China’s Rise in the Automotive Industry: The Global Balance of Power Is Being Redrawn

The global center of gravity for the automotive industry is shifting ever more decisively toward Asia. China has become a dominant force not only in manufacturing but is also reshaping the landscape through its role in the transition to electric vehicles and its export activities. The question is no longer whether the Chinese automotive industry will arrive on the global market, but rather how Europe and the United States will respond.

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