China's Electric Hummer Rival, EV Startup Pressure, and What's Happening at Your Dealership

Dongfeng, China's second-largest automaker, has unveiled a new all-electric SUV brand called Mengshi, which translates to 'Warrior'. The brand's rugged, military-influenced aesthetic draws comparisons to the GMC Hummer EV. Meanwhile, the EV startup space is experiencing a shakeout, with several companies facing questions about production timelines and cash burn rates. New vehicle inventory is slowly recovering, but truck buyers are still facing constrained selection and limited negotiating room at many dealers.