of the planet down to up to 10000000 different brain spaces and provide most of the worlds by diversity. not only do the ocean's help feed us, but they also regulate out climate. they capture more common than anything else on the planet and also observed around 90 percent. the heat generated by rising emissions will have to leave you the coming up. china doubles down on electric cars, putting pressure on foreign comic it's from what's has all the business boy, the some hot tips for your bucket list. magic corner check. hot spot for food. and some great coach on the board is to vote w travel off we go. hey guys,

it's evelyn charmaya. welcome to my pod cast. last matters that i invited celebrities, influenza and experts to talk about all playing loved data. and yet today, nothing less the south. all these things in more and the news season of the pop. com. make sure to tune in wherever you get your thoughts costs enjoying the conversation. because you know it's last matter of the, the overtaken in the own market. searching inputs of chinese electric cars have germany's phone groat and auto industry checking the refuge mirror from north to in life back yards to yes, please. wind turbine builders finding ways to win over the low cost is the state of

your business on robots invalid and welcome to the program. chinese made electric cars fast becoming a major force in the vehicle sector with toner itself and one span a key target market for gym and combat. because now the tables appeared to be tending more than a quarter of the electric vehicles being imported into germany coming from china building on chinese dominants back home for. ready meat, nancy, that's a nice government could hardly wish for a better car buyer. 6 months ago, she bought an electric car here in may, june finance. it didn't go for a ford model, but it's a nice one. neil, you mean to be honest, i think almost all german costs still have combustion engines. they don't focus on electric cars like me, with the young trends. i was also looking at the push to tighten at the time. but the range wasn't that good, otherwise you might have maybe even bought

a foreign model. hi, paula, georgia. how does she? how know what nancy says has long been recognizable on china streets, 80 percent of the car sold. i'm no chinese brands. this could have catastrophic consequences for german manufacturers. for the 1st time in decades, b y d has replaced volkswagen as the market leader and the people's republic. german electric vehicles are trading in the market. both volkswagen has a market share of 2.4 percent bmw, mercedes, an audi can't make it to even one percent. how did the studies electric call me? we could come about. why did nancy also choose the chinese model? after all, what counts for them is a significantly fast to delivery time digital x dress, and a comprehensive service. now who knows what i'm looking for strength and technology, he could cost range and the battery and i if the battery is performing as long as you use, the manufacturer will buy back the best rate and the cost. and then i can buy

a new one. all those guarantees were the reason why i chose this brand new, should i was able to change on, i mean i but it's also a fact that the switch to electron mobility in china was decided by the government . and has since been massively promoted. there are no tax this when buying and electric car and up to the equivalent of $20000.00 discount for an electric car is not uncommon. the countries car manufacturers receives states subsidies and have competitive advantages over 4 and companies. this is also reflected in the prices and the popularity with customers. the visa. when i buy a car, then it's the lee or the y d, or child kindly. there are many exciting models from these 3 brands. b r b y d test a child tongue of the 1st 3 brands that come to mind who does. yeah. ready the

state of again, that works many chinese and now avoiding with some products since 2009, the government has spent more than 26000000000 bureaus to promote electric and hybrid cars. even tested out, which is the only ford manufacturer, an able to assert itself in china, you called market advertises with dumping prices in order to be able to keep up at all. tests like china costs 40 percent less than in the us. but i've also been speaking to repeat a simple from the technology and engineering consultancy cap gemini, as an auto industry analyst. and i asked him how chinese electric comedy, because it matters to become such a big players in the european market so quickly as well. quickly this is a, this is uh in the eyes of the, of the, of the iris. fine. uh, the whole power of the chinese electric vehicle industry are still looking to have any change is to resort also very smart. right?

that long reach an industrial policy already in 2015, the chinese government, great that they're made in china 2025 industrial policy. which more or less that china should become a dominant player in several excellent logical fields and not only the dominant domestic markets, but in the global markets. and one of those areas of the chinese government's or strategic wants to build up of a competitive electric vehicle video chain item analysis trends. and 15 of the major players receives billions and billions of rent being beat in subsidies and support. and of course give a government goodwill, right in order to do that up and paired with chinese engine weights. and now we can see the results attractive products, great technology at excellent price point light. so not the are ready to go global . it took about great quality and great technology, but chinese products still don't necessarily have the reputation of those

