Western Executives Shaken After Visiting China
a day ago
- #EVs
- #Automation
- #China
- Western executives visiting China are humbled by its advanced, heavily automated manufacturing industry, especially in electric vehicles (EVs).
- China's shift from government subsidies and low wages to innovation by skilled engineers is changing its competitive landscape.
- China leads in industrial robot deployment, aiming to compensate for demographic challenges and gain a competitive edge.
- Beyond EVs, China is aggressively adopting AI and making significant progress in its space program.
- Chinese EVs are making a strong impression in Europe, despite US protectionist measures.
- Experts suggest that Western nations need to catch up in robotics and automation to compete with China's aging but highly productive economy.