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Fact Check: Is China Producing 'Too Many' EVs? #ChinaEconomy #Overcapacity #ElectricVehicle #Shorts
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Bert Hofman, adjunct professor at the East Asian Institute at the National University of Singapore, said claims of China's overcapacity don't live up to the numbers.
China only exports 10 to 15 percent of electric vehicles, much less than Japan and Germany.
While there're 140 car companies in China, most of them don't do any exports as well.
China only exports 10 to 15 percent of electric vehicles, much less than Japan and Germany.
While there're 140 car companies in China, most of them don't do any exports as well.
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