[Tier3r]

Something interesting I heard from a chip company that's huge in the space and work intimately with many automotive companies - why Chinese companies grow so fast is because their development cycle for a car is ~2-3 years, compared to traditional manufacturers who take 5-7 years. This is a massive edge in pushing out new features and exploiting the very rapid new tech - batteries, self driving, etc.

[tarsinge]

Stellantis is the perfect illustration: they kept putting all efforts into pushing their flawed ICE engine (PureTech) because they wanted to make profits from it for at least 10 years. And now the efforts are still not on making a good affordable car but on lobbying to revoke the EU ban on the sale of petrol and diesel cars.