Yes, there are efficiencies since all the tech is pretty close, but that pales in comparison to the sheer dollars injected into the industries. 231 billion dollars. Compare that to the 2nd closest investment into a car manufacturer which is the USA at 30 billion.
Each one of these new 500+ car manufacturers produced cars at a loss. Not because efficiencies. Because of subsidies. In some cases, not even sold at all. https://youtu.be/vplPmxVRcnk
Yes, there are efficiencies since all the tech is pretty close, but that pales in comparison to the sheer dollars injected into the industries. 231 billion dollars. Compare that to the 2nd closest investment into a car manufacturer which is the USA at 30 billion.
Each one of these new 500+ car manufacturers produced cars at a loss. Not because efficiencies. Because of subsidies. In some cases, not even sold at all. https://youtu.be/vplPmxVRcnk
Here in Taiwan, we get unfiltered China news.