Part 9/11:
The duo also mentions a crucial factor: profitability in the EV sector may be challenged by limited transparency in Chinese markets. While many companies are starting to yield profits, the influence of government subsidies—both overt and covert—creates a complex environment for assessing true market viability.
As Kirk notes, the road to profitability can be fraught with obstacles, and the expectation that companies can achieve successful, sustainable operations may take longer in emerging markets. Companies that are currently thriving must navigate a fine line between government support and consumer demand in a rapidly shifting landscape.