An electric car made in china. A city that struggles the divisional and the motor home. Well, the thing is i was trying his new tv manufacturers are making their way into your home. Ok, here is what im in munich. Germany still gives cost city to find out what the germans lancaster china is tv offensive. As you know, were going to try to show some of the cars, a symbol of human intelligence. Technological progress was hard for me. So its my biggest dream is a kid has to be involved because i need in china for the single. And just when i go almost last, hold in 2016, a good friend from shanghai, you know, send me a Product Launch video from a Company Called me up to the chinese new meal means future problems. My friend excitedly told me what the future has be going for us. Save the, im sorry. In the next few years, i could see my childhood dreams coming true. More and more easily. Always size meal friends like the shan next name, b, y, d de leon jones. Thing all sorts here. The send the know the name of the whole set to come to the European Market in june, april 2nd. Please enough for me to go directly to the streets of view next to find out what the germans think of the ex, paintings. B, y ds, links to the now popping up more and more often in the streets of this tradition rich city, the chinese car, i would say, do you know that its very simple. Just guess, you know, im guessing because i think theres a lot of good cars come from there. But lets colognes the way. Do you think the scars from see, does it look like a bmw of you from the side, but from the way youre asking, it probably isnt. What youre hung chose if you cant do it could be from bavaria. Where do you think these guys from home . I know id say china is because most high and bars are only china, you know, the quality and theyre good quality. A lot of chinese makers werent so high quality at 1st baptist. Im surprised that well informed the people in the streets so i dont want you to attach people in germany, so to maybe in china is this the 2nd quarter . Sure. For this ship that now made in china. It looks like this is such a boat general among the chinese comic is now gaining a foothold in europe. Tony b y d is a strong this competitor with its logan and sales your dream, cdp. Why do we used to be synonymous with poor quality in china . Those hobbies will truck although before i have to say this is completely different from the b y d cause i used to drive it almost in a pile with german mid range and luxury cause really surprising. Im an automotive experts. Ive taken note of this the chinese manufacturer will have a big market share in the future. If they learn to adapt the models to determine customer uh, expectations, the chinese manufacturer, they have to learn a bit to them and, and it is quite important for the chinese manufacturers to a half your footprint and also in the development phase. And the unique is a good spot for that unit where the i a motor show recently took place is one of the leading centers of the german car industry. No Chinese Brands are making their presence felt the hon dominique, chinese car makers of open that headquarters or Research Facilities here in one unit for joshua glenn georgia, highways. For example, the call maker founded in shanghai in 2017 spaces Technical Development center in munich. And one of the china is largest carmakers. Great. Well, sales e cause like or in germany, and its chosen munich for its your opinion. Headquarters in germany, especially in southern germany, with a lot of infrastructure is very important to the industry. So thats why we choose to get our headquarters down to munich, but we have on the one hand side tell them. And on the other hand, side, infrastructure when it comes to suppliers, connect since with our partners like bmw, neil the up and coming chinese startup focused entirely on electric cars, located its design and brand Development Center in munich. Right after its founding. Since 2017, the chinese e d manufacturer has been fine tuning its product range in the various traditions out. What is this absolutely right decision, were very proud of the 1st. It allows us to gather the metal design 1000 from all every year. And were gonna take the generation, we already have over a 100 top designers from 30 Different Countries that are a Global Design headquarters in the attic to 2nd, all of our models currently on the market are design engine unit pricing to since thats actually time. So tumble, dont live, so you wont be afraid of showing. And theres another reason why gemini is so important to the chinese and that your opinion offensive it has very long and alter additionally when it comes to comic. And therefore, it is a very complicated market for every new entry. I would say, if you can make it to you, you can make it anywhere. Germany is very important. Its a big problem is you can make it to you that you cook many kids in the market. Chinese rely not only on top products, but also Innovative Marketing trinity or theater. So were showing those call dealers of even opened special clubs in unit children killable at the link below. For example, you can not only find out about the products, you can also least buy bottles to help design the car. Theyre also trying to create a brand community. Link fans can meet up with events for just over a cup of coffee each facility spinning wheel, im always open to new things and i think its good, especially for this establish the German Market. That a Little Something different comes along. Im the com, it looks good. Its insanely luxurious when you get in, i expect that the price is fantastic. Its great value. Since 5, this is tory, real quick. I mean, were, can you get so Much Technology so much cost, so much space for this price because you have to come with a lot of understanding and a lot of respect for that german consumer. So i think, you know, when you, when you understand that, and you can create a Value Proposition without german consumers as hang, thats really great from a product perspective because they know what a good product is, but also from a Value Proposition. Then if you make it here, you can make it anywhere on any chance youd pick a car like this instead of a german 1. 