Foreign Car Makers Tap Chinese Tech to Reignite China Sales

1 min read
Source: CNBC
Foreign Car Makers Tap Chinese Tech to Reignite China Sales
Photo: CNBC
TL;DR

Foreign automakers are racing to defend their share in China by integrating advanced Chinese tech into new models at the Beijing auto show, with Cadillac and Hyundai launching driver-assist EVs co-developed with Chinese firms and VW planning AI-powered voice features; despite a flurry of monthly model launches, many brands have seen sales declines in China and analysts expect tech to eventually spread globally.

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