In Depth: How Smart Cars Are Upending the Auto Supply Chain

EVs and self-driving cars shift the focus of vehicle-making from nuts and bolts to integrated circuits and complex computer systems

China’s auto industry supply chain faces profound changes as the electric and smart-car transition accelerates, breaking up the old supply system and bringing in new competitors.

“China’s electric vehicle penetration rate is already the highest in the world, and the entire automotive supply chain is undergoing an overhaul,” a state-owned investment company executive said. “Challenges and opportunities are both ahead.”………

https://en.caixin.com/2023-05-17/102057078.html

This article has a total of 1800 words. Continue reading after subscribing

Log in to get subscribed reading rights