China’s New Energy Vehicle Industry Crisis: From Booming Growth to Troubled Waters

[@paultsjan6047]

It is a gradual reduction with over 500 EVs companies in China and it is a matter of elimination as there is no guarantee success among the initial possibilities. China has seen a surge in electric vehicle (EV) manufacturers, with over 500 companies entering the market in the early 2010s. However, fierce competition has significantly reduced this number. By 2023, only about 100 manufacturers remained, indicating a consolidation in the industry. These companies represent a fraction of the hundreds that once competed in the Chinese EV market, reflecting the intense competition and consolidation that has taken place.

[@odyssey327]

So what! It's a competitive industry. Some survived, some not. What is the big deal? You get jealous when they are successful. Don't tell me you also get jealous when they fail.

[@UCantSeeemeee]

He or she is based from United States by looking at the Bio , they want a bunch of crumbs from 1.5 billion dollar budget on smearing China .

[@ravanadevadas3770]

there so many of these "china is gonna collapse guys' channels out here its crazy.

[@gerard4039]

Yea all based in Israel or in the US but run by Israelis 🤡🤡🤡🤡

[@UCantSeeemeee]

He or she is based from United States by looking at the Bio , they want a bunch of crumbs from 1.5 billion dollar budget on smearing China .

[@TruthPrevail777]

Oh another anti-China blogger. Aren't you guys tired and feels bad of wasting time and money?😂

[@UCantSeeemeee]

He or she is based from United States by looking at the Bio , they want a bunch of crumbs from 1.5 billion dollar budget on smearing China .