finance.yahoo.com / Yahoo! Finance
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2024-11-22 09:59:55
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npub1vap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aessgrwc3nSeen on
wss://articles.layer3.newsPublished at
2024-11-22 09:59:55Event JSON
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"Unprofitable Chinese EV makers are stepping up cost-cutting measures and new model launches to survive in the saturated market. The industry is expected to face a do-or-die moment soon, with only a few players expected to remain by 2027. The US and EU's tariffs on Chinese-made EVs have also hampered overseas sales, making it difficult for companies to break even."
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