No Purchases The Chinese EV Market is Crashing At an Alarming Rate!

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  • Опубликовано: 16 июн 2024
  • #evnews #evs #chineseev
    After years of rapid growth spurred by government support, the largest market for electric vehicles (EVs) is now experiencing a downturn as consumers tighten their purse strings in an uncertain post-pandemic economic climate. With car manufacturers slashing prices in a bid to sustain sales, many vehicle owners are witnessing a rapid depreciation in the value of their purchases within mere weeks or months. Compounding matters, numerous EV companies are grappling with financial crises, leaving swathes of buyers without access to crucial after-sales support and software maintenance services.
    Join us as we uncover the top 9 reasons why everyone is in panic mode as the Chinese EV auto industry is in horrible shape after the market meltdown.

Комментарии • 22

  • @velocityformula
    @velocityformula  Месяц назад +1

    Should Western countries reassess their economic and political strategies in response to China's growing influence, or should they continue with their current approaches despite the shifting global landscape?. What do you think?

  • @LawpickingLocksmith
    @LawpickingLocksmith Месяц назад +3

    Make practical cars and consumers will buy them!

  • @charliee6142
    @charliee6142 Месяц назад +1

    So they inflating the EV market bubble since real estate bubble popped.... Who will be the next evergrande-like financial trouble after ev market bubble pops

    • @velocityformula
      @velocityformula  Месяц назад

      It's always interesting to see how different markets evolve and potentially face challenges.

  • @dong1228
    @dong1228 Месяц назад +2

    no more buying teslas now. fire hazard, its unsafe, unaffordable insurance cost, batteries so expensive same as motors. its a nightmare,,

  • @zakthorpe9689
    @zakthorpe9689 Месяц назад +1

    we're on the brink of flying cars =p no one wants the standard car anymore!

    • @velocityformula
      @velocityformula  Месяц назад +1

      The future is exciting with the possibility of flying cars!