- The global automotive market is seeing intensifying competition, with Europe struggling while China experiences strong demand for NEVs.
- German carmakers are struggling with market shifts in Europe as Chinese manufacturers, including Chery, seek production partnerships and gain market share.
- German industry is relocating to China for survival amid economic pressures and market shifts.
VDMA, representing German engineering interests, engages in the Sino-US tech power struggle in Shanghai, calling for unified European value chain development.
1 report, 1 independent
Updated Aug 19
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What happened
VDMA, representing German engineering interests, engages in the Sino-US tech power struggle in Shanghai, calling for unified European value chain development.
Who's involved
What this event is mainly aboutKeep exploring
Part of
German industry is relocating to China for survival amid economic pressures and market shifts.Also in this story
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