Part 3/10:
This practice was initially motivated by lucrative government incentives: in years past, subsidies for EVs were significantly higher, incentivizing companies to maximize subsidy claims regardless of actual consumer demand. By registering unsold or storage-bound vehicles as sold, manufacturers effectively siphon off government funds without delivering genuine value to consumers. These vehicles often end up languishing in EV parks or graveyards—storage facilities filled with unsold units that no one actually uses or drives.