92
Hyundai questions how Chinese cars can be so cheap, and if they’re being subsidised
(www.drive.com.au)
this post was submitted on 10 Aug 2025
92 points (98.9% liked)
Electric Vehicles
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because they arnt gouging prices like current EVs in the market.
A lot of the major OEMs aren't even profitable on their EV 'gouging prices' so it doesn't seem to be that.
E.g Ford is still losing money. Last year GM was losing money, but their latest lineup is supposed to change that, but given their q2 2025 statement below, I'm not sure that's true yet
“Despite slower EV industry growth, we believe the long-term future is profitable electric vehicle production, and this continues to be our north star.”