Unbelievable! Evergrande EVs Report a 100 Million Yuan Loss per Unit, the Largest in History

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Video: China Observer
In the six years since Evergrande began building cars, it has basically been burning money, with an average loss of 100 million yuan per car sold, or 13.8 million USD. According to the financial report, from 2018 to 2022, Evergrande Automobile’s losses have been increasing year by year, respectively reaching 1.4 billion yuan, 4.4 billion yuan, 7.4 billion yuan, 56.3 billion yuan and 27.7 billion yuan. In these five years alone, Evergrande Automobile’s cumulative losses reached 97.2 billion yuan. Coupled with the 6.9 billion yuan loss in the first half of 2023, its total loss has exceeded 100 billion yuan, reaching an astonishing 104 billion yuan. This figure far exceeds the scale of losses of NIO Automobile. Although the scale of Evergrande Automobile’s losses may not be large compared to Evergrande’s overall debt burden of 2.4 trillion yuan, it has hit a record high in the automobile industry and can be called the largest “loss king” in history


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Why do CO2 lag behind temperature?

71% of the earth is covered by ocean, water is a 1000 times denser than air and the mass of the oceans are 360 times that of the atmosphere, small temperature changes in the oceans doesn’t only modulate air temperature, but it also affect the CO2 level according to Henry’s Law.

The reason it is called “Law” is because it has been “proven”!

“.. scientific laws describe phenomena that the scientific community has found to be provably true ..”

That means, the graph proves CO2 do not control temperature, that again proves (Man Made) Global Warming, now called “Climate Change” due to lack of … Warming is – again – debunked!