BMW, VW, and Stellantis code-sharing deal raises concerns about slower innovation against Chinese rivals
By
Lois Hoyal
Summary
European automakers BMW, Volkswagen, and Stellantis are planning to share code to cut development costs by an estimated 40 percent. However, experts warn that this collaborative approach could slow decision-making, potentially allowing Chinese automakers to increase their competitive lead in the industry.
Source
bskyBMW, VW, and Stellantis code-sharing deal raises concerns about slower innovation against Chinese rivalsautonews.comKey quotes
· 2 pulledEuropean automakers estimate that sharing code will help cut development costs by 40 percent
experts fear collaborating will slow decision-making allowing Chinese rivals to increase their lead
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