In a process akin to “dumping” to gain market share, China’s EV manufacturers are pocketing government sales bonuses, then dumping “sold” EVs in foreign markets at low prices.
In a process akin to “dumping” to gain market share, China’s EV manufacturers are pocketing government sales bonuses, then dumping “sold” EVs in foreign markets at low prices.
And they will go straight to the landfills because…why not.
Why would they?
iirc its usually not a landfill but China has a lot of unused land, so there are places with just entire lots of EVs not being in use.
there was a chunk due to the rideshare boom https://www.carscoops.com/2023/08/the-real-story-behind-chinas-graveyards-of-abandoned-evs/
similar to the current story it all revolves around taking advantage of the government rebates for new evs