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

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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.

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.

 

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