Part 7/8:
With the upcoming year poised to be even more challenging for the EV market, analysts predict a shakeout. Many established brands will likely dominate the market segments priced around 150,000 to 200,000 yuan, while secondary brands will need to pivot to lower- and mid-range offerings. Observers warn that the current climate will see the elimination of many lesser players in the EV space, with an elimination rate exceeding 30%.
As manufacturers face sustained pressure from dwindling sales and profit margins, the industry's long-term viability is uncertain. Market dynamics, including regulatory changes and international trade pressures, could create further barriers to expansion, compelling companies to rethink their strategies amidst mounting competition.