Isn’t this kind of meaningless to compare different cars? Is it cheaper because it’s in China or because it’s a BYD instead of a Volkswagen?
MisterViic on
We helped build our own destruction.
Lukha01 on
People have been saying this for more than a year now. Chinese manufacturers are able to produce good cars, cheaper. US and European manufacturers have to come up with ways to reduce their costs. This can be done through automation, outsourcing jobs to cheaper labor markets, or by paying people in their own countries less. There are no other ways if they aim to remain competitive.
kazuviking on
And lasts 77% less as well.
magicc_12 on
Also the quality is much lower of BYD
other-work-account on
Ok, now ask yourself, who makes a better wage – a German, or a Chinese automotive worker?
This is the same old story like it was with Xiaomi phones flooding the world market. Heavly government subsidized companies, with products priced to be sold at a loss, with interest to saturate the market and choke out competitors.
Time passed, look at Xiaomi – atm no different than Samsung with prices in each tier of phone.
They are propagating the same strategy with EVs. Price as low as possible, made by one of the cheapest labor in the world, then when some of the competitors get choaked out, scale the price up to the normal level.
I remain a conscious consumer, I try to vote with my Euros where it impacts our economy better. I’m a Skoda customer as long as they compete.
Stabile_Feldmaus on
That’s why we need tarrifs. China has run it’s economic model of giving cheap loans to industrial companies for a too long time and the chinese purchasing power can’t keep up with it, so they made the bet that instead the world will buy their cheap products while calmly accepting the loss of their own industries. The next step for China would be to become a consumption economy like the US in order to unlock more wealth. So putting up tarrifs will also help them to do this transformation.
[deleted] on
[removed]
Relative-Tune85 on
I’m flabbergasted!
2beHero on
Of course its cheaper in China. The secret ingredient is slave labour.
serpenta on
One thing I’ll agree with about Chinese cars is that they are cheap. Maybe that’s the problem with European production. Cars got bloated with useless gimmicks, like light sensors, rain sensors, etc. Maybe we should rethink what is really needed in car, while keeping up the level of material quality. Our cars could be significantly cheaper without this bloat, while not letting mud inside the cabin, for instance. A lot of my friends is saying that cars are ridiculously pricey, and the only new car they would consider owning (as opposed to leasing) would be Dacia. And those aren’t people who couldn’t afford VW.
a-better-tomorrow-pt on
How is the price of the BYD Seal from 2021 when the car was only launched in August 2022 and only reached Europe in September 2023?
Also, Seal is D-Segment, ID.3 is C-Segment.
bindermichi on
Kind of misleading since BYD makes most components of the car in house which is cheaper for them than buying everything from a supplier like Volkswagen does.
So in the end the biggest difference in cost would only be labor and distribution.
-------7654321 on
yea but wouldn’t it be approximately equally cheap to produce in vietnam, indonesia or india or similar ?
Trollercoaster101 on
The 77% cheaper workforce cost hits hard on an emotional level, but it was also kinda obvious as wages in China are way less than the western world.
BlassAsterMaster on
Just don’t buy chinese horseshit, easy. Have some integrity.
i_like_trains_a_lot1 on
When you are paying your workers 100 usd per month and you don’t have to spend money on worker protection and benefits, of course it’s cheaper. That’s my main grip with an unchecked global market: countries with low ages and weak worker protections produce cheaper goods and flood the markets of the other countries, replacing their industry. Sure, we end up having a lot of cheap stuff, but at the same time, we become dependent on other economies, and basically slave wages and conditions.
Deepfire_DM on
hmm – let’s deduct the enormous boni and salary of the CEO and the upper elite at VW and compare the prices again
Inside-Till3391 on
Some people are blind to read the graph with a stereotype of cheaper labour in China, don’t you notice that labour cost contributes to a fraction of production costs? The education system is really broken in some countries.
RichardXV on
There’s a small catch here: slavery is not legal in Germany. In China a minority of 100 million people has enslaved the rest of the population.
Round_Mastodon8660 on
Unless it’s the exact same car this comparison has 0 meaning.
teriaksu on
> production costs are much lower in China
sir, are you ignorant or just stupid?
Time-Comedian-3230 on
i’ll always choose a costly high quality Volkswagen over PRC Xi mobile.
homo_invictus on
Labor is the least impacting cost on that chart. Instead, it is always said it’s one of the most important aspects impacting the differences with prices of China’s EV.
We must stop the spread of this kind of bullshit when someone comes up by blaming European salaries and welfare. They need to go to fuck off.
Responsible_Ad_3211 on
Everyone saying these Chinese cars are unreliable and will break after one pothole are so wrong it hurts. These cars meet EU and USA safety standards now. They can go toe to toe with anyone other car on the market. They are cheaper and more reliable then most cars produced in EU/USA. How come Korea and japan make great reliable cars for cheaper but when it’s China all the sudden they are crap?
La-Dolce-Velveeta on
Source: UBS. I guess we speak about UBS the bank?
Nuff said. They don’t care about workers’ rights because the cult of Excel charts forbids any action that may disrupt the anticipated economic growth.
