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01-02-2024 | In the Spotlight

China's Automotive Industry - Pragmatism as a Strategy

Author: Frank Urbansky

Published in: ATZ worldwide | Issue 2-3/2024

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Excerpt

China's automotive industry is making significant strides, overtaking Western countries in both electric and combustion-engine vehicle markets. The country's success is attributed to its pragmatic, technologically neutral approach and abundant resources. Chinese manufacturers have improved vehicle quality, making them competitive globally. The article delves into China's strategies for different markets, its investments in autonomous driving and hydrogen vehicles, and its stringent emissions standards. It also explores the impact of European technology transfers and the future plans for electrification. The text highlights China's dual-credit policy and its ambitious goal of having 40% of new vehicle registrations be electrified by 2030, while still maintaining a significant presence of combustion-engine vehicles. This detailed analysis offers a fascinating look into China's automotive revolution and its global implications.
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Metadata
Title
China's Automotive Industry - Pragmatism as a Strategy
Author
Frank Urbansky
Publication date
01-02-2024
Publisher
Springer Fachmedien Wiesbaden
Published in
ATZ worldwide / Issue 2-3/2024
Electronic ISSN: 2192-9076
DOI
https://doi.org/10.1007/s38311-024-1623-2

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