{"id":16986,"date":"2021-08-03T21:30:23","date_gmt":"2021-08-03T21:30:23","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=16986"},"modified":"2021-08-03T21:30:23","modified_gmt":"2021-08-03T21:30:23","slug":"chinas-booming-ev-industry-faces-overcapacity-issues-and-this-will-see-consolidation-and-closures-analyst-says","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=16986","title":{"rendered":"China\u2019s booming EV industry faces overcapacity issues and this will see consolidation and closures, analyst says"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s electric vehicle (EV) industry, growing fast amid strong take-up of the new technology, will likely face a period of excess capacity in the near-term amid a glut of unwanted cars from some underperforming manufacturers.The industry is set for a period of consolidation and closures as the strongest start-ups and conventional carmakers up their EV game with new models to outdo weaker competitors, said an industry expert on Tuesday.\u201cThe market outlook is bright but that is not enough to\u2026<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3143692\/chinas-booming-ev-industry-faces-overcapacity-issues-and-will?utm_source=rss_feed\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s electric vehicle (EV) industry, growing fast amid strong take-up of the new technology, will likely face a period of excess capacity in the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":16987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/16986"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16986"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/16986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/16987"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16986"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}