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Comments by "" (@advancetotabletop5328) on "Chinese-made electric cars are fast becoming a major force in the e-vehicle sector | DW Business" video.
Race to the bottom. My cheap Lenovo laptop works fine (although it’s slow), but IBM left the PC market ages ago, because it new desktops (and now laptops) are commoditized, with low profit margins. China actually had hundreds of EV car manufacturers, who have been hit hard by the recession, reducing their numbers. Tesla’s even lowered the price of their cars. And China has the rare metal market — Western greenies won’t let you mine in Western countries, but are perfectly happy to pay other countries to do the mining — and environmental destruction — for them.
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