Global auto giants rely on China to stay competitive

China built its automotive expertise through mandatory partnerships with foreign brands. In return, global automakers gained access to a massive market and billions in profits. However, this success came at a price: local companies that were once modest manufacturing partners have now become powerful global competitors. This is reported by Autocar.co.uk reports .

Currently, global automakers are seeking help from those same Chinese partners to reduce costs and upgrade technologies to new Chinese standards. This new cooperation strategy differs fundamentally from the forced industrial alliances of the past.

New-era partnerships are much more flexible and agile. International brands are now forced to leverage Chinese expertise not only in manufacturing capacity but also in EV platforms and software. This indicates that the balance of power in the global automotive market has completely shifted.