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auto industry
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue (from 16% such as in France up to 40% in countries such as Slovakia).
The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860–1930), first came into use to describe automobiles in 1898.
BYD executive Li Yunfei emphasized innovation over imitation in China’s auto industry after rivals copied earlier models.
The post BYD executive says industry must innovate or competitors will have nothing to copy appeared first on CarNewsChina.com.
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The Nürburgring scoreboard now speaks Mandarin. And it’s getting louder every month.
The post OPINION: China’s EVs are now playing in Porsche’s backyard and winning appeared first on CarNewsChina.com.
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