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Open original source ↗Important read. Keep in mind @Xiaomi is a very young company. Started as a smart phone company in 2010, but only released its first car less than a year ago. I can’t imagine either US or European incumbent car makers remaining globally competitive.
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For years, German automakers relied on the Chinese market to make up for weaker demand elsewhere, leading them to ignore deeper structural problems at home. https://t.co/mK6jtQlSRb via @NYTimes
pstAsiatech ↗