CHINA'S AUTOMOTIVE PLAYBOOK IS REWRITING GLOBAL COMPETITION, MOBILITY GLOBAL FINDS
Mobility Global (NYSE: MBGL) published a research report projecting Chinese-origin brands could reach nearly 20% of Europe's light-vehicle market by 2030. The report argues competition is now system vs. system rather than car vs. car, with foreign automakers' share of the Chinese market expected to fall to 20% by 2030 from roughly 60% in 2014.
Key figures
- Europe auto jobs
- 14 million
- Europe auto annual rd
- €57 billion
- Europe auto gdp share
- 7%
- China share global ev production
- near 50% by 2030, down from 60% today
- Chinese brands europe share 2030
- nearly 20%
- Foreign share of china market 2014
- 60%
- Foreign share of china market 2030
- 20%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.