{"version":"1.0.0","episode":{"title":"BONUS: How China Engineered A Bloodbath Of Deliberate Overcapacity","url":"http://getcarcurious.com/episodes/bonus-how-china-engineered-a-bloodbath-of-deliberate-overcapacity","audioUrl":"https://dts.podtrac.com/redirect.mp3/audioboom.com/posts/8779035.mp3?modified=1758790308&sid=5051980&source=rss","description":"China's electric vehicle price war represents the calculated culmination of a decade-long state industrial policy that has now reached its inevitable—and perhaps intended—climax. Since 2009, Beijing has channeled over $230 billion into EV incentives, subsidies, and industrial support, creating what appears to be overcapacity but was actually a deliberate strategy to forge global champions through domestic combat.\n\nThe result is a market hosting over 130 brands competing in what Volkswagen's China chief describes as a sector that has \"lost all reason\".\n\nToday we’ll discuss:\n\n\nChronic Overcapacity and Unsustainable Competition\nDeep Financial Stress Across the Industry\nGlobal Repercussions and Political Backlash\n\n\nA reminder our bonus shows are exclusively for our Patreon supporters. For the first 7 days, only Patreon insiders get early access, their name on the list of legends for Executive Producers and above, and the power to shape future shows. If being in the know and recognised as a supporter sounds like you, join us now at patreon.com/evnewsdaily and become part of something special.\n"},"annotations":[{"startTime":212.0,"endTime":219.0,"type":"car","title":"Toyota Century","url":"/cars/toyota/century","image":"https://upload.wikimedia.org/wikipedia/commons/8/80/1967_Toyota_Century_Model_VG20.jpg","quote":"...ercedes, your BMWs, Toyotas and Fords who'd had a century head start on petrol engines and realized they'd ...","canonicalId":"car:toyota:century","priority":0.5,"confidence":1.0,"source":"fuzzy","data":{"imageAttribution":"Ghostofakina (CC BY-SA 4.0)"}},{"startTime":369.0,"endTime":372.0,"type":"car","title":"Tesla Model Y","url":"/cars/tesla/model-y","image":"https://upload.wikimedia.org/wikipedia/commons/5/5c/Tesla_Model_Y_%282025%29_MYLE_Festival_2025_DSC_9565.jpg","quote":"...ey started slashing prices on key models like the Model Y, thinking that they could use their profit margin...","canonicalId":"car:tesla:model y","priority":0.7,"confidence":1.0,"source":"fuzzy","data":{"imageAttribution":"Alexander Migl (CC BY-SA 4.0)"}},{"startTime":734.0,"endTime":739.0,"type":"car","title":"Seagull","url":"/cars/byd/seagull","image":"https://upload.wikimedia.org/wikipedia/commons/9/98/2023_BYD_Seagull_%28front%29.jpg","quote":"... them a massive cost control. BYD can offer their seagull model for as little as 55,800 yuan. They have don...","canonicalId":"car:seagull:","priority":0.5,"confidence":1.0,"source":"fuzzy","data":{"imageAttribution":"User3204 (CC BY-SA 4.0)"}},{"startTime":1877.0,"endTime":1879.0,"type":"car","title":"Nio ES8","url":"/cars/nio/es8","image":"https://upload.wikimedia.org/wikipedia/commons/2/23/NIO_ES8_%281st_generation%29_KIRA_IAA_2025_DSC_2294.jpg","quote":"that happened recently with the neo ES8 now the neo ES8","canonicalId":"car:nio:es8","priority":0.5,"confidence":1.0,"source":"fuzzy","data":{"imageAttribution":"Alexander Migl (CC BY-SA 4.0)"}},{"startTime":1885.0,"endTime":1887.0,"type":"car","title":"Land Rover Range Rover","url":"/cars/land-rover/range-rover","image":"https://upload.wikimedia.org/wikipedia/commons/7/78/Land_Rover_Range_Rover_%285th_generation%29_IMG_9481.jpg","quote":"is what I can best describe as a Range Rover for 50 grand it's incredible","canonicalId":"car:land rover:range rover","priority":0.7,"confidence":1.0,"source":"fuzzy","data":{"imageAttribution":"Alexander-93 (CC BY-SA 4.0)"}}],"speakers":[{"id":"s1","name":"Martyn Lee","role":"host"}],"transcripts":[{"url":"http://getcarcurious.com/episodes/bonus-how-china-engineered-a-bloodbath-of-deliberate-overcapacity/transcript.vtt","type":"text/vtt"}]}