Chinese EV makers in bankruptcy crisis

Digitimes
By Joseph TsaiJan 8, 2024, 3:46 am47 pts
Amidst a cutthroat battle for nearly a year in 2023, the Chinese auto market is expected to experience a major elimination round in 2024 with models that have lower-than-expected sales likely to be forced out of the market. Some automakers may also need to quit the auto business to strive for survival as many…

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