Hyperdrive Daily: China’s 846 Carmakers Face a Looming Shakeout
Welcome to the Hyperdrive daily briefing, decoding the revolution reshaping the auto world, from EVs to self-driving cars and beyond.
News Briefs
Zombie Hunting in China
The U.S. has three major carmakers with a global footprint, Japan around four and Europe a handful. Compare that with China, which — while home to the worlds biggest car market right now — has a boggling 846 registered auto manufacturers, most of them unrecognizable outside its borders.
More than 300 of those churn out new-energy…
