每经热评︱672辆纯电公交不到3年大量停运 发展本土产业岂能依赖扶持回避竞争

Group 1 - Longzhou Co., Ltd. announced that its subsidiary, Dongguan Zhongqi Hongyuan Automobile Co., Ltd., is involved in two major lawsuits due to contract disputes with Dongguan Bus Co., Ltd. and Dongguan City Bus Transportation Co., Ltd., with a total claim amount of 431 million yuan [1] - The lawsuits stem from the procurement of electric buses equipped with lithium manganese oxide batteries, which began to experience battery failures and significant performance degradation starting in late 2021, leading to widespread vehicle outages [1] - The market share of lithium manganese oxide batteries has been declining due to inherent disadvantages such as low energy density, short cycle life, and poor high-temperature performance, with a reported market share of only 1.9% by 2018 [2] Group 2 - The procurement process illustrates a case where local support for the automotive industry led to reduced market competition, ultimately resulting in the failure of the initiative [3] - The relationship between suppliers and local government can deteriorate if product quality does not meet expectations, highlighting the importance of fair competition for sustainable business growth [3] - A healthy market environment that promotes fair competition is essential for the growth of local enterprises, as favoritism in procurement can hinder overall industry development [3]

每经热评︱672辆纯电公交不到3年大量停运 发展本土产业岂能依赖扶持回避竞争 - Reportify