A sweeping new report from Mobility Global warns that traditional automakers are struggling to compete with Chinese rivals on cost, having fallen behind in both electric vehicle development and software integration. While legacy brands still dominate in high-end markets and commercial fleets, analysts suggest they may have lost critical early momentum in key technological and pricing advantages. The findings highlight a shifting landscape where Chinese manufacturers are rapidly closing gaps in affordability and innovation. Industry observers will be watching closely as the race for dominance in the next generation of automotive technology intensifies.
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.