Several industrial companies are currently demonstrating how artificial intelligence (AI) can be harnessed as a tool. Using AI, it is comparatively easy to check one’s own database of thousands of suppliers for human rights violations. Particularly, companies doing business in China are currently exhibiting increasing interest in screening their suppliers – and their suppliers’ suppliers.But […]
Let the other sailors spend their money in brothels. For beer and Korn and whatever else promises distraction on the Reeperbahn. But not the Chinese. Because the Chinese, at least according to Martin Chen, head of the Home for Chinese Sailors in Hamburg, are family people. Hard-working and pragmatic to boot. That’s why his father […]
BYD has big plans. In 2023, the Chinese conglomerate, which initially made a name for itself with batteries and now primarily focuses on New Energy Vehicles (NEV), aims to sell 3.6 million vehicles. This would make the Chinese company one of the top ten producers in the world. The Shenzhen-based corporation would need to double […]
One in four cars built by Chinese manufacturers for export could not be exported last year. The capacities on ships and rail were too low. Now the People’s Republic is catching up because the supply routes have become accessible. In the first quarter of 2023 alone, almost 1.07 million vehicles left the country.In 2022, Chinese […]
Rail transport is a great opportunity for Europe and China alike to bring about the mobility transition. The Chinese strategy, however, is also based on political calculations, which is why state-owned companies advance development much faster than in Europe.By now, Chinese technology is even in demand in Europe. And not only, as is often assumed, […]
Europe, in general, and Germany, in particular, rely on their export strength. Accordingly, European companies have benefited greatly from China’s ascent to the second-largest economic power. But in recent years, the economic success story has started to stall. The Federation of German Industries (BDI) declared a “systemic competition” in January 2019. And the EU spoke […]
No other component decides the success of electric mobility like the battery. It is what makes the car expensive. Moreover, many customers focus on the range and charging time when considering the suitability of an EV for everyday use. Contemporary Amperex Technology Co Limited (CATL) has made a breakthrough in this area.The Chinese company from […]
“Business as usual” seems to be a foreign concept to the Chinese automotive market. Record years for combustion engines were followed by the EV boom. The pandemic and supply chain problems caused the boom to falter. No sooner do these wild times seem to have been overcome than manufacturers of every type of drive try […]
Anyone building cars or sourcing parts for their factories in China is most likely to come into contact with forced labor. The study “Driving Force – Automotive Supply Chains and Forced Labor in the Uyghur Region” has named the Chinese companies that benefit from forced labor and traced the supply chains to Western car brands.That […]
German automakers are increasingly taking on the role of spectators in the Chinese car market. In the booming market for EVs, Volkswagen has just a 2.4 percent market share. BMW and Mercedes have less than one percent, figures from the state motor insurance company show. The problem is self-made, a high-ranking Mercedes insider tells Table.Media. […]