A groundbreaking report from Mobility Global highlights a shifting landscape in the automotive industry, where traditional manufacturers face growing challenges in competing with Chinese rivals on cost. The analysis suggests legacy automakers may have fallen behind in early electric vehicle and software development, despite still holding an advantage in premium and commercial vehicle segments. Industry experts warn that the gap in affordability and innovation could reshape global market dynamics unless Western brands adapt quickly. The findings underscore a critical turning point for automakers navigating the transition to electrification and digital integration.
A new Mobility Global report says legacy automakers can't match China on price and may have missed early EV and software advantages, though they retain the edge in premium and fleet.
