$BYD COMPANY (01211.HK)$ It has been reported that the Chine...

It has been reported that the Chinese EV division other than BYD, Ideal Auto, and Tesla is in the red.

EVs are reported like Owakon, but there's no way they will be profitable rather than saying good or bad.

Whereas existing manufacturers sell millions of units, there is no way that most new EV manufacturers will be in surplus on a scale of tens of thousands to hundreds of thousands of units.

They only have 2 choices: sell at least 1 million units or perish, and there is no middle ground.

There is no option such as selling at a price where profits can be raised steadily.