Of the 129 brands currently selling electric and plug-in hybrid vehicles in China, only 15 will be financially viable by 2030, as intense competition forces consolidation market exits. That’s according to the AlixPartners consultancy. According to research firm JATO Dynamics, 93 of these brands have market shares below 0.1 per cent. Few make any profit,…
Only 15 EV Brands in China Will Survive to ’30: AlixPartners