Honda just had its first ever layoff, in China

https://asia.nikkei.com/Business/Automobiles/Honda-axes-900-factory-jobs-in-China-as-market-shifts-to-EVs

They made the right move to incorporate Huawei hardware/software. Changan is very strong for mechanical parts, undervalued actually.

You can’t do anything without emissions, the workers that built the product were raised based on coal-burning electricity in their childhood. Are you going to kill them all?

MG is tuned for export. But I agree some leading Chinese car makers have not been fully released on the world stage.

Huawei

Vingroup in its entirety is about $5 billion revenue per year. The bulk of the business is Vietnamese real estate which is not doing too well. The car business’ strength is being over-estimated.

It’s a different system. The engines here can output more than 250 hp to each wheel, and it goes reverse if necessary. And each wheel is individually controlled by the computer.