EV Bloodbath: China's Oversupply Crisis

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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China's EV market is a chaotic battleground! GM's CEO Mary Barra warns that a brutal price war and massive oversupply, fueled by over 100 carmakers, is unsustainable. Expect a major shakeout with only a handful of giants surviving the next decade. Find out how this EV Armageddon impacts global automakers and why GM is betting on a bumpy, but ultimately profitable, electric future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.