Auto dealers and independent repair shops across the country face the same problem: a lack of mechanics.

U.S. insurers can take a page from their Chinese counterparts, who work with automakers there on insuring the value of used EVs.

Over the past two years, the total number of passenger vehicle exports from China to the global market has increased by 211 percent.

Musk is one of several U.S. company CEOs who’ve visited China in recent weeks for the first time since the COVID-19 pandemic. Ford CEO Jim Farley and GM CEO Mary Barra made China trips recently.