"We are in a global competition with China, and it's not just EVs,"
"And if we lose this, we do not have a future at Ford."
"You get this sense of a change, where China's competitiveness has gone from being about government subsidies and low wages to a tremendous number of highly skilled, educated engineers who are innovating like mad,"
"So in a pre-emptive fashion, they want to automate it as much as possible, not because they expect they'll be able to get higher margins - that is usually the idea in the West - but to compensate for this population decline and to get a competitive advantage."
China has deployed vastly more industrial robots than Germany, the US, and the UK, driving heavily automated manufacturing. Western automotive and green-energy executives visiting Chinese factories report pervasive robotic operations and 'dark factories' running around the clock. Executives warn that China’s automation and a surge of highly skilled engineers threaten to outcompete Western producers in electric vehicles and other sectors. Some companies have abandoned domestic initiatives after observing Chinese capabilities. China’s push toward automation responds partly to demographic decline and aims to secure competitive advantage beyond simply lowering labor costs.
Read at Futurism
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