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China's EV-2W sales graph shows a peak in 2021 and then a declining trend in past few years. Curious to know what's happening there. I couldn't find any explana
by albert_e 9mo ago
China's EV-2W sales graph shows a peak in 2021 and then a declining trend in past few years. Curious to know what's happening there. I couldn't find any explanation in the article (admittedly I just skimmed).
- shagie 9mo agoMight have been the bike share bubble? Asianometry - China's Bonkers Bike-share Bubble https://youtu.be/FQrEDq8KPiU https://youtu.be/FQrEDq8KPiU and China Observer - bike graveyard https://youtu.be/49xQ2sTkjwM https://youtu.be/49xQ2sTkjwM During: https://www.weforum.org/stories/2020/07/4-big-bike-sharing-trends-from-china-that-could-outlast-covid-19/ https://www.weforum.org/stories/2020/07/4-big-bike-sharing-t... After: https://www.news8000.com/lifestyle/money/china-s-bike-sharing-frenzy-has-turned-into-a-bubble/article_3a601d9d-d6eb-56d8-bb83-063c7f629cf7.html https://www.news8000.com/lifestyle/money/china-s-bike-sharin...
- sidkshatriya 9mo agoMy theory: China became richer and more developed. So: (1) Public transport became better and some people shifted to it (2) Some people upgraded to cars