Benoit Labrousse’s Post

I just flew back from China yesterday evening. During my two-week business trip, I had the opportunity to visit several major Chinese OEMs and engage in in-depth discussions with them about the rise of new energy vehicles (NEVs). We delved into the significant impact these developments are having on the automotive industry, including the challenges and opportunities they present. In line with Nico Wimmer 's perspective, I’d like to offer additional thoughts regarding "The China Shock," which highlights a crucial turning point in the automotive sector. The emergence of Chinese automakers as leaders in technology and customer experience not only disrupts the traditional hierarchy but also sets new benchmarks for innovation. 𝐊𝐞𝐲 𝐏𝐨𝐢𝐧𝐭𝐬 𝐟𝐨𝐫 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐚𝐭𝐢𝐨𝐧: 𝐑𝐚𝐩𝐢𝐝 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧: The shift towards in-house developed NEVs marks a bold move by Chinese manufacturers to assert their technological independence. Leading companies like BYD, NIO and Huawei, along with Zeekr Technology Europe, CHERY, Great Wall Motor Co., Ltd., Changan Automobile, and other key Chinese OEMs, are spearheading this revolution. This has prompted OEMs worldwide to reassess their strategies in order to keep pace with this evolution. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬: The influence of government policies, combined with advancements in AI, is pivotal. These factors create fertile ground for innovation, allowing automakers to explore new revenue models and drive efficiencies. Western OEMs should take note of how similar policy frameworks could be implemented in their own markets to stimulate growth and innovation. 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐬: The waning of price wars in favor of quality and technology reflects a profound shift in consumer expectations. Today’s consumers are prioritizing user experience and technological enhancements over cost. OEMs need to align their offerings with these evolving preferences by focusing on delivering exceptional value and innovation. 𝐀𝐮𝐭𝐨𝐦𝐚𝐤𝐞𝐫 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲: Agility and cost control are critical in this fast-changing environment. To thrive, automakers must cultivate a culture of adaptability, enabling them to respond swiftly to shifts in the market and capitalize on emerging opportunities. 𝐈𝐧 𝐜𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧: the future of the automotive industry will depend on OEMs' ability to innovate and form strategic collaborations. Those looking to lead in this dynamic environment must embrace technological advancements and prioritize consumer-driven, tech-powered experiences. The race is no longer just about manufacturing—it’s about crafting an engaging, future-ready experience for consumers. The time to act is now! 🚗🌟 PS: I’ll be sure to review yesterday's edition of the Frankfurter Allgemeine for further insights as well.

"Exciting news in the world of electric mobility! Huawei and Toyota have announced a strategic collaboration to boost the manufacturing of electric cars. This partnership between two technology and automotive leaders promises innovation, efficiency, and sustainability. I'm thrilled to see how this partnership will transform the future of mobility. #Huawei #Toyota #ElectricCars #Innovation #Sustainability"

Xiaomi is revolutionizing the auto industry with groundbreaking tech—discover the electrifying future now! 🌟🚗⚡ By independently constructing factories and pioneering research and development, Xiaomi is not just entering the car market—it's revolutionizing it. 🏭🔧 Their unyielding focus on innovation and quality is exactly what the industry needs. Imagine the transformation when tech giants like Xiaomi infuse their cutting-edge expertise into China’s auto sector. 🌍🔝 The wave of new energy vehicles is here, and Xiaomi is at the helm, steering us towards an electrifying future. 🔋🚘 Are you ready to ride this wave with us? 🌊🔋 👉 Dive into the details and join the conversation in the comments below! 🚀

Foxconn Launches 'Project Cheetah' to Make India a Global EV Manufacturing Hub, Targeting 700,000 Units Annually by 2025 Foxconn, the Taiwanese electronics giant, is significantly expanding its operations in India with a focus on electric vehicle (EV) manufacturing. The initiative, dubbed "Project Cheetah," aims to position India as a key global hub for EV production. Foxconn plans to manufacture between 500,000 to 700,000 EVs annually in India by 2025. This expansion is part of Foxconn's broader strategy to diversify its manufacturing capabilities beyond traditional electronics like smartphones and into the growing EV market. India's strategic importance is highlighted by the country's growing demand for EVs, government incentives for manufacturing, and its push for cleaner energy alternatives. Foxconn's decision to scale up in India aligns with these trends, as the company looks to capitalize on the country's favorable business environment and skilled workforce. This move is also seen as part of Foxconn's efforts to reduce its reliance on China and explore new markets amidst global supply chain challenges. #EVRevolution #FoxconnIndia #SustainableMobility #GreenEnergy #ElectricVehicles #ManufacturingInnovation #GlobalExpansion #ProjectCheetah #IndiaGrowth #FutureOfMobility

