China’s EV industry Shakeout: growing pains and breakthroughs

By Lin Lin, People’s Daily The abrupt collapse of electric vehicle maker Jiyue, hot on the heels of HiPhi’s decline, has ignited fresh scrutiny over the sustainability of China’s new energy automotive ambitions. Two urgent questions emerge: Do these failures signal systemic fragility? And what trajectory awaits the world’s most prolific EV market? Industry analysts…