Lucid Stock Rises On Plans To Join China’s EV Market
Reuters is reporting that luxury electric-vehicle maker Lucid is planning to sell imported cars in China, the world’s largest automobile market. The move would create further competition with Tesla, one of the largest EV sellers in the nation. All right….
Auto Production In China To Rebound
While vehicle and component production has slowed to a trickle in Europe because of the corona virus outbreak, Daimler, Volvo and suppliers say their factories in China are coming back online. Daimler has reopened its factory in China, where demand for vehicles is…