Autonomous driving in China: Shifting the car industry from products to services
The advent of autonomous driving in China has already provoked fundamental changes in the country’s automotive industry. For example, so-called robo-taxis are now commercially operating on Chinese streets in 2021. These vehicles drive fully autonomously, transporting passengers without human drivers. Autonomous vehicle (AV) sales in China are expected to exceed 33 million in 2040, approximately […]
Volkswagen in China: Market analysis of the nation’s #1 car brand
History of Volkswagen in China On March 28th, 1937, ‘Gesellschaft zur Vorbereitung des Deutschen Volkswagens GmbH’ was founded in Germany. Later on Sep 16th, 1938, it got a name ‘Volkswagenwerk GmbH’. It is now one of the world’s largest international automobile companies, which produces and sells automobiles throughout the world. Today, the German company owns […]
Ferrari in China
Founded by Enzo Ferrari in 1929, as Scuderia Ferrari, the Italian sports car manufacturer sponsored drivers and manufactured race cars before moving into production of street-legal vehicles as Ferrari S.p.A. in 1947. Throughout its history, the company has been noted for its continued participation in racing, especially in Formula One, where it has had great […]
Auto Sector in China – From Production to Car Ownership
To know more about the Auto Sector in China, contact us at dx@daxueconsulting.com Auto Sector in China According to a conservative estimate, the auto sector in China will grow tenfold between 2005 and 2030, which implies that the number of cars produced in China will amount to approximately 57 million units. Until recently, Chinese car manufacturers […]