"Carmaking Costs Soar to Unprecedented Heights: Leapmotor Chairman Sounds Alarm As the electric vehicle (EV) market continues to boom, the cost of producing these vehicles is skyrocketing, according to Leapmotor Chairman, Li Changjun. In a shocking revelation, Li warned that carmaking costs are exceeding people's imagination, posing a significant challenge to the industry's sustainability. Meanwhile, in a testament to the rapid growth of the EV market, Tesla has just rolled off its 10 millionth vehicle globally, marking a major milestone in the company's history. But behind the scenes, the rising costs of materials, labor, and technology are putting pressure on automakers to maintain profitability, leaving many wondering if the EV revolution can be sustained in the long term."

[Gasgoo Express] Leapmotor Chairman Says Carmaking Costs Exceed Imagination; Tesla's 10 Millionth EV Rolls Off Line Globally  Gasgoo