China’s Xiaomi dreams of building a car ‘as good as’ Porsche and Tesla In a landmark move for the automotive industry, tech giants Xiaomi and Huawei have recently launched their electric vehicle (EV) initiatives, marking a significant shift towards sustainable transportation solutions. Xiaomi's EV venture aims to integrate cutting-edge technology with electric mobility, promising smart features and connectivity unparalleled in the market. Meanwhile, Huawei's entry leverages its expertise in telecommunications and AI to create efficient and intelligent EVs, poised to redefine the driving experience. This strategic pivot not only underscores the convergence of technology and automotive sectors but also highlights a pivotal moment in the global transition towards eco-friendly transportation alternatives. As these companies harness their technological prowess to innovate in EVs, consumers can anticipate advancements that enhance performance, safety, and environmental sustainability. Explore more about Xiaomi and Huawei's EV launches and their implications for the future of mobility here. https://lnkd.in/dA5FQEVz #ElectricVehicles #XiaomiEV #HuaweiEV #SustainableTransportation #FutureMobility #TechInnovation #AI #SmartMobility

🚗 China's Rise as an Automotive Powerhouse: The Road Less Expected? For decades, Germany and the US led the global car industry, setting benchmarks in engineering, innovation, and market dominance. Brands like Mercedes-Benz, Ford, and GM defined automotive excellence. Fast forward to today, and the landscape is shifting. China is emerging as a formidable force in the global car market, not just as a producer but as a trendsetter. How did this happen? 🔑 Key Factors Fueling China's Ascent: 💰 Government Investment: Heavy investment in electric vehicles (EVs) has positioned China as a leader in the green revolution. 🏭 Mass Production: Economies of scale and streamlined manufacturing allow Chinese brands to produce quality cars at competitive prices. 🤖 Tech Integration: AI, IoT, and cutting-edge tech are embedded into cars, meeting modern demands for smart, connected vehicles. 🌍 Global Ambition: Strategic partnerships and foreign brand acquisitions have boosted Chinese automakers’ credibility and global reach. As the automotive world shifts gears, how will legacy manufacturers respond to this new wave of competition? ❓ Do you think China’s rise will permanently reshape the global car industry? #automotive #EV #china #innovation #globalmarkets 👉 Follow me, Maarten Verschuere, for your daily Tech & Business updates.

Agreed its insane and also a threat, when we consider China's ambitions (related to to Taiwan and other contested Islands in the South China Sea) and its affiliations with Russia, Iran, North Korea etc this threat is clear and growing. Through purchase of goods, we in the West are building the strength of an economy that has the objective to dominate us. The answer cannot solely be tariffs on goods from China, we need awareness and and action on the part of consumers.

Thoughts on this? >> Stock Of The Day: TVS Supply Gains After Signing Contract With Daimler Truck — Key Levels >> Comment below! >>> lqventures.com #digitalhealth #socialmedia #digitalmarketing #healthtech #AI #IoT #mhealth #industry40

This is why Canada needs visionary leaders that care about the productivity of our country. The industrialization of Canada has taken a down turn and we need a leader that can reactivate it. Right now, the present goverment majors in the minor and are not paying attention to the actual things that will increase the productivity of the country. The total decline of car manufacturing in Canada is just one of the issues.

Cars are evolving from mere transportation into mobile spaces, offering not only driving capabilities but also entertainment, office, and living functionalities as new core competitive advantages. To avoid becoming the next Nokia or Motorola, while considering whether to accept a new phenomenon, do you first take a look at what these novelties look like and what functions they possess? Recently, the topic of China's new energy vehicles has been particularly hot. Why not, before making a judgement, let me take a chance to show you these cars? Fortunately, the China Europe International Business School (CEIBS)-Qianhai Automotive Industry Co-Creation Symposium provided an opportunity for me to encounter a batch of the latest models all at once. I'm interested in how they look, but there is much more to them. #auto #CEIBS Peter Zhou Dimitris Assimakopoulos Philippe MONIN Félix Valdivieso 唐夢龍