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RE: LeoThread 2025-11-06 22-46

in LeoFinance25 days ago

Part 6/15:

  • Overproduction and inventory surplus: Chinese EV factories, such as BYD's factories in Fuzo, produced far more vehicles than the market demanded. Massive warehouses overflowed with unsold units, with some estimates reaching 1.2 million idle EVs in 2025. These surplus vehicles were dumped into the used car market through elaborate export schemes.