At present, electrification, networking, intelligence and sharing have become recognized as future trends in the automotive industry.
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New report: China’s electric vehicles have the opportunity to dominate in the second half
At present, electrification, networking, intelligence, and sharing have become recognized future trends in the automotive industry. McKinsey’s “2030 China Automotive Industry Outlook” report pointed out that China’s car ownership per thousand people is about 160 units, which is still far from the level of major developed countries. Therefore, China’s auto industry is still expected to achieve low-speed growth, especially in third- and fourth-tier cities and rural areas, there is still much room for growth.
In terms of electrification, benefiting from financial subsidies and capital forces, China’s electric vehicle supply chain has begun to take shape. Independent brands represented by Weilai, Xiaopeng, and Ideal have become a highlight of China’s electric vehicle industry. Various emerging business models and connected technologies are being applied to these self-owned electric vehicles. However, with the decline of financial subsidies, many independent brands will be eliminated. After the big waves are washed in the sand, high-powered independent brands will further expand market share, narrow and equalize the gap with mid-end international brands, and occupy a dominant position in the Chinese electric vehicle market.
Driven by 5G networks, the Internet of Vehicles is about to usher in large-scale applications. The report predicts that in the Chinese market, the connected car operating system will be dominated by 1-3 local manufacturers and form the industry’s standard system, and these leading manufacturers will belong to technology Internet giants. So …
Editor’s comment: With the gradual maturity of the connected car technology, car manufacturers, travel companies, etc. can directly establish contacts with consumers. The traditional 4S store model in the auto transaction chain is therefore challenged if …
This article comes from the paid section “Daily Business Collection”-January 16 Day
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