China has over procedured EVs because government subsidize resulting in poor manufactured cars with a lot malfunctions + safety requirements are very lose in China.
The goal is to flood the market, so they competitions can’t sell their cars and eventually lose market share.
Hopefully not.
China has over procedured EVs because government subsidize resulting in poor manufactured cars with a lot malfunctions + safety requirements are very lose in China.
The goal is to flood the market, so they competitions can’t sell their cars and eventually lose market share.
Example https://www.bloomberg.com/features/2023-china-ev-graveyards/
The problem with that statement is they aren’t shitty cars. They’re a generation ahead of US tech and way cheaper.
I’d drive a BYD if I could get my hands on one.