Stellantis Wants To Take On The Chinese Market
Plus, GM cut nearly 1,000 jobs in Arizona and the UAW has started picket practice.
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Plus, GM cut nearly 1,000 jobs in Arizona and the UAW has started picket practice.
Stellantis is considering a tie-up with Hangzhou-based Leapmotor, which sells electric models like the C11 SUV and C01 sedan in China.
From August 16th to 20th, the 7th China-South Asia Exposition and the 27th China Kunming Import & Export Fair, co-sponsored by the Ministry of Commerce ...
Around 1 percent of the electric cars can be seen on the country’s roads and people wants EVs to be 60 percent cheaper Indonesia, which is considered to be Southeast Asia’s biggest car market has once again hosted the International Auto Show (GIIAS) from August 10 until Aug 20, 2023. The purpose is to boost EV manufacturing, production, and sales. The government was under the notion that the show will provide optimistic scenarios to increase EV sales, but people are still gloom-ridden to adopt the same.
China’s initiatives targeting the electric vehicle industry over the past 15 years are one of the most successful cases of industrial policy in the country’s recent history. Growing EV exports from China create a dilemma for U.S. policymakers: production in China can benefit consumers and enable the electrification of the transportation sector, but it could undermine domestic job creation and potentially lead to de-industrialization.