A city that struggles the traditional and the modern televisions are chinese, new tv and manufacturers are making their way into the your market. Short term, i mean unit, germanys took your cost city to find out what the germans lancaster china is. Tv offensive is, you know, were going to try to talk to some of the car is the symbol of human intelligence and Technological Progress you will hardly. So its my biggest dream is a kid i should be involved with, cause i need in china for the single it just when i go. Almost last towed in 2016, a good friend from shanghai, you know, send me a Product Launch video from a Company Called me up to a chinese new meal means future problems for my friend excitedly told me. The future has to be gone. For us, save the, im sorry, yes im in the next 2 years. I can see my childhood dreams coming true more and more. So youll decide if any of friends likely less young x name b, y, d de leon jones thing. Also here, since i know the name of the whole set to come to the european markets in june, april 2nd please. Enough for me to go directly to the streets of unix to find out what the germans think of the ex, pings b y. These links that are 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 to be simple, just guess you know, im guessing because i think theres a lot of good cars come from there. Whats colognes, where do you think these cars from so you dont, it looks like a bmw of you from the side, but from the way youre asking, it probably is what youre hung shows. If you cant, it could be from bavaria. Where do you think these cars from home . I know id say china is because most high in cars are only china assessing also. So you know, the good quality and theyre good quality. A lot of chinese makers werent so high quality it for us to look better. Im surprised that well informed the people on the streets. So theyll work easier time people in germany sort of and maybe in china, is this the 2nd quarter . Sure. For this ship that now made in china and it looks like this is such a board 0 among the chinese comic is now gaining a foothold in europe zone u b y d is the strongest competitor with it slogan and build your dream. Thats easy. Why do we use to be synonymous with poor quality in china . Hobbies control. Ready although before i have to say this is completely different from the b y d, cause i used to drive its almost in a pile with german mid range and luxury cars. 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 to mobile, to determine customer, uh, expectations for 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 brand also in the development phase. And the unit gets 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 goal can do many chinese car makers of opened their headquarters or Research Facilities here in one unit for josh or glen 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 comic is great. Well sales e cause like the aura in germany and its chosen munich for its your opinion headquarters in germany, especially in southern germany with a lot of infrastructure. Hes very important to the industry. So thats why we choose to get our headquarters down to munich, what 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 stock job focus entirely on electric cars, located its design and brand Development Center in munich. Right after its founding. Since 2017, the chinese, the manufacturer is being fine tuning its product range in the various triggers runs out. What is absolutely right decision, were very proud of the 1st. It allows us to gather the metal design outline from all over europe. Were generation, we already have over a 100 top designers from 30 Different Countries that are a Global Design headquarters in manic who 2nd to all of our models currently on the market. Our design engine unit pricing tool. Since that says shes on so temple 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 an old, traditionally 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 its you can make it to you that you put many kids in the market. Chinese rely not only on top products, but also innovative marketing. Trinity was here to, fortunately its called the lives of even open special clubs in unit children. You look at the link below, for example, you can not only find out about the products, you can also lease by borrowed to help design the cost. Theyre also trying to create a Brand Community link fence could meet up a defense, which just over a cup of coffee the facilities for the im always open to new things and i think its good, especially for this establish the term in marketing. That a Little Something different comes along. Im not cool, it looks good. Its insanely luxurious when you get in, i just take that price is fantastic. Its great value as nothing surprises this total real quick. I mean, where can you get so much technology, so much cost, so much space for this price, the price 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 where that german consumer says, hey, thats really great from a product perspective because they know what a good product is, but also from Value Proposition. Then if you make it here, you can make it anywhere. Will be on any chance youd pick a car like this instead of a german 1. 9, its been no 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 on some of the voice mail out this was on the non so is it is also a question of price, of course is like the guys car is much cheaper than a car made in germany. Likely, bmw, of course i consider buying one the cost saving, moving, so its own also its a call from products which are much cheaper to minus 25 percent positive conditions. Low Energy Prices invest relations. They thought that was would be much earlier in china. So there is also already some motivation on the 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 from a b, m, w. Worked for a number of chinese call brands and found it starts up by talking. Hes Just Launched a company that aims to help the mobility made in china. Like a breakthrough with new marketing concepts. Means youve already founded several companies in china. You experience that back so then you get back up and start over again. What makes you believe so much in the power of potential some of the chinese e car industry and what dental . Im sure theres a good software. Sure you have what im waiting is the entire evolution of this industry. Good question. Go fast visit. Very successful policy for the 2nd term really you go home in the 2nd, chinese car makers have become very fast and competitive along the way, whats going on, and they have strong products. You go all the time the, the wrong time is one decisive factor in this competition. China started systematically developing its electron mobility industry 20 years ago. The swedish or something. At that time, the government started encouraging everyone to build electric cars and whether startups or traditional car makes the whole system was on for you. The Chinese Government initiated a very good industrial policy and so Many Battery Companies