I remember when people were talking up those Daewoos. At least in the UK, fleet sales are 60-65%. They are not buying Chinese cars, for the same reason they don't buy Korean cars. Repair parts are difficut to get, and this has driven up insurance rates. In Asia, labour is cheap, so its cheaper to repair a panel than replace it. In Europe, you are paying ÂŖ100-150 an hour, hence replace parts not repair them. If any of these cars get into a knock, then its not a few weeks off the road, but months, with attendant storage fees. So they will get written off and end up at CoPart, likely bricked. You say 11% share, but that share is down from a high of 15%. And this isn't a 11% share of the car market, but a 11% share of the EV market. Latest numbers show share is now 9.5%. Analysts think share will settle at about 12-13%; there is always a market for disposable cars, but Daewoo found out in that market, people don't care about the badge, and you are always looking out for the next cheapo brand to displace you. Happened to Proton. Mahindra have been seen road testing their EVs in the UK near Millbrook.
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