[bryanlarsen]

To put this in perspective, the number of car manufacturers in China has dropped from 300 to 150 in the past few years. Further consolidation is expected.

So it's probably a good idea to buy from an EV company that is profitable. For example BYD has a gross profit margin of over 20%. That's approximately double the profitability of Western firms.

[bdangubic]

yugo was also very profitable when it hit the US market with higher than 20% margins :)