Posted on Jun 17, 2023

China is Throwing Away Fields of Electric Cars - Letting them Rot!

Capt Jeff S.

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The consequence of green energy investment scams and shared vehicle Ponzi schemes...

Posted in these groups: China

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Posted 11 mo ago

Responses: 2

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CW3 Harvey K.

Edited 11 mo ago

Posted 11 mo ago

"Inventories will sell at some price." Those cars and bicycles are an overhang on their markets.

It looks like China took a page from Henry Ford, "The customer can have a car in any color, as long as it's white".

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LTC Eugene Chu

Posted 11 mo ago

Letting them rot? This is right wing pro-oil BS.

China is actually attempting to increase use and EVs are becoming more popular.

https://www.chinadaily.com.cn/a/202306/17/WS648d4c6aa31033ad3f7bcce0.html

China facilitates purchase of electric cars in rural areas

Chinese authorities on Friday launched this year's promotional campaign for new-energy vehicles (NEVs) in rural areas in three locations -- East China's Wuxi, South China's Qionghai, and Central China's Jingmen.

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China is Throwing Away Fields of Electric Cars - Letting them Rot!

Join nearly 2 million former and current members of the US military, just like you.