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Martinit0
The Electric Viking
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Comments by "Martinit0" (@Martinit0) on "2500 dealers bankrupt in China as industry on the brink of collapse" video.
The German OEMs will just declare "Kurzarbeit" and close down a manufacturing line or shift. Employee pay is reduced and the government covers 60% of the difference. VW already declared Kurzarbeit two times in 2023, once in January and again in March, citing semiconductor shortage as reason: https://en.wikipedia.org/wiki/Kurzarbeit
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I think post-scarcity got called off for another decade: stuff that is currently in high demand (> than supply): * BEVs * BESS (Battery energy storage systems) * Heat pumps * companies installing heat pumps and solar panels
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The Chinese Communist Party doesn't care about Chinese dealerships. Heck, they didn't even care about Alibaba. These guys are hardcore, they will destroy your business if it doesn't align with the current 5-year plan.
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