Pollution is the tangible risk while the Internet enabling 'citizens' to talk about it is the existential threat.
The CCP isn't very good at handling tangible risks, they prefer the smack everyone who has knowledge on the head until either their memory is cleaned or they at least stop speaking.
Wherever the motivation comes from, EV growth will continue in China, with such simple construction involved why can't almost any nation get in on building EV's?
A mostly plastic body China can pump out by the mega tonne with some high strength alloys which the west is best at making, four electric motors and some other components which will mostly be made by Japan and Korea whether assembled in China or elsewhere and off you go.
The only big bad wolf on the horizon I could imagine in China is the next purge of society which this time will almost undoubtedly seek to rein in the Internet, and will possibly be very ugly. ( which shouldn't affect EV's etc that much as it's a goose that lays golden eggs ).
GXY Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
