{"id":15353,"date":"2024-11-13T14:41:41","date_gmt":"2024-11-13T14:41:41","guid":{"rendered":"https:\/\/lonecandle.com\/?p=15353"},"modified":"2024-11-13T14:41:42","modified_gmt":"2024-11-13T14:41:42","slug":"most-chinese-e-v-firms-are-unprofitable-local-governments-keep-propping-them-up-anyway","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=15353","title":{"rendered":"Most Chinese E.V. Firms Are Unprofitable. Local Governments Keep Propping Them Up Anyway."},"content":{"rendered":"\n<p>&#8220;most Chinese E.V. companies are&nbsp;<em>still<\/em>&nbsp;reliant on subsidies. As&nbsp;<a href=\"https:\/\/finance.sina.com.cn\/roll\/2023-03-21\/doc-imymqrrf9877433.shtml?cref=cj\" target=\"_blank\" rel=\"noreferrer noopener\">corporate earnings reports<\/a>&nbsp;show, only BYD Auto has managed to make a profit.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-reason-com wp-block-embed-reason-com\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"xEyxYArh1v\"><a href=\"https:\/\/reason.com\/2024\/09\/24\/most-chinese-e-v-firms-are-unprofitable-local-governments-keep-propping-them-up-anyway\/\">Most Chinese E.V. Firms Are Unprofitable. Local Governments Keep Propping Them Up Anyway.<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Most Chinese E.V. Firms Are Unprofitable. Local Governments Keep Propping Them Up Anyway.&#8221; &#8212; Reason.com\" src=\"https:\/\/reason.com\/2024\/09\/24\/most-chinese-e-v-firms-are-unprofitable-local-governments-keep-propping-them-up-anyway\/embed\/#?secret=sOqpt7QPQk#?secret=xEyxYArh1v\" data-secret=\"xEyxYArh1v\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;most Chinese E.V. companies are still reliant on subsidies. As corporate earnings reports show, only BYD Auto has managed to make a profit.&#8221;<\/p>\n<p>https:\/\/reason.com\/2024\/09\/24\/most-chinese-e-v-firms-are-unprofitable-local-governments-keep-propping-them-up-anyway\/<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[1092,89,1504,1469,238],"class_list":["post-15353","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-cars","tag-china","tag-electric-vehicles","tag-government-intervention","tag-subsidies"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/15353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15353"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/15353\/revisions"}],"predecessor-version":[{"id":15354,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/15353\/revisions\/15354"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}