<ul data-eligibleForWebStory="false"><li>China's electric vehicle (EV) market is highly competitive, with over 100 car manufacturers, but only around 10% are projected to survive into the next decade.</li><li>There has been a trend of Chinese carmakers going bankrupt, with Neta being the most recent casualty in June.</li><li>Experts predict that out of the current 129 plug-in car manufacturers in China, only about 15 will remain operational by 2030, with annual sales expected to consolidate around 1 million units per big brand.</li><li>Chinese automakers will need to expand internationally to stay competitive, with a focus on increasing market share in Europe and other major markets to offset domestic competition and regulatory pressures.</li></ul>

China’s EV Boom Could Turn Into The Hunger Games

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