In an attempt to gain prestige, improve competitiveness and open new sales channels abroad, Chinese automakers are investing in new design and engineering operations in Europe that could bolster their long-term prospects in the region and at home.
In an attempt to gain prestige, improve competitiveness and open new sales channels abroad, Chinese automakers are investing in new design and engineering operations in Europe that could bolster their long-term prospects in the region and at home.
Trade groups and automotive executives are sounding the alarm that a curb on rare earth metals from China could lead to production disruptions worse than the microchip shortage.