AUTOMOTIVE NEWS CHINA

Amid a more tepid global outlook for autonomy, Chinese companies are emerging with the necessary formula to lead the world in market volume, according to S&P Global Mobility.

Renault, Peugeot and Citroen have significantly scaled down their local operations in recent years. The revised subsidy policy the French government released for electric vehicles this week, coupled with the anti-subsidy probe of China-made EVs the EU announced last week, will leave the three French brands with literally no choice but to exit China.

Questions continue to swirl around the Chinese electric carmaker’s health amid mounting losses.

Logistics, safety protocols and politics, for now, are playing key roles.