China is known to scale out in the low end market without having a strategy to go upmarket.
Reading this article I honestly got the opposite impression. China is hopelessly behind Japan in both high end machine tools and robotics.
Reading this article I honestly got the opposite impression. China is hopelessly behind Japan in both high end machine tools and robotics.
Check out eg the Xpeng G6, which delivers an Audi ride but undercuts the Tesla Model Y on price: