Tech threat to domestic firms

China's industry warned over the potential problem posed by 'intelligent future'

The Chinese authorities and stakeholders have called on domestic carmakers to push the pedal to the metal in concerted efforts in new technologies, as leading global automakers accelerate towards an intelligent future, leaving the local industry in their dust.

The consensus by automotive insiders is that every carmaker needs to transform itself into a smart mobility solution provider, as the industry is developing rapidly thanks to the introduction of disruptive technologies.