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The Economic Times
The Economic Times
Business

Europe’s auto giants learn from China as Volkswagen, Stellantis rethink EV strategy

Paris: Europe's two auto industry bulwarks, Volkswagen and Stellantis, used this year's Paris auto show to signal growing confidence in their electric vehicles, adopting lessons from the Chinese rivals and partners now reshaping their home market.

Both companies are undergoing strategic overhauls to address the growing competition of Chinese rivals in the European market, but announcements by Stellantis on Monday also showed more scope for collaboration.

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