China’s SAIC To Cut Stake In India Car Venture Amid Investment Curbs
In a move that underscores the growing tension between geopolitical policy and industrial ambition, China’s SAIC Motor is preparing to significantly reduce its stake in its Indian joint venture, JSW MG Motor, amid persistent investment restrictions and strategic misalignment. The decision marks a turning point in India’s electric vehicle (EV) landscape and signals a recalibration…
