Automotive exhibition in Shanghai: "Mobility, not motoring, is the Chinese aim"
Rewritten Article:
Hey there! Let's dive into the automotive world, shall we? Bill Russo, a former Daimler and Chrysler exec based in Shanghai, is shedding light on the latest trends as we approach the Shanghai Motor Show.
Here's a quick glance at how the Chinese market compares with the Western market, especially when it comes to connected and semi-autonomous vehicles:
China's urban landscape, need for decarbonization, and a vision of mobility rooted in the tenth five-year plan have fueled its transformation into a global powerhouse in the automotive industry. The Chinese government has been instrumental in promoting the development of the battery industry, supply chain, and charging infrastructure to empower local companies. This strategic push has significantly reshaped the industry, with Tesla's Shanghai factory marking a turning point in 2021. In a span of five years, traditional Western manufacturers saw a massive 50% dip in market share.
So, are European or American consumers ready for these sophisticated, connected vehicles that the Chinese market is increasingly embracing? Well, let's break it down:
Europe:- Adoption: While Europe is steadily moving towards electric vehicles (EVs), its rate of adoption still lags behind China. However, there's a relatively higher intent to purchase EVs in Europe compared to the U.S.- Technology: Advanced driver-assistance systems (ADAS) are gaining traction, but Europe hasn't quite caught up to China when it comes to higher-level features like L2 and above.- Regulations: Europe has a supportive regulatory environment, though it lacks China's strategic advantage in data collection and processing.
U.S.:- Adoption: The U.S. trails both Europe and China in EV adoption, with only about 10% of new car sales being electric vehicles (8% battery electric and 2% plug-in hybrids).- Technology: The penetration of ADAS features in the U.S. is much lower compared to China, with fewer than 40% of passenger vehicles equipped with such systems.- Regulations: The U.S. has recently implemented the "Connected Vehicles Final Rule," which could impact the supply chain and compliance for connected vehicles by restricting market access for vehicles and components linked to China or Russia.
China:- Adoption: China is a global leader in the adoption of EVs, with projections pointing towards a significant portion of its domestic market being EVs by 2025.- Technology: China is rapidly advancing in intelligent-driving systems, with a high penetration of ADAS features (nearly 60% of passenger vehicles sold last year). Chinese brands are leveraging local data collection and processing capabilities to develop cost-effective intelligent-driving solutions faster.- Innovation: China's government supports domestic automotive innovation, and the presence of software and machine-learning talent accelerates the development of autonomous vehicle technologies. However, international regulatory hurdles, such as the U.S.'s "Connected Vehicles Final Rule," may impact exports and partnerships.
- Bill Russo, based in Shanghai, reveals that China's advanced charging infrastructure, aided by the government's strategic push, has positioned the country to truly lead in readying automotive technology, such as charging solutions for electric vehicles.
- Despite Europe's relatively higher intent to purchase electric vehicles, it lags behind China in the adoption and technology of connected and semi-autonomous vehicles due to lesser advancements in higher-level features like L2 and above.
- The United States, trailing both Europe and China in the adoption of electric vehicles and the penetration of advanced driver-assistance systems, faces potential market access restrictions due to recent regulations like the "Connected Vehicles Final Rule," which could impact the supply chain and compliance for connected vehicles linked to China or Russia.









































