A Twitter user named @Tragedy in China posted a video on June 29, showing confiscated electric vehicles piled up in a dumping ground in Zhongshan city, Guangdong province. There are many different types of cars. In addition to three and four-wheelers, most of them are two-wheelers.
Hundreds of confiscated vehicles create a colorful scene with grass and plants covering the whole area.
According to CNBC, China dominates the world’s auto market with the booming electric bike industry.
Bloomberg reports that 51,600 manufacturers joined this industry in 2020, up 83% compared to the previous year. China witnesses 300 million e-bikes on the roads, and the number is forecast to surge in the incoming years.
Data from Statista shows China’s electric vehicles reached 3.5 million units in 2021, a rise of 1.6 times year on year. Revenues amounted to over 102 billion dollars for the year. The production of e-bikes in China is expected to soar to 40.2 million units by 2030.
Another video shows how authorities seized electric vehicles in Dongguan city, Guangdong province in March 2021. Dozens of police officers were deployed to the resident’s neighborhood, checking and taking pictures. They subsequently took the resident’s vehicle away.
There is no factual report about the number of confiscated electric vehicles. However, the video shows another side of lucrative electric bicycles in China.
One netizen comments that it is a waste of resources, while another wonders if China is trying to promote domestic demand this way.