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Jerry Kahn
China Observer
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Comments by "Jerry Kahn" (@jerrykahn6894) on "China’s EVs Are a Total Scam" video.
What they don't tell you is that the only Chinese EV Company to make any profit at all is BYD and the only reason they are making a profit is: 1. They are now making so many EVs that they are literally flooding the market. 2. The subsidies for all of those vehicles are helping to support their profit margin. & 3.They are committing subsidy fraud on a Grand Scale which also helps to support their profit margin. So what little profit BYD has been able to make is sure to dry up as the industry subsidies diminish. All the other 40 or so EV Companies that can't make a profit already will surely die when the subsidies stop. The only company that will remain in China is TESLA.
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