China’s electric vehicle price war is leaving some drivers stranded. As smaller companies collapse, owners find their high-tech cars becoming obsolete.
A Bank of America analyst suggests that the Detroit Three automakers should prioritize their profitable truck business and reconsider their strategies in China to better fund electric vehicle development.
China is aggressively pursuing the integration of flying cars into its cities with the goal of having 100,000 eVTOLs in operation by 2030, transforming urban transportation.
