It is actually good if a few big China EV collapse to make the overall EV market healthier in China
A few big China EV companies will need to collapse before the China EV industry can start to profit with good growth. The China EV companies fighting price war among themselves to sell their EV will eventually lead to elimination among themselves until a winner is left.
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RedDevil7 : A simple dumb fool. A smaller concentration of players mean a higher pricing power in the hands of those key players. Lower roll out of new products and without competition, no cheaper price is possible for consumers.
There is no such business term as "healthier".
SoundOfMusic : Interesting to know, who started the price war at the end of 2022? Tesla.
TMW1986 SoundOfMusic: Yes Tesla is the culprit. Should increase tax on Tesla in China market like what US do to China EV companies.