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Money, of course. "The market isn't with us" is some bullshit when we need to rapidly get rid of gas cars but car manufacturers are greedy shitholes.
I bet they were banking on Geely manufacturing to be able to hit ICE price points and profit margins, but then that 100% Chinese EV tax rolled in, and everything they were forecasting went out the window.
this post was submitted on 26 Sep 2024
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