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636 China's EV Market Is Imploding

Slashdot
msmash @ Slashdot · today 09:16 EDT

China's EV Market Is Imploding

An anonymous reader shares a report: The Chinese electric car has become a symbol of the country's seemingly unstoppable rise on the world stage. Many observers point to their growing popularity as evidence that China is winning the race to dominate new technologies. But in China, these electric cars represent something entirely different: the profound threats that Beijing's meddling in markets poses to both China and the world.

Bloated by excessive investment, distorted by government intervention, and pl

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