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In a process akin to “dumping” to gain market share, China’s EV manufacturers are pocketing government sales bonuses, then dumping “sold” EVs in foreign markets at low prices.
In a process akin to “dumping” to gain market share, China’s EV manufacturers are pocketing government sales bonuses, then dumping “sold” EVs in foreign markets at low prices.
And they will go straight to the landfills because…why not.
iirc its usually not a landfill but China has a lot of unused land, so there are places with just entire lots of EVs not being in use.
there was a chunk due to the rideshare boom https://www.carscoops.com/2023/08/the-real-story-behind-chinas-graveyards-of-abandoned-evs/
similar to the current story it all revolves around taking advantage of the government rebates for new evs
Yeah I meant the graveyards. The world over has em so it’s not a china problem, but a corporation problem.
Why would they?
Cause that’s just what happens. They have some big bike, ebike, car graveyards. Not to say other companies other then China don’t either. It’s a corpo thing