Hacker News
New EV-makers keep appearing in China
8 points by andsoitis
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2 comments
andsoitis
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No fewer than 143 ev brands sold at least one car last year. But 46 of them did not sell more than 1,000, according to AlixPartners, an advisory firm. Even so, 23 new ev brands were launched while just nine were halted.
seems frothy.
mullingitover
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This is like the US with AI bubble companies.
Something tells me China is going to have a softer landing.