China’s smart cars on cusp on global spread

China’s intelligent driving industry is poised to rapidly expand globally, driven by technological advancements, scale and cost advantages, positioning Chinese companies to lead in international markets. Whether in products, technologies and the supply chain, Chinese companies are at least one generation ahead in overseas markets excluding the United States, so they have great opportunities to go global, said Zhang Yongwei, president of China EV100, at the 7th Global Intelligent Driving Conference last week. Thanks to the market size in China, the cost of key components has been slashed, said Zhang.

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