In this eye-opening video, we bring you shocking insights into the current state of the Chinese electric vehicle (EV) industry. Prepare yourself for a crisis alert as we uncover the unfortunate reality of thousands of abandoned EVs left to rest in what can only be described as an EV graveyard.
We explore the dire financial situation facing 90% of Chinese EV makers, pushing them perilously close to bankruptcy. The abandoned EV graveyard reflects the urgency and gravity of the situation. In recent years, China emerged as a dominant force in the EV market, boldly aiming to revolutionize transportation towards a sustainable future. However, our investigation reveals a harsh truth - the dream has turned into a nightmare for the majority of Chinese EV manufacturers. With alarming statistics depicting a staggering 90% of these companies teetering on the edge of financial collapse, it becomes evident that the consequences extend far beyond mere economic setbacks.
Thousands of once-promising EV and electric bikes now lie abandoned, symbolizing the aspirations that came crashing down. We delve into the root causes behind this crisis, shedding light on the factors that pushed these manufacturers to the brink, such as fierce competition, mismanagement, gaming the system and a weaker-than-anticipated demand.
We examine the potential ramifications for the global EV market and explore how this situation might impact consumers and the EV industry as a whole. Witness the chilling visuals of this abandoned EV graveyard and gain a deeper understanding of the scale and magnitude of this crisis.
Join us in dissecting the lessons to be learned from this cautionary tale - lessons that transcend national borders and relay important messages to other electric vehicle manufacturers worldwide.
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00:00 #china Abandoned #ev graveyard: Shocking #secrets Revealed
00:38 graveyard drone footage
01:37 #chinese ev #cars
02:23 electric bikes
03:18 unused electric cars
03:50 chinese ev tax subsides
04:45 is this a scam?
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