this post was submitted on 25 Jun 2025
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[–] Meron35@lemmy.world 1 points 9 hours ago

Competition is fierce, but they are not exactly struggling due to government subsidies/incentives. These are so extreme that Chinese manufacturers are over producing and dumping "used" EVs with zero mileage for export.

Similar to US agricultural dumping, this is a terrible policy for everyone, except for the beneficiaries of the subsidies, and maybe the overseas consumers who get cheap EVs in the short term.

China's Zero-Mile 'Used' EVs Are Flooding Global Markets - https://insideevs.com/news/763687/china-zero-mile-used-evs/