think a lot of people they don't think about these emerging markets right that finally are you know their economies are stabilizing possibly politically stabilizing they can they they want things they want ev cars andrew they're not going to go get a tesla well that's because i mean in the western world byd is not a competitor because they're not allowed and they're probably probably maybe too cheap compared to some of the american cars but in america compared to the rest of the world we're kind of like man if you're not rocking a rolex i don't even want to take a look at your watch right you know where it's interesting andrew the one western or like england anglo country that has a lot of byds is australia because australia is like very close you know some people say australia byds are allowed in australia that's interesting um so basically andrew if they were ever to come through the u.s first of all they would need to get political approval and they would be hit with a 30 tariff which would sort of kill the the fact that like the cars are 10 000 because then it would ruin their price advantage right it put it up to like maybe 14 000 or something right right right um somebody said you know the only reason that byd is able to uh basically survive is because it is subsidized by the government because it is subsidized for domestic consumption within china right right right um somebody said yeah it's so crazy that everybody thought that tesla was just going to dominate the entire world and everybody was going to be driving some tier of tesla yeah well i i think what happened i think you realize that also like the way people drive in other countries usually they're not in most other countries they're not driving as fast like if you go on the highway in other developing countries usually the ones that i've been to at least in asia they're not hitting 80 miles per hour they're not hitting 70 miles per hour right and right and you're saying that tesla's kind of look like race cars yeah but i'm just saying like in america we drive very fast on these big roads and we like to drive fast now although a lot of asian streets in asia are kind of they look chaotic people are not driving that fast so you don't need gigantic huge cars i feel like that's kind of part of it yeah asia's like well give me they're definitely less into the autobahn race yeah like the big wheels like the big trucks with like the 30 inch wheels like they don't really care about that somebody said if byd's so good why is the stock doing so bad and my tesla stock keeps printing money and they said actually it's because byd really just has like very very low margins but that doesn't have the margins the lower margins allow it to push the volume so anna byd kind of like chinese restaurant right making us razor thin margin but just making a lot of it somebody said man the only reason why that chinese evs are getting so good is because they copied all the us tech from tesla and other brands of course uh i don't know if they copied tesla did they dude there's probably a you know we said there's people are poaching there's definitely the copy cat it's just like the mba man i poach your assistant coach you're gonna give me the playbook right there's some copy cat there's for sure it's possible it's possible um somebody said how come americans are getting so mad that chinese are just beating them at their own game of capitalism dude i always said i said like china like america in itself is like a capitalistic country but on the global stage china is the most capitalistic because they're just like hey i don't care if you say i copy if i make it i make it if i make it for cheaper then i sell it for cheaper and that's what it is did you know there's a ev brand that's started by rich enthusiasts in china where they remake like 1964 chivelles but all electric that's pretty cool yeah no i'll pop up some of the designs here it's crazy it's like literally like stuff from like 1957 but with brand new interiors obviously the architecture of ev is completely that looks dope this one right here yeah that looks cool last but not least this last comment basically said listen guys history doesn't repeat itself but it usually rhymes this is just like when japanese came in with a small cheap gas efficient somewhat crappy cars american cars have been heavy you know american cars are very heavy so what they do is they pump them full of more horsepower to be able to carry the metal the asians always had a different mindset to cut the metal down so you didn't need as powerful of an engine to get the mileage or the speed you know what i mean like it was like a whole different design it's like americans built their cars to crash into each other because america was like you're gonna drive a car i better a better win the crash and then you're like well why would you want to crash and they're like i don't know we're american we're about to kill you if we crash for sure i mean like even in america right now i would say like if you're a real murrican guy you probably still like the Mustang and if you're like a different type of american you probably get the hellcat but those those are not made with an asian design philosophy either of them um so basically this guy said i'm really looking for chinese ev manufacturers to put a lot of pressure on american manufacturers to either go ev quicker or really just think of something other than high-powered heavy-ass expensive cars that don't handle very well um ultimately andrew what do you think of this some people think that now that byd has outsold tesla they're never gonna relinquish like this trend is just going to perpetuate forever moving forward i have no idea i have no idea maybe but you know as long as places like africa are still developing and need affordable cars i'm sure i'm yeah i'm sure byd's gonna outsell but not in like the rolex level market you know like tesla is the rolex it's the name brand everybody wants yeah i mean even like more western centric people in china buy tesla because they want to be seen in a tesla over a byd right right um interestingly enough andrew they said the teslas that were built in the shanghai factory are the best built teslas because i guess teslas they vary a lot depending on which factory they were built in interesting like in terms of door gaps and wind noise or whatever um ultimately i'll say this man i'm always for more competition i understand you know the west uh they have a lot of concerns like what if the chinese evs are the most popular in the world but the chinese satellites they control the evs in case something happens then they use it as an attack you know what i mean like i think that that's obviously you know part of it and you know we'll see if the chinese evs ever make it over but otherwise check out this channel wheels boy you can see all types of crazy cars andrew real quick i just want to show you they got a 35 000 car andrew with the golf gulwing doors okay wow andrew they got a truck that's the ev that looks like a halo car they got micro jeeps so it's like a jeep but like a almost looks like a golf cart but it's a car and then of course you've got these super hundred thousand dollar e-zett cars that literally look like they came out of an anime no they look like bentley's but they're just evs yes but they look like almost like super villain cars super villain maybox yeah anyways guys you let us know what you think about b y d in the future of chinese evs are they just gonna dominate the lower half of the market in the world or can they move up and shake off that kind of made in china is cheap narrative who knows let me know in the comments down below oh one last thing i learned that the big difference between a b y d and a tesla andrew is that tesla generally keeps all its interiors very minimalistic whereas b y d they'll give you you know that textured leather and all that you know some cushy things in the interior it just depends on what you like guys not promoting b y d i'm just saying what it is let us know what you think in the comment section below until next time we the hop hop boys we out peace