Chart Of The Day -- There's A Bigger Story Here -- May 20, 2025

Locator: 48663EVS.

Link here.

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GM Announced Today: Will No Longer Ship Cars To China

 

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Ford: EV Cash Burn Unsustainable

Link here.

From 2023, Ford saw this coming:

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Honda

Ditching EVs. Moving to more fuel efficient ICEs. Link here. IYKYK.

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Tesla Battery Supplier Goes Public In Hong Kong, Honda Cuts Back On EVs

Epic battle between two philosophically diametrically opposed economies. 

Think Lord of the Rings on steroids.

Link here. 

The headline could read:

• central managed economy mandating EVs;
• market-based, western free capitalism pulling back on EVs.

China's economy transitioned from a centrally planned model to a "socialist market economy" in the late 1970s, but it still retains significant state intervention and control. While markets play a larger role, the government maintains a strong influence through state-owned enterprises, five-year plans, and other mechanisms