Comments by "Louis Giokas" (@louisgiokas2206) on "Vehicle’s Main Beam Twists as Easily as Tofu! BYD’s Luxury SUVs Are Trash" video.

While I am not a fan of China or the CCP, I do have to take issue with your characterization of the situation in China. The fact is that it is normal. Look at the dawn of the automotive age. In the US and Europe there were probably about as many brands. Look at GM in the US. It was, until a rationalization a few years ago, made up of eight brands. It now has four. These were originally independent car companies. Chrysler has at least three brands and has shed some over time. These also started out as independent producers. Ford had three brands and now has two. If you add up the brands that made up the US big three automakers, you get about 15. Look at the British car industry. The story is the same. Along the way, many independent producers did not get consolidated and just closed their doors. The statement made at the end of the video that ultimately only 10% of car makers in the Chinese EV space will survive is probably correct, and normal. This whole arc of many brands at the beginning of a new product cycle is a part of normal growth. This can be seen in industries from locomotives (steam and diesel) to computers (mainframe and personal) to software to search engines to social networks. The issue in China is muddied by state subsidies. This forms part of the capital of these brands and can distort the market. That is the real problem, not the proliferation of brands in itself. In the rest of the world, this proliferation was funded by private capital. That is the difference when trading internationally and what the EU and US are looking at. Nothing more.
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