Zeekr and Neta implicated in China’s ‘zero-mileage’ EV sales scheme

Zeekr and Neta have been exposed as having their hands deep in the zero-mileage scheme that Chinese regulators are cracking down on.  China’s EV industry is currently grappling with chronic overcapacity and a prolonged price war. As such, automakers have been resorting to increasingly desperate tactics to maintain growth, but government authorities are beginning to […]

Source: cryptopolitan.com (Read Full Article)