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Business
fromFortune
1 week ago

'It's a cage match': Beleaguered iRobot founder says the biggest reason why the Roomba-maker failed was because of growing Chinese competition | Fortune

iRobot lost market share and competitiveness due to aggressive Chinese fast followers and protected domestic advantages, leading to bankruptcy and acquisition.
Cars
fromTechCrunch
3 weeks ago

Ford and Renault team up on cheaper EVs in a 'fight for our lives' | TechCrunch

Ford and Renault will jointly produce two affordable Ford-branded electric vehicles in Europe in 2028 using Renault's Ampere platform to better compete with lower-cost Chinese rivals.
Cars
fromwww.theguardian.com
3 weeks ago

Western carmakers in fight for lives' against Chinese rivals, says Ford boss

Western carmakers face an existential threat from low-cost Chinese electric vehicle manufacturers, prompting strategic alliances and a focus on affordable small EV production.
Germany news
fromThe Local Germany
2 months ago

Merz to host German auto sector crisis meeting

Germany convenes crisis talks with the auto industry to tackle a downturn, slow EV transition, rising Chinese competition, an EU combustion-engine ban, and job risks.
fromBusiness Matters
4 months ago

Tesla slashes UK leasing costs as sales slump against Chinese rivals

Tesla has almost halved the cost of leasing its electric cars in Britain, with monthly payments on a Model 3 starting as low as £252 plus VAT.
E-Commerce
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