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Abandoned Electric Cars ‘As Far As The Eye Can See’

Big Take

The Rise and Fall of Electric Vehicle Startups in China

9min Snip

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This chapter discusses the rise and subsequent failure of electric vehicle (EV) startups in China, as well as the manipulation of the subsidy system by car makers and ride-hailing companies. It highlights the massive amount of money spent on subsidies for EVs, the existence of abandoned EV graveyards, and the missed opportunity for recycling valuable metals and components from these cars.

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