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The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.
they have dropped subsidies, and the companies making terrible product, and those with unsustainable business models are collapsing… Weltmeister, Lepin… all defunct.
they have dropped subsidies, and the companies making terrible product, and those with unsustainable business models are collapsing… Weltmeister, Lepin… all defunct.