Only 10 Out of 400 Chinese EV Companies Left? Electric Buses Can’t Hold Up, Switching Back to Gas

Only 10 Out of 400 Chinese EV Companies Left? Electric Buses Can’t Hold Up, Switching Back to Gas

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Here’s something unexpected: a showroom for Yuanhang Motors. I heard the company went bankrupt. Without after-sales support, buying a car from them seems risky. This display car is covered in dust—I’ve never seen it before. It’s astonishing how a new energy vehicle brand could fall so quickly. If this car sold for fifty thousand yuan, I’d consider buying it. I think many others would, too. But when it was new, the price was at least a few hundred thousand yuan, maybe more. All of these cars are fully electric.

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