
China’s so-called New Energy Vehicle market can be one of the most fickle places on the planet. To the untrained eye, it does not matter what kind of EV a car company makes; chances are that someone in China will buy it. However, as time marches on, we’ve learned that a vehicle’s existence alone does not make it a guaranteed success. Just ask companies like Honda, Ford, General Motors, or Hyundai, whose EV products have had middling to disappointing results in a market they once held tight.