9. Know, since my parents have always driven german cars, id rather look at a german car for us to before looking at cars from other countries. So its also on sort of the voice mail out of the vin on so is it is also a question of price, of course, as like to see this car is much cheaper than a car made in germany. Likely, bmw, of course i consider buying one the cost saving ribbons was 1. 00 of us a call from products which are much cheaper to minus 25 percent positive conditions. No Energy Prices invest relations. They thought that was would be much earlier in china. So service also already some motivation investment. So its also easier to come to germany, china and the car industry, the complex topic to get more clarity. Im bringing in an expert. Daniel gives you a set of joint ventures in china, bmw. What for a number of chinese call brands and founded the startup bytes of, hes just launch the company that aims to help the mobility made in china make it break through with new marketing concepts. I mean, youve already founded several companies in china. You experience that back so, but then you get back up and start over again. What makes you believe to so much in the power of potential some of the chinese e car industry or dental . Im sure theres a good software. Sure. You have what im waiting. Thats the entire evolution of this industry. Good question. Im going crashed, visit very successful. Lets see for this, after you go home in the 2nd chinese car makers have become very fast wood and competitive along the way, whats going on, and they have strong products. You can go on her tongue pdf and so mine is one decisive factor in these competition. China started systematically developing intellectual ability the industry, 20 years ago. So initial, someone at that time the government started encouraging everyone to build electric cars and whether startups or traditional car manager, the whole system was on for you. The Chinese Government initiated a very good industrial policy and so Many Battery Companies and suppliers and the electric cars supply chain could also thrive. Going from keiser truvada in order to get the cars off the ground. China provided government funding to the r m d of all the mobility components that mans uninterrupted supply of all the Raw Materials needed for the batteries, electric motors. And so thats one reason the chinese is now overtaken. The germans, the field e mobility depaula bureau in beijing decided hyundai, determining the product range of chinese comic is from the very start. And its also place the great deal of emphasis on efficiency and inexpensive small cars. The onslaught of chinese electric cars in europe is now a serious threat to the german car companies. The former top dogs, the oldest of industry. And the 2nd we are watching this closely. We have respect to the speed and quality of the work. As a german car maker, were still very strong and all Hardware Components of metals on this deal. But we have a hard time with software. What does that make in our supply . Chains dont allow is the same speed as the new players to be on the front end of the day. Its always a Mountain Time to market. And i think thats the big edge of the chinese, the tires. They have a lasing faster time to market on sky than talk to mark the german car industry has long struggles react quickly to the market for this fall from throwing in the towel. Any costs thomas is in stock, its a tough competition for us. But in the end its good because it challenges on a solid, we have a Clear Strategy and kind of deal with that. And now its about who is the head of the game or not the. The big thing in the Automotive Industry is who is gonna build the folks login of electric . Its not there yet. What means that the fault . So it means in the Affordable Electric on not much more expensive than a comparable guess with income. I believe just call this us be brought to the market by chinese. And this is the true game changer. If it utilize the car for a site, not my kind of car. I knew all the old to buy it cause she was i dont know if its the kind of car we need in the future. Oh, okay. What kind of cars do you think you need in the future . Cuz im all the cars that are spacious, that have features where you can transport things to one and home on the 15th. Yes, its a nice room if you would choose a car. We couldnt say the one like this on also in professor. Yeah. Yeah. Is there anything you dont like about because Human Resources is really i would probably not buy such a big car. I dont need it. I need a small one or the city, or some time my impression from talking to people in the very metropolis, even tradition bound munich. People seem to be more open to the chinese car offensive the night expect it. There is little evidence of jim and fear in the streets, the walls harvesting kids. My biggest dream is to somehow be involved with cars that are made in china. And now im driving the car from china, through the streets and unit. The last few days it felt like a dream for me. Ive never driven to so many cars from china and german road dealing with you to send that you guys are told you left your home, which was exceptions of the new chinese comic is on the German Market here has exceeded my expectations of a sentence out showing events cottage, because all the chinese e cause and the your p and markets or fox are high end models sold them to dominate. So your, the market in the future depends on whos the 1st of us, say affordable products for the massive savvy. And the chinese oems and makers are also well prepared for that to well, the, to, after all the goals. Theyre all already many small electric cars on the road in china. Well say that again to the future of mobility is exciting. China in germany, it will certainly play an Important Role for some time to come. And i dont think its the last time ill drive through munich and a chinese car. The cars, car cars, a global phenomenon with millions of unique stories. That could be in a german coffin. We need you guys wherever you are. However, up here, select what the question is. Now, where should we go . Right to wherever you are, incentives your stories and your crazy car into vs. Lets catch up soon. On the attack killer race cars, one of the specials, gleaming classics, the national autumn, easy and detailed style north of frankfurt, exhibits of 150. 