Current location:International Index news portal > business
Chinese tech firms strive for leadership in global e
International Index news portal2024-05-21 09:53:26【business】0People have gathered around
Introduction(Xinhua) 10:01, January 20, 2024Visitors learn about a new energy vehicle at the booth of Chinese au
Visitors learn about a new energy vehicle at the booth of Chinese automaker Geely at the smart vehicle section of the China International Supply Chain Expo (CISCE) in Beijing, capital of China, Dec. 1, 2023. (Xinhua/Li He)
Ferdinand Dudenhoeffer, a German researcher of the auto industry, believes "tech companies such as Huawei, Google, Microsoft, and Xiaomi are becoming game changers" in a new car world where the market share of electric and intelligent cars will swell.
BERLIN, Jan. 19 (Xinhua) -- Chinese tech companies will play a key role in the global automotive industry in years to come, Ferdinand Dudenhoeffer, director of CAR Center Automotive Research Duisburg, a research company focusing on mobility, said in an interview with Xinhua on Friday.
He said he expects the car market to "change radically" over the next 10 years, with electric cars and intelligent or software-driven cars increasing their market share at the expense of traditional automobile technologies.
"In this new car world, tech companies such as Huawei, Google, Microsoft, and Xiaomi are becoming game changers," he said.
Visitors learn about new energy vehicles of Chinese carmaker BYD during the 27th Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show at the Shenzhen Convention and Exhibition Center in Shenzhen, south China's Guangdong Province, June 16, 2023. (Xinhua/Liang Xu)
Huawei and Xiaomi, for example, are developing new cars that offer "an entire digital ecosystem," Dudenhoeffer said. "This is much more than having a smart car," he said.
In a report released recently, Dudenhoeffer predicted that Chinese car manufacturers will become global market leaders in the automotive business in around 10 years, with BYD surpassing Toyota.
It is because the Chinese market "has been growing very dynamically" in the new energy vehicle (NEV) segment, Dudenhoeffer wrote in the report.
This photo taken on Nov. 10, 2022 shows a vehicle displayed at the booth of Huawei during the Light of Internet Expo in Wuzhen, east China's Zhejiang Province. (Xinhua/Jiang Han)
BYD increased its global sales by 309 percent in the last three years to more than 3 million units in 2023 and was "clearly the market leader" for NEVs, according to the report. Chinese start-up Li Auto saw an even faster growth of 318 percent last year, but it was still "considerably smaller" than BYD, with 376,000 new cars sold in 2023.
"China is the breeding ground for new car manufacturers that will play a central role in the electromobility segment of the automotive industry," Dudenhoeffer said, noting that the largest plant of U.S. electric car manufacturer Tesla, measured by production figures, is currently located in China.
Address of this article:http://russia.cassettedesign.com/html-07c699952.html
Very good!(48228)
Related articles
- Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit
- Settlement could cost NCAA nearly $3 billion; plan to pay athletes would need federal protection
- The spy who came from the circus: He was a favourite of George VI, a chum of Churchill
- Yankees ace Gerrit Cole to throw off mound Saturday for first time since elbow injury
- Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
- Sebastian Munoz shoots 6
- Contreras keys 3
- Judge says gun found in car of Myon Burrell, sentenced to life as teen, can be evidence in new case
- California congressman urges closer consultation with tribes on offshore wind
- Yankees ace Gerrit Cole to throw off mound Saturday for first time since elbow injury
Popular articles
- Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit
- Bills sign WR Chase Claypool, DE Dawuane Smoot and LB Deion Jones to 1
- Pirates activate C Yasmani Grandal and send struggling C Henry Davis back to the minors
- Mexican forensic examiners are at a site in Baja California where 3 bodies were reportedly found
Recommended
Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
Filly Thorpedo Anna goes wire to wire to dominate soggy 150th Kentucky Oaks at Churchill Downs
Saudi Arabia to launch multi
Moscow accuses Lord Cameron of 'threatening European security' over remarks giving Kyiv go
Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry
Israeli PM vows ground attack on Rafah with or without deal
Cubs ace Justin Steele in line to return Monday from hamstring injury
King Charles' longtime charity celebrates new name and US expansion at New York gala
Links
- Prince William is set to be an usher at the Duke of Westminster's 'society wedding of the year'
- New art space integrates art with technology
- Revealed: Erotic fantasies of Slovakia Prime Minister's would
- 'China overcapacity' narrative to impact global recovery, green transition: Commerce ministry
- Interest rates and RRR may see cuts
- One in six adults say they are addicted to ultra
- Young people work to preserve precious past
- Taking presidential debates out of commission's hands virtually guarantees fewer viewers
- Harper, Clemens lift Phillies to 4
- Chinese giant panda couple arrives in Spain