Re:BYD EV Teardown in Japan Reveals the Secret to Its Afford...
by jncfhnb on Monday October 28, 2024 @09:36AM
(#41970892)
The reason there were 500 manufacturers in the first place was the enormous subsidies.
The Chinese government strategy is to fund a massive number of attempts and then suffer a huge number of failures and consistent end up with far too much production capacity leading to a large number of unprofitable companies.
It’s not a terrible strategy if you can dump vehicles elsewhere. It may or may not work if you can’t.
The Chinese government strategy is to fund a massive number of attempts and then suffer a huge number of failures and consistent end up with far too much production capacity leading to a large number of unprofitable companies.
It’s not a terrible strategy if you can dump vehicles elsewhere. It may or may not work if you can’t.
It’s not stupid but it’s probably a bad strategy.