this post was submitted on 27 Oct 2025
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[–] SaveTheTuaHawk@lemmy.ca -3 points 1 month ago* (last edited 1 month ago) (2 children)

This is happening because the CDN government knows this is moot. The Chinese EV industry is in freefall and even BYD is failing to pay it's part suppliers.

BYD is $45B in debt.

Chinese EV makers not paying parts suppliers

Chinese EVs are the next Evergrande

And CDNs are not buying EVs. F150s still rule the sales charts.

ZEVs made up 7.8% of new vehicles sold in Prince Edward Island, followed by Ontario (7.4%), Nova Scotia (6.5%), New Brunswick (5.7%), Manitoba (4.9%), Alberta (4.2%), Newfoundland and Labrador (2.6%) and Saskatchewan (2.5%).

The only province buying EVs is Quebec.

[–] yogthos@lemmy.ml 6 points 1 month ago* (last edited 1 month ago)

lmao the new China collapse theory just dropped, I'm sure this one will pan out unlike every other one for the past three decades

[–] betanumerus@lemmy.ca 4 points 1 month ago

You sound like an O&G salesman.