Published On Premiered Jul 11, 2024
China's overproduction and low-price dumping of electric vehicles (EVs) have set off alarms among foreign governments and their policymakers. The United States and the European Union have responded with increased tariffs on Chinese EV's. However, what truly keeps Chinese EV industry leaders up at night isn't external hostilities but the specter of unhealthy competition in the domestic market. Some of the practices are self-deprecating. What's really at stake in China's EV industry? And why are Chinese EV makers so concerned about their future?
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Timestamp:
0:43 Reduced demand in major Western markets
2:30 What do Chinese industry leaders say?
4:40 How bad is the price war?
9:06 The price war is a deadly trap
11:40 Thriving second-hand car market?
15:15 Quality and Safety concerns
17:17 Tesla Targeted Politically?
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