China’s Electric Vehicle Industry Faces Its Biggest Test: Surviving Success
The same competitive dynamics that propelled NEVs to market dominance have simultaneously undermined the industry’s financial sustainability. Average profit margins across China’s automotive sector collapsed to 4.3% in 2024, down from nearly 8% in 2017, according to data from the China Passenger Car Association cited by CNN. Manufacturing capacity utilization hovers around 50%, as reported by Morningstar, indicating massive overcapacity that continues to fuel destructive price competition. Continue reading China’s Electric Vehicle Industry Faces Its Biggest Test: Surviving Success
Elektronikar 