AD #2193 – China May Drop JV Rule for EVs, Mack Introduces New Class 8 Semi, Cars That Deliver Themselves

published 1 year ago by John McElroy

- China Considers Dropping JV Rule for EVs - Porsche Reveals New Mission E Details - Mack Introduces New Class 8 Semi - Cars That Deliver Themselves - Designing New Iconic Details for BMW

On today's show China may lift its joint venture rule for electric vehicles there's a new way to get cars off the production line and Porsche drums up some excitement for the mission E. all that more coming right up. Online daily. This is not a line daily V. show for enthusiasts of the automotive industry. In an effort to protecting grow its auto industry China implemented a policy back in the 19 nineties forcing foreign automakers to form a 5050 joint venture with local Chinese companies in order to build vehicles. But now Bloomberg reports the country could revise that rule. To help spur electric vehicle growth the government is considering allowing foreign automakers to set up wholly owned E. V. businesses in its free trade zones. A final decision hasn't been made yet. The plan could go ...

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