AD #4065 - Chevy Leaving the Chinese Market; German Automakers Expect U.S. Tariff Relief; Tesla Starts Human-Less Test Drives
About this episode
German automakers BMW, Mercedes, and Volkswagen are negotiating with the US for tariff relief tied to increased US investments and exports. China’s export restrictions on rare earth magnets threaten to halt Indian car production. Chevy is reportedly exiting the Chinese market after steep sales declines. Tesla is advancing robotaxi tests without drivers in Austin, aiming for a June launch. Toyota plans to expand its EV lineup in the US by 2027, while CATL rolls out swappable battery stations in China. GM partners with Samsung SDI and LG Energy to produce cost-effective LFP batteries in the US, supporting more affordable EVs.
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