Episode #139 - Stellantis + LeapMotor, Geely Related Events in SH / BJ, Cruise Troubles

Tu and Lei start out with the big news of the week. Stellantis acquiring a stake in Chinese EV / EREV maker - LeapMotor. Tu asks Lei to give a brief history lesson of DaimlerChrysler / FCA / Stellantis.They then both dive into the transaction, giving more background about LeapMotor and the opportunities and challenges ahead for both sides. The conversation shifts over to the events happening in Beijing / Shanghai at the time of the live show hosted by Zeekr and Jiyue, one company a Geely brand and the other, Jiyue using Geely as a contract manufacturer. Lei shifts gear to discuss the latest on the UAW negotiations with the US Three. Tu goes over what is an estimate of hourly costs for a typical UAW worker. This discussion evolves into why the US is having difficulty selling EVs vs. China. The podcast closes out with the accident by a Cruise robotaxi in SF that injured a bystander. 

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