And, a recent tour of one of the Asian powerhouse’s vehicle plants has proved this beyond a shadow of a doubt, at least to Honda President and CEO Toshihiro Mibe.
“We have no chance against this,” Mibe said upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier’s floor.
Ford executives saying even three years ago that China was way ahead of the game
Toyota’s CEO has likewise said regarding not just his company, but the industry in general, “unless things change, we will not survive”
I will fully admit my only data is anectodal evidence from friends overseas.
Edit: I’ll also add, I distinctly remember reading abouy China selling zero mileage used EVs. Which lines up with dumping practices.
That one was less dumping and more subsidies fraud, IIRC
Ah, fair enough then. I concede.