Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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China’s EV gamble backfires (www.youtube.com)

submitted 3 weeks ago by [email protected] to c/[email protected]

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BYD pushes payment to suppliers to 275 days. Borrowing from the supply chain hides their debt burden and creates conditions that may cause a systemic collapse, taking their suppliers with them.

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[–] [email protected] 9 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Thanks for posting. 👍
This is really interesting, if you have any interest in economics in general, I highly recommend to watch this.

[–] [email protected] 8 points 3 weeks ago

Thank you. I didn't like the title bit the content really gives a good look at Chinese EV economics.

[–] [email protected] 1 points 3 weeks ago

TIL that buying and selling BYD debt is a thing.