Dear Subscriber,
One of the sessions at our next mobility salon will be on an overarching subject for our industry and our time: "The Geopolitics of Mobility". We will bring together some leading experts to lead a discussion on the subject.
The auto industry faces more challenges than most. Beyond the drive for electrification, western OEMs must grapple with how to navigate the rising frictions between China, their biggest market and supplier, and the West. The new US Inflation Reduction Act and other industrial policy measures will certainly bring more manufacturing back to the US but means companies are caught between the conflicting pulls of their strong ties with China, and pressures to relocate back to the US. At the same time, the end of China's zero-Covid policy and the rise of Chinese EV manufacturers and exports (in 2022 China surpassed Germany as the world’s second largest exporter of cars) means that western OEMs now have another wave of major new competitors in their backyards. And despite the new US industrial policies, China will continue to be the world’s dominant supplier of batteries (whether from China or from new factories elsewhere) for a long time.
How will/should western OEMs and suppliers pick their way thru this complicated landscape? What are the choices and strategies available to them?
The discussion leaders for this session will be:
Bill Russo, Automobility Advisors
Scott Kennedy, CSIS
Jason Wortendyke, Citi
*****************
If you have not signed up for our Salon yet, please do so asap! Seating will be limited to 40 persons. To learn more about the event and register, enter the website by clicking on the image above. The Username is "friend" and the PW is "1818".
Hope to see you in Bonny Doon!
regards
Howard Chao
Doon Insights
