Abnormal growth and fraud drove China’s EVs into “Zombie Cars”
China has been the world champion in electric vehicle production and sales for years. Chinese EV makers BYD, NIO, Li Auto, and XPeng have been sought after by the capital markets. The Chinese battery maker CATL is the biggest battery manufacturer for EVs in the world and the pride of Xi Jinping. However, the disconnect between production capacity and market demand, along with EV subsidy fraud, has resulted in an over-capacity problem and a growing number of “zombie cars.”
My previous talks on BYD vs Tesla competitions:
https://youtube.com/live/UjYWW2Nb0sE
https://youtube.com/live/UDw6zvOXovM
Sign up for my emails: https://leisrealtalk.com/
Donation: https://donorbox.org/support-lei-s-real-talk-support-lei
Ideas/Suggestions: Leisrealtalk@gmail.com
******************
We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
******************
References:
https://nev.ofweek.com/2023-06/ART-71008-8420-30599402.html
https://www.aboluowang.com/2023/0706/1923532.html
******************
🔔 Subscribe for updates: https://www.youtube.com/c/LeisRealTalk
******************
🔵 Make sure to share this video with your friends!
Follow us on our Website: https://leisrealtalk.com/
Follow us on Twitter: https://twitter.com/LeisRealTalk
Follow us on Facebook: https://www.facebook.com/leisrealtalk
******************
MORE VIDEOS:
Why do China's economy and 500 million Chinese matter so much in Geopolitics?
https://youtu.be/IrsWejq3zKQ
Why is China’s domestic consumption so abysmal?
https://youtu.be/r2lj_Jt859A
The untold facts behind money printing, inflation, and your money
https://youtu.be/8xeEmIBxCTQ
The West's costly China misconceptions (1): When in China, do as the Chinese do
https://youtu.be/nbEUxezFmc8
The West’s costly China misconceptions (2): Don’t criticize China, Chinese people or the CCP
https://youtu.be/PnNgGo1VJw8
******************
OUR PLAYLISTS:
China vs USA
https://youtube.com/playlist?list=PL98Y1OoA0uGtDvlyEQ231z5PJLs7snLuO
Chinese military & Taiwan Strait Crisis
https://youtube.com/playlist?list=PL98Y1OoA0uGu8WVZj7g6u_px_RpEkG860
Lei's live stream, Q&A
https://youtube.com/playlist?list=PL98Y1OoA0uGtg8RRtgyOb-mmN9HNLz501
Sports, Entertainment & Politics
https://youtube.com/playlist?list=PL98Y1OoA0uGt_zAVI54lLhhL856BmfNZB
The Chinese Economy
https://youtube.com/playlist?list=PL98Y1OoA0uGuTBnYVwm9E6ox9JfuKq7La
Chinese politics, military & Taiwan Strait
https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb
CCP politics & factional wars
https://youtube.com/playlist?list=PL98Y1OoA0uGvu8EipiunU_uNcys0Hd6lb
The CCP history, communism & West's misconception
https://youtube.com/playlist?list=PL98Y1OoA0uGs6zlt9WucXpycJIq00SQ8U
American politics, society and people
https://youtube.com/playlist?list=PL98Y1OoA0uGucIaJJbZu5iZY6Myk1frea
International relations & Geopolitics
https://youtube.com/playlist?list=PL98Y1OoA0uGvB4t7rwpt1KG6ey-Bpx9pL
China, Chinese society & People
https://youtube.com/playlist?list=PL98Y1OoA0uGuulXrksi9OPb01FHp3DsYe
Wall Street, Financial Markets & Investments
https://youtube.com/playlist?list=PL98Y1OoA0uGslyrjGWNOaZ3Y_g1Bh5uTL
Media, Consumer Brands & Market
https://youtube.com/playlist?list=PL98Y1OoA0uGvcRGZsVQbSjxXRJHgEQ9I_
Semiconductor & High-tech
https://youtube.com/playlist?list=PL98Y1OoA0uGtWv2FxpVCZzlXu6EJ47GeS
Chinese Population and labor Market
https://youtube.com/playlist?list=PL98Y1OoA0uGviHfTIliMHeR3WTTgZn5Wt
Lei's Favorites
https://youtube.com/playlist?list=PL98Y1OoA0uGtu0QnHKwoT-iXD-wWxIfal
********************
#leisrealtalk #economy #electricacars #evcars #evindustry
-
11:51
Lei's Real Talk
10 months agoWhy is China’s domestic consumption so abysmal?
28 -
14:03
Lei's Real Talk
1 year agoA China expert explains when economic crisis will bring down the Chinese regime
21 -
9:13
Reporterfy Media
1 year agoHow China Got Rich | China's UNBELIEVABLE Mega Workforce Shock America
421 -
25:41
AMAC - The Association of Mature American Citizens
1 month agoChina Fueling U.S. Government Corruption | Peter Schweizer | EP 277
103 -
10:58
Tristan Cooper
3 years agoHow China Became The Big Winner From The 2020 Crisis
66 -
9:58
informedinvestors
1 year agoChina's Brutal Crackdown on Its Leading Tech Giants And WHY!
22 -
7:12
iChongqing
9 months agoChina’s SHOCKING NEV CARS Changing Lives Forever | New Energy Vehichle
59 -
4:59
Car Coach Reports
1 year ago $0.04 earnedChina’s Rare Earth Export BAN to Hit US Electric Vehicle Goals?
1421 -
1:32:31
I_Came_With_Fire_Podcast
4 months ago"China: Corruption & Crisis" with David Zhang
47 -
24:12
Voice Of Rural America
8 months agoKemp is Helping China To Destroy The US Auto Industry
411