Without government handouts, EV sales just tanked. Turns out when taxpayers stop footing the bill, demand evaporates. Classic case of artificial market propping—remove the crutch, watch it stumble.
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JustHodlIt
· 7h ago
Well, this is just a true reflection of the market. As soon as the subsidies are cut, sales immediately collapse... What does this indicate? It shows that this thing hasn't really stood its ground.
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wagmi_eventually
· 8h ago
Once the subsidies are removed, the truth is revealed. To put it bluntly, the government is forcibly propping up this market, and removing the subsidies will expose its true nature.
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WhaleInTraining
· 8h ago
What I mean is, cutting the subsidy directly exposes the truth, and that little demand is all fake.
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CounterIndicator
· 8h ago
That being said, this is quite realistic... Once the subsidies are withdrawn, the true nature is revealed, which indicates that this market is fundamentally unstable.
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TokenVelocityTrauma
· 8h ago
As soon as the subsidy is revoked, the tail gets tucked in, which is a common issue in both Web3 and traditional industries. Without an Airdrop, no one is interested in playing.
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TokenStorm
· 8h ago
Ha, to put it nicely it's called "policy-driven", to put it bluntly it's just passing the buck. I have long looked at the on-chain data, and those skyrocketing EV orders indeed have some issues.
Policy subsidies are like leverage; once the liquidation line is triggered... you all understand.
To be honest, I still have a positive outlook on the long-term logic of the new energy sector, but in the short term, this pullback data indeed serves as a warning, as the market is already very fragile.
Without government handouts, EV sales just tanked. Turns out when taxpayers stop footing the bill, demand evaporates. Classic case of artificial market propping—remove the crutch, watch it stumble.