Does everyone understand what happened.
They copied the tech, they improved the tech, they built the supply chain, they flooded the market with cheap raw materials(Lithium) and produced cheap BEV’s. Legacy auto manufacturers in China wiped out. See ya later. Chinese manufacturers take the market share in China and start exporting to the world.
Meanwhile, legacy auto still with heads in the sand and we now prepare for most of the world to be flooded with Chinese vehicles.
https://newsletter.dunneinsights.com/p/china-is-done-with-global-carmakers
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