Western automakers are paying up for minority stakes in Chinese EV companies to gain access to their technology.
  • Latter_Fortune_7225BEnglish
    1·
    10 months ago

    In the past, the concern was the Chinese automakers would gain access to their partners’ intellectual property. The VW and Stellantis deals show legacy automakers now are willing to pay premiums for minority stakes in Chinese EV makers to gain access to their technology.

    If those Boomers on my Facebook feed could read and accept new information, they would be very upset