I didn't read the article until now, it reads exactly like what I said, a capital play.

Yet shocking still, it mentions Youth Motors/Qingnian Automobile/青年汽车 as Saleen's neighbor and former plant owner, my god, this is beyond stupid.

Youth Motors made the news last years after its "tech breakthrough of cars powered by water", which in reality is just ineffcient water-to-hygrogen onboard, it became a national joke, it also received huge amounts of government investment and apprently still doing fine right now.

This is the result of local governments not having to pay their debts, it's a feast.