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Latest From Alysha Webb
The global health crisis has shone a spotlight on a segment that already was poised for growth in China.
Discover the key characteristics of the AV market in China and automakers’ game plans to market, including strategies to monetize AV tech on the way to Level 4.
Silicon Valley continues to be Ground Zero for AI research, but China has other advantages as it seeks to close the gap in autonomous-vehicle development.
The government’s revised plan calls for New Energy Vehicles to account for 25% of all new-car sales in China by 2025. The current plan calls for NEVs to account for 20% of sales by 2025 and heavily favors battery-electric vehicles.
China is expected to lead the world in 5G connections, forecast to top 500 million by 2025 and account for 41% of the global total.
Consolidation among start-ups is expected, but the long-term trend for plug-in vehicles still calls for growth.