Tech Insider: Foreign Automakers’ China JV Gamble, Ehang’s Air Taxi Certified to Fly
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Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.
As China sales stall, foreign auto giants turn to local JVs
The growing popularity of Chinese new-energy vehicle (NEV) brands in China has foreign auto giants sweating. As they try to rev up sales in the country amid a broader economic decline, some are trying an unorthodox strategy: tapping their local joint venture (JV) partners for NEV research and development.
