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BMW said 500 million euros of the Mexico investment would go to the battery assembly center on the carmaker’s plant grounds, employing 500 more people.
Sato, who took office April 1 with the task of speeding up the Japanese carmaker’s slow start in the global EV race, said the world’s biggest automaker is now in the first of the three EV stages.
Source: https://jalopnik.com/china-on-track-to-become-worlds-biggest-car-exporter-1850361436
Tesla Inc's China chief Tom Zhu has been promoted to take charge of the electric carmaker’s U.S. factories as well as sales operations in North America and Europe, according to an internal posting of reporting lines reviewed by Reuters.
The Chinese carmaker’s entry into Proton in 2017 has given it a foothold in Southeast Asia and helped restore the fortune of the once dominant Malaysian brand.