Automundo China

The Changan CD701 Concept Is An SUV That Can Transform Into A Pickup

As Chinese cars rocket up the sales charts in Australia – overtaking South Korea as our third biggest source of new motor vehicles – there is another contender waiting in the wings.

Battery recycling needs standardising, say experts, who also call for loopholes to be closed and awareness raised among EV owners

Chancellor Olaf Scholz urged Germany’s carmakers to embrace competition from Asian rivals and not be intimidated by the rise of China’s electric-vehicle manufacturers.

Changan claims that the CD701 can realize dual-mode switching between an SUV and a pickup, as well as autonomous charging.

Some fear that costlier electric vehicles could reduce demand and undermine the European Union’s plan to ban the sale of petrol and diesel cars by 2035.

It's trying to fend off Tesla and bolster sales in China, where customers are choosing BYD and other homegrown brands.

The International Motor Show, IAA, is set to begin in Munich next week. Rebranded as a mobility show, the IAA will see a strong effort by Chinese automakers to make a splash in Europe's nascent electric vehicle market.

Governments around the world are increasingly intervening in the private sector through industrial policies designed to help domestic sectors reach goals that markets alone are unlikely to achieve. Companies in targeted sectors—such as automakers, energy companies, and semiconductor manufacturers—may experience dramatic changes in their operating environments. The policies could create new costs or deliver significant financial incentives to shift R&D or manufacturing investments. They might also incent firms to alter their supplier networks or change their trading partners. Managers who have grown up in markets without such interventions are now facing an unfamiliar environment. In this article, HBS professor Willy C. Shih outlines some of the policy approaches and offers a framework for responding to them. Business leaders need to understand the competing interests shaping the policies, engage and educate political leaders and their staffs, collaborate with upstream and downstream partners, and weigh the pros and cons of accepting government incentives.