Most China EV car is sold at a loss, if not low margin - all for market share. Many came and gone! Without gov aggressive subside policy, many won't survive! Ironically, the more you sell, the more you lose. Not forgetting the recent price war trigger by (you know who and 3rd time this year. Wonder why Warren Buffett sold off the shares sometimes ago?) which has affected downstream supply chain. How are they going to survive and still maintain quality and safety? Not forgetting some 4S stores are also affected too.. Yes, sales figure and market shares is what we all like to see and important but that alone doesnt means co is making money. Recently GWM CEO spilled the bean that a peer top gun could be the next Evergrande. Tesla is the only EV with sustainable higher profit margin as they are NOT going to chase market share especially in China. Tesla is developing quality , safety and eco system. Eventually the consumer will appreciate quality safer reliable after sales etc. Go research China EV market and Tesla.
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