来自我的办公桌早上好。中国的电动汽车正在征服海外市场，但在国内，该行业正撞向一堵墙。
- FROM MY DESK Good morning. China’s electric vehicles are conquering overseas markets, but back home the industry is heading for a wall.
截至9月，中国乘用车销量下滑22%，使市场有望出现自2014年以来最差表现。通常情况下，这将引发大规模行业洗牌。但向电动汽车初创企业投入数十亿元的地方政府拒绝让失败的工厂关闭。为保护就业，市级官员让数十个僵尸品牌继续苟延残喘。
Through September, passenger-car sales in China dropped 22%, putting the market on track for its worst performance since 2014. Ordinarily, this would trigger a massive industry shakeout. But local governments that poured billions into EV startups refuse to let failing plants close. To protect jobs, municipal officials keep dozens of zombie brands on life support.