EV Prices Plummet, China Dumps Excess Production Globally; US, Japan, Korea Escalate Responses

[Ron Wagner + 714]

https://www.youtube.com/watch?v=wdmkGOFXPFc

 

 

 

 

 

vehicle if the brand disappears you alsowon't be able to sell the car

 

 

 

 

 

 

 

 

 

 

 

 

1:24 / 19:08

EV Prices Plummet, China Dumps Excess Production Globally; US, Japan, Korea Escalate Responses

 

 

 

 

 

[Marcin2 + 726]

It is obvious that Chinese EV's are much cheaper. It is the cause of centered supply chains and much lower production costs (everything from the tiniest bolt to semiconductors and batteries are sourced in Chinese competitive market). US and probably Japan and South Korea will impose import duties but the rest of the world will be happy to drive cheap EV's. China can scale up any industry it want (apart from newest semi's , they can't go beneath 28nm with its semi producing equipment, but it is no problem as 95% of goods rely on 28nm and more mature semis).