The Impact of Chinese Technology in the Global Car Industry

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The advancement of technology in Chinese cars presents a dilemma for foreign car makers as they may struggle to compete with superior Chinese technology. This dilemma raises concerns about how to incorporate Chinese technology into cars in Europe and the US, considering the skepticism of governments and regulators towards Chinese technology, especially in areas such as connected electronic devices. The issue carries implications for national and economic security, echoing challenges faced by companies like TikTok in the US.

Strong sales at Amazon’s cloud computing division helped the Big Tech giant beat analyst estimates for revenue and profit, private capital is playing a growing role in the green energy transformation, and foreign carmakers are teaming up with Chinese technology groups to compete in the local market.

Mentioned in this podcast:

Amazon’s strong cloud sales help power revenue gains

Can private equity accelerate the green transition?

Jeremy Hunt warns FCA against ‘naming and shaming’ business

‘Everything has changed’: foreign auto groups embrace local technology in China

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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