Do or Die Moment 4 Some Chinese EV makers

Investment Analysis Clubs Macro Economic Trends and Risks
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Unprofitable Chinese electric vehicle (EV) makers, ravaged by a discount war at home and higher tariffs abroad, are stepping up cost-cutting measures and new model launches as they strive to survive in the cutthroat market.

Only those that can sustain their operations without resorting to external funding will stay in the country’s EV race as overcapacity woes loom, analysts said.

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Inevitable shake out. The US had something like 200-300 automakers, over the years. Two are still in USian hands, and one of those was bailed out by the government. The UK volume auto industry has gone extinct. Only a few UK brands still exist, as vanity projects by companies in other countries.

Steve