
Ecarx, a company backed by Chinese billionaire Li Shufu, said it reached an agreement to deliver robotaxis to US startup May Mobility in a deal it valued at about $750 million bloomberg.com/news/articles/…
Alex Scharfetter
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@alexforohio
Husband | Dad x3 boys | Ohio Politics | Cleveland Sports | F1 | Tweets are my opinion alone

Ecarx, a company backed by Chinese billionaire Li Shufu, said it reached an agreement to deliver robotaxis to US startup May Mobility in a deal it valued at about $750 million bloomberg.com/news/articles/…



Pizza Hut is Bringing Back the 'BOOK IT!' Summer Reading Program


President Trump resurrected the American auto industry, the backbone of our economy. We can’t allow it to be overrun by Chinese predators. No Chinese cars on American roads. Period. That’s what my bill w/ @ElissaSlotkin, supported by American industry from @GM to @UAW, does.

Chinese automakers are taking over the European car market: European sales of Chinese plug-in hybrid vehicles surged over +300% YoY in March, to a record ~20% of the European hybrid car market. By comparison, in early 2024, Chinese hybrid sales represented just 2% of the EU hybrid market. This pushed total Chinese car sales in Europe up nearly +100% YoY in March, to a record 140,094 vehicles. Now, Chinese cars make up a record 9.4% of the overall European market, tripling over the last 2 years. Chinese automakers continue to offer some of the most cost-effective vehicles in the market while increasingly matching European brands on technology and features. Europeans are rushing to buy Chinese cars at an unprecedented pace.



“The Chinese have one aim in mind — to destroy the Western auto industry. It’s 10% of our GDP… we’re not gonna let that happen.” Dealers are weighing the impact of potential Chinese OEM entry. @berniemoreno, (R - OH), breaks down why some see it as a different kind of competitive risk, not just another new brand. “The Chinese have one aim in mind — to destroy the Western auto industry. It’s 10% of our GDP… we’re not gonna let that happen.” Daily Dealer live hosted by @samdarc — listen to the full episode here: dealershipguy.com/sen-moreno-on-… - Thank you to our partner @StreamCompanies! Check them out by visiting: streamcompanies.com/MissedOpportun…

Off to the Races! 🏇 We've teamed up with the @KentuckyDerby to create the perfect ice cream flavor for Derby season, Backstretch Bourbon Cherry! Rich bourbon ice cream loaded with black cherries and praline pecans. Named for the stretch of track where champions make their move, and winners are made. Backstretch Bourbon Cherry is available now in all Graeter's scoop shops, and on our website for nationwide shipping!

