• 11/26/2024

‘It Is Desolate’: China’s Glut of Unused Car Factories

New York Times

Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.

https://www.nytimes.com/2024/04/23/business/china-auto-factories-price-cuts.html