particular qualities. all your being consumers going to want to buy chinese electric vehicles. as the point you mention, this is really want us to be sure c o y a. that's called a bunky a take home or a store in market. it's not granted that it's not given because there is disability conception of the image about chinese products that the quality sometimes is next semester, that they have shortcuts in the product safety and so on and so on. right? but the chinese williams are well aware about there. we mentioned those markets and they want to change. and, and if you look at the current products, the chinese oems are printing out in china flow to chinese markets or the products which they want to a concrete was east market. it's not necessarily entry vehicle sales like 15 years ago. they're going to middle class. so like, so it's, let's look closely at those cars. you see how well the on me, how careful design was made and that their overall good package up with an

effective price. not necessarily super cheap, but the executive clearly, there are some ways where the traditional comment or secretaries are superior, maybe a defined seen. it shouldn't be. the quality made the, the application of the best application of the driver assistant systems as well. but i think what it's very important to understand is that the level of the chinese products of the chinese vehicles to date is of power cry from the the image. most consumers might still have independence. there had an issue when we're talking about advancements and chinese technology is ins like intellectual property, particularly when it's due to an area that companies elsewhere in the world are already, you know, well established and how much is the success that china is how they and being able to make products so then i also say that, but how much of that is down to coughing technology from the competitors in your life in the united states? a yeah, let, let me answer some songs on the 2nd side of the chinese government had installed

the policy if you want to enter the market, right, they need be a close collaboration with the local industry giants at the so called joint ventures, n s a s a, as a nature of to see one and in order to gain marks and excess, you will have to involve local companies in designing, building manufacturing, your products. then this is created. this also is an exchange of and on over the years you learn from your partner. so i think this is the same if, if companies are coming to europe, right. and building their own engineering design centers and manufacturing sites on that. yeah. it's an inflammation exchange in both lights, right? then the slightly different isn't it and that's and the company is, are required to form a joint venture if they want to operate in china. meaning that the exchange of information has to happen where i know that it wouldn't to you. right. but this is the bargaining power of the chinese government. yeah. because they have a huge market which promises billions of, of you know,

friendly being prostate and you have your brand new, you get access to these marketing by opening up. you know, this is the deal, but this is not something which is you want. and for many years, the carpet for companies, it was a good deal. let's stay with bay transition to green or economy and, and germany has big plans for renewable energy this decade with wind turbines. that's like a major role in that. if they can find social acceptance, that is especially in more robust of the country when not all happy about the joining structures. now, some developers are finding clever ways of winning the residents, including them, including by giving them a cause of the profits in the town, under wind turbines. there are 37 of them in dodge as time. and those who live here see them all the time. like i go to going to his grandson doesn't know any different for his grandfather to they have long been part of everyday life. we

strolled those up to doesn't bother me at all. we sit outside a lot in the summer and it's no problem. i put it in the mood is completely different, 120 kilometers further north, near, eluded at 44 wind turbines are an operation here, but no one likes them, like tanya schultz who misses her unobstructed view and something else upsets her. the increased electricity prices, she has to order electricity elsewhere, and her provider is now raised the price per kilowatt hour from $22.00 to $0.46. and with latrice, yes, one becomes naturally angry and they basically double the price per kilowatt hour. and that's, we've got everything on our doorstep and we don't get anything out of it and everything becomes more expensive and we get nothing. o one please. types to bad does what? because they're sort of back in dodge of time. things are obviously very different here. the wind farm has made sure of that. it gives local residents a share of its profit. i can do so. residents can benefit from cheap electricity,

$0.30 per kilowatt hour. peter schultz has opted for this. his previous provider raised the electricity price to almost $0.60. if the investment they are released is because actually many things that increases that my money that has an increase much or the wind farm does even more. the operator voluntarily transfers one percent of the profits to the child's associations. the mayor is also pleased with the income from the business taxed and can offer residents even more. the bill was one of our citizens and we limit this to our own village here and can make a direct capital investment in the wind farm out and they receive an annual interest of at least 4 percent off. yeah. and when the wind blows, it's even more fuel puts in. when the vin, each bit of mail word has spread. the secretary general of the world wind energy

association from bon is visiting dot of time. he knows how important it is to get local residents on board. if the energy turnaround is to succeed and you know, to see some people can identify with it, they become part of it. then they are to some extent and also lobbyists on the ground for wind energy. they want to have in that themselves. um, there is a good chance that there will soon be more supporters of wind power in germany. companies are now legally required to involve local residents for tonya schultz. it's a little too late to stop a reminder of the top business story that we're following for you. this allen chinese right electric cars are fast becoming a major force in the vehicle sector more than across as the electric vehicle is being imported into germany coming from china building on the dominance con or so for me, in the business team here in berlin from all head to data, we dot com slash business, all the data, the news, youtube channel,

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