‘It Is Desolate’: China’s Glut of Unused Car Factories
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse. [Source]
Publication Date:Origin: nytimes.com
Category: Electric and Hybrid Vehicles
Topics: worse, factories, surplus, vehicles, gasoline-powered, electric, prices, cutting, Tesla, Manufacturers, Factories, Unused, China’s, Desolate’, ‘It
Source: https://www.nytimes.com/2024/04/23/business/china-auto-factories-price-cuts.html