Fantastic-Goat-1124 on
You have 100 % better quality in Germany. I know a guy who works for a European car producer, and he was sent to check quality in their Chinese facory, He said in the car seat stuffing, you could find a lot of strange stuff for example.
uniform_foxtrot on
If these stats are correct China’s manufacturers could quite literally double wages and still produce a cheaper car whilst simultaneously directly raising the living standard of a significant amount of it’s citizens which would directly lead to a stronger economy.
CollidingInterest on
Are these identical cars?
kress404 on
of course the labor cost is far lower lmao
deblasco on
Yet, i would not have purchased an e-vehicle from china even if i could.
EU products must meet safety norms the chinese dont give a flying duck about.
BarskiPatzow on
Why doesn’t anyone mention sales margins also?
LolloBlue96 on
European cars are likely more overpriced, to boot
Bitter-Cold2335 on
And our politicians only complain about the working class and how the working class has way too high wages meanwhile there are like 10 other factors that influence the price of the product, absolute sham.
Confident-Alarm-6911 on
First of all, I don’t get why people are so obsessed with with fucking cars, don’t you have enough of them?
Figuurzager on
Price is one problem, the bigger issue is that many europeam EVs simply are not that competitive as a product even when the price is excluded, and not only with Chinese EVs. Compare an ID4 with an EV6 or Ioniq 5 and they simply don’t cut it. Then take an ID3 or the Stellantis unreliable pieces of crap compared to many of the Chinese cars…
MassiveBoner911_3 on
Yeah but they dont pay the Chinese worker jack shit and half of them die every year from lack of OSHA.
ArtichokeFar6601 on
Now do this for quality
VehaMeursault on
What about quality control? What about business ethics? I like my car producers to be accountable for the faults, and I want them not to exploit their workers.
I’m not saying Volkswagen is perfect, but I am saying I mistrust Chinese companies (and to a high degree also American companies) more.
ricbir on
The difference is even more striking if you compare the BYD Seal with the Maserati GranTurismo Folgore
rickyspanisch on
Tax will solve the problem…
enchinya on
Just miss the freight cost of transporting a car from a factory in China to make it comparable.
furgerokalabak on
This is far more complex than it seems. Electric car manufacturers who started with electric vehicles have a huge advantage. In Europe, labor unions and workers’ advocacy organizations are strong. In reality, many people currently working in the production of internal combustion engine (ICE) vehicles would no longer be needed. After 30 years, everyone skilled in areas related only to ICE vehicles would have to be let go, along with all the suppliers. For instance, those who have been manufacturing camshafts and specialize only in that would all lose their jobs. Electric cars are much simpler and consist of fewer parts.
In China, this isn’t an issue—there are no labor unions (fun fact: the country calls itself communist), and extremely ruthless, wild capitalist conditions prevail without any worker representation. Employees can be fired at any time. This is one of the greatest advantages the Chinese have, alongside lower wages, the lack of labor and environmental regulations, and, of course, significant state subsidies.
I am absolutely left-wing, but we have to acknowledge that maintaining jobs that have become unnecessary isn’t feasible. However, we must ensure the livelihoods of workers who are laid off.
43 commenti
Isn’t this kind of meaningless to compare different cars? Is it cheaper because it’s in China or because it’s a BYD instead of a Volkswagen?
We helped build our own destruction.
People have been saying this for more than a year now. Chinese manufacturers are able to produce good cars, cheaper. US and European manufacturers have to come up with ways to reduce their costs. This can be done through automation, outsourcing jobs to cheaper labor markets, or by paying people in their own countries less. There are no other ways if they aim to remain competitive.
And lasts 77% less as well.
Also the quality is much lower of BYD
Ok, now ask yourself, who makes a better wage – a German, or a Chinese automotive worker?
This is the same old story like it was with Xiaomi phones flooding the world market. Heavly government subsidized companies, with products priced to be sold at a loss, with interest to saturate the market and choke out competitors.
Time passed, look at Xiaomi – atm no different than Samsung with prices in each tier of phone.
They are propagating the same strategy with EVs. Price as low as possible, made by one of the cheapest labor in the world, then when some of the competitors get choaked out, scale the price up to the normal level.
I remain a conscious consumer, I try to vote with my Euros where it impacts our economy better. I’m a Skoda customer as long as they compete.
That’s why we need tarrifs. China has run it’s economic model of giving cheap loans to industrial companies for a too long time and the chinese purchasing power can’t keep up with it, so they made the bet that instead the world will buy their cheap products while calmly accepting the loss of their own industries. The next step for China would be to become a consumption economy like the US in order to unlock more wealth. So putting up tarrifs will also help them to do this transformation.
[removed]
I’m flabbergasted!
Of course its cheaper in China. The secret ingredient is slave labour.
One thing I’ll agree with about Chinese cars is that they are cheap. Maybe that’s the problem with European production. Cars got bloated with useless gimmicks, like light sensors, rain sensors, etc. Maybe we should rethink what is really needed in car, while keeping up the level of material quality. Our cars could be significantly cheaper without this bloat, while not letting mud inside the cabin, for instance. A lot of my friends is saying that cars are ridiculously pricey, and the only new car they would consider owning (as opposed to leasing) would be Dacia. And those aren’t people who couldn’t afford VW.
