Japanese auto giants know they need China to survive

Japanese auto giants know they need China to survive

Japanese automakers are attempting to make a comeback in China with their local joint venture partners and Chinese suppliers of smart cockpit and self-driving technology. With their combined market share in China down from 24.1% in 2020 to 13.7% in 2024, according to the China Passenger Cars Association, this is perhaps their last chance. As […] The post Japanese auto giants know they need China to survive appeared first on Asia Times.

Japanese carmakers join forces with their Chinese partners to improve their electric vehicle sets and regain lost local market share.