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Shift towards e-mobility favors Chinese suppliers

The transition to electromobility demands not only high flexibility from auto suppliers but also billions in investments. Hence, those with substantial capital and established roots in the growing Chinese market are at an advantage.

By Christian Domke Seidel

SHAOXING, CHINA - SEPTEMBER 12: Interior view of Huawei AITO M7 Electric SUV is seen at a Huawei store on September 12, 2023 in Shaoxing, Zhejiang Province of China. PUBLICATIONxNOTxINxCHN Copyright: xVCGx 111453797249

Huawei cars selling well

For the technology giant Huawei, the end of its problems is not only emerging in the smartphone business. The new EV model with Huawei technology from the Aito brand is gaining popularity among customers.

By Jörn Petring