In this Automotive World report, a variety of stakeholders provide insight into key aspects of China’s automotive industry.
Download this special report to gain insight into how low levels of ownership, a taste for foreign cars and seemingly endless market growth are proving highly lucrative for the global OEMs which have invested in China.
‘Special report: China’s auto industry’ (https://www.automotiveworld.com/research/special-report-chinas-auto-industry/) is available to download now from the research section of AutomotiveWorld.com.
In this report:
- China’s auto industry: from charcoal-powered cars to full autonomy
- Geely, China’s global automotive ambassador
- Interview: Wu Zhixin, Deputy Director, China Automotive Technology & Research Center (CATARC)
- Emissions-free means NEV, says BYD
- Rule changes in China could alter NEV landscape
- China’s NEV market faces challenges
- China crisis? Global OEMs need new strategy as domestics evolve
- Open for business: The rise of car-sharing in China
- China’s passenger vehicle market: clean, connected, and sold online
- China – a unique market with global characteristics
Quotes from the report:
By 2030, fully autonomous vehicles are expected to account for 10% of sales. That’s 4 million completely self-driving cars annually – Markus Pfefferer, Managing Director, Asia Pacific at Ducker Worldwide
Chinese vehicles have always been perceived as cheap and low-quality, providing no driving pleasure. This has meant an uphill battle for all Chinese automotive brands, including Geely – An Conghui, President and Chief Executive, Geely Auto
The gap between Chinese enterprises and those of Europe and the United States is still very obvious, including automotive electronic control technology such as engine electronic control systems, Electronic Stability Program technology (ESP), and automatic transmission technology – Wu Zhixin, Deputy Director, CATARC
What’s important is that since 2015, NEVs have represented more than 1% of total sales in China. We feel this is an important watershed – prior to this, the NEV industry was warming up. Now that the ratio is more than 1%, we believe a development boom will follow – Sherry Li, Managing Director, BYD Branding and PR Division
Foreign brands have had a reputation for high quality and modern technology. They remain a status symbol, and up until now, any consumer in the market for a new car would buy a foreign brand if they could afford it – Mirjam Meissner, Head of Programme Economy and Technology, MERICS
The BeiDou Navigation Satellite System, launched lately by the Chinese government, is capable of providing highly accurate and reliable navigation information, similar to the one provided by GPS. It strengthens connected service activities in China – Chang Ming Lih, Frost & Sullivan
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