Two replies in one:I doubt that anyone is losing money selling ebikes. It is likely that markups are very high which explains why there are so many ebike sellers including high end and low end bikes. It looks like price and feature competition might be starting to kick in some and that might accelerate as we come out of the pandemic and especially as the market gets more saturated.
The 35.2 pounder was a Specialized conversion with thru-frame wires. It is purple. 80Nm. The scales in the photo are metric and upside-down. 6.2 + 9.8 Kg at the rear. 60/40 weight distribution 8cm above the hubs.
I wonder about Economic Zones. Within these labor is highly subsidized to train young workers into skilled labor.