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by Animats
253 days ago
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That's happening to the automobile market in China. Electric car and battery manufacturing costs go down with scale. Way down. Huge electric car glut in China. Car prices crashing. Government worried.[1] Profit margin of China car companies is down to around 4%. [1] https://www.cnn.com/2025/09/26/cars/chinese-electric-cars-pr... |
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