China can now rival the US with new innovations in tech, VW finance chief says

These include autonomous vehicles and the development of 5G infrastructure.China is helping to drive technological change in the automotive sector, the chief financial officer of Volkswagen told CNBC Thursday.

"I think for the longest time we have been used to looking to the west coast of the United States when we were talking about innovation and new technologies," Witter told CNBC's "Squawk Box Europe."Witter said that, looking at motor shows in China year-over-year, it was "just amazing how quickly the industry is progressing," highlighting development at China's OEMs .

The Volkswagen Group's relationship with China dates back to 1978. In 2017, it launched a joint-venture with the state-owned Anhui Jianghuai Automobile Co., looking at e-mobility. Looking at the bigger picture, when it comes to autonomous driving a range of technologies are being developed and tested.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Foreign automakers Mitsubishi, VW, Mercedes challenge Detroit in growing US pickup marketMost of the new entrants will target the midsize truck market which is expected to be one of the fastest growing segments in the U.S. between now and mid-decade. If you want to compete in the us market for trucks you need em biiiig
ソース: CNBC - 🏆 12. / 72 続きを読む »

Stocks in Australia poised to decline; US-China trade talks set to resume in BeijingThe U.S. and China are set to resume trade talks later on Tuesday. U.S. Treasury Secretary Steven Mnuchin said in an interview that negotiations between the two economic powerhouses were in 'the final laps,' according to a New York Times report from Sunday. Anyone else wonder why every week the Trump Administration sends out teasers about this trade deal, yet here we are with nothing. I wish I could short the trade deal - I bet that would be profitable. themoneygps jimcramer
ソース: CNBC - 🏆 12. / 72 続きを読む »