The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.
  • MrSilkwormEnglish
    209•1 year ago

    Fear of cheap Chinese EVs spurs automaker dash for affordable cars

    fear of competition spurs automakers to make competitive products. FTFY