Talk of The Villages Florida - View Single Post - Ford lost $32,000 per ev in 2nd quarter
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Old 10-04-2023, 08:38 PM
MrChip72 MrChip72 is offline
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Originally Posted by Jima72 View Post
People need to check on what is going on in china as to electric cars. Lot of them are being stored because of becoming firebombs. Same with the scooters with the lithium batteries. Of course Americans will buy them if they can save a few dollars, until they explode.
Sounds like you're referencing the link below, but the reason for them being stored is that some Chinese companies initially set out to be building cheap junk EV's pre-COVID in a race to the bottom for cheapness along with government subsidies. That all backfired and now there's thousands of junk cars that no one wants.

Now you have legitimate companies like BYD in China that have just surpassed Ford as the 4th biggest carmaker in the world, and BYD only makes EV's, and likely to produce over 2 million cars per year by next year. Now every other country is going to be stuck playing catchup.

China EV graveyard