Manufacturing

China’s rapid advancements in battery electric vehicle (BEV) technology have positioned it as a global leader in the automotive industry, writes Tom Pattinson With a growing focus on sustainable transportation and environmental consciousness, Chinese original equipment manufacturers (OEMs) are making significant strides in BEV battery technology, revolutionising the industry and impacting markets worldwide. China’s emergence as an electric vehicle (EV) powerhouse has been underpinned by its dedication to innovative battery …

China is the world’s largest producer and consumer of chemical products, which makes the chemical industry central to its economy. As China’s economic policy shifts toward consumption-driven growth and more sophisticated products, the result is likely to lead to additional growth in the demand for speciality chemicals, writes Kristina Koehler-Coluccia, Head of Business Advisory, Woodburn Global In China, business segments that are closely connected to the chemicals industry include agriculture, automobile …

In recent years, China has made remarkable strides in the adoption of new energy vehicles (NEVs) in the commercial transportation sector, encompassing vehicles like lorries, buses and other public service vehicles, writes Tom Pattinson With an increasing focus on reducing greenhouse gas emissions and combating air pollution, China’s aggressive push towards NEV use is not only environmentally conscious but also a strategic move to establish itself as a global leader …

The convergence of technology, changing consumer behaviours and a commitment to environmental consciousness is redefining the way vehicles are bought, sold and serviced in the world’s largest automotive market, writes Tom Pattinson Over the last few decades, China has become a global automotive giant. This remarkable growth has been paralleled by the development of a solid car dealership model, initially centred around the ‘4S system’ – an acronym for ‘sales, …

China’s swift progress in the field of autonomous driving technology has propelled it to the forefront of the industry, writes Tom Pattinson The growth of autonomous vehicles, both in China and around the world, is underpinned by a symphony of cutting-edge technologies. By bringing together artificial intelligence (AI), sensor systems, cameras, lidar (light detection and ranging), radar modules, and intricate algorithms, vehicles have the potential to perceive their surroundings, make …

China’s EV charging landscape is dynamic and rapidly evolving, accommodating a diverse range of EV models and charging solutions thanks to collaborations between companies like bp and DiDi, writes Tom Pattinson The global shift towards sustainable and eco-friendly transportation solutions has given rise to the rapid adoption of electric vehicles (EVs) across the world. China has been leading this transformation and has been strengthening its EV market for over a …

There are promising prospects for UK businesses in China’s car service sector, including in the growing spare parts market, writes Tom Pattinson Over the last few decades, the rise of the middle class, rapid urbanisation, and robust economic growth have all contributed to a surge in car ownership in China. As the world’s largest automotive market, China currently represents nearly one-third of all global car sales. Moreover, the country’s domestic …

Online platforms and an increasing preference for electric vehicles among younger buyers are transforming China’s second-hand car market, writes Tom Pattinson The global automotive landscape has witnessed dramatic changes over the past few decades, and nowhere is this more evident than in China. The country’s unprecedented economic growth has not only transformed its urban landscape but also revolutionised how its citizens engage with mobility. This transformation has set the stage …

Both China and the US want to see their countries become world leaders in the chip industry, but now the Biden administration is upping the ante in US-China chip-related trade tensions, with measures to prevent American citizens working on Chinese chip design and manufacturing, writes Joe Cash On 24 October, a notice went around Chinese chip maker Yangtze Memory Technologies Co Ltd (YMTC): the company had terminated the contracts of …

The current global economic slowdown has Chinese manufacturers worried about the future. However, this situation has motivated many Chinese factories to look into doing a joint venture with a foreign company for the first time, writes Kristina Koehler-Coluccia, Head of Business Advisory at Woodburn Accountants and Advisors Disruption creates difficulties, but it also creates opportunities. Post Covid-19, investors have an opportunity to benefit from a first-mover advantage in this new world, …