The future of the German auto industry will be decided in China. Win-win or meltdown for German manufacturers? | News24Motoring
China is soaring ahead with electric vehicles. BYD has already trumped Volkswagen with sales. Dubbed as China's Tesla, the automaker is also set to bring a more affordable electric vehicle to South Africa during 2023.
Chinese automakers like BYD develop and build their own innovative batteries and chips, hence giving them an edge over German and other carmakers that leaves them significantly ahead. The future of the German auto industry will be decided in China. Win-win or meltdown for German manufacturers - who will win the global duel for dominance in the multi-billion"mobility" business?In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
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