Geely and Foxconn establish JV to push back against chip shortage
Everywhere you look, you can see signs of an automotive market that’s been hit hard by a silicon “chip shortage.” Everywhere that is, except Tesla, where a more flexible, software-focused approach and sturdier grip on its critical parts supplies have allowed the company to nearly double its deliveries from the year before. Over in China, Geely and Foxconn have taken notice.
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