How is the price of the BYD Seal from 2021 when the car was only launched in August 2022 and only reached Europe in September 2023?
Also, Seal is D-Segment, ID.3 is C-Segment.
Kind of misleading since BYD makes most components of the car in house which is cheaper for them than buying everything from a supplier like Volkswagen does.
So in the end the biggest difference in cost would only be labor and distribution.
yea but wouldn’t it be approximately equally cheap to produce in vietnam, indonesia or india or similar ?
The 77% cheaper workforce cost hits hard on an emotional level, but it was also kinda obvious as wages in China are way less than the western world.
Just don’t buy chinese horseshit, easy. Have some integrity.
When you are paying your workers 100 usd per month and you don’t have to spend money on worker protection and benefits, of course it’s cheaper. That’s my main grip with an unchecked global market: countries with low ages and weak worker protections produce cheaper goods and flood the markets of the other countries, replacing their industry. Sure, we end up having a lot of cheap stuff, but at the same time, we become dependent on other economies, and basically slave wages and conditions.
hmm – let’s deduct the enormous boni and salary of the CEO and the upper elite at VW and compare the prices again
Some people are blind to read the graph with a stereotype of cheaper labour in China, don’t you notice that labour cost contributes to a fraction of production costs? The education system is really broken in some countries.
There’s a small catch here: slavery is not legal in Germany. In China a minority of 100 million people has enslaved the rest of the population.
Unless it’s the exact same car this comparison has 0 meaning.
> production costs are much lower in China
sir, are you ignorant or just stupid?
i’ll always choose a costly high quality Volkswagen over PRC Xi mobile.
Labor is the least impacting cost on that chart. Instead, it is always said it’s one of the most important aspects impacting the differences with prices of China’s EV.
We must stop the spread of this kind of bullshit when someone comes up by blaming European salaries and welfare. They need to go to fuck off.
Everyone saying these Chinese cars are unreliable and will break after one pothole are so wrong it hurts. These cars meet EU and USA safety standards now. They can go toe to toe with anyone other car on the market. They are cheaper and more reliable then most cars produced in EU/USA. How come Korea and japan make great reliable cars for cheaper but when it’s China all the sudden they are crap?
Source: UBS. I guess we speak about UBS the bank?
Nuff said. They don’t care about workers’ rights because the cult of Excel charts forbids any action that may disrupt the anticipated economic growth.
You have 100 % better quality in Germany. I know a guy who works for a European car producer, and he was sent to check quality in their Chinese facory, He said in the car seat stuffing, you could find a lot of strange stuff for example.
If these stats are correct China’s manufacturers could quite literally double wages and still produce a cheaper car whilst simultaneously directly raising the living standard of a significant amount of it’s citizens which would directly lead to a stronger economy.
Are these identical cars?
of course the labor cost is far lower lmao
Yet, i would not have purchased an e-vehicle from china even if i could.
EU products must meet safety norms the chinese dont give a flying duck about.
Why doesn’t anyone mention sales margins also?
European cars are likely more overpriced, to boot
And our politicians only complain about the working class and how the working class has way too high wages meanwhile there are like 10 other factors that influence the price of the product, absolute sham.
First of all, I don’t get why people are so obsessed with with fucking cars, don’t you have enough of them?
Price is one problem, the bigger issue is that many europeam EVs simply are not that competitive as a product even when the price is excluded, and not only with Chinese EVs. Compare an ID4 with an EV6 or Ioniq 5 and they simply don’t cut it. Then take an ID3 or the Stellantis unreliable pieces of crap compared to many of the Chinese cars…
Yeah but they dont pay the Chinese worker jack shit and half of them die every year from lack of OSHA.
Now do this for quality
What about quality control? What about business ethics? I like my car producers to be accountable for the faults, and I want them not to exploit their workers.
I’m not saying Volkswagen is perfect, but I am saying I mistrust Chinese companies (and to a high degree also American companies) more.
The difference is even more striking if you compare the BYD Seal with the Maserati GranTurismo Folgore
Tax will solve the problem…
Just miss the freight cost of transporting a car from a factory in China to make it comparable.
This is far more complex than it seems. Electric car manufacturers who started with electric vehicles have a huge advantage. In Europe, labor unions and workers’ advocacy organizations are strong. In reality, many people currently working in the production of internal combustion engine (ICE) vehicles would no longer be needed. After 30 years, everyone skilled in areas related only to ICE vehicles would have to be let go, along with all the suppliers. For instance, those who have been manufacturing camshafts and specialize only in that would all lose their jobs. Electric cars are much simpler and consist of fewer parts.
In China, this isn’t an issue—there are no labor unions (fun fact: the country calls itself communist), and extremely ruthless, wild capitalist conditions prevail without any worker representation. Employees can be fired at any time. This is one of the greatest advantages the Chinese have, alongside lower wages, the lack of labor and environmental regulations, and, of course, significant state subsidies.
I am absolutely left-wing, but we have to acknowledge that maintaining jobs that have become unnecessary isn’t feasible. However, we must ensure the livelihoods of workers who are laid off.