Global automakers tap Chinese EV tech to cut costs, timelines
Ford, Toyota, Renault, Volkswagen and Audi are increasingly adopting Chinese EV platforms, batteries and software to save billions in R&D and speed up launches. Analysts compare it to "Intel Inside," with Chinese firms like SAIC, Xpeng and Nio licensing ready-made kits. While the approach fast-tracks EVs, experts warn legacy carmakers risk becoming "just retailers".