There's no shortage of hype in China's electric vehicle market with a fleet of competitor firms thrashing around for sponsorship and talent and regulators eager to promote the green-friendly, cutting-edge technology underpinning it, the market is red-hot.
But like a car engine that gets very hot potentially too hot that is far from ideal.
Based on publically available information, FinanceAsia estimates that there are currently 25 electric vehicle startups in China. However, the sum of their endeavours so far is just three non-concept car models that have yet to go into full production.
Sound vaguely...
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