How a Chinese EV maker is looking to become the 'Netflix of the car industry'

Switzerland Nachrichten Nachrichten

How a Chinese EV maker is looking to become the 'Netflix of the car industry'
Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Chinese auto exports have more than tripled in just five years, and the country's manufacturers have their sights set on the U.S. market.

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Chinese auto exports have jumped more than 50% over just the past two years, driving the country into a top spot among global vehicle exporters with long-time powerhouses Japan, Germany and the U.S.At the end of April, China's industrial hub Shanghai hosted its first auto show since the end of the country's draconian"zero-COVID" pandemic restrictions. It offered a glimpse of the future.

Geely, the Chinese automotive giant that owns Volvo, has the U.S. market squarely in its sights with a whole new concept and brand. The Geely Automobile Holdings Ltd. Lynk & Co. Zero Concept vehicle is displayed during a launch event in Beijing, China, in a Sept. 23, 2020 file photo.Lynk is hoping to become, he said,"like a Netflix of the car industry."

"We now have some customers in Europe who actually gain more on sharing than they pay [with] their monthly fee," said Visser. The brandIt's a bold initiative, especially now, given the frosty state of U.S.-China relations.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

CBSNews /  🏆 87. in CH
 

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Congress presses Chinese fast-fashion giant Shein on forced labor | CNN BusinessCongress presses Chinese fast-fashion giant Shein on forced labor | CNN BusinessUS Congress is stepping up the pressure on Chinese fast-fashion giant Shein.
Weiterlesen »

Mercedes-Benz Says It Isn't Viable To Leave The Chinese Market | CarscoopsMercedes-Benz Says It Isn't Viable To Leave The Chinese Market | CarscoopsChina accounted for 37% of Mercedes-Benz's total sales last year as well as 18% of its revenue car auto cars
Weiterlesen »



Render Time: 2025-01-16 09:35:28