Trump sat on the sideline and kept quiet when Panama break off ties with Taiwan and established diplomatic relations with China in 2017 when he was the President. Now he is worried. What an irony.
Hundreds of links in western msm. You obviously haven’t been following any news. Seems like you don’t know how to use google either
Yeah, that's what I thought,, your comment was fake and this reaction proves it
This article was published April this year and since then a number of EV manfacturers have filed for bankruptcy
I think the article is correct by 2030 they will only be a small number of EV manfacturers left in China
https://edition.cnn.com/2024/04/24/business/china-ev-industry-competition-analysis-intl-hnk/index.html
Multiple Chinese electric vehicle (EV) companies have filed for bankruptcy or are struggling to stay in business, including:
China Evergrande
In August 2024, a local court ruled that two of China Evergrande's EV subsidiaries, Evergrande New Energy Vehicle (Guangdong) and Evergrande Smart Automotive (Guangdong), must enter bankruptcy and be reorganized. This came after creditors filed for the proceedings.
WM Motor
In November 2024, the Chinese EV startup WM Motor filed for bankruptcy. WM Motor was one of the largest Chinese EV makers, selling around 100,000 vehicles between 2019 and 2022.
HiPhi
In February 2024, the high-end carmaker HiPhi halted production due to financial difficulties. In 2022, HiPhi only sold 4,520 vehicles.
Singulato and Aiways
More than 20 EV makers in China have left the market since 2020, including Singulato and Aiways.
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