EV manufacturing in China
EV manufacturing in China
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mtvessel

Original Poster:

81 posts

44 months

Friday 6th December 2024
quotequote all
In 2018 there were 487 companies making EVs. Today there are 40. This is expected to drop to around 10 as they continue to go out of business.

https://youtu.be/ON1zbmBLiVI?feature=shared

17 minutes.
8.0 cities replacing electric buses with ICE vehicles
12.0 fuel vehicles making a comeback. China exported 5m vehicles this year, 80% were ICE
14.0 role of government in the industry and the likely future

GT9

9,006 posts

201 months

Friday 6th December 2024
quotequote all
Is it not obvious that the whole video is produced with a clear bias against electric vehicles?
Lots of nebulous statements without source or quantification.
Go and look at actual registration data for passenger vehicles in China, and the story is a very different one.
2024 has been a record years for New Energy Passenger Vehicles, with over 60% increase in registrations compared to 2023.
Of the approximate 2 million vehicles registered every month more than half are now NEPV.
Sure, there are going to be spikes and troughs when growth rates are that aggressive, but the direction of travel is blindingly obvious.