In 2026, China's vehicle manufacturing profit margin fell to 1.5%. Total profits in the first half dropped to 39.4 billion yuan from 137 billion yuan in the same period of 2021, a decline of over 70%, on par with the level during the 2008 financial crisis.
Evidence EVIDENCE
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SourceTypeReliabilityLink
多伦多方脸
2026-10-25 06:37 · 多伦多方脸 发布视频：方脸说：习近平的产业模式如何摧垮中国经济？造成中国大通缩？万亿补贴砸出电动车全球第一，利润却跌回2008年！电动车丨光伏丨新能源丨芯片
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自由亚洲电台：“与邻为壑” 中国产能过剩的原因与解方在哪里？
2026-10-25 06:37 · 去年10月，欧盟已经宣布对中国电动汽车的政府补贴问题展开调查。
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CSIS：中国对新能源汽车的昂贵赌注
2026-10-25 06:37 · By our calculations, between 2009 and 2017 Chinese national and local authorities have invested over RMB 390 billion ($5
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Context CONTEXT
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This event
China's vehicle manufacturing profit margin falls to 1.5%, with first-half profits of 39.4 billion yuan back to 2008 levels
2026.09.08 · Reported
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