Competition is fierce, but they are not exactly struggling due to government subsidies/incentives. These are so extreme that Chinese manufacturers are over producing and dumping “used” EVs with zero mileage for export.

Similar to US agricultural dumping, this is a terrible policy for everyone, except for the beneficiaries of the subsidies, and maybe the overseas consumers who get cheap EVs in the short term.

China’s Zero-Mile ‘Used’ EVs Are Flooding Global Markets - insideevs.com/news/…/china-zero-mile-used-evs/