Anonymousabout 2 months ago
Western automakers including Volkswagen, Stellantis, and BMW are increasingly licensing EV technology from Chinese firms like XPeng, Leapmotor, and Huawei — a historic reversal of the joint-venture model that once required Chinese companies to learn from foreign partners. Driven by a cost gap of 25–40% per vehicle, a collapsing market share in China, and development timelines twice as fast, legacy automakers face an existential choice: adopt Chinese technology or risk losing a third of the global market by 2030.