The 'China moment': The new rule-maker of the global auto industry

Added: 2026-05-06

[00:00:00]China.

[00:00:02]A new era for BMW in China.

[00:00:04]>> Highest speed of innovation definitely is in China. And so the perspective for our Chinese customers is very [music] exciting. To the world.

[00:00:15]We will go deep overseas and get win-win achievements with our global customers.

[00:00:21]If China spent [music] the past decades catching up in the auto industry and serving as the world factory, it is now painting the future of global automotive sector. So, why China?

[00:00:31]And I'll figure it out.

[00:00:40]Here, there at least 4,000 visitors from all around the world here just for the Chery press conference. There's going to be something big.

[00:00:49]Today is just to see the new Leppus L6.

[00:00:52]I'm here to see what the new Leppus brand is here to offer.

[00:00:56]To just see what the future of automotive looks like. It's very exciting for me. It's a very good brand from Chery Group. The sales are very grow very fast in Peru.

[00:01:10]As a trailblazer of Chinese auto exports, Chery pioneered the bulk export of Chinese passenger cars back in 2001 and has secured the top spot in passenger vehicle exports in China for 23 consecutive years. I believe was a speed of the Chery's global expansion is rooted in the depths and the fitness of the localization, which also demonstrate our philosophy in somewhere, for somewhere, be somewhere.

[00:01:43]So, since [music] 2009, China has remained the world's largest automotive producer and market for 17 consecutive years. In 2023, >> [music] >> China overtook Japan for the first time to become the world's top vehicle exporter.

[00:01:58]But today's [music] overseas expansion is far more than mere vehicles.

[00:02:03]So, from this year's Beijing Auto Show, we can clearly feel that AI intelligent driving are no longer the gimmicks. They have become the standard features.

[00:02:13]I was fan testing the intelligent assisted driving model.

[00:02:17]When braking to a stop, you can barely feel any like jerky movement at all. The ride is incredibly smooth. So, AI is just driving way much better than me.

[00:02:28]And the vehicle I just tested is equipped with an intelligent driving system developed by ZIVIT.

[00:02:35]And this homegrown Chinese brand unveiled its native multimodal foundation model for the first time at the Beijing Auto Show. So, what does it mean multimodal? Because we you can see here in our booth, we empower everything that moves from a truck to a last-mile delivery vehicle to a passenger car to humanoid robot. I think China is the leading market for autonomous driving.

[00:02:54]Here you see all these amazing technologies. I mean, if you look around, this is this is crazy what's happening.

[00:03:00]And competition in the automotive industry has long shifted beyond traditional rivalry over power and space, fully focusing on intelligence.

[00:03:09]Leading developers such as Horizon Robotics, ZIVIT, Momenta are empowering the world with Chinese technology, while China's new energy vehicle giants are setting global industry trends.

[00:03:21]In the past 3 years, China, the US, and the rest of the world have seen tremendous changes in digital AI.

[00:03:28]Digital AI is transforming our digital world, but I believe that physical AI will truly change our lived experience and the jobs of many people.

[00:03:36]Over the past year, XPeng has opened three factories overseas, added one R&D center, and more than 40 sales centers.

[00:03:44]And this year, we will continue to add new factories and new R&D centers globally. And when you look at today's German luxury car brands, you'll see more Chinese elements.

[00:03:56]So, now I'm sitting in the iX3 from BMW, its latest version from its new classic series. And for this car, the major supplier of batteries CATL, and its intelligent assisted driving system is developed with Momenta from China. So, this kind of China [music] tech assembly is now everywhere among the traditional auto makers, almost standard.

[00:04:17]So, with Chinese [music] technology on board, even legacy icons like Benz, BMW, and Audi have become over 100-year-old new players. [music] And the new model of reverse joint venture is shaping the next decade.

[00:04:33]We offer a new platform, which is not only electric, but offers a new user interface, which offers the latest Chinese technology in the cars, which has been created together with Chinese partners. Um Momenta, Huawei, um Alibaba, Banma, and so on. Uh whatever we do here in China with our in China for China strategy, we do it together with these two strong partners.

[00:05:01]And in addition to that, we then bring in the leading tech companies from the Chinese ecosystem to to deliver on what the market really requires. Decades ago, China traded market access for technology [music] with foreign standards dominating production lines. Today, China is emerging as both a cradle of innovation and a real-world test bed for global automotive technology. These days, China is still the biggest car market in the world, and it has even widened the gap to Europe and North America. But more importantly, is also the innovation powerhouse of the global automotive industry. Developments in China have made the entire automotive industry globally move at a higher pace.

[00:05:45]So, from the roll out of China's first Jiefang truck in 1956 [music] to its global tech empowerment in 2026, China's automotive industry has traversed an eventful 70 [music] years.

[00:05:57]Through today's overseas expansion is fraught with headwinds, it has forged a full-fledged [music] Chinese automotive industrial powerhouse, covering complete vehicles, battery and new energy intelligent driving, and global standard output.