AD #3767 - Italy In Talks with China's Chery Auto; Auto Execs Say SDVs Still a Ways Off; GM Loses Two Top Executives
About this episode
Italy aims to boost vehicle production by courting Chinese automaker Chery to add 300,000 units annually, supported by a €6 billion fund. Despite hype around software defined vehicles (SDVs), most auto execs predict they won't dominate new car sales before 2030 due to technical challenges. Tesla's Berlin plant resumed after an arson-related shutdown, while GM faces leadership changes in manufacturing and software divisions. Cadillac plans a more affordable electric sedan, Lucid expands production in Saudi Arabia, and BYD targets European market growth with a new Hungarian plant. Japanese automakers agree to historic pay raises, and Volkswagen's truck unit partners with Plus for Level 4 autonomous trucks.
Lucid Gravity
"...er, which will likely happen when it launches the Gravity SUV and a smaller CUV. That CUV is said to start ..."
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