00 choice vehicles. The altos and i left the car, theyre all authentic, technically all in Good Condition and all generally roadworthy right now. Of course, theyre in the museum, so visitors can view them all, but we maintain them and keep them all and running condition. Completing the little m w i live at the top of applied executive director, florida and or bitch, has plenty of Specialized Knowledge and stories to tell about each car this ferrari f 12000. 00 is legendary. Its what Michael Schumacher drove to his 3rd formula. One championship title in 2000. Yeah, formula is as naturally fee of course formula 1. 00 of the highest class of auto racing. I have the ferrari name and Michael Schumacher the all time. Greatest racing driver have a very special place. And then from that side, whats brought together here is quite exceptional from this comes with the museums, also known as the low collection, the one time private collection of multi billionaire speed, him low for 35 years. He tracked down some very special wheels. And exceptional rarity is this benz victoria from 1896. 1 of the oldest vehicles on display here and with oh, original parts. Does this even come to 5 thats oh no accident. The cars, like the victoria and Michael Schumacher, his World Championship racer, are standing here rather than just any old car or just any formula one race or and then marked. It was low as a level of detail that made the museum. What is today was him here to didnt get my mothers hodges a glance at the museums own app is all it takes to get a good overview of the vehicles on displays. Its one automotive dream. After another 2 seconds, it really is a dream. Im cold. Temperature you can do for me to just trust me. I told them pension me back. There is a bu godaddy. This 2005, my back seller wrote is the only one ever built. Instead of record of 351 kilometers per hour. Though its not the fastest street legal machine in the museum. Yeah, met him who got to available. So 1st quote here we have the body of around supersport, one of only 48. 00 ever built. And in 2012, this car was the fastest on earth to submit it, made again as World Records with a tops need, a 431 kilometers per hour, advisors time. Ha. And theres a special exhibit in honor of the legendary 24 hours of lamar with 21. 00 race cars chronicling the endurance events history. Every machine stands for a milestone in technological development. Gets type ones, im was the art museum, may be exhibiting internal Combustion Technology for the most part. But as a museum, were not closing ourselves off to electric vehicles in the kidneys. The National Auto museum has opened one of your largest private car collections to the public and invited everybody on a journey back through the history of the automobile. The. Did you know that 3 letters, c o, e can add 100000 to the cost of a car . Welcome to singapore, home to the most expensive cars and 2nd hand cars in the world. The Mercedes Benz is one of the most popular secondhand cost. As you can see, the 6 year old call is over a 100000. 00. Discount buys to new cost in germany. Raves julie and chad went on a journey through her approximately 730 square kilometer home country to try and uncover why cars cost. So much and single board so what is the c o e or the certificate of entitlements before you can buy a new car and singapore, you need to have a highly coveted permit that allows you to own and drive the car for 10 years. In order to register your car, you need to have the license, which is called a c o e certificate of entitlement before you can register a car and put it on the route. Since single floor is a 0 gross market, with only around 600000 private cars allowed on the road at any point in time, theyre only around 600000 c always in existence. New c a we use can only be issued once older. Cars are de registered, taken off the road and scratch. When this happens, a bidding process gets underway, and these fido certificates go one to the hammer. And since theres a limited supply, they arent cheap. In todays market to see reprises is so high, right, is wrecked. As full on the peach in no small cost, you have to pay 100. 00. And 1000. 00 is just for the certificate of entitlement directors that youll call. And besides this, you have to pay the tax a r a, a just the custom new fee. Everything you add up when you buy a new car and single pull, you dont just pay for the car itself. You pay for the car and the certificate of entitlements. And when you buy a used car, the cost of the seo is built into the price tag of the car. But how expensive the 2nd hand car will be depends on its condition. And how many years are left on the existing c o. E, i drive a united to mt a bmw. Oh, i bought it 2nd hand so it was about 114000 cars. Cost in chapel is very expensive. This with all adults, but i myself, uh, i am a fan of costs, so i like costs a lot. So despite the price, so try my best to be able to afford the condo. One do understand why the seo we exist. We need to head back to the ninetys wh