Electric Vehicles@lemmy.worldEnglish · 2 months ago

Just 19 of China’s 137 electric vehicle brands to be profitable by decade’s end: Report

www.straitstimes.com

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Just 19 of China’s 137 electric vehicle brands to be profitable by decade’s end: Report

www.straitstimes.com

Electric Vehicles@lemmy.worldEnglish · 2 months ago

2

A price war that has been running for almost 2 years has pressured margins at Chinese EV makers. Read more at straitstimes.com.

cross-posted from: https://lemmy.ml/post/17863615

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prettybunnys@sh.itjust.works
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2 months ago
Especially when you are propped up by a state actor to flood the market and drive any other competitor out of business by undercutting them with impossibly cheap products

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