China's automotive industry finds itself in the middle of a rapidly changing market environment.
China's automotive industry finds itself in the middle of a rapidly changing market environment. New technologies and models are triggering a profound change in the structure and ecology of the automotive sector. These are the findings of the latest KPMG Leading AutoTech 50 report, which was conducted by KPMG China for the third time.
The AutoTech 50 provides an overview of changes and developments of the automotive industry. It focuses on the four major areas intelligence and connectivity, after-sales market, mobility and car manufacturing. Findings propose that the industry should keep up with market developments. In view of the pandemics, this includes the consideration of refocusing the industry’s development priorities. The results also show that the integration of digital technologies plays an essential role for innovation.
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