Next in Bubble-Crazy China: EV Manufacturing Bubble Faces Getting Bludgeoned
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter There are now 486 EV manufacturers in China, triple from two years ago. Most will disappear. New vehicle sales in China plunged 14% in the first quarter from a year earlier, according to the China Association of Automobile Manufacturers today. For the whole year 2018, new vehicle sales had dropped 4.1%, the first such … Read more