So Tesla is taking our advice, and does a Chinese JV. Or so they say

Tesla's presumptive JV partner Lifan (formerly Hongda) is known for a liberal approach to intellectual property

Tesla’s presumptive JV partner Lifan (formerly Hongda) is known for its liberal approach to intellectual property

Tesla Motors is “sizing up Chongqing-based auto manufacturer Lifan Group and Chang’an Automobile Group” for a possible joint venture, writes Taiwan’s Wantchinatimes, which in turn did read it in Shanghai’s National Business Daily. As the DailyKanban wrote in Auto Industry 101.3, a 50:50 joint venture with a Chinese automaker is the only way to make a meaningful entry into the Chinese auto market. As we wrote in Auto Industry 101.4, a Chinese JV is the only way to bring a foreign EV to the Chinese market with any chance of success. Here come the howevers: [Continue Reading]