In the twentieth century an amazing number of automobile marques in the US foundered and disappeared forever. The extinctions continue. There are no more Hudson Hornets, Studebakers, Plymouths, De Sotos, La Salles, Cords and scores of others.
In the much-feared Chinese EV industry that once included 400 manufacturers only 40 survive to this day and many of them won't last long either. The number is less in the already consolidated West.
autoreporting.com
The Chinese car business can't escape the capitalist marketplace where the efficient survive and the rest perish. Replacing the internal combustion automobile, with its already well-developed infrastructure, is an even bigger challenge than simply building a better car.
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