China’s EV Meltdown: Cars Pile Up, Buyers Vanish!

"Right now, China’s car market is drowning. More than 3.5 million brand-new vehicles—mostly electric—are stranded in storage fields across the country, collecting dust instead of finding owners. Even massive price cuts of 50% aren’t enough to tempt buyers. Consumption has frozen, and the auto crisis is spilling into public view.
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