GM's president says Western automakers have one big lesson to learn from China's EV giants

""I would say we can learn a lot from the speed. I don't think that copying each other and trying to price each other out of the market is necessarily a great thing," said Reuss, who was speaking on InsideEV's "Plugged-In" podcast."

""They benchmark the heck out of each other, and then they will copy it and put it into production, so it's a very rapid cycle because of that," he said."

""There are a lot of companies that come and go, and they come and go often. Unless you're selling batteries, it's a pretty tough financial deal to make money over there," he said."

GM intends to learn from the rapid pace at which Chinese EV companies bring new models to market while deliberately avoiding replication of their pricing and business tactics. Chinese EV firms typically complete product development in 22–28 months versus 32–48 months for many global carmakers. Chinese manufacturers often share supplier bases, rapidly adopt new innovations, benchmark competitors closely, and copy successful features to produce vehicles quickly and cheaply. Many Chinese EV ventures fail or struggle financially, and profitability in China is challenging unless tied to battery sales. China is expected to see electric sales overtake gasoline this year while the US lags.

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