this post was submitted on 11 Jul 2024
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Electric Vehicles

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Just 19 of China’s 137 electric vehicle brands to be profitable by decade’s end: Report (www.straitstimes.com)
submitted 3 months ago by [email protected] to c/[email protected]
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cross-posted from: https://lemmy.ml/post/17863615

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[–] [email protected] 3 points 3 months ago (1 children)

And? Profitability doesnt matter to most companies these days anyways as long as they have "growth"

[–] [email protected] 9 points 3 months ago

Especially when you are propped up by a state actor to flood the market and drive any other competitor out of business by undercutting them with impossibly cheap products