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== Profitability of Chinese EV Makers == | == Profitability of Chinese EV Makers == | ||
* '''Out of the | * '''Out of the six top exclusive EV makers examined, only BYD and Li Auto are currently profitable.''' | ||
* '''An April study by Goldman Sachs established that if BYD were to reduce prices of its vehicles by another 10,300 yuan per vehicle, profitability of China EV segment could turn negative'''<ref>https://www.scmp.com/business/china-business/article/3260527/china-ev-price-war-worsen-market-share-takes-priority-over-profit-hastening-demise-smaller-players?utm_source=twitter&utm_campaign=3260527&utm_medium=share_widget</ref>'''.''' | * '''An April study by Goldman Sachs established that if BYD were to reduce prices of its vehicles by another 10,300 yuan per vehicle, profitability of China EV segment could turn negative'''<ref>https://www.scmp.com/business/china-business/article/3260527/china-ev-price-war-worsen-market-share-takes-priority-over-profit-hastening-demise-smaller-players?utm_source=twitter&utm_campaign=3260527&utm_medium=share_widget</ref>'''.''' | ||
| Line 427: | Line 427: | ||
| -259 | | -259 | ||
| -21.64% | | -21.64% | ||
|- | |||
|Polestar (exclusively EV maker) | |||
| | |||
| | |||
| | |||
| | |||
| | |||
| -889 | |||
| | |||
| -451 | |||
| -49.26% | |||
| -35 | |||
| -1,062 | |||
| | |||
| -253 | |||
|624.97% | |||
|} | |} | ||