Electric cars are seen at a parking lot of a car factory in Xingtai, Hebei province. KPMG says electric car makers face tighter capital markets and challenges to build consumer trust in the world’s largest car market. Photo: Reuters

China’s electric car makers face ‘critical’ maturity period over the next two years, KPMG says

  • Consolidation likely as electric car makers face tighter capital markets, end of government subsidies next year
  • EV makers have yet to reach ‘true mass production’ standards
Topic |   Autos

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Electric cars are seen at a parking lot of a car factory in Xingtai, Hebei province. KPMG says electric car makers face tighter capital markets and challenges to build consumer trust in the world’s largest car market. Photo: Reuters
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