What challenges do foreign manufacturers face in the Chinese EV market?
Fitch Ratings' Yang on China's Auto Sector
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Business, Architecture
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University
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Hard
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The video discusses the impact of COVID-19 on the auto industry, highlighting demand concerns and the resilience of auto production. It examines Tesla's strong performance in China and the challenges faced by global automakers in the EV market. The video also addresses cost pressures and supply chain challenges, particularly in relation to battery costs and the push for electrification.
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How are rising battery costs impacting automakers' profitability?
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