Part 8/10:
Despite the promise of China's EV industry, it faces its own set of challenges domestically. The rapid growth of the sector has ignited intense competition, resulting in price wars that threaten the viability of numerous manufacturers. Factors such as poor battery longevity, maintenance issues, and the need for skilled repair technicians further complicate the industry landscape.
At the same time, while consumer behavior trends shift from urban saturation toward opportunities in rural areas, the overarching challenge remains finding sustainable markets domestically in light of chronic oversupply.