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The world's auto giants will need to partner with Chinese companies to survive in China, analysts say

By CNBC   |   Nov 22, 2024 at 12:11 AM EST
The world's auto giants will need to partner with Chinese companies to survive in China, analysts say

RBC's Tom Narayan suggests Tesla's self-driving technology justifies its market cap over car sales. Foreign automakers in China are adapting to local regulations and partnerships with Chinese companies to compete in the growing electric car market, emphasizing advanced driver-assist technology collaborations.

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