The mission of the Automotive industry – one of the most globalised industries – is to provide safe and accessible transportation for the world’s increasing population. The industry is one of the main engines of economic growth, with important multiplier effects both in upstream sectors such as metal processing, chemicals, and textiles, and in downstream sectors like ICT, trade and services. It is also one of the biggest innovators on a global scale, rapidly adopting breakthrough technologies that address the need for more efficient and environmentally-friendly transport solutions.
The Automotive industry involves the manufacturing of bodies, engines, parts and whole vehicles for ground transportation. Such vehicles include motorcycles, cars, light commercial vehicles and heavy commercial vehicles.
Aiming to accelerate industrial transformation and advance its carbon neutrality goals, the Chinese government has actively promoted the development of the new energy vehicle (NEV) industry. As a result, China has experienced rapid growth in NEV ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2024. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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Aiming to accelerate industrial transformation and advance its carbon neutrality goals, the Chinese government has actively promoted the development of the new energy vehicle (NEV) industry. As a result, China has experienced rapid growth in NEV ...
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Policy support, improving consumer awareness and rising affordability have been fuelling the global electric vehicle (EV) market for more than a decade now. With sales rising in double digits, EVs are gradually eating up into the market share of ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2024. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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The total sales revenue of China's car parts sector reached RMB 4.62tn in 2024, which represented an increase of 4.8% y/y, according to data released by the China Business Intelligence Network (AskCI). By the end of 2024, the number of China's car ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2024. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
View more details
China's automotive sector continued to rank first globally in terms of production and sales in 2024. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
View more details
Aiming to accelerate industrial transformation and achieve carbon neutrality, the Chinese government has been actively encouraging the development of the new energy vehicle (NEV) industry. As a result, China has witnessed surges in the production and ...
View more details