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Kenz300 x
The Electric Viking
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Comments by "Kenz300 x" (@KJSvitko) on "I owned a BYD EV; this is what you're really getting if you buy one..." video.
Lie, cheat and steal are all too common today. China allows too much corruption. Theft of intellectual property is common. They try to dominate the market and put other local companies out of business. Spammers, scammers and phishing accounts are common and not prosecuted. Disinformation is a common tool to divide people and rally supporters. You can not trust any numbers produced by companies or the government from China. China's economy is in slow decline. The virus lock downs sped it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending. BYD and most electric vehicles in China are not profitable without government subsidies. This next year will be the test of how many can survive. China's economy can not support all these auto manufacturers and with all the government debt piling up they will surely reduce or eliminate the subsidies that are propping many companies up causing them to fail.
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