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ShanghaiEye魔都眼
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Comments by "DailyBeatings" (@DailyBeatings) on "Will we see more mergers by China's EV manufacturers amid hot competition?" video.
No merger since NIO already has a joint venture with JAC Motors, which is an SOE.
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Accounting to the History Channel the "number of active automobile manufacturers dropped from 253 in 1908 to only 44 in 1929, with about 80 percent of the industry’s output accounted for by Ford, General Motors, and Chrysler, formed from Maxwell in 1925 by Walter P. Chrysler". There's going to be a natural progression of these EV companies to either consolidate into fewer manufacturers or just discontinue operations.
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