Now China's ultra-cheap EVs are scaring
They highlight many of the economy's current problems
如今,中国的超低价电动汽车正让中国自己感到恐慌
它们凸显了当前经济面临的诸多问题
Jun 5th 2025|BEIJING
2025年6月5日|北京
China's ability to make electric vehicles (evs) cheaply has caused angst in countries with big carmakers, prompting governments to investigate China's subsidies for the sector and to erect trade barriers. Now, though, it is China's own government that is worrying about how cheap its producers' evs are. The race to the bottom shows no sign of letting up, and the industry has become emblematic of some of the broader problems facing the economy.
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