‘China’s Elon Musk’ uses just two numbers to demonstrate why his country’s auto industry is now outcompeting the U.S. and Europe

in steemit •  23 days ago 

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XPeng founder He Xiaopeng, speaking at his global brand night in Hong Kong, highlighted the breathtaking speed of innovation in the Chinese auto market over the course of a decade.
Xpeng cofounder He Xiaopeng says the number of new electric vehicles equipped with highly automated “hands-off” driver assist features sold in China has soared in just a decade and is now outpacing its peers in the West.
If you want to know why the most technologically advanced cars are currently built in China rather than the United States or Europe, two numbers describe the breakneck pace of innovation there.

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23 days ago by

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