Recently, Boston Consulting Group showed that by 2035, the three new travel technologies of electrification, self-driving cars and shared travel will account for 40% of the profits in the automotive industry; traditional profit pools including traditional parts supply, hybrid vehicle sales, auto finance and automotive aftermarket will drop to 60% of the profits in the automotive industry. According to Boston Consulting Group, global new car sales will stop growing significantly in 2025, influenced by consumption trends in China and other developing markets. The popularity of electric vehicles, driverless cars and shared vehicles will eventually stop the growth of new car sales. Over the next 15 years, OEMs’ competitive position will be threatened by new challengers, including suppliers, on-demand mobility platforms and technology giants, and cities will play an increasingly important role in transportation. The third-quarter financial reports of Chinese listed companies showed that amid sluggish domestic automobile consumption and an overall downturn in listed vehicle companies, leading companies in the new energy and smart car sectors showed tremendous growth. Cumulative investment in charging infrastructure is expected to reach $130 billion. In addition, the industry is expected to spend $1.8 trillion to produce 72 million self-driving taxis by 2035. The Boston Consulting Group's report shows that China has an advantage in competing for emerging profit pools. In 2017, China ranked first in the world in terms of electric vehicle battery sales, total number of on-demand trips, and new energy battery production capacity. As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity. |
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