Ford’s potential venture with Anhui Zotye would give the Dearborn automaker a partnership with a pioneer in the Chinese all-electric vehicle segment. Fiat Chrysler does have an existing partnership with another Chinese carmaker, Guangzhou Automobile Group, to build some Jeeps for the Chinese market. Fast forward to March 1999, when automaker Renault signed an agreement to take a controlling interest in Nissan of 37 percent and installed Ghosn, then an executive vice president at the French company, as COO. Yes, one-third of all the carbon dioxide reduction that the EU automakers love to brag about — often noting how much more fuel efficient their cars are than our own domestic products — are completely illusory.
Instead, Tesla’s value was driven by the perception that it’s better positioned to produce all-electric cars than OG automakers going forward. In its annual auto issue, Consumer Reports ranked 31 automakers in their report card, …Read More