The Dark Side of Electric Vehicles: Poor Quality, Risk, and Competition

Automotive Electric Vehicles

The electric vehicle (EV) industry is facing challenges with poor quality, safety risks, and intense competition. From tragic accidents to questionable practices, the industry is at a critical juncture.

Tragic Accidents and Safety Concerns

⚠️A family of three tragically died in a serious traffic accident involving an electric vehicle at high speed.

❌Platform deleted video evidence of the accident, sparking further inquiries into the incident.

❓Questions raised about why safety features like automatic emergency braking and airbags did not function properly.

Government Influence and Industry Expansion

🌐Military background company actively involved in EV industry due to CCP's direction.

💡Chinese government promoting new energy vehicles with various subsidies and incentives.

🚀Over 200 new energy vehicle projects launched in mainland China from 2015 to June 2017.

Quality Concerns and Economic Impact

🚫EVs made to cheat government subsidies, leading to poor quality and potential risks

💰China's economy in downward spiral due to planned economy policies and focus on new quality productivity

🏗️Government upgrading industries like new energy vehicles to salvage economy from real estate sector depression

Competition and Market Strategies

💥Electric car makers facing life and death competition, with over 10 million vehicles in crisis.

👔Founders and CEOs personally selling cars due to fierce competition and marketing strategies.

FAQ

What is causing the poor quality in some electric vehicles?

EVs are made to cheat government subsidies, leading to compromised quality and potential risks.

Why is the Chinese government promoting new energy vehicles?

The government is incentivizing EVs to boost the economy and reduce reliance on traditional fuel sources.

How many new energy vehicle projects were launched in mainland China from 2015 to June 2017?

Over 200 projects were initiated during this period.

What challenges are electric car makers facing in the current market?

Intense competition and market saturation are putting pressure on companies, with some facing closure.

Why are founders and CEOs personally selling cars in the industry?

To stay competitive and drive sales amidst the fierce market conditions.

How is the Chinese government salvaging the economy through new energy vehicles?

By upgrading industries like EVs to stimulate growth and offset weaknesses in other sectors.

What safety concerns have been raised regarding electric vehicles?

Issues with safety features like automatic emergency braking and airbags not functioning properly have been highlighted.

What impact does the military background company's involvement have on the EV industry?

It indicates a strategic direction from the CCP, influencing the industry's development and direction.

How is the competition affecting the electric vehicle market?

Companies are facing intense competition, with over 10 million vehicles in crisis, leading to market instability.

What role does Beijing play in Xiaomi's success with their electric car?

Beijing's support has been crucial in Xiaomi's achievements, although caution is advised regarding actual mileage performance.

Summary with Timestamps

⚠️ 0:23Tragic accident involving electric vehicle raises concerns about safety features and quality control.

⚡ 4:36Chinese government's push for new energy vehicles mirrors historical Great Leap Forward movement.

⚠️ 9:15Risks of poor quality EVs due to overcapacity in the market and government subsidies.

⚠️ 13:44Challenges in electric car industry: misleading mileage claims, overcapacity risks, and gratitude towards Beijing.

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