and suppliers in the electric cars supply chain. But also thrive, going from keiser to ponder, in order to get the cars off the ground. China provided government funding to the r and d of all the mobility components that mans uninterrupted supply of all the Raw Materials needed for batteries, electric motors. And so thats one reason the chinese has now overtaken the germans, the field e mobility, the politburo in virginia. Thats out of hand in determining the product range of chinese comic is from the very start. And is 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. Second, by watching this closely, we have respect for the speed and quality of the work. You know, as a german car maker, were still very strong and all right where components we met with on this deal. But we have a hard time with software that makes in our supply chains dont allow us 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. I pay us the best always if they have a blazing fast on time to market, on scheduling time to mark the german car industry has long struggles to react quickly to the market. But its far from throwing in the towel. Any thoughts on this isnt stock. Its a tough competition for us, but in the end its good because it challenges on a solid. We have a Clear Strategy on how to deal with that. And now its about whos the head of the game on, on the, the big thing in the Automotive Industry is, who is going to build the fort smog and off electric. Its not there yet. What means that the fall to it means and the Affordable Electric on not much more expensive than a comparable guess of income. I believe, discover the sus be brought to the market by chinese. And this is the true game changer. If it utilize the car, the 1st sites, not my kind of car. I know all the old to buy because he was i dont know if its the kind of car we need in the future. Oh okay. What kind of cost do you think we need in the future . Good model cars that are spacious, that have features where you can transport things to one at home on, on. If its the car, yes, its a nice room. If you were choosing a car, we didnt say the one like this on the old in professor. Yeah. Yeah. Is there anything you dont like about because human resources, i would probably not buy such a big car. I dont need it. I need a small one in the city or some cuz i know 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 than id expected. There is little evidence of jim and fear in the streets, the harvesting kid. My biggest dream is to somehow be involved with cars that are made in china. And now im driving the car from china. The really streets in unit the to the days have felt like a dream. I mean, ive never driven to so many cars from china and german road dealing with cisco sends that new york. Its on the left or home, whatever for me, the substance of the new chinese comedy because of the German Market here was exceeded my expectations of a summons that showed events or how does because all the chinese e cause and the european markets. So fox are high end models, oldham, who dominates the autopay and marketing the future, depends on whos the 1st off us and affordable products for the massive savvy. And the chinese oems and makers are also well prepared for that to go to, 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 in a chinese car. The cars, cars are 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 flick the right. What the question is now . Where should we go . Right to wherever you are and send us your stories and your crazy car into the lets catch up soon. On the attack killer, race cars. One of the specials, gleaming classics, the national autumn, easy and detailed child north of frankfurt, exhibits of 150. 00 choice vehicles. The auto accident i left the car, theyre all authentic, technically all in Good Condition and all generally road where things like, you know, 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 front of applied executive director, florida and or bitch, has plenty of Specialized Knowledge and stories to tell about each car. This ferrari f 12000 is legendary. Its what Michael Schumacher drove to his 3rd formula. One championship title in 2000. You have for me to insist naturally fee of course formula 1. 00 of the highest class of auto racing and the ferrari name and Michael Schumacher the all time. Greatest racing driver have a very special place and i still havent found that side. Whats brought together here is quite exceptional from those companies on the museums, also known as the low collection, the one time private collection of multi billionaire speed, him low. For 35 years. He track down some very special wheels. And exceptional rarity is this benz victoria from 189061. 00 of the oldest vehicles on display here and with all original parts of the same kind so far that so often no accident that cars like the victoria and Michael Schumacher his World Championship race or are standing here rather than just any old car or just any formula one race or, and then mark, it was low as a level of detail that made in the museum. What is today, was him here to them to mask. Mazda is hard to is a glance at the museums own app is all it takes to get a good overview of the vehicles on display. Its one automotive dream, after another 2 seconds, it really is a dream. Im calm, coverage in conformity, just frustrating. I told her in pinch me back, there is a godaddy. This 2005, my back seller wrote is the only one ever built and set a record of 351 Kilometers Per Hour. Though its not the fastest street legal machine in the museum. Yeah. Met him who got the vehicle. So 1st quote here we have the body of iran, supersport, one of only 48. 00 ever built. And in 2012, this car was the fastest on earth this method made. Again, this World Records with the top speed of 431 Kilometers Per Hour and buys this time. Huh. And theres a special exhibit in honor of the legendary 24 hours of lemme 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 the 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. This can buy to news to me, low 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 we 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. That is because of entitlement before you can register a car and put it on the root. Since single pour is a 0 Growth Market with only around 600000 private causes 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 fuel, we prizes is so high, right . These recall s fall off on the peach, you know, small car, 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 f, a just the custom new fee. Everything adds up. When you buy a new car and single pole, you dont just pay for the car itself to 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 seo . We definitely, you know, used to mt a bmw. Oh, i bought it in a 2nd hand. So it was about 114000. 00 cars. Cost in chapel is very expensive. This with all adults, but i myself, uh, i am a fan of cost, so i like costs a lot. So despite the price, i would try my best to be able to afford the condo one do understand w