Changping, 22, China

Chinese EV Firms Are Suffering Losses

Beijing has begun to walk away from the EV project and so also its dreams of global dominance. Local governments are fighting the consolidation but cannot do so for long.

2024-10-03 17:46

Most Chinese E.V. Firms Are Unprofitable. Local Governments Keep Propping Them Up Anyway.

The odds are stacked against many Chinese electric vehicle (E.V.) firms. And yet they keep hanging on. A decline in federal government subsidies, tariffs

2024-09-24 19:11