[breerbgoat]

And that's why no one should be buying any Chinese EVs except BYD. (if you absolutely have to buy a Chinese EV). All Chinese car manufacturers except BYD are losing money with every car they sell, and insiders agree that every other Chinese EVs except BYD will fold or go into bankruptcy.

Why did Chinese companies jump into the car industries producing cars when they didn't have the know-how before? simple, rent seeking. Chinese government was offering incentives to do so. https://reason.com/2023/08/23/chinas-e-v-graveyards-are-an-i...

A “life and death race” has begun to unfold in the world’s largest market for electric vehicles - https://www.cnn.com/2024/04/24/business/china-ev-industry-co...