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Cake day: July 30th, 2024

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  • We have already seen market dominance with solar panels from China over the past decade. While prices are still consistently trending downward. This decline can largely be attributed to the intense competition among numerous manufacturers in China.

    The same logic can be applied to Chinese EV manufacturers.

    In contrast, other countries typically at best have only have a couple of EV manufacturers, often receiving substantial government protection akin to a helicopter parent. This lack of competition keep prices higher.