Posted on Jun 17, 2023

China is Throwing Away Fields of Electric Cars - Letting them Rot!

Capt Jeff S.

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The consequence of green energy investment scams and shared vehicle Ponzi schemes...

Posted in these groups: China

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Energy

Posted >1 y ago

Responses: 2

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CW3 Harvey K.

Edited >1 y ago

Posted >1 y ago

"Inventories will sell at some price." Those cars and bicycles are an overhang on their markets.

It looks like China took a page from Henry Ford, "The customer can have a car in any color, as long as it's white".

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LTC Eugene Chu

Posted >1 y ago

Letting them rot? This is right wing pro-oil BS.

China is actually attempting to increase use and EVs are becoming more popular.

https://www.chinadaily.com.cn/a/202306/17/WS648d4c6aa31033ad3f7bcce0.html

China facilitates purchase of electric cars in rural areas

Chinese authorities on Friday launched this year's promotional campaign for new-energy vehicles (NEVs) in rural areas in three locations -- East China's Wuxi, South China's Qionghai, and Central China's Jingmen.

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China is Throwing Away Fields of Electric Cars - Letting them Rot!

Join nearly 2 million former and current members of the US military, just like you.