Japanese Media: Beijing Auto Show Reveals Global Automotive Industry's Deep Dependence on China
On April 24, Japanese media outlet TBS News reported on the grand scale of the Beijing International Auto Show.
The article stated: In recent years, China has drawn significant attention due to its advancements in research and development and production of electric vehicles. Today, its influence is also growing in areas such as autonomous driving systems and automotive components. A U.S. automaker representative noted that over 90% of their components are now manufactured in China.
The Beijing Auto Show opened today. Chinese automakers, including BYD, have showcased their most advanced technologies. Meanwhile, foreign automakers with long-standing operations in China are placing great importance on this event as well.
Last year, China absorbed nearly 40% of global automobile sales volume.
An Audi representative said: “Audi truly integrates the century-old heritage of a luxury brand with China’s cutting-edge technology. Today, through AI, information can be sent via in-vehicle sensors to assess the surrounding environment and enable assisted driving.” “The driver assistance system used by Audi comes from a Chinese company.”
Chinese startup Momenta focuses on autonomous driving technology. The company is rapidly expanding its business, including partnerships with German and Japanese manufacturers.
Startups specializing in automotive semiconductors are also emerging, concentrating on developing automotive-grade chips. They have achieved semiconductor development at prices significantly lower than before. Chinese startups are already supplying semiconductor products to Volkswagen and other German companies.
Horizon Robotics representative: “Our goal is not only to create intelligent environments for luxury vehicles but also to make premium features accessible to ordinary car users.”
Chinese enterprises are also intensifying their presence in the battery market, with an increasing number of overseas manufacturers adopting Chinese technology and components.
Tesla China representative: “Since 2019, within just three years, 95% of our components are now made in China—this rapid progress is thanks to the combination of China’s robust supply chain infrastructure and its talented workforce.”
This means that over 90% of the EV components produced at Tesla’s Shanghai factory are manufactured in China.
China is actively pursuing the development of critical automotive technologies such as semiconductors and artificial intelligence through national strategic initiatives, while strengthening the automotive industry’s supply chain.
As China’s new energy vehicle industrial chain becomes increasingly mature, global automakers’ reliance on China continues to deepen.
Original article: toutiao.com/article/1863343606492362/
Disclaimer: This article represents the views of the author alone.