Hyperdrive
The Car That Will Help Big Automakers Game China's New Rules
- Companies tap Chinese electric model to gain green-car credits
- China’s more stringent emission rules kicking in early 2019
This article is for subscribers only.
Automakers typically want their cars to stand out. However, China’s push for greener vehicles is prompting Toyota, Fiat Chrysler, Honda and Mitsubishi to resort to an unusual move: they’re set to sell the same car.
The four carmakers all plan to sell an electrified SUV developed by Guangzhou Automobile Group Co., the Chinese manufacturing partner they share. Each brand will have their own name emblazoned at the rear of the car, but the look will be the same. The approach -- atypical in an industry where distinct design is key to gaining an edge -- will help them meet China’s new, stricter emissions standards more quickly, giving them time to keep working on their own unique electric models.