Not just subsidies the CCP decides how much the car makers have to produce. They are overproducing and the Chinese market is saturated, there are graveyards full of unused EVs because nobody wants to buy last year’s lower range versions. And now they dumping that over production onto the rest of the world.
Not just subsidies the CCP decides how much the car makers have to produce. They are overproducing and the Chinese market is saturated, there are graveyards full of unused EVs because nobody wants to buy last year’s lower range versions. And now they dumping that over production onto the rest of the world.