Are we overproducing NEVs? A closer look at China’s 42 NEV manufacturers
According to data from d1ev.com, China’s 16 new energy vehicle OEMs currently in operation have a combined output capacity of over 3 million units a year, while 30 NEV OEMs both new and established are planning additional facilities which, once in operation, would collectively produce more than 8 million NEVs
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