China’s EV Market Is Eating Itself Alive and the Whole World Might Pay for It!

Right, imagine you’ve got 100 kids all trying to win a school science fair. But instead of one or two clever inventions, every single one of them has built a fully functioning robot, and now they’re all trying to sell theirs for the price of a sandwich. That, in essence, is China’s EV Market.

At last count, China had over 100 different EV brands jostling for attention in a market that simply doesn’t have enough buyers to soak up the supply. It’s a full-on street brawl. The likes of BYD, China’s poster child of EV success, have begun hacking away at their prices like a machete in a jungle, aggressively slashing costs to the bone just to stay ahead. We’re talking serious undercutting here, not just a cheeky discount.

The price war is not restricted to China either, in this charming backwater of Malaysia we’re already benefitting (if that is the correct word) from successive price cuts.

And the Chinese government? Well, they’re starting to look worried, and for good reason. Price wars might sound fun on paper, but when you’ve got more cars than customers and a fleet of companies willing to bleed cash to stay alive, things start to look less like a race and more like a demolition derby.

But here’s the kicker: all that oversupply doesn’t just disappear. Nope. These cars are going to spill over China’s borders like an overfilled bathtub; cheap, abundant, and ready to undercut every other market they roll into.

That’s where things get dangerous. Countries with their own domestic car industries, jobs, factories, whole towns relying on auto production are staring down the barrel of an EV flood. And these aren’t bad cars either; they’re modern, capable, and terrifyingly inexpensive.

So while China sorts out its EV overpopulation crisis, the rest of the world might want to start building sandbags. Because when the dumping begins, it won’t just wash away profits; it could wipe out livelihoods.