• boonhet@lemmy.zip
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    19 hours ago

    They pretty much do the same in China. Tesla I believe is or was the only foreign manufacturer allowed to own their Chinese business. Everyone else had to set up a Chinese subsidiary majority owned by a Chinese automaker.

    Nothing stopping Xiaomi from doing the same with Ford or GM in the US as far as I know?

    • Bluewing@lemmy.world
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      1 hour ago

      US auto makers have done such things before. For a few years, GM sold the Chevy Luv which was a rebadged Izuzu. Ford has done the same with Volkswagon and others.