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GODDESS TOUCH MEDITATION-HEALING THE BODY & MIND.
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Kwabena Ofori Osei
10 Views · 6 months ago

In recent years, the Chinese automotive market has undergone a significant transformation. Once dominated by German brands like Volkswagen, BMW, and Mercedes-Benz, the landscape is now shifting as Chinese consumers increasingly favor domestic brands. The story of why Chinese car buyers are increasingly choosing to move away from German car brands is one that reflects changing trends, technological advances, cultural shifts, and the ever-evolving automotive landscape in China.

For years, brands like BMW, Mercedes-Benz, and Audi held a unique position in the Chinese market. They were symbols of prestige, success, and quality, viewed as the ultimate choices for those who wanted a car with both style and a legacy of engineering excellence. The German reputation for quality, particularly in the luxury segment, drew countless Chinese buyers who wanted the best. Owning a German car was seen as a statement and a way to demonstrate economic success. However, a noticeable shift has been taking place in recent years. Chinese buyers, who once strongly preferred these established German brands, are now increasingly looking towards domestic alternatives and new players in the automotive world, including electric vehicle (EV) companies that align more closely with the country’s direction.

China's automotive industry has seen rapid growth and development over the past decade. One of the most significant reasons behind this shift is the rise of competitive Chinese automakers. Brands like BYD, Nio, Xpeng, and Geely have emerged as strong contenders, especially in the EV segment. As these brands continue to improve their products, they’re gaining the respect and interest of local buyers who are impressed with both the performance and technology offered by these vehicles.

Chinese automakers have taken bold steps in innovation, investing heavily in electric technology, smart car features, and even autonomous driving capabilities, all of which align well with the desires of the modern Chinese consumer. This is especially true in an era where young buyers, who are often more tech-savvy and environmentally conscious, make up a significant part of the market. These younger consumers are often more interested in the latest technology and eco-friendly options rather than traditional luxury status, making local EV brands even more appealing.Another key factors driving the success of Chinese brands is their focus on electric vehicles. China has been a global leader in the adoption of EVs, supported by government policies and incentives aimed at reducing pollution and promoting sustainable transportation. As a result, Chinese automakers have been able to capture a significant share of the EV market, outpacing their German counterparts.

Kwabena Ofori Osei
10 Views · 6 months ago

An exhibition in central Japan showcases tens of thousands of parts, stripped from the world's top-selling models. Japanese car parts manufacturers were stunned at the advances of Chinese brands BYD and Nio.

Chinese carmakers hold costs down through engineering advances in parts assembly, and with a far higher degree of vertical integration of production. Chinese companies integrate multiple components into one part, and then standardize those integrated parts across multiple car models. This results in far fewer parts per car, faster manufacturing time, and lower vehicle weight.

Industry insiders are increasingly critical of top executives in the US, Europe, and Japan who have been blindsided by Chinese ascent and near-domination of the global car industry. Consultants and engineering experts in China have reported for years on Chinese monopolies of supply chains, engineering breakthroughs, and product quality. Yet the CEO's and top officers of legacy car brands were seemingly unaware of key developments that were upending their own industry, and which now threaten their survival.

Resources and links:

Nikkei, Japanese tear down Chinese EV’s and don’t like what they see
https://asia.nikkei.com/Busine....ss/Automobiles/Elect

Wall Street Journal, What Scared Ford’s CEO in China
https://www.wsj.com/business/a....utos/ford-china-ev-c

Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
https://apnews.com/article/chi....na-byd-auto-seagull-

Wired, How China’s EV Boom Caught Western Car Companies Asleep at the Wheel
https://www.wired.com/story/ho....w-chinas-ev-boom-cau

Inside China Business, Ford Motor CEO visits China, sees existential threats and opportunities, and overhauls the company
https://www.youtube.com/watch?v=1LOgURuanrU

Company page, Sino Auto Insights
https://www.sinoautoinsights.com/

Closing scene, Lijiang Park, Yunnan

Baka Omubo
10 Views · 6 months ago

🌟 Join the 'I Never Knew TV' Community!
Become a member today: https://www.youtube.com/channe....l/UCwZ2vurIl_X8rv0Dv

In this insightful presentation, Deborah Hinds speaks about attainable fitness and nutrition goals for optimal health. Deborah also speaks about facilitators and barriers
to achieving better fitness and nutrition habits developing
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Baka Omubo
10 Views · 6 months ago

🎶 Timeless Minds, Ageless Truths 🎶

This track is a powerful blend of timeless soul and revolutionary wisdom. Featuring samples of the legendary voice of Anita Baker and the profound words of Muhammad Ali, we’ve created something that transcends time.

Edited by and Filmed in Troy, NY by @TRUSICmusic and @SESVth

Produced by A-G Music, this song is a call to elevate the mind, awaken the soul, and inspire action. Let the music move you. Listen, reflect, and share.

##timelessmindsagelesstruths #trusic #keepittrusic #agmusic #anitabaker #muhammadali #revolutionarysound #conscioushiphop #soulfulwisdom #blackexcellence #newmusic #timelesstruths #elevateyourmind




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