00:02This is a rare look inside the manufacturing plant of one of China's most well-known electric
00:08vehicle brands, NIO, and there are few humans in sight.
00:12In China now, it's pretty much standard.
00:14Almost all the critical parts are sent by the robots.
00:18So in this factory, it's like over 1,200 robots.
00:22They can produce one car every minute, so on an average day, that's 600 vehicles.
00:28It's staggering.
00:29The scale and speed of China's EV manufacturing juggernaut has helped propel the country to
00:36become the undisputed world EV leader.
00:39Nearly 75% of all EVs are made here.
00:44And an average China EV featuring extreme luxury costs between 15,000 and 30,000 Australian
00:52dollars.
00:52It's a meme in China.
00:54It goes, which translates to fridge, big screen, sofa seats.
01:02So if you don't have a big screen, a refrigerator that also heats things, by the way, and individual
01:09seats with heating, cooling, massage, zero gravity and everything else, you are uncompetitive.
01:14Your car is just not going to move off the line.
01:16As far back as 2001, the government identified EVs were the future, pumping more than $230
01:24billion into funding new car companies, investing in others, providing subsidies, incentives
01:30and tax breaks, and building the infrastructure to create an electric society.
01:35The plan part was, let's break the dependency on the energy supply chain that China doesn't
01:44dominate, which is oil and gas.
01:46The entrepreneurial part of China said that we can be leaders.
01:50We don't have to catch up.
01:51China now controls the entire EV automotive supply chain.
01:56And Chinese brands are now flooding into international markets, including Australia, in record numbers.
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