Only 15 EV Brands in China to Be Viable by 2030, AlixPartners Predicts

Only 15 of the 129 EV and plug-in hybrid brands in China are expected to be financially viable by 2030 due to intense competition, market consolidation, and overcapacity, with these brands projected to dominate about 75% of the market, while the rest struggle with profitability amid price wars and economic support from local governments.