To put this in perspective, the number of car manufacturers in China has dropped from 300 to 150 in the past few years. Further consolidation is expected. So

To put this in perspective, the number of car manufacturers in China has dropped from 300 to 150 in the past few years. Further consolidation is expected. So it's probably a good idea to buy from an EV company that is profitable. For example BYD has a gross profit margin of over 20%. That's approximately double the profitability of Western firms.