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In Depth: Why Electric Vehicles Have Trouble Retaining Their Value in China

By An Limin and Guo Yingzhe
2022年02月08日 15:53
Generous subsidies helped create the depreciation problem, and their coming end has made the problem that much worse for EV-makers
Thousands of abandoned new energy ride-hailing vehicles are seen in a lot in Hangzhou, East China's Zhejiang Province, on July 28, 2021. Photo: VCG

In July 2019, XPeng customers were up in arms.

The Chinese electric-vehicle (EV) maker had just launched an updated version of its G3 compact SUV, featuring a battery that gave the model a much better range than its predecessor.

  [财新双语通产品,是为有双语需求读者专门订制的优惠产品, 按此可享超值优惠订阅。]

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