The automotive industry proceeds rapidly with the development of cars with alternative propulsion systems, like plugin hybrid and battery-electric vehicles. By surpassing the United States as first global leader on the New Energy Vehicle (NEV) market in 2015, China plays a major role in driving the further development of the electric vehicle industry. According to data from the China Association of Automobile Manufacturers (CAAM), with a production of more than 517,000 NEVs in 2016, China has established itself as a power to be reckoned with.
In this issue of the German Chamber Ticker, we will also take a closer look at smart manufacturing, the Internet of Things, smart technologies and their effects on the automotive industry, but also on our daily life and our connected or even “smart homes.” Furthermore, experts will share their insights on growing trends in the Chinese transportation industry, in particular the fast development of the enormous high-speed railway network in China. We hope you enjoy reading it.