YouTuber Winston Sterzel who shared the drone footage alleges that Chinese EV makers register these cars and claim to have sold them in order to inflate their sales numbers and obtain subsidies from the government.
One caption, translated to English, reads “BYD inventory flooded, 600 cars waiting to be processed.” In a related video, a registration form reveals the size of the plot where the surplus inventory is left to rust in Hangzhou. The field is over 15,000 square meters in size, and the nature of the property is “commercial business.”
The abandoned electric cars are seen covered in dust and grass, but their interiors appear to be in new condition, with untouched plastic seat wraps and shining screens.
It is suggested that Chinese carmakers may produce electric cars without conducting proper market research to determine their viability.
Similar incidents were reported in 2018 in Shanghai, where surplus bicycles piled up due to oversupply after bike sharing reached its peak in China.
The current state of the EV graveyard in Hangzhou and whether any actions were taken against the carmakers are unclear, as some of the drone footage is over two years old.
Source: Serpentza
