So, while the world adapts to electric vehicles, the Chinese consumer has other ideas. He won't buy a new car today. So, all these manufacturers are stuck. And also, all the local governments who funded the factories will now start the hand wringing.
Sounds like Central Planning, 2026 style= not so goooood. The European partners are facing soe of their most trying times with the Chinese partners that have been producing and selling models in China for years. Local governments didn't want to miss out on the transitin from conventional cars to EV's. The Ev manufacturing sites were sprouting like mushrooms after a rain: they're everywhere. Hmmm.
And now: no buyers. Sounds like the real estate implosion that continues. Xi JP must be losing sleep; maybe that's the cause of his physical decline. Worries, worries, and more worries. Maybe Jimmy Lai in jail is a simple problem, easily handled by court appointed Party loyalists. Not so with auto makers.
Is there a way forward? A way out? Please send a text message to Peiping with a suggestion, asap.
China needs help, fast.