European carmakers are increasingly doing deals with Chinese rivals to prevent them from falling behind in core areas such as software and autonomous driving
and we should really call things by their names—good old European racism. — www.ft.com/content/9de3... [image] Ilias Alami / @iliasalami : “Volkswagen, Mercedes-Benz, Stellantis and BMW have all signed agreements with Chinese groups to get access to technology.” — Europe helped teach China to make cars. Now the tables are turning www.ft.com/content/9de3... Stanley Pignal / @spignal : European carmakers were once so far ahead of Made-in-China rivals, they were required to share technology to enter the Chinese market. — Now Chinese carmarkers are so far ahead, they have to share their superior technology to access the EU market. — www.ft.com/content/9de3...