At the beginning of this month, entrepreneur and author Jack Perkowski, wrote an article for the FORBES magazine in which he analyzes the current state of automotive industry in China, its opportunities and challenges. Since automotive industry is certainly a topic of great interest for CRM FACTORY and for many of our readers, we would like to share Mr. Perkowski’s opinion on the matter.
China’s auto industry is alive and well
2015 was a watershed year for China autos, marking an end to 15 years of fast growth that saw vehicle sales increase tenfold, but also bringing to the fore some interesting new opportunities in New Energy Vehicles (“NEVs”), the aftermarket and connectivity.