China may seem like the leader of the EV industry, but behind the scenes, there is a massive crisis unfolding. Hundreds of EV companies have gone bankrupt, leaving behind thousands of abandoned cars in fields and warehouses. What caused this collapse, and what does it mean for the future of electric vehicles in China and the world? In this video, we will explore the history and the challenges of China’s EV market, and reveal why 90% of Chinese EV makers are facing bankruptcy. We will also look at the role of the government, the consumers, and the technology in shaping this industry.
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