Automakers expecting to continue operating under business-as-usual principles are in for more than just a rude awakening-they are headed for obsolescence,
The revolution in the auto industry is driven by the maturation of Chinese automakers that do things differently, posing a threat to established manufacturers.
Chinese car companies are not only growing in the domestic market but also gearing up for significant global expansion, with their share of vehicle sales outside China projected to rise to 13% by 2030.
AlixPartners projects that one in three cars sold in 2030 will be from a Chinese brand, showcasing the rapid ascent of Chinese automakers in the global market.
#chinese-car-companies #global-car-market #alixpartners-report #threat-to-established-players #global-expansion
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