Comments by "Valen Ron" (@valenrn8657) on "General Motors reveals plan to sell Chinese EVs worldwide in massive pivot" video.

  1. How much of GM is owned by SAIC? SAIC owns 50.1 percent of SAIC-GM-Wuling, maker of the 30,000 yuan ($4,521) Sunshine minivan, and 51 percent of Shanghai GM, which builds cars such as Chevrolet Lova compacts and Buick sedans with the U.S. automaker.
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  2. The failure of US government policy. 1. China puts a 25 percent import duty on American cars, while the U.S. only does 2.5 percent for Chinese cars. 2. No American car company is “allowed to own even 50% of their own factory” in China, but China’s auto firms can own their companies in the U.S. Tesla made a deal with Chinese batteries since a large proportion of an EV is the batteries. 3. Mining companies in China are state-owned. 4. Rare earth mining companies in China are state-owned.
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